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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 10, 1976
Page
9
New York AP reports traders trimmed profits but kept the Dow Jones average up for a sixth straight gain this week. The Dow rose 3.16 to 911.15, with a 52.42 weekly gain and a 54.72 rise since 1976 began, marking its best weekly showing since October 1974.
Livestock prices show moderate trade and mostly lower by 80 to 100 cents for butchers with some declines to 1.60. No 1-3 hogs 200-230 pounds bring about 48.00 to 49.50, 230-250 pounds 47.25 to 43.00, No 2-3 250-270 pounds 45.25 to 48.00, 270-300 pounds 42.00 to 46.50. Sows down 50 to 100 cents, No 1-3 270-330 pounds 87.26 to 89.28, 330-400 pounds 36.50 to 38.75, No 2-3 400-410 pounds 36.00 to 38.25, 450-650 pounds 35.40 to 37.76. Estimated receipts today 60,000 and Saturday 26,000, Thursday 69,000, week ago 60,000, year ago 42,000. Also notes prices for corn and other livestock items and a date reference to 1776.
Chicago Board of Trade futures edged down as trading stayed thin and export competition from Argentina weighed on wheat. Soybeans also slipped about a cent, while oil mixed and meal rose slightly. March prices shown for corn near 2.66, soybeans near 4.67, with general declines across wheat, corn, and soy markets.
Washington AP report: Searle and Co a Maine based pharmaceutical firm said it paid over 1.3 million dollars to employees of foreign governments to win overseas business. The bribes appeared as marketing expenses in home office statements and aided deductions saving almost 84 thousand in 1973 74. Disclosures filed with the SEC. No names or countries given. Employees told to refrain from such payments in the future.
Washington congress panel finds IRS missteps after an espionage cleanup created a tax evasion risk. Rep. Charles Vanik says the agency hampered information flow, discouraged informants and left the intelligence division demoralized, potentially aiding organized crime and tax avoidance.
The H and R Block Income Tax School, cited as the nation's largest private school by student body, has 69,000 students across 2,000 communities coast to coast and now makes its home in Kansas City Missouri.
Investor column of Lars Shuleky argues for a balanced approach to retirement income. It compares annuities with bond holdings, notes factors of age and gender in payout rates, and emphasizes building capital during working years before stepping to an insurance counter for secure lifelong income.
Labor Secretary John Dunlop was said to be considering leaving his post though no firm decision was reached. aides denied reports of a voluntary quit and noted ongoing discussions with management and labor leaders. The walkout by nine labor leaders from the presidents advisory committee heightened pressure on Ford over union rights. Dunlop urged resumption of constructive bargaining later, stressing the need to restore industry wide cooperation.
OCR text shows multiple legal notices including an estate executor appointment and a notice of incorporation. It references January dates, county, town, and various names and organizations, with implications of probate, debt, and corporate actions. The readable fragments indicate notices of admin, probate, and corporate formation procedures in local jurisdictions.
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