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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 13, 1968
Page
13
Stocks gained early on heavy volume with big blocks crossing the ticker tape led by Occidental Petroleum. Motors electronics and oils led advances on the American Stock Exchange while later trading narrowed gains and a 2 to 1 advantage for gainers faded.
Officials estimate Wednesday receipts for Chicago markets include 7 000 cattle 4 500 hogs and no sheep. Butcher hogs fall 25 cents while slaughter steers and spring lambs are fully steady.
Donald Claussen who led Delaware county social welfare for two years resigns effective August 31 with last day August 16. He plans to move to Lincoln Nebraska after a vacation and will pursue two years of graduate study in social work at the University of Nebraska with a state grant.
Three American pilots freed by North Vietnam leave Washington for a 30 day leave before new air force assignments. The fliers were released earlier this month and flew out of the capital on Tuesday.
fragmented OCR shows prior sales data for frozen pork bellies with open high low figures and dates February March May. numbers include August 24 2A 90 and May 30.55 with several decimal prices and volumes, but details are incomplete.
The Cedar Rapids hog market Tuesday posted about a 25 percent drop. Monday’s bulk-delivery prices for 200 to 230 lb butchers ranged $19.00 to $19.50, with packers and feeders adjusted by weight. Cattle, hogs, and lambs across three Iowa auctions showed mixed demand. slaughter cows and feeder cattle dipped, while slaughter lambs posted modest gains and feeder lambs stayed steady.
Chicago trading closed with grains and soybeans up on Monday as the USDA forecast bumper crops boosted supply but futures still rose. Wheat gained 4 to 142 cents a bushel, corn up about 1% as oats and other grains advanced, soybeans higher around 2% to 158% per bushel.
Wheat No 2 yellow hard 1.24. No 2 soft red 1.20. Corn No 2 yellow 1.08. Oats No 2 extra heavy white 0.59. Soybeans No 1 yellow 2.70.
City Briers UAW seniors plan a noon potluck Thursday at the Ellis branch YMCA. Cedar Rapids Coin Club meets Wednesday at 7:30 in room 109 at the YWCA with visitors welcome. Dry cleaning specials offer two piece suits and more at Albert's Dry Cleaners.
USDA live poultry trailer rental ad lists white rock fryers hens and weekly rates. Butter eggs and potatoes price lines included with regional track sales and U.S. shipment totals. Technical Artists Iowa chapter meets at Standard Blue Print Co. Dean’s List recipient David L. Smith of Havencourt SW named at University of Missouri Columbia.
UPI notes cattle and calves at Sioux City market with decisions on slaughter steers above 1150 pounds rising 25 cents. Weights under 1150 pounds steady to 0.25 lower. Heifers steady. Gains led by choice steers at 2.25 to 2.80 per pound for 1000 to 1175 pounds and 26.75 to 27.50 for heavier ranges. other weights show 26.00 to 26.75 for heifers.
New York AP report notes wholesale egg offerings adequate and demand fair. Standards 34 36, whites Fancy large 39 402, fancy medium 32 33, fancy smalls 232 242, fancy peewees unquoted. Butter offerings fully ample. Demand quiet. Prices unchanged.
Paris based APS reports 26 doctors successfully separated 40 day old Siamese twin girls from Togo who were joined at the lower spine and buttocks. The 34 hour surgery left Blanche and Irene in completely satisfactory condition and rare sacral malformation corrected.
Rome AP reports Italy will replace the bronze 20 lire coin worth about four cents with a new 92 percent copper 6 percent aluminum 2 percent nickel piece. Officials say the old coins are unlikely to vanish soon with 144 million still in circulation.
Long Island Rail Road commuters endure an eighth day of disruption as 32 trains are scrapped during the morning rush. Officials cite a car inspectors slowdown and 53 trains canceled Monday, with daily ridership around 90,000. Union leaders threaten further action amid a dispute over layoffs and maintenance delays.
OELWEIN The Oelwein Junior Safety council earned its ninth straight Circle of Safety grand award for the 1968 vehicle safety check program. Members will be honored at a Chamber of Commerce sponsored banquet this fall. Co chairs were Chris Thiele and John Scheckel.
Howard Hughes offered $22 a share to acquire Air West Inc in a $90 million bid after expressing dissatisfaction with Las Vegas service. Air West’s leadership, including Nick Bez and David Grace, indicated opposition, citing stockholders’ interests and CAB approval doubts. Air West formed from Bonanza Pacif ic West Coast merger and operates between Phoenix Las Vegas and Las Vegas Reno.
Raul Cardinal Silva suspended eight priests who led a 14 hour occupation of Santiago cathedral and held a Rebel Mass with guitar and folk singing. The archbishop said they urged about 200 young lay Catholics to seize the cathedral for a protest. Priests may not celebrate Mass hear confessions or administer sacraments until they repent.
Thorp Finance Co. will be sold to International Telephone and Telegraph Corp for about 50 million dollars. Thorp directors approved the plan, but final signoff by 855 directors and stockholders is needed. Francis J. Conway, founder and chairman, notes 138 offices across four states. ITT began in 1920 as a holding company in the telephone field.
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