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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 10, 1973
Page
15
In New York, stocks rose sharply aided by solid early quarter results and inflation expectations. The 2 pm Dow Jones average climbed 13.62 to 961.17 as NYSE advances outpaced declines nearly three to one, with American Telephone leading activity at 52 percent.
The NYSE showed gains with Getty Oil leading activity while Polaroid IBM and Xerox rose, and the 2 pm index up 0.69 at 5971. The AMEX price change index gained 0.06 at 2417 with National Kinney Co. most active on the annex. dividend footnotes and market notes accompany the report.
Market reports show Tuesday hog prices in Cedar Rapids steady with Monday's bids for 200-230 lb butchers at 35.25 to 35.75. Sows 300 lb down at 32.00 to 32.25. Overweight hogs discounted further per 10 lb increments. Sheep and poultry prices listed. grain and egg quotes included. OMAHA quotes show hogs 25-50 lower with specific weights and classes. cattle and calves mix of higher and steady holds with several price points for steers, heifers, and cows. Packing plant deliveries cited for No 2 butchers 200-230 lb at 36.00 to 36.50. sows 300 lb at 32.00 to 32.50.
After a 24 hour sit-in by about 150 Luther College students, the Community Assembly discussed student proposals but postponed action to the next regular meeting. Proposals include restructuring to 32 students, 12 faculty, six administrators, and student‑run committees to handle grievances and academic affairs with student input.
Wheat No 2 soft and No 2 hard red notes. Corn No 2 yellow and oats No 2 extra heavy white are listed with prices. Soybeans No 1 yellow shown with values. Market quotes appear to reflect Chicago trading activity.
Chicago reports show old crop soybeans briefly hit the day’s limit then closed lower as wheat futures fell about 3 cents and corn slipped 2 cents. Oats declined 12 cents with May contracts showing modest losses across the board amid scattered ads for local services and events.
Story hours at the main, Kenwood and Edgewood libraries have been canceled this week but will be held next week as originally planned.
In Birmingham England twins Sylvia and Lynda Sadler aged 19 announced engagements and married on the same day. On Monday both became mothers first-time, delivering girls. Lynda Saunders unexpectedly gave birth an hour before Sylvia Giles.
An airliner carrying 139 passengers to Basel’s spring fair crashed in a blizzard near Basel. Police report 106 dead with seven crew aboard and 40 survivors. A survivor said the plane struck a tree top and spun, a fire erupted in the front section but died down without an explosion.
A snowmobile was used Monday to transport nine units of blood from the men’s reformatory in Anamosa to University Hospitals in Iowa City. The effort followed four urgent leukemia cases at the hospital, with blood moved from Anamosa to Mt. Vernon, then Solon, and finally Iowa City via officials and the highway patrol.
An emergency insulin supply was en route to Toddville for a diabetic woman who had run out. A Linn County deputy transported it toward Highway 150, meeting a snowmobile carrier who would finish the delivery after a noon notice from the sheriff’s office.
Marion street crews and private firms rush to reopen clogged roads after a heavy snowstorm. Main streets opened by Tuesday morning but side streets remain impassable. police report no injuries though a pregnant woman was rushed to hospital.
Heavy snow halted a suspected cattle rustling attempt at a farm near Effigy Mounds in Allamakee County. Emmet McCormick found a broken gate, down fences, and a missing tractor stuck in a snowbank close to a 16 foot rental van. Authorities unable to pursue due to impassable roads from the storm.
A Center Point man arrested by sheriff's deputies was handcuffed to the town fire truck overnight after breaking into a home during a storm. Authorities say he was intoxicated and held for the night to avoid trouble. charges are pending. A separate Amana art show entry deadline was extended to Thursday at 3 pm due to heavy snowfall.
Market data shows daily quotations with high low and close figures for pork bellies. Entries reference May August and February prices, with values around 81 62 51 30 and 69 87 100, plus various per hundredweight figures, in a terse market summary from New York.
Wholesale selling prices for Chicago produce were reported by USDA with variations in delivery terms. Buyers and retailers noted grade standards and delivery conditions affecting quotes, while observers cited fluctuations in wholesale to retail margins and overall market activity.
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