The Changed Climate in Washington Under Dewey
Market uncertainty follows election as economists stress that Eisenhower era policies may continue through 1960. Analysts warn consumer spending, corporate investments, and bank conditions hinge on political stability and potential policy shifts, with fears of disrupted growth despite past momentum.
MENTIONED IN THIS ARTICLE
Hicago
Robert Cutler
Ola Colony Trust Co
Boston
Thomas E. Dewey
Sinclair Weeks
Washington
Dewey
Burgess
Homer J. Livingston
First National Bank of Chicago
ABA
Fred W. Florence
Republic National Bank of Dallas
Eisenhower
Hower
White House
James Canfield Named To Association Board
James Y. Canfield president of the Acme Greeting Card Company of Cedar Rapids was elected to the Advertising Specialty National Association board at its fifty second annual convention. Iowa peers R H McCleery Robert E Yaw W F Vernon H A Lufkin and Frank P Spikins also joined the 16 member body with Yaw completing a year as president and Vernon chosen as vice president for the next year.
MENTIONED IN THIS ARTICLE
Chicago
James Y. Canfield
Acme Greeting Card Company
Cedar Rapids
Advertising Specialty National Association
R. H. McCleery
Mount Pleasant
McCleery- Cummings Company
Robert E. Yaw
Souvenir Lead Pencil Company
W. F. Vernon
Vernon Company
Newton
H. A.lufkin
Newton Manufacturing Company
Frank P. Spikins
Frank P. Spikins Company
DeWitt
Yaw
Association
Vernon
Mechanicsville opens MT Vernon TV and radio store
Ken Blake of Mt. Vernon opens a TV and radio store in the Memorial building, expanding local retail offerings and signaling business growth in the area.
MENTIONED IN THIS ARTICLE
Mechanicsville
Ken Blake
Mt. Vernon
Market Review: Dow Drops as Ike Illness Sparks Uncertainty
Theodore Koslow reports a historic weekly stock market drop led by the Dow and rail indices amid news of President Eisenhower's illness. Despite a Monday spike and subsequent rally, overall volume plunged and analysts warn of continued uncertainty, while some expect tax cuts and dividend gains to support a rebound. Analyst Heinz Biel cautions that high prices and political risk leave stocks vulnerable despite a big paper wealth loss.
MENTIONED IN THIS ARTICLE
New York
INS
Eisenhower
Met
Heinz H. Biel
Emanuel, Deetjen and Co
Martin-Roasa Opens New Cedar Rapids Plant
Martin-Roasa Tractor and Equipment Company completed occupancy of its new highway equipment plant at 2600 Sixth Street SW Cedar Rapids. The facility serves 218 30 84 corridors and replaces the old 3117 First Avenue SE quarters likely leased to a grocery outlet. An open house will be announced and the plant's telephone number is 50551.
MENTIONED IN THIS ARTICLE
Sixth Street
Cedar Rapids
Martin-Roasa Tractor and Equipment Company
Hawkeye Downs
Martin-Roasa
Iowa
Missouri
Rock Island
First Avenue SE
Livestock Prices and Receipts Across Markets Mon
Unofficial Monday livestock receipts show hogs 11 000 cattle 23 000 sheep 3 000 in Chicago bids. Barrows and gilts 15.75 to 16.15 with sows 14 50 to 15 50. cattle steady to mixed with heavy weights weaker and cows up to 25. Sheep firm near 19. Des Moines reports Saturday receipts around 45 000 with top bids near 15 90 and varied weights for barrows and sows across ranges.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U. S
Eady
Des Moines
INS
Cedar Rapids
Tee
Eeseestrs
Salen
Creitae
Allis-Chalmers
Gherry-Burrell
Indus
Collins
Ollins
Commonwealth Bank & Fras Opeland
Cornell Paperboard
Kia Uc Curtis
Pruehaut
Gen. Pub. Util Inter-Ocean Reins
Inter-Ocean Sec. Corp. Com
Interstate Power Ownec
Iowa Elec
Iowa Gas & Elec
Iowa
Tepes Beltowa Southern Util
Bellumber
Meredith Publishing Co
National Oats
Nicholson
Abe
Northern Ll. G
Penick & Ford
Quaker Oats Co
Texas Gas
W.c.f.&n. Inc
Eeservers
Gas Industrie
Ass Invest
Ass Fareey 2d Fa Inc
Natl. Invest
Itebalting
Bectronte
Drewrys Wins Best 1954 Annual Report Award
In a fifteenth annual survey by The Financial World Drewrys Limited U.S.A. Inc. earned the bronze Oscar of Industry for the brewing sector. Carleton Smith, chairman of the board, will receive the award at the inward banquet in the Hotel Statler on October 24.
