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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 06, 1969
Page
19
New York reports steady to mixed prices in late session trading with declines in some stocks and heavy activity in others. Chicago hogs and steer futures show firmness as pork and cattle bids vary, while USDA data reflects variable cattle and feeder calf demand amid fluctuating wholesale quotes.
Readable portions report cattle and hog price ranges, receipts of 40,000 head, and weekly slaughter notes with price benchmarks. It also notes Square D Co directors elected, dividends declared, and a delayed pool opening in Columbus Junction with swimming facility updates.
Wheat futures slipped about a cent as July contracts traded around 1.29, while corn oats and soybeans showed varied moves. A theft report from Greenehall notes a tape player and a yellow vehicle part missing, and an antique sale is listed for Lindale Plaza on Saturday June 7. Paris Academy beauty course remains open for June enrollment. A motorless go kart valued at $9 was stolen from 917 Fifth Street SE.
Washington AP reports hundreds of banks may curtail or end government guaranteed student loans under the higher education act of 1985. More than 640 million in guaranteed loans to about 34,000 students could be affected as banks weigh higher rates and possible fees. Officials warn a real summer loan crunch could hurt needy students while Congress weighs reforms and the administration prepares proposals.
Indoor sports picnic set at Man. hattas pavilion in Ellis park this afternoon. Attendees are asked to bring a covered dish and table service. Joe and Ward's Drive In enters new management. Ady.
Davenport AP report notes Friday hog market in Cedar Rapids showing steady to weak prices for cattle and hogs. Bulk country plant delivered butchers weighing 206 to 230 pounds priced around 24.25 to 4.50, with various weight grade deductions and packers allowances. timeline and weight ranges detailed. Also reports the death of Steven A. Graham, 5, of Davenport, from injuries after being struck by a car near his home last Saturday.
LaPorte City celebrates a new police chief James Beatty of Carbondale SIU names Dix successor after resignation. In Independence Dundee Paul Dunkel 32 faces charges for failing to display flares after a disabled vehicle crash near Hopkinton with no injuries. Honolulu Robert Murray 58, once undersecretary of commerce, found dead in hotel room.
New York AP report states Anthony Guarino a 30 year old carpenter posed as a physician at Parkchester General Hospital for six months assisting in operations and writing prescriptions. Hospital director says he worked only 10 or 12 days and never assisted in operations. He faced indictment for posing as a doctor and allegedly collected 800 in fees. Discovery followed a nurse and a factory worker reports of borrowing money with a marriage promise. Guarino claimed medical study in Bologna, Italy which Bologna University said not true.
Beatrice Foods executives told over 4 000 stockholders at the Chicago annual meeting that sales and earnings will set records this year. President William G Karnes forecast sales above 1 4 billion if weather stays favorable and economy improves. Last year sales were 1 3 billion with earnings about 43 million. All seven divisions reportedly increased sales and earnings. A new NY banker joined the board as 18 directors were reelected and pre emptive rights were eliminated to pave the way for up to 35 million in debentures abroad to fund expansion overseas. Regular dividends of joe% per common share will be paid July 1 to stockholders of record June 14.
Dr Timothy Leary and his wife Rosemary and son John were ordered to stand trial September 3 in Santa Ana on marijuana and LSD possession charges. Judge James rejected a motion to dismiss. The trio were arrested December 26. Leary seeks public office as an LSD advocate.
AP report says the Defense Department will study military families in the United States unable to meet basic living costs and turn to welfare. Sen. Case cites 13 Fort Dix families on welfare, while Rep. Monagan notes similar cases. Brig. Gen. Brenade says no solid data yet and the department will assess the scope and nature of such welfare participation.
Tokyo AP reports China accusing the Soviet Union of cross border incursions and attacks in Heilungkiang and along the Heilung river. Chinese foreign ministry notes protest to the Soviet embassy, seeking halt to firing and intrusions, the return of kidnapped Chinese and seized arms, and compensation for losses.
Market listing shows Penick and Ford's Carn Derivatives with prices for a2 Gorn Syrup tank, Bletch PenOlior Base, Thin Rolling Starch, Dextin Whites, Crude Condy Oil tank, and various quantities. Values include 775 Dovaias Grit and 4.4 190 in the ad style.
Six years of development and operation see over 200 convenient retail stores now managed. Several desirable Cedar Rapids locations available with long term value and rental income potential. Invest $10,000 or more to benefit from expanding land value and steady earnings. Contact box N213, GasaHe for details.
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