Heaviest Losses in Stocks Since 1929 Plunge
New York markets plunged on Monday with the Dow dropping 34.95 to 576.93, the worst since October 28, 1929. Volume surged to 9.35 million on the NYSE, led by declines in AT&T, Du Pont, and IBM, as investors faced margin calls and a broad selloff across blue chips and growth stocks.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Associated Press
Dow Jones
American Telephone
du Pont
International Business Machines
At&t
Standard Oil
New Jersey
General Telephone & Electronics
Kennedy
Walter W. Heller
Wall Street
Grains end lower after minor gains on Monday
The Board of Trade closed with mixed moves as most grain futures slipped. Wheat fell about 1.5 to 2 cents, corn down around 4, oats down 1 to 1.5, rye down about 2, and soybeans edging between firm and weaker on late selling and profit-taking.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Winnipeg
Midwest
Stock Quotations From The Market Report
Quotations enclosed in brackets indicate the higher price asked and the lower price offered. Courtesy Thomson and McKinnon.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
Local Livestock Market Prices and Notes
Hogs range 199 to 240 pounds and 240 to 300 pounds with sows over 15 dollars. Cattle show good steers and heifers at 21 to 24 dollars, choice steers and heifers 24 to 26 dollars, calves cows bulls listed with varied values. An unrelated line notes Portugal as an independent state since the 12th century.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
Hog Price Summary from Indianapolis Market Report
Hog prices in Indianapolis drifted slightly lower with most hogs down 25 to 50 cents. Sows stayed steady, while steers, heifers, bulls and dealers showed mixed gains. Heavy hogs and lighter weights occupied broad price ranges from about 12.75 to 16.75 dollars, with lambs near last week’s levels and ewes steady.
MENTIONED IN THIS ARTICLE
Indianapolis
Spl
Pendleton High names 1962 valedictorian and salutatorian
Laureen Snodgrasse receives Ball State Teachers College scholarship and plans to enter teaching. Jerry Sloan, a one year Pendleton senior and licensed Methodist minister, earns a scholarship to Anderson College and will enter ministry. A Senior Awards Assembly at 10:10 a.m. honors 108 graduates with awards and recognition.
MENTIONED IN THIS ARTICLE
Pendleton High School
Laureen Snodgrasse
Claire Snodgrasse
Pendleton
Ball State Teachers College
Jerry Sloan
Adele Sloan
Rt. 4
Anderson
Jothian
Ill
Methodist Church
Anderson College
Elwood Delta Chi Sigma installation and social week
Elwood hosts Delta Chi Sigma installation of Gamma Phi at Indianapolis with Mrs. Madaline Robbins presiding and a white Bible presentation. Elwood couples bridge winners include the St Clair, Clark, Connors, and Parker pairs as friends leave town. Tri Kappa scholarships distribute 800 for Wendell L Willkie seniors. several students announce college plans. Home Builders Class plans a ham burger fry and park picnic for June 9. Baptist Mission Society hosts guest dinner with Mae Markley speaking on foreign missions. Local grain prices noted and social rounds close with Edna Balser and Mary Barnes visiting Elwood friends.
MENTIONED IN THIS ARTICLE
Elwood
Delta Chi Sigma
Gamma Phi
Indianapolis
Madaline Robbins
Esther Guard
Elwood Country Club
George St. Clair
Neil Clark
Floyd Connors
C. Parker
Charles St. Clair
Joe Most
John Beatrice
Mildred Pruett
Hartsock
Lena Henderson
Hobbs Rest Park
Baptist Mission Society
Woman's Missionary Society of
The
First Baptist Church
Mangas
Mae Markley
Bluffton
R. W. Sage
Bethel Mission
Legion Post At Elwood To Elect Officers
Annual Legion election at Louis Monroe Post No. 33 Elwood runs Tuesday between 1 and 8 pm with many candidates listed for commander vice commander and other posts. Also notes Masons hold a Memorial Day breakfast at 6 am with 25 and 50 year pins.
