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The Daily Times from Davenport, Iowa • 31

Publication:
The Daily Timesi
Location:
Davenport, Iowa
Issue Date:
Page:
31
Extracted Article Text (OCR)

Thursday, May 2, 1937 THE DAILY TIMES 31 Iowa Eg Law Slocks Higher; Trade Active County Board To Review Assessments The Scott County Board of Review will meet this coming Mon NEW YORK (fll-Oils and steels led the stock market to a good advance in active trading early this afternoon. Key issues rose from fractions to two or three The oils continued outstanding leaders with trading heavy. The steel advance was fair. The rise in the oils, according to Wall Street sources, was due to elimination of major uncertainties about the Middle East situation as it stands currently and also to a number of improved earnings statements from oil companies. Various oil stocks were also stimulated by rumors of possible mergers.

Approved The Iowa Highway Commission today had cleared the way for Gould Construction Davenport, to start work this year on construction of a railroad underpass in connection with the River Street improvement project. The commission approved Gould's bid of $152,491 for the underpass in the vicinity of Howell Street under the Chicago, Milwaukee. St. Paul Pacific railroad tracks. "A spokesman for the construction firm said that the starting of the project depends upon the delivery of steel and the cooperation from the rail-, road.

The railroad firm also has to do some track work in connection with the project." 1 Ex 'Chiefs Five Sons Kidnaped RABAT, Morocco Five sons of the late Thami El Glaoui, once powerful pasha of Marra-kech, were kidnaped Wednesday. Their vast, rich palace was taken over by soldiers of the irregular Moroccan army of liberation. The kidnaping and invasion of the palace brought to the surface again long simmering resentment between loyal followers of Sultan Mohammed and El Glaoui's frierds. El Glaoui and several hundred Berber tribal chiefs in 1953 took the lead in demanding dethronement of the Sultan. The French, then ruling Morocco, exiled the Sultan and his harem because of his nationalist sympathies and made his uncle, Mouley Ben Ara-fa, the Sultan with the support of EHJlaotttVrribesmen.

Repeal Dies DES MOINES W-An attempt to repeal the 1935 egg grading law apparently was dead in the Legis lature today. The House Wednesday rejected an attempt to take the bill from its Sifting Committee. Chiropraelic Groups Plan August Huddle Three major chiropractic organizations of North America will hold a joint committee meeting Monday, Aug. 26, at the Palmer School of Chiropractic. The meeting is the day after the close of the International Chiropractic convention.

Purpose of the meeting is to coordinate public relations for the entire chiropractic profession. Committee will be made up of three members, from fach of the following organizations: International Chiropractic Davenport, National Chiropractic Webster City, and the Canadian Chiropractic Toronto, Can. Committee members will be dinner guests of Dr. B. J.

Palmer in his residence that evening. Peoria Crushes Keokuk By THE ASSOCIATED PRESsj Peoria staged the season's bigj gest offensive display in a 17-7 victory over Keokuk The Chiefs collected 19 hits, in eluding a pair of homers by Jan; Johnston, both with two men bit base. The Kernels' swatted thrift homers, one each by Swartz, Harold Jones and Jackj Stephens but they committed, eight errors in their Three-r game. 3 Burlington also had its hitting; clothes on in swamping Cedar Rapids 12-4 with a 15-hit John Krueter and Al Seeger had three hits apiece for the Bees, who scored six runs in the first" inning on five singles, three walk's and a hit batsman. NEW AMBASSADOR WASHINGTON un John Cli ford Folger, 61, Washington bank- er and a native of Sheldon, Iowa was sworn in Wednesday as U.

ambassador to Belgium. 2:30 P.M. EDT QUOTATION'S Furnished by Merrill Lynch, Pierce, Tenner Deane, Hotel Blackhawk, Davenport, Iowa day to review assessments made by the County Assessor's Office for 1937, Charles R. Jones, county assessor, announced today. Members of the board of review arc A.

M. Sindt, Walcott, Emil Kroegcr, LeClaire, and Walter Stutt, Eldridge. The board will also set dates for public hearings on assessments, Jones said. Hot Spot Davenport's high reading of 83 Wednesday was the warmest in the slate. Waterloo, Mason City and La-mod had readings of 81.

