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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

Feb 13, 1968

Page

2

Stocks End Session With Sharp Late Decline

Wall Street closed with notable losses as trading stayed brisk. The Dow fell eight points after early gains. defense plans to send 10 500 more troops to Vietnam weighed on sentiment. Benguet led gains among philippine miners while several majors slipped about a point or more.

New York Defense Department Vietnam Benguet Allis Chalmers Howmet General Tire Standard Oil New Jersey McDonnell Douglas Control Data

Fernando Lamas Stars in IT TAKES A THIEF Exiled Dictator

Fernando Lamas guest stars as an exiled dictator on IT TAKES A THIEF Tuesday at 7 30 PM in COLOR on Channel 9.

Fernando Lamas Channel 9

Hogs Up 50 To a Dollar in Tuesday Market

In Chicago trading, butcher hogs rose 50 cents per hundredweight. Slaughter steers gained 25 to 50 cents, while sheep markets were limited by small numbers for a reliable test. USDA estimates pegged Wednesday slaughter at 6000 cattle 4000 hogs 200 sheep.

Bone Pay Chicago USDA

Chicago Livestock Prices and Demand Report

AP wire Chicago market summary shows hogs 3 500 head with mixes up to 1.00 higher across weights 190 to 225 per hundredweight and cattle firmness with steers and heifers rising to the mid 20s per cwt. Sows and bulls edge higher while lambs and sheep offer limited test and light numbers for evaluation.

Des Moines Livestock Prices Mixed as Trade Slows

UPI reports slow trade with generally good demand and steady to higher butchers prices. Sows rise modestly with some cases up to 50 cents. receipts for Tuesday show 65 000, week ago 72 000, year ago 97 000, and Monday 84 000.

Des Moines UPI U.S U. S

Dressed Meats Trade Report From Des Moines Area

AP USDA notes Monday's Midwest carrot meat trade in Iowa and nearby. Steer beef steady, some large lots down 50 cents. Cow beef and heifer beef vary by grade with prices listed for 500 to 800 pound ranges.

DES Moines USDA Midwest Lowa

Omaha and Sioux City Livestock Prices Report

Omaha cattle trading on 7 500 head with calves 25, steers steady to strong, high choice prime 1109 lb steer at 27.00, heifers 950 1075 lb at 26.50 26.75, cows mostly 16.25 18.00. Sioux City trade slow with 5 000 cattle, steers 25.75 26.50, heifers 24.50 25.50, prime end 25.75.

Chicago Livestock Chicago USDA Omaha Sioux City UPI Attle Marke

Cedar Rapids Hog Market Steady to Higher On Tuesday

C R Markets reported hog prices in Cedar Rapids were steady to 25 cents higher. Monday’s prices for country and plant delivered butchers 200 to 230 pounds ranged from 18.50 to 18.85 dollars per hundredweight. Packing sows 300 pounds and down sold for 15.75 to 16.00 dollars, with price discounts based on weight and grade up to 500 pounds and above.

Cedar Rapids

Theft of weapons at Gilbert Viner residence reported

A break-in at 1806 E Street SW led to the theft of a shotgun a .22 caliber rifle and shells for each weapon. Valued at 40.40 dollars the items were taken after an unlocked door was left open. The theft occurred between 8 20 a m and 3 30 p m Monday.

Gilbert Viners E Street

Soybeans and Grains Endures Irregular Trading Session

In Chicago, soybeans and grain futures closed in an irregular zone with light local trade. Wheat edged up or down, corn moved slightly, oats and rye showed mixed losses and gains amid a wavering market.

Chicago

Chicago cash grain prices report summary

Chicago cash grain quotes show futures types and prices for wheat corn oats and soybeans. Wheat No 2 soft red near 1 51 1 51 per bushel. corn No 2 yellow around 1 06. soybeans No 1 yellow about 2 72. oil around 8 95.

Chicago

Produce Chicago Prices and Market Notes

Wholesale poultry prices steady with roasters at 23 to 26 cents. Butter markets show slightly steadier trading with diverse grade quotes. Eggs hold firm with wholesale prices 1.2 percent higher for higher grades, and standards at 25 to 29 cents. Potatoes arrivals marked at 45 with total shipments steady. Minnesota North Dakota Red River Valley round reds quoted 2.15 to 2.30.

Chicago USDA U.S Minnesota North Dakota Red River Valley

New York Produce Market Reports Egg Offerings and Prices

Wholesale egg offerings are adequate to ample with improved demand Tuesday. Standards 39 to 30 checks 19 2 to 20 1/2 cents. Whites note extra fancy large 31 1/2 to 33 cents, fancy medium 28 1/2 to 29 1/2, medium 27 1/2 to 29, smalls varied. Creamery eggs 93 score AA 67 4 to 67 1/2 cents, 92 score A 67 4 to 67 2.

