Broad Truck Rally as Teamsters and Shippers Reach Pact
Negotiators for trucking firms and the Teamsters union drivers reached an agreement Saturday night that now goes to a mail ratification vote with trucks back on the road by Monday. Auto shares climbed with General Motors up 1 4 to 7 1/8, Ford rising 0 34 at 8, Chrysler 5/8 higher at 19 5/8, and American Motors up 1/8 to 6. The NYSE composite rose to 55.09, and the American Stock Exchange index gained .79 to 104.88.
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Teamsters
General Motors
Ford Motor
Chrysler
American Motors
NYSE
American Stock Exchange
Stock market gains after trucking strike settlement
New York stocks rise as traders react to the settlement of the national trucking strike. Dow Jones 30 industrials up 9.60 to 1001.18 at 2 PM, with or losses outnumbered by about 3 to 1 on the NYSE. Analysts say the resolution should keep activity steady across industries relying on trucking.
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Cedar Rapids hog market and grain report
Cedar Rapids Monday hog market rose with bulk 200-230 lb butchers at 45.00 to 45.50 dollars, sows 40.00 to 40.50, lighter weights and offs noted. grain headlines include No 1 yellow corn 2.39 and No 1 yellow soybeans 4.46, with other prices and market notes across Des Moines and Waterloo reports.
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Chicago Cash Grain
Chicago
USDA
Washington
Wisconsin
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Comrade Red McChrase
York Proguge
Cedar Rapids
Primi Shotn
Waterloo
Des Moines
UPI
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Sinu
Slouahter
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Sheen
Conner Anc
Webster City
Iowa
Cathe
Staughter
U.S
Bean and Corn Prices Rise on Chicago Board of Trade
Wheat led a broad market rally as futures across corn oats and soybeans rose amid buying from commissions, Commercial, and speculative traders. Government currency instability in Europe and rain in the Southwest dampened early sentiment before a surge tied to a 200,000 ton wheat sale to Egypt.
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Chicago
Chicago Board of Trade
Commission House
Europe
Southwest
Egypt
Mayor Canney Demonstrates Taekwondo Board Breaks
Cedar Rapids mayor Donald Canney, at Prairie High School, chopped a one inch board with his hand during the All-American Taekwan-Do championships. He said he broke a couple of boards one at a time and joked about a sock hole preventing a kick. The ex-marine noted crowds cheered and his children were surprised.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Donald Canney
Prairie High School
Canney
Kirkwood classes enrollment in Cedar Rapids and Marion
Cedar Rapids area classes in Kirkwood community education accept registrations at class sites this week. Call 398-5546 398-3547 or 398-5438 for information. Also notes about trips, promotions, awards, and local ads from Cedar Rapids Fr iday paper.
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Kirkwood
Cedar Rapids
Marion
Woman Misses Trial Warrant Issued for Arrest
A warrant was issued for Linda I. Lew after she failed to appear in Linn district court for trial on a larceny charge. The 23 year old is accused of aiding and abetting the theft of a Cedar Rapids woman’s purse and contents valued at 127 dollars from a Cedar Rapids store on Feb. She is free on an unsecured bond of 2500 dollars to the department of corrections.
MENTIONED IN THIS ARTICLE
Linda I. Lewis
Linn District Court
Cedar Rapids
State Farm Raises Auto Rates in Iowa
State Farm Mutual announced an average 14.1 percent rise in Iowa auto insurance premiums, effective May, marking the first increase since 1970. The hike averages $7.67 per six month policy for 272,000 insured vehicles, with Cedar Rapids policy holders up 12.1 percent and Iowa City residents up 12.3 percent.
MENTIONED IN THIS ARTICLE
Bloomington, Ill
State Farm Mutual
Iowa
State Farm
Cedar Rapids
Iowa City
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