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The Pantagraph from Bloomington, Illinois • Page 45
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The Pantagraph from Bloomington, Illinois • Page 45

Publication:
The Pantagraphi
Location:
Bloomington, Illinois
Issue Date:
Page:
45
Extracted Article Text (OCR)

BOARD OF TRADE ICC Orders Changes In Rent-A-Train Tariff "4 i -1 Tka Rxm it Nil WMIAT law fie, fre. Jut i i 1 4 ihi 1 s', 5r '4 I i I 40 I i I St 1 COIN Jm I I I sw I i I I i 1 1 I 1.1, 11'. I I I I I I I I Id i V4 V' Jul By Al Hutehinon PanUgrjph Farm Wtr lent with if expred in th shippers on ftent-A-Trim ire ComniiMMi report in I Ku kri guaranlfod a 5 mile an hour No. 3'H5. firam Hy A- minimum upeed iVlwten fn a Mo ri iul Tlie nir rute Commercf iii n.

Train. Illinois Frtmht Asia-iral lilmuu nd live Gulf rru. I it I it I 1' I 1 I 6 tariff, since all Illinois Central tOVIIANS Ju4 i won "nnind one' In tlie haNle. i I 44 Km Railroad trains run at this speed, and faster. IC Is th carrier under the nent-A-Traia concept.

VI 11 W. 44 The ruling calls for three changes in the present tariff, but does not presently curtail operations of the Bent-A-Train schedule. Train No. 30 arrived in Paton House, I last 4J'4 Mado on May 18 in WaAh-lngton, the ruling wrved to all particd on June 10. It ordered the present jchedule fancelled without prejudice, ef- i OYIIN OIL Jul I tl I Other two changes call for an i addition to present tariff speci- I nf iTnuiaa.

mj (rrtixe on 30 days notice .1 mmlmtim numu. rl 7 1 it new ronis-s I'lrder thr consis-s nder the rent a-train tariff pre.nt tariff. VI Ml i Ik III (vi mi itf rvv i mi Mi. tOVUlAX MIAt In '9 Ort 'I ts 'I 4 'I II ii tun u.fc a ai 3 luiflj 'I H-nt ATrain fj.f change calls 'i a 'i for specified minimum rates in (the emit that minimum trainloads are not made. i '(no i.n id 'i no i 10 (fjl)c pailij antuiirapi) Bloominfjton-Normal, III.

June II, 1969 F-1 Jf'i it Mil Mar (. II 44 Vv 0 0 71)1 I a. is 70 liB 0 ti STOCK MARKET DOW-JONII STOCK AVIIAOIf (Wtymtdy CKin Ifock tmmil InmnirMit 0 up IV Jltm vo It If ItinaHtU All Are Tlie tariff went into effect Nov. 29, 1967, but subject to investigation by an ICC examiner. First Kent-A-Train left Gibson City last Oct.

29. Hear mgs were held in Springfield and New Orleans. La. by ICC Kxammer Jair S. Kaplan.

However, both sides of the Stock Market Gains Buoyancy Once Now corn with levee in background. STXH JOJ JI up il DOWgONIf AVKAOf 1 (Ttwwtav Cleilna tlock Avfo) lnaiiriti MS ') 5 11 70 iii 1 IHiliIlM IM Oil SKvin Cl Voion. NKW YOKK API 60 j.locks at noon was up 1 'argument teei tne recent near- Mock market, with brokers re- at 316 5, with industrials up 2 3. inR ln "HMr favor- it OOWJONIS INDUSTRIAll ifwrin oi pewcin iirain nm mo Tu hiinhncr riving rails un .9. nnd utilities lit) 14.

t' -i lot Ten of Uie 20 most-active is-, Pny. invatur, one of the op- it some buoyancy, continued AiliKl Cimifl Aluminum Co Of Am, Am4ritin C1 A T. A sues on the New York Stock 10 MI1 chance were lowtr. 9 were hich-1 that we won 'the first higher in fairly active trading 34 early today, although down a bit 4 4 5J0 14 4 40 uo tl i Amrkit TolMCCO AnArono aetM4hwn Stpl er. and 1 was unchanged.

from its earlier levels. round. Bob Pahs, public relations manager for Cargill Grain 33 4 47 I hryslrr Thirteen of the 20 nw.t-activel The Dow Jones industrial DuPool mo 137 4 at Minneapolis. chief lilmm Kodnk 7.1 0 issues on the American St in iJ1 average at noon was up 4.46 at Omra iikIi ic i Exchange showed gains, 5 were shipper on Rent-A-Train. said i 0vfl Fao0 mo lower, and 2 were unchanged.

