Auto Shares Drop Market
New York stocks closed lower as auto shares led the decline with General Motors and Ford down in late trading. Chrysler fell more than a point while Du Pont dropped three and Sears, Roebuck two. IBM trimmed a five point loss to about three amid broad selling. Volume reached about 6.3 million shares. Brokers cited a financial article suggesting auto sales rates may still be high but likely to fall further. Furnished by Lamson Brothers.
MENTIONED IN THIS ARTICLE
General Motors
Ford
Chrysler
du Pont
Sears, Roebuck
IBM
Fluorescent extension drop light and home repair aids rolled out
Ed Morse reports new consumer items including a cool burning fluorescent extension drop light from Unique Products Corp of Baltimore. Aqua-Dri Plus epoxy fortified vinyl concrete mix by Silica Products Inc of New York aims to patch steps and driveways. SCM Corp debuts Marchant Two Step calculator improving multiplication. Add-a-Deck poolside patio by Superior Industries of West Haven offers elevated backyard access. Conax Corp of Buffalo unveils a one gallon beer tap cartridge system. Wafa Corp of New York markets an automatic home fire and intrusion alarm linked to police and fire departments with Westinghouse parts. Ingraham Co of Bristol sells a one minute stop watch for kids priced at 4.98.
MENTIONED IN THIS ARTICLE
New York
Unique Products Corp
Baltimore
Silica Products Inc
Wafa Corp
Wafa
Westinghouse Electric Co
Ingraham Co
Bristol
Livestock Prices Quick Tally From Omaha Chicago Markets
Hogs 5 500 head, butchers steady to 126 higher, 190 220 lb butchers 21 75, 230 260 lb 20 75 21 25, 350 650 lb hogs 18 50 19 00. Cattle 600 noted, calves 10, slaughter steers and heifers strong, 1 100 lb steer group 27 00, mixed lots 25 50 26 25, 900 1 250 lb 23 00 25 50, cows 14 50 16 50, bulls 17 00 19 50. Sheep 100 head, steady, lambs 27 50, ewes 4 50 6 50. Omaha receipts 2 000 cattle, trade active, slaughter steers and heifers steady to strong, top 25 50 26 25.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Des Moines
UPI
Desmand
U.S
U. S
Barron Motor Supply
Baxter Motor Imp Ca
City of CR Police
OD & S Glass
Hogan
Harold Schafer
Mildred Titus
Sieg CR Co
W Sweeting
Fee R W Carmen
Fee C
Ll Floyd
Elmer R Ward
C L Floyd
T W Sweeting
Donald H Cover
Walter H Grant
Robert C Nelson
John B Reilly
Harry Terpstra
Harold D Vietor
Poor— Barron Motor Supply
Bowman Cattle Co
Edward Don & Co
Hogans
Lowa Elec Light & Power
Abe Kacere
Rent
K & M Pharmacy
Merle Kafer
Walter Knoebel
R Kuel
Rozella Manning
Care
Keep Me Too
Food Store No 2
James F.nisley
Misc Peoples Bank & Trust
Sanitary Farm Dairies
Sun Mart No 5
John Sykora
Myrtle Thomas
Rent Winkley Co
Med Aid
Arthur E Barnes
R L Swaney
Hawkeye Livestock Auction
State Institution
Helen McCullon
Care & Keep
Ralph Richmond
Cecil L. Moon
Iowa
Armco Metal Products
Bob's Blacksmith Shop
Herman M Brown Co
Town of
Center Point
Cohn & Sons Inc
Des Moines & Rim
Gulf Stop
Iowa Ill Gas & Elec
Stoddard
Trans Lowa Equip Inc
Waltons Standard
Kenneth R Williams
Shah of Iran Arrives in Canada for State Visit
The Shah of Iran arrived in Ottawa from New York to begin a week long state visit to Canada. He will meet with Canadian leaders andTour details were not immediately disclosed.
MENTIONED IN THIS ARTICLE
Shah of Iran
Canada
New York
Weyerhaeuser Board Elects E. W. Rawlings
Edwin W. Rawlings of Minneapolis, president of General Mills, was elected to the Weyerhaeuser Co. board. Edmond M. Cook of Moline, Ill., was reelected among 14 directors. The board size shrank from 18 to 15 after three retirements at the Tacoma meeting.
MENTIONED IN THIS ARTICLE
Edwin W. Rawlings
Minneapolis
General Mills
Weyerhaeuser Co
Cedar Rapids
Edmond M. Cook
Moline
Ill
Tacoma
Church leaders back talks to unite Church and Methodists
London AP reports bishops and clergy of the Church of England voted overwhelmingly on Wednesday to continue negotiations toward forming one church with the Methodists.
