Galesburg Register-Mail from Galesburg, Illinois on June 19, 1973 · Page 29
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Galesburg Register-Mail from Galesburg, Illinois · Page 29

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Galesburg, Illinois
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Tuesday, June 19, 1973
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Page 29
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Market Reports Today Grain Future* CMtOAGO (UM) -drain range: High Low Close Prev. Wheat Jly Sep Derj Mar May Corn Jly Sep Dec Mar May Oats Jiy Oats Jly Sop Dec 107 Soybeans 28W4 2m4 284 280 278% 283Va 277 285% 273 281% 278 285 274% 281% 278% 281 273 277% 274% 232% 222 232% 222% 222 212 221 212 ' 212 202 209 203% ,211% 201 207 203% 210 201 207 203 (old) 101 08 98% 90 (new) 101% 97% 98'A 98% lOBVi 101% 1WA 103% 103 104 105% Jly Aug Sep Nov Jan Mar May 1160 1080 1065 1025 859 805 652% 600 648% 509 644 598 643% 599 1140 1115 1065 1025 859 &19, 652% 612% 647% 608% 643 604 643 603% Mercantile fixefcange CHICAGO (UPI) - mutts on the Chicago Mercantile Ex change today; High Low Close Prev. Live Beet 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 46.72 46.50 46.75 46.70 Jun 46.65 48.45 46.60 46.55 Live Hogs Jun Jly Aug Oct Dec Feb v Apr Jun |Jiy Frozen Jly Aug Feb Mar May READ THE WANT ADS! New Yerk Iffteki NEW .YORK (UW) - Stock market midday ptimi Admiral m fit Pwr 27% AjtdCheni u% Inland SttM Aiid mit m lmjim Alld Stra 25 Int tfarv 26% 41.00 40,67 40.90 41.00 41.70 41.30 41.45 41.55 40.87 40.50 40.52 40. 40.40 39,85 40.07 40.05 41.25 40.72 40.85 41.00 41.75 41.25 41.40 41.65 3975 39.35 39.40 39.70 40.00 39.85 39.90 40.00 39.60 39.00 39.60 39.70 Pork Bellies 58.22 57.45 57.80 57.85 58.30 57.40 57.40 57.70 59.15 57.65 68.90 67.65 58.75 57.50 58.55 57.25 57.85 „ 57.85 56.60 READ THE WANT ADS! Allis Ghat i% Alcoa 58% Am Air 12% Am Can 33% Int Nlek 27% Int Paper 84% Int T&T 30% Johns*Mn 20% [/.S.Moncta -yStocks Make Policy Key slightGajn On Exchange Gqlesbura ..,R8aist6 ^o .!J7 ,..GgJfsbuffl > '. Tuesday, June 19, 1973 27 Am Cyan 23% Kennecott 23% AmElPwr 26% Keys Oona 14% Am Mtra 7 Kresge 35% Am T&T 50% Kroger 16% Anaconda 17% Lib McN 4% Ashl Oil 26% Litton 8% Atl Rich 83% Lockhd 5% Avco 9% Bea Fds 22% Bendlx 32% Beth Stl 27 Boeing 16% Borden 22% Mar Oil 28% Maytag 26% Merck 90% Minn Min 82% Mobil Oil 65% Monsanto 49% To Economy NEW YORK (DPI) - "Monetary policy, not fears over Watergate, is determining the fundamentals of the economy," according to Lelf 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. It makes a Volkswagen more beautiful than any other economy car. Cap C Bdg 39 Nat Bis 46% Catplr 55 Olln Corp 13% Celanese 30% Outbd M 31% Cen II Lt 22 Owen^-Ill 31% Cen Tel 23% Perm Cen 1% Cessna 18% Penney 79% Chrysler 23% Pepsi Cola 79% Cities Svc 45% Pfizer 44 Coca-Cola 141 Phil Pat 50% Colum Gas 29%Procter G 101% Comm Ed 31% Quak Oat 34% Comsat 42% RCA 22% Cons Ed 23 Rep Stl 23% Confc Can 27% Revlon 61% Cont Oil 31% Safeway 27% CPC Intl 29% St. Regis 36 Dana 28% SanFelnd 23% Deere 36% Sears 93% Du Pont 158% Shell Oil 50% Eastman 130% Simmons 19% Exxon 94% So Pac 31% Falstaff 3% Firestone 19% Ford Mtrs 55 Fruehauf 26% Gam Sko 24 Gen Dyna 17 Gen El 57% Gen Fds 24% Sperry, 38% Std Bds 51% SO Ind 85 Stvns JP 27% Stude 34% Texaco 34% Tex Inst 93% Un Carfo 35% Gen Mtrs 63% Un El 17 Gen Tel 28% Utd Corp 8% Every Volkswagen is guaranteed for 24 months or 24,000 miles.