Quotations in Stock Markets Indicate Bid and Offer
The report explains that quoted stock figures in brackets or parentheses show the higher asked price and the lower offered price, illustrating bid and ask dynamics in the market.
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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jun 15, 1961
Page
16
The report explains that quoted stock figures in brackets or parentheses show the higher asked price and the lower offered price, illustrating bid and ask dynamics in the market.
Shares regained ground as trading steadied amid a modest market uptick. The Dow Jones industrial average rose to 695.81 with narrowed gain margins as volume increased on the New York Stock Exchange and American exchanges reported higher prices, while analysts called the rise largely technical.
The first general advance in soybean futures in over a week lifted prices by about seven cents a bushel in July and added gains across other deliveries. Traders cited roughly 450000 bushels moved from Chicago commercial positions, firmer futures for soybean oil and meal, and steady to higher moves in corn and wheat.
Auction notices list two events on Friday June 15 at 1 PM for Goldie Scott restaurant equipment at 1635 John Street with Robert Chambers H D Kirk as auctioneer and on Saturday June 16 at 1 PM Richard F Devyisson executor conducts a real estate sale located north of Anderson 32 miles west.
Mixed regional prices show hogs steady to higher with weights 190 270 lb at 17.75 to 17.90 and 200 240 lb at 16.50 to 17.00. Cattle futures note prime steers 1450 lb plus steady to slight declines while 900 1300 lb heifers sell 21.59 23.25. Calves and bulls move varied with lambs at 120 to 118.
New York AP reports Eldon Grimm of Walston & Co says the market rests after a long rise, a healthy consolidation like a tiger sunning. He notes profit taking as buyers lock in six month gains and reduce tax impact while funds keep backing stocks for higher levels. Goodbody & Co warns of further consolidation before renewed uptrend and summer rally.
A cool weekend spreads across Indiana with a high in the 60s to 70s and humidity easing. Forecasters predict chances of thundershowers, with heavier rain possible Wednesday night in the southwest, while Purdue reports benefits to corn soybeans and tomatoes from recent heat and rain.
Auctioneer H. D. Hirk schedules sale of items owned by Goldie Scott and Robert Chambers with bidders in June 1415. Auction to be conducted by H-June 1415 and B-June 1415 under names Hirk and Chambers.
Executor of Rollie J. Bond estate announces a 10 00 A M sale on June 24 1961 by Madison County Superior Court order. Real estate Parcel No 1 covers 0 36 acre with specified lot dimensions along State Road 38. Also available for cash sale is extensive plumbing inventory and equipment stored in Parcel No 3 building.
The Muncie market ends by two with late arrivals carried to tomorrow. Hog prices show a 13 cent drop for 200 to 220 pound pigs and 220 to 240 weights around 16 to 17 dollars per hundredweight. Cattle prices remain steady with steer and heifer ranges from about 16 to 28 dollars, cows and bulls listed, calves and lambs varying by grade, per hundredweight.
The report shows steady to lower prices for butcher hogs, with weight 230 pounds and over discounted. Sows remained mostly steady, with several price ranges noted for various weights and types. cattle and lamb markets also described as steady amid mixed lots and receipts. A local obituary notes the death of Jacob Carwile, 83, of 1142 3rd Ct, with funeral arrangements at Harold E. Ro Me Funeral Home and Memorial Park Cemetery. Carwile, born April 5, 1878 in Livingston Tennessee, had lived in the area 37 years and worked in public schools for 16 years.
Howard Watson aged 20 of 118 Morton Street suffered lacerations to his arm and side and bruises to his left leg when his car was hit head on at the Silver and Birch Street intersection by Orville Melntire of 1418 Halford Street. Melntire faced charges of improper lane usage and improper registration after allegedly crossing the center line while attempting a right turn.
Office hours 9 a.m. to 5 p.m. Two-line or more ads 7e 29e per line per day. One-day ad size per line per day. Monthly rate six dollars per line with 20 percent cash discount or payments within seven days after pulling date. Ads run in both The Herald and The Bulletin. Line ads set in 6 and 12 point type. 12 point counts as two lines. No borders. white space charged per line. Ads start in Morning Edition.
A jumble of classified headings and promo text lists jobs training in IBM machine automation data processing and general ad categories. A training offer appears among listings for real estate autos and rentals with a note about financing and enrollment in Indianapolis Indiana.
Treasury Secretary Douglas Dillon urged Congress to lift the temporary debt ceiling to 296 billion dollars to cover an expected 1962 deficit. President and House leaders reacted quickly with a closed door Ways & Means Committee session likely to back the bill.
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