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Quad-City Times from Davenport, Iowa • 18

Publication:
Quad-City Timesi
Location:
Davenport, Iowa
Issue Date:
Page:
18
Extracted Article Text (OCR)

J8 TIMES-DEMOCRAT Monday, July 26, 1971 Davenport-Bettendorf, Iowa Union Stockyards Demise Nears Without Flourish members of the Chicago Livestock Exchange. They represent buyers and sellers in livestock transactions in the yards. Originally, the company had planned to go out of business Feb. 1. The Livestock Exchange filed suit to compel the company to continue operations until alternate facilities could be established.

This week members of the exchange announced formation of the Chicago-Joliet Livestock Marketing Center to replace the Chicago yards. CHICAGO (AP) Chicago's historic union stockyards, a major arm of the livestock industry, for more than a century, will go out of business Saturday. No special events have been planned for the demise of the 345-acre tract on Chicago's South Side, once a maze of animal pens and slaughterhouses which in recent years has become only a ghost of its former bustling -self. On July 31, for the first time in 105 years, the stockvards packing plants closer to farms and cattle ranches. The Union Stock Yards and Transit owner of the yards, cited a steady dwindling of livestock receipts in recent years as the reason for its decision to close the yards.

The company said operation of the facility no longer is profitable. Only cattle have been traded in the yards in recent months and the total number bought and sold has decreased to fewer than 15,000 a week, far under the number traded in former years. The stockyards discontinued handling of hogs in May 1970 because of declining receipts. Sheep receipts have been only nominal in recent years, Charles S. Potter, president of the stockyards company, said cattle receipts have decreased from 2,265,000 head in 1959 to around 860,000 head last year, with the decline continuing.

In its peak year 1924 more than 18.6 million head of cattle, hogs and sheep were sold in the yards. Caught in the decision to close the yards were about 90 commission firms who are rv: 1 ytiti will stand empty of livestock i I -i' Dow Shows ftrictly frnl Slight Gain V4 Ww OB 26 7 NEW YORK (AP) Stock market prices drifted slightly lower today in dull trading. But blue chips remained firm. Declines outnumbered adv- Bear Kills Denver Man GRAND LAKE, Colo. (AP) A Denver man was attacked and killed by a black bear Sunday morning at a campsite near Grand Lake.

He was identified as John H. Richardson, 31. His fiancee, Linda Moore, 27, of Van Nuys, was bitten by the animal, but was reported in satisfactory condition. Grand County Coroner trnwim ances on the New York Stock Exchange by four to three. However, the Dow Jones average of 30 industrial blue chips was up 1.53 at 889.31.

Analysts said the market was wandering aimlessly in the absence of significant news developments. MANY TRADERS had retreated to the -sidelines, they said. Steel, rubber issues, electronics, and airlines were generally lower. Motors, chemicals and oils were higher, while mail order-retail utilities, metals, and rails were mixed. Aircrafts were unchanged.

Fumes Take The 105-year operation goes out of business next Saturday. (AP Photo) Empty pens and 345 acres of weeds stand monument to the once thriving Union Stockyards on Chicago's South Side. New York Stocks xyz 101 116'4 1151 116 Va on lot.j. 1 NSW YORK (UPlT-Selectcd stocks on the New York Stock Exchange. Sales(hds) High Low Last Chg JT 4 d7 7 4 tail 71 28'4 7B'a 73 51 50'a 5 26 17 54 'a 54' 164 17 17'a XeroxCp .80 ZaleCorp .64 Zayre Corp ZenithR 1.40 8 2 49 II 115 34 346 27 V4 48 26' a 16 a 64 22' a 24 FlintkoteC I Fla Pw 1.68 FMC Cp .85 FdFairS .90 Ford 2.60 For Mck .80 FreptMn .80 A A 2 48 26 "4 16 64 22 23'a 35 19 38 38'a- ueorge tanson saia me animal 39 46 46 46Va ff Ku KrAtSior-ln.

4 55U 56 AcmeMk 2g 17 law of Richardson, G. II. 36 Fruehut 1.70 52 17'4 23 27 6 II 5 "This get-well card is signed by everybody but Ed Beamish. He's next in line for my job." Business Good For Jewelers 14' 155 GAC Cp.80 x3 NoA Rk 1.20 NoNtGs 2.60 NoStPw 1.70 Nort Simon Occld Petr 1 Ogden Corp Ohio Ed 1.54 OklaGE 1.24 OklaNG1.24 OlinCorp .88 Omark 4k Or Rckl 1.20 Otlt El Co 2 Oulbord 1 OwenCF .75 Owen II 1.35 PacGs 1.64 2P.i 20 14' 19 307 2 16 17 39-a SO' 23 Va 27 21' 19 'a 14 'a 19V't 40'a 42 44 126 6 47 46 40 'a 56 4 42 28 'a- 14 50 'a Va 26'4- 14 54 Vt- Vt 171,4 14 17 23'a- 27 2P4 19Va- 14J Va 19 V- Vt 42- 14 44 57'l Vi 25'- Va Vt 18- 12 35 5'a 63'a 'a 10' 23'e- 28 33'- 5 II 44 47 58'4 57'a Adress .456 Admiral Cp AetnaLf 1 60 Air Prd Air Red Alcan Aim I "I'AttegCp AtlyLud 1.40 Allg Pw I 36 Allid Ch 1.20 AlliedSt 1.40 AlllsCh.lSb 'Alcoa 180 'Am Hsj Am Airlt .80 Am Air Filter Brnd 2.20 -Aarcsf 1.20 Can 2.20 AmCyan l'4 Amtlec 1.70 Eiport Am Hoil .40 A Home 1.70 27'a 55 38 4 18 22 37 79-. 30 271 104 12 46 4 272 What They Mean All sales In hundreds (00) omitted except lor those designated (z) which are -traded In 10 share lots and carried in full.

