15 Sep 1959
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 15, 1959
Page
1
Chicago reports Wednesday receipts of 15 000 cattle 8 000 hogs and 1 500 sheep. Butcher hogs steady to strong and sows up to 25 higher while cattle and calves show mixed moves with high choice and prime grades lifting prices. Grain quotations follow.
Des Moines reports Tuesday receipts near 80 000 for the week 82 000 the prior period 74 000 year ago actuals Monday 80 000 Steady to 25 higher. Butchers quoted 180 200 Ibs at 12 25 12 50 200 220 Ibs 13 15 13 75 220 240 Ibs 12 95 13 75 240 270 Ibs 12 65 13 45 270 300 Ibs 12 25 13 00 Lows 270 330 Ibs 11 85 13 25 330 400 Ibs 11 10 12 75 400 500 Ibs 9 60 11 75.
New York stocks closed down Tuesday after trimming losses. Volume was about 3 million. Dow Jones averages reported. In Omaha live cattle, steer and heifer sales were slow with declines of up to 25 cents. prices ranged from 24,506 to 28.00 for top steers and 23.25 to 26.85 for good heifers. cows rose to 16.50 and up.
UPI reports live hog prices with price quotes across weight classes. Buyers noted 15 to 25 higher for butchers while sows and heavier hogs show varied quoted ranges in pounds and dollars per hundredweight.
Cedar Rapids market quotes plant delivered prices for good No 2 butchers and sows. Meaty No 1 high yielding hogs quoted 50c above, No 3 overfats 50c below the base quotations.
Sioux City livestock market reports 6,500 cattle and 100 calves. Slaughter steers weak to 25 cents lower, some heifers steady but not fully established. Select steers bring 26.75 to 27.50, high choice loads up to 28.00, several heifers over 300 lbs show 225.50 to 26 per cwt.
Pvt. John Sojka of Ft. Bragg North Carolina was critically injured in a Labor Day auto accident near Statesboro Georgia a crushed chest injury left him in critical condition two companions were killed Leonard Sojka of 1032 Thirty-eighth St SE received word of the crash and says his brother is now showing some improvement after the preliminary danger period
Wayne Gon nerman, 20, of Sumner, is in good condition at University hospitals with paralytic polio. This is Bremer county's first polio case. He had received no polio vaccine shots.
In Chicago trading soybeans rose on short covering while September corn faced liquidation. Wheat gained about 1 percent, and oats and rye moved mixed as traders priced grain futures with uncertain demand.
The Chicago market reports no wheat or soy bean sales. Corn prices range from No 1 yellow 1.20 to No 3 yellow 1.18. Oats list No 1 heavy white at 67 4 cents, and heavy/extra heavy white at 67% with unclear decimals. Soybean oil at 39.00. Barley malting 1.15 to 1.20, feed 0.88 to 1.05.
UPI Chicago station notes steady market with no USDA price changes. Live poultry at 98,000 lbs. cheese and butter quoted with several grade ranges. eggs firm at multiple sizes. potatoes arrivals 82, on track 210, total U S shipments 371, with Washington russets $4.05-4.25 and Wisconsin round reds around $1.95-2.05 per cwt.
Butter ample and demand fair with receipts of 582000. Creamery butter 93 score AA at 64.94 to 65 cents. 92 score A around 64 to 64.2 cents. 90 score B near EGGS show shortage of large sizes with balance demand. Receipts 10200. extras 42 to 44 cents. extras medium 28 to 29.4 cents. standards large 26.5 to 28 cents.
Quaker Oats Co. reported record sales for the year ended June 30 totaling 322.163 million dollars, up 7.646 million from the prior year. Net income reached 13.167 million, per share earnings 3.29, up from 3.22, with cash dividends paid over two years at 2 and 1.76.
Belle Plaine assigns Elinor Sankot registered nurse to the new school nurse post. She has tested about 250 students for hearing and scheduled eyesight tests.
The Cedar Rapids board of education discussed expanding the apprenticeship program for plumbers and steamfitters. Charles Rohde of Darragh and Associates urged doubling or tripling outputs, obtaining a $20,000 international union grant for training equipment, and adding full time teaching staff with more classroom space.
Cedar Rapids board of education approved a contract to acquire a 9 acre elementary school site near Shaver park northeast of Sharwood first addition for 35500. The land will support a new north Cedar Rapids school as part of a 4.99 million bond plan funding seven new buildings and renovations. The price covers adjacent sewer water main and street work.
Collins Radio Co. board declares a regular quarterly dividend of 50 cents per share on the 4% cumulated preferred stock. Stockholders of record as of Sept. 18 will receive the payment, which is scheduled for Oct. 1.
A vacant tenant house on a farm three miles southwest of Aurora, owned by Byron Streitmatter, burned to the ground Sunday. The cause of the fire is not known.
A city roundup notes theft reports including a $17.50 ring from Prastka Jewelers at 122 Third Ave SE and a $13 clothing loss from Mrs. Joe Zakar Czemy at 1724 B Ave NE. Other items: $140 billfold stolen from Audrey Novak at Esquire Club, various events listed by local clubs, a child injury from a hit and run, and Leo Johnson jailed 60 days for license violations.
Iowa City police say Saturday burglary at the Johnson County Creamery totalled 1461 dollars in cash. No suspects immediately named and investigators continue reviewing evidence.
Dr. John A. Greenlee of Ames is named director of engineering personnel and education at Collins Radio Company. He will lead recruitment training and education programs for technical staff at the Cedar Rapids division. Greenlee previously directed NSF summer institutes at Iowa State University and holds degrees from the University of Iowa. He served on active naval duty in World War II and remains a commander in the naval reserve. he is married.
Robert Fox 21 of 1635 Ninth St NW was fined 35 in municipal court after a Sunday hit and run at F Avenue and Ellis Boulevard NW. Police say Fox ran a red light causing a collision with James Sthen 2626 F Ave NW and was arrested Monday night for leaving the scene failing to report and losing control of his car.
Registration for physical training classes begins at 4 on Thursday at the Sokol Gymnastic Assn 415 Third st SE. Schedules list small boys ages 6-13 Monday and Thursday 4 15 to 5 15 junior boys and younger men Monday and Thursday 7 30 to 9 p m and older men Wednesday to 8 30 p m All instruction under a technical staff and assistants.
A weekday series runs Monday through Friday at 1:30 PM on Television 9 featuring real divorce hearings. The program presents court proceedings with couples seeking dissolution and judge commentary.
Interior and exterior painting and repair work by multiple contractors. Masonry, roofing, siding, plastering, carpentry, sod, septic, and hauling services listed with phone numbers and EM exchange listings. Local trades advertise remodeling, cement work, and pest control with free estimates.
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