Chronicle Tribune from Marion, Indiana (2024)

Tribune Marion, Indiana Business Markets Finance Agriculture Page 11; 3, 1970 N.Y. Stock Stock Exchange NEW YORK (AP). selected, Harris Int New York, Stock Exchange prices: HectaMing .70 Sales Hercin 1.200 Low Close HewPack :20 ho*rnWal .90 -A- Hoff Electra ACF AbbtLab Ind 1.10 2.40 48 HollySug 1.20 Holidyinn .20 20 Homestke .40 Ad Millis :20 21 Honeywl 1,20 Address 1.40/** 13 HousehF 1.10 Admiral 83 14 :13 14 HoustLP 1.12 AetnaLif. 1.40 73 Howmet .70. AirRed 1.15g 155.

AlcanAlu 1.20 61 261 Alleg Cp .208 35 13. 4 AllegLud 2.40 39 IdahoPw 1.60 Alleg Pw 1.32 39 21 21 Ideal Basic AlliedCh 1,20 90 111 Cent 1.14 AlliedStr 1.40 104 29 281 Imp Cp Am Allis Chaim 26 INA Cp 1.40 Alcoa 1.80 23 Inger Rand 2 AMBAC .50 49 2012 Inland St 1 Am Hess 128 30 30 1.80 Am Airlin .80 249 31 31 IBM Am Brands 062 Int Harv. 1.80 Bacst n1.20 62 Int Miner Am Can 2.20 67 42 Int Nick 1.20 ACrySug 1.40 13 Int Pap 1.50 AmCyan- 12. 129. Int 1.05 AmEIPw 1.64 103 31 lowa Beef Enka la.

lowaPSv 1.32 A- Home 1,40 74 714. itek. Corp Am Hosp .24 137 AmMFdy .90 AMetCIx: 1.40 161 Am Motors 192 Jewel Co 1.50 2 28 32 JohnJhn JohnMan: 1.20 Am Photo .12 1.90* 551 33 323 JoneLau JonLogan 1.35 .80 Am Std 1 45 Jostens .60 Am KCp. 2.60 30 61 795 30 30 Joy Mfg 1.40 AMP Inc .48 Ampex Corp: 47 Anaconda 1.90 176 Kaiser Al AnchHock ..80 27 Kan GE 1.40 AncorpNSv 27. KanPwL 1.18 ArmcoSt 1.60 1136 Katy Ind Armour 1.60 43 43 KaserRo :60 ArmstCk .80 28 Kenncott 2.40 Ashid Oil 1.20 154 Kerr Mc 1.50 G1.20 26 42 144.

KimbCIk. 2.20. Atl Richfid 2 278 90:4 86 Koppers 1.60 Atlas Chem. 234 Kraftco 1.70 Atlas Corp 151 4 Kresge SS Avco Cp 1.20 111 Kroger 1.30 Avnet Inc 285 Avon Pd 1.80 15 173 -B- Lear Steg LehPCem .60 Babck 26 Leh Val Ind BaltGE 1.70 31 Lehmn 1.47€ Beat Fds 56 LibOFrd 2.80 Beckman .50 58 Libb MeN BeechAr Ligg My 2.50 Bell How .60 Ling TV 1.33 Bendix 1.60 23 Litton 1.89t BenefFin. 1,60 71 LockhdA 1.20 Benguet: 681 133 Loews The ,13 Beth StI 1.80 180 LoneS Cem Block HR .24 101 LoneSGa 1.12 Boeing BoisCas 1.20 209 2934 LongisLt 1.30 .255 129 75 Lucky Str .80 Borden 1.20 43 23 Lukens BorgWar 1.25 22 LVO Corp Brist Brunswk y1.20 251 202 75 Lyk Yng 18 BucyEr 1.20 Budd Cal .800 10 Bulova .60 Macke Ca .30 Bunk Ramo 91 Macy RH Burl Ind 1.40 96 Mad Fd 3.71g Burrghs .60 136 Magnvox 1.20 Marathn 1.60 Marcor Inc Cal Finant: 50 1 Mar Mid 1.40 CampRL.

27 18 MartinM 1.10 CampSp 1.10 560 MayDStr 1.60 33 Maytag CarrierCo .60 99 McDonnD .40 CarterW 40a .200 Mead Corp Case. JI 16: 13 Melv Sho 1.30 CastleCke .60 Merck CaterTr 1.20 230. MGM CeianeseCp 2. 80 Microdot Cenco Ins .30 -39 MidSoUtil .96 Cent SW 1.80 Cerro 1.60b 146 MinnPLI 1.20. ,80 Mobil 2.20a CessnaA 69 24 Mohasco 1.10 CFI.

