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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 13, 1960
Page
2
Chicago hogs sagged 25 to 75 cents as the largest Tuesday supply in 11 months hit the market amid weak demand from shippers. Slaughter steers held steady to 25 cents lower.
USDA Chicago report shows hogs 12 000 head with prices mainly 15.75 to 18.75 for various weights and grades, cattle 4 500 head with steers 24.25 to 27.75 for selected loads, calves light activity, sheep 2 000 head with lambs and ewes noted at mixed price ranges.
UPI reports moderate activity with week receipts around 75 000 down from 96 000 last week and 79 000 year ago. Butchers list steers by weight from 15.00 to 17.00 per hundredweight and sows vary from 11.35 to 15.40 per hundredweight across weight ranges.
UPI notes slow trade at Sioux City livestock yard with 300 calves. Slaughter steers 1150 pounds and lighter steady, heavier weights not established. Heifers slow to steady with good and choice heifers around 22 dollars and prime loads of 1200 pounds.
Omaha market notes steady demand for Jackson steers and heifers with prices for good to choice steers at 22.50 to 26.50 per hundredweight and good to choice heifers at 22.00 to 25.75. Cattle quality ranged from good to choice as buyers and sellers adjusted bids.
Cedar Rapids hog market prices slid Tuesday with losses of 15 to 25 cents. Monday’s weighed butchers at 200-220 lbs brought 16.40 to 17.25 dollars per head based on grade and plant-delivered conditions. Packing sows 300 lbs and under quoted 14.75 to 15.35 dollars.
Prices show eggs at 35 to 38 cents for large and 30 cents for medium. Higher prices paid for plant delivered eggs. Wool and grain notes include No 2 yellow corn at 2 cents, soybeans at 1.96 dollars, oats at 60 cents.
New York AP reports stocks closed modestly lower in a quiet session led by small losses. Traders noted volume around 3.2 million shares with subdued turnover and little impetus for broad market moves.
MARENGO Ed L Hibbs 81 former Marengo resident died Monday in Portland Oregon Surviving are his wife two brothers including R R Hibbs Marengo and two sisters Services will be held Wednesday in Marengo.
John D. Sheaffer is named vice-president of marketing for Sheaffer Pen Co replacing Edmund F. Buryan who resigns to become president of Minneapolis Moline Leon H. Black moves up to head international operations from his post as executive vice-president The announcement comes from Fort Madison AP.
Chicago AP report notes steady to heavy selling in grain Tuesday as traders cash in profits. Wheat fell 1 to 15 percent, corn steady to 7 percent lower, oats steady to 14 lower, rye down 1 to 14 percent, soybeans down up to 1 percent.
No wheat oats or soybean sales. Prices listed for yellow corn and soybeans with assorted percentages and figures. Soybean oil and feed terms included with miscellaneous cents per unit.
AP Chicago notes steady wholesale prices for butter eggs and live poultry. Butter 93 score AA 60c, eggs mix 42c, whites 42c, standards 41c, live poultry white rock fryers 19 1/2c, roasters 26c, hens 37c. Potatoes arrivals 80, Idaho Russets 4.80 to 5.15, Red River Valley reds 2.60 to 2.75, supply and demand moderate, market steady.
AP USDA notes adequate butter with spotty demand and creamery grades 93 AA 62 1/2 762 and 92 A 62 4 90 B 62. Eggs show light demand with extras 48 50 lb boxes and standards 43 44 1/2 cents per dozen.
At the American Farm Bureau Federation convention in Denver Roger Fleming warns government intervention may destroy family farms by shifting markets to synthetic products. He argues agencies unions and politicians seek to speak for farmers, and urges farmers to build strong independent organizations.
The Stockholders of First Trust and Savings Bank will meet at its Cedar Rapids office on January 10, 1961 at 3:00 PM to elect directors for the ensuing year and conduct such business as may come before the meeting. Prank Stastny, cashier.
City brief notes a noon Thursday showing of the color film Seconds for Survival at the Roosevelt hotel near Omaha, a pictorial tour of the SAC base. Also listed are holiday color logs, lumber ad, coin club meeting at YMCA, gift items, larceny report, story hour at the library, fur coats, cleaners, and art emporium promotions.
Operation Frank W Fish son of Mr and Mrs Kenneth W Fish 2915 Mansfield Ave SE a Georgetown University student Washington DC underwent surgery Monday at Georgetown University Hospital condition considered good
Plumbers Elect Frank Tvrdik Jr as president of the Master Plumbers at a Monday night meeting. Mel Galbraith was named vice president and Ted Thomas was re elected secretary and treasurer.
A Christmas Walk sponsored by First Presbyterian Church invites visitors to tour seven beautiful homes from 10 30 a m to 4 30 p m on December 15. Admission is 2 00. For information call EM 4 6148.
Two Cedar Rapids educators receive life memberships in the Iowa State Education Association. Mrs. Iida B. Claassen of Ely taught primary grades here from 1933 to 1956, and Miss Ethel M. Shean of 117 Sixteenth St NE was an elementary teacher for 29 years.
Scout court of honor at Emerson school awards include First class ranks for Repstein Sharp Fisher Maher McBride Second class for Bennett Victor McCallum 50th anniversary awards for Godar Herring and more plus merit badges and leadership posts. Also local real estate transfer at 1410 Eleventh Ave by Alma A Henderson Realtors and anniversary note for Mr and Mrs Frank Sieck. Marion Chamber notes and mayor notes on new industry site readiness.
