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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 02, 1963
Page
25
Stocks closed higher with volume around 4.2 million, as blue chips rose about two or more points on investment buying. Auto makers plan near record monthly car output while April construction expenditures fell, dampening the otherwise positive tone.
Fragmentary figures and codes from a newspaper page show percentages and names such as Lone Star St, Natl Oats, Technicolor, Kaiser, Thermogas, Life Invest, and Mid Amer. The text appears as a table or ad column with numeric values and product brands, lacking coherent narrative.
Iva Kroeger, 44, became the first woman sentenced to death in a San Francisco courtroom for the strangulation slayings of Mildred and Jay Arneson. Ralph Kroeger, 61, had the death verdict for his murder conviction reduced to life imprisonment due to his heart condition and his being described as a final victim of his wife.
Leave It To Beaver will attend two graduation dances at 7 30 Thursday night televised on TV 9. He will confirm each invite and plan outfits for the events, signaling a busy social term ahead.
Friday USDA estimates Chicago show 2,000 cattle 6,000 hogs 200 sheep expected receipts. Butcher hogs steady to 25 cents lower. hogs 190-225 lb 14.25-14.50. cattle and calves mixed supplies with steers 21.00-22.50 for 900-1150 lb. heifers around 22.50. lambs 93-95 lb at 21.00-24.50. ewes 6.00-8.00.
Demand fair and prices uneven with receipts Thursday at 55 000, week prior 61 000, year ago 51 000, and Wednesday 63 000. U S 1-3 butchers 200-240 lbs 13 00 to 13 60, 240-270 lbs 12 60 to 13 40, 270-300 lbs 12 25 to 13 10. Sows 270-330 lbs 12 25 to 13 15, 330-400 lbs 11 75 to 12 65, 400-550 lbs 10 25 to 12 00.
UPI notes 2,500 cattle receipts with 100 calves. Market moderately active and steady. Load choice steers 22.00, most good and low choice 20.00 to 21.50. Load choice netters 22.00, most good and choice 19.50 to 21.50.
Livestock receipts reach 2,500 cattle with calves at 100. Demand is slow and prices trail 25 to 50 cents lower. Choice steers bring 21.25 to 21.75, loads of high choice and prime reach 22.75, while choice heifers show mixed quotes around 21 to 22.75 depending on grade.
Prices at the Cedar Rapids hog market were steady. Wednesday's bids on butchers 200 to 230 pounds ranged from 12.50 to 13.50 dollars, with 1s and 2s from 13.00 to 13.50 based on grade. Packing sows under 300 pounds were 12.00 to 13.00. Adjusted prices apply for weight brackets. cattle and grain data referenced with partial figures and notes on soybeans and oats.
Ad pages rise to record levels with newspaper spaces leading the surge as other media also hit peak numbers. Analysts cite stronger circulation and market demand fueling the expansion across print and related channels.
Chicago AP report notes May wheat fell on profit taking after heavy selling through a brokerage firm. Prices swung to stop loss and closed lower across cereals with corn rising and oats and rye mostly steady or down slightly. soybeans eased to lower.
Chicago cash provisions show no wheat oats or soy bean sales. Corn No 2 yellow 1.214 2, No 3 yellow 1.191 2, No 4 yellow 1.19. Barley malting choice 1.23 1.30, feed 1.00 1.08.
AP reports steady wholesale prices for butter eggs and potatoes in Chicago. Butter grades 93 score AA to 89 C with varied cents per pound. eggs hold routine prices across whites and standards. potatoes show strong demand with Idaho russets at 4.50 and Red River Valley reds at 4.00 to 4.15, old supplies light and market firm.
Eggs show adequate supply on large and ample on medium with good demand for large and fair demand for medium. Specifics list extras at 30 to 31.5 cents, extras medium 24 to 25 cents, standards 30 to 30.5 cents, checks 25 to 26 cents. Butter remains ample with fair demand and unchanged prices.
Department store sales in five Iowa cities climbed 32 percent in March from February, with Waterloo up 48 percent, Cedar Rapids 38, Dubuque 35, Des Moines 26, and Sioux City 16. Year over year, Iowa sales gained 2 percent, led by Waterloo and Sioux City at 6 percent and Des Moines at 5 percent, while Dubuque fell 6 percent.
Billie Sol Estes drove to a roadside lunch spot about 15 miles from the Alabama border to greet a mixed group of freedom marchers. The bankrupt Texas promoter, an integrationist, is in the Deep South to give several speeches and has helped educate several Negro students. He shook hands and wished them luck.
Meth-Wick auxiliary and council announce an open house at Meth-Wick Manor Sunday from 2 to 4 p.m. Guided tours will be led by Mrs. Grant Bramel and Mrs. Phillip De Voe. Residents will be at home during the event.