StI Monsan 1.80 Ches Ohio MontDUt 1.60 CaiPneuT. 2 36 Mont Pw 1.68 LarisCft 59 Mor-Nor .80. Chrysler 2 314 Motorola CofFin 1.80 188 36 MIStoTT 1.36 Cities Svc 2 75. 1.40 34 2.04 61: Nat Airlin .40 Coca 115 Nat Bisc 2.20 Coig Pal 1.30 65 Nat Can .80 LodinRad 57. 35 NatCash 1.20 Cololntst 1.60 45 37.

37, 37 Nat Distil .90 LoS 1.40b 107 Nat Fuel Lo.uGas 80 65 26 Nat: Gent .20 CantSolv .40 37 24 23: NatGyps 1.05 ComwEd 2.20 75 Nat Indust 57- 57 Lead 1.27g Con Edis 1.80 183 27 27. Nat Steel 2.50 -ConFood 1359 Nat Tea .80 ConNatG 1.76 76 26: 26 Natomas .25 Cons Pwr. 1.90 83 337 'Nev Pow 1.08 Cont Can 2.20 67 27 72 13 9 -27 Newberry 1 NEngEl 1.48 Cont Cp 2 24 Newmnt- 1.04 Cont -Oil 1.50 263 Niag MP. 1.10 Cont Tel .72 141 Norfolk Wst Control Data 243 Norrisind' .80 Cooperin 1.40 30 30 AmPhil CorGW. 2.50a 19 256 255 256 NoAmRock :20: NoNGas 2.60 Cox Bdcst .60 47 47 Nor.

Pac 2.60 Cox Bacst wi 1 NoStaPw 1 60 CPC Intl 1.70 217 32 Northrop 1 CrowCol 1.071 98 27 27 Nwst Airl .45 Cork: 171 NwtBanc 1.20 CrwnZell 1.60 347 Norton 1.50 Cudahy Co 50 13 NortSim 1.22f Curtiss Wrt -D- DanRivr 39 Occidnt Pet Dart Ind .306 35 49 2: 481 OhioEdis- 1.50 5 Okla OklaNGs GE 1,16. 1.12: Deere Co 2 17 Olin Corp .88 DaymPL 1.60 83 Del Ante 1.100 23 Omark Ind If DeltaAir .40 78 307 Otis Elev 2 Den RGr: 1.10 3 Outbd Mar DetEdis 1.40 64. 211 OwensCg 1.40 Det Steel: 62 1.35 DiaSham 1.40 88 DillonCo .566 Disney 57 133 133 PacGEl 1.50 Diversind 71 19 Packtg 1.60 DomeMin .80 Pac Pet DowChm 2.60 91 PacPwL 1.28 Dressind 1.40 34 1.20 DukePw 97 duPont 5.25g 105. PanAm WAir Duq Lt 1.66 36 24 Panh EP 1.60 Dyna Am 40 100 Parke Davis. Penn Cent PennDix 60 East Air Lin 148 Penney JC EasKodak la: 235 PaPwLt 1.60 Eaton Ya 1.40 39.

PennzUn .80 410 49 23 PepsiCo 1 79. Perfect Film Eltra Cp 1.20 24 29. 29 PrizerC 1.60a Emer Elec Phelps 2.10 End Johnsn 22 Phila El 1.64 Essexint 1.20 145 Phill Pet 1.30 Ethyl Cp 44 1:24 Philip Mort EvansP 401 391 40 Pitney Bw ,68 Eversharp 20 Polaroid .32 PPG Ind 1,40 ProctGe 2.60 FairchC .50 159 96 PubSCol 1.06 Fair HIll .150 65 33 PSYCE. G1.64 Fodders 33 33 Pueb Sup .20 Fansteel Inc 13 13 Publkind 83 37 PugS PL 1.76 Filtrol FedDeptstr 2 34 34 Pullman 2.80 Firestne 1.60 52 52 Fat Chrt 2.29f 36 Flinfkote 24 Fla Pow 1.60 50 Fla 69 FMC Cp .85 Reistont FordMat 2.40 --502 Ranco Inc ForMcKs .80 Raytheon FreepSul 1.60 119 RCA FruehCp 1.70 169 Reading Co Ni ReichCh .50 RepubStl 2,50 GAC Cp 1.50 66 42 Revion GAF Corp 40 126 ReynMet ReynTob 1.10 Gam Sko 1.30 224 Roan Sel 2.40 Gannett 281 Rahr Cp Gen Elec 2.60 RoyCCola-54 Gen Gen Mills Fds 2.60 160 36 15 RyderSys .50. Royal Dut, GenMot 491 GPubUt Gen Tire Tel El 1.52 214 Safeway 1.10 StJosLd 1.80 Genesco 1.60 StL SanK 2.40 Ga Poc .000 103 StRegisP 1.60 Gerber 1.10 25 371 Sanders .30 Gettyoll .30 42 48 SaFelnd 1.60 Gillette 1,40 SanFeint .30 Glen Alden 114 Schenley: 1.40 Global Marin Schering .60 Goodrich 1.72 170 SCM Cp .606 Goodyear .85 323 SCOA Ind .60 GraceCo 1.50 Scott Paper GraniteC St 114 SbCL Ind 2.20 GrantW 20.

