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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Aug 07, 1964
Page
13
New York stocks fell sharply as traders grew nervous over Viet Nam era military buildup. Dow dropped 9.65 to 823.40, AP average down 2.8 to 312.7, with 728 declines to 342 advances among 1,334 issues traded. Bond markets mixed as corporate bonds fell while U.S. government issues rose.
Chicago AP reports steady to heavy selling in the grain futures market chips away at prior gains. Declines reach nearly four cents in soybeans and over a cent in wheat corn and rye as traders cash profits amid belief the Vietnam crisis may ease. Wheat at close 15s to 2c lower. corn 1-1½c lower. oats 14-55c. rye 133-2c. soybeans 2 54-3½c lower.
Chicago market shows hogs 1 2 190 225 lb at 17.25 to 17.75 with mixed weights. sows and heavier hogs listed up to 19.25 for 400 450 lb. Cattle scarce. slaughter steers around 23.73 for 1 150 lb, good lots 20.50 22.00, heifers 22.75 23.00. cows 12.50 14.23. Sheep: spring lambs steady 24.50 for 80 100 lb, 22.00 24.00 for good to choice. Indianapolis mills bid grain delivered by truck with prices: wheat 1.24, corn 1.13, yellow corn 1.07, oats 0.59, soybeans 2.31. Lincoln Highway remains 3,384 miles from New York to San Francisco.
Markets show hogs steady to 10 cents higher with classes listed from 00 to 240 pounds at 16.75 to 17.25 and up to 280 pounds at 16.25 to 16.50. Cattle are steady with choicest steers 22.00 to 23.50, good to choice 19.50 to 23.00, utility and low-grade 12.00 to 19.50. Calves steady at 20.00 to 23.00 for good to choice, with utility 15.00 down. Lambs steady with Choice Spring Lambs 22.00 to 23.00, Yearlings 16.00 to 18.00, slaughter sheep 3.00 to 5.00.
Prices listed show yesterday’s close with parentheses for bid and ask quotes. Stocks include American Tel & Tel, Comsat, Baltimore Gas & Electric, Bethlehem Steel, Brunswick, Chrysler, Dow, Dupont, Eastman Kodak, Ford, General Dynamics, General Electric, General Motors, Goodyear, Inland, Harvester, Johns Manville, Homestake Mining, IBM, Minnesota Mining, National Gypsum, New York Central, Norfolk Western, Pennsylvania Ry, Sears Roebuck, Southern Co, Sperry Rand, Standard Oil of New Jersey, Standard Oil of Indiana, Swift & Co, Texaco, Textron, Union Carbide, Westinghouse. Dow Jones Averages and approximate volume at close show industry figures.
Nai liana Farmers Organization president Oren Lee Staley returns from area meetings saying farmers will press for higher prices. The Corning Iowa report notes hog prices 5 cents higher and cattle steady with steers and heifers selling around 21.50 to 22.50, while farm grain prices list wheat at 2.22 and corn at 2.68 per bushel amid broader concerns over market conditions and livestock production.
Strong hog trend shown with hog carcass prices rising across weight classes while sow values stay steady to firm. Cattle and calves trade slow to active with steer prices 22.25 to 23.50 per hundredweight and utility cows 13.00 to 14.50, vealers 21.00 to 24.00, lambs 21.00 to 23.00, ewes 4.00 to 6.00.
Textron Electronics agreed to buy German industrial balancing machinery maker Treb ke Sate of Household Goods. Auctioneers note a real estate sale on West Indies real estate and a population figure around 175 million for the United States.
The People's Marketplace lists office hours, line rates, minimums, and monthly charges for classified ads. Rates include per line per day costs, cash discounts, payment timing, and format rules, with deadlines and credit policies noted by Anderson Newspapers, Inc. Phone 643-5371.
A compact listing of classified sections including In Memoriam Lost and Personal Notices transportation services business services and various product and service categories. The page enumerates common ad areas such as carpentry cement masonry funeral directors moving services tax service laundry and cleaning painting plumbing heating sewer cleaning and employment opportunities as well as sales goods livestock and pets.
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