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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 19, 1973
Page
14
CHICAGO AP Soybean and corn futures rose again on Tuesday with soybeans up 4 cents per bushel and corn up 10 cents. Wheat futures gained while oats fell. By close, soybeans at 14.0 cents, July 11.40. corn July 2.92. wheat July 2.84. oats down 13.4 cents.
Cedar Rapids hog market Tuesday prices ranged for 200 to 230 lb butchers at 38.25 to 38.75 dollars, 230 to 250 lb at 37.25 to 38.60, 250 to 270 lb at 36.50 to 38.00, with 300 lb packers 89.75 to 94.25 and sows around 34.00 to 34.00. The stock market opened weak on Tuesday amid political and economic concerns, Dow Jones fluctuating and the NYSE index down, then slight recovery as traders weighed Nixon plans and dollar strength.
Dorothy J Good of 4101 Sixteenth Avenue SW was treated at Mercy hospital after a Tuesday morning two car truck collision in the 3200 block of Sixteenth Avenue SW. Pollen said she backed from a parking space when her car hit a truck driven by Duane Funk of 418 Twentieth Street SE which was also backing up. No charges were filed.
A study by the Technology Management Inc. shows state and local governments largely use revenue sharing for capital projects rather than tax relief. About 72 percent of state funds go to capital needs such as roads and buildings. only small shares fund libraries and social services, prompting worries that lawmakers fear long term program changes and will discontinue the revenue sharing.
Unclear OCR text provides partial mention of Chicago cash grain and tariff style phrases. No coherent event, names, or identifiable entities to summarize into a full news item.
Fragmentary OCR text describes various names, prices, and items with scattered references to products and trades. It mentions USDA Wrabanta and Ak agencies, plus several personal names and vague market notes. The passage lacks a coherent event or clear actions to summarize beyond listing terms.
The Cedar Rapids city council paused a June 6 resolution to annex Life Investors property west of Edgewood road NE between Forty second street and the Milwaukee railroad tracks. Mayor advised delay over a legal question on road work funding. decision to sign rests with council. If annexation proceeds, county road work may stop, prompting possible rescission and reapproval to synchronize with Edgewood road.
Iowa House on a party line vote killed any consideration of public employee collective bargaining this session and postponed Senate backed legislation until 1974. House Majority Leader Edgar Holden announced the move after a short caucus, ending any debate for 1473 despite prior Senate approval and Governor Ray's priority.
Secretary-designate James Schlesinger told the Senate Armed Services Committee that he could envision conditions under which renewed bombing of North Vietnam might occur if Hanoi escalates the war in South Vietnam. He defended current defense spending and warned Russia continues to build missiles while U.S. forces in Europe should remain strong.
President Nixon signed a law enabling burial of a Vietnam era soldier at the Tomb of the Unknowns in Arlington National Cemetery. The act adds a $150 plot allowance for wartime veterans not buried in national cemeteries, along with the standard $25 burial allowance. It also provides offset for any state or employer paid expenses and expands burial benefits across cemeteries run by the Army and VA.
Des Moines AP reports the Iowa Senate approved funding expansions for the National Veterinary Biologics laboratory at Ames and for Parsons college uses. The measure sets two year totals of 1,159,000 for fiscal 1974 and 1,062,110 for fiscal 1975, higher than House figures, and returns to the House to consider Senate amendments.
The 25 nation disarmament conference met briefly in Genaya Switzerland and adjourned after 10 delegates insisted on speaking. It paused with no formal talks or decisions recorded.
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