Galesburg Register-Mail from Galesburg, Illinois on June 19, 1973 · Page 27
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Galesburg Register-Mail from Galesburg, Illinois · Page 27

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Galesburg, Illinois
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Tuesday, June 19, 1973
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Page 27
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Market Reports Today Oriln Futures CHICAGO (UP1) - drain range: High Low Close Prev, Wheat .Jly Sep Dec Mar May Corn Jly Sep Dec Mar May Oats Jly 286% 276% 283% 277 285% 273 281% 278 285 274% 281% 278% 281 273 277% 274% 232% 222 222 212 ' 212 202 211% 201 210 201 (old) 101 98 232% 222% 221 212 209 203% 207 203% 207 203 03% 99 Oats (new) Jly 101% Sep 105% Dec 107 Soybeans 97% 0B'A 101% M% 98% 103% 103 104 105% Jly Aug Sep Nov Jan Mar May 1160 1080 1065 1025 859 805 652% 600 648% 509 644 598 643% 593 1140 1115 1065 1025 859 m 652% 612% 647% 608% 643 604 643 603% READ THE WANT ADS! Mtreantllt Ixefiangt CHICAGO (MM) - Futures on the Chicago Mercantile Ex change today: High Low Close Prcv, Live Beef Cattle Jun ' 48.02 47.80 48 .00 48.05 Aug 47.30 47.07 47.10 47.35 Oct 47.10 46 .80 46.95 47.00 Dec 47.15 46,77 46.90 46 .95 Feb 47.15 46,82 47.05 47 .10 Apr 48.72 46 .50 46 .75 46.70 Jun 46.65 46.45 46.60 46.55 Live Hogs Jun 41.00 40.67 40.90 41.00 Jly 41.70 41.30 41.45 41.55 Aug 40.87 40.50 40.52 40.80 Oct 40.40 39.85 40.07 40.05 Dec 41.25 40.72 40.85 41.00 Feb v ' 41.75 41.25 41.40 41.65 Apr 3975 39.35 39.40 39.70 Jun 40.00 39.85 39.90 40.00 Jly 39.60 39.00 39.60 39.70 Frozen Pork Bellies Jly 58.22 57.49 87.80 57.85 Aug 58.30 57.40 57.40 67.70 Feb 59 .15 67.65 66.90 67.65 Mar 58 .75 67.50 68.55 67.25 May 57.85 „ „ 57.85 56.60 N«w York Sfaeki NEW YORK (tIPI) - Stock market midday pttetoi Admiral 8% 111 Pwr 27% AfldChem 81% Inland SUM Alld Mills Wk IBM 813% AHd str«24 httimm Alii* Chat m M NM 27% ' READ THE WANT ADS! C VflLKMMItf •* »*t »W». MS. Alcoa 58% Am Air 12% Am Can 33% Am Cyan 23% Int Paper 94% M T&T 30% Johns-Mn 20% Kenneeoft 23% V. S. Monetary gtocb Make Policy Key On Exchange Galesbura Register-Moll, Galesbufg, III, TuesdqvtJurie 19, 1973 27 29 Are Indicted In Bank Fraud AmElPwr 26% Keys Cons UV* Am Mtrs 7 Kfesge 35% Am T&T 50% Kroger 16% Anaconda 17% Lib MCN 4% Ashl Oil 26% Litton 8% It makes a Volkswagen more beautiful than any other economy car. Every Volkswagen is guaranteed for 24 months or 24,000 miles.*Most other economy cars are guaranteed only >12 months or 12/000 miles. We may not be the most beautiful economy car in the world. But we have the most beautiful guarantee. *lf an owner maintains and services his vehicle in accordance with the Volkswagen maintenance schedule any factory part found to be defective in material or workmanship within 24 months or 24,000 miles, whichever comes first (except normal wear and tear on service items] will, be re-j paired or replaced by any U.S.' or Canadian Volkswagen Dealer. And this will be done free of charge. See your dealer for details. GALESBURG VOLKSWAGEN, Inc. 2181 Grand Aye., Galesburg ® AUTHORIZES DEALER Lockhd m Mar Oil 28% Maytag 26% Merck 60% Minn Min 82% Mobil Oil 65% Monsanto 49% Nat Bis 48% Olin Corp 13% Outbd M 31% Owen&lll 31% Penh Cen 1% Penney 79% Pepsi Cola 79% RCA 22% Rep Stl 23% Revlon 61V* Safeway 27Vz St. Regis 36 SanFelnd 23% Sears 93% Shell Oil 50% Simmons 19% So Pac 31% Sperry. 