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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Dec 03, 1965
Page
38
New York trading on Thursday showed a mild overall decline amid cross currents and heavy volume of 9.07 million shares. The Dow fell 3.01 to 944.59 as tax loss selling and profit taking weighed on high flyers, while General Motors and Ford posted mixed results in a generally weaker autos sector.
New York stocks opened uneven with the Dow holding gains while the broader market softened amid a wave of mixed earnings. Traders cited heavy volume on the New York Stock Exchange as investors weighed cautious guidance from several large corporations and expected economic data.
Public sale notices and dividend statements appear with real estate and livestock auctions listed. The document notes auctions for estates in Indiana and nearby states, with multiple dates and locations, plus stock and bond market summaries and a church council discussion on discrimination policies.
United Nations spokesman says Thant had no contact with principal parties about Vietnam. Cape Kennedy official notes Gemini 7 launch proceeding smoothly. President Johnson reiterates readiness to negotiate Vietnam unconditionally anywhere with peace as goal. Senate Republican leader Dirksen warns about political fallout from war talk in small towns.
The nuclear powered USS Enterprise known as the Big E went to war for the first time launching 118 sorties against Viet Cong forces in South Viet Nam. Two two man crewed planes were lost but both crews were rescued.
United Press International reports ITT discusses acquiring American Broadcasting Co to form a firm with about 2 billion dollars in annual sales. In October, durable goods demand boosts new factory orders beyond September. December auto output is set for 920000, a potential monthly record. U S mutual funds attract foreign buyers with 280 million in shares sold abroad, up from 115 million and 62 million in prior years.
Hogs range 25 to 50 cents higher with 206240 lb yearlings noted. Weights 240 to 360 lb span, Roughs around 21 to 22 dollars. Cattle hold steady with Choice steers 24 to 26 dollars and Heifers 22 to 24 dollars. Utilities and low grades quoted 11.5 to 15.5 dollars.
Chicago AP reports USDA figures with hogs at 1.00 higher for some classes and prices listed for 225 to 350-400 lb weights. cattle slaughter steer prices around 24.75 to 25.75 per cwt, heifers 24.25 to 25.00, cows 13.00 to 14.50, bulls 16.00 to 19.00. sheep slaughter lambs up 25 with lambs 85 to 105 lb at 25 to 26, ewes 6 to 9.50.
Livestock report shows hog prices steady with steers and cutters at 9.50 to 14.00. calves steady with Veal grades quoted from 15.00 to 27.00. Lambs rise to 21.00 to 23.00 for good to choice spring lambs 85 to 105 pounds. Sheep steady with slaughter grades 5.06 to 6.00.
The report shows hog prices rising with butchers and sows up to 75 and 25 respectively, cattle and calves mostly steady with some gains, and sheep fully steady with slaughter lambs at 24.50 to 25.40. Grain bids for truck-delivered No 2 red wheat, corn, oats, and light moisture yellow spybeets are listed. Dow Jones averages highlight stock trends and a pitch to buy stock as a Christmas gift through monthly investment plans.
Emge’s market shows hogs 190 to 240 pounds 26.50 to 26.75 and 240 to 300 pounds 25.25 to 26.00. Cows 22.75, bulls 15.00 to 17.00, Ch. steers and heifers 24.00 to 25.00. Good steers and heifers 22.00 to 25.00. Grain prices vary by area with New Wheat 1.48, New Beans 2.42, New Corn .08, Oats .70.
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