The Gazette from Cedar Rapids, Iowa • 43

Financial and Stocks Take Tumble NEW YORK (AP) Analysts still maintained market prices were off sharply drop was a normal this afternon despite a firming trend that partially erased after recent dramatic morning losses. Trading was Some brokers indicated moderate. market might be entering At 2 p.m. the Dow Jones phase of retesting average of 30 industrials was off lows. 8.56, or 1.23 percent, at 685.79.

Big Board prices Losers outnumbered gainers Burroughs, off at by 4 to 1. Earlier they were mestake, up at ahead by 2 to 1. off at University puting, off at Pfizer, off 1 at 31. NEW YORK (AP) Dow Jones 2 p.m. stock averages: 30 Industrials 685.79 Gt GtWnUnit West Finl Transportation 139.93 .90 Utilities 98.99 Greyhound Stocks 222.61 Gulf Oil 1.50 GulfStaUt .96 GulfWind .50 Ups and NEW YORK(AP)-The following list Harris Halliburt 1.05 93 shows the stocks that have gone up the Int most and down the most based on Here HeclaMn Inc 24 percent of change on the New York Pack .20 32 Net and percentage regardless changes of volume.

the HoernWal .90 Stock Exchange 17 difference between yesterday's closing Hoff HolidyInn Electrn .22 186 are price and today's UPS last price. Homestke .40 350 25 24 Name Last Net Pct. Honeywl HousehF 1.30 1. Int FedMtg Inv Up HoustLP 1.20 1.10 -00 Loral Mining Corp Up Up 5.7 Howmet Co SupmktG pf 21 Up 5.0 (n BanP 1.25pf Up 4.9 3 De Carter Soto Wall Inc fretsai PALESE 29992, 10.0 9.4 INA Cp Rand 1.40 IdahoPw 1.60 Name Ill Ideal Cent Bas 1.14 .60 10 Data Proces 10.1 Imp Cp Am 19 A Am Enka 8.8 inland 34 (n Ludlow Cp 8.7 Intrikinc 1.80 IBM 4.80 359 NEW YORK (AP) New York Stock Int Harv Miner 1 80 68 35 BE Exchange selected late prices: Nick 1.20 108 Int Pap 1.50 148 Sales Net Iowa Beef 1.05 218 37 (hds.) High Low Last Chg. Itek Corp 225 AbbtLab 1.10 32 ACF Ind 2.40 10 40 J.K Ad Address Millis 1.40 .20 84 27 26 Jewel Co 1.50 87 -Admiral AetnaLif John John .32 102 JohnMan 1.20 116 30 Air Red 1.40 101 JonLogan .80 16 JoneLau Alleg AlcanAlu Cp 1.20 Jostens .70 20 Joy Mfg 1,40 55 42 AllegLud 2.40 Kaiser Al Alleg Pw 1.32 1.40 AlliedCh 1.20 18 KanPwL AlliedStr 1.40 Katy Ind Allis Chalm KayserRo .60 Alcoa 80 Kenncott 2.60 43.

AMBAC .50 Kerr Mc 1.50 Am Hess 1.20 32. Am Airlin .80 Koppers 1.60 29 ABrands 2.10 Kraftco 1.70 AmBdcst 1.20 24 Kresge SS .44 369 Am Can 2.20 36 Kroger 1.30 36 ACrySug 1.40 18 reserved Am AmEIPw Enka 1.25 1.64 1a 139 48 28 Lear Sieg 50 12 rights A Am AMetCIx Home Hosp 1.50 1.40 .24 103 154 132 Leh Lehmn Val 1.55e Ind 048008 LehPCem .60 LibOFrd 2.40 30 World Am Am ANatGas Photo Motors 2.10 .12 167 33 28 32 Ling Libb TV My McN 1.33 2.50 378 16 A Smelt 1.90 108 Litton 1.12f 335 1970. A Am Std wt wi 837 31 32 32 Loews Lockheed The Air :13 176 88 Am 2.60 -972 LoneSCem 20. AMF Inc .90 107 19 1.12 AMK Cp .30. 97 1.34 152 181 18 AMP Inc .58 238 46 Lucky St 23 Ampex Corp Lukens Anch Hock LykeYng Anacond 1.90 25 LVO Corp 5 Arch AncorpNSv Dan 14 14 ArmcoSt 21 Macke Co .30 ArmstCk .80 24 24 Macy RH.

