Market ends lower after early rally on 1962 earnings doubt
The New York stock market erased an early advance and closed down as profit taking emerged. IBM and other growth shares weakened after the company forecast 1962 earnings growth lagging Q4 results and Johnson's budget message to Congress, with several tech and industrial stocks sliding.
MENTIONED IN THIS ARTICLE
New York
IBM
Johnson
Congress
Control Data
Xerox
Teldyne
Polaroid
Litton, Industries
Sunbeam
Interna
Market Recap and Stock Listings From New York Ledger
A dense recap of over the counter and listed stocks shows Dow Jones Industrial Average at 843.67 with mixed fluctuations and numerous names noted in the wide listing. The report includes prices for major companies such as Polaroid, Gillette, Goodrich, Reading, Westinghouse, and Texaco, alongside broader market indicators and a lengthy table of stock figures and dividends.
Hogs Strong To 50 Higher In Chicago Trade
USDA estimated receipts Tuesday 1000 cattle 5000 hogs 300 sheep. Butcher hogs sold strong to 50 cents higher Monday. Slaughter steers about steady while sheep were fully steady.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Chicago Live Stock Prices Mixed As Hogs Lead Gains
Market reports show hogs at about 5 000 head with overall gains up to 50 cents. Butchers steady to higher. cattle receipts strong with steers and heifers at steady to firm values. sheep receipts 400 head with slaughter lambs and ewes holding firm to higher ranges.
Trade steady as hog prices edge up in Des Moines market
In Des Moines market news, trade moves slowly while demand remains generally good. Butchers show strength with prices up to 25 cents higher than Friday. receipts estimated at 81 000 Monday and 92 000 for the week, with 34 000 on Saturday. US 1 3 hogs priced 18.25 to 19.50 for 220 to 240 pounds, plus various weights and sow ranges listed.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
U. S
Omaha Livestock Prices and Market Summary
At Omaha market totals show cattle at 10 new slaughter 9 000 feeders 1 000 calves 500. Prices move up with many classes 25 higher. High choice and prime 1 125 lb steers average 26 507 and high choice 26 35. Choice 25 25 26 25 good and choice 24 75 25 50. Heifers 25 65 25 90 choice 24 50 25 50 good and choice 24 25 aa. Cows 16 00 70 few 17 25 canner and cutter 14 50 16 00 few 16 25.
MENTIONED IN THIS ARTICLE
Pitts Steel
Erneal
Glen Aldwi
Glen Ald #0 602 ita lds
O/RCA
AFB Goodrich
Ralstonp
Vecot West Fint
Rexall
Lake + Ve ‘Gt West
Azia Diva
New York
H .Rydersys
New York Lock Exchange
Hautiburt
Harris Intie
Wecuat
Kish Law
van Sanders
Scott Paper
Sears Ree Ia
Tell OU Dere
AMD
Greyhound
Gulf Oil
Gulfstaat
RayGcoland
Hguwin
Iniand
Insnam
Melsopar
Ugascp
Aimeyan
IBM
Mary
Cperry
Asia
Nick Zata
T&t Wi
Am. Motors Bry
Java
NaiGas
Stauth
John Man
John John
Sun
Jon Logan
Ostens
Welteledyn
KayserRo
Tenneco
Texas
Sa Aghia Oil
Tex Pro
Kroger
Texican
Atlas
Lear
Transwal
Atlas Corp
Avnet Inc
Behman
Avan
Ind. J
Save Ae US Lines
US Steel
Alla
Univopd Tag
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Ya Parlan Asso
Associated
Babock
Balt GE
Fds
Bulova
Suri Ind
Burroughs
Cal Finani Calumnh
Campa Soup
Caroplt
Caro T&t
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Carterw
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Chrysler
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Clark Eq
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Curtiss Wr
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Disney
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DawChm
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el BondShr
ElectSp
Eng Johnson FritLack
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Lee Alta
Ia Loriard
Macke Coan
Ton —l
Macy
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Martin Mar
Maytaa
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isn/Mead Cp
Ae Abe
Mohosco
Vai Monsan T
MontOut
MontWard
Motorola
Atte AD
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Nat Steel
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SiMe Sme
Nor Pac
Ava
Norton
Einaramen Sis
Sa BI
Peeigente
OhioEdis
Sai Omark Lie
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Uy Parke Davis
Ual Eesico
PeriFilm Dif
BFE
We Pfizer
PhilMorr
E Jah Pet
Lineve
Iswla
Bam
AGG
Chicago
USDA
Omaha Livestock Omaha Upi
Leshorn and
Sioux City cattle market tight as slaughter values rise
Sioux City market reports show cattle and calves trading slowly with prices up about 25 cents. Slaughter steers bring 25.75 to 26.50, prime to high choice cows 25.50 to 26.50, slaughter heifers around 24.50, with 7,000 cattle and 1,500 calves noted in the area.
