Financial and Market News City Briefs
Market updates from downtown brief notes cite coin, chae mees and Montrose venue. Visitors welcomed as discussions on prices and services continue.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 12, 1965
Page
14
Market updates from downtown brief notes cite coin, chae mees and Montrose venue. Visitors welcomed as discussions on prices and services continue.
Estimates of receipts and livestock prices from Des Moines Sioux City and Omaha markets. Hogs and sheep receipts vary, cattle prices hold steady to higher with mixed demand. Hospitalized resident Mrs Pete Marshik noted and Linn County Young Republicans plan a meeting at the Roosevelt hotel.
Soybean futures opened higher in Chicago after a bullish report. The market showed gains of up to eight cents as traders reacted to the data.
The navy announced an all weather satellite system now used on warships to determine positions globally. Transit navigation satellites, three units weighing 110 to 160 pounds, latest launched December, provide ship location signals for about two years of operational life.
Cedar Rapids hog market Tuesday shows steady prices with Monday quotes for bulk 200 to 23 lb butchers at 15.65 to 15.90 dollars. Packing sows 300 lbs and down bid 13.00 to 13.50. Prices quoted delivered at the plant with adjustments for weight groups and fat levels as listed.
AP reports noisy anti government mobs in Saigon and Hue demanding neutrality as protests paralyze business and transport. In Saigon large crowds marched with banners near the U.S. consulate. Hue endures a third day of general strike disrupting city life.
Linn-Mar voters approved a 360000 bond measure as part of a local election. Rebekah Lodge elected officers and announced members in a community program featuring listed participants.
Grove City Rebekah lodge No. 35 installed officers led by noble grand Bar’s bond and extensive building plans receive voter backing. A $360,000 bond issue passed 596 yes to 67 no with 665 total votes. The project adds classrooms, gym, offices, and library space to Linnmar school.
A mining firm rumor circulated about copper strikes while the school board discussed plans with architect E F Kohlmann and engineer Harold Rucks. The board accepted Sharon Krause’s resignation and set a half year salary of 2322 dollars. Dennis Brechwald will replace her. A used bus was approved for sale at 300 dollars. Three Marion administrators planned to attend a national principals convention in Miami. A postponement moved the February board meeting. rumors of a strike were unconfirmed.
Thirteen candidates filed for seats on the North-Linn Community School District board. District One nominees are Louis Pazour Sr Raymond Leary Harold Pazour James Welsh. District Two nominees include Robert Bell Virgil Chester Charles McCright and William Treichjzour Jr. At large candidates are listed as well as write- in option. The election is scheduled Jan 21 with polling places at Walker Coggan and Troy Mills.
New York markets report ample egg supply with fair demand and mixed shell colors. Egg quotes show various grades and weights with prices around 23 to 32 cents, while butter demand remains fair and prices unchanged with ample supply across grades.
Rep Gerald Ford tapped Rep Peter Frelinghuysen as Republican whip choice, challenging Rep Leslie Arends who vows to contest the post. The vote promises a clash over eastern representation and party leadership. Kasper Holecek of Solon dies at 84 after 60 years as a resident and railroad worker. Funeral services set for Solon and Cedar Rapids areas with burial at church cemetery.
Mrs. Bernice Bristol thanks friends for support during illness. The Busy Blue Bird group met on Monday at Mrs. Robert Hackett home and elected officers: Rhonda Engray president, Kristi Clendeneh vice president, Caroli Bailey secretary, Marlene Waters treasurer.
NEWHALL The PIC meeting has been postponed to February 11 due to the county basketball tournament.
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