Stock Rally Reverses On Late Tuesday Trade
Stocks reversed a moderate early rally and declined in heavy volume about 105 million shares. Boeing and Douglas Aircraft fell five or more points while General Dynamics dropped over a point. American Motors led activity as autos stayed mixed and bonds held steady.
MENTIONED IN THIS ARTICLE
New York
Wall
Boeing
Douglas
Dynamics
Collins Radio
American Motors
American Stock Exchange
U.S Treasury
John H. Day Fined $300 on Hit Run Charges
John H. Day, 62, of 2925 Johnson avenue NW, was fined $300 and costs on three hit and run charges after a 5:52 p.m. collision at Johnson avenue and Nineteenth street NW. He fled the scene and was arrested drunk at his trailer home at 6:01 p.m. Day began a 90-day alternative term in Linn county jail.
MENTIONED IN THIS ARTICLE
John H. Day
Johnson Avenue NW
Day
Linn County
Johnson Avenue
Nineteenth Street NW
Loren Hullinger, Jr
Hogs Sell Strong to 25 Cents Lower in Chicago Run
Hogs numbered 4 500 with butchers steady to 25 cents lower. 190 to 220 lb butchers at 26.50 to 20.75. 250 to 280 lb at 25.00 to 25.50. 320 to 400 lb sows at 23.50 to 24.35. Cattle 27 000 head with slaughter steers steady to strong, prime loads 1 150 to 1 350 lb at 32.50 to 33.00, high prime 1 050 to 1 375 lb 30.75 to 32.00. heifers 26.40 to 28.75. Sheep 200 head with lambs and ewes about steady and some top slaughter lambs 80 to 100.
MENTIONED IN THIS ARTICLE
Pat G el
Hayden Stone, Inc
Rein Veneur
Beatrice Foods
Kerry Burn
Adda
Clinton
Consolidated
Fisher Gov
Feab Coal
Greater
Iowa
PennDixie Oo
Penney
Interstate P Teweeny
Pwlkt
Iowa Electric
Navy
Iowa-Iii Gasie Devies
Pennzoil
Soc Gale Ind Lefebure Besset
Leva PepsiCo
Va Life Invest
Pfizerc
Lone Star St
Dewdones
Miehle
Mid-America
PhilMor
Phill Pet
Publkind
Vane Pullman
New New York
York
Genhinls
Ralston
Raytheon
Repubsted
Abbott Lab
GaPacific
Avantya
Gerber Pd
Rexall
Miral
Rohr Corp Be
Roy Ccola
Alleg Cora
Safeway
AllisChal Allied
Gt West Finlay
Val Reyhn
SanFran
Va Aleaa
rumnAirc
Halliburt
Vt Scott Paper
AmCrySug
Sears
Jy AmCyan
HeclaMin Lobe
Shell
Sinclair
Shiva
Amet
Haneywl
SingerCo
Am. Motors
South Co
Val Hupp
SouthPac
T&t
Me ' Arenas
Va Ambh
IngerRand
Atlas Ollsman
Francis T Anken
duPont and Co. Trice
Stauff
Atchison
la MA
Mel
Packers
Stevens JP
Benguet
Kerr Mc
Kimb Clark
Tidewat
Vai Konpers
Kresge
Transam
Boise Cas
Val Kroger
Bala
Brunswick
BucyEr
Lehman
Bullard
Wiebk Aang Ank
Lionel Corp Litton Ind
UnitAirc
Corlard
Abe Abie
Lukens
Aly
Ms Sale
Mad
Sv. Faia
Cenco Ins
Magmac
Tools
Upjohn
Maratha
Ar Mid
Venda Co Varian
Martin
ElPw
WarnLam
Chimil
McDonn 'Ea
Ava
McKess
Westa Airl
Chrischior
Merck
Mead Cp
TOV Ra
Wilson Co Hava Sd
Colo Pal
H Woolworth
Xerox Cp
ComSolv
Morrell
Motorola
Associated Press
Nevada
Newberry
Norfik
Va NA Avia
Va Nor Ngas
BanAir
DaycoCp
Northrop
Sea Cokes 'Nwestairl
Delta Air
Asia
Alyy Loy Denrgw
Norton
DetEdis
Norweh
Det Steel
I Bris Ie
Otis Elew
Ouille Mar
Oraser
Owenslit
SiMe
Ty Bress
Duke Power
duPont
Chicago
Bynamco
Lamson Brothers
Exkodak
Estonia
EmerRad
John
ErieLack
Eiresingia
Tata
Frankott
IS Rt
Des Moines
UPL
U.S
Wholesale carrot beef trade report details prices and receipts
Chicago and Des Moines market notes show steer and heifer beef ranges from 42 to 44.50 for various weights, with U S 1 3 sows priced 20 to 24 a hundredweight. Demand is fair with modest declines noted in Des Moines futures and weekly receipts listed.
