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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 21, 1953
Page
7
Veterinarians fear new anthrax flareups after a Kansas outbreak in Franklin County where five cattle herds were quarantined. AVMA notes spores can linger in soil from 1952, urging reporting of mysterious livestock deaths to authorities for investigation.
The GMAC prospectus details an expected 150 million debenture issue led by Morgan Stanley for General Motors Acceptance Corp. It cites 1948 to current payout increases to 21.9 months for new cars and 19.5 for used, 46.6 and 39.9 percent down payments, and historic loss rates around 0.08 percent with a worst year near 0.49 percent.
Stocks followed the wheat market over the past week with Monday sharply down as wheat hit a 10 cent limit. The week saw mixed moves with Wednesday highs lifting the industrial average, rails, and utilities, while volume dwindled toward Friday. Analysts cited a large crop and new USDA loan moves as factors shaping the gains and losses.
In Glastonbury Connecticut a young mother reported her two year old son urgently needed medical treatment. Officers investigated and told her that a child’s anatomy can redden after a spanking clarifying the concern.
The article explains that estate taxes depend on how holdings are valued, especially with a buy and sell agreement. It promotes New England Mutual’s Business Security Plan as a method to reliably establish valuation and provide cash to avert forced liquidation or reorganization. It notes experienced agents offer free consultations with you, your attorney, and your bank’s trust officer.
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