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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 22, 1966

Page

21

Market Swoon Hits Glamour Stocks in Sharp Friday Selloff

The New York market fell late Friday with about 3.2 million shares traded, far below Thursday's 9.58 million. Credit restrictions for certain investors dampened sentiment as airlines, aerospace, electronics, and other volatile issues slid one to five points. Downgrades and mixed gains among majors contrasted with modest rises for Monre la, Pennzoil, and Eaton Vale & Towne.

New York Zenith Corning Glass United Air Lines Fairchild Camera Douglas United Aircraft Braniff Airways KLM American Eastern Air Lines

Building Costs Rise San Vel Eat Tie Inca

CHICAGO AP Hog prices were weak by ten cents to end under 24 for first time since October. Slaughter steers held mostly steady to 50 cents lower. Cattle and calf totals were reported with varied price ranges for slaughter steers and heifers. DES MOINES UPI Demand fair to good. butchers unevenly steady to 25 cents lower. lows soft to 25 cents, some 50 cents lower. Estimated receipts Friday 50,000. U.S. 1-3 butchers 200-220 lbs.

Chicago Des Moines UPI Pacg el Pac Ag T. C. Henderson & Co Fund Pecrey VA Zaha Baha Beatrice Panh Fay Parke Consolidated Foods PennDixie Fisher Vv Greater Lowa Guardsman Bennzeil AB Dow-Jones Interstate P Iowa Electric Wa Fram Tenderson & Co Lowaelll Gas Pepsico Éhle Om. Jose Lite Invest Wss Phila el Phil Rdig Lone Star PhilMor Ma Utilities Mid-America Phill Pet Miehle & D New York Vogf New Ozark Polaroid Vaay York Stock Exchange Jpm Gerber Pd Repubsteel Admiral Getty Oil Revlon Air Red Gillette Rexall U. S Alley Corp Eslen Goedren Éaly Ally Alleg Pw Goodyr Rheem Allied C Ashe Ty Grace Ca Y Pe Abr Corp Allied Ty Grannes Gt Nor Ry Ryder Sy Alcoa Gulf Schenley Chicago (Ap Chicago Mercantile Exchange Mara Ale — i Seab AL Liu A Am Hosp Sears Sears Roe Servel Seeburg Holf Electron Am Motors Él Va Valla Sheewen Sinclair SingerCo T&t AMP Inc Hupp Cp Ampex_ Cp ua South Co Bal Somngas Anacondale Aaa Idaho Pw South Oc Anken Chem Va Ideal Cem Wie Wu. Ry Armcost Sperry Rand Sioux City Livestock Armour IngerRand Sioux City Inland Aehland Aj insurNoAm Njode Stadt Ohio Omaha Aveo Corp War Intl al Ar SterlOrug Good Heif Apsv Stevens JP Meers Ckibrk Studebaker Na Falcons Canner Cutter Few Beaunit CTA Js Sunray Beckman JonnMen AVE Beecher Johnsal Bell How Asis Jonb Lagan Ave Ata Raya Bendix Jones Tampa el C.R Benguet Fenneco Texaco Cedar Rapid Bigelows Kennecott Kayser Ra Texgsul Texas Nst Wi Boise Case Ala Kimb Clark D.dée U Borden Aia Koppers Brunswick Kresge Tim RB Ana Bucy Er Ai Kroger Bullard Bulova Burroughs Iag Lehman Ilofgis Lonesca Ugasce Lorillard Dai Lukens AD AB Tbs Cenco Ing Macyrh Certteed Whelan Chrysler CocaCala ashWat Cols Pal Merck Wesin Airl St CotlinRad Macrthep WaBanc Asa Ala Bologna Bulls Weverhr Af 'Monsan Wilson Co Val winneDi Monidu Koalworth MontWard Cnngas MerrellCo Motorola Xerox_Co Zenith Rad Old Sheen Associated Press OL Crawn Cork Crawn_ Zell Nat Steel Cudahy Co Ble Curtis Pub Nevada éBc Curter Newberry Jd Ning Nordk Divi Deere NA Avia Delta Air TGR Nsia Pw Northran t—Pai Det Steel NwstAirl Disney Norton Norwch Dove Aire Dis- Draper OhioEdis Bress_ Ind Duke Power Otis Ug Lt EastAirLie Lamson Brothers ElGond Eipasong EmerRad Bis ErieLack RR EairCam Esireh Freeport FryehCp Gam Ska Ia Wa

Pacifist Quintet Arrive in Tokyo

Five U S pacifists expelled from South Vietnam arrived in Tokyo en route home. Their leader Rev A J Muste plans the largest peace demonstration in American history. A sixth member Karl Meyer was not on the plane and may have remained in Hong Kong.

