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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 12, 1956
Page
9
New York shares held a steady tone after a sharp Thursday drop as buyers absorbed offerings at reduced prices. The Associated Press average of 60 stocks closed essentially unchanged, with mixed results across industries and total volume around 2.45 million shares.
Hog prices finish higher with butcher hogs and sows steady to 25 cents up. Top price hits 16.75 a new high since September 1955 as salable receipts reach 7 000. Cattle and sheep show modest gains with limited receipts and firm to steady prices across categories.
Kentucky features roughly 550 lakes suitable for fishing across the state. Local outlets highlight the variety of waters available for anglers and outdoor enthusiasts.
Old crop soybeans surged on Friday with gains of 8 to 9 percent as May contracts touched the daily limit before some profit taking. Wheat firmed with May notching over 5 cents intraday and closing higher. Corn fell while cash markets remained firm and soybean oil and meal rose to new highs, spurred by a government crop report showing a lower production estimate than a week earlier.
The article notes that vitamins were discovered only about 25 years ago, highlighting the relatively recent development in nutrition science and its implications for health and diet understanding.
Upcoming auctions list multiple events in Indiana towns. Mrs Ola G Roeder at Dundee west of Orestes on State Road 28. Bill Petty as auctioneer. May 12 sale at 12 30 P M. Shermans Myers at 520 West Adams St Lanne May 19 1 P M. Delmas D Fuller administrator holds household goods sale at 1108 West 13th St with H D Kirk as auctioneer.
New York trading shows a softer bond market with utilities and quality issues easing. Rails resist the trend while industrials stay narrowly mixed. Treasury bonds trade irregularly in light session as volume falls to 4.05 million from 4.70 million prior day.
Hoas cattle and hog prices moved higher in Indianapolis with hogs 16.50 to 25.50 and steers and heifers mostly steady. Prices varied by weight from 120 to 550 pounds with buyers bidding up to 25 for prime hogs and 19 to 25 for cattle. Tax hearings set for May 17 and 18 in Washington and two Indiana non-resident notices outline court actions in Madison County.
Madison County Indiana Council schedules a special two day session at 10:90 A.M. to approve revisions in the current year budgets including emergency appropriations and reductions across departments such as Revenue, Treasury, Survey, Board of Education, Prosecuting Attorney, Planning Commission and Elections. The revisors seek authority for additional funds and reductions as needed.
Notice to creditors heirs and legatees of George W. McMahan deceased to appear in Madison County Superior Court Anderson Indiana on May 31 1956 to show cause why final settlement accounts should not be approved and to prove heirship. Clerk Joseph H Armington. May 7 1956.
The Muncie hog market moved steady to 10 cents higher Friday with several lots classified as Choice No. 1. In Indianapolis the State Board of Health reported eight polio cases this year, compared with 14 at the same time last year, with no deaths this year versus two then.
In loving memory of my mother Martha Stinson who passed away on May 11. The depths of sorrow we cannot tell for the loss of one we loved so well. And while she sleeps a peaceful sleep her memory we shall always keep. Sadly missed by daughter Mrs Lawrence Keller. Discount terms for ads noted.
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