Market Review Stocks end week on light year end trading
Market review notes New York stocks mixed as year end trading remains light. S P 500 up 0.32 to 62.96 while Dow industrials rise 5.02 to 651.43 rail averages gain 1.04 to 140.00 and utilities up 1.12 to 129.08. Brunswick leads active list, up 0.75 to 18.50 on 272,700 shares. Sperry Rand up 0.50 to 13.75 on 262,200 shares.
MENTIONED IN THIS ARTICLE
New York
UPI
Standard & Poor
Brunswick
Sperry Rand
Alum Ltd
Swadee
M&f
T&t
Atchison
Avco
Ans Eastman
Elresta
Mar- Ford
Che. Yid
Elec Senewewes
Fds
Va Sane
Mtr
Kretter
Lowa P&l
Kennecott
Kresge
Kreger
Lib McNores
iMinn
Monty Ward
Bologna Neus
Aeney
Afeway ‘Henley
Sears Roe
Ind
Swift
Tex
US Steel
War-Lam
Westohs
Woolworth
Hogs and cattle prices slide across Midwest markets
Chicago bids show barrows and gilts 1.00 lower, with weekly highs around 18.25 for 190-220 lb. hogs. Slaughter steers and heifers show mixed to steady moves, bulls steady, cows firm. Iowa Des Moines notes slow demand, receipts near 30,000 and varied butcher and sow ranges across weights.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Pa teRl oo CyB Siee Butchers price list
Market show prices for beef cuts and hogs with weight ranges and per pound figures. Listings include 180 to 190 pounds at 13.24 to 13. for 190 to 200 pounds 11 to 15.00, up to 360 to 400 pounds 12.50 to 13.
Cedar Rapids Hog Market Prices Steady on Saturday
Cedar Rapids hog market activity showed steady prices. Butchers 200 to 220 pounds sold for 15.00 to 16.00 with most 1s and 2s at 15.50 to 16.00 depending on grade and delivery at the plant. Packing sows under 300 pounds ranged 13.00 to 14.00 with butchers 25 cents lower.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Government securities and grain price notices
Government securities No 1 wool 45 cents No 2 wool 35 cents. Grain No 2 corn one dollar seven cents per bushel. Peas 36 pounds at 72 cents. Soybeans price two dollars thirty seven cents.
Weight-based Packers Pricing Tiers
The rate starts at 25c less per 10 pound weight increment from 220 to 300 pounds. For each extra weight group from 300 to 360 pounds the discount increases by 25c. For weight above 360 pounds the discount rises by 50c for each additional group.
Durham to retire as Iowa National chairman
Harry D. Durham, longtime chair of the executive committee of Iowa National Mutual Insurance Co with a Cedar Rapids home office, will retire Monday. He will remain on the board of directors, a position he has held since 1942, after serving as president from 1952 to 1958.
MENTIONED IN THIS ARTICLE
Harry D. Durham
Iowa National Mutual Insurance Co
Cedar Rapids
Durham
Iowa State Insurance Department
Iowa National
Actuarial and Statistical Department
American Mutual Insurance Alliance
National Assn
Automotive Mutual Insurance Companies
Mutual Insurance Committee
U. S. Chamber of Commerce
The
Insurance Institute of America
iCedar Rapids Chamber of Commerce
Chamber
Bank clearings rise in Cedar Rapids week ended Dec 28
Bank clearings in Cedar Rapids for the week ended December 28 totaled 8 600 060 dollars, a gain over the 8 343 938 dollars for the same week last year. The week ended December 21 posted 9 851 832 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Ohio oil and gas wells show high productivity in year
In Ohio 1113 wells were drilled for oil and gas last year with 73 percent reported as productive. The data highlights strong exploration activity and a solid productivity rate across the state.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Ohio
Million Dollar Week Startupowners Build Mattel Empire
Elliot and Ruth Handler began in a garage with basic tools and growing into Mattel Inc a Hawthorne California toy company selling over 1 million dollars weekly. They expanded to 825000 square feet in California plus Dee and Dee Toys Ltd in Canada and employ over 4000 at peak season. Their children Barbara and Kenneth feature in the family profile as the barbie doll name origin and UCLA student.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
Elliot
Ruth Handler
Ruth
Hollywood
Matter Today
California
Dee and Dee Toys, Ltd
Canada
Hawthorne
Holmby Hills
West Los Angles
Barbara
Kenneth
UCLA
Average life insurance ownership hits $10 800 per family start of year
New York report shows U S family ownership of life insurance more than doubled from 1951 to 1961 with an average of 10 800 per family at the start of the year Delaware leads with 17 300 Hawaii and the District of Columbia high at 15 700 and 14 800 Connecticut 14 300 New Jersey 13 700 New York 12 800 Illinois 12 600 Pennsylvania 12 100 Ohio 11 900 Utah 11 800 California only three western states above average including Hawaii Utah and Colorado while the average insured family holds 13 600 of life protection nationwide.
