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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 02, 1960
Page
2
Chicago market report shows butcher hogs dropping up to 50 cents as demand wanes for about 11 000 head. Slaughter steers firm to higher, cattle and calf trades varied with valued lots and ranges, hogs 11,000 head, cattle 4,500, sheep 1,500 with mixed price movements across grades and weights.
Des Moines reports hog market activity with Tuesday receipts around 65 000, down from last week trading at steady prices. Butchers range 180 to 550 pounds with quoted classes and sow weights showing 8.75 to 12.15 per hundredweight and prices shifting modestly by 15 to 25 cents.
UPI reports steady hog prices in Waterloo with bids by weight. 160-170 lbs fetch 9.25 to 9.75 dollars, 170-180 lbs 11.00 to 11.75, 180-190 lbs 11.25 to 11.75, 220 lbs about 11.80, 330-360 lbs around 10.75, and 360-400 lbs about 10.75 dollars per hundredweight.
Sioux City cattle receipts near 5,000 with calves at 159. Fairly active demand with choice steers and heifers steady to 25 cents higher. Within weights, under 1,200 pounds steady around 25.50 to 26.75, heavier cattle to 24.50, high choice and prime steers to 28.00. stock heifers 25.00 to 25.50, some high choice and prime 1,000 pound heifers near 27.00.
In Omaha cattle market report, receipts reach 10,000 with calves at 50. Slaughter steers and heifers steady. good and choice steers bring 22.25 to 26.50 with some prime 1,148 to 1,175 pound lots at 27.00. Most choice steers under 1,200 pounds fetch 25.50 to 26.50. good and choice heifers 21.50 to 26.50.
Wilson and Company operates a limited call hog and sheep market with delivery by live stock owners. Hog prices Tuesday were steady with butchers 200-220 lbs fetching 12.85 to 13.35 dollars and packers 330 lbs and down at 11.35 to 11.85.
Motors paced a sizable stock market recovery in New York as volume neared 3.2 million shares. Key issues advanced about 2 points with more speculative stocks rising 6 to 7 points late in trading.
Francis J. duPont Co presents Dow Jones Averages from 404 Merchants National Bank Building with W. H. Jump as manager and telephone contact 49151.
AP reports mixed butter receipts at 753,000 and unchanged buying prices, with several grades and items listed including eggs and live poultry. Potatoes show arrivals at 62 and US shipments at 424, with demand for Russets weak and round reds moderate. regional prices cited for Idaho bakers and Red River Valley Pontiacs.
Chicago AP reports buying activity on the grain market as prices showed resistance to further selling. Brokers said the mood suggested declines may have run their course with mixed moves across wheat corn oats rye and soybeans as buyers stepped in.
Mizpah Lodge hosts a Wednesday ladies night meeting at 7 30 at the Masonic Temple with refreshments. Greene Square Rest Homes offers private rooms for bedridden patients. EM 4 3773. Shriners hold an old fashioned smorgasbord stag for Shriners only Friday at 6 at the Embassy club. Helen Duncan has been discharged and is convalescing at 403 Dunreath Dr SE. Ahepa meets at St John’s Greek Orthodox church at 8 15 tonight. Mrs Claire Gallagher mourns brother Frank C Gallagher former Cedar Rapids resident. Story hour at the public library Wednesday 10 30 with Mrs Keith Stapleton storytelling. Delmar Michaelis family returned from Dodge City after death of Mrs Michaelis’ mother Mrs Alec Nuss. First Presbyterian to discuss major church improvements Wednesday at 7 30. Homemaker Carol Jean Bontrager earns top rating at Washington High School and qualifies for state competition. Kentucky Supper fundraiser at Salem EUB Church Wednesday 5 to 7 30. Adults 1.00 Children 65 cents.
The Chicago cash provisions page lists wheat at 2.12 dollars for No 2 yellow hard, oats at 77 to 78 cents for No 1 extra heavy white with sample grades 73 to 77 cents, barley options shown from 98 to 125 cents, while no corn or soybean sales are reported.
Sam Shulsky rebukes a reader who quit markets after 1929 and now asks about a $1.50 stock. He notes the Dow Jones average rose from about 40 in 1932 to over 600, argues missed opportunities reduce future gains, and compares the mindset to upgrading from a Maxwell to a jet.
Iowa lawmakers learned that a 1952 bill of 1135 for furnishing the governor's mansion remains unpaid. Robert Maggert urged Younkers Inc to file with the 1961 legislature, though the firm’s credit manager prefers a civil suit. He cited a funds dispute among state offices as the likely cause of delay.
William F. Clampitt a 70 year old resident of rural Oxford Junction was found dead at his farm by neighbors who noted he had not collected mail. Authorities say death resulted from natural causes. A World War I veteran he is survived by two brothers and a sister. Services set for Wednesday at 1 30 p.m. at Hayden's funeral home.
Receipts show 790000 for butter and 17300 for eggs in a quiet market. Creamery butter graded AA and A sell at 925c and 58459c with related extras and standards noted.
Apartment listing from Cambridge Ohio by AP offering a four room unit for rent with heat water and garbage furnished.
Marion city council approved a tentative agreement with Marion township trustees for continued township fire protection by the city fire department. The deal, free use of the township fire truck, monthly housing fees, and per call payments to volunteers are outlined with 1959 fire loss figures and related city and township expenditures.
Mary Louise Klingler 72 of Marion widow of John Klingler died in a Cedar Rapids hospital. She was a lifelong Marion resident and member of Alburnett Methodist church. Surviving include 3 sons 4 brothers and 3 sisters. Services Thursday 1 30 p m Murdoch chapel Marion burial Cedar Memorial cemetery. Friends may call after 1 p m Wednesday at the chapel.
A Tufts College geology group has discovered the hut that sheltered English explorer Robert Scott during his fatal Antarctic expedition, linking the shelter to the historic voyage and its tragic end.
Classifieds reveal profit strategies as buyers and sellers match needs. Advertisers tout quick turnover and steady demand across goods services and job listings while readers seek value and reliability in local markets.
A television feature on Alcoa presents a remarkable tale of alleged psychic possession. The program aired Tuesday on Television 9 highlighting unexplained phenomena and personal testimonies.
Marion Linn-Mar high school pupils earned division 1 ratings in the state speech contest prelims held Saturday in Cedar Rapids. Winners include Ron Sharp Dave Worcester Dave Breed and Steve First. Division 2 ratings went to James Moore Sharon Carbee Elaine Klouda Merle Allison and Jean Dochterman. Zelma Grimm is speech instructor.
Mr. Parker Jr. has returned from San Antonio Texas where he spent time with his son in law and daughter Mr and Mrs Mort Roszell He also visited his son Harry J Parker Jr in Dubuque Iowa confirming the family gathering and travel details.
Des Moines report that the Republican State Central Committee set the dates for upcoming conventions. The state convention is July 20 at the Veterans Auditorium Des Moines. The state presidential convention to select national delegates will be held April 22 at 11 a.m. The state judicial convention is scheduled for August 2.
Joseph Yanecek 65 of Walford died in a Cedar Rapids hospital after illness. He is survived by his wife Anna, two sons Arnold and Merle, two sisters, and several organizations including Walford Methodist church and Fidelitas lodge. Services set for 1:30 p.m. at Walford Methodist Church with burial at Cedar Memorial cemetery and military rites by Pekomy post.
Frances Swails, a Webster native and former rural school teacher in the Webster area during the 1890s, has died in California. Her body will be returned for burial. she was an aunt of Mrs. Dewey Miner of Webster.
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