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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Aug 08, 1963
Page
8
In New York trading the early brisk session lifted volume to 3.79 million as the three day rally paused with a 1.0 million share change. prices dipped to new lows with mixed results across sectors including steels motors mail order chemicals and airlines.
Chicago trade shows hogs steady in 200 to 240 pound range at 17.75 to 18.25 per cwt and 240 to 280 pound hogs at 17.15 to 17.5 with mixed lots and bulls at 19.0 to 19.5, while cattle and lambs also hold near recent levels. Market notes include veal 22.0 to 23.0, lambs around 20.0 to 25.5, and pork trades reporting minor shifts amid broader stock movements in New York and Paris summaries.
A UPI report from Washington indicates a bipartisan mood toward ratifying the Big Three ban treaty. Morton, GOP campaign chairman, forecasts about 79 to 15 in favor with six absentees. Leverett Saltonstall estimates roughly six Republicans and nine Democrats likely opposed among the 15.
Indiana Highway Commission chairman David Cohen ordered an investigation into a report that a state crew paved a driveway at a private home on the north side of Indianapolis while the family was away. George Goodwin is directing the inquiry.
DAUDED Parmanu said highway department executive director would call the crew in for questioning as work restarts. Roy Whitton said if locomotives tested could reach 75 miles an hour, crews and supervisors face firing. fines apply for improper work.
Indianapolis auction shows hogs 4,600 head with steady to slow demand. Prices vary by weight with 180 to 230 lb hogs at 18.00, 260 to 280 lb around 17.25 to 17.75, sows 14.50 to 16.50. Cattle and calves weaker, steers slow to sell, heifers moderately active, cows steady. Vealers 25.00 to 28.00. Sheep active at 18.00 to 20.00 for lambs and 3.00 to 5.00 for ewes.
Indian Head Mills Inc announced it will cash purchase Waldrich Co of Clifton New Jersey, a textile dyeing and printing firm with 700 employees and about $10 million in annual sales. The deal aims to acquire Waldrich’s synthetic fabric dyeing and printing operations. Grain market bids from Indianapolis mills show No 2 red wheat 1.61, No 2 corn 1.43, No 2 oats 1.13, No 2 yellow soybeans 22.3 per cent moisture.
COLLEGE POST David Troutman has been named superintendent of buildings and grounds of Anderson College by President Robert H. Reardon. A graduate and two year maintenence staffer, he will direct the college’s broad program of activities. His father, D Raymond Troutman, is comptroller at Warner Pacific College of Portland.
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