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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 10, 1965
Page
17
The stock market finished with mixed results in active trading on Monday. Volume was about 5.5 million shares versus 5.86 million on Friday, with Dow Jones averages and sector figures listed by market service providers.
Chicago market reports show butcher hogs rising about 50 cents per hundredweight with some bids up to 75 cents. Slaughter steers also reach a long-time high with prime loads around 29.50, highest since January 1960, while cattle and hogs face strong, mixed demand across major markets.
Three people were injured in a Sunday two car crash at Seventh Avenue and Thirty-fifth Street. Gertrude Glynn, 60, of 700 Thirty-fifth Street, was taken to Mercy Hospital with a shoulder injury and kept overnight. Raymond Heyer, 32, and Sheryl Heyer, 28, were treated and released at St. Luke's Hospital for contusions. The Heyers' son Steven, 8, was not hurt. Glynn, who drove through a stop sign, faces police court for failure to yield. Damages were estimated at 800 to Glynn’s car and 400 to the Heyers’ vehicle.
Cattle receipts at Sioux City 8 500 with calves 300 and steers and heifers firm to up 25 cents. Sioux City choice steers 25 000 to 26.00 per cwt and loads at 26 25. Heifers 24 75 to 25 75 with high options. Omaha receipts 12 500 calves 400 slaughter cattle steady to 25 cents higher with some 50 cent gains. Choice 1 000 to 1 300 lb slaughter steers 25 00 to 26.00. high choice loads 26 35 to 26 50. 850 to 1 050 lb heifers 24 25 upward.
Paris reports France and Spain signed an accord to build two Daphne type submarines in Spain for the Spanish navy. The vessel displaces about 1000 tons, spans 190 feet, and reaches 16 knots submerged with a 1600 horsepower engine. It carries eight torpedo tubes and 14 torpedoes, and a crew of 45.
About 9 900 Negro high school students representing 90 percent of total enrollment at Houston's five Negro high schools boycotted classes Monday to protest the pace of public educational desegregation.
An inspector general conducts a late evening surprise check on the production No Time for Sergeants, visiting the set at 7:30 CST Monday night to review operations and compliance.
Princess Benedikte of Denmark visited Arlington Cemetery on a private, honor guarded trip to lay wreaths at the Unknown Soldier tomb and at John F. Kennedy's grave. About 200 watched as she paid tribute with 21 gun salutes, wearing a green dress and white accessories. A wreath also marked the grave of Danish-born U.S. airman corporal Niels Qvistgaard, born 1929, who died in 1952. his father Admiral E. Qvistgaard was Denmark's former defense head and naval attaché in Washington.
Chicago market report shows soybeans finishing unchanged to 1% cent higher per bushel after a rally, while wheat rose 1 to 15% cents. Corn slipped up to 1 cent, oats and rye were flat to down slightly.
Chicago cash provisions list a range of grain values with No 2 hard wheat at 1 50, No 2 red at 1 48, No 2 yellow corn at 1 077, No 2 heavy oats at 7 5, and No 1 yellow soybeans at 2 86. The prices reflect standard market quotes for wheat corn oats and soybeans in a daily market brief.
Richard Bice of Marion was elected governor of Toastmasters International District 19, which includes 66 Iowa clubs. He previously served as district first lieutenant governor as the Davenport convention crowned new leadership. Keith Herington placed third in the district speech contest. Ben Hogan of Waterloo won and will attend the regional meeting in Minneapolis in June.
T Howard Harger of Marion Linn county resident died Monday at his Midway home born December 20 1882 near Brandon married Loretta Pierce in 1900 retired farmer lived in Toddville and Center Point areas moved to Midway in 1940 survived by wife son daughters grandchildren great grandchildren brothers and sisters services Wednesday at 10:30 in Murdoch chapel burial Dunkard cemetery and callers may visit after 7 p.m. Monday.
WASHINGTON AP The Senate public works subcommittee approved a bill to set standards for automotive exhausts and to create a federal air pollution control lab The measure would authorize 40 million dollars for grants to municipalities for research and demonstration projects Noted meetings include Linn chapter DeMolay and a Mothers circle event in Washington and Cedar Rapids listings for local clubs and services.