DIVIDENDS: are annual rate unless otherwise identitied; la) plus extra; (b) paid last year; (c) payment on accumulated dividends; Id) declared or paid so far this year, no regular rate; (e) cash plus stock; (g) annual rate plus stock dividend; (h) paid this year latest dividend omitted; (i) per cent In stock; (k) per cent in stock paid last year; (q) in bankruptcy-receivership or reorganization; (s) capital distribution; (x) ex-dividend; (wi) when issued. FRACTION: (I) Indicates following figure it traction in 32nds; (8) indicates following ligure is traction in 64ths; (r) following figure Is fraction In 256ths; it) Indicates following figure Is traction in I6lh; (H) Indicates high for the year; (L) indicates low lor the year. 12 32Va 32' 2J 1 42 4 26 34 24 18 12 'a 35 5 63'a 12 53 15 15 85 20 738 118 II that jewelers traditionally reflect the state of the economy, primarily in the big cities. But in America's "heartland," business remained good throughout the last two years, he said. SbtNctoikimfji NEW YORK The American retail jewelry industry, one of those most beset by the recession in 1970, is beginning to glow again.

"Although we are still faced by many problems," said How 9 33 26 3 1 51 46 88 111 4 69 87 3 17 14 17' 4 39 50 47 27 55' 4 38 18 21 37 78 22 9 a 32 26 30 46' 87 38 9'4 17 29 "a 32'4 28 28 66 26 25 '4 76 23 23' 17 'a 32 20 35 85 2 24 28 50 24 75 15 69 113 44 245 27 38 37 199 131 19 10 25 140 12 91 32 57 31 486 13 22 21 31 (2 16 197 54 24 1 67 36 36 38 17 "4 tl'4 53' 22' 4 2I 13 21 22 32i 3Si 14 52'Ji 66 a 27J.4 68 45 45 35 'a 35 "4 28'. 6' 11 1 791 36 ''4 32 6 38 24 4 22V 44 'a 16 "a 40 Hi 17- 388 IB 'O 12 17' 36 23 68 3'k 13 38 4 164 62 a 2IH 13 1 21' 22 a 3I' 35 13 a 51 66 4 274 67 44 444 35 35 28 ll'a 78 36 32 "4 38'4 23 'a 27 44 16' 40 "4 17' 38 18 1P 16 36 23 11" 67 3 '-4 12U 56 38- Vt 17'4 62'3 5J'a 22 21 13 21 22 31 35'- 13 51V-1 66 a I 27 Vt 6 44 4-1 35 35 Vt 6 11' 79'a 36 '''4 V4 32' 4- ,4 6' It 38V4- i 24 '4 14 22 V4 44- 'a 16 4 40- 17 38 Vt 18' 11J- ItW- 36 23 67 3 -4- Vt 13 40'- 41' 10 28' 25 33 23 'a 18 12 Vt 35 5 62 'a 23' 77 33 Vt 58 39' 39 21 66 33Vi SI 187 97 38 38 9 33 67 Va 48 Mi 26Vj 16- '4 64 Vt 22 23 'A 36 a Wi 17J.4- '4 39 50 14 47 27- Vt S5Vj- 38 18 79 '4 22 9 Vt 32 Vi 26 '4- '4 30'a-l 51 46 87- 3B 9 Va 17'- 'a 29- V4 32- Vt 29 4 29 Va 66 26- Vi 25 Vt 26 'A Vt 23 2.1 Va 17J4 Vt 32 t4 26'- '4 22 52- Vt 20'- Vt 45 47 14 30 41- 14 39 48 14 Vi 48V4- 3 26 Va- 96V4- Va 31- lit 46 15Vi ACCORDING to Larry Pri- 58' 50 'a 74 39 ard I. Michaels, a Connecticut' gozen, president of the Time Wadell of Rowayton.Conn. James A. Randall, chief ranger at the nearby Rocky Mountain National Park, said he understood that Wadell had struck the bear in the face with a frying pan.

