Stocks Slip as Fed Worries Weigh Markets Again
New York prices fell as interbank rate fears spurred declines on Monday. The Dow Jones average dropped 2.68 to 998.03, with decliners surpassing advancers by about two to one on the NYSE. Traders weighed Federal Reserve moves and possible credit-tightening, while key indices showed mixed signals with Tiger International sliding and the NYSE composite edging lower.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Wall Street
Federal Reserve
Tiger International
NYSE
American Exchange
Corn and Soybeans Slide on Board of Trade Pressure
Chicago buyers saw brief mercantile strength on the Chicago Board of Trade before liquidation pulled futures lower. Corn fell about 14 cents, soybeans down around 15 cents, and wheat weaker. May contracts showed notable declines, with soybeans near 4.77 a bushel and corn around 2.67 a bushel as market bids softened. A stray market note mentions lamb trade prices and lighter livestock bids in Chicago.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Jate
Des Moines Livestock Trade Shows Mixed Movements
In Des Moines the livestock market features steady to higher butcher demand with prices for 200 to 230 lb cattle rising to 75 to 48.00 for various grades while 220 to 250 lb range holds at 46.00 to 48.00. Sows mostly steady with 270 to 320 lb at 41.50. Estimated receipts run around 70,099 with Friday 34,000 and Saturday 12,000. New York wholesale cab market shows steady offerings and gold and silver prices noted alongside market quotes.
MENTIONED IN THIS ARTICLE
C.R
Cedar Rapids
Des Moines
Mitwest
Gary
Thanet
Park
Fon
Hnwers Buslon Bulls
Mars
Viegy
Stratty
Ince Bation
Saremt
Three Cars Vandalized in CR After Sunday Night
Police report four vandalism incidents in CR with vehicles damaged on Fastown Glniina and in Marion. Victims include Mike Billet of Shasta Court NE, Taibcahe, Thomas C Bowen on Twenty First Street, and Daniel R Lanfenberg on Second Street, Marion. Damages include slashed lives, kicked tires, air let out, caps damaged, and gas cap stolen. Estimated damages around 10 dollars.
MENTIONED IN THIS ARTICLE
Pulte
Glniina
Mike Billet
Shastacourt
Thomas C. Bowen
Twenty First Street
Marian
Daniel R. Lanfenberg
Second Street
Marion
Sida
Kidde and Co Reports Increase For 1st Quarter
Kidde and Co. reports higher first quarter earnings and sales in Temple Texas. Primary earnings per share rose from 92 to 94 cents and fully diluted earnings per share from 89 to 90 cents. Net income reached 9.808 million on 282 million in sales versus 9.462 million and 271 million a year earlier. backlog grew in hydraulic cranes and electrical equipment amid gains in automotive and container divisions and safety products.
MENTIONED IN THIS ARTICLE
Temple
Texas
Walter Kidde and Co
Fred R. Sullivan
Swltvon
Paks
Kidde
Chasleman Atea
Opera Bots
LeFebvre Corp
Cedar Rapids
Woman Files Damage Suit In Store Fall In Rapids
Myrna Smith of Rapids filed a damage petition in Linn district court seeking 200000 against Lucky Stores Inc owner of the Eagle store on Sixteenth Avenue SW Rapids. The suit alleges the store failed to provide a clear wide walkway between the checkout area and the exit and that the area remained slippery.
MENTIONED IN THIS ARTICLE
Today Rapids
Linn
Eagle
Sixteenth Avenue
Astar Rapids
Myrna Smith
Mays City Really Co
Lucky Stores, Inc
Man Charged With Forging Prescription
John Biddick Myers aged 29, of 522 Eighth Street SE, is charged with forging a prescription for Fiorinal. He allegedly forged a physician's signature and was arrested at Fifth Avenue Pharmacy at 1030 Finh Avenue SE. Bond set at 2125 dollars after Linn County court action.
MENTIONED IN THIS ARTICLE
John Biddick Myers
Eighth Street
Myers
Fifth Avenue
Finh Avenue
Linn County
Trouble Shooter Honors to Pair of CR Students
Two Washington high school students Wan second ply honors In the state campionship Plymouth Trouble Shooting contest. Dan R Ackerman of 806 Knoll street SE and Marback of 415 Seventeenth street NE won the honors behind a team from Maquoketa Community High School. The contest, sponsored by Plymouth dealers, promotes skilled auto mechanics with new cars planted with malfunctions for students to diagnose and fix.
MENTIONED IN THIS ARTICLE
Washington High School
Plymouth Trouble
Heli Des Moines
Vorrans Marta
Dan R. Ackerman
Knoll Street
Marback
Seventeenth Street
Muquoketa
Plymouth
Maquoketa
Mark Edwarda
Boag Evans
Pair Arrested On Marijuana Law Violation
A Cedar Rapids man and a 6 year old boy were charged with possession of a controlled substance after police said their car was driven erratically. Michael R. Eggleston, 22, of 4617 Pineview Drive SE, and the boy were arrested at 12:52 am Monday in the 1900 block of First Avenue Bust. Officers said about a pound of an substance believed to be marijuana was found. Eggleston posted a $100 bond and the juvenile was released to his parents daily.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Michael R. Eggleston
Pineview Yhrive SE
First Avenue
Cay
Eggleston
Thief Escapes During Frontier Inn Power Outage
A thief robbed Frontier Inn at 219 Fourteenth Avenue SE during a power outage Saturday night, taking money in two brown bags from the bar area. Police say the suspect departed around 11 p.m. and left the scene as staff closed in. Security footage was reviewed but no arrests announced.
Promoted Marine Lance Corporal From Hawaii Sends Pride Home
Promotion of Gary R Kupfer to lance corporal while serving with the Marine Air Group 2 at Pearl Harbor Hawaii is noted alongside local ads and crime reports. The page contains numerous notices including thefts break ins and various yard and garage sales with addresses and contact numbers.
MENTIONED IN THIS ARTICLE
Ramsall J. Rawney
Mira
Marlys Roney
Tenth Street
Army Seregeant
25 Infantry Division
Schohiot Barracks
Hawaii
Sae
Gary R. Kupe Fer
Robert. Kupter
Vernon
Servin
Tmarine Air Grup
Pearl Harbor
Hawai. Eet
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Redhud Road
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Llane Lounge
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Bever Avenue
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