New York USDA

Livestock Auctions Report From Iowa Markets

Federal State Market News Service covers two Iowa auctions with steady to mixed cattle values. Slaughter cows $16.00-18.20, feeders $22.50-27.20, steers 24.00-27.20, heifers 22.00-24.30, stock cows 163.00-215.00 per head, cow and calf pairs 225.00 per pair, demand described as good.

Forst Ignoring Rules Panel On Building Tax in Iowa

Iowa revenue chief William Forst plans to enforce the service tax on new construction despite the Legislative Rules Review committee vote rejecting his interpretation. The five present members urged against the interpretation, while the Iowa tax commission had earlier approved and then reversed its stance. Atty. Gen. Richard Turner supports applying the tax, and a Polk County lawsuit seeks to strike down Forst’s reading of the law.

Des Moines UPI Legislative Rules Review Committee Iowa William Forst Forst Adolph Elvers Elkader Alan Shirley Perry Ray Bailey Clarion Elizabeth Shaw Davenport Charles Grassley New Hartford Iowa Tax Commission Department of Revenue Richard Turner

Iowa City May Delay Melrose Bridge Study

The Iowa City council favors a thorough transportation study through the highway commission over a major arterial study, potentially delaying the Melrose Court bridge for about a year. The plan includes university funding and state and federal cost-sharing, with council concerns on future development guidance and public agency overlap.

Iowa City Melrose Bridge Iowa City Council Iowa Highway Commission Melrose Court University of Iowa Howard Bowen Smiley The Highway Commission Johnson City County Regional Planning Frank Smiley

Quaker Oats Reports Big Earnings Jump in Half Year

Quaker Oats Co. posted a nearly 30 percent rise in six month net earnings to $9.268 million from $7.172 million for the year ago period. Per share earnings grew from 86 cents to $1.12 while sales advanced 0.8 percent to $279.168 million. The dividend remains $1.20 a share, yielding about 3.4 percent at $35.

T. C. Henderson and Co Am. Rein Beatrice Foods Clinton Engine Consolidated Foods Greater Iowa Iowa Electric Temco-Vought Parke Davis PennDix FordMot PennCen Formck PwLt FreepSul Pennzoil L'E Pepsico Perfectelm Phil Rdg CIA Ye PhilMorr GenDynam Phillet Elec Pitnevb Pitts Ken Millis Ienesco Ga Pacific RCA Rayonier Aytheon Gillette Meva Reading Co Glen Ald AdMillis Codrich ReicChh Cody RepubStl Rani Ics Rexall Reyn T A&p Roans ulfWin Ae — Safeway Resor Halliburt Anders Harris Soos Soe Sovava Chenley Schering Scientif Data Scott Paper Ig Hoff Elect Inn Holly Suim Honevwi Alcanatom SingerCo Allied Soucale Ama Iin South Ry Spartan Indiatore AmBadest IngerRand Insnam Sri Mala StauffCh Sunray Jewel Co Swift Co John Man Jona John Tampa el Jon Logan Tektroni + Meer Jones L Jostens Tenneco Joy Mto Aiser al Tex Archean Textron Kennecott Armour A Ste KimbCik Kresge Kroger As Corp Lear Lehpcem Avco UMC Avnet Inc Lehman Na &M Pacify airLin BenetFin Perenes Briggss Macke Co Macy RH US Steel Mad Fd Magmac Upjohn IM Ueyer Magnavx Va Maratin Bullard Varian Asso Bulova Marquar Waeipw McCall Maytag McDond Weston Merck Weyerhr We Canteen WhireCp CaroPlt White Caro T&t WinnDix Woolworth XeroxCo CaterTr Mohasco Monsan Valenco Ins Mont Pw Associatedress Cerro P Mont Ward Ohio Echo ChiPney ChrisCraft la Chrysler We Nat Steel Collins Nevada EcleGas ComiCre Northrop NoStaPw Nwst Norton Norwich Otis Elev CrouseHind Crow Coll Owensill Siva Crown_ Cork CrownZe Pacgel Curtis Publae PacPwLl Curtisss Chicago Dan Air Devcoce Lamson Brothers Deere Co Dei Mate DeltaAir DiaSham Isney duPont Dyna Am ErieLack Evans Eversharp Quaker Oats Co

New Survey on Holding Proposal By Iowa Power

Des Moines reports Ebasco Services hired to study forming a holding company for Iowa Power and Light Co of Des Moines and Iowa Illinois Gas and Electric Co of Davenport. Stone and Webster replaced. Thompson remains chairman after removal as president. Slade becomes independent consultant with no salary cut while outside quarters are arranged.

