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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 28, 1970
Page
12
New York stocks opened with a mixed tone and light volume as traders stayed on the sidelines awaiting mid east and economy news. The Dow Jones average fell about 0.6 percent by 2 p.m. while winners and losers were narrowly mixed on the New York Stock Exchange.
Prices paid on Tuesday for Cedar Rapids hog market were steady to 25 cents lower. Monday's bulk country and plant delivered butchers 210 to 230 pounds fetched $24.50 to $25.00. packing sows 300 pounds down went $19.75 to $20.00.
Massachusetts Gov. Francis Sargent signed into law a bill establishing the first statewide referendum on the Vietnam War at the November General election. Voters will choose among three options: pursue victory, withdraw immediately, or withdraw gradually under a plan.
AP reports chefs from 11 nations prepared a four hour banquet for 63 guests at the Czechoslovak pavilion in Osaka. The meal featured caviar and suckling pig from the Soviet Union, stuffed quail from the United States, salmon from Britain, Canadian roast, Belgian veal kidney, wedding cake from Czechoslovakia, and special cheese from France. A separate ad promotes garage rentals.
General Motors Corp reported sales of 6.6 billion and profits of 473 million in the second quarter, the only Big Three maker to post a gain over 1969. First-half sales reached 12.2 billion with 821 million in profit, while per-share earnings stood at 2.85 versus 3.38 a year ago. The company said market conditions improved after a late downturn, with the year’s first half below the prior year.
Chica Produce reports steady demand for potatoes and moderate supply from Tata Wi Week 124, with prices around $0.25 to $0.29 for white potatoes. Butter and eggs prices show small shifts, with whites and large eggs trading near 34 cents to 50 cents, and creamery lots around 72 cents per dozen.
President Nixon signed a bill granting anti trust exemptions for joint operating pacts among newspapers in 22 cities. The measure allows mergers of non editorial operations in cases where a paper is financially failing and with justice department approval. Existing deals cover mechanical or business functions across two papers per city.
In Maud Kentucky residents rejected a 17000 detour plan and financed their own 563 02 project. Local businessmen Brocer Albert Taylor and R W Yates led neighbors in creating a temporary bridge and dirt fill over the Big Beech river saving miles to Bloomfield and Bardstown. Nelson and Washington counties coordinated grading and approval, enabling use by cars and trucks including six axle tractors.
Des Moines with Gov. Ray announces a broad plan to treat drug dependence rather than jail, coordinating teachers law enforcement and welfare workers. A model state treatment center may be created with facilities at one of 24 community or four state mental health institutes. The program focuses on aftercare and community integration.
The Cedar Rapids Gazette Pattern Dept advertises a bright new twist-4 scarf pattern with top bodice drape and two slits, printed patterns 4318 and M492 in sizes 10 through 18, pricing 75 cents per pattern plus air mail handling. Includes envelope order details for Anne Adams and New York address, plus catalog and sewing books offers.
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