Ashid Oil 1.20 Fd 1.69€ King Atl Assd DG -Richfid 1.20 53 Marathn 1:60 1.20 76 Atlas Chem Marcor 1.60 Atlas Corp Marcor wi Avco Cp 1.20 Mar Mid 1.60 35 le Babck 50 14 Melv Mead Corp Shoe 32 Cal Finani 20 Bell How AinnMM 1.75 102 Balt Merck 2a 104 Brit Pet 32e Beat Fds MGM 16 Avon Pd 2.20 146 DStr 1.60 Brist My 1.36 Burl Ind Distil 15 Beth Stl 1.80 126 Budd Co .80 Nat Bisc 2.20 Bunk Ramo NatCashR .72 Block 45 MontDUt 1.78 10 Avnet Inc .40 MartinM 1.10 13 AvonProd wi 73 Maytag la McDonnD .40 15 Beckman Microdot 20e 12 BeechAr MidSoUtil .96 Bendix 1.60 2.40 166 1.60 1.20 Benguet Mohasco 1.10 Boeing Co :40 281 383 48 Mont Pw 1.68 28 BoisCas .80 Borden 1.20 .60 43 BorgWar 1.25 21 1.80 26. Brunswk 18 BuyEr 1.20 18 18 Nat Airlin .40 Bulova .60 BuriNor 105 Nat Fuel 22. Burrghs 755 Genl .20 1.05 16 Indust CampRL 23 Steel 2.50 35 CampSp 1.10 Tea .80 CaroPLt .25 163 34 IT Pow 1.16 CarterW 32 18 CastleCk 35 I 1.48 Cater Tr 1.20 83 1.04 CelaneseCp 2 107 20 1.10 Cenco Ins' .30 20 Cent SW 1.90 Norrisind .80 Cerro 1.60b 20 20 AmPhil Cert-teed .80 14 NoAmRk 1.20 CessnaA NoNGas 2.60 43 CFL StI NoStaPw 1.60 22 Ches Ohio Northrop 23 18 ChiMil SPP 28 Nwst Airl .45 ChiPneuT 6 28 Norton 1.50 136 ChrisCft NortSim .991 Chrysler 399 35 20 35 CITFin CitiesSvc 2.20 43 Occid Pet 1b 333 1.80 ClarkEq 1.40 OhioEdis 1.54 56 2.16 Okla GE 1.16 1.12 32 17 Colg. Pal 1.30 Olin Corp .88 38 15 CocaCol 1.44 CollinsR 16 Omark Elev Ind 2 1f CBS 1.40b 28 28 Outbd Mar Colointst 1.60 Otis Colu Gas 1.68 29 OwensCg 1.35 1.40 35 68 40 .40 25 OwensIll ComwEd 2.20 31 Comsat PacGEI 50 115 Con Edis 1.80 30 Packtg 1.60 ow ConFood 1.76 24 Pac Pet Cons ConNatG Powr x66 PacPwL 1.28 18 .50 1.20 17 ContAirL Can 2.20 PanASul 10 Cont Cont Cp PanAm WAir Conf Oil 1.50 Panh ParkeDavis EP. 1.60 -241 Cont Data 163 42 Penn 675 13 Tel .80 53 Control PennDix 11 Cooperin 2.50a 195 195 Penney JC 1 CorGW PaPwLt 1.60 22 Cowles Bdcst.