MENTIONED IN THIS ARTICLE
Sioux City
Cedar Rapids hog and cattle market steady prices reported
Prices Monday held steady with hogs 200 to 220 pounds at 18.50 to 18.85 delivered. Sows 300 pounds down ranged 15.75 to 16.00. Weight and grade–based discounts apply to heavier hogs and cattle. cattle listings show prime and choice tiers with various prices and deductions. poultry and grain quotes included for the period.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Budget Director Zwick Sworn In
Charles Zwick was sworn in as President Johnson's new budget director less than an hour before the 1969 budget message. He previously served as assistant to Charles Schultze, director of the budget bureau.
MENTIONED IN THIS ARTICLE
Charles Zwick
Johnson
Congress
Zwick
Charles Schultze
Budget Bureau
Wheat Declines as Chicago Markets Open Move Lower
Wheat futures fell in moderate dealings led by commercial sellers at the open. By close, wheat was 1% to 1 5 cents lower. corn fell 4 to 2 higher, oats 4 lower, rye 4 to 1 lower, and soybeans 2 to 1 higher.
MENTIONED IN THIS ARTICLE
Chicago
Grain prices and sample classifications listed
The notice catalogs classifications and prices for corn oats and soybeans with grades No 2 yellow No 7 extra white No 1 yellow and related sample values including a soybeans price of 8.39 per unit. It reflects commodity grading and pricing data for Chicago markets.
MENTIONED IN THIS ARTICLE
Chicago
Chicago and New York Produce Prices Report
AP dispatch summarizes wholesale prices for live poultry butter eggs and potatoes in Chicago and New York. Listings include grade A whites eggs standards and various butter scores with demand described as slow and offerings ample. Potatoes show arrivals and regional price ranges for Idaho and Red River Valley products.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Ted
Wire Rock Flyers
U.S
Idaho
New York
Three Charged After Collision Of Two Cars
Three people faced charges after a rear end collision on highway 336 west of Rowley Saturday evening. William Hopkins 21 of Rowley and Steven Sauer 25 of Brandon drove cars involved. Delmar Sauer 25 of Cedar Rapids, a passenger, was charged with intoxication. Christine Lynch 17 of Independence received minor injuries and was treated then released.
MENTIONED IN THIS ARTICLE
The
Gazette Independence
Rowley
William, Hopkins
Steven Sauer
Brandon
Sauer
Hopkins Auto
Hopkins
Delmar Sauer
Cedar Rapids
Christine Lynch
Independence
Peoples Memorial Hospital
Soviets Quietly Seek Diplomatic Solution Over Pueblo
Paris AP report says Russia privately accepts the U S explanation that the Pueblo was in international waters when seized by North Korea. Western sources note Kosygin had claimed Pueblo violated North Korean waters, highlighting Soviet embarrassment and quiet Moscow diplomacy to resolve the crisis.
MENTIONED IN THIS ARTICLE
Paris
Kosygin
Pyongyang
Moscow
U.S
Soviet Union
Grants Leeway on Sunday Mass Rule
The Roman Catholic leader in New Hampshire says permission will let some Catholics fulfill Sunday Mass on Saturdays. Bishop Ernest Primeau will grant this only where priest scarcity, travel distances, or seasonal visitor influx make Saturday Mass necessary and only in limited amounts.
MENTIONED IN THIS ARTICLE
Manchester
N. H
Ernest Primeau
New Hampshire
Primeau
Twelve Injured In Derailment Near Hopkinsville Kentucky
Twelve cars of a Louisville and Nashville passenger train derailed two miles south of Hopkinsville. Of about 150 aboard, at least 25 were injured, with officials assessing the incident and listing injuries.
MENTIONED IN THIS ARTICLE
Hopkinsville
Louisville & Nashville Railroad
Suit Seeks 256912.40 in Fatal Highway 6 Crash
Johnson county district court hears a petition filed by Harry Henneman administrator for JoAnne and Marilyn Henneman seeking 256,912.40 damages from the State of Iowa over a fatal August 13 1963 one car crash west of Tiffin on highway 6. The suit cites gravel surfaced road and a raised concrete section as causes of the crash.
MENTIONED IN THIS ARTICLE
Iowa City
Johnson County
State of
Iowa
Harry Henneman
JoAnne
Marilyn Joy Henneman
Highway 6
Tiffin
Marilyn
Demurrer Plea By Dr Baker In Church Trial
Joseph Baker argued to a Presbyterian judicial commission that disturbing church peace is not a crime under Presbyterian law. The Bakers face charges over a dispute on a new church’s construction as summations were to follow after Baker rested his defense.
MENTIONED IN THIS ARTICLE
Iowa City
Joseph Baker
Presbyterian Judicial Commission
Presbyterian System of Justice
First Presbyterian Church
Southeast Iowa Presbytery Judicial Commission
Baker
Loss in Three Breakins In Cedar Rapids Over Weekend
Three Cedar Rapids businesses suffered break ins between Saturday evening and Monday morning. Cougar Lounge at 329 Ninth avenue SE lost at least 240 dollars from machines and the cash register after breaking a second floor window. Rapoport Auto Parts at 27 Sixteenth avenue SW reported 74.50 dollars in tools taken after boards were removed from a window. Miracle Refined Water Co. at 115 Seventh street SE reported no losses after entry by the rear alley door.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cougar
Ninth Avenue SE
Rapoport Auto Parts
Sixtteenth Avenue
Miracle Refined Water Co
Seventh Street
Singaporean Man Dies After Self Immolation in London
Kerjan Singh a Singapore native died in a London hospital five days after pouring kerosene on himself and lighting a fire. Police reported no motive found. Singh 28 lived in Kingston upon Thames with his wife and three children.
