Stocks Rise Amid Broad Dull Trading On Friday
Major indices advanced slightly as investors chased modest gains in steels, rubbers, and chemicals. IBM fell seven points amid a stock rights offering while Zenith Xerox TI Admiral Cerro edged down about a point. Goodyear Goodrich U S Rubber Firestone rose. International Mining led volume on the week with about 150000 shares. Douglas Aircraft cut losses after a big DC-9 order.
MENTIONED IN THIS ARTICLE
New York
IBM
Zenith
Xerox
Texas Instruments
Admiral
Cerro
Hecla
Firestone
Goodyear
Goodrich
U.S. Rubber
U.S. Steel
Bethlehem
Republic Steel
Jones & Laughlin
International Mining
Douglas
Murphy Oil Preferred
TWA
Johnson & Johnson
Mosler Safe
Sundstrand
Eastiman Kodak
Kennecott
American Stock Exchange
Chicago Livestock Hogs Cattle Sheep Market Summary
Chicago and Des Moines reports show hogs mostly steady to 25 cents lower with 190 to 230 pound shippers at 25.50 to 26.25. Cattle slaughter steers steady to 25 lower with prime loads around 27.60 and heifers 24.75 to 25.75. Lambs and sheep steady. spring lambs 27.00 to 27.50 at light weights. Des Moines demand uneven, butchers steady to slightly lower, sows mixed adjustments. Also Singapore talks note a Indonesian military mission member traveling to arrange talks with Malaysia.
MENTIONED IN THIS ARTICLE
Chicago Livestock Chicago
USDA
Iowa
Des Moines
UPI
Singapore
Malaysia
Nissen Reports Earnings and Sales Increase
Nissen Corp of Cedar Rapids reports a 25 percent rise in earnings and 16 percent higher sales for the year ended March 31. Sales reached 3.648 million, net earnings 345,857, and per share 92 cents. Board cites school construction and expanded PE programs as demand drivers. Annual meeting set for June 15 with a six-person equipment demonstration.
MENTIONED IN THIS ARTICLE
Nissen Corp
Cedar Rapids
George P. Nissen
London
Nissen
Opposition Interprets Result as Censure of Government
Fine Gael claimed the outcome signaled political disapproval of the ruling government. The party described the vote as a censure, interpreting the result as a rebuke from voters.
MENTIONED IN THIS ARTICLE
Fine Gael
Market note on grain and produce prices in Chicago and New York
Speculators sought profit but liquidations remained uneven over the weekend. Soybeans gained as old crops and July delivery traded at season highs while wheat fell about 13 cents. Corn and other grains mostly eased or held steady with various yellow beans and oats quoted at specific price ranges. In Chicago cash grain and futures, butter and eggs showed steadier wholesale pricing with moderate demand, while New York wholesale egg quotes remained adequate and prices mostly unchanged.
MENTIONED IN THIS ARTICLE
Chicago
California
Alabama
NEW York Produce New York
USDA
Four Injured In Two Car Crash On B Avenue NE
Four people injured in a two car collision at B avenue and Sixteenth street NE Thursday at 3 36 p m Taken to St Luke s hospital and admitted were Margaret A Willard 30 of 11136 Thirty first street NE listed in fairly good condition Friday She suffered multiple lacerations Jane Nelson 50 of 1285 Elmhurst drive NE also suffered lacerations listed in good condition Rick Willard 17 of Hopkinton suffered a head cut listed in good condition He and Margaret Willard are not related Ray Schoonover 39 of 1102 Elmhurst drive NE went home then treated at St Luke s and released Mrs Nelson and Schoonover were passengers in a car driven by Mrs Willard Rick Willard was a passenger in the other car driven by Stanley L Bacon 20 of 1523 E avenue NE Mrs Willard was charged with failing to yield the right of way to oncoming traffic.
