Wall Street closes unsure as markets drift lower
New York stocks and the Dow Jones average show muted gains and losses amid mixed signals. Traders watch bonds and commodities while the NYSE closes with little clear direction on the day.
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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Apr 02, 1968
Page
13
New York stocks and the Dow Jones average show muted gains and losses amid mixed signals. Traders watch bonds and commodities while the NYSE closes with little clear direction on the day.
AP report from Chicago shows hogs at 7,000 head with butchers steady to 25 lower and various weights priced from 17.50 to 23.00 per hundredweight. Cattle and calves steady with prime yield grades and slaughter steer prices listed. sheep and lambs also steady with several price bands. In Longmont Colorado Mayor Ralph Price reelected amid voter confusion, opponent Arnold Price, no relation.
New York trading hit a record turnover as President Johnson ordered a halt to bombing in North Vietnam boosting markets. Volume topped 16.41 million, surpassing the 1929 Black Tuesday level, aided by a Stockholm pact on a paper gold system and a bullish mood. Dow Jones index movements showed broad gains with few declines.
Local livestock market shows steady hog weights and mixed cattle prices with sows at 16.75 and ch steers and heifers at 24.00 to 27.00. Grain section notes varied prices for new beans 25.4, shelled corn 1.06 and oats, while Chicago wholesale poultry prices inch up to 27 for roasters and 28 for some turkeys.
Indianapolis hogs and cattle markets show limited gains and widespread liquidation on the Chicago Board of Trade. Prices for hogs 190 to 260 pounds range 18.25 to 19.85 per 100 pounds with steady to weak trends. cattle and calves mostly steady to down as traders weigh supply, demand, and Viet Nam era concerns amid a slow trading day.
Fragmented public sale notices list items including tractors household goods and full farm equipment. Auctions occur near Anderson Yorktown Pendleton and Fort Wayne with times around noon and 1 30 pm. Names like Bertha Swans sale and Kirks Auctioneer appear among scattered bidders and locations.
A collage of oblique fragments includes memoriam lines for Lyndon Johnson era figures, stray names like Robert W. Beem and Ramey, and references to painting, upholstery, and a mix of classified notices. The page also shows funeral directions, garden services, and numerous localized business ads, creating a chaotic, overlapping advertisement and tribute mosaic.
Advertising section details office hours and rates for classified ads. It lists price per line per day, three day rates, weekly rates, box numbers charge, minimum totals, and cash discount terms. It notes policy on timely insertion and classification by Anderson Newspapers Inc. and reserves right to assign proper headings.
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