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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Aug 27, 1966
Page
10
National and area markets show mixed activity with lower stock prices and weak wheat in Chicago. Baltimore grain notes list receipts shipments and stocks for wheat corn oats rye barley soybeans flour and millfeed with varying levels across categories.
USDA reports wholesale egg demand barely adequate to short for large eggs and adequate for mediums. Friday spot quotes in New York show whites and browns at varied levels with changes reflecting balance with jar butter demand and unchanged prices.
Baltimore weekly livestock numbers show cattle estimated at 1,100 this week vs 1,196 prior and 1,487 a year ago. Slaughter steers and heifers steady to 50 higher, hogs receipts 1,925 down from 2,725 last week and 2,202 year ago. Prices cited for various weight ranges and grades across steers heifers hogs and sows with mixed quality notes.
CHICAGO AP In the fourth successive decline this week the butcher hog market Friday was steady to 25 cents a hundredweight lower than Thursday's average. A few mixed No 1 and 2 grades brought a tip of 26, off 50 cents from Thursday's best. Other mixed 1s and 2s sold down to 25.75 and mixed 1-3 at 95-25.75. Sows were 18.75-22.50. Choice grade slaughter steers brought 25.75-26.50 with the
Market notes show steady to 25 cents higher on beef bids and prime mood at a range of 26.50 to 27.25, with strictly prime up to 27.50. Spring slaughter lambs fell about 50 cents, while choice to mixed choice and prime traded from 24.25 to 26.00.
In a mid sea market rally collapse, wheat and rye fell about 2 cents while corn dropped over 2 cents. Soybeans held steady with slight gains. Wheat September at 1.8558 to 1.8574, corn September 1.4545, oats 0.74, rye 1.2734, soybeans 3.484-14.
New York AP reports a sharp stock decline as glamor shares led a ninth drop in ten sessions. Volume rose to 8.16 million, the Dow fell 11.81 to 780.56, its lowest since January 21, 1964, with traders predicting little relief until 750. Texas Instruments slid 15 points, marking heavy losses for speculative traders.
Investors faced a worsening backdrop with funds selling, potential tax news from Johnson, and fears of pound devaluation and recession. The market opened lower with 1,428 issues trading as 1,186 declined and 100 advanced, the S&P 500 dropping 1.65 to 7.41, and the Associated Press average down 4.3 to 280.1.
Gov. Tawes released Atlantic Maryland Manual aligned lists naming 14 Carroll County residents who transacted land with the State Roads Commission. The record shows contract numbers and amounts for several individuals from Carroll, with other counties also listed. residents’ addresses are not provided.
The Tjamsville Pony Club will sponsor a show at the club grounds on Sunday September 4. An earlier announcement misstated the date as September 6.
ANNAPOLIS AP State Comptroller Louis L. Goldstein said the next Maryland governor can absorb up to 60 million dollars in state general fund spending next year without raising taxes. He cited a 10.9 million year end surplus, a 13.7 million inheritance tax windfall, and stronger revenue outlook as the basis for the cushion. He warned it may not cover major new programs and suggested increased aid to subdivisions may be needed.
The World Journal Tribune Inc. and the Pressmen's Union reached a tentative contract Friday, ending a four month stalemate that blocked a new afternoon daily and Sunday paper in Manhattan. President Matt Meyer said they would know better next week about a definite publication date. Minor contract tweaks remain with nine other unions.
Hurricane Faith moved northward brushing past the Leeward Islands and avoiding Puerto Rico while scientists in Miami decide Saturday if a Project Stormfury seeding fleet can attack the storm. Anguilla reported 50 mph winds with 45 mph gusts on St. Martin. San Juan logged gusts to 38 mph.
The Baltimore Harbor Tunnel will close one tube from midnight Saturday night to noon Sunday for resurfacing. The remaining tube will carry two-way traffic. Officials note Sunday morning is the lightest period with about 500 vehicles per hour, far below peak flow of 5,800 per hour.
The Brunswick Volunteer Ambulance Company votes to buy a new ambulance at 15300 dollars to replace a 1956 model. A community drive for a down payment launches soon with later pledges from civic groups to be repaid in three to five years. Current trips average one emergency run daily, with second calls often occurring while the unit is away. The drive aims to fund two vehicles to improve coverage.
Dorsey, a Woodsboro Maryland native, has been County Commissioner since 1962 after 12 years as Woodsboro mayor. He ran a grocery, a restaurant, and now operates a wholesale meat business. Active in Frederick County Firemen’s Association and Woodsboro Volunteer Fire Company, he led Lions Club and Tri County Baseball League and serves on multiple boards and commissions.
A 25-year-old Germantown man Don Eugene Gray was found dead hanging from an overhead cell bar in a Frederick State Police barracks cell. He had been jailed on forgery and motor vehicle charges after being picked up in Frederick. The body was found by a trustee during a routine check. He was pronounced dead by the county medical examiner. He leaves parents, a sister, and two brothers.
Baltimore County executive Spiro Agnew announced that starting in September officers and firefighters will receive overtime pay for overtime work, replacing compensatory time off. The move covers about 1,000 employees and aims to improve protection while keeping more police on duty. He said time off often created hardships in the bureaus.
Three people linked to a family dispute were found guilty of disturbing the peace and fined 25 dollars each in Magistrate Byron Thompson's court. State Police testimony placed the Rays of Butter Fly Lane and Rhodericks of New Market at the scene and using profane language for over 30 minutes. Rhoderick testified he played no part. The Rays and Mrs Rhoderick claimed a son not charged caused the noise. Frederick attorney Ralph L. Gastley represented the accused.
Actress Kim Novak suffered minor injuries when her car went out of control and plunged down a 120 foot embankment on Highway 101 a mile north of Santa Maria. She was treated at Sisters Hospital for bruises cuts on her hand and a possible back injury. She was alone in the car.
The Lanettes Majorettes of Union Bridge present a recital at the Union Bridge Community Center Monday at 7 p.m. A Valley Oil Co. of Frederick award will be presented to the unit. Formed this spring, the group has competed in several area parades.
A new ladies apparel store May's Apparel opens Friday in the Frederick Shopping Center. An outlet of Bio Shops Inc of New York, the store will be managed by Mrs Catherine Hahn of Frederick and offer medium priced merchandise in current styles. Other May's locations are in Martinsburg West Virginia Winchester Fredericksburg Manassas and Woodbridge Virginia.
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