Searl GD 1.30 Gt 1.30 271 Sears 1.208 Gt Nor Ry 1 50 413 Shell Oil 2.40 Gt West Finl Shall Tr 1.30g GtWnUnit .90 166 SherwnWm GreenGnt .96 SignalCo 1.20 Greyhound 174 SingerCe 2.40 GrummnCp 25 Smith KF 2 Gulf on 1.50 32 SCarEG GulfStaUt 03. SouCale 1.40 Gulfwin 196 South Co 1.20 SouNGas 1.40 Sau Pac 1.30 Halliburt 1.05 90 411 Sou RY 2.000. Wall Street. To fight inflation Marion: Marion: Spartans .150 31. 30 Sperry 451 34: SquareD 32 21 47-103 St Brand.

1.50 :129 52 27 Std Kollsman 20 29 StOCal 2.80b 329 152 StOlind 4 183 7. StOUNJ 3.75g $367 62 62 56 17 Std0ilOh 2.70 18 84 83 84 51.144¼ St Packaging 106 101 StauffCh 1.80 17. 343 34 69 SteriDrug .75 67 42 12 StevensJ 2.40 29 40 40 StudeWorth 50 43 Sun. -OIl 1b 431 SurvyFd 81 33 31 Swift Co :60 119. 12 Systron.

Donn 13. 36 29 68 Tampa El 12. 233 23 102 27 TektronIx: 22 158 18 26 364 Tenneco Teledyne 1.32 139 140: 93 Texaco 1.60 547 130 TexETm 1,40 101 24 201 TexGSu1: .60 459. 177 37 Texasinst .80 108 128 334 TexP Ld 45g 34 34 Textron .90 03 11 Thiokol. 190 73 TimesMir .50 Timk RB 1.8 48 Trans Air 166 Transmr 288 26 83 69 TriCont 3.47g 68 3212 20.

Transitron TRW Inc. 54 38 205 563 Twen 2 Cent. 411 191 26 18 250 23 -U- Inc 166 20 28 -K- UMC Ind .72 Carbide 2 320 38 33 Un Elec 1:20 101 1.60 415 Un Pac Cp 2 55 46 UnionPacif 15 Uniroyal ,70 577 163 UnitAire: 1.80 76. 93: Unit Cp 55 11 Un Fruit 1.40 46 45 46 Unit MM 1.30 20 30 39 USGypsm- 3a 53 240 US Indust :453 82 PlyCh :84 41 31: 3T US Smelt 16 37 US Steel 2.40 21 UnIvO Pd 807 x162 76 54. 28 53 13 Upjohn 1.60 -V- Varian 'Asso 20 30 33 VaEIPw: 1.122 308 Vendo Co .60 35 115 62 WarLam 1.10 '70 3 28 Was Wat 1.28 10 52 19 194 Wstn Air Lin 40 A 26 Wn Banc 1.30 53 48 WnUTel 1:40 54 44 23 WestgEl.

1.80 178 60 Weyerhsr .80 169 4012. 29 Whirl Cp 1.60. 4:28 58 58 White Mot-2 22 82 -M- Whittaker 197 WinnDfx 1.62 43 27 Woolwth $1.20 :114 62 37 7 Gerox Cp .60 253 146 49 46 Zate Corp. .64 69 ZenithR 84 3514 334 105 Copyrighted by The Associated Press 1970 56 81 figures are unofficial. :112 Unless otherwise noted, rates of divi87 ends in the foregoing table are annual 13 70 70 disbursem*nts based on the last quarterly 66 111 or declaration.

Special extra dividends or payments not desig22 nated 85 regular are Identified in the 116: following footnotes. 8-Also extra or extras. b--Annual rate -Liquidating divi212 d-Declared or pald in 1969 plus 29 stock dividend. -Declared or. paid so 185.

