Market News Mixed Livestock Prices Across Regions
Chicago livestock bids show steady to lower figures with hogs and cattle trading below bulk levels. Iowa Des Moines receipts around 70,000 with prices steady to up, top hogs near 40.50, cattle varying by weight and grade, vealers and sows listed with specific price ranges.
Mixed Stock Trends Slow Across Markets
New York reports fractional gains and losses across key stocks with modest moves. Railroad and industrial issues show varied performance as investors react to market tone and a notable court ruling affecting Alleghany Corporation.
MENTIONED IN THIS ARTICLE
KEW York
Robert
Younus Alleghany Corporation
Supreme Court
New York
Central
Town to Raise Auto Insurance Rates Next Month
Des Moines AP. Town Insurance Commissioner Oliver Bennett announced a 15 percent rate hike likely to be enacted next month, tied to a rise in car-related losses in 1937. Details on the exact increase were not yet released, with officials promising a cautious approach.
MENTIONED IN THIS ARTICLE
DES Moines
Oliver PL Bennett
Lennell
Ccm
Bennet
Bennett
Kubicek Elected 1938 President of Bohemian Savings
Western Bohemian elected Fred EH Kubicek as 1938 president at its annual meeting. New officers include John V. Romput as vice president, Charles Zvacek as treasurer, John Vosatka secretary, and Charles Smreck assistant secretary. Board members for 3 year terms are Kubicek, Rudolph Langer and Vosatka. The appraisal chair is Vincenic Kubovec. Vosatka reported reserves surpassed one million dollars for the first time and a dividend of 3 to shareholders was paid.
MENTIONED IN THIS ARTICLE
Fred EH. Kubicek
Bohemian Savings and Lawn Association
John V. Romput
Charles Zvacek
Teeasurer
John Vosatka
Charles ‘Smreck
Kubievi
Rudolph Langer
Vosatka
Vincenic Kubovec
Tte
Kadar resigns as Hungary premier but stays party chief
Hungary's Janos Kadar quits as premier while remaining Communist party secretary. The change aims to keep the state role while tightening party control. Western observers see no major policy shift. Nagy era background noted.
MENTIONED IN THIS ARTICLE
Hungary
Kadar
Morton von Vuyke
Vienna
INS
Janos Kadar
Rer
Communist Party
Budapest
Javin
Muennich
Tosk
Hader
Tutnost
Blungary
Lather
Marion Kiwanis Dinner Speaker Aids Songfest Plans
Marion Kiwanis will host a dinner at Mue's Party House with speaker David Mulse of the Linn County Heart Association. Talk also on the Iowa State College chorus songfest set for Marion March 25, a joint Lions and Kiwanis event to fund future foreign exchange students. Also notes on a skidding accident near Marion and local university campus events.
MENTIONED IN THIS ARTICLE
Kiwanis Club
Marion Kiwanis Club
Mue
David Mulse
Marion Cheatman
Linn County Heart Association
John Messerii
Hugh Gordon
Iowa State College Chorus
Marion
Marion Lions
Kiwanis Critis
Lions Club
John Messerli
Marion T.ions Club
K.V. Cafe
Harrell Basshaw
Linn County
Debenture Issue Planned by Iowa Illinois Gas
Iowa Illinois Gas and Electric files for authorization to issue nine million dollars in convertible debentures with the Wisconsin Commerce Commission in Springfield. If approved, the debentures will be sold by competitive bidding and offered to the public in March 1958, payable March 2 1988 and convertible after July 1 1988 into common shares at a price and rate set by bidding. Proceeds will repay about 4.585 million in bank loans and finance 1958 construction for gas and electric service.
MENTIONED IN THIS ARTICLE
Iowa-Tlinsis Gas and Electric Company
Winois Commerce Commission
Springheld
East Iowa youths enlist in air force and marine corps
Three eastern Iowans join the marine corps and four enlist in the air force, reported by Cedar Rapids recruiters. Mary Jo Greenley, 18, a Vinton girl, heads to Parris Island for women marine basic training. Marines Lionel Duan, Henry L. Felerisen, and Charles Urban, all 18 or 19, go to San Diego. Air force enlistees Marvin Hanson, 17, Joan Dusanek, 19, and Richard Pace, 21, head to Lackland AFB, Texas.
