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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 08, 1971
Page
8
The New York Stock Exchange posted broad advances as many issues traded higher on Monday. Notable gains appeared in AmCan, Coca Cola, General Electric, and Boeing alongside widespread price increases across industrials and utilities.
The analysis notes the brewing industry strong with 1970 beer output up 4.7 percent and industry experts predicting 127.5 to 128 million barrels in 1971. Anheuser Busch leads with 18 percent market share, boosting long term growth prospects and a sound financial position for the stock.
USDA cattle market in Chicago shows slaughter steers steady to lower with grades 3 to 4 yielding 33.50 to 34.00 per cwt. High choice prime 1,100 to 1,350 lb steers at 32.75 to 33.50. Prime 950 to 1,000 lb steers and other cattle cited. bulls 25.50 to 28.00. Sheep market test unavailable. no numbers reported.
Omaha and Sioux City livestock prices show cattle and hogs with varied advances and declines across weight classes. Dairy and feeder items mix with futures data from Chicago, reflecting a broad daily agricultural market snapshot.
A fragmented OCR extract shows financial mentions including Alex Colman 4% 15% American Express 12% 113% Anheuser-Busch Bank of America 65 654 and other entities like Arden Mayfair 3 19% Montana Power 4.20 PFD 53 and Morrison Knudsen Co. v7 Ws Treasure State Industries.
The report lists the 15 most active NYSE stocks with closing prices and net changes for names including Sybron Corp, Unit Brands, Com Data, Com Telep, Natomas, Quasne Ltd, Western Union, Am Tel & Tel, Sony Corp, and others. London metals futures show copper, tin, lead, zinc, and other prices, while New York spot nonferrous prices include copper, lead, zinc, tin, gold, silver, and quicksilver per standard units.
AP dispatch outlines Monday closes and cash grain bids across Chicago Portland and Seattle. It lists corn oats barley and sorghum bids and receipts with No. 2 yellow corn around 66.50 to 66.75 in Portland and soft white wheat bids around 1.73 in Seattle.
The New York stock market failed to sustain a rally with little overall change in major indices. The Dow rose 0.91 to 923.06 while the broader averages posted small losses amid nerves over potential interest rate rises and continued consolidation. Major volume eased from Friday.
James S. Wingate of Chicago has been named business manager of The Missoulian, succeeding Robert D. Ross who will become publisher of the Star-Courier in Kewanee Illinois. Wingate will assume duties July 1 and comes from Branham Moloney the Lee newspapers advertising representative.
Sgt. Dean R. Isaacs 22 formerly of Kalispell was killed in a fiery Vietnam crash on June 1 while on his third Southeast Asia tour. He attended Kalispell elementary school, moved to Missoula in junior high, and graduated Sentinel High in 1968 before enlisting. Funeral services are pending in Kalispell. Isaacs was the 235th Montanan reported killed in the war.
Great Falls Montana AP reports Alex Blewett chair of the Constitutional Convention Commission rejects Attorney General Woodahl’s view that commission members cannot serve as delegates at the next constitutional convention. Blewett argues independent thinking matters and members should be allowed to participate.
A long list of mutual fund names with bid and ask prices appears. Listings cover Amcap Am Bus Amer Capit Fidelity Putnam and many others with varying bid and ask figures across sectors and fund families.
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