Financial and Market News Update From New York Trading
The market showed thin gains on the New York Stock Exchange with gains led by United Aircraft Xerox and Merck while Polaroid lost ground. Major movers included IBM Magnavox Eastman Kodak and Homestake rising a point or more. Volume hovered near eight million as profit taking persisted amid overall higher prices.
MENTIONED IN THIS ARTICLE
API
United Aircraft
Xerox
Autemarket
Merck
Johnmy
Vance
IBM
Magnavox
Collins Radin
Standard Oi
Indiana
Johns Manville
Eastman Kodak
Homestake
Polaroid
Cedar Rapids hog market quotes steady to lower Tuesday
C R Markets reported hog prices in Cedar Rapids were steady to lower on Tuesday. Monday’s 200-220 lb butchers fetched 19.50 to 19.75 dollars, with 300 lb packing sows bid at 15.75 to 16.00.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa
U.S
Atty General Takes Over Price Fixing Case
Iowa Atty General Richard Turner announced the state will prosecute 22 firms accused of fixing the price of liquid asphalt. He fired special counsel Lex Hawkins and Verne Sawyer, prompting questions from Gov. Harold Hughes about staff readiness and familiarity with antitrust law. The federal case in Des Moines remains continued as Turner reviews files to decide the next steps.
MENTIONED IN THIS ARTICLE
DES Moines
UPI
Richard Turner
Iowa Executive Council
Iowa
Turner
Atto
Lawrence Scalise
Hawkins
Verne Sawyer
Harold Hughes
Sawyer
Hughes
Hog Market Slows with Mixed Beef and Lamb Changes
Chicago and Des Moines trading notes show hogs 25 to 50 cents lower on Tuesday, with steers steady to higher and sheep up modestly. Wholesale beef prices firm, with steer and heifer cuts near week-early highs, while lighter hogs and sows show scattered declines across regions.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Awonday
West Branch Building Destroyed by Fire in Hoover Library Park Area
An early Tuesday fire leveled the former PD and Edwards well drilling building in West Branch. Now federal property, the vacant structure lies within a Hoover Library park plan. Salvage work with welding torches is believed to have started the blaze, which spread quickly through the loft. West Liberty and West Branch firefighters contained the flames to prevent spread to adjacent buildings.
MENTIONED IN THIS ARTICLE
West Branch
PD. &. Edwards
Hoover Library
West Liberty
Grain futures fall as soybeans drag prices lower
In slow trading at Chicago, soybeans, wheat and corn declined. Soybean prices drop due to weak soy oil, with soybeans off 244 cents and nearby grains down from session highs. Wheat no 2 hard and red, corn no 2 yellow, oats and rye also slide while livestock in Sioux City shows steer and heifer gains to 25 higher in a separate report.
MENTIONED IN THIS ARTICLE
Chicago
Wholesale Produce Prices Hold Steady Across Chicago and New York
AP dispatch reports wholesale buying prices for poultry butter eggs and potatoes in Chicago and New York. Roasters and white rock prices largely unchanged while eggs show a steady tone with higher grade whites at selective levels. Potatoes see moderate supply with stronger russet demand and round reds steady. Prices listed for Jolano russets and Red River Valley reds amid varied regional quotes.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U.S
Carlet
Red River Valley
Burns Prove Fatal For Marjorie Heishman
Marjorie Heishman 66 of Medford Oregon died Monday after burns received when her clothing ignited while stopping at a North Platte motel en route from Tama. She had been visiting Tama for the holidays. Survived by two sons Allan Fullerton California and William Toledo a sister Kenneth Croskey Tama two brothers C W Stimpson Tama Kenneth Stimpson Medford and five grandchildren. Body at Mason funeral home Tama.
MENTIONED IN THIS ARTICLE
Tama
Marjorie Heishman
Medford
Ore
Heishman
North Platte
Neb
Allan
Fullerton
Calif
William
Toledo
Kenneth Croskey
C. W. Stimpson
Kenneth Stimpson
Mason Funeral Home
Kennedys Accused in Drive to Destory Johnson Controversy
Governor John McKeithen of Louisiana said the Kennedy family instigated the dispute over The Death of a President to destroy President Johnson. The remarks were made in San Juan Puerto Rico on Tuesday according to UP.
MENTIONED IN THIS ARTICLE
San Juan
John McKeithen
Louisiana
William Manchesters
Kenneay
Johnson
Amana Man Carl Setzer Dies in Suspected Self Harm
South Amana Iowa death of Carl T. Setzer 41 ruled death by own action after a gunshot wound at his parents home around 1 15 pm He was a 1953 University of Iowa engineering graduate and worked for Douglas Aircraft in California 1953 to 1959 He is survived by his parents a brother and three sisters Services set for Wednesday at 9 am at the Community church with the body to arrive at 8 am from the Marenge Hoover Valentines home
MENTIONED IN THIS ARTICLE
South Amana
Carl T. Setzer
University of Iowa
Amana
Douglas Aircraft
California
Fred Setzer
William
Donald Roggentine
Donald Shoup
Raymond Mantz
Marenge
Hoover-Valentiné
Hawk Bilt of Vinton Buys Kansas Company
Hawk Bilt Corp of Vinton has purchased Edson Manufacturing Co of Baxter Springs Kansas. The Edson firm will operate as a subsidiary of the Iowa fertilizer spreader maker. Keith Elwick, president of Hawk Bilt, announced the deal on Tuesday.
