Stocks Drift Lower Amid Inflation Watch on Wall Street
The Dow Jones industrial average stood at 953.04 at 2 p.m. after a 3.69 drop as declines led advances 2 to 1 on the New York Stock Exchange. Traders awaited Nixon administration action on inflationary policy while activity was muted and prices edged down. Colonial Penn Group fell 38 points to 425 as a press report linking it to Equity Funding proved false.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Colonial Penn Group
Guardian
Ina
Orang UN Lowe T & Up
Alleen City
Wt Inc
Divers India
Dow Jones
Jw.od
Cedar Rapids hog and Iowa market price roundup
Cedar Rapids hog prices fell 25 to 50 cents on Tuesday with lower bids for butchers and lighter losses for sows. Iowa Minnesota interior markets showed 25 to 50 cent declines for butchers, with sow prices steady to weak, and U.S. 1-3 weight ranges listed for 200 to 550 pound animals. Tuesday's volume estimated at 85,000 head.
New York Egg and Butter Prices Under Light Demand
Wholesale egg offerings are light with only fair demand. Whites command fancy large 51-54 cents, fancy medium 47-50, fancy smalls 35-37. Butter offerings are fully adequate with highly irregular demand. Creamery 93 score unquoted, 92 score 62 cents.
MENTIONED IN THIS ARTICLE
New York
USDA
Chicago wholesale egg prices steady to retailers
UPI reports USDA delivered prices to Chicago held steady for eggs by grade and size. Jumbo mostly 56 cents per dozen, extra large white 52 1 2 to 53, large white 51 to 52, mediums 46 to 47, standards 42. Retail delivery prices for Grade A in carload lots range extra large 54 to 57, large 53 to 55, mediums 49 to 51 cents per dozen.
MENTIONED IN THIS ARTICLE
Chicago
UPI
USDA
Postville Market Prices For Beef And Pork Trade
Prices quoted for prime, choice and good cattle range from 39.00 to 45.00 per cwt with cows and bulls also listed. Iowa and river market areas show slow beef trade with steady steer and heifer prices while pork cut trade is slow but loins and picnics show limited activity and minor price shifts.
MENTIONED IN THIS ARTICLE
DES Moines
USDA
Commodities Open Strong Then Close Weak on Tuesday
Prices in major commodity pits moved higher at the open on Tuesday aided by reports of delayed fieldwork in key states. By close, soybeans fell about 6 cents with May at 6.39, wheat down over 2 with May at 2.388, corn near 1 lower at 1.592, and oats showing mixed gains for May.
MENTIONED IN THIS ARTICLE
Chicago
Grain prices in Chicago cash market
Chicago cash grain quotes show wheat No 2 soft red at 2.47 per bushel and No 2 hard red at 2.34. Corn No 2 yellow stands at 1.65, oats No 2 extra heavy white at 0.99, and soybeans No 1 yellow at 6.72.
MENTIONED IN THIS ARTICLE
Chicago
Market Report Shows Lower Butchers and Steady Sows
Butchers were 25c lower and sows were steady. Packing plant delivery No 2 butchers weighing 200-230 lbs priced at 34.75 to 35.25 dollars. No 2 sows weighing 300 lbs quoted from 31.00 to 31.50 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Silver dips to 211.5 cents per ounce in New York
UPI report from New York notes Handy and Harman quote silver at 211.5 cents per fine ounce, down 4.4 cents, reflecting market movement on Tuesday.
MENTIONED IN THIS ARTICLE
Silver Market
New York
UPI
Handy and Harman
Sioux City Livestock Prices Report Sluggish Hog and Cattle Trade
Hogs 9,000 head with 30 to 75 cent declines. U S 1 3 190 250 lb hogs 25 50 to 36 00. U S 2 3 400 550 lb hogs 37 56 to 22 50. Cattle 3,500 head with slaughter steers and heifers firmer to 50 cents higher. Choice slaughter steers 44 00 to 45 50. heifers 42 50 to 44 00, with 45 00 for prime within weights.
MENTIONED IN THIS ARTICLE
Sioux City Livestock
Sioux City
UPI
U.S
Central Iowa Stockyards cattle and hogs market report
Webster City Iowa stockyards quotable figures show cattle at 400 with steady to 25 lower, steers 43.00 to 44.50 tops 45.00, heifers 42.50 to 43.65 tops 44.00, cows 24.00 to 33.00, bulls 34.00 to 41.00. Hog market 1,100 head down 75 to 1.00, butchers 34.50 to 35.50 tops 35.50, sows 25 to 50 lower, bulk 30.50 to 22.50, boars under 750 lbs 29.00 to 30.00, over 750 lbs 27.00 to 30.00. Wednesday estimate 300 cattle, 900 hogs.
