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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 13, 1975
Page
3
New York stock market retreats in light trading with the Dow Jones average down 7.98 at 820.56. Glamour issues weaken and key NYSE movers include Xerox, Philip Morris and McDonald's while IBM and Polaroid also slip as investors turn cautious on inflation and higher interest rates.
A fragmented OCR list shows financial quotes and stock names including Am. ins. fund, Beatrice Foods, Hawkeyer, Health Socs, Interstate Power, Rockwell, United Fire, USG, and others with irregular punctuation. It also includes a brief gold and silver quotation section noting London and New York prices and a closing from Wednesday.
Wheat futures gained about 12 to 16 cents per bushel led by improved export prospects, while corn slipped on profit taking and soybeans edged lower. Across Des Moines and Omaha areas reports showed uneven trade with cattle and hog markets mixed, prices largely higher for hogs and steady to slightly weaker for cattle.
Wednesday's price report shows Cedar Rapids hog prices high with cuts 210 to 240 pounds at 56.50 to 57.00 per cwt and sows over 250 pounds discounted. packing plant discounts by weight and yield grade noted. Des Moines reports slow beef trade with steer and heifer prices mixed, pork values mixed and regional hog estimates for the week.
In Decorah Winneshiek County a 22 year old woman Marilyn June Flack faces a manslaughter charge over the July 16 death of her 13 month old son Danny Flack. She was released on her own recognizance after arrest and a court hearing had not yet been scheduled. Authorities say Danny died after severe physical beating.
In St Catharines Canada two lightning strikes in June and August damaged the roof of St Patrick s Roman Catholic church. Rev Wilfrid Mc Aneney mused that perhaps two repairs could be done for the price of one.
Cedar Rapids residents pressed council members to act swiftly on a Bever Avenue and Memorial Drive SE rezoning. A lawyer spoke after first reading of the ordinance was delayed to change the corner from commercial to residential use. With only three members present, at least four votes were needed, and residents aim to curb further commercial development beyond a hoped 7-Eleven block.
Pickets from Carpenters Local 308 ended scattered demonstrations after negotiators reached a tentative contract. Allied Construction Interests and carpenters bargained through the night in Cedar Rapids Iowa City and Ottumwa where pickets appeared Monday over a stalled working agreement. Legal questions had blocked a settlement with the carpenters since last May Day.
The Mt. Olive lodge 17, F and AMPHA, bought a city house at 31 Fourteenth Avenue SW for 51 dollars. The bid was the only one received last week and was approved by the city council. Other houses in the Neeghborhood Development Program were left unsold and put back on the market.
Dr. W E Walsh of West Union dies at 73 in Hawkeye after a long medical career. A Creighton graduate, he practiced in Hawkeye from 1930 to 1945 before moving his offices to West Union. Survived by wife Helen, brother Dr Eugene Walsh Huntington W Va, and sister Mrs James Newsome Sun City Ariz. Funeral Thursday at Trinity Lutheran Hawkeye. Burial in Hawkeye cemetery. Visitation at Burnham and Wood's West Union.
Ottawa says Canada’s unemployment rate stayed at 7.2 percent in July, essentially unchanged from the prior five months. The government agency released the figures Tuesday, noting little shift in employment.
John H Chapman Jr a Coe College economics professor of 2336 Linden Drive SE was appointed to the Cedar Rapids airport commission by the city council on Wednesday filling the unexpired term of Don Gardner who resigned to join the state department of transportation.
Trial set for Sept 29 in Linn district court for Kenneth H Webb 21 on two counts of delivery a controlled substance and one count of conspiracy Webb pled innocent Wednesday He was returned to the men's reformatory in Anamosa after probation revoked on a receiving of stolen property charge
A garbled legal notice batch covers probate actions for Ruth Marion Xley and related estates, court references in Iowa, and an incorporation filing for SpeedN Enterprises. It includes will codicil actions, executor appointments, and actions to challenge wills, plus a disjointed corporate charter outline and stock provisions.
Notice to heirs and creditors of the estate of Alfred f wt Weta deceased. Six months from second publication to file claims in Linn County District Court. Sheriff’s sale directed by Clerk of District Court of Linn County Iowa for case brought July 1975 against Ewa et al. for $2,964 with interest and costs. Public sale at Court House Cedar Rapids at 9 am on August 70, 1975 to highest bidder.
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