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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Mar 10, 1968

Page

31

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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