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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Sep 18, 1963
Page
11
Market summary from Muncie shows hogs down 15 cents with varied weight classes, sows mixed to higher. Cattle steady to firm with steers and heifers largely in the 21 to 23 dollar range, cows weaker. Wheat and corn futures cited, along with feeder offerings and calf totals from local reports.
Quotations show figures enclosed in brackets indicating bids and the lower parentheses denote higher offers. The report explains the method used to record bid and ask levels in the stock market summary.
Mixed stock action with Dow up to 740.13 as late gains narrowed. Hog and cattle prices varied with hogs steady to 15c lower and cattle steady to high, while lambs and sheep held firm. News included high volume trading, profit-taking by long-term holders, and several major issues propelling or tempering the market.
New York reports beet sugar from western states appearing on the eastern market in competition with cane sugar. Beet sugar presently undercuts cane by about 91 cents per hundredweight in New York.
Classified ad rates for weekly and daily insertions are listed including three days and one-day discounts. Payment terms offer cash or seven day payment with a 20 percent discount for prompt payment. Ads run in The Herald and The Bulletin under Anderson Newspapers obligations and deadlines.
A fragmented classifieds page lists services from appliance repair, beauty salons, sewer cleaning, carpentry, and graveled hauling to home maintenance. It includes pet notes about a Boston bull terrier and a red dachshund, missing near Pendleton Avenue, with contact numbers. Gift ads hint at September specials and a large furnace installation offer with warranty.
AP reports bids by focal mills for grain delivered by truck in Indianapolis. No 2 red wheat priced at 1.74 per bushel, No 2 new white shelled corn 1.18, No 2 new yellow shelled corn 1.18, No 2 new white oats priced for 36 lb and up, No 1 new yellow soybeans at 13 percent moisture 2.43 per bushel.
Slaughter cattle sales ranged widely with Good grades 900 to 1250 pounds bringing 22.25 to 23.25 and High choice 1000 pound heifers near 134. Slaughter lambs and ewes were steady with spring lambs 90 to 100 pounds at about 2 and good to choice 18 to 20. Slaughter ewes sold 4 to 6.
Gordon C. Fraser named director of International Operations at P Lorillard Co. He previously led American Machine & Foundry Co. units including AMF Tobacco Machinery Co. AMF Overseas Corp and AMF Investment Corp and served as executive vice president of AMF International Co.
New York UPI reports Cetchell Mine Inc will merge into Goldfield Corp. The merger converts each Getehell share into TR shares of Goldfield common stock. The koala bear note mentions eucalyptus leaves.
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