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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 25, 1966
Page
2
New York markets slipped late Monday on light turnover about 7.3 million shares, with airlines hit by profit taking and steel shares modest. IBM and Polaroid rose, Xerox fell, and copper moved on Zambia price signals as bond activity cooled and traders faced new credit rules.
C R Markets reports steady bid on Cedar Rapids hogs with butchers $21.00 to $21.25 for 200-220 lb and packers steady. Sows 300 lb down bid $19.00 to $19.25. Grain prices listed: corn $1.21 a bushel, oats ½ cent, and various wool and poultry rates noted in a mixed commodity update.
USDA Tuesday receipts show 2,000 cattle 5,000 hogs and 300 sheep in Chicago. Butcher hogs sold steady to 25 cents higher. slaughter steers mostly steady to 25 lower. sheep mostly steady. Hogs 6,500 head with varied weights and prices. cattle 12,000 with prime and choice ranges noted. lambs and ewes also showing steady to mixed movements.
Demand remains generally good for butchers with sales up to 50 cents higher than late last week. Estimated receipts Monday total 60 000. week ago 77 000. year ago 63 000. Prices listed for U S Grade 1 3 and sows by weight range.
Cattle 9,500 calves 600. Trade slow and market poorly priced. Steers and heifers steady to 25 cents higher with a few prime slaughter steers at 27.00 to 27.25 per hundredweight for 1,150 to 1,250 pounds. Choice 1,000 to 1,200 pounds 27.75 to 26.50. Choice 900 to 1,050 pounds slaughter heifers 24.75 to 25.50.
Omaha market figures show cattle were mostly lower with steers and heifers down 25 to 50 points. High choice prime 1,200 to 1,300 pound steers at 27.00, high choice 26.65 to 26.75, but overall prices ranged from 25.25 to 26.75 for various categories. Cows and calves also weakened, with utility and commercial cows 18.50 to 20.00 and canner cows 16.00 to 18.75.
Ronald Lawrence Thompson, 22, of Iowa City, was fined 25 dollars and costs on a disturbing the peace by fighting charge. Police said he engaged in a fight shortly after 4 am Saturday in the 300 block of Twenty-ninth street drive SE.
Charles D. Dore, general chairman, reported at a Victory report luncheon that Mercy hospital development has raised 1,057,917 dollars, surpassing the 800,000 dollar target. Every section exceeded its minimum goal.
Speculative short covering firmed some grain futures in light trading in Chicago. Wheat rye and soybeans rose about a cent a bushel at the extreme, with wheat up fractions, corn mixed, oats lower, rye up about one to one and a half, and soybeans up around one to one and a half percent.
Chicago cash grain prices show Wheat No 2 hard and No 2 red at around 1.65 per bushel. Corn values range with No 2 yellow about 1.32 and other grades between 1.27 and 1.32. Oats No 2 heavy white trades near 74 to 75 percent. Soybeans No 1 yellow at 2.97 and No 2 yellow at 2.99 per bushel.
AP USDA live poultry wholesale prices show unchanged buys for lower roasters at 28 2- AN. Butter steady to firm with quotes 66 2 62 2 90 B 622 89 C. Eggs ease with Grade A whites around 372 mixed 37 2 and mediums 36. Potatoes arrivals 175 on track 221. russets firm, round reds steady. Florida round reds 3.35 in 50 lb sacks.
AP USDA market bulletin shows Ewee products fully adequate in large items with mediums and smalls irregular. Demand fairly good with varied standards and price ranges for whites and butters. Creamery scores around 93 and 92 indicate steady pricing in cents per pound amid light to adequate butter offerings.
Nine men enlisted in the armed forces as Cedar Rapids recruiters reported Monday. Marines assignments include Kenneth L. Kiler of Walker Route Two and Robert A. Dickson of 1601 Eleventh Avenue SW, with Steve R. Mehman of 1639 E Avenue NE. Others join Marine delayed active duty program Ira Semler Jr of Marion William A. Roudabush of Belle Plaine and John D. Happel Route One Vinton. Navy delayed program enlistees are Paul P. Craft Jr of 1943 A Avenue NE and Robert D. Hubbell of 120 Tenth Street NW. John M. Adams of 390 Red Fox Road SE enlisted in the Marine Corps Reserve at Waterloo. Leave reports feature Albert Rammelsberg of 215 B Avenue NE for ten days from Norfolk Va Richard D. Bowers of Walker for 14 days enroute from San Diego to Port Hueneme Calif Robert J. Meyer of 1515 Eleventh Street NW for 15 days enroute from Ft Leonard Wood Mo to Ft Eustis Va.