38% Std Bds 51% SO Ind 85 Stvns JP 27V4 Stude 34% Texaco 34% Tex Inst 93% Un Carb 35% Un El 17 Utd Corp 8'/a US Gyps 21% US Stl 28% West Un 19% Wstghs El 34% Weyerh 57% Woolwrth 22% Atl Rich 83% Avco 9% Bea fds 22% BendlX Beth Stl 27 Boeing 16% Borden 22% Cap C Bdg 89 Catplr 55 Celanese 30% Cen II Lt 22 Cen Tel 23% Cessna 18% Chrysler 23% Cities Svc 45% Pfizer 44 Coca-Cola 141 Phil Pet 50% Colum Gas 29%Procter G 101% Comm Ed 31% Quak Oat 34% Comsat 42% Cons Ed 23 Cont Can 27% Cont Oil 31% CPC Intl 29% Dana 28% Deere 36% Du Pont 158% Eastman 130% Exxon 94% Falstaff 3% Firestone 19% Ford Mtrs 55 Fruehauf 26% Gam Sko 24 Gen Dyna 17 Gen El 57% Gen Fds 24% Gen Mtrs 63% Gen Tel 28% Gen Tire 18% Goodrich 21% Goodyear 22% Greyhnd 13% Gulf Oil 22% 111 Cent 18% To Economy NEW YORK (UPI) - "Mone tary policy, not fears over Watergate, is determining the fundamentals of the economy," according to Leif Olson, First National City Bank economist. He said monetary policy as well as fiscal policy is "moving ahead on a strategy line that had been determined before the Watergate affair developed," A panel of Citibank economists also discounted anxiety over Watergate as a reason for the recent attack on the dollar. Chicago Produce CHICAGO (UPlj^Cheese: Processed loaf 72.25-80.50; single daisies 79-83; Swiss blocks 80-100 lb Grade A 89.0092.50, B 87.00-90.50. CHICAGO (UPD -4J .S. Attof* ney Jaimes R. Thompson an* The equity and foreign exchange markets merely held onto the modest gains they registered in anticipation of President Nixon's controls message once the announcement was made, says The Lehmann Letter. "In the case of the equity market, the controls Involved an assault on prices and profits and in the case of the foreign exchange market, the potential limitation on agricultural exports and the absence of a statement advocating support operations for the dollar were disappointing to many," the letter says. Standard & Poor's The Outlook says, "The price freeze buys time in which the effects of restraints already in place can become more apparent, relieving the Federal Reserve of the need to further tighten policy." The letter says a period of consolidation should follow and the market register an upswing as fears of a new money-crunch and full-fledged recession abate. "Gradual ao cumulation of attractive values is justified," it adds. (UPI) Midwest CHICAGO eggs: Weak; unchanged to off 1; extra large 61 off 1; large 60 off 1; medium 55 off 1; pullets 47 off 1; standard 51 off 1; checks 42 unch. President Nixon's decision to bend to political pressures and impose a price freeze is "fraught with substantial risk and may well accelerate inflationary forces over the long-run rather than subdue them," says Townsend-Greenspan & Co.'s Business Outlook. The letter says bottling up demand-pull inflationary pressures "can only extend the inflation longer than would otherwise have been the case." It adds the effectiveness of the freeze is bound to be mitigated by anticipatory buying by both businesses and consumers. NEW YORK (UPI) - An early technical rally petered out, with the result that stocks were only slightly ahead in light trading around noon today on the New York Stock Exchange. Shortly before noon, the Dow Jones industrial average was up 0.75 at 875.83, after being more than JO points ahead earlier in the session. Advances edged out declines, 565 to 515, among 1,492 Issues traded. ' Turnover totaled about 8,200,000 shares by noon, against 5,600,000 shares in the comparable period Monday. American Telephone & Tele graph Co. warrants were most actively traded, unchanged at 5% on turnover of 94,800, followed by Addressograph Multlgraph which lost % to 12% on 82,700 shares. Chrysler was third, and fell % to 23% on 1,400 shares. Motorola added 1%. The firm raised its dividends on new shares after the recent dlstribu tion of a 100 per cent stock dividend. Glamors took losses. Xerox fell 1%, Coca-Cola 2, and J.C. Penney %. U.S. Steel dropped 1%, Bethlehem %, Inland %. Among retreating motors, Ford fell %, General