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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 28, 1964
Page
14
In New York selective gains lifted the market in an irregular advance as trades stayed moderately active. Volume reached about five million shares, below Thursday’s 5.44 million, with fractions to a point gains among key stocks outnumbering the losers.
Chicago hogs slipped about 25 cents with 200-220 lb butchers around 15.50 to 15.85 and 250-270 lb cattle mostly 13.75 to 14.25. Des Moines reports mixed butchers steady to up 15 cents, sows 10.25 to 13.25, and fat hogs uneven amid Friday activity with receipts around 55,000 in totals.
Iowa City Police Chief John Ruppert discharged Terence Berridge age 28 who served since February 1, 1960 and suspended Robert Vevera age 30 who joined January 1, 1962 for 30 days over off duty conduct not involving crime. City Manager Leikvold will review action with the department. both men are married with families.
Steven L. Henry, 16, of rural Vinton has been charged with failure to have his car under control after a Wednesday evening crash on a rural road. His four passengers escaped with no serious injuries.
C R MARKETS Cedar Rapids Friday hog prices were steady to a quarter lower. Prices for bulk 200 to 230s were 14.50 to 14.65. packing sows 300 lb range 12.75 to 13.25. Butchers lighter by 250 per 10 lbs up to 300. packers reduce 25c per weight grade 300–360, 50c for 360–500, 75c over 500. Also mentions litigation over wages and dairy products and court admission of Randolph Duncan Jr. in North Iowa federal court.
Factory output increases while prices hold steady in a sign of ongoing economic resilience. Analysts note stable consumer prices despite higher production, suggesting sustained demand and modest inflation pressures.
Chicago grains closed mixed with beans steady to higher and corn up slightly. Wheat finished higher to lower in a narrow range as futures activity remained firm with buyers emerging. Oats and rye ended mixed while soybeans slipped modestly. Local cash markets showed no wheat oats or soy sales. In Sioux City and Omaha livestock markets, cattle and calves traded unevenly with prices softening on some lots.
AP reports steady wholesale butter prices in Chicago with various quality grades listed. Eggs show steadier to higher bids, potatoes on track with U.S. shipments rising. Idaho russets and Red River Valley reds quoted. New York data show ample butter and dull demand with unchanged prices for dairy items and eggs at weekend levels.
Investors guide speaker explains over the counter trading quotes and broker negotiations. A reader asks about price rigging and how quotes reflect real market, noting wide spreads and the risk of buying in fast moving counter stock markets.
Corning mayor issues proclamation banning imported beef sales. Civil suit seeks $2,250.16 tied to a note guarantee. The action, filed in Cedar Rapids federal court, challenges imported meat sales and cites beef price concerns.
Debaters from eight high schools plan to take part in the district competition Saturday at 9 30 a.m. at Marion high school. Winners advance to the state debate tournament March 20 and 21. Marion residents may place Gazette want ads at the Marion office 743 Tenth street. DR 7-1559. Office hours 8 a.m. to 5 30 p.m. daily.
A resolution urging import limits on meat from Australia New Zealand and Ireland was filed in the Iowa house. It calls for price parity with 1958 to 1962 imports and notes current livestock prices are dangerously low hurting Iowa’s economy. Bill also proposes labeling country of origin and date on imported meat. Visitors welcomed. Jefferson chess hosts Jesup in weekend match.
Ray Her wig of Wadena faced a $300 fine plus costs after his tavern was raided last Sunday for selling beer on Sunday. The charge stemmed from the raid conducted at the Wadena establishment.
Dorcas Dean aged 83 a lifelong Marion resident died Friday in a Robins nursing home. Born April 7 1880 near Marion she cooked at the Linn county home for 19 years retiring in 1954 and lived with her nephew Donald Dean 2660 Fifth avenue. Services Monday at 10 am at Murdoch chapel with Rev Herbert G Kohl burial Martin's Creek Cemetery.
Steven Richard Bogardus, 21, of Des Moines, was seriously hurt in a one car crash eight miles north of Decorah on a blacktop road after a front tire blew out. His car traveled 930 feet in a ditch, struck a culvert, and left him with a broken leg, a broken arm, and a crushed chest.
Margaret Schumacher a 16 year old junior from Marengo has been named the state senate's only girl for the special session. She will travel to Des Moines Sunday as an honor student active in 4 H Honor club French club and student council.
Barbourville Kentucky hosted services for Mrs Hubert Hoeltje 68 a former Lowden resident She was born in Cedar Rapids and finished high school in Marion This obituary notes her death and early life details without graphic specifics.
Dennis Frank Owens 26 of Chelsea pleaded guilty to drunk driving in The Gazette Toledo. He was fined 300 dollars plus court costs in a railroad employer case.
West Bertram volunteer fire department elected George Reeve to a second one-year term as president and Richard Gohman as vice-president. Robert Bex and Olaf Klegseth were re-elected secretary and treasurer. Willard Christophersen was named to a fifth one-year term as fire chief, with Kenneth Lund reappointed as assistant chief. The annual meeting and elections were held at the fire station on Mt. Vernon road SE.
Iowa lawmakers moved to clear the way for public and private colleges to share about 4 million dollars in new buildings from a federal aid program. A seven member higher education facilities commission would administer funds, per an ethics review by Atty. Gen. Evan Hultman who said leaders expect a non controversial path.
Oelwein appoints Ray Jipson and Rex McCoy to the governing board for the Grandview Nursing home planned for the southeast area. Ground was broken for the $570,000 80 bed facility on Thursday, marking construction start.
A $5 million shipment of food clothing medicine and agricultural tools from Czechoslovakia arrived to aid Cuban hurricane victims in Camaguey and Oriente provinces. Havana radio reported the donation by Czech people and government after Flora struck the southern Cuban peninsula for over four days in October killing more than 1,000.
Chou En-lai after African tour praises prospects continent wide while noting danger of oppression in history and current plight of Jews in Russia. West Berlin club owner Rolf Eden refuses Mandy Rice-Davies hire, eyeing The Beatles. Una Merkel guest stars in Law and Order Day on DESTRY at 6:30 Friday on Channel 9.
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