Week in business Steel and auto sales boom
Production and sales of steel and cars rose sharply in the past week. Steel output reached a weekly record of 2,862,000 tons as hedge buying ahead of a possible strike boosted orders by up to 30 percent. Automobile production climbed to 179,900 cars, with February totals up significantly from the prior year.
MENTIONED IN THIS ARTICLE
Jack Lefler
New York (Ap
Wheeling Steel Corp
U.S. Steel
Bethlehem
Pittsburgh Steel
United States
Commerce Department
Federal Reserve Board
Wall Street Worries Grow Over Monetary and Military Fronts
Wall Street faced a second weekly loss as gold demand and fears over a weaker dollar unsettled markets. The Dow fell 45.20 to 835.24 while the AP index dropped 2.6 to 302.9 amid volatility in gold mining shares and bullion trading in London.
MENTIONED IN THIS ARTICLE
Ed Morse
New York
Wall Street
European
United States
Europe
Britain
Vietnam
U.S
Khe Sanh
Associated Press
New York Stock Exchange
London
Johnson
Dow
Washington
R.B. Johnson
Paine Webber Jackson & Curtis
Bond prices drift lower amid mixed reception and new issues
Bond prices edged down the past week led by government issues with long terms dropping nearly three points and intermediates about one. Tax exempt markets fell for the fifth week while housing authorities sold $143.84 million, and new corporate issues total $900 million for March with next week’s calendar over $260 million.
MENTIONED IN THIS ARTICLE
George Taylon
New York
London
Salomon Brothers & Hutzler
Wall Street
Illinois Building Authority
Prince George’s County
Maryland
American Electric Power Co
Roanoke
Rppalachian Power Co
International Nickel Co. of Canada, Ltd
Commodity prices at Chicago stockyards this week
Hog prices show mixed 1 to 3 grade ranges from 15.00 to 20.50 per hundredweight across weights 195 to 325 pounds. Sows range 15.00 to 18.00 for 350 to 550 pounds. Bulls 20.50 to 24.00. Cattle steer prices run 22.50 to 31.00 depending on grade and weight. Slaughter heifers 22.00 to 28.00. Sheep lambs 25.00 to 27.00 per hundredweight.
MENTIONED IN THIS ARTICLE
Chicago
Futures buying stays strong on Wheat gains at CBT
Wheat futures rose 2 to 3 cents a bushel on the Chicago Board of Trade as buying strength persisted for a week, marking the best showing in eight months. Corn, oats, rye and soybeans finished with uneven moves amid varied factors including moisture needs and dollar weakness. Soybean oil climbed modestly while soybean meal fell.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
United States
Standard Packaging Revival Hangs In Balance Says West S&L Outlook
Eastman Dillon Downgrades 1968 earnings for regulated California S&L groups citing deposit growth risks from British pound devaluation. Standard Packaging pushes revitalization amid trading activity with 10 200 shares by close. 1967 earnings 1 585 198 dollars and 60 cents per share including 9 cent extraordinary gain. company viewed as speculative but valued by Value Line for 1970 72 gains. Group II ranking.
MENTIONED IN THIS ARTICLE
Robert Metz
New York Times News
New York
Savings and Loan
Eastman Dillon, Union Securities & Co
California
Eastman Dillon
Federal Reserve
Fed
United States
Lowell E. Krieg
Standard Packaging
Value Line
Chamber plans center to aid students with summer construction jobs
The Benton Chamber of Commerce will establish a job information center to assist college students seeking summer construction work on projects including Rend Lake dam and water system, Rend Lake College campus, Benton sewer improvements, and a West Frankfort public housing high rise.
MENTIONED IN THIS ARTICLE
Benton Chamber of Commerce
Chamber
Clifford Givenrod
Rend Lake Main
Rend Lake College
Benton Water and
West Frankfort
Givenrod
Rend Lake
West City
Ewing
Whittington
City Airport Authority
Copper talks bogged down in White House efforts
Washington AP reports negotiations to end the 239 day copper strike stall amid procedural disputes and wage row. President Johnson may press new push as the strike threatens trade and war supplies. Southern Illinois University invites bids by 2 p.m. March 19 for heat tunnel piping and electrical work at Carbondale campus.
MENTIONED IN THIS ARTICLE
White House
Johnson
W. Willard Wirtz
George Christian
Southern Illinois University
Wham Education
General Carbondale
Quotations of over the counter securities from Southern Illinoisan
The Southern Illinoisan compiles unofficial over the counter securities quotes. Ranges show bid and asked prices for firms such as AV Electronics Arkansas Valley Cent Computing North American Offshore Possis Publisher Co Inc Radiation Dyn Scholz Scientific Control Siscoe Spacerays Tastee Freeze Town and Country and others with varied decimals.
MENTIONED IN THIS ARTICLE
Southern Illinoisan
AV Electronics
Arkansas Valley
Epscoah
Hamilton Nat'l. Life
Heath
Medalist
Offshore
Possis
A Publisher Co., Inc
Safeguard
Scholz
Scientific Control
Siscoe
Spacerays
Market Report of Stocks and Bonds Traded
The page lists trading activity with sections for New York stocks at 1637, New York bonds at 677, American stocks at 1046, and American bonds at 126. No further context or company names are provided.
MENTIONED IN THIS ARTICLE
N.Y
Alpha Phi Omega collects soap toys for Dixon State Hospital
The James A. Lovell pledge class drives soap and toy donations for Dixon State Hospital children. Over 2400 bars of soap, about 200 toys, and more than $100 were raised. Special thanks go to Carbondale, Murphysboro, and Marion residents and merchants including Mayor Keene and several local businesses.
MENTIONED IN THIS ARTICLE
Alpha Phi Omega
National Service Fraternity
James A. Lovell
Dixon State Hospital
Carbondale
Murphysboro
Marion
Keene
Centralia Cartage
Carstensen Truck Lines
Keene van Lines
Holiday Inn
Moo & Cackle
Also Mentioned on This Page
Web
Thurs
DOW Jones
Jasond J Fmam
Chicago Livestock
Western Savings and Loan
Treasury
Maine
Eastern Fine Paper and Pulp Division
South Fork Saline
Illinis
S&s
SIU
Eaton & Brown
S. Illinois
Mardale
Illinois Savings and Loan Association
Bank OF
Evansville
Vergennes State Bank
First National Bank OF
F.D.I.C
B. W. Koeneman
I. M. Simon & Co
Charles J. Lerner
John L. Ufferman
West Main Street
Charles Dohanich
Curtis F. Downen
Carbondale, Illinois
City National Bank
THE