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Cedar Rapids Gazette in Cedar Rapids, Iowa

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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 16, 1971

Page

12

Market Gains Lift Dow Amid Nixon Economic Hopes

New York AP reports stock market gains leveling after a strong rise spurred by Nixon's economic program. Dow Jones industrial average hovered near 637.96 as big trades boosted prices. High volume blocks included Chase Manhattan, Sony, and Great Atlantic Tea Co. Others like U S Steel, General Electric, Teledyne, GAF, Goodyear, and Memorex posted notable gains.

New York Nixon Dow Chase Manhet‘tan Sony J Great Atlantic Eng Pacific Tea Co U. S. Steel General Electric Teledyne GAF Goodyear Memarex

Commodities and stocks move on Nixon orders markets rally

Chicago and Des Moines reports show wide swings in futures while soybeans corn and wheat edge higher after Nixon price wage rent freeze. NYSE sees broad gains as traders weigh dollar defense and policy moves with cattle hogs and grain prices listed across varied bids and receipts.

Chicago Nixon Bower New York Stock Exchange

Amassing Fortune On Old Milk Cans

Jackson Calf AP report details Richard Tone, head of an antique shop, amassing a small fortune reselling 3 cent milk cans for 817 dollars each. He bought 7,044 cans for 2,000 and quickly earned about 18,000 by selling 3,000 cans for use as umbrella stands, washing machines, coffee tables, and dog food storage. Tone keeps cans in his house and outbuildings, arguing scarcity drives value.

Jackson Richard Tone Tone

City Briefs and Local Incidents Summary

City Briefs report an open meeting scheduled for Tuesday at 1000 At the Embassy, a paint sale limited to colors only by Mackin Paint, Adv. 7 Tires Stoles notes two men stealing truck site valuables valued at 200 dollars near vacated houses on L Street SW. Ambassador Lounge hosts nightly events in Downtown. Don Merrifield, 5, injured Friday when hit by a car, treated at Lake Hospital. watch and coin collection stolen from 1010 Fifth Avenue SE valued at 50 to 75 dollars.

City Briefs Coosoms Club Harry Randall Greeley L Street Ie Hospital Don Merrifield Deborah Drive Lake James P. Grado Fifth Avenue SE

Dust-Control Devices Installed at Cargill Plant

A $100,000 project to improve air quality is under way at the Cargill Inc soybean processing plant on Sixth Street NE. Dust control devices and a new soybean drier are among the planned improvements, with completion anticipated by year end. A tire and rim valued item was stolen from a truck parked near a residence on Fifth Street NW. Barracks 695, veterans of World War I, will meet at 6 p.m. Wednesday at the Bever park pavilion.

Cargill, Inc Sixth Street Cargill William Matsany Matson 1 Fifth Street

Rockwell Raises Dividend to 35 Cents Amid Bus Tour Log

A Dubuque and Galena bus tour promotion notes Rockwell's dividend increase to 35 cents per share. The item appears in travel and transport listing under Charter Coaches with contact reference 365-1504 attributed to Ady.

Rockwell Dubuque Galena Ady

Federal Funds May Mean 85 Jobs in Cedar Rapids

Cedar Rapids officials discussed a $4,200 federal emergency employment grant from a $2.1 billion measure signed last week to create public sector jobs. The city, county, and schools may administer or access funds, with initial 20 percent due and a 30 day remainder application. The plan could create up to 85 job slots, funded up to $12,000 yearly, with 2 percent no-sessional limits. administrative duties fall to the mayor and manpower coordinator.

Cedar Rapids Mousey Department of Labor Donald Canney Canney

Treasure hunt winner shuns prize in Long Beach

In Long Beach California AP reports the $1,000 treasure hunt winner says he does not want the prize. An anonymous caller claimed he found the box and wished the money donated to the American Cancer Society. He directed investigators to a washing can at the Long Beach marina as proof, and the clue led to the site.

Long Beach Calif American Cancer Society

Palo Man Charged With Three Violations

Harold F. Bacz of Palo was arrested by Cedar Rapids police Sunday night for four traffic violations. He was charged with possession of beer as a minor after a car search and was later found absent without leave from the armed forces. He pled guilty to two charges in municipal court and was fined $10 and costs on each. held for federal authorities on the AWOL charge.

Harold F. Bacz Palo Cedar Rapids Hacz Nineteenth Avenue A.w.o

No Govt Guides On Registering Of Young Voters

Senator Edward Brooke criticized federal guidance to states on registering 18 to 21 year olds. He asked for guidelines from the Justice Department but Deputy AG Richard Kleindienst rejected the move, citing dual federalism. Brooke plans legislation for uniform national residency rules to aid students and temporary residents.

Washington UPI Judice Edward Brooke H+ Masa John Mitchel Richard Kleindienst Department of Justice Brooke Broke

Pay Freeze Draws Fire From Iowa Aid Chief

DES MOINES Iowa Local Services Commissioner James Gillman criticized President Nixon s 90 day wage freeze saying it is very unfair to several hundred state workers including at least 300 community program aides in county welfare offices who would have seen raises in September. Gillman noted CPAs average about 5000 annually and said merit based revaluations delayed their raises while other state employees gained a 5 percent increase on July 1. He warned social services staff may also be affected and called for federal guidance on promotions and raises.

Des Moines API Iowa James. Gillman Nixon Gillman Executive Council Githnan Cpas Merit Employment Commission Offichals CPA Social Services

Man Pleads Innocent To Pair of Charges

Weskey H Beshears 18 of 1112 Fifteenth avenue SE pled innocent to drunkenness and resisting an officer in Cedar Rapids municipal court Monday. He was arrested by Cedar Rapids police at 3255 am Sunday in Van Vechten park in southeast Cedar Rapids. Trial set for September 29.

U.S Aimee Yan New York Waterloo Gantey King Sows Betuiere Mame Oo Fe Fai Demas York Ainley Beck Ak Bs Ieee Erie Spring Mecca Enid Serge Sasien Ines Rees Leeina Fee Wae Cone Erry Cvesteck Staan Mayo Chicaoo Titc Benatus Atleerore Gerard Sands Marcel Nan Eran Mirmesola LY - Areni Ono Weskey H. Beshears Fifteenth Avenue SE Beshears Cedar Rapids van Vechten Park

Want Ads Help Fisher Find Test Items Quick

Classified notice says want ads can help locate test items rapidly. It suggests using classified listings to obtain samples or gear efficiently and save time.

Also Mentioned on This Page

Cereae Powe Atten Newwren Amen Berk Legoo Oe Beers Foods Clinton Nagirnes Minate Fom Paieraeey Syngs Crowe Storm Witsen C.R. Markets Cme Marcet Bigica Willy Teers Tlouse Mackin Ambassador Lounge Marion—Ady Adv Nas Linn County Pavijon Bever Park P. Klip Auth Street Robert Brown Detroit North American Rockwell Corp Cedar Rapids Boy Norway Boy Cedar Rapids Pace Willard F. Rockwell, Jr NRI Iona Railway and Light Co Tisive First Street Yesrage Eet Karen Monteforte Xayta Beauty Salon Palo Man Industrial Credit & Thrift Industrial Credit & Thrift Company OF Iowa, , Inc 1St Avenue Hur Almanca Servce ITT Fisher's You Co Fisher Printers Ine
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