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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jun 08, 1954
Page
13
New York trading closed with a subdued session as prices edged forward at first then mixed into the afternoon. Railroads trended lower on losses, blue chips showed brief gains late, and the Associated Press average fell 20 cents to 125.49. Volume totaled 1,520,000 shares, among the year's weakest.
Chicago grains edged down after morning resistance as selling grew at times due to larger livestock receipts and looser lard quotes. Wheat fell about a quarter to three sixteenths, corn slipped a penny, oats and rye eased, soybeans dropped around half to five eighths, and lard declined. Harvest gains expanded in the Southwest as buyers stayed cautious. Enid Oklahoma received 1125 cars of new crop wheat, while US export subsidies rose and Canada trimmed export prices.
Local butcher hog prices rose 25 cents on light and medium weights with heavier hogs up to 50 cents. Hog prices ranged from 25.75 to 28.50 for various weights. Cattle and steers showed steady to higher trends with high choice steers near 24.00 to 26.00 for 240 to 770 pounds. Bulls and cows were steady to higher with lighter cattle in the 16.00 to 20.50 range. Volume noted at 1,520,000 with large loads arriving and market activity intense.
Hogs sold steady at 20 to 22.50 while commercial to low good ranged 17.50 to 23.50. County tax review session noted auditors treasurer and board members with yearling prices 19.50 to 23.50. Cattle shows varied results with cows steady and calves 13 to 17. Lambs weak to 15 but some higher 24 to 26.50. Also mentions New York textile prices, bonds, and Deseret Monument listings.
The Supreme Court upheld key provisions of the 1946 Lobbying Act requiring congressional lobbyists to register and file financial reports. The ruling avoided deciding penalties provisions, suggesting they could be addressed in later suits. The decision overturns a lower court ruling that struck the registration and reporting requirements as unconstitutional.
Yesterday several patients were released including Clifton Elliott of 11 Henry St Mrs Bernice Buller 731 W 3th St Leeson James Chesterfield Karen Elaine Snyder Alexandria Stires 1508 Euclid Mrs Norman Waugh and infant son 18024 KE 5th St Mrs Edward Teague and infant daughter Alexandria Mrs David Keeney and infant son 2320 Sherman St Mrs Hobart Smith and infant son Middletown Mrs Jack Davidson and infant son 2524 Brown St Mrs Anna Hale Edgewood Mrs Francis Schwants 1211 Madison Ave Mrs Ise Keesling 2909 Sheridan St John Clemens 1420 Sherman St GAS ON CREDIT Tulsa two thirds of auto service stations in the U S extend credit to customers and credit sales account for about one fifth of total volume.
William Wood Prince, head of the International Amphitheatre, says he wants the 1963 conventions held again at the South Side venue. He notes an air conditioning system installed for about 200000 and plans a 180000 addition, pending talks with Republican and Democratic officials about facilities for a new wing.
Special report from New York announces a new remedy termed Bio-Dyne leading to rapid pain relief and shrinkage of piles without surgery. The preparation named Preparation H is offered as an ointment with a money-back guarantee, promoted through drug stores nationwide.
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