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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 02, 1955
Page
6
Chicago and Des Moines livestock markets show hogs mostly 25 cents lower with slow demand. Cattle receipts around 12 000, steers and yearlings mixed to higher, cows and bulls softer, top steer prices near $31.50 to $34.00, hogs mainly $15.75 to $16.25 per hundredweight, lambs and sheep trading modestly higher for some lots.
C R Markets Poultry reports fryer prices 1.06 per pound under 6 pounds and 1.10 over 6 pounds. Current egg receipts 34 cents, pullet eggs 18 cents. Grain: No 2 yellow corn 1.31, new crop soybeans 2.53. Straw priced 12 to 14 dollars, wool values 4 to 4.5 cents. Field grass seed delivered Chicago per 100 lbs. alfalfa prices quoted. Sioux City livestock: receipts 4,300 cattle, calves none. Slaughter steers and heifers largely steady. choice steers 22.50 to 25.00, good 18.00 to 22.00. Good and choice heifers 39 to 41, around 950 lbs.
New York traders drove the stock market to a fresh all time high as rail shares led gains. Railroads rose one to two points while other issues climbed beyond that level with small losses. Estimated volume reached 3,200,000 shares.
Chicago produce receipts show butter 828 pounds steady at various scores. Eggs at 9,833 cases up to 1 percent. Live poultry steady to higher with fryers and capons priced. Potatoes arrivals total 760 shipments with old stock light demand and new stock supplies moderate. Idaho Russets and Colorado Red McClures listed. Florida round reds priced at 2.60.
New York Produce reports butter barely steady with receipts at 536,737 and prices unchanged. Eggs show firmness with mixed color ranges and varying extras, large, and standard categories listed among current receipts and dirties. details note 43444c to 45% revenue figures for various lots.
Chicago grain futures opened higher on a small shipment via barge but closed with wheat down and rye dropping. Corn and soybeans showed early gains before retreating, oats and barley posted modest moves, while lard slumped.
Cattle receipts reach 8,000 with calves around 100. Fed steers show firmness up to 25 cents, high choice prices from 26.75 to 28.50, choice 23.00 to 25.50, and calves 21.00 to 23.00 as per an Omaha market summary.
Penick and Ford, a grain processing firm based in New York, reports 1954 net income of 3,299,763 up from 2,169,584 in 1953. Earnings per share rose to 4.47 from 2.94, while 1954 net sales reached 48,540,105 versus 46,802,238 in 1953.
Gov. Hoegh said he will summon the Iowa House and Senate road committees on their return to Des Moines to press for speeding Iowa’s road program. He spoke after meetings in Des Moines with the governors highway committee executive group and Iowa’s congressional delegation.
The Cedar Rapids Chamber of Commerce Traffic Bureau reports February refunds totaling 682.09 for member firms. It also saved 983.62 by reducing freight charges before payment and fielded 787 inquiries. The bureau audited 3,315 freight bills and filed 153 overcharge claims totaling 1,260.70.
The statement notes a continuous rise in the U.S. population starting from 1878 and continuing in every subsequent year, reflecting long term demographic expansion across the nation.
Mr. Edison attended a druggists convention as DeMets chocolate Turtles are tied to his name in an advertisement. Kay Tucker of 800 Seventeenth Avenue is confined at home with influenza.
Marion Mayor Elmer M. Seevell announces a request to extend his leave of absence by 60 days to May 9, citing uncertain hospital release by March 9. He asks council to reappoint Co. R. Kisinger as acting mayor. Other items note honor roll lists, community notices, club events, and residents' travel.
An attempted safe burglary at Ames High School halted voting at two precincts delaying a 390000 dollar bond issue for three school additions. The Ames Junior High safe was also broken into with details unclear. A locksmith was set to open the high school safe so polls could reopen at 1 p.m.
A week long parade showcases kid friendly items from music books with a built in record to a washable cover, to a birthday card with a xylophone and a bicycle with a built in radio. Vendors include John C. Winston Company Philadelphia Barker Greeting Card Cincinnati Huffman Dayton House of Ideas Racine Minnesota Mining St Paul Ev R Shield Joppa Stadri Whitestone.
Young French pianist Philippe Entremont joins the Cedar Rapids Symphony Monday at 8 15 p m in Coe Auditorium for the fourth subscription concert of the season. He performs Liszt Concerto No 1 in E flat with Sibelius Symphony No 2 in D major on the program. Faure Pelias and Melisande Suite and Mendelssohn Fingal's Cave complete the concert. Ticket reservations through 4 1511 extension.
Recruiters in Cedar Rapids report two 17 year old men, Daniel R. Null of 391 Twelfth avenue SW and Donald D. Turner of 71 Allview drive SW, enlisted in the Air Force and were sent to Parks Air Force Base in California for basic training. A navy mobile X ray unit arrived in Cedar Rapids and will operate at Memorial Coliseum from Thursday through Tuesday to provide X rays for active duty naval personnel and civilian employees in the area.
In Cedar Rapids a bankruptcy dispute over wage assignments in the Ernest L. Holladay case was settled with 200 percent of Holladay’s pay withheld pending settlement. Fannie Viet of Stout was restored to citizenship after losing it through marriage to a Dutch citizen. Judge Henry N. Graven held a pre trial conference in Irma Bachman’s $22 000 damage suit against One Time Transfer Company of Nebraska and its driver.
Iowa City talk by physicist-priest William G. Pollard argues that human power is limited in a vast universe not of our making. He rejects the idea of controlling history or achieving total mastery, warning the illusion fuels risk from atomic weapons and war. East Iowa clergy attendees include A. J. Stokes, Keith Taber, and others from Iowa City and nearby towns.
The Cedar Rapids area hosts multiple upcoming meetings and events including the Safety Committee and Membership Committee of the Cedar Rapids Junior Chamber of Commerce meeting in the Chamber building. Local clubs plan talks by Warden Ray Purcell and Buzz Hassett of WMT, with several other group activities scheduled at the YMCA and Roosevelt hotel. A new 2 percent butterfat deluxe skim milk product debuts, Wegner elected Iowa Engineering Society president-elect, and a land grant commemorative stamp goes on sale at the post office.
The 93rd Bomb Wing at Castle AFB California will be the first to receive jet powered B 52 Stratofortress bombers by late spring. The B 52s will replace the B 36s across 11 wings as production continues at Boeing Seattle and Wichita. The bomber carries a six man crew and may take a year to become fully trained for combat.
A spectacular blaze Tuesday night damaged the four story Davenport building housing Mc Clelland Company millwork. Loss estimates ranged from 50000 to 100000 with most damage on the east end upper floor. Firemen battled the stubborn blaze as transformers exploded nearby and one firefighter, Robert Crews, was hospitalized for smoke inhalation.
The seven year old daughter of Mr and Mrs Don Collins suffered minor scratches after being struck by a car about 6 pm Tuesday. Police say Patrick A Frank drove the car that hit Keren as she crossed Sixteenth street NE at E avenue. She was treated and released from a hospital. Frank was charged with failing to yield to a pedestrian. He claimed his vision was obscured by another car.
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