Stocks End Higher In Moderate Trading Amid Mixed Gains
Stocks closed higher on Tuesday in moderate volume with gains in motors and steels leading. IBM and Polaroid rose about five points while Du Pont slipped after a weaker than year ago income report. Rails and oils edged up as the market shifted through a consolidation phase.
MENTIONED IN THIS ARTICLE
New York
Motors
Great Western
Puerto Rico
Chrysler
Youngstown Sheet
Jones & Laughlin
U. S. Steel
IBM
Polaroid
Xerox
du Pont
American Stock Exchange
Hogs Steady To 25 Lower Across Markets
Chicago and Des Moines curb reports show hogs steady to 25 lower with light demand. Slaughter steers remained steady with prices around 21.50 to 23.00, while cattle and sheep markets saw mixed movements and variable loads.
Cedar Rapids Hog Market Steady to Slightly Lower
Prices Tuesday ranged steady to a quarter lower with butchers 200 to 230 lbs at 15.00 to 16.15, few 16.25, 1s and 2s 15.50 to 16.15, packing sows 14.00 to 15.00, and weight-based discounts for larger hogs. Cattle and sheep quotes noted with reductions, poultry prices listed for various lots, including beans at 70c per 36 lbs.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Des Moines
UPI
Desmond
U.S
Cedar Rapids
Grain Exchange Mixed and Quiet in Chicago Trading
The grain futures market opened mixed and stayed mostly quiet in Chicago with brokers noting a large resting order flow that limited bulges and setbacks. Speculators shifted sides, exporters provided occasional support in corn and soybeans, and wheat rose about 4 to 1 percent while corn, oats, rye and soybeans posted modest gains.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Wheat and Corn Prices Report
AP notes Chicago grain quotes with wheat at 2.10 and corn mixed across grades No 2 yellow 1.24 to 1.25, No 5 yellow 1.19, oats and soybean sales absent. Soybean oil 1.23. marine choice secest appears as feed context.
MENTIONED IN THIS ARTICLE
Chicago
Secest Con Marine
Wholesale produce market recalls steady wholesale prices in Chicago
AP reporting USDA notes wholesale buying prices largely unchanged with steady demand for white and red potatoes. Michigan and California items show mixed availability. eggs and butter described as ample with fair to good demand and no price changes.
MENTIONED IN THIS ARTICLE
Suicase (Ap
USDA
Steaay
U.S
Alifornia
Caliornia
Alabama
Idaho
New York
Sioux City Livestock Prices Slip and Rise Across Classes
UPI reports cattle receipts at Sioux City around 6 500 with steady prices for steers and heifers and high choice to prime values seen in 950 to 1 430 pound ranges. MAHA cattle receipts total 12 000 with steer prices down 25 cents on heavier weights while heifers remain active and near 22 dollars per hundredweight for prime and high choice lots.
MENTIONED IN THIS ARTICLE
Joux City
UPI
Menger
Maha
Storm Strikes LBJ Ranch Damaging Texas Retreat
Storm rips Johnsons ranch in Johnson City Texas with golf ball to hen egg hail destroying shingles and windows. Roof damage reported at the vice presidents home as oak trees, barns, and paint are stripped. River flooding briefly isolates the site and cuts telephone lines.
MENTIONED IN THIS ARTICLE
Johnson City
Texas
Johnson
U.S
Bill Malechek
Pedernales
Iowan Killed in Highway 75 Crash
Sioux City AP reports Mrs. Gale Bainbridge 39 of Paulina was killed when her car left the highway and went into a ditch on Highway 75 north of Sioux City Tuesday.
MENTIONED IN THIS ARTICLE
Sioux City
Gale Bainbridge
Paullina
Highway 75
Here
Tornado Threat Dims as Iowa Sees Rainfall Record
Severe weather alert details funnel clouds seen near Audubon Rockwell City and Sibley with no damage. Rain totals exceed an inch in several towns including Clutter Estherville Ames Jewell Kanawha and Des Moines, followed by cooler air and partly cloudy skies. Temperatures nights mid forties to fifties with highs in the seventies forecast for midweek.
MENTIONED IN THIS ARTICLE
Associated Press
Iowa
Audubon
Rockwell City
Sibley
Estherville
Ames
Jewell
Kanawha
Des Moines
Mason City
Ottumwa
Dubuque
Davenport
Cedar Rapids
Postal Service Officer Arrives in Cedar Rapids
Art E. Witt, new postal service officer for eastern Iowa, arrived in Cedar Rapids to begin work. His office will be in room 226 of the post office building. He succeeds N. P. Vanderlinden, who retired in December. Witt transferred from Kansas City and had assisted in a Kansas City survey. He is a former resident of Chariton and Carlyle.
MENTIONED IN THIS ARTICLE
Art E. Witt
Iowa
Cedar Rapids
N. P. Vanderlinden
Witt
Kansas City
Chariton and Carlyle
Investors' Guide on Your Stock Mix and Market Worries
The author notes losses on two speculative issues and gains on others. He explains market highs last year pushed many in early 1960s into riskier bets and suggests diversifying into Treasury bonds insured savings tax exempt and dividend stocks with preferreds, leaving growth concerns to others.
MENTIONED IN THIS ARTICLE
Southern California Edison
General Telephone
Ford
Breeze
Korvette
Magnavox
Treasury
New Manager Named For Sunyside Alleys In Oelwein
Laverne Titus of Austin Minnesota named manager of the Sunyside bowling alleys in Oelwein succeeding Gordon Hanson.