MENTIONED IN THIS ARTICLE
Iowa
Marine Corps
Air Force
Cedar Rapids
Vinton
Women Marine Basic Training Center
Parris Island
N.C
Mary Jo Greenley
San Diego
Calif
Leon J. Duan
Ninth Ave
Henry Lee Felereisen
Fourteenth Ave
Charles A. Urban
Twentieth Ave
Lackland Air Force Base
Texas
Marvin R. Hanson
Wiley Bird
Joan J. Dusanek
Richard W. Pace
Wyoming
Mitchell Foster to Lease Lafayette Hotel in Washington
The Mitchell-Foster Hotel Company of Ottumwa has negotiated a long term lease of the Lafayette hotel in Washington DC, increasing its total hotels to 11. Edward T Goth will become managing director. the Lafayette is a 10 story, 250 room building built in 1920 overlooking Lafayette Park and the White House.
MENTIONED IN THIS ARTICLE
Ottumwa
Mitchell-Foster Hotel Company
Announ
Lafayette
Washington, D.C
Iowa
Michigan
G. MH. Parrish
Lafayette Park
White House
Mitchell-Foster
Russell-Lamson
Waterloo
Jefeferson
Iowa City
Keokuk
Past Tavern
Battle Creek
Mich
Columbia
Kalama
Abraham Lincoln
Springfield
St. Dunlap
Jackson
Lre
Ti. Park
Madison
Wis
Sheboygan
City Briefs Return of Mrs Stark After Illness and Death
Mrs Carl Stark of 1621 3 Ave NW has returned from Vinton after being summoned by the death of her brother in law Arlen Smith last week.
MENTIONED IN THIS ARTICLE
Carl Stark
Ave. NW
Vinton
Arlen Smith
Arthur Eisenhower 71 Dies After Heart Attack
Arthur Eisenhower eldest brother of President dies at 71 after a heart attack in his Kansas City home. He rose from a clerk at Commerce Trust to executive vice president, later serving on boards such as Trans World Airlines and the Coleman Company. The President postponed a White House dinner for Supreme Court justices. He is survived by wife, three brothers, a daughter, and a grandson.
MENTIONED IN THIS ARTICLE
Kansas City
Arthur Eisenhower
Supreme Court
Arthur
Commerce Trust Company
Plaga Bank of Commerce
Trans-World Airlines
Coleman Company of
Wichita
Berton Rouche
East Hampton
N. Y
Omaha Livestock Prices and Market Report
cattle receipts 17 600 calves 400 slow sales steady to 50 cents lower hogs and sows steady to 45 cents lower steer and young stock sales mixed load lots 1000 1275 lbs firm to 1.25 higher utility and commercial beef prices around 13 00 to 15 00 a hundredweight veal prices noted at 27 00 to 28 00 and related items across the market in Omaha with cattle and calves showing reduced demand and varied quotes across grades and weights.
MENTIONED IN THIS ARTICLE
Prancia J.ubont and Company
Navan Bank Wilding
H. Jump
Anager
Allroad
Auetelils
Admiral
Hory Aleghany Cary O
Chen
TAL & ET Allis Chalmers
Paper Allied Stores
Amin
Johns Manville
Jones Laushlin
Owens
Zink
Gutchess
Baldsit Tinian
Traviax Co
ELT
Balto & Ohio
Mere
Clap
Vendix
JEU Ne Inc
Bordon
Warner
Burt da Tarzinges ‘Corp
Ghee Corp
Midian Choice
Chen Gi Wes
Philips
Pi Enrealer Corp
Rand
Ad Ge
Larsé
Cone Ellis
Alfons Edison
Con Sisters
C. R
Horburk
Withnl
U.S
Uberat
Wesdenland
Fdahn Bakers
Montana
Wisconsin
Sema le Aon
New York
Atte Bc
Hut
Fia
Hatchars
Api-Auedai
Te Dynamics” Electric
Fengels
Moloya Citette
Glidden
Daneaan
Hershey
Coarth
Younsston
EMG
Fentth Radio
Apo Iba
Frie Tae Sa
Lenny Meanns
Omaha
Omaa Japi
Slatehter Pteerr
Interatt
Sulensold
Uiliity
Rommerrial Beef
Uees
Colters
Wheat and Soybeans Rise on New Crop Contracts
Chicago AP reports commission houses and others favored buyers of new crop wheat contracts Monday as prices closed higher. Wheat advanced about 4 to 2 cents, with March bids around $2.17, soybeans varied from 5 cents lower to 14.3 cents higher, and March soy futures near $11.55 per bushel.
