Stock market rallies on Nixon action hopes and easing unemployment
Wall Street reversed a five day decline as traders priced in Nixon administration steps to curb inflation and easing unemployment boosted confidence. The Dow Jones 30 rose to 932.95 at 2 pm while the NYSE index advanced 0.52 to 68.34 and the AMEX up 0.08 to 24.08. Woolworth led declines after a large block traded at 20.00 amid active buying interest.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Stock Exchange
American Stock Exchange
Robert Stovall
Reynolds Securities
Woolworth
Cedar Rapids hog market steady with varied weight pricing
In Cedar Rapids and Des Moines reports, hog prices were steady to down for various weights with premiums and discounts by weight. Butchers 200-230 lb cited at 35.25 to 35.75, with further adjustments for heavier pigs. sows 300 lb down at 32.00 to 32.25. US 1-3 ranges detail 200-230, 230-250, 270-330 lb bands and sow classes, while corn and soybeans prices are listed. Friday’s volume near 50,000 fat hogs.
MENTIONED IN THIS ARTICLE
Iowa
Hogs
Des Moines
UPI
Interior
Minnesota
Chicago and New York Egg and Butter Prices Report
Chicago prices show butter at 93 and 92 scores with 60 percent 4 and 6Hu4n grades, eggs steady with large white 48-51 and mediums 44-45 from delivery to Chicago. New York listings note adequate wholesale egg offerings with fancy large 48-5 and mediums 45-48 and butter at 93 and 92 on creamery and unquoted 62-62 cents.
MENTIONED IN THIS ARTICLE
Chicago
UPI
New York
USDA
Bias Claims Strip Elks of Property Tax Break
Idaho Elks clubs lose property tax exemption after ruling by Idaho Tax Commission Chairman Don Loveland that racial discrimination in membership policies makes exemptions illegal. The order prompts investigations into other fraternal and charitable groups.
Beans Lose Early Gains In Mixed Market Action
Prices moved unevenly with soybeans rising briefly then sliding to the limit down as profit taking hit. Wheat and corn eased, oats declined slightly, and nearby soybeans finished lower after a volatile session led by the May contract.
MENTIONED IN THIS ARTICLE
Chicago
Waterloo Hogs and Butchers Market Report
The Des Moines Midwest carrot meat trade shows steady hogs and butchers with No 2 butchers at 200-230 lbs trading 3575 to 3625 dollars and No 2 sows at 300 lbs around 3200 to 3250. Beef and pork trades show very slow demand with limited steer and cow sales and multiple price ranges for pork cuts across sizes.
MENTIONED IN THIS ARTICLE
Waterloo
DES Moines
USDA
Midwest
Bethes
Toins
Postville Beef Market Prices and Sioux City Omaha Livestock Report
Friday livestock quotes show prime steers 44 to 45 dollars, choice 42 to 44, good 39 to 42, standard 9 to 42, with cows 31 to 36 and bulls around 40. Sioux City hogs uneven but active. sows weaker. Omaha hogs steady to lower. various weight ranges cited. cattle receipts weak with utility and commercial cows around 37 to 33 dollars.
MENTIONED IN THIS ARTICLE
Postville Beef
Postville
Sioux City Livestock
Sioux City
UPI
Webster City livestock market report shows tight cattle supply
Webster City Iowa stockyards quote indicates insufficient cattle to set feed prices. prices listed for hogs and boars range with 450 lb and under 750 lb categories. Estimates expect around 4600 cattle and 100 head of hogs.
MENTIONED IN THIS ARTICLE
Webster City
Iowa
Frozen Pork Bellies and Silver Market Update
Fragments show prices for frozen pork bellies with quotes and daily highs and lows. The silver market in New York reports Handy and Harman Friday quoting 24.45 cents per ounce, down 12 cents, per UPI.
