Irregular stock day on New York Exchange capitulates slight loss
The New York market eased late on Friday after an initial rise as the Dow fell about two points in heavy trading. Leaders like United Aircraft and Xerox dropped while Boeing and Eastman Kodak also fell, with gains in American Airlines and other blue chips. Traders weighed profit taking as Chrysler and Ford posted losses amid a broad, uneven session on the NYSE.
MENTIONED IN THIS ARTICLE
NEW York
York Stock Exchange
de Pe United Aircraft
Xerox
Boeing
Eastman Kodak
United
Iowa Merit System Job May Pay $18 000
Des Moines AP reports the three member Iowa Employment Commission vows to set rules for the new merit system and keep the director’s position open. The salary will be at least 15 000 and may reach 18 000 for exceptionally well qualified candidates.
MENTIONED IN THIS ARTICLE
DES Moines
Iowa
Met
Cedar Rapids hog and cattle market prices ease Friday
Cedar Rapids markets showed slight declines with hogs steady to 26 cents lower. Prices for Wednesday deliveries ranged 21.50 to 21.85 for 200 to 230 pound barrows and gilts, with some at 22.00, while packing sows 300 pounds and up traded 19.00 to 19.25. Cattle quotes list various grades and weights with discounts for heavier cattle and overfat cows, along with grain and sheep prices and delivery notes.
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Cedar Rapids
Sologna
Leghorn and Hyme
Old Cocks
P. No
Steady to gain in steers amid mixed hog and lamb markets
Chicago livestock prices show hogs steady to weak with varied weights. slaughter steers rise up to 25 cents, while spring lambs hold or fall up to 50 cents. Hogs 4,000 head and cattle also cataloged, with sows and cows priced per weight. Produce markets in Chicago and Des Moines report steady butter and eggs with steady wholesale tones and moderate potato and carrot shipments.
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Chicago
U.S
California
Texas
Cutter Laboratories Reports Record Six Month Sales and Earnings
Cutter Laboratories Inc the parent of Corn King Co Cedar Rapids reports record sales of 24 255 000 for the six months ended June 30 up from 21 882 000 year earlier Earnings rose to 1 606 000 or 79 cents per share from 1 408 000 or 70 cents per share Also noting ABC wide world of sports segment about Pan American games from Canada airing Saturday at 4 p m on Channel 9 in color.
MENTIONED IN THIS ARTICLE
Cutter Laboratories, Inc
Corn King Co
Cedar Rapids
Canada
ABC
Atkins Fremont school district faces court review over attachment
A state supreme court panel heard motions in the Atkins Fremont case tied to the Benton Community attachment. Attorneys argued about irreparable harm if stay is denied and the viability of reorganization for 1967 68 as Atkins Fremont students would enroll in Cedar Rapids or Benton facilities. About 75 attendees filled the Iowa City law building.
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Atkins-Fremont
Atkins - Fremont
Benton District
Benton
State Board of Public Instruction
Benton District Court
State Board
Tom Riley
Cedar Rapids
Atkins- Fremont
Riley
Vinton
Keith Mossman
Mossman
Atkins
State Board of ‘Public Instruction
University of Iowa Law
Clay LeGrand
Justice Larson
Raytheon Reports Record Earnings and Sales
Raytheon Co earnings rose to 94 cents a share in Q2 with 6.195 million dollars and sales of 241.678 million. First half earnings reached 12.147 million dollars or 1.85 a share, with sales of 467.302 million. Domestic business grows at a very satisfactory rate while overseas results lag.
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Raytheon Co
Amana Refrigeration
U.S
Mulliken Corp Reports Mixed First Quarter Results
Pettibone Mulliken Corp of Chicago reported increased sales and lower earnings for the first quarter. Sales totaled 28,977,278 dollars, up from 28,141,116, while earnings fell to 1,079,977 dollars from 1,428,303. Per share earnings stood at 79 cents. Backlog reached 63 million dollars, up from 55.4 million a year ago. The company noted improvements across product lines and is parent to Universal Engineering of Cedar Rapids.
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Pettibone Mulliken Corp
Chicago
Pettibone Mulliken
Universal Engineering of
Cedar Rapids
More Italian Towns Deny Nazi's Freedom
In Vinca and San Terenza Monti in northwest Italy residents rejected German Major Walter Reder’s plea for clemency. The towns voted unanimously to keep his life sentence, joining Maraabotto where 300 residents upheld the same stance earlier.
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Fivizzano
Waly
Walter Reder
Vinca
San Terenza Monti
Haly
Reder
Interior Ministry
San Terenzo
Maraabotto
Johnson address on racial violence rebroadcast for troops
President Johnson's speech on U.S. racial violence was rebroadcast Friday for American service members in Vietnam over the Armed Forces Radio Network.
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Saigon
Johnson
U.S
Vietnam
Armed Forces Radio
Missiles sidelined by U S for revamping guidance systems
Washington AP report says some land based intercontinental missiles are temporarily taken offline for major revamping of guidance and control cards. About 400 to 500 missiles are kept ready at sea aboard 41 Polaris submarines with 16 missiles each. the effort affects Minuteman II as well.
MENTIONED IN THIS ARTICLE
Polaris
Washington
U.S
Pentagon
Iraman Miccilae
Tickets Ready for Arnold and Al Hirt Shows in Cedar Rapids
Officials at the All-Iowa fair announced that Eddy Arnold and Al Hirt tickets arrived by express before noon Friday. Fair Manager Billy Greiner said reserved seats go on sale at Killian's, with tickets checked Friday afternoon and available starting Saturday. The delay mystery was resolved after extensive phone inquiries.
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Cedar Rapids
Express
Billy Greiner
Killian's
Killian’s
Greiner
British Steel Nationalized in Government Takeover
Britain nationalizes 14 steel companies forming the British Steel Corp in a major shift. The group employs over 270000 and posts modest profits after tax totaling about nine million pounds last year. Compensation is set at about 500 million pounds in government bonds. About 259 firms remain privately held.
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London
Britain
British Steel Corp
British Steel
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