MENTIONED IN THIS ARTICLE
Chicago
Lamson Brothers
A. G. Hoelzen
Cedar Rapids
Merchants National Bank
Rey
IBM
Marth
Ely
Tve
Byrd proposes smaller debt rise to 3 billion
Senator Byrd of Virginia urged Congress to approve a 3 billion dollar national debt increase instead of Eisenhower's 5 billion request. As chairman of the Senate Finance Committee, Byrd questioned Treasury Secretary Anderson and asked for a study of the smaller increase and a later report.
MENTIONED IN THIS ARTICLE
Washington
Byrd
D-Va
Congress
Eisenhower
Senate Finance
Treasury
Anderson
Ite
Motor Freight Rates Set to Rise 7 Percent
Cedar Rapids Chamber of Commerce Traffic Bureau reports a 7 percent increase in motor freight rates effective May 20. The bulletin covers shipments between Iowa and Colorado Kansas Michigan Hungary Missouri Nebraska North and South Dakota Wisconsin and Wyoming. It also notes changes to rail shipment allowances and packing material limits raised to 2,000 pounds from 500.
MENTIONED IN THIS ARTICLE
Tawn
Midwest
Cedar Rapidsi Chamber of Commerce
Momelas
Lswal
Colorado
Kansas
Michigan
Hungrata
Missouri
Nebraska
Snl
South Dakota
Wisconsin
Wyoming
Ethics Group To Study Engineer
AFL-CIO ethics committee said it will review corruption charges against the Operating Engineers Union. Machinists president and ethics chair noted charges will be considered against the Jewelry Workers on February 4. Meany had warned the Jewelry Workers in November to curb corruption and sexual exploitation concerns involving minor members.
MENTIONED IN THIS ARTICLE
Wastington
Afl-Cio Ethical Partiers Committee
Operating Engineers
Senate
al J. Hayes
Machinists
Ethical Practices
Charses Agai
Afl-Cio
George Meany
Lean Uy
The
Union
New York
Hiawatha Man Files Bankruptcy Petition
William G Jones a laborer from Cellar Rapids files voluntary bankruptcy in federal district court. Debts listed at 275 dollars with assets described as shaky but exempt as personal property. Case referred to John H Mitchell of Fort Dodge for northern district of Iowa proceedings.
MENTIONED IN THIS ARTICLE
Hiawatha
Cellar Rapids
William G Jones
John H. Mitchell
Fort Dodge
Iowa
Reagan says high taxes slow film industry
Ronald Reagan told the House committees that high taxes hurt movie production and talent. He warned top-bracket rates undermine actors writers and producers, urging reforms to revive a recovering Hollywood economy amid postwar prosperity concerns.
MENTIONED IN THIS ARTICLE
Reagan
Washington
Ronald Reagan
Conic
Hollywood
Nitia Cevistun
Tas
Allis-Chalmers 1957 Sales and Profits Fall
Milwaukee AP report shows Allis-Chalmers Manufacturing Co. experiencing a decline in sales and profits for 1957 from 1956. President Els Stevenson said sales would drop to about 547 million with profits also down and dividend expectations affected.
MENTIONED IN THIS ARTICLE
Milwaukee
Allis-Chalmers Manufacturing Company
Presiden
ELS
Stevenson
Lab
State funds earn 1.76 million in six months
Des Moines reports state treasurer M L Abrahamson says $1,759,881 in interest was earned on about $112 million in special trust funds for pensions during the last six months of 1957. The Iowa Public Employees Retirement System fund led with $1,042,807 from $71,859,400 invested.
MENTIONED IN THIS ARTICLE
Des Moines
Treasuer M. L. Abrahamson
Abrahamson
Iowa Public Employe Retirement System
Iowa Supreme Court
Penny Wedding in California Uses Pennies for Costs
Penny Wedding in SAW JOSE California unites 19 year old telephone operator and Alfred J Clements. They saved 2 750 pennies over a year to cover license minister organist janitor and church refreshments totaling 27 50.
