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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 28, 1962
Page
13
USDA estimates Tuesday receipts include 7 000 cattle hogs and sheep with hog prices trading 25 cents lower. Butchers steady to mostly lower across weight ranges. cattle futures show mixed gains and losses with varied steer and heifer quotes. Iowa hog prices in Des Moines show steady to 25 cents lower versus Saturday with receipts and weight classes detailed.
New York suffered a steep market slide with the fastest selling surge in years. Blue chips and utilities faced sharp declines as AT&T and IBM dropped to yearly lows while overall volume neared 8 million shares. Sioux City and Omaha livestock markets reported rising cattle prices in regional feedyard data.
Cedar Rapids hog prices moved steady to down a quarter with Saturday bids for 266 to 230 lb butchers at 14.50 to 15.35 dollars and a few at 15.56. Most 1s and 3s sold 15.00 to 15.35 delivered to the plant, while packing sows 300 lbs and down ranged 13.00 to 15.85.
Mt Pleasant Iowa Wesleyan college conducts commencement exercises Monday June 4 at 10 a.m. with Dr Dan Throopsmith Hof of Harvard University as speaker. Degree recipients include Mary Ann Shaw Lone Tree Rex Michel James Morris Diana Thorburn Sigourney Dorothy Hoppe Traci and Donna Kay Wehrmeyer Riverside and other graduates earning bachelor and arts degrees.
Cedar Rapids airport paving shows more than half of the original runway work finished with the old east west runway in operation. Final half of the northwest southeast runway was delayed by rain while three alternating lanes were poured and two strips were added to warmup pads and taxiways.
Chicago grain trade shows mixed moves with rye and soybeans slightly up and down. Wheat slides about 0.48 to 0.65 cents a bushel, corn falls around 0.34 to 0.13, oats drop 0.14 to 0.14, rye ranges 0.44 higher to 0.24 lower, soybeans swing 0.04 up to 0.02 down.
A recurring feature titled Dennis The Menace runs daily in the classified section, likely a comic or humorous item appended to ad columns. The format mirrors other classifieds with brief notes and doodled panels, aimed at lightening reader mood.
The So'vient Union donated a 50 ton research vessel to the Indonesian Academy of Sciences officials said. The transfer supports scientific work and oceanography study in Indonesia's waters.
Three people suffered minor injuries in a two-car collision on highway 74 near Edgewood road NW at about 11 50 a m Sunday. Williford Cooley of Palo and his sons Robin 4 and Ernest 15 were treated at Mercy hospital. Arthur Beck of 1630 Zika avenue NW driving west was involved and charged with failure to yield.
A school project guidance column notes the NYSE gains respectability, offers a booklet suggestion, and places U S Steel at 103.25 high and 69.75 low in 1960 along with American Telephone at 108.50 high and 379.875 low. It warns that markets are not split into long and short range profits and provides growth and dividend stock lists.
Maurice J. Bouffard, stationed in Cedar Rapids, earns a retroactive promotion to sergeant first class to May 11 after reenlistment and reassignment to the Cedar Rapids recruiting office. Navy reports one reenlistment and one new enlistment at Camp Pendleton and San Diego. Joanne Marcus, Davenport WAC recruiter, will visit Cedar Rapids June 5 to interview prospects. appointments via the local recruiting office.
Seven men women and children were stranded on a rock in Eastchester Bay for four hours as the rising tide cut off the path to shore. A police harbor boat rescued the group about 200 feet from the shoreline.
City briefs report updates on local meetings in the Roosevelt hotel including the Convention Bureau and Civic Bureau of the Chamber of Commerce. Notices mention services by the Navy Mathers club and Farm Bureau speaker Gil Cooper at 610 Thirty-third Street SE. A correction clarifies a past bullet about a shooting injury was misattributed to a different child.
Hopkinton William Harris 76 died Sunday from burns suffered April 9 when a trash fire spread to his clothing. Survived by wife, a daughter Mrs Herman Yossi of Monticello, eight sons Eldon West Union Glen Manchester George Littleton Conn Harry Russell Frank Clea William Harris Jr, and nine grandchildren. Body at Goetisch funeral home. services tentatively set for Thursday afternoon.
James Allman 18 of Hiawatha pleaded innocent Monday to consuming liquor as a minor with a June 7 trial date set by Police Judge Miles Adams. Bobby Arto DeShane 24 of Cedar Rapids pled to making liquor available to minors with a June 5 trial. Each posted a 105 bond. Two other minors received one day jail terms for same charge, James White 20 of Cedar Rapids and Rose Marie Wood 17 formerly of Cedar Rapids. Police said arrests occurred Friday night.
Lela Stinger Lewis 70, formerly of Marion, died Saturday evening in a Chat tahoochee Florida hospital. Born October 1 1891 in Marion she is survived by son Chauncey Lewis Jr of Temple Texas daughter Betty Fowell of Orlando five grandchildren a half brother Francis Stinger I of Mt Vernon and a half sister Mes Wayman Harbaugh of Marion Services are being arranged at the Murdoch chapel.
A Mister Lofty representative urged an amendment to allow truck type vehicles to operate after sundown. Attorney Carl Hendrickson argued a ban could put the firm out of business and noted the lit trucks are visible from afar and location stays for an hour or two. Mayor Johnson said the council will study the proposal further next Monday.
Geneva AP reports Henry Blackmer died at his home at 92. Once Colorado’s leading lawyer, railroad owner, mine magnate and oil man, he built fortunes before fleeing to Europe in 1924 to escape Teapot Dome testify. He was known as a “child of the gas” and a financial wizard.
Actress Tuesday Weld stars in a TV drama about a girl whose story intersects with the Dr Ben Casey medical world. The program airs Monday at 9 PM on IKCRG TV.
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