MENTIONED IN THIS ARTICLE
Piper
Bonet Hopwood
Amins Fund
Rein
Hanks of Iowa
Healthce Foods
Collins Radio
Conrac
Tors Executive Data Systems
Gen United Group
Guardsman
Harrisenter
Iowa Electric
Iowa
Ill Gas
Keuffer & Esser Lowa
Lite
Mapco
Mayiegua
Accord Corp
Mid America
Miracle
Ozark
United Fire & Casualty
Victor Corp
Vwr-United
O'S Wilson and Co Winnebago
Mana
Roylid
Rey Grumman
Rydrsys
Guitoil
Ghstu
Guifon
Halburt
Sandis Asso
Harris
Sherw
Agianal
Iee
Singer
da Howmet
Smith KF
Sony Corp
Scareg
Socale
Idahop
idealBas
SouthCo
Sperry R
Addisso
Intel
Air Pro
Airco
StaufCh
AicanAl
Zita Zits
Itek Corp i
SwiftCo
AjlisChi
Jewel C
Tr JhnMan
JonLau
Airlin
Joy Ul Josiens
Fia
Tektrax
Texaco
Katy Ind
Kayser R
Kellogg
Am Motors
Kellogg Wi
Va Kennett
Textron
ASMNR
Kerrmg
Thiokol
AmStand
Thriftyo
At&t
la TimeMir
Amt&t
Koppis
Kraftco
Kresges
Ampex Corp
LearSieg
Levi
Lockhd Airc
Avnetinc
Uniroyal
Avon
Ener Ind
Unit Air
Va BellHow
Yi Lykes Yngst
Univ Oil
Bendix
Univ Cmpta
Pomc
Bengu
India
Macy
Varian
Boeing
Magnox
VendoCo
Boise Cas
Marato
Vaepw
Ve Borden
Marcor
Wachova
BrgWar
MarMid
Maytag
WestgeEl
Bulova W
MeadCp
Weyerhs
BunkRae
MelvSho
WhelFr
BurlNor
Merck
Ma Whittaker
Winnebago
Mobile
Wolwth
Monsan
XeroxCp
Va CarrirCp
ZaleCorp
CartWa
aiZenith R
Va Castlec
MorNor
Associated Press
CaterTr
Motorla
Nabisco
Cessna
Chris Craft
Chrysler
Nt Steel
Clark
Nat Tea
CocaCol Pal
NevPw
Va Collins Rad
Ben — Newmt
ColGas
NL Ind
Northrop
Oklage
Oklang
Cowles
Omarki
Ion
OtisElev
TutMar
Varown Cork
Varown Cork nN 47 272 27 27\6 V4 'OwenCn 87 ce 47'2 45% 47 +14 | CrwZell
CurtissWrt
DanRiv
Pacgie
Dayco
Pacpl
del Nt
Va PanAm Air Panep
DeltaAir
Beat Inc
Dennys
Pasco Y Penn Cent
DetEdis
OrPeper
Pfizer
Phelp
AG Va
DowCh
PhilaEl
PhilMor
PhillPet
duPont
Pitney
viDynm Am
Perige
Va East Air Ln
Psocol
Eaton
PSVEG
Echlin
Eg&g
Puospl
Eipasong
Pullman
EltraCo
Questor
Essexint
Va Fthyl Cp
Ralston P
Rohr
FMC Cp
Chicago
FdFair
Vanison Brothers ForMcKk
Frokin M
GAC Corp
Gam Sk
Corn Gannett
en_ Dynarm tees
Pray
GenEl
Jan Gpuybut
Geneseo
Gerber
Global Mar Gillette
Goodrich
Goodyr
ArPac
Giwfin
Gren_ Unit
GrenGlant
Livestock Futures Chicago
Mercantile Exchange
Pri
Lamson Bros
Webster City
Central
Omaha
USDA
Omaha Hogs and Cattle Prices Mixed in Tuesday Market
Hog trade under pressure with barrows and gilts down 50c to 1.00 and some 100-1.50 declines on heavier weights. Weights from 190 to 340 pounds show varied price ranges, while sows fell 50c to 1.00. Cattle and calves largely steady to higher with several high‑weight loads and prime lots pushing value, feeders and utilities mixed across the catalog.
