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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jun 29, 1954
Page
7
The Chicago Board of Trade saw soybeans, especially the July delivery, firming despite early losses as new crop months gained. Wheat and corn fell on hedging pressure while oats and rye showed mixed moves. cash soybean rumors and short covering pushed July futures higher with new crop months trading at discounts and export demand cited for strength.
Financial notes show fluctuating quotes with ranges and entries for Amer. Tel and Aviation Corp. including fund movements and volume data. Mentions Wallington and June figures, with references to market activity and day’s close details.
The stock market climbed to a new high for the period as Du Pont led with a 154 point gain. The Associated Press average rose 9 cents to 128.20, with motors, televisions, chemicals and electrical equipment stocks advancing while oil shares fell. Trading volume on the NYSE dipped slightly to 1,690,000 and bond activity showed strong New Haven Railroad demand amid mixed utilities.
Indianapol is Spl reports light and medium weight hogs and cattle selling mostly 25 cents under Friday's averages in moderate activity. Hogs 8000 head. butchers 24.50 to 25. lightweights 25.25. 240 to 285 pounds 23.50 to 24.50. 120 to 180 pounds 19.50 to 21. sows 300 to 400 pounds 120. cattle 2300 head. slaughter steers and heifers slow. good to prime steers and yearlings 16 to 18. slaughter lambs 22 to 22.50. utility and good 15 to 21.50. ewes about steady.
A mixed market scene features hogs down to 50 cents and steers steady, with lambs firm at times. The report covers livestock prices, education and community talks including Al McColloum and Jack Sample, plus the appointment of Ben M. Nelson as manager of Imag Drug Store in Anderson.
Livestock market report shows hogs and cattle prices steady with various weight ranges cited. Executor and estate sales scheduled in Shirley and Anderson with multiple personal property auctions, real estate, and household items listed for July dates.
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