MENTIONED IN THIS ARTICLE
Legion
Elwood
Masonic Lodge
Temple
Melvin E. Moore
Howard Whigham Rites Tomorrow
Howard F. Whigham 75 died Sunday morning at his daughter’s home in Alexandria. Retired National Gypsum employee of 35 years he lived in the area 40 years. He attended St Mary’s Church and was a member of the Eagles Lodge. Survived by daughter Mrs. Herbert Ice, a brother Gail Whigham, four grandchildren and seven great grandchildren. Services Wednesday 2 p.m. at Karl M. Kyle Funeral Home with Rev. Fr. Robert Sorg. Interment IOOF Cemetery. Friends may call after 2:00 p.m. today.
MENTIONED IN THIS ARTICLE
Alexandria Howard F. Whigham
Herbert Ice
S. Curve St
National Gypsum Company
St. Mary's Catholic Church
Mt. Pleasant
Iowa
William
Amelia Whigham
Emma Linsmeyer
Anderson
Whigham
Eagles Lodge
Ice
Gail Whigham
Escondido
Calif
Karl M. Kyle
Robert Sorg
IOOF
Local Estate and Public Auctions Across Indiana Listings
Series of public auctions scheduled in June across towns like Anderson Muncie Summitville Pendleton and nearby areas. Items include household furniture real estate and antique sale opportunities hosted by Ellenberger Bros V W Byrne and others with dates June 2 to June 23 and multiple times.
MENTIONED IN THIS ARTICLE
Verl H. Brown
Anderson
Egg Hood
James
Lawrence Love
Muncie
Eaton
Ellenberger Bros
Westfall
Clinton St
Summitville
V. W. Byrne
Francis Raines
Henry St
Egg M
House & Smith
Joe Scampmorte
Admis
Kith & Main
Pendleton
Pearl St
H. D. Kirk
Thomas Dale Franklin
East St
Jim Bradley
Joe Kellum
Capacitors Prices Cut 30 Percent by General Electric
General Electric Co has cut prices about 30 percent on foil tantalum capacitors used in electronic systems for missiles and other purposes. The capacitors store power and release on demand.
MENTIONED IN THIS ARTICLE
General Electric Co
Finance Center NY overtakes Philadelphia as financial hub
The article notes New York City replacing Philadelphia as the U.S. financial center between 1830 and 1840. It also advertises a Memorial Day special from Favorite Flower Shop at Meridian and 25th, with carnations 1.39 per dozen and geraniums 79 cents each, contact 644-4916.
MENTIONED IN THIS ARTICLE
Finance Center
New York
Philadelphia
U.S
Meridian
Memorial Day Observance At Elwood Set
Elwood will observe Memorial Day with a 2 PM parade and cemetery program at Soldiers and Sailors Monument in the city cemetery. Twenty nine parade units are expected, with a rain plan to move to the high school gym. The event includes oblation, speeches by Perry Mangas and Roger L Cutler, and services by veterans groups.
MENTIONED IN THIS ARTICLE
Elwood
South St. Gates
Elwood City Cemetery
Main
18Th Sts
Main St
Anderson St
So. D St
Gordon L. Kester
First Presbyterian ‘Church
Perry Mangas
Louis Monroe
American Legion
Bill Stokes
The
Key Club
Roger L Cutler
Anderson
Veterans For Foreign Wars Auxiliary
Mangas
Rufus Simons
St. Stephens Episcopal Church
VFW
National Guard
Elwood Firemen
Elwood Police
York and Dunnichay
Kay Club
Kappa Delta Phi Sorority
State Civil Defense Color Guard
Civil Defense Unit
Flood Auxiliary
Atten Eagles By Laws Meeting Update
Atten Eagles members are set to gather for a by laws meeting on Thursday May 31. Charles Duncan of W.P. is noted as a point of contact for the session.
Alexandria Social Activities and Community Notices
Members of the Friendly Circle met at Mrs. Arthur Gooding home. An invitation from Mary and Herschel Carey invited a June 7 celebration at the 4 H Home Economics Building for the Careys 15th wedding anniversary. Plans discussed for the June 6 Joint Picnic at Beulah Park. Next meeting set for June 14 with Mrs. Phil Crull. Attendees listed include Mrs. Mabel Gooding and many others. Boy Scout Troop 87 May 31 meeting cancelled for summer camp planning. Jaycees elected officers led by John Noffie with an installation banquet June 27 featuring Ajax Arvin as guest speaker.
