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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jul 13, 1957
Page
6
A late rally led by motors and steels lifted the New York Stock Exchange average to a third new high of the week. The rise added about 1 percent to quoted stock values amid mixed early prices and below average turnover.
Dr. H. V. Lindsay headlines the Healing Light program airing on WCBC 1470 on Sundays from 9:00 to 9:30 am. The speaker outlines spiritual guidance and broadcasts on the local station.
About 60 stocks rose a dollar to a 57 high of 188.80 as industrials set a new record and rails gained 60 cents while utilities rose 40 cents. Volume reached 2.24 million shares during an air raid alert, down from 2.83 million on Thursday. The American Stock Exchange showed mixed prices on 980 thousand shares, down from Thursday’s 1.01 million.
Market prices list for cattle by weight class from 200 to 300 pounds with per hundredweight figures. grain futures and commodity notes reference soybeans wheat corn and rye. poultry and eggs sections show receipts and assorted items. Local sellers and buyers likely used this page to gauge current values and inputs.
Spot selling of print cloths drills and sheetings predominated in the cotton textile market. Mills sought improved business later this month. Wool buying for filament goods for third quarter delivery was reported in a small way. The Nile at 960 miles remains the sole river in Egypt.
Hogs ended the week higher with top quotes at 21.65 each for 200 pound No 1s, the strongest since June 1955. No 1 and 2 200 to 220 pound butchers sold around 21.50, sow prices 17.25 to 18.50, salable hogs 5 000 head. Cattle and veal steady. fed steers 25.50. lambs 22 to 24.
Kelly Petillo, the 1935 500 mile race winner, has 11 months and 29 days added to his sentence for parole violation. Petillo, convicted of assaulting a young secretary in 1949 and paroled in 1955, was arrested in May for returning to Indiana from California without authorization.
Soybeans rose near the daily limit on Friday as strong buying carried other grains higher. Traders cited strong demand, expected lighter soybean plantings, and a government forecast of reduced acreage along with a CCC sale of flax as fueling the rally.
Hogs showed steady prices at Muncie Friday with hogs mainly in the 200 to 360 pound range fetching from 18.25 to 21.50. Cattle includ e prime and good steers from 16.00 to 25.00 with cows and heifers in the 12.00 to 23.00 band. Lambs and sheep were steady with spring lambs around 21.00 and sheep near 5.00.
Higher grade bonds steadied while convertibles mixed amid slow trading. Utilities led the tone as U S government bonds advanced in meager over the counter activity. Total corporate volume on the Big Board was 2,980,000 par value versus 4,200,000 Thursday.
The listing notes a 1955 Chrysler New Yorker Model C-68 Engine NE55-30097 with 8000 miles in excellent condition. Also mentions a 1 Lake Barge with 10 HP motor and a real estate description active until August 24 1957.
A roundup of fresh civil actions and court actions includes General Motors Acceptance Corporation against Ray Fowler on a conditional sales agreement. Pipe Creek School Township against the Town of Frankton to vacate streets and alleys. several divorce filings including Norma J. Zimmerman v Richard H. Zimmerman Wanda E. Smith v John C. Smith Gladys Estell v Dan Estell. and dismissals or findings in various cases.
Local 663's Anderson Little Leaguers win as R. J. Anderson leads with solid pitching and timely hits. Line scores show Midget, Pepsi-Cola, and Pay Less divisions contributing to the victory in SHADYSIDE with key performances from Lydick Holt Bennett York and teammates.
Limited hog sales Friday were steady to 25 cents lower early, then mostly steady with top prices down 25 cents. Prices ranged from 16 to 21 dollars for various weight hogs, cattle steers and heifers sold around 23.50 to 25 dollars, cows 11 to 16, calves 16.50 to 22.50, and spring lambs 16.50 to 22 with ewes at 7 dollars.
Eight presidents of the United States were born in Ohio illustrating the state’s notable role in early national leadership. The fact underscores Ohio as a cradle of influential leaders across American history.
Public auctions announced with times and locations including July 13 at 12:30 P.M. for Mr and Mrs Hyatt Harris at 3631 Columbus Ave Elbert Frazee Auctioneer and July 13 at 10:30 A.M. for Jim Dunlap Broker at 235 W School St Elbert H Whelchel Auctioneer. Also July 13 at 12:30 P.M. for Mr and Mrs Robert Hines at 1120 Monroe St Alexandria egg Hood Auctioneers. July 20 at 2 P.M. for Wm T Shaw Household Auction at 2446 Lafayette St Petty Dean Auctioneers.
Hartack, taped back after a spill at Arlington Park, says he will ride Iron Liege in the Arlington Classic. Calumet trainer Jimmy Jones allows the ride if Hartack feels up to it as eight starters compete for a top purse of about $106,950.
Huntington High School named Charles Myers as head football coach to replace H B Williams who resigned to teach in Taft California. Myers 31 has four seasons coaching at Rensselaer after two years at Carmel and will also coach track and freshman basketball and teach. He is a 1950 Ball State graduate.
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