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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

Apr 08, 1971

Page

2

Stocks Take Breather After Recent Rally

NEW YORK AP Stocks paused after two days of gains as the Dow Jones 30 rose 1.41 to 919.90 at 2 p.m. The NYSE saw a 4 to 3 advancer to decliner edge with brisk turnover though shy of Wednesday’s 22.27 million shares. Analysts tied the move to Nixon's Vietnam withdrawal speech and mixed results across sectors. AA data show Tobacco, Steels, Farm Implements and Aircraft led advances. Building Materials and Drugs lagged. NYSE, Amex name checks included Trans World Airlines warrants, Milgo Electronic, Canadian Javelin, Fibreboard warrants on active lists.

NEW York New York Stock Exchange Nixon U. S Vietnam American Stock Exchange Trans World Airlines Milgo i Electronic Javelin

Dividend footnotes explain irregular disbursements and codes

Unofficial sales figures accompany a table of dividends with notes on regular versus special payments. Footnotes labeled a through z and other symbols define stock dividends, liquidations, ex dividend dates, accumulative issues, and warrants. The text clarifies timing and cash value estimates for 1970 and 1971 actions and codes.

East Iowa Youths To Tokyo Session

Nine Scouts from Hawkeye Area Council will attend the 13th annual World Scout Jamboree in Japan from August 2 to 10, joining more than 20 000 Scouts from 97 nations under the theme For Understanding. Cedar Rapids participants include Zeke Haley Bruce Bascom Lester Bascom John Shaver Dick Gourley Bruce Hamous Randy Schaffer and John Ross with Fred Tibbits from Robins. Bob George of Anamosa leads as adult leader.

Hawkeye Area Japan Hawkeye Council Zeke Haley Bruce Bascom Lester Bascom John Shaver Dick Gourley Bruce Hamous Randy Schaffer John Ross Cedar Rapids Fred Tibbits Robins Bob George Anamosa

Wheat futures rise as beans slip in mid-session rally

CHICAGO AP reports wheat futures gained nearly 3 cents Thursday while soybeans finished sharply lower. Old crop soybeans closed down 2 percent, May at 2.90. Wheat rose about 2 percent, May at 1.62. Corn was irregular and oats were little changed at May contracts.

Chicago

Chicago cash grain price listing

Wheat No 2 soft red 1.68, No 2 hard red 1.61. Corn No 2 yellow 1.53. Oats No 2 extra heavy white 0.752. Soybeans No 1 yellow 2.90 and Soybean oil 11.21.

Chicago

Chicago UPI Market Summary Potatoes Butter Eggs and Prices

Chicago markets show total potato shipments at 354 with track 81 and arrivals 16. demand steady for best moderates and fair for others. Idaho russets reach 4.45 to 4.55 and 4.50 in rolling sales. Red River Valley round reds mixed from 2.60 to 2.35. Butter prices delivered steady with 93 and 92 scores at 67.784 and 90 score at 65.784. Eggs delivered to Chicago show mixed cents per dozen for 80 percent or better with jumbo 41-44, extra large white 36-38, large white 34-36, mediums 29-32. retailers’ grade A cartons Delivered show extra large 2-49, large 3-12-47, mediums 4-41.