MENTIONED IN THIS ARTICLE
Jose
Calif
UPJ
Dixin Lane
Alfred J. Clements
Faria
State Delays on Radar and Buys Artificial Heart
Des Moines report notes Towal Executive Council delays for study on radar units for Highway Patrol to catch speeders. Public Safety Commissioner Brown argues radar over speed-tape timing for weather-proof operation and higher utilization. Council approves artificial heart device purchase for University hospitals Iowa City and a mix of vehicle buys including 32 Chevrolets and a Volkswagen bus.
MENTIONED IN THIS ARTICLE
Brown
Highway Patrol
Towa Health Department
University Hospitals
Iowa City
Iowa Highway Patrol
Volksswagen
Glenwood State School
Glenwood
Iowal
United Auto Workers Unions
Ryan Chevrolet Company
Madrid
Import Motors
Ottumwa
Two Traffic Deaths In Iowa Sunday
Two people died in Iowa Sunday raising the state fatality toll to 46. Lorene Allen Underwood, 81, of Council Bluffs died when her car slid on an icy street and hit a utility pole, injuring several. Ronald Witt, six months old, son of Mr and Mrs Edward Witt of Charlotte, was killed in a two car crash at a hill crest near Charlotte.
MENTIONED IN THIS ARTICLE
Br Associated Press
Lowa
Lorene Allen Underwood
Council Bluffs
Underwood
Ronald Witt
Edward Witt
Charlotte
Two CAP Cadets Picked for Special Events Across U S
Cedar Rapids Civil Air Patrol cadets gain selection for notable assignments this year. John Daywitt, Roosevelt student, is among three Iowa cadets set to visit a foreign country next summer. Heber B. Hostetter Jr will attend an air force jet orientation course in Washington to study jet transport and flight operations. Further nominees include Neale Thompson of Clarion and John McMullen of Council Bluffs, with John Webber of Ottumwa chosen for a Washington dinner in March.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Waywnl
Washington
DLC
Iule
Neale Thompson
Clarion
John McMullen
Council Bluffs
John Webber
Ottumwa
George Pensford
Holthaus
Edgewood
Iowa
CAP
Mrs Harry Snakenberg Dies in Sigourney Service Friday
Mrs Harry Lb Snakenbergs Sigourney burial plans note she died Saturday night. Service set for 9 in the Presbyterian church. She was past matron of the Sigourney Eastern Star chapter and a member of the Woman's Club and American Legion. Survived by husband, two daughters in Lisourhey and California, and a sister in Otturawa.
MENTIONED IN THIS ARTICLE
Ihe Ginze
Sigourney
Harry Lb
Snakenbers
Presbyterian
Sigourney Astern Star Chapter
Woman's Club
American Legion Ars Wy
L. E. Rhea
Lisourhey
William R. Brown
Abandoning of Railroad Line to ISTC Advised
The Interstate Commerce Commission examiner recommended conditional authority for Waterloo Railroad Company to abandon its 412 mile line from Fosselman to the Town State Teachers College campus. The condition requires selling any portion to a responsible party intending to continue operation. Net salvage value is estimated around 26000 dollars for the entire line.
MENTIONED IN THIS ARTICLE
ISTC
Washington
APJ
Theerstate Commerce Commission
Waterloo Railroad Company
Fosselman
Town State Teachers College
Examiner
Paul Do. Albus
Cor
Trapped on Peak Saved After 8½ Hour Ordeal
Eight and a half hours after becoming stranded on Mount Si near Seattle climber Clark Phillips eight teen was rescued from a 2 500 foot rock ledge. He clung to a 23 inch sapling as rock gave way and slid into a precarious hold. Rescue crews including Daiber and Plouff plus 17 mountaineers battled the climb with a helicopter attempt that failed. Phillips suffered a knee injury but was saved from a fatal fall.
MENTIONED IN THIS ARTICLE
North Bend
Wash
Clark Phillips
Ralm
Mt Si
Seattle
Cascade Range
Phillips
Ome Tinther
Daiber
Clifford Plouff
Mountain Rescue Council
Plouft
Ploust
Greeley and Winthrop ICOF Lodges Install Officers
Greeley ICOF Lodge installed officers led by Noble Grand Greeley Merwin Tibbetts and Noble Grand Winthrop Richard Gilson. Donald Thomas served as vice grand, Clifford Seibert as corresponding secretary, Clarence Binning as treasurer, and Francis Goranson as chaplain. The event established new officers for both lodges.
