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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jul 02, 1957
Page
14
The market moved irregularly Monday closing below two million shares with few gains. Utilities rebounded while steels and copper declined as world prices fell. AP average rose 20 cents to 182.40 with volume 1.84 million, reflecting summer slowdown.
General liquidation and profit taking sent grain futures lower on Monday at the Board of Trade. Soybeans, wheat, and rye fell over two cents or more, with corn and oats down fractionally. lard rose 15 to 35 cents per hundred pounds. Weather and crop expectations influenced the market as rains battered Kansas and Oklahoma, raising concerns for winter wheat, while government forecasts pointed to limited fall rainfall in the Southwest and a potential large soybean crop if farmers switch acres.
U S government bonds extended gains for a fourth session on Monday. Corporate bonds closed notably higher amid moderate trading with volume rising to 4.61 million dollars per value from 3.77 million Friday. Rails and industrials held steady while utilities edged forward.
New York reports annual mill shutdowns easing textile markets with hopes for better business after mid July reopening. Cotton prices hold near unchanged while some rayon acetate taffetas in synthetics rise. An official from Nationalist China visits Indiana for a five day study of the Bureau of Factory Inspection under the Reconstruction department. Auction notices: Realty and executor sales listed for July in Indiana.
Chicago reports hog prices generally steady to 25 cents lower as offerings rise. No. 1 to 3 hogs 190 to 225 pounds sold up to 20.00, while 330 to 400-pound sows brought 16.00 to 17.00. Salable hogs 7,500 head. fed steers and heifers mostly higher. spring lambs up 0.50 to 1.00.
The reader is advised on hip-slimming exercises to improve silhouette. Instructions describe side-lying leg movements and a scissors motion to reduce hip prominence. A self addressed envelope to Josephine Lowman via the Register and Tribune Syndicate in Des Moines, Iowa, is requested for the leaflet.
Prices for butcher hogs remained about steady in Indianapolis with late sales weak to a shade lower. Bulk hogs 190 to 240 pounds sold $19.25 to $19.75 with some loads at $20, while 160 to 185 pounds brought $17.50 to $19 and 120 to 160 pounds $15.50 to $17.50. Cows and bulls showed gains with cows up to 25 cents and bulls up about half, while steers and heifers stayed steady to strong. lambs stayed steady with good to choice at $20 to $22.50 and ewes $3 to $7.
New officers of the Madison County Young Democrats Club were installed at the Grandview clubhouse over the weekend. Mayor Ralph Ferguson delivered the principal address. officers installed include Louis Caplinger president, Dorie Davis vice president, Faye Bohlen secretary, E. H. Hostetler treasurer, Basil Davis membership director, with Robert Rock serving as master of ceremonies.
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