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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 27, 1968

Page

21

Stocks Rally on Mixed Market as Xerox News Shifts Tone

Stocks climbed late Friday with gainers outpacing losers by 74 issues. Xerox traded down as CIT Financial negotiations surfaced, while General Motors and other automakers rebounded and oils, airlines, and tobaccos showed varied moves. Rails and metals gained on the day while overall market mood shifted toward consolidation after prior gains.

New York Xerox

Market Ledger Quotes and Quotations from Chicago Trading Floor

The report lists live cattle futures and a long string of stock and commodity quotes from Chicago, noting mixed price moves and notable price levels for hogs, steers, lambs, and numerous corporations across sectors. Individual lines reference firms such as Texaco, Textron, Pfizer, and United Airlines along with index-like figures and par values, reflecting a dense snapshot of the futures and equities trading scene in late trading hours.

Hearing set in Iowa City for three Cedar Rapids marijuana cases

Three Cedar Rapids men Richard M. Callas 21 Ronald Wayne Anderson 22 and Michael Gregory Anderson 19 charged with possession of marijuana will have a preliminary hearing in Iowa City police court October 4 at 8 30 a m They appeared in police court and are free on $1 000 bond Each. Richard Dean Thompson 21 of Coralville waived to district court on the charge.

Iowa City Cedar Rapids Richard M. Callas Texas Avenue NE Ronald Wayne Anderson Center Point Road Michael Gregory Anderson Fifteenth Avenue Richard Dean Thompson Coralville

Chicago Live Stock Prices Report

Chicago auction totals show 5,500 hogs with trims and prices across weights, cattle at 5,000 head with varied yield grades, and 200 sheep for spring slaughter. Hogs steady to down 25 cents, cattle mixed with steers down and heifers up, lambs steady with spring prices 27.00 to 27.50.

Chicago

Hog market report from Des Moines UPI

Des Moines notes slow demand but steady prices for butchers and hogs. Estimated receipts show a drop from last week and year, with bid ranges listed for U S 1-2 and 2-4 weight classes across 60 to 550 pounds, including sow categories.

Frozen Pork Bellies Quote Board From Lamson Bros

Friday's quotations list frozen pork bellies futures with bid and ask ranges for Feb. May and July deliveries. Trading figures show open high low close and prior sales alongside volume. The data reflects market activity at Lamson Brothers.

Lamson Bros Bat Chicago Lamson Brothers Aee Aenienle Nl Ee Eerees

Midwest Meats and Pork Prices Drift, Beef Steady

USDA market report notes steady steer heifer and cow beef in the Midwest a day of mixed results for pork cuts loins down one dollar while picnics remain strong skinned hams seedless bellies and other cuts show varied quotes across weight ranges with Rae Steer and Heifer beef quoted around forty two dollars per hundredweight and 500 to 700 pound ranges.

USDA Lowa Rae Inionics

Omaha Livestock Market Report

In Omaha cattle sales 1,000 calves and 200 steers sold with various grades. High choice and prime steers around 1150 lb traded near 78.60. calves 130 lb at 77.85-28.25. good and choice 0-27.00. utility and commercial cows 17.50-18.50, 18.75-19.00. canner and cutter 16.00-18.00, few 18.25.

Babck Bel 'Sh Burrowshs Cal Finand Pacebeiserar Syster DaycoCp Bay -L Deere Co del Mate Peleay Peledis Eel Biasham Dyna Am Air A Kedak Batncyario Ebasco Ind Eversharp Fairchc Fair Hill Fansteel Inc Fedders Eiresh Faewet G. Genesco Nat Tea Nevada Pw Newberry Nengel Newmat Niag Norwich Occident OnioEdis Omark Owensul Tim Be Pacgel Packta PacTer PanAsul Pfizerc Phila Polarald Ava Alpueb Motorola Omaha

Sioux City Livestock Market Report Summary

Sioux City livestock figures show calves and sheep largely unestablished with an estimated near nine hundred head for calves. Sheep and other categories appear unsettled with market not established.

