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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 17, 1971
Page
23
Financial and market notes show soybeans gaining sharply while futures and indexes wobble. Dow Jones Industrial Average fell to 870.86 as profit taking tempering a prior rally, amid a wider market backdrop including a G10 finance ministers meeting and news on Abacus Fund consolidation.
The record notes a scheduled hearing on Route 149 realignment. The fragmented text references livestock market prices in Sioux City and Chicago produce quotes, with various weight categories and prices, alongside mixed garbled lines about arrests and local notices.
Jury convicts Jackie Pieter Boer of possession of hashish for sale in Linn County. The 24 year old was seized at Cedar Rapids airport after a search warrant found hashish valued at 28 000 dollars. Sentencing set for March 6 with potential two to five year term.
Cedar Rapids teachers and administrators voted to approve a 4.01 percent raise for the 72 73 package. The starting salary for a first year teacher rose to 7480 with a 2.05 percent increase. Maximum salary for 20 years plus master’s degree rose to 15048. District paid life insurance of 5000 added. School board to act Monday night for final approval.
A report details the escape of William Albert King, 22, from Oakdale Medical Facility near Anamosa. King, jailed for breaking and entering in Fort Madison, fled Thursday after being taken there for treatment.
Turner could receive up to 142,000 under anti trust law penalties if all defendants are convicted in the Story County investigation into International Harvester dealer price fixing. The attorney general and county attorney would share a quarter of the proceeds, amid disputes over the extra 10 percent pricing used to recover delivery costs.
Cub Scout Pack WA presented awards Thursday at Cleveland with Adams achanl Monty Acoms Jett and dim Beer among attendees. Pack 33 at Cleveland reported awards to Wert Bolg Weaver and others. Pack 2h distributed recognitions Thursday at Hoover School with Curfman Linke man Mut ching Wegman Cahn Haven Nickell Hill Filis Longfellow Oster Schultz Meskimen Moore Bennekamp Nechanicky Olson Yonker Gonilal Kellnar Woodmen Behrens Knoll Nading Semiveurs Murray Shakespeare Huarst Van Nele Vreaman Shakespeare and others.
WALLINGTON AP reports national personal income rose in November by 3.5 billion as wage price relief effects began. The Commerce Department noted the increase after a $1 billion prior gain and a freeze expiration on November 13.
The highway commission on the location of interstate 1é between Cedar Rapids and Waterloo reported a 13 to 12 tally in favor of the Dogleg route. Resolutions from 25 agencies supported the Dogleg, with named towns and counties listed as supporters and opponents in the debate over the Palo diagonal and the 3BU route.
Bonuses totaling 36750 to 363 Armstrong associates are being distributed this week under a board approved plan from a Special meeting. Regular fulltime associates with over two years and with more than one year but less than two receive 125. Parttimers and those with less than one year get pro rata bonuses. Allan C. Perensky reports November store sales up 164 percent versus 1970 with year-to-date ahead, and December sales continuing the trend.
In Lusaka Zambia authorities authorize about 400 people to be slaughtered in the Lugawa valley to help relieve a meat shortage.
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