The Decatur Daily Review from Decatur, Illinois • Page 25

Illinois, Tuesday, August 9, 1955. THE DECATUR REVIEW PAGE TWENTY-FIVE Selling Wave Sends Stocks Down Sharply New York, Aug. 9 (AP) A selling wave swept through the stock market today and beat prices down severely. Losses ran to between one and four points frequently. Gains were small and scattered.

During the worst of the selling, the ticker tape fell as much as two minutes behind in reporting, the trading. The pace was ahead of Monday's 1,730,000 shares. Chrysler and General Motors were focal point of the selling and weakened rapidly. The market hit a record high level two weeks ago Monday, and since then has been headed downward. Many traders and others in recent sessions took to the sidelines.

Consequently, when prices began to sag today, there was little hesitancy about offering stock for sale. Brokers cited the gradual ening of credit as a factor in halting the boom in stocks. Monday the banks raised their charge for loans to brokers to from per cent, the second hike in two weeks. U. S.

government bonds were lower. Decatur Market Trend Hog prices were mostly steady at local buying agencies. Top price offered on Tuesday was $16. Nearby country elevators reported old corn down 10 cents from top bids the day before. Old soybeans were up a cent, oats were down two cents and new wheat was down a cent.

Grade-A and medium eggs were both up a cent at local produce markets. Grain Markets Decatur Grain 1.25-40; feed Livestock Markets Macon County Marketing Hogs: 170-300 15.85; roughs, $14.50 down. Midwest Order Buyers Hogs: 170-240 16.00; sows, $14.75 down. (These prices represent a range of quotations by several country elevators served by different railroads. Prices are published to indicate a trend.) Corn, 30-day new corn, $1.07.

Soybeans, 30-day 2.36; Nov. Oats, 30-day 48c. New wheat, Chicago Cash Grain Wheat: No 1 hard 2.00¼. Corn: No 1 yellow 1.39¼; No 2 1.38¾-39¼; No 3 1.37¼; No 4 1.32-35; No 5 1.31. Oats: No 1 extra heavy white No 2 Soybean oil: soybean meal; 54.00-54.50.

Barley nominal: malting choice Chicago Livestock Salable hogs fairly. acfive, generally steady to 25 lower on all hogs; most U. S. No 1 to 3s 190-270 lb 16.00-16.50; numerous sales at 16.50 including mixed No 1 and 2s 190-220 lb, also No 2 and 3 butchers up to 250 lb; few sales mixed No land 2s 200-230 lb to 16.65 around 85 head in three lots mostly No 1s 200-220 16 at 16.75; a few 280- 310 lb 15.50-16.25; most 160-180 1b 14.00-15.75; most sows around 400 lb and lighter 14.00-15.50; a few under 300 lb 15.75; bulk 400-500 lb 13.00-14.25; a few up to 600 lb and above down to 12.00. Salable cattle salable calves 300; steers uneven, averaging about steady; heifers draggy, mostly 50 lower than early Monday or steady to 25 lower than late last week; cows steady to weak; bulls and vealers fully steady; stockers and feeders steady; choice and prime steers 21.75 24.00; choice yearlings sold up to 23.00, but load lots prime lb steers 22.75 23.00; two loads prime 1,225 lb 24.00; good steers 18.50 21.50; several loads high choice and prime heifers and mixed yearlings 22.25-23.00; most good and choice heifers 18.50 21.50; a few low good heifers down to 17.50; utility and commercial cows 10.75 13.00; canners and cutters 8.50-11.25; utility and commercial bulls 14.00 15.50; practical top 15.50, but odd headup to 16.00; good to prime vealers 18.00-23.00; cull to commercial 11.00 18.00; good stocker and feeding steers 18.00-19.75; two loads common 538 lb stockers 14.00.

Estimated salable livestock receipts for Wednesday are 8,000 hogs, 14,000 cattle, and 1,000 sheep. East St. Louis Livestock Hogs bulk U.S. No. 1 47 U.S.

WEATHER BUREAU MAP Department of Commerce 55 56 61. HIGH 67 73 70 65 30.33 52 73 56 COLD 65 2 58 67 66 87 67 72 66 68 FRONT 74 66 76 tOW LOW 78 74. 29.80 29.70 76 73 73 73 72 LOW 27.61 Low Temperatures and Areas of Precipitation Expected Tonight 83 50 50 50 50 760 HIGH 60 -70 Average for 29.95 Temperature Figures Ares Shew Weather Conditions Arrows Denote Wind flow 70 As Of 1:30 A.M. EST Rain Snow Aug. 9, 1955 Highs and lows in leches Fair and Cool Tonight and 3 grades in mixed lots of 200- 240 lb at 16.50-85; largely 16.75| with larger percentage of weights 210-230 lb in the supply; around 300 head mostly U.S.

