Wall Street Opens Higher As Dow Edges Up
Prices on Wall Street opened modestly higher after Thursday’s declines. The Dow Jones industrial average rose a fraction amid mixed advancers and decliners in early trading in New York.
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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jul 20, 1973
Page
17
Prices on Wall Street opened modestly higher after Thursday’s declines. The Dow Jones industrial average rose a fraction amid mixed advancers and decliners in early trading in New York.
Livestock figures show cattle and calves 175 head untested while hogs total 300 with barrows and gilts 50 cents lower amid narrow demand. U S 1 3 200 230 lb hogs at 49 00 and 2 3 230 250 lb at 48 50 48 75 with sows and boars untested. Compared to last Friday barrows and gilts up 4 50, sows steady. Receipts this week 1900, last week 2300, last year 2100. Sheep 25 untested.
AP reports prices paid to country packing plants for eggs and poultry in Ohio. Carton sizes Large A and Medium A range 68 to 60 with Small A 44 to 46. Retail carton prices in Cincinnati Cleveland and Columbus span 75 to 80 for Large A, 62 to 70 for Medium, and 65 to 75 for others. Hens on farms quoted 14 to 16. Broilers and fryers truck lots in Cincinnati 48.50 to 49.50, Cleveland 49.00 to 50.00, Columbus 48.34 to 50.00. Potatoes 12 to 13.50.
Sorg Paper Co posts quarterly net income of 394000 or 60 cents a share on 9942000 in sales, reversing a 33000 loss a year earlier. CEO D M Yost cites rising costs and government restrictions, notes price freeze and flexibility in cost reductions amid uncertain earnings.
The board of First Banc Group of Ohio Inc declares a 25 cent per share cash dividend payable Sept 28 to shareholders of record Sept 14 1973. First Banc Group operates 13 affiliate banks with 76 offices across 14 Ohio counties including Barnitz Bank of Middletown.
Highway patrolman Larry Gilbert, former worker at local Post 9 from 1961 to 1967, has been transferred from Chillicothe and began duties here last Monday.
Bob Taylor described the mood after an hour and a half meeting with the city bargaining committee. The five inspectors seek higher pay classification to align salaries with other employees, with a tentative next meeting set for August 2.
Vick Tenney 18 of Fountain Michigan remains in critical condition at Mercy Hospital Hamilton after a high speed chase crash that left their car overturning on Morris Road near Millikin Road. Antoine Duggins 17 was the driver and released from hospital after being listed as fair. Police pursued the vehicle after it fled the scene.
Two teens reported being beaten and robbed in a pool restroom at Douglas Park while their car was rifled. Robert Moore 17, of 7653 Bethany Road, and Tim Lawson, of 2044 S Breiel Blvd, said two men forced them inside and demanded valuables at about 6 15 p m yesterday. Moore lost shoes and a wallet with $10. Lawson lost a wallet with $3.
Cleveland based Coast Guard headquarters says the plan to reopen four Great Lakes stations is premature. The sites at Manistee and South Haven Michigan Sodus New York and North Superior Minnesota would not fully reopen until higher headquarters approve. Under the plan Manistee would stay open year round while the others would be staffed by Coast Guard Auxiliary volunteers only during May to October boating season.
Cleveland Ku Klux Klan spokesmen announce a rally in Dayton on August 5 to bolster Dale Reusch’s gubernatorial bid. Imperial Wizard James Venabele of Atlanta will headline, with seven grand dragons from other states slated to attend.
Three Outlaw Motorcycle Club members pleaded innocent in Hamilton County Criminal Court on concealed weapons charges. Glen McPhee and Allen Merle Wolfe received $5,000 bonds, William Edward Hoecker $600, all granted indefinite continuances as the trio, from Bay City Michigan Cincinnati and Youngstown, await trial.
A 5-year-old girl, Sharon Fox of Grand Rapids Michigan, drowned in a motel pool in Hamilton County. The body was found in 10 feet of water after a boy reported seeing it. lifeguards and responders failed to revive her.
Lemon Township police report a $500 air conditioner was stolen last night from the rear of a home at 3017 Yankee Road in High Smallwood. No suspect details were provided.
Fire events include a car fire on Burbank Avenue and Highland Street caused by a backfire through the carburetor with 150 dollars in damage involving Mrs. Helen Fraser of Lebanon. At 7 56 p m Lounell Walls 42 ill assisted by emergency squad at 1607 Manchester Ave. A fire alarm due to yard lights smoke at United Missionary Baptist Church 18th Avenue and Minnesota Street. At 10 44 p m Charles Schoppert 24 ill transported to Middletown Hospital by ambulance treated and released.
Port Clinton Ohio AP report says 62 year old Cleveland resident Alex Terrell drowned Thursday night after slipping into the Portage River while with an unidentified companion. Neither man could swim and Terrell’s body was recovered early today.
Homer Lee Stephenson, 57, of LeSourdsville, DOA Middletown Hospital Wednesday at 6 38 p m July 18. Visitation at McCoy Leffler Funeral Home Friday 3 5 and 7 109 with services Saturday 10 am officiated by Rev Frank Sowards. Interment Woodside Cemetery. Arrangements by McCoy Leffler. Dial 423 9443. The family thanks friends for support and notes Rev Herschel Caudill Dr Joseph Peil and others for their care and visits.
A memorial collage recalls notes and poems for Carlos Cohoon a beloved husband who died in a 1969 car crash. Also tributes to WM OD STAMPER and a beloved brother with lines about faith family and reunion in heaven. The text lists grieving relatives including Frances, Fatty, and others.
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