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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 09, 1964
Page
24
The market ended up Friday led by rail stocks reaching new highs amid active trading. Volume was near Thursday's 5.09 million shares as gains appeared irregularly across listed and unlisted components.
Montreal report from Dr Albert Sabin says cancer research is a gamble and that basic knowledge of cancer is needed before a cure can be developed. He spoke at a Jewish Appeal fundraising dinner in Montreal while conducting work at the University of Cincinnati.
Richard Cardinal Cushing says beatification proceedings have begun for Boston’s first bishop John Cheverus. The native Frenchman who arrived in 1796 is under process in France, per the archdiocesan newspaper.
Diane Kuennen four daughter of Delbert and Mrs Kuennen lay in a New Hampton hospital in fair condition Friday after a cow kicked her Thursday causing a broken leg.
A recurring classified item features Dennis the Menace in daily notices. Readers encounter brief entries highlighting comic strip characters and related ads in the newspaper’s classifieds section.
Hog and cattle futures slip as buyers retreat in Chicago with 130 head of No 1 and 2 grade butchers at 16.75, mostly 16.25 to 16.50, while steers weaken. Des Moines reports similar weakness with U S 1-3 and sow prices easing and weekly receipts noted.
Omaha market report shows slaughter steers and heifers steady to 25 higher with choice steers at 24.00 to 25.00 and a few at 25.25. High choice 1,000 pound heifers quote around 24.10 as USDA data from Cattie tracks the latest prices.
Cattle 1,800 head and calves 500 head cataloged at Sioux City market. Market not established.
Cedar Rapids hog market quotes fell 25 cents. For Thursday bulk 200 to 230 pound butchers brought 15.40 to 15.65 dollars. Sows at 300 pounds were bid 14.00 to 14.50 dollars. Grain and poultry prices listed alongside livestock figures.
Wheat firm on Friday with gains up to two cents a bushel after the Commodity Credit Corp raised cash wheat price to 1.8034 dollars, while soybeans, corn, oats and rye moved modestly in various directions. Traders noted Gulf ports activity and government price support shaping the market.
Chicago market report shows No wheat No oats and no soybean sales noted. Corn prices listed as No 1 yellow 1.27 No 2 yellow 1.27 and No 3 yellow 1.26 with soybean oil at 10.75n.
AP reports steady butter and fluctuating egg and potato prices in Chicago and New York. Wholesale dairy scores vary with 93 AA around 60.4 to 61 cents, 92 A about 60.4 to 61, while eggs show mixed whites and standards at mid to upper 20s and low 30s. Potatoes arrivals and shipments rise, with market firm to slightly stronger and carlot sales in Washington and Wisconsin noted.
Doris Fleeson, nationally syndicated political columnist, is listed in fair condition after suffering a hypertensive attack while reporting on Mrs. Lyndon Johnson's whistle stop train tour in Washington.
William A Weeks Jr 19 of 1045 Oakland Road NE received a 30 day suspended sentence in municipal court after pleading guilty to assault and battery He struck his wife Catherine last Sunday The information was signed by the county attorney Judge Loren Hullinger Jr imposed the suspended term A $200 Christmas shopping money prize was offered in a local contest by KCRG TV 9.
Four Western military attaches accused by the Soviet government of spying on missile sites and other facilities returned to the Soviet Union from New Delhi aboard a jetliner. Officials processed them quickly at the airport and they said they had no plans beyond their return. The group, three Americans and a Briton, included Col. George Aubrey, Col. Karl Liever, Major James Smith and Lt. Cmdr. Nigel Saville.
At a Camden labor rally Humphrey ridiculed Goldwater as unworthy of the presidency and rebutted his New Jersey speech claiming concern for the weak is Americanism. He challenged the Arizona senator’s socialism charge and defended America's traditions.
The Soviet Union accused the United States of trying to wreck the United Nations by pressing a showdown over U N budget assessments. Nikolai Fedorenko told the Security Council meeting on Nyasaland's U N membership that the U N must resolve membership and even its existence.
Marion merchants object to a city tax plan funding off street parking for downtown Marion. They favor a district assessment option under state code with only downtown businesses paying. The group seeks Iowa League of Municipalities support at a Des Moines meeting to place the measure on the legislative program.
Quincy AP Miller says the Republican presidential campaign is on the upswing as Goldwater is no longer seen as trigger happy. He notes Johnson painted Goldwater as warlike, but Republicans have shown him as devoted to preserving peace.
Gerald Nass 38 an employee of the Pioneer Seed Corn plant was injured Friday morning when his hand was caught in a conveyor belt pulley He was taken to a Waterloo hospital for treatment of an injured right hand.
Save money with Gazette Want Ads call EM 2 112 today and see what we mean.
A total of 1662 Cedar Rapids residents registered to vote during the first four days of the outside voter-registration drive said City Clerk Harold Schaefer. Registration continued at city hall and the downtown center with sessions planned next week at Grant school Cleveland school and the Cedar Rapids Public Works building. A voting machine was available for demonstration at the downtown center.
Iowa Electric Light and Power Co will credit gas customers 395 104 from October 1964 bills after a commission proposal. Refunds come from Northern Natural Gas Co and Natural Gas Pipeline Co of America with 6 percent interest from receipt, affecting residential and firm commercial customers.
Montezuma resident Harlan T. Ferneau, 61, died in a two car crash on highway 63 two miles south of Tama. He operated a star mail route from the Montezuma post office for 38 years. Gerald E. Conley, 27, of Columbia Missouri, and three passengers were hospitalized in Marshalltown. Funeral services are set for Saturday at 2 p.m. at Steffy's funeral home in Montezuma.
Advice for a novice investor starting with ten dollars a week. The expert explains that mutual fund asset value can be high due to market levels or share count, warns against penny shares, suggests regular purchases, and recommends a monthly or semiannual schedule to build a quality portfolio. The tone frames cautious but steady long term growth and emphasizes discipline over market timing.
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