Market Sharp Decline Amid Broad Dow Jones Reversal
The New York stock market fell sharply in heavy trading led by widespread losses in high flyers. Dow components held near unchanged or modest gains as volume surged, with several major names like Texas Instruments and Admiral dropping several points while General Motors rose on strong earnings.
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New York
Texas Instruments
Admiral
North
General Motors
U.S. Steel
Standard Oil
New Jersey
American Stock Exchange
U.S. Treasury
Cedar Rapids Hog Market Prices Dip Tuesday
C R Markets report hog prices fell 25 cents from Monday with bulk 200 to 230 lb butchers at 27.50 to 28.00 and 300 lb packers at 23.75 to 24.25. Sows under 300 lbs bid 23.75 to 24.25 with plant delivered grades.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Chicago Livestock Chicago
USDA
Des Moines
UPI
U.S
Hogs Prices Steady to 25 Cents Lower in Chicago Trade
In Chicago on Wednesday the hog market showed mostly steady to 25 cents per hundredweight lower, with some sales down 50 cents. About 5,000 head were traded in moderately active trading, up 500 from the prior week. The slaughter steer market remained steady.
MENTIONED IN THIS ARTICLE
Chicago
GM Reports Record Profits for 1965 Despite Taxes and Growth
General Motors Corp. posted a record net profit of 195 million? Noting the report, GM said 1965 earnings reached 7.41 per share with 20.7 billion in sales. The company also saw record dividends, payroll, and car truck sales worldwide totaling 7.278 million units.
MENTIONED IN THIS ARTICLE
New York
General Motors Corp
U.S
Chicago and Des Moines Livestock Prices Summary
Chicago market reports hogs and cattle with mostly steady to lower prices. Des Moines bids show demand fair to lower with ranges for hogs and sows and cattle across weight classes and price declines noted. Mixed lots and prime grades feature in the reported receipts and bids.
Sioux City Livestock Market Report From Sioux City and Omaha
UPI cattle and calf quotations from Sioux City and Omaha show steady to strong demand. Slaughter steers and heifers mix of steady and higher quotes with high choice and prime cows noted. steer prices around 25 to 26 daily, with calves and lighter weights trading near steady ranges.
MENTIONED IN THIS ARTICLE
Sioux City Livestock
Sioux City
UPI
Omaha Livestock
Omaha
Chicago cash provisions and grain quotes
Grain prices listed for Chicago cash market include Wheat No 2 hard 1.663 1.671 per bushel Soybeans No 1 yellow 2.65 per bushel No 2 yellow corn 1.492 1.230 per bushel Oats No 2 heavy white 0.741 0.777 per bushel with additional line items for various yellow corn and oat grades.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Produce Prices Mixed Across Goods
Wholesale meat and poultry prices show declines for some roasters while fats and specialty items rise. Butter remains steady to firm with varied grade quotes and eggs display uneven wholesale levels. Potatoes show moderate supply and dull demand with Idaho russets around 4.40 and Red River Valley reds about 3.25. New York figures indicate mixed demand and spotty butter offerings with creamery prices around 93 store ran.
MENTIONED IN THIS ARTICLE
CSMA
Idaho
New York
USDA
Grain futures firmer overall except feed grains
In Chicago the grain futures market showed a firmer tone across most commodities on Tuesday with speculative support broadening. Wheat rose up to 1% cents a bushel, corn slipped 3% lower, oats fell percentage points, rye gained about 1 to 1.5 cents, and soybeans rose 1 1/4 to 1 1/2 cents.
MENTIONED IN THIS ARTICLE
Chicago
Story Hour and Local Events Highlight Weekend
Preschool story hour in the city library auditorium at 10 39 Wednesday with Mrs Sam Nassif as storyteller. Local ads note crafts and services including Evans quit smoking treatments and Hiawatha Optimists film night at Jesse James restaurant.
MENTIONED IN THIS ARTICLE
Sam Nassif
Hiawatha
Gordon [Emmons
Jesse James
Murphy Proposal Seeks Hatch Act Expansion
Senator George Murphy of California proposes extending the Hatch Act to cover political activity by government officials in the war on poverty.
Linn-Mar Teachers Need Pay Hikes Proposed
Linn-Mar board members Ted Grenis and Dr. Gene Mamer proposed roughly 7 percent raises for bachelor degree teachers and 19 percent for master’s degree staff. The plan, developed with a teachers committee, would raise starting salaries to 51558 for a bachelor’s and 5775 for a master’s and add a new bachelor’s plus eight hours of graduate work category. No action was taken, with next Monday set for further discussion and budget considerations noted by Marner.
MENTIONED IN THIS ARTICLE
Linn-Mar Board of Education
Ted Grenis
Gene Mamer
Grenis
Marner
Linn-Mar
Feiler Calamaggus
Harold Stickney
Teachers’ Committee
Stickney
Marion council mulls merit reward and paving plan
A proposal seeks extra pay for top and bottom teachers via a committee evaluating the top and bottom 10 percent rated by principals. Marion sets a three phase paving and asphalting program for 1966 with Phase one streets listed. Phase two pending. Phase three to be determined.
MENTIONED IN THIS ARTICLE
Marner
Marion
South Eleventh Street
Grand Avenue
East Post Road
Blairs Ferry Road
Marion Boulevard
Twenty-second
Fifteenth
Dial Reports Record Earnings for 1968 at Sorg firm
The Sorg firm operating 286 offices in 31 states reported record earnings for 1968. Total for the year reached 5,014,287 dollars or 2.18 dollars per share, up from 3,801,041 dollars and 1.65 per share the prior year. It marks the fifth straight year of record earnings. The Cedar Rapids based firm is associated with Des Moines vitamins and retail clerical ads.
MENTIONED IN THIS ARTICLE
McKesson
Dial Finance Co
Des Moines
Sorg
Adv
Iin
Cedar Rapids
Alcoa Reports Record Net Sales for 1965
Pittsburgh AP Alcoa reported record net sales of 1 165 596 256 in 1965 up from 1 036 922 052 in 1964. Net income reached 75 386 728 or 3 41 a share, versus 60 704 108 or 2 72 a share in 1964.
MENTIONED IN THIS ARTICLE
Pittsburgh
Ap)—Aluminium Co
America
Alcoa
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