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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 02, 1971
Page
3
New York trading remained steady with the Dow down 0.82 to 881.71 at midafternoon as oils electronics aircrafts and mail order retail led gains while chemicals lagged. Analysts cited consolidation and base-building for a possible push to 900 with low volume from institutions sidelined.
Unofficial sales figures and dividend rates noted as annual disbursements based on last declarations. Footnotes explain special or extra dividends and letter designations such as a for extras, c liquidating dividends, e paid last year, x ex dividend, xr ex rights, ww with warrants, and nd next day delivery among others.
Evangelist Billy Graham is instructed by his doctor to rest for a month and a half after salivary gland surgery. A spokesman says all engagements are canceled through April 15 except a March 14 trip to Cleveland to receive an award from the National Conference of Christians and Jews.
A bill introduced in the Des Moines House would allow restaurants to sell liquor and beer on Sundays. The measure would also permit non profit clubs including veterans organizations golf and country clubs to dispense beer and liquor on Sundays within the same hours. An extra 25 percent annual license fee would apply to restaurants or clubs choosing Sunday sales.
Chicago trade shows corn advancing Tuesday lifting soybeans and wheat. Market was mixed with brief lulls but closed higher with corn up 22 cents to 1.5194 March, wheat up 1 to 1.6838, oats around 42 higher to March 777, and soybeans up 1 to 3.0238 March.
Wheat No 2 hard red 1.6848n No 2 soft red 1.72'2n. Corn No 2 yellow 1.56'4. Oats No 2 extra heavy white 822n. Soybeans No 1 yellow 3.034n Soybean oil 12.11n.
In Chicago, total potato shipments reached 280 with 49 arrivals and 89 track sales slow and market dull. Idaho Russettable prices at 4.50 per 2 inch or 4 ounce minimum, Red River Valley reds at 2.85 for shipment and 4.40 for rolling sales. Butter delivered prices steady with 93, 92, and 90 scores around 69,784 and 67,784 dollars for 100 pounds. Eggs delivered not quoted per dozen for 80 percent or better. jumbo 37.2 to 39.9 cents, extra large white 33.2 to 34.0, large 31 to 33, mediums 29 to 30, standards few. Retail grade A prices delivered: extra large 44 to 45, large 42 to 43, mediums 37 to 38.2.
New York wholesale egg offerings reflect adequate supply with fair demand and steady prices. Standard quotes 32-34 whites 3512-3712 fancy sizes. Butter offerings rise while demand stays steady and prices hold. Wednesday Chicago cattle receipts seen at 5,000 head.
The Chicago USDA cattle market shows slaughter steers steady with limited slaughter heifers affecting price tests. High choice 1,180 lb steers brought 33.75, 1,000-1,250 lb yield grades 2-4 ranged 32.50-33.50, mixed lots sold 31.50-82.00 for land and good grades, and choice heifers 950-1,000 lb traded around 30.75-31.50 with limited volumes.
In Des Moines US hog market activity is moderate with good demand. Butchers steady with some 25 cent gains. sows steady. Receipts expected Tuesday 90,000. Monday 85,000. week 159,000. year 60,000. Prices posted for various weights and categories across U.S. markets.
ESSED MEATS DES MOINES AP USDA notes pork trade activity with 14 lb and smaller cuts steady to higher. Boston butts 8 lb and up 1.50 lower, picnics steady to 1.00 higher, skinned hams 0.50 higher, seedless bellies 16-0 lb 0.25-0.50 lower. Loins 14 lb, 18-20 lb at 18.75, 20-25 lb at 16.75. Boneless butts Wag ib 46.00, boneless cut butts.
Sioux City AP USDA report shows cattle trading 2,200 head with gains of 25 to 50 cents. Choice steers 950 to 1,300 pounds sold at 31.00 to 32.00 per hundredweight and 875 to 1,050 pound heifers brought 30.25 to 31.00 per cwt.
UPI reports at Omaha market calves scarce while steers rise about 25 to 50 cents, heifers gain 25 to 50 cents, cows hold steady to up 25, feeders firm. Prices show varied ranges with high choice prime steers around 33.35 and feeder weights 1125 pounds, other fat cattle and dairy cuts priced across multiple brackets.
Cedar Rapids hog market prices held steady Tuesday with Monday bids for 200 to 230 lb butchers at 17.00 to 17.50 dollars. Sows under 300 pounds ranged 15.00 to 15.50, while larger hogs were discounted per 10 pounds. Sheep prices listed for lambs and old shear. Poultry bids shown for heavy breed hens and old cocks. Delivered grain prices for No 2 yellow corn and soybeans noted, with a Want ads nudge for buyers via local dial.
