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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 22, 1973
Page
2
New York traders faced a steep market slide as inflation fears lingered. The Dow Jones average stood at 925.65 at mid afternoon, down 12.72, with declines outweighing advances on the NYSE as inflation concerns pressured sentiment.
The report notes notable moves on the New York Stock Exchange with A P highlights of price changes and a 22 year high for selected rates. Banks raise prime lending rates signaling tighter money as bankers and officials meet. Mixed results appear in late quotations from various firms including Southern Company and many industrials with notable price shifts.
Cedar Rapids hog prices fell 25 cents to 50 cents lower for various weights while Wednesday bids showed 200 to 230 pound butchers at 37.50 to 38.25, packing sows down to 34.00 to 34.50, and heavier hogs discounted per 10 pound increments. Sheep and eggs listed with grain quotes and Des Moines reports show mixed but active trade, with UPI data noting U.S. hog price ranges by weight and day-to-day movement.
UPI reports Sioux City priced cattle with 1,200 head at mixed good to choice quality. Steers range 1.05 to 1.00 per pound, slaughter cattle quoted 875 to 1,100 per hundredweight, and other ranges noted for feeders and last figures around 34.50 to 36.00 for certain categories.
Market sheet shows wheat, oats, soybeans with open high low close figures for May July September and December contracts. Prices for furnaces and agents are noted. figures include percentage changes and daily shifts across corn and other grains quoted by Chicago exchanges.
Chicago prices showed soybeans up about 13 cents in late session buying and short covering. Corn futures edged higher, wheat gained around 6 cents and oats rose about 2 cents as May contracts posted gains across the board.
Market brief notes butchers down 25 cents and sows steady. No 2 butchers 200 to 230 pounds bring 37.50 to 38.00 dollars per hundredweight while No 2 sows around 300 pounds fetch 33.50 to 34.00 dollars.
Des Moines AP reports Dressed meats trade in the Midwest declines for choice steers by 1.00 to 1.50 and heifers by up to 1.50 while pork cuts move slowly with skinned hams steady to 50 lower. Loins and bellies show mixed price shifts across weight ranges.
The Postville beef market Thursday quoted prices for prime steers 44.50 to 47.00, choice steers 45.50 to 46.50, good steers 40.00 to 43.00, standard steers 39.00 to 39.50, corece heifers 44.50 to 45.00, good heifers 38.50 to 41.00, utility cows 31.00 to 36.50, canner and commerce 28.50 to 36.00, bulls 38.00 to …
Cattle 200 head steady with steers 44.00 to 46.00, heifers 43.00 to 44.50, cows around 27.00 to ? Bulls 89.0 to 430. Butcher hogs 37.00 to 38.50, sows 33.50 to 35.50, top 36.00. Boars 32.50 to 33.00, over 250 lb 21.00 to 32.50. Friday outlook: 50 cattle and 700 hogs.
Wholesale prices in Chicago for Grade A eggs delivered to retailers show unsettled quotes. Prices paid delivery to Chicago range for Extra large 51 to 54 cents, large 50 to 52 cents, mediums 47 to 49 cents per dozen.
AP Wholesale egg offerings report robust demand but variable prices. Fancy large eggs run 47 to 48 cents per dozen, fancy medium 41 to 45 cents, and fancy stalls around 34 to 36 cents per dozen. Demand fair with prices unaltered as supplies improve.
The state fire marshal’s office works to reconstruct Eagle Grove gas pipe system to determine the Feb. 2 blast cause at a cafe and Coast-to-Coast store. Investigation indicates an accidental gas explosion in the Coast-to-Coast basement and no criminal activity.
AFL-CIO President George Meany called on Congress to impose food price controls from farm to market as February cost of living jumped 2.4 percent for food. He warned that without strict controls a stabilization program cannot work and pressed for action as officials signaled more price pressure ahead.
Gregory L. Marquis III, 20, who escaped from the Linn County jail Wednesday night, was recaptured at a northwest Cedar Rapids residence around noon Thursday after a tip from a concerned member of the public. Sheriff Walter Grant said the escape details are under investigation and potential jailer negligence will trigger disciplinary action. Marquis had been in the trusties area awaiting work-release program placement and had recently been allowed out for three days to look for a job.
