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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Dec 21, 1960
Page
8
Wall Street experts see a yearend rally ahead with a Dow Jones drop to 60-60.5 and a crawl to 625 before advancing. Spear & Staff projects a 570-600 low for 1961 and a 670-700 high, while Hayden, Stone notes tax selling may finish this week and markets tread cautiously.
The stock market showed modest gains in aluminum and utility issues while overall indices drifted. Alcoa rose after a statement by its president, with Reynolds, Kaiser, and other aluminum names posting fractional advances. industrials fell, rails and utilities mixed, and volume remained moderate amid a cautious trading day.
Prices mostly rise on the grain floor led by soybeans with December wheat slipping on pressure from short covering. Limited late trading pushed December contracts higher while futures show cautious gains amid expiring positions and broker commentary on market momentum.
Hog prices rose with most gains on 225 to 250 pounders as buyers paid 17.25 to 18.25 for No 1 barrows and gilts. Sows stayed steady while larger cattle like steers and heifers remained steady, and cows and bulls showed little change. Local buyers and area shippers maintained steady demand amid varied weight classes and quiet offal values.
Dismissed patients include Edward Bennett of 2426 BE 10th Street Steven Hildebrand from Pendleton Mrs John Mercer and daughter from Pendleton Mrs Jackson Callahan and daughter of 2321 East street and Mrs Melvin Cook and son of 2030.
The Martin Co. in Baltimore completes its transition to the space age by delivering its final seaplane to the Navy. W. B. Bergen, the president, notes Baltimore’s future as a space capital and recalls founder Glenn L. Martin, who built his first aircraft in an old Santa Ana church. The piece traces Martin’s history from early seaplanes to World War II bombers and postwar plans, including the Sea Master program that was canceled after limited production.
Legal notices announce final settlement of Georgina L. Yule estate in Madison County Superior Court with heirs urged to file proofs and claim distributive shares. Also a December 1960 Indiana State Highway Division public sale advertises livestock and farm commodities with price ranges and contract details.
Prices for hogs ranged 15 cents higher with weights from 1190 to 300 pounds. Auction set for December 28 1960 at 10 30 am located four to seven miles south of Alexandria on the west side of State Road 9. Property includes a frame house with attached shed a calves barn trees and fence. Terms require certified checks or cash and a $25 cash deposit per purchase. Auctioneer Wm Higburg and staff listed.
The Commerce Department forecast production of American cars will drop about 13 percent from 1960 to 1961 due to slowing business and ample dealer inventories. 1960 production was 6.207 million, best since 1955, with 195? the department predicted 5.41 million in 1961. India grain output expected to near 75 million tons, while Christmas spirit described as potent medicine by British Medical Journal.
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