Keystone State cattle market shows mixed signals and holdback fears
Cattle at East's largest stockyard in Lancaster show a rebound to about 1000 head after a two week drop, but experts warn mixed trends and possible holdbacks at feedlots west and midwest until the September 12 freeze lift. Prices rise, small slaughterers buy at high rates, and consumer effects remain uncertain.
MENTIONED IN THIS ARTICLE
Associated Press
William G. McCoy
Lancaster Union Stockyard
McCoy
Pennsylvania
Midwest
Cross Brothers
Philadelphia
Moyor
Lansdale
Noah Wenger
Lancaster County
Coleman Officials Counter Pessimism Clouding Future
Coleman Company officials in Somerset sought to dampen fears of layoffs after U.S. Rep. John Saylor warned of possible cuts at the Somerset plant. The firm noted strong dealer meetings, added assembly lines, and price discussions with the Cost of Living Council, while highlighting rising production and a major flea market event in Somerset.
MENTIONED IN THIS ARTICLE
Howard Hall
American County
Coleman Company
U.S
John P. Saylor
Somerset
Saylor
Somerset Development Council
Seven Springs
Robert R. Cooper
Ernest Fritz
Tri-State
Harrisburg
the Country Express
Greater Somerset
Cooper
Minuteman
Cost of Living Council
Coleman
Wichita
Kansas
Sheldon Coleman
United States
Industry's Reaction: Beef Price Ceilings Seen Holding Costs
Washington AP report notes beef price ceilings restrain prices with spot shortages and 80 to 85 percent of normal supply. Kenneth Fedor says supply could tighten before Sept 12 lift. pork prices rising sharply while ceilings unlikely to return.
MENTIONED IN THIS ARTICLE
Washington
Kenneth Fedor
Office of Food Price Monitoring
Cost of Living Council
Fedor
Nixon
George P. Shultz
PEP Program Faces Possible 1975 Funding Extension
The U S Senate approved 1 25 billion for fiscal 1974 Emergency Employment Act Amendments 1973 raising hope that PEP funding could continue through 1975. Somerset County would save 77 PEP jobs and over 100 Neighborhood Youth Corps posts if House approves.
MENTIONED IN THIS ARTICLE
Dick Cartwright
U. S. Senate
Somerset County
U. S. House
Charles Carver
Tableland Community Association
Carver
Senate
Somerset
Somerset County College
Weekend Warmer With Showers Possible In Western PA
The forecast calls for mostly cloudy, warm and humid conditions in western Pennsylvania Friday through Saturday. Highs reach the 80s Friday with Friday night lows in the 60s and highs in the upper 70s to mid 80s Saturday. Winds from the southwest at 10 to 20 mph. Rain chances run about 60 percent Friday and 70 percent Friday night.
MENTIONED IN THIS ARTICLE
Pennsylvania
Bun shortage hits Illinois bakery in Jacksonville
Ideal Baking Co. in Jacksonville will shut down after facing rising costs for flour eggs and shortening. General manager Charles Rebstock says Phase 1 to 4 pricing pressures make operations unprofitable as bread and bun prices climb nationwide.
MENTIONED IN THIS ARTICLE
Illinois
Charles Rebstock
Ideal Baking Co
Jacksonville
San Francisco
Agnew Refuses to Turn Over Records in Maryland Probe
Vice President Spiro T. Agnew defied a federal request to surrender financial and tax records, citing executive privilege as prosecutors in Maryland pursue a political corruption inquiry. A grand jury in Baltimore reassembled, with Beall directing the probe. Agnew claims no wrongdoing and vows to cooperate as appropriate.
MENTIONED IN THIS ARTICLE
Agnew
U.S. Atty
George Beall
Maryland
Jay H. Topkis
Aaron Burr
Beall
White House
Gerald L. Warren
Warren
Nixon
Balloonist Odyssey Ends With A Splash
American balloonist Bob Sparks was rescued by a Canadian coast guard cutter 45 miles northeast of Newfoundland after storms forced him to ditch the Yankee Zephyr at 6 15 a.m. EDT. He was reported in good condition aboard the Sir Humphrey Gilbert.
MENTIONED IN THIS ARTICLE
Halifax
Nova Scotia
Bob Sparks
Atlantic
Europe
Sparks
Canadian Coast Guard
Sir Humphrey Gilbert
Newfoundland
Also Mentioned on This Page
Keystone State
Lehigh County
Mary Baker
Washington County Farmers Association
John F. Hardrode
Bedford County Beef Producers Association
Hardrode
Ann Landers Bridge
Eeeeee Ey Financial News
Issee Heloise
Eeeeeereseeseresas Horoscope
Joyce Brothers
Eeee Sports News
Spiro
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