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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 14, 1972
Page
17
Financial news notes shifting prices in the meat market. Cattle and hogs show varied costs with packing weights from 200 to 300 pounds. Pricing per hundredweight and discounts by weight tier are outlined, highlighting changes in supplier rates and delivery expectations.
The report outlines uneven Friday market activity with slight declines in several sectors while others hold steady or rise. Cattle and hogs show varied movement across major centers, with some price rises noted in specific districts and ongoing caution among traders.
DES MOINES reports the Supreme Court religion issue and a Senate race impact on the 102nd Congress. Walsh-Her-Dyhunge faces pressure over Veduyt decision Friday with a state capital press conference and possible withdrawal from the race for congress. New York produce markets show demand fluctuating for Lerraine, Pegona, Landaras with prices and deliveries noted.
A year in U S bombing protests left 17 dead amid political violence and harassment. The report cites pacific states as hardest hit and notes property damage estimated at 15.6 million dollars.
Washington reports the gross national product for the first nine months of 1972 grew only 2.7 percent in the third quarter as revisions lowered the earlier estimates. Officials warn inflation may ease but unemployment remains high and reassessment continues amid postwar economic tightening. Local ads and notices follow, including listings for antiques, services, and community events.
A boy was injured when he ran into the side of a moving car at Maverle and Filis howlev NW. The car, operated by Greg A. Loy, Mont Josinaet Si, left the scene. The boy was taken to Laskey hospital on Thursday for leg injuries.
Grains stage a general advance with corn and wheat futures edging up. Wheat closed modestly higher while corn and oats also gained amid cautious trading. The report notes a firmer tone across grain markets, with buyers pricing in tighter supplies and potential demand shifts.
In Baton Rouge Louisiana fear follows a Monday gunfight that killed two officers and two bystanders. Officials linked the violence to a suspected Black Muslim extremist group touring the area. Schools closed for a public holiday as curfew and heightened security were imposed. Police continued to investigate the incident and collect weapons found at the scene.
A HACAP board meeting sparked a heated debate over representation for low income groups and students. John Carpenter and others challenged the nomination while the board ultimately approved the Schleetisman recommendation for a James County representative amid objections from student senate and League of Women Voters factions.
The United taxpayers of America urged joining a nationwide conference on taxes to be held in Washington in the union's capital. Howard Balway, VA president, said a plan will oppose what he calls a flawed tax system adopted by European countries, citing significant shifts in policy.
President Giuseppe Saragat accepted Golda Meir's invitation to visit Rome. The tentative date remains unconfirmed as officials coordinate a meeting to discuss regional issues and strengthen diplomatic ties.
City briefs report a Friday chess club meeting at 330 Ket Sinex SH Kor, plus a Youth-Wilcox quarrel and YWCA invite for a Saturday Tell It Live event. Insurance ads appear and a home entry incident is noted, with savings deposits and bond-related figures mentioned in a fragmented local notice.
In New York on Friday noon, two banks lowered their base rates from 4 percent to 4.8 percent, effective Monday. The move was led by Marine Midland and was followed by Trust Co with other large banks contemplating similar reductions. The adjustments align with traditional fixed April pricing used by many commercial banks.
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