MENTIONED IN THIS ARTICLE
London
Church of England
Hogs Steady To 25 Higher Amid Friday Estimates
Chicago bids show 4 500 cattle 5 000 hogs 200 sheep to be received Friday. Hog trade mostly steady to strong with top hogs at 22 25, Des Moines reports steady to 25 higher. bids for various hog weights range from 18 75 to 21 25 with sow prices 15 50 to 18 75.
Sioux City Livestock Cattle Receipts Steady Trade
UPI dispatch reports Sioux City cattle receipts at about 3 000 with calves around 50. Trade fairly active. Slaughter steers fully steady to strong and heifers steady with choice steers 25.50 to 26.75 and choice heifers 25.25 to 26.00 per hundredweight.
MENTIONED IN THIS ARTICLE
Sioux City Livestock
Sioux City
UPI
Cedar Rapids Hog Market Steady Prices Listed
Prices on the Cedar Rapids hog market Thursday were steady with Wednesday quotes for bulk 200 to 230 lb butchers at 20.00 to 20.35 and packing sows 300 lb and down at 17.50 to 17.75. Weight-based discounts apply. butchers and packers incur reductions for heavier categories, with grain and poultry prices also noted including corn at 1.25 rail and poultry lines for heavy breed hens and leghorns.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Soybeans Rally After Early 4 Cent Drop
Old crop soybeans rallied from a four cent drop as traders noted demand, lower stocks and an anticipated bullish crushings report for April. Prices finished with soybeans up 36 to 13g lower while wheat, corn, oats and rye showed mixed declines and gains.
MENTIONED IN THIS ARTICLE
Chicago
Grain futures prices in Chicago market report
Chicago cash provisions show No 2 hard wheat 1.45 4n No 2 red 1.43 4n corn No 2 yellow 1.38n oats No 2 heavy white 73 1n soybeans No 1 yellow 2.82 4n soybean oil 10.10n.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Potatoes Market Report Shows Slow Demand
AP dated market bulletin notes arrivals 38 on track 98 and total U S shipments 770. Wisconsin rus carlot sales at 7 50 with new supply moderate and demand slow. California long fee 7 75 and Alabama round reds 6 60 to 6 75.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U.S
Wisconsin
New York Produce Prices and Demand for Dairy and Eggs
Butter ample with steady demand and unchanged prices. Eggs abundant with quiet demand. standards 26 21 27 2c. checks 22 23c. Whites run from extra fancy heavy weights 28 2 30 2c to fancy heavy weights 28 30 2c and medium 23 2 25c. smalls 18 2 19 2c.
MENTIONED IN THIS ARTICLE
New York
USDA
Iowa House Approves Capital Improvements for Parks and Forests
The Iowa House passed a bill by a 104 to 0 vote authorizing 2,745,230 dollars for the Conservation Commission to fund capital improvements in state parks and forests and on state owned lakes for the coming biennium. The measure moves to the governor for approval.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa House
State Conservation Commission
House
Iowa Senate OKs Property Tax Protest Deadline Extension
DES MOINES UPI A bill to push back the property tax assessment protest deadline to June 20 for 87 counties named disaster areas by the federal government cleared the Senate by 46 to 1 and was sent to the House.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Iowa
Senate
House
Local Graduates Earn Degrees From Tulane and Marycrest
Graduates include Ann Adele Goerz daughter of Virgil and Mrs Finkenbinder of 2412 Fourth Avenue SE who earned a doctor of medicine from Tulane University New Orleans and Mary Casey daughter of James and Mrs Casey of 1624 Seventh Avenue SE who earned a BS in nursing from Marycrest College Davenport.
MENTIONED IN THIS ARTICLE
Ann Adele Goerz
Virgil Finkenbinder
Fourth Avenue SE
Tulane University
New Orleans
Mary Casey
James Casey
Seventh Avenue SE
Marycrest College
Davenport
Studebaker Sets 1966 Line Release For September
Studebaker Corp. announced the 1966 car line would be introduced in late September. Gordon Grundy, president of the Automotive Division in Canada, said the Hamilton Ontario plant would close for vacations and model changeover.
MENTIONED IN THIS ARTICLE
South Bend
Studebaker Corp
Gordon Grundy
Studebaker
Hamilton
Ont
Barbara Kulish
Wendl Ku
Marycrest
Kollege
Davenport
Ithe
Interstate Power Sells Bonds and Stock in New York
Dubuque based Interstate Power Co. sold 14 million dollars of bonds and 8.3 million dollars of 50 par stock by competitive bidding in New York. Underwriting led by Halsey Stuart and Co. won 30 year single A rated bonds at 99.784 with a 4.5 percent coupon. Preferred stock at 4.68 percent sold to financial houses at 50.459 a share. After SEC clearance, bonds and preferred are expected to be offered to the public at 100.404 and 59.869 respectively, yielding about 4.6 percent. The firm also raises 4.9 million by offering rights to 178,598 new common shares.