Coroner Carlson said Richardson had been mauled, but that death apparently was caused by a bite on the neck. He said Miss Moore was bitten on the back. Randall reported the area was sealed off, and a hunter and hounds had been called from Colburn, to locate the marauding bear. He said it wasn't known what might have provoked the attack. Pressure MOSCOW (AP) The Soviet Union expressed hope Sunday that President Nixon's planned visit to Communist China will be used to "ease world tension" and not to put "some pressure on the Soviet Union." 39 '1 21 39 39 71 66' 33 77 56 140 40 100 Chicago 'a- Vt jeweler, "business is better 33 'a 20 37 362 39 23 12 14 166 17 4 292 8 145 51 10 51 29 32 29 V4 29 67 26 25JA 26 23' 23 17 32 27 '4 26'- Vt 26 19 76V4 Livestock 85 106' 106 37 16 37'a 70Va 4 Pac Ltg 1.60 Pc Pet PacPwr 1.44 Pc T8.T 1 20 Pan Am WA Panhdl 1.80 Penn Cenlr Penney JC I Penn Dixie PennPL 1 60 Pennjoil .80 PeopGj 2.08 PepsiCo 1 Pliaer Phelp D2.I0 PhllnEI 1.64 PhllipM 1.20 PhllPet 1.30 Plllsbryl.44 Pitney .68 Polaroid .32 PPGInd 1.40 ProctGI lVa PuS Col 1.12 PSE8.G 1.64 Pullmanln2 PurexCp .84 Purolat 1.60 Ralston .70 Raylhon .60 RCA Corp I Rep Stl 1.60 Revlonlnc 1 Rey Ind 2.40 ReyMet 1.10 Rlegel .60 RivianaFd 1 Roan 1.51b Robshaw .70 RochG 1.20g Rockwl 1.40 RomHa 1.60 Rohr Cp .80 37'a 70 23 28 'a 36 76 70' 23'A 28 53i 20 71 130 26 53 GAF Cp.40 Gam Sk 1.30 Gannett .48 Gn AOI Gn Dynam Gn Elec 1.40 GnFood 1 40 Gn host Cp Gen Instr 2 GtnMiils .96 GnMot 1.70b PubU I 60 Gn Steel led GTE 1 52 Gen Tire ig Genesc I 70 Ga Pac 80g Gerber 1.20 Getty 1.13b Gillette 1.40 Glen Alden Global Mar Goodrich I Goodyr .85 Grace Wl 'a Grand .80 Grant l'i GrlAlP 1.30 Gt West Fin Gt WsUn .90 GreenGt .96 Greyhd Cp I Grummri 1 GuK O'l 1" OwMiWl -50 Hamm Pt 1 Harritlntp 1 HtlaV.n Mrmi 1 Henule Hrwriy 1 10 Heubiein .85 Mewltl .20 Hilton Htl I Moernrr .90 Hotl Electn Hoi Inns .25 Homestk .40 Honywl 1.30 Hoover 1.20 HousLP 1.32 Howmet .70 la III GE Idaho 1.70 dealBas.60 IllCenln 1.14 III Pwr 2.70 Imperial INA Cp 1.40 Ing Rand 2 Inland Stl 2 Insp Copp 2 I 5 20 IntHarv 1 40 Intl Mining In Nlckl 1.60 In) Pap l'i 62 9 20 3rd Life DES MOINES (AP) An industrial accident at Vy Lac-tos Labs, which took the lives of two men July 16, claimed its third victim.

Charles Latta, 39, of Madrid died Sunday at a hospital here. Polk County Medical Examiner Dr. Robert Connair said cause of death was brain damage suffered when Latta inhaled toxic fish oil fumes. Latta was one of five men-overcome by the deadly fumes while cleaning up a fish oil spill in the basement of the plant. Two of the workemn Stanly McGowan, 20, and James Kelly, both of Des Moines died shortly after the accident.

Two others, aside from Latta, were hospitalized in critical condition. Those two, Jack Simmer, 32, of Madrid, and Silas Boyce, 58, of Des Moines, were reported in good condition at a hospital Sunday. Henry's Forms Bi-State Board Formation of a new association of Henry's Drive In Restaurants in Iowa and Illinois has been announced by Francis Kapler of Waterloo, president of the new group. The association includes 27 independent Henry's operators located in 16 major cities throughout the two state area. Also elected to executive positions were Nathan Ander of Rock Island, first vice pres 4 22 22'4 7614 3 77 53 20 17 16 50 33 33' 10 45 "4 33 13'4 13 33 32 'a 47 24 3 30 40 36 33 66 Vt 65 Vt 109 862 78 22 123 54 48 113 42' 39 52 19 45 4 7 "a 30 41 38 48 76 13 48 26Va 96 II 48' 23 36 products group of Elgin National Industries, new technology, bold colors and more intricate dial faces will spur consumer interest in the watch field this year.

