Cumulative Preferreds and Niagara Mohawk At 10 Percent Yield
The piece explains cumulative preferreds accrue omitted dividends as a claim, unlike non cumulative ones. It notes Niagara Mohawk 11.75% cumulative preferred trading around 11744 yielding 10 percent, with a call option to 111.75 and sinking fund provisions, plus risks tied to interest rates. It also covers related investor questions on bonds, life insurance, and stock trading basics.
MENTIONED IN THIS ARTICLE
Standard & Poor
Seven charged with drunk driving after late night incidents
Seven individuals face drunk driving charges following separate incidents. William Deal, 20, was arrested after a single vehicle crash on Coe road near A avenue NE at 10:55 p.m. A passenger, Michael Deal, 23, was treated at Mercy hospital in good condition. Other arrestees include Anthony Baranowski, Patsy Pooler, Edward Henson, Robert Leiden, Zapeda Gonzalo, and Lois Schmitt, with locations spanning Cedar Rapids and nearby routes.
MENTIONED IN THIS ARTICLE
William S. Deal
Bever Avenue SE
Coe Road
Michael J. Deal
Thirty-fourth Street
Mercy Hospital
Dyal
Anthony P. Baranowski
Thirty-ninth Street
B Avenue
Twenty-ninth Street
Patsy J. Pooler
Fifth Avenue
Fifth Street
Edward P. Henson
A Avenue
Third Avenue
Fifteenth Street
Robert L. Leiden
Twentieth Street
D Avenne
Seventeenth Street
Zapeda C. Gonzalo
St. Paul
Minn
Cedar Rapids
Lois L. Schmitt
Swisher
Warm Weekend Forecast With Rain On Sunday
Iowa weather log describes a sunny Saturday then rain Sunday as high pressure keeps fair conditions. Temperatures reach into the mid 80s in the southwest and upper 60s to near 70 in the northeast with a warm start to Easter weekend.
MENTIONED IN THIS ARTICLE
Midwest
Iowa
Mason City
Council Bluffs
Marshalltown
Waterloo
Markets Closed for Good Friday Holiday
The New York and American stock exchanges along with most markets nationwide are shut today for Good Friday, halting trading and financial activity across major centers.
MENTIONED IN THIS ARTICLE
New York
Livestock prices and grain market notes from Des Moines Joliet Chicago
Iowa hogs see steady demand with prices at 34 36 for 230-250 lb cattle and 29-32 for heavier hogs. Joliet reports mixed cattle with hogs higher. Chicago Butter steady at 93 score 100.00 while egg prices ease and potato markets show varied rates across states.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Joliet
Cottie
Chicago
USDA
U.S. West North Central States
Federal State Market News Service
Springville Man Sues for 55000 Over 1975 Crash Near Cedar Rapids
Kenneth Gerling of Springville files a 55000 federal suit in Cedar Rapids district court against Philip and Janet Thatcher of Flemington New Jersey. He says their vehicle rear ended his at the Highway 218 84 intersection near Cedar Rapids on May 31 1975 causing back neck arm and leg injuries.
MENTIONED IN THIS ARTICLE
Springville
Cedar Rapids
New Jersey
Kenneth Gerling
Philip
Janet Thatcher
Flemington
N.J
Gerling
Thatchers
Spanish Wreck Kills Seven on Holy Week Bus Trip
Seven band members were killed and 25 injured when their bus veered off a road near Azaran Spain during a Holy Week procession. Police said the vehicle plunged down a 25 foot embankment at dawn Friday.
MENTIONED IN THIS ARTICLE
Azaran
Spain
Carter Veto On Farm Bill Sparks Budget Clash
Washington UPI reports farm bloc lawmakers spar with Carter aides over how far Congress can inflate farm and food stamp costs without provoking a veto. Agriculture Secretary Bergland warns net costs beyond administration plans risk serious trouble. subcommittees push 1978 wheat and corn targets higher, potentially triggering veto.
MENTIONED IN THIS ARTICLE
Washington
UPI
Congress
Agriculture
Bob Bergland
House Agriculture Committee
Capitol Hill
Carter
Bergland
Senate Agriculture Committee
James Allen
D-Ala
Farm Bloc
House
Allen
Agriculture Secretary
Larceny Charge Against Derrell E Dempster
Marion police charged Derrell E Dempster 31 with larceny in the nighttime. He was arrested at the St Josephs church building site Brockman avenue and Fourteenth street while loading building materials into his truck. Bond set at 5000 dollars.
