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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 30, 1964
Page
4
The stock market rally gained momentum late Wednesday afternoon in New York with volume estimated at 5.6 million shares, up from 4.45 million on Tuesday. Trading was active as investors steered prices higher.
Mrs. Ralph Utterback 38 died in a two car crash Tuesday morning near Toledo. Funeral services will be held Thursday at 11 a.m. at Toledo Presbyterian church with the body from French funeral home in Reinbeck. She was born March 5 1926 in Cedar Rapids and lived in Reinbeck Toledo and Cedar Rapids before moving to Toledo in 1963. She is survived by her husband two daughters a son her parents Mr and Mrs George Lodge of Cedar Rapids and a brother Don of Minneapolis.
Chicago estimates show 4,000 cattle 6,000 hogs 500 sheep. Hog prices slipped the third day, butchers 25 to 75 cents lower. cattle rose with slaughter steers up to 50 cents. Des Moines demand fair to poor, sow prices steady to down. Omaha reports 5,000 cattle with modest gains for slaughter steers and heifers.
Chicago AP report notes soybean futures rebounded after Tuesday’s decline as oil and meal futures rose. Corn and oats led gains with mixed movements across grains. cash provisions show No. 3 yellow wheat at 1.614 and corn around 1.24 to 1.25 per bushel amid sparse soybean sales.
Iowa Attorney General Evan Hultman issued an opinion expanding city power to provide rent subsidies to families displaced by any public construction project. The ruling removes the previous limit that subsidies were only allowed for urban renewal displacements, covering federal and state projects as well as street work and office buildings.
Charles Jiles, 49, was sentenced to 20 years in the Fort Madison state penitentiary for the fatal shooting of his uncle Booker T. Hinton. Jiles, found guilty of second degree murder on December 2 in Black Hawk County Court, heard statements from both sides before the sentence.
Sam Shulsky discusses a 22 year old teacher starting with a monthly $50 invest plan to beat inflation. He explains front load versus voluntary mutuals, monthly plans with no contractual factors, handling fractional shares, and emphasizes capital gain over small yields.
AP reports wholesale prices for poultry and butter steady in Chicago with roasters at 23 26c and special fryers 18 19c. Butter holds at various AA A and B scores with small shifts. eggs show weakness in Chicago with grades and colors priced from 24 to 36c. Idaho and Maine russet potatoes and Red River Valley reds cited with firm market and light supplies.
Sioux City stockyards report 3 000 cattle and 50 calves received. Trade active with slaughter steers and heifers up 25 to 50 cents. Choice steers 22.50 to 23.25 dollars. choice heifers 21.50 to 22.50 dollars.
Prices on the Cedar Rapids hog market Wednesday were 250 to 50c lower. Tuesday bulk 200 to 230 lb butchers were $16.00 to $16.25, packing sows 300 lbs down bid $13.25 to $13.75. Price adjustments apply by weight and grade delivered at the plant.
A hurricane cut a 100 mile swath through New South Wales and southern Queensland on Tuesday injuring more than twenty people and ravaging vacation resorts along the affected coast.
Algiers report says government troops killed an armed rebel and captured six others in a Wednesday operation. The clash was part of ongoing security actions in the region involving UPI sources.
Two mild earthquakes were registered in southwest Czechoslovakia on Wednesday, Prague radio reported.
Gov Harold Hughes and neighboring states promote a four day Lights on for Safety campaign urging motorists to drive with headlights on daytime and night from December 31 to January 3. He cites 1964 Iowa death toll and nationwide figures to urge caution and safety. Colonel Mikesch urges use of low beams only and headlights not parking lights.
Washington AP reports a 0.2 percent rise in living costs driven largely by higher new and used car prices amid GM and Ford strikes. The consumer price index reached 108.7, meaning goods cost $10.87 vs the 1957-59 base. Housing, clothing and medical fees also rose. earnings for a factory worker with three dependents rose to $93.61 weekly, up $1.43 from October and nearly 6 percent above 1963.
Probate notices announce the probate of Ira D. Methven and Juanita E. Jackson in Linn County Iowa. Executors Patricia Helen Moloney and Thomas Childs Jackson are appointed, with six month claims periods and deadlines for filing with the district court. Creditors must present authenticated claims for allowance or be barred.
A collage of help wanted notices and babysitter ads. Listings include hotel beauty salon manager, drug store clerk with afternoons and evenings, multiple babysitting positions with varying hours and locations, a live-in hotel worker, and nursing home aide. Contact numbers and locations such as Holiday Inn Restaurant, Cedar Hills Shopping Center NW, Amana Bakery, Center Point, and Montrose Hotel are given.
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