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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 16, 1974
Page
10
A wave of selling hit the Chicago market as profit taking pressured most active futures on the Board of Trade. Sharp declines dominated late trading amid broad liquidation.
A civil service commission study accuses HUD officials of violating civil service rules while maintaining extensive patintignt files on employees and job seekers. The report links questionable hiring practices to the Housing and Urban Development department during the Nixon administration amid broader federal procurement concerns.
Cedar Rapids hog market reports higher bid prices with butchers weighing 200 to 270 pounds priced around 36.50 to 39.00, plus off discounts by weight. Stock market activity shows mixed results with Dow Jones down, Quaker Oats and industrials moving modestly, and investors cautious awaiting policy signals.
A government study alleges widespread political referrals in hiring by the Housing and Urban Development department. It cites panels with up to 1900 applicants and 400 file reviews showing most candidates came via White House or GOP channels.
Jom Willan Doslye, 22, of Cedar Rapids pled guilty to possession of amphetamine with intent to deliver. He was named in a federal indictment of three men and faced charges including importation of cocaine. sentencing delayed for a pre sentence report. Max penalty is 15 thousand dollars and five years in prison or both.
A dense city briefs page reports multiple car break-ins and thefts including a 9 22 Twentydlitthy Street Southwest car loss of tires and a taped radio, a 873 Twenty Avenue SW burglary with a stolen tape player and 16 tapes, and various home and purse thefts. Local businesses advertise sales, services, and holiday offers while KP journalism society welcomes a new Sigma Delta Chi member from Kansas State University.
Collins Radio secures a $700,000 deal to provide navigation receiver systems for Canadian armed forces Vutir aircraft. Donald R Beall announces the contract as part of Collins Badinis portable avionics, with involvement from Rockwell International Corp and Mandicapped Systems. The handicapped systems board meeting for Tuesday is canceled amid the notice page’s assorted ads and holiday listings.
Ten cars derailed blocking the westbound track injuring several workers. An official said crews cleared wreckage as investigators worked at the Marshalltown hospital where one man suffered cuts. No cause had been determined.
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