Elgin is hoping for a big consumer market reaction to two new approaches its "Swissonic" watch, which it claims to be the lowest priced Swiss electronic calendar watch, and official Disneyland and Walt Disney watches. In an annual survey of retail jewelers, the Bulova Watch Co. announced that the 64 per cent in a 500 retailer sampling said that sales volume since Jan. 1 are exceeding last year's and 69.3 per cent expect 1971 sales to top 1970's. Synthetic gems, due to get a big stress at the trade exhibit, have risen 20 per cent a year.

23Va 28'a Vt 53V4 20 33V4 '4 32V-1V4 24 66 '4 64- Va 22 4 17 32'a 5 Vt 40 2.1'- 3 29V'a- Vi 109 18 25 42 '4 373- Va among the members of our association in the last few months than it has been for the past 18 months. The rate of dollar sales is just about keeping up with inflation, and our members' unit transactions are flat, but that's better than the trend in both 1970 and 1969." MOST LIKELY, this will be reflected this week at both the New York Hilton and Americana hotels here where the country's largest retail trade convention will be held. Between 18,000 and 20,000 retailers are expected to attend the 1971 international trade fair and convention of the Retail Jewelers of America. Michaels, who is this year's incoming RJA president, said 17 77 3 32'a CHICAGO (AP) (USDA) Cattle slaughter steers steady to 25 higher; prime lb. slaughter steers yield grade 3 and 4 34.75-35.25; high choice and prime lbs.

34.00-34.75; choice lbs. yield grade 3 and 4 33.00-34.25; mixed good and choice 32.00-33.00; good 28.00-32.00; high choice and prime lb. slaughter heifers yield grade 3 and 4 33.00-33.25; choice lbs. yield grade 2 to 4 31.75-33.00; mixed good and choice 30.50-31.75; good 26.50-30.50. 24 65V4 64 22 17 32'a 5 40 23' 79 'a 109 1 8 "a 75 5' 92 8 30 14 11 125 I 26 14 48 26 96 31 40 "4 72 6 23 "a 29'a I 31 46 27 46 '4 1 109 15 Vi 2 15 49 19' 25 25 19V4 16 19- 42'4 17 42 RoyalCC .54 Royl 1.04b Salewy 1.30 8 14 9 26 1S3 2 23 33 51 97 7 57 276 78 45 1 10 213 3 120 56 4 41' 4 25 25 5 41 9 34 43 '4 34 '4 IB 49 41' 63 22' 75 "a 17 25 26 27 37' 13 33 63 14 39 "4 34 27'a II 21 39 "a 5 4 11 f'( 35 43' 18 '4 49 41 '4 6' 22 76 17'U 26 27 37-: a 13 11 34 64 15 39 ''a 34 II 22 48 ''a 37'4 37 35 43V4-35 18 49 11 41- 6 22 V4 14 174 25- 26 14 27'i 37'- 13 '4 II Va 34 643fc 'A 14'i ft 39ia 34 ID 27' 1 Vt 11 21'- Uti 47'- 'a 119JA-1 19 31 IB 36-Ur- 35- 14 14 S3 31' 18 "4 36 3544.

14 52 56 'A 12 22 2 33 46 5B 54 17 32 18 36 36 14 "4 56 27 35Va- t4 12 Va 28 te 23Va 3 5 'a 12 14 78 83 23 35 12V 15 28 83', Grain Futures Month High Low Noon Wheat Sept. 1.51'i 1.50V4 1.51V1 Dec. 1.55"a 1.54 1.55 March 1.57V 1.55? 1.57 Corn March 1.41 1.39'a July 1.45 1.43 1.45" Sept. 1.40 1.39: 1.40 Dec. 1.36Va 1.35 1.36', Oats Sept .67 .67 Soybeans Jan.

3.34 3.261A 3.31 July 3.40 3.36Va 3.37V4 Aug. 3.42 3.38 3.39V4 Sept. 3.38' 3.34Va 3.36V 56 'j 27 V4 39 3 27 39' 140 140-- 7 66 141 8 39' 17' Vit 17 7 17 120 297'. a "a 175 47 27 26- 26 5 788 124 II 33 33 18 II "a 3J- 34 18 66 IIVn 33 18 65'- VI 36 V-1 65 InlerslalePower 158 120' 119 264 Inl 1.15 Itek Corprtn 5 36 82 375 New Priorities: Huge Tax Bite? 48 3i' ID ld't. Janlzerj .60 65'- 25'a 25 59 Jewel CO.

41 58 '4 45 40 97 53' a 14 3 1 "a ITbc Nrto Dork 5Timf 11 27 3 4 45 40 98 53' a 14 3 1 Va 55 2 1 "a 87- 46 17 18 32 72 54 "a 34 22 SIV'a 41 74 14 79 26 82 44 7' 58 64 "4 79 87 45 30 59' 57 II 71 "4 871 46" 17 18 32 'a 71Va 54 34 22 51 40 74 13 28'a 25 82 "a 44 'a 57- 64 79' 87 45 30 59 57 11 220 92 93 3 57 18 45 21 49 122 17 33 10 22 1.18 IB 61 407 3 455 72 205 117 64 2 31 16 IB 21 "a 87 46 Vt 17 18 32- Va 72 54- 34 "4 22Mr- 51' 41 74 13 28'a Va 76 B21- Vt 44 "a- i 5B1 64 "4 79 87 45 30 59 Vt Vi 57 in 220 43V- Atkinson Market ATKINSON, III. Th butcher market was steady to 25 cents higher. Butchers 1-2 210 230 lbs. 21.50 to 21.85; 2-4 190 240 lbs. 20.75 to 21.50; and 240 270 lbs.