MENTIONED IN THIS ARTICLE
Alexandria
Friendly Circle
Arthur Gooding
Mary
Herschel Carey
Mesdames
Betty Bangle
Marguerie Jones
Helen Masters
Nellie Leach
Hazel DeWitt
Roxie Unger
Margaret Gosnell
Debbie
Bertha Lemeron
Gladys Mc
Boy Scout Troop 87
Jaycees
John Noffie
Sam Kantner
Thomas Thomas
Richard Auler
Larry Scott
Fred Aldridge
Ajax Arvin
Nazarene VBS In Progress
Open day for Vacation Bible School at the Church of the Nazarene in Alexandria runs 6 to 8 30 p m each evening this week. Listed staff include superintendent Colleen Hodge secretary Glenda Hart ness pianist Deardra Studebaker chaplain Francis Gasho and various nursery kindergarten primary and junior department helpers. Also note Homer Scott was taken to St John s Hospital Anderson by Karl M Kyle ambulance Saturday evening.
MENTIONED IN THIS ARTICLE
Alexandria
Church of the Nazarene
Colleen Hodge
Glenda Hartness
Deardra Studebaker
Francis Gasho
Eugene Scott
Linda Hiatt
Linda Lemon
Velma Bruton
Shirley Lemon
Sue Roges
Myrtle Holder
Bill Cooper
Doris Dal
Homer Scott
Rt. 1
Scott
St. John’s Hospital
Anderson
Karl M. Kyle
Bender Funeral Rites Held for Former Alexandria Resident
Funeral services for Miss Alice Bender, 51, a former Alexandria resident who died Thursday in Miami, Florida, will be at 9 a.m. Wednesday at St. Mary’s Catholic Church. The Rev. Fr. Robert Sorg will officiate. Interment follows at Park View Cemetery. Veneta will be received at Karl M. Kyle Funeral Home after 5 p.m. Tuesday with Rosary at 7:30 p.m. Tuesday. Alexandria parish members are invited to attend.
MENTIONED IN THIS ARTICLE
Alexandria
Alice Bender
Miami
Fla
St. Mary's Catholic Church
Robert Sorg
Park View
Veneta
Karl M. Kyle
Alexandria Parish
False Teeth Reliner Denturite Promises Quick, Quiet Comfort
Amazing new false teeth reliner offers instant set in two minutes, stopping clicking and easing sore gums. Denturite supposedly lasts a year, works on uppers lowers or partials, requires no daily powders or pastes, and is tasteless and odorless with a money back guarantee at drug counters.
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Itt
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Ind
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Wee
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Atteda
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Olin Mathieson Parke Davis
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Radio Corp. O Am
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Standard Oil of
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Swift & Co
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Texas Instruments
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Muncie Livestock
Good
Gov'ld
Stags
Hunter Chevrolet
Carol Heiss
Suta
Jack Lemmon
Ricky Nelson
Town
14Th & Jackson
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Joe Beaty
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Noble Mull
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Fred Smith
Edna Balser
Gary
Harry House
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Mary Barnes
Mishawaka
L. A
Sam) Morrow
Austtin Clary
Claudius Towner
H. E. Pulse
James Jackson
Ray Smith
Ray Lewis
Eugene Knick
Herbert Tharp
Albert Ricker
Howard Koons
Homer Bigson
Everett Shawdan
Edwin Lucas
Ralph Starkey Jr
Austin Clary
Robert Johns
Ralph Starkey Sr
Mercy Hospital
Artie Wood
So. A St
Damsel Riddle
Jefferson St
Katrina Rivers
24Th St
Jack Lewis
Jimmie Sherman
St. Mercy Hospital
Anna Hurst
Andrea Davis
School St
Gerry Anderson
Minnesota Ave
Wiliam Thompson
Daleville
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A St
Raymond Hughes
23Rd St
Howard Whigham
Bulletin-Herald
Jaycee Officers
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Max Tulowitzky
Bender
St. Mary's
Antes
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Smoky Mtn
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Anderson Bus Terminal
Main Street
B-B Construction & Lumber Co
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Madison Ave