Cross Examination Continues in Nickerson Defense Trial
Rocket expert Col. John C. Nickerson faces cross examination as Army prosecutors press to shift focus from leaks to his security breaches. Nickerson admits sending secret documents to a missiles magazine editor to inform Secretary Wilson, while defense argues motives and mitigates guilt amid potential penalties.
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Missiles
Fatal mistake in Formosa jam poison case
Lin Ten piao, owner of a Tai Chung foodshop in central Formosa, was sentenced to 2 1/2 years in prison after admitting a mistake led him to put rat poison in jam he produced. Eight customers were affected by the incident.
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Taipei
Lin Tenpiao
Taichung
Formosa
Business Outlook Brightens, Then Uncertain By Year End
Economic optimism at midyear points to a stronger industrial push after summer slowdowns. Wages rise faster than output and steel and aluminum price increases may lift production costs, potentially feeding higher retail prices. Demand, defense spending, and auto production support a sustained if uneven recovery into fall.
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Eisenhower
Markets at a Glance United Press Report
Stocks higher in moderate trading and bonds higher with U S government bonds easier in quiet trading. American and Midwest stocks show irregular gains while cotton futures decline. Chicago grains, including wheat corn rye oats soybeans and lard, move irregularly. Hogs fall 25 to 50 cents, top 20 25, cattle steady at 24, vealers 23, sheep steady to 50 higher with top 23 50.
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U. S
Midwest
Chicago
Wage Increases Hit Steel and Aluminum Workers This Year
Steel workers will gain a sizable wage increase Monday and aluminum workers will follow on August first. Both industries plan to pass most or all of the rise to users. Coal prices and wages rose in April and transport costs climbed this year, raising utilities borrowing and expansion costs and potentially leading to higher rates.
Strong Buying Boosts Grains on Board of Trade
In Chicago on June 28 a strong buying movement lifted all grain futures except rye, with wheat and corn leading gains. July prices showed modest increases before profit taking tempered the session, as oats and rye moved variably.
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Chicago
Board of Trade
Local Markets Livestock and Produce Prices
Salable hogs range 16.75 to 19.50 with bulk No 1 hogs 190-240 lb at 18.50 to 19.50. sows up to 15.00. Poultry delivered: Grade A large eggs 25c, heavy breed hens 13c, Leghorn hens 10c, cocks 10c. Grain and feed: Wheat 1.92, rye 1.12, oats 0.72, barley 0.75, corn 1.21 to 1.23, soybeans 2.19 for yellow, 1.89 for black/mixed.
Market Reports Chicago Produce June 28 Notes Prices
Chicago produce market report lists cheese with longhorns 38 to 39 cents, Swiss graded at 41 to 43 cents, butter steady at 93 to 92 score values totaling 2,019,000 pounds, eggs about steady with 10,900 cases and prices 29 for large, 27 for standards, 26 for current receipts.
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Chicago
Chicago Livestock Prices Reported for June Sales
Salable hogs 8 000 and cattle sales described with price ranges by weight class. No. 1 2 hogs 200 220 lb $25 to 50 lower, sows $16 to 17, cattle and calves largely steady with steers 22 to 24, heifers 21 50 to 23, cows 14 to 16 50, bulls 17 50 to 19 25, vealers 19 to 23. Sheep 200 head, spring lambs 21 to 23 50, ewes 3 50 to 6 50, shorn lambs absent.
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Chicago
Indianapolis Livestock Prices Report June 28
Indianapolis livestock market report shows hogs unevenly steady to 50 lower with price ranges for 190 to 240 pounds from 19.50 to 20.00 and heavier weights scarce. Cattle and calves mixed with steers strong to 25 higher, heifers and cows steady to 25 higher, vealers active. Sheep and lambs nominally steady with limited good and choice lambs priced around 20 to 22.50.
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Indianapolis
Cincinnati Produce Prices at Farms in Cincinnati
Market listing from Cincinnati shows f.o.b. Cincinnati poultry and produce prices by grade and size. Items include white and brown chickens in multiple sizes with case pricing and current jumbo, large, and medium classifications.
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Cincinnati
F.o.b
Sumer
U. S
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U. A
Motors and Steel Lead Rally on Active Trading Day
Motors and steels paced a brisk rally as U S Steel raised prices by six dollars a ton and spurred gains across related firms. Carmaker output, higher freight carload forecasts, and rising store sales aided shares while copper drifted lower and utilities resumed gains.
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U. S
Market quotes: cash grain prices Chicago June 28
The report lists cash grain prices in Chicago on June 28 with No 1 red at 2.16, No 2 red 2.154, No 3 at 2.14, No corn and oats described as heavy and musty. Soybeans priced with oil at 11 percent and meal 44.00 to 45.50. Barley nominal with feed at 1.05 to 1.25.
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Chicago
Delay Fishathon at Cataract Lake Postponed Indefinitely
The Terre Haute Fishathon, delayed twice, was postponed again due to renewed floods after Thursday night rains. Officials expect the event likely to be rescheduled for September at Cataract Lake.
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Terre Haute
Cataract Lake
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