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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 01, 1964
Page
2
Financial and market news report a fairly solid recovery in late Friday trading with about 5.7 million shares passing hands, similar to Thursday. Stock movers show small to moderate gains across key issues, with several names listed under various sectors edging higher while a few decline.
Washington AP reports Edward A. McDermott director of the office of emergency planning plans to resign soon and return to his Dubuque law practice. He says he cannot afford to stay in Washington and may leave after June school closings. McDermott, who oversees disaster relief and defense mobilization, just returned from Alaska and has long been linked to prior presidential wishes to step down.
Chicago AP cattle and hog market report shows hogs active Friday but prices steady to 25 cents lower with hogs at 15.25. Slaughter steers steady to 25 lower amid slow trade. cattle 4,500, prime slaughter steers 22.25, 21.25-22.00 for 1100-1350 lb, heifers 20.60-20.75, cows 14.00-15.50, bulls 17.50-19.00. Sheep light with slaughter lambs 90-110 lb around 21.00-23.00 and wooled lambs 21.00-23.00.
Des Moines reports shows steady hog market with estimated receipts around 40 000, later actuals 35 000 and prior year 49 000. Quotes list U S 1 3 and 1 2 butchers and sows by weight bands from 200 to 500 pounds with prices between 10 00 and 14 00 per hundredweight.
UPI reports steady hog prices in Waterloo. No. 2 butchers priced by live weight ranges from 160 pounds to 300 pounds, with values from 10.00 to 13.50 dollars per hundredweight. Sows priced from 270 to 550 pounds, ranging 9.85 to 12.60 dollars per hundredweight.
AP reports USDA trading notes that demand remains light with too few cattle to test prices. About 11 loads of slaughter steers cleared at steady bids including four loads with high choice to prime quality 1,143 to 1,300 pounds, steer prices around 20.25.
Friday prices on the Cedar Rapids hog market were steady. Thursday prices ranged from 13.75 to 14.00 while packing sows at 300 lb moved 12.50 to 13.00. Adjusted by weight and grade, butchers and packers see reductions across weight groups. No. 2 corn at 1.18, soybeans 2.38, oats milling 65c, eggs varied with sizes.
Paul Jerebek Jr of Cedar Rapids was elected Friday as president of the Iowa Wholesale Beer Distributors Assn. Other officers named include E L Poe of Waterloo as vice president Charles Burk of Marshalltown as treasurer and Kirby Lawkis of Mason City as secretary.
Chicago AP reports grain prices mixed with activity picking up for weekend. Wheat closes from 2.36 lower to 1 higher. soybeans down 4 to up 4. corn up to 4 lower. oats 4-4 higher. rye steady to 24% lower. Cash grain prices listed for No 2 and No 1 yellow soybeans and oats. Omaha livestock cattle steady with most choice slaughter steers and high good and choice heifers noted.
Chicago AP reports steady wholesale prices for butter and eggs with mixed grade A whites at 29 and various categories. Potatoes show arrivals 63 and on track 188, U S shipments 483. Idaho russets old-carlot 5.60 5.75, Florida and Texas round reds 3.45 3.00 3.25 and 3.25 for LCL track sales.
AP reports egg market demand fair to good with varying grades and weights. Standards quoted at 29 1 2 to 30 2 3, whites listed by weight and grade. Butter market described as ample with demand fair and prices unchanged.
Eleven Eastern Iowa men join the Navy in general career fields and depart for recruit training at San Diego. Names include Thomas L. Cairy, 20, Iowa City, and John E. Christian sen, Jr., 18, Durant, among others. One man enlisted in February under delayed active duty reports to the Marine Corps recruit depot in San Diego. Also noted are home leaves for Airman Apprentice William R. Burgess and Kenneth James returning to San Diego naval base after leave and Guam service, plus updates on Pvt. Willard Steen and missile launcher crewman school completion at Fort Winfield Scott.
