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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 13, 1964
Page
19
In New York, shares opened higher but turned irregular as auto and steel issues shed gains this Monday afternoon. Volume hovered around 4.8 million shares, down from 5.42 million Friday, with the market retreating after a strong morning, despite last week’s five-session rise led by those sectors.
SiouX City cattle receipts near 8 000 with calves about 500. Steers and heifers show steady values: good steers 18.50 to 22.25, choice 22.50 to 23.50, prime 1 250 lb at 24.25. Choice heifers 21.50 to 22.75, load high choice prime 1 025 lb at 23.00. Omaha receipts around 1 000 to 1 000 with steers 22.50 to 23.25 and prime 23.50. heifers 22.25 to 23.00 with loads at 23.25.
In San Francisco Barry Goldwater asked George Wallace to withdraw his effort to win presidential electors in southern states. He warned a Wallace bid could split votes and create a third party, saying he prefers a two party system. Some polls suggest Wallace’s effort would hurt Goldwater more than Johnson.
USDA Tuesday receipts estimate 2,500 cattle 5,000 hogs 400 sheep in Chicago. Hog supply dropped to 5,500 head on Monday, smallest for a Monday this year with prices steady to strong in active trade. Slaughter steers steady to strong with prime grades at 25 per hundredweight in the 1,250 to 1,400 pound range 24 to 24.75 for mixed high choice and prime. Sheep market steady lambs 24.50 for mixed choice prime and 22 to 24 for mixed good to choice.
Hogs 5,500 head with steady to strong bids across weights and sows lower in some ranges. Cattle 12,500 head with slaughter steers and heifers showing gains in high to prime categories. Sheep 300 head with spring lambs steady and ewes 4.00 to 6.00. Iowa hogs show similar trends with sows steady and lighter weights strongest. Estimated receipts Monday show varying totals compared with prior periods.
Cedar Rapids hog market Monday held steady to weak with Saturday bulk 200 to 230 lb butchers at 16.50 to 16.75 per hundredweight. Packing sows 300 lb down ranged 13.75 to 14.25. Price deductions apply by weight and grade at the plant, affecting butchers and packers across weight groups. Egg prices show large 26c, mediums 20c, B large 20c, dirties and checks 1c.
Fort Dodge police held 36 year old Clay Price on an open murder charge in the shooting death of 39 year old Oscar Barconi Sunday night. Barconi died early Monday from five close range shotgun wounds, following an argument over $6. Price was arrested shortly after the incident and is jailed without bond.
A compact set of city briefs reports on a Tuesday meeting for a Senior Men's Christian club at the YMCA with Rev. D Loferski as speaker. Also listed are cancellations, transfers, petty thefts, hospital notices, veterans meetings, and a film event at a Cedar Rapids hotel with local educators named.
AP dispatch from Chicago reports broad grain declines as selling pressure hit 11 grain futures contracts. Soybeans led losses, dropping more than two cents a bushel after the government crop report indicated 30.8 million acres planted, a bearish factor. Wheat, corn, oats, rye also fell, with soybeans still down substantial amounts.
July 24 is deadline to register to vote on a $100000 fire station bond issue. City Clerk Merwen L Taylor urged residents to update name or address and noted no plans for extended hours before the deadline. New residents must register to be eligible.
AP notes Chicago cash market quotes for soft red and yellow corn oats and soybeans. Prices show grains at varying duties with No 1 and No 2 designations and soybean oil listed.
Wholesale poultry meat prices slip slightly with roasters at 23 25½c and White Rock fryers 19 20c. Butter steady with 93 score AA at 57¾c, 92 A 57¾c, 90 B 57c, eggs steady to firm with whites 33c, mediums 26c, dirties 24½c, California long whites at 6.25 to 6.40 a case and California round reds around 5.00 to 5.25 a pound. NY eggs ease to 31–33c for standards and 23½–25c checks, butter 59–59¾c for 93 and 92 scores.