Sioux City Livestock Sioux Oe

Cedar Rapids Hog and Livestock Prices Report

Market summary shows hog prices Friday steady to 25 cents lower with Thursday bids for 200-230 lb butchers at 18.75 to 19.10. Sows around 17.50 to 17.75. weight-based cuts and packer deductions listed. Cattle quotes include prime steers 27.50 to 28.00, prime heifers 25.75 to 26.25, standard and utility cows from 16.00 to 18.50. sheep and grain figures noted along with poultry and egg prices and delivered grain costs.

Chicago USDA Des Moines UPI U. S Cedar Rapids

Livestock Auctions Report From Iowa Markets

Federal-State Market News Service details three Iowa auctions on Sept 25 with cattle and sheep data. Cattle trade steady to moderately active. slaughter cows 16.40 to 18.00. feeder steers 24.50 to 28.25 depending on weight. feeder pigs mostly 18.10 to 22.30. spring lambs steady with light activity.

Federal State Market News Service Iowa Perent U.S

Liquidation Hits Wheat Soybeans in Market Slump

In Chicago prices for wheat and soybeans fell sharply on Friday amid heavy liquidation. Soybeans and corn also reached seasonal lows with oats and rye slipping as well.

C.R Chicago

Chicago cash grain market quotes brief

AP reports limited grain prices in Chicago with Wheat No 2 yellow hard advances and No 2 soft red slightly higher. No 2 yellow and extra heavy white mixed. Soybeans listed around 15. As a snapshot the quotes show modest shifts across wheat and corn contracts in the Chicago market.

Chicago Cash Grain Chicago

Chicago Produce Market Report From AP

CHICAGO PRODUCE CHICAGO AP Mercantile Exchange reports but ter market notes butter grades and scores with limited figures for eggs potatoes and russet round red and carrot sales. Washington cusset Burbanks price noted and Minnesota round reds cited amid weaker demand and slow shipments.

U.S Washington

New York Produce Market Notes Mixed Demand and Prices

AP USDA market brief shows wholesale fruit and butter offerings varied. Standards 42 43 cents. checks 28 30. Whites fancy large 43 2. Medium grey 42 45. fancy smalls. Creamery butters 93 score AA 70 4 70 cents, 92 score A 69 4 70 cents. Demand slow to fair. bulk cartons sold fresh.

NEW York Produce NEW York USDA

Xerox and Cit Eye Merger Talks At New York

Xerox Corp and CIT Financial Corp are negotiating a $1.5 billion stock swap merger. The plan would have Xerox issue 1 share for 3 7/8 CIT shares, creating a Xerox controlled unit under its current management if approved by both boards. Cit is an independent sales finance firm. Xerox makes copying machines.

Nees Salto Cvner Cartaeret NEW York Xerox Corp C.st. Financial Corp C.I.T Xerox C.st Xerox Common Xerox l

California law limits use of RFK autopsy photos

Gov. Ronald Reagan signed a measure restricting autopsy photographs taken after Senator Robert F. Kennedy's assassination to courtroom use or scientific purposes. The law aims to curb mass publication and frames the photos as evidence likely to appear in Sirhan Bishara Sirhan's murder trial.

Sacramento Calif California Ronald Reagan Robert F. Kennedy Sirhan Bishara Sirhan

O Boyle Punishes Two More Priests in Washington

Cardinal O Boyle disciplines two more priests who publicly opposed the papal ban on birth control. Rev Ruppert loses parish religious education duties in Wheaton Maryland and Rev Norton is suspended from part time lay religious instruction duties. The actions raise total Washington area sanctions to 16 among 44 clergy commenting on conscience.

Washington Patrick Cardinal O’boyle Frank Ruppert Wheaton Frank Norton

Blaiberg Leaves Hospital After Heart Transplant Era

Philip Blaiberg, once the world’s longest surviving heart transplant patient, was discharged from Groote Schuur hospital in Cape Town. He had earlier left March 16, then was readmitted two months later with liver and lung complications.

Cape Town South Africa Philip Blaiberg Groote Schuur Hospital

Slow Learners Deer Fawns Stay Close to Birthplace

Wildlife note indicates white-tailed deer fawns rarely travel more than 30 feet from their birthplace during their first 25 days, suggesting limited early movement. Researchers emphasize the behavior aids survival and supports habitat protection measures for fawn areas.