367 far this year. -Paid in stock during 1969, estimated cash value on: ex-divi8 dend or ex-distribution date. last 99 37 year. h-Declared or paid after stock 20 dividend or spilt up. or 24 22 this year, an accumulative issues with dividends in arrears.

n-New issue. Paid this year, dividend omitted, deferred or no action taken at last in dividend 1970 meet- plus 305 41 Ing. paid 697 stock dividend. In stock during 288 1970 estimated cash value on. 40 17: 17 or 1-Sales ex-distribution in full.

date. 13 cid-Called. dividend. -Ex divi199. 101: dend and sales In full.

8 tion. 5 rights. xw-Without war69 rants, ww-with warrants. wd-When dis417. tributed.

wi-When issued. nd-Next day 11 vi-in bankruptcy or receivership or 77 Act, being or reorganized securities under assumed the by such Bankruptcy 27 com 38 panies. equalization tr--Foreign issue sublect to In170 323 tax. 86 17 2 17 23 18. 87 217 66 11 39.

79 23 26 127 29 277 29 351 3 30 297 39: 45 921 25 35 425 30 82 17 24 47 40 97 87. 270 62 72 34 33 34 36 540. 19. 181 19 12 34 29 2 108 59 7 76 35 35 37 38 16. 16.

77 222 203 36 36 15 394 179 125 32 130 -110 69 100 27. Th 221 -R- 25 211 25... 121 394. 394 107 110 369 40 44 25 25 374 374 40 36 36 26 223 25 13:24 24. 31 119 17 01 1 1 34 68 67 41 47 46 243 213' 29 $2 30 76 263 72 38 461 GRANT COUNTY FARM BUREAU CO OP Ear.

Corn. 2: 1.00 Shelled Corn 1.04 Oats 2 .65 Wheat: 2 1 1.26 Soybeans 2.311 FAIRMOUNT LIVESTOCK Hogs: 75 200-220 lbs. 26.35-26.50; 220-230 lbs: 26.10-26.- 25; 230-240 lbs. 25.85-26; 240-250 lbs. 25.35-25.50; 250-260 lbs.

85-25. Sows: Steady; 22.25 top. MUNCIE LIVESTOCK Hogs: 25-50 lower; 200-230 lbs: 26.25-26.75; 230-280 lbs. 24.50-26; 280-300. Ibs.

23.75-24.25; roughs 400: lbs. down: 21.50-25; 400-Ibs. up. 21.25 down.Boars: 17-18. Cattle: Steady; steers 25-27; standard and low- good steers 20-22.

Choice Heifers: 25-27; good and choice heifers 22-252 Cows: 1 higher; commercial cows 17.50-21.50; canners and cutters 16.50-20.50. Bulls: 20-26. Sheep: Steady; slaughtersheep 4-6. Over the counter BID ASKED Federated Publications: 50 .59 61: O.W. 0 FosterForbes cm Foster Forbes pf.

Haag Drug Co. 1 Hook Drug Co. ....33 Marsh. Supermarkets. Midwestern Life 14 Unified: Funds Wabash.

Life What Stocks Did NEW. YORK (AP) Today. Advances 1143 Declines 296 Unchanged 150. Total 1589. New 1969-70 21 New 1969-70 lows.

A 16 exuberance of holidays NEW YORK (AP) The stock market began the New Year Friday with and ring a exuberance bounded upward along a broad front. "It was consistent with the traditional New Year's path," Monte Gordon of Bache and "but the action wasn't of a new trend. We won't see a new trend until next week when everybody comes back from the holidays." Trend of Staple Prices NEW YORK (AP) Closed because of Tholiday. AP. Stock Averages Compiled by The Associated Press 30 15 15 60 Net change Ind.

Rails Util, Stocks Fri: 413.5 140.4 133.5 276.0 Prev. day 407.3 136.4 131.9. 271.1 Week ago 406.1 137.0 131.3 270.7 Month 890 409.4 138.5: 211.5 358.3 272.6 Year ago 512.5 157. -1969-70 high ::513.5 217.74159.1 360.9 low 129.8 127.9 260.8 1968 high .531.1 217.4 160.4 368.8 11968 low 435.6 Bond Averages Compiled by The Associated Press 20: 10 10 10. Rails Ind.

Utile Fon. L. Yd. Net change gun un un Prev, day 56.3 81.3: 476.1 89.9 72.7 Fri 56.9 81.40 76.1 89.9 72.7 Week ago. 56.5 81.4 75.8 72.7 Month- ago 58.3 81.9 76.0 90.3 73.2 Year ago 64.2 7 85.9 78.6 89.6 78.8 1969-70 high 64.3 87.0 7.0 79.3 92.2 79.6 1969-70 low.

