Stocks End Mixed As Markets Open Mixed Week
New York traders closed irregularly lower on Tuesday as steels faded after a morning gain. Large auto and rocket stocks slipped fractionally while American Cement and airlines moved modestly. IBM gained, while IBM and others showed scattered losses amid broader gains on the American Stock Exchange.
MENTIONED IN THIS ARTICLE
New York
American Cement
Flying Tiger
Seaboard World Airlines
American
McDonnell Douglas
Y - Bell Soup
Outboard Marine
Reeding
Boeing
IBM
Texaco
Jersey
Indiana
International Nickel
New York Central and
Pennsylvania Railroad
Alcoa
American Stock Exchange
New York Stock Exchange
Livestock and grain market notes from Chicago and Des Moines
Official Wednesday receipts estimate cattle 7500 and hogs 4000 at Chicago. Hog prices mostly down 25 cents. cattle steady with mixed weights and yields. other market items include lambs, spring slaughter, and related futures. Des Moines reports slower trade with 25-50 cent declines in butcher hogs and steady steer activity amid varied weights.
MENTIONED IN THIS ARTICLE
Bpubivesg
Beenetetts
Zen Tire
RCA
Ravnier
Ravineon
al Ge
Rohr Cp
Royvc Cola
Royal
Mel Rydersys
Grumnair
Seteway
Raytheon
iSullstaut
Choice
Aibs
Harris
Schering
So's
SaiSciem
E. Ardust
York
Des Moines
UPI
Abbott Lab
ABC
Ea Aleanaium
Salles
Am Albin “Ing
Bosch
Lamb Ae
rySus
Itera
Fomerne Toe
Ieee
Alam Eathanse Hee
Atchison
Uae
Macke
Beckman
Bere Aifc
Bell
Bendiz
Inavox
DES Moines (Ap
USDA
Monnay
Martinvar
Borden
Aving Lee
Myers
Ijel
Cedar Rapids
Fiat
Barrier
Morrell
Far Awe Poe Srewemmey
Atoll
Zentin
Associated Press
Anna
Ghevsler
Niag MP
Noriik Wat
Bae
NA Avia
Aueige
Northron
Norton
Norwich
Necies Securities
Lowensill
Cork
Mipac Patrol
Ben Agur
Corliss
New York
Bella Aly
We Wits
Bercae
Ficial
Steet
Isis Wey Phelbg
Association of Broadcast Ial
Pullman
Eaton
Eg&g
TOR
Chicago
Ie Electron Sa
Lamson Brothers Aso
Et Johnson
CL. ErieLack
RTO
Lim Ding
Genoyineny
VaiMarch
Gener
Ae iMarch
Network Technicians Turn Down Contracts
Network technicians reject proposed contracts citing wage disputes and benefits concerns. Trade unions, led by Techni and Na, threaten industrial action as talks resume in city. Local officials urge mediation to prevent service disruption.
C R Markets Priece and Butcher Discounts Listing
Market notes show price cuts for heavy cattle and offrates for overfat cattle. Prime steers and heifers, choice and standard grades listed with various weights and discounts. Sheep, poultry, wool, grain, and produce prices from Chicago and New York are included with wholesale ranges and market conditions.
Iowa Power and Iowa Illinois Gas to form holding company
A new holding company will be formed by Iowa Power and Light Co. and Iowa-Illinois Gas and Electric Co. to acquire their common stock. A Paul Thompson and Charles H Whitmore announced the plan, stressing it is not a merger but a holding company.
MENTIONED IN THIS ARTICLE
DES Moines
Iowa Power & Light Co
Iowa-Illinois, Gas & Electric Co
Davenport
A. Paul Thompson
Iowa Power
Charles H. ‘Whitmore
Iowa‘Ilinois
Securities and Exchange Commission
Federal Power Commission
Iowa
Ilinois
Towa-Illinois
Illinois
Towa Power
Towa Illinois
Quad-Cities
Iowa City
Fort Dodge
Ottumwa
Cedar Rapids
City Briefs and Notices From Iowa News Briefs
Reports include a “Keen Teen room” YMCA supper and slides, a theft of four suits and shoes from a Moline car valued at 410 dollars, a canon law speaker event in Chicago for Cedar Rapids Lis ers of Mercy, and various local club notices. The merger plan for Iowa Power and Iowa Illinois, a holding company structure, stock details, and power projects in Cordova and Council Bluffs are outlined with expected dates and capacities.
MENTIONED IN THIS ARTICLE
Hearing Society
Keen
YMCA
Robert Kramer
Moline
Ill
Holiday Inn
Mary Eleanor
Cedar Rapids
Lisers of Mercy
Chicago
Mild Reactions to Freeman Export Push noted in Chicago
Commodity futures on the Chicago Board of Trade moved little as Agriculture Secretary Freeman urged greater exports. Wheat slipped while corn and oats fluctuated mildly. rye and soybeans showed small gains. Cash grain in Chicago and nearby markets showed varied quotes across wheat corn and soybeans. Livestock markets in Sioux City and Omaha reported slow trade, with steers and heifers trading down modestly and cows steady to lower.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Agriculture
Freeman
Sioux City Livestock
Sioux City
UPI
Badly Burned Man Found On Hotel Roof
A badly burned man was removed from the roof of the Burkley hotel in Iowa City shortly before noon Tuesday. He was taken to Mercy hospital for treatment of burns and a broken ankle. Circumstances of the incident are not immediately available. Construction work has been underway on the roof.
MENTIONED IN THIS ARTICLE
Iowa City
Burkley Hotel
Mercy Hospital
Wet Hill Crash In Elkader Involving Empty Semi
An empty semi trailer skidded on a rain slick hill on highway 56 near Elkader. The truck jackknifed 400 feet into a culvert and ditch. the tractor was crushed by the trailer. Driver Eugene Sylvain, 39, of Massachusetts, escaped with minor injuries while working for Rowley Interstate of Dubuque.
MENTIONED IN THIS ARTICLE
Gazette Elkader
Elkader
Eugene Sylvain
Massachusetts
Rowley Interstate
Dubuque
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Chicago Livestock Chicago
Seamden
Rrum
Nop den Stone. Inc
Ana Beatrice
Cherry Slinton Enuine
Onrae
Consolidated
Eisher
Nerdsman
AANA
Iowa Electric
Lite Invest
Aytag Mig
pAmerice Tila
Nissen Td
Techni and
Hogs
C.R. Markets
Priece Naid
USDAI
U.S
Oregon
Washington
Iowa-Illinois Gas
Iowa Power Plan Holding Co
Fashion Cleaners
E Avenue
Center Point Road
Beauticians
Mineral Society
Cedar Valley Rock and Mineral Society
REC
Marion
Dean Vickrey
James
Young School
Faye |Bailey
KwikiiKar
Lindale Plaza
UAW
UAW Linn County
Ellis Branch
Dial
YWCA
F.B.A. Club
Whitmore
Thompson
Iowa-Illinois
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S.B
Middlewest
Collins Radio
Securities Corporation of Iowa Planned Investment Programs
Russell F. Knapp
Clyde R. Sanborn
V.P
Frank Filip
John N. Knapp
Sec’y-Treas
Frank Koubs
Ramona Post
Exchange