Coy G. Kelley 84 of Marion died Wednesday after a short illness. Born December 4 1889 in Fillmore Illinois he lived in Marion 50 years and served in World War I. He worked 45 years with the Railway Mail Service and was a longtime Mason and American Legion member. He is survived by his wife a son a sister and a grandchild. Memorial services Saturday Cedar Memorial Chapel of Memories with burial at Cedar Memorial Cemetery. Friends may call after 5 p.m. Friday.
Twenty years ago the first three dimensional full length film, Bwana Devil, debuted at the Iowa theater in Cedar Rapids.
The state of Iowa Linn County notifies heirs that the will of Ethel L Baer dated 1968 was admitted to probate with Frances M Wensorra as executor. Creditors must file claims within six months or be barred. A sheriff's sale of Lot 66 Rolling Green Unit 11 in Cedar Rapids is set for April 1973 to satisfy a Federal National Mortgage Association judgment.
Linn County Board of Health outlines definitions for communicable disease and health officer authority. It empowers the health officer to obtain an ex parte order to detain and require examination or confinement of individuals suspected of infection, with hospital or treatment placement as needed. Approved March 1973 by the Linn County Health Department and Supervisors at Cedar Rapids Iowa.
The District Court of Linn County Iowa admits the last will of Katie Mitchell dated January 20 1950 to probate. Alex J Mitchell named executor. Creditors must file claims with the clerk within six months from second publication or be barred. Second publication March 2 1973. Cedar Rapids Iowa.
Charles E Brandon deceased probate granted appoints Carol Brandon as executor. Creditors must present claims to the district court within one year from second notice publication. debts payable to the estate should be paid promptly to the clerk. Deadline and venue referenced Cedar Rapids, Iowa with agents Shea and Japkeen Attorneys for the executor.
The Iowa State Commerce Commission publishes a petition by Iowa Electric Power Company Cedar Iown seeking a franchise to erect and operate a 69,000 volt three phase electric transmission line in Linn County Iowa. objections must be filed in triplicate within 20 days after second publication, docket E-17033. The notice lists proposed routes and termini and names commissioners Maurice Van Nostrand Fred H. Moore and Howard Bell.
In the matter of Clair W. Bloomhall deceased the last will and codicil were admitted to probate in the district court of the county. William A. Bloomhall was appointed executor. Creditors may file claims for allowance within six months from the second publication dated March 22 1973.
Probate in Center Point Iowa for Lucretia Servison deceased. Probate No 38926 names Leo Noon as executor. Court notices creditors to file claims within one year from publication. Publication date March 22, 1974.
Appointment of SELL. MESS as administrator for the estate in Cedar Rapids Iowa is recorded. Creditors are to file claims with the clerk of court within six months from the publication date or be barred. Publication dated March 29 1973 in Cedar Rapids.
Notice to all residents of Linn County Iowa that a public hearing will be held March 5, 13 at 10 2 CST in Room 103 Linn County Courthouse Cedar Rapids. Board of Supervisors proposes remodeling of the Board of Supervisors office and Room 103. Plans and contract forms are on file in the Auditor’s office for inspection. Citizens may file objections or present evidence at the hearing.
Sealed bid proposals will be received by Linn County Auditor in Cedar Rapids Iowa until 10 30 am CST March 9 1973 for remodeling the supervisors office and Room 103 floor at the Linn County Courthouse Specifications plans and contract documents are on file in the Auditor's office Bids opened and acted upon March 9 1973 in Room 103 Copies of documents may be obtained from the Linn County Auditor A 10 percent certified check is required with bid A corporate surety bond equal to contract amount is required Per Iowa law preference given to Iowa grown products Right to reject any or all bids reserved Bids must be delivered in sealed envelopes marked Proposal and bearing bidder name Date of notice February 27 1973 Cedar Rapids Iowa County Supervisors of Linn County
The City of Cedar Rapids Iowa LPA seeks bids to dispose of land in Civic Center Urban Renewal Project R-13. Parcels include 11 200 sq ft commercial site. bids due May 16 1973 with opening May 14 1973. Brokers may earn commission. documents $10. deposits required. city reserves rejection rights. Published March 15 and 22 1973.
Probate notice in Linn County Iowa announces Ronald B Edens deceased under probate number 38963. The administrator ethiceth affirms appointment March 9 1973 with claims to be filed within six months from the second publication date March 22 1973. Creditors are requested to present their claims for allowance.
A regional Medical Society promotes a foundation initiative offering crisis help and support resources. The program aims to connect residents with counseling services and rapid assistance through local partners and volunteers.
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