Stocks Fall Amid War Tensions and Holiday Slowdown
New York stocks slipped late Monday as anxiety over the Gaza conflict Vietnam and the international scene weighed on sentiment. Major losers included Xerox Polaroid Control Data American Airlines General Electric United Airlines Raytheon and others while Essex Wire rose on acquisition buzz for Chicago and North Western.
MENTIONED IN THIS ARTICLE
NEW York
Tarket
Gaza Strip
Vietnam
Xerox
Polaroid
Control Data
American Airlines
General Electric
United Air Lines
Raytheon
Essex Wire
Hogs Steady To 50 Higher In Chicago Receipts
Chicago hogs held steady to 50 cents higher with slaughter steers steady to weak and sheep steady. Cattle and calf bids ranged with prime to high choice steers at 27.00 to 27.50 and low to mid 20s for other classes. Iowa hogs in Des Moines showed fair activity with bids 25 to 50 cents above Saturday.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Livestock Chicago
USDA
Iowa Hogs Des Moines
UPI
Air Force freezes up to 3700 regular officers from active duty
The Air Force freezes up to 3700 regular officers from active duty as they seek to retire or resign. Delays in retirements or resignations may last up to a year and cover officers from colonel downward. The measure aims to ease veteran pilot and officer shortages.
MENTIONED IN THIS ARTICLE
Washington
Air ‘Force
Coronel
Air Force
Grains Fall on Weekend Rains in Chicago Market
In slow trading Monday, major grain futures eased after scattered weekend rain. Wheat slipped 3 to 4 percent, corn down 1.4 to 2 percent, oats off 4 to 12 percent, rye mixed, soybeans down about 4 to 4.5 percent. Cash grain prices in Chicago show No 2 hard and yellow corn at about 1.39, oats around 1.39, soybeans near 2.89.
MENTIONED IN THIS ARTICLE
Dan Am
Francis Iest Pont Poe
Rif
Ateam
PennDixie
Beatrice
Eoods
Penney
Pennzoil
PepsiCo
BOM
Consolidated’ ‘Foods
Isher
Pfizer
Eac
H Guardsman
Phila el Wa
Interstate P
Phil Rdig
Ks Own Electric
PhilMorr
Towa
Link-Bei
Miehle G. D. Iy
Ats
Zark
NEW York (Ap
New York Stock Syntec Exchange
Feo
Pacific
Ta Raytheon
Reich
Abbott Lab
ABC
RepubSt
Oat Sava jRevion
Ind
Glen
Ava
U.S
Rohr Co
Rovccola
West Vnl
RyderSys
Dale
Giwsug
iGreyhound
Amerada
Elvarie iSunstaur
Airlin
AmAirlin
Bosch
la Schenley
St Shue
Halliburt
I Schering
SB Harris
Ecent Dale
aPay Sears Roe
Sharon
Sinclair
Beteker Jae
T&t
South Co
Pebruare
Ampex Corp
South P
ingerRand
Lata Sejls NoAm
Seerry Rand
Armco
Atchison
Fae —Ita Intl Packers
Saaioh
Atlas Carp
Tennt
UPI
Avon
Sales Jewel Co
JohnMan
Studebak UN
John Jonn
Swift Co
Jonnegan
Swift Cowi
Beaunit
Aa Jones L
Reechar
Beckman
Omaha Livestock Bell
A. Kaiser al
Tampa
Omaha
Slaughter Bendix
KayserRo
Tektronix of
Pry
Feeder
Benguet
Kennecott
Oo Teledyne Inc
Fisome
Ty Kerr
Texaco
KimbCik
Borden
Koppers
BorgWar
Ag Kresge
Cragg
Texaginst
Janalas
Heifers
End
Agngice
Com- Brunswick
Lear Sieg
Thiokol
Bulullard
My Ag
Lenman
Ae Transamer Teanswalr
Lofgis
Transitron
Ssi
Burroughs
Sioux City Livestock Iliggett&m
Sioux City Eitfonia
Twencen
Cal Finant
Slaughter
Slaughter Canteen
Es Carrier Cp i
Cenca Ins
Cedar Rapids
Marathon Mar Mical
Chris Craft
Chrysler
Merck
Col Palm
Gala Wiz Fea
Asa Ea
ComSaly
Iz wWeuniel
Jove Bote
Westsat
Weelworth
Ian
Cooper
Associated Press
Crownle Cruest
Curtis P
Ramat
Domevin EO
Ames Duke
auPort
EastairLn
Eleores
Leghorn
Ayine Sc
Chicago
Lamson Brothers Old Cockear
Eng Johnson
ErieLack
EthylCorp
Evans Pd
Evershare
Wosi
East Hill
FMC
GenDynan
Fesen
Savbeans
Chicago Produce Prices and Market Notes
AP reports wholesale prices for poultry eggs butter and potatoes in Chicago and New York markets. Prices are mostly steady with varied ranges for eggs whites and yolks, butter, and potatoes. several shipments and arrivals are noted, with demand described as fair and supplies moderate to ample in different regions.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U.S
Idaho
NEW York Produce
New York
Creamery
Hydro Space Co Elects Two New Board Directors
Hydro Space Systems Co stockholders elected two new directors at the Cedar Rapids annual meeting. New directors are Dr. R. D. Hunting of Cedar Rapids and Gene Kieffer of Des Moines. Existing Cedar Rapids directors Roger J. Pierce Dennis L. Fredrickson Theodore A. Johnson and Dale Ott of Charles City also serve. Pierce, the president and chair, forecast a bright oceanography future with a large backlog of business. An annual report will be compiled in November. the firm focuses on oceanography and space research development and manufacturing.
