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Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

May 05, 1956

Page

7

Shares Edge Toward Record High as Markets Rally

The stock market tried for a new record Friday but closed with only a modest gain. Aircraft and oil led gains with broad support, while late profit taking trimmed leaders. Eisenhower’s remarks on credit availability boosted sentiment, and the AP average rose to 191.30, near the all‑time high. In Orangeburg, police recovered part of a candy truck loot after eight youths were nabbed, one admitting to eating 240 pieces.

New York Eisenhower Federal Reserve Associated Press American Stock Exchange U. S Orangeburg S. C. PB

Indiana manufacturer wins $68,352 tax refund ruling

Sarkes Tar zian Inc of Bloomington received a $68,352.22 refund after U.S. District Judge Dale J. Holder ruled that a patent transfer did not breach the Internal Revenue Code. The decision followed a federal tax assessment deemed erroneous.

Indianapolis Sarkes Tarzian, Inc Bloomington U.S Dale J. Holder

Byrd Serves on National Geographic Society Board

Adm. Richard Byrd is a member of the board of the National Geographic Society, indicating his continued involvement with the organization and its explorations.

Adm Richard Byrd The National Geographic Society

Old Soybeans Gain Sharply in Quiet Grain Session

In Chicago the grain market sees old crop soybeans rebound up to 5 percent on the Board of Trade. Wheat and corn show modest to mixed gains as traders note short covering and technical buying. A new farm bill moves markets, lifting some corn supports and boosting feed grain prospects.

Chicago Board of Trade Buffalo

Indiana Woman to Speak at Three-State Democratic Confab

Inez Scholl Indiana Democratic national committee woman will join speakers at a three state regional conference for Democratic women in Dayton Ohio May 25 26. The conference draws women from Indiana Ohio and West Virginia with the theme Politics is Every Woman's Business.

Washington Inez Scholl Indiana Democratic National

Notice to Non-residents in Madison County Indiana

In Madison Circuit Court April Term 1956 Mary K Achor sues Robert L Achor nonresident to appoint a commissioner to sell life estate real estate in Madison County Indiana. Property described as a 52.2 foot wide strip off the east end of Lot 1 in John M Ruddell's Second Addition to Park Place Anderson. Defendant must answer by June 30 1956 or default. Court to be held in Anderson. Attorney Joseph Sston Peck. May 5-12-19.

Indiana Madison County Madison Circuit Court Mary K. Achor Robert L. Achor Robert L. Acher Bertha J. Actor John M. Ruddell Park Place Anderson Madison Madison County Council County Council C.S.T Board of Commissioners County Revenue Fund Board OF Education Planning Commission Board of Appeals Anderson Township State Board of Tax Commissioners Jesse S. Biddle State OF Indiana Eula Mae Brown Rufus J. Brown Joseph H. Armington Daniel D. Quickel J. Mix North Madison Court Richard F. McCord John A. McCord Carmen McCord Superior Court of Bohannan and Burton Citizens Bank Madison Superior Court Nichol Avenue Locust Street West 7Th Street Irvin I. Hoffman Superior Court Johnson and Austin Meridian Street Seventh Street City of Brown Street Hannah and Hazlett Robert L. Austin Johnson and

Hogs and cattle steady in Muncie market report

Muncie livestock buyers faced steady to higher price drift Friday with hogs up to 25 cents. Cattle ranges show Good to Choice steers 17 to 20 dollars, heifers 16 to 18.50, cows 11.5 to 13, calves 20 to 23, and lambs around 19 with sheep at five dollars.

Muncie

Hogs and cattle markets mixed as receipts shrink

Hog prices rose about 25 cents as salable hogs fell to 4500 head. Barrels and sows firm with sows up to 13.75. Butchers sold 200 to 260 pound hogs at 15.25 to 15.50, top 16.00 for a 30 head lot. Cattle steady to weak with 500 head salable. steers 14.00 to 18.00, heifers 13.50 to 17.50, cows 11.00 to 13.50. Wealers 22.00 to 26.00, prime few 26.00. Lambs 24.00 to 26.00 for good to prime native spring.

Chicago

Irregular Bond Market Mixed Gains Across Sectors

U S Treasury obligations rose for the fifth straight week day while utilities fell and industrial and quality investment issues rose in a narrowly mixed session. German industrial dollar liens advanced as Australian and Japanese issues slipped. Volume on the big board fell to 4 26 million with corporate gains and losses extending beyond five points.

New York U. S. Treasury

Dry goods market shows slow demand for forward textiles

In New York, buyers stayed inactive in cotton textiles with emphasis on spot and near term delivery. Print cloth slumped to 15 cents a yard, wool market held steady, rayon fabrics saw scattered sales and steady prices. Amateurs used 75 percent of U S paint in 1953.

New York

Notice in Madison County legal suits partition and quiet title

Public legal notices filed in Madison County Indiana April term 1956 involve Harry P Pennington versus Mary Ellen Rinker et al to partition 5 acres NW quarter of NE quarter Section 9 Township 19 North Range 7 East and a separate suit by Edward M Kiefer Ruth Kiefer John D Kiefer Sarah F E Kiefer against John F Kibbey etc to quiet title to Lot 81 Plate Glass Addition Elwood City Madison County Indiana. Defendants urged to appear by July 2 1956 and June 30 1956 respectively.

