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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 21, 1962
Page
22
Market notes show butcher hogs weak after a day of mixed price action led by reduced demand and larger supplies. Wheat and grain quotations circulated from Lamson Brothers with Cedar Rapids and Chicago Livestock figures, citing steady to lower hogs and broader cattle price adjustments amid moderate demand. receipts and ranges listed for hogs, cattle, and sheep across Des Moines and Omaha regions.
The Hawkeyes 4 H club at IOOF hall hosted plans for a June tour honoring Eva Krug and the Marion rural school event. Lions and Fidelis groups outlined meetings and a charter night program with speaker Albur Alburnettilen. Members were asked to bring old nylons and greeting cards for the Children’s home.
City notices list AA-12 Step meeting at 109 percent Second Avenue SE Rug cleaners contact Kenwood Rug Cleaners Kiwanis lunch at Meth-Wick Manor Cedar Chapter C E and brunch at Masonic Temple Canopus Club noon meetings Embassy Club program by C C Birr Auto Club landlord and tenant meeting YMCA activities for Marion branch girls and boys programs Dr H O Young returns from visit to relatives School Board discusses Wheatlor education North Marion Garden Club postpones to May 29 Centennial Encampment No 51 continues with auxiliary activities
Investors' Guide presents Curtis Smith of Houston discussing his book Bid ding Through Logic. The article notes the book analyzes opening bidder actions with hands and emphasizes a key bid in sequences. It highlights North's one diamond response and South's spade rebid as a setup for further bidding exploration.
Reader letter by Sam Shulsky cites mutual fund losses and high commissions, urging balance of bank deposits and equities for 40s retirement. Local items report thefts, a GOP meeting, degree candidate, teachers, obituaries, and a TV show segment tied to community events in Cedar Rapids area.
President Kennedy’s Sunday speech on medical care for seniors aimed at the nation but hinges on House Ways and Means action. The King Anderson bill would cover those over 65 under social security and finance care via a higher payroll tax, sparking debate over federal control and the doctor patient relationship. The AMA, opposing plans seen as stepping toward socialized medicine, cites cost and access concerns while arguing for physician autonomy.
The stock market closed lower in thin trading on Monday in New York. Downward moves affected several Dow components while wheat, corn, and soybeans fluctuated with varied prices across Chicago markets.
Des Moines reports Secretary of State Melvin Synhorst estimated that the June 4 primary would cost about 1.70 dollars per vote and the November general election about 0.47 dollars per vote. He based figures on 1958 data, noting higher per ballot costs in primaries due to separate party ballots and rotated candidate order.
The Cedar Rapids market shows hog prices steady to a quarter lower with Saturday bids on 7200 head at 14.50 to 15.50, occasional 15.65, and 1s and 25s at 15.00 to 15.50. Packing weights 300 lbs. down hit 13.25 to 14.00. heavier cows and bulls vary by weight. Cattle quotes include prime steers around 9.40 to 14.50, standard cows 14.00 to 16.00, calves 23.50 to 24.50, and veal up to 24.50. Also listed are sheep and poultry prices, grain bids, and a note on Navy enlistment for Terry Fitz Gerald and leave recalls for seaman apprentice Harlan D. Peterson and airman Carl C. Herkner with training and assignments in San Diego and Kodiak.
Washington AP Cyrus Roberts Vance, 45, longtime general counsel for the defense department, is named to succeed Elvis Stahr as secretary of the army. President Kennedy announced the appointment in New York, subject to Senate confirmation, with Stahr resigning June 40 to become president of the University of Indiana.
Gary Meyers, 18, of Oelwein faces a failure to yield charge after a Sunday two-car crash on Highway 130 near Fairbank. Meyers was listed in good condition at a local hospital.
Dr. Leonard Larson of Bismarck says doctors doubt Congress will pass the administration health plan. The AMA leader notes growing press ties and waning backing from older voters as the campaign moves to Congress. Kennedy scales up effort with a Madison Square Garden speech as part of the push.
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