Trade winds and tariff gambits in Kennedy era outlook
A commentator analyzes President Kennedy's push to lower tariffs amid a worsening balance of payments and a shrinking gold stock. The piece argues tariff cuts could boost imports, threaten the surplus, affect capital flows, and shift competitive dynamics with Western Europe and the Common Market. It notes the risk of European tariff unions narrowing U.S. export access and the potential benefits of a coordinated tariff approach.
MENTIONED IN THIS ARTICLE
Kennedy
Congress
United States
U.S
Europe
U. S
Western
West Germany
France
Belgium
Resignation of Max Burrell at Collins Radio
Max Burrell, vice president and director of Collins Radio Co., resigns as announced by President Arthur Collins. Burrell joined in 1944 and held key roles, aiding growth. He previously led the Texas division, helped form Alpha Corp, then served as its president and later general manager.
MENTIONED IN THIS ARTICLE
Max Burrell
Collins Radio Co
Arthur Collins
Legret
Collins
Burrell
Cedar Rapids
Texas
Dallas
Alpha Corp
Alpha
Dec. I
W. W. Roadhouse
L. E. Bessemer
Robert C. Mullaley
Tiny Want Ads Make Big Sales Impact
Small classified notices in a local paper spark notable buy and sell activity. Readers report quick transactions and widespread reach from compact ads across categories.
Bank Clearings Rise in Cedar Rapids January Totals
Cedar Rapids bank clearings for January topped the 1961 January total with $40,868,180. The 1961 January figure rose from $40,255,632. December 1961 clearings were $37,263,629, as reported by the clearing house.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Clearing House
Kern family to move and run John Deere store
Wellman and Mrs Donald Kern with their family will relocate to Indianola where Donald Kern will operate the John Deere Implement store continuing the family business.
MENTIONED IN THIS ARTICLE
Wellman
Donald Kern
Indianola
John Deere
Business Biots appoints Dr Russell Anthony adviser in Iowa real estate
Dr Russell Anthony Cedar Rapids veterinarian becomes associate adviser to Gains Guaranty Corp Des Moines for sale of capital stock He maintains Marion home and leads Mid west Industrial Photographers Film Lab Des Moines will handle sales and technical work Marvin Patton named manager of customer programs at Quaker Oats Cedar Rapids resident Glen Ellyn Ill John Kofron promoted to VP at Chilton Co Married to Esther Rahe Cedar Rapids the couple lives in Stratford WaynPa
MENTIONED IN THIS ARTICLE
Russell Anthony
Cedar Rapids
Gains Guaranty Corp
New Iowa Real Estate Investment Company
Des Moines
Anthony
Anthony Animal Hospital
Eastern Iowa Veterinarian Medical Assn
Gains
Film Lab, Inc
Marion
Midwest Industrial Photographers
Marvin T. Patton
Quaker Oats Co
Iin
Glen Ellyn, Ill
John Kofron
Coe College
Chilton Co
Esther Rahe
Strafford-Wayne, Pa
Morrill Named Executive Vice President at Grace Cryovac
Manning C. Morrill formerly of Cedar Rapids has been named executive vice-president of Grace Cryovac division. He led the Cedar Rapids Cryovac plant from 1951 to 1954 and later became general manager for the Western division. In 1957 he rose to vice president for operations and now lives in Winchester Massachusetts with his wife and four children.
MENTIONED IN THIS ARTICLE
Manning C. Morrill
Cedar Rapids
W.R. Grace and Co
Morrill
Winchester
Mass
Amana Refrigeration Names New Field Sales Manager
Louis R. King, previously sales promotion manager, is named to the new field sales manager post at Amana Refrigeration Inc. Alex A. Meyer, formerly manager of market statistics, becomes manager of sales promotion and research overseeing an expanded market research program.
MENTIONED IN THIS ARTICLE
Louis R. King
Ager
Amana Refrigeration, Inc
Alex A. Meyer
Lindale Plaza Merchants appoints advertising head
E A Oliver S S Kresge store manager and center spokesman announces Francis C Gillon as advertising consultant to manage advertising and promotions for the Lindale Plaza center. William H King, formerly with Collins Radio Co, has joined Hytone.
MENTIONED IN THIS ARTICLE
E. A. Oliver
S. S. Kresge
Lindale Plaza Merchants Assn
Francis C. Gillon
William H. King
Collins Radio Co
Hytone
Record 528 Billion Cigars Consumed in 1961
The U S Department of Agriculture estimated U S cigarette output and consumption in 1961 at a record 528 billion cigarettes, up 4 percent from 1960. Americans paid more than 6 9 billion dollars for cigarettes, with 3 1 billion dollars in excise taxes.
MENTIONED IN THIS ARTICLE
New York
UPI
U.S. Department of Agriculture
U.S
Moser’s Daughter Works as Stenographer in Tama County Office
Strawberry Point resident Sharon Moser, daughter of Fern Moser, is employed as a stenographer in the Tama county social welfare office located in Toledo.
