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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Apr 30, 1970
Page
23
A wide array of stocks and mutual funds listed with fluctuating figures. Notable names include American Airlines, General Electric, Ford, IBM, Boeing, United States Steel, Exxon, and DuPont among many others with percent changes and price points shown.
Tuesday's livestock report shows receipts around 250 with market up 35 cents. Hogs ranged 215 to 235 for No 1 and 2 with sows 325 to 475. goods clocks 24.50 to 24.75.
USDA records in Cincinnati show cattle and calves insufficient for full test. Slaughter steers 800 lb bring 27.50 to 29.00, 600-200 lb heifers 27.00 to 28.00, cows 23.00 to 24.50, feeder steers 350-525 lb 31.50 to 34.50, feeder heifers 350-500 lb 30.00 to 33.00. Hogs steady to 25 lower with 200-220 lb at 25.00, 220-240 lb 24.50 to 25.00, 240-260 lb 23.75 to 24.50. Boars 50 higher at 19.50 to 20.00. Sheep insufficient for test.
Fragmentary OCR shows poultry scores and lines reading Versailles E Ss Kegs with numbers 43 44 33 39 34 35 29 30. The readable portion lists chicken related entries and cryptic codes. No clear event, date, or organization is fully discernible from the text.
Chicago grains move with mixed gains and losses across May and July contracts. Wheat shows modest shifts with May and Sep closing around 1.50 to 1.44 dollars, Corn fluctuates near 1.27 to 1.30, and Oats hover around 0.61 to 0.64 with Rye around 1.07 to 1.09.
Common Pleas Judge Tom Moody warned he may issue a restraining order if police continue raids on book stores selling obscene magazines. He rejected the immediate restraining request but said he could act later to curb arrest tactics he viewed as unnecessary and harmfully coercive.
In Los Angeles the fire department added a political arson listing. Battalion Chief John Byrne said prior reasons were fraud spite vanity pyrotechnic and crime cover up. He noted fires tied to the Vietnam War protests deserve a distinct label.
The AP reports widespread pessimism on Wall Street as Chrysler GM and Ford post large first quarter declines. IBM and Control Data join computer sector earnings drops while high borrowing costs and rising rates weigh on stocks. Inflation and unemployment also worsen outlooks for the year.
Investment columnist notes Halliburton faced oil sector headwinds from policy changes in 1970. 1969 results show net income up 19 percent and revenues up 26 percent. per share earnings $3.15 vs $2.68 in 1968. 1970 outlook cautious due to Alaska expenses and Brown & Root pressure. Recommends potential long term value despite near term softness.
Patrolmen Robert L. York and Ronald Parsley were uninjured but their patrol car sustained minor damage after a bottle and a rock were thrown at the Web Restaurant at 1217 Michigan Ave while responding to a fight between two beaten youths. The street was littered with glass.
Ronald Morgan, candidate for state representative from the sixty ninth district, will speak at the Hunter Clark V F W Post Loyalty Day observance at 6 p m tomorrow at 1219 Young St. Morgan, son of Mr and Mrs Allen Morgan, is a Middletown High School and Barnam College and Chase Law School graduate who served as assistant attorney general under William B Saxhe. The program is for Post members their wives and the Post auxiliary.
Three Middletown residents sue James Reed for injuries from a May 1 1968 traffic crash on Nelbar Street. Barbara Shyers then 17 driving a car owned by Mary Shyers suffers head neck and knee injuries seeking 10000. Sandra Combs passenger seeks 5000. Mrs Shyers seeks 1813 for her daughter's injuries and car damage.
Ruth L. Wright of 322 E Fourth St was named general chairman for a Homecoming at the First United Church of Christ. The day long event is May 17 and invites former pastors and members to return. Rev. Terry Lapham notes plans to make the gathering an annual occasion.
Trenton motorcyclist Larry Frame age 27 escaped with a cut foot after crashing into a car driven by Paul Timberman age 26 that turned left in front of him on N Miami Street. Frame wore a helmet and was treated at Middletown Hospital. Timberman was charged with failure to yield the right of way.
The Labor Department reports a preliminary one tenth of one percent fall in the Wholesale Price Index for April led by sharp declines in farm products and processed foods. Industrial commodities rose, while overall index stands at 116.6 with $100 in 1957 59. If confirmed, first drop since August 1968.
Several local groups schedule evening gatherings on Thursday including Ohio Bell Hecklers Club at Germantown Road Frischs at 6 30 pm Knights of Pythias Lafayette Lodge 37 at Castle Hall Alpha Council 326 Jr OUAM at 19 N Broad Toastmasters at Eastern Lanes Middletown Council for Human Dignity at United Missionary Baptist Church IOOF Lodge 956 Moose Lodge 501 Moose Hall Al Anon and Alcoholics Anonymous both at 8 30 pm and a Friday Optimist Club lunch at noon in Manchester.
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