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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 11, 1963
Page
21
Lamson Brothers and A G Hoelzen present grain quotations in Chicago with market figures and prices. The report lists prices for corn wheat oats and related futures as of the latest trading session and notes Cedar Rapids office contact details.
The market closed lower after a late selling squall led by Chrysler which breached 60 and fell by more than a point. The weakness spread across the list while the tape ran late. many stocks steadied afterward. Volume was about 3.7 million versus 3.74 million the previous day.
A dense sheet lists prices and percentage changes for numerous companies including Amn Cyna Libby McNeill Armac Steel General Electric Ford and many others. The column shows holdings or quotes with percentages ranging roughly from single to high double digits, including firms like IBM, Coca Cola, Union Carbide, Texaco, and Boeing. The document appears to be a market quote page reflecting various equities and unlisted securities.
Omaha cattle receipts 2,500 with calves 25. Steers and heifers opened moderately active with sales mostly steady. Most choice steers bring 24.50 to 25.25 with high choice and prime up to 26.25. End of prime heifers 25.50 and 950 lb loads 25.00. Good and choice cattle generally 21.50 to 24.50.
Chicago attorney Stephen Love, a white member of the NAACP, resigns and vows no more contributions, saying the group did not apologize for what he calls hoodlum treatment of Mayor Richard Daley. Daley faced boos and placards during a rally at the NAACP convention.
Roger W. Charlet twenty two of Maxwell and Harland D. Slippy eighteen of Cambridge were sentenced to one day in jail in municipal court on charges of defrauding an innkeeper. The complaint filed Wednesday night by W. E. Blood owner of the E&R case charged them with leaving without paying their checks. Judge L. M. Hullinger granted credit for time served and ordered restitution.
Chicago Friday estimates show 5 000 cattle 5 000 hogs and 200 sheep receipts. The butcher hog market hit a yearly peak with prices up 25 to 50 cents a hundredweight as about 100 head topped at 19 60 the highest since Sept 21. Slaughter steers sold steady with a 1 245 lb prime load bringing 27 75.
Chicago meat market reports show hog prices for various weights rising 1 to 3 per cent with 190 to 350 pound categories around 14.75 to 19.25 per hundredweight. Slaughter steers mostly steady with prime loads around 26.75 and 1,000 to 1,250 pound lots at 25.25 to 26.25. Sheep and lamb values also listed with best slaughter lambs at 21.50 to 22.00 and ewes 4.50 to 6.50.
Butchers posted gains of about 25 cents, with estimated Thursday receipts at 45 000 and week age totals near 50 000. U S 1-3 loins ranged 17 1 2 to 18 1 4 per 100 pounds for 200-240 and 240-270 pounds, while sow prices varied from 12 25 to 16 15 for 400 to 550 pounds.
UPI reports hog prices at Waterloo with butchers 25 cents higher and sows steady. No 2 butchers ranges from 160 to 400 pounds with values from 14.25 to 17.50 dollars, and No 2 sows priced 13.75 to 15.00 dollars depending on weight.
Cedar Rapids price report shows hog prices unchanged from Wednesday with 1s and 2s mainly 17.25 to 17.75 at the plant. Packing sows 300 lbs down range 14.25 to 15.25, butchers priced 15c per 10 lb increments, with various reductions by weight group. Eggs quoted with large 25c, mediums 20c, B 20c, dirties 17c, A small 17c, peewees 10c.
The June 29 1963 report lists assets including cash balances with banks government obligations state and local loans and deposits total deposits and liabilities. Officials M Erusha president and R Erusha cashier sign the statement with notary Arlene E Williams noting the certification date July 9 1963.
State Bank No. 634 The Exchange State Bank of Springville Iowa reports assets totaling 1,530,013.26 with deposits of 1,530,013.26 including government and postal savings as of June 29, 1963. The document lists cash balances, government securities, loans and discounts, and miscellaneous items alongside total assets and deposits.
