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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 19, 1961
Page
4
Chicago AP reports strong hog prices with up to 50 cent gains as demand clears early. cattle slaughter steadies to 75 lower on heavier weights. Des Moines UP I notes mixed butchers and sows showing gains and steady barrows and gilts with varied receipts.
Funeral rites were held for a resident at Murdoch chapel with graveside services at Chapel Hill cemetery Freeport Illinois. Calls and local notices cover YMCA baseball schedule Marion area Girls State student Diane Schuettpelz Marion high school student summer store hours and home sales ads from local merchants.
Slaughter steers sold slowly with sales steady to 35 cents lower, best demand for steers weighing 1150 pounds down. Cattle prices ranged with weaker demand noted. heifer and calf figures varied, with 400 calves and 19,000 cattle reported.
Prices Monday for Cedar Rapids hog market were steady. Saturday bids ranged from 15.75 to 16.50 with some at 16.60 based on grade and plant-delivery. Packing sows 300 lbs and under quoted 13.75 to 14.60. butchers over 220 priced per 10 lbs. weights over 300 same as packers. further weight groups see deductions from 306 to 400 and 550-plus. Poultry and grain figures appear with fragmented data.
North Western Railway reported May operations the best for that month since 1948. Net income was 2,458,273 dollars, up from 408,621 dollars in May 1960, helped by 1,084,516 dollars in tax refunds and real estate gains.
New York stocks closed lower Monday amid sharp early losses. A late rebound narrowed the drop as volume neared 3.9 million shares. Industrial, railroad, and utility indices moved, with notable swings in early trading.
The National Safety Council reports 33 go kart related deaths with nearly half under 16 and 10 under 10. Since activities began about two years ago about 200 have been injured. Thirteen fatalities occurred on streets and highways despite illegality on public roads.
A 1950s style ad claims aging colon muscles cause constipation and presents COLONAID as a three part relief. It promises gentle action on lower colon nerves, rebulking flabby muscles, and moisturizing dry waste for pain free passage. It claims overnight relief and safety for expectant mothers at hospital. Introductory size 43 cents.
Reversal of early weakness lifts oats rye and wheat as buying interest grows. Soybeans hold steady to 0.5 percent higher, corn dips about 1. If oats gain 1.5 percent and rye 3 percent, the market shows mixed strength with cash quotations for wheat and soybeans noted as steady to firm.
AP chronicle notes steady butter wholesale values with 93 score AA at 60 and other grades listed. Potatoes arrivals 292 with shipments across Friday Saturday Sunday totaling 740 568 115. market stronger with moderate new supplies and good demand. California long whites and round reds quoted with regional price ranges. Arizona and Alabama reds listed. overall quote activity insufficient to quote some items.
USDA reported butter markets in New York with ample supply on the hill land and limited grade B Creamery scores around 983. Prices show gains with 61 61s and 90 score B for various sizes. Extra and medium lots appear at 34-35 and 40 pounds with averages 28-29. Standards and checks range 27% to 29.
Gary L. Eschman 24 of route 3 Marion was treated at St Luke's hospital after his car rolled over twice 14 miles north of Marion about 1 a.m. Sunday. Deputies said the foreign car skidded about 190 feet failing to make a curve. Eschman was charged with failure to have his car under control. Passenger Harold Heyes 25 of Cleveland Ohio was uninjured.
Frank B Grimes 65 a Marion resident died Sunday morning at Siren Wisconsin while fishing He was born April 10 1896 in Bozeman Montana married Nina Brown June 17 1922 served in World War I He lived in Marion seven years previously from Freeport and worked for Spahn and Rose Lumber Co Surviving wife son Robert F Grimes three grandchildren and three sisters Irma Janssen Rock Falls Edith Kyger Wilda Siperly Reseda California Services Tuesday at 10.
The Iowa Electric Light and Power Co. shows 12 month operating revenues ending May 31 at 45,515,232 with May revenues 43,685,957. May electric revenues rose from 2,349,779 to 2,432,368 while gas revenues increased from 900,504 to 1,107,431. Net income for the year ending March 31 reached 5,296,657 or 2.66 a share, up from 2.61 in 1960.
An international public company with over 200 offices seeks individuals for a long term income opportunity in Cedar Rapids and Milwaukee. Backed by national advertising and leads, it offers Home Office training and field supervision, growth through repeat business, and thorough screening prior to acceptance.
Collins Radio Co reports nine month net of 2 700 117, equal to 1 22 a share on 2 210 176 shares. This compares with prior year nine months net of 5 901 605 or 2 85 a share on 2 062 522 shares. Sales totaled 164 145 046 vs 138 991 830 year earlier with backlog 161 500 000 vs 160 000 000. President Arthur A Collins cites higher R D costs and start up expenses dragging earnings, with expectations for improvement in the new fiscal year.
Established manufacturers' representative seeks a sales professional to cover Iowa and eastern Nebraska for OEMs in mechanical and hydraulic power transmission. Five figure income in current bookings with growth potential. Engineering graduate age 35 to 45 with sales experience desired. Contact Gazette Box L 461 with resume and photo.
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