However, the 85 mark here was not a record, the Weather Bureau said-May ie mercury cumnea to m. Cooler air moved into the state today. Partly cloudy and continued cool tonight and Friday is the forecast for the Quad-Cities. The outlook was for the low 70's today and Friday with a low tonight of about 45. Curtis Wright 43 Deere 31 Douglas Aire 79'j Dupont 196 Elect Auto 38'a Firestone 93 Ford 58 Gen Elect 64 Gen Motors 43 i Gt Northern 44', Intl Harv 34 Homestake 36 loodvear 82 'i Fined Fred Henry Wulf, of South Road, Green Acres, today was fined $300 and costs and his driv er's license was suspended for days, after he entered a guilty plea to the charge of operating a motor vehicle while intoxicated.

Scott County District Court Judge Arthur H. Janssen pro nounced sentence. Air Reduct Alcoa Allied Chem 90 Allis Chalm 34 Am Airlines 1843; Am Brd Par 23 Am Can 427 Amn Mach 38 Am Natl Gas 60'3 Amer Tad 155i -Amn Smelt 52' -Aruer inT Amer Tob Wt Anaconda 687 Armco Steel 55' Atchison 245i Atlantic Ref bl't 45'', Bcndix Avi 64't Beth Steel 47 Boeing 47U Borden 60 '4 Borg Warner 43't Budd 19''. Burroughs 42 Case 15s Caterpillar 93'i Celanese 16 Ches Ohio 3 I 351, Chrysler 775 Coml Inv" Tr 45'i Cities Serv 68'j Columbia Gas 17'i Comw Ed 39'. Gen Foods 44 Goodrich 72 In'l Nickel 112 Int 34 la 111 31 la Pw Lt 27 Johns Man 47 Hayes 41 Kennecott 115 Kresge 2fi Leh Ptld Cmt 39 Lorillard 17 Martin 37 Min Mol 16 Mont Ward 37 Natt Dairy 34 Cent 30 Am Avi 30 Nor Pac 43 Ohio Oil 39 Pan Am Air IS Parmt Pix 33 Penn 20 .1 Penney 80 tPepsi Cola 22 Phillips Pete 49 mmmmmmm A No whiskey anywhere is more deluxe than Walker's DeLtixe Expect Rule Soon On City Sewer Rental Mayor Walt Beuse today said he is expecting a decision early this month from Chapman Cutler, Chicago consultants, on the Davenport sewer rental plan.

The mayor said he wrote the firm Wednesday and was hopeful their report would be available soon so lhat work may be started. Engineering specifications for the $800,000 sewer treatment plant are also expected shortly, according to Ralph C. Graham, superintendent of- construction. This report had been expected by Wednesday, but several engi neering technicalities were encountered which held up the final draft of the plan. Graham said he is still hoping bids for the plan can be called by June 1, so that work will be started this summer.

CHARGE DROPPED A charge of assault and battery against Clarence A. Hunt of 702 West 5th Davenport, was dropped in Police Magistrate Edmund Carroll's court today. The complainant, Annabel Eotkin, re fused to press charges. Hunt was arrested April 23. Walker Deluxe tumtouum mvjruuoi Mi meet Some chemicals also did well.

Rails made enough small advances to move the group up along with the industrials. The market on average was again moving close to its 1957 high reached in January. Standard Oil (New Jersey) rose more than a point. Amerada advanced around three points. Gulf Oil more than two.

Kerr-McGee, Sinclair and Royal Dutch around a point or better. Bethlehem Steel, Lukens Steel dropped more than a point. Among the chemicals, Du Pont and American Cyanamid were each up beyond a U. S. government bonds were steady.

Radio Corp 36 Rep Steel 53 Reynolds 57 -S way Store 69 hears Roe 26 Shell Oil 84 Sinclair Oil 67 Socony Mob 58 So Cal Edison 50 Speiry Rand 23 Calif 54 Indiana 55 61 Mud Pack 73 Sunray Mid 26 Swat Co Texas Corp 63 TWA 15 20th Cent Fox 26 Un Oil 59 Un Pacific 30 United Aircraft 74 Un Airlines 29 United Gas 36 Rubber 45 Steel 65 Westingh Elec 58 Wool worth 44 Y'g'ston 113 Zenith Radio 114 Dow Jones Averages Indus 499.15 3.39 Rails 146.71 .58 Util 73.58 .23 New York Curb Fairchild I 18 Kaiser Fraser 15 Lake Shire Mines 5 Grain Futures Famished Merrill, Lynclt, Pierce Tenner It Brine Hotel Blackhawk Davenport, Iowa CHICAGO High Low Close Prev, close Wheat old May 2.1!) 2.17 2.17 2 17 Jlv. 2.08 2.07 2 07- 2.07 Sep. 2.10 2.0fl 2.10- 2 Dec. 2.14 213 2.14- 2.13 Wheat new Jlv. 2.08 2.07 2.08 2.07 Sep.

