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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 29, 1973
Page
1
Investors paused after a surge in the prior week as stock prices fell in slow trading. Brokers attributed the decline to profit taking, with many cashing in on recent gains. The Dow Jones average of 30 industrial stocks closed down 6.17 at 947.10.
Prices on Saturday in Cedar Rapids held steady as Friday quotes for country and plant delivered butchers at 200 to 230 pounds ranged 40.50 to 41.00. Sows 300 pounds and down quoted 37.50 to 38.00 with deductions for heavier weights. Iowa market totals show US 1-3 ranges by weight from 40.00 to 41.25 for 200-230 pounds down to 37.25-40.00 for 270-330 pounds. Sheep and poultry lines appear in the report with varied notes on price bands.
Waterlooo market reports steady prices for butchers and sows. No. 2 butchers at 200 to 230 pounds sold for 40.50 to 41.00 dollars and No. 2 sows around 300 pounds brought 37.50 to 38.00 dollars.
The Postville market posted Friday quotes for prime steers at around 38.50 to 40.00 with heifers near 39.00. Stand ads and other categories show varied figures including good utility cow ranges and canner and commercial cows from 27.00 to 32.00, bulls at 39.00 to 41.00.
AP reports from Webster City and Des Moines show cattle trends mixed with price ranges and inventory estimates. Cattle volume forecast at Webster City about 500 head with 1,100 dressed meats expected. prices vary for cattle, bulls, boars, sows, and butchers. Des Moines notes beef demand slow but firm prices for select weights, with steers yielding higher and hogs showing modest gains amid market activity. Sioux City roundups indicate further declines for butterers and unsettled cattle markets with price gaps not yet established.
Unclear OCR text reports unsettled prices for Chicago produce and New York wholesale offerings. Mentions 64-67 and 50s price ranges, 70 and 83 scores, and wholesale butter rings with 92 score at 64 cents per dozen. References USDA and AP notes on demand for creamery and fancy grades.
Chicago wheat No 2 soft red traded at 4.92 on Friday while No 2 here red stood at 4.72. Corn No 2 yellow quote 2.45 and No 2 extra heavy white around 2. Wan beans No 1 yellow at 6.26.
Des Moines AP notes slow trade in town and river markets with steer beef unsettled. E commerce shows choice cuts and pork items active with prices listed such as ham portions at 74.50 per 17 to 20 pounds and picnics around 4 pounds at 74.0? per unit.
In Joliet Illinois cattle prices moved higher amid limited trade with high choice and prime steers at 43.75 and 42.50 to 50 for better lots. Heifers fully 1.50 higher while canner cattle fell to 25. Cattle slaughter and hogs estimated at 4,000 cattle and 1,000 hogs for Monday.
Omaha report notes hogs 4500 and gilts 7 to 5 lower, price ad 40.00 to 40 vito, fully 50 lower. Cattle and calves 2100 with no adequate test for trends as cows dominate supply. many cows held for feeders and to be consigned Friday.
Paul H Sievert 61 a Keota resident since 1950 died Friday in an Ottumwa hospital. Born Oct 16 1911 near Webster he married Hazel K Gersh at Westchester Dec 6 1933. He farmed in Keokuk and Washington counties then worked for Cargill in Cedar Rapids starting 1951. Survived by wife a son Richard Caledonia Wis two daughters Mrs Robert Eckhart Phoenix Ariz and Mrs Geraldine Jo Ann Stout Cedar Rapids two brothers and seven grandchildren. Services pending Powell Funeral Home Keota.
Poor weather blocked Cedar Rapids Municipal Airport landings Friday as runway visibility and cloud base failed to meet minimums. From 3 a.m. Friday to about 1 a.m. Saturday no planes could land. Some flights diverted to Moline Des Moines Omaha and Waterloo before lanes reopened Saturday morning.
The Cedar Rapids Marion League of Women Voters sponsors a coffee on Wednesday at 10 a.m. at 2505 Twenty-second Avenue the home of Mrs. Majerus. Women interested in league programs are invited to attend and should call Mrs. Majerus at 377-2459 to plan attendance.
