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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 12, 1963
Page
1
New York AP report notes rails held gains amid a mixed market as shares traded in the broader Industrial sector show uneven movement. Investors watch USS wheat to Russia and other geopolitical factors while various railroad and industrial names appear among notable movers.
Wednesday estimates show hogs off 25 to 50 cents with mixed cattle results. Slaughter steers steady to 3 lower. slaughter heifers up to 25 higher. Cattle receipts around 40,000 with varied bids. sheep and lambs trading higher in thin offerings.
Livestock prices show mixed results with hogs at Waterloo and Amana bars, weights 212 to 400 pounds, quotes around 12 to 14 dollars per hundredweight. Cattle and calves at Omaha prices reflect steady to lower bids. hog prices in Cedar Rapids and New York produce markets indicate slight declines, with produce and eggs trading amidst fluctuating demand.
Council approves certificates of acceptance on McGowan’s twenty second and twenty third additions with Iawa Highway Commission having final say. Jaycee request discussed. no action on keeping gast-west alley open year round behind Seventh Avenue. Putter named to assemble bill for subh mites of Wears, Laurence maintenance. Street department tractor bid discussed. current machine to be replaced. Car operator license for Cletus Knowles denied per police. Sale of alley between Twenty second and Twenty third streets approved for adjacent Dehel owners with hearing set for Dec 2. Midland County te Nico Go paying program report received. no action.
Penick and Ford announces a 71 cent per share dividend from earnings for the fourth quarter, payable December 14 to stockholders of record November 22. The board set the rate at a small ing Tuesday in New York, matching the dividend paid in the prior sixteen quarters.
William Kinnick 26 a University of Iowa graduate student died of a self inflicted gunshot wound at University hospital Iowa City found by his roommate in their apartment La Vera Eveland heard the shot. He was near his Ph D and cousin of Nile Kinnick. He had worked part time in Hoover library.
Aviation shares surge as investors weigh earnings and market trends. Airlines Zoom shows gains in midday trading amid cautious forecasts from major carriers and changing fuel costs.
Chicago area grain futures showed mixed trading with declines widespread and bullish factors scarce. Early gains appeared only in new crop wheat and soybeans as corn oats rye and soybeans moved down, with cash provisions and option rates listing mixed numbers.
A reader asks for a booklet on low priced stocks and explains lack of such material. The column discusses cautious investing, government savings bonds, and how older series now earn interest while suggesting shifting to broader investments. It notes consumer caution and references specific bond series and terms.
Public notices announce the appointment of executors for estates in Linn County Iowa and a hearing on a sanitary sewer project. The Cedar Rapids city council invites bids for bonds up to 200,000 dollars for sanitary improvements, with dates for filings, hearings, and award procedures.
Des Moines UPI reports the Iowa Liquor Commission approved a liquor by the drink license for Merl's Tap in Cedar Rapids for the next year. The action grants the establishment permission to sell alcoholic beverages on site under the license terms.
A jumbled OCR fragment shows lines about lost items including a yarn box near Washington Awe and a phone contact, plus numerous help wanted ads. Listings mention buried vaults and monuments, employment openings for sales, service, farm work, design, and part time positions with requirements such as having a car, being bondable, and immediate start.
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