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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Sep 04, 1963
Page
24
New York equities moved up strongly to a 1963 recovery high on the first post holiday session. The Dow rose 2.70 to 732.02 while the Standard & Poor's 500 hit a fresh all time peak, with 627 advancers and 421 decliners among 1,308 issues.
Notice to creditors heirs and legatees of Oglivie Lindsey deceased to appear in the Madison County Superior Court at Anderson Indiana on September 16 1963 show cause why final settlement accounts with the estate should not be approved and to prove heirship and receive shares Clerk Eugene Creagmile Chambers Byer and Gaus attorneys for the estate notice dated August 23 1963 H 9434 August 28 September 4
In New York UPI reports wholesalers expect average sales to rise 5.7 percent and profits to grow 4.6 percent in 1963 per a Dun & Bradstreet industry study.
Local mills post bids on No 2 new red wheat at 1.58 and No 2 new white corn at 1.18. No 2 new yellow corn also 1.18 and No 2 white oats 57. No 1 new yellow soybeans 2.33 with moisture at 13 percent.
Stock quotes from Thomson and McKinnon show bids and asks with brackets and parentheses indicating offered levels. The report notes bids lower than asks and explains quotation conventions used in the daily financial ledger.
Hogs trading slowed with demand weaker and prices down 25 to 35 cents per hundredweight. Top hog bids reached 17.25 dollars for 200-225 pound mixed No 1 and 2. Mixed 1-3 sold up to 17 for 190-260 pounds. Sows at 16, cattle offerings 18,000 head, largest of year, with steers down 75 cents per hundredweight. High mixed weights 22.50 to 25.25, average 24.75, heifers 23-24, bulls to 19.50. Sheep spring slaughter limbs up 50 cents to 1.00, at 21 for mixed choice.
At Chicago Board of Trade on Tuesday steady buying lifted the grain futures into a firm to strong tone. Old crop wheat gains exceeded one cent a bushel with the September contract up two cents. September corn and soybeans rose about a cent. other deliveries gained small fractions. Brokers cited buying on commercial accounts, mainly short covering and new long positions by speculators.
Cash hog trading opened active but slowed late with 12 000 head in yards. Prices varied by weight, with lighter hogs down and heavy hogs mostly steady to slightly higher. Cattle and calves sold slowly with mixed results, sheep steady to lower on spring lambs and ewes.
Hogs several weight ranges with 240 to 300 pounds and roughs quoted from 15.10 to 17.00. Cattle show steady to firm with steers and heifers priced from 15.00 to 24.00, bulls and utilities noted. Lambs and sheep steady with spring lambs around 20.50 and slaughter sheep 3.50 to 5.00. Calves steady with good to choice at 24.00 to 27.00.
Ronald A. Nicholson, long time vice president of Webb & Knapp Inc., was chosen executive vice president and a director. The board elected Maxwell Fader A Gary Fieger George Litton as vice presidents C Robert Lonshein as assistant vice president and Donald J Meyer as assistant secretary. Asa T Moreland former Indianapolis department store manager and former Indiana Chain Store Council president died at 63.
A dense listing details multiple public and estate sales across Indiana towns. Items include real estate, antiques, household goods, farm equipment and livestock with dates from September 7 to September 17 and various auctioneers such as Whelchel Egg Hood Kellum and Kirk. Locations span Greenfield Anderson Pendleton Ches terfield Lapel Shirley Sulphur Springs and more.
Indiana Aug. 1 1963 crop forecasts predict higher corn wheat and soybeans but lower oats barley rye and hay. Corn grain expected at 372,529,000 bushels up 6 percent from 1962, soybean 78,848,000 bushels, winter wheat 56,562,000, oats 31,354,000 with a record oat yield of 61 bushels per acre, barley 980,000, rye 975,000, sorghum 464,000, hay down ~7 percent, commercial apples 985,000, peach harvest 10,000.
The Agriculture Department forecasts continued high fruit prices as September through early fall supplies are tighter than last year. Fresh citrus from California may be up modestly in September while Florida's fall crop could be scarcer. Grower prices for light fruit supplies and for citrus are expected to stay elevated, with 1963-64 canned fruit pack likely smaller than 1962-63. Retail canned fruit prices are also expected higher than last year.
White House officials refuse to publish exact clothing sizes for Caroline and John Jr. to avoid an influx of gifts. The piece recalls presidents Truman Eisenhower and F D R receiving vast, varied gifts, including shirts, golf balls, and coal ash trays, highlighting gifts' impact on White House life.
ICI announced a new naptha cracking plant to produce ethylene at Wilton North Yorkshire. It will be the largest unit outside the United States and start in 1965 boosting ICI ethylene capacity to over 300000 tons annually.
New York, UPS report that Raytheon Co. elected Charles H. Resnick as secretary. Resnick, a general attorney with the company since September 1957, replaces Wellington F. Scott who resigned to join a Boston law firm.
Indianapolis AP report states seven new field examiners were sworn in to fill vacancies on the Indiana State Board of Accounts. The appointees are Robert L. Walker of Carthage Stanton D Emanuel of Indianapolis James D Feagler of Fort Wayne Richard E Frost of Indianapolis Millard F Renner of Morgantown John D Emmert of Brazil and Robert K Dishon of Kokomo.
Quito is the capital, but Guayaquil remains the only port of consequence for Ecuador.
The People’s Marketplace lists office hours and minimums for classified line ads. Rates: weekly 29c per line per day, three days 3314¢, one day 42c per line per day. two-line minimum $1.00 cash. monthly $6 per line. Cash pay 20 percent discount within seven days. Ads run in morning edition. typeset in 3 and 12 point faces. borders not used. ads accepted until 5 p.m. previous day. credit available to telephone customers.
Maurice Eastin, president of Esterline Angus Instrument Co., announced in Indianapolis that the firm has purchased the Weston Instruments and Electronics electrical graphic recording line. All manufacturing will be moved to the Indianapolis plant promptly. Weston is a Daystrom division based in Murray Hill, New Jersey. Last week Esterline Angus also announced the purchase of Lumen, Inc., a Telex division.
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