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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 23, 1962
Page
10
USDA estimates Thursday receipts: 500 cattle 6500 hogs 300 sheep. Hogs steady to strong with top at 17.00 cwt as demand improves. Cattle and sheep show mixed to steady ranges across weight classes in Chicago and Des Moines market reports.
UPI report from Omaha notes cattle receipts at 6, Ives 25. Steers steady to 25c higher, heifers fully steady to strong. Choice steers around 25.00, good and low choice 21.75 to 24.25, several loads 24.75. Pelters and other categories quoted near 24.00 to 25.50 with multiple loads.
Sioux City cattle receipts total 3 500 with calves money. Steers and heifers opened fully steady at top end 24.00 to 24.75 for choice steers and 20.75 to 23.75 for others. Mixed high good and low choice heifers bring 23.50 to 20.50 for good.
AP reports steady wholesale butter prices with slight declines for some grades, eggs largely unchanged with mixed grades noted, live poultry prices steady to down a bit for roasters and fryers. Potatoes show mixed arrivals and shipments with Idaho Russets at 1.30 and California Tong whites around 4.30, market slight weakness.
The New York AP report notes eggs in ample supply on large sizes but burdensome on mediums and smalls with varied price marks. Butter remains ample with fair demand and prices unchanged as market activity stabilizes.
Cedar Rapids market reports steady hog prices on Wednesday with 200 to 230 lb butchers at 14.50 to 15.35 dollars and most 1s and 2s near 15.00 to 15.35. Packing sows under 300 lb 13.00 to 14.00. heavier hogs priced per 10 lb decrements beyond 230. Egg and grain quotes included with eggs at 2iC to 14c for various sizes and No 2 yellow corn at 1.01 per bushel.
Stocks closed sharply lower in heavy trading in New York. Blue chip shares fell to new yearly lows as most groups posted losses of three points or more. Market volume was about 4.9 million.
Representative Rutherford acknowledged receiving a $1,500 check from Billie Sol Estes during a Washington visit on January 17. The splintered report notes the donation came after a meeting with agriculture officials about Estes cotton allotments, with Rutherford stating others from Pecos also contributed.
CHICAGO AP Grain staged another general retreat on Wednesday as favorable weather for maturing the early winter wheat and for planting corn and soybeans kept pressure. Wheat closed 1 1 2 cents lower, corn 4 4 1/2 cents lower, oats unchanged to 1/2 lower, rye 1 1/2? lower, soybeans 4 1/2 to 5 cents lower.
Chicago market notes show no wheat oats or soybean sales. Corn prices listed as No 1 yellow near 1.179 and No 3 yellow around 1.544 with slight percentage change. Soybean oil and barley prices appear incomplete, with feeds and futures figures mixed.
William Mayfield was elected president of the Cedar Valley chapter of Credit Unions Tuesday night. Fred Kraus was named vice president Don Fowler treasurer and Loretta Thompson secretary in the officer slate.
West Berlin police shot two East German border guards who fired on a refugee boy aged 11 at a border canal. The boy, swimming to the west bank, suffered severe wounds and was rushed to a hospital for emergency surgery. Both guards were carried away by ambulance.
Congress began moving toward repealing the tax on railroad and bus passenger tickets and halving air fare levies starting Jan 1. The House Ways and Means Committee authorized drafting the change to preserve about 2.8 billion in other taxes set to expire July 1 without action.
The body of Gary Navy 21 drowned Sunday in the Cedar River at Palisades-Kepler state park was found early Wednesday seven miles downstream. Park officers Cole and Brewer located him four miles south of Ivanhoe bridge at 7 a.m. He was born May 7 1941 in Jefferson County. Surviving are his parents two sisters and grandparents. Services set for 2:30 Thursday at Jones funeral home Washington with burial in Riverside.
Australia announced it will deploy an armed contingent to assist in defending the threatened border of Thailand. The move was disclosed in Canberra on Wednesday.
The 1 000 man army battle group in Thailand lacks ammunition for its weapons though a defense department spokesman said a large supply can be delivered quickly if required. The unit arrived for joint training as live ammunition is not issued during such maneuvers under the defense assistance program ordered by President Kennedy.
Boulder township voters will cast ballots at the new fire station for the June 4 primary after the board of supervisors approved a second relocation from Prairieburg city hall and then the community building following trustees recommendations.
Two 11 year old Marion youths Benny Burns son of Ray Burns and Richard Girard son of George Girard were found camping in Wapsipinicon State Park near Anamosa after police searched for them since Tuesday. They were turned over to Marion police and returned home Wednesday morning. Cadet Roger T Hilton 21 son of Delmar Hilton from Marion is set to graduate at West Point on June 6 and commissioned as second lieutenant. He attended Marion High School class of 1958.
The Marion Junior Chamber of Commerce hosts its second annual teen age safe driving road e o this Sunday at 1 p m in the Marion Shopping Center lot. entrants must be under nineteen by Sunday and may take the written test at the site.
Vacation Bible school at the First Presbyterian church is set for June 4 to 15 from 9 to 11 30 a.m. Kindergarten through sixth grade children may register this Saturday at Westminster House from 1 30 to 2 30 p.m. Mrs Larry Beckett will supervise.
The piece notes a $3.60 dividend linked to a pre Minnesota Davenport event running Sunday through Tuesday. It also lists YMCA activities at Marion branch on Thursday including Women’s keep fit class at 10 a.m. and a grade school trip at 4 p.m. plus judo and men’s activities at 7 p.m. The Investors' Guide by Sam Shulsky discusses investment criteria and the challenges of choosing safe versus growth stocks.
A Des Moines boy, seven, was struck and killed by a city streets department truck as he darted into the street near his home. Mark Clifton, son of Mr and Mrs Marshall Clifton, rushed from school ahead of a thunderstorm, and driver Joseph Brooks said he could not avoid the child.
A $15000 suit has been filed against the city of Oelwein water superintendent Herb Doud and Julia VanderVord in the name of Lane VanderVord by Marie and Leslie Moyle of Strawberry Point. The case stems from a 1960 three vehicle accident in Oelwein where the VanderVord car allegedly struck the city truck and then the Moyle car driven by Mrs Moyle.
In Madrid, one of five Spanish parachute force priests died Tuesday during a jump. The fatal incident occurred as the group carried out a routine exercise, with official inquiries initiated to determine the cause.
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