56.3 80.2; 75.6 89:1 72.4 high 66.3. 91.0 81.4 90.2 82.3 1968 low 63.8 85.8 78.3 88.0 78.4 15 Most Active Stocks 36 NEW YORK (AP')-Sales, closing price 10 and.net change of the fifteen most ac14 tive: stocks traded on the NY Stock: ExCon Foods 1. .135,900 4114 change. 2 Vornado. Inc 108,300 Occiden Pet 92.100 2614 Am Tel Tel 79,500 68,100: Berkey: Pho 61,700 Bell 57,900 Prev.

Uniroyal, 57,700 day Camp Soup 56,800 935 Am Smelt: 55,100 3 533T Pact Petrol 54,800 2174 54,800 36 1685 Texaco 54,700 24 Ford Mot 50,200 95 Pan Am :46,400 PERSONAL finance By ROBERT J. COLE New. York Times: News Service, NEW YORK The American military man is unfighting man in the world. Now, it turns out, he also the best-trained, best-equipped and. best-fed the richest.

And as such he has credit and banking facilities available almost everywhere. Among' the first "to discover that military men "have money is an almost unknown organization in Bellevue, called Association of, Military Banks. Starting years ago 30- bank -members, -this group has expanded to 85 commercial banks big and small doing "aT billion-dollar" business meeting the fir nancial- needs- of American soldiers, sailors, marines, air force men, coast and thousands of civilians who work on military bases around the world. waG. Deatherage, president.

of the and Planters president Bank -of and the Trust Company of: Hopkinsville, association, noted. the other day: that military business was often just an accommodation but added that- for some: smaller banks it represented a share of their business. Planters has two offices at Fort Campbell, Ky. In Texas, for example, Mandel, president of the Laredo National Bank, -which has an office at the Laredo Air Force Base, said military business represented 6-to-8 per cent of its total. Hugh Campbell, president the Bank of Bellevue, outside Omaha, which has a new bank building the Offutt Air Force Base nearby, said the Air Force counted for "over half our.

It competes actively with the First National Bank of Bellevue and two credit unions. The First National Bank of Lake -Forest, the Bank of Highwood, 4 Ill, and "the Citizens National Bank of Waukegan, fall seek out the military at the Great Lakes Naval Station and at Fort Sheridan nearby. Probably the biggest military: banking business is that the American Express International Banking Corporation, with 120 banking offices in Germany, Britain, Okinawa, Morocco, Taiwan, the -Philippines, Japan, -Greece, Iceland, the Netherlands and Vietnam. The Chase Manhattan -Bank, National City- Bank and the Bank of America, which do not belong to, the group, also maintain substantial military banking operations. The Bank of America has 17.

offices overseas, including several in Vietnam, plus 19 more, on bases in California, The National City has offices in Japan, the Philippines and even on the Guantanamo Naval Base in Cuba, The Chase has seven offices in" Vietnam, four sin Thailand, six in Japan and one in West Germany. No two operate. Some offer limited banking services; others offer a full line -of commercial banking. services. One 7 of the newest wrinkles in mililary banking is being expanded by- a private organization known as the Military Purchase System, New York, in cooperation with -the Franklin National Bank.

For a membership fee of. $10, military sonnel "can" obtain lines of "credit. from Franklin National for- $500 to $5,000. "Despite, the of commercial banks almost everywhere "willing to cater -to military personnel, MPS maintains that many armed forces personnel particularly new in'. an area find it difficult to open checking accounts or borrow quickly.

"Through Franlin' regular on ac. tive duty, active duty reserve officers with- more than six years service and active-duty noncommissioned officers withsix years service in pay grades of E-5 and. above or first. class petty officers) men and women and their spouses -'can write checks at post exchanges, saries, other base establishments or. off- base, May be extended over 24 months at an rate of 12.72 per cent plus cents per check on the Franklin National.

For military personnel who prefer to buy by mall, MPS also has. a deal with Aldens, Chicago, a mailorder concern. Prices there "are "the same as. for civilians, Sears, Ward lower retail catalogue prices Many traders were absent from the market, on a four day New Year holiday. Part of the reason for the healthy: 8.84 point rise in the Dow Jones industrial average to 809.20-a /1.10 per cent gain- loss selling.

was the absence of year end tax Such, tax purposes had been described as "vicious" many a occasions, right up through the last day's trading in 1969. Friday's volume was. moderate 8.06 million shares, far less than 2 the $19.38 million shares on Wednesday, the ninth heaviest in Big Board history. Stock markets were closed Thursday, New Year's day. The rise was along a broad front.