MENTIONED IN THIS ARTICLE
B Avenue
Sixteenth Street
St. Luke’s Hospital
Margaret A. Willard
Thirty-first Street
Jane ‘Nelson
Elmhurst Drive
Rick Willard
Hopkinton
Margaret Willard
Howard Willard
Ray Schoonover
St. Luke's
Stanley L. Bacon
E Avenue NE
Head Start Plans Outlined for Marion District
Marion Independent school district outlines summer Head Start plans to the board. Supt. Richard Sorensen presented details Thursday night, covering program goals, staffing, and eligibility for 2024 session.
MENTIONED IN THIS ARTICLE
Marion Independent School District
Board of Education
Supt
Richard Sorensen
Services Monday for Clifford Beall 77
Clifford C. Beall 77 of 1807 Fifth Avenue Marion died Thursday in a Cedar Rapids hospital. Born March 4 1889 at Raymond he married Mina Turner January 15 1914 in Cedar Rapids. He was a machinist with the Milwaukee railroad and later worked for the City of Marion. He was a member of First Methodist church of Aletta. Services 1 30 p.m. Monday at Murdoch chapel Marion burial Oak Shade cemetery. Friends may call after 1 p.m. Saturday.
MENTIONED IN THIS ARTICLE
Clifford C. Beall
Fifth Avenue
Marion
Cedar Rapids
Raymond
Mina Turner
Beall
Milwaukee Railroad
Atkins
City of
Mar
Sion
First Methodist Church
Aleta
Murdoch Chapel
Lloyd C. Kellams
Oak Shade Cemetery
City appoints 12 youths as playground directors
Announcement by Mrs. Fred Wade secretary of the city playground and recreation commission lists 12 youths selected for summer playground director roles. Two hires made including Carol Lensing and Marilyn Coleman with six site locations planned for a six week session June 20 to July 29 Ray Brainard returns to direct the program.
MENTIONED IN THIS ARTICLE
Fred Wade
City Playground and Recreation Commission
Carol Lensing
Marilyn Coleman
Lins da Mangold
Dee Jeffers
Jane Simon
Carol Klink
Greg Miles
Craig Horner
Jim Fowler
Dan Bixby
Dan Ciha
Pat Rval
Ray Brainard
Dinner Saturday Honoring John Culver Draws 600 Expected
More than 600 attendees are slated for a fundraising dinner at Armar ballroom to honor Congressman John Culver. Harold Ketchum of Cedar Rapids chairs. guests include Culver supporters from Dubuque and Clinton. Culver will speak after earlier appearances at Iowa World War II Veterans banquet and the Iowa Association for the Blind event. Tickets are $7 and available at 317 Sixth Street SW or by calling 365-5021.
MENTIONED IN THIS ARTICLE
Second District
John Culver
Armar
Harold Ketchum
Cedar Rapids
Culver
Dubuque
Clinton
Ketchum
Duinner
Marion Mothers club elects officers at regular meeting
Marion Mothers club announced new officers at their Thursday gathering led by president Mrs Charles Hammen and vice president Mrs Dave Grussendorf. Other officers named include secretary Mrs Donald Callarman treasurer Mrs Dean Metcalf press representative Mrs Donald Mains and historian Mrs Peterhorne.
MENTIONED IN THIS ARTICLE
Marion Mothers Club
Charles Hammen
Dave Grussendorf
Donald Callarman
Dean Metcalf
Donald Mains
Peterhorne
Wholesale Prices in Last Week of May Edge Up
Wholesale prices edged upward one tenth of one percent in the last week of May. Farm products processed foods and industrial commodities all rose. The May 31 index stood at 105.3, two tenths of a percent below the April 105.5 level.
MENTIONED IN THIS ARTICLE
Washington
UPI
Labor Department
Ozark Receives First of Six New DC 9 Jet Airliners
Ozark Air Lines has taken delivery of the first of six Douglas DC-9 jets. The aircraft, flown from Long Beach, underwent a week of training and will operate at cruise altitudes around 33 000 feet. The DC-9 features forward and aft boarding stairs and room for passengers. Two more DC-9s arrive this summer, with three additional jets due next spring. The first DC-9 is the 30th DC-9 built by Douglas.
MENTIONED IN THIS ARTICLE
Ozark
Air Lines
Douglas
Long Beach
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Bohemian Savings and Loan Association
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