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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Sep 02, 1964
Page
5
U S Steel and Bethlehem led a broad stock rally on Tuesday as industrials, chemicals and rails rose while bonds softened. The Dow gained 5.52 to 844.00, the Associated Press average rose 2.1 to 316.3, and volume rose on the American Exchange with 4.66 million shares traded.
Multiple auction notices announce sales by Mr. and Mrs. Clyde H Wade Emma R Watkins Joe Boop Donald Humper Truman Roberts and others. Locations include Wardell Fletcher Street George Red Raines Cadiz Hereford Greenfield and nearby routes with times set in September. Auctioneers include Tim Bradley Joe Kellum Phearis McShurley and Bat.
Auction notes show hogs steady with weights 1200 to 240 pounds priced at 7.75 to 18.25 and 240 to 280 pounds at 17.25 to 17.50. cattle steady with good to choice steers 20.50 to 25.00, ordinary to low grades 16.50 to 20.59, and calves around 21.00 to 24.08. lambs and sheep markets mixed with spring lambs 22.50 to 23.50 and yearlings 16.00 to 18.00. grain prices and industrial stocks listed in the market page.
Hanoi warned it will attack any American warship entering waters within 12 miles of its shores and rejected U S claims to a three mile limit saying territorial waters extend 32 miles. The Foreign Ministry spokesman said self defense would be used against provocation.
Democrat Roger Branigin and Republican Richard Ristine sparred on the U S Supreme Court reapportionment ruling during an Indianapolis Rotary Club appearance. Both opposed the court's approach and described Indiana's 1851 constitution as requiring population-based division of both houses. They discussed tax policy, education funding and calls for reform, with Ristine urging tax code simplification and exemption of essential goods, and Branigin cautioning against broad tax cuts.
Cattle catalog shows 3 000 head with calves not listed and slaughter steers firm to 50 higher. High choice prime loads 1,275 1,325 lb steer ranges 25.75 28.00. most choice 1,150 1,300 lb 25.75 27.00. good weights 22.00 23.75. mixed good and choice 24.00 25.25. three loads high choice with few prime. Heifer lots 1,000 1,025 lb at 24.75. choice 400 1,000 lb 23.25 24.25. good 21.50 22.50. utility and commercial cows 12.50 15.00. Sheep offerings 300 head. spring slaughter lambs weak to 50 lower. choice and prime 85 110 lb 24.59. good and choice 22.59 24.00. good 21.00 22.50. shorn slaughter ewes 5.99 6.50.
Prices paid for hogs weakened with most of 1 to 3 hundredweight weights down, sows steady to strong, and supplies active. Cattle saw higher steer prices and steady to weak cows, with sheep affected by lighter demand. Local mill bids for grain delivered by truck quoted for various corn, wheat, soybeans, and oats grades.
The County Treasurer reports about 11,000 delinquent personal property tax notices mailed and roughly $34,000 collected. Treasurer Egbert M Hood says response has been heavy since August 5 and final delinquent statements should be ready by late September for further processing.
The British Insurance Association says 8.4 million dollars in hurricane claims are likely. The Florida coast faces the largest claims, with Puerto Rico Cuba and Jamaica also affected.
Titan 3A reached 108 miles on maiden flight and failed to orbit a dummy payload. Brig. Gen. Joseph S. Bleymaier said two first stages performed perfectly while the third stage operated over six minutes before cutting off short, preventing orbital success. Merle Willard and Farm Bureau linked groups commented on the test, noting objectives met despite the failure.
Detroit AP report notes that Chrysler negotiators were serenaded with a birthday greeting but no gift during talks. The event highlighted ongoing labor negotiations and the absence of concrete concessions from either side.
Washington UPI The Life Line Foundation linked to H L Hunt disclosed contributions from oil firms banks and other businesses under review by Rep Patman subcommittee probing charitable tax exemptions. Officials cited difficulty determining if activities were educational or political.
The New York City Health Department will launch a mass therapy program to help tobacco users starting in October. Under Dr Catherine Hess the effort includes tobacco withdrawal clinics and mass meetings using a mass therapy approach. The program will be free and aims to reach about 13 000 people in its first year.
Willard said the Farm Bureau should repudi ate his claim they support the action if they are not against it. He charged there is a controlled market controlled by the packers as the NFC begins its fight.
Premier Moise Tshombe will fly to Albertville as central Congolese troops aided by white mercenaries pushed back rebels led by Gaston Soumialot. Seven foreign soldiers were killed, missing, or wounded in the weekend fighting for the Lake Tanganyika communications hub. Government forces plan to clear shoreline lines and sever rebel supply routes, accusing Soumialot of receiving aid from the Chinese embassy in Burundi.
EASTMAN Ga UP T The Georgia based Stuckey s Inc pecan candy and motel operator is negotiating a merger with Pet Milk Co W S Stuckey Sr president says the merger would include practically all holdings he would not elaborate but said details would be announced before the week is over no figure was revealed on net worth but it was expected to reach into the millions
A planeload of wounded including mercenaries Catholic priests and Congolese soldiers arrived in Elisabethville Monday night with weekend fighting details for Albertville between Congolese forces and Communist backed rebels.
A broadcast or publication raised a public split on a key issue separating the candidates, as Rogo tin commented on the matter.
Van T. Smith of Muncie outlines pros and cons of placing city firemen and policemen on the merit system during the Anderson Exchange Club noon luncheon at the YMCA Mulberry Room. Smith chairs the Muncie study committee and leads the program with Yearl Curtis Hilligoss as committee chair. Ted Crook presides over the business session.
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