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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 08, 1966
Page
14
CHICAGO AP officials note butcher hog prices held steady Monday with about 5,000 head available. Top price reached 27 dollars, matching Friday. Slaughter steers showed initial strength but later trades eased to steady. Market volumes in light trading. declines seen in aviation and electronics shares on broader market.
August and September soybeans showed moderate demand while new crop months held steady to softer in early trading. Wheat and rye fell on weaker buying rather than heavy selling, with a advisory service reportedly recommending some liquidation at current levels. Wheat off 34 to 242 cents, corn mixed to higher, oats steady to 34 lower, rye down 14, soybeans up 3 to 12 cents.
The report lists packing sow bids at 21.00 to 21.25 per hundredweight with price adjustments by weight and grade, and cites Chicago cash grain bids for Wheat No 2 hard and red, Corn No 2 yellow, Oats varieties, and Soybeans, noting varied prices by grade and weight ranges.
AP and USDA data show wholesale buying prices mostly steady with small variations. In Chicago, butter remains steady with AA 93 at 72 to 72.2 cents, A 92 at 71 to 72 cents, and other grades listed. eggs hold or rise slightly with whites at 43, checks 21. Potatoes report arrivals 147 and on track 1967 total U, whites and reds mix, market steady with moderate demand. In New York, large to small whites barely adequate, standards 41-43, whites 46-48, creamery butter 93 AA 72-72 cents, 92 A 71-72 cents, other grades noted.
Gov. Harold Hughes said the new withholding system could reveal overdue taxes from prior years as the state tax commission reviews first-time filers. He noted the commission may back collect 25 dollars, while many Iowans paid 1985 taxes for the first time in 1985, boosting 1985 revenue by about 3 million dollars.
In Berlin two East German border guards on patrol Sunday triggered searchlights and fled into the American sector. Both were in uniform and carried their weapons as they escaped into West Berlin.
AP reports a gunman robbed the Inwood National Bank in northwest Dallas on Monday, killing a man who tried to stop the robbery. The victim, an employee of the Ford agency, was identified. The shooter fled with an undetermined amount into nearby apartments as police hunted a 30 year old white man, about 165 to 170 pounds with black hair, armed with a .38 revolver.
An earthquake centered near the Gulf of California rattled California and Arizona, felt in Pasadena at Caltech. San Diego reported building sway with chandeliers swinging several feet. no damage noted. University official noted it may be the strongest in years.
The Federal Reserve Bank of New York predicted that business expansion will rise over the next five months, inflations will grow with it, and consumer spending will strengthen due to federal pay boosts and Medicare. Government spending is seen climbing across local, state, and federal levels, signaling continued restraint on credit.
Probate notices list multiple Iowa Linn County matters. Administrators and executors appointed for the estates of Dixie Jo Truesdell Frank Hrabetin Myrl Petersen Emma M Wilkinson Barbara Ann Schuch Roy L Kessler Lydia Morris Roy L Kessler etc. Notices require creditors to file claims within specified periods. Also includes probate hearings and an upcoming sewer contract hearing and zoning ordinances in Cedar Rapids.
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