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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Sep 20, 1962

Page

3

Friday Market Summary for Hogs Cattle and Sheep Prices

Official receipts Friday show 2 500 cattle 5 000 hogs 300 sheep. Butcher hogs up to 50 cents with 5 000 on offer. Hogs 1 2 200 225 lb butchers 19 75 19 85 mixed 190 260 lb 19 25 19 75 late 270 300 lb 18 75 19 00 sow 18 00 18 50 350 400 lb 17 25 18 00 400 450 lb 16 25 17 25 boars 14 50 15 75. Cattle 500 calves 50 steady to weak most sales. Slaughter steers 29 00 30 50 1100 lb load 30 50. Heifers 27 00 lone 925 lb steers 28 75. Lambs 85 105 lb 21 00 21 50 few 22 00 good and choice 19 00 20 50 ewes 4 00 5 50.

Chicago USDA

Prices hold steady as cattle and hogs inch up

Des Moines reports prices fully steady with Wednesday’s averages and some gains up to 25 cents. Estimated Thursday receipts run 55 000 while week age 45 000 and year age 64 000 with Wednesday at 61 000. Butchers grades show 200 230 lb cattle at 18.00 18.65 and 270 300 lb at 17.10 18.05. Sows range 270 330 lb at 16.75 17.90 and 400 550 lb at 14.00 16.15.

Des Moines UPI

Water loo Hogs A Up Steady Net

Market notes show hog prices holding steady with mixed weights. Buyers posted bids for sows and standard hogs in the 60 to 190 pound range and listed weights from 170 to 400 pounds with price bands from 15.75 to 19.00 per cwt.

Sioux City Livestock Market Report Summary

SiOx CITY market shows cattle and calves sold with steer prices steady and heifers down 25 cents. Choice steers traded at 28.50 to 29.50 per cwt with some loads around 1,114 pounds at 32.00. Choice heifers 26.25 to 28.00, good heifers 22.50 to 25.75.

SiOx City

Omaha Livestock Market Report Summary

UPI reports Omaha cattle and calves with 3,500 cattle and 25 calves. Steers and heifers steady. good and choice steers 25.25 to 29.50. loads of good and choice heifers 23.25 to 27.50.

Omaha UPI

Cedar Rapids Hog and Grain Prices Steady to Mixed

Cedar Rapids market reports show hog prices steady to a quarter higher with 1s and 2s $17.50 to $18.40, packing sows $4.00 to $17.00, and butchers under 270 lbs priced per 10 lb adjustments. Cattle, eggs, wool, and grain also listed with small variations and old crop soybeans at $2.35.

Cedar Rapids

Woman 67 Struck By Semi Truck In City Street

Ruth Gurren, 67, of 1408 Fourth Avenue SE, is reported in satisfactory condition at Mercy Hospital after being hit at 6 30 a m by a southbound semi trailer turning onto First Avenue. She suffered abrasions bruises a laceration and possible spinal and internal injuries. The driver Lee W Witten 1021 First Avenue SW faces a charge of failure to yield to a pedestrian.

Ruth Gurren Fourth Avenue Mercy First Avenue Witten

Stock Market Slips As Trading Stalls In Late Session

In New York investors pushed shares lower after a sluggish day. Trading volume was estimated at about 3.5 million, with selling accelerating late in the session and major indices finishing down.

New York

Indians Show Force as Chinese Withdraw from Border

About 200 Chinese communist troops who crossed into northeast India last week have withdrawn into Tibet after an Indian show of force, informed sources in New Delhi reported.

New Delhi India Tibet

Berlin Move Is Without Incident

The U.S. army carried out troop movements to and from communist surrounded Berlin without incident. It was the second day of an exchange by installments of two battle groups.

Berlin U.S

Body of Woman Is Found at Waterloo

Authorities seek identification of a badly decomposed female body found beside highway 57 in north Waterloo Wednesday evening. A billfold yielded name and address checked with Los Angeles police, who reported no matching record.

Waterloo Highway 57 North Waterloo Los Angeles

Corn Soybeans and Wheat Advance on Crop News

Short covering in soybeans followed frost damage reports in Iowa and Minnesota. Wheat and corn demand rose as the farm bill cleared the house. Wheat rose 4 to 4 1/4 cents, corn 3 4 to 4 1/4 cents, oats 4 to 4 1/4 cents lower, rye down 4 1/2, soybeans up 1 to 1 1/2 cents.

