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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 15, 1967
Page
15
New York AP reports three sessions of decline end as market closes higher after active trading. Ticker tape showed late support and a rebound from earlier losses with gains in over the counter and listed stocks despite hog sales remaining steady.
Kenneth G. Grulkey of Cedar Rapids was sentenced to two years in federal prison for using the mails to threaten his estranged wife. He was convicted by a federal jury after a trial that saw jurors take three ballots before reaching a verdict.
Prices on the Cedar Rapids hog market were steady to about 25 percent lower. Monday’s bids for 200 to 280 pound butchers ranged from 20.75 to 21.00 dollars with some at 21.10, while packing sows over 300 pounds sold 19.00 to 19.25. Weight-based discounts apply for heavier cattle and pork cuts, with reductions climbing from 25 cents per 10 pounds to over 500 pounds. Cattle and sheep markets show varied pricing and standard commodity costs for corn and soybeans.
Calvin Jones and Lark Anderson of Waterloo pled guilty before Federal Judge Edward McManus for selling liquor without federal tax stamps. Each received suspended two year sentences and two years probation. Jones paid a $100 fine and Anderson $150. A second charge against Jones was dismissed.
The Earl of Stanhope, 86, a member of the House of Lords, died Tuesday in Sevenoaks England. The death was reported by AP.
Soybeans advanced to near two month highs on Tuesday in Chicago trade tying the day’s gains with higher wheat and oats while rye fell. Livestock and market notes from St. Louis and nearby exchanges show varied price movement across cattle and hogs with mixed selling and demand.
AP dispatch details wholesale pricing trends for fruits and vegetables. Notes include potatoes and onions with arrivals, on track shipments, and market dullness. Mentions rounds and round reds with prices. limited readable figures and units.
R S Stevenson chairman of Allis-Chalmers announces the board will consider Ling-Temco-Voughts latest proposal at a special Thursday meeting. LTV offered to buy all outstanding Allis-Chalmers common and preferred stock for 590 million dollars, counter to a prior bid for about 50 percent of securities at 235 million.
Mary Lou Howell, 33, pled guilty in Sioux City federal court to two counts of violating U S drug laws and to four other counts on an earlier indictment. Judge Edward McManus postponed sentencing pending a pre sentence investigation. She faces up to one year or a $1000 fine per count. The case involves sales of 99 amphetamine sulfate tablets on Dec 17, 1966 and 2099 pep pills to a federal agent on Jan 3 this year. Howell remains free pending sentencing.
Walter Kidde and Co Inc reports six month period ending June 30 sales of 181.54 million versus 80.30 million a year earlier. Net income 5.85 million up from 2.49 million. Earnings before taxes 11.05 million up from 4.06 million. Per share income 1.35, up from 1.03 after preferred-dividend adjustments. Grove Manufacturing acquisition not yet included. Kidde is parent of LeFebvre Corp of Cedar Rapids.
The Senate poverty subcommittee approved a $222 billion extension of the war on poverty and added a $3 billion emergency program to address slum jobs and related damage. The combined $5.2 billion measure was sent to the full Labor Committee which set a tentative session for Thursday.
Notice of probate and appointment of Ek Eka Fok as executor for the Richards E. Wiress estate in District Court of Iowa. Creditors must file claims within one year from second publication. heirs to file for allowance. Dated August 1947 with Lawrence Crissman lawyers.
Notices announce probate of the last will and codicil of Frank Jelinek and the will of L. Reitermaen, naming executors and heirs. They require creditors and interested parties to file claims within periods set by the district court, with dates in August 1967 and publication requirements.
The Rev Daniel Berrigan a Jesuit priest and poet known for draft resistance remarks will become associate director and associate professor at Cornell Universitys oldest student religious group Cornell United Religious Work He has led summer projects in low income areas and is a noted author with ties to the student left movement and Jesuit Missions editor role
President Johnson and West German Chancellor Kurt Kiesinger began two days of talks at the White House focusing on Europe’s future and the Vietnam War amid mounting Cold War tensions and allied cooperation efforts.
In Peyton Place a television clue points to the person aiding Jack’s escape. The discovery unfolds on Tuesday at 8 30 PM in color on Channel 9.
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