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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 22, 1976
Page
23
NEW YORK AP stocks recovered from an early drop and drifted higher. The Dow Jones average rose modestly as the market showed dull turnover with advances leading declines on the New York Stock Exchange amid mixed broker quotes and price changes across key issues.
The USP Real Estate Trust declares first quarter distributions for holders of record January 10, February 10, and March 10. Dividends of five and two half cents per share monthly total 16.5 cents, paid on the Thursday. The trust reports current assets in excess of $20 million sponsored by Life Investors.
Readable portions show weekly market results for cattle hogs and grain. Notable quotes include choice steers around 50 to 75 dollars, commercial cows in the 47 to 53 dollar range, feeder cattle bids at various levels, hogs and sows listed with bulk prices, frozen pork bellies notes, and grain items such as corn oats and wheat with delivered price cues.
Market notes in Cedar Haplis show butcher weight ranges from 20K delivered cattle. Prices vary by weight and grade with 400 Ibs lacking snow, 2 40 lbs, and over 280 lbs incurring price differentials. Packers reduce price as weight increases, with increments noted across ranges up to 400 lbs.
The fifth annual March of Dimes Walkathon shifts to a 20 kilometer route from previous 20 mile length. The event Sunday at Veterans Memorial Stadium features checkpoints manned by volunteers from the National Guard who will provide meals and water. Participants under 19 must be accompanied by a guardian. a post-walk reception runs 6 to 9 at Bugsy's, with information booths and phone signups at the March of Dimes office.
A Tan district court jury reduced a $321,400 award for owners of Jud, bows Lord and Building Co in a condemnation dispute over land taken for Highway 30 at C Street SW. Iowa Land appraised the award at $104,000 in 1974 after the state offered $97,750. The case covered 24.53 acres of 187.04 total, plus 2.04 acres of permanent easement and 10.8 acres of temporary easement. The company sought $400,000 on appeal.
Chicago crop futures moved unevenly with wheat down and corn up near two cents as soybeans fluctuated. Nearby corn rose while soy oil slid. traders debated a major exporter rumor. Livestock in Des Moines showed moderate to steady demand with varied prices across weights. Signals from Joliet and other markets indicated cautious trading and mixed receipts.
Cedar Rapids notes multiple local items from a student station at State University involving co managers Aly Svoboda and Jan, with ads for merchandise at Alloy and Me Stebje cy. Police report thefts and residence break-ins, plus upcoming events, concerts, and public notices across Cedar Rapids venues and neighborhoods.
Des Moines AP reports a rally by women and supporters opposing the ERA reversal and advocating equal rights. Speakers warn the amendment’s restrictions would strip married women of protections and affect parenting, contraception, and civil rights, urging continued ratification.
Compiled report of the Farmers Savings Bank Walford listing assets liabilities and equity. Details include total assets liabilities equity capital deposits and notes on government agency obligations and sub accounts dated September 30 1975 with signatures from bank officials and trustees.
Report notes a drunk driving incident involving David Shalt in IA near Med Keynnks avenue YW and Cedar Rapides police. The text also mentions a separate event about repainting and a ban report connected to a location on Ninth street near Fifteenth in an SW district, with unclear details and several garbled phrases.
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