A Marion church directory listing multiple congregations with addresses and service times. Notable details include First Baptist at 2895 Fourteenth Avenue Worship 9:30, Grace Baptist 440 South Fifteenth Street Worship 10:50 and 6:30, St. Josephs Catholic 995 Fifth Avenue Mass schedule through weekend, and First United Methodist on Eighth Avenue with services at 8:30 and 11. Sermons noted for several churches.
DES MOINES UPI An Iowa civil rights commission hearing is set on complaints that Davenport Times-Democrat refused to eliminate segregated want ads in employment listings. The commission says the practice discriminates and aids a discriminatory policy. A hearing is slated for October 18 at the Lend-A Hand club in Davenport. If Lee Enterprises fails to present evidence, a default will be entered and the hearing proceeds in its absence.
A detailed timetable lists movies at Paramount Plaza Eastown Marion Collins Twixt Town Twin West Twin East and Stage venues. Titles include Little Big Man A Man Called Horse Romeo and Juliet A Touch of Class American Graffiti Bang the Drum Slowly The Naked Ape Just Be There Ace High Poseidon Adventure and more with specific showtimes in the evenings and matinee slots.
A Des Moines two story house exploded from a gas blast late Friday night killing Luther Steger about 80 and injuring Michael Camp about 65. Camp was thrown from a second floor room and listed in fair condition. Authorities blamed gas and investigated a nearby gas leak that prompted evacuations earlier Friday.
Los Angeles AP reports American Bar Association president Chesterfield Smith says Vice President Agnew might be indicted but not tried while in office. He states indictment would remain until impeachment or departure from office.
Des Moines AP reports state Rep. Kenneth Miller says standard lumber sizes have shrunk while prices rise, alleging consumer fraud from misrepresented two by fours and other boards. Attorney General's office to issue an opinion after Bureau of Standards note of 12 by 3 inches as a possible standard.
Phoenix AP reports grandparents invited to dine, dance and visit the zoo for Grandparents Day in Arizona this Sunday.
Six year old James Molyneux of 627 Fifth Avenue SE was in fair condition at Mercy hospital after Friday afternoon collision when he ran into a car driven by John Schultz route three Cedar Rapids. No charges were filed.
About half of Coe college's 1,187 students come from Iowa, with 580 Iowa enrollees. Cedar Rapids accounts for 203, Marion 41, and other Linn County areas 37. The remainder enroll from Illinois 195, Wisconsin 37, Missouri 36, New York 28, Maryland 22, Hawaii 12, plus two from the Virgin Islands and one each from several countries.
Two Fayette county men escaped with minor injuries after a gas tanker veered off the road and burst into flames south of Postville. Driver Sam Miller, 34, of Oelwein, and passenger Robert Bass suffered bruises but were not burned. Firefighters extinguished the blaze along the roadside. the ACME truck reportedly carried 8,000 gallons of gasoline. Both men were taken to Postville hospital after escaping the wreckage.
Classified note touting easy use of want ads and claiming quick, satisfying results with a toll free style phone line number for readers to call. The brief item highlights the service as a means to achieve fast outcomes.
Linn County zoning commission will hold public hearings in Cedar Rapids on proposed rezoning requests by Glenn Lonsey Ann Metzger and James Wren Frances E Snyder to permit retail and other uses on parcels described in Section 6 and adjacent townships. Hearings invite all interested persons to speak for or against the zoning changes as authorized by Iowa law.
Probate No P265-0973 in Iowa District Court for Fred M Daubenmier deceased. Notice to interested persons that the will dated May 28 1963 was admitted to probate and no administration will be made. Action to set aside must be filed within one year from the second publication date. dated June 18 1973. Clerk Shea and Jackson Attorneys for estate. Date of second publication June 29 1973.
MOSCOW AP Pravda chief political commentator reasserted that the Soviet Union will not yield to Western pressure for concessions at the European security conference, signaling a firm stance amid talks.
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