Motors %, and Chrysler %. Oils moved irregularly. Superior declined 2%, and Halliburton %, while Standard Oil of Ohio gained 1%. DuPont fell 1 while Eastman Kodak added %. TWA dipped 1%. Other airlines fell in fractions. IBM skidded 2%, Honeywell %, Burroughs %. Aircrafts and rails edged fractionally lower. Minister Arrested WASHINGTON (UPI) - The Ftev. Paul Lindstfom, executive director of the Christian Defense League, was arrested Monday along with an associate as they tied to hoist protest signs and shout at Soviet leader Leonid 1. Brezhnev. nminced today (hat 29 persons have belli Indicted In connection with a $2,8 million loss of funds from the Steel City National Bank on the city's Smith Side. Thompson said it was one of the largest bank frauds In the htetofy of Chieago and probably the nation. READ THE WANT ADS! Markets at a Glance Stock* \fflr&t In moderate Catling. Bonds lower, U.S. government bonds alight- ly lower in quiet tmdlng. American stocks lower in moderate trading. Cotton Mms mixed. Chicago grain futures mostly higher. Cattle not established; top 45.26. Open Wednesday 9 a.m. to 9 p.m. Isn't it time we met ? After all, Country Life Insurance Company is almost 45 years old. And it's one of the biggest life insurance companies in the Unifcd States. With more than two billion dollars of life insurance in force. And nearly a quarter of a million policyholders. We're big in health insurance, too. Let's get acquainted. And maybe visit a bit about your insurance program. Country Life-one of the Country Companies. We're a little different than most insurance people. Your Country Companies, Agent COUNTRY LIFE • COUNTRY MUTUAL » COUNTRY CASUALTY MID-AMERICA FIRE AND MARINE • INSURANCE COMPANIES 98 N. SEMINARY — GALESBURG Phone 342-3168 F. E. B»u»y. cx.u. Manager Oalatbura Ph. 343-5715 John Blo«n Y«t«i City Ph. m-un Lavarna Banaon R.R. J, Dahlnd* Ph. tJM«l» F. E. (Ed) Mlddaugh Galsabujfl Ph. 343-4991 GALESBURG GRAIN MARKET Consumer Grain & Supply Co. Market may cither go up or down • by 1:30 p.m. when final bid arrives. 11:30 o'clock bid. No. 2 Corn (old) $2.23 New Corn . $1.93 No. 1 Beans (old) ... $11.30 New $6.10 READ THE WANT ADS! Only 07 1 pounds" 1 Less cutting attachments ^ Newest of the world's fastest selling chain saws o Easy to start, easy to run, easy to handle o Cuts 8" hardwood log In 6 seconds; an 6" softwood, log in only 3Vj second) t Takes up to 20" bar; fells trees to 3 tent In diameter Dow Jones Averages NEW YORK (UPI) - Dowll Jones 1 p.m. CDT stock averages: 30 indius 20 trans 15 utils 65 stocks 874.32 off 0.76 158.08 off 0.77 104.97 off 0.28 269.82 off 0.56 Receive A FREE Woodcutters Kit With The Purchase of A New $aw. S^E IT NOW AT Carl J. Blind Galaiburg Ph. 343-7913 Ei M. JoitUon Abingdon Ph. 4M -2174 Boba*i W««U Gelaiburg Ph. 343-3114 C. Wylla bblroal G»Uibura Ph. 343 3350 XtUh Kaller Ph. 4li-14a» V 343-2019 190 W. M*in St. Hate to see that evening sun go down? The rising crime rate shows that many people prefer to "work" under the cover of darkness. If you have a home filled with precious possessions, you'll appreciate Nite Lite service. It's a pole-mounted light that casts a wide beam around your property. It turns on at dusk, off at dawn—automatically. One flat monthly rental fee covers your complete Nite Lite service, Including installation, all the electricity the light uses and maintenance. For details, simply return the coupon below, IT'S OUK BUSINESS TO flfRVf YOU IITTIH ILLINOIS POWER COMPANY s • Illinois Fewer Company, 500 So. 27th Street, Decatur, Illinois 62523 J i • Gentlemen: Please send details on Nite Lite servlca for • my • home • office • •tore. J Name- Address. City .Phone. -Zlp— •ill

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