Stocks Rally Ends Monday Blue Monday Streak
The New York stock market halted six straight Blue Mondays with a strong rally in moderate trading. AT&T earnings boosted confidence, North American Aviation won a $289 million rocket engine contract, and the AP index rose 3.70 to 213.20 while the Dow gained 12.47 to 573.75 as volume eased to 3.45 million shares.
MENTIONED IN THIS ARTICLE
New York
American Telephone
North American Aviation
AT & T
Associated Press
New York Stock Exchange
Strong Hog Prices Lift Market across Livestock and Stocks
Chicago figures show 7,500 hog head demand fairly active with prices steady to strong. No. 1 hogs brought 19.75 per cwt. mixed grades 18.50 to 19.25. lows at 15.75. Steers and heifers also firm with vealers to 29. lambs 20 to 23. Stocks rise on most active issues while Treasury bonds slip and corporate bonds mix.
MENTIONED IN THIS ARTICLE
Chicago
Beating Death Arrest Made in Indianapolis Case
Leon Primm 28 of Indianapolis was booked on a preliminary murder charge in the beating death of Ewing Waddy 50. Judge Ernie Burke continued the case until July 6 with no bail set and Primm held in Marion County Jail after conflicting statements about Waddy's disappearance. Waddy's body was found along the White River by Robert Lee Moore and officials suspect a dispute over a $2 debt sparked the fatal beating.
MENTIONED IN THIS ARTICLE
Indianapolis
UPI
Leon Primm
Ewing Waddy
Ernie Burke
Waddy
White River
Robert Lee Moore
Muncie Livestock Market Closes Early Today
The Muncie livestock market closes at 2 p.m. Any stock arriving after that time will be carried over to the next market day.
Wheat futures post gains on favorable rainfall reports
Wheat futures rose on the Board of Trade with rains across the Midwest delaying harvests, while corn and oats lagged and soybeans held steady. Trading showed speculators covering shorts and reinstating longs as wheat climbed to around 2.11 a bushel for July and corn slid to near season lows.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Midwest
Local Livestock Market Prices Summary
Livestock prices listed include hogs under 240 pounds 18.0 to 18.30 and 240 to 300 pounds 16.75 to 17.75. Sows show varied values. Cattle markets show good steers and heifers 21.25 to 24.25 with choice 24.25 to 26.25. Bulls priced around 20.25 to 15.90 in ranges.
Hog Prices Turn Weaker
Indianapolis market report shows butcher hog prices steady to 25 cents lower than Friday with most 190 to 250 pound hogs at 18.25 to 19.25 dollars. Sows and heavier cattle range mixed, steers and heifers mostly steady to higher, cows and bulls steady to weak. Lambs and mutton also conditioned. a few prime spring lambs sold around 22 dollars.
MENTIONED IN THIS ARTICLE
Indianapolis & (Spl
Auto output in U S to dip to weekly low amid Ford shutdown
Detroit reports UPI based figures show American auto production sliding to 106,944 cars this week due to a nationwide Ford plant shutdown. Output falls 27.8 percent from last week and 16.7 percent from the prior year.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Ford
Automotive News
Bedford-Nugent Ordered to Quit Non-Union Tactics
The Bedford-Nugent Corp of Evansville Indiana was ordered by the National Labor Relations Board to cease actions discouraging Local 215 of the International Brotherhood of Teamsters from organizing. The firm must halt threats of economic reprisals against employees who join or support the union.
MENTIONED IN THIS ARTICLE
Bedford-Nugent Corp
Evansville
Ind
International Brotherhood of Teamsters Union
National Labor Relations Board
C. W. Whittemore
Auction Sales Listings July Auctions and Locations
Public sales of household goods real estate and furniture listed by multiple auctioneers. Entries include addresses 518 East 18th Street 1425 West 11th Street first road north of Huntsville Road 67 White Oak Addition 2203 Broadway and auctioneers Bob Leeg Harry Hill Sr Richard Jarrett Joe Kellum and Mrs Bess Brown. Listings show dates in July and start times from 1 P M to 2 P M.
MENTIONED IN THIS ARTICLE
Bob
East 18Th St
Bob Leeg
Harry Hill Sr
George Raines
Richard Jarrett
Huntsville
White Oak
Joe Kellum
Bess Brown
Broadway
H. D. Kirk
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