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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Dec 30, 1970

Page

10

Stocks Slip After Rally With Mixed Blue-Chip Shifts

Wall Street teeters as profit taking cools a six day rally. Dow at 841.32, down 0.68. NYSE sees advances ahead of declines. large blocks include General Portland Cement, Williams Bros, and CNA Financial. Investors move from blue chips to speculative issues amid mixed prices on AMEX and Nasdaq-like listings.

New York Wall Street New York Stock Exchange General Portland Cement Williams Bros CNA Financial American Telephone & Telegraph

Stocks Show Biggest Gains and Declines by Percent on NYSE

A New York listing details percent changes on the NYSE with net and percentage shifts from yesterday's close to today's last price. The table includes note footnotes on dividends, stock splits, ex-dividends, and special cases such as new issues and bankruptcy status.

NEW York New York Stock Exchange

Chicago Produce Market Report Sees Steady Demand and Light Supplies

UPI Chicago report notes total shipments 226 arrivals 13 track 84 supplies light demand fair market steady. Idaho offerings light and Minnesota North Dakota Red River Valley round reds priced 3.10 to 2.85 with varied appearances. Wisconsin sales none. New York AP USDA sale offerings inch up demand fair to good. whites fancy large 421-4412 fancy medium 37-40 fancy smalls 27-44.

Chicago UPI Idaho Innesota North Dakota Red River Valley Wisconsin NEW York Produce New York USDA

Michigan First Abolishes Death Penalty in 1847

Michigan becomes the first state to abolish the death penalty with a 1846 law taking effect in 1847. The gallows remain for treason, preserving a colonial-era option for the state.

Michigan

Steers Strong To 25 Lower In Slaughter Trade

USDA estimates Thursday receipts at 300 cattle in Chicago. Slaughter steers fell up to 25 cents, heifers rose as much as 50 cents, with total cattle receipts at 5,000 head.

Chicago USDA

Market Report Chicago US cattle and sheep prices

Cattle through 5,000 head with slaughter steers over 1,150 pounds steady to weak with some 25 lower. lighter weights steady to strong. Prime 1,200-1,375 lb slaughter steers yield grades 3 and 4 28.50-29.00. high choice 1,050-1,400 lb 28.00-28.75. Heifers 950-1,400 lb yield grades 2-4 27.50-28.25. good 25.50-27.00. Utility cows 18.00-20.50. Sheep 100 head, lambs 100-108 lb wooled slaughter 24.50-25.50.

Chicago USDA

Meat trade report from Des Moines livestock market

UPI reports uneven demand with fairly good activity. Butchers steady to 25 cents lower and sows down up to 25 cents. Receipts Tuesday 104000, week 60000, year 42000, Wednesday 75000. Prices vary by weight class with U S 1 3 200 230 lb butchers 15.00 16.00, heavier cattle 12.00 16.50, sows 9 12.50 across sizes.

Des Moines UPI U.S

Omaha Livestock Prices and Classifications Report

UPI notes 3,500 cattle with calves none at Omaha markets. Steers and heifers range steady to weak, cows steady. High choice and prime 1,075 to 1,200 lb steers at 28.00. 26.75 to 27.75 for choice. 24.25 to 26.75 for good and low choice. Heifers 975 to 1,010 lb at 27.10. 25.75 to 26.75 for choice. 23.50 to 25.75 for good and low choice. Utility and commercial cows 18.50 to 20.00. canner and cutter 16.50 to ?

Omaha UPI

Sioux City Livestock Cattle Prices Steady to Mixed

Sioux City IA AP USDA report shows cattle prices with steers 950 to 1300 pounds at 26.75 to 27.50, down to 25.50 for some ranges, heifers 850 to 1050 pounds at 25.75 to 26.75, with steady to weak demand.

Sioux City Livestock Sioux City USDA

Midwest meat prices show mixed changes in cattle and pork

AP USDA report notes choice steer beef steady to 25 lower with two point drop, choice heifers steady, good heifers down about 50. Pork cuts rise 50 to 2.00. skinned hams fall 1.00 to 2.00. seedless bellies hold steady. Steer beef 600-800 lbs at 43.50 to 43.75. heifers 500-700 lbs around 42. smaller cuts listed with varied prices.

