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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 04, 1964

Page

3

Stock Market Gains Widen as Blue Chips Lead

NEW YORK AP blue chips advance as market gains widen in moderately active trading. Volume nears 5.6 million shares versus Friday’s six million. Chrysler GM International Harvester Eastman Kodak Du Pont Liggett Myers Reynolds Tobacco post gains.

New York Chrysler General Motors International Harvester Eastman Kodak du Pont Liggett & Myers Reynolds Tobacco

Dow Jones Averages Mixed As Industrials Lead With Gains

Market fclose shows industrials firm and utilities mixed. Major names include Johns Manville, Allied Chemical, Ford, General Electric, Coca Cola, Procter Gamble, and Texaco among others, with varied percent moves and quotational levels. Omaha livestock report notes cattle receipts of 22,000 and a slow trade with prices mostly down, steer and heifer lots listed.

DOW Jones Francis J. Duro & Co la Pwr Alleghany Corp Johns Manville Allied Chem Jones Laughlin Allis Chalmers Ise Kennecott Cpr J Neers Tae Kresge S$ S Ielsey Libbey Owens Pe Seorneeres Lie & Myers Lorillard Anaconda Sd Foie Maytag Cox Armco Merck Vo Armour & 50 At&s FE Monsanto Atlantic Resin Mont Ward Avco Mfg Motorola Baldwin Lima Biscuit Balto & Ohio Cash Bendix Ava Beth Steel Blaw Knox Natl Gypsum Boeing Airp Na Ead Borden Co Nat Steel Borg Warner NY Central Otis Elevator Canad Pac Outboard Mar Carrier Corp Qwens Ill Glass Case, JJ Caterpillar Paramount P Celanese Park Davis Penick & Ford Cerro de Pasco Cero Ale Cessna Air Penney J Cches & Ohio Eps -Cola A. A Phelps Dodge Phillips Pet Amn_ Motors Lockheed Amn Lukens St. A Chrysler Corp Rifts E pillsbury+ Cities Boland Sires McKesson & R Am Tobacco ertin-Mariene i Coca Cola Collins Radio Procter Gamble Edison Sears Roebk Ieast Crane Co Y Crucible Steel Erell, Ol! Co Curtiss Wr Simmons Co Beere Sinclair Oil Douglas Air Kelly Oil Dow Chem Ocony Mob du Pont Sou Pac Co Eastern AL Sou Railway Eastman Rod Sperry Rand Eaton Mfg el Paso NG Sire Sang Brandsitz Firestone T I J Ford Heatdee Freeport Stodsbaker Sa Cne Frueha Gen Dynamics Swift & Co Gen Electric Texaco Gen Foods Tex Easter Gen Motors Texas Gulf Gen T & el Tex Instru Genesco Inc Textron It Il Tex Gulf S Gillette Co Tidewater Ivsie Glidden Co Timken R Goodrich T C Fox Film Goodyear Tire Union Carb Grace WR Union Oil Car Grant W_T Union Pac Gt Nor Ry Uni Aircraft Greyhound Uni Air Lines Gulf Oil Uni Fruit Hershey Bar Universal Homesta Honeywell. Inc S Steel Inland Steel Ae West Union Interst Pwr TAB Bus M Aeouns ‘el White Motors Intl Nickel Wilson & Co Int Woolworth FW Pape Youngstown Zenith Radio Sera

Sun Follows Heavy Rains in Northwest Iowa

The sun returned to Iowa after severe weather warnings Sunday night. Damage was limited to eight farm buildings on four farms in Cherokee County with no injuries reported. Rain totals topped 1.45 inches in northwest Iowa, while temperatures reached 84 in Council Bluffs as clearing skies forecast mild days ahead.

Iowa Cherokee Cherokee County Peterson Linn Grove Rossie Fort Dodge May City Rockwell City Council Bluffs

Australian priest learns to make artificial limbs

MELBOURNE AP An Australian priest Father Michael Brady aged 50 lost his right leg in India while serving as a Jesuit missionary. Sent home for an artificial limb fitting he chose to learn limb making himself and plans to teach artificial limb making when he returns to Bhurkunda in northern India.

Melbourne Michael Brady India Bhurkunda

Hogs Rise in Monday Market as Prices Climb

USDA estimates Tuesday receipts at 2000 cattle 6500 hogs 200 sheep. Demand for butcher hogs was very active with prices up to 75 cents higher per hundredweight. Slaughter steer market eased 25 to 50 cents to about 22 dollars for 1200 to 1300 pound prime grade.

