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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 29, 1960
Page
3
Chicago AP dispatch reports Saturday hog receipts estimated at 100 cattle units and 100 hogs with no sheep. Butchers were steady to 25 cents lower after a month of reversal, with detailed price ranges for 190 to 550 pound hogs and assorted cattle, calves, and sheep offerings noted by USDA.
UPI reports Friday receipts around 55 000, down from 64 000 a week earlier and 62 000 a year ago, with actuals Thursday at 70 000. Prices stay mostly steady to weak, some 25 cent declines. Butchers list ranges for various live weights, with sows 270-550 pounds priced 8.75 to 12.15.
The notice lists steady prices for cattle by weight classes. Prices show ranges from 180 to 400 pounds, with figures like 1150 12.50 to 13.00 and 360 to 400 pounds at 10.25 to 10.75, indicating market quotes for different weight bands.
Omaha reports 400 cattle head with 50 calves, fresh receipts mainly stockers and feeders. Slaughter steer and heifer trading was scarce and demand weak, with not enough care of other classes to fully test prices.
Sioux City cattle numbers totalled 1,500 with 200 calves, but not enough cattle exist to establish a market, according to UPI notes.
Wilson and Company outlines a limited call hog and sheep market with delivery scheduling available. Veal calves are temporarily out of the market. Friday hog prices were steady with 200-220 lb butchers at 13.10 to 13.60, packers 330 lb and down at 11.35 to 11.75, and adjustments for weight. Egg and grain quotes follow with plant delivered egg premiums noted. Dow Jones averages provided by Francis J. duPontano Co. Crude prices and grain figures included.
Walt Disney presents a touching tale about a beguiling burro and a lone prospector. The program airs at 6 30 Friday on KCRG TV 9.
New York AP reports stocks fell again on Friday with moderate trading. Volume was about 2.8 million shares as key issues declined by fractions to 2 or 3 points.
Eagle Food Centers Inc of Milan Illinois reported 40 week sales of 40 426 846 up 18 percent from the prior year 794 306 net income after taxes and 1 21 per share earnings versus 60 cents. The company will mail its second dividend checks of 14 cents per share. A new Eagle store is under construction at Lindale Plaza Cedar Rapids.
Roy Rogers tangles with a desperado to dispel a case of hero worship in this 6 Friday on TV 9 feature. The program follows a western showdown themes with Rogers embodying the frontier hero.
Chicago AP notes grain was mixed with a bias to the downside. Wheat finished unchanged to 1 3/4 lower while corn fell up to 4 cents, oats were steady to 3/4 lower, rye moved 5 cents lower to 4 higher, and soybeans ranged from 7/8 lower to 3 cents higher as weekend shorts covered.
Chicago reports show no wheat or soy bean sales. Corn prices listed as No. 3 yellow 1.12, No. 4 yellow 1.074, No. 5 yellow 1.014. Oats ranges cited from No. 2 heavy white 77 to 78 percent, No. 1 extra heavy white 78 to 78.5 percent, barley grades with choice 1.15 to 1.25 and feed 98 to 0.5. Soybean oil noted at 74.4.
Chicago AP notes steady butter wholesale prices with high grade yields and varied egg quotes, while live poultry receipts reach 20 000 pounds with no prices reported. Potatoes show light supply and slow demand with Idaho russets at 5 40 and Red River Valley Pontiacs at 2 50 to 2 80.
Government data indicate ample supply with light demand. Receipts total 12 600 cartons with mixed colors and sizes including 48 50 lb Ex tras 27 29 percent 2 29 percent extras medium 28 27 standards large 26 2 27. Overall receipts 453 000, prices unchanged.
The notice informs subscribers of missed issues and directs readers to contact the business office after 5 o'clock for arrangements or replacements.
London papers debate Prince Philip's absence from Queen Elizabeth as she nears childbirth. While the queen stays in London, Philip hunts at Sandringham, 120 miles away. Obstetricians and columnists weigh whether the father should return.
A Washington IA priest appealed to the attorney general after being denied a private talk with teen prisoner John Alberts in Fairfield. Rev James Grubb sought permission to see Alberts alone for confession, but Jefferson County Sheriff Jim Griffith refused private access and limited visits to public visiting times.
Father Grubb argues prisoners deserve private spiritual access while Erbe notes visits by clergymen are common despite Iowa law restricting visits to family or attorney. He plans to seek county legal input to resolve the issue.
Re elected Walter C. Ronk to Truck Trailer Manufacturers Assn. board. assorted local ads note antiques, Dial EM 2-7901, chili supper at Kenwood Park Presbyterian Church, Trinity Lutheran School Band concert tonight, bowling specials at Magnificent Tropic Lanes, Barbara Sandler hospitalized at St. Luke's, grocery prices at Gibson's Lockers. Obituary travel for Bosworth family. Sharon E.A.B. church carnival Friday. spring tulip plants at Pier son s Florists. Cub Pack 23 awards listed. phone correction for A H Appliance Marion Iowa.
Kalona IOOF reveals new officers including George Fry as noble grand Clifford Small as vice grand Alva Kepler as secretary and L. J. Strickler as treasurer in a recent meeting per The Gazette special report.
Actor Stu Bailey links a dancehall scene to a deadly case in an episode of 77 Sunset Strip airing Friday at TV 9. The unresolved mystery unfolds with noir tension as investigators chase clues in classic TV fashion.
Investors' Guide by Sam Shulsky explains a 62 year old widow with a $54 monthly life annuity should not cash out the $9,000. He notes keeping the annuity provides balance against securities and that investing the $9,000 at 5 percent would yield about $38 monthly, which is lower. He emphasizes a balanced income and no estate growth need with no dependents.
Burglars pried open the Greene Square tavern at 525 Fourth Ave SE and escaped with 12 six packs of beer 20 cartons of cigarettes a check protector and $20 in change. Break in found at 5 30 a.m. by an employee.
Raymond L. Brady of Marion filed a bankruptcy petition in Cedar Rapids federal court on Friday. He lists debts of 1822.60 and assets of 455, with 150 exempt from the action.
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