MENTIONED IN THIS ARTICLE
Iwinthrop
Greeley
Merwin Tibbeth
Noble Granet
Donald Thomas
Ben Odell
Clifford Seibert
Clarence Binning
Franis Goranson
Winthrop
Richard Gilson
Noble Grand
Donald Andrews
Virgil Bateman
Carrall Brockmeier
Aarrison Alanty Warden
New
Thief Abandons One Car Steals Another in Manchester
A thief abandoned a car with Wisconsin plates near Edewood Sunday night and stole another vehicle, leaving the first behind as police investigate the incident in Manchester. The suspect fled the scene in the second car, a crime that alarms local residents and prompts security warnings. Local authorities urge witnesses to come forward with tips to identify the thief and recover the vehicles.
MENTIONED IN THIS ARTICLE
Manchester
Edeewood
Wisconsin
Ciro Sans Rank
Exclusive swimming pool franchise opportunity offered
An advertisement promotes a tiled concrete pool franchise with $1 295 installed, five year payment, and no inventory. It targets homeowners and motels, claiming potential earnings of $30 000 to $35 000 in year one. Contact Mr D E Bonne at the Blackhawk Hotel in Davenport on Tuesday January 26.
MENTIONED IN THIS ARTICLE
America
D. E. Bonne
Blackhawk
Davenport
Also Mentioned on This Page
Eltimates
Tuer
Jett Boys
Saben
Wal Slaughter
Burrows and Gills
Walgreen Sasa
Kroger
Butler Brow
Peoples
Great
Safeway
Colonial
Westere Auto
Syor Stara Roebuck
der, Keasge
Woolworth
Spitgel. Kress
Bota
Western Bohemian
Kubicek
Nagy
Imre Nagy
Moscow
U. M
U. N
Wavion
Susan Miller
Highway 94
Betty Timms
Miss Miller
H. A. Covington
Ralph Rauch
Drake University
Covington
Dean Brawner
Mgr. Brawner
Gleanis Covington
Hazel Snell
Twelfth St
Emerson School
Violet Manley
Marjorie Backhaus
L[ondell Carpenter
Rose Drums
Marilyn Olson
Joan Bowdish
Robert Law
Eimerson
Longfellow
Dean Wayson
Walker
Marshall Dingman
Marion Blvd
MT. Vernon
Herschell
Loveless
Dingmans
Vernon
Wiaysons
Teresa
Cornell College
Verna Dingman
Cornell
King Memorial Chapel
Hhonsr
Maliday House
Mt. Vernon Chamber of Commerce
Cam
Courge
Gordon Rahn
jChamber
Lee Evans
Mt. Vernon Bank
John Cotton Brown
Department of History and
Loyeless
Iowa-Illinois Gas
Guest
Hantist Church
Indian Creek
Martindale Bridge
Florida
Frank L. Miller
Fort Myers, Fla
Baptist Homebuilders
Don Baleman
Karen Baker
Gladys Wishniewsky
Wilma Wilkinson
Rainbow Girls
Mt Vernon
Cub Pack 158
Otr
Orny
Ben Franklin
Roberta Repstein
Ssre
Iowa Company
Eisenhowers
Edglar
Gazette
Paulor Tacoma
Milton
Johns Hopkins University
Asker
Earl
le Grange
Adv
Roy
Executives Association—Police
Rthur
Car
Badger
EGR
Rapids Executives Association
Roose
Br. Hoyt Thomas
Iowa Theater
Ed Fay
A. M. Hamiston
R. W. Sprays
Lester E. Tebbe
Izaak Walton League
William White
Fifth St
Willard Meyers
KB Ave
A Ave
Tenth St
Canopus Club
Sheraton-Montrose
Alterfor Machinery Company
Prank’s Barber Shop
3Rd St
Kiwants
A. F. Caracciolo
Cel Far Teapids
Town Commission For the Blind
Roosevelt Hotel
Key Club
Alex Barber
Aned Mary Burke
Barber
Miss Burke
Arvene Nelson
Vice Bureau
Ilegal
James of Marvin
Cedar Ftupids
American Library Association
Edgewater Beach
Lesser Ltd
Hiawathe Man
Petitio
Llis
Harry Snakenberg