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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Mar 06, 1978
Page
12
In New York AP reports annual meetings attract consumer activists pressing tough inquiries. Executives brace for grilling on compensation, perks, and governance. Firms like Coopers & Lybrand provide sample questions, including total officer pay, ceilings on pay, and nonmonetary benefits.
Marcia Jane Morgan daughter of Mr and Mrs George Morgan of 4612 Riverview Ave received a bachelor's degree in journalism from the University of Missouri in Columbia confirming her completion of study and degree conferral.
FRIDAY stock listings show Armco Ashi Cont Dow Ford etc with mixed futures and closing bids. Prices at 11 a.m. supplied by Shearson Hayden Stone Inc naming Armco Steel Boeing Coca Cola Exxon Xerox and other majors with bids around 26 to 39 percent in places and several banks and brokers cited for bids and totals.
AP dispatch from Cincinnati notes cattle prices with slaughter steers up 50 cents to $1, heifers up 75 cents to $1, cows $1 higher. Demand is good. Steers and heifers show mixed ranges from 38 to 47.50 with lots and quality tiers listed, cows at utility 28 to 31 and cutter 25 to 29.50.
Columbus report lists prices paid to country packing plants for eggs delivered to major Ohio cities. Carton sizes Large A 59 to 62 cents, Medium A 54 to 58, Small A 38 to 40. Retail sales to retailers show Large A white 67 to 76 cents, mostly 67 to 69, Medium 62 to 72, mostly 63 to 65. Poultry farm prices show hens light at 6 to 6.5 cents, mostly 6.5 cents.
The Sorg Paper Co posted a net income of 236000 for 1977 on sales of 54.3 million, reversing a 575000 loss in 1976. Chairman D M Yost attributed the gain to market demand but noted capacity outpaced demand, limiting price relief and profit forecasts. Fourth quarter sales reached 14.1 million with 30000 profit or 2 cents per share, versus a 476000 loss a year earlier.
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