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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jul 27, 1970

Page

13

Shares Turn Sluggish as Market Drags in Slow Trading

In New York the stock market stalled with thin volume and little incentive for investors. Earnings reports for the second quarter were mixed with some declines. investors awaited developments in the Middle East and Indo-China. Washington Steel rose on higher earnings and a special dividend while McLouth and Labore fell on second quarter losses.

NEW York New York Exchange Middle East Indo-China Washington Steel McLouth Larobe

Cattle Prices Fall Across Chicago and Omaha Markets

Slaughter steer quotes slide 33 cents and heifers drop 50 cents in Chicago with 7,500 cattle yarded. Des Moines and Omaha markets show steady to lower trends in livestock and meat prices as trade remains active amid mixed receipts.

Chicago Chicago Livestock Chicago USDA

Cedar Rapids hog market prices steady and mixed grain futures rise

Monday Cedar Rapids hog market prices showed steady trend with Saturday deliveries for bulk, plant delivered butchers weighing 210 to 2100 lbs bringing 24.50 to 25.00 dollars. Sows around 19.50 to 19.75, with various weight-gradeoff adjustments for lighter and heavier hogs. Wheat, soybeans, and oats futures surged to season highs in Chicago while cash grains showed mixed results and steady butter and egg prices in New York market.

Beauball Peter New Perrentaue Selaser Vveergny Clexley Erie Jouthhers Ewan Bret Homey Omaha Livestock Omaha York New York Cnn Alewnity Alesis janLnary Nokia Goa Wien Mets Norrsing Aisha Fee Owens Font Ganzavy Pacsel Kiebel's Second Avenue Mietail News Cedar Rapids Co Tom Spyen Fenn Cent i +h Seeree Ures Herman Kiebel Daniel Ts Oeett Chicago Lamson Brothers Firsene Oren Hicktow Cedar Rapids Detieere Oricer

Increased Time For Lower Long Distance Rates

Cedar Rapids officials announce new long distance rate schedule filed with the Iowa commerce commission. The change extends lowest rate hours from 5 PM to 8 AM on weekdays and covers all day Saturday and Sunday plus July 4 and Labor Day holidays. The plan eliminates the $4.50 color telephone charge and is projected to save Iowa customers about $905000 annually.

Towa M.A. Clemens Northwestern Bell Cedar Rapids Iowa Commerce Commission Clemons Clemens Arsign Corpora Perand & A.m Iowa Sweden Mately Japan

Press Watchdog Agency Urged By Iowa Legion

Waterloo AP reports Iowa American Legion convention adopted a resolution urging the press to create its own watchdog regulatory agency to review news coverage complaints. The move watered down a proposal for a federal body and followed remarks by national commander J Milton Patrick urging Americans to express dissent.

Iowa Legion Waterloo Iowa American Legion Paul Jackson Sioux City American Legion Jonson J. Milton Patrick Skiatook Okla Legion Patrick America

Four Persons Sentenced in Linn District Court

Four individuals pleaded guilty to separate charges in Linn district court. Russell W. Anderson received six months with three suspended and credit for time served since June 11. Marcella Rubera got a ten year suspended term in Rockwell City for uttering a forged instrument and faced restitution. William Geater received an indeterminate term up to five years for larceny, plus a lewdness plea. Stanley Nielsen faced lascivious acts with a child charges related to a February incident. Gary Loney earned a suspended one year probation for taking a taxi from a Cedar Rapids business March 22.

Linn Russell WW. Anderson Northbrook Ill J. Paul Naughton Anderson Cedar Kapds Cedar Rapids William C. Geater Anamosa Shaeffer Bureau of Adult Corrections Mt. Vernon Road Geater Jon Stanley Nielsen Gary L. Loney Seventh Avenue Naughton

Square D Reports First Half 1970 Results

Square D Co. reports six months ended June 30 1970 consolidated net sales of 183 million versus 122.97 million a year earlier. Consolidated net earnings for the period were 6.874 million or 1 cent per share, down from 12.812 million or 58 cents per share in 1969. Federal surcharge tax applied at five percent on first half earnings. Anderson Electric Corp. results were consolidated with Square D for the period and prior year figures restated.

Square D Co Anderson Electric Corp

Foreign Industry Gains Top U S

New York based UPI reports that the 200 largest non U S industrial corporations showed higher sales gains in 1969 than America's top 200 industrial companies per Forti magazine. Local market data highlights international firms expanding faster than U S peers amid global demand shifts.

New York UPI U.S America Forti Magazine la Code

Ray Brother Held in Youths Shooting at Right Party Office

Jerry Ray, brother of imprisoned James Earl Ray, is charged with aggravated assault in a White teenager shooting at National Sites Rights party offices in Savannah. Bond set at 5001, preliminary hearing scheduled. victim in critical condition. Police say shot fired from inside the building through a window. Ray had been campaign manager for J. B. Stoner, linked to segregationist causes.

Savannael Ga Jerry Ray Martin Luther King National Sites Rights Party David Elmore Ray Chatham County Hay Tim Pale A .S&cabiber James Earl Ray King Georgia J. B. Stoner Stoner May AL St. Lawrence

Marion council grapples with 1970 budget for elm tree removal

Marion officials report the 1970 21 000 budget to remove diseased and damaged trees is inadequate. City Manager Don Weih says funds will come from capital improvements as disease pressure continues. The forestry staff is short handed and bids go to Woods Tree Service while 1971 plans call for 36 000, with bond financing discussed but not adopted.

Marion Don Weih Public Services Russell Ward Woods Tree Service of Weih

City Manager Weih to Attend Iowa Budget Meeting

Weih is expected to attend a Wednesday Statehouse session in Des Moines with the Iowa League of Municipalities subcommittee on municipal finances to discuss budgeting and accounting reforms. He previously worked with Illinois lawmakers on municipal finance law changes while at Galena.

Don Weil Statehouse Des Moines Iowa League of Municipalities Weih Illinois Galena Ill Marionee

Burns Says Economy to Resume Growth Soon

Federal Reserve Chairman Arthur Burns predicted the economy would resume growth very shortly and that inflation would not worsen if policy is cautious. He said inflation is unwinding and the path to stability is near, speaking on Meet the Press via NBC.

Washington Arthur Burns Federal Reserve Board Burns Mit NBC Meet the Press

Want Ad Call To Action Dial 39 124

A concise classified prompt invites readers to try a want ad noting a "sure performer" and provides the contact number 39 124 for dialing. The line emphasizes immediacy and accessibility for ad placement.

Dial

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