MENTIONED IN THIS ARTICLE
Drewrys
New York
Board of
Financial World
Drewrys Limited
U.S.A. Inc
Chambers Plan Spending to Attract Tourists and Industry
A Curtis Publishing survey shows Iowa chambers will spend at least 18 250 this year to draw visitors and business. Cedar Rapids and Council Bluffs chambers report 1500 for tourism and 10 250 and 5 000 for industry respectively. Solon State Bank remodels with open house Saturday and George Worrell named bank director.
MENTIONED IN THIS ARTICLE
Iowa
Curtis Publishing Company
Cedar Rapids
Council Bluffs
Chamber
Solon
Solon State Bank
George Worrell
Wall Street Bets On Dividends For 1955 Market Rally
Wall Street listening for test of last Monday's lows before a potential market advance. Analysts see higher prices supported by expected dividend boosts. Companies cited include Gillette American Home Products Reading Railroad Phillips Petroleum Deere & Company Paramount Pictures Southern California Edison Ohio Edison and others.
MENTIONED IN THIS ARTICLE
New York
INS
Wall Street
Gillette
Reading
Phillips Petroleum
Underwood May
Aluminum Ltd
British Petroleums
John Bull
Deere & Co
Ohio Edison
Hornblower
William R. White
Paramount Pictures
Southern California Edison
Chicago Rock Island reports August net income rise
Chicago, Rock Island and Pacific Railroad Company posts net income of 1,696,274 for August, up from 1,191,835 a year earlier with gross revenues of 17,321,768 versus 15,913,586. Beatrice Foods Company reports record quarterly sales and profits to August 31 with net income of 1,345,406 and sales of 82,034,988, up from 1,263,276 and 74,713,856 in 1954.
MENTIONED IN THIS ARTICLE
Chicago
INS
Chicago, Rock Island and Pacific Railroad Company
New York
Beatrice Foods Company
Royal Blue Market Moves to New Building in Monticello
Eastern Iowa brief notes that Richard A. Long relocates the Royal Blue Market to a newly equipped First Street building with updated fixtures. D D Hupp leaves Manchester Great Plains Supply to become general credit supervisor for all yards in Brookings South Dakota. Others report openings moves sales and association meetings across Decorah and seven counties.
MENTIONED IN THIS ARTICLE
Monticello
Richard A. Long
First Street
Manchester
D. Hupp
Great Plains Supply Company
Brookings
S. C
Great Plains
Strawberry Point
James M. Raible
Pittsburgh, Pa
Omar Tap and Grill
Hommy
Omar
Clarence
Kreinbring- Doermann Insurance Agency
William Ruther Law
IGA
Decorah
Luther College
Iowa Retail Hardware Association
August 1955 US laundry appliance sales set record high
Chicago based report shows home laundry appliance factory sales in August 1955 totaled 546,065 units, the industry’s highest month ever. August sales surpassed October 1950’s previous peak by five percent, per the American Home Laundry Manufacturers Association.
MENTIONED IN THIS ARTICLE
Chicago
INS
American Home , Laundry Manufacturers’ Association
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Market Review
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Flake Products Corp
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