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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 12, 1968
Page
20
In a fairly active session in New York, stocks pared losses late Tuesday as gold mining shares stayed higher. Occidental Petroleum remained a volume leader as bullion demand revived in gold mining stocks and broad market gains lagged.
The nation's unemployment rate edged up in February to 3.7 percent, the Labor Department reported. It matches December and February 1967 rates after a drop to 3.5 percent in January, following a 15-year low in January.
Federal State Market News reports cattle and hogs at Iowa auctions with steers and heifers showing mixed gains while cows pull steady. Feeder classes vary by weight, with calves and stock cows quoted and hogs limited by market test, lambs and ewes also noted in modest activity.
C R Markets report Cedar Rapids hog prices steady to 25 cents lower with butchers 200 to 230 pounds at 18.50 to 19.00 and packing sows under 300 pounds 16.75 to 17.00. Cattle prices list prime to utility cows and yearlings, with various discounts for heavier weights. Also covers poultry grain eggs and sheep futures with regional prices and delivered terms. The item closes noting Chair City Cardner Massachusetts as an AP item.
v Ex dividend and sales in full x dis Ex distribution xv Ex rights xw Without warrants ww With warrants wd When disputed wi When issued nd Next day delivery vi In bankruptcy or receivership or being reorganized under the Bankruptcy Act or securities assumed by such companies the Foreign Issue subject to interest equalization tax
Chicago USDA estimates show arrival receipts of 6 000 cattle and 4 000 hogs for Wednesday. Hogs sold steady to 25 cents lower, with butchers at 19.75 to 20.25 for 195 to 240 pounds and 18.50 to 19.00 for 260 to 270 pounds. Cattle and sheep markets varied with steady slaughter steers and insufficient sheep for a true test. Des Moines trade described as fairly active with generally steady butchers and sows. weekly receipts tallied and price ranges listed for 1-3 and 2-3 weight classes.
Chicago AP reports grain prices rose Tuesday due to deep snow increasing feed demand and faster gold buying in international markets. Wheat closed up 0.05, corn 0.25 to 0.30, oats 0.40, rye steady to 0.02, and soybeans up 0.43 to 0.54 per bushel.
Chicago wheat and corn prices listed with bids for No 2 hard and No 2 yellow corn. Omaha cattle and calves numbers given with price ranges for steers heifers and cows, noting steady to strong demand and high choice levels for various weights.
UPI reports Sioux City cattle market opening steady with slow trade. Slaughter steers 1000 to 1275 pounds bring 26.25 per cwt, slaughter heifers 900 to 1075 pounds bring 25.25 to 26.25 per cwt, calves none.
Wholesale poultry prices show no change with roasters 25-27 cents and special fed White Rock fryers 20-22. Butter steady with several grade and score listings. Eggs steadied with minor increases on some whites and grades. Potatoes arriving 30 with total U.S. shipments at 299. Idaho and Red River Valley prices noted. Florida round reds 50 lb sacks at 2.25.
Wholesale egg offerings in New York are fully adequate with demand fair on Tuesday. Prices vary by grade with extra fancy large at 32 to 34 and fancy medium at 29 to 30 cent range. butter offerings are ample with creamery quotes around 67 to 67 4 cents for various scores.
Mrs. Don J. Suma reported two cars stolen from 109 Second Street SE Cedar Rapids between 9 and 10 am Tuesday. An all points bulletin was ready when the Iowa highway patrol stopped a 15 year old Cedar Rapids boy driving what was believed to be the stolen car at the junction of highways 158 and 218. The youth was held for larceny of a motor vehicle, then released to parents. The car was returned to Mrs. Suma prior to the report.
Five defectors who sought asylum in Sweden have returned to their units in Europe. Ray Jones, 21, Detroit, became the first to return to his West German unit with help from the U S embassy after arriving in January 1967. Two other defectors in West Germany also turned themselves in for assistance to return home.
About two thousand leftist students march on the University of Rome after its reopening, occupying the architecture, law, and physics faculties as police withdraw. Demonstrators call for administration voices and better facilities, with protests spreading to Milan and other cities.
Screen star Maureen O Hara and Charles Blair were married in Charlotte Amalie on Tuesday. Blair heads Antilles Air Boats and is a senior Pan American World Airways pilot and a brigadier general in the air force reserve. This was O Hara's second marriage following a 11 year first marriage to director Will Price.
A reflective remark by Dr. Martin Luther King notes that when a nation fixates on guns its response to poverty falters, not improving lives or policy. The quote links gun culture to neglect of social welfare and calls for principled action.
Prison officials reported two stab wounds as 178 inmates were moved to cells after a weekend riot at the Oregon State Penitentiary. Delmar Wayne Dubray and Melvin Newell were treated. Myron Ballain remained in very serious condition in a Portland hospital.
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