Shares Reach 1962 Lows In Broad Market Selloff
New York stocks slid to fresh 1962 lows as heavy trading sent many leading issues down more than $2. The AP index fell to 202.50, the Dow dropped to 539.19, and the S P 500 slipped to 52.68 while 996 stocks declined and 160 rose. Major losses hit General Electric Republic Steel Eastman Kodak Goodrich Rubber Pfizer and others.
MENTIONED IN THIS ARTICLE
New York
General Electric
Republic Steel
Eastman Kodak
Goodrich
Pfizer
Los
U.S. Steel
Ford Motor
Woolwo Boeing Aircraft
United Craft
United Air Lines
Madison County Farmers Union hosts ice cream supper and cake contest
In Frankton, the Madison County Farmers Union held its annual ice cream supper and cake contest at the Frankton School. Horace Somers presided, devotions led by Mrs. Charles Hurst, and a committee named to oversee 4 H Fair Farm Union interests. A district picnic plan was announced and a telegram urged Rep. J Edward Roush to vote for the farm bill, which later failed.
MENTIONED IN THIS ARTICLE
Frankton
Madison County Farmers Union
Horace Somers
Charles Hurst
John Wilson
Clem Millspaugh
Walter Hurst
Farmers Union
Madison County
Fred Brotherton
Max Elsworth
Ernest Johnson
J. Edward Roush
Negotiations on a Status of Forces Pact
The United States and South Korea agree to negotiate a status of forces accord including criminal jurisdiction for over 50,000 U.S. troops in Korea. A State Department spokesman declined to confirm a final agreement and timelines, as South Korea’s government under a military junta plans a June 1953 transition.
MENTIONED IN THIS ARTICLE
Washington
United States
Soch
Charles C. Mill
Sue Hosekawa
I United Society
Mexico
East Lyon
Sue
CI U.S Who
Anderson
J Anderson
Ico City
Public Heart
Menxico
Tis
Local Livestock Market Prices Displayed
Market price list for steer and other livestock shown with local figures. Data reflects current prices and available lots from regional sellers. Farm buyers and ranchers review entries to gauge bid values and market trends for steer consignments.
Hogs Lead Mixed Indiana Market Gains at Indianapolis Yard
Hog prices rose 25 to 50 cents at the Indianapolis yards where the day’s top pig sale reached 19.50 per 100 pounds for select No 1 and 2 hogs. Cattle and lamb trades were uneven with calves steady and spring lambs pulling $22 to $24.30, while cows and bulls showed modest movement.
Hogs Reach Year High in Chicago Market
The hog price surge in Chicago hit a 32 year high with steady to 25 cent gains and peak bids near 19.73 per cwt for hogs under 250 pounds. Mixed No 1 and 2 grades at 190 to 230 pounds sold 16.75 to 19.25, with some 211 lb averages at the peak. Slaughter steer and heifer offerings were light and lambs showed a slight drop, signaling trend.
MENTIONED IN THIS ARTICLE
Chicago
Coad
Grain Prices Slump Sharply In Early Trading
Market reports show grain prices dropping significantly with declines across key contracts. Traders cite weaker demand and harvest timing as factors while buyers await new supply data and policy signals.
Auction Sale Listings Across Town
Ads list multiple auctions on Saturday June 23 at 1 PM in various locations including Kern Puybie Anet M lfnod Ay and Berney A Thranebu's estate goods and furnishings. The notices name streets and general sale items with times and districts, reflecting a busy local auction schedule.
MENTIONED IN THIS ARTICLE
George Wreper
Ars
Alm
Duana
Kern
M. Lfnod
Berney A
Thranebu Istratrys
Pratidars Santee
Jane
Batite
Bratlew
Lew H
Harris Sherrill Teachings Highlight Local Christian Education
Fragmentary OCR notes reference George A. Harris and Rev Sherrill D across Christian education themes in a local context. The readable bits suggest a discussion or event involving church leaders and educational work.
MENTIONED IN THIS ARTICLE
Souk Hee Alwui ueReou
George A. Harris
Rev
Sherrill D. R
Shares Fall to Lowest Levels Since 1958 in Market Plunge
The New York stock market dropped sharply on Friday with the Dow Industrials slipping 11.30 to 339.19 the lowest close since October 28, 1958. The AP 60 stock average fell to 262.40, its low since November 1938, as volume fell and 986 stocks declined against 160 advances.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Dow Jones
Wall Street
Dow
American Investment
Thursdon
New York Stock Exchange
American Stock Exchange
U.S
Delayed Appropriations Face Prolonged Impasse in Washington
Congress hovers over funding as the new fiscal year nears with most 1963 spending bills stalled amid a House Senate power clash. Chairman Clarence Cannon proposes a continuing resolution to let agencies spend at last year’s levels, while Republican John Taber favors 30-day renewals.
MENTIONED IN THIS ARTICLE
Washington
UPI
Congressional
House
Senate
House Committee
Clarence Cannon
D-Mo
Riday
John Taber
R-N.y
Appropriations Committee
Cannon
Occupational Stamp Deadline Set July 2
District Director Sterling M. Dietz of the Internal Revenue Service in Indianapolis says all liable businesses must register for occupational stamps and pay the required taxes by July 2 1962 for the fiscal year ending June 30 1985. Reports and forms are available from local IRS offices and deposits for taxes over 100 dollars are due July 2 1962 via banks or Federal Reserve. A separate note mentions flax fiber producers in North Dakota and tulip growers seeking a true black tulip.
MENTIONED IN THIS ARTICLE
Sterling M. Diesttich
Internal Revenue Service
Indianapolis
Indiana
Internal Revenue Office
Bismarck
X.D
Sterling M. Dietz
Federal Reserve Bank
Also Mentioned on This Page
Farmers Union For Farm Bill
Bulletin-Herald
Ben
School of Theology
Anderson College
The
Church of God
National Woman's Missionary Society
Pian Amexico
Catile
Muncie
Wm. Flowler, Jr
Citizens Bank Bldg
Chesterfield
6Th Cross Road
Pass
Madison County Superior Court
Floyd D. Chambers
Lindberg Ra
WM. F. Lawler, JR
Citizens Bank Blilg
Anderson Maricifal Airport
Anderson’s
Ash Troy
Pendleton Ave
Admiral Deluxe
Lafe Smith
Peter Lawford
Stanley Danta
Paul Ford
Bob Munson
Walter Pidgeon
Allen Drury
Otto Preminger
Keith
Indiana Association For Mental Health
Edward Kingery
Madison County Association For Mental Health
Citizens Bank
Maroun
Zale’s
Meas Asta
Alrico
Morlar
Olsen and Ebamn
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