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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jan 11, 1972
Page
5
CBWIL Hayden Stone reports market quotations at 11:00 A.M. Today the list shows prevailing bid and ask prices across major index funds and blue chip equities. Trading desks monitor volatility and liquidity as prices fluctuate through the session.
U S stock prices edge up at the open with advances outpacing declines. Speculation grows that banks may cut prime lending to 4 percent from 5 percent as trading remains active on the New York Stock Exchange and American Stock Exchange. Dow closes at 907.96, down 2.41, as volume totals show broad participation with 818 advancers to 659 decliners.
AP dispatch from Cincinnati and Columbus. Cattle and calves offered with prices for steers heifers cows and bulls. Feeder cattle and calves show varied prices with several weight classes. Poultry eggs and potato figures reported for Ohio farms and major cities.
Lunar scientists at SPACE CENTER Houston report three main lunar materials: basaltic rock forming the maria on the front side, plagioclase in most regions with low radioactivity, and kreep a potassium rich material with high uranium thorium and rare earth metals. Gamma ray data from Apollo 15 showed high concentrations in western Mare Imbrium and Oceanus Procellarum with activity comparable to Earth levels.
James Finley of Middletown Coca Cola Bottling Co was re elected to a three year term as director at the annual meeting held at 1033 Central Ave Officers reappointed for the coming year were Paul Steigerwald Jr executive vice president and Miss Margaret Gibbons as treasurer and assistant secretary Walter R Bender and Ben M Kitchen were renamed as legal counsel Harry K Moore will serve as president and Harold Sebald as vice president Other directors are James A Beatty Robert Hayden and Millard Schrote.
Industry Week reports managers in the steel sector expect demand to improve through the second quarter of 1972 and reach a high in the second half. Domestic mill shipments are forecast to hit a new annual high, with imports limited by quotas around 158 million tons.
Senator Hubert H. Humphrey plans a full slate of 153 delegate candidates in Ohio and will campaign on January 18. A statewide caucus date was announced from the campaign trail in Florida with Jesse George confirming the list. The swing begins in Cleveland with possible Columbus stops as scheduling issues arise for May primary filings.
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