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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 07, 1961
Page
8
Chicago market reports show hog receipts for Wednesday at 7 000 with prices steady to 25 cents lower amid restricted weights. Cattle and calves steady to mixed with steers and heifers varying by weight and quality. Des Moines receipts estimated at 80 000 hogs with mostly steady to 25 cent declines across weight classes.
UPT stock report shows 6,000 cattle receipts with calves at 25 and slaughter steers and heifers moderately active. High choice and prime steers around 1,775 lb, top at 26.75 per hundredweight. Majority choice steers 300 lb and under 2450 925.50 units. Good and choice heifers sold 21.50 to 25.26, most around 24.00 to 25.00.
Hog prices Tuesday were steady to ten cents lower with butchers 200-230 lb at 17.25 to 18.00 and sows 16.25 to 17.10. Heavier hogs dropped 20 cents per 10 lb band up to 330, and packers 25 to 50 cents lower per weight group up to 550. Egg quotes covered multiple grades with limited movement, while grain figures appeared erratic across corn, oats, and rye.
AP notes steady wholesale prices for eggs and poultry with minor shifts in potatoes. Russets quoted around 4.25 to 4.60 per cwt while red river reds run 8.40 to 3.70. carrots and other items show limited demand and moderate supply.
Light to ample demand with spotty activity on small fruits and vegetables. Large commodities show ample supplies. mediums steady. greens and herbs described as fair with varied pricing. Prices and specific items are unclear due to garbled OCR but indicate general market tension.
New York reports stocks dropping sharply as investors take profits in heavy trading. Turnover around 5.5 million shares with many key issues down fractions to about two points and some declines near three points.
R. A. Boesenberg named manager ofSwift & Co. sales unit in Cedar Rapids. He succeeds J. K. Kelly, transferred to Forest Park Illinois. Boesenberg joined Swift in 1955 in Chicago, served in the military, then held roles in Chicago sales and central district office.
Moderate but steady selling kept grains on the downside in Chicago trading. Soybeans, wheat, corn and oats all fell while rye moved mixed. Cash market notes indicate no sales of wheat, oats or soybeans as bids for various yellow corn grades and bean oil trade appeared. Hogs and cattle prices in Waterloo and Sioux City showed varied moves with midrange loads and calf receipts noted.
Younkers of Des Moines announced the purchase of Kilpatrick’s Department Store in Omaha, to be operated as a wholly owned subsidiary. Kilpatrick’s Daniel W. Campbell and Younkers executives Mercy Sostrin and J. F. Rosenfield led the deal. Stanley Krum will be Kilpatrick’s general manager, with no change in Omaha operations.
A five hour Marion city council session addressed sewer work in Thomas E. McGowan's addition, runoff issues, and a partial approval after a compromise on Northview drive. The meeting also set March 13 for alternate‑day parking enforcement, proposed 48 hour tow rules, and heard a 1960 police and fire report alongside gas rate filing.
Raymond J. Gallagher 67 of 1790 Eighth Ave died Sunday at a Cedar Rapids hospital. Born January 13 1894 in Avoca Wisconsin he married Nelle Ryan November 6 1920 in Richland Center Wisconsin. He was a salesman for Franklin Equipment Co and a World War I veteran. He belonged to St. Joseph's Church Rosary Society K C Marion Post 298 American Legion and more. Graveside services at Mt Calvary cemetery with Marion American Legion post 298. Sol emn Mass in St Joseph's Church. He is survived by wife three sons a daughter 11 grandchildren and two brothers.
The 1961 paving program includes Fifteenth streets from Main to Oak and Eleventh avenue from Twenty-fifth to Twenty-sixth streets. A class B beer permit for 1101 club and a class C permit for Farm Market were renewed. A resolution transfers 5,000 from liquor profits to the library building fund.
Leo Greazil entered Mercy hospital Monday for observation and treatment, remaining under medical care to assess health and provide necessary treatment as doctors monitor his condition.
The Rev. Paul Unruh of Waterloo will present Magic with a Message at the Voice of Christian Youth rally in the community building Saturday at 7 30 p m. Special to The Gazette. Hawkeye Most of the employees of the Darling Rendering Co have met with union representative Melvin Jensen. no action was taken.
In hospital Mrs. Thomas E. Jones of 912 Eighth Ave SW is a patient at St Luke’s hospital. Returns Mrs. Frank J. Pospishil of 198 Seventeenth Ave SW has returned home from St Luke’s hospital after surgery. Radio theft Carl Kimball of Robins reported the theft of a transistor radio valued at 40 dollars from a glove compartment. Clothing theft Bad a R Lee of 501 F ave NW reported 9 dresses a spring coat and a jacket stolen from a home closet. Damage Fred Feller postal employee said a windshield and door window were broken in a postal truck and the rear view mirror ripped off. On Dean’s List Robert D Drexler and Dean A Paxson were named to Amherst College’s dean’s list for the fall semester.
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