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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 10, 1970
Page
15
New York stock activity shows a late summer slump as the Dow Jones Industrial Average falls 11.50 points to 71420 at 2 pm. Declines outpace advances, with traders uncertain about a third quarter turnaround and inflation cooling. Rail and mail order retailers are the only mixed sectors.
Monday prices show hogs steady with Saturday’s totals. butchers and packing sows face reductions by weight. Cattle market reports scarcity and mixed bids as buyers adjust quotes across weight classes and grades.
Eight Marine Reservists in San Diego were sentenced to forfeiture of pay and rank reduction after being convicted of disobeying orders to cut their hair. They argued their duty was only one weekend a month and that most of their time was civilian.
Dr Walter Hauter 1 of Manhattan Illinois pastor emeritus of First Presbyterian Oelwein died Saturday in Joliet Illinois He served Winfield Oelwein and interim pastor Cedar Rapids Washington Mason City He survived by wife and two children J P Hauter Marion and Mrs Don Converse Fort Wayne Ind Services Tuesday at 2 pm at First Presbyterian church Jelwein burial Oelwein
A partially legible OCR fragment mentions frozen pork bellies and dates in a legal or market context. Details are unclear. no specific entities or events are confirmed.
Two senators urged the three major networks to dramatize the plight of about 1,400 American war prisoners in Hanoi. Sen. Brooke and Sen. Byrd asked for documentaries to highlight the forgotten men and their families in hopes of prompting humane treatment and drawing worldwide outrage aimed at pressuring Hanoi.
Soybean futures slipped amid profit taking and speculative liquidation with nearby contracts down. The report notes declines in August and September prices along with gains in other grains as traders react to market signals and weather factors.
An irregular OCR capture shows a grocery ad fragment with references to eggs water cream butter and various produce items. It mentions New York market mentions and a 92 score dairy product with a price of 71 cents per pound or unit in a disordered layout.
Tokyo reports Japan is studying extending credits to South Vietnam for the construction of an electric power station in the Saigon area as announced by the foreign ministry.
The President's Commission on Obscenity and Pornography drafts recommendations to repeal laws restricting adult access to pornographic material while urging protection for children. The 18 member panel, created three years ago, plans a final report by August and a Tuesday congressional hearing to challenge AP findings on pornography's effects.
Chief Justice Warren Burger told the American Bar Association that the federal judiciary must be overhauled to cut crime and handle new laws. He urged manpower, administrators, and a six day trial plan, plus a judiciary council to study jurisdiction, bankruptcy, appeals, and crime prevention.
A wood–carriage train carrying holidaymakers collided head on with an empty train near Plencia in Vizcaya. Two killed, about 200 injured as rescuers worked through night. government orders inquiry and day of mourning. An earlier bus crash near Seville left 7 dead and 17 hurt.
DES MOINES Mid Continent Industries formerly Mid Continent Bottlers reports three month sales up 622 percent to 8 07817 and six month sales to 9 996 278 with net income rising to 287 84. Earnings per share reach 19 cents versus 16 cents last year. Subsidiary sales in the period total 3 110 060 as the firm plans long term debt and stock financing of 44 5 million to private and institutional investors by Sept 1 to liquidate short term notes.
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