890 19. mc low had been up at 11 a m. lO 7( IpH losses hv sliditlv luesaay uiai me ruling 11 "favorable to Rent-A-Train, and Gwwral w.ori 4 GoodvMir Tirt Intfrn'l Hurvmtrr .11 0 Intrn'l Njif.l 1 Inlrrn I Por it 4 JohnvMft'wiiiC' 'I? Owrnvlilinoi Ci 'I it less than 4nn issues. The market's advance was re- Grains II' 4 has no effect on our operations at tlie moment Fahs stressed that Cargill and Illinois Central nave until Aug. ,28 to either make the revisions recommended by the ICC or.

j3 garded as largely technical in 7o! nature by some analyst. The Associated FYcss average 7 Proctor r.amblt Sir RivtHKk 4 Sid. Oil Clif Ml Sid Oil o( N.J. "4 Swift Co 7.0 Co 19 4 Union Crbid 47 0 United Aircraft M0 S. Stfl 41 4 Wi-stlnghouso M0 WoolwortH 34 AREA STOCKS 43 7 S4 4 30 Gain Strength through their attorneys, file an apjieal of Die ruling "without prejudice." LIVESTOCK Admiral Corp.

Caterpillar 170 41 0 WO 34 0 17 4 V)0 V0 34 1 357 Tariff "Properly Written" irestona Gen. Tel. Elec. Illinois Power Co. 31.4 CHICAGO LIVESTOCK CHICAGO (UPD-IUSDA) livestock Wednesday Hon 3.000, Barrowt and sillk steady to hiooer; advance mcnllv on weinit under 7S0 lb moderately active.

No. 1 7 700275 lb. 77 00 2 7 25; 100 need al 1H(. fun 1.1 104.914 Ih HLM Hi hlrt CHICAGO (API Corn fu-L Interstate Nat'l 19 4 20 4 11.419 4 Vodme 4'0 47 Warcor (Montgomery Ward) 60 4 7 tures advanced I ivnt a bushel National union 30 .107 i Northern 111. oat Jl 31 3 700756 lb 7S 5O74 00; No 7 4 J407AO 4lb No 3 4 7 lb.

74 on the Chicago Board of Trade txlav. on active uining sliimi- Ralston Purina 0 btcak inane 11 it 4 IS 4-i 4 91 2HO-350 lb 23.24 74 00. Sow. Mrady in.rnn, 11 'in 75 h.gher, fairly active. No II 34 400 I Com Producls 37 7 ul ih unftolivi mi.

-nn- imw WHU IA 1110 WCillliei inn srFrcn; UIC Ull'tiry III Kent-A-Train. but believes irv tend that a tariff "properly written." could In- economically beneficial to railroads, grain handlers, ami farmers lint such .1 tarill hum useahle by many gram companies so that it will be a com- OUier grains also were en.rai soya its 20 75 71 74; No 7 3 5fO 540 lb 70 0- i nrt: un.ui ih t.nn.;orui ii rwv lllust- ere is most active stocks ioo hilicr ilixl sinlicans nifcW YOWr, (Ul'l) 15 mo'l v.rtnip s.auu. cdlVf- nunc iiauinv on artive slocks traded on Ihc- Ne York slaughter slwrs laniy adiv. early IlllXl'U Stock Encnanue1uosc.lv i si'aOy. lalet latncr siu.

steady to weak T) ..,.,..,.,.1. Sales Close Che 1 Heifers active, steady to strong, in' IDC MUllglll III I (till lUlllll'S 34 stances 25 higher tows slow; 74 to 40,.,. ilti'ihntivl In i-niim-l Hi .1 lower Hulls steady Prim. 1774 1400 Ih IS 10 I Wl 1 llt.ll Lopw's Theatre Caterpillar Tr WestinBhouse Fl Automation Ind Natomat 734 0O0 707.600 l8.000 171.000 147.900 141,700 50 1 S6'v I4'4 1I6' 1 39'. 75' 4 6I2 -J Readin9 A Bate! GtWest Fnel 137,300 Gen Tire 125,500 slaughter steers 35.75-36 24; high choice and prime 1150-1400 lb.

