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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 02, 1973
Page
10
Financial and market news describe sharp declines in grain futures as NYSE indices drifted lower and overall sentiment weakened. Reports note corn and wheat futures slid, while some softening in related commodity stocks accompanied the day’s trading.
The United States approves a new aid package for Cambodia, boosting financial and military support. Washington aims to bolster Cambodian stability and economic recovery, with additional aid reportedly totaling around five billion dollars through current fiscal year. The move comes as U.S. Congress debates military and civilian assistance levels for Phnom Penh and regional security efforts.
Wilson and Co directors approved in principle a plan for LV to acquire about 1 percent ownership of Wilson and Co. through a distribution of debentures to Wilson common stockholders. LV currently owns 2 percent via LTV Wilson Industries. Debentures worth 18 dollars per share and appraisal by Merrill Lynch advisory firm were noted.
Lawrene Pojeski, a member of the selmal Tard, protests grading as discipline. The report notes concerns about how grades affect students and cites multiple unnamed incidents.
San Francisco Mayor Joseph Alioto declares vindication over mafia link allegations connected to the governor race. The disputed 1969 Watergate era claims surface amid campaign tensions as Alioto presses for clarity and political impact while Republican rivals cast doubt on his integrity.
The Volga Park Dam project advances with a design pact by Segretti to three charges, while funding and appropriations loom. Engineering proposals include three state park renovations in eastern Iowa, and a 4 million dollar construction plan linked to 60 percent funding from the Bureau of Natural Recreation, with a full project submission pending.
Brezhnev will pay a visit to India this month, with indications the trip is arranged at the invitation of Prime Minister Indira Gandhi. The government press service released the notice amid other regional reports.
Deputy reports theft of coins worth five dollars from a household on Monday evening. Entry appears forced via unlocked door in Vine district. Investigation follows with no suspects named and a description noting a secured storage item damaged. Local authorities urge residents to report suspicious activity.
Officials report delays in campaign committee filings and approvals by a governor-appointed commission. Hudsons and Aynhurst offices faced verifications, with forms sent via United Parcel Service. Deadline timing varied by county, delaying some filings and prompting scrutiny of organizational statements and disbursements.
Federal magistrate revoked Tony Boyle's bond after a suicide attempt and ordered protective custody. A 24 hour U.S. marshal guard was set and Boyle was kept unaware of the status change. The action follows Boyle's extradition hearing on murder conspiracy charges tied to the 1968 slayings of Joseph Yabtonski and his family.
A damaged suit filing shows Susan A Otling as executor of Dennis B Otling estate seeking damages. The petition increases the claim from 800000 to 1500000 dollars after one of five men died in a pine crash near Blairdoon. The case names Morph Ties Dry Beech Mineral Corp and was filed Wednesday.
AMIS Phe awa highway commission Wednesday is ex pected to give formal recogni ion that It will construct an intercity freeway in Waterloo and Cedar Walls thus paving The way for federal ageeplaney of the amburstate 380 pale bo iaywen Cadar Rapids and Wale terton. Last Movender the highway commission fle nearly two years of Kldy paleced Hie Ro walled Raymond alternite as he [30 voule fran Cedar Rapids Waterton howaver approval of the wor ridoy by the Federal Highway Administration CPHWAL hasunal been given Raymond Cassel deputy ehial engineer for planning said the HWA will not approve the cor ridor anti Nie route as acepted uy the Town Northlant Regional council a group of only and county officials in the Waterloo area 1 Cassel said the Waterloo ares Group expressed two principal goneerng regarning its concur irene in the Raymond alternate for 1 389 In a Pecent meeting With highway commmission officials The Waterline Group wants Garantee that highway 21a south through Washburn and La Porte City be scheduled for improvement and hit there he official highway con Mission acceptance of the res ponsibility for construction of a biteraly freeway In Wa terloo and Cedaralls Cassel said the commission some time ago acknowlede set its responsibility for constrya tion of Un Waterloo Cedar Falls freeway pointing out that the freeway was orginally sought as jark of 80 However FHWA terminated the interstate in southeast Waterloo The formal acceptance of con struction on the Waterloo free way and highway 218 south of Wy alerting is expected to produce approval ot the I 389 route by the lows Northland Reploni ited MWA
Washington reports of an assault on Senator William Proxmire by youths who beat him with a stick. Proxmire sustained minor injuries as the attackers fled and were later arrested and charged with assault on a member of Congress and related offenses.
Dallas Fort Worth airport board delays opening after six major airlines request more time to test high tech equipment. Board authorizes over 1 million dollars in pay for salaries, operating costs, maintenance, and delay services during the postponement.
Deere workers at the Moline plant staged a limited strike while seeking a tentative settlement at the Ankeny facility. The dispute centered on pay and conditions as workers pressed for an agreement before a formal announcement, leaving the plants partially active amid talks.
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