Des Moines Ebasco Services, Inc New York Iowa Power and Light Co Iowa-Illinois Gas and Electric Co Davenport Iowa Power Ebasco Stone and Webster, Inc Stone and Webster A.paul Thompson Thompson L. E. Slade Slade

City Briefs Roundup Of Local Notices And Ads

Local items include Albert's Dry Cleaning offering a 5 for 6.95 deal on suits coats and dresses. Chamber of Commerce notes a Friday noon board meeting at the Roosevelt hotel. Maxine's Hairdresser seeks staff at 365-2335, and Becky's Fashionette advertises a $8.50 complete permanent. Dr Gouldin opens a new podiatry office on the seventh floor of Merchants National Bank. Senior citizen prescription policy promos at Claxton Pharmacy with free delivery and S H Green Stamps. NFO Meeting set for Feb 19 8 p.m. at REC building. Thursday Optimists speaker Dean Borg on Vietnam slides. Pre-school story hour at Public Library Wednesday 10:30 a.m. Prairie Intermediate board meeting rescheduled to Wednesday 7:30 p.m. Band seeks booking dates 362-3020. Coin Club meets Wednesday 7:30 p.m. at YWCA Room 109 with a slide show on copper coins. Former resident Florence L Malik 63 Cedar Rapids died Sunday in Davenport with a son surviving.

Funeral Services in Illinois Brother and Sibling Mentioned

Funeral services set for a brother and sister from Illinois with mass at St Mary’s Catholic church at 9 a.m. Wednesday. Also promotes Jerome’s Rare Coins, UAW Retirees potluck at Ellis YMCA, and Pierson’s Florists ads featuring Valentine Heart arrangements priced from five to ten dollars.

Illinois St. Mary’s Catholic Church UAW Ellis Ymca

Court trial opens over 45000 auto collision damage case

The Linn district court began a trial Tuesday in the $45,000 auto accident damage suit of Wilma Teply versus Elmer Boedy. Teply contends medical expenses and lost wages from injuries, plus aggravation of a pre existing neck spine and back condition from Boedy backing from a driveway and hitting Teply on Twenty ninth street NE on Sept 12 1966. Jurors listed are Cedar Rapids residents with Betty F. Dietrich as alternate. Judge William R. Eads presides.

Wilma Teply Elmer Boedy Linn Boedy Teply Twenty-ninth Street Virginia Blanchard Jayne S. Stevens Marjorie L. Churchill John Gary Arneson Genevieve M. Morris Laura C. Piersall Edna Mae Barg Mildred Howe James H. Borschel Marian F. Wilson Cedar Rapids Viola Stoltz Mr. Vernon Gertrude Scott Hiawatha Betty F. Dietrich William R. Eads

Out of Court Settlement in Fred Russo Lease Case

The $23 182 suit over damage at 2210 Sixteenth Avenue SW site of Little Caesar s was settled out of court. Hassan A Igram and Hossien Kalell trustees filed in Linn District Court December 15 alleging broken walls doors and windows and unlawful access by others. The case cited $10 440 in repairs $418 99 back rent and $12 323 42 in future rent and taxes. The suit was dismissed with prejudice Tuesday preventing further action.

Fred Russo Sixteenth Avenue Little Caesar's Linn District Court Hassan A. Igram Hossien Kalell Albert Kalell Russo

Change of Plea in Car Theft Case in Linn County Court

James L. Regan, 19, with no address, pleaded guilty in Linn district court to operating a motor vehicle without the owner's consent. Judge Warren J. Rees imposed a suspended six month jail term. Regan and two others were accused of taking a car owned by Robert J. Bedard of Waterloo on November 6 while Bedard stayed at the YMCA.

James L. Regan Linn Warren J. Rees Regan Robert J. Bedard Waterloo Bedard YMCA

Changes Plea on Fraud to Guilty in Linn Court

Mrs. Albert Albaugh of Clarence changed her plea to guilty in Linn district court on Tuesday to a fraud charge. The case involved impersonating Jo Anne R. Albaugh of Iowa City to obtain a job in a Cedar Rapids nursing home using the Iowa City nurse’s registration number. A $100 fine was posed. she had previously denied the charge on Oct. 11.

Albert Albaugh Clarence Linn District Court Warren J. Rees

Also Mentioned on This Page

New York Stock Exchange Homestake Phelps Dodge IBM Raytheon Alcoa General Motors Goodrich Caterpillar United Aircraft International Nickel Eastman Kodak Xerox Standard Oil of California Eastern Air Lines American Stock Exchange Dow-Jones Basakt Arenas Utl Cenceena Rails Hogs Chicago Mercantile Exchange of Arch Lamson Pres C.R. Markets Federal State Market News Service Revenue Department Polk County District Court Bailey Kcrgtv Robert Lind Burlington Street Newton Road West High School University Melrose Towers T. C. Henderson & Co., Inc 3Rd Ave Montrose Hotel Albert Chamber of Commerce Roosevelt Hotel Maxine Nancy Bammert Kupps Joyce Jirouch Becky Karr Becky Ellis Blvd Gouldin Merchants National Bank Claxton Pharmacy S&h NFO REC Dean Borg Public Library College Community Prairie Intermediate Coin Club YWCA United States Florence L. Malik Jerome Valentine Heart Pierson’s Florists R. D Dick) Jones Third Street
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