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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jul 31, 1954
Page
24
A remodeling crew discovered a cache of nine gold coins dating from 1810 to 1878 hidden behind a brick wall in the 100 year old William L. Milner home in Kokomo Indiana. Some coins are $20 pieces.
Winchester Virginia mentions a tale of Clifford Nicholson Jr and Winston Churchill as pen pals, a lie detector test involving Mrs Trilda Billings, and political debate. Indianapolis hog market reports larger receipts causing lower prices across weight classes with latest bids shown for various categories including sows and steers.
New York stocks end the week with a fourth straight high, led by steel and aircraft shares. Youngstown Sheet & Tube and Bethlehem Steel rise while utilities railroads oils copper rubbers and radios climb. Merger rumors involving Bethlehem and Youngstown push steel stocks as trading totals show strong activity. Volume mirrors a busy year with the Amex also higher on solid turnover.
Market prices list 200 to 240 Ibs cattle at 21, 240 to 260 Ibs at 20.68, 260 to 300 Ibs at 18.15, with sows 18.50 and calves 17.00. Also includes poultry prices and multiple legal notices in Anderson Indiana about bids, final settlements, and public hearings for alcoholic beverage permits and municipal matters. New York rail and corporate market notes follow with named traders and locations.
Chicago market notes show hogs down in slow sale, with butchers steady to 25 cents lower for sows, prices weak for calves and cattle, and spring lambs weak. Reports include varied hog, cattle, and sheep values, plus municipal notices and ordinance items from Anderson Indiana.
Coleman Andrews told a House Ways and Means subcommittee the IRS frowns on dependents including dogs fictitious spouses and deceased mothers in law as tax write offs He criticized schemes such as a corporation executive deducting 48000 for call girls and warned jail sentences of up to three years for improper dependency claims He urged stricter enforcement to curb tax evasion through expense account abuse and dubious deductions.
The Indiana National Guard’s 13th Infantry Division will move back to more than 60 Indiana counties and towns. Troops completed a seventh annual postwar field training at Camp Gray and Camp Atterbury, traveling by convoy and bus. Maj. Gen. Carl O. DeBard praised the 15 day encampment, noting pay will be issued by check to benefit Indiana communities.
Loganport residents plan a community celebration for Mr. and Mrs. Peter Hollenback in Lucerne Indiana on August 11 marking their status as the oldest married couple in the state Their 100th wedding anniversary the remarriage is noted with the husband age 96 and wife age 100 in the report
A humorous school vignette features Miss Billis the kindergarten teacher engaged to the principal. A 5 year old questions and Miss Billis shows a ring while a classmate asks to see it squirt water. Student Michael Hornblow begins a composition with Water is a light colored liquid which turns dark when you wash in it.
Laggett and Myers Tobacco Company announced the introduction of its new king size 11 M Filters to be distributed nationwide. The new king size L M matches the regular version in all respects except for its larger size. Laggett & Myers previously offered Chesterfield in a larger size over two years ago.
Soybeans led gains on the Chicago Board of Trade in a week of strong advance with new seasonal highs across all contracts. Corn and wheat lagged, while the September bean contract rose sharply as shorts faced squeeze. The Agriculture Department reported July 1 bean stocks at the lowest since 1848, amid dry weather concerns in Illinois and Indiana.
Textile markets in New York were quiet approaching the weekend with scattered fille in lots in cotton and most business for spot delivery. Woolen and worsted prices held firm while rayon and lightweight spun fabrics saw modest Friday sales.
In Lima Angela Gerrard prepares in a dressing room for her first number at the Carrillo Hotel. She discovers her Latin heritage via a letter from Roderiguez Dominguez and embraces her true identity as the Cuban entertainer. The audience responds warmly as she delivers a passionate performance.
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