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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 07, 1977
Page
25
The AP lists top movers on the NYSE with price changes and percentage shifts. Names include Seatrain Lin, Matsush El, Telex Corp, Texaco, CocaCola, IBM, Exxon, General Electric, Ford, Chrysler, and many others across sectors.
New York stocks opened lower after a gloomy wholesale prices report for March showed a 1.1 percent drop in the Dow briefly near noon. The Dow traded around 914, with declines outpacing advances as Bally Manufacturing led volume. Volume was about 6.68 million shares at midmorning on the NYSE.
Cedar Rapids hog market held steady with payments for 200 to 230 lb butchers at 35.00 to 35.50 dollars. Sows around 31.00 to 31.50, with weight-based deductions for heavier hogs. Wilson Foods offices will close Friday for Good Friday. Lamb prices in Cedar Rapids ranged 49.00 to 51.00 dollars. No. 1 yellow corn 2.30 and soybeans 9.21 with oats at 1.64. Futures trading noted on the Chicago Mercantile Exchange.
Iowa traders report slow to moderate hog trade with No 1-3 categories at 34.00 to 36.00 for 230-250 lb and 30.00 to 32.00 for 270-300 lb sows. Egg prices steady in light demand as markets adjust for Easter. cattle and hog receipts vary by region. West North Central and Omaha signals show steady to higher hogs and mixed beef and pork offerings across multiple markets.
Former FBI supervisor John Kearney, 55, head of Squad 47 in New York, was indicted on two counts of conspiracy two counts of obstructing correspondence and one count of illegal wiretapping. The case ties to a 1970 72 secret operation against radical fugitives tied to Weatherman bombings. Atty Gen Griffin Bell approved the probe. The investigation may widen to others.
Secretary Vance met with Soviet Ambassador Dobrynin at the State Department to resume discussions on a SALT II treaty with Geneva talks set for mid May. The meeting followed Moscow's rejection of two U.S. proposals and was kept low profile with no public briefings.
Independence high school expects 130 members to travel to New Orleans for Lions Club International parade on June 29. trip cost projected at 7000 dollars, funded by public donations and Lions clubs contributions.
Washington AP report says Navy Secretary W Graham Claytor ends most keel laying ceremonies in line with President Carter’s cost cutting. He calls keel laying the least significant milestone in ship construction and says the ceremony is not worth the expense.
Robert R. Diaz aged 19 of 1239 Fifth Avenue SE and Jeffrey Gibson aged 22 with no address listed were charged with assault and battery after police say a complaint by Kerry Bowman of 215 Seventh Street SW triggered the incident. Gibson faces a second count for allegedly striking officers during the arrest and both men are charged with fighting and resisting an officer.
A. Small fundraiser raised 848.96 for Iowa Attorney General Richard Turner’s Israel trip. Turner appreciated the gift while Small noted the trip cost about 1500 and Iowa law limits gifts to public officials to 25 dollars, suggesting daily 24.95 installments as another option.
A holiday delays an elderly health clinic at the Health Center with the next session set for May 6. Local theft reports include furniture and sound gear valued at 350 dollars from 515 Cob Bancourt SE, a radar detector and more from a car at Red Roof Inn, and jewelry clothing and groceries from 2128 North Towne lane NE.
An eight by four foot color painting vanished from a Kentucky Fried Chicken at 3927 Center Point Road NE last Sunday. Police say the theft occurred while the cashier was in the kitchen. the aerial view of Robert Weaver's farm near Peoria, Illinois was valued at $500 and hung in the back dining area. The restaurant spokesman noted the thieves likely lifted it off the hook and left.
Moscow based chief director Yuri Zavad sky of the Moscow Soviet Theater died at age 82 Tass says. He held Hero of Socialist Labor and People's Artist of the USSR honors. The report notes his prominence in Soviet theater and state recognition.
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