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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 05, 1956
Page
10
Hogs down about 25 cents while cattle and steers show mixed moves in Monday trading. Estimates peg salable livestock at 8 000 cattle 12 000 hogs and 2 000 sheep, with receipts at Des Moines and Chicago details showing top hogs around 12 50 and prime steers near 24 50.
Trade in fed steers and heifers was active with early steer sales up to 50 cents higher. Heifers steady. cows strong to 25 cents higher. bulls steady. Stockers and feeders steady. Loads and ranges listed include prime steer loads around 22.00 to 23.00, choice steers around 1500 pounds at 18.00, and various calf and utility prices across categories.
USDA cattle report from Omaha shows receipts of 15 500 cattle and 700 calves, with fed steers and heifers steady to firm and a rise of up to 50 cents. Cows steady to 25 cents higher, bulls and dealers steady, stocker and feeder classes about 25 percent, high choice and prime weights around 1 175 pounds.
Cedar Rapids hog market prices eased by 15 cents with meat hogs priced 10 to 40 cents per hundredweight higher or lower than the base quotations. The Cedar Rapids plant listed specific prices across hog weights from 180 to 300+ pounds, plus packers and other livestock categories, reflecting a broad market with mixed adjustments.
The New York stock market rose to new highs for a second straight session. Indices gained from one to five points while losses hovered near one. About 2.9 million shares changed hands with listed names including Kaiser, Dodge, Cessna, Menasco, and Dumont among others.
Grain prices moved irregularly in Chicago trading on Monday as soybeans weakened from early vegetable oil highs and exporters reported modest sales. Wheat steadied while corn and oats fluctuated with March futures around $2.20 for wheat and $1.29 for corn amid volatile soybean bids.
Chicago AP notes include no wheat price and mixed corn quotes with No. 1 yellow at 1.30-30. No. 4 corn at 1.234 with sample grade 1.22. Oats show No. 1 heavy at 66-67 cents and No. 3 white at 63-44 cents. Soybean oil listed as 14-a-5xnc and soybean meal at 48.00 dollars. Barley Rommel offered at choice 1.30-40 and feed grade.
Chicago market update shows steady live poultry with 16 trucks and USDA quotes for heavy hens, light hens, broilers, and turkeys. Cheese, butter, eggs, and potato shipments listed with price ranges, receipts, and track sales across various regional stocks and new stock arrivals.
Butter prices show little movement with creamery grades at 93 score A ASS 4-88 range and 92 score A at 58-58.5 cents. Eggs hold steady to firm with various sizes and colors listed. extras large 45-48 cents per dozen and standards around 39-40 cents.
Walter Doud of the Railroad Retirement Board reports a February drop in unemployment among 391 railroad workers in 29 northeast Iowa counties. Workers include clerks 21, train and enginemen 113, skilled 21, helpers 16, laborers 209, cooks 2, supervisors 9. most laborers unemployed seasonally.
Veterans of the Korean and post-Korean conflict period have 120 days to file for the special five year term life insurance policies. The deadline can be extended to one year for service connected disabilities, with medical examination required. Nonparticipating permanent plans are available for disabled veterans.
Marengo Iowa representative Fred Voigtmann aged 67 was taken by ambulance to University Hospitals Iowa City Sunday evening. No report on his illness or condition was available from hospital authorities by Monday noon.
The army reports the capture of Paulino Viernes, a notorious Huk squadron commander responsible for the ambush that killed the wife and daughter of former President Quezon seven years ago.
President Syngman Rhee, 80, rejects his Liberal party’s nomination for a third term and hedges on the finality. He cites age and lack of precedent while urging the public to gauge opinion, prompting party officials to seek a confirmation from him.
Federal court in Cedar Rapids set a jury trial for Keith Stinson on conspiracy to violate interstate transportation of securities in the case tied to a $108000 swindle of Grace Potter Miller Ackley widow. Dewey has been sentenced in related charges. Stinson also faces a state conspiracy count.
Link-Belt Company, Chicago, announced 1955 sales of 129.45 million dollars, the second highest in its 81 year history, up 16 percent from 1954 and behind 1953’s 129.79 million. Net income reached 7.60 million dollars, 4.45 dollars per share, up 40 percent from 1954.
Dale Chase of Fayette announces his candidacy for Fayette County sheriff as a Democrat. He is the third contender, joining incumbent Republican Fred House and Republican Lawrence Naylor the Hawkeye farmer.
The Rev. J Edgar Park president emeritus of Wheaton College and father of two college presidents died Sunday at age 76 in Cambridge Massachusetts.
Obituary reports Taston Herman Falcon 78 of 1369 Eleventh street Marion died at 12 55 p m in a Cedar Rapids hospital born December 1 1877 on a farm near Waubeek son of William and Gertrude Falcon a life long Linn county resident he married Cora Balderston in Central City in 1900. Memorial services are set for Wednesday in Murdoch chapel. Burial at Jordan s Grove cemetery. Also noted are plane crash advisory for Lt Taylor and Mrs Lala in Lynnwood Washington Golden wedding at Warsaw Missouri and multiple local social updates with transfers births illnesses and events.