Com .30 13 13 PennzUn .80 356 Cox CPC Intl PepsiCo 53 CrouseHind 11 Pfizer Perfect Film CrowCol 1.07f 104 13 Phelps .60 2.10 Crown Cork 120 Phila EI 1.64 138 21 Curtiss Cudahy DanRivr CrwnZell Wrt 1.60 12 8 Phill Philip PortG Pitney Polaroid Pet El Bw Morr .32 1.30 1.30 .68 469 307 133 12 25 26 Sadie Dart Ind 30 PPG Proct Ind Gamb 1.40 164 63 DaycoCp 1.14 1.60 PubSCol 1.06 30 30 PSvCEG 1.64 258 Deere Co Del Mnte .40 1.10 Puebloint 28 19 DeltaAir 1.10 1.76 22 DetEdis DenRGr 1.40 18 Pullman .50 2.80 112 38 Det Steel Questor Diam DillonCo Sham 13 Disney Ranco Inc .92 RalstonP .70 du Pont 115 114 Revion Dua Lt ReynMet 1.10 26 Dyna Am ReynTob 2.40 DowChm RCA Reading Co 21 Dressind 88865888 ReichCh .50 Diversind Raytheon .60 22 DomeMin DukePw RepubSt1 2.50 30 RoanSel 1.23e 6 Rohr Cp .80 EasKodak, Lin la 62 IT RoyCCola .54 Roy Dut 1.03e 34 Eaton Ya 1.40 Ryder Sys .50 Echlin .10 12 Mfg IPasoNG 16 16 Safeway 1.10 25 Eltra Cp 1.20 48 St JoeMin Emer Elec 21 StLSanF 2.40 End Johnsn 21 StRegisP 1.60 EssexInt 1.20 Sanders Ethyl Cp .84 I SaFelnd 1.60 EvansP SanFeint 30 15 16 FairchC .50 247 CHICAGO Fla Pow 1.60 December Fst Chrt 2.29f 20 20 September Fair Hill Filtrol Fansteel Firestne Fedders Flintkote FlaPowLt FedDeptStr 1.40 .40 1.60 2 Inc 39 ROSSESSSESS Furnished WHEAT OPEN July 1.36¼ FMC Cp 104 18 18 March FoodFair .90 CORNFordMot ForMcKs .80 July 2.40 43 FreeptSul 1.70 September FruehCo Gen Fds Elec 2.60 2.60 December GAC 1.50 23 March Gam Sko 1.30 PEASE December 1.30% GAF Corp .40 OATSGannett .48 21 20 July GenDynam 1 20 September Gen Gen Mills .88 18 28 SOYBEANS GPubut 1.60 July 2.80 GenMot 1.70e Tel El 1.52 August Ga Pac PRESS November 2.71 Genesco 1.70 September .2.76 Gen Tire 1b Gerber Getty0 1.06€ 401 1.20 January 2.75¾ Gillette 1.40 March 2.79¼ Glen Alden Global Marin 10 1.72 July 1.07½ GraceCo Goodyear 1.50 .85 September GraniteC Gt GrantW 1 1.50 30 30 33 December Market News Of Iowa Interest LATE QUOTATIONS Am. Rein. Banks of Iowa 19- 20 Beatrice Foods Cherry-Bur. Clinton Engines 11 Conrac Consolidated Foods 3012 Dico, Inc. 11- Excel Inv.

FMC 18 Gen. United Group Harnischfgr. Interstate P. Iowa Electric 8 lowa-Ill. Gas 20 Kidde comm.

Life Invest. of Iowa 15 Mapco comm. Mapco pid. 21 Maytag Mid-America 4.75- 5.19 Nissen Ozark Quaker Oats 40 Rath Syntex Wilson and Co. Schering Schenley .80 1.40 108 51 SCM Cp SCOA Ind .60 Scott Paper 1 2.20 Searl GD 1.30 Sears 1.20a Shell Oil 2.40 SherwnWm 2 SignalCo 1.20 Co 2.40 Smith KF SCar EG 1.26 SoucalE 1.50 South Co 1.20 SouNGas 1.40 Sou Pac 1.80 Southen Ry 3 Spartans Sperry SquareD Squibb 1.50 StBrands 1.60 Std Kollsman StOiCal 2 80 nd 2.30 STOIINJ 1.80e StdOilOh 2.70 St Packaging StauffCh 1.80 .75 StevensJ 2.40 StudeWorth 1 Survy Fd Swift Co .60 Systron Donn' Tampa E1 33 Tektronix 56 eledyn 1.09t 132 Tenneco 1.32 77 Texaco 1.60 261 TexETrn 1.40 131 TexGSul .60 Texasinst .80 TexPLd Textron .90 Thiokol .40 TimesMir .50 Timken 1.80 ToddShp 1 20 Trans Air 232 Transmra .55 163 Transitron TriCont 2.24e TRW Inc Twen Cent 117 14 14 14 28 378 102 130 43 81 42 27 155 56.

56 12 164 145 364 108 69 14 41. 41 28 18 15 27. 24 UAL Inc 217 UMC Ind. .72 8 Un Carbide 81 Un Elec 1.28 50 UnOilCal 1.60 91 '25 Un Pac Cp 2 59 UnionPac 2 20 .70 80 UnitAirc 1.80 43 Unit Cp 45 Un Fruit 1.40 15 Unit MM 1.30 20 USGypsm 3a US PlyCh Indust .50 .84 163 48 24 US Smelt 24 US. Steel 2.40 92 UnivOPd .80 103 24 Upiohn 1.60 25 V.W Varian Asso 88 15 Vendo Co .60 VaEIPw 1.12 265 19 WarLam 1.20 122 Was Wat 1.28 Wstn Air Lin Wn Banc 1.30 35 35 WnUnion 1.

