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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 04, 1968
Page
8
Congressman Donald E. Lukens sponsors a resolution urging President Johnson to secure United Nations involvement in the Nigeria Biafra region. The measure seeks immediate relief funding and installation of UN peace observers to aid affected civilians.
The New York Stock Exchange shows a broad mix with Allied Stores, American Airlines, General Electric, General Motors and Exxon among notable gainers. Major declines appear in some rail and industrial names while tech and consumer firms such as IBM-like peers and Procter & Gamble hold steady or climb modestly.
AP dispatch from Cincinnati under USDA data shows cattle 150 and calves 25 with limited slaughter class tests. Steers 1 000 1 050 lb mostly 27.00 27.50, some high dressing at 28.00. Hogs 1 200, barrows and gilts 25 to 50 lower, No 2-3 200-240 lb 19.50 20.10, sows 16.25 17.00, boars 15.00 16.00. Sheep untested.
Ohio price report shows eggs paid to packing plants in major cities with U S grades for minimum 50 case lots. Carton Large A 45-52 cents, Medium A 42-49 cents, Small A 33-39 cents. Retail deliveries: Large A white 51-56 cents, 52-54 typical. Medium 48-55 cents, 49-51 cents common. Farm fryers 13-15 cents, mostly 14.3-14.6. hens 6-7 cents, mostly 6.4-7.4. Potatoes 3-5.25 per cwt.
Gov. James A. Rhodes announced statewide contests to engage the public. Three taxicab drivers will be named hospital ity drivers on Nov. 7, with winners chosen from public entries, sponsored by the Ohio Taxicab Association and the Ohio Development Department. A second contest asks Ohioans to pick the Eight Wonders of Ohio, closing Oct. 31, with the Top Tourist of 1968 named from the entries.
In Fremont Ohio two Cleveland men Clarence Williams and David Willis were stopped for speeding on the Ohio Turnpike. Police found fur coats valued at $30 000 in their car and two loaded .38 caliber pistols. They were released on bond after being charged with carrying a concealed weapon and investigations into fur the theft continued. Williams posted 500 dollars and Willis 1000 dollars. The suspects claimed they won the coats in a Chicago dice game.
Stock prices rose at the opening Friday in moderate trading led by General Cable Atlantic Richfield U S Tobacco Eastern Air Lines Boeing Reynolds Metals Chrysler Sperry Rand and Standard Oil of California Penn Central. The Associated Press 60 stock average climbed 2.2 to 355.0 with gains on the American Stock Exchange and fractional changes for Allen Electric Gale Industries Plum & Atwood Soliron Struther Wells and Syntex. Arkansas Louisiana Gas Data Processing Reliance Insurance and Genisco posted small losses.
A veteran educator outlines practical, finance oriented projects for teens. Suggested experiences include visits to banks and finance firms for live interviews, area industry studies with local and distant companies, and plant tours to connect credit, budgeting and consumer education with driver education funded purchasing and parts manufacturing insights.
Figures show Libya produced about 2.2 million barrels of oil per day by February, up from 1.74 million in 1966. The earlier estimate was stated amid a discussion of production and possible questions about year 1967 output.
Warren Ohio reports GM will assemble a new compact car at Lordstown in 1970. The plant will build Chevrolets and some Pontiacs with a new engine technology delivering economy and durability. GM chairman James Roche says the car will be American built and competitively priced, shorter and lighter than existing models.
Diamond International shows improved operating earnings in the third quarter of 1968 with net income of 8.213 million for the 12 weeks ended September 8, up from 8.138 million a year earlier. Sixteen-week and 36-week figures demonstrate record sales of 316.779 million and profits after taxes of 23.445 million, with earnings per common share of 2.25 versus 2.29 last year. The Groveton Papers Co. merger completed July 17, 1968 is included in both years.
Diamond International Corporations board declares a quarterly dividend of 45 cents a share on common stock payable November 1, 1968 to record holders by October 11, 1968. The firm has paid uninterrupted dividends since 1882, an 87 year record ranking 11th among NYSE manufacturing peers. It is a major maker of packaging, printing, pulp products, metal and corrugated containers, tissue, plastics, machinery and related goods.
Madrid's Prado Museum, renowned for 12th to 18th century Spanish art, must showcase about 3,000 paintings 4,000 drawings and 400 sculptures across 94 rooms on three levels.
A Wooster man James R Feick 24 was injured and in good condition at Middletown Hospital after a car pierced by a guardrail on Interstate 75 near the Montgomery County line in Warren County. Another passenger Michael S Antoniotti 21 Barberton sustained minor injuries and the driver remains at large. Feick suffered a possible fractured pelvis as the rail penetrated the vehicle near the right headlight and extended to the back seat.
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