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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 31, 1975
Page
15
New York stock market edged lower amid expectations of weak first quarter results and potential dividend cuts. The Dow inched up early on optimism over the tax cut bill, while NYSE composite and Amex indexes fell and activity remained active in large block trades.
Police report a burglary at the First Assembly of God on Forty-second Street NE. Entry damaged doors and several items including an amplifier, spanker, and Shreg microphones were taken, with about $80 in damage. Nearby Dale's Fruit Baskets and other local businesses mentioned. new counseling offices listed with hours.
The Cedar Rapids hog market prices fell with out of country and plant delivered butchers 200 to 230 lbs at 38.50 to 39.25 with various discounts for heavier weights and packers. The page also lists veteran meeting details, local ads, school damages, florists, grain prices, and miscellaneous community notes. The jumble includes ads for Beckys Fashionette, telephone services, and rental notices with several names and local addresses.
Wholesale beef and pork quotes show steady to higher bids for various weight ranges with Hogs and cuts moving unevenly. Advertising snippets from Des Moines and Joliet include shop ads and special offers alongside market notes and product hints.
Patrick Crean Stratford Ontario fencing instructor claims to have written British Prime Minister Wilson challenging MP William Hamilton to a duel to defend the queen's honor. Crean says Hamilton’s response is awaited. he asserts English royalty were cited in his message.
Commodity prices surged with soybeans up 18 cents, oats, corn, and wheat showing gains early on. Profit-taking trimmed some advances into the close as May wheat, corn, and oats posted notable gains and soybeans finished higher.
Jurors are questioned individually by prosecutors and defense in the Wedelstedt arson case tied to a fire at the Salty Dog site now an adult theater. The unusual method, juror promises, and timing prompted objections and warnings from Judge Harold Vietor as trial pace risks delays. Two co-defendants face separate charges for actually setting the fire while prosecution weighs immunity for their testimony.
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