MENTIONED IN THIS ARTICLE
Dubuque
Hightower sentencing delayed for mental examination
Thomas Hightower 24 of 109% Twelfth Street NE was convicted of assault with intent to do great bodily injury for slashing his father Professor Howard Hightower of Coe College with glass on January 4. Judge William Eads ordered a mental exam and transfer to the Men’s Reformatory at Anamosa, with sentencing rescheduled for May 27. Also listed are two civil suits: Clarence E. Dilley v. Jay J. and Jay F. McNamara for 4689.33 plus interest and Dennis D. Fischer and Patricia A. Fischer v. Charles A. Perry and Marlena M. Perry for 1578.50.
MENTIONED IN THIS ARTICLE
Thomas Hightower
Twelfth Street
William Eads
Hightower
Anamosa
Howard Hightower
Coe College
Thomas L
Kathleen A. Lynch
Fairlawn
Marion
Clarence E. Dilley
Jay J
Jay F. McNamara
Dennis D. Fischer
Patricia A. Fischer
Charles A. Perry
Marlena M. Perry
White Receives Suspended Sentence on Check Charge
Harold L. White of 703 Wiley boulevard NW received a seven year suspended sentence for false uttering of a check. Judge Charles Penningroth suspended the term on good behavior and paroled White to the state board of parole after pleading guilty to passing a faulty $210 garage check in Cedar Rapids. He had earlier pleaded innocent.
MENTIONED IN THIS ARTICLE
Harold L. White
Wiley Boulevard
Charles Penningroth
White
State Board of Parole
Cedar Rapids
Morals Charge Dismissed Against Guy Wright in Linn Court
A morals charge against 57 year old Guy Wright of 1228 Oakland road NE was dropped in Linn district court. Wright had been indicted last August on lascivious acts with a ward. The dismissal followed the ward’s testimony that Wright had not molested her.
MENTIONED IN THIS ARTICLE
Guy Wright
Oakland Road
Linn District Court
Wright
Mechanicsville Woman Receives Suspended Shoplifting Sentence
Joyce Marie Buresh, 44, of Mechanicsville, received a six month suspended sentence in Linn district court on a shoplifting charge. She was charged January 22 with stealing several items from a discount store and must observe good behavior.
MENTIONED IN THIS ARTICLE
Joyce Marie Buresh
Mechanicsville
Linn District Court
Charles Penningroth
Jury Awards 4000 in Suit Over 1964 Accident
A district court jury awarded Delores Berger 4000 against Donald and Darlene Grant for injuries from an accident March 9, 1964 at highways 149 and 30. The suit sought 31536.
MENTIONED IN THIS ARTICLE
Delores Berger
Donald
Darlene Grant
Quasqueton Man Denies Driving Charge in Court
William Harold Sucher, 45, of Quasqueton, pled innocent in Linn County District Court to a drunk driving charge. He was arrested Tuesday by Hiawatha police on Highway 150 north of Hiawatha after officers said he drove erratically.
MENTIONED IN THIS ARTICLE
William Harold Sucher
Quasqueton
Linn
Sucher
Hiawatha
What is the American Stock Exchange and market basics
The American Stock Exchange is the nation’s second largest exchange at 86 Trinity Place New York City. Bullish means optimistic about market trends. bearish means pessimistic. Over the counter stocks are traded between brokers by telephone, not on an exchange. For beginners, request Understanding the N Y Stock Exchange from NYSE Dept SA Box 252 New York 5 N Y.
MENTIONED IN THIS ARTICLE
American Stock Exchange
Con. Edison
N.Y. Stock Exchange
Dept. SA
New York 5
N. Y
N. Y. Stock Exchange
Golf Ball Kills Child in Michigan
Sandra Toffelmire a 6 year old girl was struck on the head by a golf ball driven by her brother Richard 17 while she stood about 250 feet away near a football field in St Joseph Michigan She cried out then lost consciousness and died on arrival at a hospital the incident occurred Wednesday and authorities investigated the accident.
MENTIONED IN THIS ARTICLE
Sandra Toffelmire
Richard
Robert
Sandra
Printing House Group To Meet
The Cedar Rapids club of Printing House Craftsmen plans its May meeting at the Montrose hotel Friday evening. The session starts at 6 with a social hour, dinner at 7, then a program by Jahn and Ollier Co of Chicago and Printing Developments, Inc.
MENTIONED IN THIS ARTICLE
Cedar Rapids Club of Printing House
Montrose Hotel
Jahn and Ollier Co
Chicago
Printing Developments, Inc
Shir ley Temple Stowaway Friday TV Movie on KCRG
KCRG TV 9 presents Shir ley Temple in the film Stowaway airing at 4 PM Friday as the channel's 4 O clock movie feature.