Bank condition report for Peoples Bank and Trust Company of Cedar Rapids Iowa as of June 29 1963 shows assets total 36 million with deposits totaling 33.54 million. Directors Livingston Rinderknecht Evans attest the report sworn at Linn County Iowa on June 10 1963.
Bank condition report for First Trust and Savings Bank Cedar Rapids Iowa shows assets, deposits and capital totals with affiliations. Linn County Board of Education sets July 23 1963 meeting at Court House Cedar Rapids for tax expenditure hearing under Chapter 273 Code of Iowa.
June 18 1963 Linn County Iowa Board of Supervisors m et approves one year cigarette permits for Postel Grocery Viola and Sportsman s Club Central City and Virginia Nemec ek secretary treasurer grant right to lay buried telephone wire on county roads for Northwestern Bell Company 30 inch depth 2 to 5 feet from road edge and approves various financial authorizations and bids with adjournment to June 25 1963.
Chicago AP reports grain trends mostly lower as Midwest showers dampen demand and the July crop report hints at bearish news. Wheat falls 1 1 4 to 2 1 4 cents, corn around 1 percent, oats down 1 to 1 1 2, rye mixed, soybeans 4 to 6 cents lower.
Investors query joint ownership tax impact. Advisor says laws and incomes vary by state and suggests consulting a tax attorney. Example shows a widow reassessing holdings after her husband’s illness and a broker shifting funds into a balanced mutual fund to emphasize income and safety.
Heavy rains in Japan caused floods that killed at least four people and stranded about 1,500 schoolchildren. Rescue efforts continued as rivers rose and authorities warned of dangerous conditions across affected prefectures.
AP report from Chicago lists corn No 2 yellow at 1.35 per bushel and soybeans No 1 yellow at 2.67, with notes indicating no wheat or oats sales and a garbled line about soybean oil.
AP notes steady wholesale prices for butter eggs and potatoes in Chicago markets. Butter ranges show 89 to 93 scores with minor changes. eggs list several grade whites and varieties with small shifts. Potatoes arrivals on track total shipments and current demand favor long whites over round reds amid moderate carrot track sales in California and Texas price ranges.
New York market notes generally light demand with eggs rated fair to good. Extras at 31.5 to 33 cents per dozen, mediums 25 to 26 cents, standards 29.5 to 30.25 cents, checks 24 to 25 cents. Burden described as adequate with spotty demand and no price changes.
Sioux City cattle receipts 4 500 with calves 100 and steers steady to 25 cents lower. Heifers active with Choice steers mainly 24 75 to 25 50. Most Choice heifers 24 00 to 25 00, several loads high Choice to end with prime at 25 25 to 25 50.
Trial of Roland A. Borman on mailing un mailable matter is scheduled for July 31 at 1 30 p m in federal court in Dubuque Judge Edward J McManus of Cedar Rapids filed the order The indictment was handed down June 13 1962 A new bankruptcy petition was on file
Five more liquor-by-the-drink licenses were approved after inspections and sent to the Iowa liquor commission. Approved entities include the Windsor hotel, Legion Town Club, Veterans of Foreign Wars, Secrel Enterprises (Black Angus), and the Purple Cow. Total approvals reach ten with additional licenses on file for Merri-Mac club, Sheraton-Montrose hotel, May City Lanes, Loyal Order of Moose, Fraternal Benevolent Assn, Tony's Charcoal Steak House, and Cedar Rapids Bowl Inc.
Representatives from the Cedar Rapids Board of Realtors will attend a real estate seminar in Waterloo hosted by the Iowa Real Estate Association. Friday is the deadline for additional reservations at the board office. Speakers include Jack C. Burchill of Pierre and two past SD Realtors presidents. George Clarkson of Des Moines will also speak.
Public legal notices list probate hearings and executor appointments in Linn County Iowa. Hearings on July 17 1965 for William Willenbrock will. executors named Cleo R Fahrney David G Bleakley Sallie L May Orpha Campbell Viola Ridenour and Grace Cestrix are appointed in several estates with claims and payments to be filed and settled.
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