MENTIONED IN THIS ARTICLE
Hydro - Space Systems Co
Cedar Rapids
R. D. Hunting
Gene Kieffer
Des Moines
Roger J. Pierce
Theodore A. Johnson
Dale Ott
Charles City
Pierce
Washington seeks new trial after assault conviction
George E. Washington 20 of 902 Fifth Ave SE filed for new trial or acquittal alleging the presiding judge failed to give a mandatory jury instruction on self defense. Foreman Harold J. Wilson swore the jury convicted without proper instructions on four elements of self defense. Washington was convicted of intent to commit great bodily harm for shooting Mack R. Gibson in the stomach with a .25 caliber pistol at 1124 Eighth St SE on Oct 25.
MENTIONED IN THIS ARTICLE
George E. Washington
Fifth Avenue SE
Linn County
Harold J. Wilson
Washington
Mack R. Gibson
Darwin E
Eighth Street
Jordan Denies Drunk Driving Charge in Court
Carl L. Jordan, 43, of route two Marion, pled innocent before Judge B. J. Maxwell to a drunk driving charge. He was arrested in the 1400 block of Second Avenue SE on May 21.
MENTIONED IN THIS ARTICLE
Carl L. Jordan
Marion
B. J. Maxwell
Second Avenue SE
Supreme Court to Hear Writ of Certiorari on Scheetz Case
The Iowa Supreme Court scheduled a Wednesday hearing at 10 am to decide whether to issue a writ of certiorari for Oscar Scheetz Jr amid a lewdness charge. The session will be in the Iowa Law Building courtroom at the University of Iowa in Iowa City. Scheetz’s court-appointed attorney Fred Dumbaugh filed the petition claiming Judge William R. Eads exceeded jurisdiction and set an unlawful bond.
MENTIONED IN THIS ARTICLE
Scheetz
Dumbaugh
Lin
Iowa Supreme Court
Oscar Scheetz, Jr
Iowa Law, Building
College of Law
University of Towa
Iowa City
Fred Dumbaugh
William R. Eads
Supreme Court
Eads
Schrimper Elected by Shorthand Reporters
John W. Schrimper elected president of the Iowa Shorthand Reporters Assn at its Des Moines annual meeting. Several district reporters attended including Sonja Hoag of Cedar Rapids and Evelyn Hamiel of Tipton.
MENTIONED IN THIS ARTICLE
John W. Schrimper
Fortieth Street
Iowa Shorthand Reporters Assn
Des Moines
Linn County Grand Jury
Eighteenth Judicial District
Sonja Hoag
Cedar Rapids
Evelyn Hamiel
Tipton
Linn
Jones
Cedar Counties
Basile and Fletcher Named To MNB Board
C M Basile and William C Fletcher were elected to Merchants National Bank board. Honorary members named: E J Lattner and Ray Mills. Basile leads Link Belt groups and chairs several organizations. Fletcher leads Rapids Chevrolet and holds civic posts. James E Coquillette announced a 100 percent stock dividend approved May 22.
MENTIONED IN THIS ARTICLE
C. M. Basile and
Fletcher
MNB
Merchants National Bank
C. M. Basile
William C. Fletcher
E. J. Lattner
Ray Mills
Basile
Link- Belt Speeder Co
Cedar Rapids
Link-Belt Spa
Milan
Italy
Link-Belt Speeder Co., Ltd
Woodstock
Ont
Link- Belt Co
Chicago
Link-Belt Speeder Co
Mexico
Construction Machinery Assn
American Road Building Assn
The
Chamber of Commerce
Rapids Chevrolet Co
Chevrolet Dealers’ National Planning Council
Cedar Rapids Chamber of Commerce
YMCA
Mental Health Center
Exchange Club
James E. Coquillette
Bank
Justice Receives Data Processing Award
Philip Justice Sr. of Marion Iowa receives a certificate in data processing from the Eastern Town chapter of the Data Processing Management Assn. He is a 1962 University of Iowa graduate and former Collins Radio employee, now vice president and director of Executive Data Systems in Cedar Rapids. David H. Shaffer, president of the association, announced the award.
MENTIONED IN THIS ARTICLE
Philip Sr. Justice
McGowan Boulevard
Marion
Eastern Town
The
Data Processing Management Assn
University of Iowa
Collins Radio
Justice
Executive Data Systems, Inc
Cedar Rapids
David H. Shaffer
Management Association
Luther Choir Begins West German Tour
The 63 voice Luther College choir arrived in Frankfurt for a tour across West Germany Norway and East Germany The group aims to sing in the church at Wittenberg once key access is secured The choir comes from Decorah Iowa with historic ties to Martin Luther and his 95 theses.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
UPI
Luther College
West Germany
Norway
East Germany
Luther
Decorah
Iowa
Wittenberg
Martin Luther
Also Mentioned on This Page
Chicago & North Western Railroad
Handy & Harman
Eastern Air Lines
General Dynamics
General Motors
McDonnell Douglas
American Stock Exchange
C.A
Amer
Yous
Ugo
Lees
Merrie Kerr
C.R. Markets
Hydro-Space Co
Sam Stone
Channel 9
Courthouse News
Warren J. Rees
Jordan
Schrimper
Dennis W. Bates
Garden Grove
Calif
Anamosa
Hayden, Stone, Inc
Karen M. Pope
Thomas Hart
Troy Mills
Philip Justice
Dodge Manufacturing
Emerson Electric Co
Dodge Manufacturing Corporation
New York Stock Exchange
Irom
First National Bank of Chicago
Dearborn Street
Marine Midland Grace Trust Company of
Broadway
N.Y
G. H. Walker & Co
South
la Salle Street
St. Louis Union Trust Co
Locust Street
St. Louis
Broadway and Locust St. Louis
Scherck, Stein & Franc, Inc
Olive Street
National Securities Exchange
National Association of Securities Dealers, Inc