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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 17, 1964
Page
20
New York stocks closed with an uneven tone as trading remained active. Averages edged lower while volume ran about 5.9 million shares, down from 6.21 million the day before. Most major issues moved only fractions to about a point.
A compilation of closing and intraday levels across major stocks and indices. Readouts include railroads, utilities, consumer goods and tech names such as Allied Chem, Allis Chalmers, Am Can, Boeing, Coca Cola, General Electric, IBM, Pfizer, and Exxon. The list shows fractional and percentage moves with notable entries across Dow components and industry leaders.
Mrs Clarence E White of 202 Twelfth Street NW is a patient at St Luke s hospital. Barber Shop at 223 1st Street SW operates with 2 barbers at all times. Adv.
In Hospital Mrs Emil Pnovsky 74 Devonwood Avenue SE is a patient at Mercy hospital Visitors are permitted The Giftree January gift sale 515 Fourth Avenue SE Adv Car Looted Edward Prochaska 246 Wilson Avenue SW reports auto parts plastic tubing and a crescent wrench stolen from his car in the 3200 block of First Avenue SE Thursday night Usinger s sausage German rye bread fine cheese department assorted salads Nelson s Superette 3201 1st Ave SE Adv Cub Scouts Awards were presented to many Cubs at a Grant Wood school Pack meeting
A brief note hints that business success hinges on Gazette style classified ads. The piece emphasizes practical advertising in a local newspaper format. It references the Gazette as a channel for reaching customers and growing commerce.
AP reports Friday hog prices rose 25 to 50 cents in Chicago with 5,500 head traded. Slaughter cattle and lambs held steady as buyers moved ranges for 1,000 plus pounds and various hog classes, including 200-270 lb butchers and larger sows, while Holsteins and cows showed mixed values across several weight categories.
Des Moines market prices show steady to mostly 25 cent higher on Friday with estimated receipts of 50 000 head Friday and 68 000 for the week. U S 1 3 hogs at 200 240 pounds sold 14 50 15 10 for 200 240 weight and higher prices up to 15 50 for some 1 2 hogs. sow ranges noted 270 550 pounds from 10 00 to 13 25.
UPI reports a 25 cent rise in hog prices with No 2 butchers showing varied bids across weight ranges from 160-170 pounds at 11.00 to 500 pounds and up at 10.50. Sows ranged 270-500 pounds with bids from 12.50 down to 10.50.
UPI reports cattle and calves at Omaha stockyards with feeder and slaughter cattle active. Prices feature good to low choice steers 20.00 to 22.25 with prime loads at 22.90 to 23.00 and good to low choice heifers 19.50 to 21.00.
Sioux City sale numbers show 1 200 cattle and 300 calves offered, but totals fall short of market festival demand leaving buyers cautious and prices weak. Local feedlot buyers and traders anticipate next week’s receipts as demand steadies.
C R MARKETS report shows Friday hog prices steady to a quarter higher with Thursday bulk 200 to 230s at 14.50 to 14.85 and some at 15.00. Packers rates vary by weight and grade, with reductions for heavier carcasses. Also listed are cattle, poultry, wool, grain, and egg quotes for the period.
In Chicago trading, speculative short covering after active buying by a commission house firmed some soybean futures while wheat weakness came from hedge selling. Across the board, futures showed declines with wheat 1% to 1.5% lower, corn 4% to 7% lower, soybeans mixed higher and lower, oats and rye mostly steady or down slightly.
Chicago AP reports no wheat oats or soybean sales and corn No 3 yellow at 1.20 percent with soybean oil at 84a, reflecting market activity on the day.
AP dispatch notes butter remains stable with wholesale buyers staying firm on prices amid mixed market signals. Details are unclear due to damaged text but indicate steady demand and pricing in the dairy market.
Butter demand fair and eggs offered in large light but adequate supply. Mediums and smalls short of needs. Fancy heavy weight 47 pounds minimum 429 to 44. Standards 41/2 to 43. Demand less aggressive and prices unchanged.
The winter driving and skid tests by the Iowa Driver Education Assn. have been postponed indefinitely due to warm weather. They were set for Saturday and Sunday near Kingston Stadium in an area already flooded. Officials said the exercise will be rescheduled if conditions permit.
Anthony DeAngelis, central figure in a $100 million vegetable oil scandal, arrested on a civil complaint charging he defrauded Harbor Tank Storage of West New York of about $46.5 million. Judge Robert Matthews set bail at $46,499,295.63.
Kenneth H. Schmitz 29 of 819 Rockford Road SW was fined $100 and costs in municipal court for leaving the scene of an accident. Police said he drove away after his vehicle struck a parked car in the 700 block of Fifth Avenue SW at 3 p.m. on December 31.
