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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 15, 1975
Page
12
New York stocks edged higher with the Dow up 2.36 at 436.17 as volume stayed light. The market showed a few more advancers than decliners while October inventories and sales rose, yet analysts warned the economy’s pace remains uncertain for early next year.
United States District Judge Edward J. McManus ruled for LeaseAmerica in a case against the Small Business Administration over about 5000 dollars in leased beauty shop equipment. The dispute centered on equipment leased to Margaret Paine of Dubuque who had a 24000 dollar SBA loan when she declared bankruptcy in February 1874. The SBA claimed it had rights to the leased equipment, but the Cedar Rapids firm prevailed.
Police arrested two men on Linn County warrants. Douglas Dean Besler, 26, of 1263 First Avenue SE, faced charges of possession of a controlled substance and two counts of driver's license violations. Kevin Bart Shaw, 19, of 1210 Third Street SE, was charged with criminal trespass and intoxication. Additional details were not available.
The Cedar Rapids hog market Monday showed steady tones with price ranges noted for live weights 200 to 230 pounds at 48.50 to 49.00 dollars and larger weights discounted per 10 pounds. Sows around 300 pounds were 37.50 to 38.00 dollars, with various discounts for weight, yield grade, and packer margins reflected in regional reports.
Gregory Alam Brien, 24, of 420 Bowling Street AW, charged with assault with intent to commit great bodily injury after allegedly beating his wife Cindy O’Brien. She was hospitalized at St Luke’s and released next day. Police noted an earlier disturbance at Bugsy’s. Brien held on $2,000 bond at Linn County jail.
Corn and soy prices edged lower with declines of 1 14 to 4 cents for December contracts while oats and soybeans also slipped. Wheat futures eased 2 to 4 cents a bushel. In Des Moines livestock trading remained moderate with steady butcher demand and varied packer bids across weight classes. Estimated cattle receipts reached about 70,000 with weekend and prior day totals reported.
Edward R Lynn administrator of Jennie Edmundson Memorial Hospital in Council Bluffs has been elected to the board of directors of Banks of Town Inc the Cedar Rapids based bank holding company Lynns replacement of Oscar E Johnson who has retired Lynn a University of Illinois graduate with a master in hospital administration from Minnesota joined Jennie Edmundson in 1968 and has served at Council Bluffs Savings Bank a Banks of Iowa institution.
The Daybreak Optimist Club voted Monday to support the community counter bond issue on the upcoming election Tuesday. The public relations committee said the unanimous vote followed a program on the topic presented before the club last week.
Cedar Rapids police logged nine battery thefts over the weekend. Victims include Michael Berger who had a $25 battery stolen from a car, Terry Burger with a $35 battery, and two vehicles at Underground Parkade. Other losses stemmed from residents at Third Street SE, with four cars reporting $30 batteries, plus districts in Marion and various addresses including Meth-Wick Manor and Monticello.
Iowa Manufacturing Co will close from December 24 to January 5 for an unpaid employee vacation due to downturn. Vice-president Jack Lidwell said the move reflects recent declines, with several workers already laid off. Similar holiday shutdowns are planned at Iowa Steel and Tron Warles. FMC and Harnischfeger also announce paid or unpaid breaks through year end.
The ashes of two U S Navy airmen shot down over China during the Vietnam era were flown to a Thai identification center en route to the United States. Lt Cmdr James L Buckley of Sioux City Iowa and Kenneth W Pugh of Lancaster California are named as the pilots. Other crew members remain unnamed. The remains will be processed at Camp Samaesan before transfer to the United States.
A woman injured when a thief snatched her purse as she ran from her garage behind her residence. Margaret Rohhbacher reported parking at 10 30 p.m. Friday and being knocked to the ground as the purse slipped from her arm. The purse contents valued at 3 included $1 cash and credit cards. She was treated and released at St Luke's hospital.
A faulty switch in an auto accidental emergency radio transmitter caused a CAP search. A Continental flight reported hearing a signal from an emergency locator transmitter near a triangle between Iowa City Mason City and Waukon. The Cedar Rapids CAP located the transmitter at Cresco airport.
A demurrer hearing on the Iowa helmet law for cyclists was continued to January 6 after Judge Anthony Scolaro of Linn County district court overruled an initial demurrer when the defendant’s attorney did not appear. The case involves Duwayne Silvertsen, 1067 Center Point Road NF. The Daily Iowan reported prior remarks about the case and noted that other judges had addressed helmet ticket legality, with recent rulings upholding constitutionality for cyclists cited.
United Way campaigns near the 1976 goal with 1 254 244 in contributions and pledges. This total equals 87.2 percent of the 1 442 601 target. Drive chair Emmett Scherrman urged more gifts and provided contact details for donations. Several employer groups reported no participation or increased giving, including Life Advertors and others.
Three Cedar Rapids youths were charged with possession of a prescriptive drug and a controlled substance after police stopped their car for erratic driving near Washington High School. Suspects Robert J. Schladetzky 18 George W. Dury 18 and Donald Barrigar 17 faced bond amounts. Barrigar released to parents, the others posted 500 dollars each.
In Linn county near Whittier a 900 pound black and white Angus was killed by mutilation in a Don Stickle pasture between Thursday 5 p m and Saturday 9 a m Deputies found removal of the left eye tongue afterparts sex organs Stickle a livestock feeder and bud rental operator valued the steer at FHM Last Tuesday Stickle reported six heifers mutilated in the same pasture Investigation shows cattle killed over a six week span
Steven Melvin Hahn, 21, of 1270 Third avenue SE, charged with receiving and concealing a stolen guitar tied to a Dec 22 1974 theft from Kevin Carney of 222 Fifth avenue SW. Guitar recovered.
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