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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jun 30, 1956
Page
24
The National Institutes of Health has released another 2,049,930 doses. Salk polio vaccine produced by Moore Co. The company notes the new approval raises the month’s total vaccine distribution to about 3.9 million doses.
The Agriculture Department extended deadlines for removing crops to qualify for soil bank payments. State committees can set deadlines as late as July 15, by which crops must be removed from land. The extension covers crops beyond the six basics and allows removal by plowing or clipping to qualify for acreage payment programs. Separately, 200 workers were idled at Stark & Wetzel meat packers in Frankfort Indiana due to insufficient livestock, and a factory area renovation with a pizza machine and new dispensers awaits completion.
Chicago reports the wheat crop for Mayes County in May 1965 was estimated at about 508 million bushels. The market and standard trends show steady movement and price observations as analysts weigh supply prospects.
Wall Street ended a volatile session with aluminum shares rising while most issues drifted. Steel stocks slipped modestly as volume neared 1.7 million, utilities up slightly, and GM officials reshuffled leadership including Critchfield and Kaegi. Aircrafts advanced on budget news, with overall turnover around 770,000 shares on the American Stock Exchange.
Wheat and soybeans fell while oats firmed as traders weighed large futures and near term deliveries. Prices weakened for wheat and soybeans late in the session, with oats showing strength and keeping weekly gains intact amid broad market slack.
Muncie hog prices rise Friday with Choice No 1 hogs weighing 200 to 240 pounds and 240 to 280 pounds and 280 to 300 pounds. The report notes higher bids across typical lean and feeder ranges.
New York bonds held firm as volume rose slightly with rails and investment grades edging up while utilities eased. Industrials were mixed and government issues improved for the third straight session. Trading was slow with professional activity dominant and par value down from Thursday on the Big Board.
An academic debate on Russia's easing of pressure at home and the potential dangers if the policy backfires. The discussion includes comments by Dr. Harry Schwartz of the New York Times and notes on how Russia’s gamble could affect undecided nations if the country forges ahead. In Indiana, Governor Craig announces state funding gaps for a control tower at Hulman Field Terre Haute, with federal responsibility cited.
LAFAYETTE Ind Election 43 F Van de Vusse of Bloomington Ill president of Illinois Telephone Co named operating vice president of General Telephone Co of Indiana will take post July 1 H R Christianson Lafayette who has been operating vice president remains as vice president W A McCulloer Muskegon Mich controller of General Telephone Co of Michigan becomes secretary treasurer August 16 H Counsman becomes director of industrial relations Auction notices list sales in Pendleton and surrounding area with dates June 20 99 P M and July 7 1 E Moon Reputaction noted at Pendleton estate sale listings locations and auctioneers shown in terse notices
Local market page shows butcher hogs ranges from 1 to 290 pounds and 20 to 240 pounds, calves and cattle price bands, assorted weights for pigs and hogs, and grain prices for new soybeans old soybeans and new wheat. Also includes poultry items heavy hens under four pounds leghorn hens roosters and current egg receipts with Anderson Poultry names.
Chicago beef and hog markets mixed on Friday with prices steady to higher in parts. Top butchers at 17.35 paid for 63 head, while cattle and sheep offerings were light with limited sales, quotes showing steers around 21.00 to 21.50 and lambs from 21.00 to 23.50.
The Navy launched an Aerobee-Hi from Lands Proving Grounds New Mexico reaching 163 miles, a new single state record and a claimed world mark surpassing the Viking 11 at 158 miles. After a string of earlier failures, design improvements in the thrust chamber enabled the ascent, reaching 4 435 mph, as the nation pursues high altitude research for 1957 58.
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