Merlin Bliss of 522 Seventh Avenue Marion was fined 300 dollars and costs in municipal court for selling beer to an 18 year old on December 20. Judge Howard McLaughlin set February 3 for payment. alternative 90 days in county jail.
Gerald Hook, 27, of Iowa City pled guilty to desertion and abandonment of his wife and three children. He was brought back from Salt Lake City and released on $1,000 bond on condition he support his family.
Ten month old Christopher Block, son of a Fort Bragg paratrooper, died in a trailer fire that injured him while attempting to rescue his siblings Lance and Cheri. Graveside services were set for Monday at Cedar Memorial cemetery. Murdoch Funeral Home arranging.
Burton R. Hynden was named chief executive officer and elected to the board of Perpetual Savings and Loan Assn at its annual meeting. He was also elected vice president and secretary. Re-elected were H. H. Bennett A. T. Pleune and Tudor Wilder with Dows as board chair and Bennett as president. Total assets top $41 million and 1963 earnings paid to savers exceed $1.38 million.
John H. Frick Jr aged 24 of 235 Ridge Court Marion Friday was fined 50 dollars and costs in municipal court for nine unpaid parking meter violations. Police said the tickets dated back to August 27. Frick known as Sandy Shore radio announcer for KCRG. Judge Howard McLaughlin imposed the fines.
Maxwell House of General Foods announced a 4 cent per pound wholesale increase for ground coffee, reaching a 12 cent rise since October. Instant coffee will rise about 1 cent per ounce, totaling a 2 cent rise since October, citing higher green coffee prices.
Services for Paul Donaldson 72 of Toledo will be held Saturday at 2 p.m. at Henderson Funeral Home. He formerly shod racehorses at major tracks nationwide and in recent years made and sold horseshoes. Survived by wife Julia and sister Helen Pecenka of near Traer.
Franklin W. Vaughns and Mary Anna Vaughn of 1630 E Avenue NE Cedar Rapids filed a bankruptcy petition Friday. Vaughns operated an insurance agency 1957 to 1959. debts total $8,171.14 with $1,565 in assets and $1,425 exempt.
Linn county supervisors propose a complete salary study for all county employees. Under Supervisor Scolaro the panel may hire an expert to review salaries and duties, aiming for adjustments in January 1965 and a detailed study next year. All three supervisors support the idea, noting current pay lags private industry.
Richard F. Daley of 5340 Vermont St SW driven west on First Avenue E when his car was forced off the road. It jumped the curb hit a hydrant sheared a light pole causing damage to three vehicles. Daley sustained a chin laceration and was treated at St Luke's hospital. No charges filed. Police continued the investigation Friday.
Donald E. Lowder, 31, of 35 Bruce Street NE, was sentenced to ten years in the state penitentiary at Ft. Madison for uttering a forged instrument. He appealed the sentence to the Iowa Supreme Court. Lowder was convicted Nov. 27 by a Linn County jury for altering a $50.56 check and cashing it for $450.56. Judge B. J. Maxwell imposed the term. He is also serving a 30 day Linn county jail term for striking a municipal court bailiff with a snow shovel when served with court notices.
Floyd J. Clark, 42, of Ur bana, was fined 500 dollars and costs by Judge William Eads after pleading guilty to a second offense drunk driving charge. Clark was arrested October 7 on Highway 150 four and a half miles south of Center Point.
David A. Maker aged 17 of 1203 Center Point Road NE withdrew his not guilty plea and pleaded guilty to larceny in Linn district court. Judge Charles Penningroth set January 24 at 10 a.m. for sentencing for allegedly stealing a .22 caliber revolver from Buell Christiansen’s residence at 716 Seventh Avenue SE.
Merrill Lamphier, 29, of Pullman hotel, pleaded innocent before Judge Warren on a false pretense charge Thursday.
Ann Patricia Ward was granted a decree of separate maintenance in Linn County District Court on Friday from Stanley O. Ward. The ruling formalizes separation while preserving marital status. Clerks noted the case and judge presiding.
Wayne F. Schnell, 27, of route two Marion, was arrested Thursday on three traffic charges filed last June. He posted 720 dollars bond for leaving the scene of an accident failing to have his car under control and failing to carry a valid Iowa driver license. Schnell, who originally pled innocent, failed to appear for trial July 19 and was arrested in Marion by Deputy Bailiff O. E. Andersen.
Police sought two youths after a Sumner man said he was robbed of 22 dollars Thursday night on the northeast side. Henry F. Kasemeier reported being struck from behind at the corner of B avenue and Sixth street NE. He described the suspects as two young men in dark clothes, one about 175 pounds and the other about 140.
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