Chicago Iowa Minnesota

Chicago Market Quotations For Grains And Feed

Chicago market notes show no wheat corn or soybean sales. Oats No 1 extra heavy mixed 68 1 2 cents. Soybean oil 8 8s a. Barley making choice 1 23 1 35 n, feed 93 1 05 n.

Chicago

Plan New Issue For American Reinsurance Co

Merl L. Rouse announced a special stockholders meeting for Oct 15 to vote on increasing authorized capital from 1 406 900 to 1 653 107 shares. Record holders on Sept 19 can vote. Pending stockholder and New York Department approval the shares may be offered to stockholders and used for a stock option plan at the same meeting.

Merl L. Rouse American Reinsurance Co Capital i New York Insurance Department

Courthouse Jury Convicts Two Marion Brothers-In-Law

A district court jury found Kenneth M. Wilson and Stephen M. Darling guilty of drunk driving after a two hour trial. The pair, ages 25 and 19, lived at 2115 Fourth Avenue and 1962 Fifth Avenue respectively, and were arrested June 30 in Marion for erratic driving in two cars. Sentencing date not yet set in Judge Donald P. Barnes court.

Kenneth M. Wilson Fourth Avenue Stephen M. Darling Fifth Avenue Marion Donald P. Barnes Room

Chicago produce market report shows steady dairy prices

AP reports butter and eggs steady with mixed wholesale prices and slow modern demand. Washington and Wisconsin russets and Red River Valley reds are listed with prices. eggs show good demand for large and medium sizes and prices around 60 cents per dozen for creamery grades.

Chicago U.S Washington Washington Russets Idaho New York AP Usda

Peterson Cleared In Vehicle Without Owner Consent Case

Donald G. Peterson, 21, with no address, was found innocent by a district court jury on a charge of driving a vehicle without the owner's consent. The verdict came less than an hour after jurors retired from Judge B. J. Maxwell's court. Peterson had been charged with taking a motorcycle July 29. Suits filed involve Franklin Equipment Co. versus Kling entities for $1,126.01, Coastal U.S.A. Inc. versus Kling Seed Co. for $134.43, Metropolitan Wire Goods Inc. versus Kling Seed Co. for $222.39, and Cherokee Manufacturing Co. versus Kling Farm and Home store for $131.86.

Donald G. Peterson B. J. Maxwell Peterson Franklin Equipment Co Kling Farm and Home Store Kling Seed Co Kling Equipment Co Coastal U.S.A., Inc Metropolitan Wire Goods, Inc Cherokee Manufacturing Co

Four Fishermen Rescued After Iowa River Boat Upset

Four fishermen escaped death when their 14 foot boat capsized in the Iowa River fourteen miles north of Iowa City at about 7 p m Wednesday. Dean Beebe 45 Marvin Nost 35 Dale Brown and Arthur Spratt spent about two hours in the water before rescue Beebe and Brown swam to shore called a quarry night watchman who alerted the sheriff Deputy Don Wilson and Patrolman Paul Hoffey rescued the remaining two with a boat Nest listed in good condition at Mercy hospital with shock Beebe treated and released

Gazette Iowa City Iowa River Here Dean Beebe Marvin Nost Dale Brown Arthur Spratt Beebe Brown Sheriff's Office Don Wilson Paul Hoffey Nest Mercy Hospital

Visit of Mother Ends in Tragedy

Dr John Kays of Dover planned a reunion with his mother Anthoula Koutsakis in transit from Greece. On St George bridge a collision killed Koutsakis his wife Theodore and their 6 month old daughter while Kays and Irene Mouratidis suffered critical injuries and were taken to hospital.

Wilmington Del John Kays Dover Anthoula Koutsakis U. S Salonika Greece Kays Theodora

Johnson County plans new county home in Iowa City

The Johnson County Supervisors released a $746 500 cost estimate for a 110 patient county home. A bond issue will appear on the November ballot with final amount set after financing costs. Powers and Associates prepared the plan locating the building east of the existing 100 year old structure.

Iowa City Johnson County Supervisors Powers and Associates

Mutual funds vs index baffling gains for investors

Sam Shulsky weighs a Wharton study for the Securities and Exchange Commission showing a fund's performance closely matched by an unmanaged portfolio using the S P 500 index. He cautions against broad generalizations across funds and says average investors unlikely beat professionals over time. He notes fund types vary widely and highlights big hitters like AT&T IBM GM and DuPont shaping index results.

