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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 25, 1957
Page
5
In the United States honey bees yield 200 million pounds of honey and four million automobile trips occur yearly within ten miles, contributing to local industry and bee populations.
Slow cotton market and steady hog prices dominate early reports. Indiana and Chicago market notes show mixed beef and pork prices with selective gains and declines, reflecting uneven demand and varied weights.
An economist notes a moderate U S business and oil output at 6 807 000 barrels as rayon goods rally. Prices for meat fabrics and seals rise with good to choice grades quoted from 18 50 to 26 dollars, while lambs and springers trade steadily at 22 to 24 dollars for select lots.
Wheat futures fell for the second straight session on the Chicago Board of Trade amid heavy liquidation and hedge selling. Prices dropped more than two cents a bushel, with declines across most grains, while soybeans gained on refined oil demand and riding investors sentiment.
Indianapolis PSC Chairman John Van Ness said Ezra Benson backed the PSC in opposing Hoosier Cooperative Energy Inc plans for a Petersburg power plant and a 42 million dollar federal loan. Governor Handley convened a news conference as the commission prepared to report on its Washington trip protesting the scheme.
The notice lists numerous auction events across May and June including sales of groceries, real estate, household goods, and farm property. Auctions feature organizers such as Josephine Sullivan Elbert Frazee Lawrence Gaither and Egg M Hood with locations in New Castle Alexandria and Adams counties. Additional items mention telephone service delays in Jeffersonville Indiana and cooking tips about removing refrigerated food prior to broiling.
Legal notices list property repossessions from multiple owners including Kenneth Ganger Robert Lee Bolles and Iron Guy Knotts with June 1 1957 sale dates at Lewallen Park ing New Castle and Noblesville. Also bids invited for Anderson water plant equipment and a steel grid floor on Tenth Street Bridge. Public hearings and trustee notices follow including tax appropriation and estate administrations in Madison and Richland townships.
Hogs were steady to 10 cents higher led by Choice No 1 hogs at 19.25 per cwt with 18,319.00 on sale. Cattle and calves show broad ranges from prime steers at 22 to 25 and calves around 18 to 23 with various grades listed. Greenland's icecap note adds a real estate loan pitch for 22,000 dollars at 10 percent interest.
The bond market ended Friday with rails and industrials down while utilities mix. Government bonds declined in a thin market and over the counter activity showed few selling orders pushing prices lower. Corporate volume on the Big Board rose to 4.4 million par value from 4.13 million. Convertible issues were mixed with a wide range of gains and losses.
Notice issued by Harold J. Anderson as attorney for guardian under case No H-830d. Sale window May 11 to May 18. Property details and assets to be sold include the residence and personal property governed by court order.
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