Stock Market Gains Sharply on Steel Rally
New York stocks rose sharply led by steel issues as investors bid up basic industries after a steel sale surge. The Federal Reserve announced rate cuts for Philadelphia and San Francisco banks, but margin rate action remained unchanged. Industrials and blue chips such as Anaconda General Electric Westinghouse Union Carbide and Sears Roebuck posted solid gains as the market extended its advance late in the session.
MENTIONED IN THIS ARTICLE
New York
UPS
Federal Reserve Board
Philadelphia
San Francisco
Fed
Universal Cyclops
Republic
Youngstown
Jones & Laughlin
Lukens
Wheeling
Market closes lower amid continued profit taking
The rails ended lower for a sixth straight session while utilities firmed. Procter & Gamble and Du Pont led gains, with 509 advances, 69 new highs, 484 declines, and 81 new lows as 1,235 issues traded, down from 1,211. Volume eased from the prior session.
MENTIONED IN THIS ARTICLE
Proctor & Gamble and
du Pont
Kansas City Southern
Louisville & Nashville
Great Northern
American Exchange
Stock Quotations Format and Notation Clarified
Market quotes are presented with higher scores shown first and lower scores offered. Brackets or parentheses denote adjusted values. The guide explains how to read bid and ask figures and interpret price changes.
Corn Planting Progress In Indiana At Midweek
Purdue statistician Robert Straszheim reports 55 percent of corn planted in Indiana by week’s end, ahead of 1957 flood year but below last year’s 70 percent. Soybeans at 25 percent planted. stands average, wheat headed about half, hay largely uncut due to rain. farm work six days behind normal. moisture ample except southeast subsoil shortage.
MENTIONED IN THIS ARTICLE
Lafayette
Ind
UPI
Indiana
Robert F. Straszheim
Purdue
Straszheim
Leisure Perils Kill Twice as Many Off the Job
An analysis shows off the job mishaps claim twice as many American lives as those due to regular employment. Research highlights risky activities, home accidents, and outdoor dangers as major contributors to nonwork fatalities.
Dow Jones closes with mixed range of averages
New York UPI reports the Dow Jones closing range of averages with the Industrials up 2.98 to 627.87, rails down 0.57, utilities up 0.25, and 65 stocks up 0.53. Bond closes show small gains on several issues and the commodity futures index ends at 146.27.
MENTIONED IN THIS ARTICLE
A&p
American Airlines
American Tobacco
Esa
American Tel. & Tel
Ark & la
Alcoa
L‘e Beth. Steel
Ceesna Chrysier
Dow
Dupont
Eastman Kodak
Ford
General Dynamics
General Electric
General Motors
Goodyear Inter Harvester
Kimberly-Clarx
Kroger
iLaunch Corp
Minnesota Mining
National
New York Central
Olin Mathieson
Park Davis
Pennsylvania
Ry. iPfizer
Chas
Pierce Industries
Radio Corp of
Sears Roebuck
Southern Co
Sperry Rand
Standard Oil
Standard Oil of
Ind
Swift & Co
Texaco
Texas Instruments
Union Carbide
US Steel Bila Westinghouse
Zenith
Dow Jones
Secennea Mms
Indianapolis Grain Indianapolis
New York
UPI
Dow-Jones
Livestock and poultry market results with mixed hogs and cattle
Muncie hogs steady to 10 cents higher with top No 1 hogs at 17.85 for 200 240 pounds. Cattle ranged with choice to prime steers 26 to 29 and cows 16 to 18. Calves 23 to 28, spring lambs at 21. Indianapolis poultry and eggs quoted for northern and southern Indiana fryers and eggs with regional price ranges. Also a note mentions auto assembly plants in 42 states.
MENTIONED IN THIS ARTICLE
Indianapolis Poultry
Indianapolis
Indiana
Butcher Hog Market Reaches Peak Since May 1959
Chicago report notes the butcher hog market rose for several days with prices up 25 to 50 cents per hundredweight, top at 18 dollars. About 200 head in the 190-220 lb range sold at that level, other 190-230 lb hogs at 17.50 and up, heavier weights down to 15.75. Sows firm to up 25 cents, $13.75-15.25. Cattle and veal markets varied with steers 25.75-27.25, heifers 22-26.50, vealers 25-29, bulls 20-21.50. Lambs 23-24, and ewes up to 7.
MENTIONED IN THIS ARTICLE
Chicago
Milk Radioactivity Holds At Safe Level
The Public Health Service reports radioactivity in milk air and water remains at levels deemed safe. The first monthly environmental report shows December 1959 strontium 90 in milk near earlier readings, while some spinach tea and animal forage samples show higher levels but not hazardous in an average diet.
MENTIONED IN THIS ARTICLE
Washington
UPI
Public Health Service
Average railway passenger journey in the United States
The article notes the typical railway passenger trip in the United States covers about 72 miles based on current estimates.
Public Auction Listings by Multiple Auctioneers
A dense settlement of auction notices lists dates June 3 to June 18 for real estate, household goods, antiques, farm property, and personal property across multiple locations in Indiana. Names include Joe Kellum Jim Bradley Earl Cornwell Don Richardson and others with addresses in Muncie Anderson Knightstown Markleville and nearby towns.
MENTIONED IN THIS ARTICLE
Madison Circuit Court
Maxine Wilbur
Bertha Cagle
Madison County
Indiana
Collier Furniture
Wilkinson
Joe Kellum
Jim Bradley
Murry Travis
Lafayette Street
Elbert C. Frazee
I. J
Amy Botkin Jordan
Riverside Ave
Muncie
Earl Cornwell
Erma I. Ludwig
West Pine Street
Knightstown
Irene Kemp
Anderson
8Th Street
H. D. Kirk
Geo. Paschal
Broadway
H. D Kirk
N. Rigney
C. Nelson
C. Mc Danie
H. Lanham
G. Hancock
E. Lewis
South State St. Markileville
Wendell Ellison
Main Street
Fee M. Hood
Charlies Lawler
Lewis J. Williams
Thelma Stokes
Markleville
William L. Peck
South C St
Elwood
Egbert Hood
Don W. Peck
Person
Elbert H. Whelchel
Walter E Jarrett
Nichol Ave
Whelchel & Byrne
Collier Furniture Company
Ind
Cash Collier Furniture Company
Audrey Wolski
Also Mentioned on This Page
Thursday Herald
Rational Liquidators
Meridian
Renee
Courtesy Thomson & McKinnon
Mee & Ladies
Fei Ig
Nlus
Muncie Livestock
C.D.T
Medidian Street
United States District Court
Southern District of Indiana
C D.T
Meridian Street
Gerald P. Shine
Jack B. Campbell
N.E
Section 11
Township 21
Jesse Chalfant
Robert R. Robbins
William F. Lawler,Jr
Main St
Anderson, Ind
Philco TV
RCA TV
Don Richardson
Wardell Flatford
Riverside Avenue
Muncie, Indiana
Dresden
Royal Worcester
Spode
Davenport
Sheffield
Sterling
Earl’s Auction
J. J
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