Market Rebounds After GM News Halts Slide
The Dow Jones rose 3.06 to 902.83 after GM announced a return to normal operation Monday. Volume reached 13.1 million shares, the highest since May 29 1962, as 872 of 1,446 issues fell and 377 rose.
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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 07, 1966
Page
2
The Dow Jones rose 3.06 to 902.83 after GM announced a return to normal operation Monday. Volume reached 13.1 million shares, the highest since May 29 1962, as 872 of 1,446 issues fell and 377 rose.
Bake sale announced for Tuesday May 10 at Presbyterian Church located at 9th and Chase. Cafeteria hours listed as 10:30 a.m. and continuing until unspecified.
In Indianapolis the hog trade shows 1 2 190 225 lb butchers at 25 50, several weight classes up to 300 lb posting 21 50. Cattle and calves small volume with choice steers at 26 50 and good 1000 1100 lb cattle at 24 50 25 50. no sheep. Market quotes include No 2 red corn 1 40 and No 2 yellow corn 1 15 1 17 along with soybeans 2 85 2 89.
The Chicago market reports 6,500 hogs with butchers steady to 50 cents higher. Hogs at 190-230 lb mostly 24.00-25.50, 260-280 lb 22.00-22.75, 330-400 lb 18.75-19.75. Cattle and calves show slaughter steers steady to firm, prime 1,200-1,375 lb 29.25-29.75, high choice 1,050-1,400 lb 28.25-29.25, various levels for 900-1,350 lb cattle and 800-1,100 lb heifers.
Five year old Diana Niccum of 2701 Morton St. is reported in satisfactory condition at Riley Hospital Indianapolis after critical head injuries when struck by a car driven by David A. Gwaltney of 245 Ringwood Way. Police say she darted from behind a parked car.
In Britain last year Indians and Pakistanis headed Commonwealth migration with 18 815 Indians staying, down from 25 513, and 10 980 Pakistanis, down from 19 992, while overall arrivals remained high but retention fell.
Chicago Board of Trade data shows oats fractionally higher and wheat irregularly higher while rye and corn drift lower. Soybeans fall on continued long liquidation, with May tender activity and liquidity pressures noted across grains amid light trading.
NEW ALBANY Ind Frank J Leaver forty four was sentenced to life in prison Friday after a Floyd Circuit Court jury convicted him of first degree murder in the 1962 strangling of Louisville waitress Anita Barmore. A motion for a new trial was filed with Special Judge Charles Batts.
Seoul announces end to curfew impositions from midnight to 4 a.m. that have governed nights since 1945. The move aims to boost tourism and ease restrictions for visitors and residents.
AFL CIO chief Sells lashes at Barton calling him Judas and a Frankenstein figure as he accuses threats to city workers. Barton fires Beatty, Branigin urges party harmony as Grills accuses illegal tactics. Reorg meetings set for 1 p.m. Saturday across 92 counties with GOP and Democratic committees to reorganize in coming days.
Ribicoff cites four major firms as sharing stats on defects and recalls. Automakers contend many product service campaigns fix non safety issues such as leaks wind noise and clock cables. They defend that auto safety publicity did not slow sales, noting GM Ford and Chrysler reported higher or steady March to April results.
Judge Bohannon heard motions filed by the men last week seeking suppression of evidence. Attorneys argued for change of venue with a panel to strike. Judge Manuel Guenero and Judge Arthur Osborn were selected to qualify, with Wheatley also considered for the case.
A Mothers Day service will be held Sunday evening at Everybody's Tabernacle at 29th and Fletcher Streets. Rev. Herbert Moore, founder and builder of the tabernacle, of Kokomo, will be the guest speaker. The Rev. and Mrs. Earl Moore are host pastors. The service is open to the public.
A California Senate committee accuses Kerr of undermining anti Communist actions on campus and aiding the rehiring of Eli Katz, a German professor once fired for past ties. Katz disputes the report while the panel cites student homosexual statistics and dances with lewd themes as evidence of campus decline.
A committee accuses Kerr and Chancellor Heyns of tolerating pro VDC influence on Berkeley and failing to discipline professors who spoke for antiwar causes. It cites marijuana odor and sexual misconduct as part of campus unrest and questions the handling of political demonstrations and troop train blockades. Heyns questions the report’s depth.
A neighbor testified of a scraping sound and loud cries from the Baniszewski home the night before Sylvia died. Prosecutors allege abuse by mother Gertrude Baniszewski and report she burned Sylvia with matches. Two 15 year old neighbors Coy Hubbard and Richard Hobbs are charged as well. Shirley Baniszewski to resume testimony Monday.
The report describes Georgia figures linked to the Ku Klux Klan factions the Black Knights and Sims facing federal and state actions over the Penn slaying. It notes acquittals in state courts and a Supreme Court reversal on federal civil rights charges, with an arraignment set for May 20.
A cold front dips through the north while about one third of an inch of precipitation falls a bit south. Forecasters expect most of the moisture early in the week. Highs should run 68 to 76 with lows from 45 to 63 as temperatures normalize.
