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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 20, 1958
Page
18
Chicago market reports show butcher hogs weak to 50 cents lower, cattle receipts scarce but prices steady, hogs around 23 to 24.50 for various weights, calves and sheep prices listed, Des Moines receipts and cattle and sow prices also noted, grain quotations included.
New York stocks rose briskly late Friday as investors sought to recover Thursday's steep losses. Trading volume was about 2.5 million shares, with the market led by the Dow Jones industrials and other major averages showing gains amid broad participation by buyers.
USDA cattle receipts show 400 salable or calves none to form a market. Classes nominally steady with low choice fed steers at 27.25 per cwt for 1,160 lb. cattle, 921 lb. heifers at 24.50, a load standard 950-970 lb cows at 21.50 to 22.50, and low utility cows around 15.50.
C R Markets shows Cedar Rapids hog quotations for plant delivered good No 2 butchers and sows a quarter lower. No 1 high yield hogs priced up to 50 cents over, No 3 overfits up to 50 cents below.
A brief market rundown notes varied shipments and demand for produce and livestock. Arizona round reds sell around 4.16 per unit while Alabama round reds are lighter. Idaho russets and other items show steady demand with modest prices and limited changes.
The Family Automobile Policy insures the family car with simplified terms and broader coverage than older contracts. It is automatically in effect for most private car owners and includes many new coverages. Call today to confirm your family is covered.
The Tipton high school class of 1932 will hold its 25th reunion Saturday at a pm at the Tipton Country club with former classmates attending.
Myrna Ward of Rockford Iowa is appointed director of summer activities by the Tipton community summer recreation board. The program will run eight weeks.
Penice and Ford's price notes list corn derivatives and base values for tank cars. Readout appears fragmented but indicates market pricing terms and storage or transport identifiers for corn products.
Grain markets finished Friday with gains as wheat led with a four percent rise and corn, oats, rye and soybeans also moved up or held firm. Traders noted mill buying and light selling pressure with commercial interest on both sides and Northwestern brokers active in December corn.
The Order of Railway Conductors and Brakemen announced retirement plans for President R. O. Hughes and two vice presidents at its international convention in Miami Beach. Hughes and both VPs will retire August 1, with Cedar Rapids and Miami Beach officers attending events and speeches by local judges.
The United States agreed to a new 75 million dollar line of credit for the Philippines plus 50 million dollars for development loans, pending Congress action. President Garcia, visiting the White House, sought broader credits as Eisenhower cited defense ties and base questions to be resolved.
Tom H. Warren of Des Moines retires as service department manager after 26 years with Ford Motor. He pioneered training for prisoners at Fort Madison penitentiary and Anamosa reformatory and set up a garage at Eldora Training School for boys with surplus Ford equipment. He also assisted Missouri penal officials in Jefferson City.
U S District Judge Patrick Stone ruled that paper transactions of millions of pounds of surplus cheese in 1954 were illegal. Eight companies must repay 1.3 million dollars in windfall profits to the government. Firms sold cheese to the Commodity Credit Corporation before a price drop and bought it back soon after without moving the cheese.
The 99th annual Augustana Lutheran synod in Jamestown New York postponed action on merger reorganization proposals pending clarity from negotiations with the United Lutheran Church in America the American Evangelical Lutheran church and the Suomi Synod. Delegates were surprised by the delay as drafts had been considered in 1955 and 1956.
Earlville Business Men's club elects Charles Stimson president Herbert Tierschel vice president and Gerald Faust secretary in a recent meeting at Earlville.
CHARLOTTE N C AP RB H Hackney drove to his business as a swarm of bees settled on his car right front window. He says bees won't hurt you if you leave them be and continued driving for a day and a half until Lester Foster, a draftsman and amateur beekeeper, removed the bees with hood and bonnet. No stings occurred.