Ranco Inc Va 'Kaf Corp Aytheon A Gam Sko Eading Ch Annett Rdg Bate Va Gatelel Y BI Genesco Va Royc Cola GaPacit Roy Dutch Gerber Ryder Sy Goodrich Ee St Regisp Va Bet Va Sanders Asso NEW. York(ap A&p Schenley Greyhound Scott Revel Yestrday Sears G Shell Oil Shell Tr I Signal Co Singer Co Va Avco Corp Halliburt Arris Sony Cp Telex Corp Hercules Va Scar EG Ve Downs Heublein Asae Soucale Grumma Cp Hew Pack South Co Wa Crowell Coll HoernWal Soungas ATO Nc SouthrnRy Brown Co Va HollySug Va Squared Sprry R Omestke Squibb Sg Hongwil Va StBrands NEW York Dow Jones P.m. Eer Kollsman Howmet Stdibal Tampa el Nick Ae Tektronix Admira Teledyne Bo AetnaLfe Weaee Tenneco jewaPsy Itek Corp Texe Ten Jewel Co John Man Innshte Textron Thiokol Allie Ch Thrift Dr Jones Lau Mir Allis Jostens Va Timken Kcoa Joy Mfg Todd Sir E Kaisr Aluman GE Trans W Air Va AmHess Kanplt Transmra Am Airlin Katy Ind Transitron KayserRo Tricon Kennecott UN Carbide Kroger PacCp Ve m Photo Union Pacif LearSieg Va Uniroyal Air Am _ T&T 2 Inc Cpiso AME Nc Libofd Ampex Corp Libbmcn Ancorp. Soc Va CukensSdl Ve Varian Assoc Va Atlas Chem Lorp Ve Vendo Co Va Va Atlas Corp Lykes Yngst Va Eipw Va Avnet Inc Avco. Corp WachCo WarLam Va Avon Pd Macke Co Macy WstnAir Va Marath We Westy E Weyerhs I Beckman le Marc Whirl Co Beech Air Maraid White Motor Bell How Memorex Cpe Zale Corp Orden Poise Merckita Liad Associated Press Brisower Microdot Brunswk MobilOil Monsant MorNor Motorola Cadence Indal Finanl CartWal Cert-leed Nat Steel Cessna Air Newmat Va Ning Va Citfin Norfolk Norris Ind Va NoStaPw Collins du Gas Norton ComlSolv hioEdis Omarkin Owen Cox CrowColl Va Panh Penney JC Penn Dixie PaPwLt Pennzon PepsiCo Bavin Pfizer Deere Co Se Phelps A del Mate Phila el Delta Air Phil Morr Sia DennyRst DetEdis Va Dillon Co Disney duPont Lamson Brothers Dynam Am East Air Lin Kodak la Atony, Me Echlin el Pasong Eltrac Emer Corneraex EvansPrd Fairch Cam Fair Hill Dee I ‘ Oats Fansteel Fedders FedDeptStr Chicago UPI Idaho

New York Egg Markets Hold Steady Amid Moderate Offerings

Wholesale egg offerings are moderate with good demand on Thursday. Standards 35 to 37 2. Whites show fancy large 40 to 43 2, fancy medium 33 12 to 36, fancy smalls 24 to 25. Butter offerings are adequate with fair demand and prices unchanged.

New York USDA

California Man Denies Part in Check Scheme

Lorne Girletz a 44 year old Santa Monica California man indicted in May 1970 pleaded not guilty to six counts charging a check kit ing scheme involving banks in Colorado and Iowa He was arraigned in Cedar Rapids federal court with trial set for May 24 bond set at 10000 The indictment covers alleged fraud from March to June 1968 involving Riceville State Bank in Riceville Iowa and Rocky Mountain Bank in Lakewood Colorado The scheme allegedly used the US mails to transfer checks and relied on time intervals for funds to clear The counts detail five specific transactions ranging from five thousand to twenty five thousand dollars and a general count outlining the scheme The case faced arraignment delays due to difficulties serving notice and Girletz Canadian status and absence from the US The maximum penalty is 1000 fine and five years in prison per count

Santa Monica Calif Colorado Iowa Cedar Rapids Lorne Girletz Edward J. McManus Girletz Riceville State Bank Rocky Mountain Bank Lakewood Colo Riceville Girlett U.S Federal Reserve Bank McManus Evan Hultman Daniel H. Greenberg New York U. S Canada Hultman K. W. Fuelling Goldberg Los Angeles Fuelling California

Friday Estimate Chicago Cattle Receipts

AP reports Friday official estimated receipts for cattle at 2,000 head. The USDA figures reflect early market estimates for the Chicago area, detailing cattle inventories expected to move through the market.

Chicago USDA

Chicago cattle market steadies amid modest supply

In Chicago, cattle trading shows a small supply with steady prices. Utility and commercial cows move at 19.25 to 21.00, with a few high dressing utilities at 21.25 to 21.50, while canner and cutter grades run 18.00 to 20.25 as demand remains fairly active.

Chicago USDA

Des Moines Live Cattle Prices Mixed As Trade Holds

Des Moines UPI reports moderate trade and fair demand for cattle. Butchers and sows steady with Thursday estimate at 65,000, Wednesday 106,000, week 69,000 and year 72,000. U.S. 1-3 200-230 lb butchers 15.75-17.00, 230-240 lbs 15.50-16.50, 2-3 240-260 lbs 15.00-16.00. Sows and heavier categories range 14.75-15.00 for 270-330 lb sows and down to 11.75-13.25 for heaviest, with broader 330-550 lb brackets.

Des Moines UPI U.S

Midwest meat trade report from Des Moines prices

USDA market summary from Des Moines shows mixed beef and pork movements. beef steady to lower with 800-900 lb steer values around 52.00 to 52.50 and 600-700 lb steers around 51.00. pork trades active with varied weights and bases including Boston butts 50 higher and seedless bellies steady to higher. detailed quotes list many weight classes and price ranges.

