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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 28, 1957

Page

7

Shares Plunge As Market Slumps On Disarmament Talk

New York stocks suffered their worst slide in 30 months as disarmament talk sparked losses across sectors. The Dow fell 4.81 to 499.21 while the Associated Press average dropped 1.60 to 182.90, with Industrials down 3.00 and oils tumbling after earlier gains.

New York Wall ‘Street Associated Press New York Stock Exchange Dow-Jones American Stock Exchange Valume Catalin Hazeltine A&p Electric Bond& Share Barium Steel Woodley Petroleum

Western leaders discuss European disarmament progress

In Washington and Bonn, Konrad Adenauer and Secretary of State Dulles held talks amid broader discussions of West German reunification and a possible East‑West disarmament accord. The pair stressed frank dialogue and the need for a comprehensive approach linking German unity with European integration.

Germany Adenauer Capital Dulles Howard 8 Stark Co Milamahee Atte Rodecat

Heavy Receipts Weaken Hogs At Chicago Market

Chicago market report shows steers unevenly steady to 50 cents lower with 25 000 head on feed. high prime sold up to 27.00 per hundredweight. Hogs up 25 cents. sows up to 50 cents. shorn lambs weak to 50 cents off with good demand for prime spring lambs. Receipts 7 500 hogs. shippers bought 2 500.

Chicago

Livestock prices steady to firm in Muncie sale

Hogs sold mostly higher with top No 1 choice at 19.35 while 180 to 240 lb hogs ranged 18.60 to 19.10 and 280 to 360 lb hogs 16.85 to 17.85. Cattle and calves showed mixed gains with price ranges for steers heifers cows and calves. Also a New York bond market roundup noted lower prices for corporates and mixed rails with government bonds down modestly. Queen Victoria’s 63 year reign noted against Louis XIVIs 72 year record.

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