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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 26, 1973
Page
4
New York AP reports the stock market showing gains with the Dow Jones industrial average closing up to 930.44, the NYSE index finishing at a high for the day, and the price-wi ng index up 0.18 at 22.70 amid moderate but broad advances across sectors.
Cedar Rapids hog market quotes show sows and butchers priced by weight with declines noted for some categories. Cedar Rapids buyers posted figures around 33.00 to 36.50 per hundredweight for various weights while general price trends varied by cut and weight. market expected closed Monday.
Fragmentary AP wire text from Chicago mentions a market event and a few garbled details. Names and specifics are unreadable, leaving only hints of a financial or market incident and unclear participants.
DES MOINES AP Parsons College of Fairfield faces a Tuesday decision on whether creditors may foreclose and repossess campus property to cover about 15 million dollars in debt. Judge Richard Stigeman said he would rule by Tuesday after banks urged appointing an outside receiver to run the college, though he warned an external manager is an expensive luxury.
LAMOURE North Dakota AP nine member senate committee disclosed Friday that the budget for the Central Intelligence Agency is less than 1 billion a year. Senator Young Indiana said in an interview that the combined annual budget for the three main spy agencies the CIA the Defense Intelligence Agency and the National Security Agency is about 83 billion with the GA receiving 409. The figure is about half the estimate used by some critics of the defense department and its related agencies. They estimated as recently as a month ago that the three big spy agencies consume 0 billion a year. He added specific budgets are classified information and offered no further detail.
Market bulletin from Postville detailing beef cattle prices and trading conditions. Notes vary in quality with listings for cows, steers, heifers, and calves, plus prices per hundredweight and per pound. Mentions Des Moines and Omaha markets, mixed demand, steady grades, and general market activity across species.
INDIANOLA AP Keyot The a manufacturer of tolor omes and fifth wheel trailers halted products on Friday after inventories built up and sales fell short of forecasts. The company moved its summer shutdown from August to June affecting about 150 production workers with about 40 kept on site in other departments. Watergate and fuel shortages were cited as factors in explaining the cutback and weak sales. The firm aimed to adjust to lower demand and reduce inventory.
Washington AP report says Jordan, 28, a native of Albany Ga, will coordinate efforts to help elect Democratic nominees in 1974. He will serve as liaison between the Democratic National Committee and Governor Carter's committee, providing field support. Jordan previously managed Carter's 1970 gubernatorial campaign and was governor's executive secretary.
Bangkok AP reports a U S Air Force pilot was killed when a United States plane crashed in Cambodia. Official Pacific Command released the casualty notice and said the crash cause remains under investigation.
Two Cedar Rapids boys aged around 11 and 13 were arrested Friday night after attempting to cash a $157 check at a West Sw Mart. One faced forgery charges and the other altered and forged instrument charges. They were processed by the youth bureau and referred to a probation officer.
In Lincoln Nebraska AP Senator Mark Hatfield criticizes War Term participants for showing no remorse over Watergate. He cites Baptist leader remarks at a Friday convention and urges repentance to heal national divisions, urging forgiveness and unity in the church and nation.
Cited remarks by Chet Hatfield urging fervent prayer as a response to Watergate fallout. Hatfield warns against idolatry of the presidency and emphasizes distinguishing personal belief from institutional power. He argues Americans favor action over contemplation and calls for national humility and prayer.
Fragmentary OCR shows livestock listings and prices from a Sioux City market. Entries mention hens, sows, and cattle with figures like 400.800 ky and 33.00, but the text is garbled. No clear date or full vendor names are readable.
A 16 year old from Mazon faces six traffic counts after a high speed chase that began in Marion and ended on Thirtieth Street Cedar Rapids area. He allegedly drove without a license and disobeyed signals, colliding with a shrubbery during the pursuit. He is held for juvenile protection.
A dense listing of Marion area churches with pastors and service times. Churches include Bethel Baptists Ath, First Baptint on Fourteenth Ave led by Rev. Lyle W. Lee with worship at 8:30 and Sunday school at 14:30. Grave Baptist. Scoia Creek Baptist. Robing Faith Bible. Christiana Baptist. Church of the Brethren. Ascension Lutheran. Lutheran and United Methodist congregations. Entries include worship times, Sunday school, and sermon topics or themes.
Mercy hospital will host a Tuesday workshop on the roles of clergymen and physicians in caring for terminally ill patients. The program by Mercy’s patient and family relations department features Paul Pep ningroth on The Psychology of the Dying Patient, a moderated panel with Sr. Thon Melatost and Dr. Codar Rapids, drawing over 80 clergymen from Cedar Rapids, Marion, and surrounding Linn County communities. The event runs 9 am to 3 pm.
Des Moines AP reports Gov Ray signed a bill allowing groups to form prepaid health maintenance organizations HMOs. The law lets unions or any organized group charge an upfront fee to provide or contract for care through own or partner facilities.
Washington social pages relay scorn over President Nixon remarks about dogs at capital dinner parties. Hostesses and entertainers condemn the quip as in poor taste, with some noting male dogs outnumber female dogs among pets of officials.
New York AP reports the three major networks will broadcast live Watergate hearings on a rotating basis when the hearings resume June 6. NBC CBS and ABC will alternate days, with NBC carrying the hearings first and each network free to drop the arrangement early if desired. coverage remains non interruptive to special programs and allows unaffiliated stations access via pool agreements.
AP reports the Montauk mansion once owned by former Iowa Governor William Luit or Larrabee is listed on the National Register of Historic Places. The Larrabee property, now a museum run by descendants, opened to the public for the first time this spring.
Dale Snyder, 27, charged with all tempt to commit murder, bond set at 10000 dollars in district court with judge Karl Kerline. Accomplice Duane Folia, 19, awaiting appointment of attorney on lesser charge of interfering with due process of law. Police say Snyder fired two shotgun blasts at Decorah patrol car injuring Officers Michael D Antuono and Naward Smith. vehicle pursued on line road at high speed. The case follows another Decorah shooting and a prior sentence of six months at Anamosa reform school in 1972.
Cedar Rapids nursing home staff completed a four day four hour Red Cross training program to meet Iowa health care requirements. Instruction by Mrs John Carey covered four sessions at the Red Cross office. The course aims to prepare aides and administrators for compliant patient care duties and safety protocols.
A 12 year old motorcyclist from 3824 Wullur Court SI was injured Saturday after losing control on Bel Air Drive SE and striking a car driven by Julia Steveley at 3621 Bull Drive SE. The rider was charged with driving with an invalid license lacking proper registration and failing to keep the vehicle under control.
A dense sequence of legal notices announces probate of wills, executor appointments, and creditor claims across multiple estates. Names include Harold J Brammer, Mary L Hines, Kenneth Pearson, Martha Pearson, and Gorman Fisher, with dates circa 1972 to 1979. Public notices advise heirs and creditors to file claims, settle debts, and pursue or contest wills within specified periods.
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