Wharton School Securities and Exchange Commission Standard & Poor General Common Wharton At&t IBM General Motors Standard Oil N.J. du Pont Texaco General Electric

Ike and Young GOP To Meet At Gettysburg Farm

Former President Eisenhower will meet 35 young Republican leaders at his Gettysburg farm in Pennsylvania on September 29 to discuss the role of youth in the current campaign.

Washington Eisenhower Gettysburg

Air Force Awards Over $1.5 Million to Collins for Indicators

Collins Radio Co. receives four contracts from the Air Force totaling more than $1.5 million for horizontal situation indicators used mainly in jet training gear and in C 130E Hercules and C 141 aircraft. The two latest awards total $1.1 million and up to $468,000 respectively, marking the fourth and fifth consecutive contracts for this equipment.

Collins Radio Co Air Force Collins

Second Session on Christmas Store Hours Scheduled

The Central Retail Merchants Bureau of the Chamber of Commerce will meet Tuesday at noon to continue considering downtown store hours for the Christmas shopping season. The previous meeting was deferred, and next week’s session will be held at the Roosevelt hotel.

Central Retail Merchants Bureau of the Chamber of Commerce Roosevelt Hotel

Collins Radio names new vice president and board member

Collins Radio Co. directors on Thursday elected a new vice president and filled an unexpired board term with W. W. Roadhouse. John H. Boyle was promoted to vice president and general manager of the Dallas based data systems division after joining Collins in 1952 and rising through government sales and data division leadership. Roadhouse, a 1960 VP, hails from Cushings Oklahoma and Chattanooga native Boyle succeeds Max Burrell’s term which expires this year with possible re election in November.

Collins Radio Co W. W. Roadhouse John H. Boyle Communication and Data Systems Dallas Roadhouse Max Burrell Boyle Collins Cedar Rapids Data Chattanooga Cushing, Okla

Armed Forces C R Man Signs For Second Term

Cedar Rapids man Robert D. Bales 20 re-enlisted as a machinist's mate third class and was sent to Charleston South Carolina. He has two years of prior active duty. Richard C. Spaulding 20 of Fort Leonard Wood Missouri enlisted for basic training. Home on leave were Seaman Apprentice Robert Burgess 14 days en route from Great Lakes to the Algol crew at Norfolk and Seaman Apprentice Lyman Ponder 15 days from Lompoc where he serves as a surveyor. Seaman Wayne Kloos 28 days from the Higbee at San Francisco as a boilerman.

Cedar Rapids Robert D. Bales M Avenue NE Charleston S.C Army Richard C. Spaulding D Street Fort Leonard Wood, Mo Robert H. Burgess Theodore Burgess Tenth Street Great Lakes Ill Norfolk Lyman Ponder Herschel Ponder Monticello Lompoc Calif Wayne A. Kloos Essie Kloos First Avenue NE Higbee San Francisco

U S Plans Mars Journey in the 1970s

Dr. Glenn Seaborg announced that the United States intends to launch a nuclear powered spacecraft to Mars in the 1970s. The mission would carry two men for a month on Mars and return them to earth within a year.

U.S Vienna Glenn Seaborg Atomic Energy Commission Mars Earth

Belle Plaine Man to Europe with Feed Unit

Don McGillivray of Funk Brothers Seed Co. leaves Friday to represent the hybrid corn division of the American Seed Trade Assn. on a tour with the U S Feed Grains Council in Thailand. He also plans to visit Rome with European officers of the council.

Belle Plaine Don McGillivray Funk Brothers Seed Co American Seed Trade Assn U. S. Feed Grains Council Thailand McGillivray Rome Feed Grains Council

Gazette Seeks Help for Lost Pets and Notable Notices

Local Gazette advertises a lost pets column and public notices, inviting residents to dial EM 2-112 for assistance. The page lists missing animal reports and community notices seeking information and help from readers.

Temple Judea sermon topic Friday at Temple Judah Cedar Rapids

City briefs note Rabbi Isaac Neuman will deliver Time and Eternity as sermon topic Friday at 7 30 p m at Temple Judah Cedar Rapids. Cedar Rapids attorney Tom Collins speaks at the 39th Iowa funeral association convention.

