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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Dec 31, 1957
Page
10
Chicago markets reversed from last week losses as liquidation eased mid session. Wheat, corn, oats, rye, soybeans showed mixed gains and government loan dynamics influenced soybean pricing. Early session lows gave way to higher closes with corn near steady and oils supported bean advances.
Hogs were 25 cents lower with prices across weight ranges from 180 to 360 pounds. Cattle calves and sheep show varied values with steers to 25 dollars and lambs about 22 dollars, while poultry and grain sections list current receipts and market notes. Local notes include Anderson area prices and miscellaneous livestock categories.
Losses of 25 to 50 cents touched butcher hogs with 180 to 240 pound barrows selling mostly 19.25 to 19.75 while 190 to 225 pound ers reached 19.85 to 20. Cows rose to 500 higher while heavy cattle varied. Steers and heifers showed uneven trends with high quality steady to weak. Large lots of heavy steers sold around 24.50 to 26.00 with lighter cows at 12 to 17.
Dow Jones Averages and approximate volume at close show varied gains and losses for many firms including Bethlehem Steel Goodyear United Aircraft and General Motors with utilities at 68.66 up and volume around 3,750,000. The report lists numerous tickers such as American Motors RCA Sears Roebuck Studebaker Packard and Western Union with multiple percentage figures and a section for pure oil and standard oil indicators.
New York trading saw a sharp rise in volume to 3 750 000 shares the largest since Oct 24 as tax transactions influenced the late year session. Aircraft stocks edged up on defense spending hopes and Congress action while most sectors fell amid tax loss selling and broad market Cross currents.
Long term U S government bonds closed higher on moderate volume while corporates rose again led by rails, industrials and utilities. Top grade issuances and foreign dollar bonds held steady as trading remained quiet.
Chicago prices for barber hogs fell 50 to 75 cents with sows steady to 25 cents below Friday. Top butcher hogs at 19.75 dollars, various No. 2 to 3 grades quoted between 18.75 and 19.56 dollars. Heavier butchers down to 16.75. Cattle: steers and heifers steady with prime and high choice mostly firm. prime load 1 175 pounds at 30.60. prime 28.25 to 29.50. choice 25.75 to 27.75. Sheep steady to up 25 cents. lambs 21 to 24 dollars. slaughter steers 6 to 9 dollars slaughter owes.
Multiple probate notices in Madison County Indiana announce William L. Peck appointed administrator of Charles Franklin Philbrick estate and Pendleton Banking Company, Daniel D Quickel and others named as administrators. Also includes a divorce suit, two quiet title actions, and public sale of real estate with conditions and deadlines in January and February 1958.
Administrator sale of farm machinery and equipment on Friday January 3 at 1 00 PM located 2 miles south of Markleville on moreee Reger Farm. Real estate auction Saturday January 4 at 1 30 PM located 2nd house north of By-pass on State Road 9. Jim Dunlap owner. H D Kirk and E H Whelchel auctioneers.
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