Of the 1,589 individual stocks traded on the New York exchange, advances, bered declines to; 296.4 There were 21 new highs for. the year- and 16-new-lows? As the Dow rose, so did the broader-based indices. The AP. 60-stock average 4.9 to 276.0, its largest daily gain since April 8, 1968, with industrials up 6.2, rails up 4.0, and utilities up 1.6. The New York Stock Exchange index of some 1,200 commonastocks: rose 0.57 to 52.10.

Standard and Poor's-500-stock index gained .94 to 93.00, Major categories that rose with the market included steels, motors, rubber issues; aircrafts, electronics, utilities, metals, rails, oils and airlines. Building materials were lower: Occidental, Petroleum rose to on ant active 'turnover, The company. said Friday planned to acquire Charter a Florida based bank operator and owner of a mortgage company in Puerto Rico. Copper companies apparently continued to benefit price hikes announced earlier, in the week. Phelps Dodge gained to and Kennecott rose 24 Zurn industries was a a' gainer among companies: involved air and water pollution apparently a reaction to a call by Sen.

Edmund S. Muskie, Maine, earlier this week for independent government agency on pollution. Zurn rose to. on the Big Board (was Consolidated onturnover of 135,900 shares, up Of the 20 most-active stocks, 18 advanced, declined; and was unchanged. Closing prices of other actives included Benguet, up 1 at Bell Intercontinental, up Campbell: Soup, off and Twentieth Century, at Trading in blocks of 10,000 shares or more declined to from Wednesday's 42 blocks.

along a moved sharply higher. American Stock Exchange well; The Amex price index jumped 44 cents to $26.71, the largest daily. gain some 5 months. Advances heavily. outnumbered declines -by 844 to 147; among the issues traded, one of the greatest spreadsin the history of the exchange.

Six blocks of 10,000 shares more were traded, compared with 15 on Wednesday. Most on a turnover 91,100 shares was Siboney, up to Fifteen of the 20 stocks advanced and 5 declined. Closing Amex, actives, included Suliik, up to Cohu Electronics, up to search Cottrell, up to 60, Data Products, off to 24. Both, government- and corporate bonds were higher, Rate riod Record able INCREASED. Cleve El Mum" 7.54T 2-15 EXTRA Ha Corp 1.00 24 3-2 Rochester 3pc 1-12 2-16 IRREGULAR a Century Shrs' Trst .35: 1-2 2-2 Penn Sq.

Mut Fd .25 1-2 1-30 REGULAR Acme General .05 1-23 2-13 Comprehensive 175 Crowley Milner .075 1.15 1-30 Hajoca Corp .25 3-2 Jostens: 15 1-16 2-9 Reliable 15 1-22- Travelers Corp 20 1-29 3-10 Rochester ,30 1-12 A Bond Transactions selected NEW YORK (AP) Friday's New York. Stock Exchange bond prices: Sales ($1000) High Low Close Chg. 61 7 60 60 93 ConEdis 60 60 60 GMot Acc 5580 20 771 77 MoP NYCent $2020f 22 5514 517 547 51. NorPac 4597: 551 551 Ss91 10 70 70 Sears 21 75 USSteel 63 USSteel 4583 704 Copyrighted by The Associated Press 1970 Dividends Declared Friday's I Final Dividends -Declared Stk. of Pay.

Markets at a Glance NEW YORK (AP) Markets. at glance: Stocks -Higher in moderate trading. Cotton--Market closed.There will be no Add Chicago Markets at a Glance today. Closing Index. NEW YORK (AP) Closing, New York Stock Exchange Index: Market cents Index 51.10 55.28 Transportation 39.06 Utility 39.37 Finance .68.36 CHICAGO (AP) Roebuck and the nation's largest mail order house, says it has cut prices on hundreds of items in its 1970 spring-summer catalogue a move to help consumers fight inflation.

Montgomery Ward, the No. mail order retailer, did not comment specifically on prices in its spring summer book, but that a spokesman Friday check "with our major competitor shows that 80 per cent of our prices are equal or lower." Some 12 million copies of the Sears and about six million copies of the Ward book are being distributed this week. In a letter to customers receiving the spring-summer catalogue, Sears said it had reduced prices on merchandise "to help en your cost problems." A spokesman said most price cuts ranged from 5 to 110 per cent, addings "Some items are reduced a few cents and 'others cut more than 25 per cent," He said "thousands of other prices. were not increased." The spokesman said Sears pared prices in the expectation that volume would compensate for the lower perunit profit margin. "Normally, when you reduce the price an item, you hope to sell more of it," he remarked.

