Shares Decline For 2nd Day In Turbulent Market
New York stocks fell for a second straight session as auto shares slumped on weak news. The Dow dropped 4.03 to 817.28 amid light volume. Texas Gulf Sulphur led gainers at 1.5 percent on 193,500 shares.
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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 20, 1964
Page
4
New York stocks fell for a second straight session as auto shares slumped on weak news. The Dow dropped 4.03 to 817.28 amid light volume. Texas Gulf Sulphur led gainers at 1.5 percent on 193,500 shares.
Chicago AP notes a mixed cattle hog dairy scene with hogs 25 to 50 cents higher at $15.25 to $17.00 per cwt, steers and heifers at $18.25 to $22.00, and calves $23 to $28. grain futures show May wheat down four cents, soybeans down nearly three, and corn up slightly on May contracts amid broad market steadiness.
Dallas district judge disclosed condemned killer Jack Ruby is being treated for a mental illness in his maximum security cell. Dr. Robert Stubblefield reportedly told the judge Ruby shows a mental illness responsive to treatment. Wade said he may support treatment in jail or a psychiatric hospital without a sanity hearing.
Dirksen declares that civil rights legislation is essential and must pass. In a Kane Dining Room briefing at Anderson College, he discusses the bill with civic leaders and church representatives as plans for aging services are highlighted by Community Plans for Its Aging. Director of the State Commission on Aging M Dirksen emphasizes the need to move ahead despite Southern opposition.
In Rome AP reports doctors strike for one day to demand more representation on the payroll and selection of sanitary inspectors from their ranks. The notice cites broader labor action within the Rome Province.
General Dynamics General Electric General Motors Goodyear. Harvester Lynch Minnesota Mining New York Central Norfolk Western Sania Ry Pierce Radio Sears Roebuck Southern Co listed prices show yesterday's close and bid or offer quotes. Grain bids from Indianapolis mills for delivered grain include No 2 red wheat 1 28 No 2 white shelled corn 1 17 No 2 yellow shelled corn 1 11 No 2 white oats 57 No 1 yellow soybeans 2 32 moisture 13 percent.
Universal Cigar Corp. posted a 66 percent gain in earnings for the first quarter of 1964 as sales rose 44 percent to 1,530,918 dollars. The firm earned 68 cents per share on sales of 1.53 million, up from 5 cents per share on 1.06 million in 1963.
UPI reports personal income in April at an annual rate around 227 billion dollars, a rise of about 1.5 billion from March. The gain reflects higher wages and salaries with other receipts like dividends and interest also included in the measure.
A sequence of auction notices lists real estate and personal property sales across Tipton Indiana Alexandria Ohio Middletown Indiana and Dover locations. Names include Foland Lewis Jones Pike Hood Raines Elliot and Wardell with various auctioneers and dates in May and June.
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