34.S-3S '4; choice 950-I37S lb. 33 75-JS 00; flood JO 50-32 75; standard and low gxxxt 28 50 30 50; hign choice and prime MO-1074 lb slaughter heifers 34.74-34 VS; choice 825-1025 lb. 37 mined good and choice Jt good 78.75-31 75) ulllitvand commercial cows 21.00 72.40; canner and cut. ter I8.4&7I 40; utility and commercial bulls 75.00.u727.50 Sheep none. Not enough of any class for a market leil.

cooler readings and good, scat- tered precipitation could be ex- The Commission noted in its pected in sections in the next that "the respondent ex-few days. ccpUs to the examiner's not or- Soybeans ap)eared to goring it to establish a renl-a-tlie benefits of this same report; train because it ears an since alwut '4 of this crop clill interval, between the cancella-remains to be nut tlii-i lion of the present tariff and the Old Aircraft 117,100 Pac Petrol 110,700 37 1. Avon Prod 107,600 153-M. Crossbred Steers are preferred by Norris Farms. CNA Pncl 103 000 74' 4 City Investing 107,700 78' Benijuet 98 700 77'.

Ampex 97.900 40' 4 STANDARD A POOR'S INOEXES ESTIMATED LIVESTOCK A.l,l,li.hm.,l i-M- SICIA. IIDIIC.n,.vrf Orrr'M I fH Af.O fAPI Htttr iMl stimat4 1 kL I IJUI 111 lis nil CHAI.IIUIU livestock Receipts for Thursoayr Early trade ill wheat was light.few' tariff, where it could be k. 'and prices were weak but. as nnm irain-rentai rates P) 107.76 4479 62 47 II am. Noon 1 p.m.

Pry close 98 34 98 71 97 95 (lie strength 111 corn futures mote irame 11 is Handling unturned up. wheat buying turned der tlie rates its present Mammoth Farm Toured By Pantagraph Farm Writer Florida and Georgia, with its level in the ditches, depending feature of the corporate en-; Havana An iiiinni farm I general offices in Ocala, Fla. on the situation needs. terprize. 45 69 45.44 67.37 62 41 107.32 PEORIA LIVESTOCK PKORIA.

Ill (API USDA I 7 ''IVI7IS Ih l.i,,fri, larilf 25 75-26 24. head .20 lbs 74 40, 1 3 IllOrC active STANDARD I POOR'S INDEXES Standard Poor's I 'V," 'i After iilxilll NEV YORK (UPI) an hour, wheal hourly indexes for Tuesday, SOWS 1-3 300 400 lbs. 22 0023 50; I 40O440 1 lbs. 70 24-22 00 to 'i cent a bushel high- (1941-41 equals 101. 475-lnd 30-RR 55-Ulil SOOStks Fundamental Corrections However, in the respondent' it a-llH nst inlimtium aut i 1 aaa.

444U iVAt? Ml CATTLfc 134; choice 9001,140 lb sie-'s In I corn was to of nearly 12,000 acres 8,200 Choice 840-940 11) hellers 10 40 Other Crop Barley Florida Steers Noon 10677 45 63 62.43 97.48 5l 50 97 37 1 pm 106 66 44 49 67.37 This operation is Hie saurce of Crops presently consist of 97 95 Close 107.37 44.45 67.41 Va- 10 minimum speed to. higher, July alld refun(J pn)vbi Jr rje was lower, July 1.15 and Cattle are fed corn and barley silage. Norris combines during corn harvest are equipped with a device on the discharge chute that catches shucks, stalks, cobs, and damaged kernels. corn and barley. There are 8,200 q.

iiruraiKT rrtAwisKis SPRINGFIELD, III. (API USDA -Interior Illinois hexj prices (itate-federallj 46.14 6772 NDEXES Prev Clooe 107 70 MARKET NYSE Index ASE Index acres of corn of which 55 per I I I a 1 t'lWlliK. Oils. I Id 1 411k: ilj IVtU" Receipts 17.0007 1 3 190-730 to. bufctiers acres in corn along with 3,000 steers in a feedlot, is unusual and interesting in itself, but to be a smaller part of a farm series under one ownership is truly amazing.

44 44 oft 0 77 24 775.75) J-3 lbs. 74 00 7 3 tw in. ii (.9 iimi uniiii higher, July 2(i4'. UPI Indicator the present crop of steers being fed at the Havana farm. Another series of cattle ranches is owned by Norris under tlie name Western Cattle Company.

