Wall Street Mixed After Gains in Recent Sessions
On Wall Street in New York the market opened with the Dow down one point while the New York Stock Exchange showed advances leading declines by about 2 to 1.
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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
May 29, 1973
Page
24
On Wall Street in New York the market opened with the Dow down one point while the New York Stock Exchange showed advances leading declines by about 2 to 1.
Lt. Mark Phillips, close friend of Princess Anne, spent the holiday weekend with the royal family at Balmoral. Buckingham Palace dismissed any implication of an engagement while Phillips was on leave from his regiment in West Germany.
Vital statistics list multiple births at Franklin hospital. Names include Mr. and Mrs. Wilburn Allen with a girl and Mr. and Mrs. Michael Hayes with a girl. Numerous residents are noted for hospital dismissals across Franklin, Monroe, and surrounding towns with addresses and patient numbers.
Inland Container Corp plants in Ashtabula and Middletown Ohio Erie Pennsylvania Indianapolis Indiana Evansville Indiana and Louisville Kentucky resume production after United Paper Workers International Union members ratify a three week strike ending pact includes wage and fringe benefit improvements according to Local 4658 president George Branscombe.
Columbus Ohio report lists eggs paid to packing plants by U S grades with 50 case lots. Carton sizes Large A 53 56 12, Medium A 50 52 12, Small A 44 46. Retail prices in major cities show Large A white 60 65, Medium 56 60. Ready to cook broilers and fryers truck lots quote Cincinnati 38 12 40, Cleveland 38 75 39, Columbus 39 40. Potato prices 9 75 12 50.
Secretary of Interior Rogers C.B. Morton is switching to a smaller Plymouth Fury to set a gasoline conserving example. He will still keep his Cadillac for transporting foreign and other dignitaries on state and formal functions.
The Senate Agriculture Committee report on the farm bill notes farmers as the largest U.S. industry with assets worth 339 billion dollars. It cites employment linked to farming and supply chains, records income rising to 19.2 billion in 1972 but net income peaking earlier and then declining, and farm debt swelling to over 70 billion dollars, highlighting mounting debt.
The Ohio Division of Highway reported completing 15 000 miles of centerlines 19 000 miles of edge lines and 6 000 miles of lane lines on the State Highway System during 1972 enhancing roadway markings statewide.
In Lima Ohio Sohio says repairs at the Standard Oil refinery should finish by noon Wednesday with production back two or three days later. Start up will take days as the plant regains output of 3.5 gallons of gasoline daily while rationing continues until July 1. Stations limit customers to 10 gallons as operations resume.
Landmark, Inc. is authorized an additional 2.5 million gallons of diesel to meet rising Ohio farm demands this spring. The May allotment increase, supplied by Ashland Oil Co., was approved by the Office of Oil and Gas in the U S Interior Department.
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