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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 21, 1973
Page
20
New York trading opened with broad losses as investors weighed mixed signals and weak earnings. Dow Jones and associated major indices fell while several blue chips faced selling pressure. Dealers reported cautious sentiment amid expectations for a slower economy and higher interest rates.
Friday and Thursday quotations indicate steady prices for delivered butchers and packing sows with weights 200 to 280 pounds. Packers’ rates vary by weight, with price adjustments by grade and weight. reports include cattle and livestock futures, with New York and Chicago market references and notes on ex-dividend terms for related financials.
A cluttered page of city briefs reports variegated local ads and notices. Mentions Kennedy High on Aertel Street and Daly's Stead Market with pricing, plus Christmas events at the YMCA and Santa visits. Police report car thefts on Serond Street NW, and miscellaneous promotions for local shops and crafts stores.
Six ice skating rinks will open in the area with schedules for weekdays weekends and holidays. Rinks at Arthur school playground Cleveland park Meerond hark and Jeealya will open Saturday with holiday hours posted. the holiday period runs through Christmas Day and reopens afterward at designated times.
AP reports soybeans and oil soy complex rising on the Board at tracking day with strong gains. Wheat fell slightly though corn hovered near steady as prices show mixed movement across commodities with notable declines in some grading metrics.
Merion council gives first reading to an ordinance establishing load limits on local highways after an engineering study. Plans include 12 tons on the Milwaukee overpass and 16 tons on Indian Creek streets, with other limits and zoning actions discussed. Deputy mayor takes oath December 28. incoming mayor Willige Grundy to assume duties.
Marie Morgan 71 of Marion Iowa died in a Cedar Rapids hospital. She was born 1902 and married Bark Weaver who died 1954. She was murdered by Walter Magan in Iowa City. Survived by two daughters, two sons, grandchildren, and a brother. Services at a Marion chapel conducted by Reverend Charles Moore. Burial at Oak Grove Cemetery.
The Marion Council approved changes to relocate the assessor office site amid talks on local property assessments. The action follows years of planning and involves the city hall area, with references to prior audits and proposed remodelling projects.
Holiday postal hours announced with Christmas Day closure and altered service. Post offices will close at noon Monday and be closed Christmas Day. delivery will be limited and special holiday routes operated. Mail collection Monday evening before Christmas is restricted. Marion offices reopen Friday and Saturday with extended hours for holiday shopping and deliveries.
Public Works Supt. Wayne Murdock was directed to assess buying or retrofitting storage tanks as a safeguard against monthly fuel allocations tied to 60 percent of prior year usage. The plan hinges on January 1972 fuel needs and February consumption, with limited storage capacity currently around 14,000 gallons of gasoline and about 40,000 gallons of diesel.
Federal judge Edward McManus in Cedar Rapids dismissed a court action finding Penn Central Railroad not liable for the fatal auto accident where vehicles collided with a rail car. The ruling ends the case against the rail company.
Fragmented OCR outlines a vehicle theft report with references to car entry and loss events. Names, places, and exact actions are garbled, but the gist shows a stolen vehicle scenario and related police interaction.
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