40 21 WestgEl 1.80 149 60 Weyerhsr .80 119 Whirl Cp 1.60 47 WhteMot 36 Whittaker 170 WinnDix 1.62 14 Woolwth 1.20 287 29 X-Y-Z Xerox Cp .60 598 Zale Corp .64 22 26 26 ZenithR 1.40 65 Copyrighted by The Associated Press 1970 Sales figures are unofficial. Unless otherwise noted, rates of diviends in the foregoing table are annual disbursements based on the last quarterly or semi-annual declaration. Special or extra dividends or payments not designated as regular are identified in the footnotes. a -Also extra or extras. b- -Annual rate plus stock dividend.

dividend d. Declared or paid in 1969. plus stock dividend. or paid so far this vear. f-Paid in stock during 1969, estimated cash value on ex-dividend or ex-distribution date.

Paid last h-Declared or paid after stock dividend or split up. k- Declared or paid this year, an accumulative issue with dividends in arrears. New issue. Paid this year, dividend omitted, deferred or no action taken at last dividend meeting. -Declared or paid in 1970 plus stock dividend.

t-Paid in stock during 1970 estimated cash value on ex-dividend or ex-distribution date. Z-Sales in full. cld-Called. x-Ex dividend. -Ex dividend and sales in full.

x-dis Ex distribuxr-Ex rights. xw-Without warrants. ww-Witt. warrants. wd-When tributed.

wi-When issued. nd -Next day delivery bankruptcy or receivership or being reorganized under the Bankruptcy Act, or securities assumed by such com panies. fn -Foreign issue subiect to interest equalization tax. Ammonia Suit Goes to Jury A civil suit in which an 18. is asking $44,000 in damages ploye of Linn-Jones FS Services from that company went to the FEE jury late Wednesday after final arguments.

No verdict had been returned by noon Thursday. Attorney for LaVern lewski, Cedar Rapids, charged that the company was negligent in connection with a 1968 cident in which Wroblewski was 45 badly burned by ammonia ploding from a ruptured tank. The attorney charged that FS had faulty equipment at the tank site and an insufficient 23 supply of water to neutralize possible injury from a tank rup21 ture. Wroblewski asks damages for 26 medical bills, pain suffered and permanent injury to the chest area. Defendants claimed ski had assumed risk when he entered the tank area and took risks in His handling of the tank.

GRAIN QUOTATIONS by Lamson Brothers HIGH LOW CLOSE PREV. CL. 1.39⅜ 1.36¼ 1.38 1.36 1.41¾ 1.38¼ 1.40% 1.38 1.46⅝ 1.44 1.45⅜ 1.43 1.49⅝ 1.45¾ 1.47½ 1.44½ 1.32¼ 1.31⅝ 1.31⅞ 1.31⅝ 1.30¾ 1.31½ 1.30½ 1.27¼ 1.25¾ 1.26¼ 1.25½/ 1.31⅝ 1.30% 1.31 1.301 .64 .66 2.79⅜ 2.801 2.78 2.79⅛ 2.75⅝ 2.761 2.71⅝ 2.71 2.76 2.75⅝ 2.80½ 2.79½ 1.08½ 1.07½ 1.08 1.06% 1.11 1.11 1.11 1.00% 1.14¾ 1.13 1.14% 1.12⅝ No Test for Cattle Mart FRIDAY ESTIMATES CHICAGO (AP) (USDA)-Official mated receipts for Friday: 3,000 cattle, no estimate of sheep, CHICAGO (AP) There were cattle on hand of any one class to permit a fair test of the market at the Chicago Stockyards Thursday. Cattle receipts totaled 100 head. There were no sheep.

Iowa Hogs DES MOINES (UPI) -Trade fairly active. Demand Butchers to 25 lower, and mostly 25 lower at midsession. Sows steady. Estimated receipts Thursday week ago year ago Wednesday 84,000. U.S.

1-3 200-230 lb. butchers 23.75-24.75; 230-240 23.50- 24.50; 2-3s 240-260 lbs. 22.50- 24.00; 260-280 lbs. 21.50-23.00; 2-4s 280-300 lbs. 20.00-22.00.

