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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 29, 1975
Page
10
New York stocks fell moderately as investors priced in higher rate worries. The Dow Jones average slipped to 812.66 with about half the volume in the red. International Paper, U S Steel, and Dow Chemical led declines while Katy Industries gained on a $33.7 million footwear plant equipment contract.
Market reports show Cedar Rapids, Waterloo, Des Moines and Omaha areas with scattered steady to lower hog and cattle quotes. High weight cattle and utility cows varied, with specific ranges noted for butchers, sows, steers, heifers, and feeder stock across multiple markets and buyers.
Iowa City officials say the state Bureau of Criminal Investigation handed a file to the University of Iowa Department of Transportation and Security probe. The county attorney called the results inconclusive with no charges, while a University employee alleges firing linked to cooperation with the investigation. Willard Boyd appointed Lawrence Blades to review possible improper termination.
Safety Commissioner James Steinbeck announced that traffic lights should be in operation Wednesday or Thursday at the Sixth Street and Waconia Drive SW intersection. Permanent lights were removed for highway 30 bypass work and state transportation work remains to be finished.
Chicago AP reports a sharp decline in futures as soybeans fell to 1516 cents a bushel, November contract at 5.63. Wheat dropped to 4.27% for December, corn fell 3.14 to 4.14, and oats edged down 1.60 to 1.64. Readers are urged to note trading figures and commodity names such as soybeans, wheat, corn, and oats.
UPI wire bulletin shows live hog market activity in Des Moines with varying weights and grade prices. Receipts numbers indicate 40 000 Friday 14 000 Saturday and 67 000 the prior week with 82 110 a year ago, trading lines for sows and yellow hogs noted.
Mary Caenall reports a purse snatching near Tenth Street SE by a youth about 18 to 19, wearing a blue parka and brown hat. The purse held $51, three pairs of glasses, a checkbook and credit cards.
Charles R. Washington age 24 was arrested at 10 30 p m Thursday in the 1200 block of Fifth street NW on a charge of possession of a controlled substance for allegedly selling a narcotic in March. Washington remained in Linn county jail on a 500 dollar bond.
Cedar Rapids traffic engineer Mel Meyer was elected president of the Missouri Valley Conference of Traffic Engineers at the group’s annual meeting in Wichita Kansas. Safety Commissioner James Steinbeck announced the next meeting will be in Cedar Rapids next year.
Police report juveniles damaged a plywood panel beside Guar Alo Monroe elementary and blocked a hallway bicycle stream. A wheelchair was stolen, and an after school move involved a boat gear theft. Nearby gas tank, anchor, and radio equipment were also reported stolen from multiple residences.
Central City mourns George A. Sweet 63 after a lingering illness. Former Cedar Rapids resident, longtime Central City farmer and Allis Chalmers employee, he married Pila Mae Wood in 1911 and leaves a wife, son Bert, five sisters, four brothers, two grandchildren, and three great grandchildren. Services pending at Celler Memorial with casket to be closed before the service.
Mrs. Gus Carlson 62 lifelong Benton County resident died Saturday. Survived by her husband Gus and two daughters, Harlan Geiger and Raymond Rysteam Jr., plus several grandchildren and great grandchildren. She chaired farm pages, belonged to United Methodist church and Benton County 4-H, named Woman of the Year. Services Wednesday at 1 30 at Wesley United Methodist Church. Campbell Funeral Home in charge.
Mount Vernon Cornell college student affairs SAGB picks Dr Charlee Cornell for chairman post. Students Barbara Pifer Columbia Mo and Jim Swift Manchester named to SAGE committees on lifestyles and governance. SAGE includes six students three faculty and four professional staff.
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