MENTIONED IN THIS ARTICLE
Oelwein
Laverne Titus
Austin
Minn
Gordon Hanson
Country Club Additions Sold By McGowan Firm
The Thomas E. McGowan real estate firm completed a sale connected to country club additions. Details are fragmentary but confirm the transaction and listing.
MENTIONED IN THIS ARTICLE
Country Club
Thomas E. McGowan
Preliminary Work for 15th Street Paving Begun
City council begins paving project for Fifteenth Street from First to Fifth Avenue. Attorney Allen to start land negotiations for right of way and sidewalks. two councillors abstain. Education board supports paving. park and flood control plans discussed with Cedar Rapids and others.
MENTIONED IN THIS ARTICLE
15Th Street
Fifteenth Street
First
Fifth Avenue
Morris L. J.allen
Fifteenth
Ralph R. Mills
Wisconsin Firm Low Bidders on Equipment
Marion rural school board opened bids for junior high science and arts and crafts room equipment. Hamilton Manufacturing Co. of Two Rivers was the low bidder at 12426 dollars. The board also approved blacktop work by Bituminous Materials Co. of Marion for 7734.30 dollars at Indian Creek elementary. Sam Bacon of Hopkinton was hired as bus mechanic.
MENTIONED IN THIS ARTICLE
Marion Rural School Board of Education
Hamilton Manufacturing Co
Two Rivers
Wis
J. S. Latta Co
Cedar Falls
Logan and
Logan
Cedar Rapids
St. Charles
Birthday party honors Twila Rose Soden in Marion
A party held at the Frank Soden home celebrated Twila Rose Soden’s 10th birthday with 10 members, three guests and three leaders from the Bouncing Blue Bird group. Proceeds from a two day American Legion auxiliary poppy sale reached 477.64 dollars aided by Marion Rainbow Girls. A laundry ad notes new washers and a real estate line reports a Brockman Avenue building site purchase by Norman and Mrs. Andre of Littleton Colorado.
MENTIONED IN THIS ARTICLE
Twila Rose Soden
Frank Soden
Blue Bird
Camp Fire
Twila Rose
American Legion Auxiliary
Hubert Slocum
Marion Rainbow Girls Group
Norman L. Andre
Little‘ton, Colo
Brockman Avenue
McGowan
Roof collapses at Lisbon station kills 38
A new stone roof collapsed on a crowd at Lisbon's busiest railway station platform. Hospital officials reported 38 dead and 35 injured as a girder gave way and heavy blocks fell on travelers arriving from the seaside. Police denied a bomb cause. The disaster occurred on Salazar's 37th rise anniversary.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
UPI
Salazar
Also Mentioned on This Page
Abe
Lamson Brothers
A. G. Hoelzen
Merchants National Bank
DOW Jones Averages & Co
Francis É Wm
Jett Lake
Alipenen Gore
Johns Manville
Jones Penn
Alis Chaimers
K’necott
Abc-Para Am
Air
Ybe Kroger i
Kresge
Ibby McNeill
Ynamid
al Bby
Owens
Jomner Ms A & Myers
Am Motors
Natl
Philips Persi
Royal Dutch
St Joe Lead
St Regis
Artiss Wrimmons Co
Deer & Co
Astern
AL Pac Co
Kodak
Sou Railway
Ron M
Sperry Rang
Paso N Gas
Br Fairchild
Calif
Fremene St Ol Ind
Seay
Fre Fruel Rt
Gen Dynamics
Sunray of
Wift Co
En Preciete
Tex East Texaco
Tex Gulf
T&r
Tex
Getty
Gillette Co
Tidewater
Goodrich
Glidden Co
Ti Goodyear Tire
Uni Fox Flim
Ion Carbide Grant
Union Union Oil
Californac G Nor Ry Pr
Unie Aircraft
Aon
Greyhound
Uni Air Lines
Gulf Oil
Uni Frul
Hershey Choc
Univer
Homestake
Yvesum
U S Steel Us
Inland Steel
Warner Bros
Interst Pwr
West Union
Wes Ia
West’house
Nickel
White Motors
Wilson
Teb Lite Invest
Offee
Wan
Tonga
Bete U.S. Leber Dept
Santos
Chicago Livestock
C. R. Markets
I A
Sioux City Livestock
Omaha Livestock
Waterloo Hogs
Waterloo
Plur i Steaay. Itchers
Ibs. Sr
Storm
LBJ Ranch
Postal Service
Investors’ Guide
Sam Shulsky
Philadelphia
Jerome
The
Maan News
By Larry Tanner
Raymond Eckhart
Larry Martin
Allen
Martin
Fourteenth Street
Council
William Linstrom
John G. Vernon
City Park Study Committee
George H. Brewer
Hiawatha
Linn County
Indian Creek
Corps of Engineers
Cedar River
Salyer
Citizens Committee
H. R. Green Engineering
Green Company
Brewer
Marion Indian Creek
Marion
South Side
Public Works
Hall
St. Regis Paper Co
New York City
Mills
Broadston
Federal Deposit Insurance Corporation
Farmers State Bank
Marion and
Alburnett
Roy Cooper
Burlington Hospital
Sorg Pharmacy
Edison Pharmacy
Lloyd J. Bender
Twenty-first Street
St. Luke’s Hospital
Marion T.V
Sue Shefelbine
Silas Shefelbine
Albert’s
Sunshine Cleaners
YMCA
Marion Branch
Serle Deaver
Galbraith
Wisconsin
al Jbert
Sunshine
Adv
Dickey's
Veta
7Th Ave
10Th Street
Rand McNally Road Atlas
Don Weimer
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