MENTIONED IN THIS ARTICLE
Dresseo Meats
Chicago
USDA
Sor
Omaha Livestock Prices Mixed Across Cattle Classes
Omaha market reports show cattle, calves and cows with varied gains and steady to higher ranges. High choice with end prime notes appear around 29.50 to 29.84 for steers, with heifers near 28.85 and several lower utility and commercial categories listed.
Sioux City Livestock Prices Report
UPI reports Sioux City cattle market data with 6,500 cattle and 100 calves. Slaughter steers and heifers steady. choice slaughter steers 950 to 1,300 pounds bring 28.25 to 29.75, half-load mostly prime 1,225 pounds at 32.00, choice heifers 50 to 1,075 pounds at 26.7 to 27.75.
MENTIONED IN THIS ARTICLE
Sioux City
UPI
Cedar Rapids Hog Market Prices Dip Tuesday
C R Markets show Tuesday quotes 25 cents lower on the Cedar Rapids hog market. Monday bulk 200 to 230 lb butchers brought $25.25 to $25.50, packing sows 300 lb and under bid $23.50 to $23.75. All prices assume delivery at the plant and adjust 25 cents per 10 pounds for butchers above 230 pounds and 50 cents per grade for packers above 300 pounds.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Grain and Poultry Prices in Mixed Market Listing
Grain prices show No. 2 corn and soybeans as fresh or old with unclear quality notes. Poultry lists heavy crepe hens Leghorn and Hythe, old cock, wool prices at No. 1 wool 50c and No. 2 wool 40c. Eggs described as large medium small at 20c and 5c respectively.
Steady Selling Drops Grains in Chicago Market
Grain prices weak on light but steady selling, brokers report liquidation. Wheat falls 5? to 1%. corn 4 to 1% lower. oats 4% to 3% lower. rye 4s to 1% lower. soybeans 4% to 2 lower.
Chicago cash grain prices report
Wheat No 2 hard 1.60 Corn No 2 yellow about 1.63 Soybeans No 1 yellow around 2.85 Oats No 2 heavy white around 0.77 to 0.78 Prices shown for No 2 and No 4 sample grades across wheat corn soybeans and oats with typical grading terms from Chicago market data.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Produce Prices and Market Notes Summary
Wholesale prices for poultry and butter hold steady with minor shifts. Eggs show firm demand for grade A whites and other cuts. Potatoes report 38 arrivals, 122 on track, russets at 4.25 in Idaho and 3.00 in Red River Valley with cautious trading and moderate demand.
MENTIONED IN THIS ARTICLE
Chicago
USDAI
U.S
Idaho
New York Eggs and Butter Market Update
New York reports adequate egg demand with steady prices. Grade standards 44 to 44. Checks 3042 to 39. Whites range from 45 to 47 for extra fancy heavy weight, 40 to 42 for medium, 37 to 37 for smart. Butter offerings light with firm demand and unchanged prices.
MENTIONED IN THIS ARTICLE
New York
USDA
Investors' Guide: Hold Stocks, Pay Loans, Build Emergency Fund
Sam Shulsky advises a graduate investor to keep General Motors and Tennessee Gas, reject the idea of emergency stock selling, and prioritize paying off educational and car loans. He suggests building a larger six month salary fund and resuming growth stock buying after loan clearance.
