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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 29, 1976
Page
10
Wall Street eased Monday with light trading after the government index of leading indicators rose for February but was viewed as weaker than hoped. The Dow fell 1.49 to 1 001.97 as Woolworth rose 4% on strong earnings, while the NYSE composite slipped 67 to 54.80 and the AMEX index eased to 104.72.
The report shows New York Stock Exchange listings with notable gains and losses across many issues. Highlights include firms such as AMBAC, Armco, and Texaco with varied percent changes and price movements. The data reflects daily shifts across sectors and includes prominent names and indices mentioned in the readable OCR segment.
Police say two men paid a $1.03 bill with a $20 note at Country Kitchen on Sixteenth Avenue SW and returned the $1.03 in change. They then requested the $20 back and later exchanged two twenties for eight fives, leaving the till short by about 54. The cashier was unable to recall the sequence as officials note a loss of 54.
Hogs sold Monday with prices for bulk country and plant delivered butchers 200 to 230 Ibs at 45.25 to 45.75 dollars. Packing sows 300 Ibs steady at 40.00 to 40.50. Heavier hogs offered 25 to 100 cents lower per 10 Ibs beyond 230, with packers 25 cents off to 400 Ibs and 80 cents off to 600 Ibs. Sheep and grain prices listed with corn at 2.43 and No 1 yellow soybeans at 3.37.
Livestock markets across Des Moines Sioux City Webster City Joliet and Omaha show mixed hog and cattle prices with hollowness in hogs and steers steady to higher. Receipts range from 58 000 to 80 000 head with varying weights and price ranges noted for No 2 3 categories and sows.
Commodity futures prices slide on Monday led by wheat down 6 to 7 cents and corn off around 2 to 4 cents as USDA prices show egg rates hold and regional russets and reds fetch varied bids.
Cedar Rapids Local 238 members endorsed a potential nationwide strike if no new contract is reached with freight carriers by Wednesday midnight. About 1,500 area truck drivers would be affected across LTL lines operating between terminal points. A cooling off period could be invoked if needed, and negotiators say agreement remains close but unresolved.
Linn deputies Hiawatha police and state troopers arrested nine persons for drunk driving late Saturday and early Sunday. One additional arrest included John E. Leatner 28 Wortly Oaks trailer court for erratic driving on Sixth avenue SW and possession of a citizen band radio with altered serial numbers.
John O. Sawyer, 38, of 217 Twenty-seventh Street NW, fined 100 dollars after pleading guilty to possession of stolen property valued under twenty dollars. Original charge was possession of property valued over twenty dollars. police linked arrests to 51 crimes. Also pending: Kenneth F. Willman, 35, receiving stolen property. Donald L. Krach, 39, receiving stolen property. Delane Rocarek, 18, breaking and entering receiving stolen property and uttering a forged instrument. Lonnie L. Noggle, 18, larceny in the nighttime.
The Linn county United Way will hold its annual meeting Wednesday at the United Way office 712 Third avenue SE. The gathering starts about 4 20 pm after a regular board meeting and will cover election of new board members and officers and adoption of restated articles of incorporation.
Charles Elwin Armstrong 25 of 3610 Klinger St SW was arrested at 11 30 p m Saturday and charged with lascivious acts with a 6 year old girl on the southwest side of Cedar Rapids between Sept 1 and March 27 He is in Linn County jail on a $5000 bond.
The scheduled concert by Russian cellist Mstislav Rostropovich at Hancher Auditorium in Iowa City is canceled due to illness. Rostropovich, with strep throat, was hospitalized after a Liberty Missouri show and will remain in hospital for several days. Ticket refunds are available by mail or cash at the box office.
Cedar Rapids high school students earned twelve awards at the state Office Education Leadership Conference in Des Moines. Notable honors include Jefferson data processing wins and Kennedy chapter of the year with top results in bulletin boards and activities. Winners advance to the national contest in Topeka, Kansas in May.
Police logged seven reports of cars tipped onto their sides in multiple city areas late Saturday into early Sunday. A neighbor saw two carloads of youths depart around 2:30 a.m. Most incidents caused dent damage to the vehicles.
Linn deputies investigated several thefts reporting a $46 fire extinguisher stolen from Walker DX station Thursday night. Thomas Young of Linn Junction said $616 worth of lumber was taken from a shed in the past three weeks. Wayne Laird of Marion reported two TV sets valued at 250 and 390 and a typewriter and dishware stolen from his home Friday. Robert Smejkal on Mt Vernon road reported a Friday break in with no items stolen but $350 in window damage. Jerry Hines of Springville reported about 50 sheets of plywood stolen from the Springville Co-Op Sunday morning.
The Iowa commission for the blind defends a policy barring guide dogs from training facilities during extended programs. The attorney general’s office says the policy follows staff guidance and does not violate the right to accompany a guide dog in public places.
In Washington AP report lawmakers and former Pentagon leaders clash over U S military strength amid Cuban ties and Soviet involvement in Africa. Rumsfeld warns Ford may veto defense bill. Mansfield faults Kissinger on Cuba. Schlesinger and Zumwalt critique global power and arms policy. ONeill accuses saber rattling. Proxmire urges cheaper arms to save billions.
District Court notices probate of Irene F Rimrodt last will dated August 21 1972. Heirs and interested parties must file objections or claims by six months from the second publication date or forever barred. Clerk Kenneth L Perrys announces proceeding in Sins County Iowa.
Aichie Transfer & Storage will conduct a public auction on January 12 1978 at 730 Fourth Street SE Cedar Rapids to satisfy a warehouse lien on the household goods and personal property of Dr and Mrs Strand. Bidders cash only. The lien covers transportation storage and interest per Iowa Code Section 47470. Auction held for the account of Dr and Mrs Strand by Avened Transfer & Storage Ltd. Manager Moorsee L. Faulkner.
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