Defense Costs Rule Out Tax Cuts In 1958
Federal tax policy hearings begin as House Ways and Means Committee studies revenue laws. Defense costs and space age needs erode 1958 tax relief hopes, with leaders prioritizing a balanced budget and delaying any tax cuts. Small-business advocates push for relief while noting high corporate rates drain capital. Denison man builds a DIY glider from TV antenna pipe for five dollars, piloted by tow plane.
MENTIONED IN THIS ARTICLE
Defense
House
Way
and Means
Mills
D-Ark
Ways and Means Committee
Ways and Means
U S Newsprint Capacity Tops Eight Million Tons
The Levesprint Information Committee reports newsprint capacity surpassed eight million tons for the first time in 1957 and is set to exceed one million this year with a target of ten million by 1959. US and Canadian usage rose slightly in 1958 despite shortages, with about 700 thousand tons of capacity unused. Actual absorption by US publishers in 1957 matched 1956 levels.
MENTIONED IN THIS ARTICLE
Levesprint Information Committee
Canada
Sherwood Insurance Probe Ties to Indiana Highway Scandals
Insurance Commissioner to demand records from Sherwood Insurance Company after reports in the Indiana Times claim its weekly premium rates were twice those of competitors. The Times alleges low-income families paid 0 cents weekly for $1,000 coverage, while Home Insurance Co. charged 2 cents. In Dayton, Disney character bus identifiers aid Englewood pupils to prevent bus mixups.
MENTIONED IN THIS ARTICLE
Independent Mural Fire Insurance Co
Doc Sherwood
Sherwood
Indiana Adjuant General
George N. Craig
Alden Palmer
Indiana Tls Times
The
Home Insurance Co
the Times
Wisehart Installed as Homemakers Club President
The Markleville Homemakers Club installed Mrs Ley Wisehart as president with Mrs Kenneth Keesling as vice president and Mrs Charles Milne secretary. Other officers include treasurer Verle Meek Carty and member at large Mildred Arbuckle with Ray Tweedy as reporter. The December meeting was at Mrs Don Dudley’s home with plans to present Yuletide gifts to nursing home patients.
MENTIONED IN THIS ARTICLE
Jesse Ritte
W. A. Cooper
Markleville Wesleyan Guild
Don Dudley
James Hoppes
Jn. Anderson Nursing Home
James Glebe
Marthabelle Shaw
Hovde Backs Ike Plan For Science Scholarships
Purdue University president Hovde endorses President Eisenhower's proposal for federally funded college scholarships for math and science students. The plan would grant 10,000 scholarships annually for four years, prioritizing financial need and aiding high school teachers and overall educational standards. Hovde also urged expanding the national science program, boosting graduate studies, and creating foreign language instruction centers.
MENTIONED IN THIS ARTICLE
Orrederick Hovde
Purdue University
Eisenhower
Hovde
Resvent
Market News from New York and Muncie Stocks and Livestock
The Associated Press reported a market surge with the New York Stock Exchange rising as defense spending expectations boosted shares, led by aircraft, missile, and electronics stocks. Hogs and cattle in Muncie showed mixed gains, with hogs steady and cattle lifting on prominent index advances, while volume reached about 2.22 million shares.
Market Report on Livestock Prices and Grading
Livestock prices edged lower for lighter hogs and sows while prime steers and heifers held steady or dipped modestly. No. 2 butcher hogs sold around $1.79 to $1.925 per hundredweight. heavier cattle and lambs showed mixed gains and losses with prime wooleds hitting $27.50 for steers and $27.00 for select heifers, while slaughter lambs and ewes moved modestly.
Bonds Rise in Quiet New York Trading as Rails Lead
New York bonds closed higher on Tuesday with rails leading the corporate advance. Utilities and investment quality issues followed, while industrials were narrowly mixed. Utilities hit a 1957 38 AP index high of 60. Corporate par value on the NYSE fell to 4 830 000 from 5 20 000 Monday. Convertibles rose sharply in step with stock gains.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Washington
Eisenhower
United States
Taft
Congress
New York
JU. S
Rails
Cotton textiles dominate New York market activity
Nearby selling of print cloths broadcloths and sheetings accounted for most of the cotton textile market. Resale offerings of print cloths in spot delivery softened while holders asked prices only slightly under the mill level. Dealers noted a slow condition in wool goods and small sales of filament and spun rayon goods. A Universal Peace Conference convened at The Hague in 1999, followed by the South African War between Britain and the Boers starting immediately.
MENTIONED IN THIS ARTICLE
New York
The
Hague
Grain Futures Rise Amid Export Demand Boosts
Wheat futures climbed on stronger export demand led by Pakistan India and Greece offers. Pakistan bought about a million bushels of hard wheat for January February shipment from Atlantic and Gulf ports, India purchased 1.68 million bushels for Pacific Coast, while Greece received corn and barley offers. Wheat finished near day highs with gains in new crop months. corn and oats mixed as hedging and cash demand influenced prices. Soybeans rallied on higher vegetable oil prices and exported bean shipments from Chicago to New Orleans. Congress reconvenes and traders await agricultural program details for 1958.