1 and 2 grade 210-225 lb 17.00; 180-190 lb offerings 150-170 lb cept 14.25-15.75; 120-140 lb 12.50-west 14.25; sows 400 lb down 13.75- to 68 15.25; over 400 lb 11.25-12.75;| boars 7.00-11.50. 92 Cattle calves part load high choice to prime mixed yearlings 23.50; next price 22.75;| scattered sales good and choice last steers and heifers 19.50-22.25; utility and commercial cows 10.50-12.50; canners and cutters mostly 8.00-10.50; utility and commercial bulls 12.00-14.00; good and choice vealers 18.00- 21.00; few high choice and prime 22.00-24.00. Indianapolis Livestock Hogs moderately active, steady to 25 lower; U.S. 1-3 180- 240 lb 16.25-50; about 100 head mostly one and two 200-220 16 16.65; 240-270 lb 15.75-16.25; 270-300 lb 15.50-75; heavier weights scarce; 160-180 lb 14.50- 16.25; sows steady to strong; choice 270-300 lb 14.50-15.00; few 250 16 15.50; 300-400 lb 13.50-14.75. Cattle 2,100: calves 300; slaughter steers and heifers fairly active; fully steady; cows moderately active, about steady; choice fed steers 21.50-22.50; few high choice 23.00; choice heifers 21.00-22.00; utility and commercial cows 10.75- 12.50; canners and cutters 8.50- 11.00; vealers active, strong at 19.50-21.50; few prime 22.00- 22.50.

Produce Markets Decatur Produce Poultry delivered in DecaturHeavy hens, 16c; leghorn hens, 13c; bareback hens, 13c; springers, farm run, colored 16c; rocks, 18c; cocks, 9c. No. 1 eggs, 27c; mediums, 17c; small, 14c; C- grade, 14c. Chicago Produce Butter steady; receipts 113; wholesale buying prices unchanged; 93 score AA 57.25; 92 A 56.75; 90 54.5; 89 52.5; cars 90 55; 89 53.5. Eggs firm; receipts wholesale buying prices unchanged to 2 higher; U.

S. large whites per cent A's 45; mixed 43; mediums 40; U. S. standards 36; dirties 28.5; checks 28; current receipts 30. Live poultry steady; receipts in coops 967; f.o.b.

paying prices unchanged; heavy hens 21-24; light hens 17.5-18.5; broilers or fryers 29-30; old roosters 13.5- 14.5; caponettes lb 32-34, over 5 lb 36. Disorderly Charge Homer Dale Pinson, 43, Weather Illinois: Mostly Wednesday. turning cooler Wednesday. north, 68 Wednesday 84 to south. WEATHER AT Highest last 24 night: Rockford Moline Peoria Rantoul Quincy Springfield Vandalia Scott Air Base Chicago Detroit Des Moines Grand Rapids Indianapolis Marquette Milwaukee Omaha S.

Ste Marie Traverse City Helena Portland Seattle Albuquerque Los Angeles Phoenix Salt Lake City San Diego San Francisco Denver Fort Worth Kansas City Memphis Oklahoma City St. Louis Boston Cleveland Louisville Washington Atlanta Miami New Orleans fair tonight and Somewhat warmer exextreme northLow tonight 64 to 73 south. High 88 north, 88 to 7 A.M. TODAY hours. Lowest 78 58 78 61 83 61 86 60 82 60 84 59 83 59 87 65 78 61 75 60 81 61 76 54 81 60 70 57 72 59 86 66 73 50 77 49 85 48 71 54 65 49 88 64 86 68 95 75 92 62 76 67 68 51 86 61 103 78 83 68 88 75 95 75 85 65 73 59 78 63 87 68 74 69 88 70 86 75 93 74 INFANT MCELROY GIRL DIES AT BIRTH Juanita Gale McElroy, infant daughter of Flovd G.

and Helen McElroy, 1145 E. Logan died at birth at 6:04 a. m. today in Decatur and Macon County Hospital. Besides her parents, the baby leaves a sister, Helen Marie, at home, and grandparents, Mr.

and Mrs. Reece Voiles, Decatur. Graveside services will be at 10 a. m. tomorrow in Graceland Cemetery.

Friends may call after 6 p.m. today at the J. J. Moran Sons Funeral Home. bond and was released from county jail yesterday pending trial Aug.

