Cost of living steady aids buying power as auto output slips
Labor Department reports November cost of living unchanged from October boosting buying power for production workers by about 1 percent. Price shifts show lower food and apparel offset by higher services and new car prices. Auto production set to fall 6.3 percent from last week’s seven year high to about 164,721 units. General Tire & Rubber acquires substantial Polybutadiene plant stake from Phillips Chemical in Texas and gains license to produce rubber under Phillips process.
MENTIONED IN THIS ARTICLE
Labor Department
Ward
General Tire & Rubber “Co
Akron
Phillips Chemical Co
Borger
Texas
Phillips Chemical
Phillips Petrolem. Co
General
Market News and Stock Quotes From Various Firms
The report lists numerous companies and sectors with stock moves and a Dow Jones close. It notes oil, steel, autos like General Motors and Chrysler, and utilities along with Trading volumes and price ranges across industries. The piece also covers a highway road ruling clarification by state judges and local financial activity during a holiday period.
Hogs Lead Sluggish Market With Carried-Over Stock
Livestock report from Muncie notes hog prices rising up to 50 cents as arrivals carry over to the next market day. Canners and utility cattle range 11.25 to 12.75 per head for three months old. Calves steady with prices around 28 to 23 dollars. lambs and sheep listed with declines and mixed alfalfa notes.
MENTIONED IN THIS ARTICLE
Muncie
Indiana High Court Clarifies Highway Condemnation Ruling
Indiana Supreme Court clarified a ruling on highway right of way costs after a Evansville condemnation case. The decision distinguished two interests in one property and preserved a $24,000 award to a tavern owner while limiting broader claims.
MENTIONED IN THIS ARTICLE
Indianapolis
LPI
Indiana Supreme Court
Atty
Edwin K. Steers
Steers
High Court
Evansville
Supreme Court
Vanderburgh
Amos Jackson
Four Year Phone Extension Plan Gets Approval
A four year extension plan for phone service gains approval amid mixed market news. Trading data shows 1 306 issues with 614 gainers and 41% losers, while commodity prices and livestock quotes reflect steady to mixed movements. Local rate hikes for rural and suburban customers impact basic monthly service costs in Evansville and surrounding exchanges.
MENTIONED IN THIS ARTICLE
Eee Gat
American Stock Exchange
U.S
Wille
Evansville
Moothly
Two Muncie youths held after reported incident
Two 20 year old Muncie men were arrested Wednesday night and charged with defeating and attempting to injure a 51 year old Anderson woman. Wendel Lee Raines and David Lee Templin were brought before City Judge George Pancol and jailed without bonds pending formal charges. The case involved a downtown incident near Washington and Metidian Streets and included claims of being forced into a car.
MENTIONED IN THIS ARTICLE
Muncie
Anderson
Wendel Lee Raines J
David Lee Templin
George Pancol
Pittsburgh
UPI
U.S
Steel Corp
Young Men’s Commissioner of Customs Inj
Washington
Japarth
Metidian
Dhonese
Steel
Russell Hiatt Goin
Main
St. West Germany
Great Britain
Johns Hospital
Belgium-Luxembourg
Market Report Notes Sharp Lighter Hoas and Livestock Prices
Indianapolis market notes hogs under 270 pounds up from 12.25 to 14.75 per cwt with sow prices rising. various slaughter weights in Boonville and Mount Vernon show mixed results with No 1 and 2 telephones, direct-distance equipment, and a $13 million telephe program cited. cattle offerings limited with prices ranging 12 to 18 per cwt and cows at 10 to 14 while many weights remain undetermined.
MENTIONED IN THIS ARTICLE
Indianapolis
Boonville
Mount Vernon
Barrows
Bell
Inlea
Judges Association names new board of managers in Indiana
Judge Felix A Kaul of Lake Circuit Court was named president of the Indiana State Judges Association. The board of managers includes Judges James Richards Hammond Russell Gordon E Spencer Walton Lowell K Perley John Beauchamp John S Niblack Lester G Baker John W Goddard and Lester Nixon. The notes also mention UPI dispatches about Taiwan and a birth rate statistic for 1950s era context.
MENTIONED IN THIS ARTICLE
Indianapolis
UPI
Felix A. Kaul
Lake Circuit Court
Indiana State Judges Association
Kaul
James J. Richards
Hammond
Russell Gordon
Monticello
E. Spencer Walton
South Bend
Lowell K. Perley
Columbia City
John Beauchamp
Wabash
Harold J. Bitzegaio
Terre Haute
Indiana Farmers Produce Higher Crop Value in 62
An Agriculture Department report shows Indiana farmers produced crops valued at 729.895 million dollars this year, up from 669.917 million last year. Corn led the mix at 95.485 million, with soybeans and tobacco among other major crops listed with varying year to year figures.
MENTIONED IN THIS ARTICLE
Indiana Agriculture
Washington
Agriculture Department
Indiana
Beer. Sears Liquor Store. North Broadway and Cross Streets.
A liquor store named Beer Sears located at the intersection of North Broadway and Cross Streets is noted in this brief item. No incidents or dates are provided.
