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Newspaper
Terre Haute Tribune
Location
Terre Haute, Indiana, United States of America
Date
Jun 18, 1967
Page
23
Oil shipments resumed to world ports led by Saudi Arabia with full production returning. Embargoes block U.S. and Britain though not expected to hit U.S. supply, while Europe faces rising shipping costs and Suez Canal reopening remains uncertain.
British machinists migrate to Baltimore as Koppers Co. recruits over 30 workers from London Liverpool and Manchester. The move signals a larger blue collar exodus as the Labor Department expands skilled worker entries to the United States, with wages averaging about 120 dollars weekly and families following.
Dr. Lawrence E. Kreider of Indiana University told business leaders on the IU campus that the U S and Indiana economies show strain with exuberance and exhaustion. He noted near full employment but slower growth and warned rising prices, up 3 3 percent in the first quarter of 1967, remain the main pressure for the rest of the year.
Market report from Chicago stockyards covers cattle hogs sheep and bears with price ranges for various weights and grades. Notable figures include prime steers 1 200 1 400 lbs at 26 50 27 00 and hogs 200 230 lbs at 23 50 23 75 with other classes listed. Bears and ewes shown for completeness with lambs at 28 50 29 00 and slaughter ewes 4 00.
Hook Drugs Inc president August Hook received a special award from Citizens for Decent Literature for the firm's sales policy. George L Redenbaugh presented the honor. Hook, recently elected NASDC president, plans to broaden the push for decent literature among members.
Wheat prices rallied on the Board of Trade late in the week but failed to erase earlier losses as most grains and soybeans ended lower. Wheat fell despite export buying with July at 1.57 4 cents and overall declines driven by a March when the Agriculture Department forecast a record wheat crop of 1.55 billion bushels.
Terre Haute plant of the Anaconda Aluminum Company earned the Award of Merit for 1 000 000 man hours without a disabling injury from Sept 2 1966 to April 7 1967. Plant manager Warren Bogue credits safety programs for strong safe work habits and conditions and aims for the next honor.
175 members of Teamsters Local 364 walked out at Rock Industries in Elkhart delaying production. Plant superintendent Evan L. Franklin cited union security as the issue while union officials could not be reached. In other news, conservation efforts target declining vicuna populations across Peru, Argentina, and Chile as protection measures rise.
Livestock prices finished uneven with hogs, steers, and heifers mostly steady to higher at major terminals while Chicago trends fell. Cows and bulls rose, feeders strong, lambs slipped, and futures for live cattle were weak as receipts fluctuated across markets.
J Wilbur Kolb of Princeton resigns from the Division of School Inspection to return to planning duties. Supt. Richard D Wells announced the move on Friday. Kolb, 65, has served with the division since August 1963.
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