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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 07, 1975
Page
10
New York stock prices fell broadly after postwar unemployment rose to 4.2 percent in January. The Dow Jones average slid to 706.12, down 8.08, on active trading as traders noted vulnerability after a two month rally and profits take amid weak NYSE and American Exchange indices.
Chicago market roundup shows a generally strong tone for farm commodities with soybeans up 12 cents, wheat up about 1 dollar, corn higher, and oats and nuts advancing. The report details price shifts across futures and notes improved volume versus recent sessions while listing various grain and commodity quotes from Chicago and New York.
Ethiopian soldiers clashed with civilians on the southern edge of Addis Ababa, with gunfire lasting about an hour after midnight. Reports indicate hundreds died in week-long fighting in Eritrea province, though exact parties and motives remain unclear.
Friday’s market report shows lower prices across beef, pork, and dairy with weights from 200 to 400 pounds receiving mixed adjustments. Packers cut bids for heavier cattle while hogs and sows softened, and grain and silver futures noted mixed activity alongside regional price shifts in Postville and Waterloo markets.
Fragmented items and classified blurbs show ads for appliances wanted and sold, rental listings, a promotion, a truck entry theft report, piano lessons, tape deck thefts, local dining promos, a marriage anniversary mention, a memorial service, and community activities in a mid century city newspaper. Individuals, addresses, and businesses appear with scattered dates and prices.
ROCKVILLE Md Martin Marietta Corp reported 1974 net earnings rising 4 percent to a record 80.8 million or 3.58 a share while sales topped 1.2 billion. Fourth quarter earnings climbed 15.5 percent to 14.0 million or 0.65 a share, the best Q4 result to date.
The Iowa state junior boys judo championship finals will be held Saturday at the Central YMCA. Youthful judokas from across the state will compete in age groups A through 6 years with trophies awarded in each division. The event is sanctioned by the Iowa Amateur Athletic Union.
A public hearing on the 1975 70 budget for Kirkwood Community College will be held Thursday at 4 p.m. in the Linn Hall board room. The budget proposal of about 129 million was restated at an January meeting of the Kirkwood board. The hearing precedes a repute voting meeting as directors open the budget for public study in the superintendent's office.
Janverne Turiquin elected president at Quaker Oats Credit Union meeting. Jonny Roger Johnson named vice president and Trin Kirkpe rvick secretary treasurer.
The December 1974 clearing figures show totals of 23, 72,717 in New York and surrounding hubs. Samary WO last year reported 1,278 in clearings, with Rae noting similar activity.
The Cedar Rapids recreation commission elected D E Grim as chairman at the regular meeting. Nevin Nichols was reappointed recreation director, AA Igraum named vice chairman, and John K Battin will serve as secretary. A survey by Mt. Mercy College student Mrs. Donald Oxenford indicated resident interest in recreation opportunities near the Ambroz repression center. The commission approved the 1975-76 budget, and Nichols and another member were authorized to attend an inflation recession seminar in Chicago March 13 14. The twin city agreement with the community school district for Cheast of Bonderpool was renewed. A policy to separate swim coaches from lifeguard applicants was confirmed. Nichols was authorized to obtain price quotations for a not yet specified item.
Arizona man Glenn A. Elkins, 45, of Phoenix, was charged Wednesday with carrying a concealed weapon after allegedly displaying a pistol on a bus. Witnesses told police Elkins allegedly pulled the siren and threatened a woman seated across an aisle. He was arraigned at the Greyline depot and bond set at 5,000 dollars.
Cedar Rapids will receive 646658 from federal rent assistance to expand housing. The funds may support up to 315 existing units or 157 new ones, adding to the city’s 520 units under lease. The program aims to aid low income renters and boost construction statewide, with administration set up by mid next month. Mayor Don Cunney called the plan potentially great for housing in Cedar Rapids.
In a brutal case, Nancy Fuller Alyatter, wife of retired Wrigley executive Atwater, was found bludgeoned and hidden in a barrel at a Corona Del Mar home. Nurse Daniel Garbis Bedellan, 40, confessed to the slaying and was booked on murder charges. police linked a wrecking yard tie and suspect alibis to the investigation. The case ties to the Wrigley family, with Atwater’s connections noted.
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