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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 26, 1963
Page
12
In New York, late buying lifted several issues as stocks closed mixed in a slow pre weekend session. Oils led the gains with small fractional advances while volume totaled about 2.5 million shares, down from Thursday's 3.7 million. Key stocks moved in fractions to roughly a point.
Safety Commissioner Frank Bush warned of dangers from vandalizing stop signs. He said tampering with traffic devices is a misdemeanor with fines from 1 to 100 dollars and up to 30 days in jail. He cited intersections where signs were removed risking motorists and noted past prank-related fatalities in other communities.
National Oats Co. Friday reported higher net income for the year ending June 30. Preliminary figures show a profit of 341,102 dollars or 2.06 dollars per common share, up from 317,295 dollars or 1.92 dollars per share a year earlier.
In color and black and white, the Flintstones episode airs Friday night at 7 30 on TV 9. Fred seeks a raise from Mr Slate in a comedic workplace caper.
Prices in the Chicago butcher hog market rose with active trade. Mixed No 1 and 2 hogs weighing 190 to 225 pounds topped at 20 dollars as buyers paid fairly freely. Slaughter steer prices were steady to 50 cents lower for weights 1250 to 1350 pounds, with high choice and prime cattle trading around 25.25 to 26 dollars.
In Chicago market notes from AP and USDA, hogs at 4,500 head with steady bids across weights. Sows 16.75 to 18.00, loads at 18.25, heavier hogs down to 14.75. Cattle 4,500, steers mostly steady to 50 lower with prime loads to 26.00, heifers 24.75 to 25.00, cows 14.50 to 16.00. Sheep scant, lambs 20.50 to 21.00, ewes 4.00 to 5.50.
UPI reports Waterloo hogs mixed with lower butchers prices. No. 2 hogs range from 15.25 for 160-170 pounds to 16.75 for 280-290 pounds. Sows listed from 16.25 for 270-300 pounds to 15.50 for 330-360 pounds. Sioux City cattle and calves amount small. trade not tested.
UPI reports cattle graded offerings at Omaha, Nebraska, with about 500 head of cattle and no calves. The steers and heifers were too light in supply to establish a test trade, leaving buyers and sellers waiting for fuller supplies.
Friday hog prices at C R MARKETS held steady to a quarter lower with Thursday's bids at 17.50 to 19.00. Most 1s and 2s ranged 18.50 to 19.00 based on grade. Sows, 300 lbs down, 15.25 to 16.50. Butchers 25c lighter per 10 lbs. packers vary by weight groups. Sheep lambs and ewes listed with weights and prices. poultry hens and cocks priced. Egg market quoted per dozen. grain prices shown for corn soybeans oats.
John and Barbara Jensen file in district court for 32 165 claiming Mrs. Jensen suffered neck fracture and car damage after a D S Glass Co. truck collided with her northbound car on Third Street SW on July 3 1962. They seek 26000 for neck injury 165 for car damages and 6000 for medical expenses and loss of companionship. jury trial requested.
Judge Charles Penningroth said progress was made at a judicial nominating commission meeting to recommend a successor to Judge Donald P Barnes. An afternoon session was planned to finalize two names for Gov Harold Hughes, who then has 30 days to appoint one of the two, with a Friday meeting anticipated.
Wheat showed modest strength on Friday while corn fell 74 to 15 percent, oats down 1 to 34, rye 34 to 154 lower, and soybeans dropping 25 to 3. The report notes Wheat closing 14-144 higher amid broader commodity selling.
Market notes list Chicago cash prices for corn oats and soybeans. Corn No 1 yellow cited at 1.30 2 per bushel. Oats No 2 heavy white 67 cents and No 1 extra heavy white 67 1?2. Soybean oil 84b per bushel. No wheat or soy bean sales.
Butchers mostly steady to 25 cents lower with sows roughly steady in Des Moines. Estimated Friday receipts 35 000, week ago 37 000, year ago 43 000, Thursday 59 000. Price ranges shown for U S 1 3 butchers and U S 2 3 and sows by weight brackets.
AP reports steady wholesale butter prices with small gains for select grades and unchanged to lower egg values. Potatoes show firm demand for top stock, with loose markets dull. regional carrot sales cited California whites and Texas round reds with price ranges.
Eggs adequate with light demand and disappointment. Extras 47 lbs minimum 35 36, extras medium 40 lbs average 30 32 to 31 2, Standards 32 33 2, checks 24 25 2. Butter adequate with slow demand. Prices unchanged.
