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Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

Jan 18, 1956

Page

28

SEC Clears Ford Share Offering Price At Sixty Four Fifty

Ford Motor Company public offering of 10 2 million shares at 64 50 a share was cleared by the SEC allowing trading to begin with a premium near 4 a share Dealers reported limited activity as Wall Street viewed the price as fair The Ford Foundation will net 642 6 million from the sale with underwriters and dealers earning about 15 3 million Yield projections place the annual return around 3 7 percent to 4 6 percent depending on dividends and share performance

New York Ford Motor Securities and Exchange Commission SEC Ford Ford Foundation Wall Street New York Stock Exchange Wall General Motors Chrysler

Age Of Cows Important To Dairyman

Purdue extension dairyman G A Williams notes age as a key factor for Wells County herds. Of 314 cows on test, 52 percent were three or four years old at start. 21 percent over five but under seven. 17 percent seven to ten. rest over ten. First-calf heifers should reach about 70 percent of mature production. under 5,000 pounds in 305 days suggests limited profit. A mature cow must produce about 7,500 pounds to profit. Heifers fed well and bred to freshen by 24–30 months perform best and stay longer in the herd.

Lafayette G. A. Williams Purdue University Extension Dairyman Williams Indiana Wells County

Post-Christmas Turkey and Broccoli Bake

Easy main dish using leftover turkey and broccoli in a white sauce. Melt butter and flour to thicken, season with salt and poultry seasoning, then fold in turkey and almonds with lemon juice. Serve over hot broccoli and garnish with more almonds.

Chicago

Five countries receive most US agriculture exports by value

Five nations dominate US agricultural shipments by value, receiving over half of all exports. The report highlights top buyers and patterns in exports distribution across major markets.

New York United States

Farm Program Worries After Early Praise

Washington reports Republican farm belt lawmakers regret praising the Eisenhower plan after reading fine print. Provisions could lower corn and cotton prices, allow discount wheat sales for feed, and make rice support discretionary, triggering broader price declines and sparking GOP concern.

Washington Ezra Benson Benson Ed Thye Minnesota

Farmers Tax School Aims to Ease Income Reports

A Farmers Social Security and Income Tax School will meet today at 7 30 p m in the 4 H Club Building Alexandria to explain tax savings and simplify reports. Walter C Haynes and Kathryn Gregory organize with Purdue University economist R H Bauman as speaker. The program will cover how farm income is used for social security tax and why farmers and workers must file both reports before February 15.

Alexandria Walter C. Haynes Kathryn Gregory R. H. Bauman Agricultural Economics Department Purdue University

Shares Rise on Modest Market Recovery

The New York stock market edged up after Monday’s sharp drop with gains in steel and motor shares. Ford stock moved to over $64.50 as 10.2 million shares traded after SEC clearance, while the market closed up 70 cents at 176.90, with mixed results across industries and lower daily volume.

New York Steel and Motors Eisenhower New Hampshire Ford SEC Washington Rails American Stock Exchange

Hogs and cattle prices steady to higher at Muncie sale

At Muncie, hogs sold mostly steady to 10 cents higher with various weights priced from 8.85 to 12.10 per hundredweight. Cattle and calves showed steady demand with Good to choice steers 16.00 to 21.00, heifers 14.00 to 19.00, cows 9.00 to 12.00, and calves 15.00 down for utilities. Lambs and sheep remained steady with lambs around 18.00 and slaughter sheep near 5.00.

Dry Goods Market Sees Sparse Trading In New York

Cotton goods sales were scattered for spot and first quarter delivery with buyers checking for second quarter delivery. Woolen and worsted goods remained quiet as rayon yarn prices rise predicted. A leading manufacturer raised rayon prices by three to five cents per pound while rayon goods stayed quiet.

New York

Soil Conservation District Plans Annual Meeting At YMCA

The Madison County Soil Conservation District schedules its annual meeting at the Anderson YMCA Friday February 3 at 6 30 p m Speaker Wayne Guthrie renowned Indianapolis News columnist will discuss Save Our Top Soil The program includes dinner reports and a supervisor election for the north district Open to all Madison County landowners and residents with advance dinner reservations through listed local contacts.

