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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 26, 1966
Page
10
The New York market saw a weakened rally in heavy Thursday trades with about 7.6 million shares. Early gains faded as volume rose, and airlines and electronics slipped, though United Air Lines briefly held gains. Du Pont rose over two points while Douglas fell.
Des Moines market notes show slaughter steers at 24.50 to 29.73 with mixed high and prime lots. heifers around 25.00. goats and elks noted with 25.00 to 28.00 ranges. Utility and commercial bulls run 20.50 to 23.50. spring slaughter lambs steady with few 24.40 to 25.00 per hundredweight. Receipts estimated Tuesday at 60,000. week-ago 63,000. year-ago 48,000. Prices listed for various weight classes of cattle, hogs, and sheep with mixed activity.
Cedar Rapids hog market held steady with Monday bulk 200-230 lb butchers at 24.50 to 24.75 per cwt and 300 lb packing sows bid at 20.25 to 20.50. Price adjustments noted by weight and grade. ranges apply delivered at the plant and weight brackets up to 400 lbs.
The clipping lists varying price quotes for sheep, corn, oats, soybeans, poultry and eggs, followed by public notices. A school district budget hearing in Springville Linn County and a probate notice for David W Ostermeier in Cedar Rapids outline estate administration and claim deadlines.
Probate in Mo 37634 announces the will's validity and the appointment of an executor. Creditors are notified to present claims by a specified deadline. The notice directs interested parties to follow court procedures and contact the appropriate clerk for further details.
Chicago market report shows steady prices for steer and belter beet. Range data include choice steer 500-800 lbs at 39.50 and 600-90 at 49.00, with further prices around 38.30 for adjusted weights.
Chicago AP reports a volatile hog market with prices up 50 cents and down 30 cents from Tuesday. Slaughter steers held steady to 2 cents lower as trading slowed. spring slaughter lambs were unchanged amid softer late demand.
Chicago grain futures slid after loss selling pushed prices down across corn soybeans and wheat. Wheat No 6 hard red spring and No 2 reg were quoted. soybeans weakened about 9 to 10 cents. oats and corn also slipped. Sioux City and Omaha cattle markets showed slow demand with steady to mixed price moves and range shifts across steer and heifer categories.
AP data notes wholesale prices for poultry steady with roaster meat at 25 2075 and varying color grades. Eggs hold firm with Grade A whites around 43 cents per dozen and mediums 14. potatoes report 43 arrivals, 153 on track, total U.S. shipments 240, demand steady with modest price shifts in select varieties.
Gateway Transportation Co. reports a 30 percent rise in first half 1966 revenues to 30.9 million, with an 11 percent gain excluding two 1965-only subs. Six month earnings total 870 620 dollars or 68 cents per share, down from 908 067 dollars or 71 cents. President John A. Murphy cites losses from the two new subsidiaries in Q1 as the reason for the dip.
Milwaukee railroad reports a jump from a $3 million deficit to a $5.6 million profit in the first six months of 1985. The filing shows improved earnings driven by higher freight volumes and cost controls.
Republican candidate for lieutenant governor Testes Optimists Max Mills will speak Thursday at noon at the Elks club. The City Brief notes a GOP event and local civic happenings in a compact report.
Showers and thunderstorms roamed across Iowa on Tuesday with some areas reporting moderate to heavy rainfall. Temperatures stayed in the mid 80s to low 90s with high humidity. Overnight lows were around 70 in several cities, and parts between Davenport and Cedar Rapids saw showers near noon as Montezuma recorded about one inch of rain.
Petty Officer 3 Charles A. Long, 21, of Walford, was wounded in the right arm during a Viet Cong mortar assault on the Da Nang Seabee hospital complex. Seven wounded, four helicopters damaged, and hospital slight structural damage reported. Long, a Jefferson High School graduate, had been in Vietnam since January.
A fire gutted the Skyline ballroom and supper club west of Estherville on Highway 9. Owner Lloyd Sampson estimates about 250000 in losses with only 50000 insured. The Skyline motel escaped damage. In Mount Pleasant a rep’s wife and daughter watched TV from a second floor apartment as smoke rose. Cause undetermined but kitchen heat suspected. Rep Schmidhauser labeled Johnny-come-lately amid campaign chatter.
Classic feature animation titled Pied Piper of Har lin debuts as the 4 O clock Movie on Channel 9 on Wednesday. Movie is listed for KCRG-TY.
The House of Commons approved the Labour government's bill to nationalize Britain's steel industry on a 328 to 247 vote in its second reading. The measure would bring under state control the 14 large companies supplying a major share of the nation's steel.
An AP field report from New York notes slightly higher overall demand with balance among large and small milk buyers. Prices for whites range from extra fancy heavy weights to peasants. butter offerings are adequate but demand is slow. Creamery scores and various weight categories are listed with scattered price points.
Oral arguments opened in U S district court in Des Moines as three students suspended for wearing black arm bands to protest U S involvement in Vietnam seek an injunction to overturn the school board ban. Testimony wrapped up the previous day before Judge Roy L Stephenson.
Three paintings and a phonograph were reported stolen in a break in at a vacant house located at 226 Second Street NW. The residence belongs to Mary Doyle of 712 Eighth Street SW. No loss estimate was given.
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