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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 04, 1976
Page
13
The 1876 issue reports modest stock gains with Iowa interest down from Thursday. Federal Reserve notes a nearly $3 billion contraction in the money supply. Bond prices rise, easing yields and spurring stock appeal as traders await policy moves. The American Stock Exchange shows a slight uptick while totals on the New York Stock Exchange indicate mixed advances and declines.
Sydney, Australia AP Les Howell, 86, longtime Salvation Army collector, retires after winning 30001 in a lottery. News spread that a Salvation Army member benefited from gambling, prompting an internal ad condemning betting, racing, dog racing, sweepstakes and pools.
Iowa Des Moines market quoted live stock prices from Friday with hogs and sows at varying grades and weights. Prices ranged from about 21 to 34 dollars per hundredweight with emphasis on hogs, sows, and feeder cattle, noting higher bids on certain lots and estimated receipts near 60,000. Comparisons showed receipts a week prior at 94,000 and a year ago at 1,000.
MontelloNev residents reached an agreement with Southern Pacific to buy about 300 acres including 288 town lots and utilities for 20,196 dollars. The town, with fewer than 200 residents, plans to rely on Elko County services as it seeks to attract new business and end the era of being a railroad stopturned retirement village. A short term loan of 20,196 dollars was approved by Elko County Commission to fund the purchase.
Disjointed OCR fragment references King Charles I and a debt of 1600 pounds tied to a Pennsylvanialand grant. It mentions a dead creditor, a grieving widow, Quaker ties, and rivalries with the Estate. Land grant of 300 emileg and 16 miles appears, but details are unclear and largely fragmentary.
Boston authorities called the Combat Zone a failure after zoning adult shops and sex businesses into the Washington Street district led to rampant prostitution and racketeering. Police and the district attorney urged rethinking commercial sex controls as the area faced crime and safety concerns.
In Youngstown a domesticated goose named Lucy stays on a 50 degree Mahoning River stretch warmed by industrial discharge. Workers say the area never freezes and Lucy finds corn, apples and bread daily, supported by furnace crews feeding her.
A Cedar Rapids brief item notes a Teamster special meeting and officer election set for Monday at 7 pm in the Teamster Hall on J Street SW. The page also lists numerous small notices, sales, events, and advertisements from local businesses and groups.
Marion residents invited to a 2 30 PM groundbreaking for Linnhaven a new facility to house and support adults with mental retardation. Kenneth Sartung Linnhaven president says the project on Lindale drive and Talis Ferry road will include house parents with capital funds from community drives and furnishings funded from additional local sources. Groundbreaking marks nearly five years of planning and fundraising by the Linnhaven board with a March opening targeted.
Reader responses illustrate how retirees cope with inflation as Bureau of Labor Statistics estimates for 1974 75 push costs up across low middle and high budgets. Examples include monthly incomes pensions social security and varied expenses from housing food to medical and insurance.
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