MENTIONED IN THIS ARTICLE
Q. Sam
General Motors
Tennessee Gas ‘Transmission
Tennessee Gas
Tennessee
Iowa Trade Mission Sees Warm Hong Kong Response
The Towa trade mission led by Gov. Harold Hughes reports Hong Kong as the most fruitful Far East stop. Officials say 50 Monday and 25 Tuesday appointments show strong local interest in buying Iowa products such as small machinery paints farm equipment and textiles. Mission mayus depart for Bangkok next.
MENTIONED IN THIS ARTICLE
Hong Kong
UPIL
Towa
Harold Hughes
Far East
John J. Murray
Towa Development Commission
Murray
Martin Milter
Japan
Miller
Graveside Rites Set For Lee E. Bebee in Anamosa Area
Lee Edward Bebee 72 auctioneer and race horse starter died Monday in Marian nursing home. Born June 19 1893 in Viola he married Ethel Lorritta Merrill June 26 1912. They lived near Anamosa until 1953 then Cedar Rapids. Survived by spouse foster daughters two grandsons six more grandchildren 41 great grandchildren and three sisters. Graveside rites Wednesday 3 pm at Riverside cemetery Marion officiated by Rev. Jean Hauter.
Hot Pursuit Allowed Toward Hanoi Area by U S Fighters
U S fighter bomber pilots may chase attacking Mig jets into the Hanoi Haiphong zones in North Vietnam though those areas remain off limits to bombing. No hot pursuit has been used yet as fuel limits and unspecified rules hinder action.
MENTIONED IN THIS ARTICLE
Hanoi
Washington
U. 5
Hanoi- Haiphong
North Vietnam
U. S
U.S
Haiphong
Rusk
Virginia Crash Kills Five Sailors on I 95
Five sailors died when their car crashed into a parked tractor-trailer along Interstate 95 in Virginia. State police reported the truck was on the highway shoulder with flares and reflectors deployed by the driver.
MENTIONED IN THIS ARTICLE
Interstate
Unemployment Rate Dips to 3.7 Percent for First Time Since 1953
The U S unemployment rate fell to 3.7 percent down from 4.0 percent in January, marking the first sub four percent rate in nearly nine years. Unemployment totaled 3,150,000 as employment rose by 300,090 to 71.6 million.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Pilicer Drug Trial Set to Open in Cedar Rapids
Abraham Pilicer 68 of 2315 Ridgeway Drive SE faces a Cedar Rapids federal trial beginning Wednesday at 9 a.m. with jury selection. He is charged by a grand jury with seven counts of dispensing drugs without prescription and misbranding while held for sale, linked to $15 000 worth of amphetamine sulfate and secubarbital capsules.
MENTIONED IN THIS ARTICLE
Abraham Pilicer
Ridgeway Drive
Pilicer
Pilco Laboratories
N Street
Cedar Rapids
Edward McManus
U.S
Donald O’brien
Thrifty wives read and buy from Gazette want ads
Readers browse the Gazette want ads for bargains and household goods. The column highlights affordable items and sales, urging women to compare prices and place quick orders.
MENTIONED IN THIS ARTICLE
Gazette
Also Mentioned on This Page
T.atet
Tearlt Baia
Ilectr
Dedus Asse
Maris Kote
Chicago Livestock
Hogs
Omaha Livestock Omaha
WPI
Livestock Futures Chicago
Chicago Mercantile Exchange
Rey
Sriniede Inomb
C.R. Markets
Wwe
Deneneun
Investors’ Guide
Sam Shulsky
William Noble
Trade Mission
Noble
Iowa Trade Mission
Bankok
Lee E. Bebee
Baxter's Mortuary
Marion
Riverside Cemetery
Jean Hauter
Federal Savings and Loan Insurance Corporation
Bohemian Savings
Emerg Ie Ent
By Fred Helmes
Virginia
Fredericksburg
the Owl
Anight Owl
Francis 1. du
Second Ave
ONT & CO
NEW York Stock Exchange
Wall Street
N.Y
Ewnings
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