Stocks Slip In Quiet New York Trading
The stock market closed a touch lower in dull New York session Tuesday with volume about 3.6 million shares versus 3.71 million on Monday.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 13, 1965
Page
2
The stock market closed a touch lower in dull New York session Tuesday with volume about 3.6 million shares versus 3.71 million on Monday.
Soybeans closed up as much as 54 cents a bushel in Chicago trading on Tuesday. Wheat and oats moved within narrow ranges while corn edged up 1 cent and rye fluctuated, reflecting a sharp but uneven day for grain prices.
Chicago cash provisions show No 1 soft red wheat at 1.45 per bushel No 2 red 1.44 and No 2 hard 1.50. Corn No 2 yellow 1.32 and oats No 2 heavy white 72. Soybeans No 1 yellow 2.94 and soybean oil 9.95.
Edwin L. Lindner, 21, lost a footrace with Cedar Rapids officers and drew a 30 day jail term for attempting to elude a police officer. He also faces charges of driving with a suspended license and violating parole after fleeing on foot at 2 15 a m near C avenue and Twenty ninth street NE. Judge Howard McLaughlin set the sentence and told Lindner to consult an attorney on the license charge.
UPI reports in Omaha cattle run of 7,000 head and calves 100 with slow trade. Slaughter steers and heifers mostly steady with choice steers 25.50 to 26.75 and choice heifers 25.00 to 25.50.
Live poultry wholesale prices steady with roasters at 24 253 and specials at 191 21 per unit. Potatoes show arrivals 29, on track 119, total U.S. shipments 357 despite light supply and moderate demand for long whites. round reds demand slow and market dull. California long whites 9109.25 and Texas round reds 8 25.
New York markets show demand fair for eggs with standards 29(2-3) and checks 20' 2-22. Whites listed as Extra fancy heavy weight 34)2-36, fancy medium 28-29, fancy heavy weight 32'2-33/2, medium 27: 28, smalls 22-23. Butter adequate. demand fair. Prices unchanged across items.
Former Mississippi Gov James P Coleman told senators he would be loyal to Supreme Court decisions and acts of Congress if confirmed as a federal circuit court judge. He has faced criticism from civil rights groups over segregationist views.
The butcher hog market rose again Tuesday amid moderate activity and marked its highest level in over two weeks. Slaughter steers mostly held at 26 to 27.50 for choice, with mixed high choice and prime reaching 27.75.
Chicago market hogs and cattle traded unevenly with ranges for 190-600 lb hogs and 750-1,350 lb cattle. Sows and mixed grades showed steady to slightly higher bids while Des Moines receipts and UPI notes indicated demand steady to up slightly, with various weight classes cited across hogs cattle and sheep.
UPI dispatch from Sioux City notes cattle trade slow with slaughter steers and heifers weak up to 25 cents. Scores include choice steers 25.25 to 26.25 with some loads 26.56 to 26.75, and choice heifers 24.50 to 25.25.
The Cedar Rapids market reported steady hog prices with Monday bulk 200 to 230 pound butchers at 23.75 to 24.00 dollars and sows 300 pounds down at 20.75 to 21.00. Cattle quotes ranged from prime steers at 26.75 to 27.50 and standard cows at 15.00 to 16.00, with various age and weight grades listed. Prices apply to plant-delivered grades. adjustments apply per weight group.
Special to The Gazette Mrs James Guritz 35 of Maynard and Cedar Rapids killed in an Oregon auto accident Monday. Services will be held there. Survived by husband four sons and two daughters.
Marion council delays third reading of a city ordinance regulating dancing in drinking places as the public safety committee continues study. The meeting also rezoned land for James Copper developer and approved Copper's South Marion Heights plat with 19 lots.
The Ladies Progressive Club hosts a family picnic Sunday at 12 30 p m at Daniels Park in Cedar Rapids. Coffee is provided. Members unable to attend should contact Mrs Glenn Burrell at 377 0936 or Mrs Ivan Gilmore at 377 0917.
Petition filed by May B. Frederick seeks administration of Irvin Ray Batchelder estate as though dead. Court sets July 23 1965 in Linn County Iowa for hearing with possible appointment of Administratrix if absentee fails to appear. Attorneys Moyer and Bergman announce representation at Cedar Rapids venue.
Notice to Gary E. Warner and Sally I. Warner of contract forfeiture for Lot 4, Auditor's Plat No. 56, Linn County, Iowa. Vendors Charles C. Bradshaw Jr. and Lorene B. Bradshaw allege defaults including missed payments and taxes. If not cured, contract will be canceled and costs of serving notice payable. Fisher & Yarowsky serve as counsel.
Notice of incorporation under Iowa law for GROUP LTD with charter issued July 8 1965. Perpetual existence authorized 100000 shares at 10 each. Registered office 1120 Merchants National Bank Bldg Cedar Rapids Iowa and agent Thomas M Collins. Directors named with addresses in Cedar Rapids. Theodore F Paulson president and E W Munsell secretary.
Sheriff Walter H. Grant directs a public auction of John G. Willman’s property to satisfy a 1965 General Execution in Linn County Iowa. The item offered is a 1956 Transport Trailer Co GPX 24F semi trailer with serial number 6423. Auction set for July 20 1965 at 9:00 AM in front of the Cedar Rapids Court House.
Swisher Trust and Bank of Swisher reports June 30 condition with total assets 2,675,533.69 and deposits 2,375,637.78. Officers Joseph C. Coufal and Elmer J. Ulch certify accuracy with directors Eugene Robison G Milton Chadima J Alfred Witousek.
The sworn report of condition for a Cedar Rapids Iowa bank as of June 30, 1965 lists total assets at 7 665 817 99 and deposits of 4 436 358 06 with capital accounts including 130 000 par value and undivided profits. Officials Louis J Pochobradsky Jr and Charles Kriz sign the document.
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