USDA Midwest Meat Trade

Cedar Rapids market reports steady to lower hog prices

Cedar Rapids hog market Wednesday seen steady to 25 cents lower. Tuesday’s bids for 200 to 230 pound butchers ranged 15.25 to 16.00, with weight-based reductions beyond 230 pounds. Sows 300 pounds down quoted 12.00 to 12.25. Packers and weight grades saw further cuts per 10 or 50 to 75 cents beyond various thresholds. Sheep and poultry quotes listed, along with delivered grain prices for No. 2 yellow corn and soybeans.

Cedar Rapids

Cuts Inflicted On C R Man in Robbery Attempt

Ronald Wilson, 22, of 1430 N street SW, was beaten during an alleged robbery Tuesday night and treated at St. Luke's hospital for throat and forehead lacerations. He drove to a mailbox at Second Avenue and Eleventh Street SE, was attacked from behind, resisted, and the assailant fled after blood appeared. The suspect, about 6'3" and 200 pounds, remains unidentified.

Ronald Wilson N Street St. Luke's Hospital Wilson Second Avenue Eleventh Street SE

Grains Slip as Trade Slows in Holiday Session

In Chicago, soybeans fell over 3 cents with January at 2.92 as all other commodity futures eased. Trade was slow for year end holidays. Wheat eased, March at 1.68. Corn down 1.54, oats off about 1.0.

Chicago

Chicago cash grain prices and oil quotes

Market bulletin lists No 2 hard red corn at 1.54 to 1.56 per bushel and No 2 oats at 55 to 60 cents. No 1 yellow soybeans trade around 2.90 to 3.00 and soybean oil near 12.00, with related cent exchanges for futures.

Penick Names Treasurer and Promotes Two Officials

Austin Sparling, longtime treasurer and CFO at Edward Hines Lumber Co in Chicago, is elected treasurer of Penick & Ford in Cedar Rapids. Sparling, a University of Minnesota graduate, and his wife plan to move to Cedar Rapids soon.

Austin Sparling Edward Hines Lumber Co Chicago Penick & Ford Cedar Rapids Sparling University of Minnesota

Barington firm announces leadership changes at Penick

Fo Lok Huston Austin Sparling and Robert L. Fisher will lead Penick and Barlington operations. Huston, former treasurer since May 1967, will stay as financial consultant after retirement. Sparling and Fisher receive top posts with Fisher named controller. he joined as accountant in 1966 and became credit manager in 1968.

Barrington Ill Penick L. L. Huston Sparling Huston Robert L. Fisher

City Briefs and Advertisements in Mercy Area

Hospitalized Roe C Mc Cabe at Mercy hospital with surgical illness. Various ads list services from Alterations and repairs to cleaners, office space for rent, and New Year promotions. Kenwood library hosts preschool story hour. blue bank deposit pouches reward offered. Arrest reported for James A Santee on assault warrant. bond set at 1000. Theft reported at Jerry Curd’s apartment. New Year hats and party goods advertised. Local service ads include rug washing, laundry, cleaning and 24 hour Clask-A-Save.

Legislator Protests Ray Inaugural Cost in Iowa

DES MOINES Iowa lawmakers plan to spend January 14 on idle acts as the state braces for Gov Robert Rays inauguration at Veterans Auditorium. A veteran lawmaker says the event will cost about 15000 and is unnecessary since Ray has already been inaugurated once. Rep Floyd Millen objects calling the gathering waste of time and recommends cancellation.

Des Moines Iowa Robert Ray Floyd Millen Farmington Ray Veterans Auditorium

Iowa House Speaker Pro Tem Millen Begins Second Term

Millen, age 50, will enter a second term of office next month as speaker pro tem of the Iowa House. His first inauguration cost 10,359 dollars.

Millen Iowa House

Cedar Rapids Post Office and Library Holiday Hours

All Cedar Rapids Public Library agencies except the bookmobile close at 5 p.m. Thursday. The bookmobile visits St James Methodist church on Ellis boulevard NW from 2 30 to 4 p.m. All agencies closed Friday for New Year’s. Regular Saturday service resumes at 9 a.m. Postmaster Charles Seda notes Saturday mail delivery will occur as usual. New Year’s Day schedule mirrors holiday and Sunday operations.

