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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 07, 1956
Page
3
Livestock receipts and price moves show hogs easing about 25 cents with bids around 14.75 to 15.50 for 190 to 260 pound butchers. Prime steers hold near 31 while cattle and sheep receipts of 14 000 and 2000 push mixed results with steers and heifers near steady to higher and lambs edging up. Furnished by Lamson Brothers with Cedar Rapids bureau details.
The stock market cooled to a steady session after a strong early rise sparked by Eisenhower’s victory. Volume later in the day was about 2.7 million shares with roughly a million shares traded during the first hour as traders reassessed gains.
MAHA AP USDA cattle report shows Salable receipts at 7 500 calves 150 fed steers and fed heifers mostly steady to strong with quality softer than Tuesday cows steady to weak with spots 25 cents lower bulls and killing calves fully steady stockers and feeders limited unchained majority choice fed steers 22 50 to 25 00 few loads high choice and prime held around 02 90 good to low choice steers 18 00 to 22 00 choice to prime heifers 24 25 some higher good and choice heifers 17 50 to 23 00 utility and commercial cows 9 50 to 12 50 few commercial 13 00 canners and cutters mostly 00 few strong weight cutters
C R Markets grain prices include corn at 41.18 for No 2, No 1 soybeans at 2.23, native wool at 44 cents, western wool 14 cents. Field grass seed lists alfalfa 9.00 to 10.00, timothy 9.00 to 10.00, clover 6.31 to 7.00, alfalfa northern mixed 200 to 9.100, red clover 6.31 to 7.00.
In Wabash Indiana police raid on a blackjack game outside a factory a nine year old tobacco chewer was taking four other young players to the cleaners at one cent a hand.
New business filings show a sharp drop with incorporations for Dote Dun and Bredstreet reaching the lowest level in two years. Analysts cite slowing demand and higher startup costs as contributing factors affecting small and mid sized ventures.
Grain held within narrow limits in Chicago trading as results of the election appeared to have little impact. Soybeans rose modestly, oats and wheat moved slightly, and rye declined. Des Moines hog bids were fairly active with prices mostly steady to weak around top values.
Sioux City reports 5 000 head on light supplies with strong action for choice steers and all grade heifers, cows steady to higher and bulls steady. Stockers and feeders test prices with loads of choice steers about 22.50 to 24.50 and bulk choice heifers around 21.00 to 23.50, cows mainly 9.50 to 12.00, cutters 10.50 to 13.00, and medium to low good stock steers 14.50 to 18.00.
The listing details live poultry rates for hens and turkeys with price ranges by weight, egg prices near steady for white and large varieties, and potato arrivals and prices including Idaho Oregon Russets at 4.15 and Red River Valley Pontiacs at 2.45 to 2.60, reflecting a barely steady market.
Riverside California Judge Dalip Singh Saund leads Aviatrix Jacqueline Cochran Odlum in California’s marquee race with 49 592 votes to 46 064 as 436 precincts report all but 15. The Indian born judge seeks the Democratic nomination in a historic election contest.
United Air Lines announced a new Cedar Rapids terminal record for October with 3 105 passengers boarding and 2 954 deplaned. The month showed a 7 percent rise in boardings from June 1956 and a 30 percent year over year freight and passenger gain across the system, plus a record freight ton mile figure up 41 percent from October 1955.
New York AP reports the Dun and Bradstreet wholesale food price index eased again this week for a third straight weekly decline. The index stood at 5.95, its lowest since March 27, down from 5.96 last week and 6.00 a year ago, with a year over year drop near 0.8 percent.
Frank D Aquila export manager for Iowa Manufacturing Company will address the Foreign Trade bureau dinner. He will recount his Near East trip including Egypt Turkey and Iraq and a luncheon with Premier Nasser. The 6 36 p m dinner meets at the Sheraton Montrose hotel.
Joanne Zemanek Wanner of Cedar Rapids filed a bankruptcy petition in federal district court on Tuesday listing debts of 1,885.06 and assets of 255 with 100 exempt. The matter was referred to John H. Mitchell, Fort Dodge referee in bankruptcy for the northern district of Iowa.
Three Cedar Rapids men enlist in the navy and depart for Great Lakes boot training. John J. Reber Eldon L. Fowler and Gordon A Breithaupt 19 19 and 18 respectively listed home towns. A Marine officer procurement team led by Capt M W Snow will visit Coe College Thursday to recruit college graduates through summer training programs.
