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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 09, 1975
Page
19
Prices on the New York Stock Exchange rose and fell amid trading activity. Investors watched early results as brokers reported mixed advances and declines across major sectors.
Fragmentary stock notes mention Braid adits Shor and various tickers with figures like 156 154 18. The readable text references market items and shorthand symbols but lacks clear events, names, or dates to form a full report.
A garbled OCR style notice references education and election matters, listing dates, locations, and entities such as schools, corporations, and local boards. It mentions voting, sealed envelopes, and community meetings, with scattered names and places like Min as and Wheat and soybean notes, indicating a municipal or school district election and related proceedings.
Fragmentary OCR line mentioning names and places yields little clear context or event. The readable fragment references multiple proper nouns but lacks a complete incident, date, or outcome to summarize into a coherent news item.
The document outlines a proposed special exception for a mixed land plan in Henry County including rural electric cooperative references, property tracts, and public hearing notes. It mentions a schedule of hearings, commissions, and potential variances along with several numerical land measurements and lot descriptions.
The House voted 291 to 108 to block the Federal Home Loan Bank Board from authorizing savings and loan institutions to offer variable rate mortgages. Critics warned buyers could see payments surge and be shut out if upward mobility faltered. Rep. Rees offered a competing measure to limit increases to 2 percent, but it failed 232 to 167.
Funeral notices list Eva Mae Bates 79 of 1211 E 37 St with services at Brown and Buzz Funeral Home and interment East Maplewood Cemetery. Also listed are Fred Craig 57 of Mountain View Calif at Condo and Son Funeral Home with services and Mechanicsburg Cemetery interment, Frank Kelly 83 of Rt 1 retired railroad conductor with First Church of the Nazarene rites and East Maplewood interment, Heather Elena Simpson four months with Rowe and Weston Funeral Home and K of P Cemetery interment, Blanche Mosbaugh widow of Bob Mosbaugh, former Fort Wayne resident and Anderson fire chief, with rites at K of P Cemetery.
U S Steel will lay off 5700 workers at its works next week due to a bottoming out of steel orders. State officials foresee no immediate drop in Indiana's jobless rate, which neared 10 percent in April. General Motors recalls 78 workers at two Anderson plants. 2000 returns May 18 while 3700 stay out. Gary mill laid off 2700. sheet and tin division to shut for one week.
Billy J. Reed, 33, of Grayville Illinois, was killed Wednesday when struck by a semitrailer truck along Interstate 64 near Griffin. Police say Reed apparently strayed from the median into the truck's path.
Orange County officials Rep Andrew Hinshaw and Assessor Jack Vallerga face a secret grand jury indictment alleging bribery embezzlement and misappropriation of public funds. They surrendered in Superior Court and await May 29 arraignment. Hinshaw called the case a political attack.
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