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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 21, 1976
Page
11
New York New York AP The stock market fell for a second straight week amid profit outlook fears. The Dow dropped 9.8 to 974.07 with Hewlett Packard and General Dynamics leading losses as volume fell to 14.92 million shares.
Town Hogs reports moderate trade Friday with mixed demand and steady butcher prices. No 1-3 cattle weigh 200-230 lb to 240 lb at 43.00 to 44.25, 230-250 lb at 42.50 to 44.25. No 2-3 250-270 lb 41.50 to 43.50, 270-300 lb 39.00 to 42.36. Sows steady, higher on some instances. receipts estimated 50,000 with prior days and weekly figures noted.
Heat in the central U S boosted soybeans meal and oil buying on the Chicago Board of Trade but futures drew little support. Soybeans gained 12 cents, meal up 4 dollars per ton, oil over 14 cents a pound. Oats, corn and wheat fell 1.4 to 3 cents. Reports warn of possible soybean damage from heat and aridity, with yields likely lower. Final quotes: soybeans up 9|34 to 12 cents, September at 6.60, wheat down 1.34 to 3, September 3.2254, corn unchanged to down 2/4, September 2.80, oats down 1 to 1 1/2, September 1.60.
Hawkeye Bicycle Assn sponsors a 1 pm class ride starting at Bever Park Cedar Rapids. Also ads for health store items crafts flowers plants and savings, plus notices for yard and garage sales, a 1959 Hawaii state fact, and event listings at Carma Lou's House of Music and local businesses.
A study shows 43 percent of American homes own pocket calculators and prices have plunged from 200 to around 8 dollars. Retailers push low end models for 8 to 16 dollars while manufacturers highlight fractions capable models.
The column advises high earners to consider tax shelter options beyond salary withholdings. It notes home ownership offers limited tax relief if costs exceed shelter benefits, suggests tax exempt bonds and long-term growth investments, and urges prioritizing high-interest, tax-efficient placements. It discusses bonds without coupons, warrants vs stock, and prudent fund deployment for retirees and young couples.
Incomplete text from The Gazette hints at questions and information requests regarding retirement and an envelope stamping detail. Mentions recipients Sem Snyisky and a core Gazette context. No clear events, dates, or full names supplied.
Sen. Robert Dole’s mother Bina Dole faced an awkward moment when she could not find her house key during President Ford’s visit. The president and Dole bantered about breaking in as she searched the mailbox. Elizabeth Dole later found the key behind the drain pipe on the front porch of the red brick home.
BATILE GROUND Wash AP How many pecks of pickled peppers could Peter Piper pick in a prostrate position Tom Christopher isn't about to guess but he says his own pickle pickers pluck about 40 000 pounds of cucumbers a day with minimal movement His low machine rolls through 12 rows at a time while crew lie prostrate to pick and belt cucumbers into bins Vickie Farley notes the blood rush when descending.
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