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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 09, 1977
Page
17
A reader asks if paying off a $21,000 mortgage on a $100,000 house is wise given retirement income. The columnist compares 6 percent bank yields and 5 percent mortgage costs, noting monthly savings of $178 versus lost interest and suggesting personal affordability, cash needs, and sale considerations.
Trade slow and demand light to moderate while butchers stay fully steady. Porkers see No 1-3 200-230 lb to 240 lb at 35.00-36.00, 230-250 lb 34.25-36.00, larger sizes 29.75-35.00. Sows steady with No 1-3 270-330 lb at 30.00-32.00, 330-400 lb 29.25-32.00, up to 550 lb 28.25-32.00. Estimated receipts 30,000 versus Thursday 65,000 and year-ago 60,000.
The New York and American Stock Exchanges along with most markets nationwide were closed Friday in observance of Good Friday.
USDA bulk selling prices for Chicago show butter unchanged at 100.00 and 99.50 with scores 93 and 92. Egg prices to delivery weaker. Retail carton prices list extra large 64-71 cents, large 63.68, mediums 53-58. Major potato markets note Washington russets 5.00, Idaho russets 6.50, Colorado russets 5.50-5.75, Colorado red McClures 5.50, Red River Valley round reds 4.00-4.50.
The Sixth District Supervisors Assn. in 14 Eastern Iowa counties urged switching probation officer pay from district court judges to local compensation commissions. They argue judges ignore a seven percent budget lid and pay is higher than other county workers with similar duties.
David Carpenter a 13 year old from route 2 Anamosa was listed in good condition at St Luke s hospital after a motor bike crash near his home. He swerved to miss a dog and the bike spilled the accident occurred about 6 p m Thursday.
The Crop Reporting Board reports better crop prospects due to recent widespread rain and snow. Winter wheat remained mainly fair to good nationally as of April 1. Corn planting lags behind last year with fields too wet in the East and late snow in the Dakotas, while oats and small grains also trail in some states. Planting progress ranges from 83 percent in Missouri to just beginning along the Canadian border.
Worldwide interest rises in seaweed for energy and products. Kelps and marine algae expand beyond food and feeds as the United States Soviet Union Argentina Denmark Israel Norway and Japan join seaweed research. U.S. projects include a sewage treatment aquaculture effort that yields methane and other hydrocarbons.
In Watertown New York the Army reported Camp Drum troops faced a brutal winter with more than six feet of snow, tipping the balance against Alaska based training as this winter's exercise proved decisive for the troops.
USDA considers allowing cooperatives to collect federal price-support loans for wheat corn and other grains with a centralized pool for producers. The plan aims to expand co-op marketing while critics warn of potential monopolies and disadvantaging small dealers. Public comment runs until May 12.
Iowa holds the No 1 sobriety ranking per a National Institute on Alcohol Abuse and Alcoholism study but that may reduce federal funding for the state's alcoholism program. Iowa could lose about $101,443, with last year’s federal aid at $730,919 of a $3 million budget.
Palestinian guerrillas in southern Lebanon say they have orders to break through the security belt guarding Christian militias on the northern border. They pressed toward Marjayoun after capturing Khiam, aided by Lebanese leftists and Syrian-supplied artillery, with Capt. Mousa al-Iraqqi confirming the assault.
Notices announce probate of wills and estates for Bernice E Dame Alice M Stiles Kenneth Butler and Fred H Kubicek. Executors and trustees urge creditors and heirs to file or settle claims within six months of second publication, or be barred. Includes dates, counties, and court guidance.
City council discussed curfew, federal grant, and labor program with 10 unemployed workers. A land sale bid by Ketelsen and Larson reached 5 500 with plans for formal acceptance next meeting. Notice of will without administration for Lumir Horak was filed in Linn County District Court with six month deadline.
In Linn County Iowa the estate of Wayne Overhulser deceased was probated on March 28 1977. Lucille Overhulser widow is named executor with Walter L McNamara attorney. Creditors and claimants must file by six months from the second publication.
Probate in Iowa authorizes Corinne Onilnlager as executor of Anna Clara Stover deceased. The will dated December Tid is admitted. creditors and heirs must file claims within six months from second publication. Publication dated April 1 Ap Michael W Fav Gate Iowa, Clerk.
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