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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Dec 19, 1961
Page
6
A volatile Monday session saw the Dow drop to 727.71 as the AP average slid 1.20 points. Trading remained active with about 3.81 million NYSE shares and 2.07 million on the American exchange as prices moved unevenly despite favorable economic signals.
A dense OCR fragment lists stock quotations from many firms including Texaco Texas Instruments General Electric Chrysler and Union Carbide alongside Dow Jones averages. It mentions industry sectors and an approximate volume of 810,000, with rail utilities and industrials figures shown.
INDIANAPOLIS and Palm Beach notes show hog prices rising to 17.15 to 17.75 with varied weights and cattle prices from 19.30 to 22.50 per hundredweight. A Christmas program at Colonial Evangelical Church is mentioned, along with Wall Street market chatter about a yearend rally and Venezuela Colombia ties to trade prospects.
The article reviews livestock prices with bids from Dines and bids per 1000 pounds, showing loads around 900 to 1050 pounds at 17 to 26.50 and heifers around 22 to 25.50. It also notes mixed market signals from tax loss selling and analyst Granville’s view that December could bring higher Dow trends. Lambs and ewes show modest gains and varied bidding, with prime lambs up and ewe prices steady.
A Washington visit to a supermarket highlights concerns over food costs and the public’s standard of living. Agriculture officials note hog prices rising while overall food costs lag, with a broad set of local names mentioned in association with the discussion.
The National Stock Exchange will open for trading on March 7 1962 becoming New York's third securities exchange. Plans call for eight to ten firms to list and trade about 25 companies in the first year with a broader market represented in over-the-counter dealings.
In Hollywood the singer Keely Smith who recently separated from Louis Prima denies reports of a new engagement despite rumors tied to a Pan American Oil Co. discovery. The couple, longtime companions since the divorce, keep public interest high as shipping market results and other listings accompany the page.
A collage of local classifieds and notices includes condolences for Burton A. Anderson, business ads for Hobbs Laundramat and CrIPE Moving, service promos for Baxter Exterminating and Pasquale's Pizza, notices for nursing home management change, Santa Claus costumes for rent, wall and asphalt tiles sale, rooming services, alcoholics anonymous, and driving instruction. Also lost and found items, instruction notes, beauty specials, and related ad copy.
The United States and Argentina rushed relief supplies for more than 300 victims of a circus fire in Rio de Janeiro state. Gov. Csl Pecanha said at least 323 died and about 600 were burned. The big top became a charred mass in minutes and many injured were sent home after first aid.
Readable auction entries show sales of farms households and equipment. The listings note locations four miles west of Anderson on specific streets and dates from December to January with auctioneers Kirk and Pheanis DB.
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