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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 05, 1960
Page
3
Demand for butcher hogs was brisk as 9 500 head sold out early and prices rose to 25 cents. Slaughter cattle and calves showed mixed shifts with prime loads and varying steers and heifers. Des Moines receipts remained active with markets largely steady to higher on several weight classes.
Receipts reach 18,000 head including 600 stockers and feeders and 5,000 calves. Trade fairly steady to lower with early sales of steers steady to 25 cents per cwt. Heifers not yet established. Good to choice slaughter steers bring about 23.00 with high choice two loads at 26.75.
UPI reports Omaha cattle receipts at 22 000 with calves 2 500. Slaughter steer trade very slow and weak to lower, most still in first hands. Prices show high as 26.00 for prime heifers and 22.50 for top choice steers, with other grades around 22.25 to 25.60 and 24.50 up.
Prices on the Cedar Rapids hog market rose a quarter with butchers 200-230 lbs at 16.00 to 17.10 delivered at the plant. Sows 300 lbs down quoted 14.75 to 15.60, with weight-based adjustments and packers discounts up to 360 and beyond 360. Egg and grain figures follow with listed ranges for large eggs 40 to 67 cents and corn at 88 cents.
NEW YORK AP Stocks settled lower as trading slackened late Monday. Volume was estimated at 3.2 million.
Strawberry Point report: Paul Baumgartner elected president of the St. Sebald Lutheran Brotherhood last week. J E Hoskyn chosen vice president Albert Otdofer treasurer and Carl Schmidt reelected secretary.
AP report shows butter and eggs holding steady with unchanged wholesale buying prices. Live poultry receipts reach 2,000 lbs with mixed price shifts from 18 to 25 cents for fryers and roasters. potatoes arrivals total 176 with Russets and reds selling amid moderate demand and slightly stronger markets.
New York produce shows adequate butter demand good with creamery at 93 score AA and other grades around 92 and 90. Eggs are fully ample to burdensome with spotty demand and various extras and standards priced in the reported ranges.
In Chicago market trading showed moderate demand against light offerings. Wheat held steady, corn and oats moved slightly higher, rye rose modestly, and soybeans gained up to one and a half points as traders navigated a slow session.
Chicago AP notes grain markets with no wheat or soybean sales. Corn prices range across various yellow market grades from No 3 to No 5 with cents per bushel shown, including sample grade yellow and oats. Barley priced for making choice and feed grades, reflecting market activity and unit values.
Six persons were injured in a series of traffic accidents in Cedar Rapids. Dennis Perrin, 3, suffered a fractured left leg and head abrasions after colliding with Ross Groves at 2:30 p.m. near 1060 Center Point Road NE. Gerald H. Corey, 52, was charged with drunk driving after a head on crash at 1900 block of Sixteenth Ave SW. Emma Meeley, a passenger, had facial and knee injuries. David Wagner was charged with loss of vehicle control after a collision with Glenn Barr at First Ave and Eleventh St SW. Mrs. Virgil Smith sustained lip cuts after a two-car crash at Sixteenth Ave and Eighteenth St SW. Chester George was charged with failure to control after a collision with Jack Beachler at Third Ave and Second St SE. Mrs. Chester George treated for a leg laceration at St Luke's.
Minnie Triggiani, 57, of Oelwein, was listed in good condition at Oelwein hospital after being struck by a car while crossing a street on her way to work. The driver was Dale Sawyer.
Harry L. Rowley 53, of 1960 Seventh Ave, a machinist with Allis Chalmers Co., died Monday at a Cedar Rapids hospital. Born November 11, 1907 in Elizabeth Illinois, he married Rachael Brinkman April 29 1936. Survived by wife, mother Mrs Webb Rowley of Pueblo Colorado two sons Richard Marion and Keith Cedar Falls a daughter Carolyn at home four grandchildren two brothers Kenneth Nevada and Ralph Denver. Services Wednesday 1:30 p.m. at Murdoch Chapel Marion by Rev Herbert G Kohl. Burial Cedar Memorial Cemetery. Friends may call until 12:30 Wednesday when casket will be closed.
Earl E. Gilbertson of route 4 Marion, a general foreman for Wilson and Co, died at 12 35 am Sunday after a sudden illness. Born August 12 1913 near Albert Lea Minnesota he was married to Inez Tukua August 3 1935 at Northwood. He leaves two sons Gordon and Gary two daughters Mrs Richard Lund and Jill, two grandchildren and several siblings. Funeral at First Lutheran Church with burial Cedar Memorial. Friends may call Turner Chapel Cedar Rapids.
Eighth grades begin practice this week with fifth and sixth grade sessions Wednesday at 4 45 and high school Friday at 4. Christmas flowering plants offered with free Marion delivery from Pier son s Florists near Empire 49121. Longfellow PTA to honor teachers at a Christmas dinner tonight at 6 30 at Suburban restaurant with 40 guests. Marion city council meets tonight at 7 with a combined session with the Planning and Zoning Commission at 8. Senior Hi Y organizational meeting at 7 in the Y with recreation from 7 to 7 45 and a business meeting afterward.
The reader aged 58 with 5% NY Central stock and 95% uninsured savings asks if liquidity or a 25% stock allocation is wise. The adviser says avoid stocks if worried, notes market risk, and suggests 25% in quality stocks is acceptable for someone who can bear the risk.
Classified page listing many home services and job ads. Includes basement waterproofing painting hauling snow removal rubbish and junk collection carpentry work and general repairs. Also features child care ironing alterations housekeeping moving help and employment opportunities with contact numbers.
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