Market Slump Rests Then Dims Amid Economic Fears
A slide in New York stocks persisted as the Dow fell to 926.48, down 4.06, after a brief rise earlier. The market showed a weak tone with 657 stocks declining to 484 advancers on the NYSE amid worries about the economy, Watergate fallout, and Equity Funding. Gulf Oil traded actively at 26 with a large block, while the Amex and other indices moved lower and trading figures remained unofficial with standard tax and dividend footnotes.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Gulf Oil
Postville Beef Prices For Steers Heifers Cows And Bulls
The Postville market reports Thursday quote prime steers 44.00 to 45.00, choice steers 43.00 to 44.00, good and standard steers 39.00 to 42.50 and 39.00 to 42.00 respectively, choice heifers 42.00 to 43.00, good heifers 38.00 to 40.00, utility cows 31.00 to 36.00, canner and commercial cows 30.00 to 35.00, bulls 40.00 to 45.00.
MENTIONED IN THIS ARTICLE
Postville Beef
Postville
Postville Neer Market
Cedar Rapids Hog and Farm Prices Edge Down on Thursday
Cedar Rapids market reports show prices for hogs and lambs easing from midweek levels. Wednesday deliveries ranged from 34.50 to 35.00 for 200 to 230 lb butchers, with packers and weight-based cuts lowering values as weights rise. Poultry and eggs also posted small declines, while grain prices listed include No 1 yellow corn at 1.40 and soybeans at 6.72 per bushel.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Wheat and grain futures prices noted in Chicago report
Chicago market report lists wheat No 2 soft red at 2.55 per bushel and No 2 hard red at 2.44. Corn No 2 yellow trades at 1.6744 per unit. Oats No 2 extra heavy white at 1.04 per unit. Soybeans No 1 yellow at 7.04 per unit.
MENTIONED IN THIS ARTICLE
Chicago
Silver price slide in New York market
Silver is quoted at 214.8 cents per fine ounce in New York, down 1.7 cents, as reported by Handy and Harman via UPI.
MENTIONED IN THIS ARTICLE
Silver Market
New York
UPI
Handy and Harman
Hog market summary for Des Moines and southern Minnesota
Interior Iowa southern Minnesota hog markets show slow demand with generally good activity. Butchers uneven with prices 25 cents lower. loins steady. Thursday's estimate 70,000 head. actual Wednesday receipts also 70,000, versus 52,000 last week and 94,000 a year ago.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Iowa-southern
Minnesota
Butchers and Sows Steady in Packing Plant Pricing
Butchers and sows held steady with No. 2 butchers at 200 to 230 pounds priced from 34.50 to 35.00 dollars and No. 2 sows around 300 pounds priced 30.75 to 31.25 dollars as plant deliveries.
Midwest meat trade report from Des Moines market notes
Des Moines AP reports Wednesday activity in the Midwest carrot meat market for town and river areas. Beef demand fair to moderate with steers steady to 50 cents lower, heifers steady. steer prices 66.50 to 67.00, 500-700 lb heifers. Pork cut trade moderate with loins up 1.00, picnics strong to 50 cents higher, bellies steady to 50 cents higher, loins by weight and hams pricing listed.
MENTIONED IN THIS ARTICLE
Des Moines
Life Investors Reports Record First Quarter Earnings
Life Investors Inc. told shareholders at its annual meeting that the first quarter of 1973 yielded the highest operating results in the company’s history. Earnings rose 24 percent to 1,551,000 dollars, 27 cents per share, from 1,243,000 dollars, 22 cents per share a year earlier. President Ronald Jensen predicted continued upward earnings and a record year ahead.
MENTIONED IN THIS ARTICLE
Life Investors, Inc
Ronald Jensen
Life
Jensen
Life Investors
Penn Central Delays Job-Cut Rule Amid Strike Threat
Trustees of penn central postponed the elimination of 5700 train crew jobs to June 9. The move follows a February attempt that triggered a UTU strike and a 90 day congressional moratorium delaying the rule until May 9. The UTU is expected to strike again on May 9.
MENTIONED IN THIS ARTICLE
Philadelphia
Penn Central
United Transportation Union
Afl-Cio
Congress
UTU
Printed sewing pattern advertisement for Anne Adams
Casual in cotton blends and silk linen or crepe fabrics. Elongated drape flatters figure with pattern 4770. Half sizes 10 12 14 16 18 with bust 37 for size 14. Yardage 1 1? yards 60 inch. pattern price 75 cents plus 25 cents for air mail handling. Send to The Cedar Rapids Gazette Pattern Dept New York address with required details.
MENTIONED IN THIS ARTICLE
Anne Adams
Cedar Rapids Gazette
Pattern Dept
West 17Th St
New York
N. Y
Hogs and Cattle Prices Mixed At Omaha Market
Hog prices fell unevenly across categories with 200 to 270 pound groups quoted around 33.00 to 35.50 per cwt and sows down 25 to 50 cents. Cattle and calves saw scattered, steady to weak trade with steers 42.00 to 44.00, heifers 40.00 to 43.00, and cows 28.50 to 34.50 per cwt amid light volume.