Tokyo U. S South Vietnam A. J. Muste America Karl Meyer Heap Hong Kong

Honor Society Inducts 52 at Jefferson High School

Jefferson High School inducts 52 students into the National Honor Society for scholarship leadership service and character. Juniors receiving pins include Cynthia Clark Gary Cooper Lee Dytrt Brian Gableman Linda Gerhold Robert Jordan Larry Lawrence Burrell Lowery Penelope Maher Leigh Malmer George Norris Donna Oster Steve Peterson George Pfeffer Nancy Powell John Proescheldt Gary Rieck Karen Spicer John Steff Judith Thorpe Marcy Urban Bruce Vavrichek Donna Weidman Randall Whitmore Ronald Wilson and Gregory Wilt. Seniors inducted include Mary Barber Sandra Graham Sue Hardin Marina Harkler Cathy Harper Roger Howell Denzel Hultgren Jim Huston Barbara Jepson Joe Kluweis Cheryl Koehler Nancy Kurth Nancy Martens Larry Miller Pam Pealer Donna Pederson Bill Pfeffer Charles Potter Judy Robertson Carol Roustie Anna Rutledge Stephen Seifert Mary Shackford Nancy Vance Terry Weimers Penny Zrudsky.

Jefferson High Nclude Cynthia Clark Gary Cooper Lee Dytrt Brian Gableman Linda Gerhold Robert Jordan Larry Lawrence Burrell Lowery Penelope Maher Leigh Malmer George Norris Donna Oster Steve Peterson George Pfeffer Nancy Powell John Proescheldt Gary Rieck Karen Spicer John Steff Judith Thorpe Marcy Urban Bruce Vavrichek Donna Weidman Randall Whitmore Ronald Wilson Gregory Wilt Mary Barber Sandra Graham Sue Hardin Marina Harkler Cathy Harper Roger Howell Denzel Hultgren Jim Huston Barbara Jepson Joe Klueas Cheryl Koehler Nancy Kurth Nancy Martens Larry Miller Pam Pealer Donna, Pederson Bill Pfeffer Charles Potter Judy Robertson Carol Roustie Anna Rutledge Steph Len Seifert Mary Shackford Nancy Vance Terry Weimers Penny Zrudsky

Ex-C R Man Hart in Kansas City Mishap

James W. Sullivan 48 of Kansas City a Cedar Rapids native suffered compound fractures of left arm and leg when hit by a bus in Kansas City Thursday afternoon. He was taken to St Marys Hospital in good condition Friday. Sullivan is general secretary treasurer of the Rock Island Brotherhood of Railway Clerks. He moved from Cedar Rapids a year ago.

James W. Sullivan Kansas City Cedar Rapids St. Mary’s Hospital Sullivan Rock Island, Brotherhood of Railway Clerks

Grain market mixed and slow with small gains and losses

Chicago prices moved little on Friday as Wheat rose slightly while corn dropped and oats and rye fell. Cash grain quotes showed No 2 hard wheat around 16a'en and No 2 yellow corn near 1.3 Veg with No 1 yellow soybeans just under 3.00.

Chicago Apia Tre Chicago Cash Grain

Chicago Produce Prices Rise on Butter and Potatoes

Wholesale butter prices edge higher as demand remains steady across Chicago markets. Potatoes show good demand with firm market. Red River Valley and Minnesota-North Dakota varieties listed with steady to slow movement and light new supplies. New York offerings mix, with medium and standards torn between ample supply and steady demand.

Chicago U.S Red River Valley Minnesota NEW York Produce New York USDA

U.S. War Toll In Vietnam Tops 3 000

The count of American battle deaths in Vietnam rose past 3,000, with 3,047 killed since Jan 1, 1961. If losses keep up, the tally could reach 6,000 or more by year end. The weekly toll has hovered near 100, and 1966 deaths through April 16 total 1,427.

Washington Vietnam

Detour Set for Work Merchants Bank On 30-150 Interchange

Engineers of the state highway commission announced construction will resume Monday for the completion of the project on highway 150 from Mt. Vernon road to highway 30. A temporary detour with stop signs will be necessary to complete work at the 30 and 160 interchange. The detour is expected to last about two weeks. Richard J. Ryan was elected vice president of Merchants National Bank. Stanley D. Miller John M. Hays and James H. Shaff were named assistant trust officers. Richard F. Salat and William R. O'Toole were elected assistant cashiers. All directors were reelected at the shareholders meeting.

Merchants Bank Gazette State High- ‘Way Commission Mt. Vernon Road Highway 30 Commission Richard J. Ryan Miam Drive Merchants National Bank MNB John T. Hamilton Ryan Stanley D. Miller John M. Hays James H. Shaff Richard F. Salat William R. O’toole

Three Year Old Girl Hit by Car Injured in NE Des Moines

Roxanne Miller aged 3 daughter of Mr and Mrs Don Miller suffered facial laceration and head injury after running into a car on the 1300 block of C avenue NE Friday at 10 27 am. She was admitted to St Luke's hospital in fair condition. Police say driver Clarence Brockman 45 of Marion was not charged.

