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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 21, 1962
Page
11
Official Tuesday receipts estimate 3,000 cattle 7,000 hogs 500 sheep. Butcher hogs weakened with mostly 16.75 to 17.25 per cwt on 8,000 head. hogs 190-270 lb mostly 16.00 to 17.25. Cattle slaughter steers 50 lower with prime loads at 29.50. other grades 24.50 to 28.00. Sheep lambs up 1.00, lambs 23.00-23.50. ewes steady.
Des Moines Iowa prices for hogs and butchers show a drop of about 25 cents from Saturday. Estimated receipts Monday at 65 000 with prior weeks at 52 000 and 47 000, and Saturday at 38 000. Butchers 200-220 Ibs 14 75 15 50 and other weight ranges listed. sows 270-330 Ibs 12 75 14 25 up to 400-550 Ibs 10 60 13 10.
UPI reports livestock price listings for Waterloo hogs with beef and pork cut weights ranging from 160 to 400 pounds. Prices per hundredweight vary by weight class, featuring levels around $13 to $14 and noting price drops for heavier lots.
Sioux ) a (UPI) cattle: receipts 3/e calves 700. Choice slaughter steers 24.50 to 35.50, mixed high good and low choice 24.25 to 24.50. Slaughter heifers choice 24.25 to 25.25, mixed good and low, choice 24.00 to 24.25.
UPI reports cattle receipts at 18 500 and calves at 225 Steers are slow and weak to 25 cents lower Heifers steady to 25 cents lower Most yearling steers 1 000 to 1 300 pounds bring around 24 000 to 25 000 per hundred Pounds with few loads at 25 25 to 25 50 Good choice to choice calves around 24 25 to 25 00 per hundred pounds indicating a softer market tone
Cedar Rapids hog market prices eased slightly from Saturday, with 200-230 lb butchers at 14.50 to 15.50 dollars and 1s and 2s around 15.00 to 15.50 delivered to plants. Packers showed further weight-based reductions, while cattle and calves varied with prime steers at 26.00 to 27.50 and mixed grades from 16.00 to 25.50, alongside sheep, eggs, and corn price notes.
Washington AP Cyrus Roberts Vance, 45, counsel for the Department of Defense, is named to succeed Elvis Stahr as secretary of the Army. President Kennedy announced the appointment, pending Senate confirmation, in New York. Stahr resigns June 30 to become president of the University of Indiana.
New York stocks closed lower as traders moved cautiously in a lull between sessions. The day featured light activity with estimated volume around 2.3 million shares and a subdued mood across indices.
Armed Forces San Diego duty for Navy enlistment of Terry FitzGerald, 17, of 338 Twentieth Street NW, reported Monday by recruiters in Cedar Rapids. He was sent to San Diego for recruit training. Also home on leave were Seaman Apprentice Harlan D. Peterson of Alburnett for 15 days en route from radioman school in San Diego to Kodiak Alaska. Airman Carl C. Herkner of 1612 K Avenue NE for 14 days from Keesler Air Force Base Mississippi where he attends Morse intercept operator school.
Gary Meyers, 18, of Oelwein was charged with failure to yield half the roadway after a Sunday two car crash on Highway 190 near Fairbank. He was listed in good condition at a local hospital.
Wheat futures stayed in good demand at strong prices most of Monday. Other grains and soybeans sold steady to weak. At the close wheat rose 2 to 6 cents, corn moved 4 lower to 1 higher, oats 14? higher to 4 lower, rye steady to 6 lower, soybeans 14? lower.
Chicago market notes show no wheat or soybean sales. Corn prices listed for No 2 and No 3 yellow around 1.182 to 1.194. Oats quoted for several grades from 75.2 to 76.4 cents. Soybean oil price and barley or teed values appear with unclear figures.
Agricultural market notes show butter and eggs steady to ample in Chicago and New York, with wholesale prices for sows, hogs, and varieties of flour and dairy products listed. Live poultry, potatoes, and yellows reflect varied gains and declines, while color stamps and color markets indicate mixed trends across regions.
Iowa Secretary Melvin Synhorst estimated that the June 4 primary would cost about 1.70 dollars per vote and the November general election about 0.57 dollars per vote, based on 1958 figures. He noted higher per ballot cost in primaries due to party ballots and rotated candidate order, while general elections benefit from mass ballot production.
The Hawkeyes 4-H club met at the IOOF hall the home of Kenton Hatcher. They planned a June 16 tour starting 8 a.m. at George Caraway’s home and ending at Ronald and Gary Luke’s. Kenton Hatcher spoke on carburetor operation.
A former partner Curtis Smith of Houston released Bid ding Through Logic, a book on opening bidder partnership play. The work presents hands illustrating theories, with some disagreements noted but aims to aid readers in improving bridge play through study.
Sam Shulsky discusses retirement goals for a 40-year-old with $500 in a growth mutual fund and $500 in General Telephone and Electronics. He notes front load costs, bank deposits at 4 percent, and the need for equity exposure over a 25 year horizon, urging patience and balanced asset mix.
Fragmented item describes bridge bidding with South West North passes and a plan to bid three hearts, aiming for four spades. It then veers into a warehouse theft report involving Cald and storage company addresses, ending with a police message about a hand being too strong for a jump to game.
Local notices report a Monday AA meeting at 10914 Second Avenue SE and ad offerings for rug cleaning by Ken. The Pierson Florists advertise Iowa’s largest plant selection at 1800 Ellis Blvd NW. Community groups list a Philippines talk at the Montrose Sheraton and a Meth-Wick Manor visit. A Sunday coin machine theft at Fifth Avenue Laundromat is noted, plus tire theft at 1326 C Avenue NE. Republican precinct meeting set for Tuesday at City National Bank. A Cedar Rapids teacher assignment and post office re election highlight a busy civic schedule. Orientation session for United Good Neighbors officers is planned for Tuesday at 4 p.m.
In Strawberry Point on Friday two hundred fifty seven cars and twenty five trucks were checked in a safety lane sponsored by the town council and the Chamber of Commerce. Defects were found in forty nine cars and seven trucks.
Kathryn Worley journalism teacher at Washington High School received an honorable mention for achievement in scholastic journalism from the Newspaper Fund, which supports youth entering newspaper work. Bronco and Pal stumble into outlaw gang on KCRG TV 9 Cheyenne Show Monday at 6 30 p.m.
President Kennedy’s nationwide appeal on elderly medical care faces a hard hurdle as the Ways and Means Committee considers the King Anderson bill. AMA opposition cites threat to doctor patient relations and federal control, while supporters argue for social insurance funding via payroll tax increases and expanded benefits for seniors.
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