MENTIONED IN THIS ARTICLE
New York
U. S
The
Institute of Life Insurance
Delaware
East
Midwest
Hawaii
District of Columbia
Connecticut
New Jersey
Illinois
Pennsylvania
Ohio
Utah
Institute
Mississippi
Colorado
Plans of Iowa-Illinois Gas and Electric Co. Cedar Rapids
The Iowa Illinois Gas and Electric Co. outlines a 1963 construction program with an estimated $610,700 in Cedar Rapids and Marion. District manager James Colbert notes the plan covers many projects, including main replacements, extensions, new service runs, meters, and equipment to meet growth.
MENTIONED IN THIS ARTICLE
Iowa-Illinois Gas and Electric Co
Cedar Rapids
Marion
James Colbert
Colbert
Mount Vernon Road
Fortysixth Stret
Bertram Road
Fifth Avenue
Twentysixth Street
Park
Thirty-fifth Street
Cedar Rapids amateur stock clubs weather 1962 gains and losses
Five Cedar Rapids brokerage offices report on local investment clubs after a volatile year. Some clubs liquidated or consolidated, others expanded or formed new groups, with overall enthusiasm fluctuating but showing signs of recovery and more independent club actions.
MENTIONED IN THIS ARTICLE
Ques Russ
Cedar Rapids
Pall Mall Still Tops Cigarette Brands in 1962
New York Reynolds Tobacco Co. again leads brand sales with three of the top four brands accounting for about 172 million cigarettes. Pall Mall remains first but its share narrows as Winston surges to a strong third, potentially overtaking Camel in a few years. Domestic 1962 brand sales total several billions of cigarettes across multiple labels.
MENTIONED IN THIS ARTICLE
New York
R. J. Reynolds Tobacco Co
Business Week
Reynolds
American Tobacco Co
Pall Mall
Winston
Camel
Pall Mall Nies
Boron Csv Anssaeenneas
Also Mentioned on This Page
Market Review
Chicago Livestock
Iowa Hogs Des Moines
Waterloo Hogs
C. R. Markets
RAPID
Cuben Crisis
Fes
Associated Press
U.S. Steel
Securities and Exchange Commission
Iowa
Lowa Eric LP
Lowa
Tll &E Li
Mariette Obserenseoee
McKesson & Inspeeseete
Pck, Corp. of
Ameri
Wilson & E
Craig Fisher i Ha Systems
Iowa Public Service’ Rescue
Iowa Southern
Pie Erenere
Owa Sie
Steve Meredith Cemrenine
Nissen National Ag
Pettibone Mulliken
Aley
Thermogas Seeeeneenes B's
Weyerhaeuser Co Vrerenne
Younker Bros
N. Y. Stocks
Gov't. Securities
Bank Clearngs
Mattel
Mattel, Inc
Hawthorne, Calif
Io Grow
Wyatt E. Maupin
Mgr
Life Accident & Health
Business Men’s Assurance CO
3Rd Ave. S.E
FSLIC
Avings
of Investment Clubs
Russ Wiley
Firm D
England
Italy
India
Mexico
Norway
Portugal
Switzerland
John Donnelly & Company
First Avenue Blog
Member
National Association of Securities Dealers, Inc
Groat Electric Co., Inc
Center Point Road
Freight
Crandic
Crandic Service
OTT Tam CF
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