U.S. 1-3 270-330 lb. sows 17.75- 20.00; 330-400 lbs. 18.25-19.50; 2-3S 400-450 lbs. 17.75-19.00; 450-550 lbs.

17.00-18.25. DRESSED MEATS DES MOINES (AP) (USDA) Wednesday's Midwest carlot meat trade report for lowa and some adiacent points: Steer and heifer beef steady to 50 higher. Pork cuts loins 1.00-2.00 higher; skinned hams steady to 1.00 higher; seedless bellies 50 to 1.00 higher; picnics steady to 50 lower, Steer beef, choice, 600-700 lb. 47.50- 48.00, 700-800 lb. 47.50-48:00, 800-900 lb.

47.00-47.50; good 600-800 lb. 45.50; heifer beef, choice, 500-700 lb. 47.00-47.50. Pork cuts loins 14 lb. and down 59.50, 14-17 lb.

57.50-58.00; picnics 6-8 lb. 31.50- 32.50; skinned hams 14 lb. and down 45.00-45.25; 14-17 lb. 44.00-45.00; seedless bellies 10-12 41.50, 14-16 lb. 40.00.

Chicago Livestock CHICAGO (AP) (USDA) Cattle 100; not enough for price test; limited number of cows steady; utility and commercial cows 22.00-24.25. Sheep none. LIVESTOCK FUTURES CHICAGO (AP) Futures trading the Mercantile Exchange Wednesday: Live beef cattle Close Prev. June 31.30 31.10 August 30.75 30.50 October 29.50 29.47 December 29.00 28.97 February 29.30 29.07 April b29.10 b29.05 June b29.05 n29.00 Live hogs June 26.25 26.60 July 25.77 26.15 August 24.10 24.32 October 21.15 December 20.40 20.60 February 20.25 b20.05 FROZEN PORK BELLIES Thursday's Quotations (From Lamson Bros.) Open High Low Close Prev. Sales July 38.75 38.90 3795 38.17 39.15 5,013 Aug.

36.25 36.40 35.65 35.95 36.70 3,304 Feb. 33.20 33.22 32.65 32.87 33.27 Mar. 33.05 33.05 32.57 32.85 33.30 OMAHA LIVESTOCK OHAHA (UPI) Cattle calves 100; slaughter steers strong to 25 higher; Heifers fully steady; Cows strong to higher; high choice and prime 1322 steers 31.25; choice 30.00-30.75; good low choice, 27.00-30.00; choice 850-1025 lb. heifers 29.25-30.00; good and cial choice cows 26.00-29.25; 22.00-23.75; Utility A few and 24.00; commerner and cutter 21.00-22.50. SIOUX CITY LIVESTOCK SIOUX CITY (AP) (USDA) Cattle 2,500, calves none; steers strong mostly 25 higher choice 29.75-30-75; heifers steady to strong; choice lbs.

29.00-30.00. C.R. Markets Prices paid on the Cedar Rapids hog market Thursday were steady to 25c lower. Prices paid Wednesday for the bulk of country and plant delivered butchers weighing 200 to 230 depending on grade and condition, were $23.75 to $24.25. Packing sows, 300 lbs.

down, were $19.50 to $19.75. Butchers were 35c off for each 10 lbs. weight from 230 lbs. to 250 lbs. and 50c off each weight grade from 250 lbs.

to 300 lbs. Packers are 25c off for each weight grade from 300-360 50c off each weight grade to 500 lbs. and 75c each weight grade above 500 1 lbs. CATTLE MARKET Choice and prime steers Choice and prime heifers 27.00@29.00 Good steers 23.50@26.50 standard heifers 22.50@25.50 and utility steers 22.00@25.00 Standard and utility heifers 20.00@23.00 Utility cows 18.00@21.00 Commercial cows 19.00@21.00 gutter cows 18.00@25.00 15.00@21.00 Overfat steers and heifers are discounted $1.50 per cwt. to $3.00 per cwt.

(Wasty and gobby overfat cows are $3 and $5 less per 100 Ibs. than regular commercial cows.) SHEEP Choice to prime spring lambs, $28.00. Good to choice Old sheep POULTRY Heavy breed hens 7c. Leghorn and Hyline 6c. Old cocks 4c.