Des Moines USDA Boston

Sioux City Livestock Prices Report

Sioux City market recap shows hogs up to 50 lower on some lots and 7 lower on others with heavy weights 190 to 230 pounds at 16.50 to 16.75. Sows ease 25 lower, weights 330 to 620 pounds at 14.50 to 15.00. Cattle at 700 head, market not established.

Sioux City U.S

Hogs and Cattle Prices Reported at Omaha Market

UPI reports hogs unevenly lower across weights with 1-2 200-225 Ib at 17.00 to 17.50, 2-3 240-270 Ib at 15.50 to 16.00, and 3-4 280-325 Ib at 14.50 to 15.00. Sows weaken to 25 lower, cows mostly steady with utilty and commercial at 20.00 to 21.50, and canners 17.50 to 20.00. Cattle and calves show limited test with steers 31.75 to 32.50, heifers 30.00 to 31.00, and cows 27.00 to 30.00 in moderate activity.

Omaha

Cedar Rapids Hog Market Slips While Friday Closure Noted

Prices paid on Thursday for Cedar Rapids hog market fell 25 to 50 cents. Bulk cattle deliveries ranged 16.00 to 16.60 for 200 to 230 lb butchers. Sows 14.75 to 15.25 for 300 lb and under. Over 230 lb butchers trimmed 25 cents per 10 lb, 250 lb cap. Over 250 lb cut 50 cents per 10 lb. Packers trimmed 25 cents per weight grade 300-360 lb, 50 cents for 360-500 lb, 75 cents above 500 lb. Market closed all day for Good Friday. Sheep values listed with lambs 25-27 dollars, ewes 5-6 dollars. Delivery prices show corn 1.33 and soybeans 2.72 per bushel, with 36 lb gallons listed.

Cedar Rapids

Innocent Plea In Belle Plaine Postal Burglary

A Des Moines man pled not guilty in Cedar Rapids federal court Thursday to two counts of an indictment filed in connection with a postal burglary case. The plea marks a step in the federal investigation and outlines potential penalties upon conviction.

Belle Plaine Des Moines Cedar Rapids Connec

Post office commendations awarded to three

Three postal workers received commendations for exemplary service. Details and photo on page 8 highlight the awards ceremony and the individuals honored for their dedication to customer service and efficiency.

Post Office

Belle Plaine post office burglary suspect named

Marion K. Black, 30, is charged with post office burglary and transporting a stolen car from Picayune to Belle Plaine. Released on $2,000 bond, his trial is set for May 6. Indicted by a Fort Dodge grand jury last week, two other suspects Joseph Hill and William Bell remain jailed. nothing was stolen. Belle Plaine police chief Richard Novotny, Postmaster Harold Daily, and postal employee Don Janss aided in capturing Hill and Bell.

Belle Plaine Marion K. Black Picayune Miss E. J. McManus Black Fort Dodge Joseph Hill William Bell Hill Bell Richard Novotny Harold Daily Don Janss

City Briefs and Local Ads Mix Weekend Notices

Local briefs announce Parents Without Partners Friday eat out at Scoreboard 740 Tenth St Marion and last minute appointments at Petite Salon 377 4848. Refuse collection reports no changes on Good Friday at Executive Plaza 4403 1st Ave SE with spaces for rent 366 2788. Macrame cords beads books new stock Nimmer 364 8546. No regular luncheon for High Twelve Friday. attendees urged to attend Good Friday services at First Presbyterian 310 Fifth St SE. Adv items note Mackenzie’s Spring specials 364 1193 and Wilson Beauty Salon 377 0550. Brother of Mrs Hutchcroft Reynold Huemann funeral Saturday Johnsburg MN. Milk glass Easter bud vase $3 50 Pier son’s Florists 1800 Ellis Blvd NW Adv free airline ticket schedules fares info 366 1504 Travel and Transport. Lindale Plaza open tonight and Saturdays. Mackin Paint Co 365 6901 ad.

Breakin at Theresa's Tap Nets Stolen Goods

A Tuesday night breakin at Theresa's Tap in Newhall ended with burglars taking 75 cartons of cigarets, $175 in cash, 15 bottles of whisky, and 16 cases of beer. Entry was gained by breaking glass in a rear door, Benton county sheriff reports.

Newhall Theresa’s Benton County

Bowman Firm Gains Title to Renewal Land on First Street

Bowman and Bowman Inc led by Donald Bowman received title to 8400 square feet of urban renewal land in the 300 block of First Street SE. The transfer occurred in Mayor Donald Canney's office as Bowman paid 30372 dollars, completing a 33732 dollar purchase. The site will host a 60 by 120 foot office building for Adcraft Advertising and Letter Service.

