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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jun 19, 1957
Page
25
New York stocks eased with aircrafts, nonferrous metals, and oils leading losses. The Associated Press average fell 90 cents to 185.40 as industrials and rails declined, gains scarce, and volume rose modestly amid tightening money and finance hearings.
Corporate and U S government bonds fell to year low levels on Tuesday. Short term money rates climbed further and a top-grade utility paid 4.91 percent on 70 million dollars in financing, its highest in 27 years. Corporate trading on the Big Board reached 5.13 million, the strongest since April 10. Over the counter long term government bonds remained thin with prices drifting down. Convertibles dropped sharply with stock declines.
Of 223427 miles of railroad in the United States in recent years about 222934 miles or 9974 percent were standard gauge. There were about 584 miles of 3 foot gauge in various localities.
In Muncie hogs sold mostly 53 cents lower with No 1 hogs at 20.35 for 180 to 240 pounds and 17.50 to 19.60 for larger weights. Cattle offered a range with prime steers up to 25 and cows around 14 to 15. Calves and lambs showed steady to lower moves. New York notes reference Dr Willis Carrier and a da Vinci air ventilation claim.
In Chicago trading the Board of Trade showed a weak trend with losses up to 1.25 cents on several grains. Rye and oats fell while wheat closed mixed after a slight rally, as hedge selling weighed on prices. Weather and government sales influenced markets as corn planting nears completion and CCC bean sales shape supply.
Farmers in the United States use about twice the petroleum driven power of all factories and industries combined in the nation. This highlights the heavy energy needs of agriculture relative to other sectors.
The executor of Marie M. Collier’s estate in Madison County Indiana announces a 1 00 P M July 11 1957 public auction of a 50 foot strip off Lot 5 Block 5 E M Jacksons First Addition Anderson at 229 W 14th Street. Real estate to be sold for cash not less than two thirds of appraised value with 1000 down and 30 days to pay balance, title by abstract, free of liens but subject to 1957 taxes and tenants rights. Personal property including living room furniture piano beds and more to be sold immediately prior to the real estate sale with real estate to follow at 2 00 P M. Inspect by arrangement with George Seright.
Local livestock prices shown for 200 to 220 pounds at 19.65 and 19.40, 240 to 260 pounds at 19.15, 260 to 280 pounds at 18.65, and 2 to 200 pounds at 17.90. Grain prices list soybeans 14, corn 1.19, with sugar content notes. Anderson Poultry items include heavy hens and leghorn hens, and current receipts eggs at 0.22.
Eighteen head hogs topped at 21.00 matching earlier peaks as hogs averaged steady to 25 cents higher. Sows stayed steady to strong while No 1 to 3 butcher hogs hit 20.40 to 20.50. Cattle receipts ran 5,500 with steers steady to five cents lower and prime loads at 24.00 to 26.50. Spring lambs 21.00 to 23.00 for 92 to 100 pounds. salable receipts 1,000 head.
In New York the cotton textile market shows spot cloth selling dominance with prices largely unchanged. Wool goods reorders for fall lines are limited. Rayon dealers report further buying for filament construction for third quarter delivery and finished rayon linings sell fairly well. Amsterdam reports Western Europe took 65 percent of Netherlands exports last year with 18 percent to West Germany, 14 percent to Belgium and Luxembourg, 12 percent to the United Kingdom, and 5 percent to France.
A series of auctions scheduled from June 20 to June 23 across towns near Muncie Pendleton and surrounding areas. Listings include real estate auctions and personal property sales with locations on Main Street West 3rd Street State Road 13 and Fall Creek Drive. Auctioneers include H D Kirk Ege Hood Elbert Wheichle and Hector Kirk.
Hog prices fell 25 to 50 cents on lighter and heavier runs with 190 to 240 pound barrows and gilts at 19.50 to 19.75. Loads under 230 pounds sold near 20 while 240 to 270 pound hogs drew 18.75 to 19.50. Cattle and calves showed mixed moves with steers and heifers mostly steady, cows weaker, bulls near steady, and spring lambs around 20 to 22. Ewes held at 6.
Multiple legal notices dated 1957 from Madison County Indiana including Betty P Edwards divorce suit with Aug 24 1957 answer deadline, Daisy J Mudd estate final settlement, and General Telephone Company of Indiana extended area service hearing notices with July 9 1957 public hearing details.
Peiping radio aired Mao Tze tung secret speech admitting the Hungarian uprising jolted China and sparked hope for change. He urged ruling Communists to govern through persuasion and education avoiding ruthlessness, while defending Soviet interpretations and noting China’s special case.
The American Veterinary Medical Association reports a new hen illness in the South and East linked to high fat feeds. Affected hens show liver fat as high as 65 percent versus about 10 percent normally, with cessation of egg laying as the first symptom.
In Omaha a thief removed molding around a plate glass window, lifted the glass pane onto the sidewalk, climbed inside, and stole 20 cartons of cigars, 23 cases of whisky, and some cash.
One day ads, three day ads, six day ads and one month ads have cash discounts of 20 percent or 7 day payment. The Herald and The Bulletin total costs shown. Ads only in six point and twelve point type. White space charged as a line. Deadline: Bulletin by 9 am day of publication. Herald by 3 pm day prior. Anderson Newspapers, Inc reserves right to classify ads.
A local provider offers a friendly budder service for those who cannot meet their bills on current income. The program emphasizes a single payment location to simplify the process.
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