Stock Market Dips Then Rebounds Some Shares Fall
Financial and market notes show a sharp start with many issues down including International Nickel and Westinghouse Electric. By late Monday afternoon some losses narrowed as traders cited bank margin rule fears and cautious trading across the New York Exchange.
MENTIONED IN THIS ARTICLE
New York
Polaroid
Westinghouse Electric
Eastern Federal Reserve Board
Boeing
Pfizerposal
York Central
Standard Oil
California
American Stock Exchange
Hogs up 25 Cents as Market Closes Mixed in Chicago Wharf
USDA estimates Tuesday receipts include 1,500 cattle 5,000 hogs and 300 sheep. Butcher hogs rose 25 cents with 190-225 lb at 18.50 19.75 dollars and 220-240 lb at 18.25 19.00. sow prices slipped. cattle and sheep varied with prime steers around 28.25 28.50 per cwt and lambs 23.50 24.50. Dow and stock action noted amid mixed market sentiment.
MENTIONED IN THIS ARTICLE
Chicago
USDAI
Chicago Livestock Chicago
USDA
Perna
Ita
iBhuMore Jay
Genaise BR
Cine
itPlate
Gen Cis
Pitts Steel
GenDynam
Ford
Pacific Jb
Raytheon
IBM
Rexall
GraceCo
ReynTob
Josses Granites
Rheem Manufacturing
Seeburg
New York
Hobayinn
Exchanse
iHemeste
Sos
Aena
VMS
Shell
Abbott Lab
Dra
Io Houston
Eisnerwoch
ABC Coma Ae Siegis
Howe
Sinclair
Singerto
Alanaum
AB Aglepartan’ Lad
AllesLy
Iniand Sd
T&t
CIA
owaPsy
Stan Warn
AmCrysus
Stauffch
Jewel Co
John Man
Tad
Am Hosp Jones
Tampa
Motors
Tekitonix
Enneco I
Kroger
Texaginst
Ta Amp Inc
Ampex Corp . Hergiken Pgem
TransWaAir
Twencen
Wigrade
Lorilard
Reon Paiay
BeechAire
Magmac
Magnavx
Boeing
MartinMar
Boise
Borden
McCall
MiMeadCo
Wwlity
Brunswick
A Merck
Budd Co
Bullard
MGM
Bologna
WaBane
MontWard
Yai Morrell
Weolworth
Care T&t
Motorola
Bava
Associated Press
Chenev
AIN Higsier
Saeed
Northrop
Norion
Gatcalled
Gonbwr
OhioEie
Weck
Dietibe
Okta G&e WaiDklanes
Omang Lif
Petig
Cincinnati
Paul Cudahy
Mason
Curtiss
Beach Coal
Lamson Brothers
Dan Riv
Bonen
Rowdim
Duke Pw
Aecresa Ee
duPont
Elgonds
Ain
Eipasong
ErieLack RR Sqybeans
Ethyl GP
OMAMA
UPI
Sioux City
Cedar Rapids Hog Market Prices Monday
C R Markets reports Cedar Rapids hog market prices Monday with Lamson Bros quotations for frozen pork bell and other hog futures. Prices show Open High Low Close and Prev values across multiple entries, indicating daily market movements.
MENTIONED IN THIS ARTICLE
Lamson Bros
Cedar Rapids
Washington Daily to Raise Price to Seven Cents
The Washington Daily News said it will raise its price from five to seven cents starting next week, claiming it is the last major metropolitan daily still selling for a nickel. The rise is due to increasing costs, especially salaries.
MENTIONED IN THIS ARTICLE
Washington
Washington Daily News
News
Scripps-Howard
Taylor Charged With Assaulting Woman In October Incident
David L. Taylor, 31, of Van Horne, arrested on a warrant for assault and battery. The complaint by LeeAnn Jones cites an Oct. 11 attack at her home. Bond set at 110 dollars with release pending.