Cedar Rapids will shift parcel post delivery to five days a week for foot and loop carrier routes starting Monday May 9. In-loop residential Saturday delivery ends, with Tuesday or Wednesday cuts on other routes, while 66 of 72 foot carrier routes see no change. Main post office hours shrink to 7:30 am to 5 pm. Saturday hours 8:30 am to noon with no money order or postal savings service. Contracts stay unchanged.
A Cedar Rapids man and a Martello man were injured Thursday night in a two car collision at C avenue and Forty first street NE at 8 35. Edward A. Jerden 35 of 915 Thirty seventh street NE was hospitalized overnight at Mercy and released Friday. He suffered scalp and facial lacerations when he was thrown from his car. Seward A. Lerch 24 of route one Martello was treated for head and knee injuries at Mercy and released. Lerch was charged with failing to have his car under control.
Joseph F. Hladky Jr president of The Cedar Rapids Gazette will join a two week seminar on newspaper production methods at the American Press Institute and Columbia University starting Monday. Twenty seven executives from nineteen states and Canada will attend, with sessions on total systems computers hot metal photocomposition presses and color offset design and quality. Field trips will visit IBM Research Center Yorktown Heights and Publishers Laboratory Easton.
The Cedar Rapids board of review will hold its first meeting of 1964 on May 12 at 2 p.m. in the city assessor W. W. Kulish's office to consider petitions for property revaluation. Members are J. Tom Hoegen, Jeo Peiffer, B. J. Bjornsen, and L. P. Boudreaux.
A spokesman for protestors at Niles Township East high school says the work slowdown ends after student Joel Wolf withdraws. The school board had refused to expel Wolf despite disciplinary infractions, instead voting to ban him from classes but allow graduation in June with private tutoring.
In Lansing, Gov. George Romney escaped unharmed as a man named Charles English entered Romney’s inner office with a loaded revolver and a knife. Trooper Kennedy subdued and arrested the intruder, who claimed to be an FBI agent and professed constitutional rights while citing a bid for presidentship. English, a Miami area Republican activist, previously ran for the Florida Senate in 1963.
T James Bell of Iowa Illinois Gas and Electric Co was elected chairman of the firms Quarter Century club at a Roosevelt hotel meeting. E C Mittvalsky was named vice chairman and James Colbert secretary. Elvic Peterson received special recognition for 49 years of service and retired. The club includes 25 year plus active and retired members totaling 25 regular and seven retired.
Cardinal Wyszynski of Poland arrived in Vienna on Friday to discuss the Roman Catholic church situation in Eastern Europe with church officials.
Police report a break in at the First Methodist church on Eighth Avenue and Twelfth Street. Thieves gained access by breaking a hole in the glass door under the front steps and fled with cash from the building. Custodian Charles Joss reported the incident at 4:52 a.m. Friday.
The Rock Island railroad postponed a special shareholder meeting on the proposed merger with Union Pacific from June 12 to July 17. President R. Ellis Johnson cited negotiations toward reevaluating the Union Pacific Rock Island relationship and general railroad market changes as the cause.
Bethlehem Steel Corp the nation's No 2 steel producer reports January March earnings of 28 504 663 almost 50 percent higher than a year ago yet well below the first quarter of 1962.
Des Moines resident Ver non Riley aged 36 died in hospital Friday about an hour after a two car crash at a street intersection. The incident occurred in Des Moines and authorities investigated the collision.
The Final Report by Referee Gerard J. Glaza in the matter of MARY M BENESH et al vs MAX GOODMAN et al will be heard in the District Court of Iowa in Linn County Cedar Rapids at 10:00 a.m. on May 8. Interested parties may appear to file objections and show cause why the report should be approved. Transfers to the public notice file at 201 Granby Cedar Rapids.
Cedar Rapids City Council on April 29 1964 finalizes Ordinance 34-64 to rezone Lot 2 of the Lion of Section 1983-7 Linn County from R-1 to R-2 Single Family District. Condition calls for 40 foot street right of way along Avenue NW and owners to sign to bind successors. Ordinance takes effect after passage and publication with publication costs borne by the clerk.
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