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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
May 08, 1971
Page
6
A panel of economists foresees modest growth and unemployment dipping slowly into 1972. They expect inflation to ease but caution policy restraint remains essential. The market shows a mixed day with techs and industrials slipping while overall volume declines amid currency concerns and investor caution.
AP reports Colton close 10 rents to 3015 a bale amid brisk trade and short covering across the Western Belt. Prices fluctuated with rain forecasts in Texas and Oklahoma driving selling by some traders. Other items note wheat and corn values in Fort Worth and Chicago soybeans slipping, plus a DWI fine in Odessa and a judgment suit filed in Midland county court.
Amex stocks show a slight dip to 2 62 and overall turnover of 44 million shares as 1 151 issues trade. Imperial Oil leads among 20 most active, with National General and Cinerama following. The exchange notes a 2 for 1 stock split proposal approved at Lew’s annual meeting and a debt payment pause through July 1.
A fragmented quiz page lists questions on word groupings coinage printing symbols and cultural matches. It includes names like Percale Fools cap Gingh am and famous figures such as Joe Frazier Arnold Palmer Cassius Clay Jack Dempsey Rosa Bonheur Joan of Arc and Harriet Beecher Stowe with a confusing pairing exercise.
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