Stock Market Off Slightly On Friday Trading
New York closed with a small loss as weekly trading was light. Key averages slipped by less than a point amid more declines than advances on the NYSE with total volume around 7.4 million shares.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 09, 1968
Page
16
New York closed with a small loss as weekly trading was light. Key averages slipped by less than a point amid more declines than advances on the NYSE with total volume around 7.4 million shares.
Des Moines AP USDA report shows steer beef steady to higher with good demand, cow beef strong, pork prices mixed with lards and picnics up to 50 cents, bellies and skinned hams higher, specific weights and prices listed for various cuts across cattle and pork products.
Federal State Market News Service notes three Iowa auctions on March 7 with live cattle and hog prices. Slaughter cows 25 cents higher, feeder steers up to 1.00, feeder heifers steady to 50 cents higher. steer calves steady, heifer calves higher. Feeder cattle demand strong with steady to higher calves and mixed lots. Prices include feeder steers 550-660 pounds 27.25 to 28.85, feeders 575-940 pounds 25.25 to 27.75, steer calves 300-500 pounds 29.25 to 33.00, heifer calves up to 29.75, stock cows 193 to 302.50 per head, hogs around 19 to 20 dollars per hundredweight with limited trend evidence.
Wartburg college coeds Linda Rompot 19 of Lisbon and Susan Kofron 18 of Janesville were listed in fairly good condition at a hospital after a one car crash ten miles south of here. The vehicle left the road struck a telephone pole with downed wires and an oncoming semi lost control and ended in a field.
On Saturday at the Cedar Rapids bog market prices held steady. Friday’s figures show butchers 200 to 230 lb cattle at 18.75 to 19.15, sows 300 lb and under at 16.75 to 17.00, with weight based discounts. Eggs and oats also cited, with sheep values listed for various weights and grades.
Heavy fog led to two accidents on Highway 20 Friday near Independence. A Whey loaded Unthan Truck tipped in the west ditch 3 miles from town injuring no one reported. driver Thomas Tilchman 47 Eagle Grove blamed limited visibility for pulling onto the shoulder. A second single vehicle crash occurred 2 miles east when Paul Paisley 20 Independence swerved to avoid an obstacle, his car hitting a ditch and a telephone pole. Paisley was listed in fairly good condition at Independence hospital.
Iowa selective service director Col. Glenn Bowles says antiwar demonstrations did not influence draft decisions. He noted Hershey's October 26 1967 letter was advisory and not a directive, and no cases were submitted for review by Iowa boards. A federal judge ruled the letter was advisory only.
A county grand jury investigating the unearthing of three skeletons at Cummins prison farm criticized former state prison superintendent Thomas C. Morton as the target of a publicity stunt. The panel returned no indictments.
Soviet Defense Minister Grechko will visit Iraq and Syria in March 2030 on invitation from their defense ministers. The announcement was made Saturday.
Doris A. Cilek 33 of 500 Eleventh street Marion was found dead in her apartment shower prompting an autopsy. Neighbors reported water running into the basement and building owner Robert Keut Closer police entry found the body. Cilek a St Luke’s nurse, born Solon Aug twenty two 1934 leaves parents Bruce McCullough Lisbon grandmother Anna Slofer Solon sister Eugene Striegel Lisbon brother Frank Solon. Burial at Oakland Solon. Services Monday Brush chapel Cedar Rapids Rev A T Washington. Friends may call.
In Red Bluff California an overnight thief slipped into a Trappist monastery during Saturday mass of 50 monks and stole a prized cross prompting sheriff's deputies to search the area for the guilty party.
Congressmen Culver announced bids for larger Palo post office quarters to be housed in an existing building on Vinton Street. The interior will cover 864 sq ft with an 80 sq ft platform, plus parking. Lease of five years with renewals. bids open April 19 in St. Louis. Real estate officer F A Buchmeier listed.
Two Waterloo men died when their car struck a girder on the highway 18 bridge over Snag Creek at Cedar Falls. Monte Hall 20 believed driver and Donald Lee Mervin 19 died. Scott Olsson 20 of Cedar Falls injured. In Davenport Peter Genetive 21 of Marmaronek New York died from injuries after a March 1 crash.
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