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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 14, 1969
Page
73
Financial markets opened steady then fell with declines outweighing advances. Commodities and livestock quotes showed mixed results as investors eyed Vietnam and Middle East tensions. Dow Jones averages moved lower while energy and farm markets posted gains or losses depending on sector.
Cattle and calf prices rise across slaughter classes with steers and heifers firm. cows stronger. Iowa auctions show steady to higher slaughter cows and active demand. feeder cattle and hogs mix with higher feeder values and steady to firm bids. Chicago and New York markets report mixed grain, produce and livestock pricing with shifts in futures and cash bids.
An House subcommittee opened an inquiry into the army's tank programs amid charge of wasteful spending. Focus is on the Sheridan and M60 turret work, with costs estimated above 1.3 billion dollars through 1972 and planned stockpiles of Sheridan units. The hearing exposed classified data concerns and production delays.
Interrogation tapes played for the Kennedy assassination trial show Sirhan Bishara Sirhan, 24, a Jordanian, speaking calmly and playing along with officers. He avoided naming Kennedy or the event, while officers probe his past and identity amid the court proceedings.
Demonstrators rushed the stage as San Francisco Mayor Alioto spoke on law and campus. He was struck but untreated with no severe injuries reported. Rutgers officials canceled Newark classes amid threats as Black students vowed campus shutdown over admissions agreements and a faculty vote.
A public opinion survey shows 24 percent of French favor siding with the United States and 6 percent with the Soviet Union, while 52 percent prefer not to align with either power. In July 1968 the figures were 19 percent, 6 percent, and 53 percent respectively.
Ion Gheorghe Maurer was re elected premier of Romania by parliament in Bucharest according to Agerpres. The decision was announced Friday and confirms Maurer's leadership for another term.
Life Investors Inc of Cedar Rapids reports 1968 statutory earnings up 103 percent and per share earnings up 86 percent. Total 1968 earnings were 1 058 161 dollars, or 41 cents a share, vs 519 684 dollars in 1967. Board chairman Ronald L Jensen cites growth potential for 1969.
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