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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 04, 1977

Page

18

NYSE stocks show big gains and losses on Friday

The AP reports New York Stock Exchange movers by percent change for Friday with many names listed among top gainers and decliners. Names include Allied Super, Mobil Home, EMI Ltd, Seabird Air, Sonesta, and numerous others.

UPS and Downs NEW York New York Stock Exchange Blair John Winneaggs Playboy Airco Arizona AlcanAlu Aleta P AlidStr Alischal AuRich

Deere Tops Trading In Market

The New York stock market rose as February unemployment data supported a cautious advance. The Dow Jones Industrial Average gained 3.49 to 952.13, while Deere & Company led actively traded issues with a 0.375 rise to 28.50. Westinghouse fell 0.18, and the NYSE composite moved up to 54.95.

NEW York International Systems Deere Co Westinghouse American Stock Exchange

Iowa Interest Futures Prices on Wheat Corn and Soybeans

Futures trading on the Chicago Mercantile Exchange shows Wheat No 2 hard winter at 2.59 and No 2 soft red at 2.59 a bushel. Corn No 2 yellow 2.55 and 2.50 in different containers. Oats No 2 heavy 1.66. Soybeans No 1 yellow 8.07. Previous trade for No 2 yellow corn was 2.53 and 2.50 respectively.

First Mid-America Chicago Chicago Mercantile Exchange

Cedar Rapids hog market sinks with varied weights and regions

Cedar Rapids hog prices fell by about 50 cents with 200-230 lb butchers at 37.00 to 38.00 and 230-240 lb cuts 25 cents lower. 240-250 lb down 50 cents per 10 lb, over 260 lb down 1.00 per 10 lb. Packers to 400 lb range 25 cents off, to 600 lb 50 cents off. Sheep and eggs price ranges listed. Des Moines and Omaha reports note steady to mixed tones with light demand and ample supplies.

Va SonvCo Sperry StoutCh Moyet Ve Vers Cedar Rapids Des Moines Federal State Market News Service Federal Omaha (Ap USDA U.S Joliet UPI Webster City

Iowa hog market reports steady to lower across weights

Des Moines livestock price report shows moderate trade with butchers down up to 50 a head and sow prices mostly steady. Range data covers No 1-3 200-230 lb fow to No 2-3 450-500 lb and receipts figures for recent days. New York wholesale cheese and butter offerings steady with no price changes.

New York USDA

Iowa state liquor office aide cites supplier tips in bids

A Des Moines property manager, fired in January, acknowledged aiding subcontract discussions for new liquor stores with two local suppliers Iowa Tile and Marble Co. and Georgia Pacific Corp. He says he only suggested them for lower prices and rents. Investigators probe possible kickbacks, noting awareness of the Des Moines firms cited.

Des Moines Iowa Beer and Liquor Department Leslie Pinckney Pinckney Department

Propose Making Post Permanent

The Cedar Rapids city council plans to act next Wednesday on a resolution to appoint police Capt. James E. Barnes permanently to the rank of assistant chief. Barnes had been named acting assistant chief in charge of the detective bureau in a move initiated last November by Safety Commissioner Ed Colton.

Cedar Rapids James E. Barnes Barnes Ed Colton

Tax Free Rich Here To Stay Says Treasury

Treasury analysis finds most of 230 non taxpayers in 1975 were wealthy individuals with $200000 plus AGI but estimates the Tax Reform Act of 1976 will largely end high income non taxation. It notes 174 new million dollar filers paid taxes and outlines limits on investment interest and preference income for 1976 returns.

Washington Treasury Department Treasury Congress Internal Revenue Service IRS

District Court Dismissals and Sentences in Linn County

In Linn district court three cases were updated. Steven W. Wilfong, 25, Cedar Rapids, received a sentence up to 25 years for robbery with aggravation involving a 7-Eleven employee threatened by a .22 pistol. David E. Santee, 30, Cedar Rapids, had a robbery with aggravation charge dismissed and may plead to larceny under $20. prior allegations of beating and involvement by others are noted. Delores Dittmar, 23, Cedar Rapids, had a receiving stolen property charge dismissed after a preliminary hearing for stolen clothing reported January 31.

Linn District Court Steven W. Wilfong Cedar Rapids David E. Santee Santee Delores Dittmar Sharon Ohlhauser

Water Main Bids for Shaver Road Corridor Relocation

City officials expect bid letting late this month for relocating water mains along the Shaver road NE corridor of Interstate 380. Construction could start in April with an estimated city cost of 5,900 dollars, while the remaining relocation work totals 209,000 dollars to be funded in part by 1-380 funding.

Shaver Road NE

Iowa House Approves Extending Homestead Credit Plan

The Iowa house ways and means committee unanimously approved a bill to extend the homestead and agricultural property tax credits. The plan would pay property taxes on the first 4500 of residential value and retain the 42 million dollar ag land credit, with owner operators gaining and absentee landlords losing. Total credits are estimated at 125.5 million dollars, plus about 8 million for elderly credits, with Gov. Ray endorsing the program this year.

Des Moines Iowa Ways-Means Committee Agriculture Land Ag Land Robert Ray Ray

Four Charged in Drunk Driving Incidents

Four individuals faced charges for drunk driving after incidents spanning Thursday night to Friday morning. Randy Stallman and Donald Stephen were booked after collisions and traffic stops in the city, while Jerry Holmes and Steven Burgess were arrested near Mt. Vernon road and a gravel road north of Hiawatha.

Randy D. Stallman Fairfax Sixteenth Avenue Stallman Donald R. Stephen Eleventh Street Marion First Avenue Jerry A. Holmes D Avenue Mt. Vernon Road Fourteenth Street Steven C. Burgess Vinton Hiawatha

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