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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 18, 1963
Page
20
The New York market rose unevenly on Tuesday as volume reached about 3.88 million shares. Fractional gains topped losses among major stocks while news that May personal income rose to a record annual rate of 458 billion supported the upbeat economic outlook.
A sequence of company names and numeric values appears, including Amr Rein 672 6914 McK Ma Co, Cherry Bur 13 13 4, National Ots 1894 2, Cohu Electron 4 4, Nissen 312 4, Craig Systm 658 478, Rath Pack 12 4 12 %, Technicolor 13 13 4, Kaiser Lnd 794 7 8, Thermogs 13 4 14 Life Invest 64 634, Lone Star S 7 %5e 8 4. The legible items resemble a catalog or list of brand names with associated numbers.
Cattle receipts at Sioux City reach 6 000 with calves 200. Steers under 1150 lbs fairly active and fully steady. Heavier steers slow but steady from Monday's decline. Heifers steady. Choice 1000-1200 lb steers mostly 21.75 to 22.25 with several loads at 22.50. Choice heifers around 22.25 with lead average to high choice.
Receipts 11 000 cattle with calves 25. Steers under 1150 pounds show moderate activity and steady prices while steers over 1150 pounds are slow to weak, some 25 cent declines. Heifers are fairly active and steady. Top price ranges for steers 21.75 to 22.50 with prime at 22.75, heifers 22.00 to 22.75 and peak loads at 23.00 to 23.25 for high choice and prime offerings.
A concise weekday evening local news wrap covers Midwest updates from Monday to Friday nights on Television 9. It summarizes regional events, weather, sports scores, and notable community notices with a steady broadcast cadence.
Carrier shares rise boosting market sentiment as investors react to improved profits and momentum in transport stocks. Weekly data from Standard & Poor's highlights a rebound in transportation sector and broader market optimism.
Chicago AP reports Wednesday carcass market estimates with 10,000 cattle 7,000 hogs and 300 sheep on hand. The featured note indicates hog prices held steady as many buyers awaited results.
Chicago AP notes prices held steady in the butcher hog market with 7,000 head traded. Slaughter steers showed steady demand with a top price of 23.25 for a 1,150 lb high choice grade. Spring slaughter lamb prices were also about steady amid a small supply.
The Chicago market shows about 7 000 hogs with steady to higher quotes across weights from 190 to 600 pounds and a 3 000 head cattle offering. Slaughter steers and heifers command 21.75 to 23.25 for large units, 21.50 to 22.60 for midgrades, and cows and bulls range 13.50 to 20.50. Sheep and lambs bring 19 to 23 dollars per hundredweight depending on size and grade.
UPI reports steady to 25 higher live cattle prices in Des Moines. Estimated receipts 50 000, week ago 68 000, year ago 47 000, Monday 51 000. U S 1 3 butchers 200 240 lbs 16 50 17 00, 240 270 lbs 15 90 16 85. U S 2 3 270 300 lbs 15 15 16 15. Sows 270 330 lbs 14 25 15 25, 330 400 lbs 13 25 14 75, 400 550 lbs 11 50 13 65.
Cedar Rapids hog market Tuesday shows steady prices with Monday bids at 15.50 to 16.60 and most 1s and 2s at 16.00 to 16.60 delivered at the plant. Packing sows under 300 pounds price 13.75 to 14.75, while butchers and packers face price reductions by weight groups across ranges from 230 to over 500 pounds.
The report lists farm prices with heavy breed hens at 6 cents, Leghorn and Hyline 5 cents, eggs at 24 cents large and 20 cents mediums, dirties 17 cents, No 1 wool at 48 cents, No 2 wool at 38 cents, and oats around 36 cents. Grain prices show corn at 8 to 16, oats at 36.
In Chicago trading grain prices fell with light to no buying. Wheat edged near a 15 cent decline, corn slipped 4 to 34 cents, oats and rye down about 0.5 to 1 percent, soybeans by 1 to 2 percent as liquidation and hedging influenced the session.
The Chicago market shows no wheat or oats sales. No 2 yellow corn trades around 1.31 to 1.32, No 4 near 1.28 to 1.29, No 5 about 1.26, sample grade around 1.23 to 1.26, and soybean oil around quoted price.
Ibs Terloo hogs Waterloo steady two butchers 160 170 lbs. Prices vary by weight with figures like 13 25 15 40 14 90 14 50 and 13 75 listed for different weight ranges. Slaughter weights include 270 300 and 330 360 pounds.
Wholesale buying prices for poultry eggs butter and potatoes show little change in Chicago markets. Roasters reach 25 26c, fed White Rock fryers 19 20c. butter steady with 93 score AA 57c and 90 B 55c. eggs steady with various grades at 24 29c. potatoes arrivals 53, on track 239, best stock firm with round reds and long whites priced around 3.35 to 3.65 per bushel in multiple states.
Eggs show white shells abundant while brown shells are light and demand dull. Prices for extras and standards noted with minimal changes. butter remains ample with fair demand and unchanged pricing.
Resistoflex reports a renewed earnings upturn after a yearlong decline. For the year ended last June, net reached a record 1.17 dollars per share. For the nine months through March, net was 0.92 versus 0.75 a year earlier. The firm makes flexible hoses and resins, with industrial sales at 40 percent and aerospace at 60 percent.
Washington reports May personal income at a record annual rate of 458 billion dollars. For January to May 1963 the pace is 19.5 billion higher than the same period last year. Hodges notes first quarter corporate profits were virtually unchanged from late 1962, an unusual outcome.
The North Iowa Conference elected six ministers and six lay delegates to attend the General Conference in April 1964 at Pittsburgh. Ministers: Rev. Dr. Lawrence D. Havighurst Fort Dodge and Rev. Dr. Fred E. Miller Waterloo. Lay delegates: Mrs. W. D. Martin Vin ton, Harry E. Young Oelwein, L. C. Surfus Fayette. The conference also approved a pension plan shift to funding pensions from investment earnings.
President Kennedy asked eight state leaders four Republicans and four Democrats to back the federal civil rights program with parallel state action. He reported a generally favorable reception.
Ron Cochran's Europe to United States telecast via Telstar II is scheduled for Wednesday night at 6 on TV 9. The program will deliver international news coverage with Cochran anchoring from the European studio.
Notice states Frank G. McConkey named Administrator of Fred H. McConkey’s Linn County Iowa estate on June 10 1963. Creditors urged to file claims and settle debts with the Clerk of Linn County District Court. Also mentions administratrix and hearing on sewer construction plans in Cedar Rapids with details and deadlines.
Two executors appointed in Linn County Iowa estates on June 3 and June 10 1963. They urge all debtors to pay promptly and all creditors to file verified claims with Linn County Clerk or attorney Kubicek Novak and Kubicek in Cedar Rapids.
Local Gazette publishes a want ad offering storage goods for fast cash. Space is available to list items, contact details, and preferred payment method for prompt pickup and transaction completion.
City of Cedar Rapids Iowa proposes a resolution of necessity for sanitary sewer work on specified streets 580 feet trunk line with No 1 vitrified clay or concrete pipe manholes and crushed stone. Property owners may object at a July 8 1963 hearing. written objections accepted until then. assessment per Chapter 391 1962 Code.
Reading shows multiple service notices including eavesdrops repairs new and repair work with free estimates. Home care and cleaning services advertise with phone numbers. Ironing baby sitting and delivery offered with hourly rates and hours listed.
The program delivers five nightly minutes of updated news each weekday at 5 55 PM. It provides concise local and regional updates with brief highlights from the latest events and public notices.
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