Local Livestock Market Prices
Reports from regional markets show cattle and hog prices steady despite cautious demand. Feed prices and seasonal supply influence bids, with buyers seeking moderate to good quality lots at steady to firm values.
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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jan 26, 1962
Page
17
Reports from regional markets show cattle and hog prices steady despite cautious demand. Feed prices and seasonal supply influence bids, with buyers seeking moderate to good quality lots at steady to firm values.
Stocks rose early then slipped as trading remained volatile. Dow Jones stood around 701.21 intraday then closed lower, with industrials down and rails and utilities mixed. Activity showed 574 advances to 485 declines among 1,301 issues, volume 3.56 million shares.
Hog prices at Chicago barrows and gilts ranged with 9,500 head on offer. Mixed 200-220 lb 1s and 2s sold around $18.41, 190-225 lb 1s and 2s $17.50 and up, and 190-225 lb mixed 1-3 grades cleared at $17-17.50. Lower No.3s fetched $15 to $25 for light weights, while some 28 weights topped $15.75. Cattle trade was small at 1,200 head with steady to higher steer and heifer prices and futures noted.
Chicago AP reports wheat futures gained about two cents a bushel on the Board of Trade while other commodities rose modestly. New crop wheat months drew strongest support from an advisory service urging long positions, with old crop months failing to hold highs. March wheat near $2.02, soybeans up to $2.44, corn up about 4-5 cents. Livestock prices mixed as cattle and hogs show firmness, notes on Senate literacy test debate and Burke remarks.
Notice summarizes appointment 14847 and reports 1961 sales for Sealectral Corp rising 20 percent to a new record. Sperry Gyroscope Co announces a $15 million Navy payment for Polaris submarine navigation systems. A Prague Pravda report notes a Czechoslovak peasant sentenced to four years eight months for slander and failing to deliver farm products.
Notices announce the January 1962 appointment of estate administrators for Harri son Birkenbine and Curtis J. Hours, with six month claim deadlines. The page also reports oil earnings, GM profits, airline merger rulings, and a flood of township and public sale notices from Anderson and surrounding towns.
John Kellegge chairs the Madison County U S Savings Bonds Committee. A December report shows county savings bond sales at 609,166 compared with 467,402 a year earlier. Statewide December sales total 10,074,181 versus 10,441,433 for the same period in 1950, a 3.5 percent drop. Forty two of ninety two counties report sales gains for the month.
The third School of Missions session at East Lynn Christian Church opens Sunday at 6 am with a supper for all attendees. Rev George A Harris pastor and Mrs Charles Stiner chair the event with Rev Sherrill Hayes directing resources. Byron Spice, Christian Churches missionary to Latin America, speaks. Spice has served in Mexico Paraguay Bolivia and Peru with the United Christian Missionary Society and other posts. He is Purdue educated and married to Marjorie Lee Davis. they have four children. Six others are reported arrested in Jakarta in connection with an assassination attempt on President Sukarno.
A pastoral care and counseling center will open Thursday February 3 at the First Methodist Church in Muncie with a 1 30 p m banquet for church leaders and community members. Dr. Robert W. Fridley says counselors are pastors by nature and services are offered regardless of creed, sponsored by the Indiana Area Methodist Church committee with similar clinics already operating in Muncie and Indianapolis.
The notice lists a public sale on Saturday January 27 1962 at 10 30 A M. Brumfield acts as clerk with H D Kirk as auctioneer. Property owner is Kelly Fowler with references B-1/20 H-1/24 1/26.
Janree G. Schuster of Central Christian Church will join five Indiana delegates from the Indiana Christian Churches Christian Action and Community Service department at a federal foreign policy briefing conference on Thursday February 1 in Chicago. The event invites press and local leaders to discuss current international problems with State Department and federal officials. a similar briefing will be held in Minneapolis for North Dakota South Dakota Minnesota and Wisconsin.
Concord New Hampshire Gov Wesley Powell proposed that New England governors pursue including the Boston and Maine and New Haven Railroads in the proposed merger of the New York Central and Pennsylvania Railroads. He planned to urge colleagues at the regional conference in Stowe Vermont this weekend.
An uncertain daily timetable lists multiple events at the YMCA and local organizations. Items include breakfast and membership sessions, business education dinners, Boy Scouts activities, marketing meetings, swim awards, junior life saving, men's judo, family swim, and a basketball schedule.
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