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Newspaper
Terre Haute Tribune
Location
Terre Haute, Indiana, United States of America
Date
Jun 06, 1967
Page
15
AP News analysis notes persistent doubt in the American economy despite official optimism. Consumers save, auto sales lag, and producers mix credit hoarding with cautious expansion while Vietnam costs, deficits, taxes, inflation and debt shape the outlook.
Hogs priced at 23.00 to 23.25 for 200 to 220 pounds while sows sell for 18.50 and below. Grain lists wheat at 1.53, corn 1.34, shell corn 1.36, rye 1.16, soybeans 2.80, and oats at 2.13 per hundred. Indiana roasters price at 17.25. egg prices vary by size. dollars abroad exceed gold reserves, posing a serious conversion problem. Housing suffers from high-cost borrowing and limited funds. mortgage costs are capped by legal limits, while rates rose with market stress. Housing starts hit a 20-year low of 848,000 last year. rates fluctuated and fears of a rise persist.
Wall St. Charter reports Investors Research Company argues crises seldom interrupt the long term trend in stock prices. It cites the 1950 Korean War pause of three weeks before markets resumed rising and notes oil shares face pressure from the Middle East.
AP capsule notes brisk trading at midday with gains across majors. Dow Jones Industrials up 12.06, Rails 2.38, Utilities 0.74, overall stocks up 3.04 as listed companies such as AT and T, Ford, GM, GE, and RCA show varied movements.
Marine Lance Corporal Fred Kraly Jr son of Mr and Mrs Frederick Kraly 3415 31st St is on a 10 day leave at home His next assignment will be in Yuma Ariz He is a 1966 graduate of Wiley High School and has been in the Marine Corps for nearly one year
Michael Ray Allen, 18, of Vincennes, has enlisted and will report to the Marine Recruit Center in San Diego California. He is the son of Mr and Mrs Lester Allen of 609 South 18th Street.
Market data on hogs cattle sheep and poultry from Indianapolis and Chicago, detailing prices per weight class for hogs 190 to 600 pounds, steer and heifer values, cows and vealers, spring lambs, and live poultry prices. Futures show declines across wheat corn oats rye soybeans and butter steady wholesale prices.
Various ads for shops on Wabash and Lal streets offer goods from paper fashions to maternity wear and home items. Agricultural notices show eggs poultry and potatoes price ranges with USDA egg quotes across Ohio and Indiana markets.
New York AP reports the Dow Jones average up 10.7 at 858.54 at noon after a morning dip from Monday losses of 15.54. Major groups rise with gainers about six to one over decliners as trading moderates following war news.
Robert J. Pfister son of Mr and Mrs John Pfister 1314 S 6th St enlists in the U S Army for three years After basic training he will attend Army Finance School at Fort Benjamin Harrison to become a pay dispersing specialist A Schulte High School graduate and ISU attendee prior to enlistment
Small brown and white beagle named Butch missing south of Seelyville. Last seen with home area around Ceara. $5 reward for return. Call 877-2742.
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