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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 09, 1968
Page
20
The New York Stock Exchange was closed Tuesday in memory of Dr. Martin Luther King. Monday's closing prices are published herewith.
The page shows a stock table listing Abbott Labs Alcoa Amerada Am Airlines Amphenol Avon Xerox Zenith and others with prices percentages and dividend footnotes. It includes a detailed legend of footnotes a to x explaining extra dividends stock dividends liquidating dividends and ex-distribution statuses.
The Chicago grain market was closed Tuesday in tribute to Dr. Martin Luther King Jr. Quotations for cash grain show Wheat No 2 hard 1.51n No 2 soft red 1.44n Corn No 2 yellow 1.152 No 4 yellow 1.04% No 5 yellow 99/2 1.0B/2 Sample grade yellow 8994 1.05V2 Oats No 2 heavy white 79n Soybeans No 1 yellow 2.70%4n Soybean oil 8.75n.
Chicago wholesale poultry prices stay flat with roasters at 25 to 27 cents per pound and special fed fryers 20 to 23. Potatoes show steady shipments and round reds at 2.60 in Minnesota and North Dakota. New York wholesale eggs run adequate to ample with steady demand. butter fully adequate. Omaha cattle and calves trade mixed with steers 25 to 28, heifers 26 to 27, cows 17.50 to 19.50, and utilities 18 to 19.
AP USDA report from Des Moines with Midwest carrot meat trade notes. Steer beef steady to 50 cents higher. cow and heifer beef mixed. Prices listed for steer and heifer ranges by weight, including 600 to 800 pounds and 500 to 700 pounds.
Official USDA estimates for Wednesday show 6000 cattle 4000 hogs and 300 sheen in Chicago. Butcher hogs gained 25 cents with receipts listed at 4000. Cattle receipts reached 900 but no trend could be set due to shortage of slaughter steers while slaughter heifers remained steady.
Hogs 4 000 head 190 240 lb 19 25 20 25 1 3 220 250 lb 18 75 19 50 350 400 lb sows 16 75 17 50 400 500 lb 16 25 17 00. Cattle calves few steers no trend cows 25 50 higher choice slaughter heifers 3 90 26 00 mixed good and choice 850 1 000 lb 25 25 25 75 utility cows 18 50 20 50. Sheep 200 head choice 109 shorn slaughter lambs No 1 pelts 27 50.
UPI dispatch reports trade slow overall with good demand for butchers and uneven steady pricing. Receipts estimated Tuesday at 75 000, week ago 74 000, year ago 62 000, and Monday 65 000 with prices for U S 1 3 butchers across weight ranges 18 25 to 19 50 and sow and boar figures shown for 270 to 550 pounds.
Cattle at Sioux City market slow with steers and heifers steady to weak. Reported: 6 500 cattle and 50 calves. Choice 1 000 1 275 lb steers 26.00 27.00. Choice 875 1 075 lb heifers 25.00 26.00, with a load end of prime at 26.25.
C R Markets prices on the Cedar Rapids hog market Tuesday with Monday's nearby bids for 200 to 230 lb butchers at 18.50 to 18.75 dollars and 300 lb packers at 16.75 to 17.00 dollars. Cattle market shows prime steers 26.75 to 27.50, select and standard ranges 19.00 to 22.50 for steers and 14.00 to 19.50 for cows, plus feeder and calf quotes. Slaughter lambs 26.00 to 29.40, sheep and ewes priced, with hogs and feeders also listed. Federal State Market News Service notes demand and price shifts across cattle, hogs, sheep, and grain prices for the region.
The Brazilian Engineering Assn sponsors a study of a proposed 200 mile long Amazon dam at Obitos midway between Manaus and Belem. The project would cost $35 billion and produce at least 60 million kilowatts of electricity, about twenty times the Aswan dam output.
Montreal column recounts a weekly duplicate bridge game at Chateau Bridge Club. Rast opens one no trump as South, West passes, partner bids two clubs showing both majors, responder bids two diamonds, West doubles. The witty misinterpretation and sequence unfold with humor.
The fragment shows a bridge auction and play in a North South vulnerable position. The bidding sequence includes passes doubles and a final contract of 3NT with an opening lead noted as a jack. It references suits and card ranks such as A5S AQI8T and 987E6 with declarer and defender actions implied.
A bridge tale recalls a husband who misreads an opening bid but doubles a no trump contract. After a long sequence, he cashes diamonds and clubs, collapses opponents’ defense, and overtricks for a top score while apologizing to his partner. The piece notes such attention lapses often end badly, this time amusingly redeemed.
The Sugar Machine from Hinckley England decided the bald look was in and had their long hair shaved at a local barber. Lead singer Arnold Christmas said going bald was a big sacrifice but relieved them of the long haired pop group tag.
At the Midwest Crime Conference, Iowa Assistant Attorney General William Claerhout urged a constitutional amendment to counter the Miranda ruling. He argued the Fifth Amendment was misinterpreted and that the decision harms law-abiding citizens and potential victims. FBI agent J LeRoy Steiner warned about sex crime trends and the need for better town communication to curb offenders. The conference continues with talks by Jack Burke and Paul Fransenburg.
A discussion notes that uncoiled lengths of brass instruments exceed 17 feet for a French horn and 8 feet 8 inches for a trombone while a trumpet is nearly 5 feet. It argues that coiling does not change timbre and that tubing shape and length determine sound.
Life Investors of Iowa, Inc. reports its nine year peak year with net earnings of 519,684 for the group and 336,193 from Life Investors Insurance Co of America. Per share earnings rise to 22 cents. Iowa agencies led life insurance premiums despite a 14 percent production dip.
UPI reports United Nations Secretary General Thant concluded his Netherlands visit by praising Dutch efforts to assist developing nations.
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