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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 24, 1955

Page

18

Prosperity glow lifts United States business in 1955

J A Livingston surveys a broad optimism among top executives across GE, Union Carbide, Sun Oil, Chrysler, Goodrich and others. He notes rising first quarter sales, record auto output, higher housing activity, increased pay and over time work, plus stock market gains and new issues as proof of a concurrent boom in business and confidence.

J. A. Livingston Ashington U. S Ralph J. Cordiner General Electric Morse G. Dial Union Carbide and Carbon Robert G. Dunlop Sun Oil L. L. Colbert Chrysler John L. Collyer B. F. Goodrich Richard S. Reynolds, Jr Reynolds Metals Company Cordiner G.E John D. Biggers Libbey- Owens-Ford Glass Edward G. Budd, Jr Budd Company Dunlop Colbert Collyer Goodrich Mark J. P. Levis Owens-Illinois Glass Theodore G. Montague Borden George H. Love Pittsburgh Consolidation Coal

Stocks of Interest In Eastern Iowa

Eastern Iowa investors review quotes not to be read as firm bids with price ranges from recent trades.

Iowa

Market Review: Margin Hike Triggers Selloff on Wall Street

New York reports a Fed margin hike from 60 to 70 percent after late session selling drags down stock prices. Dow Jones gains seven cents for the week while rails rise 81 cents as utilities slip. Montgomery Ward proxies loom, with Wolfson predicting Sewell Avery may retain control and add board seats. Bethlehem Steel leads gains alongside U S Steel, while railroad stocks rise despite Friday dip.

Bethlehem Steel Bethlehem Federal Board New York Federal Reserve Board Jway Wall Street Reserve Federal Reserve Sen Fulbright Dow-Jones Ward Montgomery Ward Louis E. Wolfson Sewell Avery Wolfson U. S.steel

Monday's Estimates of Livestock Receipts Chicago AP

Unofficial Monday receipts tally 11 000 hogs 20 000 cattle and 3 000 sheep. Hog prices slipped 25 to 75 cents last week with sows down 50 cents to 1.00. Hog classes ranged from 14.00 to 17.35, with sows and pigs priced in lower bands. Cattle salable 100, steady. steers 26.00 to 32.00, yearlings 15.00 to 30.00, cows 11.50 to 16.00, calves 15.00 to 27.00. feeders 17.00 to 22.50. Sheep receipts 100, steady. lambs 21.75 to 22.50, yearlings 10.00 to 18.00, ewes 4.50 to 8.00.

Allis-Chalmers Oo Emeas Tobentra Cherry-Burrell Glimpton Industries Collins Radio Gamme Radio Sengeran Nat Bank & Trust Sopstand Refrigeration Corp Cornell Aeeereaare Products Urtis Pap Pruchaut Iowa Ee & Pr Iowa Ii Gas & Elec Ns Pent Publishing Co Nationa Als Enick & Ford Quaker Oats Co Ibug Tennessee Gas Industri Incorporated Investors Ass Ass Atlnvest 2d Fd Inc Television Ectronic Wellington Tester Ee Eeae Chicago INS Cedar Rapids

Des Moines Live Hog Prices Show Mixed Week to Week

Iowa hog market report notes Saturday receipts around 27 000, with Friday actuals 35 500, demand described as fairly active. Butchers steady to up to 15 cents higher, sows up to 15 cents, but heavy weights over 360 pounds show 25 cent dips. Top price 17.15 for barrows and gilts, with detailed bid ranges across weight classes from 160 to 400 pounds.

Des Moines INS

Bulk supply details show high weight pricing notes

The itemized text lists 450 Ibs at 13.15 and 13.95 with 450-550 Ibs at 12.15 and 13.70, repeating the same figures. It mentions a receipt total of 79 and 28 e ives 100 and notes bulk of supply held, implying stock in bulk.

Sionery Appeatice Waterloo Uae

Sears Profit Sharing Plan Highly Successful

CHICAGO AP The Sears Roebuck fund, nearly 40 years old, has paid retiring employees well. Workers with 10 to 15 years left between 1952 and 1954 retired with averages of 6 776 taken from 1 370 invested. Thirty to 35 years’ service yielded about 47 679 on retirement after investing 3 038. The plan, funded mainly by Sears stock, remains a key incentive and wide participation rule. General Wood praises it as enormously successful, aligning workers with company aims.

Chicago America Sears, Roebuck and Company Wood Sears

Dudderar Named VP and Sales Director at Fidelity Life

R A Dudderar of Cedar Rapids Iowa field supervisor for Fidelity Life Association since 1951 was named vice president and director of sales. Announcement by Fidelity President Walter C Below states he has assumed duties at the main office in Fulton Illinois. Dudderar has served with the company since 1936.

R. A. Dudderar Cedar Rapids Iowa Fidelity Life Association Dudderar Fidelity Walter C Fulton, Il

National Retail Dry Goods Assn Honors Scherling

Richard E. Scherling, executive vice president and general merchandise manager of the Killian Company, is named a director of NRDGA merchandising division. The division formulates trade policies and lobbies for the retail sector. Scherling oversees Killian’s merchandising and previously chaired Frederick Atkins steering committee.