McGregor Man Dies After Berry Annex Blast

Charles Lange 52 of McGregor died in Madison Wis after an explosion at the Berry annex in Marquette. Walter McCormick 66 the building janitor was killed. Lange hardware owner worked on a gas furnace when it blew. Four elderly residents were left with smoke inhalation. Funeral services set for Monday at 2 p.m. in McGregor Methodist Church. Survived by wife Leona two sons Dennis and Roger a daughter and numerous relatives.

McGregor Charles Lange Berry Annex Marquette University Hospitals Madison Wis Lange McGregor Hardware Walter McCormick McGregor Methodist Church Thornburg Leona Dennis Roger Frank Davies, Jr Leslie Lange

Police report tools stolen from Chairpar Plumbing site

Police said $200 worth of tools were stolen from a Chairpar Plumbing job site at 3400 J Street SW on Wednesday night. Several local ads list hair salons, services, and community notices including an upcoming Swiss steak dinner and a beauty salon open house.

J Street

Carl Betz Stars in Judd for the Defense Season Opener

Carl Betz stars in an award winning Judd for the Defense season premiere at 9:00 PM Friday in color on KCRG TV 9.

Carl Betz Judd Kcrg-Tv

Clinton man held on larceny of motor vehicle charge

William J. Stone of Clinton was in Linn county jail on $1000 bond for larceny of a motor vehicle. Arrested July 28 in Clinton by Cedar Rapids authorities, he remained in Clinton custody on other charges until Sept 25 before being sent back to Cedar Rapids. Stone allegedly stole a car on July 22 owned by Raymond Hanson of 601 Twelfth Street SE.

William J. Stone Clinton Linn County Stone Cedar Rapids Raymond Hanson Twelfth Street

Plea Time Set for Break in at Matsell Bridge Area

Daniel J. Spangler 18 of 3215 Second avenue SW was given until Oct 3 to waive or demand a preliminary hearing on a breaking and entering charge. A conservation board officer reported seeing Spangler exit a house Sept 18 at the Matsell bridge access where a nailed shut window was found open but nothing reported missing. He was arrested on a Sept 23 warrant and remains free on a $500 bond.

Daniel J. Spangler Second Avenue Conservation Board Spangler Matsell Bridge

Case Continued on Assault and Battery

William F. Lentner of 20 Twenty Fourth Avenue SW had his assault and battery case continued in municipal court until Oct 31 at 9 30 a.m. His wife Darlene Lentner filed information alleging he struck her on August 9 at the Lentner residence. He is free on $110 bond.

William F. Lentner Twenty-fourth Avenue Lentner Darlene Lentner

Armed Forces News From Waukon and Vietnam Updates

Navy Recruiter Robert E. Todd assigned to the Waukon office replacing Arnie Friers as he retires this fall. Five men enter the armed forces including Kirchner and Burkhalter sent to San Diego, Kremer in the Marine delayed program, Kessler enlisting in the army, and Mershon headed to San Diego Navy. Collected leave updates list multiple service members returning from Vietnam or en route to assignments. Bowden and Brown receive Air Medals for Vietnam service.

Robert E. Todd Navy Waukon Todd John Cook Arnie Friers Friers San Diego Marine Corps Kirby K. Kirchner Twentyfirst Ave Gary L. Burkhalter South Wayne Wis Marine Andrew J. Kremer Monticello Joel Kessler Cedar Rapids Army Richard J. Mershon Johnson Avenue NW

Bargain Wants Readers Offered Quick Sell Ad

Want ad readers seek bargains with a quick sale pitch. Call the number 369 1234 to place or respond to listings.

Dial

Probina Reports Absent Members Listed in Votes

Speaker McCormack ordered an investigation into reports that absent members were recorded in roll calls. The clerk will report to the ethics committee, studying possible recording mistakes and irregularities, including signaling to be recorded and leaving, and absent members listed on several roll calls. Preliminary info suggests no wide irregularities and no impact on outcomes.

Probina Washington (Ap McCormack House House Ethics Committee Washington

House Unit Blasts M 16 Purchases After Higher Bids

A House subcommittee found the Army acted with extreme poor judgment and callous disregard to taxpayers in approving M 16 rifle contracts. It cited a $56 million deal with General Motors Hydramatic and a $42 million contract with Harrington and Richardson for 240,000 rifles each, noting two lower bids by as much as $20 million less.

