Financial Market Decline Deepens After Midsession Rally
New York stocks slipped again as trading remained light. The Dow Jones industrial average fell 4.0 to 973.08 with more losers than gainers on the NYSE. G D Searle led declines amid regulatory scrutiny, dragging its price down 5/8 to 144 1/2. The NYSE composite and American Stock Exchange indices also declined.
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NEW York
New York Stock Exchange
Dow
G.D. Searle
Searle
NYSE
American Stock Exchange
Markets Rally As Stocks Flip On Economic Signals
A jumble of numbers and company names shows stock market activity with swings in prices and indices. Investors react to mixed data from corporate results and economic indicators, amid blue chip names like Textron and Kroger showing notable moves.
Kissinger Skips Nigeria Tour Stop In Africa
Secretary of State Henry Kissinger will not visit Nigeria on his African itinerary due to safety concerns and anti American sentiment following an abortive coup and the Angolan civil war. He will proceed to Kenya Tanzania Zambia Zaire Ivory Coast Senegal Liberia, ending at a UN trade conference in Nairobi May 5.
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Henry Kissinger
Nigeria
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Liberia
Nairobi
Cedar Rapids Hog Market Mixed Prices and Futures
Friday Cedar Rapids market showed higher hog prices with butchers 200-230 lbs at 46.50 to 47.25 dollars and 300 lb sows at 40.75 to 41.25 dollars. Weighed 230-240 lb hogs down 25 cents, 240-250 lb down 50 cents, over 250 lb down a dollar per ten pounds. Cattle and sheep quotes follow. futures across Omaha Des Moines Sioux City reflect higher hog and cattle activity.
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Esamorin
Stock Exchange
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Extea
Des Moines
Corn and Soybeans Dip on Chicago Board of Trade
Soybeans and corn declined slightly on the Chicago Board of Trade amid narrow moves in wheat and oats. May futures showed soybeans down 1 to 2 cents, corn off up to 2 cents, with wheat and oats mixed and cash grain quotes listed for Chicago and Des Moines livestock trading noted alongside.
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Chicago Board of Trade
Chicago Cash Grain
Sunrise Optimists Elect Officers and Park Outing Saturday
Cedar Rapids briefs note the Sunrise Optimists plan to elect officers and hold a spring outing Saturday at Pinicon Ridge Park near Central City from 3 to 10 p.m. Also listed are local ads for flowers, holiday treats, events, and community notices.
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Pinicon Ridge Park
Central City
Pierson’s Florists
Avenue Floral
What is a Triforium Six Stories of Light Sound
The Triforium a six story tall sculpture in Los Angeles Civic Center mall cost 925000 features three arches wrapped in colored lights with electronic bells and a light controlled by a computer It hosts live music and plans a Ives George Washington Birthday recording while some officials question its value and taste.
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Triforium
Chicago
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Young
Civic Center Mall
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Searle Drug Creates VP for Testing Under Fire
G D Searle Co faces FDA pressure over testing procedures. Dr George Lamb named vice president in charge of ensuring future pathological and toxicological programs are properly executed from Skokie Illinois. The company disputes FDA findings and warns political comment could affect grand jury reviews.
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Senate Health
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Ill
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Justice Department
Maquoketa Valley Board Awards Library Equipment and Repairs
The Maquoketa Valley school board awarded contracts for library equipment at the Hopkinton center. Sandres Co. of Des Moines won 7700 for shelves tables chairs and related items. Bennett Co. of Oneida bid 2675 for old building demolition at Earlville. Home Appliances of Dyersville bid 3715 for Delhi High School roof drains. The board did not raise admission prices for athletic events.
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Maquoketa Valley
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