Bowman and Bowman, Inc Donald Bowman First Street Donald Canney Bowman Adcraft Advertising and Letter Service

Body Found Hanging In Tree In Swisher Area

The body of 17 year old Richard Gene Zach of route one Swisher was found hanging from a tree near a gravel road by the Ranch supper club Thursday morning. Johnson County deputies responded at 9 28 a m. Medical examiner Dr T T Bozek ruled the death a death by own action. The boy was son of Vernon Zach.

Cou Falls Richard Gene Zach Route One Swisher Ranch Supper Club Johnson County T. T. Bozek Vernon Zach

ADM Buys Half Interest in Corn Sweeteners Inc

Archer-Daniels-Midland Co president Lowell W. Andreas announced a 50 percent purchase of Corn Sweeteners, Inc. of Cedar Rapids. Corn Sweeteners, formed last year under Leslie C. Liabo, will have the wet corn milling plant expanded to about 75 000 bushels daily with ADM support.

Lowell W. Andreas Archer-Daniels-Midland Co Corn Sweeteners, Inc Cedar Rapids Leslie C. Liabo Liabo Andreas ADM Paper, Paper Board

Culver Seeks Immediate Release of $45.6 Million in Public Works Funds

Rep John C Culver joined over 70 house members to demand President Nixon release 45.6 million in congress appropriated public works funds held by the White House. He cited 129 pending applications totaling 31 million in loans and 6 million in grants for sewer and water projects in Iowa. Funds also frozen include flood control Ames lake 100000, Waterloo 100000, Big Sioux river planning 70000, and Missouri river navigation 400000 from Sioux City to the mouth.

Washington John C. Culver House Nixon Congress White House Culver Iowa Cedar Rapids Democrat Ames Lake Waterloo Big Sioux Sioux City Missouri River

Highway Unit Adds Space For Ames Emergency Center

DES MOINES Iowa house approves a minimal appropriation to permit the highway commission to add 1000 square feet to its new Ames emergency operations center. The 84 to 7 vote raises the total to 69 000 square feet to fit the center financed largely by a federal grant amid opposition from Rep. Richard Radl who urged voting it down.

Radl Camp House Appropriations Committee Des Moines API State Highway Commission Iowa House Ames House John Camp R Bryant Iowa Commission Richard Radl Lisbon Highway Commission

Understanding Jesus Mission Brings Hope in Holy Week

Dr. Joseph McCabe at First Presbyterian Church notes Jesus mission offers hope amid world turmoil during Thursday Holy Week service. He argues weeping for ourselves fails to heal life’s meaninglessness and death, while recognizing Christ’s death shows life lived under God and for others, ending with Friday’s final sermon Were You There.

Holy Week Coe College Joseph McCabe First Presbyterian Church Jesus Calvary Indo-China McCabe Christ God

Blanchett seeks preliminary hearing in assault with intent to murder case

John Blanchett, 31, of 2874 Mt. Vernon road SE, appeared in municipal court Thursday and demanded a preliminary hearing on a charge of assault with intent to murder. His hearing is set for April 21 following a shooting that injured Marvin Akers on April 2.

John Blanchett Mt. Vernon Road Marvin Akers

Algona Soldier Killed in Vietnam Named Thomason

S. Sgt. Kenneth A. Thomason 27 formerly of Algona was killed in Vietnam. His mother Mrs Ardith Thomason was informed of his death this week.

Algona Kenneth A. Thomason Vietnam Ardith Thomason

Also Mentioned on This Page

Piper, Jaffray & Hopwood Ins Fund Rein Banks of Beatrice Foods Conrac Clinton Consolidated Foods Gen United Group Guardsman Harnischfgr Interstate P Iowa Electric Kidde Comm Life Mid-America Nissen Syntex Wilson and Co Wilson-Sinclair LIN Mercantile Exchange East Iowa Tokyo Chicago Cash Grain Kenneth L. Churches Brentwood Realty Co Five Points National Corp Chicago Livestock Hogs Lamson Bros Sioux City Livestock Omaha Livestock C.R. Markets Tenth Street Marion Petite Salon Adv City Refuse Collection Department Executive Plaza 1St Ave Fifth Street SE MacKenzie's Wilson Beauty Salon R. H. Hutchcroft A Avenue Johnsburg Minn Reynold Huemann Pierson's Florists Ellis Blvd Lindale Plaza Mackin Paint Co Bowman Firm Mochnick Typewriter CO Center Point Rd Blanchett NO Obligation Investors Security Corporation Rocklyn Dr. P.O. Box
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