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
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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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
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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