MENTIONED IN THIS ARTICLE
Silver Market
New York
UPI
Handy and Harman
Cedar Rapids Emergency Numbers Clip For Your Billfold
A compact list titled Cedar Rapids Emergency Numbers provides essential city numbers for quick access. The card styled insert suggests keeping vital contact details handy in wallets or billfolds for instant reference.
Copter Used To Steal Pig Near Washburn
Two Black Hawk county sheriff's deputies chased a hog stealing helicopter Thursday night on a farm near Washburn. A farmer reported a helicopter landed and carried off one hog. Deputies used vehicles then planes as two local pilots offered help while a Waterloo airport flight controller watched.
MENTIONED IN THIS ARTICLE
Washburn
Black Hawk County
Watterloo
NYSE Hints at Commission Hike
New York Stock Exchange chairman James J Needham indicated mid range stock purchases will likely see higher commissions in coming months. Transactions under 5000 dollars and those over 300000 dollars are expected to remain at negotiated rates.
MENTIONED IN THIS ARTICLE
NEW York
UPI
James J Needham
New York Stock Exchange
Pace quickens at SALT talks in Geneva meeting
US Ambassador Alexis Johnson and Soviet Deputy Foreign Minister Vladimir Semenov held a two hour, previously undisclosed meeting at the US mission in Geneva. The session signals a faster pace in top secret SALT negotiations aiming to replace the 1972 interim accord limiting offensive strategic arms from both powers. The talks began last November.
MENTIONED IN THIS ARTICLE
Geneva
Soviet Union
U Alexis Johnson
Vladimir Semenov
U.S
Nevada Senate approves death penalty bill for police killings
Nevada lawmakers pass a bill reinstating the death penalty for the slaying of policemen and prison guards and for contract killings and killers under life sentences. The measure moves to the assembly on a 19 to 1 vote.
MENTIONED IN THIS ARTICLE
Okay
Carson City
Nev
UPI
Nevada
Senate
Assembly
Amtrak Discontinues Washington Parkersburg Service
Amtrak said it will end the Washington to Parkersburg rail test service on May 5 after 19 months. The 1351 mile daily run began Sept 9, 1971, as a one year trial to gauge public interest. Riders did not rise despite better schedules and a 10 percent fare cut.
MENTIONED IN THIS ARTICLE
Washington (Ap
Amstrak
Washington
Parkersburg
The
National Railroad Passenger Corp
Amtrak
FDA Calls Tight Controls on Methaqualone
The FDA urged placing the sedative methaqualone in Schedule II of the Controlled Substances Act amid widespread youth misuse. The move would set production quotas and limit refills for Quaalude and related brand names.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
FDA
Bureau of Narcotics and Dangerous Drugs
United States
Luther Student 19 Killed in Three-Vehicle Crash
Allison AP John Mohler 19 Hubbard a Luther college student was killed when his car collided with a car and a pickup on Highway 314 near here Thursday. Passengers David Brezina 19 Boyceville Wis and Margaret Rops 17 rural Allison were hospitalized. Alvin Canon 38 rural Dumont driver of the pickup was not hurt.
MENTIONED IN THIS ARTICLE
Allison
John Mohler
Hubbard
Luther College
Here
Mohler
David Brezina
Boyceville
Wis
Luther
Margaret Rops
Waterloo
Alvin Canon
Dumont
Texas House seeks public apologies for POW critics
A resolution in the Texas House requests critics of American prisoners of war to issue public apologies and seek personal atonement for their remarks, signaling a formal rebuke from state lawmakers.
MENTIONED IN THIS ARTICLE
Austin, Texas
UPI
Texas House
Immunity Granted for Testimony by McCord
James McCord former Nixon security chief was granted immunity to testify about the Watergate break in and burglary. He said he would speak to newsmen next week and appeared before Judge Sirica who ordered him to answer all questions before the grand jury.