Chicago USDA

Chicago cattle and hog market prices rise across several categories

Chicago traders reported higher bids in hog and cattle pits with 1 2 and 3 weight classes showing gains. Prime slaughter steers traded near 22 21.75 per cwt, heifers around 20.50, cows 14 to 15, while hog cuts surged 15.25 to 15.50 for 190 to 220 pounds. Sheep remained steady with spring lambs around 25 and ewes 5.50 to 7.00.

Chicago USDA Eeewersenaiwes Veortines

Des Moines Market Cattle and Hog Prices Edge Higher

UPI reports butchers and sows mostly steady to 25 cents higher with Monday receipts about 70,000. Prices vary by weight and grade across U S 1 and 2 butchers and sow categories, listing ranges for 200 to 500 pound hogs and sows, with weekly comparisons and prior figures.

Des Moines UPI U.S

Sioux City cattle prices fall as trade slows

In Sioux City cattle market reports from UPI receipts reach 11,500 with calves at 500. Steers and heifers mostly 50 cents lower, trade about 50 cents off. Choice 1,000 to 1,300 lb steers listed at 19.25 to 19.75, high choice up to 20.00. A load of high choice prime heifers at 20.00.

Omaha Livestock Omaha UPI Sioux City

Cedar Rapids hog market steady prices posted Monday

C. R. MARKETS report steady Monday hog prices in Cedar Rapids with Saturday quotations at 13.75 to 14.00 per cwt. Packing sows 300 lbs fetch 12.50 to 13.00. Prices vary by grade and plant delivery. Butchers and packers incur deductions by weight and grade across ranges up to 500 and beyond. Grain markets show No. 2 corn at 1.18 and soybeans around 65c milling quality noted.

Waterloo Cedar Rapids

May Wheat Rally Fuels Higher Trade on Board of Trade

At mid session on the Board of Trade the May wheat future rose more than five cents a bushel as a brisk rally swept markets. Other grains held steady to firm in slow dealings with soybeans and oats gaining modestly and rye mixed. wheat closed 15.44 cents higher while corn and rye finished mixed or unchanged.

Chicago Board of Trade

Chicago grain prices listed for wheat oats and soybeans

CHICAGO AP Wheat prices show No red at 2 13 No 1 yellow hard 2 15 No 1 yellow 1 29 2 No 2 yellow 1 29 4 No 3 yellow 1 26 4 No 4 yellow 1 24 1 sample grade yellow 1 21 Oats No 2 heavy white 0 69 4 0 67 1 sample grade white 0 57 4 Soybeans No 1 yellow 2 59 0 en Soybean oil 8 30 0 n

Chicago

Chicago Produce Prices and Market Report

AP USDA live poultry wholesale prices rise slightly for some items while others ease. Butter eggs and potatoes show steady wholesale trends with varied regional quotes. road carlot sales list Idaho and Oregon russets alongside Texas round reds, demand moderate and market steady for top stock.

Chicago USDA Idaho Oregon Texas Reds

New York Dairy and Egg Prices Briefed by AP

AP report from New York outlines dairy prices for creamery and eggs. Creamery scores range 5812 to 5834, with 59 to 90 cents varying by grade. Egg offerings abundant across large to small sizes, with demand focused on large. whites quoted by weight with multiple grade prices.

New York

Investors' Guide Q&A on Stock Splits and Dividends

A reader asks about buying Gateway Chemical Coca-Cola Chrysler and Curtiss Wright amid market drops. The advisor stresses investing over trading, notes dividend basics, warns against chasing splits, and urges long-term, informed choices rather than rapid stock turnover.

Sam Shulsky Gateway Chemical Chicago Alberto Culver Chrysler Coca - Cola Curtiss- Wright Coca-Cola

Methodists Delay Race Ban Vote at General Conference

At the General Conference of the Methodist Church in Pittsburgh liberal forces failed to secure a majority to push a constitutional amendment erasing racial barriers. Delegates postponed the amendment amid behind the scenes maneuvering after a 1 a.m. meeting, with debate shifting to changes in the voluntary plan affecting the central jurisdiction, which includes 375,000 Negro members.

Pittsburgh The Methodist Church Dean Richardson Buffalo N. Y Richardson Commission On

Marion post office cuts hours in economy drive

Postmaster John H. Pazour says Marion window hours shift 8 30 a m to 5 p m with money orders 9 a m to 5 p m. No parcel post delivery on Wednesdays and no money orders on Saturdays. Residents urged to mail early. late day mail may not process until next day. Part of nationwide Post Office economy drive.

