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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Aug 19, 1973

Page

39

Wheat futures top $5 a bushel on historic Chicago mark

Chicago Wheat futures touched historic highs above $5 a bushel as the week began with gains on Minneapolis and Chicago exchanges. Prices eased later as profit taking and a broad grain selloff spread, with wheat ending the week mixed and higher by a narrow margin.

Mary Ganz Associated Press Chicago Midwest Chicago Board of Trade Chicago Mercantile Exchange New York Minneapolis Grain Exchange

Market Down Amid Inflation Watch and Nixon News

Stocks fell this week as investors stayed on the sidelines amid rising inflation and rates. Major indices closed lower with mixed earnings and a weak rally fading, while Seasoned sectors like farming and select pharmaceuticals saw varied results.

Richard L. Stern New York U.S Nixon

Steel and Auto Makers Move to Raise Prices Across Sectors

Phase 4 allows price increases to cover rising costs with IRS notice required for large firms. U S Steel and Armco plan roughly 4.8 to 5 percent hikes on sheet steel, mainly to cover costs from safety and emission rules as auto makers seek 5 percent gains on 1974 models. AT&T Bell System raises rates in several states with state approvals in place. Commerce data shows record inventory rise of 2.6 billion but a first drop in year sales, while Mitsui agrees to buy half of Amax Aluminum for 125 million in cash as it partners on an iron ore project in Australia.

Stephen H. Miller AP Business News New York (Ap U.S. Steel Corp Internal Revenue Service Armco Steel Corp Nesses IRS American Telephone and Telegraph Co Bell System Telephone Florida Massachusetts Ohio Oregon Rhode Island Texas At&t Commerce Department American Metal Climax Inc Mitsui & Co Amax Aluminum Co United States Mitsui Amax Australia Natl Industr Nat NE Life Fund Equity Side NeuwirthCen NeuwirthFd New Perspective New World Fd Newton Fund Nick Strong Noreast Inv Oceanogrphic Omega Fund One William N Oneill Fund Oppenheimer Fd Oppenhm Fd AIM Sec Paramt Mutual Paul Revere Pegasus Fd Penn Square Penn Mutual N Phila Fund Pine Street Pine Tree Fd Pioneer Fundr Enterp New Horizon Providat Fund Providar Grth PrudentSys Inv Putnam Funds Revere Fund Rinfret Fund Safeco Equit Fd Sagittarius Fdn Thee Schuster Schuster Spect lWhelPit Pt Scudder WhelPiit Pf Whirlpol WhitCon Whitc Pfc White Motor Whittaker WickesCrp Invest Ve Ultra Eis WillRoss Williams Co Wms Co Amer Wms C Pf Opport WinnDx WinnDix B Sentinel Winnebago Wisei P Va Sentry Fund Wise Pf Comstock Fd Wise Enterprise Fletcher Witco Ch Harbor Fund Witco Wolvw Wometco Pace Fund WoodsCp Shearson Wolwth Wolw Wyly Corp Sigma Funds X—Y—Zcapital XeroxCp Xtra Zapata Corp SeGen Zapata Zurn Ind Sovereign Associated Press Spectra Fund Divi- S&p Divi- Steadman P— Stein Roeds Supervisor Inc Transam Tudor Hedgen Inc Usaacapgth Unif Mutual Unifund Union Sve Grp Broad St Inv Nat Invest Union Capitol Whitehall United Funds Accumuluio Vanguard NEW York U.S. Government Treasury Vance Sanders Viking Grth Wall St Growth esAug Technivest N Western Indust Westfield Grwth Wisconsin Fd Ziegler Fund

Bond market rallies on intermediate and long term gains

The Salomon Brothers report shows intermediate and long term government issues rallying last week with gains of 11 and 2 percentage points respectively, offsetting some prior declines. short term rates eased with three month bills down 9 basis points. OTC action noted mixed stock moves and a 4.1 million share volume. England's population density and historic food preservation methods appear in the margins.

Alan C. Poole Laidlaw-Coggeshall Inc New York Stock Exchange Standard & Poor Saxon Industries Teleprompter Bausch & Lamb Southern Co Deere Co International Harvester Pharmaceuticals Warner Lambert Upjohn Co New York Salomon Brothers Nixon Treasury Europe Bank Commonwealth Bank America Corp Omega Al‘pha Inc

Dow Jones Averages Weekly Closing Ranges Reported

The report lists weekly closing ranges for Dow Jones averages across sectors with figures for first, high, low, and last values. Utilities, transportation, stocks, bonds and rails totals show declines or minor gains, indicating overall mixed movements in the market.

Dow Jones 1St Rrs 2Nd Rrs Indust Inc Rails N.Y New York Midwest Saxon Inc Telepromp Southern Co Deere Co Texaco Inc N. Y Am Tel&Tel Warn Lamb IntTelTel Gen Motors T&t Gulf Oil Travigent Standard FedNat Wy Poor’s Weekly Norton Sim Sindustrials US Indust Goodyear Am Airlin

City Hall Accepts Weed Complaints By Phone Or Mail

Residents may report weeds and other overgrowth to City Hall by calling 549-5302 or sending a mailed complaint.

City of Carbondale City Hall

Also Mentioned on This Page

FMAM Cee Jason American Stocks Exchange Steel Anheuser Busch Maritime Fruit Car England Southern Illinoisan Anhauser-Busch Ball Corp Boatman’s Bank Builders Forum L Enterprises Mark Twain Bank New American Fund Pioneer Scottish Inns Texas Gas Westmoreland Coal Wetterau Foods N.Y. Stock U.S. Securities Treasury Bonds Syntex Corp Bowmar McCall Superscope Champ Home Houst J. M. Simon & Co Life Insurance CO North America Hartford Life & Accident CO Charles J. Lerner Gary N. Parrish Curtis F. Downen John Uffelman Charles Dohanich Louis J. Numi West Main Street Ill Recorder Jackson County Illinois Southern Illingis AN
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