Market Advances on Bank Rate Cuts and Oil Wave
New York stocks rose as prime rate cuts by banks and easing oil prices supported gains. Dow added 1.88 to 733.04 while the NYSE composite rose. Bank of America matched the rate cut, and airline shares led on the Big Board amid cautious trading.
MENTIONED IN THIS ARTICLE
New York
ORG
New York Stock Exchange
First National City Bank
Califor
LaRue Sentencing Set for Thursday in Watergate Case
Frederick LaRue a associate of former Attorney General Mitchell is set to be sentenced March 7 for his role in the Watergate cover up Judge Joli Sirica fixed the date LaRue of Jackson Mississippi pled guilty in conspiracy on June 27 1973 at 44 he could face up to five years in prison though a lesser sentence is expected The piece also notes the 1842 date when Japan invaded Java during the Pacific war.
MENTIONED IN THIS ARTICLE
Washington
Frederick LaRue
Mitchell
Joli Sirica
LaRue
Jackson
Miss
Markets See Sharp Slide in Farm Commodities
Chicago reports six straight days of falling farm prices across soybeans wheat corn and oats with March futures down notably. Cash grain markets in Chicago New York and Des Moines show mixed bids while hogs cattle and egg markets display uneven activity in regional trading centers.
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Chicago
New York
Promicr
USDA
Janey
Budget Hearing Set at Waukon
Public hearing on the proposed city budget in Waukon is scheduled for Monday for 602,783 dollars. The 17 expenditures totaled 540,147 dollars with 25 69f added to be raised by a general tax levy 126,104 from land use tax and additional funds from federal programs and other sources.
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Waukon
Yan
Federal Povertie
Losides
Cedar Rapids hog market slips as prices vary by weight
Friday Cedar Rapids hog market shows lower cash bids with ranges by weight and condition. Prices paid for loins, sows, and butchers vary from about 26 to 75 cents per pound, with steer and heifer quotes, grain notes, and silver futures quoting modest shifts.
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Cedar Rapids
Settlement awarded to widow in Bandag director crash case
A $5 million settlement was awarded to Katherine Hodgson of Evanston, widow of William L. Hodgson, in a Cook County case over the 1973 Chicago plane crash. Beech Aircraft Corp. was ordered to pay 43 percent, Butler Aviation International 33 percent, and Automation Industries 20 percent. Five other suits remain pending.
MENTIONED IN THIS ARTICLE
Mel Hodgson
Beech
Lible
Butler and Automation
Dent Named Trade Envoy in fifth Ford Cabinet Shuffle
President Ford nominated Secretary of Commerce Dent to be special representative for trade negotiations. The 52 year old former textile man would replace William Eberle, carrying ambassadorial rank. Dent has led commerce since February 1973. Eberle resigned earlier this year. Senate opposition complicated the original plan to name Laurence Silberman to the post.
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Washington
Ford
Dent
Willian Eberle
Eberle
Laurence Silberman
Long
D-La
Curtis
Grand Larceny Case Dismissed by Judge
A grand larceny charge against William G. Stolba was dismissed by Lith district Judge William Eads on Wednesday afternoon after the complainant joined the armed forces. Stolba faced accusations of stealing auto parts valued over $200 from Donnie Webber on January 28. The county attorney recommended dismissal since the complainant could not testify.
MENTIONED IN THIS ARTICLE
William G. Stolba
Route Three
Lith
Willian Eads
Miursiay
Stolba
Donnie Webber
Route One
Palo
Soviet aid to first Cuban atomic plant reported
Prensa Latina said Thursday the Soviet Union will help build Cuba’s first atomic power plant as part of a broader development program. Details on scope and timeline were unclear in the fragmented dispatch.
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Mexico City
Soviet Union
Prensa Laetina
Aloie
Beyenr
VOR
Ie Jewsacy
Area Farmers Price Fixing Suit Dropped
A U S District Judge Edward J McManus dismissed the $1.39 billion price fixing suit filed last September by five Eastern Iowa farmers against Kroger Safeway and A and P. Named plaintiffs are barred from similar suits but unnamed Iowa farmers remain in a class action. Defendants drop sanctions demand. each side bears its own costs.
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U.S
Edward J. McManus
Mucninyg
Iowa
Firrma
Defendents
Kroger
Safeway
A and P
Luwa
4 Clues
William Lilienthal
Herschel Fiteer
Kenneth Frey
Dean. Ripson
Durant
Delmar Klatin
Wil‘ton
Probe into Deputy Use of Force in Toddville Arrest
Te Linn county sheriff's department investigates a complaint of excessive force by Deputy Gene Parks during the arrest of Patrick Kaplan on a rural Todaville road. Kaplan was treated at St Luke's hospital with a broken cheekbone and other injuries. Parks says Kaplan slipped while handcuffed and fell. Kaplan alleges a flashlight strike. Kaplan faces intoxication and assault charges.