This complex is in South Dakota 428 8 0110 28 740-220 lbs. 71 74-74. 40; sows 1-3 300 400 H5 46 PC Off 0.98 PC 1 lbs, mostly 21 00-27 00; 1-3 400-500 IDs 73 off 5.43 00-2! 00 97 oil 0 cent is a full season variety, 30 per cent medium, and the remaining 15 per cent is an early season variety. This is then ensiled along withiws.ocks barley, and fed. PRODUCE a-lrain and regular rates, which were fundamental corrections required to be made in the examiner's report The without prejudice finding that a tariff he liled on 3D davs' notice will such a larm was tne mam FpprWe are.

nhtairwvl (i.m A rD A ll.l MCVAC CHICAGO PRODUCE fHKAI.O IAPi Merihanliie HUTTtR W'-oiesale buying price, 9i A A tt 9 A tO It 64. EAST ST. LOUIS NATIONAL SlOCKYARUb, III. 'APi Estimates for Thursday, Hogs 7,000, cat tie 800; calves 100. sheen 100.

HOGS- barrows and Bills 1 200-240 lbs. 25 00 244, 24 )24 ll. 2.124-74 00. 17 10 190 lbs 74 00 74.40; sows IJ Olhpr r.rnrs k- 7. Wttjn rMIIN IXCYJ and Montana feature last week at the summer tour of tlie Illinois Society of Professional Farm Managers "inhume linns ranches, calves at has completely replaced alfalfa tne ranches are kept t.onlined in in ihoir nnnrot i ni- UnnoAn or rti yu fly til i Site of the Havana farm was EGGS buirg nr.ce, MIUJCCl II 10 prolCSl, ailQ POSI rned'orr t.noafcl-.

juifcju uuo -yj; Doers I6LOU.5 a whites AT TL caves ISO. steers and ir, ii id or b-v' Norris Grain u- corrals tor three weeks prior to In, th? They learn to Iced Die suM-nsioil investigation and Rural Appraisers. The (P'hased moraine tour was at the Norris I about 1919 fs.rr.ils, MnWnn CM. uw ulcu I from a bunker and drink from a UW HLOOMlNGTON GRAIN (Cuurleyr Bioom nj-on Gian) Tlie IrjllOrtirq Quotation', the oi ciri rjrain prices at country e-vaicrv in the area eyed They are ba.ed uion the highest bids available including rail bids at ail termmjj anfl suhter-minat markets terved by flu1, area as well as trucx bids for river points. Prices will vary silqhtly due to normal differentials In transportation.

Rased on the late Wednesday morning otiotalions, elevaiors were paying about the following prices Zr lMl lecding operation with Farms near here. The afternoon took in three other farms, with sleady to weat 98 head cfKj.ce POTATOES t'. on lra- 194. nd olal 124 sh.pmenls I a- 1st 600 1.140 lbs. 30 00 34 00.

heilers average California long 440 and high choice 900 940 lbs. 37 50 33 00; California ro-ind reds i 5C good and choice sotso lbs. 78 00 j7 00, cows utility 70.50-73.00; bulij 23 4O 26 00; jj LOUIS PRODUCE Vi0.0Q,t sr LOUIS lAP, ggi coe.umer i fades: A large 79 37 A medium 21 'ii, A SHEtP-400i lambs mostly one dolierUm.n large 77 24 lower; choice and prime spring lambs to- wholesale or.d-s: ManrJ-rd 7171. trough, plus being handled. Norris officials claim this Yd5 Jul 1 ter resets at a lower cost, auvame jaj4.es pius Janu reduces shipping fever to' almost nil.

adjoining, made up a sportsmen's area used by the Mor Corn costs at Norris Farms in 1968 was $76.20 per acre. This does not include land costs nor i mi.ed oond 18 20. 20 Jl. pullet l. -WHEAT- each having a different type irrigation system.

Norris Farms is a wholly owned subsidiary of Norris Grain Corporation, and the Havana operation is one of a series covering some five tons. In 1920, the lakes were drain No I taxes, it was explained. High Energy Ration On arrival at the feedlot, calves are not fed hav. but for 1 and choice 7t 50 78 00, ewes 7 I 00. Hens heavy 12 13, l.gi-t o'r 5 lbs.

