Chrysler Highlights Market Day
New York AP reports a subdued stock market with Chrysler rising to 49% and 141,900 shares traded as the most active issue. The Dow fell 0.62 to 820.25 with 547 decliners to 485 gainers among 1,334 issues.
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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 26, 1964
Page
15
New York AP reports a subdued stock market with Chrysler rising to 49% and 141,900 shares traded as the most active issue. The Dow fell 0.62 to 820.25 with 547 decliners to 485 gainers among 1,334 issues.
Local traders seized control of the grain futures market Monday driving a lively wheat session on the Chicago Board of Trade. Prices closed nearly three cents higher at the extreme with new grade wheat hitting season highs before profit taking later in the day. Old grades gained in a similar range to new goods.
Hoofs and pork prices drift in a cautious session at Indianapolis with 6 900 head traded. Movements were uneven though bids remained mostly steady with lighter weights 190 230 lb fetching about 16.00 to 16.50 while heavier sows 320 450 lb brought 13.00 to 14.00. Markets slide on weak demand with few buyers.
Chicago records the largest hog supply since February 10 with 7 500 head as buyers steady to 25 cents lower per hundredweight. Prices for various hog weights and grades are listed with top bids around 17 dollars, while cattle prices remain steady despite heavier slaughter and mixed steer and heifer values.
The article notes a steady Chi cattle market with 16 500 head sold, up from 13 004 last week. Prime grade steers brought 22 dollars at 1 250 to 1 334 pounds, mixed high choice and prime 20 50 to 21 75, heifers 18 to 20 50, bulls 17 to 19 50. Sheep market steady with spring slaughter lambs around 224 50 for mostly choice cuts.
The report shows hog and cattle prices developing signs of a seasonal upturn as weather and feed markets influence demand. Slaughter figures and wholesale meat prices fluctuate with pork, beef, and poultry sectors, while futures and cash markets reflect shifting supplies and costs.
CAPE KENNEDY UP I reports America's largest rocket the Saturn I is set for a space test opening the moon mission. The 160 foot booster with a new in flight guidance system will hurl an eight and one half ton dummy moonship toward Earth orbit, aiming to set a weight record.
A report notes Kennedy Story Television winning best in the Emmy Awards amid a week of volatile market news. The piece also covers cattle and hog trends, grain futures, and an auction listing with various local sales and final accounting notices.
Temperatures climbed into the 80s across Indiana on Monday while humidity remained low, making the heat more bearable than last week. A public notice announces a series of alcohol permit hearings and local business classifieds appear amid weather reports.
Multiple Madison County job notices advertise a Mechanic B position with complete training and variable hours, an appliance salesman role with advancement, and a route operation opportunity. Additional income and no age limit are mentioned along with locations on Box 2138 and 10th Street.
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