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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 08, 1963
Page
22
New York stocks moved higher in heavy trading on Monday. Volume neared 5.9 million shares with several issues up a point or more. The market, in its fifth straight weekly advance, reached the highest level in a year as analysts noted improved public participation. Early trading totaled 1.66 million shares, the busiest opening hour in nine months.
Fragmentary OCR text shows percentages and names like McKay, Clinton, Natl. Oats, Nissen, Kaiser, Technicolor and firms such as Rath Packing and Life Invest. Lacks coherent events or narrative. cannot determine a specific news item.
Prices at Cedar Rapids Monday were steady to a quarter lower with Saturday butcher weights 200 to 230 lbs at 12.50 to 13.60 dollars and a few at 13.75. Bulk of 1s and 2s quoted 13.00 to 13.60. sows 11.75 to 12.75. Poultry and eggs listed with various weights and prices. wool and miscellaneous figures noted.
A reader with $7 000 income and no debt asks whether to finance a car or invest. The adviser notes tax free home and lot assets, recommends cash for the car and investing monthly in Toledo Edison stock, highlighting a 3.3% yield vs borrowing costs over 6%. Also includes USDA market hog and cattle price ranges and livestock quotes.
Chicago AP reports rye and May wheat futures showed moderate strength most of the day while overall trade stayed within narrow moves. Short covering lifted rye while speculators built long May wheat positions before profit taking. Wheat finished up to 2% cents higher, other grains mixed.
Chicago cash provisions show no wheat oats or soybean sales. Corn futures range No 2 yellow 1.20 and No 3 yellow 1.17 with No 4 at 1.1494. Soybean oil quotes 9 en barley bids listed as making choice 1.23 to 1.30 and feed 1.00 to 1.08.
Cattle receipts reach 17 500 with calves 750. Early sales show steady to weak tone. Three loads of high choice with some prime steers at 23.50. Load of high choice 1 025 lb heifers at 23.25 and 1 000 lb at 23.40.
Cattle receipts 11 000 calves 1 000. Steers vary with strength on some high choice prime end. Choice steers 22.75 to 23.50, loads of high choice and prime 24.75. Good steers 20.25 to 22.50. No heifer quotations.
USDA estimates Tuesday receipts are 3 000 cattle 6 000 hogs and 500 sheep in Chicago. Butcher hogs sold steady to 25 cents lower Monday while slaughter steers were steady and lambs about steady.
AP notes butter steady with slight price points for 92 score AA and A, eggs weak with 1 to 2 cent drops and grades listed, live poultry prices mostly unchanged to 3 cents lower with specific roaster and White Rock fryers quoted. Potatoes show arrivals and shipments up to the weekend, old supplies moderate, demand moderate, and regional prices for Idaho russets, Red River Valley reds, and Florida rounds given.
James Colbert district manager of Iowa Illinois Gas and Electric Co. is named to a six month term on the companys management advisory board. L H Day Davenport is re elected chairman and K H Schafer Riverdale secretary. Other regular members include Anderson Bodin Daniel Lange Miller OBrien Wasson Dauw and Stewart.
Columbus Junction high school senior Michael Singleton earned a president's freshman scholarship to Simpson College. The award value ranges from 150 to 300 dollars.
The Iowa dissolution effective March 3, 1963, of Nissen Products Corporation Cedar Rapids Linn County Iowa under Chapter 491 with sole stockholder Nissen Corporation. George P. Nissen President Stella M. Minehart Secretary.
Trampoline Distributors Inc an Iowa corporation organized under Chapter 491 of the Iowa Code with principal place of business in Cedar Rapids Linn County Iowa was dissolved effective March 31 1963 by action and with the consent of its sole stockholder. Nissen Corporation George P Nissen President.
Trampoline Export Company is described as an Iowa corporation with its sole stockholder identified as Nissen Corporation. The brief notes corporate structure and ownership in the state.
The Iowa State Printing Board will meet in Des Moines on Friday April 12 1963 to receive bids for 50 000 000 business machine cards for State Departments Iowa Farm Science for Iowa State University 10 000 copies Manual on Uniform Control Devices for Streets and Highways for the Iowa State Highway Commission 7 000 Session Laws Book paper and other items Bids close at 10 00 a m and will be opened and awarded The Board may reject any or all bids S E Tennant Superintendent of Printing State House Des Moines addresses to obtain specifications
Sealed bids will be received by the Iowa State Highway Commission in Ames for the sale of 99 used cars pickups carryalls and station wagons. Units may be inspected prior to bidding closes April 11, 1963 at 10 00 A M. The Commission may accept or reject any or all bids.
AP USDA market notes show eggs in large and mediums trailing small sizes with steady demand. Prices listed for extras and standards along with butter demand described as fully adequate with creamery grades and spread of cents per pound.
Notice is hereby given that Iowa Gym Nastics Suppliers Corp an Iowa corporation organized under Chapter 49 of the Iowa Code with its principal place of its sole stockholder Nissen Corpora Stella M Minehart Secretary.
Notice states GYMPORT INC an Iowa corporation organized under chapter 491 of the Iowa Code with principal place in Cedar Rapids Linn County Iowa was dissolved effective March 31 1963 by action and with the consent of its sole stockholder Nissen Corporation
Iowa Commerce Commission schedules public hearing on May 9 1963 at 10:00 a.m. in Des Moines for the transfer of Liquid Carrier Certificate LC-64 and Truck Operator Permit 29034 from Bill Haines dba Haines Transport Greenfield to Haines Transport Inc Greenfield. Docket DLC-219.
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