MENTIONED IN THIS ARTICLE
Era Oe
Board of Jade
Pakistan
Atlantic
Gulf
India
Pacific Coast
Greece
Chiscago
New Orleans
Congress
Hogs and cattle prices move in steady to mixed trade
Hog prices held steady with some gains. bulk hogs 180 to 249 pounds sold at 19.25 to 19.75 dollars, several loads 190 to 225 pounds at 19.85 to 20.25, plus 270 to 295 pounds around 18 to 19.30. Sows mostly steady to 25 cents lower. cattle and bulls mixed, feeders and calves showing variations. lambs steady to slightly higher. A fatal two vehicle crash near Evansville, Indiana killed Kenneth Ping and injured two others when a trailer jackknifed after striking the Ping car.
MENTIONED IN THIS ARTICLE
Muncie
Intel
Associated Press
Aeea Eee
Rose Mead
Shelly
Real Estate Transfers Auction Sales Messy Valley Additions
Real estate transfers list several property deeds with buyers and sellers including P Simer Deni Anderson and Lizzie Zimmerman. Transactions show nominal sums like $1 and other consideration for lots in Crestwood and Stony interseaction areas, with auction sales conducted by various agents on January dates.
MENTIONED IN THIS ARTICLE
Milton
P’simer
Fnaann
Hevinay Bessa
Ris P’simer Deni
D.'Kirk
Auland
Anderson
Laparde
Burley E
Bowers
James L. David
Stinson
Jackson
Ander
Utter
Jennery
Lizzie Zimmerman
Properte
Dallas Schofield
Creek Township
Kean
Lorvita Neit Weil
Mildred Auction
Keesling
Crestwood Addi
Siraire Prank & Swan
Baby feeding questions raise heated concerns
A home letter to Myrtle Meyer Eldred discusses infants refusing bottle feeds, burping needs, and nipple hole cleanliness. The writer notes cooled milk, partial vacuum from blocked holes, and misread baby cues as delays. She urges mothers to consider their own health, and previews tomorrow’s topic “Peace and Quiet.”
MENTIONED IN THIS ARTICLE
Rae
E.R
P.M
Myrtle Meyer
Notice of Various Public Actions and Real Estate Sales
Public notices include notices of sale of repossessed property and real estate, final settlement for Jesse Gray deceased in Madison County Indiana, appointment of Carigo J Cleveland as admin for George W Fenes estate, and notices of bid calls for school yearbook printing. Names include Herman Reeves, Yoseph H Armington, Lawrence E Walker, and others with locations Anderson and Madison County Indiana.
MENTIONED IN THIS ARTICLE
Stoger
King Motor Suign
Steriaian Sigg Anderton
Indiana
Momerty
Garcia Wamblin
Samars
Ase
Aloe A
Lewallen
Barking Lot
Jackson
Jesse Gray
Superior Court
Massacn
Anderson
Hadiana
Shar Wieness
Danaes
YosePnit
Armin Germs
Suditon County
Bushy
Daviswom
Cooper & Farr Nou ittJan
Caroigo
Cleveland
Ceotre
Fenes
Ative
Yoseph
Armington
Madison
India
Rovers
Lawrence Eo Walker
Lealen
Tabi and Jackson
Piematthonomy Finance Corp
Notts
Shull
Lucian
Seuache
Richargasn
Lansek Korner
Aid
Nathan’ W. Rector
Hd Lanning
Shanklin
Anderson Frankton
E. Beltanter
Jones
Wiliam
Witer Crayton
Virginia
A. Earhart
Hart
James
Calvin F. Jones
McCul
Willian
Mf Ware
Saray N. Ferrell
Jose Uaer
Ferrell
Jane Sone Rodthy
Ar Wiver ‘Thak
Teen Rae Auildinas
Milley Chapel
Woolbert
New Year Self-Improvement Marathon Ad and Legal Notices
A periodical urges readers to start now on New Year resolutions with a Self-Improvement Marathon by Josephine Lowman offering a 20 pound weight loss plan and a booklet. The notice includes a Madison County legal section listing defendants and court actions with multiple spellings of names and entities.
MENTIONED IN THIS ARTICLE
Marathon
Josephine Lawman
Madison County
Mtndivon
Cour
Aidaett
Luther Berar
David’ Grbhen
David’ S“Giknen Phiza
Kimaso
Egat” Knapp
Sonn
R' “Phompeth
Henry Jones
John B Jones
Davidones
Lincoln Braddock
Alice Price
Maggie Mc
Bor Eisabeth Braddock Trees
Smuin
Mover Braddock
Mary
Also Mentioned on This Page
Denison
Texas
Bob Tate
Tate
Iice
U.S
Sherwood Insurance Company
Dayton
Ohio
Walt Disy
Mickey Mouse
Donald Duck
Pluto
Englewood
Montgomery County
Bulletin-Herald
Wisehart
Ike
Muncie Livestock
York
Airralte
American Stock Exchange
Fonday
Woos
Amaraay Toland
Armour
Betsiehem
Cottonwright
Genera Teche
Generel
Goodyear
Ernie Bane
Ugo
Evansville
Ind
Kenneth M. Ping
Utica
Noah R. Bender
Newburgh
Melvin I. Duvall
Kentucky
Bender
Merc
Mercury
Big
Associated Motors, Inc
WISH
Itm and Central
Thomson & Mskinnon
Heston
Myrtle Meyer Eldred
Register and Tribune Syndicate
Des Moines
Towa
Iid Dian
Antersam Public’ Schools
A Fo
Judas
Hou Shaerson
Fred
Ana Hoseeh Harmington
Plaigritte Weitsiod
Yan
Josephine Lowman
Town
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