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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 23, 1975
Page
18
New York prices showed a mixed session as investors paused on short term rates. The Dow slipped about four points early, while the NYSE composite and Amex indices edged higher as money rates stabilized after Federal Reserve action.
The Cedar Rapids hog market rose with Saturday bulk prices for 210 to 240 lb butchers at 53.00 to 53.50 per cwt and packers lighter weights discounting. Cattle quotes list several grade ranges from high choice steers at 54.00 down to standard cattle, plus sheep and grain prices and regional data from Des Moines Joliet Webster City and New York egg markets.
Lamson Brothers furnishes Monday Chicago grain quotations with price levels for corn, wheat, and related markets. The report notes futures directions and market tone impacting buyers and sellers across the agriculture sector.
Rumors Russia bought feed grain from Canada influenced futures as traders liquidated wheat, corn, and oats. Prices closed lower with July wheat at 3.164% and corn at 2.874, soybeans down 6, oats down 4.
Donald A. Snenicka of Coralville pleaded guilty in Johnson County District Court to the March 14 break‑in at McCabe's Equipment Inc. in Coralville. Sentencing is scheduled for July 25 at 9 a.m.
A Cedar Rapids man was confined to St. Luke's psychiatric ward after hammer throwing and axe swinging at his home on Sunday. Police responded to 156 Twentieth Street Drive NW where his son Douglas Lynn Petersen, 22, damaged a car window and a home window with a hammer and threw an axe through a picture window before officers restrained him.
A bipartisan group of senators and representatives proposed a sweeping reform to the food stamp program aiming to boost benefits by 29 percent while sharply pruning participation by basing eligibility on gross income and assets. The plan would transfer control to HEW, require photo IDs for recipients, create a central data clearinghouse, and end automatic stamp eligibility for welfare households.
Over the weekend four people were injured in city traffic incidents including a motorcyclist in good condition. Patrick R Williams 22 of 1024 F avenue NW was at St. Luke's with a broken leg after crossing to the wrong side on a curve and hitting a curb at 2 20 a m Sunday. Sharon M Sonka 18 of 3321 H avenue NW was treated for minor injuries after a two car collision at Edgewood road NW at 6 10 p m Sunday. Steven M Loveless 23 of 340 Wilson avenue SW collided with Sonka while the latter turned into a Hardees drive in. Charles W Edaburn Jr 43 of 823 Belmont parkway NW waited in a driveway when struck. Mark Jensen 19 of 1540 Valley View drive Marion was treated at St Luke's for leg and back abrasions after a motorcycle crash at Edgewood road and Fortytwo street NE.
Robins police charged Cedar Rapids man William E. Harmon and two 17 year olds with possession of marijuana after a late Sunday arrest on Quas road Robins Pending further processing Harmon, 20, of 332 Cherry Hill road NW is held in Linn county jail. Police found suspected marijuana under the front seat during a car search after responding to shots fired reports.
A one car crash occurred at the intersection of Shelley Lane and Johnson Avenue NW Saturday morning in Cedar Rapids. The driver, 16 year old Shelley Laine Pickerill of 301 Shelley Lane NW, suffered minor injuries and was released.
The district court of Bond County issues a public notice requesting all persons with estate claims to present them by a deadline. Executors are named, and the notice directs those entitled to file claims and respond.
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