GRAIN GRAIN No. 2 vellow corn, $1.19. No. 2 yellow soybeans, $2.63. 38 lb.

oats, 60c. Thursday's prices, delivered. EGGS A large 22c; A medium 16C; 16C; checks 12c; smalls 12c. Delivered prices. LTV's Merger Proceeds with Steel Firm PITTSBURGH (UPI) A proposed merger of Ling-Temco-Vought Inc.

with Jones Laughlin Steel delayed more than a year by a government anti-trust suit, was permitted to proceed Thursday after a federal judge ruled it was in the public interest. Judge Louis Rosenberg of U.S. district court agreed Wednesday to sign a final judgment in the case after attorneys for LTV, a Dallas-based conglomerate, assured him pension and employe benefit funds would not be jeopardized. Rosenberg, who earlier held a public hearing on the proposed acquisition by LTV, approved an agreement reached March 10 between the firms and the justice department. Under the agreement, LTV must divest itself of Braniff Airways and the Okonite if it wants to acquire the $1 billion steel firm.

LTV indicated it would do so. Wheat Closes Up Nearly 3 Cents CHICAGO (AP) Soybeans, corn and wheat futures, posted sharp advances prices, into new highs for the season Thursday but closed under a frenzied wave of profit-taking. Wheat ended nearly 3 higher, 1.38⅛; corn around higher, July 1.31⅞; oats a small fraction higher, July rye up around 1.08; soybeans 1 lower to 2 higher, July 2.79½. CHICAGO CASH GRAIN CHICAGO (AP) Wheat No. 2 hard yellow 1.40½ vellow No.

1.36½ soft red 1.43½ n. n. Oats No. extra white 70 n. Soybeans No.

1 yellow 2.83¼ n. Soybean oil 11.25 n. PRODUCE CHICAGO PRODUCE CHICAGO (UPI) POTATOES: total shipments 474; arrivals track 37; plies insufficient arrivals to 36; quote, track Track sales plies none. light; demand moderate; 79; market sup: steady. 5.10-5.25; Track 10 sales: ounce California minimum 4.75; long round BUTTER: reds 6.10-6:25; Steady; mixed wholesale packed buying 6.10.

prices unchanged; 93 score AA 92 A 90 EGGS: Fully steady; Wholesale buying bet- prices 12 to 1 higher; 80 per cent or ter grade A whites 34; mediums 26; standards checks 19. NEW YORK PRODUCE NEW YORK (AP) (USDA)-Wholesale egg offerings fully adequate on large; ample on mediums. Demand light. Standards Whites: Fancy large 35; fancy medium fancy smalls Butter offerings ample. Demand slow.

Prices unchanged. Hoffmans Denied Release on Bond CHICAGO (AP) Edward Hoffmans, 32, of Iowa City, granted a mistrial on charges of destroying selective service records, was denied release on bond Wednesday by a U.S. court of appeals judge. Hoffmans, a former University of Northern Iowa English teacher, was ordered held for examination in a Springfield, hospital. He was one of 11 anti-war activists who were tried before Judge Edwin Robson of the U.S.

district court on charges of destroying records at the Southwest Side selective service office here May 25, 1969. Hoffmans was granted a mistrial on grounds that he was mentally incompetent to stand trial. In denying Hoffmans' request for release on bond, Judge Roger Kiley of the U. S. 7th circuit court of appeals affirmed Wednesday Judge Robson's ruling that Hoffmans is dangerous to himself and to society.

Education Minded High School, in 1821. tion in September. Rapids. name, address, zip. Looking for a reason to save? How retirement college vacation emergencies future buying new home Whatever your reason we have a savings plan that will help you reach your goals.

Bohemian UP SAVINGS INSURED AND LOAN ASSOCIATION $20.000 YOUR Savings 320 3RD STREET SE 366-0456 BOSTON (UPI) Historically, Massachusetts has been very education-minded. It was the first of the states to have a college Harvard, founded in Cambridge in 1636; the first to have a public secondary school Boston Latin School, in 1635, and the first to have a general high school Boston English Interpretations of Aid Formula Bill -Are Different DES MOINES (UPI) Much to their dismay, a group of Iowa legislators discovered Wednesday they did not do quite what was intended in changing the state's school aid formula during the 1970 session. The discovery came during a meeting of the special interim tax study committee, set up to review Iowa's entire tax structure and make priority recommendations for change. The study will include changes in one of the biggest areas of state spending aid to local school districts. Different Interpretation Sam Wiley, of the department lof public instruction, appeared before the legislators to explain what the bill passed by the 1970 session will do to school aid calculations.

