Hog Top at US Month Low as Markets Erode
Stocks slid further on Monday with losses outnumbering gains by over 500 issues. Gold shares rose as gold topped 42 an ounce sparking fears of a pound devaluation and dollar weakness. McDonnell Douglas led volume gainers while Continental Baking surged eight and ITT slid on a bakery acquisition report.
MENTIONED IN THIS ARTICLE
New York
Campbell Red Lake
McIntyre Porcupine
McDonnell Douglas
Commercial Credit
Atlantic Richfield
Associates Investment
Seaboard Finance
Western Union
Chrysler
Goodyear
General Dynamics
RCA
Procter & Gamble
Texaco
Continental Baking
International Telephone
It&t
Baking
Xerox
Polaroid
American Stock Exchange
Gold Hits New Peak On London Market As Hogs Decline
Gold rose to a new peak of 42.30 dollars an ounce on the London free market amid heavy demand. In Chicago, top butcher hogs were pegged at 20.50 per hundredweight as slaughters steadied and lambs remained steady. Des Moines reports fair activity with auctions showing hogs and cattle prices easing slightly from prior levels.
MENTIONED IN THIS ARTICLE
London
London Free Market
Chicago
Omaha Livestock Cattle Prices Mixed in Market Report
UPI notes cattle trading around 10,000 head in Omaha with steers and heifers steady to 25 lower, cows steady. High choice steers bring 26.65, selects 25.75 to 26.50, and good to choice commercial cutters and canners range 17.00 to 18.50 with a few higher.
MENTIONED IN THIS ARTICLE
Omaha Livestock Omaha
UPI
Cedar Rapids Hog and Cattle Prices Dip Across Markets
Market report shows Cedar Rapids hog prices 25 cents lower on Monday with Saturday deliveries for 200 to 230 pound butchers at 18.50 to 19.00. Packing sows 300 pounds down priced 16.50 to 16.75, with various adjustments by weight. Cattle values list Prime steers around 26.75, choice steers 26.50, standard cows 18 to 21, and lighter beef stock priced from 12 to 20 depending on grade. Also includes grain quotes for No 2 yellow soybeans at 2.60 to 12. delivered, and lamb figures 24.50 to 25.50 for 85-110 pound lambs.
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Am Sko
Pullman
GenMot
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Exall
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Scott
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ingerCo
New York
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Waanbytt Lab
Wa Ace
M HuntFds
Wai Stolical
Idaho
fauffCh
Ingnam
Stevens
AlliedCh
2 Ae StudeWorth’ 1 180 63% 612 —2%! AlliedSte 1.40 49% Internat
Va Sun
aZia
Alcoa
Macy
Dietals Swift Co
Hegis
Aba
AmCyan
Tenneco
Texaco
Saa
amEnka
Jewel Co
Exetra
Haso i
Va S830—— 7] John Man
el Jones
Textron
Katy
AMP Inc
Koppers
Ameex Corpet
Ai Kroger
AcchDan
Union Pacit Uniroyal
Armco
Aly
Alten Val Ina
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Lorillard
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Upjohn
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J Macke Co
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Sila
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Syria
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gaNy
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Associated Press
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Lpactat
Parke Davis
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Chicago
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Ceee
Vata Eltra Corp I PasoNn
Johnson
Eversharp
Fansteet Inc
Wy Saf Corp
USDA
Des Moines
U.S
Cedar Rapids
Moris
Lam Ae
Soybeans and Grain Prices Fall in Chicago Market
In Chicago futures traders saw declines across soybeans and most grains on Monday with July corn hitting a seasonal low. Wheat eased about 1 percent while rye slid up to 2 percent and oats were mixed to higher amid large weekend corn receipts.
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Chicago
Sioux City Livestock Market Report Steady to Weaker Cattle
Sioux City market quotes show cattle and calves steady to weak. Choice 1,000 to 1,250 pound steers around 26.00. choice 875 to 1,075 pounds near 25.00. heifers also near 25.00 with varying weights and conditions.
MENTIONED IN THIS ARTICLE
Sioux City
USDA
Chicago Produce Prices and Market Highlights
Wholesale prices for casaras penny le poul try and butter are steady with unchanged buying levels. Eggs remain steady with grade A and medium standards. Potatoes show arrivals on track with light old supplies, good demand, and steady market. red and white varieties priced in multiple regions including North Dakota Red River Valley and California and Arizona markets.
