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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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Federal Reserve Board
Joe
New York Stock Exchange
Thomson and McKinnen
Alaska
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Curtiss Wright
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Goodyear
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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