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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 13, 1976
Page
28
The Dow Jones average reversed early gains as profit taking pulled the Dow down about 6 points mid day. The NYSE composite fell while many top active issues showed little price change. American Exchange indices also softened amid market uncertainty.
Commerce Department survey shows businesses plan to spend 119.68 billion on equipment in 1976 down 6.19 billion from prior year while investment in machinery may fall 4 percent. price pressures push capital goods up 10 percent, with broader delays in employment. The report covers manufacturing, livestock markets, and farm pricing trends affecting 1972 to 1976 outlooks.
Goldie AL Wright 83, a Central City resident, died Monday in an Ames nursing home. Survived by husband Claude, a daughter Mrs James Wright of Aramosa, 11 grandchildren and 18 great grandchildren, a sister Mrs Earth Lexiger of Melfort. Services 1:30 p.m. Thursday at Murdoch chapel Central City. Burial in Troy Mills Cemetery. Friends may call after 1 p.m. Wednesday.
Fragmented legal notice references Mayor Lede and officials including Fire Chief James Barnes amid an investigation. Renae and Deca Marsmay are named in connection with alleged actions, with mentions of Orwlie Cow and Syto Weetions Chet in a formal notice context.
The Cedar Rapids council approved contracts and payment totals including 237.63 and 45424.65 and appointed several officials for 1976 1978 term changes. The session covered petitions notices and staffing moves with references to city departments and budget items.
The Cedar Rapids hog market reports steady trend for Tuesday with Monday prices for the bulk delivered hogs at 48.50 to 60.50 per cwt, sows around 36.00 to 38.50, and various adjustments for weight classes. It notes different ranges for butcher hogs over 240 pounds and price drops for higher weights, plus oats and grain tones and livestock quotes across Omaha and Chicago markets.
Police report seven incidents of stolen Citizens Band radios from vehicles and residences. Victims include Leland Saforek at 014 McKinley Street SE and Gerald Schaapwald at 1200 Sixth Street SW, with losses ranging from 40 to 400 dollars for radios and related gear.
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