MENTIONED IN THIS ARTICLE
Derrell E. Dempster
Brockman Avenue
Marion
St. Joseph's Church
Fourteenth Street
Dempster
Stolen Items Reported From Multiple City Homes
Several thefts reported across city areas Thursday and Friday. Items stolen include kitchen cabinets worth 900 dollars from a Kent Drive NE house under construction and a television set sound equipment two guns and other items worth 1100 dollars from James Hofland’s residence on Sylvia Drive NE. A gas pump and gasoline worth 240 dollars were taken from Darwin Kohl’s rural Marion property. Information lines advertise local services and a fire detector promotion.
MENTIONED IN THIS ARTICLE
Kent Drive
James A. Hofland
Sylvia Drive
Darwin C. Kohl
Marion
Springville
Sheriff Implements New Filing System in Linn County
Linn County sheriff Orlie Workman announced a new filing system for criminal files purchased with revenue sharing funds for a little over 10 000 dollars. The cabinets were unloaded Friday morning as the old system was dismantled and redistributed to other courthouse offices. The color coded files will save space and work hours and are easier to lock and unlock.
MENTIONED IN THIS ARTICLE
Linn County
Workman
Marion City Manager gets $2000 pay hike to 23000
Marion Iowa council boosts city manager Lawrence A. Asaro salary from 21000 to 23000.04 retroactive to March 1 with monthly basis noted as 1916.67, while his current monthly pay is 1750. No objections at related rezon ing hearing.
MENTIONED IN THIS ARTICLE
Marion
Lawrence A. Asaro
Donald C. Hoskins
Asaro
Thomas E. McGowan
Twenty-ninth Avenue
Indian Creek Road
Marion Council approves 30 mph on South Eleventh Street
Marion officials vote 5-1 to raise the speed limit on South Eleventh Street from 25 to 30 mph and to narrow the left turn lane with bicycle lanes on both sides. Mayor Grundy opposed the raise and the bike lanes, citing safety concerns. West Eighth Avenue also rises to 30 mph. A separate YMCA activities schedule and a shed fire on Tenth Street are noted.
MENTIONED IN THIS ARTICLE
Marion
William J. Grundy
South Eleventh Street
Grundy
West Eighth Avenue
South Eleventh
Arthur Granger
Tenth Street
Linn- Mar School
Appointments to Marion Boards by Mayor Grundy
Mayor William J. Grundy announced numerous appointments and reappointments at the Marion council meeting. Milford J. Comley received a five year term on the board of adjustment and review. Neil K. Garnatz was reappointed to the same board for five years. Earl Bohlken was reappointed to the electrical board for three years. Charles Ensley joined the mechanical board of examiners and appeals for two years. Gerald R. Ackley and Don G. Kensinger were reappointed to the board of examiners and appeals for two years.
MENTIONED IN THIS ARTICLE
William J. Grundy
Marion
Milford J. Comley
West Eighth Avenue
Neil K. Garnatz
Seventeenth Avenue
Earl Bohlken
Tenth Street
Charles Ensley
East Post Road
Mechanical Board of Examiners and Appeals
Gerald R. Ackley
Twenty Eighth Street
Don G. Kensinger
Seventeenth Street
Board of Examiners and Appeals
Traffic Change Plan Presented in downtown Marion
The city council voted to study two traffic regulation recommendations from the Seventh avenue study committee. They approved examining signal timing on Seventh avenue from Tenth to Thirteenth streets and the feasibility of a northbound left turn lane at Tenth Street.
MENTIONED IN THIS ARTICLE
Glenbrook Cove
Executive Marketing Co
Hoskins
Cedar Rapids
Fortieth Street
Marion’s
Seventh Avenue
Pony Express
Crippled Children Group
B.A. Westbrook, Inc
Marion Community Center
Iowa Electric Light and Power
Mildred Stickney
Civil Service
Marion Division Chamber of Commerce
City Council
Marion
Tenth
Thirteenth Streets
City Engineering
Tenth Street
Also Mentioned on This Page
Sam Shulsky
Houdaille Industries
N.Y
Mr. Shulsky
Associated Press
Mississippi River
Marquette
McGregor
Hogs
Joliet Livestock
Idaho
Dad
Pikes Peak
Acacia Park
Colorado Springs
Doug Jellison
Wilson Avenue
1St Ave
Iona
Indian Creek Nature Center
Guardian
Adv
Larry Tanner Marion Bureau
William Hennessey and Son
Terry Chew
Ninth Avenue
Eleventh
Twelfth Streets
Byers and Happel
Caraway
Willow Wood
Ensley
S. Eleventh
YMCA
Marion Branch
Marion Hardware
The
Allen Motor Company
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