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Chicago
U.S
Amnngeole
North
Dakota
Red River Valley
California
Arizona
New York Produce Market Reports Steady Demand and Butter Supplies
New York wholesale e99 offerings show ample demand with fair activity across standard and fancy grades for produce. Butter offerings remain fully adequate with creamery demand fair and price scores around 93 at roughly 67 to 67.75 cents per pound.
MENTIONED IN THIS ARTICLE
NEW York
USDA
Urge Denial of Rezoning Along Freeway Route
Johnson county zoning commission recommended denial of a 120 acre rezoning west of North Liberty to highway commercial along the proposed Iowa City Cedar Rapids freeway. The board cited lack of highway development and absent plans for a 90 plus acre tract, while approving other requests for 22 acres at I 80 interchange and two subdivision plats near Coralville dam road and southeast of Shueyville. Public hearing set for June 10 at 10 a.m.
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Iowa City
Johnson County
W. L. Hueffner
John and
Marcella Shay
Scott Township
Iowa City Saddle ‘Club
Coralville Dam
Pearl and
Anna Brogan
Shueyville
County Board of Supervisors
Cedar Rapids youths arrested over beer possession
Three Cedar Rapids men aged 18 Richard W. Marion of 414 Sixth Street SW John A. Vogel and Dennis L. Kowalski both of 1414 M Street SW and a 17 year old were arrested Saturday night on minor in possession charges. Police found 28 bottles of beer in their possession.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Richard W. Marion
Sixth Street
John A. Vogel
Dennis L. Kowalski
M Street
Haitian Capital Bomb Target Reported in Port au Prince
The Haitian embassy said an unidentified plane dropped two bombs on Port au Prince, one near the presidential palace and the other at the military airport. No damage details were given, but the palace was missed and the attack appeared to simulate motor trouble. The embassy cited the plane coming from the southeast.
MENTIONED IN THIS ARTICLE
Washington
Port-au- Prince
Jean Targete
Turner Sees Politics in Fees Dispute
Des Moines Atty. Gen. Richard Turner accuses two the lawyers Lex Hawkins and Verne Sawyer of seeking monumental fees with political cronies after appealing a court judgment. The dispute centers on fees from Iowa price fixing suit against oil and asphalt firms.
MENTIONED IN THIS ARTICLE
DES Moines (Ap
Des Moines
Richard Turner
State Executive Council
Turner
Iowa
Lex Hawkins
Verne Sawyer
Lawrence Scalise
Hawkins
Sawyer
Armed Forces Navy and Marines Take Area Men on Leave
Eleven local men enlist or enter delayed programs in the Navy and Marines with assignments in San Diego and Virginia. Other service members receive promotions, commendations, or are reported home on leave from Vietnam and other postings.
MENTIONED IN THIS ARTICLE
Navy
Marines
San Diego
Michael F. Brady
Iowa City
Fred E. Campbell
Vinton
Gary L. Stransky
Chandler Street
Mark T. Polansky
Brockman Drive
Robert L. Cruise
Alpine Road
Marion
Charles W. Hopker
Springville
Steven A. Smothers
Bever Avenue
Gerald D. Braynard
Wilson Avenue
Michael C. Hughes
Thirty-sixth Street
Thomas H. Ryder III
Terrace Hill Drive
David P. Convey
Fortieth Street
Man Fined 300 for Drunk Driving in Linn District Court
Edward M. Callahan, 23, of 1480 Fourth Avenue SE, was fined $300 in Linn district court by Judge J. Paul Naughton for drunk driving. He was arrested Sunday morning after Cedar Rapids police saw him turn into a driveway at 1201 First Avenue SE and strike the building.
MENTIONED IN THIS ARTICLE
Edward M. Callahan
Fourth Avenue SE
Linn District Court
J. Paul Naughton
Callahan
Cedar Rapids
First Avenue SE
Bemidji State College to Bestow BS on Michael Wright
Michael Wright of 2933 Dalewood Avenue SE is set to receive a Bachelor of Science degree on June 2 at Bemidji State College in Bemidji Minnesota.
MENTIONED IN THIS ARTICLE
Michael Wright
Dalewood Avenue
Bemidji State College
Bemidji, Minn
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Seventh Street
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H. J. Gesling
Whidbey Island
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Charles Orton
Wiley Boulevard
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Lowell A. Lain
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Center Point Road
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