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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 27, 1958

Page

12

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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