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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 08, 1973
Page
19
NYSE prices showed scattered gains and losses with many issues closing near provided ranges. Major names such as Coca Cola, AT and T, and Exxon reported varied moves amid light trading as investors weighed results and market direction.
Dense AP compiled list of mutual funds and securities with prices, percentages, and changes across many funds. Includes fund names such as NoAmPhill, Northrop, OlinCorp, PacGsE, and many others, with spread across sectors and markets.
The Chicago market shows mixed futures with wheat and corn holding narrow ranges and soybeans steady. Wheat July at 2.684, corn July around 2.68, and oats contrasting with slight gains, while iced broilers trade in the mid 40s across several months.
New York prices edged up amid volatility in a light to moderate volume session. The Dow rose 11.44 to 909.62 with mixed intraday swings, while the broad NYSE index added 0.77 to 55.68 and the Amex index gained 0.07 to 22.47. Winnebago led heavy block sales as bonds and inflation fears weighed on markets.
Omaha livestock market receipts show hogs at 25 to 75 lower with varied weights and sows weak. Cattle and calves steady to mixed with high grade steers and heifers under heavy demand, feeders stronger. Slaughter lambs and spring lambs posted gains with ewes steady. Estimated Thursday receipts: cattle 1,200 hogs 5,000 sheep 200.
Sioux City Iowa AP USDA hogs 7,000 and butchers up 50 to 75. Sows 50 to 75 higher. U S 1 3 190 to 240 lbs 38.00 to 38.50. Cattle 1,500 head steady in parts. Steers 46.50 to 47.60 for 1 050 to 1 300 lbs. Heifers 44.50 to 45.60 for 875 to 1,100 lbs. Good and choice 44.00 to 44.75.
Markets at a glance show NYSE advances 908 and declines 471 with Winnebago leading gains and 14,160,000 shares traded. Index up 55.68 points, bonds totaling 18,420,000. Chicago reports wheat, corn, oats, and soybeans all hitting limit lower on heavy selling.
Readers learn why roofs wear out after postwar housing boom and how costs rise. The piece cites 1973 re roofing trends, average outlay about 491 dollars, professional installation costs 571 dollars, and 334 dollars for DIY, with guidance on choosing contractors, warranty expectations, shingle grades, and cost calculations. It also gives signs of replacement needs for wood, slate, and asphalt roofs and tips to avoid fly by night roofers.
AP reports New York stock market figures with Dow Jones indices and trading activity. Ind 900.59 to 913.68, transport 160.13 to 162.33, utilities 106.75 to 107.55. Bonds and commodity futures show mixed changes with notable declines in the futures index.
The page lists bid and ask quotes for multiple stocks and preferred shares including Aceto Chemical Bancorporation of Montana Cambridge Fund Camel Mfg Cardinal Petroleum Datalab First Bank Systems Harvest Industries Hydroculture Security Soc Kampgrounds of America Maritime Fruit Medeco Montana Corporation Montana-Dakota Montana Power Pene Power Light Southwest Airlines Taco Bell Treasure State Industries Universal Metals and Machinery with various percentages and prices shown for each security.
New York spot prices show copper at 6 60 percent cents per pound with Connecticut Valley leads, zinc at 20 and a quarter to 21 cents per pound delivered, tin at 2.072 dollars per pound in New York, gold at 121.80 dollars per troy ounce, silver at 2602 dollars per troy ounce, and quicksilver at 260 dollars per flask in New York.
New York market wrap shows modest gains and mixed results at the close. Industrial and Finance sectors led advances while Transportation and Utility shares posted smaller gains amid a broad day of trading.
New York AP bulletin lists foreign exchange figures in dollars and decimals. The report notes Canada and Britain rates with brief bid and ask figures showing minor fluctuations for Thursday trading.
GTE Sylvania Inc. announced completion of an electrical design for antenna systems that could from space probe Earth and other planets for oil minerals and water. The antennas were used in the Apollo 17 mission during the lunar sounder experiment reaching about three quarters of a mile beneath the moon's surface.
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