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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 03, 1972
Page
16
Market brief notes stock gains easing as trading winds down. Investors watch key indices and corporate updates amid mixed earnings signals. Stronger sectors include utilities and industrials while tech lagged.
The report notes mixed stock activity with gains and declines on the HAR Joard and mentions a strong stock split hint. It suggests investors eye mortgage rates and building activity while noting a mining firm New Idria Mining with a quoted price of 244.
A detailed market summary lists prices paid Friday for hogs and cattle, noting weights from 200 to 280 pounds and varying by grade, with many lots delivered to packing plants. It also reports meat prices for producers, horse and dairy markets, and regional quotations from Chicago and Omaha, capturing the day’s trade activity and notable price shifts.
Linn County grand jury convened Monday considering 25 cases including a murder count against Rosetta Sistue Itunes and a fatal Wats accident. Indictments include arson against Edward Jacobsmeyer and assault with intent to commit murder against John Blanchett. Trial witnesses and a potential fourth committee are noted as prosecutors anticipate four more cases.
George Clifford was candidly elected chairman of the county board of supervisors at Monday's initial reorganizational meeting. In a routine session the board also disposed of annual business and made standard appointments.
Chicago AP report notes soybeans closed about 5 lower amid profit-taking by local professionals. Soybeans dipped around 4 to 5 points, withMarch delivery down 1 1/2 to 3.064% as corn moved lower. Market oddities and scattered bids were seen as traders adjusted positions amid choppy futures activity.
Fragmentary market note from Postville shows steer prices and bids for various weights. Mentions 2820 and 28.02 figures, with prices around 10.30.50 and 19.00 in unclear format, lacking full context or clear entities.
CHIOGGIA Italy report states Zino Maggio walked into his home during a death vigil to find relatives had mistakenly phoned the hospital a day earlier thinking he was alive. Funeral plans were canceled and the family planned a different kind of remembrance.
Road reports list up-to-date conditions for Cedar Rapids Maquoketa Storm Lake area highways with a contact number 219 386 1387 and references to BAS A721 YMY GEDA 27A.
A miscellaneous city brief list notes The Rev George to speak at the Elks Club Tuesday noon. A camera valued at 34.98 was stolen from a Guilti store on Sunday. A county meeting and sheriff's programs are set for Wednesday at the Elks Club and Hoogewell Intel. A funeral for Laverne Sleitset is planned. A burglary at RPG Transport Co. and a home entry with theft of stereo, a gun, and TV is reported with losses around 1,030. Various ads list sales and services in local neighborhoods.
Mrs Virgil Shepard of Ames won the presidency of the state Board of Public Instruction, narrowly defeating Robert Reacher of Creston as J J Heronimus of Grundy Center was chosen vice president. Shepard, serving as acting president since December, secures a second six-year term beginning 1976.
The federal court approved One Mill Street Grocery at 1201 Fifa direct MW to accept government food stamps again. Operator George Namer, 44, previously convicted in 1978 for fraud related to stamps, was fined $1,100 in 1970. Federal rules allow food stamps only for eligible purchases.
In Buenos Aires 103 deaths were linked to a heat wave last week. Public Health Service reports 60 hospitalizations and 100 people requiring treatment remain hospitalized Monday. Police report notes severe heat impact on the capital.
Lonny L. Wall of Kneflwind Drive SE was charged with disobeying a traffic signal after a two vehicle crash at Second Avenue and Sixth Street SW. Vehicle operated by Robert B. Carson of AS Fifth Avenue SIW collided at the intersection. Carson’s wife Danihe 31 and daughter Joni 9 were treated at St Luke’s hospital.
Manchester Delaware Shanty Sheriff Mike Barry announced on Monday he will not seek re election after serving nine years as sheriff and eight years as deputy.
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