Roberta Jean McNamee seven of Tama will have a new type of heart operation March 14 at Iowa Methodist hospital Des Moines. Doctors say she has a congenital heart defect a hole between ventricles and her heart works overtime. The Tama Legion post and auxiliary urged blood donors for type A positive blood and have raised a fund to help cover about 3000 in costs.
Civic Chorus rehearses at 7 p.m. Tuesday in Coe's Marshall hall. Ahepa Cedar Rapids No.194 meets 8 p.m. Tuesday at Hellenic Orthodox church hall. Junior Chamber of Commerce groups meet Tuesday and Thursday evenings at the Chamber of Commerce building. Trowel Chapter No.48 RAM holds regular meeting Tuesday 7:09 p.m. after work in the past master degree. Canopus club luncheon Tuesday noon at Montrose hotel features Cedar Rapids parks commissioner Don Gardner as speaker. Kiwanis noon talk by Dr. Hyman Appleman Wednesday at Roosevelt hotel. Jacket theft reported. Vaughn Witherell, 1325 G Ave NE, says jacket taken from Alibi tavern Friday night or early Saturday. Two Cedar Rapids optometrists named subcommittee chairs for Iowa Optometric Association. Elton H. Brooks named Connecticut General district manager in Fort Wayne Indiana. Arthur study group meets 1:15 p.m. Wednesday at Mrs. Paul Stephen home. topic Counsel on Careers. hostesses named.
Two speakers are scheduled for Thursday evening's dinner meeting of the Foreign Trade bureau of the Chamber of Commerce. David Gibson of Time International will discuss History and Development of International Advertising with color slides. Louis A. Schwartz of the New Orleans Traffic and Transportation bureau will speak on Whats New in New Orleans. Reservations to 4-5135.
Spring unofficially arrives as Lock 19 opens and the Santana and Stanolin pass through early. A Coast Guard cutter and an icebreaker are to arrive later, though no ice is reported in the Keokuk area.
Dr. Bruce A. Rogers senior metallurgist at the Institute for Atomic Research at Iowa State College will speak to the Cedar Rapids chapter of the American Society of Tool Engineers Thursday night on Atomic Energy and the Tool Engineer after a 6 30 dinner at the Montrose hotel. He will discuss manufacturing applications through atomic research noting his 1916 ISU degree and 1920 Chicago MS and 1933 Harvard PhD. He has held his present position six years.
An Associated Press survey of Iowa GOP leaders shows broad support for renominating Vice President Nixon alongside Eisenhower. Some leaders praise Nixon as a valuable public servant while dissenters note potential party liability. Governor Hoegh seeks public opinion before deciding.
London reports Britain's colonial secretary Alan Lennox-Boyd proposed a wide measure of self-rule for Cyprus while retaining foreign affairs and defense. He aims for a final solution satisfying Cypriots and allies, though Archbishop Makarios and Turkish minority oppose terms amid talks in Nicosia.
Federal marshals take Henry Winston from the federal courthouse as the last bail jumping Communist leader surrenders in New York. A large party demonstra tion from supporters prompted heavy police presence including twelve deputy marshals, six state policemen, a dozen city officers, and two prowlers to keep followers away.
Harold Moore 51 former Central City and Cedar Rapids resident died Saturday in Madison Wisconsin. He was an electrician. Survived by mother Edith Moore and son Richard both of Central City two brothers Vernon Indian Rock Florida and Ray Moore Kansas City Missouri. Funeral arrangements with Passmore Funeral Home where friends may call.
Elmer Bowns, 41, of 2228 Bowling Street SW, suffered a minor head wound when he shot himself with a .22 caliber pistol Sunday. He placed the gun to his head and pulled the trigger, with Mrs. Bowns and the couple’s niece present. He received one stitch at St. Luke's Hospital and was released.
Wallace Loft of Cedar Rapids chairman of the Hawkeye Area Council announces new kickoff dates for the Boy Scout circus ticket sales. The dates are March 14 in the Wapsi Kita district March 21 in the See Are district and March 29 in the Beniolin district with a Monday kickoff in the Wauhawk district.
Airman 2c Sheryl O. Sokolik, 23, of Aplington Iowa, convicted of second degree murder for killing rival William Brickett 20, over Lois Robey forestville Maryland. He claimed it accidental while preventing a romance. sentencing deferred. maximum 28 years. Mother Virginia Sokolik testified.
Johnson County Ready-Mix plant in Coralville faced a picket line Monday morning as trucking operations halted. Owner Wilbert Frantz said all drivers are union men but he rejected a solid signed contract and would not move any trucks until the dispute is settled. Frantz also runs Frantz Construction Company in Iowa City. he said the construction firm is not involved.
Cedar Rapids police investigate a Sunday night break in at Taylor School where a rear door was forced. The janitor found the incident Monday. About $20 in Red Cross donations turned in by students was missing.
A resident in the 800 block on Vernal Street NW saw a mattress and bedding burning in the street at 7:30 a.m. Sunday. Firefighters quickly put out the flames. No owner or origin is known.
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