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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 27, 1976
Page
25
New York markets fell Thursday as consumer confidence, shown by the Conference Board, dropped from February to April. The Dow Jones average slid to 961.31, with decliners outpacing advancers about 3 to 1 amid broader declines.
Thursday hog prices ranged 48.50 to 49.00 for 200 to 240 Ib pigs, with 230 to 240 Ib butchers near 28 cents under, 240 to 270 Ib sited at 80 cents off per 10 Ib increment, and 270 to 300 Ib cuts discounted. Cattle prices show varied lots from good to choice and standard steer values around 32.00 to 90.00, with commercial cows and other grades discounted per weight.
Grain prices and cattle futures dominate a dense livestock market update from Des Moines and nearby markets. The report notes steady demand with occasional improvements, listing prices for calves hogs cattle and sheep, including regional bids and futures activity from Omaha Sioux City and Joliet markets.
CHICAGO AP Soybean prices were mixed on the Chicago Board of Trade Thursday with soybeans fluctuating as much as 8 cents but rallying then fading on profit-taking. Wheat, corn, oats moved higher while soybeans showed mixed to higher at close. Des Moines and Webster City reports note varied livestock bids and receipts.
A Cedar Rapids houseboat at Ellis boat harbor was broken into Thursday with stereo equipment valued at $1,125 stolen. Additional losses include items valued at $28 and $19.80, plus plants and decorations from local businesses. Separate items mention enlistees at a Navy recruiting district, a May 29 deadline for local cleaners notices, and multiple ads for services and scholarships.
In San Francisco a Republican candidate for Oregon secretary of state named Kelting had his truck stolen then was arrested for a public demeanor offense after being picked up by police near the Golden Gate Bridge. He spent time in county jail, posted a one day sentence, and was released after pleading guilty.
In San Francisco the appeals court says gamblers who lose money betting on pinball can recover if they prove the game was crooked. Richard Bradley sought $70,000 from the Orchard Room bar in San Carlos, alleging hidden electronic and magnetic devices manipulated the games. The San Mateo Superior Court dismissed the suit, but the state supreme court allowed Bradley to proceed, noting the defendants’ intent appeared felonious. Defendants include James Dolerty and the Orchard Room tavern operated by ZB M Enterprises.
Jazz saxophonist Stan Getz says two gunmen beat him and stole cash and a watch after forcing entry to his beachfront hotel room in San Diego. He required three stitches on the back of his head and described the assault as a felonious attack during a Tuesday stay.
Judge L Job Dégnan weighs motions to dismiss indictments of Philp Adreon Winthrop police officer and Dwight Guenth er Jr deputy sheriff in the April 6 shooting death near Winthrop. Prosecutor Beck argues grand jury procedures complied with law as defense seeks to overturn the indictments amid claims of improper juror interrogation. Arraignment occurred May 33 with requests for more time to prepare defense as motions proceed.
Former CIA Director William Colby stated the CIA had absolutely nothing to do with President Kennedy's assassination. He Culture noted he has not studied the case in depth but concluded the agency was not connected to Lee Harvey Oswald or the events surrounding the murder.
The Hewail Museum Bembke P. Bishop muse in founded in 1983 serves as the primary repository for Maneail's relief efforts. On this date in 1935 the U.S. Supreme Court ruled unanimously that the National Recovery Act was unconstitutional, a decision tied to FDR's programs to combat the low mood.
Directors of Harnischfeger Corp vote to double common shares to 8,758,000 and raise the cash dividend. A 100 percent stock dividend on July 1 will be paid to shareholders of record June 7. The quarterly rate rises to 40 cents per share and the new total dividend equals 20 cents per share after the split.
Former Supreme Court Justice William Douglas left Good Samaritan hospital in Portland after a stroke in December 1974 and treatment with a spinal stimulator. At 77, he travels with his son William and will continue care under Washington physician Dr. Thomas Gunnally. Hospital spokesman Weadnesday noted the patient’s condition improved and pain diminished.
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