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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Sep 01, 1970
Page
15
Market report notes lamb slaughter figures with weakness in good to low choice stock while ewes hold steady. Spring slaughter lambs 90 to 110 pounds bring 27.00 to 129.00 dollars, with good lambs in the 23.50 to 27.00 range, and ewes selling from 6.00 to 10.00 dollars.
Auction market fragment shows hogs at 23.00 to 23.25 per unit and calves utility range around 12.50 to 18.75. The readable text includes category markers S25 415 and references to grade indicators but lacks complete lot details.
Cincinnati Livestock report from AP details US Department figures for cattle, calves, hogs and sows. Cattle demand mixed with steers strong, heifers steady, cows and bulls slow. calves and hogs show varied prices by weight and grade. Notable entries include high choice steers at 29.50 to 30.50 for 900 to 1,100 pounds and vealers at 39.00 to 42.00.
A reader asks if Bethlehem Steel should cut losses at 42 or wait for a recovery. Expert notes tough outlook from foreign competition, rising labor costs, and possible wage disputes, with uncertain industry growth and a weak second quarter.
Prices paid to country packing plants for eggs delivered to major Ohio cities vary by grade and size. Large carton A wholesales around 49 to 52 percent, Medium A 35 to 39 percent, Small A 21 to 24 percent. Retail cartons in major Ohio cities show Large A white largely 55 to 56 percent, Medium 42 to 44 percent. Farm poultry prices in Ohio and southern Indiana show fryers scarce, hens heavy scarce, with general price around 55 and 5 being noted. Potatoes range from 3.50 to 5.50 per unit.
Chicago grain futures move on Monday with price ranges and close figures noted. Reports show bid and ask levels, with traders watching supply and demand signals amid market volatility.
The Interstate Commerce Commission approved a 10 per cent fare increase for twenty one railroads effective today after rejecting appeals from New York and Ohio officials. The hike, the eighth since December 1967, includes Penn Central and lines such as Baltimore and Ohio Norfolk and Western Chesapeake and Ohio and Union Pacific.
New York AP reports a mixed opening with about even advances and declines on the New York Stock Exchange. Key prices moved in fractional amounts including Xerox up to 78, General Cable down to 19, General Electric at 78, Southern Co off to 23, Boeing up to 164 and Occidental Petroleum at 16. The session remained trendless but profit-taking pressed near the close.
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