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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 09, 1976
Page
23
Stocks pulled back after another failed attempt to clear 1000 on the Dow industrials. The 2 p.m. Dow stood at 986.12, down 6.82, with losses outpacing gains on the NYSE as volume eased and investors eyed oil price risks.
Cedar Rapids hog market fell Thursday with No 1 200-230 lb hogs at 40.50 to 41.50. 230-250 lb and 240-260 lb ranges showed declines, sows 34.25 to 36.00, feeder ranges down. Lambs quoted 35.00 to 37.00, grain soybeans 70.1 per bushel, corn 2.65, oats 1.52, eggs mixed with steady undertone.
Chicago soybeans rallied late after overnight rain amid liquidation pressure and short covering driving September futures to 5 to 12 cents higher. Wheat rose slightly while corn fell, with brisk livestock trade reported in Sioux City Des Moines and Omaha margins. cattle and hog prices showed mixed movements and wholesale dairy items remained steady.
Community notices cover a Friday noon convention bureau slide on the town center, library talk by Tom Carey, fall travel and tours, local shop specials, church events, and a public sale. Several ads list services from jewelry to truck rentals and floral deals.
City Attorney David McGuire was asked by the Cedar Rapids airport commission to pursue legal action against alleged illegal solicitations inside the airport terminal. The practice involves former renter Jack Hatt’s company using airport facilities and nearby hangar space to solicit customers, despite not renewing a lease and owing $692 in back rent.
The Cedar Rapids airport commission votes to continue paying the night shift tower controller's $18,000 salary if the FAA proceeds with a seven hour tower closure from midnight to 7 a.m. The move aims to pressure the FAA while a federal court hearing looms, despite opposition from one commissioner and IDOT's involvement.
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