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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 20, 1964
Page
5
Wall Street markets posted a modest uptick as the Dow Jones industrial average gained 4.39 points to 868, easing a three week slide. Rail and S P 500 rose while volume dipped. 1,529 issues traded with 780 advancers and 572 decliners. Agricultural prices shown for packing, wool, and eggs reflect lower packer margins and commodity quotes.
Chicago hog and cattle prices show steady to modest gains and declines across categories. High grade slaughter steers sold near 25.25, with midweek top around 25.00 to 25.50. Heifers and cows posted mixed steps, while hogs gained up to 1.25 per cwt. U.S. 1-3 sows and various weights followed varied ranges. Des Moines data echo steady to higher tendencies in demand and prices. Community business notes include Trane promotions in Cedar Rapids and leadership changes, plus regional sales contests and awards.
Cedar Rapids hog market held steady Saturday with bids for bulk 200 to 230 pound butchers around 15.25 dollars per hundredweight, following Friday's prices.
Harold M Becker, president of Home Investment Co Inc, discusses his switch from a supermarket business to real estate in 1954. He outlines Bel Air Estates developments, Montrose hotel purchase, and downtown traffic needs, plus trends in core-area revitalization and residential building in Cedar Rapids. He serves with the Cedar Rapids Symphony Assn and boards including Temple Judah Camp Fire Girls and the new Arts Council.
The AP reports year to date, weekly high and low, closing price, and net change for the twenty one most active stocks for the week ended Friday.
The page explains stock table symbols Z through fi and their meanings for dividends and distributions. It covers annual disbursements, special dividends, stock dividends, ex dividents and ex distributions, warrants and rights, and notes for years 1963 to 1964 plus bankruptcy status where applicable.
McGregor Don Ward representing 644 years of service sells his route to Duane Scheffert of Monona. Sigourney Willis Jancks of Iowa City buys Reynolds funeral home founded in 1917 by A S Reynolds. Irvin Reynolds ran it for 30 years. Tama Gaylord Maiden of Tama joins Fisher Governor Co sales in Marshalltown after ten years in that role.
A manufacturer’s representative is reassigned to a new agency office in Needham Heights Massachusetts. He will be associated with the C. B. Petty Company which markets Fisher products and will handle Fisher items for the firm.
Bank clearings in Cedar Rapids for the week ended December 18 totaled 10 846 881 dollars, higher than the year earlier figure of 10 352 396 dollars. Week ended December 11 clearings were 10 670 049 dollars.
Tonight at 10 30 the second semi final in the CHAMPIONSHIP BIL LARDS series on KCRG TV 9 features top players and a tightly contested race toward the final.
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