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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Oct 23, 1967

Page

14

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Marengo Ben Nelson Route One University Hospitals Iowa City Amana

Also Mentioned on This Page

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
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