MENTIONED IN THIS ARTICLE
Strawberry Point
Sharon Moser
Fern Moser
Tama County Social Welfare
Toledo
Wall Street Sees Stabilizing Market After Decline
Jacques Coe & Co forecast a relatively stable rally in strong sectors like heavy industry steels and oils, with a peak of the broad bull market expected this summer. Reynolds & Co expect railroads to post a good year and a 5-10 percent revenue rise, possibly lifting earnings by 30 percent as industrial activity improves.
MENTIONED IN THIS ARTICLE
New York
UPI
Jacques Coe & Co
Eastern Iowa Business Notes Highlights Local News
Brandon Lee Bosley buys the Short building for a grocery store and cafe in Brandon. West Union plans a Mickeys Super Valu under Forrest J Robinson with air conditioning and automatic doors. Decorah hires 19 at Deco Products, total 61. North English L Gill Bates joins All American Life and Casualty Club. White State Bank raises capital by 25000. Oelwein closing-out sale at Courtnage Appliance. Strawberry Point new Berry Bowl manager Frank Knudson. North English hog buying station leased to Archie Long. Homer Bunnel directs Osakis and Pella stations. Troy Mills Paul and Mrs Peyton become proprietors of Troy Mills restaurant. Dysart Carl G Wuest sells to William G Hansen. Anamosa Reynolds Martens buys Easterly hotel from Bartels. Central City City State Bank stockholders elect Mills president, Erbes EVP and cashier, Thorpe, Brown, Jehl directors. Brandon Calvin Miller buys locker plant from Marks. Earlville Darl Hunt elected president of Earlville Cold Storage Locker Corp. Clifton sec, Laxson treas. Dysart Don Lyons buys D-X service station. bulk plant and tank wagon remain. Newhall Waldo Haerther named director of Rochester data processing school. former automation director at Detroit institute. Strawberry Point Gene Burton earns Curtiss Breeding silver cup for 10 years. Anamosa William V De Keyser named advertising manager for Anamosa newspapers.
MENTIONED IN THIS ARTICLE
Brandon—Lee Bosley
West Union
Forrest J. Robinson
Mickey's Super Valu
Decorah
Deco Products Co
L. Gill Bates
All American Life and Casualty Co
Chicago
White State Bank
Oelwein
Courtnage
Strawberry Point
Frank Knudson
Charles Bunion
Archie Long
Oskaloosa
Pella
Homer Bunnel
Troy Mills
Paul Peyton
Walter Kislings
Dysart
Carl G. Wuest
William G. Hansen
Waterloo
Anamosa
Reynold Martens
Cedar Rapids
August Bartels
Central City
The
City State Bank
M. M. Mills
John L. Erbes
T. E. Thorpe
W. V. Brown
E. J. Jehl
Brandon
Calvin Miller
Monticello
Marks Brothers
Earlville
Darl Hunt
Earlville Cold Storage Locker Corp
J. E. Clifton
Carl Laxson
Don Lyons
Clifford Heckroth
Heckroth
Newhall
Waldo Haerther
Henry Haerther
Rochester Business Institute
Rochester
N. Y
Detroit Business Institute
Gene Burton
Curtiss Breeding Service
William V. de Keyser
Also Mentioned on This Page
Business Outlook
J. A. Livingston
Hawley-Smoot
Germany
Italy
Holland
Luxembourg
Great Britain
United
America
Dept. of Commerce
Atted
Shis
lAm Ut
Axe Houghton
Ous
Axe
Houghton
Anada Sound
Shis Trust
Cnares Vest Fund
Dreyfus
Faton & How
Eaton & How
Electronics Invest
Energy Im
Fidelity Ap
Indamental Invest
Cairth
Ij Reup Pully
Adm
Petrol
Indus Shri
Poperiel Cap
Imperial
Petit Peenth Puna i Ti Income Invest Trust
Boston Vee Prd
Invest
Pentuel Ener
Gr Ieee
Johnston Utual
Eystone
Keystone Eystone
Mid Am Mutua
Mutual Trust
Natl Investors
Philadelphia
Puritan
Putnam
Putnam Geo
Grth
Sharehidks Trust
State Street
R & E Cys
Canada
Wellington
Whitehall Fund
Collins Radio
Gov't. Securities
RK (Ap
Leopold
U.S. Pat
Thrift
Uear Morris Plan
First Ave
LUSCH
COSCO
Office Outfitters
Peh Eerie Wlee
Business Biots
Gains Corp
Amana Company
Meyer
Lindale Advertising
Wall Street
Goodbody &Co
Goodbody
Joseph E. Granville
E. F. Hutton& Co
Eastern
Iowa
FSLIC
Avings
Soda-Matic
Sweden
St. SE
Loomis Bros., Inc
Quality Food Service Department
3Rd St. Seem
Servicee
the Day Company
Hayden-Stone
Hayden-Stone & Co., Inc
Milton L. Lewers
Res
Roosevelt Hotel
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