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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Jun 27, 1972
Page
9
A dense OCR page shows numerous stock and fuel prices with percentages, company codes, and numbers. The fragment includes Nat Airline Nat Distil Nat Fuel and many others with inconsistent formatting and partial figures.
AP lists the top fifteen most active New York Stock Exchange issues with trade counts and price movements. The sample includes UAL Inc Curtiss Wright American Telephone and Telegraph Merrill Lynch Gulf Oil Litton Industries Comsat American Motors Braniff Airways Harris Trust and others with varying percent changes and volumes for the day.
New York bonds show varied gains on Monday with AT&T and Con Edison among leaders. Trading notes reflect general activity on the NYSE with prices, highs, lows, and daily changes across many issues.
Chicago mercantile exchange reports on live beef cattle futures for Aug Oct Dec Feb and Apr with prices, highs lows closes and sales totals. Feeder cattle hogs potatoes and pork belly futures are listed with bid and sale figures from New York and other markets.
American list shows varied gains and losses across names like Aerojet AmPetr Arkansas Gas Brascan Hermes and Kaiser as Amex prices range with notable movers such as Data Control Dynalec Electrospee and Manhattan firms. Totals indicate approximate stock sales at 3.85 million versus 2.41 million year ago while bond sales run around 2.56 million versus 1.71 million previously.
AP report shows Dow Jones futures and sector scores with opening high and low values. Industrials and utilities fluctuate while overall averages dip, and stock transactions appear for various sectors including rails and utilities.
Learn to compare long term debt to stockholders equity and calculate shareholders equity from shares and price. Check current assets to liabilities ratio with a target of at least two to one and use the acid test to refine liquidity. Consider networking capital and industry norms for healthy capital use.
In Omaha Nebraska livestock quotations show hogs mostly 50 higher with uneven gains and 250 head around 200 to 310 pounds. Cattle slaughter active with steers and heifers up about 50.00 and cows firmer, feeder prices mixed. Sheep limited, lambs steady, receipts projected for Tuesday include cattle 6,500 calves 25 hogs 5,500 sheep 700.
New York based AP notes currency values for Canada and Britain in dollars per unit. The rates showCanada at 1.0205 on Monday and 1.0200 on Friday while Britain is quoted at 2.5300 and 2.5200 respectively.
Portland grain Exchange reports wheat bids for No 1 bulk at 1.58 for White and Soft White, 1.88 for Dark Northern Spring export, 1.60 for Dark Hard Winter ordinary. Barley and oats shown at No 2 western prices, corn at 58.00 FOB, sorghum 56.50, car receipts listed for several grain types.
Seattle prices show cash wheat soft white at 1.58n and white club at 1.58n, hard winter 1.69n. Yellow corn bulk No 2 bids at 57.50, barley bulk No 2 bids at 48.00. Puget Sound car receipts list wheat seven cars, barley one, corn remaining.
D A Davidson Co lists stock bids and asks for firms including American Express Anheuser Busch Bank of America Bancorporation of Montana Camel Manufacturing Cardinal Petroleum Datalab First Bank Systems Kampgrounds of America Medeco Montana Power Morrison Knudsen and Treasure State industries with prices and latest trades noted in column format.
Spot nonferrous metals offered with copper at 52.252 cents per pound, lead at 15.216, zinc 18, tin 1.75, gold 63.35 per troy ounce, silver 1.57 per troy ounce, and quicksilver priced at 20000 nominal per flask in New York. Connecticut Valley delivery noted for some rates.
London metal futures quotes show copper at 41950 bid 420, tin 1476 bid 1478, lead 120.50 bid 1223, zinc 144.75 bid 145.25 with corresponding asking prices. Prices listed in pounds sterling per metric ton for spot futures.
New York markets open with stocks lower amid slow trading. Cotton shows irregular moves while Chicago wheat rises on good demand. Corn and soybeans fall on liquidation. oats hold steady amid light activity.
New York stocks fell as investors worried about international monetary shifts and rising rates. The Dow dropped 8.28 to 936.41 with volume down, while the S&P and Dow Jones averages posted new 1972 lows amid broad declines across industries and declines on both major exchanges.
Anaconda Co. president Robert C. Weed announced a joint venture with Union Miniere Development and Mining Corp Ltd LaPorte Mining (Australia) Pty Ltd and Minimp Ty Ltd to finance exploration and development over about 340 square miles of mining claims and temporary reserves in Coolgardie Widgiemooltha and Norseman regions of Western Australia.
More than 500 head of Montana horses were en route to a Canadian packing plant to be slaughtered and made into dog food and glue. Livestock buyer William P. Jacobs, with 40 years in cattle trade, said the horses are old or crippled and come from auctions or private sales. Jacobs ships 3,500 to 4,500 horses monthly to Alsak Processors in Edmundton, Alberta, retaining healthy stock for saddle use. He notes public sentiment shifts when asked to buy and care for a horse.
Libby Dam resident engineer Phil Cole of the Army Corps of Engineers denies any unanticipated leakage at the structure. He labels a ceiling leak in the galley as minor and says Libby Dam is the driest he has worked on. He also rejects reports of secret negotiations with a major contractor for emergency upstream projects after January 1971 rock slide.
A list of mutual fund buy and sell net asset value prices supplied by the National Association of Securities Dealers. The table shows fund names with corresponding Sell and Buy values, including numerous fund families, management groups, and investment trusts.
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