MENTIONED IN THIS ARTICLE
David L. Taylor
van Horne
LeeAnn Jones
Third Avenue SE
Taylor
Grain and cattle futures mixed as markets close
Chicago grain futures end mixed with wheat up about a nickel to five cents, corn slightly lower, oats and rye mixed to lower, soybeans near unchanged. Cash grain notes list wheat and soybean quotes. Omaha and Sioux City report cattle slaughter and price ranges with steady to lower trends and high choice to prime levels across various weights.
MENTIONED IN THIS ARTICLE
Chicago
Chicago ProvuE Chicago Wholesale Produce Update
Wholesale prices for poultry, eggs, butter and potatoes steady across markets. Chicago and New York reports show unchanged poultry pricing, steady meat and dairy values, with russet and red potatoes and egg offerings described as ample to good demand, market firm on certain russets and moderate on red varieties.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U.S
Idaho
Minnesota- North Dakota
Red River Valley
New York
M G D proposes stock split and dividend boost
Directors of Miehle-Goss-Dexter Co announce a two for one stock split, a one third rise in quarterly dividend to 30 cents, and issuance of 500,000 new preferred shares. Authorized common shares increase from 4 million to 10 million, to be voted at the Feb 8 annual meeting. Dividends payable Dec 15 to record holders Dec 1.
MENTIONED IN THIS ARTICLE
Chicago
Miehle-Goss-Dexter Co
James W. Coultrap
Miehle-Goss-Dexter
Cedar Rapids
Asnew
Coultrap
Litter on Lawn Reveals 3800 in U S Savings Bonds
A Des Moines man found 3800 dollars in U S Savings Bonds in the Fleagle yard after a passerby turned them in to police. The bonds had been left on the porch when Mrs Fleagle forgot to bring them inside before a weekend trip. All bonds were recovered.
MENTIONED IN THIS ARTICLE
Des Moines
Buddy R. Fleagle
U. S
Fleagle
Moss Promoted to Vice President at Turner Co
Tom Moss named vice-president operations and marketing at The Turner Co, with full responsibility for manufacturing purchasing production control quality and marketing. Frank Swinehart named vice-president engineering management with responsibility for development and production engineering. Both are long time Turner employees. The Turner Co a subsidiary of Conrac Corp produces microphones for citizens band mobile radio and public address systems.
MENTIONED IN THIS ARTICLE
Tom Moss
Turner Co
Moss
R. P. Evans
Frank Swinehart
Swinehart
Turner
Conrac Corp
Grace Reports Sales Increase and Profit Decline at Grace Co
W R Grace and Co reports higher sales but lower net income for the three month and nine month periods ending Sept 30. Three month sales reach 375.0 million while net income falls to 8.44 million from 13.24 million. nine month sales total 1.188 billion with net earnings 36.72 million and per share drops to 1.98 from 2.59. Grace cites unsettled Latin American conditions affecting earnings and Grace Line as major factors.
MENTIONED IN THIS ARTICLE
New York
W. R. Grace and Co
Cedar Rapids
J. Peter Grace
Grace
Latin America
Grace Line
Rites for Fred Morarie 91 of Coggon
Fred Morarie 91 lifelong Coggon resident died Sunday in a Cedar Rapids hospital born Sept 24 1876 at Troy Mills. Survived by wife two daughters three sons and 21 grandchildren. Services at Murdoch chapel Coggon with Rev Ghormley and Rev Ehresman. Burial in Coggon cemetery. Delinquency institute to be held in Iowa City Tuesday at Athletic Club sponsored by National Council on Crime and Delinquency and state council with governors commission.
MENTIONED IN THIS ARTICLE
Coggon
Fred Morarie
Cedar Rapids
Troy Mills
Mary E. Mustrove
Anamosa
Iowa
First Christian Church of
Walter Meritt
James Loudwig
William
Columbus
Roy
Ervin
Murdoch
Cogi Institute
Hugh W. . . Ghormley
First Christian
Lena
Iowa City
Ehresman
Four Square
Gospel
Athletic the
Town City
National Council On Crime and Delinquency
Man wounded in gunshot near Cedar Rapids during quick draw
Kenneth Fischer, 27, of Cedar Rapids, was treated and released at Marengo hospital Saturday afternoon for a gunshot wound to the right leg. Hospital authorities said the injury occurred while he was attempting a quick draw.