17 before Justice of the Peace Ernest Booker on a charge of being disorderly in a tavern in the 700 block East Eldorado Street. Dreamland to Get Water City Council Substituting for Nature Filling of Dreamland Lake in Fairview Park will begin row. The City Council has agreed to furnish million gallons of water. Council action at this time allows the Park District to secure fish for the lake from the state Conservation Department exhibit at the State Fair. The restocking of fish is expected to be complete i in time for a fishing rodeo for youngsters.

Supt. Lacy Chandler estimated that 12 to 14 hours will be required to fill the lake. Water will come from a hydrant at Summit Avenue entrance to the park and flow through a ditch to the lake. Chandler said the District will continue its efforts to obtain a sup- DANIEL H. CRAWFORD, FORMER RESIDENT, DIES Daniel H.

Crawford, 78, of of Moweaqua, former Decatur insurance man, died at 9:25 p.m. yesterday in St. Mary's Hospital, after an iliness of six months. Mr. Crawford was with the Standard Life Insurance Co.

here until he moved to the Moweaqua area, where he farmed for 20 vears. He had been retired for three years. He was born at Ripley on Jan. 7, 1877, a son of Mr. and Mrs.

W. C. Crawford. He married Marietta Slater in St. Louis in 1909.

She died in 1916. He was married in 1927 to Mrs. Margaret Augustine, who survives. He also leaves a son, Edwin, of Decatur; a brother, W. C.

of Los Angeles, and one grandchild. A 32nd degree Mason, Mr. Crawford was a member of the Springfield Consistory, Ansar Shrine, Great Light Lodge No. 64, of which he was past master, Beaumanoir Commandery No. 9 of Knights Templar, Zohak Grotto and the Moweaqua Ma-.

sonic Lodge. Masonic rites in the charge of the Moweaqua Lodge will be conducted at 10 a. m. Thursday in the Brintlinger Funeral Home with burial in Pleasant View Cemetery at Kewanee. The family requests that donations be made to the cancer fund in place of flowers.

Fund Invites 10 Agencies Ten health, welfare and character building agencies have been invited to request conferences with the United Fund on joining in the united drive this fall. As yet, no official meetings have been scheduled. Some of the groups do not have local organizations and the invitations were sent to the national headquarters. Those agencies without local programs could be included in the United Fund drive for their "fair share" to go to national work, a Fund spokesman said todav. Agencies contacted include: Macon County Tuberculosis Association National Foundation for Infantile Paralysis, Macon County Chapter Macon County Chapter, American Cancer Society Crippled Children, Inc.

Muscular Dystrophy Multiple Sclerosis Macon County Heart Association United Service Organizations Cerebral Palsy Arthritis Rheumatism. Heart, cerebral palsy, USO, and arthritis were in the first United Fund drive held last year. No decision has been announced by those groups concerning this year's drive, however. The 15 Community Chest agen. cies and the Red Cross have announced 100 per cent participation in the 1955 drive.

3 to Speak At Institute Three guest speakers have been engaged for the Oct. 13 institute meeting for Decatur and Macon County teachers. William R. Woodward, county superintendent of schools, has scheduled a one-day institute for Oct. 13 in the Decatur School.

The second institute day will be arranged for March 9. The three speakers for the October date and their subjects are: Dr. Kimball Wiles, of the University of Florida in Gainesville, "Ten Keys to Better Schools." Dr. Carleton Rogers, pastor of the First Methodist Church in El- gin and a former chaplain and psychology professor, "A Philosophy for Living" and "A Man With The Brakes On." Dr. Chris De Young, speaking on public school relationships.

In a recent survey of opinions among Macon County teachers the majority stated they prefer an institute with inspirational and educational lectures. 'Food Plan' Trial Opens Tuscola, Aug. 9 (Staff) The jury trial of a Decatur man charged with false pretenses in the sale of a food freezer to an Arthur couple opened Monday in Douglas County Court. Frank Browning and his wife, Lucille, the Arthur couple, have charged that they signed what they thought was a sales contract. Instead, they claim, they signed a note.

The defendant is Roy McConnell of 1422. E. Prairie. Decatur, a salesman for LaRoi Associates, of Springfield and Decatur. McConnell, who denied the charges, has been free on $1,000 bond.

The Brownings allege that McConnell told them they could return the freezer within 30 days if they were not satisfied with it. They charge that McConnell, however, refused to pick up the freezer which cost $661.20 and contained $127 worth of food. MAN SOUGHT ON TWO CHARGES ARRESTED A Decatur man sought for nearly a year on two criminal charges was arrested here last night by Chief Deputy Sheriff C. W. Henry.

He is James Curtiss Bush, 26, who gave his address as 627 W. Prairie Ave. Bush was held in jail today. He had been sought since last Aug. 30 on a warrant charging attempted rape, and since last Oct.

