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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 18, 1978
Page
17
Stock prices from Abbott to Zurn and many names in between drifted and zigzagged through the day. Industrial averages fell modestly as some unionized peers clawed back. energy and tech firms showed uneven results amid shifting demand and currency effects.
New York traders faced a weak rally attempt in a volatile session. The Dow Jones industrial average finished down 0.60 at 752.69, logging a 34 month low for the third straight day as markets capped a rough week. Des Moines reports show steady undertone for eggs with varied farm prices across grades. U S west north central live hens market notes indicate light offerings and steady to mixed activity for February through April.
Iowa hog market shows slow demand with butcher prices down 50 cents to 1 dollar, sow values 50 cents to 1 dollar lower. Receipts estimated at 3 000 with 1 000 expected Saturday. Thursday receipts were 69 000 and week total 68 000. Futures in Chicago rise on soybeans and corn steady to higher for nearby contracts.
Elizabeth Young of Ohio rejected the Iowa Public Broadcasting Network executive director offer as salary doubts linger. Rodney Thole of Madison, Wisconsin, moves to second negotiations as lawmakers consider boosting the top salary. The previous director Thomas Ditzel resigned amid allegations of improper practices and a slush fund.
MaKOTews notes Irish folk singer Ross Sutter from Minneapolis will perform Thursday at the Marion Community Center for senior citizens. He will also teach in Marion Independent elementary schools during the week along with other weeklong center activities and meals for seniors Tuesday through Friday.
No Linn-Mar schools will be in session Monday. The day was originally a Washington's birthday holiday and will be used to make up a snow day. Additional makeup dates will be announced by school officials soon.
The Occult will be shown Sunday at 7 p.m. at Wilkins School 2125 27th St sponsored by the youth of Squaw Creek Baptist Church. The film documents the reality of satanic powers and is open to the public.
Marion Post Office will observe the holiday on Monday with no window service and no delivery except special deliveries on a holiday schedule. Lockbox service remains available and mail will be picked up from collection boxes. YMCA schedule lists family gym and swim 1 to 4 p.m. Farmers State and First National Banks also close. On this date in 1965 Gambia became independent within the British Commonwealth.
Iowa City School District teachers approve a base salary rise from 9 625 to 9 950 for starting teachers with a bachelor's degree and a clause allowing an increase to 10 050 if state finance rules permit.
In Linn County Iowa several probate actions are noted. Helen C Leighton Matt E Klouda and Clifford Hansen all have wills admitted to probate with executors named and six month limits for contest, creditors urged to file claims. Cedar Rapids and surrounding filings include ordinance and public notices on property vacating and bid solicitations for school district equipment.
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