Central Indiana hosts a busy Redbud Festival week with the Redbud Ball at a semi formal public event, square and round dances at Mounds Mall, and a Louis Armstrong concert at Anderson High School gym. Tennis at May's Park runs today with teams from Muncie Marion Indianapolis Richmond and more. Tickets and seats available at local shops banks and clubs through today.
Elwood Mercy Hospital reports admissions including Jerry Deckard and Mrs. Larry Schimmel along with others from Elwood. Dismissals list Deborah Balser and several others. a baby girl was born to Mr. and Mrs. Dana Hocker of Elwood. Ambulance trips note Mrs. Roy Jacobs moved to Mercy Hospital and transfer of Mrs. Richard Carpenter to Ball Memorial Hospital.
Trinity Episcopal Church outlines a Sunday schedule with an Episcopal radio program at 7 a.m. a holy communion service at 8 a.m. baptism, church school and sermon at 9 15 a.m. morning prayer and sermon at 11 a.m. led by Rev. David Laird Barleay. Vestry meets Monday evening in the Parish Hall. St Annes Guild hosts its fourth annual salad bowl luncheon at the YWCA Friday 10 45 a.m. to 1 45 p.m. Tickets through Mrs Gene Barrett or church office. St Elizabeths Guild seeks summer clothes sizes 8 to 14 for South Dakota Indians, collection in parish hall basket.
Thomas H. Titus aged 82 died Friday in Indianapolis. Survived by two daughters Laura Merrill and Bertha Leer, brother Hal Titus, sister Olga Mish, and another brother Walter Titus who died last November. Final rites Monday at Shirley Brothers Mortuary Irvington.
Funeral services for Mrs Phoebe Schuyler 80 of 1120 E 8th St will be held at 10 AM at Harold E Rozelle Funeral Home with Rev Gene Smith of Park Place Methodist Church officiating Burial will be in East Maplewood Cemetery Friends may call at the funeral home.
A Big Killback pitch-in dinner for parents is at 12 30 p m with an awards ceremony at 2 30 p m judging overall winner from troop or post records in Scouting skills fitness and camp setup. A final planning session Tuesday at 7 30 p m in Anderson Newspaper conference room will assign judges and leaders for the annual event.
Samuel Mcc Kean Pendleton 80 of Rt 3 died Friday morning after a short illness. Native of Fairfield Illinois he moved from Fort Branch Indiana with wife Mary. Survived by widow two daughters Dorothy FauQuher and Pearl Abrams two sons Samuel A McKean and Willoughby McKean two sisters. Services at Fort Branch followed by burial at Owensville and South Mound Cemetery New Castle.
Cliff Cullen 80 of Rt 1 Summitville died Friday noon at Community Hospital Anderson after weeks of illness. Born February 8, 1886 in Letart West Virginia he owned Cullen s DX Service Station for 17 years. Final rites Sunday 2 pm at Ewing Funeral Home conducted by Rev John Pattison burial Forestville Cemetery. Survived by daughter Mona Reed Victoria British Columbia two sons Victor Cullen Flynnflon Manitoba and Chester Cullen Summitville two sisters Elsie Crabill Lexington Kentucky Maude Cunningham Kokomo six brothers Harry Letart Wilbur Aylsham Paul and Chester Anderson Bill and Vic Cullen Alexandria five grandchildren.
Funeral services for Mrs. Margaret M. Noble, 90, wife of Frank H. Noble of 1147 Maple Ave Noblesville, will be conducted Sunday at 1 30 p.m. at Coaltrin Funeral Home by Rev. Mark Blaising of First Methodist Church. Burial follows at Crownland Cemetery.
Funeral services for Fred E. Hastings 87, father of Kenneth Hastings of Anderson, are planned for 1 30 p m at Wesleyan Methodist Church with Rev James Crispell and Rev M Douglas Clark conducting. Burial details follow.
Funeral services for Paul Clarence Knotts 51 are set for 2 p.m. today at the Frankton Christian Church with Rev. Arthur Bishop officiating. Burial will be in the K of P IOOF Cemetery. The funeral home or church hours precede the service.
Funeral arrangements are completed for Leigh Roy Gentry 39 of Canoga Park California native of Perkinsville. The service will be at 10 this morning at Fisher Brothers Funeral Home Lapel with Reverend Leon Lutz of Prairie Baptist Church officiating. Interment follows at Brookside Cemetery.
Funeral services for two weeks old Robert Wayne Keller son of Mr and Mrs Daniel Keller Perkinsville will be held at 11 at Wesleyan Methodist Church with Rev Oscar Davis. Interment at Anderson Memorial Park Cemetery. Friends may call at Fisher Brothers mortuary.
Rev David A Perry, son of host pastor Rev H A Perry, will deliver the Mother's Day sermon at 11 am at Allen Chapel AME Church. Baptismal service planned. Mrs David Perry will sing. Sunday School averages 100. Baraca Philathea Class meets during that hour. Dr Andrew Brown of St John's Indianapolis will be a guest of the church on Sunday.
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