*Mostother 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 Ave., Gales burg © AUTHORIZED DEALER Gen Tire 18% Goodrich 21% Goodyear 22% Greyhnd 137s Gulf Oil 22% 111 Cent 18% US Gyps 21% US Stl 28% West Un 19% Wstghs El 34% Weyerh 57% Woolwrth 22% The equity and foreign exchange markets merely held onto the modest gains they registered in anticipation of President Nixon's controls mes sage 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. 29 Are Indicted In Bank Fraud CHICAGO (UH)-U.S. Attar- ney Jafnes It. Thompson an* 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 accumulation of attractive values is justified," it adds. Chicago Produce CHICAGO (UPI)^Cheese: Processed loaf 72.25-80.50; single daisies 79-83; Swiss blocks 80-100 lb Grade A 89.00 92.50, B 87.00-90.50. CHICAGO (UPI) - Midwest 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 10 points ahead earlier in the session. Advances edged out declines, 565 to 515, among 1,492 issues traded. ' Turnover totaled about 6,200,000 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- Multigraph which lost % to 12% on 82,700 shares. Chrysler was third, and fell % to 23% on 66,400 shares: Motorola added 1%. The firm raised its dividends on new shares after the recent distribution 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 WASHINGT6N (UPI) - The Rev. Paul Lindstfom, executive difeetor of the Christian Defense League, was arrested Monday along with an associate as they tried to hoist protest signs and shout at Soviet leader Leonid I. Breahnev. mmi today that 29 persons have b&ri fiidkted in connection with a $2.8 mUUon loss el funds from the Steel City Na* ttonal Bank on the city's South Side. Thompson said It was cm of the largest bonk frauds in the history of Chicago and probably the nation. READ THE WANT ADSt Market! at a Glance Stocks kxwep lniriodep&tc Bonds lower. U.S. government bonds Blight- ly lower in quiet trading. American stocks lower in moderate trading. Cotton futures mixed. Chicago grain futures mostly higher. Cattle not established; lop 45.25. 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 United 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 COUNTRV LIFE • COUNTRY MUTUAL • COUNTRY CASUALTY MID-AMERICA FIRE AND MARINE • INSURANCE COMPANIES 98 N. SEMINARY — GALESBURG Phone 342-3168 F, E. BsHoY. CI..U. Managor Qtloburg Ph. 343-5715 John Sloan YBU» CHY Ph. 95S-MO Lavsrns Btnton R.R. 1, Dahlndt Ph. MM4H p. E. (Ed) Mld4augh Gtlaiburo, Ph. 343-4WI 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, pounds" ' 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 8" softwood, log in only 3!/ 2 seconds • Takes up to 20" bar; fells trees to 3 tent In diameter Dow Jones Averages NEW YORK (UPI) - Dow Jones 1 p.m. CDT stock aver ages 30 indus 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 Saw. SKIT NOW AT Carl J. BUn4 Guls«bura Ph. 343-7S9S E. M. 4wt»on Abingdon Ph. Ul-Wi Robert Work Galtibbfa Ph. 343-5IH C. WylU fablmtl G«leibura Ph. 343 3350 Klith KelUr Abingdon Ph. i %i -tm 343-2019 190 W. Main 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 OUR BUSINESS TO 1IRVI VOU i«TT«* ILLINOIS POWER COMPANY I Illinois Fewer Company, 500 So. 27th Street, Qecatur, Illinois 62523 • Gentlemen: Please send details on Nite Lite service for my• home Poffice ••tore. Name, Address. City ,Phone_ -Zip—

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