Stocks Enjoy One Fine Day
New York stocks rose to 1957 highs in brisk trading with the Associated Press average up to 64.60 and industrials, rails, and utilities advancing. Volume rose on the New York and American exchanges as rail shares led a broad advance amid reports of bright corporate news and stronger personal income figures. Fryers steady in Lafayette markets with White Rocks prices and various fowl categories noted as demand stays fair to good.
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New York
Associated Press
American Stock Exchange
Lafayette
Ind
U.S
Utilities
Rails
Stock Quotations from the Motors and Industrials list
A dense stock page lists tickers and company names including General Motors U.S. Steel Goodyear Studebaker Packard International Western Union and United Aircraft. Dow Jones averages show slight gains with volumes approximated, reflecting mixed movement across industrial and utility sectors.
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I Motors
Tel
Ameri Ayes
Amanda Armour Eye
AVEO
Bendix
Beth
Steel
Chrysler
Curtiss
Wright Ee
Electric
General Motors
Gillette
Cya Ee
Ewees
Goodyear
Besser Fifinais Central
A International Hervester Kreigh Ceieeree
Ligget Meyers Loew's, Inc
Ykyach Corp
Montgomery Ward
National
Wellington
Steers and heifers steady amid slow Chicago sale
In Chicago cattle market trade was slow with steady to weak prices. Steers and heifers mostly held. No. 1 to 3 butchers 18.50 to 19.00 with some at 19.25, up to 23.00 for best yearlings. Hog prices varied, sows steady, and lambs fully steady at 23.00 to 25.00. Receipts about 7,000 cattle and 1,500 sheep, with strong shipping demand. Detroit eggs report follows.
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New York
Chicago
Israel delays Suez Canal test run amid UN Security Council debate
Jerusalem reports Israel postponed plans to run a test ship through the Egyptian blockade of the Suez Canal. The delay comes as the United Nations Security Council debates control of the waterway.
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Jerusalem
Israel
Suez Canal
United Nations Security Council
Hall
Chicago
Canal
New York
Dag Hammarsk Jold
Security Council
France
Sellwyn Lloyd
London
Britain
Cairo
Egypt
4 H Club Roundup Delegates Named for Madison County
Forty four 4-H Club members from Madison County were selected as delegates to the Purdue Roundup June 5 6 and 7. Delegates include 13 boys and 27 girls aged 14 and over, with sessions in Purdue Music Hall demonstrations inspirational talks and the Share the Fun Festival. Chaperones include the county extension agents and five adult 4-H leaders.
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Madison County
Israel
Frances
Britain
Madison
Local Livestock Market Prices Reported
Local market listings show prices for cattle and hogs with specifics on grade and weight ranges. Names of buyers and sellers appear in the crowd of notes, indicating a community market day with varying bids and sales across lots.
Federal Highway Fund Freeze Reaches Three Million Levels
Indianapolis reports the federal freeze on Indiana highway right of way aid holds about three million dollars, mirroring funds withheld on current and future projects pending a federal audit. State Highway Commission Chairman John Peters said one audit report is near submission and another full project audit may take six weeks or more to finish.
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Indiana
John Peters
Peters
Federal Bureau of Public
Anderson Poultry Heavy Hens Fries
State Plans for Equipment Purchases and Livestock Prices
The state bids mowing machines at $2 per hour with contract terminations in late June and purchases 72 mowers for about $2,500 each to handle winter salt and sand spreading. An $232,000 18M computer will be rented at $3,200 monthly to speed highway project data processing, in coordination with aircraft and plotting gear. Hogs and cattle market quotes follow, with price ranges by weight and class, and a projected Ohio River bridge discussed with officials.
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Highway Department
Dorsey Very Ill in New York Hospital
Bandleader Jimmy Dorsey, 52, is reported very sick in Doctors Hospital New York City with neuritis of the leg or bursitis cited in varying reports. He was treated for a lung growth removal last January and is ailing while his brother Tommy Dorsey, also a bandleader, died six months earlier at his Greenwich Connecticut home.
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New York
Jimmy Dorsey
Doctors Hospital
Dorsey
Jimmy
Tommy
Greenwich, Conn
Air Force approves new Bomarc long range missile
The Air Force ordered production of the Bomarc jet propelled interceptor, awarding Boeing a 7.11 million dollar contract for production models. The 15,000 pound missile, 47 feet long with an 18 foot wingspan, carries high explosive or nuclear warhead and can reach 200 to 300 miles at about 1650 mph. It is ground guided with radar homing capability and is launched vertically by rocket and powered by Ramjet engines. The Bomarc is designed to intercept enemy bombers before they reach key targets and is tested to show superior results at Patrick AFB Florida.
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Washington
Air Force
Boeing Airplane Co
iSeattle
Wash
Army
Air Force Defense Command
Patrick Air Force Base
Fla
Atlantic Ocean
AHS Band Officers Honored At Banquet
Newly elected officers of the Anderson High School Band for 1957 58 were honored at a banquet this week. Attending officers included Tom Slosny Martha Vasbinder Moore Mary Wysocky head majorette Tom Joyce first sergeant Nancy Preston treasurer and Jay Newbern assistant drum major.
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Anderson High School
Wrath
Tom Slosny
Martha Vasbinder
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