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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 14, 1958
Page
1
Financial and Market News notes Mrs. Owen Noxon and Mr. Owen Noxon along with Mrs. Kassler attended the tulip festival at Perry highlighting social ties among local residents.
Chicago bids show hogs reaching a $24.50 top the highest since July 16 1954 with receipts around 8 000 head and steady to firm feeder bids. Cattle receipts near 17 000 with varied shifts and prices, while sheep receipts reach 2 500 and lambs remain steady.
CHICAGO AP Short covering pushes May wheat up as corn and rye rise. May wheat around 2.20. soybeans move mixed. Local society notes include visits by Shirley Johnson of Oak Park and Fred Winston of Davenport and a Marion baseball league meeting.
Stocks tumbled sharply in final trading hours with broad losses extending into the close. The report notes declines across many sectors as investors reacted to market pressures and news flows.
Prices on the Cedar Rapids hog market were 25 cents higher Wednesday. Quotations cover plant delivered prices for good No 2 butchers and sows with Meaty No 1 high yielding stock priced up to 50 cents above. No 3 overfats may be as much as 50 cents below.
Former municipal judge Nathan Cayton resigned Wednesday as chairman of a three man board of monitors appointed by a federal court to oversee the scandal scarred Teamsters union. He cited prior commitments.
Devarold Lewelyn Smith petitioned probate court to change his name to Devarold Lewelyn Sel kirk saying there are too many Smiths in the world. The filing cites the desire for a unique identity.
Live poultry prices reach 138 39c for single daisies and mines, processed loaves 35 percent 36c, grade A 45 47c, C 40 42c. Butter steady at 57 44c to 55 4c per pound across large, extra large, and medium pack. shipments total 608, Idaho brisk notes. New York butter receipts 644,000 with extras 50 lbs 38 38c.
The Lions Club entertained members and guests at a Tuesday ladies night dinner in the Roosevelt Hotel. A musical program by the Four Jesters of Jefferson High School accompanied a screening on how the Iowa Lions eye bank operates. Dr. George K. O'Brien spoke before the film and answered questions. A second film covered the International Lions Club convention in San Francisco. May Breakfast honored Patsy Theel who received her first communion at St Joseph’s Church Marion. William Travis, formerly of Marion, will receive a Bachelor of Divinity at Drake University on June 5 and will move to Jacksonville Florida in August. Mrs Carl J Kassler returned from Ottumwa where she visited her son-in-law and daughter.
A jumble of classified items appears in the Gazette listing lost and found neonates and a blue parakeet near 8th Street and Call EM 3-1816, plus assorted services from watch repair to rental ads. Other notices include nursing home vacancies, rummage sales, painting, rubbish removal, and employment notices seeking workers and couples for living quarters.
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