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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 15, 1971
Page
14
New York and Chicago markets edged higher after banks cut the prime rate, with the Dow up and cattle futures showing gains. Analysts noted the rate reduction boosted investor optimism, while livestock traders reported higher steer and heifer prices in Chicago and Sioux City.
Fragmented OCR text from Omaha livestock trade notes shows cattle prices and bids with garbled terms. Mentions buyers, cows, prime stock, and a Friday auction. Mentions 125 voters and 2295 with a choice note. Overall unreadable but indicates mixed cattle bidding and futures.
Agricultural market notes show cattle and hog prices with weights and grade adjustments, plus packing and weight-based discounts. References to corn, wool lambs, and feed costs appear alongside scattered TV program listings and entertainment mentions, reflecting a noisy, fragmented date-specific farming and market page.
Chicago AP reports soybean prices jumped as buyers eyed grain markets while corn, wheat and oats rose. Soybeans moved higher with January at 3.08 and March at 3.72. corn led gains early, March 1.5738, and wheat climbed with March 1.724. Market notes listed cash grain bids including No 2 yellow corn and No 2 white soybeans, with firm bids for soybeans No 1 yellow at 12.180.
Monticello airman Roger Boxers stationed at Horton base died Thursday in a San Bernardino home blaze. Survivors include his father John of Monticello four sisters and a brother Cari of Cedar Rapids.
U S Judge Edward J Mc Manus grants indefinite continuance to Cedar Rapids and city councilmen in a suit filed Jan 6 by promoters of a triple X theater. A hearing on a motion for a preliminary injunction is set for Monday at 2 1 p m in Goeitsch funeral home. Mayor Donald Cauney will be abroad next week with a Towans Care delegation to Paris seeking info on Towans held in North Vietnam.
A Pacific Northwest storm battered the Oregon and Washington coast, with gusts reaching 90 mph inland and a Mt Hebe radar reading of 138 mph. Flooding threatened after heavy rains melt snow, as downed trees and damaged plate glass closed highways and toppled mobile homes and garages in Astoria Seaside and nearby communities. No serious injuries were reported.
R L Davis of Des Moines seeks to establish triple KX theaters in Cedar Stupids and others. He aims to remodel a building at 411 Second Avenue SE for a movie house and pursue a building permit theater license plus 347250 in damages from the mayor and councilmen. The City Council denial and water license dispute are cited as issues in the pretrial stage, with additional notes on local activity such as Tiny Tots tumbling classes and a weight reduction program.
Kerry Trickey daughter of Mr and Mrs Ker pit Rasmussen of 1618 Eleventh javenue SW has been named to Ithwe honor roll for the Fall gran iter at the University of Southern Hlinvis The Giltree January Sale Save 10 to percent Adv 22 Granddaughter dies Mr and Mrs Henry Junior Star of 6323 Parkview drive SH received notice that their granddaughter died shortly after being born Jan 13 Graveside services for the infant daughter of Mr and Mrs Laurence Heggebo will be Saturday at 2 pm at Midwest tear of Memories in Water loo
Catholic Laymen elected officers including Kart Anderson as vice president and Herman Strecklein as treasurer at the 1st Ave SE unit. Also notes a rental ad, garden center specials, karate classes, a car burglary at Kennedy High School, and a yoga event led by Dr. Sturgeon at 10th St SE with contact details.
Washington reports December manufactured output up 4 percent from November and 11 percent above the 1957-59 average, led by General Motors and auto supply industries after last fall's strike. Overall factory activity varied little in other major groups, with auto assemblies rising to seven million units from four million in November, and January schedules signaling further expansion.
The Cedar Rapids Traveling Men club elected officers at its sixth annual meeting at the Moose club Thursday night. Elected were Hunter Baylor president Frank Sheppard vice president Harlan Witte secretary Dennis Hrabak treasurer William Stewart Robert Procha Robert Procha Jr David Thompson Ralph Anderson and Robert Gensicke directors. Bob Harper of KCRG was guest speaker.
Linn-Mar high school selects non ex officio student members for the school board. Nancy Gross, 17, and Keith Wright, 07, will serve with the adult trustees after final council approval. Wright is also president of the Linn-Mar student council.
Survey of the Mammoth Cave system reports around 150 miles of explored passages. Positive findings from exploration teams map additional corridors and potential new chambers within the cave in Kentucky.
Deposits rise 3.8 million at Perpetual Savings as 1970 annual meeting shows assets over 67.4 million and reelects officers. Separately, three men were arrested on check fraud charges in Cedar Rapids with bonds set and warrants issued by local authorities.
Former President Johnson has a mild case of viral pneumonia and is progressing satisfactorily at Brooke Army Medical Center. He is confined to bed, with no fever, and doctors say the illness is not related to his past heart condition.
In Lancaster Ohio a classified notice asks about a goat theft at 801 Maison and mentions a dry cleaning bill and a 400 dollar amount. The fragment signals a reader inquiry or accusation regarding stolen livestock and related charges.
In Dallas AP report Harvey Labhan discovers through old papers that his birth certificate named him Harry instead of Harvey. He plans to file a court action to correct the birth record while keeping his son Harvey Labhan Jr.’s name unchanged. The nurse’s handwriting error prompted the switch and the family discusses the potential legal fix.
Johnson Products Co, maker of Ultra Sheen Afro Sheen and related hair care lines, becomes the first predominantly Black owned firm listed on a major stock exchange. The NYSE listing notes 200,000 publicly held shares, $100,000 net income, $3 million assets, and $12.6 million sales for the year. Johnson, founded in Chicago in 1954, owns 83 percent stock.
The Emergency Room lounge at 4650 First Avenue NE was broken into Wednesday night or early Thursday. Officials report cash and checks stolen along with 22 bottles of whisky. The value is listed as 471 88.
The Pallams canal opened on 15 1914 with a tug assisting the first vessel through the new waterway. Officials hailed the milestone as a major transit route expansion for international trade.
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