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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jul 06, 1960
Page
25
New York stocks declined moderately on Tuesday as drab industrial news and Cuba tensions fueled nervous trading. Dow fell 0.39 to 640.91, AP average down 0.40, rails and heavy industries weak while utilities, foods, and tobacco showed some defense buying. Turnover 2.78 million shares. 449 advances, 534 declines.
Stock Quotations show bid and ask ranges with brackets and parentheses. Diesel ferries have largely replaced England's paddle steamers.
AP Chicago report notes poor demand and ample supply pressing livestock prices. Hog offerings under 230 pounds fell 25 cents. 190-220 pound trades ranged 13.25 to 18.50. heavier hogs down to 15.50. Cattle markets show 26,000 head on sale with prices 75 cents lower for top grades. heifers soft, vealers steady. lambs 19.50 to 22, ewes to 6.
Hogs were steady to 35 cents higher with weights 200 to 300 pounds selling around 15.59 to 17.50 per cwt. Sows and bulls showed mixed movement with prices near 17.00 for sows and 21.00 for bulls. Calves and steer heifer categories ranged 22.00 to 30.00 per cwt as buyers adjusted quotes.
A New York AP report says Switch Survey expects stocks to advance amid a bullish trend in coming months. Margin cuts and earnings data from 31 firms hint at a modest, uneven gain with focus on specia lties.
The North Hoofbeats 4-H Club convened its seventh meeting June 30 at 7 30 p m on the Alexandria 4-H fairgrounds. A preliminary show was discussed but a final vote was postponed to the next meeting. The group plans a slide presentation on Appaloosa horses for the August 4 session. It also notes a separate Utah note about a doomed person choosing between gallows or firing squad.
Hogs were steady to 25 cents higher with top hogs near 18.25 for 2 to 249 pounds and lighter cattle sections showing steady to firm ranges. Cattle and calves listed varied by grade with steers and heifers generally in the low to mid 20s for prime grades and cows from 10 to 15 dollars, lambs around 20 dollars, and slaughter sheep 4.50 to 6.00.
In Indianapolis, hogs advanced 25¢ to 50¢ amid active trade. Prices for various weights ranged from 14.75 to 26.50 per hundredweight, with steers, heifers, cows, and lambs showing mixed but solid demand through the session.
Chicago AP reports a third straight general advance in grain futures on the Board of Trade. Rye led gains with strongest rise. corn and soybeans followed though profit taking later pared some gains. Wheat and rye finished higher in July contracts while corn and soybeans posted solid gains amid firm ranges.
New York police report Robert McCorgray 29 forgave wife Eileen 31 after she slashed him with a beer opener and he withdrew charges. She later burned him with hot grease in the kitchen, leaving him with facial and body burns. Eileen appeared in magistrates court in a white top and pants, held on felonious assault bail.
YMCA Girl's Departments schedule a Thursday hike from the downtown Y to Emge's Packing Company at 9:00 a.m. The tour ends with a plant visit and a return hike to Riley Park for games and a picnic lunch. They then return to the Y for 1:45 p.m. Open Swim. Each girl should bring a sack lunch bathing suit and towel. Attendees range from 9 to 14 years old Coventry, rebuilt after World War II bomb damage, lies near England's center.
James L. Robinson a foreman in Guide Lamp's Department 390 received 2500 dollars for a maintenance saving suggestion. Thomas M. Stiles of Department 490 won a 1000 dollar award for a similar improvement. These were the first major awards for both men.
Air movements through Pago Pago American Samoa increased by 123 percent during the previous year indicating a surge in air travel and shipments through the island territory.
The annual Delco Remy and Guide Lamp retirees picnic is set for Tuesday July 19 at Killbuck Park. Activities start at 10 a.m. with registration through noon Introductions are at 1 p.m. by Donald L Boyes and Byron L Stewart followed by a 2 to 3 p.m. professional variety program.
Revival services at the Westside Tabernacle at 23rd and Dewey Street continue through July 17 with evangelistic services at 7 30 p m daily. Paul Wise Munice is evangelist and Bruce and Amy Robertson are song evangelists. The Rev Harold Boling pastor and Philip Bilby Sunday School superintendent invite all to attend.
The YMCA Boy's Dept. plans a destination unknown hike for today leaving the Y at 9 AM. After lunch and play at a city park the group returns for a 1 PM swim and 2 PM movies. Boys should bring a sack lunch and bathing gear.
In Indianapolis a 49 year old carpenter, Clarence W Henson, was shot and killed as he tried to enter his house. Tenant Lawrence A Sylvester 54 admitted firing through the door a preliminary murder charge. Sylvester said Henson had been drinking and smashed a door glass panel after being refused entry. Sylvester's wife Edith 54 said there had been no prior trouble. The couple’s seven children survived them. In Bombay floods kill 30 across Kathiawar Gujarat reports.
Public notices advertise a Lat July 910 A M sale by Harold Southard at 304 E 66th Street. Also listed is a furniture sale on Fri July 23 at 1 P M by Egg M Hood Auctioneer at 52nd and Madison Ave Rd, formerly Old Brown St Rd. Brad ley Kellum acts as bonds or agents.
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