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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 17, 1957
Page
3
In Chicago hogs were weak to 25 cents lower on butcher hogs while steers held fully steady and sows showed mixed pressure. Des Moines receipts totaled about 70 000 with prices mostly steady to weak. top hog price near 16.90 and cattle loads ranged 21 to 26 dollars per hundredweight depending on size and grade.
OCR fragment lists beef or pork price per weight range with varying pounds and dollars. Mentions weights from 160 to 550 pounds and prices from 13.00 to 16.50, with multiple bracketed ranges and misread characters. No clear event or entities beyond standard market pricing.
Cattle receipts 1,500 calves 450 with fed steers and fed heifers steady. Slaughter cows slow to weak. bulls and vealers steady. Stockers scarce. Good to top fed steers 20.50 to 24.00, several lots at 22.50 to 23.00 for choice fed heifers. Cows 12.25 to 15.00, canners 10.75 to 12.00, light canners down to 10.00, commercial bulls 16.75, dealers 22.00 tops.
Sioux City livestock market report shows cattle receipts at 3,700 and calves at 600. Slaughter steers and heifers mostly steady with high choice and prime 1,100 lb steers around 25.00 to 25.25. Most choice steers 23.25 to 24.00, good and low choice 20.00 to 23.00. Most choice heifers 21.50 to 23.00, some good and low choice 18.50 to 22.25.
The listing shows native wool at 47 cents and western wool at 42 cents per pound. Corn No 2 yellow around 1.01, No 1 soybeans about 2.05, and various poultry prices for market and checks. The fragment includes misc commodities and price notes with incomplete data.
Anxiety over the Syrian crisis spurred heavy selling on Thursday driving key stocks to new lows for the year. Losses of one to three points appeared on major issues while others fell more. volume reached 3,060,000.
Iowa Highway Commission reviews and approves projects for November 12 setting. Measures include widening 3 miles of Iowa 56 in West Union and grading bridge and culvert work on 6.3 miles of Iowa 22 into Nichols.
New York reports incoming orders for Chicago Pneumatic Tool remain healthy with backlog above year start. 1957 earnings for Consolidated Electrodynamics may drop below $1 a share versus $1.35 in 1956, while Sperry-Rand is expected to rise above $1.74 and possibly exceed $2 in 1958. Olin Mathieson around $3, Sunshine Biscuit near $6.50, National Biscuit up to about $3.25.
New York AP reports Fruehaut Trailer Co. did not declare a common stock dividend at this time. The company had paid a 2 percent stock dividend in September and had issued a 35 cent quarterly dividend previously. Separately, a note mentions Muslim women in Pakistan wear a Burga outdoors to cover the face and figure.
Chicago prices for grain and soybeans showed an overall firm tone amid international developments. New crop wheat rose about 7 percent, corn edged up, and soybeans gained modestly with various futures and cash quotes listed for wheat, corn, oats, soybeans, and related products.
Live poultry around 104000 lbs no price changes reported. Cheese steady with various dairy item quotes and grade prices. Egg quoters steady with 5900 cases of eggs and different size classifications. Idaho russets at 3.90 per cwt and Red River Valley russets at 2.90 per cwt. New York butter steady with receipts around 348000 and AA to B grade prices. Market described as dull with moderate to slow shipments and assorted weights and grades across overall produce lines.
Harry B Hall underwent surgery at St Luke's hospital. DeVAr Restaurant expands hours from 6 am to 2 am, closed Wednesdays. Milo Loomis Jr 27 has a 30 day license suspension for speeding with an expired chauffeur's license. Pete Seeger concert at Peoples Church 7 30 pm. Pierson's Florists sells tropical foliage at 1800 Ellis Boulevard NW. First Family Film Night at the public library features The Great Adventure with showings at 4 and 7 pm. Earl Robinson replaces Seeger tonight at Peoples Church 7 30 pm.
Army recruiters in Cedar Rapids announced enlistments for six Gyroscope units. Recruits John F. Lalla and John W. Huston, both 18 from Iowa City, will train at Fort Carson Colorado. Lalla will serve in military police duty and Huston in the signal corps. The Gyroscope units already serve in Europe and will rotate back after basic training here. The units include an armored cavalry outfit, three field artillery units and two engineer units.
More than 100 Marion volunteers join the United Fund of Cedar Rapids and Marion in raising 495,016. Dale Miner chairs the Marion drive with division leaders in two main sections and numerous teams. Campaign meetings are set for October in Cedar Rapids with a November 1 completion target. Also noted are a Marion High School Homecoming Dance and a 4-H hayride event with local students and leaders attending.
Traffic docket in Marion includes fines for beer on highway violations and operation of vehicles with restricted licenses. Multiple defendants from Cedar Rapids Center Point and other towns faced penalties from justice of the peace M H Biddick and Marion police judge Miles Adams. Fines range from 5 to 25 dollars with bonds forfeited or jail time for nonpayment.
James Wessling 21 of Watkins dies in a one car crash on highway 149 two miles west of Walford. Passenger Richard Alberts 21 from Norway suffers injuries. Wessling’s death lifts Iowa's 1957 traffic toll to 567. Services set for Saturday at St. Patrick’s Watkins. Knights of Columbus plan Rosary march.
Fort Dodge officials and Iowa-Illinois Gas and Electric Company said they will not pursue further steps after a state supreme court ruling. The court granted about one fourth of a cent per 100 cubic feet in the gas rate. the firm sought 1.3 cents while the council limited the increase to about one third of a cent.
47 year old Cedar Rapids barber W. E. Barlow left home Wednesday for a short hunting trip and did not return by Thursday. He was heading toward Shellsburg or Mt Vernon in a tan and blue 1956 Buick and resides at 1611 Fifth Avenue SE.
A Tipton city hall teen dance is planned for Friday from 8 30 p m to midnight. Teens will dance to records at the event hosted for local youths.
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