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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 03, 1966
Page
20
Stocks closed mostly higher with AT&T rising over two points from lows before trimming gains after a FCC official statement. IBM and Xerox gained, while Merck and several sectors posted losses. bonds mostly steady, with some Treasury gains and mixed commodity sectors.
Prices on the Cedar Rapids hog market Thursday were weak, with 200 to 230 lb butchers at 27.50 to 27.75 and packing sows 23.75 to 24.25. Sheep, lambs, and old stock shown with varied bids. grain, poultry, wool, and egg prices listed for bulk buyers and grade conditions.
Chicago reports USDA cattle and hog markets with hogs 25 to 50 cents lower for butchers and 1 to 3 weights at 28.75 to 30.00, 25.25 to 25.75 for sow totals. Slaughter steers and lambs held steady, with heifers around 26.25 and wool sheep bids near 29.25 to 30.00 for prime lamb consignments.
Des Moines market summary shows estimated receipts 50 000 and actual 58 000 for Thursday with weekly 35 000 and yearly 69 000. Demand steady to weak for barrows and gilts with some early sales down up to 25. Sows steady. Prices listed for various weights and grades across No 1 to No 4 classifications.
Trade active at Sioux City market with slaughter steers and heifers up to 25 cents higher. Choice steers bring 25.50 to 27.76, with some loads high choice to prime at 27.00. Choice heifers 24.50 to 25.50, high choice to prime 25.75 to 26.00.
UPI reports Omaha cattle prices with 2,500 calves. Steers and heifers firm to higher, cows steady, prime end 1125-1150 lb. Steers 27.40-27.50, high choice 27.25, best 26-27. good and choice 24.50-25.50. Choice heifers 25.25-26.00, utilities 17.00-18.50, few 16.75-19.50. Ganner and cutter 15.50-17.75.
West German Red Cross officials said 700 volunteers are ready to fill 40 to 60 jobs aboard a hospital ship to be sent to Vietnam.
ChicagoAP grain markets held mostly steady with light liquidation. New crop wheat gained on speculative buying while corn drew strength from export activity, lifting prices for oats rye and soybeans, as corn stayed up on potential 3.3 million bushel bookings.
Prices for wheat and soybeans listed with grades and quotes. The AP report notes No 2 hard red winter wheat and No 2 yellow corn values, alongside soybean No 1 yellow bids, reflecting Chicago market activity.
Wholesale butter prices hold steady with varied scores noted. Eggs show stable to lower wholesale bids across grades with whites and mixed nearing 40 cents. Potatoes arrive at 2 dollars per unit with light supplies and moderate demand as Idaho russets and Minnesota North Dakota red river round reds are listed with price points.
Wholesale offerings remain abundant with 299 lines in play and steady demand on average. Butter markets hold with moderate demand while fruit and vegetable standards show varied pricing and weight categories reflecting market activity in New York.
A school bus rammed a gravel truck on a rural road in Brooksville Florida flipped over and killed the woman driver and three children. At least 10 children were hospitalized. The bus pulled onto the highway from a rural road and struck the truck behind the tractor cab. One child was the driver’s son and two others were siblings.
Ottumwa will gain a new Standard Kollsman Industries plant to employ more than 1,000 people by mid summer. The Melrose Park Illinois firm is a leading color TV tuner maker supplying 19 of 20 U.S. color TV companies and plans to start operations almost immediately in Ottumwa. The announcement follows Freuhauf Corp of Detroit revealing a $12 million van trailer plant near Fort Madison with 1,500 jobs.
President Johnson, marking Boy Scout Week February 7 13, commends the Boy Scouts of America as a genuinely American story. He calls Scouting a living symbol of progress achievement and hope for a better world.
Comedian Red Buttons assumes the identity of Henry Fonda on a Ch 9 telecast at 7 30 a night in Col. audience watches a comedy stunt as Buttons plays a j artist on the program with Channel 9.