MENTIONED IN THIS ARTICLE
London
Kerjan Singh
Singapore
Singh
Kingston-upon-Thames
City Briefs and Advertisements Highlight Local Updates
Board of education holds a special meeting Tuesday at 7 30 p m with the teacher welfare committee to discuss 1968 69 salaries at Ambassador Lounge East Marion. Leonard Walrath transfers from St Luke s hospital to Americana Nursing Center. Father Frank Koebke dies at about 90 in Ottumwa hospital. survivor Minnie Frahm Cedar Rapids. Fur coat buyers urged to use classified ads. Topcoats advertised at 1 39 each. Cherub Compote with pink carnations offered by Piersons Florists for 5.00.
MENTIONED IN THIS ARTICLE
College
Board of Education
Leonard Walrath
Center Point Road
St. Luke’s Hospital
Americana Nursing Center
First Avenue
Frank Koebke
Ottumwa
Minnie Frahm
Cedar Rapids
Volunteer worker killed by Viet Cong near Hue Doc
David Gittelson 26 of Beverly Hills was seized and slain by Viet Cong near Hue Doc in Angiang province while working 22 months for International Volunteer Services. IVS described him as a loner who carried his worldly possessions in a wheat sack. His death followed a Macalester College distinguished service award received on his behalf in St Paul.
MENTIONED IN THIS ARTICLE
Washington
Macalester College
St. Paul, Minn
Burma Expels Three Chinese News Agency Reporters
Three New China News Agency correspondents Teng Wen chin Li Cheng-yi and Liu Te chin left Rangoon for Peking after expulsion orders. They had assisted Yu Min sheng who was deported last July for interfering in Burmese affairs.
MENTIONED IN THIS ARTICLE
Rangoon
Burma
Mao Tse-tung
New China News Agency
Peking
Teng Wenchin
Li Cheng-yi
Liu Techin
Yu Minsheng
Lsources
Nixon to reveal 68 campaign plans Thursday
Richard Nixon announced he would reveal on Thursday in New Hampshire whether he will seek the Republican nomination for president. He has long promised a month end decision and is widely viewed as the favorite among Republicans, with polls showing strong support nationwide. The statement said the plan would be disclosed Thursday on the eve of his formal announcement.
MENTIONED IN THIS ARTICLE
New York
UPI
Richard Nixon
New Hampshire
Nixon
Drake University Education College Degree Granted
Heather and Mary graduate with a bachelor of science in social science from the Drake University College of Education on Sunday. The graduates reside at 3131 Cottage Grove Avenue SE.
MENTIONED IN THIS ARTICLE
Heather, Mary
Cottage Grove Avenue
The
College of Education
Drake University
Two Terrorize Crowded Subway In Grand Central Incident
Two bearded youths in black jackets threatened passengers on a crowded New York subway car with a butcher knife and a dagger. Detectives restrained them at gunpoint as the train reached Grand Central station. Ronald White 19 of Biddeford Maine and William Rigstad 22 of Glendale California were identified by police. Passengers fled the car amid screams before the arrest.
MENTIONED IN THIS ARTICLE
New York
Ronald White
Biddeford
Maine
William Rigstad
Glendale
Calif
Transit Authority
Grand Central Station
Kosygin Sees Inevitable U S Soviet Cooperation
Soviet Premier Alexei Kosygin told Life magazine editors that cooperation between the United States and the Soviet Union is inevitable, but he rejected any Soviet role in influencing Vietnam peace unless on communist terms. He criticized major aspects of U S foreign policy, especially in the Middle East and Vietnam.
MENTIONED IN THIS ARTICLE
New York
Alexei Kosygin
U. S
Soviet Union
Vietnam
Life Magazine
Middle East
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Pueblo
American Stock Exchange
Salem, Ore
Hayden Stone, Inc
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Rein
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Beatrice Runic
Clinton Engine
Eelles
Fonrac
Consolidated Foods
Elsie OF
Djsine Lls
Greater Iowa
Guardsman
Interstate P
Zales Towa
Kidde Cerin
Life Invest
WB Ling- Temeo-Vought Ek Enee
Mid-America
Pineline Peste Nee Rea Ailehte-G.- Petyseh
Nissen Teearepeeee Be
Ozark
Syntex
Wilson and Co
LIN
Lamsen Brothers
Chicago Livestock
Chicago Mercantile Exchange
Wd-M
Cerry Larsen Bros
C.R. Markets
Chicago Cash Grain
Dr. Baker
Ambassador Lounge
East Marion
Adv
T. C. Sturgeon
Hoyt Thomas
D.C
Town
the Gazette
Albert’s Dry Cleaners
Pierson’s Florists
V.C
Haegg
Gazette
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