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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 19, 1962
Page
19
Chicago market reports butcher hogs steady to strong with top at 19.25 per hundredweight and 19.00 for 190-230 lb hogs. Cattle prices fell about 25 cents with fed steers near 24.75 to 26.25 for large loads and cows 15.75 to 17.50. Sheep and lambs mostly steady with spring slaughter lambs at 24.50 to 25.00 and ewes 4.00 to 5.00
Des Moines AP USDA reports demand remains good with steady to mostly 25 cents higher. Estimated receipts 50 000 hogs this week. prior weeks 46 000. Monday 54 000. Butchers and sows by weight ranges listed with specific price intervals for each category.
The list shows assorted market figures including weights from 240 to 400 pounds. Prices range from about 14.35 to 16.85 dollars with entries noting 16.60 16.15 16.85 and specific references to items like Higgs at 15.65 and Sagoatsis at 14.35.
Omaha stock market notes cattle prices with figures on slaughter steers average and high choice heifers at around 24.25 to 25.75 per hundredweight. Calves offerings and bids appear, with prime items mentioned and several price ranges cited.
Cedar Rapids hog prices Tuesday held steady to 25 cents higher for butchers while sows remained steady. Monday quotations for 200 to 240 pound butchers ranged 16.00 to 17.00 with some at 17.15, 1s and 2s generally 16.50 to 17.00 delivered at the plant. Packing sows 300 pounds and under were 14.25 to 15.10, while heavier lots saw reductions by weight groups up to 550 pounds.
Milner Rompot of 602 Ely Avenue SW pled guilty before Municipal Judge Howard McLaughlin to leaving the scene of an accident and improper passing. He was fined 50 dollars for leaving the scene and 10 dollars for improper passing, totaling 60 dollars plus costs. Police reported damage to Joe B. Smith’s car in the 4900 block of Center Point Road NE.
New York stocks ended mixed after a recovery helped limit losses. Gold mining shares led gains while overall volume was about 2.6 million, reflecting uneven market action after the rally.
Chicago brokers report a mixed grain trade with technical factors driving moves. Wheat finished mixed, corn and oats rose, rye slipped, and soybeans were steady to slightly higher amid shifts between contracts and commodities.
The Cedar Rapids council took no action on a bid tied to possible unionization of city street and sanitation workers. Secretary Harry J. Wilford urged supervision of a workers’ election, but the matter was sent to further advice with a July 2 likely answer.
The Chicago cash market shows mixed quotes with corn and oats under No 2 yellow at about 1.15 and soybeans oil near 1.43. Beans No 3 yellow around 2.54 and feed grade soymeal around 98 to 1.23 per unit.
AP reports steady wholesale buying prices for Grade A butter at 28¢ per pound and 23 1/2¢ for mixed weights, with various standards and dirties around 22¢ to 25¢. Live poultry prices hold. roasters and reds near 23¢, with market firm demand and California round and Montane figures listed.
Investors' Guide explains that mutual funds report quarterly portfolios and additions or sales, with fund specialists offering data. Foundations publish holdings in their annual reports. Stop loss orders convert to market orders at trigger, potentially causing larger losses or quick sales in volatile markets.
Charles Pals aged 17 of Thornton died in a Mason City hospital from injuries tied to a Friday night auto crash. He passed away Monday night after the accident that occurred in Mason City.
Lt. Adams faces disappointment as Part II of Policemen Die Alone airs Tuesday at 7 30 P M on KCRG TV 9's New Breed.
Police report two Monday break ins in the city. At Rope's Sinclair service station burglars busted a rear garage window and damaged a cash register adding machine but took no money. The West End A and W root beer stand had a broken window and $48 grabbed from a cash register.
Anna Dunn 78 of 1543 Sixth avenue died Tuesday in a Marion nursing home after a long illness. Born July 5 1884 in Bohemia she moved to Cedar Rapids at 14 and lived in Marion as an adult. She married Edward Dunn June 19 1937 in Marion who died March 23 1946. Surviving are sister Mary Klink and brother Wesley Krall. Services Thursday 1 30 p m at Murdoch chapel with Rev Jean P Hayter. Burial Cedar Memorial. Friends may call after 11 a m Wednesday.
A newly organized group of Iowans purchased The National Soft Water Co. of Minneapolis and moved its headquarters to Iowa City. Jack F. Shabel of Iowa will serve as president and GM, with Richard Thompson directing research. Officers include Reginald Figge, James R. Wallace, and William P. Ellwood, all from Iowa. The firm will occupy the Kelly Farm Equipment building and begin remodeling for home offices and production. A funeral notice follows with details of a service at Passmore funeral home.
The Cedar Rapids Gazette notes a dinner at 6 30 p m with dining at 7 30 p m on Tuesday June 19 1962. The organizing committee includes Mrs Jack Gill Mrs Rita Urbanek Albert Van Fossen Gene Dunn Mrs Warren Read and Barbara Fitzgerald. Reservations may be made with Miss Fitzgerald by Thursday. Seventy reservations have been made to date.
Nominations were made Monday evening for officers of Marion post 298 American Legion. Nominees include Commander William L. Jackson and James Kosar, first vice commander Gerald Ackley, second vice commander Orville Collins, adjutant H. R. Livingston, chaplains Calvin Moore and A A Hansen, finance officers Robert Mann and Ray Lake, historian W C Young, sergeant at arms Byron Miller, and an three-member executive committee John Schiotterback Ed McNulty Ray Bonebrake Howard Danford Richard Maske. Election is set for July 16.
The Green Engineering Co. of Cedar Rapids won a contract from the state civil defense headquarters Des Moines and the Rock Island district to conduct phase two of the national fallout shelter survey in 20 Northeast Iowa counties. Phase two will intensively survey buildings identified as shelters in phase one.
Russell R. Hatch 83 longtime Central City area farmer will have services Thursday in Central City. Hatch guided local agriculture for decades and supported community farming efforts across the region. He is survived by relatives and friends in the Central City area.
Two Iowa Coe College coeds and three others said they were held nearly 20 hours by authorities after a meeting at a Negro church. They described questioning about relationships with African Americans and alleged mistreatment as they prepared to file a complaint with the U.S. Civil Rights Commission.
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