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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Sep 09, 1968
Page
22
Markets show steady to higher activity with cattle largely unchanged and large shares still unsold at 10 39. Slaughter steers mostly 26 50 to 27 25 while cows and bulls range 14 00 to 23 50. Hogs and sheep also steady with vealers 32 00 to 37 00 and spring lambs 25 59 to 27 00.
The report lists multiple corporate names and percentages including Crystal Tissue Co and Sorg Paper with 20 and 88? Percent figures show mixed trading levels. Banks and insurers such as First National Bank and Midwest Indemnity appear alongside stock exchange members Greene and Ladd. Details are fragmented.
Cincinnati AP USDA cattle numbers show 1 450 head of cattle and 150 calves with slaughter steers and heifers described as fairly.
The text discusses starting a $1,000 fund for a son with stock picks Texaco American Hospital Supply Georgia-Pacific and notes on Falstaff Brewing. It covers investment rationale, expected earnings, dividends, and future prospects amid Medicare growth and industry challenges.
The New York stock market opened higher with gains outpacing losses two to one. Notable movers included J P Stevens up 59 percent to 59, U S Pipe and Foundry up 1 percent to 29, Boeing up 1 percent to 57, American Cyanamid up to 29, United Air Lines flat at 37, U S Steel down to 41, and the Associated Press average rising 3.0 to 341.1.
Conn Wilbur Perkins and Michael T Conn receive promotions in Armco Steel Corp Middletown Works payroll department. Perkins becomes incentive adviser after earlier roles including payroll and benefit clerk. Conn advances from laborer to accounting clerk with prior stints in employment reserve metallurgical tasks and payroll duties.
Athens Ohio AP reports Ohio University President Vernon R Alden asked presidential candidates Richard Nixon and Hubert Humphrey to speak at the campus this fall.
Steel Magazine reports a buyers market for new orders as demand plunged after strike hedging ended. Incoming orders fell 50 to 60 percent from spring peaks while buyers gain leverage with abundant inventories and steady U S mill or foreign supplies. Output and employment drop with extended layoffs and scrap prices inch higher on automotive bids.
Eight year old Marla Carr daughter of Mr and Mrs Martin Carr 7594 Finch Court Carlisle captured first place in the championship class for solo baton twirling contestants through ten years old at NBTA competition held Saturday in Botkins Ohio.
Twelve Western nations led by the United States and West Germany promised Britain a $2 billion credit over 10 years to bolster the pound. The move aims to restore confidence and deter large-scale conversion of pounds, though France refused to participate. The announcement boosted the pound on the Zurich market, with quotes near 2.385.
Kenyon College announced on Saturday plans to construct a new 4 million dollar dormitory and dining facilities on the campus in the fall. The buildings will serve women students of the planned coordinate college.
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