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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
City of
Carbondale
City Hall
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FMAM
Cee
Jason
American Stocks Exchange
Steel
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England
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Anhauser-Busch
Ball Corp
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Forum
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Mark Twain Bank
New American Fund
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Scottish Inns
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Wetterau Foods
N.Y. Stock
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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
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