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Te Linn County
Parks
le Blame
Kaplan
Blame
Gazette
C. R. Woman Faces Shoplifting Charge
Reltier L. Foreman aged 25 of 503 C avenue NW was charged Thursday with shoplifting jewelry valued at 24.17 from Osco Drugs 207 Second Avenue SE. Police say she tried to leave at 2 15 p m with one item but was detained by store employees until officers arrived and held in jail on a shoplifting charge.
MENTIONED IN THIS ARTICLE
Reltier L. Foreman
C Avenue NW
Cedar Rapids Youth Faces Breakin Charge
Cedar Rapids man faces breakin charge after police report a theft at a residence on Ninth Street SW. Victim Bantry Walle reported stereo equipment valued at 184 dollars and 120 dollars cash stolen. items recovered later. The suspect, 14 year old funtes D Ammey of Fight Street SW, is jailed on a bond set at 82.50.
MENTIONED IN THIS ARTICLE
Funtes
D. Ammey
Bit Fight Street
Bantry Wallewaber
Steent
Amoy Wis Laken
Second Degree Murder Verdict in Caslavka Case
Graydon Caslavka, 27, of Cedar Rapids was found guilty of second degree murder in Linn district court after pleading guilty to murder. Judge Harald Vietor set sentencing for March 26 and ordered Caslavka held at Oakdales pending sentencing. Cady, 26, of Walker, died from a 38 caliber gunshot at Fat Harding High School where both men worked as coaledians.
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Graydon Caslavka
Cedar Rapids
Linn District Court
Harald Vietor
Caslavka
Redginald D. Cady
Walker
Cassavka
Victor
Vietor
L P
Iowa
Oakdals
Caslavika
Linn County
Cady
Fat Harding Junior Hegh School
Trampoline Suit Dismissal Sought By Manufacturer
The Nissen Corp seeks dismissal of a 1.9 million lawsuit over a trampoline accident at Linn District Court. Cynthia Olson, harmed Feb 8 1974 during a double badflip under Phyllis Brueher’s supervision, claims pain and lost ability with injuries including a paralyzed body from the waist down.
MENTIONED IN THIS ARTICLE
Nissen Corp
Linn
Cynthia Olson
Nissen
College Commuity
Phyllis Bricher
Miss Olson
Phyllis Brueher
Abili
Defective Wiring Blamed for Fire At C R House
A Friday fire on the second floor of a two family dwelling at 901 802 Fifth Street SE caused extensive damage and left three people homeless. Officials attributed the blaze to defective electrical wiring. Occupants were Lucy Wenner Chet Wenner and Gladys Odland. The Red Cross assisted with shelter. No injuries were reported. Firemen remained at the scene.
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Fifth Street
Lucy Wenner
Chet Wenner
Gladys Odland
Red Cross
No Federal Jury Indictments or Reports on Cedar Rapids Probe
U.S. Attorney Evan Hultman says the Cedar Rapids federal grand jury will not return indictments or file a report this session about the police bugging investigation. The panel has studied alleged eavesdropping at the Cedar Rapids police station and may decide to file a report if they bring findings.
MENTIONED IN THIS ARTICLE
Federal Grand Jury
U.S. Atty
Evan Hultman
Cedar Rapids
Federal Court
Grand Jury
Hultiat
Agai
Hultman
Woman Arrested on False Check Charge
Mary Beets 38 of Sixth Avenue SE was arrested on a warrant for false uttering of a check. She allegedly cashed a bad $26.81 check at Kieck's department store on January 17 from a closed account. Beets posted a $600 personal recognizance bond through the department of adult correctional services.
MENTIONED IN THIS ARTICLE
Mary Beets
Sixth Avenue SE
Beets
Kieck’s Departmentatore
Thirty-second Street
Reess
Department of Adult Correctional Services
Cedar Rapids man sentenced in Buchanan County court
Independence report states Danny Van Buskirk 28 Cedar Rapids received a suspended ten year sentence to Fort Madison state pentitentiary after pleading guilty to larceny for the June 8 burglary at Boubin Tire Co. where merchandise over 20 dollars was stolen.
MENTIONED IN THIS ARTICLE
Independence
Danny van Buskirk
Cedar Rapids
Fort Madison
Buchanan County
van Buskirk
Boubin Tire Co
Johnson authorizes limited air war to push negotiated VN end
On this date in 1965 President Lyndon Johnson announced continued limited air attacks on North Vietnam to pressure a negotiated settlement of the Vietnam conflict. The decision signals a sustained effort to seek talks while maintaining bombing initiatives.
MENTIONED IN THIS ARTICLE
Lyndon Johnson
North Vietnam
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