Wayne Guthrie Indianapolis News Madison County Soil Conservation District Anderson Ymca Evan Wilson Blanchard Cochran Clint Morgan Anderson Earl Eggman Bill Wolfe Morris Ashton Paul Jessup Alexandria Hector Lawler Clem Millspaugh Joe

Meat-Type Hog Described By Purdue Specialist

Purdue swine specialist Dick Hollandbeck explains meat-type hogs yield lean pork cuts and suit market needs. He contrasts with lard hogs, warns against “meatless wonders,” and notes meat-type hogs grow fast, have strong bone and muscle, and produce more red meat per feed unit, making them economical.

Purdue Lafayette Dick Hollandbeck Hollandbeck Hollandback

Local Livestock Market Prices Summary

Market prices for cattle hogs and calves listed with weights and unit quotes. Grain prices show corn rye and oats per 70 pounds. Poultry and eggs also noted with price pointers.

Bonds hold firm in mixed New York market

Selected rails and industrials were steady in a narrowly mixed bond market on Tuesday. U S Treasury obligations showed strength in the intermediate maturities while corporate volume fell to 2 880 000 from 4 270 000.

New York U. S. Treasury

Grains Slump on Board of Trade as Moisture Hits Wheat

Grains weakened in active trade on Tuesday with wheat leading the decline as moisture touched dry winter belts. Soybeans fell sharply late while corn and oats weakened with widespread snow in Nebraska Kansas Missouri and Oklahoma. Traders cited a West Germany soybean purchase as contributing to grain selling.

Chicago Board of Trade Nebraska Kansas Missouri Oklahoma West Germany Manchuria

Butcher Hogs Show Strength Amid Higher Demand

Chicago hog prices rose as buyers increased activity with salable receipts of 17 000 head. Top bid held at 21.25 dollars, most hogs 11.25 to 12 dollars for 190 to 220 pounds, sows 8 to 9.75, cattle and sheep markets mixed with primes up to 24.50 and lambs 18.25 to 19.50.

Raisins Soaked in Bordeaux Add Lift to Turkey Stuffing

A New York note suggests improving stuffing by soaking a half cup raisins overnight in two cups Bordeaux white wine. The soaked fruit is then folded into the turkey stuffing to enhance flavor.

New York

Strawberries Make Good 4-H Project for Youth

Purdue 4-H officials promote strawberries as an easy entry project for city and rural youth. Beginning with as few as 100 plants, participants can earn income while growing tasty fruit. Enroll at the county extension office and pick up the Purdue bulletin Strawberries for the Home for guidance. Plants set in April fruit next spring.

Lafayette Bob Amick Purdue University Purdue

Steady Hog Prices Amid Mixed Trade In Indianapolis

Steady to 25c higher hog prices prevailed in Indianapolis Tuesday with varied action across weight classes. Bulk No 1 to 3 hogs 180 to 225 pounds brought 11.75 to 12.25, lighter 125 head under 220 pounds at 12.35 to 12.50, late sales down to 12.00. Heavier 225 to 250 pounds 10.75 to 11.75, 250 to 275 pounds 10.25 to 11.25, 275 to 310 pounds 10.00 to 10.75, 120 to 160 pounds 9.50 to 10.50. Sows up 25c to 50c, 300 to 400 pounds 8.75 to 9.75, 400 to 600 pounds 8 to 9, some high as 10. Bulls firm, steers and cows mixed, calves 17 to 24.50, lambs steady at 18 to 19 for light weights.

Indianapolis Spl

Egg Grading School Held in Anderson Monday Evening

An Egg Grading School is set for Monday evening January 30 in the Community Room of the Anderson Loan Building. Purdue Extension Poultryman Robert Hogue and a State Egg Board representative will lead, with the County Extension Office coordinating. Attendees may bring a dozen eggs for candling and grading to learn Indiana Egg Law and new grades B and C.

Anderson Loan Jackson St Anderson Robert Hogue Purdue Extension Poultryman State Egg Board County Extension Office

Public Auction Notices for January and February

A sequence of farm and equipment auctions announced by agents C A Helms Law rence J C Bradley Conway Son Vaughn Lipp Murph Jimm Vaughn. Sales include Alva Souder Farm near Fortville 10:30 AM January 19 Polio Parents Auction Hazelwood Gym January 28 Murry Collier Farm Machinery Sale near Sulphur Springs 12:30 PM February 1 and Landrace Dispersal near Speedway City 12 Noon February 18. Auctioneers listed.