20.00 to 21.00. The tow market was steady. Sows 350 400 lbs. 16 25 to 17.00; and 400 500 lbs. 15.75 to 16.50.

Soybeans Are Higher CHICAGO (AP) Corn and soybean futures moved upward one cent or more on the Chicago Hoard of Trade today and wheat and oats rose fractional- iy- Reports that corn leaf blight was worsening in several states apparently accounted for the corn strength. Soybeans appeared to have independent strength based on the low stocks reported last week by. the Department of Agriculture, plus prospects of 66 "4 25' 36 49 14 32 24'. 37 49 59 7' 27 24 23 54 4 58 30 47 484 10 15 5 2 72 183 7 19 170 19 14 106 84 35 36 4 49', 49 75 75 14 14 31 31-'- 14 24 24'- 37' V4 49 49 4 59 59'- 7 7 27 77 24 24 42 Vt V4 44 44 20 20- 35 35 ident; Mrs. Dean Heppner of Clinton, secretary, and John Stasi of Iowa City, treasurer.

Elected to the board of directors were Thomas Henry of Dubuque, Herb Wolf of Des Moines and James Rimarcik of Cedar Falls. Dow Jones Averages 79 27 27' 21 42 42' 10 27 6 41 40V4 3 22 22 89 31 31'i 40 145 145 62 25 25 NEW YORK The average American taxpayer will have to pay $300 more each year if the United States is to make social improvements in the 1970's on a scale frequently proposed by those advocating a "reordering of national priorities," according to a New York University economist. 5tJoMln IV StRegil 1.60 Sander Asso Sang Ele .40 SaF Ind 1.60 ScherPIo .90 Schlum 1.40 Corp Scolt Papr 1 Sears 10 ShcllOII 2 40 SierraPc .80 SignalCo.60 Simm Co .80 SlngerC 2 40 SmithKfcF 2 SoCalEd SouthCo 1.26 SoNatG 1.40 SouPcl(lc2 So Rallw 3 SowslPS .74 SpRand SqureD Squibb St Brnd 1.60 Std Kollsmn StOICal 2 80 StdOInd 2.30 Std NJ I 80b StdOhlo 2.70 SterlDrg .80 SlewWn I 80 SludeW 1.20 Sun Oil Co I SunshMn .52 Sup Oil 1.40 Swill Co .70 Tandy- Corp Teledyne 3k Teneco 1.32 Texaco 160 TexETrl.52 TxGuSul .60 Texlnstr .80 Texlltll 1.92 Textron .90 Thiokol .40 ThrltlyD.70 Timken I 80 TraneCO .90 Transam .55 TranUn 1.20 Trans Air Triton 1.581) TRW Inc la 20lhCen Fo UAL Inrorp 44 20 35 AmHosp .26 AMetC 1.40 Amer Motor i' AmNGs 2 20 'A Smelt 1.90 Am Stnd .40 AmHT 2.40 Ametek .60 AMF Inc .90 Ampex Cp Amstar 1.70 Anaconda 1 Apeto 'ArmcoSII 1 AKms Ck .80 AShl Oil 1.20 Assoc Trans At Richtld 2 Atlas Corp Avco Corp jnct .50 UnkerOil .70 -fmqor Pn 4h lnd.20 Fd 1.16 bockm Al .60 .60 Bondix 1.60 'BenguM In tieth Stl 1.20 Slack Dkr 1 Boeing .40 UoiseCas .25 Borden 1 20 Borg Wr Bnst Ed 2 36 Bourns Inc Brnnlll Airy BriqgsS 1.40 firls My 1 20 Brit PI 'fr Shoe 1') "WWiswk .12 Bury 1.20 Btxid Comp .60 -Burl In I 40 Bur 1.12b Burrghs .60 Camp 1.10 Cn Pac3'-b PL 1.46 CarriprC .60 CaterTr 1.40 Colanese 2 Curttl Soya I CtrroC 0q tcrlain-t .80 CessnaA .60 ChmSPI 1.20 Chase Mn 2 tries Ohio 4 Ctir Craft Chryslr .60 Cin Gas 1.56 Ill Find 2 LiliesSv 2.20 City Invs .50 duvet I 2 24 CocaCol 1.58 Colgate 1.40 Collin Radio Collfitst 1 60 1.40j 4 bsl.76 Cm Solv .40 CmwE 2.20g Comsat .50 Con Ed 1 80 ConsFd 1 20 ConsPrght 1 CunsNO 1 88 Consm Pw 2 Contl Air Ln Cn an 1 60 Contl Oil Contrl Data Corn Cn prd .30 CPClntl 1.70 Crane 160 trowel 4k Crwn Zl 1 70 -Citrttis Wrt Cyprus Ms I n.niii Cp I Dart In Dayro 1.14 DayfLt 1 66 Deere fcCo 2 trt Wnt 1,10 tienntsn .60 DMf dis I 40 Oiam Shm 1 Dieboid .40 DiSneyW .20 Dr Pepr .40 DnmeMn .10 Dow Ch2 70 Dresser 1.40 Duke 1.40 Difnnl 2 DuaneL I 66 Dynamic Cp Fasro .90 Eastern Air fast Kod la 1 40 1 (tratp 1 20 ,0 in I In I fclhyl Cp 84 bxCel Faberge .40 FarlrM 60 FairrN Cm airtnd lib Firmpnl I ForsnVI .44 Fe'to Cp 70 Tirestn 1 60 Fi'slNS .751) Firming 17 30 7 27 43 3 270 Jel Pilot .88 JohnMv 1.20 John Jn JonLogn .80 Jones Joslens .70 JoyMlg 1.40 Kaiser Al 1 KC So Ind2 KanPLt 1. 38 Kelsy-H 1.30 Kenmetl .80 Kennecolt 2 Kerr Mc KlddrW 7' A KlmhCI 1.20 2.22d KnghtN Kopper 1.60 Kraltco 1.70 Kresge .50 Kroger 1.30 Lear Sle .70 Leh Pt .40 Lehm lh LihbyOwn 2 Lihby McNI Llqg My 2 Ling Temc (tin In JVjl Lockheed Loews Cpl Lone Ind I Lon StG 1.24 Lutky Sir 1 LukenStl .80 58 -1 45 V4 40' 3 97 Va 53' a 14- 31' '4 54 27V- 14 42'- 27 40V4- '4 22 3P- 145 Va 25- V4 30 3 43 66 Va 33' 4- 42 89 34 10 15' 16- 47' 1- 8 53''- 3 15- 57 29 77' a 17 8 30' 4 43 66 33 47 89 43 43 427 Davenport Grains (Ralston-Purlna) Old Corn J-3 Old Soybeans 3.36 New Corn 1971 J- New Soybeans 1971 3.10 Robin Hood) Old Corn '-33 Old Soybeans 3.35 Now Corn 1971 170 Now Soybeans 1971 3.11 2 15 62 58 66 34 47 90 By United Press International 30-lnd 70-Tr 15-Utll 45-Stks 75 I 42 75' 75 -a 24 24'4-' roou exnon uemanu. X18I 34 34 8A8.36 314.77 117 65 28.12 889.31 214 80 117.68 298 32 THIS INCREASE, diverting 28 28'- 25' 4 78 "4 36' 182 299 214 868 58 214.50 117.52 298 00 tin billion tft $4(1 hillinn frnm 35-'- 11 a.m.

