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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 19, 1976
Page
13
New York stocks edged lower Friday with the Dow Jones average down 2.13 to 977.72 as investors weighed a 0.1 percent February CPI rise. The market paused after a favorable CPI report and cautioned White House remarks, while uncertainty over interest rates persisted.
Cedar Rapids market reports higher hogs Friday with 200 to 230 lb butchers at 49.00 to 45.50, 230 to 240 lb cuts 25 cents off, over 250 lb 1.00 off per extra 10 lb, and packers 25 cents lower to 400 lb and 50 cents to 600 lb. Sows steady around 40.00. Other markets show mixed cattle and grain quotes, with livestock and produce prices noted for Webster City and Waterloo plus regional futures.
The 1975 trichinosis outbreak in Postville raised nationwide cases to 250, with 73 of 242 local eaters infected. Iowa officials noted the Postville event drove the year’s total and most victims have recovered, though some report muscle aches.
Elmer McCoy, 39, of 3507 First Avenue SE, was in fair condition at St Luke's Hospital with acid burns to eyes and face after a car battery exploded during repairs at Rapids Chevrolet. He also sustained a facial laceration in the 10:30 a.m. Friday incident.
Chicago soybeans gained over four cents while corn and wheat edged lower as oats showed mixed moves. Des Moines livestock demand remained firm with prices for cattle and hogs rising, and poultry prices largely steady amid tight supplies and seasonal patterns.
Des Moines ap reports the house appropriations committee approved a 5.2 million dollar corrections bill. It provides 125000 to expand the Riversview release center to 90 prisoners and 300000 to remodel a minimum security dormitory at the state penitentiary and prison farm for 126 inmates. The plan does not resolve the need for a new prison, with a task force to study construction to be considered at the next meeting.
Final arbitration stage in Maquoketa Valley with Education Assn and school board. Arbitrator to decide within 15 days on a package near 66 teachers and salary ranges from BA 9175 MA 10278 versus board 9100 BA and 10192 MA.
Premier Rashid Karami narrowly escaped death when incendiary rockets struck a Soviet Yak-40 at a Lebanese air base near Beirut. The attack, which also involved Saeb Salam, halted a Damascus peace talks session as firefighting crews contained the blaze in 30 minutes.
The Federal Power Commission reports interstate pipelines could not deliver 2.7 trillion cubic feet of natural gas last year. Shortfalls rose from 286.4 billion in 1971 to 2.7 trillion in 1975, with six states bearing nearly half the shortages. Producers blame wells drying up and price controls. pipelines cite inadequate supply.
The FCC loosens control on home and business phone equipment, letting customers buy telephones switchboards and related devices from private vendors without AT&T connections. AT&T warns this may raise costs or reduce quality, while firms must register products to ensure network safety. The policy builds on a prior ruling permitting linked equipment without AT&T fees.
Joseph F. Botello age 25 was arrested by Cedar Rapids police detectives on a criminal trespass charge after a disturbance at the Down Towner tavern 324 Second Avenue SE He refused to leave when told by an officer Botello remained jailed Friday in Linn County on 4125 bond
Harold G. Johnson 78 a Linn county resident for 66 years and former Alburnett official died Friday at home. Born January 6, 1897 in Werwick Illinois he married Edna Powers June 3, 1924 in Nashua. He was a World War II Navy veteran active in Fraternal and civic groups and served as Alburnett mayor. Funeral 10:30 Monday at Alburnett United Methodist Church with military rites. memorial fund.
Merle H. McCormick, 45, of 363 Thirty first Street SE, was charged with drunk driving. Linn County deputies arrested him on Fifth Avenue early Friday after reports of erratic driving.
A Citizen reports a car entry at the Legion Lanes parking lot with a radio valued at 180 dollars. Separate item notes a camera theft from Joe's Lounge with loss of 65 dollar item and 26 dollars cash plus a credit card and license. Also lists weekend ads for local businesses and church supper event details.
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