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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 25, 1976
Page
19
New York stocks softened amid fading investor enthusiasm despite a brief rally attempt. The Dow dipped below 970 and major indices fell as losses outpaced gains, with Twenty-First Century Fox tumbling and the Big Board composite easing.
Tuesday prices for country and plant delivered butchers weighing 20 to 231 lbs ranged 4H.00 to 48.50 with steady packing sow prices around 42.75. Weight tiers show reductions for higher weights and adjustments for additional pounds, amid overall market weakness in the butcher segment.
Robert Joe Myers, 21, of 1208 Fifty Avenue SE, was rested at St. Luke's and released after being assaulted late Monday night on the McKinley school grounds, suffering facial lacerations and abdominal injuries from an unidentified six-foot male in dark clothing. The report lists prices and agricultural notices amid the text.
A fragmented OCR page shows scattered financial figures, street addresses, and names including Richard Allen Caldemeyes and Thomas E. Kenney. It references a concealed weapon arrest, intoxication and marijuana possession charges, and miscellaneous listings for cars, real estate, and prices across various locations.
Cedar Rapids residents along Towne House drive NE and nearby streets accuse Kenedy High School students of using residential lanes as a race track. They report speeders, injuries risk, and stress from speeding, urging traffic fixes. Council discusses stop signs and speed bumps, with votes stalling on immediate action. Residents propose closing a street if all owners consent and feasibility allows.
Eleven Vermite, 23, of Wawatha, charged with breaking and entering and alteration of manufactured goods. Cedar Rapids police say the suspect was found near midnight at the Jerry Wroth Co., 710 Fifth Avenue NE, with a stolen radio bearing the serial numbers.
Red Cross officials aided seven members of the Michael Fekete family after a fire late Thursday morning. The blaze at LOG Regent Street NE was not immediately determined. No injuries were reported to the Fekete family.
Washington AP reports Social Security trustees warn deficits will erode reserves after 1980 without tax increases. They project benefits may exceed income by 4.3 billion this year, with reserves shrinking to 47 billion at year start and long term strains from aging population. No immediate danger to current beneficiaries, but solvency concerns rise for future retirees without reform.
Cedar Rapids unit of the American Legion aviary reports a poppy soln program with funds of 4115 dollars. Multiple small thefts and missing items listed include tools, mowers, fishing gear, jewelry, and clothes valued from around 40 to over 1400 dollars, with various suspects and locations across the city and nearby streets.
Washington reports the Soviet Union admitted a technical violation of the 1972 strategic arms agreement and has begun dismantling outdated launchers. Officials said March acknowledgment was serious as it marked the first clear breach, with a four month deadline to complete dismantling tied to sea trials for a replacement submarine.
MorAmerica Financul Corgis notices that a cash dividend of eight per share is payable to stockholders of record on the 10th. The company reports a quarterly and annual dividend totaling two coins per share for the fiscal year ending in September.
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