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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 06, 1976
Page
10
New York stocks fell on Friday as unemployment rose to 7.8 percent from 7.5 percent. The Dow Jones average slipped 3.40 to 83.28, with losers ahead of gainers on the NYSE. Volume was light around 45 million shares, Gulf Resources & Chemical led active declines, and the NYSE composite dropped to 103.21.
Heavy smoke blanketed downtown Des Moines as a Thursday night fire engulfed a two story building at Fifth and Locust. The structure housed Hyman's Book Store The Sth Street News Brass Rail Lounge and other shops. Three firefighters were hospitalized for smoke inhalation. Investigators traced the blaze from the basement through all floors to the roof.
Cedar Rapids market Friday unchanged overall with bids for 20 to 230 lb butchers at 42.00 to 42.50. Packers 400 lb and heavier discounted per 10 lb bands. Sows 300 lb class 36.00 to 36.50, with larger hogs discounted further. Local cattle and sheep quotes mixed. Des Moines and Webster City reports show steady to higher hogs and variable sow pricing. Cattle feeds and poultry rates noted with regional price spreads and delivery terms.
The Cedar Rapids Seater Citizens Bus Service examines community transit options. Officials assess routes, funding, and accessibility to improve neighborhood coverage and rider experience.
Wheat and corn futures fell 3% to 6 cents a bushel on the Chicago Board of Trade with a wave of new buying and short covering lifting soybeans by about half a dollar. Oats closed irregular. soybean oil and meat markets showed little change while wheat finished lower.
Sioux City livestock market trading noted hogs active with gains to 3.50. cattle and dairy items listed across Sioux City Joliet Des Moines reports, including steer and heifer prices, hogs, and pork product prices. Regional quotes show higher bids on several classes and varied demand across markets.
Senator Dick Clark of Iowa travels to Aspen Colorado for an arms control workshop at the Humanistic Institute. He will present a paper on U.S. arms sales and return to Des Moines to address the Iowa school administrators convention.
Roberta Rae Koehler aged 25 of 804 Fifteenth Street SE and Randal J. Sprague aged 19 of 1818 Eastern Drive SW were charged Thursday night with drunk driving. Koehler was arrested in the 1200 block of Ei lis Boulevard NW after hitting two parked cars. Sprague was stopped on Highway 30 West by Linn sheriff's deputies after his car was seen traveling at high speed.
Wallace Madden 26 of 1738 C avenue NE pled innocent in Linn district court to uttering two forged instruments. Judge Louis Schultz set trial for Sept 20. Madden is accused of writing a 157.52 forged check drawn on a Cedar Rapids couple’s Merchants National Bank account.
Republican precincts in the 15th senate district will meet next Thursday at 7 30 p m to nominate a candidate for the 15th district seat vacated by Steve Severn Democrat Marion Severn resigned last June citing lengthy sessions and family time Frances Palmer Linn Republican chairman said the convention will also name courthouse candidates at Kirkwood College Iowa hall Cedar Rapids name recognition and party process noted.
One Cedar Rapids man and three Des Moines men were charged with armed robbery of the Quik-Trip store on First Avenue NE. Ashby and Page also charged with taking cash from the Thrifty Food store. A .38 revolver linked to both robberies was recovered. All four face concealed weapon counts. Page charged with receiving stolen property. Bond totals set for Tobin, Page, Ashby, and Bordwell. parole violations added for Tobin, Page, and Ashby.
Cedar Rapids dog club to stage sanctioned conformation and obedience match on August 2 at Cedar Rapids airport national guard armory. Contact Cyndi Gray at 364-4580 for details. Also listed are theft reports including tools valued at 2375 from a locked garage on Thompson Street SE and a bank bag containing 2475 stolen from a van on Fourteenth Street SE.
Police Chief Wallace N La Peters announced Officer James Young resigned citing better financial opportunities in private business. He warned as many as 15 officers may leave in the next two years due to a tight budget, with two more likely to quit. City budget discussions with the council are planned after the mayor returns from vacation.
Enlistments during July include Ricky Funke 145 Summer Circle NE Ricky Quinby 500 Thiry ninth Street NE Michael Lovetin sky 1130 Longview drive Marion John Phummer 2085 Highview drive Marion David Beyer and Robert O Mara both of Belle Plaine Earl Tanner Tipton and Steven Troe Vinton.
Colton says he will urge Colton to reinstate the police department traffic bureau amid revenue loss and fewer speeding tickets since July 1. He notes the decline may raise accident risk and urges a defined enforcement plan, criticizing current patrol-only approach.
Roy Williams of 504 Tenth Street SE was charged Thursday night with carrying a concealed weapon after police stopped him near Eighth Avenue and Tenth Street SE during a reported robbery at Quik Trip on First Avenue NE and found a loaded .22 revolver. He faces a separate charge of defrauding an innkeeper for unpaid hotel bill at Magnus Hotel on July 15. Williams is held in Linn County jail in on $5,000 bond for the weapons charge. no bond set for the second count.
Dwayne Voss, 30, long time Cedar Rapids resident, convicted by Linn District Court jury of robbery with aggravation for the March 24 Pizza Hut robbery. Prosecutors said he used a sawed off 22 caliber rifle to threaten staff. Paroled from Menard facility in January, he had been serving a voluntary manslaughter sentence. Sentencing slated for August 4.
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