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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 05, 1969
Page
16
The market ended higher with a vigorous rally and follow through seen by brokers as likely to continue upward in the short term, though occasional consolidations may occur. Prices were mixed on the American Stock Exchange as traders noted the market’s best showing in about a year and a strong performance after last week’s advance.
Chicago market brief reports hogs steady to 25 cents lower amid mixed price action and cattle prices uneven with slaughter steers and heifers steady to higher. Iowa and Des Moines leads show varied values as futures and grain prices influence sentiment.
Prices on the Cedar Rapids hog market were steady Monday with Saturday figures showing bulk consignments of relivered butchers 200 to 280 pounds trading around 20 to 25 dollars. Packing sows 400 pounds down ranged 16 to 18 dollars, with weight grade adjustments and reductions for heavier hogs. Cattle quotes appear garbled but indicate prime sheets and various beef items, followed by a UPI report noting the battleship New Jersey arriving at its home port amid a public welcome in New Jersey.
In active Monday trading Chicago grain prices rose for corn and supported an advance in wheat. Other grains remained firm while soybeans held steady amid mixed quotes and fluctuating bid levels.
Fragmented OCR lists mixed product terms and prices for produce in Chicago, noting eggs and butter with vague percentages and odd scoring figures. Mentions New York trade input, wholesale burdens, and slow shipments with unclear dates.
Time and savings debits for April totaled 2 726 464 with year to date 13 711 356. The April 1969 commercial debits stood at 263 098 435, down from Merch's 206 109 103, and year to date 1 095 615 768.
Midstate Distributing Co of Des Moines sold to American Broadcasting Co in a stock exchange. President Jack Silverman says operations continue with no staff or procedure changes. FCC approval received. deal effective May 1. Midstate subsidiaries include Mejor Record Corp and Allied Electronics.
Two demonstrators were led from a military parade field at Tuwal State university after attempting to disrupt an ROTC review during ISU Veishea celebrations. Arnald Grober and Tram Maysville faced $2900 bonds each while about ten youths joined the disruption before leaving or being escorted away.
Rechard H Dodge son of Martha M Dodge of Voorhees Hall Cow College received a Master of Liberal Arts degree from the University of Wisconsin in January.
AP reports a federal grant approved for the Iowa City VA Hospital to fund a $444,000 research laboratory project. The plan, tied to Veterans Act provisions, includes invitations for bids on the laboratory contract and a Washington June 17 timeline.
In the District Court of Iowa notices probate of the will of Dagbnieer Alee Deceased. Clifford G Davis is named executor. Creditors must file claims within six months or be barred. Dated April 20, 1967 in Cedar Rapids Iowa.
Legal notices announce probate for wills of Herman A Merkin and John B Emery and executor appointments. Cedar Rapids zoning ordinance changes on property at 128 Street NE and related development rules. final public notices for council actions and assessments. Lipid items reference multiple court actions, notices and dates.
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