Temple Judah Isaac Neuman Cedar Rapids Tom Collins the Assn Iowa Waterloo

Flying Rocks Damage Cars in Lindale Lot

Four cars in the south Lindale Plaza parking lot were damaged Wednesday afternoon when rock fragments from blasting at the nearby First Avenue site flew across the street. Vehicles owned by Jean Armstrong Steven Carter Angelo Bernolfo and Mrs Charles Verda sustained the damage. police said no damage estimate was available.

Lindale Plaza First Avenue E Dan Christensen Co First Avenue Jean L. Armstrong Staub Court Steven Carter Iowa City Angelo J. Bernolfo Houston Street Charles Verda Kenridge Terrace

Academic leaders to attend Iowa college presidents meeting

Augustine, academic dean, and Paul McCann, director of public relations and development, will attend the Association of Iowa College President's meeting Monday and Tuesday at Hotel Maytag in Newton. Fall bulbs just arrived with a large selection of Dutch bulbs including tulips and hyacinths offered at modest prices. Tulips 88¢ per dozen at Bezdek's Garden Center in Marion, Iowa.

Augustine Paul McCann Assn. of Iowa College Hotel Maytag Newton Bezdek’s Marion Iowa

Robber Strikes Woman in Cedar Rapids Purse Theft

A robber knocked down 56 year old Merwin Lewis on Twenty-ninth Street NE around 9 p.m. Wednesday and stole about 140 dollars from her purse. She was treated at St. Luke's hospital for a head contusion and released. detectives have a robber description.

Cedar Rapids Merwin Lewis E Avenue Twenty-ninth Street St. Luke's Hospital

Playwright Nikolai Pogodin Dies at 62 in Moscow

Moscow reports the death of Nikolai Pogodin aged 62, one of Russia’s best known playwrights, with the press noting his passing on Thursday.

Moscow Nikolai Pogodin Russia

Also Mentioned on This Page

Chicago Livestock Lamson Brothers A. G. Hoelzen Merchants National Bank Seeee Steen Seeenne Hogs Waterloo Hogs Sioux City Livestock Omaha Livestock C. R. Markets Arm Springs Cena Newenaneee DOW Jones Francis J. DuPont W. H. Jump Monsier Joan Manvinie Anconeny Orp Jones Langmin Jorvette Allis Chalmers Ries Cree da Kroge Abc-Para Amn Alr Ciooy Meneililis Amn Can Lippey Owens Amn Lig Lorillard Amn Lukens Amn Hinesson & R Amn Water Acucene Armco Steel Mele Honeywell Bear & Co Boeing Aire Warner Brunewies Cre NY Central Nat Gas Pac Urroughs Core Anary Otis Elevator Anad Pac Aterpillar Paramount Davis Ertainteed Penick & Ford Zessna Air Hes & Ohio Penney Neaiee Corp Phelps Dodge Cities Yi If Colg Peeve JB Procter Omi Ol Garedit Sys Ccomi Vents Radio Orp Comwdison Republic Avilor Cons Edison Republic Steel Rexall Egis Paper Cheniey Mj Shell A Eere Gias Ai Oe Can Co Dow Em Aindelr Oil Ppc Skelly Eastman Od Pac Co Fruehauf T Studebaker NS Se Vnray Oil Swift & Co Ims En Motors Texacone En T Elig Tex East Uni Hershey Choc Uni Air Lines Homestake Inland Steel U Rubber Interstate Pwrey Steel Amner Bros West Union Wilson Motors Wiworth la Pwr Youngstown Jeff Lake Standards & Poor's Ae Saute Morris Katz Donald Peterson Johnson Home Investors’ Guide Sam Shulsky Ike Young Gop Filsworth CO Norge Freezer 7Th Ave Collins Radio Roodhouse C.R. Man Belle Plaine Man Europe ROY L. Greene & Associates High Twelve Wayne Preginitz High Twelve Club United Good Neighbors Embassy Club Sheraton- Montrose Gerald Houser Davenport Heart Council Earl Caywood Daniels Street Cedar Valley Heart Council Ernest O. Baker B Avenue National Assn. of Accountants Hhas Piersons Florists Flowerphone Sam Rayburn Hladley’s Grocery 4Th Ave. S.E. E Sister Mary Agnes Mt. Mercy College Sister Mary Lindale Colns Gall Ica Dick Tracy Ted Thomas Thomas Plumbing Service 15Th St. SE KCRG Steve Fun Sho Steve Evening Report Midwest Kcrg-Tv
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