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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jul 15, 1968

Page

11

Market Dips as FTC Challenges Maremont Deals

The New York market softened after an early gain with losses outpacing gains by about 100 issues. Maremont tumbled after the FTC challenged more than 40 acquisitions. IBM rose on strong earnings while Xerox fell on copying market competition.

NEW York Maremont Federal Trade Commission Standard Oil New Jersey Walter Kidder Whittaker Gulf & Western and Hooker Chemical Occidental Petroleum Sperry Rand

Beolrite Foods Iowa Beef Pack Close Friday

Quotations on late Friday close show Beolrite Foods and Iowa Beef Pack among notable movers. Kidde comm and Zar Hesselt gecess phrases appear in market notes as fragmented tick data.

Beolrite Foods Iowa Kidde Zar, Hesselt Gecess Thes

Stocks and Commodities Mixed in Heavy Trading Session

A sprawling stock market roundup shows mixed trading with many blue chips such as Inland, Abbott, and Texaco posting varied gains and losses. Investors watch industry leaders like General Electric, IBM, and Ford, while bond and commodity quotes appear in the same market digest.

Chicago Produce Prices Mixed Across Products

AP dispatch reports wholesale produce prices in Chicago and New York. Eggs hold steady with higher wholesale bids for A whites and standard grades, butter bids mixed with 93 AA and 92 A ranges, while roasters and potatoes show varied price levels and arrivals.

Chicago USDA U.S Texas NEW York Produce New York

Want ad for selling used items

Local classifieds invite residents to list unused household goods for quick sale. Items commonly posted include furniture, appliances, tools, and electronics. Buyers peruse the page for bargains and sellers expect swift transactions.

Hogs Rise 25 to 75 Cents on Monday Estimates

AP dispatch from Chicago reports USDA Tuesday livestock receipts estimated at 1,000 cattle 3,500 hogs with sheep unavailable. Barrows and gilts sold 25 to 75 cents higher while sows advanced 25 cents. Slaughter cattle calves steers heifers and spring lambs held steady.

Chicago USDA

Chicago live cattle and hogs market report

Hogs traded higher with 4 000 head. Barrows and gilts largely 25 to 75 higher with 200-270 lb ranges. Sows up about 25. Cattle effort: slaughter steers and heifers steady, cows 25 lower. Prime yield and high choice ranges listed for 1 150-1 400 lb steers and 825-1 075 lb heifers. Sheep 200 plus with lambs 90-110 lb at 28.00-28.50.

Chicago USDA Iyield

Market Report Iowa Hogs Trade Movement Falls Narrow

In Des Moines trading remains moderately active with good demand. Butchers and sows hold steady while some prices slip up to 25 cents. receipts expected Monday 65 thousand, week 69 thousand, year 65 thousand, Saturday 32 thousand. Prices quoted for various weight classes across U S 1 2 through 3 ranges. Sows 270 330 pounds 18 25 19 25. 330 400 pounds 17 25 18 75. 400 550 pounds 15 75 17 75.

Des Moines UPI U.S

Omaha Livestock Prices Steady To Mixed Across Cattle

UPI reports cattle numbers at Omaha totals 13 000 head with slaughter 11 500 and feeders 1 500. Cows drop to 501.00 lower while high grade steers and heifers hold steady with top 1 780 lb steers at 28.35 and various weights around 27.85 to 28.00.

Omaha Livestock Omaha UPI

Sioux City Livestock Prices Report

Cattle 8,500 and calves 1,000 processed at Sioux City market. Steers and heifers steady with choice 1000 to 1300 lb cattle at 27.00 to 27.75 per cwt. Four loads of choice and prime cattle top 28.25 to 28.50. Slaughter heifers 850 to 1075 lb 26.00 to 26.75. two loads extra high at 27.00.

Sioux City Livestock Sioux City UPI

Frozen Pork Bellies Market Snapshot

Market quotations from Lamson Bros show active trading in frozen pork bellies with prices around 29 to 33 dollars. Bid and ask levels appear volatile with several large lot numbers and a March indicator noted in the data.

Lamson Bros

Cedar Rapids Hog and Cattle Market Prices Report

Monday market notes show steady hog prices with bulk delivers at 21.50 to 21.75 for 200 to 230 lb butchers and sow values 18.50 to 18.75 for 300 lb and lighter. Cattle ranges include Prime steers 27.00 to 27.75 and Utility cows 16.00 to 19.50, with fat analysis and weight based discounts. Poultry and grain prices listed alongside eggs and oats with delivered Monday close.

Cedar Rapids

Grain futures finish higher on mixed trade in Chicago

Soybeans and most grain futures closed higher in Chicago as trade stayed fairly active Monday. Wheat gained 1 to 2 cents, corn rose about 0.5 cent, oats moved 14 to 36 cents lower or higher, rye up 14 to 44 cents, and soybeans up 0.5 to 1½ cents.

Chicago

Chicago cash grain prices report

AP Chicago grain prices show Wheat No 2 hard and No 2 soft red around 1.32 per bushel. Corn No 2 yellow near 1.14 to 1.15, No 1 yellow about 1.12 to 1.13 and No 5 yellow around 1.05. Oats No 2 extra heavy white near 0.65 to 0.34. Soybeans No 1 yellow around 2.72 to 2.74 per bushel.