Pazour Post Office Department Cedar Rapids

Car Bicycle Crash Injures Local Man at Encampment Night Ride

Joseph A. Drakash, 68, of 823 Sixth Street SE, sustained minor knee injuries when his Centennial Encampment bicycle collided with a car at Third Avenue and First Street SE. He received treatment at St. Luke's Hospital and was released. Driver Mary K. Tuel, 824 Fourth Street NW, faced no charges.

Joseph A. Drakash Sixth Street Third Avenue First Street SE IOOF St.Luke’s Hospital Mary K. Tuel Fourth Street NW

C R Motorist Fined In City Court Case

Norbert J. Casey age 44 of 1624 Seventh avenue SE was fined $100 and costs in municipal court Monday for leaving the scene of an accident. Police said Casey drove off after his car hit a parked vehicle in the 800 block of Fifteenth Street SE Saturday at 3 15 a m Judge Howard McLaughlin imposed the fine.

Norbert J. Casey Seventh Avenue SE Casey Fifteenth Street SE Howard McLaughlin

Local youths enlistments and promotions across services

David L. Hoover seventeen of 1244 Twenty first avenue SW has enlisted in the Marine Corps and underway at San Diego recruit depot for basic training. Airman Apprentice Ernest R. Cooley son of Mr and Mrs Wilford Cooley Pale Route One on 14 day leave en route from San Diego naval training center to a Georgia base. Gale J. Welzel son of Mr and Mrs Gale L Welzel of Postville promoted to specialist fourth class in the Army Signal Corps at Fort Buckner Okinawa.

Howard G. Burns Fort Leonard Wood Clayton Burns Twentieth Street Burns Fort Wood David L. Hoover Twenty-first Avenue Marine Corps San Diego Ernest IR. Cooley Wilford Cooley San Diego Naval Training Center Georgia Gale J. Welzel Gale L. Welzel Postville Army Signal Corps Fort Buckner Okinawa

Donkey Fined at Railway Platform in India

A donkey trespassed on a railway station platform in Ghaziabad and was fined five rupees. The owner who appeared to claim the animal was also fined and ordered to pay the donkey's fine. An event notice mentions a festival club meeting Tuesday at 7:45 p.m. at Mrs. Robert Peskey's home.

Balster’s Ghaziabad India Robert Peskey

De Gaulle Receives Pompidou In Paris Meeting

Paris AP reports President de Gaulle, resuming office routine, held a 45 minute Saturday meeting with Premier Pompidou. The encounter underscores ongoing government work as the two leaders discussed state affairs in the French capital.

Paris de Gaulle Premier Pompidou

Cutback in Post Offices in Small Towns

Rural and small town post offices may keep Saturday money order service if no extra clerical hours are needed and no real reduction in staff results. The St. Louis orders apply mainly to single window offices and allow continued service upon postmaster certification, with many orders not issued until Monday. Patrons should check with local postmasters.

St. Louis E. R. Petro Cedar Rapids Petro

Spectator in Senate Gallery Is Rejected

In Washington a Black spectator was ejected from the visitor gallery after rising to denounce the Senate’s civil rights bill. He challenged the debate and asked how officials could claim to aid the Black man with so few senators present as attendants escorted him out.

Washington Senate Smathers D-Fla

Hughes Opens D. M. Headquarters Campaign

Gov. Harold Hughes announced he would share state financial and legislative data with all gubernatorial candidates. He opened his Des Moines Savery hotel campaign office with no single campaign boss, instead farming tasks to volunteers statewide. Opponents include Atty. Gen. Evan Hultman and Robert Dilley of the Conservative American Independence party.

Des Moines UPI Harold Hughes Hughes Evan Hultman Robert Dilley American Independence Party Savery Waldo Wheeler Commerce Commission

Girls State delegate named by American Legion auxiliary

MAYNARD Stephanie Steege, daughter of Mr and Mrs Victor Steege, has been chosen as a delegate to Girls State by the American Legion auxiliary.

