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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 19, 1977
Page
27
A broad list of stock prices shows varied movement in afternoon trading on the New York Stock Exchange. Names such as Coca Cola, Ford Motor, General Electric and United States Steel appear with last prices and percentage changes among numerous listed securities.
The Dow Jones Industrial Average slips 2.69 to 861.57 as investors reel from mixed CPI news and rising rates. Citibank and Marine Midland lift prime lending to 7 percent, while NYSE and AMEX indices edge lower and trading volume sits around 9.29 million shares.
The Cedar Rapids hog market Friday added 50c to steady ranges with prices for bulk country and plant delivered butchers 0 to 230 lbs at 44.00 to 44.50, sows at 36.00 to 36.50, and weight-range deductions for heavier hogs. Sheep pricing remained steady with shorn lambs at 48.00 to 50.00 and wool lambs at 46.00 to 48.00.
Futures on the Chicago Mercantile Exchange show No 2 hard red winter wheat at 2.14n and No 2 soft red winter at 2.06n. Corn No 2 yellow quoted 1.75n and 1.714n for different lots, oats No 2 heavy 1.11n, and soybeans No 1 yellow 5.34n. Midwest meat trade notes slow beef demand, steady to higher steer beef, steady choice heifer beef, and variable pork prices with several weight ranges and gains recorded. Butter and eggs hold steady in New York and Des Moines livestock markets show hogs up to 1.00.
Trade slow but demand good for hogs with prices up to 50 cents higher in some runs. No 1-3 hogs 200-230 pounds at 44.50 to 45.50, soybeans and corn mixed with new crop oats steady, grain prices noted at Cedar Rapids and Davenport. Egg markets show unchanged to firm tones with Grade A large around 42 cents per dozen.
Cedar Rapids social security district manager James Wood said a phony caller claimed 1,800 people in the area would lose benefits to make the program solvent. He urged anyone who receives such messages to contact the local Social Security office.
Suffolk county police said a dog was killed and 16 year old Elizabeth Magill was critically burned when a dog urinated on a mobile electrified sign in front of Holbrook medical center. The accident occurred about 6 p.m. as Elizabeth walked the dog on a metal leash near her home.
Delmer Lawrence Daves an LA area producer director writer and actor died at 73 after a 40 year career in film. He appeared in the silent feature The Duke Steps Out and contributed to multiple Hollywood projects. He died Wednesday in California.
Donna Knapp a 31 year old divorced mother of two in Cocoa was fired from Cocoa Community Correctional Center for insubordination and poor performance. Authorities deny the firing cited romance with inmate Michael Ryan a five year grand larceny and aggravated assault convict. Knapp alleges harassment since romance was revealed and says there was no physical contact or security breach. Ryan, 26, was in a work release program at Brevard Correctional Institute before transfers to Marianna and Carryville Road camp.
J B Hall 25, once a Job Corps worker in Hodgens area, fled to the Ouachita center after robbing a department store in Poteau. He was arrested there when guards matched his car description broadcast on police radios. Hall, now living in Houston, faces grand larceny charges for the $95 theft.
Manchester city officials propose a plan to curb youth trouble by letting police enter private property to clear groups. Business owners sign forms authorizing police action and potential criminal trespass charges for those who refuse to leave. Three businesses have signed up.
Police logged several petty thefts and property damages including a grocery sack with $200 stolen from Beverly Marshall's car at Lindale Plaza. Incidents also cited damaged golf carts at St Andrews, a TV stolen from Kirkwood College, and larceny of sound equipment from campus. Local ads note a rummage sale, WWI veterans meeting, and Potpourri restaurant hours.
In Montigny Metz suburb a masked robber burst into a local bank at closing time demanding the day’s takings. The teller handed over about 800 francs and the thief counted the cash before fleeing, muttering that he was someone else.
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