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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 01, 1959
Page
3
Official Thursday cattle estimates rise to 1,000 head with hogs and sheep fewer in the mix. Butcher hogs traded steady to strong with 7,500 head seen, prices $16.00 to $16.35 per 200–220 lb No 1 and mixed 1-2 grades, top $16.50 on 80 head.
Chicago market notes hogs steady to strong with varied headlots and weights 180 to 280 pounds. Cattle receipts around 12 000 plus calves. slaughter steers mostly steady to lower, heifers steady to higher, prime and choice ranges shown. Sheep sale on spring slaughter lambs mostly 1.50 lower with good to high good and choice lambs at 21.50.
Market quotes show Cedar Rapids hog prices easing with plant delivered rates for good No 2 butchers and sows down a fraction. Higher quality No 1 hogs and sows listed 50 cents above those bids while No 3 overfats sit 50 cents below. Corn and soybeans prices also noted at 1.12 and 2.01 respectively.
The New York stock market closed with solid gains on Wednesday while wheat prices remained steady and other commodities declined. Trading volume was about 3.2 million shares.
Local market notes show No wheat or soy bean sales with prices for Corn No 1 yellow at 81.20, Oats No 9 extra heavy at 6. age, Soybean oil at 0, Barley making cholest 1.20 then 1.36, feed 9.004.81.08.0.
UPI reports Wednesday receipts around 45 000, down from 53 000 last week and year ago, actuals yesterday 41 000. Moderately active market with butchers and sows steady to 25 cents lower. price ranges listed for butchers from 180 to 300 pounds and sows from 270 to 550 pounds.
In Waterloo market reports prices for beef and pork are listed with varied weights and figures. Several entries show per hundredweight and total costs, including 240 to 400 pound ranges and multiple price points around one to two dollars per unit.
Omaha cattle market reports receipts of 8,600 with calves at 128. Fed cattle steady to higher with choice around 27.25 to 28.00 per hundredweight. Heifers also steady to higher with meat choice near 27.00 to 28.10.
Receipts 8,500 slaughter steers fairly active, trade as higher, most gains on choice. Bulk choice steers $97 to $102.25, heifers mostly steady, bulk choice $26,500 to $27.95 per cwt.
A compact market brief from Chicago area wholesale view outlines live poultry shipments, hog and swine items, and crop arrivals. Mentions Rock fryers and Plymouth fryers with price points around 3 dollars, 0 percent score, and 1 000 000 pounds. notes slow demand and tight supply in several regions including California Alabama and Oregon with red and white varieties and assorted batch figures.
Soybeans and all grains except wheat faced moderate to heavy selling pressure in Chicago trading. Wheat stayed steady to firm with small gains amid buying from flour mills and exporters and some short covering after hedge selling was absorbed.
Reading of the market shows varied moves across industrials and rails with notable names such as Lockheed, Motorola, General Electric and Penney among active stocks. The list highlights price levels and percent changes reflecting broader investor activity on this midweek session.
Army reports enlistment of 11 men and transfer of one recruiter. Identical twins Robert P. and Richard P. Meier, 18, Monticello Route 3, joined Army and headed to Fort Leonard Wood for basic training. Also enlistees James D. Kurth, 19, Anamosa, and Richard C. Rogers, 18, Iowa City, enlisted in June. Beginning Wednesday recruits go to Fort Carson for basic training.
Mrs. Emil Rasmussen was elected Tuesday as president for the Cedar Rapids chapter of the American Association for the United Nations. New officers include Mrs. Richard Neenan first vice president William L Shuttleworth second vice president Dr H Hughes Dill third vice president Mrs Harry Kensing er recording secretary Jane Slavata corresponding secretary and Mrs Edith Frazier treasurer. The chapter presents UN information brings speakers and UN personnel to the city and promotes a UN week observance in October and a UNESCO Halloween project for children. Membership is open to anyone interested.
Hospitalized Mrs. Mae Shepard at St Luke’s Hospital and Roger Donegan also a patient there after surgery. Ruth Thompson’s Fashions operates without appointment. Ground beef deal at Gibson’s Locker Marion Iowa. Lions Club talk by Robert Caldwell at Roosevelt. Theft report from McNall Machine. Ring missing from Jeanne Ferring’s apartment. Channel 9 to air Open Heart Surgery film. Federal holiday observed Friday and Saturday with postal out of office.
R M Tutton of Cedar Rapids named assistant chief engineer of the Iowa Highway Commission. He will take over duties after a Cedar Rapids replacement is found, as the commission notes workload and the interstate program progress remains uncertain due to weather.
Housewarming honors Mr and Mrs Eugene De Young and son Jeffrey at 1255 Starry Drive with guests from Marshalltown Davenport New Sharon and Detroit Marion visitors include Lyle Bergin and family Interest in Doan family service for Mrs Walter E Doan at Murdoch chapel Marion news by Margaret Miller Elect Mrs Hotle elected treasurer of Iowa Women's Baptist Mission Society Marion board of education meets to discuss proposed budget Activities include Camp Fire Girls projects and 4-H garden club plans plus local visitors and notices about summer sales and July 4th events
Luis Viers Jr of Marion cleared his conscience by paying $30 in fines from charges of reckless driving and expired license dating back to an arrest in Cedar Rapids about two years ago. He pled guilty Oct 3, 1957 and later moved to Marion for a new job in Cedar Rapids. He paid the fines at city hall on Tuesday.
On contract renewal day Cedar Rapids postal substations mostly stayed at known spots but only one moved. The low bid for station No. 2 came from Kosek's Ben Franklin store at 1538 First Ave NE, which opened Wednesday morning after leaving Sondrel's Variety and Hardware at 1507 First Ave SE.
Donna Reed and her son Jeff lead a fundraising effort on Channel 9 this Wednesday. The segment promotes charity drives and community support events anchored by the Reed family.
A compact page item blends thanks to Mercy Hospital with assorted Lost and Found notices, rental ads, watch repair, and local services. It includes dog and glasses losses, rental and repair offers, yard work, and a July 4 dance event listing.
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