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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 14, 1967
Page
2
The stock market ended lower in a shortened Monday trading session as profit-taking persisted. The week starts with reduced hours to help brokerages process backlogs, leaving advances modest and many issues lagging. Polaroid Xerox Ling-Temco-Vought and Fairchild Camera struggled.
Readable sections show a mixed list of company names and stock prices including Lear Siegler T- value and Texaco Toward notable items. The column notes a long series of percentages and prices with occasional annotations regarding dividends and stock events.
DETROIT AP A 22 year old Negro, Michael Lewis, was charged with aiding Detroit riots that last month left 43 dead and over 500 million dollars in damage. He was named in three warrants for urging rioting and participating on at least two occasions. Max penalty is five years. Lewis was arrested near his home in the Twelfth Street fringe where the riot began July 23 after a raid on a blind pig speakeasy.
James M. Meskimen of 921 Old Marion Road NE earned a Master of Arts in physical education from Colorado State College in Greeley Colorado.
AP reports butcher hogs sold steady to strong in Chicago trading. Slaughter steers rose 25 to 50, while lambs held steady amid a busy market on Monday.
Chicago market reports show hogs 5 000 head with varied price ranges by weight and class. Cattle receipts 8 500 top seen in slaughter steer and yield categories with price spreads. Sheep volumes steady with lambs and ewes priced across weights and quality levels. Des Moines Iowa trade notes similar activity with buyers steady and price ranges by weight class.
The market shows calves around 500 to 1,200 pounds with steers near 26.50 to 27.50 per cwt and heifers from 25.25 to 26.00 per cwt. Readable figures indicate trade activity and price ranges for live cattle at the Sioux City sale.
Cattle and calves at Omaha market mostly higher with feeders steady. Feeder calves and steers up about 25 cents, cows largely steady to 25 higher, heifers mixed with gains, high choice quality noted. market activity uneven amid sparse details.
Prices paid Saturday for the Cedar Rapids hog market large domestic weights 200 to 230 pounds ranged from 20 50 to 21 00 with adjustments for higher weights. Packing sows 300 pounds down brought 19 00 to 19 25. Butchers priced 25 cents lower per 10 pounds from 230 to 300 pounds. Packers receive 50 cents off per grade weight from 300 to 400 pounds 75 cents off from 400 to 500 pounds and one dollar off above 500 pounds. Cattle market noted at 1 07. Soybeans listed at 2 55 and sheep and lambs market appears with limited detail.
New York Patrolman Robert Turner on a trip to Florida for two weeks annual training stopped at Kennedy Airport to follow a special serviceman form. After learning forms were unavailable in Manhattan he helped subdue a knife-wielding assailant in Brooklyn and attended court before resuming his flight.
Wheat futures slid about 4 cents from their intraday highs as broad liquidation pressured grains. By close, wheat was 4 to 40 cents lower. corn, oats, rye also fell, while soybeans showed mixed moves.
Market notes show soybeans trading near firm levels amid unsettled demand. Traders monitor crops and export prospects as prices hover around support levels with limited movement in early activity.
CHICAGO wholesale milk and eggs mixed with erratic listings show steady egg prices and variable arrivals. Butter creamery values range around 67 to 68 cents with demand regular. New York butter and creamery scores listed among mixed price ranges.
Fred Thompson a 64 year old from 1112 avenue NW lay in fair condition at St Luke s hospital after an early Sunday assault at the Twin Towers service station 2929 Sixteenth avenue SW. Detectives say he was struck on the head possibly with a lap and robbed of 185 32. Thompson was found unconscious in the station garage around 5 am Sunday.
Three people were hurt in a three car crash Sunday evening at Sixth street and Sixteenth avenue SW. Margaret Klein and her daughters Linn and Julie were checked for injuries and released. Elmer Klein, Leonard Ehrig and James Bemis were involved. no charges were filed.
Eleven miners died and one is critically injured after a fire damp explosion in a coal mine near Mieres. Forty nine men escaped. the incident occurred just after the morning shift entered the 300 foot deep pit. Rescue teams recovered bodies and the injured worker after hours of digging.
UAW seniors plan a potluck dinner at the Ellis YMCA on Thursday. bowling practice at Mays City Lanes Aug 15 to 23. Parents Assn meets Pierce school to discuss bus transport. Reports of a gun theft and beer theft. World War I vets meet at Bever park zoo hill pavilion for potluck and meeting. Bowling leagues forming at Tropic Lanes with contact number.
Lone Tree community school and Johnson county boards appeal a July ruling dismissing a proposed reorganization that would transfer about two thirds of Nichols district into Lone Tree. The suit claims the state department exceeded jurisdiction and acted arbitrarily against departmental recommendations.
British Foreign Secretary Brown arrived in Oslo on Monday for a three day official visit. He is set to meet Norwegian leaders to discuss bilateral ties and regional security.
Stewart Shank became the first city council member to take nomination papers for the 1967 council election year. Mayor Bob Johnson will not seek reelection. Remaining council members Gardner Bush and Canney had not announced. Filing deadline is Oct 10 with the city primary on Oct 24 and the election on Nov 7.
A 24 hour strike by about 60,000 transport workers halted all government trains and buses in New South Wales as negotiations with the state government broke down over wages. An unrelated journalists and printers strike continued into its 14th day.
In Aden Crater district a Yemeni royalist nicknamed the man with the gambia was shot to death after a spokesman said he fired the first shot from seven yards and then closed in.
A break-in occurred Sunday night with several cases of beer and groceries taken, police report says. The incident details list a 7:30 a.m. Monday recovery time and ongoing investigation by local authorities.
Authorities seek Laverne Paul Grauerholtz 20 of Vinton missing since Sunday night after walking away from Luster Heights work camp near McGregor. He entered the state men’s reformatory July 8 1966 on a 10 year sentence. he is described as 5 11 and 150 pounds with brown hair green eyes and a forearm scar. He wore prison blues at escape.
Betty Furness will marry producer Midgley, 52, a Columbia Broadcasting System documentary producer. The couple met three years ago at CBS where Furness had hosted radio and television programs.
Farm vandalism at Vernon Moser and James Horstman farms north of Colesburg caused an estimated damage of at least 50 dollars. Police investigated the incident as a property damage case.
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