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Anderson Herald in Anderson, Indiana

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Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

May 24, 1961

Page

14

Market Dips on Light Volume as Du Pont GM Watch

Shares base and volume slip as traders eye Du Pont and General Motors. Alleghany climbs 4%, tied to word Murchison interests gain control. GM and Du Pont regain some losses while overall volume hits multi month lows and the Dow declines.

New York Wall Street du Pont General Motors Alleghany Corp Murchison Alleghany

Hogs and grain prices rise and fall on markets

Indiana hog prices strengthened with widespread gains from 25 to 75 cents for sows and 50 cents for others, while bulk hogs ranged 17 to 17.75 dollars per hundredweight. Cattle, bulls, and yearlings showed mixed moves, with cows weak to 30 cents lower and steers steady, and grain futures fluctuated with soybeans down and wheat higher near session close.

du Pont Arket Motor Industries Supreme Court Financial Commission Lincoln Associated Press New York Anderson, & D. Kirk Sock Exchange New!tel First Road First House Rector Kirk Carl S. Downey Lloyd Crain Linden Lane Chesterfield Lloyd Reasoner Jessup Brothers Main Street Shixley Ind Joe Kellum Jim Bradley Omer Jessup Auds Gat Joe Spring Lambs Wena Mary F. Gabel W. Geetee D. “Kirk Chester M. Dewitt Richmond Straugha Joseph Kellum Arthur Carmichael Chicago Fuville State Rd Ellenberger Bros Indianapol Board of Trade Lily

State Shift D epositories For Funds

INDIANAPOLIS AP A Lafayette bank was dropped and two Indianapolis banks added to handle the state government active accounts. Treasurer Hughes said the Indiana National Bank and Merchants National Bank & Trust Co. of Indianapolis will provide a fairer distribution of banking business. Estimates put active state accounts across banks varying from $2 to $89 million per institution, with Indianapolis totals possibly from $20 to $80 million, up to $100 million at times. Inactive funds and CDs are scattered among many banks, earning one percent interest, with a state depository insurance fund funded by a quarter of one percent.

Jennie McGuire Superior Court Madison County Indiana Anderson Hartman Township 20 Indiana Railroad James McGuire Raymond Badger Ola Badger Madison County Indianapolis Lafayette Robert E.hughes Greenwood Republican Purdue National Bank of Hughes Indiana National Bank Merchants National Bank & Trust Co Issate Dianapolis American Fletcher Nala Clearing Agency National City Bank Evansville Lincoln National Bank & Trust Co Fort Wayne First Bank & Trust Co South Bend

Also Mentioned on This Page

American Stock Exchange Pric U.S Nauy Frankton Maytag Skelgas Davenport Airline Philco Richard F. Davisson Busby, Davisson, Cooper and Farr, Attys EG Hood Muncie Livestock Amy Livestoc Tlefers Leiters Hugh Rochester Lake Kariba Rhodesia Erican Standard Oil American Oil Company American Oil Research M.pg STANDARD OIL + DIVISION McCullough Nichol and Madison Ave ATLAS
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