MENTIONED IN THIS ARTICLE
Marengo
Kenneth Fisher
Cedar Rapids
Marengo Hospital
Youth Wounded While Hunting With 3 Friends
Independence teen Mark Lenius is hospitalized with a left shoulder wound from a hunting accident near Independence. Fellow hunters Terry Brown Tom Burke and Dennis Hunter, all teens, were nearby along the Wapsipinicon river when Brown fired at a bird with a .22 rifle. Buchanan County sheriff ruled the incident accidental.
MENTIONED IN THIS ARTICLE
Gazette Independence
Mark Lenius
Independence
Peoples Hospital
Young Lenius
Howard Lenius
Terry Brown
Lenius
Brown
Buchanan County Sheriff's Office
Tom Burke
Dennis Hunter
Wapsipinicon River
Janckila Named Traffic Manager for Northwestern Bell
Don Janckila has been named district traffic manager for Northwestern Bell Telephone Co. in Cedar Rapids. He previously supervised accounting staff in Omaha and will move with his wife Arlene and three children to Cedar Rapids once housing is arranged. Weigels relocate to Des Moines with their three children once housing is set.
MENTIONED IN THIS ARTICLE
Don Janckila
Northwestern Bell Telephone Co
Cedar Rapids
Janckila
Omaha
A. G. Weigel
Des Moines
Janekila
Arlene
Weigels
Driver Charged in One Car Crash Near Brandon
Charges filed against Sheldon Leroy Cousins 50 of Washburn after a one car crash one mile east of Brandon on Sunday night. His wife 49 was admitted to Peoples hospital at Independence in good condition. Their granddaughter Sheila Hannon 6 was a passenger and unharmed.
MENTIONED IN THIS ARTICLE
Brandon
Buchanan County Sheriff’s Office
Sheldon Leroy Cousins
Washburn
Cousins
Peoples Hospital
Independence
Sheila Hannon
Two Cedar Rapids Teens Busted for Garage Break-In
Two 15 year old Cedar Rapids youths were arrested Sunday morning for attempting to break into the Watkins Products garage at 367 Second Avenue SW. An off duty officer saw them, police arrived and caught the pair on the spot. Entry was not gained and the youths were released to their parents after questioning.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Watkins, Products
Second Avenue
Breakin Report Near Independence At Wild Life Building
Burglars stole between 30 and 40 dollars from a coin box of a pop machine and 2.30 from a coffee can at the Wild Life building one mile north of Independence. The break in occurred between Tuesday and Saturday night and was committed by prying a back door latch. No vandalism reported.
MENTIONED IN THIS ARTICLE
Independence
Jo Breakin
Wild Life
Mood Sharpens After Israeli Ship Sinking
Israeli anger rose after the destroyer Elath was sunk in what officials say was a sea to sea missile raid. Egypt claims the ship was in its waters. 15 crew were killed, 48 wounded, 36 missing. Soviet involvement hinted as Cairo and London react sharply.
MENTIONED IN THIS ARTICLE
Israel
Egypt
Levi Eshkol
Elath
Matvei Zakharov
Cairo
Gamal Abdel Nasser
al Ahram
Zakharov
David Ben-Gurion
Marengo Man Hurt In Pedestrian Car Collision
Marengo resident Ben Nelson, 75, was struck by a car Friday near Amana while crossing a highway after fishing. He was taken to University Hospitals, Iowa City, with injuries.
MENTIONED IN THIS ARTICLE
Marengo
Ben Nelson
Route One
University Hospitals
Iowa City
Amana
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Henderson & Co. Inc
Town Hogs Des Moines
C.R. Markets
Washington Daily
API
Livestock Futures Chicago
Chicago Mercantile Exchange
TevinUs
Board of M-G-D
Phone Co
CLR
C.R. Garage
Life Investors of
Information Securities Corp
Merchants Bank
Charles
Chuck
Publicafety
Suez Canal
London
Middle East
Foreign Office
Her
Morris Plan
Morris Plan Mortgage Company
First Avenue N.E