A concise summary of the 1964 Republican platform targets civil rights fiscal policy Vietnam Cuba and health care. It pledges full civil rights law implementation prudent fiscal management decisive victory in South Vietnam support for the OAS effort to restore a free Cuba and broad federal state coverage of medical and hospital costs for the needy elderly.
Investors debate a Comsat public offering as market chatter fades. A housewife who bought 10 shares at 2244 weighs future gains and dividends for her children, while another resident considers buying at about 26 a share. Experts warn earnings and dividends remain distant and highly speculative.
Lady Sarah Armstrong-Jones, 10 weeks old and daughter of Princess Margaret and Lord Snowden, was christened Monday in the private chapel at Buckingham Palace. Queen Elizabeth the Queen Mother, the Princess Royal, Princess Alice, and Snowdon's parents attended the ceremony.
Two Madison residents were seriously injured in a Saturday evening collision on highway 13 near Waukon. The injured are Robert Schave, 28, and his mother Mrs. Albert Schave, 66, both with fractures. Truck driver Ted Bushbalm, 45, escaped injury.
The Lone Ranger airs Tuesday at 4 p.m. on Channel 9 and reports the recovery of stolen loot. The action focuses on the ranger and his pursuit, delivering a clear update on the case within the program.
Evangelist Billy Graham drew 22 500 people to Jet Stadium Columbus Ohio after rain cleared for his sermon on The Scandal of Christianity The Cross as God dynamite and power was cited as the path to salvation and 850 people went forward to commit to Christ.
In Chicago a co defendant of James R. Hoffa collapsed in court upon recognizing U S attorney Myles Lord who helped put him in prison. Benjamin Cranow, on trial with Hoffa and five others on fraud and conspiracy charges, objected to Lords presence as observer. Cranow serves a Sandstone Minnesota prison term for mail fraud connected to a Minneapolis department store.
Predawn fires burned two Black churches to the ground in a rural Adams County community near Natchez. Sheriff Odell Anders said investigators from the State Fire Marshal's Office were called in to determine the causes.
Burglars violated two Hazleton businesses over the weekend. The Sunrise cafe der a cash register theft of seven dollars while Hazleton Lumber Co. reported no loss. Proceedings described as a weekend breakin.
Dwayne Orton former college president and IBM Think editor told Cedar Rapids Rotarians that America has not missed the 100 billion spent on foreign aid and can fund a major education program worldwide He linked education to economic health and growth citing MIT and Harvard studies He heads IBM education department serving over 200000 people and previously led Stockton College and the University of the Pacific.
Police investigated a break in at the Cedar Valley playground pavilion on Otis Road and Blakely Boulevard SE. A door to the storage room was smashed, a valve key for the wading pool was stolen, and the pool water valve left open though no damage occurred as the pool is drained on weekends. Parks Supt. Elmer Delaney noted the key was the only item taken.
The Town Council of Center Point Linn County Iowa will meet July 1964 at 7:30 PM in Council Chambers to consider sale of 40000 dollars General Obligation Improvement Bonds for Street Improvement. Bonds dated July 1 1964 mature 5000 dollars annually through 1972. Sale conducted under Iowa Code Chapter 75. Final bond form and opinion provided by Herrick Langdon Slorry Belin Des Moines. Town Clerk H J Brookman.
The Center Point Iowa City Council will meet July 29 1964 at 30 o’clock PM at Council Chambers to consider issuing 40000 General Obligation Street Improvement Bonds under Iowa law to fund previously constructed street work. Electors may file petitions in the Clerk’s office before the issuance date.
Sealed bids for furnishing equipment materials labor and tools for language laboratories at Harding and Taft Junior High Schools in Cedar Rapids Iowa will be opened at the Board of Education office. Bidders must provide 100 percent performance and payment bonds and may face a 30 day bid hold. The Cedar Rapids Community School District reserves the right to reject or waive bids and favors state produced coal and timber.
Democratic candidate John C. Culver spoke at the World War I Second District veterans picnic in McGregor Heights. He cited Iowa as leading the nation in elderly share and urged congresspersons from the area to back old age benefits employment and medical assistance bills to ensure comfort and continued contribution for seniors.
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