Stocks Rally From Slump With Bond Market Boost
New York stocks snapped a six session decline with a modest rally as long term rates steadied. The Dow rose about 5 points at mid afternoon while the NYSE composite and broad market gauges showed gains amid bargain buying after Monday’s drop. Pasco gained 2.44 to 24 on Standard Oil of Indiana’s 220 million cash bid for its Wyoming oil properties.
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NEW York
Dan Jones
New York Stock Exchange
Pasco
Standard Oil
Indiana
Wyoming
Indiana Standard
NYSE
Hearing Stated On Filling in Ralston Area
KOWA CITY Iowa natural resources council voted unanimously Monday to schedule a public hearing as first step toward possible court action against Wayne Gieselman owner of an Iowa City mobile home court. Fred Camp filled 20 to 25 feet of Ralston creek’s flowway with an 18 foot rise without needed resources permission. City records show Camp was granted a 1988 waiver to construct an office in flood plain. engineers say the fill extended without city or state permits. ON THIS DATE In 1439 King Roy of Albania fled as Malian troupe invaded his frontier.
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Kowa City
Iowa Natural Resources Council
Iowa City
Wayne Gieselman
Staff Onwanker
Fred Camp
Ralston Creek
Gieselman
Camp
Cedar Rapids area hog and grain market report
Iowa and Minnesota markets show mixed hog prices with 200-230 lb butchers at 38.50 to 39.00, sows down from 34.50 to 35.00, and 230-270 lb ranges around 36.50 to 38.50 while 270-450 lb weights vary. Des Moines and Webster City notes report receipts around 55,000 week to date with steady to lower bids on lighter hogs, cattle steady to higher, grain prices and wholesale egg adjustments listed alongside market activity.
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Cedar Rapids
Iowa
USDA
Choline Moors
Webster City
Moody
U.S
Omaha
Tighne
Mtnliy
Bion
Ann Erie
Eviter
Colves
Joliet Livestock Cavite
Mills Plans To Stay In Clinic For Therapy
Washington AP report states Representative Wilbur Millar of Arkansas will remain in a Florida clinic for four more weeks to undergo therapy for alcoholism, as confirmed by his personal secretary.
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Mills
Washington
Wilbur Millar
D-Ark
Florida
Grain futures swing amid profit taking in late trading
CHICAGO AP profits trimmed late as farm market futures retreated after earlier gains. Soybeans rose 64% cents with a 10 cent intraday add, oats gained 20 cents, wheat and corn posted mixed closes, and May prices for soybeans and oats showed notable gains while wheat and corn were mixed.
MENTIONED IN THIS ARTICLE
Chicago
Banks of Iowa Shows 7.6 Percent Income Rise
F Forbes Olberg chairman and president of Banks of Town reported income before securities gains for the quarter ended March 31 at 1 287 231 up 7.6 percent from the previous year. He said net income was 1 308 935 and earnings per share 79 cents. Total assets rose to 580.3 million, up from 813.4 million the year before.
MENTIONED IN THIS ARTICLE
F. Forbes Olberg
Banks of Town
Olberg
Ne i
Wells Charges Train Hour Bill Aimed at Cedar Rapids
State Rep. James Wells says HF 623 to require state approval of train movement hours targets Cedar Rapids. He notes the bill slipped through committee and could suit railroads, while officials insist it aims to regulate train movement statewide and prevent local ordinances from causing delays.
MENTIONED IN THIS ARTICLE
Des Moines
James Wells
Cedar Rapids
Wells
House Transportation Committee
Four Youths Face Vehicle Theft Charges
Four youths, three Covington juveniles and one from Cedar Rapids, are held by Poweshiek county officials as runaways. They face charges tied to a car theft in Jesper county and the theft of a pickup tank owned by Howard Hanson of Covington. Three are 15 and one is 14. all were released to their parents.
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Covington
Cedar Rapids
Poweshiek County
Jesper
Linn County
Stab Wound Hospitalizes C R Man After Attack
James Edward Krejel 24 of 2612 A avenue NE was hospitalized at Mercy with a stab wound above the left knee after being attacked by a man who demanded $800. Krejel said the assault followed a traffic exchange in the 300 block of Third avenue SW while a group of about 20 people dispersed as police responded. no arrests were reported.
MENTIONED IN THIS ARTICLE
James Edward Krejel
Mercy Hospital
Niesday
Bo Lhe
Krejel
Third Avenue
Krejci
Kre
Follee
Clearing House March Debits Reported With Mixed Totals
The Clearing House reported commercial debits for March at 665 169,678 compared with February at 507 394,735. Totals to date reached 1,677,880,888 and LY74 at 1,640, B7A,008. March 1974 debits totaled 959,2414,709.
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Clearing House
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