Iowa voters chose across offices with Eisenhower leading Republican margins in president race and Hoegh ahead for governor as Hickenlooper trailed. Senate, attorney general, and other statewide offices show GOP leads with several close Democratic contests and detailed precinct tallies.
The city market will close for the 1956 season this Saturday with a final session and will reopen in spring. Bazaar featuring pork loin supper dumplings sauerkraut coffee and kalaches served 5 30 and 6 30 this Thursday at a Sokol building. Also brief items noting breakfasts and talks at local clubs and upcoming fundraisers and church suppers.
Western officials led by the United States boycotted Moscow’s Red Square parade marking Soviet intervention in Hungary. Defense Minister Zhukov praised the action and warned enemies seek to spoil USSR ties, while noting arms reductions and peaceful aims.
The will of Dr David E Beardsley a longtime Cedar Rapids physician who died Oct 29 was admitted to probate in Linn County district court. His wife Georgia M was confirmed as executor without bond. The will leaves her the couple's home at 2149 Linden driver and sets up a trust for her equal to half the estate plus three specific bequests to Dr Elliott Obb son-in-law and to his grandchildren Julie and Elliott Cobb Jr. The remainder is split in half for Elizabeth Beardsley and Martha Cobb with a fallback provision giving the estate to Coe College St Luke's hospital and Mercy hospital if all beneficiaries die before trusts end.
James Seevell, 21, of Center Point, was sentenced to 10 days in Linn county jail after pleading guilty to driving with a suspended license. Judge J E Heiserman ruled the term starts Monday, with court costs to be assessed. A true information was filed Saturday charging an offense Friday.
Theft of about 60 bushels of corn from government storage bins east of Springville was reported to the Linn County sheriff's office. An official said a hole was knocked in the bin about 12 feet high, with the loss occurring between July 17 and August 3.
S D Buelef of Bertram township filed a counterclaim Wednesday against Ralph A Sharf a grading contractor. Sharf seeks 173 67 in judgment for a grading job done for Buelef. Buelef denies the allegations and seeks 700 damages for allegedly removing a hill altering drainage and damaging the property.
Walker State Savings bank filed suit in district court to foreclose a mortgage on cattle to collect unpaid principal on a promissory note. Defendant Jim Fox allegedly signed for $3,500 on Nov 10, 1952, due by March 10, 1953, with a claim for $2,914.52 plus sale of cattle to satisfy the debt.
Mexico faces a shoe shortage claim from local producers who say four million adults should wear footwear but do not. Report notes Mexico's population near 30 million and links footwear habits to economic conditions.
Allen Harger a 20 year old father claimed kidnap panics as he wandered eight hours from home in Marion. The boy was found on a street corner and later released to Linn county welfare after neighbors failed to identify him and officials traced him to a children’s home.
Gertrude Mitchell Boxell 78 a Marion resident died Tuesday in Berryville Ark. She lived with her son Paul Mitchell. born Maquoketa, moved to Marion 60 years ago. Surviving son, two grandchildren, brother J W Orr, sister Mrs John S Johnson. Services at Haylock O Hara in Maquoketa. Other notes report new Ta Elu Wa Camp Fire officers, visits by relatives, Marion Chamber dinner, hospital check up, and local visits.
Second Ward voters reportedly set a county record with 1518 ballots cast Tuesday. Ward tallies also reported include Ward 3 with 688 Ward 4 with 1000 and Ward 1 with 800. Local PTA meetings and community notices follow in Marion and Lincoln areas.
Former President Truman said he was disappointed that Gov. Stevenson did not win and that Stevenson ran a good campaign. He noted the Eisenhower landslide and added that the outcome will have to be analyzed by historians.
The Norwegian Nobel Prize Committee announced there is no worthy recipient for the Nobel Peace Prize this year.
Eli Shigley a 28 year old Elizabeth New Jersey man was arrested in Cedar Rapids after attempting to trade a 1956 Lincoln for a 1957 model. Authorities found the first car had been bought in Texas with a $4600 bad check and he also cashed a $100 worthless check in Cedar Rapids.
Telegraphic and postal censorship on Cyprus ended last week at the start of military operations against Egypt. Telephone suspensions and restrictions were also lifted.
Police drove off about 800 youths who stormed and wrecked the Swiss Communist party office in BASSE after cries of Throw them out. No injuries were reported and the scene calmed following the incident Tuesday night.
A 64 year old Onawa woman Miss Walborg Holmson was killed Wednesday morning when struck by a car in Onawa. The incident marks the state's latest traffic victim.
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