Cedar Rapids Teens Charged in Robbery Case
Two Cedar Rapids youths aged 14 and 15 were charged with robbery after allegedly taking about $1.75 from a newspaper carrier near Havenne and Daniels streets NE at about 4 p.m. Monday. They were processed by the youth bureau and referred to a probation officer.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Havenne
Daniels Street
Youth Bureau
Three Arrested After High Speed Chase In Cedar Rapids Area
Robert Coffman 18 of 1610 Grande Avenue SE and two teens, a 15-year-old from Cedar Rapids and a 17-year-old from Hiawatha, were arrested after a pursuit on a gravel road near Highway 13 and Mount Vernon Road. They face breaking and entering charges for Nixon School in Hiawatha. Coffman has five traffic counts. the trio were jailed after the chase ended when Coffman’s engine blew on Highway 138. Investigators found a pistol and a cash box with checks made out to Nixon School PTCS. The school had been entered with four doors pried and a broken window. The youths await juvenile court proceedings.
MENTIONED IN THIS ARTICLE
Robert Coffman
Grande Avenue SE
Cedar Rapids
Hiawatha
Linn
Nixon School
Coffman
Highway 13
Mt. Vernon Road
Highway 138
Highway 151
PTCS
City Seeks Federal Funds for Six Tennis Courts
Cedar Rapids city council to pass a resolution seeking federal funding for six new hard surface tennis courts replacing Ellis and Bever parks facilities. Two courts will be built at Jones park. Project cost about 48000 dollars with a 50 percent funding request to the Bureau of Recreation, submitted to the Iowa Conservation Commission.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Ellis and
Bever Parks
Jones Park
The
Bureau of Recreation
Iowa Conservation Commission
Council Grants Beer Permit at Union Hall
The city council held a special meeting at IBEW hall 1211 Wiley Boulevard SW to approve an alcohol permit for IBEW Local 405. Union officials planned to push the permit to Des Moines for state approval in time for a Tuesday night party at the building. Mayor Donald Canney called the meeting routine.
MENTIONED IN THIS ARTICLE
IBEW
Wiley Boulevard
Des Moines
Donald Canney
Doerflinger Charged With Assault and Battery
Dennis Doerflinger, 19, was arrested Monday on assault and battery charges. He faces a municipal court warrant alleging he assaulted Judith Pack last Wednesday. He was released on a $110 bond.
MENTIONED IN THIS ARTICLE
Dennis Doerflinger
Doerflinger
Judith Pack
Black aviators honored in Wright Patterson exhibit
The Air Force Museum at Wright Patterson AFB has opened an exhibit highlighting the achievements of Black aviators, showcasing their roles and contributions to aviation history.
MENTIONED IN THIS ARTICLE
Dayton, Ohio
Air Force Museum
Wright
Patterson Air Force Base
Fall Debut for Ford Mustang II
Ford will launch the Mustang II this fall with a Mercedes like finish and quality in the 3000 price range. Lee Iacocca said it will cost 500 to 1000 less than imported rivals selling 3500 to 4000 and offer a 2.3 liter engine from Lima Ohio or a German V six. The car keeps the original long hood short deck design and aims to reach up to 400000 sales, near the 418812 first year record.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Ford
Lee Iacocca
Lima
Ohio
Germany
Iacocca
Raytheon reports first quarter 1973 sales and earnings
Raytheon Co reports Q1 1973 earnings of 69 cents a share on 15.56 million shares and sales of 368.15 million. Net income, up from 1972, with Amana and Calorie appliance sales rising over 20 percent. Backlog hits a record 1.3 billion, including 579 million funded by the U.S. government.
MENTIONED IN THIS ARTICLE
Raytheon Co
Amana Refrigeration
Iowa Manufacturing
Iowa Steel and Iron Works
Raytheon
Amana
U. S
American Buys Two Additional Funeral Homes
American Funeral Homes Inc. agrees to acquire Dahlstrom funeral home in Des Moines and Beyer funeral home in St. Peter Minnesota. The purchases total 373000 with expected gross revenue of about 230000, expanding its Iowa Minnesota Wisconsin network to 11 homes.