Bob Cox, 31 year old father of four from Chapel Hill North Carolina, was chosen national president of the U S Junior Chamber of Commerce on the 15th ballot. Clarence L Blasier of North Canton Ohio proposed unanimous approval of Cox amid a marathon session as delegates roared approval.
Three near identical slayings in 24 hours terrorize mountain villages in Catanzaro Italy with crude skull injuries. Police fear a mad killer may be at large while villagers suspect local feuds at work as bodies of Guido de Filippis Francesco Chiodo and Antonio Ciminio are found within miles and a stranger in sunglasses is seen.
Robert Manatt, 30, of 2041 Markert Blvd SE, was treated at St Luke's hospital Thursday night for wrist cuts. He reportedly cut himself on a dog food can and said he had overdosed on tranquilizer pills. Stitches were placed in both wrists.
Rep Porter of Oregon mocked U S policy toward dictator Rafael Trujillo proposing a four point response. He suggests first Eisenhower apologize and honor Trujillo, second court martial officers, third dispatch movie stars to appeal to Trujillo Jr., and fourth treat the issue as a joke. He rejects the first three items and backs the final option.
Employment in Cedar Rapids increased by 250 in May to 42 290, still 3 100 below May last year. Linn County gained about 730 workers from March to mid May while unemployment claims eased to 3 129 from 4 366 in April. New claims dropped to 269 in May. Job openings totaled 463 in May, up from 458 in April, with 546 openings recorded in May 1957.
The Iowa Executive Council approved a longevity pay scheme rewarding five year service intervals for state employees. No guarantee of near term raises exists as many departments report difficulty granting even the prior one step increase. The plan previously cleared for merit civil service staff and now awaits implementation details from the comptroller.
Justice Douglas refused to lift a ban on the crew of the ketch Golden Rule from sailing into the Eniwetok area to protest nuclear bomb tests. The injunction, issued May 1 by U S Judge Jon Wiig of Honolulu, remained in effect.
A $790.34 collection suit was filed Friday in Cedar Rapids federal district court against William and Marlys Arp near Toledo. The U S Government, for the Commodity Credit Corporation, claims totals on two promissory notes to Tama State Bank. The balance due includes $449.38 on a $1,663.11 note dated November 25, 1955, and $340.96 on a note dated November 21.
Graveside services for Gregory McNulty, seven month old son of Mr. and Mrs. David McNulty, will be Saturday at 2 p.m. at St. John's cemetery. Survived by one brother Jeffrey, the child’s body lies at Teahen's funeral home in Cedar Rapids.
In St Louis county Meacham Park residents clash with police after two youths are arrested on traffic charges. About 35 Negroes participate in a one hour riot, seven arrested. Patrolman Richard Seger reports being struck as he tried to subdue the youths and protect his patrol car. He is treated for cuts and bruises. Those arrested face charges of assaulting an officer inciting a riot and resisting arrest.
Czechoslovak authorities informed the U S embassy that M Sgt James E Cole a 34 year old American from Connellsville Pa is in custody. Cole disappeared June 10 while fishing with a relative of his Austrian born wife near the Austria Czechoslovak border. Authorities say Austrian police suspected he was seized by border guards.
C Joseph Zobin of 226 Second Street NW received a Master of Arts degree last Saturday at the University of Michigan commencement exercises.
Ad appears incomplete with fragmentary text and unclear details leaving the outcome and entities unreadable. The readable portion provides no definite event or identifiable organizations to summarize.
TIPTON services for Helen JR. Schriver 75 longtime resident will be Saturday at 2 p.m. at Sheets and Dahn funeral home with burial in Tipton Masonic cemetery. Born Feb 17, 1883 she taught country school and ran a rural mail route. She served as Cedar county recorder 1929 1943 and later worked at local banks and libraries before retiring to Arizona. Niece Mrs Ed Liercke of Tipton survives.
Robert Just, 44, a local businessman, was unable to start his disabled motor boat on the rain swollen Kankakee River and was swept over a dam. His body was recovered several hours later about a half mile downstream as witnesses watched from shore.
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