The spokesman said the reductions" were in addition to those announced in Sears' midwinter sale book distributed just before Christmas. unusual for prices to be reduced in the catalogue," he obit served. A Ward official said the firm's book reflected "slight reductions" in the prices of basic items such as bedding, sporting goods and photography equipment, He said prices were maintaned on most staple items but to that higher costs of labor and materials hiked tags on "some in major appliances by up.to 5. per cent. Earlier Ward announced D- were prices in reduced its as much as 60 per winter sale book an 36.

Indianapolis Hog Market INDIANAPOLIS (AP.) (USDA) Hogs barrows and gilts lower; rather slow; supply 220-270 lb; 1-3 190-230 lb. 27.00-27.50; 60 head 27.65: 230-250 lb 26.25- 27.25; 2-3 230-260 lb 25.25-26.25; 12-4 240-270 16 24.50-25.50; 270-300 23.75 24.75; sows mostly steady; 1-3 350-400 22.50-23.00; 400-600 lb 21.75-22.50. Cattle 125; none; not enough slaughter steers or ers for market test; cows ly steady; slaughter steers, few mixed good -and 28.00- 28.65; good 27.50-28.25; slaughter heifers, choice 900-950 15 27.50-28.00; cows, utility and 21.00 21.50; high dressing utility: 21.50-22.00; ter 16.00- 19.00; -no bulls or vealers Sheep 125; slaughter lambs weak to 50 lower; ewes scarce, steady; slaughter lambs, choice andchoice 27.00 27.50: slaughter ewes, utility 7.00-7.50. Sees no hope in Gary strike GARY, Ind. (AP) The pres.

to ident of the Gary teachers': unlion said Friday. he saw no chance of avoiding a strike Monday, Charles Smith, president of Local 4 of the American Federlation of Teachers, and other union representatives met with school negotiators in an all-day session Friday no -agreement was announced. The union's contract expired Dec. 31, but classes are not scheduled to resume until Monday. board -said- Wednesday night it had no further offers.

The Gary: Educational Secretaries' Association- voted Friday to support a teachers strike and to stay away from work only if the union could guarantee salaries would not be cut. But said it could not meet the demand. The 250 secretaries and clerical workers then voted! to work if there was a strike. The contract offered by -the board. provides for pay increases "except as ey is available." The board has also declined to grant teachers' demands' for guaranteed maximum class sizes and for binding arbitration on grievances.

Gary. has 2,246 public school teachers and 48.900 pupils. cent on clothing and 40 per cent on household "reflecting the company's "concern about the squeeze on customer pocketbooks and Sears said its winter sale book contains "some: of the same merchandise" that is in the firm's regular catalogue. Ward said its sale calogue: contains to 80 per cent" of the same wares. Both firms.

reported sales volfume from retail store and logue, Christmas operations for shopping the period fourwas a record 7.8 per cent greater than the same period in: 1968. a said sales a were $1,130,713,688 and Ward reported $273.2 million. Spiegel, the No. 3 mall order retailer, declined to on any impending price cuts in its 1970 catalogues. But a spokesman added: "Our.

prices have: to be competitive: Otherwise we couldn't stay: in bust ness. British ho hum. or just ageless? American Stock Exchange 3 NEW YORK American, Stock Aerojet Air West Ajax Ma Am Petr AO Industi Ark Best .30 ArkL Gas. 1.70 Asamera Oil AtlasCorp wt Barnes Eng BrascanLt la Brit Campbi Chib Can Javelin Cinerama Creole P. 2.60 Data Conte DillardD .100 Dixilyn Corp Dynalectro Equity Corp Fed Resrces Felmont Oil Frontier Air Gen -Plywood Giant Yel.

.40 Goldfield Gt Basn Pet Husky Oil .30 Hycon Mfg Hydromet! Imp Oil ITI Corp Kaiser in McCrory wt Mich Sug .10 Midw Fini 20 Mohwk Data Molybd 1.96f Neisner Newidria Mn NewPark Mi Ormand 'Ind RIC Intl Ind Saxon Indust Scurry Rain Statham Inst Syntex .400 Technico Wn Nuclear Copyrighted (AP) Friday's selected -Exchange prices: Net (hds.) High Low Close Chg. 10 41 27 19 32 345 332 237 62 10 49 168 12. 3 4 261 27 15 11 97. 162 385 103. 12 459 80 28 168 21 121 89 46 33 25 252 1060.

