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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 24, 1969
Page
11
A New York AP column analyzes how mutual funds and institutions can amplify market fear as managers read and imitate each other. It notes funds hold about $55.27 billion across 198 funds, with 13 groups directing 55 funds and a few firms managing many, raising questions about market momentum and leadership.
Texas is the fastest growing beer producing state, according to the Brewers Almanac from the U.S. Brewers Association. The report notes Texas beer production has nearly tripled since 1960, signaling strong industry expansion.
The Hiawatha city council approves first reading of a 1970 budget totaling 169 053 dollars. A public hearing is set for August 13 at 7 30 p m with a 35 8 mill tax levy needed, about 1 mill higher than the prior rate. The panel also approves a northeast sanitary sewer levy funded by 68 000 dollars in general obligation bonds already sold.
Federal Judge Edward J. McManus awarded $23 027 on a counterclaim by the U S department of agriculture against Maquoketa Valley Cooperative Creamery The court held the Arlington plant in May 1966 fell under milk order 62 in the St Louis area not the North Central Iowa area Details of suit and related television fashion note followed.
Fourteen white marines were beaten by about 30 marines, mostly Negroes, at Camp Lejeune North Carolina. Two of the injured were sent to Portsmouth naval hospital with a fractured skull and concussion. A white marine with three stab wounds recovered after hospitalization. investigation continues with nine attackers tentatively identified.
Dr. Thomas Paine, NASA administrator, said the Soviet Union could match the Apollo feat and land men on the Moon within 18 months. He urged maintaining space leadership and warned against domestic spending cuts diminishing the U. S. space program.
William K Soule 45 of Northfield Illinois formerly of Dubuque faces a Cedar Rapids federal court trial August 1 on transporting a stolen car from Waukegan Illinois to Cedar Rapids January 6. He was jailed in January, bond posted, then security withdrawn leading to his pickup by Chicago authorities before release on his own recognizance. He is serving time in a regional jail for a separate incident.
Three break-ins were reported to police midweek. Kraus Equipment Co. on Edgewood Road SW was entered with glass broken. a car inside was looted, and $148 in goods including a tape player and tapes vanished from Ronald M. Churchill’s vehicle. Grace Episcopal Church on A avenue NE was entered but nothing stolen. a basement vending machine yielded about $6. Fifty-cent Car Wash on Second Street SW was burgled with $3 taken from the cash register after window entry.
Muskie Boone reports his car stolen Monday and recovered Wednesday at Jefferson High School. The thief removed a four speed transmission clutch assembly bell housing and shifter a tape player six tapes and a tachometer valued at 777 dollars.
The 51st Iowa American Legion convention runs August 2 to 4 at the Roosevelt hotel Cedar Rapids. Davenport's Robert R. White presides. speakers include William Doyle Donald E. Johnson Roger W. Jepsen and Dr Loren Hickerson. A junior drum corps contest August 3 decides Iowa’s National convention rep. Parade August 2 and memorial service August 2 precede a public concert night with Ralph Zarnow orchestra.
About $40 and a $75 radio were taken from a desk at the L. J. Dennis and Sons grain elevator in Center Point. Entry was gained by breaking a window. the theft was reported to the sheriff's office. An investigating deputy reviewed the incident Wednesday night.
A small newspaper note invites readers to place economical want ads by dialing 369 1234. It promotes affordable personal and business notices and urges quick action.
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