Cedar Rapids Charles Seda

Triple X Movie License Granted At Mason City

Mason City officials granted Richard Davis a temporary operating permit for Mini-16 to open a theater in Mason City with a $10 daily fee until April 1. The council delayed full effect of the license to comply with an old ordinance, prompting an emergency session after Davis announced plans to open Wednesday amid prior suit actions in Fort Dodge and ongoing legal entanglements over his chain of theaters.

Mason City UPI Richard Davis Davis’ Corporation Davis Des Moines Ttheater Fort Dodge William Hansen Iowa

Also Mentioned on This Page

American Stock Exchange Royal Inns Austral Oil Hech’s Equity Corp Tenneco Brascan Ltd Piper, Jaffray & Hopwood Rein Nks Beatrice Foods Kerry-Bur Consolidated Foods United Group Harnischtor Interstate P Mettowa Electric Lee Life Lowa Apco Bialagness Haere Mid-America Wilson and Co. Wilson-Sinclair Tee Mvorerglia Mieuel Mtstatt Val Bri Esterline Cp Bess Luchoway Chesses Adams Spartan Ind Ve Mill Ralston nMot Anco Raytheon Readi Me Geneseo Wees Global Marin Royccola Joe Min Gustutil CMC Scoa Ind Halliburt Harris Int eclaMn Jr Lew Pack Ignal Co Electra HollySug Maar Co House Howmet Partans IdahoPw Sperry ’ Ideal Bas Olisman New Ve Pri Sautch Ifek Corp John John Te Tektronix Katy Texas Textron Va Kenncott AmBadest Timesmir Timken KimbClk Feratico Meipw Va At&t Libbmcn Va T&t Unoilcal Inc Ve Amp. Inc Ve Littenind LukensSt Va US PsyCh Va Lyk Yng Asd Atl Richard US Steel Atlas Chem 1 Atlas Corp Ve Macke Co Ve Univer Magnvox Marath Varian Assoc Marcor Eens Babckw Ve Vaeipw Balt GE Va Artiam Beech Air Wstn Air Lin Va Bell How Wn Banc We Mead Corp WnUnion Bensue Brit Pet Xerox.Co Brunswk Monsenk Zenith Zale Corone Budd Co Associated Press Bulova Corey Airlin Cadence Ind Nat Bisc Cal Finant L Nat Cashe Certt Air Ohio Newmat ChiMil Spp ChiPneu Norfolk Chris Cft Norris Chrysir Itfin itiesSve NoStaPn Va Norop Norton Coloinist NortSim E Colu Gas ComilSoly Occi Pet Omwe Olin Corp ConNat Otis Elev Omarkin Corp Va Owen Ill T&t Cudahy Va Penney JC Curtisswre PaPwLt PennzUn PepsiCo DanRivr Izer Phelps Phila Bayin PL Deere Co Phil Morr del Mate Phill Pet Diam Puebloin Duke Py Dressir Ugs PL duPont Pullman Ter Questor Eas Air Lin Eas Odak Ja Lamson Brothers Eaton Ya Fair Hill Inc Fordm ForMeKs Dyn Gannett Chicago Livestock Hogs Omaha Livestock C.R. Markets C.R. Man Chicago Cash Grain Livestock Futures Chicago Mercantile Exchange Boss Eay Pehee Lok, Huston Austin Roe C. McCabe Josephine Jane Mercy Hospital Atsert's Ist Ave Ist Ave East Professional Building Kenwood First Avenue SE Vernon Village Executive Plaza Ellis Blvd Rose Mar Smorgasbord Baron of Beef Buffet Longbranch James A. Santee Eleventh Street Justice of the Peace Glenn Powers Powers Jerry Curd Tenth Avenue SE J. and E. Company Maxine McNeil Janice Cook Ely General Mortgage Corporation of Dominion Electric P.O. Box First Avenue Mary Smith Wemorawar Esas A Morris Plan Mortgage Company MorAmerica Financial Corporation Morris By Waly Waterloo Davenport Dubuque Clinton Iowa City Burlington Bettendorf Marshalltown
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