Stocks edge higher in dull Friday trading
Financial and market notes show a slightly firmer tone with fractional gains as volume dips to about 3.2 million. Blue chip names posted small upticks while mixed quotes appeared across American and unlisted stocks, rails, and technology groups in a quiet session.
MENTIONED IN THIS ARTICLE
New York
Chicago Grain Quotations Source by Lamson Brothers
Grain quotations provided by Lamson Brothers with A G Hoelzen as Cedar Rapids office manager located at 503 Merchants National Bank Building.
MENTIONED IN THIS ARTICLE
Lamson Brothers
A. G. Hoelzen
Cedar Rapids
Merchants ‘National Bank
Regents Approve 5 Million Loan for Dormitories
The Iowa state board of regents authorized a 5 045 000 loan from First National Bank of New York City to fund dormitory projects at three state colleges. Projects include Burge hall and Hillcrest dorms at Iowa, a graduate dorm at Iowa State, Campell hall expansion at State College of Iowa, and a commons upgrade. The 2 75 percent five year loan is tax free and repaid from dormitory fees.
MENTIONED IN THIS ARTICLE
Des Moines
State Board of Regents
First National Bank of
New York City
University of Iowa
Burge Hall
Hillcrest
Iowa State
State College of Iowa
Campbell Hall
Commons
Board of Regents
Iowa
Iowa- Des Moines National Bank
Central National Bank and Trust of
Merchants National Bank of
Cedar Rapids
Bankers Life
Equitable Insurance
Central City Oral Clinic Planned at Local School
The Sabin oral clinic will be conducted Sunday from 10:06 a.m. to 4 p.m. at the school. The clinic serves all ages from three months up.
MENTIONED IN THIS ARTICLE
Central City
Sabin
Investors guide quips on stock bets and aging buyers
An Investors' Guide column critiques elderly investors who chase growth stocks via brokers. It cites a retired reader pushing General Telephone and Transcontinental Gas Pipe Line for 3 percent yields, and questions why such advice often skews toward Atchison Topeka and Santa Fe plus dividends. The piece, set in Iowa, includes a jab at market chatter and broker guidance.
MENTIONED IN THIS ARTICLE
General Telephone & Electronics
General Telephone
Atchison, Topeka & Santa Fe
Steers Are Steady to Up at Chicago and Des Moines Markets
In Chicago hogs were steady to strong with 5 500 head. Slaughter steers mostly 50 cents higher and lambs insufficient for a market test. In Des Moines demand was fair with prices steady to 25 cents lower than Thursday with receipts about 60 000. Butchers ranged from 12 to 14 per hundred pounds for various weight classes and cows from 10 50 to 16 50 in value.
MENTIONED IN THIS ARTICLE
Chicago
Des Moines
UPI
Waterloo hog market steady with varied prices
The Waterloo market reports steady prices for hogs with No 2 barrows and gilts listed across weight ranges from 199 to 400 pounds. Prices span $10.25 to $13.50 per hundredweight, with sow and boar ranges also noted.
Omaha Livestock Prices Report
Cattle 1500 head. Calves none. Moderately active market with gains to 25 cents. High choice and few prime steers 1,165 lb sold around 23.00 with two loads at 22.75 and bulk 21.75 to 22.35. Two loads of high choice and a few prime heifers traded at 22.50 with good to choice cows from 20.00 to 22.00.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Omaha
UPI
S. Aepeves
Eeeae
Sioux City Livestock Prices Steady on Cattle and Heifers
UPI reports Sioux City cattle market sits fully steady with nine loads mostly high choice steers 1 161 to 1 340 pounds at 22.50 and 22.00 to 22.25 for avg to high choice. Three loads average to high choice 22.00 to 22.25 and four loads choice 2.50 to 21.75 with tete loads of choice slaughter heifers in the upper half at 22.00.
MENTIONED IN THIS ARTICLE
Sioux City Livestock
Sioux City
UPI
Cedar Rapids hog and grain market closes steady to lower
Prices at the Cedar Rapids hog market Friday ranged steady to a quarter lower with butchers 200 to 230 pounds at 12.75 to 13.85 dollars and bags at 13.25 to 13.85. Packing cows 300 pounds down traded 12 to 13 dollars while weight-based cuts shifted lighter. Poultry and eggs moved small amounts as grain markets showed corn at 1.08 per bushel and soybeans at 2.45 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Grain market report shows mixed Friday trading
Chicago AP notes slow mixed grain activity with oats gaining on the March contract. Wheat ranges from 14 higher to 4 lower, corn from 4 higher to 4 lower, soybeans around 1544 lower, and no wheat or oats sold in cash trade. Yellow corn prices listed by grade and barley prices vary by malting and feed categories.