Washington AP Sen ate Democratic Leader Mansfield said the time nears to decide on ending debate on the union shop bill He hinted at filing a cloture petition to choke off the filibuster possibly Friday If so a Saturday session could push a Monday cloture vote and a possible Lincoln Day recess move Dirksen and several GOP senators would like to leave early The vote would need two thirds and cloture was unlikely for repeal of Taft Hartley section 14 B.
The House Veterans Committee approved a new GI bill offering up to 36 months of education or training with monthly allowances and home loan guarantees. It would aid about 3.5 million veterans who served since early 1955, with first year costs around 335 million dollars, and differs from the Senate bill by lower monthly payments.
Allis Chalmers Manufacturing Co declares quarterly dividends with common stock at 18.75 cents per share payable March 1 to record holders March 1. Preferred stock dividends are $1.02 on the 4.08% and $1.05 on the 4.20% cumulative convertible preferred, payable March 5 or record Feb. 18. The senior preferred issue, the 4.08% cumulative convertible, is called for redemption March 10 at $103 plus six cents accrued, totaling $103.06. Convertible to common at 3 1/3 shares per preferred, by March 10. Fractional cash payouts. About $110 value per three shares at Wednesday’s common price. 94,016 shares of the 4.08% preferred outstanding as of Jan. 26.
Linn County Selective Service board and Mayor Bob Johnson reject exempting Cedar Rapids police and fire personnel from the draft. Officials discussed attracting more staff by raising the maximum entry age, currently 30, amid resignations and retirements thinning the fire force below its 142 man budgeted strength.
Gov Harold Hughes invited Oelwein district board member Arthur Senior and County Attorney Harlan Lemon to discuss the Amish school situation. The meeting follows three years of efforts to require Amish families to send children to state certified schools. Amish children attend two small parochial schools near Hazleton.
Myers Brothers Inc Fort Atkinson and Holland Brothers Inc Decorah were awarded a 99 730 grading contract for the relocation of highway 61 in Dubuque County on Wednesday.
A Gazette want ad seeks employment help and rejects sending a boy. The notice requests a suitable adult applicant to fill a listed position with clear duties and terms.
Cedar Rapids detectives arrested 29 year old Nelson Anderson Jr of 845 Second Street SW on robbery charges in connection with last Friday’s attempted armed holdup at Berry’s Grocery 529 Eighth Street SE store owner Louis Berry 59 positively identified him from a lineup and description matched his parka outfit.
Joseph Wright Jr. 20 of 1780 Third Ave SE pled innocent to four charges from a one car crash on First Avenue E Jan 22 at 6 am. He faces driving under suspension, failing to report, failing to maintain control and failing to aid the injured. Trial set for Feb 17. bond set at $500. Wright’s passenger and car owner was injured.
James A Davis Jr 49 was charged Wednesday with permitting an unauthorized person to drive. He, aged 0, lived at 28 Fourteenth Street NE and was hospitalized ten days after the accident.
Cedar Rapids January 1966 bank clearings totaled 53 687 443 up 7 788 813 from January 1965 with commercial debits at 222 942 189, up 35 416 529. Time and savings debits reached 3 783 411, up from 3 145 459 a year earlier. December 1965 debits were 235 020 015.
Des Moines AP Thomas James A. Thomas 26 will be director of the Iowa Civil Rights Commission. He will be paid 8400 dollars a year and holds a Yale law degree. Thomas previously worked as an attorney in the Justice Department Civil Rights Division in Washington.
The state department revoked seven American passports including Yale professor Staughton Lynd for traveling to Hanoi without U S permission. Two companions on the peace mission and four others who went last fall were also affected. Cases referred to the justice department for possible criminal prosecution.
Fayette County civil defense director Robert Koempel announced county approval for matching funds doubling the $800 budget to $1,600 yearly. The designation also makes the area eligible for a federally furnished portable 200-bed emergency hospital with equipment and transport readiness costing over $40,000.
Linn County schools superintendent Ira Larson said the county returned 9 445 90 to the federal Office of Economic Opportunity after closing the books on Project Head Start. The program enrolled 250 children in 14 classes last summer with total expenses of 40 178 81 and per pupil cost of 160 71. LEAP plans future applications while administration likely stays with the county board of education.
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