Carl A. Helms Walter D. Lawrence Fortville Alva Souder James C. Bradley Joe Kellum Hazelwood Gym C. Lawler Bill Petty Egg Hood J. C. Bradley Clay Wiley Murry Collier Conway & Son Robert Dickerson Robert Johnson Landrace Speedway City Vaughn Lipp Murph Jimm Vaughn Aucts

Seed Buying Hints Listed For Farmers

A. S. Carter from Purdue's state seed commission says farmers should buy 1956 crop seed based on tag analysis. All seed for sale or removal must be tested and tagged. untagged seed must be halted until compliant. 1955 data show tagged red clover seeds averaged 44 noxious seeds per pound while untagged averaged 2,076, supporting that tagged seed is better for future crops.

Lafayette Indiana A. S. Carter State Seed Commission Purdue University Carter State Seed Commissioner's Office

Hints For Buying Eggs From Purdue Extension

Purdue poultry specialists warn egg quality cannot be judged by shell alone and advise relying on dealer reputation or official labels. Purdue University notes labels grades A B and C, weight and size classes, and home storage care. Free booklet extension bulletin 302 is available from county extension offices or Purdue agricultural publications in Lafayette.

Lafayette Purdue Purdue University Office of Agricultural Publications

Largest Toltec jar unearthed in Americas by UCLA team

UCLA archaeologist Dr. George Brainerd reports a massive Toltec storage jar found in the Valley of Mexico during an expedition. The vessel stands 30 inches high, 23 inches in diameter, and holds about 25 gallons likely used for pulque fermentation. The jar appears buried in a Toltec house floor dating to 950 to 1200 A D.

Los Angeles University of California Americas Valley of Mexico George Brainerd UCLA Mexico Guatemala

Imports double exports in New York trade note

The United States imports about twice as much food as it exports according to a New York trade note. The report highlights a sustained gap between inbound and outbound food shipments and suggests implications for policy and markets.

New York United States

Notice of Adminstrator Appointments and Legal Notices

Notice is hereby given that C Brondin Howell was appointed administrator of the Estate of George W Howell on January 7 1956. Heirs and creditors must file claims in six months. estate declared solvent. Also notices of non resident defendant Earl S McNatt and other filings appear with court dates in February 1956. Other items include appointments of Della M Noland and Robert L Austin as administrators, a board bid notice for Anderson Public Schools musical instruments, and a 1955 financial report for Markleville Town Clerk-Treasurer.

C. Brondin Howell George W. Howell Anderson Joseph H. Armington Madison County Indiana Kelley, Arnold and Kelley Superior Court Rowe Engineering Corporation Birdie Feorderer Madison Superior Court State of Indiana Earl S.mcnatt Della M. Noland Charles A. Noland Robert L. Austin Irvin I. Hoffman Johnson and Austin Board of School Trustees Anderson Public Schools W.irth Street Markleville

Also Mentioned on This Page

Turkey Citizens Bank Building Robert J. Beck Canada Muncie Livestock Muncie Heckaman Buick, Inc Soil Conservation District YMCA Veil Brown Summitville George Johnson Don Gossett John Latter Orville Beeson Sherman Vinson Ralph Broyles Pendleton Orville Oldham William Mort Howard Mingle Gerald Burke Tom Bowden Soils Conservation District Soil Conservationist Thomas and McKinnon Aenee Mutual Funds Civeesasees Biooe Cick Nccceagitades Wellington Dow Jones Sngusiimid Ccck Foi Eeeus American Motors Amer Tel Anaconda Ewes Armour Aveo Bendix Eeanie Beth Steel Container Curtiss Wright du Pont Sen Hem Ener Abt Gairenee General Electric Gillette Radio Corp Sears Roebuck Fee Socony -Mobile Standard Oil of Ind Studebaker-Packard United Aircraft Sen U. S. Rubber U. S. Steel Western Union Westinghouse Semeeseermaienay Anderson Poultry Heavy Emnand Rome London John Walker San Francisco Pacific Orient Hugh J. Gaffey Yokohama Marine Phoenix Inchon Okinawa Swiss Alps Monte Rosa Switzerland Italy Bagot, Free, Shearer Joseph D. Ketner G. EF. Ebbertt Anderson Public Lawrence Guernsey Bangs John Deere Dunham Dunham Cultipacker Oliver H.P. Wisconsin Byford Lane Alice Huffman
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