Noon 1 p.m. Net chg. Pet. chg, 14 II be needed to help raise $100 billion a year more for public, sector spending than occurred in 1970. The widely discussed "dividends" from peace in Vietnam and from normal economic growth, he added, cannot raise nearly the necessary funds.

In an article published ln the latest Morgan Guaranty Survey, Lawrence S. Ritter, professor of finance at NYU's graduate school of business administration, argues against those who hold that reordered priorities can be painless. "RATHER," Ritter declared, "aft indications are that we you and I are going to have to make real sacrifices, most importantly in the form of a heavier tax burden, if the ends sought are to be achieved that sizable costs will be involved ought to be faced openly." 35 46 34 54 6 46 35 0 80 0 04 o.o 0.05 0.01 the consumer economy, would 15 103'a 103 103'- 26 46 46 46- 94 17 17 31 34 34 34 4 8 48 48'4 13 36 36' a 36' 14 37 23 74 131 37 36 37 In 277 66 65' a V4 33 26 76 41 48'l 47 48 6 4.1 43 41 II 79 29 79 "4 21 31 31 31 4 Vi 17 14' 14 14- 79 35 35 35 31 35 35'a- 30 55 54 54- Vi 46 35 18'- 18 18 738 106' i 107' a 37 108 74 61 61 61- 2B' 28''a II 15 16 101 15' 16 4' a 81 5.1 lb '4 76' 1 12 56 28 42' 4 17 15 16 47 8 53 15 27 121 57 29' 27 47 17 13 8 7 37 5 78 161 775 124 18 31 39 xl Rise In Machine Tools 10 73 Mslinialed Livestock CHICAGO (AP) (USDA) Official estimated livestock receipts for Tuesday arc 500 cattle and no estimate of slieep. American Slocks NEW YORK fUPII-Selecled slocks on 28' a- II- I 23 371- V4 17'- 43! 75' I 7fl' 36 1 4 ll' 11 23 37' 65 17 41 25 28' 35 10 22 82 18 158 13 252 757Va 252' devices 1(1 1 '4 38 "4 67 17 44 25 28'a 36 10 30 highly sophisticated that generally take 30 34' several' 1 39 8 8 Lyke Ystn months to build are the bas' 44 26 121 II 14 34 47 10 31 13 25 22 5J 34 "4- 47 10'- 3 31'- 17'- 42'4 11 II Mary I 24 43. 44 47 10 31 17 42 0 U-- ic equipment used to build nearly all other machines.