1 I 1 10; under it i 1 CHICAGO (UPM 1. ivestork Future I Rrourrs and fryer, too few to teoort Open High lew Latest Units iprires Live Beef Cattle- Inn 4 60 it 70 34 74 14 14' -CORN- No 1 It Fed Silage ed, levees built, and farming operations began. A series of -43ATS- The cattle feedina oneration l1 wpeks arc ff'(1 a hi8n No 2 Aug 3170 17 04 It 67 II 0 i77 O'l 1007 30 34 79 5 40 10" Oer 29 50 2V 70 79 47 75 4 619 at Norris Farms mav t-wW ration to overcome ill states. In addition to farming ditches now criss-crosses the SOYBt ANS Irh 05 79 14 28 V0 71 it? No 1 Froi.n Pont 1t.1i1.s- and cattle feeding, there is thejmain farm. A pumping station same eyebrows on many cat- effects trip may have caused Norris Cattle Company i raises and lowers the water tlemen.

but it is a navine 'ost catl'e are crossbreeds. )' '4 0 36 '0 14 14 VI tin HEIN0LD chicago cash grain Chicago api ahfai i.o Auo 14 40 34 '0 jl 4 14 lr rh 1 IS 34 44 11 t-'e. 6S '4 14 40 4 l.SA Firm has experienced faster ye Oft l.jip; No 7 reJ I i 0 V. A A', ef! COPN No. 7 venow I 7V OAT5- No 2 ex're heavy ifr- SOYRF ANS No I renew 2 SQVfiF AN OIL Judge Holds Firm On Sentence Pr, 00 2l 05 '0 -2 20 21 gains with crsssorcd animals than with purebreds.

Breeds found at the farm are Hereford. Angus. Charolais. Santa Ger-trudis. and Brahmas.

Norris Farms docs considerable contract feeding for both farmers and packers. Customers are billed monthly for feed, and usually do their own marketing Norris cattle eots averate 23 4- h-r jFor Vvlyy Today SPaiNGF IE LO LIVESTOCK II a I'- 871 40 7 74; 2 46 ir :4 44 c'or- S2f r-f tf Associate Judge Wayne C. Townley Jr. declined Wednesday to recoTLsider a 15day jail -re XM sentence gave Monday to cents fr pound, and raiilr are Lloyd E. Schwartz.

69. nf rural SJ'd to packf rs tho farm .4 ILLINOIS STATE At ASSOCIATION Credit Union Paying 5 Danvers. Hedging is ofn ua--d to in" a pra'it. arj pro was sentenced for selling to two 19-year-old last Nov. 20 at r.

Schwartz's Tavern" wuth rrf rnflPr Ct 5 )'; im dividend w-41- df Lircd fr.e areho d'T1 '-f dTett'trn Eureka FHra' Credit trim State May Pay Funeral Bill Danveix. Mv husband barf rrak Mmday By Mower SchwaTj asked Tueslay for; the review of his stoncej enough to kp a r'-f crr wii heads kit he mvs tf.a? hp a'tf Edrj Wilvm r.f Tr divideTtd is paab Jur id pridprt Earl Fvav- EL PASO, ILLINOIS EVERY THURSDAY NIGHT 7 P.M. SELL CATTLE--HOGS-SHEEP We ore ovoiloble Monday through Sovf-day to look at your livestock on yowr form. A comootitivo war he for all claiiet of liveitockl Alreody Consigned To This Week's Sole Vfntr flfu tfr etfrimj TV, to fcon to tfiftjt, llrifrrt tsr.ftiifif TV, lt '0 IS. i til etii tlfd frnm.i.ne' frfn Call us anytime at El Paso Phone 57 or 61 Reload leH, Mar.

Irt feller. Aurf. was sranng mat he cm not tot4iSbert(jaa Noraa! tlrtnatrsr Ball nur in e-we mmJI i tiocalJy TJ beer to minors and ejutwI MorrJay r.erjrg as r- brr''-h" sv clairrur? that the nuryirs had sjr? ttTT)ira tr rrrynp a aM pav v- r-Hr 5 f-rra' New Library Meeting topic trn tr at leatt 21 yoar? cM. mnr at hr Srrar7 aly mk! TiiMn Ntma' rV s. that the jtate? ancryt rtfiri ''on v.

P.ra rerr-ryrcW pryw) for tUf- S1- -n. JurJtp rj rt eflwr, TjS Vnr-rs' pr. to -Tin. -r- ij' H. 1- V-rr-a' tv- a dl'rutif (J -fr.

a rj-l! Receives Church Award i9f Stew DfjvttJ SotteJers. left, Neerrsel Trtet) 1, rsv eeftritsf thmth Pre Dee ef Srevrt-Metsrin Meet TKe lirtKttetjfi Otsfxi mm4. sarettf fBvitJ fe rt-cK I f-e i Marriage Ucerses 'S i' Dtct Tnrr-j a ktstrtfjfe. srtr (JfteJ 4trvice. tS tf Mr.

mrt. Herbert SerMtitm, 201 S. AtfettjitJe. Nerw. js, a C.

-'rj Snrats and Lr-f.

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