MENTIONED IN THIS ARTICLE
Sears Liquor Store
North Broadway & Cross Sts
Grain Prices Shift Slightly On Quiet Christmas Eve
In Chicago the grain futures market saw little action on the last trading day before Christmas. Speculators limited activity to end-of-week trades as futures held to small gains or losses with wheat up 0.44, March at 2.11 3/4, corn down 0.58, oats down 0.42, March at 1.32 3/4, and soybeans mixed, January at 2.46 3/4 to 2.44.
MENTIONED IN THIS ARTICLE
American Tel
Tel
Ark
Gas Alega
Avco
Ball, Gas
South Bend
Ind
Drew Shell
Thomas Chraanowski
Bor
Christ
Margaret Blount
Themas
Drew
Jones
Katmai National Monument
Iflaske
General Motors
Chicago
Board of Trade
Contemporary Art Displayed In Pendleton Holiday Exhibit
A two weekend holiday sculpture exhibit in Pendleton Art Gallery features Robert Youngman, Anderson College, with loans from private collections. Open Friday 7 to 9, Saturday 10 to 12 and 7 to 9, Sunday 2 to 6. no admission. Youngman, famed Indiana artist, has national recognition and public works such as the Eden cast concrete office building sculpture.
MENTIONED IN THIS ARTICLE
Pendleton
Robert Youngman
Anderson College
Anderson
Indiana
Pendleton Art League
Youngman
Irving Materials
Eden
iGov
Matthew Welch
State of Indiana Memorial Commission
Indianapolis
Art League of
Youngmar
N. Pereleiot Avenue
Bonn Faces First Budget Deficit In 13 Years
West Germany may be unable to balance its budget this year as defense outlays push spending to 10 billion dollars from January 1 to September while revenue stands at 9.9 billion. The Finance Ministry warned the shortfall could extend beyond the current year if costs remain high.
MENTIONED IN THIS ARTICLE
Prazil
Joe Talley & Cash River
Taipei
U.S
Bonn
UPI
West Germany
Finance Ministry
Indiana regulation targets costly credit insurance
Indiana Insurance Commissioner Harry E. McClain expects a new rule to save Hoosiers about 1.5 million dollars annually. The rule, effective February 1, addresses life health and accident insurance tied to loans by creditors and aims to curb excess coverage high charges coercion and hidden costs.
MENTIONED IN THIS ARTICLE
Indianapolis
UPI
Indiana
Harry E. McClain
McClain
Three Teens Die in 100 MPH Freeway Crash
Three teenage boys burned to death when their car struck a tree while fleeing police at speeds over 100 miles per hour on the San Bernardino Freeway east of Los Angeles. The chase ended when the late model car turned off the freeway.
MENTIONED IN THIS ARTICLE
Rialto, Calif
UPI
San Bernardino
Los Angeles
Auctions Across Indiana Public and Real Estate Sales
A schedule of numerous auctions lists real estate and household goods sales by Naomi Smith, Pat and Mrs. Orman Kirkpatrick, Augusta White, Owen and Fern Basicker, and others. Locations include towns near Middletown Shirley Knightstown Anderson Jet Gilman and Pike, with multiple auctioneers such as Kellum Bradley Jessup and Foland. Public sales cover homes farms dairy stock and barn items with varied January and December dates.
MENTIONED IN THIS ARTICLE
Naomi Smith
Executrix
West 6Th
Omer Jessup
Joe Kellum
Jim Bradley
Owen & Fern Basicker
Knightstown
J. Kellum
K. Stilson
O. V. Harris
Anderson
Anderson Sale Barnon County
Wayne Pheanises
Lore McShurley
M. Derstler Heirs
Jet
Jackson St. Pike
Gilman
Ind
RLC
Foland
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Nation
Istock Quotations
Courtes
Thomson & Mraisnew
Cojal
Nee Ae
Org
Swucharc
Emges
Farm Bureau
Canada
Irepublic
Yemen
Cairo
Middle East
Indiana Public Service Commis
Harry Chappel
Henry J. Wallace
Sion
Lue Pian Lauser
Japan
Chiang
Judges Association
New ‘Board of Managers
de Ee
Sam Okrasne
William Warner
Abilene Christian College
Abilene, Tex
Igacy
Maurice George Chevalier Sanders
Hayley Mills
Walt Disney
Techmnicolor
Techmirama
Barabbas
Wala Vege
Strony Quinn Bannon A Aso Atonatange
Silvana Mangand
Arthur Kennedy
Katy Riraqo
Harry Andrews
Vittoric Gassman
More Williams
Forest Terrace
Audie Murph
Nan
Duryer
Joan O'Brien
Family Service
M. Lavern Norris
Anderson College Department of Sociology and Social Work
Family Service Bureau
Madison County
Charles F. Gaus
Harald Linamen
Herbert L. Gwinnup
Thamas Vermillion
Sever Case
Jim
Dusty
Do-Len-Ski's
Africa
Sahara Desert
Christian Science Monitor
League of Nations
Hitler
New York Herald Tribune
Time Magazine
Drummond
Far East
Anderson Herald