MENTIONED IN THIS ARTICLE
Vinton (Ap
Hawk Bilt Corp
Vinton
Edson Manufacturing Co
Baxter Springs
Kan
Keith Elwick
Elwick
Edson Company
Iowa
Cherry-Burrell Sales Rise but Profits Fall on Development Costs
Cherry-Burrell Corp of Cedar Rapids reports sales for the year ended Oct 31 1966 rose to 25089454 from 22743860 while net income before special credits dropped to 475816 or 94 cents per share from 658909 or 1.38. Special credits added 153445 or 37 cents per share versus 450000 or 1.13. Engineering and development expenses weighed on profits though new products are expected to strengthen the firm.
MENTIONED IN THIS ARTICLE
Henderson
Uc Ing
Fizer Va
Beatrice
Phila
Dow —Jones
Canton
Pitts Steel
Folarcia
New York
Lair Preces
Fewa Lil
Gatava Exchange
Mid-America
Roy Ccoia
Allied
Gala
Itis Chalt
Glaer
Alvea
RoyDal
E RyderSys
Vsta
Alcoa
Gt Nor Ry
Tass
Fe Sanders
Schering
Aloe
SCM Co
Glen
Sean AL
Ay Sears
Ally Alos
Seeburs
S. Sharon
Alen
T&t
AMP Inc
Howmet Co
Ampex Corp Ihe Aes Gana i
BuntFey Sub Pedmaz
Scunga
Kure Ce
SouthPac
Lg South Rw
ArmecSt
Oartan
Aarmeur
Jena
Es Idaho
Sperry Rand
Sg ArmsCk
Imp
Sitti
Aitchison
Azia
StanWar
Avnet
Ag Visips
Stanffch
Sun Oil
Sunray
Beckman
Swift de Beechar
Bell
Donnster
Jenrond
Trampe el
Rai
JorLogar
Teledyne Inc
Aenguel
Boacing
Kerndad
Gale Sis
Tata Tales
Sergwar
Aqor Ate Ag
Kerr
Bate
Kimbt Clark
Brunswick Tos
Kresag
ZiAn Ayllard
Kroger
Aioe Te Bulova
Burt
Burroughs
Lehman
Lofgis
Saur
Apia
Lonesga
UnitCorp
Akack
ChrisCraft Ib
Martin Mar
Chrysler
Maytas
Vaenad
Ata
Varian Asso
Warnal Lamb
To's la
Westa Girl
Cal Gas
Aia
MGM Pi
Weyerkr
Agate
Camsat 124
Ag Foy Ab
WilsonCa
Adda AG
WinnDix
Tost paabilGi
Woolworth
Mohascc i
Arcom Saan
Xerox Corps
Mg Atorrelt
Certral
Aga Ie
Sagicigia
Associated Press
Cooper Ind
aé _ Shy
Nat Airlin
Crowfel
Snecia
Crown
Cork
Cudahy Co
Liquidatins Curtiss Wwe
Nat Steel
Nat Tee
Nevada
MarcoCo
Fia
Merting
Northrap
Disney
Seagei
Nin Ben
Eva
Cate DememMin
Norton
a.Salen
Doug Aire
Morwich
Oceileri
Ara Alteater Ins Oriana
cuPont S
Ata BenamCa
Owens li
Johnsen
EriecLack
EtnyiCerp
PensDirie
Everskers
Lamson Brothers
Feogorr Cearr
Cherry-Burrell’ Corp
Cedar Rapids
Cherry-Burrell
Judge Upholds in Contempt Case with Reduced Sentence
Iowa Supreme Court upheld Sioux City Judge George Paradise in contempt citations against three youths Anthony Newby Jimmie Jacobs and Donald Osborn for disobeying a disturbance stop near his home on May 5 The court reduced six month jail terms and 500 fines to 60 day terms and noted Paradise acted in discharge of a judicial duty while attacked by the youths.
MENTIONED IN THIS ARTICLE
Paradise
Anthony Newby
Jimmie Lee Jacobs
Donald Osborn
Sioux City
Para‘dise
Garfield
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MacAndrews & Forbes
Copeland
Aimercan
Ray
THE
Invaders
Omaha Livestock
Omaha
Penney Story
Chicago Mercantile Exchange
Homénal
C.R. Markets
Lex Hawkins
Siouxx City Livestock
Burns
Kennedys
la, Il
Gas & Electric
Securities Corp
Merchants Bank
the Gazette
Hawk Bilt
Kansas Company
Gazette
Earlville
Robert
Kramer
Bohemian Savings & Loan
Third Street
Bohemian
Francis
duPont & Co
Second Ave
5.E
Arpre St
Ory
Francis J. Dupont & CO
New York Stock Exchange
Wall Street
S.E