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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 13, 1963
Page
20
New York stocks finished mixed in moderately active trading as brokers described a consolidation after last week’s strong rally. Volume was about five million shares, near Friday’s 5.26 million, with most major stocks posting fractional changes.
CHICAGO AP selling pressure lingered in grains Monday. Wheat slipped on weak May crop report suggesting higher yield than last year and private survey. Corn and soybeans fell due to liberal rain reports with oats and rye mixed and soybeans showing a modest drop.
Chicago AP notes no wheat sales. Corn values range No. 2 yellow 1.2394 1.244, No. 3 yellow 1.2214, sample grade yellow 1.0514 1.190. Oats list No. 1 extra heavy white 0.744, No. 2 0.72. Soybeans No. 1 yellow 2.68, No. 2 yellow 2.64 2.66. Soybean oil price listed sn. Barley market shows choice 1.23 1.30 and feed 1.00 1.06.
UPI report from Sioux City notes cattle receipts of 8 000 with calves 800. Early sales steer lots under 1 150 pounds mostly steady with last week while heifers remain fully steady. Prices include some loads of choice steers at 21.50 to 22.00 and average to high choice heifers in the trade.
UPI cattle report shows receipts about 5,500 with 225 calves. Demand slow and few finished sales. loads and choice steers quoted around 20 to 22.25, load choice heifers at 22.50, with some good and choice heifers at 20.25 to 22.00.
Chicago reports official USDA Tuesday receipts of 3,000 cattle 6,000 hogs 300 sheep. Butcher hogs climbed 25 to 50 cents marking the highest level since February 12. Hog supply 6,500 the smallest for a Monday in four weeks. Slaughter steers held steady.
Leo Shanahan, 68, prominent Los Angeles builder and Nixon ally, buys Richard Nixon’s Beverly Hills residence for 183100 dollars. He and his wife plan to move in June. the home features four bedrooms seven bathrooms and a hillside Los Angeles view with a pool. Shanahan runs a family construction firm with two married sons and owns Shamahan Ranch with four horses racing at Hollywood Park.
National Oats Co. declares its regular 15 cent quarterly dividend plus an additional 10 cent extra dividend. It will be payable July 1 to stockholders of record May 20. For the current year total dividends amount to 70 cents, unchanged from last year.
USDA live poultry prices show little change to lower with roasters at 1 24 per pound and fed White Rock fryers at 19c. Butter markets steady with various grade quotes around 57 to 62 cents. Eggs wholesale prices steady to higher for A whites 28 to 29 cents, mediums 25 to 26 cents, standards 27 to 34 cents. dirties 25 cents. Potatoes arrivals 209 on track 232 total US shipments Friday 736 Saturday 434 Sunday 14. Idaho russets $4.25 and Red River Valley round reds $1.90 per pound. long whites easing slightly, overall market steady amid increasing new supplies.
New York dairy and egg market notes show ample butter supply with fair demand and varied cream grades. Eggs offerings are burdensome with smaller sizes more than ample, while extras and standards prices are listed with minor fluctuations.
The Supreme Court unanimously overturns jail sentences given to three African Americans in Louisiana for refusing to move from the white section to the segregated Negro section. The ruling cites an April 29 Richmond case, stating states may not require courtroom segregation.
Police said five boys aged 13 to 15 admitted stealing three cars for joy rides over several weeks. They were turned over to juvenile authorities.
Louis Wink, 19, suffered head injuries in a Saturday tractor accident. He was taken to University Hospitals in Iowa City for treatment.
Des Moines market reports show butchers up to 25 cents higher with sows mostly steady. Estimated receipts 80 000, last week 48 000, year ago 52 000, Saturday 34 000. Prices listed for various hog weights and grades including U S1 1 2 and No 1 categories.
UPI reports hog prices in Waterloo hold steady with butchers and farmers listing carcass weights from 270 to 400 pounds. Prices range around 12.25 to 13.00 per hundredweight with weights 300 to 360 pounds showing notable activity.
Prices at the Cedar Rapids hog market were steady Monday with butchers 200 to 230 lbs at 13.00 to 14.00 dollars. Packing sows under 300 lbs ranged 12.50 to 13.50 dollars. weight-based reductions apply for larger hogs. Eggs and wool prices listed, plus grain spots: No. 2 corn 1.12, soybeans 2.43, oats 0.71.
Chicago market notes hogs 6 500 head with 1 2 190 220 lb butchers 16 00 16 25 and sows up to 13 40. Cattle 11 500 with prime loads 1 200 lb steers at 24 25 and choices 22 50 23 25. Sheep spring lambs steady to 50 higher with slaughter lambs 24 50 25 00 and ewes 4 00 5 50.
Sam Shulsky explains that a 2 for 1 stock split does not create wealth by itself and may leave price levels lower or unchanged. He notes splits increase shares but not value, and that ex-dividend days can see price moves vary, with some stocks trading flat or higher after the dividend cutoff.
Marcos Perez Jimenez former Venezuelan dictator had a U S Supreme Court review request denied. The case concerns possible extradition from Florida to Venezuela where he is charged with embezzlement. The decision leaves his extradition prospects unresolved.