Indiana Madison County Superior Court Harry P. Pennington Mary Ellen Rinker James A. Pennington Alice Pennington Edward Pennington State of Township 19 Anderson and Perkinsville White River Court House Anderson

Madison County Council opens May special budget session

Madison County Indiana announces a special meeting of the County Council at 10:00 a.m. on May 16 and 17 1956 to consider emergency and other budget revisions across the County Revenue Fund and Highway Maintenance Fund. The notice lists requested appropriations across multiple departments and instructs taxpayers on hearing dates.

REA Chief Resigns Post to Enter Minnesota Race

Washington reports Rural Electrification Administrator Ancher Nelsen resigns to pursue the Minnesota gubernatorial bid. Eisenhower expected to endorse, with a public announcement to follow at a Mankato gathering. Five to six successors discussed, including Dwight W. Meyer of Odebolt, Iowa, as possible replacement.

Washington Ancher Nelsen Minnesota Eisenhower Nelsen Nelson Mankato Minn Agriculture Department Dwight W. Meyer Odebolt Iowa Iowa State Agricultural Conservation and Stabilization Committee

Auto Industry Layoffs Hit 137 000 With Michigan At Center

Labor Department figures show weekly auto layoffs rising by 12 000 to 137 000. Of the idle workers 84 000 are in Michigan, with Indiana 18 000 and Ohio 12 000.

Washington Labor Department Michigan Indiana Ohio

Campuses Roar With Spring Madness Across Colleges

Reporter notes campus uprisings at Pennsylvania Yale Rutgers USC and Texas as spring fever erupts. Texas students raid a sorority house stealing intimate items while Philadelphia police detain 116 Penn students after a 500 strong crowd clashed with officers. Yale sees a downtown march and debris as New Haven roars. USC faces a bonfire and bottle throwing with a photographer injured. Rutgers reports six arrests after a four hour water battle.

University of Pennsylvania Yale Rutgers Univerrsity Southern California University of Texas Men of Texas Pennsylvania Philadelphia New Haven Yales Los Angeles USC New Brunswick N.J

Two Calls Are Filled By County Draft Boards

Twenty Madison County men reported for pre induction physicals and 12 others for induction, filling two May calls. They were taken to Indianapolis at 7 30 a m. All county youths must register with the board on or within five days after turning 18.

Madison County Selective Board Indianapolis

Lapel Town Names James Martin as New Marshal

James Martin becomes Lapel marshal May 1 by town board vote. He will serve as law enforcer street commissioner and assistant utilities superintendent. Deputy marshal position remains unfilled. Max Brattain resigned to attend police school at Indiana University. Gerald Anderson resigns to work at Lapel stone quarry. Eldon Newton assists as street commissioner.

LAPEL James Martin Max Brattain Indiana University Gerald Anderson Eldon Newton

GOP Districts To Reorganize In Indiana

Indiana Republican and Democratic district meetings set for May 15 to May 19 with county chairmen elected May 12 and district chairs chosen May 15. Republican sessions will occur at Marshall House Gary Pulaski County Courthouse Winamac Oliver Hotel South Bend with state officers elected May 16 at Claypool Hotel. Democratic district meetings on May 16 and state meeting May 19. sites set by district chairman.

Indianapolis Claypool

Fire Destroys Hendricks County Co op Building

Danville Ind Fire destroyed the main storage building and office of the Hendricks County Co op Thursday night. Loss was estimated at 50 000 to 60 000 dollars.

Danville Ind Hendricks County Co-op

Public Auctions Schedule Around Anderson Dundee

Saturday May 5 at 10 AM J Andersons public auction at 4 miles NW of Anderson via Madison Avenue and Cross Street. H D Kirk auctioneer. Wednesday May 7 at 7 PM Carter nursery sale at Anderson Sale Barn. H D Kirk auctioneer. Saturday May 12 at 12 30 PM Mrs Ola G Roeder Clark public sale near Dundee west of Orestes on State Road 28 to Gulf Filling Station turn left 2 miles. Bill Petty auctioneer.

J. Anderson Anderson Madison Avenue Cross St 3Rd T Road H. D. Kirk Anderson Sale Ola G. Roeder Clark Dundee Orestes Gulf Filling Station Bill Petty

Also Mentioned on This Page

Federal Reserve Board Joe New York Stock Exchange Thomson and McKinnen Alaska Juneau American Motors Amer Tel Anggonde Bendix i Beth Steel Chrysler Tainer Curtiss Wright General Electric General Motors Gillette Goodyear Illinois Central International Harvester Kresge Loew's Inc Ly Corp Montgomery Ward National Tile New York Central Pierce Pure Oil Radio Corp. Amer Ee Westinghouse Maruel Wellington Jones Wm.l. Benefiel May & Machine Pratt & Lambert Vitralite Pratt & Lambert Monthru Paul Greene CO Madison Ave Joseph Ady Bisa Caeie Basseneeene Anderson Poultry Muncie Livestock Insihaiascincineian Uae United States Joseph H. Armington Keler D. Ketner Seacariar Court Edward M. Kiefer Ruth Keifer John D. Kiefer Sarah FE. Kiefer John F. Kibbey John F Kibbey Benjamin Johnson Oscar G Miller James Green John Mulligan W. C. Foster Agnes F. Foster Isadore Kowlsky Elbert E. Kidwell Alsp Elwood REA GOP Web. Nite Anderson Sale Barn Dublin, Ind Beulah McCord Conlon Bohannan & Burton Attorneys Guardian No. C Guide Lamp Egg M. Hood Pol
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