Chicago wholesale market notes show butter eggs potatoes and round reds with varied prices. Butter range includes AA and A Séleac grades. Eggs steady with several grade prices. Potatoes report arrivals and regional russets with several regional prices and light new-supply.
Dairy markets show adequate to ample butter with weaker demand. creamery butter at 93 score AA level around 94.40 cents per pound, 92 score A at lower quotes. Eggs remain generally ample with spotty demand. standards and whites prices vary with fractions of a cent.
General Management Corp owner of Cedar Rapids centers announced the seven story Davidson department store building in downtown Des Moines has been purchased. Martin Bucksbaum said the firm will develop the building for multiple tenants and revive its use after Davidson's closed a year ago. The company owns Town and Country shopping center Lindale Plaza Wakonda shopping center in Des Moines and Duck Creek Plaza in Bettendorf.
Iowa Senate moved to strike from a bill a provision requiring open hearings for minors charged with felonies and to release their names. The measure, approved previously 49 to 0, was recalled to allow debate on an amendment to drop mandatory open hearings and name releases. Senator Henry Lacken said the amendment would let judges decide on openness and disclosure.
Gen Lo Jui ching chief of the Red Chinese army general staff calls the United States inferior to Nazi Germany in a Red Flag article marking Germany’s WWII defeat anniversary. He claims U S empire faces fierce resistance movements and notes troop shortages and overextended fronts.
The infant daughter of Mr and Mrs Loren Martin of Alburnett died Saturday night in a Cedar Rapids hospital two hours after birth. Surviving are two brothers Ricky and David, grandparents Mrs Calvin Martin and Mrs Freda Wright and Harvey Wright, and great grandmother Mrs George Fenlon. Private services were held Monday in the Murdock chapel at Marion.
Ivan Kaune 55 suffered a crushed chest when a tractor backed over him on his Sumner area farm. He was taken to Sumner hospital for treatment.
Cash flow is net income plus depreciation depletion and amortization and other bookkeeping charges not actually paid. The caller notes scams by so called reputable brokers and the host defends firmness versus overly friendly praise.
Soviet Premier Kosygin reportedly agreed with de Gaulle that Germany's issue is a European matter to be settled by Europeans. He told Michel Gordey in East Berlin that frontier revisions are impossible and the status quo should stand. He said West German desires for war are unfounded and two German states must discuss their future.
Richard J. Cortez age 22 of 1821 Ninth Avenue SW was found innocent of disturbing the peace by fighting. He was arrested April 3 in the parking lot of Little Caesar s at 2210 Sixteenth Avenue SW. Municipal Judge Howard McLaughlin delivered the verdict.
Three railroad unions contribute $450 to the fund raised by the Oelwein Chamber of Commerce to oppose a merger involving the Great Pattee line. Walter Fayette in West Union faced fines of $200 and costs for operating a motor vehicle while his license was suspended. The carmen and machinists unions also contributed amounts, and Pattee was arrested April 13.
Allis-Chalmers Cedar Rapids plant hosted a one day session for about 40 members of the State Industrial Nurses Assn on Saturday. Representatives from 29 industries and the Post Office department attended. A panel on Occupational Health Problems was moderated by Mrs. Donald Bard. Panelists included Howard Werner of Aetna Insurance Carroll Luckey of Link-Belt Speeder City Physician Dr. William Basler and Robert Walker of St Luke's. A film on Cardiac Resuscitation by Robert Mahon and an address on Experiences on the Good Ship Hope by Dr. John Huston were also featured.
Moscow dispatch reports Lunik 5 a 3254 pound instrument package launched Sunday by Tass from an artificial satellite. The mission aims to gather scientific data during its 250000 mile journey toward the moon as the Kremlin reveals rocket displays. The rocket was 70000 miles from Earth at 10 p m Sunday en route to its planned path.
Des Moines AP coverage notes two Iowa speakers warning of rising federal control and eroding individual initiative at the Iowa Association of Independent Insurance Agents convention. Senator Max Milo Mills and Nelson of Council Bluffs urged more state funding for regulation to prevent a federal takeover.
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