11 on a warrant charging him with giving a bogus $27 check to the Logan Motor Sales. Authorities said Bush had been away from Decatur since the warrants were issued and only recently returned. Clinton, Aug. 9 (Staff) Eugene Dillow, who was injured when hit on his head by a baseball last Friday night, was discharged from John Warner pital Monday, and is now at home. The boy is showing steady recovery from the accident but is not allowed visitors.

FREE! 30 DAYS' SUPPLY OF Staley's BABY PIG FORMULA with every 400 lbs. of Staley's NEW, IMPROVED PIG STARTER PELLETS YOU BUY! Not just a Pre-Starter! Not only a Milk Replacer! But an entirely new concept in Pig Feeding! Times More Nutritious Than Sow's Milk! This amazing new feed is yours early as the 3rd day. FREE. Yes, we'll give you 50 Highly fortified with vitamins, lbs. of Baby Pig Formula with minerals, antibiotics and unievery 400 lbs.

of Staley's im- dentified growth factors. Builds proved Pig Starter Pellets you resistance to disease, prevents buy. There's no limit. You can nutritional runts, helps cut death get as much free feed as you want. loss, protects against anemia and Only 3 to 5 pounds Baby Pig scours.

Formula per pig give you amaz- Offer good 60 days only. So ingly healthier, heavier, come in today! Ask about Staley's uniform litters. Rich in sugar, exclusive Hog Feeding Contract rolled oats and milk, it tastes that permits you to pay for your so good baby pigs start eating as feeds after you market your hogs! Barnes Feed Co. Hall Feed Store Taylorville, Ill. Clinton, Ill.

Bement Grain Co. Heman Grain Co. Bement, Ill. Heman, Ill. Casner F.D.

Grain Feed Co. Landers Seed Co. R. Oakley, IlL. Sullivan, Ill.

Cerro Gordo Coop Grain. Co. McGrath R. R. No.

Grain 1 Maroa, Co. Ill. Cerro Gordo, Ill. Cox Feed Store Monticello Grain Co. Stonington, Ill.

Monticelle, Ill. Dewein Grain Co. Standard Hatcheries, Inc. Emery, Ill. Shelbyville, Ill.

Standard Hatcheries, Target Feed Supply 220 S. Maffit Decatur, Ill. A A. E. STALEY MFG.

CO. DECATUR, ILL. THAN that Get Sunny Brook smile! enjoy the whiskey that's Cheerful as it Name SUNNY which do you prefer? BRAND KENTUCKY STRAIGHT KENTUCKY BLENDED WHISKEY BOURBON WHISKEY WHISKEY $4.69 QT. $4.30 QT. THE OLD SUNNY BROOK COMPANY, DIVISION OF NATIONAL DISTILLERS PRODUCTS CORPORATION, KENTUCKY.

BOTH 86 PROOF. KENTUCKY -BLENDED WHISKEY CONTAINS GRAIN NEUTRAL SPIRITS Boy Injured OUR BIRTHDAY SALE IS BOOMING "78" USED CARS SOLD SINCE FRIDAY YOU OWE IT TO YOURSELF TO GET OUR DEAL BEFORE YOU BUY ANYWHERE! 54 TWO CHEV. DOOR $1199 A Dashing Tutone India Ivory over Surf Green. Has fresh air heater and defroster, turn signals and many extras. 53 TWO CHEV.

DOOR $1044 A Gleaming Bermuda Green. A low mileage one owner that reflects loving care. Don't miss this one. 1952 CHEV'S TAXI SEDANS Take Your Choice Refinished in new, exciting tutone color combinations. Good cars mechanically.

$488 Requires Nothing Down 51 TWO Henry DOOR $299 A Ruby Maroon "6" cylinder in tip top condition. A real thrifty nifty. 50 DELUXE CHEV. $299 FOUR DOOR That popular color Tutone Green. A lot of car at this low down price.

LARGEST SELECTION IN CENT. ILLINOIS See 'Em Try 'Em BUY 'EM! El Bauer CHEVROLET USED CAR STORE of $300 ply of water from wells to maintain the lake level. Workmen yesterday laid a inch pipe in the lake bed with spray on the end which will produce a fountain-like effect in supplying well water to the lake. This will about double the amount of oxygen in the water. Chandler said the District is considering installing spotlights in nearby trees to illuminate the impromptu fountain at night.

A flow of 30 gallons per minute would" shoot 25 to 30 feet high and fall in an area of about 30 feet, he said. Mayor Clarence A. Sablotny said the Council will not charge the Park District for the water, because the District has had so much trouble in locating well 500 E. Eldorado EVENINGS 'TIL 9 PHONES 2-6681 3-8102.