2.11 2.10 2.10- 2 10 Dec. 2.15 2.14'' 2.14- 2.14 Mar. 2.16 2.13 2.16-16 2.16 Corn My 1 29 1.28 1.28-29 1.23 1.33 1.32 1.32- 1.33 1.33 1.32 1.32 1.33 1.26 1.25 1.25- 1.26 159 1.28 1.28 1.29 Jl.V Sep. Dec. Mar.

Oats May .67 .67 .66 .67 .67 .66 .69 .69 .67 .69 67 .66 67 .69 Jly. Sep. Dec. Rye May' Jly. Sep.

Dec. 1 19 1.17 1.19-18 1.17 1.18 1.16 1.17 1.16 1.21 i.9 1.20 1.25 1.23 1.23 1.19 123 Soybeans May 2 41 240 2 41- 2 40 Jly. 2.39 2.37 2.38- 2.37 Sep. 2 28 2.27 Z.Z7-4 2 27 Nov. 2.24 2 23 2.23 Jan.

2.26 2.26 2.36 2.26 Davenport Graiu (Furnished by Ralston Purina Davenport) No. 2 yellow corn No. 2 white oats .72 No, 2 vellow soybeans 2 No. 2 hard winter wheat 1.95 Livestock Estimates CHICAGO W-(USDA) Offi cial estimated salable livestock re ceipts for Friday are 1,000 cattle, 5,000 hogs and 500 sheep. Chicago Poultry CHICAGO tfi Live Poultry about steady; Wednesday 56,000 lb; wholesale buying prices unchanged; heavy hens 14'a-16; light bens 12-13'i; old roosters 12-13; ducklings 25-25' i.

Cash Grains CHICAGO UP No wheat. Corn No 1 yellow 1.33'4. No 2.1.33V4, No 3 1.32, No 5 1.28U-1.29U, sam ple grade yellow 1.273i. Oats No 1 extra heavy white No 1 heavy white 76. No soybeans.

Soy bean oil lPi-Ti, soybean meal 46.00. Barley nomiral: malting choice 1.30-40, feed Chicago Produce CHICAGO Chicago Mercan tile Exchange -Butter easy; receipts wholesale buying prices unchanged to lower; 93 score AA 59; 92 A 59; 90 rt: 89 cars; 90 57'4; 90 56' i. Eggs weak; receipts wholesale buying prices unchanged to lower; 65 per cent or better A white 30' mixed 30' mcdi urn 29; standards 30; dirties 28' 2 checks 23; current receipts 29'i. Chicago Potatoes CHICAGO (USDA)- Pota toes old: arrivals 23; track 235 shipments 407; supplies moderate; demand slow; market dull; Minnesota North Dakota Red River Valley pontiacs 1.70 1.80. mostly 1.70: new: arrivals 17; track 15; supplies moderate; demand mod eratc; market for California long unites slishtlv stronger, others about steady; California Ion whites 3.83.

When the French found it necessary to restore Sultan Mohammed V. El Glaoui went to Paris, banged his head on an Oriental carpet and begged the sovereign's forgiveness. It was believed he thus humbled himself to insure the political future of his sons. El Glaoui died of cancer in January 1956, at Marrakech at 78, the feudal lord of some three mil lion tribesmen the wilds of southern Morocco. Drama Group To Give Play By Williams A moody and violent young man, and a housemaid who goes on a spree and puts herself in great danger will be portrayed by Tom Edwards, Davenport, and Miss Sharon Duncan, Bettendorf, when Playcrafters Little Theatre group presents "Someone Waiting," by Emlyn Williams.

The production is under the direction of Mary Fluhrer Nighs-wander, and will be presented May 14 through 18 in the Little Theatre of the Rock Island High School. Edwards came to Davenport last year from Detroit, where he appeared in several Wayne University plays. Miss Duncan is already familiar in the Quad-Cities for her appearances in Masquers' productions, and on local television. She also appeared professionally as a singer and Salvation Annv Students Plan Four Services A motorcade of 14 students from the Salvation Army School for Officers Training, Chicago, will arrive Friday noon to conduct street services as part of their training. After lunch at the Lend-a-IIand, they will conduct a street service at 2 p.m.