Richard E. Scherling Killian Company National Retail Dry Goods Association New York Scherling Killian’s Frederick Atkins, Inc America

Calmar Ready Mix Cement Company organized in Calmar

Calmar hosts the formation of the Calmar Ready Mix Cement Company with Serenus Elsbernd l as manager and a three man staff. In nearby towns, ownership changes include Waukon Bowling Alleys sold to E L Moore of Des Moines and King’s TV and appliance store in Central City taken over by Harold and Harlan Smith. Dyersville breaks ground on a new east drive‑in on highway 20 by Lawrence Pettinger. West Union leases the Ross Whitcher building for Youth Recreation Center and Bowling Alley Association, purchasing Rollaway Lanes from Doran Meyer. Keota links Clarence Smith with Productive Acres to refrigeration work with Phil Jenne of Washington. McGregor sees Mrs Roger Halverson open a home beauty salon. Calmar sees Gordon Knudson and wife purchase the root beer drive‑in from George Brueckner. McGregor sites Indian Isle, a new Mississippi river tourist resort, incorporated for 250000 by Harry L Clark of Rockford Illinois.

Calmar Calmar Ready Mix Serenus Elsberndl Fort Atkinson Waukon E. L. Moore Des Moines Ray Kreeb Central City Harold and Harlan Smith King’s TV Dyersville Lawrence ‘Pettinger Highway 20 West Union Ross Whitcher Doran Meyer Keota Clarence Smith Phil Jxneen Washington McGregor Roger Halverson Gordon Knudson Holmen Wis George Brueckner Indian Isle Mississippi River Harry L. Clark Rockford, Ill

Bank Clearings in Cedar Rapids Rise Over Year

Cedar Rapids bank clearings for the week ended April 23 totaled 6 000 842 dollars, per the Clearing House. The prior year week totaled 4 703 115 dollars, and the week ended April 16 was 6 653 656 dollars.

Cedar Rapids

Truck movement drives nearly half of U S fruit and veg to market

A recent analysis shows about 47 percent of U S fruits and vegetables reach markets by truck. It outlines transportation patterns, logistics, and implications for supply chains and regional producers. The data highlight road networks, freight costs, and policy considerations affecting distribution.

U. S

Wall Street Hears Whispers From Major Firms

Wall Street murmurs potential takeovers and mergers across several sectors. United Aircraft may acquire a smaller aviation firm while Curtis Publishing faces control-buy rumors. American Brake Shoe and Inland Steel announce dividend and payout prospects. long term plans include Electric Auto Lite into Chrysler and Brunswick-Balke-Collender with Murray Corporation consolidation.

New York INS United Aircraft Curtis Publishing American Electric Auto Lite Chrysler Corporation Clark Equipment Brunswick - Balke - Collender J Murray Corporation Eastman Kodak Lockheed Bell Aircraft du Pont General Electric National Lead Phillips Petroleum Grace Owens-Illinois Glass Union Pacific U.S Mead Corporation Inland Steel Lee Frontier Industries Philco Lehigh Valley Bulls St. Louis-San Francisco Mexico Arizona Land Harris Upham Emerson Radio Arthur Wiesenberger and Company Argus Corporation Allied Stores Treasury Continental Motors

Iowa Restaurant Association State Meeting at Roosevelt Hotel

The Iowa Restaurant Association will stage a statewide meeting Friday at the Roosevelt hotel with about 200 delegates expected. Highlight of the gathering will be a dinner dance Friday night.

Iowa Restaurant Association Roosevelt Hotel

Eye knowledge rise cited by Better Vision Institute

The Better Vision Institute claims about 83 percent of a normal man’s knowledge comes through the eyes. The statement emphasizes the importance of sight in information intake and learning.

The Better Vision Institute

Also Mentioned on This Page

Cerro de Pasco Charles Pfizer Republic Steel Certain-feed Products New York Central Amalgamated Leather Dan River Mills American Machine and Foundry Alco Products, Inc American Locomotive Philadelphia Sen. Fulbright Market. Review Joseph W. Michalski Gundling A Necessitrabd Company Iowa Theatre DIAL National Association of Securities Dealers, Inc John Donnelly & Company Merchants National Bank National Association of Securities Dealers Ino Kosek Service Ernest Kosek and Company Weel, Ce National Association of Security Dealers Iowa Investment Bankers Association National Association of Security Traders Chicago Livestock C.R. Markets William Ferris Robert E. Wood Senate New York Stock Exchange Mammoth Chic Jcago West Side Julius Rosenwald Joseph Bowen Albert Loeb Richard Loeb Loeb-Leopold General Wood C.R. Man Fidelity Insurance National Retail Dry Goods Assn. Honors Eastern Iowa Business News Illinois Gas & Electric Illinois Standard & Poor's Corporation John 8 Varra Midwest Stock Exchange Randic Ft Crandic Shipper Iowa City Guaranty Bank Row Uaranty F.d.1.c
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