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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 20, 1976
Page
23
New York stocks rose as the Dow inched up 5.9 points and the NYSE list gained near 8.6 margins. Kerox Corp at its annual meeting signaled a possible dividend increase, with Xerox up 3/8 and Sony gaining as traders anticipated a broader market pickup.
Des Moines lawmakers from both parties failed to agree on a schedule for final adjournment after an early morning meeting. Senate leaders Kinley and Lambertt urged a continuous work pace, while House leaders favored winding up next week. Cedar Rapids police arrested two 21 year olds on warrants related to delinquency of a minor.
In Cedar Rapids and Des Moines markets, hog prices held steady for the day with mix of weights ranging from 230 to 300 pounds. Packing and butchering figures showed slight adjustments by weight, while grain and poultry sections noted unchanged or weak undertones and varied delivery terms.
Wheat futures slipped while beans rose on the Chicago Board of Trade amid meal demand from Poland and interest by other European buyers. Livestock demand held steady to higher with varied cattle and hog prices. receipts and futures data from Des Moines and Joliet tracked the day's activity.
Washington AP reports the Senate approved a weather modification bill directing the Commerce secretary to study and develop a national program to assess weather modification for reducing storm damage and drought impacts, amid estimates of tens of billions in losses from weather events.
A young woman in her early 20s was found shot twice along Interstate 80 west of Newton near Len rolles, about 7 am Thursday. Bureau of Criminal Investigation agents investigated. the name had not been released. The body was partially covered by a blanket by a passing motorist.
Cedar Rapids brief items list losses and notices from residents. Gardner reports statue stolen from Elmwood Drive home valued at 151 dollars. John Samlaska reports television stolen from his vehicle worth 205.95 dollars. Several ads include garage sale items and hours at 1356 Harold Dr SE. Also noted moving medical office, a soldier returning from Germany, stolen stereo gear valued at 1200 dollars plus cash, missing watch valued at 250, and various local service ads.
Albert Henry Bousek, 43, of 1824 Eighth Avenue SW, was charged with intoxication and criminal trespass by Cedar Rapids police on Thursday. The arrest occurred about a.m. after he allegedly refused to leave a residence at 836 Third Avenue SW.
Norbert B. Sheffes aged 42 from rural New Hampton was arrested shortly after midnight Thursday by police for a drunk driving charge after failing to stop at a fed traffic signal at Seventh Avenue and Eleventh Street. He was taken to Lim county Jail for processing.
Mannlechfeger Corp base plant in Cadlar Rapids reports for the quarter ended April 30 shipments rose to 109.7 million from 93.7 million, a 17 percent increase, with net income up 23 percent to 6.8 million. Per share earnings fell 4 percent to 1.14 due to a 28 percent rise in outstanding shares. Six months sales reach 214.9 million up 20 percent, net income 13.8 million up 38 percent, backlog 236 million, orders booked 204 million, chief Henry Hamnlechieger says heavy equipment demand remains strong though U.S. demand lags.
DES MOINES UP discrete report states that the House approved a bill granting state employees and non elected officials a 4.7 percent pay increase with a 43 to 20 vote. The measure outlines coverage for university and road funds, with exemptions for legislators and other specific positions. It also shifts retirement contributions effective July 1, 1977 and keeps judicial salaries under current terms unless altered by lawmakers.
An 18 year old man and a 17 year old girl were arrested by Cedar Rapids police on May 7 theft charges. Charles Wayne Baker, 18, faces larceny of a motor vehicle and contributing to the delinquency of a minor. The 17 year old girl is charged with receiving stolen property and grand larceny related to the motor cycle theft and a truck theft.
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