MENTIONED IN THIS ARTICLE
Kcrg-Tv 9
Shirley Temple
Jakarta to Get More MIGs Says Suluh Indonesian
The Indonesian air force will receive more Russian MIG 21 jet fighters in the near future, according to Suluh Indonesian. The air force is already equipped mostly with MIGs.
MENTIONED IN THIS ARTICLE
Jakarta
Suluh Indonesian
Linn County Supervisors Approve Zoning and Road Requests
The Linn County Board of Supervisors meet April 27 1965 approving rezoning denial for Herb Simmons parcel and approving multiple plats with conditions. They authorize rights for Roy Bowman to lay a 2 inch plastic water pipe and sign a Xerox copier service agreement. Budget items include home stead credit adjustments and numerous county expense payments.
MENTIONED IN THIS ARTICLE
Board of Supervisors
Henderson
Linstrom
George M. Griffin
Eugene Clatterbuck
Harry G. Powell, Jr
North Linn Grocery
Troy Mills
Iowa
Roy Bowman
Linn County
Xerox Corporation
Monroe Corp
Monroe SD
Ree County
Cedar Rapids
Zoning Commission
Buehle ¥ Heights
Felows
Everton Road
Newkirk
Township
Range
St. P.M
Linn County Zoning Commission
Zonina Commission
Orville Edaburn
Edaburn
Wal
Forrest Rosset
Law
Marcella ‘Doyle
Rosser
Anthony R_. Scafaro
Also Mentioned on This Page
Financial and Market News
Motors
Lamson Brothers
A. S. Hoelzen
Merchants National Bank
By Ed Morse
SCM Corp
SCM
Marchant
Superior Industries Corp
West Haven
Conn
Conax Corp
Buffalo
DOW Jones
Francis J. DuPont & Co
Second Avenue
P.m
Kellogg
Kennecott
Allied Chem Alleghany
Kimberly-Clark i
Allis-Chalmers
Korvette
Alamo
Kresge
Am Air L
Kroger
Libby McNeill
Abc-Para
Libbey Owens
Lig & Myers
Litton
Lockheed
Lorillard
Am Motors
Magnavox
McDonnell
At&t
McKesson
Martin-Marietta
Maytag
Armco
Merck
Armour
Mmiehle Goss
Mini M&m
Enone Cork
Monsanto
Atlantic
Mont Ward
Motorola
Balt & Ohio
Ntl Biscuit
Bell & Howell
Nt Cash
Bendix
Ntl Dairy P
Ben Steel
Nti
Blaw Knox
NHS Gypsum
Boeing
Ntl
Borden
Tl Steel
Borg Warner
NY Central
Brunswick
Briggs
Pac i Burroughs Nor Am Av
Canada Dry
Otis Elevator
Owens-Iii
Pac G&e
Pan Am Air
Paramount
Cerro de Pasco
Park Davis
Penick & Ford
Cessna
Penn-Dixie
Ches & Ohio
Penna RR
Enney
Pepsi-Cola
Cago NW
Pfizer
Phelps Dodge
Cons Foods
Republic Steel
Revion Pig
Rexall
Reynolds
Reyn
Alde Corn Products
Royal Dutch
Corning Glass
St Joe Lead
Crucible Steel
St Regis Curtiss
Schenley
Eere
Scott Paper Oat Disney
Searle
Douglas
Sears Roe
St O Nin
Studebaker Gen Foods
Sunray Gen Mills
Swift
Texaco Gen Tel
Genesco
Tex Gulf Sulpho Getty Oil
Tex
Gillette
Glidden
Tidewater
Goodrich
Imken
Goodyear
Foxola Grace
Tractor Supply Grant
TWA
Gt Nor Pro
Union Carbide
Greyhound
Union Oil Calif
Gulf Oil
Union Pac
Hershey
Warner Bros
West Union Ad’ Es Intl
Harv
West AB Alia
Nickel
Westhouse Ul
Int Tel
Weyerhaveser
Intl
Paper
White Motors
Wilson & Co
lowa-Ill Gas
Woolworth
Pwr
Zerox
Johns Manville
Lowe
Mid-Ameca
Chicago Livestock
Omaha Livestock Omaha
Bates
Ottawa
Hogs
C. R. Markets
A.t.&t. Memo
Quincy
Interstate Power
Casey
Home Federal Savings and Loan of
Algona
Investors’ Guide
Sam Shulsky
ST. Joseph, Mich
Printing House
Proceedings OF Supervisors
Futre
Chas. T. Werner County
Morris
Pilsen
Yin Chae
New York Stock Exchange
Estos Henderson & Co., Inc
2Nd Sr. SE
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