MENTIONED IN THIS ARTICLE
James McCord
Nixon
McCord
Senate
John J Sirica
Sirica
G Gordon Liddy
Miami
Howard Hunt
Pioneer on Course for Jupiter Voyage
America's Pioneer 11 spacecraft roared into space from Cape Kennedy on a 620 million mile interplanetary trek to Jupiter. The 570 pound, 48 million dollar probe could later head toward Saturn as it seeks to study outer planets.
MENTIONED IN THIS ARTICLE
Cape Kennedy
America
Jupiter
Saturn
Equity Funding Declares Bankruptcy Over Massive Fraud
UPI reports Equity Funding Corp of America declared bankruptcy after federal judges took control of the parent firm and one subsidiary. Investigations allege the firm created dummy policyholders and sold bogus policies to insurers for millions, with at least two thirds of policies deemed fictitious.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
Equity Funding Corp. of America
Payne’s
Equity Funding Life Insurance Co
Senate OKs bill to correct county tax fund errors
Des Moines Iowa senate approved SF 375 by 42 to 0 to provide a method for correcting errors in 1965 aggregate taxable value calculations. The measure allows recovery of overpayments from counties and redistribution to underpaid counties, heading to the house where a companion bill stalls in Ways and Means.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Senate
Senate
Gene Kennedy
Dubuque
House
Maurice Hennessey
D-Ryan
Ways-Means Committee
Neighbors Die After Heart Attacks in Independence
Charles Dannenbrink 68 suffered a heart attack Friday and died at Peoples Memorial hospital after arrival. Perry Brown 67, who helped carry Dannenbrink to an ambulance, had a heart attack and died on arrival at the same hospital. Dannenbrink owned a music store and was a justice of the peace. Brown worked for Conklin Decorating Services. Services for Dannenbrink and Brown’s arrangements are pending.
MENTIONED IN THIS ARTICLE
Independence
Charles Dannenbrink
Peoples’ Memorial Hospital
Perry Brown
Dannenbrink
Peoples Memorial Hospital
Brown
Conklin
White's
Mason-Hawe's
Hiawatha Moves To Pave Robins Road and More
The Hiawatha council directed the engineer to draft plans for paving Robins road Oak street and part of Daws road at the Robins road intersection. Estimated cost on Robins road within city limits is about 62 666 with Oak and Daws still awaiting estimates. Fire protection for southern Monroe township may shift to Hiawatha if residents form a fire district. City officials noted long-standing protection and housing growth as reasons. Also approved Brown and Dyer Construction Co for a warehouse permit at 1405 Robins road and a beer permit for the fire department dance May 12.
MENTIONED IN THIS ARTICLE
Hiawatha
Robins Road
Oak Street
Daws- Road
Thawatha City
Daws Road
Joan Biederman
Monroe Township
Leo Terryl
Guthridge
Midway
Brown and Dyer Construction' S Co
Fire Department
ISPIRG seeks public hearing on IE facility safety
The Iowa Public Interest Research Group at the University of Iowa filed a complaint with the Iowa commerce commission demanding a hearing on the Duane Arnold Energy Center. ISPIRG cites AEC reports to question emergency core cooling and damaged fuel rod concerns and notes nuclear exclusions in property policies. The commission may decide whether to call a hearing after responses from involved utilities.
MENTIONED IN THIS ARTICLE
Iowa Student Public Interest Research Group
Ispirg
University of Iowa
Iowa Commerce Commission
Duane Arnold Energy Center
Iowa Code
Duane Arnold
Cedar Rapids
The
Atomic Energy Commission
Ray Vawter
Utilities Division
Commission
Iis
Iowa Electric
AEC
Agencies Land Bill Defeated in Iowa Senate
DES MOINES AP The Iowa senate voted 22 24 to defeat a bill permitting transfer of land between state agencies and political subdivisions. It had earlier passed the house with little opposition. Sen Bert Priebe D Algona urged the defeat fearing unnecessary land purchases by state agencies. He noted current approval by the legislature gives control over state projects.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Senate
House
Bert Priebe
D-Algona
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