A dark haired confidence man swindled Roy Wolfe at John and Ed's Service, 528 Second Avenue SW, out of 40 dollars Sunday afternoon using a bogus loan with a cheap watch as security. The man, about 40, drove a car with Arizona plates, promised 60 back by mail, and left a watch later found mislabeled Longin. Detectives believe the Chicago address given is false.
Rodney Pierce 11 son of Mr and Mrs James L Pierce of Vernon View addition SE suffered possible internal injuries when he fell from a horse Sunday. He was listed in fairly good condition Monday at St Luke’s hospital.
Harry B. Eales 71 of 447 South Eleventh Street died Sunday in University Hospitals Town City where he had been a patient for five weeks. He organized the Fairview Baptist church near Anamosa and was its first pastor in June 1954. He retired in 1962 after a 20 year ministry. He is survived by four daughters, a son, 13 grandchildren and five great grandchildren. Services Wednesday at 2 p.m. at Fairview church. Burial Cedar Memorial. Friends may call Tuesday morning at Baxter Memorial chapel.
Services for Richard H. Smith 92 formerly of Oelwein will be held at Brant Funeral Home Friday at 2 p.m. He died Sunday in Deerfield Beach Florida after retiring as a local realtor and serving as mayor in the 1920s. Survivors include two sons and a daughter.
W R Grace and Co announces its highest first quarter sales and earnings in company history. Net income rises 33 percent to 10.826 million or 66 cents per share from 8.114 million or 50 cents. Sales reach 269.48 million, up from 240.083 million. President J Peter Grace credits chemical operations for gains with sales up 15 percent and operating profits up 30 percent.
Notice in Iowa probate records for Margaret Zeman deceased names BR Bank and Trust Company as executor. Creditors urged to file claims with the district court and debts to be paid within six months from second publication dated April 1966. Cedar Rapids firm Shuttleworth Ingersoll represents executor.
In Linn County Iowa the estate of Alma M. Hiland deceased is probated. Mildred Hiland is named as executor. Creditors must file claims within six months from the second publication or be barred. Dated April 14.
In Linn County Iowa the estate of H Robert Miller deceased is probated with Jean E Scott appointed executor. Creditors must file claims with the district court clerk within six months from the second publication, otherwise barred. Date of second publication April 25 1966. Carl Hendrickson attorney.
Notice is hereby given that a special meeting of the stockholders will be held at the Bank on May 10 1966 at 3:00 P.M. to approve renewal of corporate existence of the Bank increase capital stock and related matters. Signed John H. Lessenhop president Glenn H Freeman Jr cashier Adam Lessenhop director Henry Smith director R Bromwell director Charles Dukek director April 16 1966.
In Iowa District Court Emp County the estate of Delbert Leo Horsley deceased had his will admitted to probate on April 14 1966 dated March 18 1962. Calvin Lee Horsley of Muskegon Michigan and Adam A Kreuter of Cedar Rapids Iowa were appointed executors. Creditors must file claims within six months after second publication or be barred. Attorneys Claassen Kreuter Ford and Ibeling represent the executors.
Notice announces the incorporation of Bresco Inc in Cedar Rapids Linn County Iowa under Chapter 496A 1962 code with initial capital 250 shares par 100 and perpetual existence. It lists officers incorporators and registered agent Whitner M Bressler and Winogene J Bressler. Also notes a bid solicitation by Iowa State Highway Commission Ames for sale of 63 used cars and station wagons with bids due May 5 1966 and right to accept or reject all bids.
Notice to Arless L Harger and Yvonne Harger and others that a March 1 1963 real estate contract by Paul P Thompson and Estella May Thompson as vendors and Arless L Harger and Yvonne Harger as vendees for NE 4 ofNE 4 NW 4 NE 4 of Section 7 Township 84 North Range 5 West Linn County Iowa has not been complied with. Payments due Feb Mar Apr 1965 1966 and taxes due 1964 total 156.30 with costs. 30 days to cure or contract forfeited and terms enforced by executors and attorneys from Lisbon Iowa.
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