Circles One and Two of St Pauls Lutheran Ladies Aid Society plan a Christmas party Thursday at 7 30 p m in the church. Instead of a gift exchange fifty cents will go to the Fort Dodge Homefinding Society. Hostesses include the Mines Edward Vesey Arnold Williams Thomas Wickham Charles Zern and Joseph A Zikmund. Mr and Mrs Richard Hodge 1540 Dave entertain Saturday evening before leaving for Marion newcomers club dinner dance at Indian Creek Country Club. Guests included the Edward Kroegers Donald Robins Donald Ahlbeck and Ralph Hilmers.
Torchbearer rank awarded to Linda Taylor 12 daughter of Dan E Taylor and firemaker rank awarded to Bea Hauter 12 daughter of Rev and Mrs J P Hauter both members of Ka-We-Ta-Ya Camp Fire group in gardening and camp activities.
Walker high school basketball faces Linn-Mar on Tuesday at 7 15 p m at Linn-Mar school. Linn-Mar wrestling goes to Anamosa on Thursday. Friday Linn-Mar basketball meets Troy Mills at Troy Mills in an evening game.
Marion retail merchants offer a $25 savings bond for the best letter to Santa Claus. A mail box stands in front of Santa's trailer at the city park for entries. The winner will be announced December 27.
Reading Circle members schedule a Friday 1 p.m. party at Bishop's Buffet Lindale Plaza followed by a program and a 50 cent gift exchange at Mrs Leslie Dunn's home. St Jude's circle of St Joseph's church meets Thursday 7 45 p m with Mrs Clarence Frett for a Christmas party and dollar gift exchange. Mr and Mrs James A Neff return from Rozelle Illinois after visiting their son Claire Neff and family. Time to turn unused items into Christmas cash Want Advertise them Dial EM 2 1121 Adv Mrs Harold B Phillips
Irol Walker was elected noble grand of Grove City Rebekah lodge No. 35 during Monday’s IOOF hall meeting. Marjory Sieck and Della Hughes were chosen vice grand and recording secretary, with Virginia De Vault as financial secretary and Arleda Strausser as treasurer. Lulu Luse was named trustee Installation is set for January 9.
Sorosis club plans a 5 30 p m dinner at Bishop's Buffet Lindale Plaza. After dinner the group meets Mrs Gordon Har stad for a program and gift exchange.
Your return to health or continued good health depends upon you, your physician and your pharmacist. For first quality prescription service depend upon Sorg Pharmacy.
PARIS AP Gen Adolph Heusinger of West Germany was named chairman of the permanent military committee of NATO. He replaces Gen B R P Hasselmann of The Netherlands. The committee is composed of delegates named by each chief of staff of NATO powers. They provide military guidance to the alliance.
Mr and Mrs Herbert Conger of St Louis Mo visited Marion with their cousin Helen Conger after a trip from Sioux Falls S C. Conger a marine inspector formerly of Marion will transfer to New York City in the spring and they plan to move there.
Lincoln Elementary PTA schedules a Thursday 7 pm meeting in the Lincoln auditorium with a short program for parents. Notices include a knitting class at Mrs. Harry Lehman’s home, a 10 percent store discount night, and classified ads for a Peru hospital patient with illness, a cafe job opening, a Bradenton vacation report, and a rental house ad at 2460 7th Ave with gas heat and contact number.
Mrs. Paul Perkins of Fremont Indiana spent the weekend as a guest of Mrs. Clifton Hawk, enjoying a brief sojourn with the family.
Secretary of state designate Dean Rusk told reporters he plans to strengthen U S relations with Europe and will not comment on policy questions before January 20. He stressed policy statements must come after consultations with experts and under responsible conditions.
Iowa Supreme Court issued rulings Tuesday in several cases including Cedar Rapids Community School District vs City of Cedar Rapids reversed and remanded in an injunction dispute Beck vs Cousins Fayette election contest reversed Credit Industrial Co vs Happell Inc Johnson trade acceptances affirmed and Board of Directors vs State Board of Public Instruction Cedar school reorganization affirmed.
The Iowa Good Roads Association presented merit awards to 16 individuals for outstanding service to highway betterment and safety. Recipients included four Iowa Highway Commission members Robert L. Brice Harold J. Teachout Harry J. Bradley and Jo Stong, with William H. Nichols receiving an award while lieutenant governor. Also honored were state senators D. C. Nolan Gene L. Hoffman Carroll F. McCurdy, state representatives Russell Eldred Merle Hagedorn and Neal Pierce, Muscatine County Engineer James Dougherty Linn County Supervisor Miles P. Sutera Charles F. Iles Des Moines Kenneth Robinson Bayard and committee contributors Harold Hanson and James Coyne.
Sam Shulsky replies noting Haydn Industries price at about 3/16 and no current Commercial Currency prospectus. He warns it is illegal to sell a new issue without a prospectus and suggests skepticism given the broker is out of business, advising the reader to focus on established firms like IBM, U.S. Steel, and General Foods.
Readers' questions appear in Mr Shulsky's column when possible for investment guidance. The paper invites inquiries with stamped self addressed envelopes for distribution of a suggested investment list.
Mrs Layton Secor noble grand of Keswick Rebekah lodge at Millersburg received honors at a farewell event Sunday evening. She and her husband have bought a business in Williamsburg.
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