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Newspaper
Terre Haute Tribune
Location
Terre Haute, Indiana, United States of America
Date
Jun 26, 1973
Page
14
Market data shows varied results with numerous stocks listed including Rey Ind, Met, Riviana, RoanSt, Robshaw, RochGs and RCA Corp. Percent figures in the snippet indicate daily gains and losses, with several entries clustering around mid single digits to low double digits.
Hogs demand strong with barrows and gilts mostly 25 to 50 higher and bids up across weight ranges 200 to 300 lb. Cattle and calves trade moderates with slaughter steers and heifers steady to unchanged, cows generally weaker. Sheep numbers small with lambs mixed but generally lower. hog market details cited for Indianapolis and Chicago grain futures show wheat up and corn soybeans mixed.
The piece surveys rising construction profits led by forest products and higher material costs, while bad debt losses climb across finance sectors. It notes health care growing as a major industry with 1971 earnings of 33.5 billion and employment near construction levels, highlighting the shift to services.
Grain bids show Wheat 2.44, Corn 2.40, Oats 1.25, Soybeans 11.00. Hog values listed 200 to 225 pounds at 3.50 to 39.75, Sows at 33.00 and down.
Secretary Earl L. Butz warned of meat and poultry shortages and urged standby authority to curb exports to ease the crunch. The President's Council of Economic Advisers cautioned rationing within a year seems unlikely though easing of the freeze on some foods may be needed.
Washington sources say Nix on administration dairy decisions threaten shortages later this year. Federation leaders Patrick Healy and Glenn Lake warn that higher production costs and delayed relief could force farmers to cut back, while more imports may depress domestic capacity and raise future prices.
Paine, Webber, Jackson & Curtis says no change in fiscal policy and near term fundamentals, Bearish stance. Indicator Digest warns against glamors and advises gold stocks and cash reserves for buying when bargains appear. S&P cites Watergate uncertainty, rising rates, margins freeze, Phase V details keeping market defensive. Alexander Hamilton Institute notes possible downturn but suggests capital outlays may sustain, time favors bulls.
Vigo Circuit Court Probate Division schedules final account examinations for two estates. Thomas S. Burch heirs and interested parties must appear July 16 1973 to contest or prove heirship and final settlement for executor Jack Burch. Lucille Skinner Yager heirs must appear July 10 1973 to contest or prove heirship and final settlement for administrator Jack H. Mankin.
Vigo County Indiana Vigo Circuit Court Probate Division files show Terre Haute First National Bank qualified as executor of Eliza Jane White deceased on June 22, 1973. Claims must be filed within six months. Also notice of sale list from Eastern Express Inc for various items to be auctioned July 10, 1973 in Terre Haute Indiana.
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