MENTIONED IN THIS ARTICLE
Chicago
Craig Systems Inc reports six month net and backlogs
Craig Systems Inc totals six month sales of 6,948,443 with net earnings of 228,375 equal to 29 cents a share on 800,984 shares outstanding. For the prior six months sales were 6,278,909 with earnings 241,762 or 30 cents per share. Backlog exceeds 8,000,000 and licensing with Fokker Aircraft to manufacture Craig military products for NATO and Western Europe is noted. LeFebvre Corp. security equipment sales rise and a new Autho-Visor signature identification system with Addressograph-Multigraph Corp. is developed.
MENTIONED IN THIS ARTICLE
Craig Systems, Inc
Erick Randers
Fokker Aircraft
Netherlands
Craig
NATO
LeFebvre Corp
Craig’s
Cedar Rapids
LeFebvre
Storytime canceled at library this week
City briefs note that Dr. Max Storytime in the library auditorium is not held this week. Other items include a rummage sale with books records and housewares, and local ads for discounts and events at various venues and theaters.
MENTIONED IN THIS ARTICLE
Max
Library
W.C.A
Dairy and Produce Prices and Shipments Report
Arrivals 66 on track 179 total US shipments 633 old supplies moderate demand fair market steady carlot track sales Idaho russets 3.80 4.15 Red River Valley round reds 1.90 2.25 new supplies light demand light market steady butter steady wholesale prices New York USDA butter samples 93 AA 58-59 cents 92 A 58-58?4 90 B 58?4-58?2 egg samples demand fair various grades and sizes listed
MENTIONED IN THIS ARTICLE
Chicago
Idaho
New York
USDA
Lisbon Youth Enlists in Marine Corps at Seventeen
Robert L. Rosewehr, 17, of Lisbon, will report to the San Diego marine recruit depot for active duty March 29. Seaman James D. Clark, son of Mr. and Mrs. James C. L. Clark of Mr. Vernon, is on 14 days leave en route from radio school in San Diego to submarine school in Groton, Connecticut.
MENTIONED IN THIS ARTICLE
Marine Corps
Robert L. Rosewehr
Lisbon
San Diego
James D. Clark
James C. L. Clark
Vernon
Calif
Groton
Conn
Flintstones Hiccups Vanish After Fred’s Drink
Barney also recovers as Fred’s mysterious concoction works its magic. The Flintstones air on TV 9 Friday at 7 30 p m with this episode where comic mishaps resolve in a bright finish.
MENTIONED IN THIS ARTICLE
Fred
Barney
TV 9
Marion to host Governor's Day in late spring
Marion chamber directors plan a late spring or early summer Governor's Day in Marion with Gov. Harold Hughes unavailable until after May 20. M. G. Linkletter says a date will be set after contact with the governor. The board approves a local business directory and a May 15 workshop at Waterloo.
MENTIONED IN THIS ARTICLE
Marion
Chamber of Commerce
Harold Hughes
M. G. Linkletter
Chamber
Ed Rains
Rains
Waterloo
Douglas Hutchins
Jaycees
Sabin
Marion High School
Marion Rural Main Elementary
Close-out sale at Marion business offices bargain items
Name brand varizers offered at five dollars as a close-out. Edison Pharmacy advertises. Mrs. John Hennessey is a patient at Mercy hospital with visitors permitted.
MENTIONED IN THIS ARTICLE
Edison Pharmacy
John Hennessey
Mercy Hospital
Barber School Bill Passed by House in Iowa
DES MOINES AP The Iowa House approved a barber school bill 69 to 33 advancing a measure to raise education and training requirements for barbers. It would require a tenth grade education for entry to barber college, boost pre apprentice training from six to nine months, and extend apprenticeship from 18 to 24 months before examination.
MENTIONED IN THIS ARTICLE
DES Moines
Iowa House
Senate
House
Theft Suspect Jailed on Vagrancy Charge
Charles Dahlberg twenty four of Minneapolis pled guilty in municipal court to vagrancy and was sentenced to ten days in jail by Judge Howard McLaughlin. Dahlberg was arrested Wednesday with companion Douglas Hanson twenty two of Minneapolis charged with carrying a concealed weapon and possession of burglary tools. A third man John Galysh twenty three of Minneapolis faced the same charges and remained at large Friday.
MENTIONED IN THIS ARTICLE
Charles Dahlberg
Minneapolis
Howard McLaughlin
Lost and Found Items Noted in Gazette Want Ads
Gazette want ads report found and misplaced items as brief notices. Local readers are urged to check listings for valuables and contact the paper to reclaim or claim lost articles.
MENTIONED IN THIS ARTICLE
Gazette
Controllers and Pilots To Meet in Cedar Rapids
A meeting of air traffic controllers and pilots is scheduled for March 29 at 7 30 p m in the Terrace room of Municipal airport Cedar Rapids. Films on flight service and air traffic control will be shown. Three FAA transfers were reported: Robert L Wenzel moves to Wichita radar control March 17, Robert L Riley to Crystal Field Minneapolis March 25, Lloyd H Anderson arrived March 4 for tower duty from Milwaukee.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Municipal Airport
Robert L. Wenzel
Wichita
Kan
Robert L. Riley
Crystal Field
Minneapolis
Lloyd H. Anderson
Billy Mitchell Field
Milwaukee
Executrix appointed in Helscher estate Linn County Iowa
State of Iowa Linn County notice that on March 4 1963 an Executrix was duly appointed and qualified for the estate of Howard B Helscher late of Linn County Iowa deceased. All indebted persons should pay promptly. Claims must be filed with the Clerk of Linn County District Court. Executrix avid leakiey attorney.
