10 Nov 1959
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 10, 1959
Page
1
Shares moved unevenly in New York trading with turnover around 3.1 million. Ford fell about 4 points earlier, later trimming the loss as reports said the Ford Foundation plans to sell 2 million shares of Ford common stock.
C. R. Markets Wilson and Company report a temporary suspension of live stock markets with no markets issued and no livestock received until further notice. Poultry values listed include broilers and hens, eggs show mixed prices, wool and grain ranges noted. plant delivered eggs fetch higher prices, and Soybeans and corn figures are provided.
A vintage ad slogan framing classified sections as the market place of millions. The line emphasizes ads as a broad, reachable channel for buyers and sellers in a bustling marketplace.
Chicago market report from AP USDA estimates 14 000 cattle 7 000 hogs 1 000 sheep. Butcher hogs over 230 pounds declined up to 25 cents Tuesday while other market trends remained steady to strong. Slaughter steers were generally steady.
Chicago reports mixed hog prices by weight with steady to strong trends for different classes. Cattle and calves show steady to higher ranges with higher quality stock, while sheep market notes load slaughter lambs steady to weak and price ranges for various weights. Des Moines prices indicate moderate activity and steady prices across butcher and sow categories with broad weight-based ranges.
UPI dispatch from Waterloo lists steady to lower bids for steers and hogs across weight classes. Prices range from about 8.75 for light steers to around 12.50 for heavy groups with midweek quotes showing 10.25 to 12.35 in several brackets.
UPI reports 9,000 cattle receipts with calves 200. Fed steers at 1,126 pounds and other steers mostly steady, heifers fully steady. Part loads around 1,100 pounds with steers at 26.75, majority choice 24.75 to 26.00, good and low choice 23.25 to 24.50.
UPI reports Sioux City livestock receipts 6 500 cattle with calves 300. Moderately active steers steady to strong, heifers steady. Load high choice prime 1 175 lbs at 27 00, choice steers 24 75 26 00, mostly high choice with prime end 26 25. Choice heifers 23 50 24 50, few loads 24 75 7 25.
The Sally Evans Show airs weekday mornings at 11 with homemaker tips and household hints. Hosts discuss cooking, cleaning, budgeting, and time saving ideas aimed at busy households.
Selected stocks trading under liquid book value include Murray Corp Spencer Kellogg Hort Scheff Mars Hamilton Vetch Indus Rayon Baldwin Lime Bond Stores Alco Products Thew Shovel End Johnson Holland Furnace Republic Av Singer Mfg Glenmore Distill Publicker Indust with cash and current assets noted by Beta Standard & Poor Morris Kote
Chicago market notes show soybeans and corn retreating after a week of gains with some profit taking and hedge selling. Oils and meals drop as grains finish mixed with wheat up and oats and rye slipping.
Chicago AP notes no wheat oats or soybean sales. Corn marketing quotes No 2 yellow 1.13 and No 5 yellow 1.02 to 1.03. Soybean oil at 8.00. Barley prices range 1.15 to 1.25. Feed grain quoted 0.90 to 1.93 per unit.
Live poultry figures show 80 000 lbs with turkeys 28-30c ducklings 24c geese 24-30c. Cheese pricing lists various grades with singles at 39-40c, Swiss A 44-46c. butter steady with multiple scores noted. Eggs steady at near 32c for extras and 24-26c for mediums standards. Potatoes arrivals 5 on track 263, total US shipments 429. russets demand slow, round reds moderate. Tolaho russets 4254.55. Red River Valley Pontiacs 2702.90.
Butter demand fair with moderate activity as receipts reach 667 000 pounds from a creamery. Butter ranged 64 to 65 cents for AA 93 score and 64 to 65 cents for A 92 score, MB 64 to 65 cents. Eggs show increased demand yet quiet activity with receipts 17 200. Egg products priced at 48 to 50 cents for extras 48-50 pounds, 32 to 34 1/2 cents for extras medium, 23 1/2 to 24 1/2 cents for smalls, and 31 to 33 cents for standards large 31-33c.
William Pierce, 28, route 1, forfeited a $25 appearance bond to police court on a charge of driving while license suspended.
City briefs report Sunshine Mission board meeting Friday at 12 30 PM and Kiwanis Club speaker Wednesday at noon at Roosevelt. Banks to close Wednesday for Veterans Day. Advertisements note Ruth Thompson in hospital and blooming chrysanthemums for sale. Chess and coin clubs schedule meetings. Lana's Klip n Kurl opens Saturdays and evenings. Mizpah Lodge fellowship work and Embassy wild game dinner set. Mercy Hospital treats Mrs Burke Schimmelpfenning after heart attack. Baton winner Marcie Burkey placed second and third at Glen Carbon Illinois contest.
The Wilson and Company plant work stoppage entered its 12th day with no change in stance. Production remained small but slightly higher than prior levels. The union counted similar worker entries as before but noted three workers who had been employed previously had left.
Verlyn Larson, 36, of Martello, faced a jury trial in Judge Charles Penningroth's court on a breaking and entering charge. He allegedly broke into Ace Electronics the night of Oct. 9. Jurors include Donald L. Waddle and others with John W. Akers as an alternate.
The will divides the estate of Cora J. and her son Wilbur A. Robertson equally among their five children after both parents pass away.
Six East Iowans enlisted in the air force with basic training at Lackland Texas. Gerald L. Davis Edward F. Handley Lyle D. Howell Curtis F. Gilson Thomas E. Jensen and Robert J. Stafford are headed to different technical tracks. Gary J. King, 24, has switched to the navy after earlier army and air force service. Roland L. Hausman, 18, Monticello, enlisted in the army for a supply procedures course.
Dorothy E. Jones sues Dr. Glen W. Harvey alleging harm after he changed her diabetic treatment from insulin to metahexamide on April 9. She contends the drug caused illness requiring hospitalization April 11 to 18 and that metahexamide was dangerous and unaccepted. Harvey asks to force specifics of tests allegedly omitted. Also listed are two account suits: J A Dodd and Sons vs. Harry W Scheele for $198.90 and United Merchants and Manufacturers Inc vs Thomas G and George Kacere for $540.63.
On November 2nd 195 the undersigned Jane Hana was appointed executrix of Jessie Wurater deceased of Linn County Iowa All persons indebted must pay promptly and those with claims must file with Linn County District Court Clerk Carl Hendrickson attorney for the estate
Will of John A Robertson dated October 18 appoints two sons Paul E Robertson and Kenneth A Robertson as executors and trustees of a fund for the care of his wife.
A jumble of small ads includes sheet metal vents, parking in rear, sodding and grading, babysitting offers at home with references, and hourly tours via dial numbers. Emotional tone suggests CVs and neighborhood services in a local paper.
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