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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jan 13, 1962
Page
6
Purdue economist M. Paul Mitch ell analyzes farm market trends in 1961 Lafayette notes mixed commodity prices with grains steady and livestock fluctuating. Hog prices rose before Christmas, cattle and lamb markets show gains after the holiday as receipts rose and demand remained active in terminal markets.
The 1961 condition report for Anderson Banking Company Indiana lists total assets of 12.9 million with deposits totaling 32.7 million and capital accounts of 3.29 million. Major items include cash and government obligations, real estate, and loans, with credibility noted by officers Wilbur Roby and others sworn January 10 1962.
LAFAYETTE The twenty third annual state sheep shearing school will run January 30 and 31 at the Herger farm near the junction of U.S. Highways 61 and 33. The program includes beginner and professional instruction with demonstrations on blade care and equipment. Reservations are via Arthur Howard Noble County agent. lunch will be served.
Lafayette Indiana reports Purdue University will host Farm Science Day on Wednesday January 17 with sessions on herbicide law pest pesticide conference dairy production rabbit school and poultry topics. Beef cattle tomorrow meeting will feature W C Whitsell and Purdue specialists as farm management discussions cover milk marketing and farm profitability. Parents of prospective students will have a chance to learn about Purdue programs.
The stock market rose for a second straight day in 1962 with gains led by blue chips and aerospace issues. Investors cheered President Kennedy’s missile spending plan and the Kennedy administration’s State of the Union, easing tax deadline selling. The New York Central and Pennsylvania Railroad merger news and broader gains across utilities rails oils and airlines supported the advance. Ford fell amid varied motor stock movement.
Chicago prices for hogs fell on Friday as a large volume carne onto the market with slow demand. Wheat futures showed a mixed to steady trend while stocks edged higher as hedging activity waned. Dow Jones average rose to 711.73 and the Associated Press index gained to 257.60 as sentiment improved slightly.
Erickson unveils what it calls the world’s largest home treatment system. The device promises comprehensive care at home, featuring modular components and user friendly controls.
An Anderson Indiana hotel advertises a Sunday January 14 1962 seminar on treating male pattern baldness with the Erickson scalp method. It claims the method provides a no cost conference and written treatment plan with guaranteed results and accepts pro rated fees if participants attend.
The Indianapolis market shows lower bids for butcher hogs with sows mostly 25 cents off and some declines up to 50 cents. Hog weights from 189 to 270 pounds traded around 16.25 to 18 dollars, while 270 to 330 pounders moved from 14 to 17 dollars. Cattle, calves, and lamb offerings were light, with steers around 26.50 and lambs up to 17.30. survey work was contracted for a federally funded shelter protection site in Indiana with Purdue officials and contractors listed for the planning session.
Auction listing for January 13 at 12:30 PM with Wm. Knopp Public Sale in northwest of Alexandria. Also public sale of Far Towls 3 miles south of Anderson on Route 9 near Rewden Restaurant. Kirk, Auctioneer.
Purdue agricultural statisticians report Indiana planted 1 130 000 acres of wheat in 1961 down 19 percent from seeding time. Fall rainfall and warmer conditions improved stands, yielding a 1 capitable crop though final output remained below average due to dry southern Indiana conditions and delayed germination.
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