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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 25, 1957
Page
3
USDA estimates Saturday receipts include 200 cattle 200 hogs with no sheep in Chicago. Butcher hogs drop 25 to 50 cents, sows down 50. Slaughter steers steady to strong. Des Moines bids show top near 16.40 for barrows and gilts with varied weights and grades across cattle and sheep.
New York. The stock market opened with small losses in quiet hours after noon. Volume neared 2.4 million shares versus 4.03 million on Thursday as key stocks slipped fractions to a point. DOW JONES averages reported by the Francis J. duPonta Company.
Sioux City cattle receipts about 1 000 with a supply shortfall for slaughter heifers and scattered slaughter cows. Slaughter classes steady though buyers weak, average prices around 19.00 for mixed lots and 23.00 for fed steers. Canners and cutters quoted 10.75 to 12.75 per pound, with feeder cattle activity tentative and mixed.
A new comprehensive dwelling policy offers complete protection for a dwelling and its contents, personal effects both at home and away, and liability for accidents on the property. Policyholders can transition without canceling existing coverages and obtain full details with no obligation by calling today.
Ozark Air Lines re elected all officers and directors during the annual stockholders meeting held October 18 at Lambert Field St Louis. Elected as officers were Laddie Hamilton chairman and president Arthur Blumeyer vice president Floyd W Jones treasurer and Arthur G Heyne secretary. Directors renamed include Chris A Bachman Oliver L Parks G O Shaver and Earl W Weaver. Tennessee designates holidays on Lincoln and Davis birthdays.
Grain futures closed irregular with wheat up 1 percent, corn and oats mixed, rye down 4 to up 1, soybeans down 44 to up 1, and lard ranging through 7 to 8 points higher. Cash provisions list grain and feed prices in Chicago markets.
Chicago and New York market notes show live poultry steady at 84 000 lb with various price changes for geese butter and eggs. New York USDA Butter and Eggs prices reflect tentative movement with creamery butter at 60 to 61 cents and egg offerings in mixed lots and standard sizes amid unsettled receipts and demand.
Chrysler Corp announced record dollar sales of 2.7458 billion in the first nine months of 1957, with consolidated net earnings of 103.6 million or 11.87 a share. Directors declared an extra dividend of 1.00 in addition to 0.75 quarterly. Sales rose 4.8 percent from 1956.
Detroit Square D reports consolidated nine month sales of 78.19 million dollars up from 75.24 million year earlier. Net earnings total 6.37 million dollars or 1.24 per share on 5.12 million shares, with taxes before earnings at 13.46 million. President Gordon Patterson cites higher labor and material costs and a six week Cleveland division strike plus start up expenses for new plants as factors.
Henry 8 Wilson of Marengo was fined 300 dollars and costs in district court for selling beer to minors at the West Side tavern. His wife now holds the beer permit for the tavern after the charges were filed last spring.
Alcyone Glover 26 of Macon Georgia is held on robbery with aggravation charges after allegedly drawing a knife on University of Iowa student Ludgrace Schetzer 21 and stealing her purse containing 89 cents near Old Capitol. Glover had just been released from jail after a prior Macon theft and a Cedar Rapids vagrancy arrest.
Dr J Harold Ennis named chairman of the leadership training committee for the Hawkeye Area Boy Scout council serving Benton Johnson Jones Linn and Washington counties. He has 15 years in Scouting and is a Cornell College faculty member emphasizing trained leadership in all units.
Towns end Victory Club No 8 will gather Sunday at the K P hall for 6 pm supper and a 7 30 pm business meeting with officer installation. Also notes on Eagles dance and local ads.
Mr and Mrs Arthur Hunt wed at the Little Brown church Nashua after a wedding trip to northern Wisconsin. They will live at 1205 Eighth Street Marion. Moves include H F Kemp moving to Marion from Cedar Rapids and Mrs Kemp selling Cedar Rapids home as Munsons relocate to 550 Central Avenue Marion.
Little Liz plans a Halloween party tonight at Mrs. Jack Jones's home. New dresses arrive for girls' party. Mrs. Lula B. Wells underwent major surgery Friday at St Luke's Hospital. Mrs. Floyd G. Slauson recovering from left foot surgery at Cedar Rapids hospital. Marion TV ads list records and albums. Chamber of Commerce to hold special meeting and luncheon at Mac's party house Monday noon. Methodist Youth Fellowship barn dance Sunday at 7 pm at Orval T. Rose farm.
Iowa City bids total 455656 for a new four level press box above the University of Iowa stadium. W A Klinger submitted the low general bid 339300 for the structure, with Hagan Company 28760 for mechanical and Fandel Electric 59468 for electrical work. Kimball Brothers bid 28128 for an elevator. Board of Control awaits approval. costs to be funded from athletic receipts.
Chicago safety expert E. J. Emond urged industry to back off the off the job safety issue at the National Safety Congress. He said Chicago industry lost seven million dollars in 1956 because of off the job accidents and cited traffic crashes as a major absenteeism factor. He called for stricter licensing traffic laws and stronger enforcement and engineering improvements.
T Sgt G F Weir 35 of Emmetsburg Indiana was among four crewmen killed when an Air Force flying Boxcar exploded near Midwest City Oklahoma Thursday night. The plane departed from Tinker Air Force Base for its home field Chanute Air Base Rantoul Illinois.
The page lists Gazette classified rates and an array of ads including lost and found items, dance events at Prairie Moon Ballroom and Ely Legion hall, and services from local businesses. It features offerings for hauling, painting, cement work, cleaning, and repair, plus personal ads for child care and tutoring.
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