A Linn County Taxpayers Assn representative pressed the county board to explain a 400 percent budget rise for the health center from 1968 to 1971, with supervisors hinting at potential cuts while noting the two mills levy and the need for public votes on large projects. Rumors of a $51,000 remodel prompted questions about voter approval.
The federal government signals strict enforcement of the highway beautification act. Secretary Volpe writes Gov. Ray urging Iowa to pass billboard and junkyard controls this year. Volpe lifts the three year enforcement moratorium, risking up to 14 million dollars in federal highway aid if Iowa fails to act.
Baltimore police, who handle regular robberies of gas station attendants, faced a reverse case. George Evans, 30, reported stopping for gas. inside, an attendant wrestled for his money. Evans kept his cash, but the attendant took his $250 ring and fled in a car, later found nearby. the night attendant was arrested on assault and robbery charges.
Local notice lists the telephone lines for News, Sports, Bookkeeping and General Information. It provides numbers like 369 1121 and references department contacts while directing readers to the telephone directory for further details.
Trial in Linn district court began Monday over injuries Harmie Schmatt allegedly suffered in a Sept 27 1965 Cedar Rapids auto crash. Defendants are Don Arenz as the driver and his father Don Arenz owner of the car. The case, filed 1967, is a second trial after the first verdict was set aside.
Raymond A. Portwine, 53, testified in his Linn district court trial for lascivious acts with a child. He was a former janitor at Jackson school linked to an incident near the end of the last school year involving a 10-year-old girl. The state rested its main case previous day with rebuttal due Tuesday. Jurors seated by Judge Robert Osmundson include Eva Kisling, George Kirk, Barbara Loyd, and others from Cedar Rapids and Center Point, with Robert A. Bender as alternate.
William Wells urged the Linn county board of supervisors to back legislation transferring municipal airport control from Cedar Rapids city authorities to a county elected airport body. County officials said they cannot influence airport operations and no action was taken.
Greg Rich of 3071 Sixth Street SW earned first honors at Wisconsin State University Whitewater Wisconsin for the first semester.
Des Moines Iowa lawmakers debate a bill freezing school taxes for 1971 72 with a 5.3 percent cap on costs for special education and special services programs Holden led the amendment shifting the cap while the House passed the measure 58 to 37 and sent it to the Senate for further action.
Cub Scout Pack 13 awarded Thursday at Taft Junior High School honoring Billy Heller Kelley Powrie Scott Forsythe William Harvey Kevin Fry Brad Peters Allen Coates Billy Bilsland Eugene McIntosh Brad Rocarek Bruce Anderson Cory Wise Steve LaGrange Lonny Teft Mitch Kopecky Mike Connett Robert Fowler Scott Wesbrook and Derren Moore. Pack 2 received advancement awards Tuesday at Hayes School for Alan Becicka Bradley Rizzio Brad Crandall David Simbro Jeff Crandall Gene Michalec Tom Popelka Kirt Brazleton Tim Pazour Gary Wade Jimmie Kuehl Ed. Simmon Steve Rizzio and Jerry Kubik.
Five defendants had charges dismissed in municipal court. Danny Lucore of 515 Sixteenth Street SE faced a false pretenses charge. James Evans of 1361 Hillside Drive SW was cleared of larceny of a domestic fowl. Willie Hillsman of 1132 Fifteenth Avenue SE had an assault and battery count dismissed. Dennis Doyle of 1403 First Avenue SW was cleared of assault and battery. Wayne Gallagher of 2435 First Street SW had a charge of assault and battery dismissed after the witness withdrew.
Ronald E. Thompson, 21, Alli son hotel, was sentenced to 30 days in Linn county jail for failure to carry and display a valid Iowa license. Arrested Monday on warrants for assault, battery, disturbing the peace, and resisting an officer, he pled innocent. Trial set for March 10. he faces additional charges from a Feb. 24 break in and assault at two residences.
DES MOINES UP I The Iowa senate approved a resolution urging Governor Robert Ray the legislature and citizens to show concern for about 1500 Americans believed held as prisoners of war in Southeast Asia The measure calls for March 21 to 27 to be designated as Iowa Concern for Prisoners of War Missing in Action Week.
The Department of Housing and Urban Development approved a $260000 loan to Luther College at Decorah. Sen. Jack Miller announced the funds will finance construction of three buildings for married students.
A breakin at the Urbana Grain and Lumber Co. was found by the manager's wife Mrs. Larry Pont. Deputies say burglars pried open a south window and stole $1.50 in change and about $7 to $11 in pennies and dimes from an unlocked safe, plus $10 in candy.
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