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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 11, 1969
Page
63
The market ended the day with gains but down from intraday highs as volume reached 9.87 million shares. Brokers noted institutions returning to buying selectively, citing relief over steady credit and no franc devaluation. Separate reports show hogs and cattle prices easing slightly in Chicago, with livestock markets and Dow Jones averages reflecting cautious activity.
C R Markets lists Leghorn and Hyline chickens at 3 cents, Queensland cocks at 3 cents, heavy breed hens at 4 cents. Grain prices show No 2 yellow corn at 1.06 per unit and No 2 yellow soybeans at 2.50, 38 pounds of oats at 6 1 2 cents. Delivered prices noted with latee and Amerium checks amidst delivery terms.
Chicago watchers report mixed grain actions with wheat down near a cent yet off lows, corn easing while oats and soybeans hold. Cash grain prices list No. 2 hard red winter wheat, No. 2 yellow corn, and soybeans with modest shifts. produce prices show steady russet Burbanks and firm Round Reds amid moderate rail and track supplies.
Sioux City and Omaha livestock markets show varied results with steers and heifers trading steady to higher, high choice and prime weights reaching upper 28s to lower 29s per hundredweight. Auctions note strong demand for feeder cattle and calves and provide price ranges across hogs, hog feeder pigs, and stock cows amid active trade.
A total of 158 students from 42 foreign countries enrolled at Texas Tech for the 1968 69 school year.
Cedar Rapids attorneys say Joseph Abodeely could receive a fair trial in Linn County on a charge of attempting to produce an abortion. Defense seeks change of venue citing pretrial publicity and impartial jury concerns. A March 20 hearing and March 24 trial are scheduled. Abodeely is a Cedar Rapids businessman accused of aiding an abortionist.
Iowa unemployment climbed from 2.2 percent in December to 3.1 percent in January, the Iowa Employment Security Commission reported. Unemployed residents rose by 10,300 to 36,000, while the workforce fell 19,300 to 167,400. Manufacturing shed 2,500 jobs, nonmanufacturing 17,000, with severe weather and holiday season end reducing construction by 25,600 and trade by 8,800. Average manufacturing pay held at 135.59 weekly. hours dropped to 40.3 per week.
A Punjab State Assembly member notes approval was given 54 years ago for a rural road and only route surveying has occurred. Public Works Minister Narinder Singh says construction planned within five years if funds are available.
The northwest region of the United States leads in hop production with vines producing aromatic flowers. Dried hop blossoms from female plants aid beer brewing, and when blended with European hops, contribute to the drink's distinctive aroma and flavor.
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