40 109 66 31 101 53 by The Associated Press 1970 Treasury Bonds NEW YORK (AP) Closing over the counter U.S. Government Treasury bonds, bid, asked, net change and yield for Friday. S- 4s 70 Feb 99.14 1 99.18 7.94 70-65 90.26 18.30 8.18 43 70 Aug' 17.0 97.12 71-66 93.11 93.26 0.04 71 13.24 8.05 71 92.3 12.16 1.31 45 72 91.20 91.28 0.28 72-67 Jun 87.10 87.26 4s 72 Aug .90.2. 90.10 4 8.20 72-67 Sep 86.4 66.12 0.24 72-67 Dec 85.4 05.12 8.19 86.16 86.24 73 86.8 86.16 8.27 85.16 05.24 8.28 85.0 05.16 0.28 82.20 $3.12 8.08 80 72.20 73.12 68.4 68.20 64.8 65 7.40 85 64 64.24 7.04 85-75 .72.24 73.16 7.11 90 64.16 65.8 4.66 12-47 70.4 70.28 6.79 66.20 67.20 4.77 94-81 61.20 40.20 6.77 33. 95 64.12 65.4 5.61 64.16 65.8 4.12 6.06 Prices quoted in dollars and 3nds.

Subject Federal taxes but not to State incarna. got leges agers the own ply out 21 the a at at up 27 -the as or Reand ers vate LONDON (AP) Everyone excited about privifor. British youth -with the apparent exception of the teenthemselves. Parliament voted 18-year-olds right 3. to sell houses, -vote, land, make wills, sue, apfor passports, marry with-7 parental consent and buy on credit without a guarantor.

This happy situation for three million between 18 and years of age began with the start of 1970. The surprise was lack of excitement the instant adults have shown so far. -They haven't rushed off in great numbers to get married. They haven't assaulted London stores to buy. on 1 the installment plan.

Instead of a rush of young lov. to the registrar, the Marriage Guidance body with state backing which has been campaigning to educate youngsters for marriage, reported a big jump in young callers wanting to: set up divorces. "I can't account for it," said a council staffer, "it's, after, all, season. when they. should be especially loving.

But they. werIn Lambeth only 21 couples have made the walk to the marriage registrar and -in prosper-: Kensington in the West End had taken that step. Romance -was dead in Bethnal Green and at Caxton Hall, Westminster, where a spokesman said: "We have had very few tentative inquiries over the past months but there was certainly one waiting on the doorstep this morning." Even a new laws can't stop parents being Sandra Sephton, 18, of Miles Hill View, Leeds, had an easy time with her Kevin plan to Loveday marry of 19-year-old Aberford, old Yorkshire, a "My. parents didn't want me marry -but when my and I said we were' determined and" would take advantage of being allowed. to marry.

at 18 without their consent they gradually came round." It was too soon to fill out a death certificate, for Gretna Green, century -old Scottish haven' for the lovelorn, but Registrar Bob Hastings was philosophical. "Now I expect all the couples coming -from -Europe who usedcatch 'a train to Gretna will, stop at Dover and Folkestone and get married there. will still have 100 couples a year to marry, those of 16 and 17. who still can't get permission -in England but soon even the law in Scotland may be changed." The age of consent in most European. countries is 21.7 There was no.

evidence that: youths suddenly. had been seized with any mad urges to buy on credit. At Harrod's a spokesman said: "No, there's no rush. A few. I don't know how many." A Selfridge spokesman echoed this report.

Gamages also had no rush of credit seekers. 113 235 Dow Jones Averages New York(AP) Final, Dow- Jones averages STOCKS Open 'High Low Close Net 30 Ind 802.06 $13.56 797.32 009.20 8.84 120 Trn 177.46 181.87 176.91 181.07 4.73 UN 110.70 112.73 110.27 112.25 2.17 65 Stk 264.15 268.67 262.70 267.36 4.40 Transactions in stocks used in averages: Indus 641,100 Utils 117,500. 65 Stk $74,800 BONDS 40 Bonds 64.43 10 Higher grade rails 53. 41 10 Second grade rails 0.04 10 Public utilities 77.03+0.48 10 Industrials 'Income rails 14.5640.26 Commodity futures closed me.

Chronicle Tribune from Marion, Indiana (2024)

References

Top Articles
Latest Posts
Article information

Author: Prof. An Powlowski

Last Updated:

Views: 5353

Rating: 4.3 / 5 (64 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Prof. An Powlowski

Birthday: 1992-09-29

Address: Apt. 994 8891 Orval Hill, Brittnyburgh, AZ 41023-0398

Phone: +26417467956738

Job: District Marketing Strategist

Hobby: Embroidery, Bodybuilding, Motor sports, Amateur radio, Wood carving, Whittling, Air sports

Introduction: My name is Prof. An Powlowski, I am a charming, helpful, attractive, good, graceful, thoughtful, vast person who loves writing and wants to share my knowledge and understanding with you.