Steers Financial and Market News Steady to 25 OFF
A Tuesday market note reports steady financial trends with a 25 point dip noted in steer prices. Analysts cited cautious trading and limited demand as factors behind the modest declines.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 13, 1969
Page
14
A Tuesday market note reports steady financial trends with a 25 point dip noted in steer prices. Analysts cited cautious trading and limited demand as factors behind the modest declines.
Chicago and New York trading desks report mixed moves as hogs falter and sows hold steady, while slaughter cattle ease. Dow and broader averages gain modestly on late-session buying led by select adders like Syntex and Seac. Volume surges with numerous blocks traded as investors weigh corporate results and inflation signals.
Market notes report Cedar Rapids hog prices by weight range with price reductions per grade and Monday transaction details. Cattle quotes include steer and heifer bids. daily Omaha livestock desk notes steadiness with typical pressroom jargon and a few price anchors.
Washington AP reports three Iowa college presidents joined a national call for a faster U S withdrawal from Vietnam. The signers include Glenn Leggett of Grinnell College Samuel E Stumpf of Cornell College and Joseph E McCabe of the college.
Soybeans rose about six points and corn near four as profit taking trimmed gains. Traders weighed a government crop estimate, weekend precipitation in the central United States, and forecasts of more snow and colder weather. Wheat edged higher, corn up around one and a half cents, oats fractionally higher, with rye up one.
Iowa District Judge Wade Clarke postponed a decision for at least two weeks in Richard Turner's suit against the highway commission. Turner seeks to block relocation of the highway offices amid a legislative directive and potential personal action against commission members if moves proceed. Clarke instructed Turner to file a new brief within a week and gave the defense two weeks to respond.
Des Moines Governor Inbert orders rapid review of Oakdale Medical Unit security after three inmates escaped Saturday night. Officials say the double fenced hospital with barbed wire has weaknesses. one escapee recaptured while two remain at large Monday. Names and details about inmates and officials are provided by Dr. Douglas Johnson and others.
Cedar Rapids building safety reports multiple campaign signs violate city ordinance. Signs may not be on public property or within 29 feet of intersections, with size limits. Political signs now allowed in residential areas but must be removed within seven days after the election on October 21 and November 4.
William Tharp and William Phillips, both of Vinton, were arrested Sunday night and booked into Linn County jail on charges of larceny of a motor vehicle. Deputies were called to Young's Service Station in Palo to investigate a truck report after Charter Young said he had not given permission to drive the vehicle. The pair await preliminary charging.
Northern Ireland violence flared as Protestants clashed with Catholics on Shankill Road. British troops used tear gas amid claims of fatalities and injuries, with reports ranging from three to seven dead. Prime Minister Chichester Clark urged calm while troops faced the crowd and police chief changes stirred unrest.
PLA Board and Jefferson high PTA plan a special meeting at 7 30 pm Thursday at the school. Ambassadors Lounge East Mation hosts ladies night and dance every night. A hospital patient at Mercy is listed. visitors allowed. Painting and papering services advertise. Burrier contact listed. Shooting at a residence attributed to a single culprit. tools valued at 125 dollars stolen from a garage.
The Gazette reports two drivers faces reckless driving charges after a Sunday morning collision near Hiawatha when Moore allegedly weaved to block a pass. Both cars left the road, struck a ditch, and overturned. no injuries were reported.
In Bolton England an RSPCA official reports a poodle named Larky tripped while walking due to excessively long hair. The owners were fined 190 and banned from keeping a dog for ten years after a court ruling.
In Santa Rosa California readers report seven springs near a resort site have resumed flowing after a recent quake. The revived springs form pools and shimmering water features, recalling the 1900 earthquake that previously shattered the area.
Dr Ned Ratekin president of the state unit of the international Reading Assoc will speak Thursday at Cedar Rapids Area Reading Council meeting in the Wilking Building Linn County. Topic "Motivation for Reading in Today's World." Mrs Clifford Wilkins heads the local group affiliated with TRA promoting reading instruction.
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