MENTIONED IN THIS ARTICLE
Livestock Futures Chicago
Une
Omaha
U.S
Sioux City Livestock Market Report Summary
Sioux City hogs totaled 11 000 with prices down .50. U S 1 3 190 250 lb hogs 24.75 35 00. Sows 31 00 31 50 for 400 550 lb. Cattle 1 000 with steady sales. Steers 44 00 45 00, choice and prime 45 75. Heifers 42 00 43 00.
MENTIONED IN THIS ARTICLE
Sioux City
USDA
U.S
Chicago Wholesale Produce Prices Report
UPI reports USDA wholesale prices for Chicago. Eggs to retailers vary by grade with Extra large 49 to 52 cents, large 48 to 50, mediums 44 to 46 per dozen delivered in cartons.
MENTIONED IN THIS ARTICLE
Chicago
UPI
USDA
Wholesale egg markets show adequate supply on
New York dispatch notes overall egg offerings are fully adequate with demand spotty. Whites range from fancy large 46 to 49 cents, fancy medium 42 to 44 cents, fancy small 32 to 34 cents. Butter offerings are adequate and demand fair, with creameries at 62 to 34 cents.
MENTIONED IN THIS ARTICLE
New York
USDA
Liddy Sought to Buy Pistols Using White House ID
Gun dealer John Richards of Alexandria says G. Gordon Liddy asked to buy pistols for the White House staff using his own name about a year before the break-in. Richards checked Liddy's background with a Treasury agent who reported no red flags. Liddy did not return to complete the purchase.
MENTIONED IN THIS ARTICLE
Washington
G. Gordon Liddy
White House
John Richards
Alexandria
Liddy
Richards
Virginia
Treasury Department
Damage Suit Seeks Eight Hundred Thousand Judgment
Iowa City Nancy Follett files an $800 000 district court suit against Jones Thomas Inc and three Iowa City individuals over negligence in not erecting a railing on a second floor deck at 131 South Linn Street. The plaintiff claims her daughter Terry Follett, then five, fell from the deck on April 25, 1971, suffering multiple injuries and medical costs of about $5 071.
MENTIONED IN THIS ARTICLE
Iowa City
Johnson County
Nancy Follett
Terry Follett
Jones-Thomas Inc
Lyle B. Jones
J. Wendell Thomas
South Linn Street
Follett
G F LeClerc 74 Central City Dies
G F Fritz LeClerc 74 lifelong Central City area farmer died in a Manchester nursing home. Born June 16 1898 near Prairieburg he married Margaret Aikin March 14 1923 in Cedar Rapids. Survived by wife son Dean two grandchildren two sisters two brothers services 1 30 p m Saturday United Church of Christ Central City burial Gowgan cemetery.
MENTIONED IN THIS ARTICLE
Central City
G. F
Fritz” LeClerc
Coggon
Manchester
Prairieburg
Cedar Rapids
Margaret Aikin
LeClerc
United Church of Christ
Level Lodge
Linn
Dean LeClere
Marion
Ila Kramer
Walker
Theresa Lyons
Greeley
Colo
Ernest le- Clere
Peter le- Clere
Garden City
Kan
Lyle Kuehl
Coggan Cemetery
Murdoch
Former Muscatine Treasurer Sentenced
Lauren Goddard former Muscatine county treasurer received a five year suspended sentence and a $1000 fine for a $35000 shortage in his office. He pleaded guilty to a reduced charge of embezzlement by a bailee after making good the shortage plus $1100 interest. Sentencing was by Muscatine County District Court Judge A L Keek.
MENTIONED IN THIS ARTICLE
Muscatine (Ap
Lauren Goddard
Muscatine County
Goddard
A. L. Keek
Probencio Arrested On Larceny Charge
Antonio Probencio, 22, of 3321 Circle drive NE, was arrested Wednesday night and charged with larceny. He is accused of taking a welding cape and other items valued at 36 dollars from a car belonging to Donald O'Brien, 2409 Bever avenue SE, near Third avenue and Third street SE at about 6 30 p m. Probencio was in Linn county jail Thursday in lieu of a 500 dollar bond.
MENTIONED IN THIS ARTICLE
Antonio Probencio
Circle Drive
Donald O’brien
Bever Avenue
Third Avenue
Third Street
City Briefs highlight local notices and events
Local items list theft report at a bishop's residence and a digest of community ads. Notices include lost ring, coin buying, real estate ads, sale events, club dances, funerals, youth sports registration, and charity dinners with contact numbers and hours for Perry, Cedar Rapids, and nearby venues.
Charge Youth Drove Car Without Consent
A 15 year old Cedar Rapids boy was arrested after police received a report that Lois Johnson’s car had been stolen from Washington High School. The vehicle was recovered on the 200 block of Twenty-fifth Street SE. He was processed by the youth bureau and referred to a probation officer.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Lois Johnson
Washington High School
Twenty-fifth Street Drive
Crochet cape pattern for girls and misses
Ladies pattern 969 offers loopstitch lace capes in two colors for girls sizes 2 12 and misses sizes 8 18. Send pattern number name address zip to Laura Wheeler Cedar Rapids Gazette Needlecraft Dept Box 161 Old Chelsea Station New York NY 10011.
MENTIONED IN THIS ARTICLE
Laura Wheeler
The
Cedar Rapids Gazette
Needlecraft Dept
Old Chelsea Station
New York
N.Y
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