Maynard Stephanie Steege Victor Steege American Legion Auxiliary

Public Hearing on School Auditorium and Kitchen Contracts

Notice of a 7:38 p.m. public hearing on May 1 in Cedar Rapids Iowa under Section 23.2 for the adoption of proposed specifications and contract forms for auditorium gymnasium homemaking kitchen cafeteria library and science room lockers at War G Harding Junior High and William Howard Junior High. Plans and specs available at the Board of Education Building 346 Avenue Southwest Mondays through Fridays 8:00 a.m. to 5:00 p.m. CST. Dated May 1964 by E. W. Lundquist Secretary.

War G. Harding William Howard Cedar Rapids Iowa Board of Education C.D.S Direc Cedar Rapid BS E. W. Lundquist

Hearing on water withdrawal permit Linn County Iowa

Notice from L Anderson Inc seeking a permit to withdraw up to 10 acre feet per year at 1.67 cfs from a gravel pit on Orval Washburn land in the SE quarter of Section 9 T86N R7W Linn County Iowa for industrial use. A hearingBefore the Water Commissioner will be held at 1 00 PM May 19 1964 at the State House Des Moines. Written appearances must be filed by May 15 1964.

Iowa Natural Resources Council State House Des Moines Iowa L. Anderson, Inc Orval Washburn Linnay Water Commissioner Louis F. Gieseke

Cedar Rapids council set to hear property sale terms May 20

Public hearing before the Cedar Rapids City Council on May 20 at 8:30 a.m. in City Hall Chambers addresses disposition of river bank property to DeS Building Company Inc. The agreement includes a $1,300 purchase, a ten year window to repurchase with options up to 25 years, payment for sewer extension, and a permanent easement for river bank construction and maintenance. Publication dates April 27 and May 4, 1964.

Cedar Rapids Iowa Smith Carpenter Magnus Linn County Des Sms. Company, Inc Des Buildin Company Ctty D & S. Building Company, Inc D & S Building Company, Inc D & S Building Company City of Cedar Government Carpenter's F. Dinnection D & 3 Ding Company, Inc Schaefer May Chen Cedar "Rapids

Palo Savings Bank Balance Sheet April 15 1964 Iowa

Financial snapshot for Palo Savings Bank of Palo Iowa shows assets totaling 1 201 725 40 including cash balances and government obligations. Liabilities include demand deposits 552 977 52 time and savings deposits 1 053 223 40 and capital accounts 25 000 00. Officers Mixson Nissen Haynes Clark certify the report sworn April 30 1964.

Palo Iowa United States E Biliti Barberarins Corey Is Corporation United States Goves Fll Tates Politi- 4 Coats Sh Commnan Moranda Pow Mixson Eeerick ‘Nissen Poe

Also Mentioned on This Page

Lamson Brothers A. G. Hoelzen Merchants National Bank Edbesteeves Ryemey Settee Ee Ebedes Lone Star Associated Press Chicago Livestock Hogs Sioux City Livestock C. R. Markets Adj Morris Katz Investors’ Guide Marion John H. Pazour Wilson Beauty Salon John R. Larkin Twelfth Street John G. Larkin Milwaukee Railroad Paul Larkin Alice and Helen Larkin Bernie Masterson and Sons Park Ridge Ill E. G. Rolls Englewood Calif George Strappel Milton Pflughaupts J. M. Gibneys Charles Burkarts Marion’s Marion's Linda Allison Patricia Reader Janet Kissling Janet Karen Reader Linda Wild Marion Area Gazette ‘Marion Tenth Street YMCA Marion Branch Ken Raue Smith Station 7Th Ave Sorg Pharmacy Marion' S Board of Education Gene DeYoung Fred C. Duncan Hazel P. Duncan Eighteenth Street Springville Robert Hargis Wheaton Cleve Bennett First Methodist Church Lloyd C. Kellams Hunte Goodrow’s 5Th Ave Dennis Cerouse Marion High School James Risk Baltimore Crouse Donald D. Thompson Edgemont David Baer Thirtieth Street Norma Jean Wilson’s Beauty Salon Norma Jean’s 12Th Street Marion Baseball League R.E.C Boston Kenwood C.O.P. Club N. F. Sorg Jacobus Gorter Hallmark Cards Adv Martha Circle Methodist WSCS Myrtle Gerrans James Knapp St. Luke’s Hospital C. R. Man C. R C.R Irwin Gov. Hughes D. M State Bank No Palo Savings Bank Howard W. Mixson Frederick T. "Hissen Curtis T. Hayes L. F. Clark State County of Linn Nts Neva Carr Pulette PRIN Trades Uanth Council Sehera House Cla Chicago & Randolph
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