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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 21, 1965
Page
22
New York AP reports stocks fell sharply as trading slowed on Friday. Major declines hit IBM and U S Gypsum about three points, DuPont and U S Smelting about two points each. Volume estimated at 46 million shares versus 5.77 million Thursday.
Chicago grain quotations supplied by Lamson Brothers with A G Hoelzen manager Cedar Rapids office at 503 Merchants National Bank Building. Market activity shows price directions and bid offers for cereals and related commodities.
Chicago AP reports butcher hog market firming with 4,500 head sold steady to 25 cents higher. Prices hit 22.50 cwt for top lots, with steers mostly steady to 25 cents lower and several prime loads at 29.75 to 30.00. Des Moines, UPI notes varying hog and cattle quotations across regions with mixed weights and grades.
Defense argues for change of venue in Sioux City case involving Californians charged with mailing and transporting obscene literature. Attorney contends trial location affects constitutional questions and asks dismissal if not moved to California. Judge Hanson will rule in coming days.
London AP reports the Labour government pushed through a finance bill clause to curb free-spending business entertainment after a 14 hour 36 minute Commons session. The measure was approved without a vote call as part of the austerity budget amid a stormy overnight debate.
Cattle receipts 1,000 with no calves. Trade active. Steers and heifers fully steady. Prices show choice 1025 to 1225 per head for steers around 25.75 to 24.75. Loads of choice and prime heifers around 27.00, high grade and choice heifers at 26.0 to 26.50 per hundredweight.
Sioux City receipts total 7 000 cattle with no calves offered. UPI report notes market test not enough to attract bids as buyers hold back.
Cedar Rapids hog market bids fell by 25 cents on Friday with bulk 200 to 230 lb butchers at 20.25 to 20.50 per cwt. Packing sows 300 lb and under offered at 17.50 to 17.75. Price scales show 25 cent reductions per 10 lb weight increments beyond 300, with steeper cuts up to 500 and beyond. Eggs section notes mixed egg grades with dirties and checks.
In Chicago trading, most commodities declined as selling pressure hit grains. Soybeans fell about 1.25 to 2 percent, wheat rose modestly, and corn slid 3 to 11 percent amid uncertain demand and weather factors.
AP report from Chicago shows wheat No 2 hard around 5.45 to 5.50 a bushel and No 2 red near 1.43 or 1.44. Corn No 2 yellow trades near 1.37 with additional decimals. Oats prices include No 2 heavy white and No 1 futures around 2.30. Soybeans quoted near 10.0.
AP USDA arrivals show 687 total U.S. shipments for track trading with 607 old supplies available. Demand moderate with a slightly weaker market. Idaho carrots and Maine bakers listed at $10.35. California long whites price range $7.00 to $7.50. Alabama round reds at $4.50.
Butter supplies adequate and demand fair with prices unchanged. Eggs show decreased demand and spotty buying. Standards quoted at 26 to 27 cents, checks 22 to 23 cents. Whites vary by grade with extra fancy heavy weights at 28 12 to 30 cents, fancy medium Wy2 2lec, fancy heavy weights 28 4 to 30 cents, medium 20 to 25 cents, and smalls 20 to 21 cents.
The article recounts Joseph Joey Grimaldi, famed clown king from the late 18th to early 19th century, who established clowning traditions and influenced the first circus clown at Philip Astley’s riding school in England. He is noted as the first talking clown and a pioneer on horseback.
New nonfiction biography and reference additions circulate for three weeks. Titles include Careers and Opportunities in Advertising Boland Tomb Sculpture Panofsky Mannerism Bousquet Drama Handbook for Churches Brandt Betty Crockers Parties for Children Freeman Winning Badminton Davidson and more.
Tamara Everett, one year old daughter of Mr and Mrs Louis Everett of 607 Twenty first Avenue SW, suffered first and second degree burns on her right cheek neck chest and back when she spilled hot coffee on herself Friday. She was taken by her parents to Mercy Hospital where she was treated and released.
A compact notice promotes a car sale framed for value conscious buyers. It invites readers to check the want ads for available vehicles and pricing details.
The annual Budapest fair opened on Friday with the United States making its first appearance via a national pavilion. This marks a new level of U S participation in the event hosted in Budapest.
Freshman Patrick J. Student at the University of Missouri in Rolla has earned 33 semester hours as a chemistry major with five hours of A work. His overall GPA runs about B while he also played in the ROTC band and Rolla Community Orchestra.
Annabell Worthley 18 from Adelaide Australia will arrive in August to attend school here for a year and will reside with Mr and Mrs Lyle Pleshek.
Prices for corn derivatives listed include corn syrup and starch products in paper bags, with figures for crude corn and dextrin. Tank cars and bags are noted with unit prices and quantities, reflecting a Cedar Rapids factory market snapshot.
Raytheon Co. of Lexington Mass agrees to acquire Dage-Bell Corp. of Michigan City Mich for common stock valued near 3.9 million. Dage-Bell produces closed circuit television and educational studio gear including high resolution cameras and random access teaching equipment. In the year to May 30 1964 Dage-Bell earned 174 094 on 3 million in sales. The deal would be Raytheon’s sixth acquisition in 12 months if stockholders approve.
Registration for Marion branch YMCA summer trips opens June 24 with a 22 to 42 participant schedule. Each trip features a male and female teacher and two high school student leaders, with boys and girls allowed unless noted. The tentative plan lists Cedar Lake fishing, Lake Macbride swimming, Cedar Rapids factories, Dubuque sightseeing, Eastern Iowa trip for girls, Backbone State Park hike for boys, St. Louis baseball, Tama Indian reservation picnic, Olympic games, and Lake Macbride and Noelridge Park activities, among others.
Marion begins street painting for a spring to fall project. Crivaro said crosswalks and parking stalls are being painted by the sign department and the work should finish by late fall. The city usually paints streets in spring before school starts.
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