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Tampa Garbage Workers Strike Over Pay Raise Demands

Sanitation workers walked out in Tampa pressing for 50 cent an hour raise. Mayor Greco promised positive pay increases by Oct 1 for all city employees. About 400 collectors exist, but exact striking numbers unclear. Previous St. Petersburg strike and protests cited.

Tampa Dick Greco Jesse Epps Memphis Epps Sanitation Department St. Petersburg City Hall A. D. King Martin Luther King

Pueblo Talks Seen Improving in Release Negotiations

Seoul paper cites unnamed sources saying talks between the United States and North Korea show progress toward freeing the Pueblo crew of 82. Clashes over timing of a U S apology and the order of actions were reported amid Panmunjom talks. officials denied the report.

Pueblo Seoul United States North Korea U.S Chosun Llbo Panmunjom State Department

Santa Claus Post Office Escapes Closures

A Santa Claus Indiana post office will not be closed as 347 small town offices face potential shutdowns. A spokesman said the Santa Claus facility remains unaffected while a separate TV program on KCRG TV 9 in color airs Monday at 6 30 PM.

Washington Kcrg-Tv

Chrysler reports record first half sales and earnings

Chrysler, Corp. announced that the first six months of the year set company records with 3.7 billion dollars in sales, up 29 percent from a year earlier. Net six month earnings reached 148.8 million dollars, or 3.20 a share, vs 66.6 million or 1.45 a share a year ago.

Detroit Chrysler, Corp U.S Chrysler

Solid Confidence Vote in Rhodesia

Leaders of the Rhodesian Front gave a solid vote of confidence to Prime Minister Ian Smith. The party executive approved 95 to 2 with three abstentions in support of Smith and his policies. Right-wing members opposed his constitution plan for eventual parliamentary parity. Smith ousted Internal Affairs Minister William Harper earlier this month and now appears in full control.

Salisbury, Rhodesia Rhodesian Front Ian Smith Smith William Harper

San Franciscans Turn In Over 1500 Guns

Mayor Joseph Alioto led a week long antigun drive that produced more than 1500 firearms turned in by residents. Police officials called it one of the largest gun turn ins in U S history as residents surrendered pistols and rocket launchers ahead of an August gun registration ordinance.

San Francisco Joseph Alioto U.S Robert F. Kennedy San

Weight Record Set by C 5 Galaxy on Takeoff

The C 5 Galaxy set an unofficial takeoff weight record on its second test flight with 520000 pounds. Chet Payne, flight test program manager, notes the 246 foot long plane has a 223 foot wingspan and a 121 by 19 by 13½ foot cargo compartment and could hold an eight lane bowling alley.

Atlanta Chet Payne

Nixon Lindsay ticket not an impossibility

Six months ago Mayor John Lindsay would have rejected any invitation to be Nixon’s running mate. Now associates are unsure what Lindsay would do if Nixon offered, though Lindsay backs Rockefeller. Constitutional issues and policy differences may be bridged, with Rhodes backing a Nixon Lindsay ticket.

New York Times Washington John Lindsay New York Richard Nixon Lindsay Miami Beach Nelson Rockefeller Nixon Vietnam Cleve Manhattan New Jersey James Rhodes Ohio Rhodes Rockefeller

Seven Injured In Three Cedar Rapids Traffic Crashes

Seven people were injured Sunday in three Cedar Rapids traffic accidents. A two car collision at Second Avenue and Fifth Street SW injured four, with Linda Heacock 19 West Branch cited for failure to yield. Nedrick Johnson 19 and brothers Lynn 15 Ron 10 were treated and released. Damage totaled 1150 dollars to both cars. Another injury occurred on a private drive in Virginia involving Senator Byrd motive sand tar causing a motorcycle to upset. Geraldine Wade was injured. A separate note reports Senate opposition to Fortas nomination for chief justice with Mansfield supporting and Republicans challenging the choice.

Cedar Rapids Second Avenue Fifth Street Linda Heacock West Branch Nedrick M. Johnson Ninth Street Senate Abe Fortas United States Russell Long Louisiana Fortas Mike Mansfield Montana Robert Griffin Michigan Earl i Warren

Accidents Lead to Charges After Center Line Crossing

Akins suffered a fractured collar bone and Miss Wade abrasions after a collision. Robert D. Gilroy, 27, of Iowa City, faced a charge for driving left of center on Sixth Street, off the road, and shearing a light pole. Gilroy had a nose laceration and was released. Pole and car damage about 500 dollars each.

Akins Miss Wade St. Luke’s Hospital Robert D. Gilroy Iowa City Sixth Street Twenty Seventh Avenue Gilroy Mercy Hospital

Also Mentioned on This Page

UMC Industries Great Western Financial A. J. Industries Crucible Steel IBM Xerox American Stock Exchange T. C. Henderson and Co Am. Ins. Fund Consolidated Foods G.D Wilson and Co Chicago Livestock Hogs C.R. Markets Chicago Cash Grain Rhodesia San Franciscans Warren Weaver, Jr Miss Heacock Byrd Bohemian Savings and Loan Association of
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