17 33 47 the American Slock Exchange. 37'- Vt 47 1 37V 47 176 138 8 44 16 49 Va 41 Va 36'- 1 4 35'l 20' 1- 11 21 9 16 49' 41 36- 32 20 "a 11V 44 44 33 47 18 74 43 75 36 70' 19 9 33 41 18 24 44' 4 36 '4 20 19' 4- t.t 50 5 21 6 43 4 12 24 36 126 33 43 18 74 44 25 "4 36 20 19 50 16 21 20 27 18 319 16 31 I i 15 44 9 53 I 46 706 16 49 41 36 37 3S' 20 II 44 29 36 28 37 38 17 63 22 29' a 48' 19 35 58 21 34 13 B'4 68 26 37 25 31 3S 21 21 65 75 33 UnCarbide 2 Un Flee 1 28 UnOCal 1 60 Unt'ac Cp 2 Unirnyal .70 Alrcr 1 80 UnBrand ..10 Utd Corp 50 US Gypsm 1 US Indus 60 USPIyCh 84 US Sml 7Sh UsSteel 2.40 US Top 1.20 UtdUtillt .97 Univ Oil 40 Upjohn 160 Utah Cst 80 UMhPL1.92 18 3S'4 58 21'a 34 1.1 8' 1 67 76 31 74' 3l't 35 21 20' a 64 73 33 la 41 95 73 31 76 35 27 35 35 252 II 95 19 60 90 40 240 7 OFFICIAL NOTICE 29 36'i 78 31 38 .1 77 29 I 361- 78 37 .18 I Va 3 4 22 291- 1, 50 5 MadiF 1.05b Magnav 1.20 Mar Oil 1.60 Marror .80 MarMid 1.70 MrshF I 10 MartMr I 10 Massey Fer May DS 1.60 MayerOs .60 Maytq 1.10 MtCroy I 70 MiOnD McCr 1.40 McGr HI .60 McLen 80a Mead Cp I Memorex Merc 220 MOM Inc MidSoll 1.02 I 85 MinnPI 1.30 Mo Pac A 5 MobilOl 2 60 Mnhvo 1 10 Monogram Monsnt 1.80 Motorola .60 MtStlel 1.36 MurpCo 1.20 13 108 34 31 1 70 68 98 'a 10 107 33 33 Vt ft' 69- 98 98 78' 104' 105 44 106 3 70 21 2 80 23 28 "a 28 'a- 23' r- 70 20'- had been down 46.5 per cent from the 1969 level. The National Machine Tool Builders Assn. reported today in Washington that new orders in June were worth $88.1 million, up from $71.8 million in May, and also a gain of 15.5 per cent from the June, 1970, total of $76.3 million. IN THE LATEST month, domestic bookings accounted for $71.7 million, while export orders were $16.4 million.

The domestic figure was up 11.5 per cent from that of May, while the foreign orders soared 120.1 per rent. Orders in the first half of this year were $.197 million, down from $537 million in the comparable 1970 period. Domestic bookings in the six months were off 24 per cent and export orders declined 35.9 per cent. The trend of these orders is closely watched by economists and other analysts because machine tools complex, cimr NEW YORK New orders for American machine tools, an important indicator of the future capital-spending plans of industry, rose in June by 22.8 per cent, compared to bookings in May. This moans the troubled machine-tool builders have put together two consecutive months of significant growth in the new-ordor rate.

The total in May had been a 27.3 per cent gain over that of April. SOURCES in the tool industry emphasized, however, that two months of growth did not constitute a recovery. Orders for the first half of 1971 still were lapsing 26.1 per cent behind those of the first six months a year earlier. But there seemed to be cause for moderate optimism. While orders still were depressed on a year-to-year basis, the slump was becoming less severe.

