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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
May 02, 1967
Page
16
New York AP reports auto makers see spring sales revival after a difficult year. April sales rose versus 1965, offsetting first-quarter declines and profit drops at Chrysler Ford and GM. Analysts caution a sustained upturn depends on weeks of data and ongoing industry issues remain unresolved.
Soviet officials mourn Claudia Kosygin wife of Premier Alexei N Kosygin who died of cancer in the Kremlin Hospital after a months long illness. Tass message praised her devotion modesty and kindness and Kosygin accompanied May Day parade before rushing to her bedside.
New York AP says stocks advanced slightly with most gains fractional. Texas Gulf Sulphur up 1 1 2 points Transamerica up 4 down industry moniker values listed Sears Roebuck up 5 7, Olin Mathieson down 3 4 and National Lead down 6 1. A separate Pittsburgh AP report notes a fatal Turnpike crash near Oshmont as Samuel Rule, 69, of Cleveland, Ohio, died after his car struck a concrete bridge rail.
USDA broadcast reports cattle and hog market activity in Cincinnati with slaughter steers and heifers slow and about steady, cows and bulls steady to slow, veal prices steady, and hogs trading with barrows and gilts. Prices include steers 24.50 for 1100 lb, cows 17.00 to 18.50, primes 36.00 to 37.00 and hogs around 1300 head activity.
Ohio and Indiana farms report egg prices after candling and grading. Prices vary by size from jumbo to small with ranges for consumer and U.S. grades and stated carton prices for large and medium eggs. Potatoes listed at 3 004.0.
Roger E Spear explains odd-lot handling on the New York Stock Exchange. Odd lots are bought and sold by on floor dealers from inventory at a price equal to the next 100 share unit plus an odd lot differential. The 75000 share difference on a day comes from odd-lot dealers holding long and short positions. He also discusses Electric Storage Battery stock and advises not to overextend in one stock despite long term potential.
Readers are urged to use the Went Ad Section to compare offers and save time and effort. The column highlights a wide range of items from machinery to mink and suggests browsing for tremendous savings.
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