A notice describes residents inviting guests to their apartments for a social gathering with refreshments provided.
Fire Captain Dale Fielder and four other Cedar Rapids firefighters will travel to Truax air base in Wisconsin on Saturday for airplane fire handling training. They will man the Cedar Rapids airport crash truck, due for delivery next week, then return May 11 for further instruction from American LaFrance representatives.
Hospitalized Mrs. Royal iC Hughes of 922 M Street SW is at Mercy Hospital with visitors allowed. Mayor Bob Johnson to speak on Cedar Rapids 63 Friday noon at Embassy Club. CSPS and NAACP Cedar Rapids branch meet. open house at Cedar Christian School May 5. Mrs. Walter Forbes at Mercy Hospital also listed with visitors allowed. Theft reported at Rapids Chevrolet Co. Open house announced for May 3, 1963 by Marion firm Allen and Fishel. Openings at Strachen Custodial Home and new swimwear arrival. Missing billfold reported by Mary Jordan. Damage to a convertible tire near residence. Cub Scouts Pack 30 awards at St Pauls Methodist.
Judge Metzner ruled Hughes failed to appear in the anti trust case against Trans World Airlines, a deliberate default that may force Hughes Top Co to pay up to 135 million dollars. The court will appoint a special master to determine damages while Hughes, a secretive magnate, largely operates from multiple guarded homes and long distance calls.
Cedar Rapids army recruiting office reports two enlistments: Gary W. Kruse 19 Marengo joining the signal corps and Claude E. Reaves 21 of 333 A avenue NW training in metal working, assigned to Fort Leonard Wood for basic training. Also listed are several service members reported home on leave with families in Cedar Rapids.
American Motors Corp reports a first quarter profit of 10.29 million dollars or 54 cents a share for 1963, up from 8.85 million dollars or 48 cents a share a year earlier. Six months to date reach a record 609.8 million dollars in sales and 22.44 million in profit or 1.19 dollars per share.
Fred Janish, 89, of 1526 Sixth Street NW, suffered minor injuries Wednesday when the rear doors of a city bus closed on him as he was exiting. The bus stopped at Third Street SE and Second Avenue. Janish was taken to St. Luke's and released after treatment. Driver Raymond Newmeyer, 41, said he was unaware the elderly man had fallen.
The government filed a federal suit to destroy 26200 capsules shipped to Kenyon Drug Co of Mechanicsville. The drug pentarythritol tetravitrate is unapproved for interstate commerce. Shaw Pharmacal Co shipped them March 7. Kenneth Deahl owns the Mechanicsville firm. Deputy Marshal Courtright seized 6250 capsules. May 10 is the claim deadline.
Ozark Air Lines reports April at Cedar Rapids Airport set all time highs for passenger enplanements and deplanements and for air freight and other air freight on two-way totals. April figures show 1,704 on and 1,816 off passengers, with higher freight and air mail tonnages than April 1962.
TV 9 presents a weekly 10 pm compilation of local and regional happenings with film clips and photographs. The program highlights city scenes and weather outlooks along with brief reports and forecasts.
The labor department reports seasonally adjusted unemployment at 5.7 percent, not meaningfully different from March. Employment rises 900000 in April to 68.1 million, marking 1.3 million higher than April 1962.
Four youths aged 13 to 15 from Center Point were referred to juvenile authorities after admitting to breaking into Cliff's Sporting Goods on April 12. Officials say about six cartons of cigarettes and various items were stolen, along with tools from a filling station and other minor thefts prior to the break-in.
Rupert Mulnix, 48, of 4551 Midway Drive NW, was found not guilty by a district court jury of prohibited sales and advertisement. He was accused of buying a case of beer for a 19 year old in Fairfax on February 15. Trial began Monday with jury deliberations at 10:10 a.m. and verdict reached at 11:55 a.m.
Former President Truman announces renewed work on a Screen Gems produced series detailing major events from his administration. He will appear in each half hour film, with aides and officials, promising first hand accounts and strict fidelity to records without partisan bias.
Nancy Kolda sues KCRG radio in district court seeking $500 claiming she won a February Mystery House contest but the prize went to another contestant with a later postmark. A jury trial is requested.
Rose Marie Reed and Ronald J. Reed faced a divorce petition denied by Judge G. B. Richter. The court dismissed the case, leaving parties estranged and the divorce unresolved.
Consul Tony Burgers, the Dutch consul in Haiti, arrived in Willemstad Curacao on Thursday and said he has been expelled. He did not disclose the reasons for his removal.
A court report lists judgments in favor of Rental Inc. against Martin for 513.28 on account and against Jan Speer for 209.71 on account. The case was noted by Ron Cochran and aired on weeknights at 6 on KCRG TV 9.
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