Stock Market Reaches Historic Peak Amid Broad Rally
The Dow rises to a record 705.52 with the AP average and S&P 500 hitting new highs. Industrials utilities and rails post gains as volume climbs to 5.52 million shares. Traders see renewed bull market confidence despite warnings against speculation.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Keith Funston
New York ‘Stock Exchange
New York
Wall Street
Dow
Standard & Poor
Associated Press
Securities & Exchange Commission
U.S
Public Auction Notices From Multiple Local Sales
A stream of sale notices lists auctions on May 13 20 and 24 for TV gear furniture real estate autos and farm buildings. Participants include Tom Osselaer Hat Lawler Alva Stinson Elbert Frazee Harold Anson Pendleton Auct Wayne Phearis and H D Kirk with locations in Chas Alexandria Anderson and nearby blocks and towns.
MENTIONED IN THIS ARTICLE
Tom Osselaer
Main St
Chas. Lawler
Alva Stinson
Easter Street
Elbert C. Frazee
Bat
Lincoln-Mercury-Comel
14Th St
Coca-Cola
Forse
Egg Hood
Harold- Anson
Madison Ave
Dale Hays
Pendleton
Ind
Fred Kettery
Scott Addition
Alexandria
Wayne Phearis
D. Co
County Infirmary
Anderson
H. D. Kirk
World Shipping Layups Increase and Market Mixed Cattle Prices
Indianapolis and Chicago market notes show mixed cattle prices with steers and heifers largely steady or higher by 25 to 30 cents, while hogs and sows faced shifts. Prices for butcher hogs topped at 17.75 per hundredweight in Chicago as demand remained active with a 9,000-head supply and good clearance, and lambs and canners showed varied but generally steady trends.
MENTIONED IN THIS ARTICLE
M.oxecems O& Indianapolis
Spl
Onell & P
Brunswick
Cessna Chrysler
Harvester Kimberly-Clark
New York Central
Olint Mathieson Parke Davis
Pennsylvania
Ste
Te Pfizer
Chas
Pierce Industries
Radio Corp
Sears Roebuck Southern Co
Unicon Carbide US
Steel
Westinghouse Zenith
Cowdones
Local Livestock Market Prices and Ship Fleet Report
Market figures show steady livestock prices with steers and heifers quoted at 23.50 to 26.00 and calves around 30.00. World merchant fleet capacity notes 2,805 ships totaling 15,?43 tons idle, with dry-cargo ships down to 181 vessels. Auction notices follow for real estate and household items in Indiana towns including Anderson and Shir ley, with sale dates in late May and early June.
MENTIONED IN THIS ARTICLE
London
UPI
Ee Oe Eee Ct Ie
Chamber of Shipping
Staats Aimers
Choicn Steers & Heifers
World Freightir
Pete Eeveries
Glass Tariff Raise Is Recommended
Washington UPI reports the Tariff Commission advised raising duties on imports of cylinder crown and sheet glass to protect U.S. manufacturers. The six member panel split on exact increases, while noting the imports injure domestic industry. the decision follows an investigation into the "escape clause" and related duties.
MENTIONED IN THIS ARTICLE
Washington
UPI
Tariff Commission
Kennedy
U.S
Manufac
Domesic
Grain futures end higher on late buying surge
Chicago reports show most grain contracts closing with gains after a late buying surge. Soybeans rose about seven cents from their day lows while corn and other grains gained modestly. oats lagged slightly as cattle and hog prices moved steady to higher. Foreign sales of British aero engines set daily records, March exports reaching eight million pounds.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
London
UPS
Society of British Aircraft Constructors
Also Mentioned on This Page
Vaue
Anderson Banking Company
Sarah J. McDaniel
Frankton
First Road
First House
Hector Kirk
Carl
Downey
Delaware Street
Joe Elum
Jim
Bradley
Joe Parr
Pabliel ‘ Sale
Sth
Wayne
Pheanis
Mary F. Gabel
Muncie Livestock
Barman Road
Straughn
Josepha Kellum
Richard E. Berlin
Dent of the Corporation
Indianapolis
Rushville
Bulletin-Herald Classifieds
A & H Insurance Producers
L. P. Mattheoe
National Casualty Company
Griswold
Detroit 24
Michigan
Swift
Prem
Motts A.M
P.M
Vienna
Teem
KRAFT
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