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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Dec 04, 1957
Page
4
Stocks moved in a narrow range with little net change. Industrials and rails slid while leading rubber shares rose and missile stocks drew attention ahead of the planned satellite launch. The AP average held at 158.70 as totals showed 478 declines to 431 advances.
Hog prices held steady Tuesday with moderate activity later. Bulg hogs 180 to 250 pounds sold $18 to $18.50, 190 to 230 pounds $18.25 to $18.50, and 230 to 250 pounds near $18.60 to $18.75. Lighter calves and sheep showed varied but generally steady demand, with lambs $21.50 to $23 and ewes weaker. Cattle ranged from $11.50 to $30 depending on class and quality as bulls and cows stayed steady to firm.
Government bonds rose sharply on Tuesday with long range issues up about 1 percent. Corporates led by utilities advanced, rails and industrials also in positive territory as volume expanded. Total trading reached 5.62 million dollars on the big board. 115000 husbands under 55 died in the United States last year.
In New York the cotton textile market held steady with converters buying print cloths and broadcloths in spot positions. Chicago hog and cattle prices were mostly steady in early 1930s context with mixed lamb and sheep prices and various grades of hogs selling from 18 to 26 dollars per hundredweight. Private companies like American Motors and General Electric listed among market names.
A dense list of auction schedules dated December with multiple sales of live stock farming equipment real estate and household goods. Owners include Chas Leisure Elsenberger Bros Ralph Johnson Lora and Milton Bainter Frank J Bixler and Dorothy Johnson. Locations span Elwood Summitville Fortville Markleville and Muncie with various auctioneers.
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