This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 03, 1960
Page
24
Ward Cannel reports on Nicholas Darvas whose 18 month stock market rise to 2 million defies luck. He credits study, planning, and a mix of technical and fundamental analysis, saying success came from work and timing not luck. He notes his bestseller listing for How I Made $2,000,000 in the Stock Market.
Wall Street observers note deteriorating public participation with demand for stocks that move rather than hold value. Reynolds cites Anaconda value with $6.50 1960 earnings. Paine Webber highlights quality issues down from peaks offering fair yields and recovery prospects. Darvas touts timing and strategy as keys to stock market success.
New York report notes that last week odd lot sales surpassed odd-lot purchases, marking a favorable technical signal. Historically odd-lot buyers misread trends, though such selling shifts have preceded price booms, including a major 1958 advance.
J Paul Knight announced Penney stores will begin offering credit options on July 5 including a no service charge 30 day pay plan and a time payment option. Time plans apply to apparel and home furnishings, with set minimums and flexible terms, expanding to nearly 1 700 stores by end of 1963.
New figures from the government show that births exceeded deaths in the United States by about 2.632 million in the last year.
Chicago and New York reports show stock and industry declines with steel down over 10 percent and auto output cut ahead of holidays. Dow indices fell with rails leading losses while utilities rose. cattle and hog prices edged up or steady amid mixed futures and weekly closings.
A survey of 43 South Bend area investment clubs shows 34 profitable, average annual gains around 21 percent and a top performer, the Maniac Club, averaging 45 percent yearly for nearly four years. Clubs stressing study fare best, while poorer ones lack consistent research. Panic Club ranks second with strong results.
Des Moines reports slow market activity with receipts around 20 000 for Saturday versus 30 000 the prior week and 34 000 last year holiday. Butchers traded 180 to 300 pound hogs at prices from 15 30 to 18 75 per hundredweight with variations by weight class. Sows 270 to 550 pounds offered at 12 00 to 14 30.
Fragmented OCR from Waterloo shows a dense string of weights and prices for hogs with figures like 160-170, 16.75, 240, 60-270, and dollars per hundredweight. No clear event or narrative emerges beyond a chaotic commodity listing.
Prices on the Cedar Rapids hog market rose fifteen cents Saturday with Friday bids for butchers 200 to 220 pounds at 16.60 to 17.15 dollars and some as high as 17.40 dollars based on grade. Packers 300 pounds and under quoted 14.60 to 15.25 dollars. Additional weight adjustments reduce prices in 10 pound steps beyond 220 pounds up to 360 plus. plant delivered hogs and lighter weights also show varied pricing. Weather and feed notes appear marginally in the column alongside oats and corn prices.
United Fire and Casualty Co plans a 90 000 addition to its 810 First Ave NE office building. Excavation begins Tuesday for a two story expansion that will add about 11 000 square feet and connect to the building at 811 A Ave NF. The site clearance requires demolishing the former Cedar Rapids social center, the residence of the late Fd Smith and Ella Cook Smith, once linked to the company’s offices.
Square D Co. completed a 68,400 square foot addition to its Lexington Kentucky factory. The expansion brings the plant to 238,000 square feet and lifts Square D’s total factory space to over 2 million square feet, up about 70 percent since a $39 million expansion program started ten years ago.
Philip L. Wilson, former Cedar Rapids resident and 1950 University of Iowa graduate, has been promoted to process assistance superintendent at the Acrilan acrylic fiber plant in Decatur Alabama. The Wilson family resides at 1512 Fourteenth Ave SE in Decatur.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.