Their next street serv ice will be in Wilton at 3 p.m. They will return to Davenport for a street service at the Men's So cial Center at 6 p.m., another at p.m., and the final one at the Citadel at 8 p.m. Saturday's program includes stops at Bennett, Tipton, West Branch, and Iowa City at noon In the afternoon they will go to Kalona, Wellman, Keota and Washington. Sunday they will conduct serv ices at the Fort Madison pcnl tentiary, the Mennomte Church 1 and the Salvation Army, Burlington. State Buys Uight-Of-Way For River St.

Sales totaling $13,204 for proper. ty needed by the State Highway Commission for he River Street extension project have been filed as warranty deeds in the Scott County Recorder's Office. The property is located 700 feet west of the Credit Island causeway and two blocks west of Schmidt Road. Four deeds were filed. The larg est sale was $10,035 filed by the Trust Investment Inc.

and Zenith Davenport. DRIVER FINED Charles D. Mudd of 3627 John son Davenport, today was fined $15 and costs on a charge of failure to grant right-of-way He was arrested April 27, charg ed with reckless driving, but the charge was altered at the hear ing by the judge. Corn Prod 31 Crane Co 32'3 Crucible Steel 32 Hogs Steady; Trade Active CHICAGO WV-IIogs sold generally steady on butchers and sows in an active market today. Mixed No.

2 and 3 butchers scaling 190 to 230 pounds brought $1325 to $18.50 and some No. 1 and 2s ranged from $18.50 to $18.75. Eigtn7ireadgracling NoTT and weighing "around .208 pounds brought the top of $18.85. (USDA) Hogs 7.000: active, generally steady on butcher and sows; early clearance; mixed 2-3 190-230 lb 13.25-18.50; several lots mostly 1-2 18.50-13.75 80 head mostly 1 208 lb 1885; no 2-3 230-230 lb, 13.00-18.35; No. 2-3 260-280 lb 17.75-13 00 weights over 280 lb scarce; few lots No.

3 230-30 lb 17.5-17.75; larger lots 1-3 35-55 lb sows few small lots 300-330 lb as high' as 16 75. Cattle calves 200; steers and neifers moderately active, fully steady; cows, bulls and veal-ers generally steady; short 2 loads low prime 1,225 lb steers load 1,465 lb 26.00 2 loads high choice and low prime 25.25-26.75; most choice steers 23.00-24.00; part load. mostly high choice 1,250 lb good to low choice steers 19.50-22.50; good and choice heifers 19.00-22-75; package to choice 23.00; utility and commercial cows 13.00-15.0; few high commercial 13.50; utility and commercial bulls 15.50-17.50; choice to prime veal-ers 26,00. Sheep 200; not enough of any class to test prices; few small lots -cood and choice spring lambs steady -at 23.50-24 00. Corn Lower; Wheat Gains CHICAGO UP Most grains steadied on the Board of Trade today with wheat setting the pace Corn was weak, declining more than a cent on all contracts at times.

May wheat led the upturn in the bread cereal, advancing nearly two cents at times, while the more distant futures moved fractionally higher. Turkey and Yugoslavia took 15 cargoes of hard wheat out of Eastern ports during the night and this brought buying in the wheat pit. Weakness in corn was attributed to profit-taking. Estimated carlot receipts at Chi cago: wheat 11, corn 213, oats 5 barley 25, soybeans 13. Davenport Hogs The following me the morning radio price quotations at the Oscar Mayer Pkg.

Co-, Davenport Stock-J'ards. Butcher Hogs Are Steady (rading No. 1, 2, and 3: 200 to lbs. 17.50 to 18.50 220 to 2.10 lbs. 17.35 to 18 .15 230 to 240 lbs.

17.20 to 18.20 240 to 250 lbs. 17.05 to 17.55 250 to 260 lbs. 16.90 to 17 40 2fi0 to 270 lbs. 15.67 to 17.23 270 to 280 lbs. 16.73 J80 to 2P0 lbs.

16.75 230 to 300 lbs. 16.75 Choice Sows Are Steady 16 75 300 to 330 lbs. 16 50 330 to 360 lbs. 16.25 3r.O to 400 lbs. 16 00 400 to 450 lbs.

15.50 4iO to 500 lbs. 15.00 These prices were paid tip to 12 noon tnriav for hogs delivered the Oscar 'Mayer -Stockyards in Davenport. Wl 'ill: 1 7 years proof -elegant in taste STRAIGHT BOURBON WHISKEY 7 YEARS OLD 90.4 PROOF HIRAM WAIKER SONS TECRIA, tlllNOIS.

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Pages Available:
487,947
Years Available:
1887-1964