Washington House Special Armed Services Subcommittee Army General Motors Harrington and Richardson Worcester Mass

Constant Tracking of Small Planes Urged

The National Transportation Safety Board urged constant radar tracking of private aircraft near busy air routes after a small plane collided with a Piedmont Airlines jet near Hendersonville North Carolina killing nine or two people. The board cited unexplained veering into the jet’s path and said minimum control procedures contributed to the crash. Navy Secretary John McNaughton his wife and their son were among the victims.

Washington Hendersonville N.C National Transportation Safety Board Navy John McNaughton Piedmont Airlines

Prisoner Escapes During Dental Exam in Iowa City

Estherville man Dale D. Goodwin 23, serving seven years for false uttering of a check, escaped at 12:45 pm from a reformatory vehicle during a dental examination in Iowa City at Market and Governor streets. He is 5'10" 180 pounds with black hair and green eyes.

Iowa City Estherville Anamosa Dale D. Goodwin Market Governor Streets Clay County Goodwin Towa City

Also Mentioned on This Page

New York Stock Exchange Abbott Lab Bu BA AlliedCh AlliedStr Allis Chat Bate A Amerada Am Airlin Jon Logan Jones L Jostens Joy Mfg Hosp Kayser Ro Ammfdy Mo Ennecott Amet Ci KerrMe Am Motors Kimbalk Amustees Kroger Amtel AMK Corpa AMP Inc Lockhd Ta Atchison LoewsTh Ad Rich Tap Atlas Yallonesga Masasia Sia Eooriale Orilar Avnet Luckstr Ford Chrysler American Motors American Stock Exchange Jonatha Mae Glen Ald Lobal Marin Graceco Gulf OichulfStaUt uifWin Halliburt Harris Hollysug Lomestie Honeywil Housilp Howmet Jewel Co John Man Rexall Reyn ReynTob Rheemm Rohr Co RyderSys Siksan Scheniey Lentil Dais Sega Hell Singerco Artan Ind Ye Swift Co Tampa el Me Tektronix Ieee Tenneco Ve Ay Inc Union Pacif Aye Uniroyal Unitaire Ns — Us Indust Uspipe Uspsych US Steel ATG Univo Pd Uptomn A Vendo Co VaEiPw Wesel Whirl Co Mawes WinnDix Woolworth XeroxCp Associated Press Mercantile Exchange Erieye Henderson and Co. Ine Ifs Fund Mer Ees Rein Baeeene Beatrice Foods United Group Tod Ma Ater Reet Tite Invest Reese Mapco Mid-America Beese Ees Eess Wissen Amd Co Chicago Livestock Hogs Omaha Livestock C.R. Markets Mercantile Exchange Xerox, C.I.T. Eye Merger Bill Guards RFK O'Boyle Blaiberg McGregor Man Dino Tropic Lanes Karen Klinghammer Sharon Healey Deanna Ohl James E. Coates St. Luke’s Hospital Americana Nursing Center First Avenue NE Indian Isle Mississippi River Gregory Robert Barta Tenth Avenue Nash Finch Co Blairs Ferry Road Fairfax United Methodist ‘Church Legion Hall, Fairfax May City Lanes Peg’s 29Th St H. S. Dougherty D.C Guaranty Building Pierson’s Florists Ellis Blvd Jerome’s Adv Asbury Methodist 27Th Ave Pam Steitz Artiste Ave 1St Ave Varndon W. Williams E Street Robert E. Todd T. Waukon Justin L. Collier Robert L. Collier Ansgar Vietnam Eugene W. Frundt Walter Frandt Third Avenue Robins Air Force Base Milo Klouda Palo Neal D. Janko Norbert Janke Elmhurst Drive Kansas City Dennis E. Kanke Glenn Kanke Solon Lowery Air Force Base Colo Wayne C. Bach Orvant Bach Mofffettfield Japan Harlen R. Bowden Dale Bowden Masonville Bowden Air Force Charles W. Brown Fred Brown Walker Penick & Ford Fibrerytmarieieate Tate Borat Aris
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