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Anderson Herald in Anderson, Indiana

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

Dec 22, 1962

Page

3

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

Also Mentioned on This Page

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
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