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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 26, 1976
Page
17
New York stocks rose Friday, the Dow Jones Industrial Average edging to 1006.77 as gainers led losers on the NYSE. Trading remained quiet with sentiment aided by a Fed money-supply decline, hinting no rapid tightening of credit.
Scott Wolffe, 24, of 616 Fourth avenue SE, was charged with possession of a controlled substance with intent to deliver after authorities say they found a quantity of heroin at his residence during a Metro Narcotics raid. He was held in the county jail in lieu of a $10,000 bond.
Linn deputies arrested two persons for drunk driving Thursday night. Mikeal D. Franks age 22 of Springville route two was arrested after his car went into a ditch on a county road north of Springville. James F. Barnes age 28 of 515 Fifth avenue SE was arrested in the 700 block of Fifth street SE after allegedly driving erratically.
The Cedar Rapids hog market Friday held steady with Thursday’s bulk delivered butcher weights 200 to 230 pounds at 45.00 to 45.50. Sows around 300 pounds remained 40.00 to 40.50. Increments for heavier weights show 25 to 50 cents reductions per 10 pounds beyond set ranges, with packers discounted 25 cents per range up to 400 pounds and 50 cents per range to 600 pounds.
Cedar Rapids prices show discounting on certain cattle and steady sheep quotes while Des Moines reports mixed meat trade with higher steer and heifer values, slower pork demand, and steady to higher cattle demand. Livestock receipts and prior week figures noted for context.
Friday market news from Sioux City Des Moines and Omaha notes light offerings and steady undertone across regions. Hog and cattle trading shows scattered bids and mixed price shifts with US and regional quotes and Easter demand still loading.
Chicago wheat oats and soybeans fell sharply while corn eased. Wheat dropped 4 to 5 vents as local and commercial selling persisted for no clear reason amid light volume. Nearby cash grain prices showed No 7 spring wheat and No 2 winter wheat trading lower alongside weaker corn and soybeans. Livestock at Joliet and Webster City markets saw mixed to higher prices, with hogs and cattle showing modest gains in parts of the day.
Karen Stepanek twenty two of 3629 Bel Air drive SE remains in fair condition at St Luke s hospital with concussion and facial lacerations from a two car crash Thursday at First avenue and Twenty seventh street NE Miss Milota 19 of 1015 Tenth street SW sustained minor leg injuries no police witnesses found Milota said she entered the intersection as the signal turned yellow Stepanek was charged with failure to carry her driver s license
A public hearing will be held next week by the Cedar Rapids human rights commission on Paul Young’s appeal of his discharge from the commission staff. The hearing begins at 7 p.m. in the personnel department conference room at city hall. Young, fired March 17, has also filed complaints with the state civil rights commission and the federal labor department alleging race discrimination and seeks an injunction to block filling his former post until resolutions.
David V. Owens, 22, was released from Linn County jail Thursday after posting a $29,000 bond on a murder charge. He was arrested Wednesday in connection with the beating death of 17 month old Jamie Michael Proostgaard at a northeast Cedar Rapids residence.
Washington AP report notes February trade data show the United States importing 140.8 million more than exported, following January’s 72.6 million deficit. Exports fell 3.3 percent led by wheat soybeans tobacco and coal, while petroleum imports also declined but failed to offset the deficit.
Linn county legislative town meeting set for 10 am Saturday in Marion city hall with Rep. James Jordan as chairman. Includes notes on local ads for Kiwanis Farmers Day Breakfast at Veterans Coliseum March 27, a Sunday buffet at Hoover House in West Branch, Montrose events, and business notices from Diamond Carpet Cleaners, Dr. Rosenberg’s return to practice, and Cedar Rapids Art Center classes. A dog theft report at Brenda Thomas’s home is also noted.
Cedar Rapids police and Linn deputies conducted a three hour Drink-In at the police academy to test sobriety. Five participants passed police sobriety tests despite drinking, while two women failed the blood alcohol test. Tests included an Intoxilyzer reading and a driving simulator. Volunteers say tolerance varies by person and many support individual assessment over a fixed limit.
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