Roxanne Miller Don Miller Blairs Ferry Road C Avenue St. Luke’ S Hospital Clarence Brockman Jone Marion

City National Bank Sees 11 Percent Rise in Loans and Deposits

City National Bank annual meeting heard vice president J E Breckner report 1965 loans and deposits up 11 percent from 1964. Deposits for 1966 show a further 6 percent increase over year end 1965. Shareholders re elected all directors and, at a later directors meeting, all officers were reappointed.

City National Bank Annessay Jes E. Breckner

Building Burns in Downtown Fort Dodge

Fire destroyed a two story brick building housing a tavern and two apartments in downtown Fort Dodge. Owner Pete Galask estimated damage up to 40000 dollars. The blaze likely started by a left plugged grill at the Oasis tavern. Two women in the upper apartments escaped safely. adjoining building suffered smoke damage.

Fort Dodge Pete Galask Oasis Tavern Perarhasta

Uninformed Stock Speculation Curbed by Exchange Rules

New York Stock Exchange directors voted new limits to curb uninformed speculation. The rules raise the minimum equity in a margin account from 1000 to 2000, tighten day trading margins to 70 percent, prohibit free riding in cash accounts, and take effect Monday. Keith Funston praised the effort to slow speculative buying while urging caution. Obituary notices Riccadonna, Dany, 87, wine industry pioneer, founder of Riccadonna wine company, died Thursday in Italy.

NEW York New York Stock Exchange Exchange Keith Funston Funston Canelli Italy Obitavio Riccadonna Riccadonna Wine Com Dany

University of Iowa Band Revised to Encore Throngs in Kharkov

The University of Iowa band drew large crowds in Kharkov with nine encores at the first show and seven more at a summer theater in a Kharkov park. The ensemble has performed two concerts in Leningrad Kiel and Kharkov then boards a train for Moscow before continuing to Tashkent and Samarkand on a three month European tour.

Kharkov Ussr UPI University of Iowa Ukraine Leningrad Kiel Moscow Tashkent Samarkand Kharkov Park

Bar Disturbance Leads to Fine for Oshkosh Man

Michael Moore, 28, of Oshkosh Wisconsin, arrested early Friday for disturbing the peace and drunkenness. He pled guilty in municipal court and was fined 25 dollars for disturbing the peace and 10 dollars for drunkenness after a disturbance at the Town House bar on First Avenue SE shortly after midnight.

Michael Moore Oshkosh Wis Moore First Avenue

Okays Grant to Northeast Iowa Group for Community Aid

Congressman Culver announced the Office of Economic Opportunity approved a grant of 26887 to the Northeast Iowa Community Action Corp in Decorah. The funds will be used to study problems in Allamakee Winneshiek and Howard counties and develop new programs to address them.

OEO NE Iowa Group Decorah John Culver Office of Economic Opportunity Northeast Iowa Community Action Corp Culver Allamakee Winneshiek Howard Counties

Gromyko and Fanfani Reach Scientific Collaboration Accord

Soviet Foreign Minister Gromyko and Italian Foreign Minister Fanfani agreed on expanded technical and scientific cooperation. The accord aims to deepen bilateral cooperation between the Soviet Union and Italy based on mutual interests.

Gromyko Italy Rome Fanfani

Unclear Historic Commodity List Includes Corn Syrup Starch Oils

A fragmentary catalog references corn syrup tank cars priced at 5.72 and Pearl Starch with standard moisture in paper bags at 6.35. It also notes powdered starch standard moisture, paper bags, and other starch products with varying packaging and identifiers.

Stangard

High Court Refuses Quickie Wedding In Dart of Wilson Plea

DES MOINES AP The Iawa supreme court denied to intervene in a Des Moines municipal court case against State Rep. William P. Wilson over a fatal traffic accident. Wilson sought to plead to a lesser charge of failure to leave his name and address. the city argued for failure to aid and information. The high court rejected the petition after a short conference. Also Waterloo case: Dysart native Edwin C Hollis seeks annulment or divorce from his Waterloo husband on grounds of cruelty. marriage license obtained at Preston Minnesota amid alleged quickie marriage practices.

High Court Wilson Dysart Des Moines Iawa Supreme Court William P. Wilson Cedar Falls Waterloo Preston Mine Abs Edwin C. Hollis Byron Minn Iowa Minnesota Lawrence Scalise

Also Mentioned on This Page

Monrela Pennzoil Eaton Vale & Towne American Motors Eastman Kodak Westinghouse Electric Anaconda Goodyear Montgomery Ward American Stock Exchange U.S. Treasury San Vel Eat Tie Inca Rene Upeere Seer O Tost Vietna MOWTH Meeris Katz Jefferson HS C.R. Man Hart Ft. Dodge U. of Iowa Midwest Dean Swanson Channel 9 Penick & Ford Vyrl Justice Electric Co 6Th St. SE Robert Whitaker Hollis Louise A. Schrieder 7Th Street S.E
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