Bookings for all of 1970 65 14V 141 145 1 7 25 25 25 23 15 118 118 1IB- 41 23 23 9 36 10 9 27 68 Sairs(hds) Hioh Low Lasl Chg Aerolel .509 I 18 18 I8'- And Control 1 17 17 17 Am Pet 3 73 7.1' a J.l'a-a ArkLaG 1.30 96 78 27 28 Beverly Ent 177 13 11 13 1 Brascan lq 19 20 19 19- 1 Circle ,32 8 37 37' a 37 Clary Corp 1 6 6 6 Computes! 2 10 10 10' 4- Creole 2 60 36 73 23 73'- Day Mines 5 10 9 9'- Knu Cp 05d 4,1 4 4- I fed Resoiir 78 3 3 3- Ml felmonl Oil 19 15 15 15 Fml SB 7 75 75 "i ford Can 1 20 85 8 85 f-rontierAIr 5 5 5 5 Gen Battery 31 78'a 78 78- MuskyOI .15 12 17 17 17- la PL 23 J3 23 lneco Oil 36 9 Kaiser In 2K 109 11 11 11 Klrbylnd .36 1 71 21 21 ee Fnt ,78 30 30 30 30 tee Natl CP 7 7 7 AAchwk Airl 3 4 4 4 NwParkMn 39 4 3 3'-V Ofark Airlines 5 5 5 Onkien3 8b 1150 7 77 79 2 PatNW 1 04 2 15 15 15 rvtrirM.40 27 46 a 48 48 Pneum Uyn 7 8 7 7'- PurnoPt.15 17 8 8 8 RSC Ind Inc 14 4 4 4 ShattiKkDn 3 4 4'a 4 Srl'tronDe 57 13 13 13 Mntham Ins 8 16 16 Synte. .40 84 65 64 64- lethnlrlrln 36 16 15 16 Utah Syr .80 17 14 13 13 Weil MiLam 21 20 20 18 35 I 58' 1 2l'-- '4 34- 1.1 a 68 26 37' 75 31'- 35 ''a 71 "a- 20'- 64 74 33 "a 131- 13 16 21 75 71 71'- 73' a 34 46 8h' 4 21 554 1 15 87 4 76' t- 72-- 104 44 44'4- 48 II 17 17 THE LAG BETWEEN new orders for tools and shipments usually is in the range of three to nine months. Shipments in June were $119.1 million, an advance of 12.7 per cent from $79 million in May, but a drop of 37.2 per cent from $141.8 million in Juno. 1970. Deliveries in the latest six months were $541 million, a decline of 32.7 per cent from $803.5 million in the first half of 1970.

In a separate report today, the Machinery Dealers National Asn. estimated that sales of used machine tools in June were down 2.9 per cent from those of May. The group said sales in the first half were down about 9.2 per cent from the level in the comparable 1970 period. 17 6 I 134 7 37 39 61 9 77 68 55' I 35 9 44 78 27 17 77 38 a II'. 55'a 35 9' a 44 77 72 63 .99 1 J7 17 17 I 77' 1 38 IB 24 Kr- I 33 3 77 38 1 18 1 74 33 41 27 24 33 7 30 17 NOTICE PROBATE NO.

32621 IN THE DISTRICT COURT OP THE STATE OF IOWA IN AND FOR SCOTT COUNTY In the Matter of DAVENPORT MEMORIAL PARK PERPETUAL CARE TRUST TO ALL WHOM IT MAY CONCEiN: You art hereby notified that there Is now on tile In fhe office ot the Clerk ot the District Court of the Slot ol Iowa, in and for Scott County, the Tenth Report ot First Trust ond Savings Bank, as Trustee in the above cap tioned trust matter. Vou are further notified that tht said Court has entered an Order direct, ing that the said Report come en before it for hearing on the 12th day ot August, 1971 at 9 00 o'clock A.M., and that unless you then and there appear and show cause, If any thert be, why sad Report should not approved, an Order will be entered approving such Report and granting tho Relief request- OTTE5EN I OTTESEN Attorneys tor Trustee 106 Davenport Bank Building Davenport, Iowa 31 3IVt 42 4 41 77-19 SI Nabisro 2 70 43 27 19 4 72', VV 8 Varlan Asso 17 14 13 5S Vpndofo.60 7 35 VntorCCSO 4 17 16 9'- Va tire 1.12 144 21'. 21 44' r- WW 77- Walgreen 1 9 25 75 27- WarLm 1 70 4J 71 71 31 Wash 1 36 17 71 21 WrstAir 10 12 23' a 23' a $7' WsBanc 1 30 6 34 3.1 20 WUnion I 40 155 46 4Vt 40 West bit 0 115 8114 86 15 Wstvar 1 05 33 27 21 77 Weyerht 80 55 54 WhelPlttStl 16 15 15 38' Whirlpl 1 60 23 87 87' a 84 4 1 Wh Con 4S 27 26 a 26- WhiteMotnr 30 27 22'a 23 WhittakrCp 79 10. 10 15 WirkesCpl 2 44 44 IB'4- Winnl I 74 3 44 44 75 Woolwh 1.20 152 48 48 IB 10 16 39 57 20 41 It 21' a 38 84 4 27 23 15 IB 76 57 20 40 IS' 27 23' 38 Bl1 76 73 15 IB a 75 21 146 56 41 79 157 71 11 10 30 97 20 Nil Airl NatCash .72 NatUitttl .90 Natl Gen .20 Nil Gyp 1 05 NatSteel Natnma .25 Newberry I NfcnqEI I 56 NtagMo 1 10 NL liirtiivl I NorlolkWll 16 39 -34 I 1 15 34i- 52- 37 IJ 16 39 34 a 8 15 35 4 77 53 1 37' a 204 4 1 7 1 67 17 100 32 I 34 8 15 34 77 52 37 IJ.

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