MENTIONED IN THIS ARTICLE
State of
Iowa
Linn County
Howard B. Helscher
Er District Court
GLA Breg Ft
Cher
Avid Leakiey
State of Iowa
Carlyle C. Strang
Linnounty
Ovened Court
Ennis
Appointment of Administrator With Will Annexed in Linn County
Notices announce the appointment of administrators with will annexed for Edward M. Jellison and Carlyle C. Strang of Linn County Iowa. Creditors and debtors are directed to settle estates promptly and file or authenticate claims in the Linn County District Court. A public hearing is scheduled March 25 1963 at 7 30 p m in Cedar Rapids for plan specifications and contract forms for junior high school construction.
MENTIONED IN THIS ARTICLE
Marion Rural School
Allac
Richard E. Reid
Reid
Luman Colton
Northeast
Roosevelt Junior High School
Cedar Rapids
Alburnett
iCenter Point
Central City
Coggon
Springville
Troy Mills
Walker
C.S.T
Board of Education
Second Avenue
Iowa
Co of Iowa
Gerrit
Ann- Simeonn
Second Avenue S.W
Board of Directors
Sheriff Sale Notice of O'Brien Property in Cedar Rapids
Special execution No. 78009 directs the sale of Lot 7, Block 2, James C. Young's First Addition, Cedar Rapids, Linn County, Iowa. The property of Matt O'Brien and Ethel M. O'Brien is to be sold at public auction for cash on April 5, 1963, at 9:00 AM in front of the Court House door Cedar Rapids. James H. Smith Sheriff cites First Federal Savings and Loan Association of Cedar Rapids and O'Dea Finance as lienholders and Carl Hendrickson Jr., attorney.
MENTIONED IN THIS ARTICLE
District Court
Linn County
Iowa
Sale Court
First Federal Savings and Loan Association of
Cedar Rapids
Cedar Rapids Building and Loan Association
Matt O’brien
Ethel M. O’brien
O’dea Finance
Matt O'Brien
Ethel M. O'Brien
James C. Young
Court House
James H. Smith
Carl Hendrickson, Jr
Hearing on Cedar Rapids Water Main Plans and Contract
Notice sets a hearing for April 1 1963 at 10 am in City Hall Cedar Rapids Iowa on proposed water main plans specifications and form of contract filed with the city clerk. Objections may be filed and heard orally. Dated March 7 1963 Harold G. Deerman. Published March 15 1963.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa
Edgewood Road
Istine
Shy Avenue
Harold G. Deer
Harold G. Schaefer
Cedar Rapids plans $3.9 million school bonds sale
The Cedar Rapids Community School District invites sealed bids for $3,900,000 of school building bonds. Bids due 10:00 a.m. March 27, 1963, at the Board of Directors office. Bonds dated May 1, 1963, pay semiannual interest, mature 1964–1983, with no optional redemption. Submit bid for all bonds with specified interest rates, and a $78,000 certified check as bid deposit.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Linn
Messrs
Chapman and Cutler
Chicago
Illinois
National Bank
Cedar Rapids Community
Board of Directors
E. W. Lundquist
Notice of Resolution of Necessity for Cedar Rapids Water Main
City of Cedar Rapids Iowa proposes a resolution of necessity to construct a 12 inch cast iron water main on Southwest from Ist Avenue. The plan includes assessment of abutting properties under Chapter 391 1962 Code and requires objections by owners before final consideration on April 1 1963. Public inspection filed March 7 1963 with hearings set. notices published for March 8 and March 15.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa
Eec
Marty Council
City of
Cedar
Towedge
Ist Avenue
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Investors’ Guide
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Ort
Date
NY Stock Exchange
Morris Kate
Michael E. McManus
Newport’s
Wilson Avenue
Phi Beta Kappa
Judith L. Finn
Washington High School
R. H. Barnes
Coralville
Grinnell College
Dairy Queen
Penick & Ford's
F.C.B
Caf
Kenoge ‘Camp Fire Group
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Mary Beeson
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Jackie Yuva
Marilyn Winch
Boy Scout Troop 87
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Marion Post No
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Legion Hall
Laverne Vaske
Hercules
Lou Keller
1St Ave
Aviation Agency
Edward M. Jellison
Merchants National Bank of Cedar Rapids
Will Annexed
Sargent, Spangler, Hines and Peace
Edar Rapi Communit Oe
BCL
Distric
E.W. Lundquist
Sheriff's
Siowa’'S Oldest National Bank
RST National Bank of
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F.D
Fed
Westinghouse
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7Th Ave. DR