During the course of his presentation, it became apparent that the public instruction officials are interpreting the bill in a different manner than the lawmakers who drafted it. "This is a great disappointment to me," said Rep. Charles Grassley (R-New Hartford). "The way the department is interpreting the bill is completely foreign." Grassley, who is chairman of the house schools committee, cited three points of disagreement between interpretations. One is a $53 maximum increase in per pupil expenditures to be applied during the comyear's budget hearings.

Grassley said the limit was drawn up as an across-the-board New Lighting May Hamper Broadcasting Special to The Gazette AMES The highway commission is worried that new 50- foot light poles to be erected at the Dubuque street interchange of interstate 80 at Iowa City may interfere with the broadcasting frequency of station KXIC. Officials said the KXIC radio pattern is kidney-shaped. The station tower is located in the northwest quadrant of the I-80 intersection. Because of the possible interference, the commission Wednesday approved having a Washington, D. consulting firm investigate the matter.

Maximum fee for the work which may take some 12 to 20 days to complete is $4,500. The study provides for field intensity measurements on radial lines prior to and upon completion of the highway lighting installation. The lighting project is scheduled for construc- The Cedar Rapids 9C Gazette: June 11, 1970 maximum for all districts, regardless of size or spending levels. But Wiley said the limit would apply to only those school systems which exceed the state average of $717 in per pupil costs. Little Schools Grassley said, the department's interpretation will "place all kinds of limits on the cost, little, school systems, but none of the big schools." addition, Grassley said the department is making a mistake interpreting a section of the school aid formula legislation that provided for extra state help in cases of extreme need or extraordinary circumstances.

Grassley said the legislature intended to let certain school districts get extra help if, for example, a parochial school in the areas closed down or if an "act of God" such as a tornado occurred. The New Hartford lawmaker said no limit on the extra aid was intended. However, Wiley said the department will limit extra state aid to districts which are spending less than about $860 per pupil. The $860 figure is 120 percent of the state per pupil spending average and represents the maximum dollar figure on which a district may receive state aid under the 1970 legislature's actions. A third area of disagreement brought up is the effect of private school students in figuring a public district's state assistance.

Both Grassley and Rep. Elmer Van Herder (R Sioux Center) contend the department's interpretation of the private student section renders the new bill "meaningless." These developments put the school aid supporters in a quandary. Technically, no formal statement of legislative intent could be adopted before January when the 1971 legislature will convene. Grassley, however, said a state department should not make sweeping interpretations on its own without consulting the legislature. Navy Pact to Collins Radio WASHINGTON, D.C.

The department of navy has approved a $7,046,793 contract to Collins Radio Co. of Cedar Rapids, U.S. Sen. Jack Miller (R-Ia.) announced Thursday. The contract involves production of communication, navigation and identification compoThe work will be done in Cedar nents for the navy and air force.

Goodyear in Price Boost the cosolidation gains. the a previous included HoXerox, Com-. and 14: 24 SaSS 32 24 80 34 10 19 20 20 18 35 13 32 12 81 43 26 22 43 19 s55 si 41 68 1 2.81¾ 2.81 2.77¾ 2.72¼ 2.78¾ 2.821 AKRON, Ohio (AP) Goodyear Tire Rubber the world's largest manufacturer of tires and rubber, said Thursday that it will raise the price of its car tires 5 percent. It said the increase, effective Monday, is necessary because of rising costs and a new contract with the United Rubber Workers. Goodyear said the price of truck and farm tires and tubes would be increased 6 percent.

Journalism Enrollment NEW YORK (UPI) Journalism enrollment in the nation's colleges has increased 175 percent since 1959, the Newspaper Fund, Inc. reports. College encolleges has increased 174 perrose 97 percent. New Fashion! by Laura Wheeler Fashion news! She'd love this set in a soft pastel. Quick-crochet put-togethers lacy, long vest and shell-stitch SO fashionable.

Use knitting worsted, No. 8 crochet hook. Pattern 528: sizes 2-12 included. Fifty cents for each pattern add 25 cents for each pattern for air mail and special handling. Send to Laura Wheeler, The Cedar Rapids Gazette, 42 Needlecraft Box 161, Old Chelsea Station, New York, N.

Y. 10011. Print pattern number, 528 2.78⅝ 2.77 2.74¼ 2.69¾ 2.74½/ 2.78¼.