Market Review Reflects Downtick in Major Stocks
New York markets softened as Du Pont General Motors and American Telephone slipped amid looming Du Pont GM holdings changes and antitrust scrutiny at AT&T. Dow Jones industrials fell 9.68 points rails 2.29 and utilities 0.39 with lower volume near 19.2 million shares.
MENTIONED IN THIS ARTICLE
New York
UPI
du Pont
General Motors
American Telephone
Wall Street
Supreme Court
du Pont-Gm
Justice Department
American Telephone & Telegraph Co
At&t
Dow Jones
Rails
Utilities
Ford
Ford Foundation
Texaco
Gulf Oil
Woolworth
American Home Products
Cedar Rapids hog market steadies with varied prices
Cedar Rapids hog market prices held steady on Saturday with Friday bids at 15.50 to 16.35 dollars and a few at 16.50. Packing sows under 300 pounds quoted 14.00 to 15.00, while heavier butcher and packer categories showed weight-based reductions per 10 pound increments.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Des Moines
UPI
Poultry and Egg Market Update with Grain Prices
Poultry prices show broilers at 13 cents per pound for 3% hens and 12 cents for underweight birds, with larger hens at 6 cents. Egg market lists large eggs at 23 26 cents and mediums around 22 cents. Grain quotes include No 2 yellow corn at 1.03 and soybeans at 2.85, oats at 62 cents. Higher prices noted for plant delivered eggs.
MENTIONED IN THIS ARTICLE
Ste
Local business moves across Eastern Iowa region
Strawberry Point crews start a front on a building once Jessen's market site now owned by Dr J J Hotz with interior remodeling for offices. Fortsch buys Rundle share forming Al's Feed and Livestock. Columbus Junction converts an airport hangar to a supermarket north of town on Highway 76. Decorah Holt Dairy manager Carl Lovien to Rochester office. What Cheer cafe sold to Dean Utterback near Sigourney after 5 years. McGregor Heights Hotel opens with Ethel Washburn as manager. McGregor Boaters adds three new carri-craft boats to its fleet.
MENTIONED IN THIS ARTICLE
Strawberry Point
M. D Allen
J. J. Hotz
Otto Fuehr
Jessen’s Market
Columbus Junction
R. C. Smith
Ralph Oak
Decorah
Carl T. Lovlien
Holt Dairy
Rochester
What Cheer
Harry Hilderbrand
Dean Utterback
Sigourney
Utterback
McGregor
The
Ethel Washburn
McGregor Boaters
Richard Myers
Markets Close for Memorial Holiday in 4-day Weekend
Major stock and commodity exchanges plan a four day Memorial holiday. The New York American and Midwest exchanges and all futures markets will close Monday and reopen Tuesday for the regular Memorial observance. The New York produce exchange Chicago and Western grain markets will stay open Monday but close Tuesday.
MENTIONED IN THIS ARTICLE
New York
UPI
Midwest Stock Exchanges
New York Produce Exchange
Chicago
Produce Exchange
Bank Clearings In Cedar Rapids May Week Totals
Bank clearings in Cedar Rapids for the week ended May 26 totaled 8.08 million dollars versus 7.95 million the prior year. The week ended May 19 reported 9.05 million dollars in total clearings.
MENTIONED IN THIS ARTICLE
Cedar. Rapids
Withholding Interest and Dividends Could Be Embarrassing
The Kennedy plan for a 20 percent withholding tax on interest and dividends would force banks and corporations to deduct taxes before payout. Tax evasion would become visible via a dual reporting system and may push millions to report previously unreported income. Secretary Dillon says $25 billion escapes taxation yearly.
MENTIONED IN THIS ARTICLE
Congress
Kennedy
Treasury
Bank
Savings and Loan Institution
Building Loan Corporation
Uncle Sam
Secretary of the Treasury
C. Douglas Dillon
Also Mentioned on This Page
Market Review
David Deitch
Chicago Livestock
Iowa
C. R. Markets
Cedar Rapids
Todey
Keller
2Nd Ave
Ian Onde
Eavy
EGG Market
Eastern
Iowa Business News
Allen Fortsch
John Rundle
Rundle
Fortsch Livestock Dealers
Economical Gazette
F.S. and
L.I.C
First Avenue
Allis-Chalmers
Cherry-Burrell Ee
Clinton
E Collins Radio Ween
Consolidated Foods Sereneew
Craig Systems
Eagle Food Centers
Grace W R Co
Inter-Ocean
Inter-Ocean Sec
Inter-Ocean Sec. Ofd
Elec
Powelowaa
Eli Ofd
Owaublic Seinols Gas An Ce Ath Wera
Southern Utilities
Life Investors of
Ee Eueeend Robbins
Wilson Wweryerhseuser Co
Younker
Brossane
Maytag
Maytag Co
Newton
Washington
Sam
Canada
Belgium
Denmark
Olland Bendia
Exico Ly
Mercedes-Benz
Securities Corporation of Iowa
Merchants National Bank
Russell Knapp
Dorothy Hovey
Ledjen Hills
Ely
A.R.A
8Th St. SE
Cove Trucks
Balsade
Rock Trucks
L Street
Crandic
Iowa City
Heer Crandic News
WMT
U.S.A
America
U.S
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