Robert Brecht, 31, of 214 Fifth Street NE, received seven years in Ft. Madison state penitentiary for false uttering of a $20 check, plus bench parole. He pled guilty to the charge, with sentencing delayed to Friday by Judge William Eads. He admitted passing ten other bad checks totaling about $180 and had been set for a jury trial. The offenses allegedly occurred June 22 at Hy-Vee, 1843 Johnson Ave NW.
Linn district court reports jurors need not report Monday as criminal jury trials have been settled or continued. A $450 car warranty suit was moved to Aug 5, with jurors to report at 9 a.m. Aug 5. Judgments include Earl Chamberlain vs. Joseph and Lois Mahr for $323.47 and Melvin Van Natta vs. Frank Kulish for $185.
Allis-Chalmers Manufacturing Co. announced six month sales and earnings above prior year levels. Sales and other income reached 272.7 million with net earnings of 3,071,259 or 32 cents per share. Backlog stood at 165 million, 19 percent higher than a year ago.
Dismissed petitions list Patricia Ann Beltz versus Robert E Beltz and Betty A Brown versus Earl E Brown. No further court actions indicated in the brief records.
Federal Judge Frank Gray refused to dismiss an indictment charging Teamsters President James R. Hoffa and six others with attempting to fix a federal court jury. The seven must stand trial on Oct 14 despite defense motions to move venue and sever defendants.
Local notice reports Mrs. Gary Lorenz of 5430 Wyoming Drive SW is a patient at Mercy Hospital with visitors permitted. Other brief entries mention a juvenile arrest in Georgia, a Chevrolet display in Rapids, a garage break in, a bond forfeiture for Edward Chester over a building fire, and various local ads for dining bowling and beauty services.
Gail A Furnish aged 37 of 211 Fourteenth Avenue SW was sentenced to 30 days in county jail on resisting an officer and fined $10 plus costs for letting an unauthorized person drive. Police say he signed a statement claiming he drove during an incident on Worthington Drive SW. Barbara Akers aged 14 of Mt Vernon Road SE was found driving the car and charged with driving without a license and lacking control.
ABCs Wide World of Sports presents a water ski tourney and ski jump event Saturday at 4 p.m. on KCRG TV 9. The program highlights competition highlights and star performers from the two sports in a single telecast.
Algiers AP Cuban Economic Chief Ernesto Guerrara left for Cuba Wednesday after a 20 day visit to Algeria.
Sam Shulsky advises investors to research unlisted over the counter insurance shares cautiously. Madison Fund, one of the oldest closed end investment trusts, evolved from Pennroad to a diversified vehicle in 1958. It attracts investors with aggressive management and regular distributions from capital gains and dividend income.
Three local youths ages 8 10 and 11 were referred to county juvenile authorities after admitting window breaking at a beer distributing warehouse on Sixth Avenue and Seventeenth Street and an 11 year old taking $23 from a purse at the city pool. Other incidents include damage to a drag line on Grand Avenue near Starry Park and a rock tossed from a moving car damaging a local vehicle.
Des Moines officials announce a new Iowa citizens' committee on crime and delinquency to be chaired by Rev. Gordon Smith. Milton Rector of the National Commission on Crime and Delinquency notes the group of about 25 should form by early fall to apply successful citizen efforts from mental health to correction and delinquency work.
Mrs. Leroy G. Willey of Clinton was named president of the Iowa Department of the American Legion Auxiliary, defeating Mrs. E. G. Kandel of Mindenin in the sole contested post. Lilly Gibson and Mrs. C. D. Duffs were elected vice presidents, with Helen Adams named historian, Helen Story chaplain, and Ar delle Owen Des Moines elected executive secretary treasurer.
A 15 year old boy named Steve Sydes was killed when his bandanna snagged on a bedpost. He rolled off the bed, the knot tightened and the fabric strangled him. The incident occurred in Maylene Alabama. Authorities are investigating the accidental death.
Multiple local notices and ads appear. Schaefer Decorating promotes Dutch Boy paint at 790 25th street. David Martin, recent Idaho graduate, heads to Fort Leonard Wood MO for six months active duty with the National Guard. Ray's Time Shop offers a three day watch or clock repair service. Dr A B Lake hosts overnight guests Warren Patterson and W R Pedersen. Summer clearance advertises dresses tops and swim gear open until nine. Farmers State Bank offers four percent interest on one year certificates. Christensen auction lists household goods at 301 22nd street Saturday at 1 p.m.
Fourteen Iowa national guardsmen from the 34th artillery group at Boone were hit by lightning near Camp Guernsey during field maneuvers. Two hospitalized, three confined at the infirmary, with nine others unharmed. all expected to recovery by Friday or Saturday.
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