J H Grus a Rock Island railroad conductor is a patient at Mercy hospital. Visitors are permitted. Small city brief notes indicate activity around local services and a gas siphoning incident on 21st Street SW. Announcements include a YMCA potluck and a new Cedar Rapids business location.
City Market will be open Tuesday Thursday and Saturday at A street 16th Ave West Adv Credit Assn Mayor Bob Johnson to speak on Your City Government at the Cedar Rapids Consumer Credit Assn meeting Tuesday at 5 in the Sheraton Montrose hotel Advice includes a Realtor slogan for Home happiness. Dairy Queen offers 19¢ malts and shakes sale Monday through Wednesday. Gregory awarded Clearing House scholarship at the University of Utah Friday. Americana Day promotions from Price Electric and Hardware Marion.
Iowa's state tax collections for the first ten months of the fiscal year total $123.14 million, about $7.92 million more than the same period last year. Sales and use taxes and individual income taxes lead gains, with income tax processing cited as faster this year.
Center Point Iowa Donald Mollenhauer 48 died after a bumper jack slipped on a dirt floor while he worked on his car in the garage at his home. He was installing rear shock absorbers when the car fell and crushed his chest. He was born June 6 1914 in Independence. Surviving wife Ferne B Schultz three daughters two sons a sister and three grandchildren. Services 2 p m Wednesday at First Christian Church Center Point burial Center Point Cemetery friends may call Murdoch chapel after 7 p.m. Monday.
Rep. Paul Knowles distributed square stickers to illustrate the border provision of the sales tax bill. The label reads for sales tax purposes I'm a tourist. He notes Nebraska and Minnesota residents could shop tax free in border counties, unless identified.
In Sheffield England 18 month old Ralph Morton spent minutes inverted inside his mother's washing machine with no lasting harm. Iris Morton recalled leaving him near a chair, returning to find his feet protruding from the machine while it ran. Nurses later said he seemed fine after spending the night in hospital.
The article notes ancient dentistry aimed at extracting loose teeth and using crude tools. Between 1400 and 1750 more advanced instruments and new techniques emerged, marking a shift toward less painful dental treatment compared with earlier times.
Charles Benja min Cambridge 94 lifelong Solon resident and retired farmer died Sunday after a brief illness. Born May 24 1868 near Solon he married Luella Kessler February 6 1907. Survived by wife two daughters Alma Slaymaker and Clara Michel two sons Henry C and Arthur B all of Cedar Rapids 11 grandchildren 19 great grandchildren and a brother William of Iowa City. Services set for 9:30 a.m. Wednesday at the Brosh funeral home Solon then 10 a.m. at St Marys church burial Oakland cemetery friends may call Tuesday with rosary that evening.
Classified deadlines listed for same day publication by dial EM 2 1121. Weekdays cut off at 1 a.m. for notices and ads to appear in the current issue. The page stresses urgent submission rules and contact method.
A fragment from a local page lists services and shops such as Rosen's Tailor Shop and Sands Printing. It mentions altered garments, clock repair, dental insurance, life insurance, and a rummage sale at 507 2nd St SW running daily 8 am to 3 pm. The Oraport Inn is open Saturdays only and notes Mother's Day hours.
The Iowa House approved a compromise nursing practices act by 91 to 3 and sent it to the Senate. The bill tightens regulations for nursing services, cuts pre-training from three to two years to enable junior colleges to offer the full course, and raises license fees by 2 to 4 dollars per year.
Cedar Rapids Community School District Linn County Iowa will receive sealed proposals for asphaltic concrete surfacing in multiple parking areas Cedar Rapids Iowa. proposals due 1 30 p m Friday May 17 1963 at 346 Second Avenue SW Cedar Rapids Iowa. Bid bond required 5 percent. right to reject any or all proposals. Also redemption notice for Cedar Rapids Lodge No 251 Elks bonds due 1981 with June 1 1963 redemption date. surrender for cancellation at Merchants National Bank Cedar Rapids.
Notice is hereby given that Spring Specialties Inc an Iowa corporation organized under Chapter 491 of the Iowa Code with its principal place of business in Cedar Rapids Linn County Iowa was dissolved effective March 31 1963 by action and with the owner its sole stockholder a Nilsen de George P Nilsen Samia Stella M Minehart Secretary.
Official publication announces sealed bids for 86 used cars and station wagons to be received at the Iowa State Highway Commission Ames office for sale. Bids close May 23 1963 at 10 00 AM. The commission reserves the right to accept or reject any bid.
Exceptional opportunity for a progressive and ambitious man to sell kitchen and home modernization. State qualifications in first letter. Write Box X-98 Gazette. Married man wanted for general farm work with a small modern house at Wayside Farm four miles north of Marion. Young men sought for summer operation versicenter reauleg P requir oy Shafter 900 Wilson Ave. EM ASSISTANT Service Manager in large Chicago area with road machinery experience. Write Box Gazette SEE OUR Computer Programmer training opportunities on the amusement page 17 next to the movie Ss.
Advertising copy and business offer text mentioning cooking services and a partial phrase about service 853. The readable fragments reference a restaurant ad style and prospective writer qualifications without clear event or outcome. The item resembles a clipped classified notice or mock promotional snippet.
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