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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 22, 1975
Page
12
New York reports show a quiet trading day as the Dow Jones average slips 2.36 to 842.02. Investors point to a 7.71 point Friday drop and inflation data weakness while durable goods fall 1.2 percent. Carrier Corp. leads activity, steady at 4 1/8, with a 144000 share block shifting funds. The NYSE composite dips to 46.61.
Des Moines reports steady to slightly lower cattle and hog quotes with mixed offerings as buyers survey reduced shipping schedules. Des Moines and Sioux City notes list hogs 200 to 230 pounds at about 48 to 49 dollars, 230 to 270 pounds around 46 to 47 dollars, sows 330 to 380 pounds near 36 to 40 dollars, and various U S grade meat prices.
Washington report states Judge Gerald Gosell reduced Dwight Chapin’s prison sentence from 30 months to six to 18 months for lying to a federal grand jury. Chapin, aide to former President Nixon, had been jailed in Los Angeles for the offense. The ruling makes Chapin eligible for paroled release as early as February next year, contingent on the warden’s report and Chapin’s conduct.
Michael Charles Cus, 14, of 4M Kwellitt Street Marin, arrested for intoxication and criminal trespass after a disturbance at Tony's Pinas 3847 First Avenue at 2:30 Sunday. Police say he refused to leave when asked. He was posted bail and released from county jail.
Chicago on the Board of Trade saw soybeans fall while wheat and oats fluctuated. Soybean futures closed lower with a small loss to around 4 cents, with January at 4.56. Wheat fell about 1 to 1 1/4 cents, March 3.41. Corn moved mixed with March at 2.67, oats steady near 1.46.
A Cedar Rapids woman, Judy G. Feickert, 18, of 1202 L street SW, is charged with stealing checks from Joseph Kine and forging his name on them. Police arrested her on two forgery counts, but the county attorney filed only one. She is held in Linn County Jail on a $10,125 bond.
A special workshop meeting was scheduled for 4 p m Tuesday by the Cetlay Rapids Community school board to discuss remodeling four junior high schools. The board weighed using 2.5 mill schoolhouse funds for the 50 year old buildings McKin Jey Roosevelt Franklin and Wilson but was deadlocked. A seventh board member who had been absent was hoped to be present for the discussion.
Steven A. Karlan, 18, of 433 Nilsen Rd NE, charged with criminal trespass and disturbance at Jerry's Back Room 83386 Center Point Road NE. Earlier he was treated at St Luke's Hospital for a head wound after a fight at 396Y Center Point Road. Bond set at 125 dollars. released from Linn County Jail.
Larry D. Brown 38 of Cedar Rapids was fined 4000 and given a suspended sentence after pleading guilty to two counts of failing to file federal income tax returns. He formerly owned Mr. Larry's House of Styles barber shop and had been charged with four counts for 1969 to 1972, two counts were dismissed. He received three years probation and was ordered to pay back taxes.
Three youths, including 19 year old Rick LeRoy Lineweaver and two 17 year olds, were charged with receiving stolen property after police recovered items from Rapoport Auto Parts and river bank hideouts. Items seized included $45 of anthreege and $10 in charge. One juvenile released to parents after 12 hours. Lineweaver in Linn County Jail on $5,400 bond. Investigation continues.
A collage of small notices reports a car battery theft, bank holiday closings December 24 to 26, broken windows at Knickerbocker, a wrestling event on January in Ames with coach line, and various ads for gifts, coins, stamps, florists, and a navy blue leather coat for sale. Several contact numbers and addresses appear amid the ads.
Linn deputies investigate four breakings reported to the sheriff over the weekend. Stolen items include cash, a coin collection, a shotgun, rifles, a stereo, a projector, and other values from Cedar Rapids and surrounding areas. Also notes on a hairdresser seeking clients, ski holiday ads, and local business promotions appear in the same notice.
Larry Croxell of Springville pled guilty in Gadar Rapids federal court to forging a $207 treasury check and cashing it, receiving a suspended sentence, three years probation, and restitution. The second count was dismissed.
The air force announced the four day revolt against President Isabel Peron has ended with rebels signaling an accord. Barricades were removed at Buenos Aires airport and Moron base. Rebels led by Orlando Jesus Capellini said they would not surrender until Peron steps down. Videla refused to replace Peron, while unions urged a general strike.
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