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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 26, 1962
Page
1
USDA estimates on Tuesday place receipts at 2500 cattle 8000 hogs and 1000 sheep in Chicago with hogs mostly 14 500 slaughtered and prices down up to 50 cents per hundredweight. Cattle trade shows steers 50 cents lower in slow activity while hogs skew lower across weight classes and sow bids fall.
Des Moines livestock reporters note butchers and sows mostly steady to 25 cents lower than Saturday. Receipts estimated at 80 000 Monday with week and year totals around 86 000 and 79 000. Butchers priced 200-220 pounds at 16.10 to 16.65, 220-240 pounds 15.10 to 16.10, 270-300 pounds 14.70 to 15.25. Sows 270-330 pounds 14.50 to 15.65, 330-400 pounds 13.75 to 15.15, 400-550 pounds 12.50 to 14.59.
The record shows a Waterloo AP listing of hog and pig weights with varied price points per hundredweight, spanning 50 to 500 plus pounds. Prices range from about 12.50 to 16.25 per hundred, with many brackets for specific weight intervals and sow categories.
UPI reports receipts 18 500 cattle and 1 000 calves at Omaha. Slaughter steers and heifers move slowly with few early sales weak to 25 cents lower. Some loads show better bids with good and choice steers at 25.25 to 28.50, end prime heifers around 28.75, high choice heifers near 28.50.
Cattle receipts at Sioux City total 15 000 head with calves 8 000. Slaughter steers and heifers moved slowly as buyers were scarce. Load chosen slaughter steers brought 28 75 and loads of mostly average choice heifers brought 28 00.
Prices at the Cedar Rapids hog market were steady to a quarter lower. Saturday butcher 200 to 230 lb hogs brought 15.25 to 16.25 dollars, with most 1s and 2s at 15.75 to 16.25 delivered to the plant. Packing sows under 300 lb ranged 14.25 to 15.25 dollars. heavier hog classes saw price declines per weight group. Cattle, eggs, and grain market snippets follow with varied quotes and items.
A 3 year old girl playing with matches started a closet fire in Lincoln Way Village. Janice Heldt, daughter of Mr and Mrs Evan Heldt, was reported as the cause. The family escaped with neighbors. no injuries. Firefighters controlled the blaze quickly with damage limited to bedroom and closet.
New York stocks fluctuated after a morning surge as most major shares showed mixed moves. Trading volume reached about 5.5 million while aerospace issues led by General Dynamics and Grumman Aircraft gained on a weekend jet fighter contract award worth billions.
Robert L. Cray aged 43 of 512 Eighth Street NW was sentenced to 30 days in county jail at hard labor after pleading guilty in municipal court to false uttering of a check. He allegedly wrote a $10 bogus check on September 8 and cashed it at Hy Vee store 1843 Johnson Avenue NW.
Local classifieds list a range of real values for items and services available today. Readers can find household goods cars jobs and rental options with prices and contact details across market sections.
Grain prices varied in Chicago on Monday with old crop wheat drawing strongest demand and rising up to a cent or more, while corn rye and soybeans showed weakness. Wheat finished 14 cents higher, corn 4-5 lower, oats up to 4 lower, rye 1 cent lower, and soybeans 5 to 14 lower in the afternoon.
Chicago cash market notes no wheat or soybean sales. Corn prices listed for No 2 yellow to No 5 yellow with varying cents per bushel and percentages. Oats and barley prices shown for No 1 extra heavy white oats and choice versus feed barley with bid ranges.
AP reports wholesale butter prices steady to higher with mixed gains and declines across grades. Eggs hold firm with whites and mediums near 33 to 40 cents. Live poultry prices slip 1 to 2 cents on roasters and White Rock fryers. Potatoes show mixed arrivals and dull demand with russets steady around 4 dollars and red round varieties near 2 dollars, Wisconsin russets around 3.85.
New York markets show butter adequate with demand easing to scores around 93 AA and 92 AS and 90 SB. Eggs appear fully ample for large whites but short on standards and checks. demand strong for standards and checks while balance extras remain adequate.
Sam Shulsky answers readers on stock topics. He explains that holding Westinghouse Electric cumulative preferred stock yields 4.4 percent with $3.80 annual dividends and potential redemption value. He cautions about risks and notes a 1959 Magic Mountain stock float followed by bankruptcy in 1960.
New Delhi AP Indian spokesman rejects key provision in Communist China cease fire plan. China would keep troops inside Indian territory and set the border within Indian land, India claims. India demands withdrawal to pre Sept 8 positions and posts to be reestablished. US and British missions plan to strengthen Indian defenses as tensions rise.
City briefs announce Cedar Rapids State Senator Martin Wiley speaking on Iowa roads at the Embassy club then Master Tailor refitting services. Harlan Stubbs to speak on natural foods at the YWCA. Veterans of World War I Barracks 695 meet with a health talk. Also reports of a stolen half-ton chain hoist from Elaine Chesmore and tools including a tool box from Haegg Construction Co. shop.
The Food and Drug Administration is examining Postafen use in the United States following Sweden reports that the drug may cause deformities in unborn babies. A spokesman said there are no adverse effects reported in the U.S. to date. The drug is available as tablets containing the antihistamine Euchlazine and as suppositories with another antihistamine.
In Traf fiume, a mountain village near Novara, residents will endure nearly three months without sunlight as winter sun is blocked by surrounding peaks from late November to mid February. Nearby Orasso experiences two sunrises and two sunsets daily due to its double-valley geometry.
Kenneth D Brandt 43 a Springville resident died Sunday in a Cedar Rapids hospital He was born April 20 1919 in Gillmore City and served in World War II He was married to Leona Rieniers in 1938 and worked as general sales manager for Central Sales and Service Des Moines Surviving are his wife his parents a daughter a brother and a sister Funeral services set for 2 pm Tuesday at the Lutheran Church of Resurrection Marion burial at Cedar Memorial. visitation at Murdoch chapel Marion and Wantads before services
Vatican City AP The Roman Catholic Ecumenical Council began exam of a unity thesis aimed at Orthodox and Protestant relations. Cardinal Cicognani said the document seeks reconciliation with separated Orientals while affirming core Catholic doctrines.
Guatemalan army swiftly quashed a Sunday revolt after air force rebels strafed the presidential palace and an army barracks from two commandeered warplanes. President Fuentes blamed Fidel Castro for the abortive coup and said it targeted his banana republic. Three civilians died and about 30 were injured, including Mrs. Philip Snare, wounded by a bullet while by a window.
A 16 year old, Jeff Pierce, was injured Sunday when his car failed to negotiate a curve a mile west of Guttenberg and rolled over. He is listed as a patient at Guttenberg hospital. This was one of three crashes in five hours in the region reported by Highway Patrolman Ellwood Schaffer.
The October 30 1962 Linn County Iowa board meeting approves minutes, reports, and a secondary road assessment district filing. They grant burial wire crossing rights to Northwestern Bell, set a December 4 1962 hearing, and adopt parking prohibitions on a joint Cedar Rapids Linn County pavement project. They approve plat access conditions, approve claims, and adjourn to November 6 1962.
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