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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 03, 1972
Page
12
Financial and market notes show trading slow amid fears price centers may dent profits. Chris Craft prior preferred leads gains at 11.6 percent while Foxboro falls 14.1 percent trading around 32. Directors vote to pay back dividends as the company expects second quarter earnings to drop sharply.
Cedar Rapids and Waterloo reports show hog prices steady with deliveries. Bulk country and plant delivered butchers 28.00 to 28.50. sows 23.00 to 23.50. and over 230 pounds priced lower per 10 pounds. Packing plant deliveries range down with weight-based discounts. Stock market notes follow with mixed start and light trading ahead of a holiday.
Wholesale selling prices in Chicago show mixed movements with steady to lower delivered prices for staples. Rates vary by size and product, with large onions and other vegetables quoted at several dollars per carton and New York dairy and fish markets reporting irregular wholesale prices.
Town City man Richard Gough files a $100000 damage suit against Wayne Schoff and Schoff Construction Co of Lisbon after a hand saw allegedly fell on his head at Henry Sabin school on June 25 1970. Gough seeks permanent injuries lost earnings and medical expenses from the school district employee or subcontractor responsible.
Three Cedar Rapids juveniles were arrested by police Sunday at Roosevelt School after a breakin incident. Authorities described the youths as minors but did not release names or exact ages. The case remains under investigation with no charges disclosed yet.
City briefs report Lions Club member Robert Ellison will present slides from his Caribbean trip Thursday at the Roosevelt town hall. Also noted are crafts and antiques from The Old Howie at 30th Street SE, and a car theft incident involving John Brecht at 121 Outlock Drive SW where a vehicle was found on River Road SW missing parts valued at 493 dollars. The Want Ad department will be closed Tuesday July 4. Call 398-8214 before 10:30 a.m. to place ads for Wednesday. A robbery near Billie Carr’s residence left her son Jack, 16, with injuries and his money and cigarettes stolen.
A Linn county couple and their daughter sue Knott Motor Co and David H. Knott for 162,484.40 over a October 16 crash near Buffal o Creek park entrance outside Coggon. The Elmore family seeks 12,484.40 for medical costs, 125,000 for the daughter’s disability and suffering, and 25,000 punitive damages for recklessness.
Cedar Rapids police logged 15 break ins or attempts over the weekend with burglaries and attempted entries across multiple neighborhoods. Incidents include a $5,000 theft from Sultan's Palace at 4105 Center Point Road NE and several break ins on NE and SE avenues, with items ranging from cash and beverages to jewelry and purses.
A fragmented OCR item from Rome notes generalizes names and fees with unclear details. The readable bits reference a location and a monetary amount but lack context or a clear event. Further text is needed to produce a precise summary.
The International Air Transport Association reported a bomb threats warning against El Al and airports handling its flights. An anonymous message claimed demands including freeing Lod massacre suspect, UN aid payments, and Middle East concessions. IATA warned that inaction could trigger attacks on Jewish interests.
Police say professional horticulture workers cut four rare Erythrina falcata coral trees on Wilshire Boulevard last month, stripping branches and foliage. Witnesses saw five men in yellow hard hats supervised by a sixth, mistaken for city tree crews.
General Motors announced a recall of about 500,000 Chevrolet Vega subcompacts from 1971 and 1972 due to defective rear axle shafts. The shafts could cause braking failure if they lock, potentially leading to wheel detachment. No injuries reported. repairs take under 10 minutes, installation of new shafts about an hour, free of charge.
Arlo Banier Sanderson 76 longtime Mt Vernon resident and Cornell College Hall of Fame inductee died Saturday at a Cedar Rapids hospital. Former Penn and Cornell College administrator, he served in the Cornell admissions office and received the Cornell alumni merit award. Survivors include wife Pearle, daughter Mrs John Boyce Solon, two sons Don James and Rick Honolulu, seven grandchildren, a brother Maynard Spearfish SD, sisters Melitha Atherton Springville and Loretta Sanderson Mt Vernon. Services are Wednesday at 2 pm United Methodist Church with visitation after 1 pm Tuesday at Morgans. memorial fund established.
The Linn County Supervisors meet in Cedar Rapids approving a motion by Supervisor Emmons and seconded by Supervisor Clifford to authorize the assignment of a public bid certificate for development purposes. The action covers the sale of property to Lori Younn and includes conditions, interest, and penalties as required. The resolution notes the conveyance of real estate in Cedar Rapids and confirms the contract details and dates.
In Cedar Rapids a phone line 398 5343 for highway patrol operations was cited with partial digits WAS17Y diker Hea 31 363 5629 and unclear context. Authorities warn residents about communication gaps and verify correct numbers for urgent assistance.
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