MENTIONED IN THIS ARTICLE
American Funeral Homes, Inc
Dahlstrom Funeral Home
Des Moines
Beyer Funeral Home
St. Peter
Minn
A. T. Lanning
Iowa Corporation
Cedar Rapids
Dahlstrom
American
Iowa
Minnesota
Wisconsin
Moen Installed as Commander of Cedar Rapids Power Squadron
Burton W. Moen was sworn in as commander at the annual Change of Watch banquet. The Cedar Rapids unit, a division of U S Power Squadrons, focuses on boating safety and listed officers include Stuart Bruzek executive officer Ronald Koehn administrative officer Arnold Bucksbaum secretary Richard Brondel treasurer and Louis Shimanek educational officer.
MENTIONED IN THIS ARTICLE
Burton W. Moen
Nineteenth Street
Cedar Rapids
U. S. Power Squadrons
Stuart Bruzek
Ronald Koehn
Arnold Bucksbaum
Richard Brondel
Louis Shimanek
April 30 Deadline for Boat Registrations Reminder
Linn Recorder Kane reminds boat owners that April 30 is the final day to renew registrations without penalty. About 2,000 boats remain unregistered. Send or bring the $4.50 fee, a completed application, and the current registration receipt. Applications accepted 8 to 5 weekdays at the courthouse. phone 398-3441 for details.
MENTIONED IN THIS ARTICLE
Linn Recorder E. 1
Kane
Recorder's
China and Western Union Plan Direct Telegraph Link
The People's Republic of China and Western Union International, Inc. have agreed to establish a telegraph link between Peking and New York as soon as possible. R. P. Romanelli, president of Western Union, said the agreement is the first of its kind.
MENTIONED IN THIS ARTICLE
New York
People’s Republic of China
Western Union International, Inc
Peking
Western Union
R. P. Romanelli
Marion Woman Faces False Check Charge In Salvation Army Case
Michelle Martinez, 28, of 1079 Twelfth Street, Marion, was arrested Monday for false uttering of a check. She allegedly wrote a check for 22 dollars to the Salvation Army on November 18, 1972, and was released on own recognizance.
MENTIONED IN THIS ARTICLE
Michelle Martinez
Twelfth Street
Marion
Salvation Army
Hertz Accused of Stealing TV Set
Mark Hertz, 20, arrested Monday and charged with larceny for allegedly taking a television set valued under $20 from Linda Durgin on February 14. He was released after posting ten percent of a $500 bond.
MENTIONED IN THIS ARTICLE
Mark Hertz
Hertz
Linda Durgin
Pay Proposals Elevate Iowa Officials Salaries
Senate GOP leader Lamborn says proposed salaries from Hays Associates are "a little high" but welcome as guidelines. The report recommends raises for 34 of 38 top Iowa appointments, with no change for commerce and employment security chiefs. It suggests cuts for the health commissioner, Iowa Development, liquor, and Board of Regents executives, and a large rise for the public safety commissioner.
MENTIONED IN THIS ARTICLE
Des Moines
Towa
Senate
Clifton Lamborn
Iown Development Commission
State Liquor Commission
Board of Regents
Public Safety
Cedar River predicts crest near flood level Friday
The Cedar River is expected to crest at 12.5 feet in Cedar Rapids on Friday, a half foot below flood stage, while Waterloo faces a 16.5 foot crest Wednesday. The Iowa River crested at Marshalltown Tuesday and remains above flood stage, with Tama seeing flooding near Indian Pow Wow grounds and evacuations of nearby families.
MENTIONED IN THIS ARTICLE
Cedar River
Cedar Rapids
National Weather Service
Cedar
Waterloo
Iowa River
Marshalltown
Iowa
Marengo
Iowa County
Sigourney Wednesday
Weather Service
Charles City
Two Young Men Held in Linn County Cases
Roger L. Pierce, age 23, of 1444 Third Avenue SE, faces a charge of false uttering of a check for 37 dollars written to Pants Pants Pants on December 22, 1972. Steven Partridge, also 23, is jailed on interference with devices for allegedly removing a street sign in the 1000 block of Sixteenth Street NE. Bond set at 110 dollars.
MENTIONED IN THIS ARTICLE
Roger L. Pierce
Partridge
Third Avenue
Linn County
First Avenue NE
Steven Partridge
Sixteenth Street
Also Mentioned on This Page
Offtowa
C.R. Markets
Hogs
Postville Beef
Postville
Chicago Cash Grain
Waterloo Hogs
Omaha Livestock
Chase
Union Hall
Black
Mr. Serviceman
Cedivv Rapids Gazette
Dial
Moen
Power Squadron
China
Lamborn
By Frank Nye
Iowa Commerce
Cedar Crest
C.R
America Wey
David J. Richards
American Building
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