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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 09, 1977
Page
18
The New York Stock Exchange lists show many warrants moving sharply today, with Liberty Loan and Lionel Corp among top gainers and several names like Weasel, Int Mining and Dillingham among notable decliners as prices shift from yesterday's close.
The Dow fell 4.33 to 932.41 as trading remained light amid lingering rate concerns. NYSE losers led gainers 5 to 4 with total volume at 10.35 million shares. NYSE composite fell 0.16 to 54.15 while AMEX index gained 0.12 to 114.06. Midwest commodity notes include pork and beef price moves and USDA bulk selling prices for eggs and potatoes.
The Cedar Rapids hog market Monday closed higher with butcher weights 200 to 230 lbs at 38.50 to 39.00. Sows 300 lbs steady at 33.50 to 34.25. Heavier butchers and packers faced progressive discounts by weight, while sheep prices for shorn lambs ranged 53.00 to 55.00 and spring lambs 55.00 to 57.00.
Des Moines report shows steady prices with good but cautious demand and moderate offerings. Slaughter schedules largely filled for the week, with ample supplies and 8 to 8 1/2 cents per dozen to producers for farm eggs. Prices vary by grade and size, with Grade A large mostly 39 cents and Grade A medium around 29 cents.
Hogs 5 500 traded. butchers 1.00 1.50 higher. U S 1 3 190 250 lbs 41 50 41 75 sows 50 1 00 higher 350 640 lbs 36 00 36 50. Cattle 5 200 trade slow. slaughter steers weak to 50 lower. heifers 25 lower. cows 50 lower. Slaughter steer 1 125 lb No 3 43 00. heifer 850 1 075 lb 40 50 41 50. Sheep 300.
Iowa hog market shows moderate trade with higher price ranges for various weights and sow categories. Receipts reported for Monday through the prior week. Chicago grain notes list futures prices for wheat, corn, oats, and soybeans with no 1 yellow soybeans at 9.32 and No 2 yellow corn at 2.21 delivered.
The Iowa House approved 82-1 a custody jurisdiction bill sending it to Gov. Robert D. Ray. Floor manager Rep. Scott D. Newhard said the measure prevents conflicts with other states’ courts and stops children from being moved between states by shifting jurisdiction to the state where the child resides.
A mobile home owned by the Edward Hollandsworth family in Orchard trailer court was gutted by a fire Sunday night. Firefighters arrived about 6 30 p m and investigators believe a short in an electric water heater started the blaze. No injuries reported and the Red Cross is assisting the family.
Three people were admitted to Cedar Rapids hospitals after separate weekend accidents. Mark A. Riley, 13, was injured when his bicycle was struck by Ralph W. Drake, 62, who said the boy pulled in front of him on Stony Point road. John Carl Elliott Jr., 22, suffered a fractured left leg in a collision at Sixteenth street and C avenue NE with Linda Sue Creswell, 34, who was charged with failure to yield. Bob Hall, 18, was treated for cuts after being thrown from a motorcycle on Sugar Pine drive NE.
United Fire and Casualty Co. posts a first quarter net income of 761000, or 1.35 per share, a record for the quarter, with premiums written at 7751000 and net investment income of 478000. The Cedar Rapids headquartered firm also notes policies written rose 16 percent and paid a 25 cent dividend on March 15.
DES MOINES The Iowa senate voted 36-6 to insist on its grass roots land preservation policy over the stronger house version. The bill heads to conference committee to merge differences before adjournment of the 1977 session. The house would require a state mechanism for land use priorities, while the senate bill would not compel local governments to follow mandates.
AA Dr William Bennett to speak Monday at 8 p m Trinity Lutheran school cafeteria Cedar Rapids public invited NARFE Federal retirees postpone May meeting to May 18 Kiwanis speaker William Mogolov Des Moines discusses Gift of Life at Bishops downtown Honor Cynthia Collins named to Ampersand Mortar Board at Texas Christian University Cash lost Patrick Nugent reports missing 137 in cash Vandals damage Monroe school windows $320 loss Noon Lions speaker Randy Edwards two park facilities described Fall 77 preschool registration Cedar Rapids Pre School Travel ads Pella Tulip Festival Kalona Tour and other travel offers Rent ads sale events ERA rally Des Moines May 16 Overeaters Anonymous Westminster church meeting info
Cedar Rapids police are continuing investigations into two weekend breakins. Gulick Motors reported a glass pane removal at 501 Tenth Street SE with possible missing items. Wholesale Feeds at 521 Second Street SE lost a cassette 347, tape player 139, and 10 in coins after a window was broken.
A rural St. Ansgar man sues in Cedar Rapids federal court against the department of Health Education and Welfare over Social Security disability payments. Terry Radcliff claims a November 1975 disability application was denied by the Social Security Administration and subsequent HEW appeals were also rejected.
Kaiser Steel Corp tentatively pays a record 2.1 million dollars in fines and 15 million for cleanup at a plant to avoid a federal blacklist for pollution violations, state officials said.
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