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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 26, 1973
Page
9
NYSE prices show mixed activity with several listings holding steady while others rise or fall. Analysts note unchanged totals and modest shifts as investors weigh earnings, with highlights including Admiral, Ampex, CocaCola, and Dow components amid a broad trading day.
Listed figures include numerous company names such as Genesc, GaPac, Getty, Gillette, Goodyr, Grace, Grant, Grumman, GulfOll, GulfWn, HeciaM, Hercules, HoerWal, HoffEictrn, Holdyinn, HollySg, Homestk, Honywill, HousehF, HouseP1, Howmet. Percentages range widely with several entries around 10 to 60 percent. Data appears as fragmented OCR stock table with prices, volumes, and performance indicators.
Livestock market report from Sioux City Iowa notes hogs at 39.75 to 40.25 for 190-240 lb, sows 50 higher at 34.50 to 35.00 for 350-400 lb. Cattle slaughter steers steady with 1,050-1,350 lb at 46.50 to 47.75 and heifers 44.25 to 46.00 for 850-1,100 lb. Sheep count 400.
Chicago Mercantile Exchange shows live futures for beef cattle feeder cattle live hogs and frozen pork bellies with open high low and close figures for Aug Oct Dec Feb Apr Jun Jul Aug Oct Dec Feb May and other months. Also lists sales volumes and open interest across products including Idaho potatoes and assorted futures entities.
A dense list shows numerous company names with latest price, volume and percent change. The snippet reads like a market table from a 1973 Associated Press report, detailing ticker symbols and daily movement for corporations such as LehValindg, LevitzFurniture, Motorola, NatGas, Texaco, Procter & Gamble, Pfizer, and many others with percentage shifts and volumes.
A dense OCR summary of American Stock Exchange quotes shows high, low, close and change for numerous tickers along with late quotations for several securities. It also lists NYSE and AMEX market activity, with top movers like UAL Inc, McDonald, Disney and Sony, plus market at a glance figures and bond sales.
USDA live stock quotations from Omaha show hogs trading 50 to 75 higher with varied weights, sows 50 to 75 higher, cattle and calves with steady to higher trends and some gains, feeders strong, and sheep steady with choice slaughter lambs at 37.00 to 37.50. Estimated Tuesday receipts: cattle and calves 5,000 hogs 5,000 and sheep 600.
Sylvia Porter analyzes the Phase 3 freeze and Phase 4 controls, arguing inflation will slow only slightly from 9% to 4–5% by year end. She asserts price stability is unlikely soon, demands tougher monetary and fiscal actions, and urges families to adjust finances to a shrinking dollar.
Portland Grain Exchange closes with bids for Wheat No 1 bulk to arrive coast and deliver coast in 30 to 60 day windows. Soft White about 3.07 in 30 to 60 days. Montana Dark Northern Spring 2.90 for 1 to 30 days. Dark Hard Winter Ordinary 30 to 60 days 86. Barley 87.50 for 30 to 60 days. Coarse grain and futures bids listed for Corn No 2 yellow 95.00 to 96.00, Oats No 2 74.00, Barley No 2 88.00 to 89.00. Car receipts show Wheat 54, Barley 8, Flour 19, Corn 11, Milo 1, Feed 23.
Seattle based AP report lists cash-wheat prices Soft White 3.10 White Club 3.10 Hard Winter 2.90 all per bushel. Yellow Corn Bulk No 2 94.00 bid 97.00 asked Barley Bulk No 2 87.00 bid 90.00 asked Puget Sound car receipts noted.
The Montana Standard reports a steep stock market drop after Senate Watergate hearings resume. The Dow fell 10.69 to 869.13, its lowest close since December 1971, with 11.67 million shares trading. McDonald's and IBM led declines amid inflation and profit-forecast concerns, while Nasdaq fell to 99.43.
Bruce R. Watkins president of Freedom Inc urged rejection of Clarence M. Kelley as FBI director saying his Kansas City police chief background shows a bureau bureaucratic machine insensitive to compassion. Watkins linked Kelley's hard line to the 1968 Kansas City riots after MLK's assassination, claiming six black lives were sacrificed. He spoke as the Senate Judiciary Committee opened the third day of hearings on the nomination.
The U S Postal Service said Sunday that planned rate hikes for periodicals and printed matter set to take effect July 6 are postponed under the price freeze. It did not seek an exemption, leaving current rates in place for magazines newspapers nonprofit material books and records until further notice.
New York AP reports a dense table of mutual fund and stock prices with dozens of fund names, values, and net changes. Measurements cover growth funds, income funds, bond funds, and sector trackers from providers like Franklin, Oppenheimer, Putnam, Scudder, Vanguard, and more, along with Dow Jones averages and commodity futures outlooks. Prices, ranges, and day totals are listed for numerous funds and securities, reflecting a broad market snapshot.
The House Appropriations Committee approved a $4.67 billion public works bill funding water and power development programs and the Atomic Energy Commission. The bill totals $85.7 million less than Nixon’s request and heads to House debate later this week.
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