New York Stocks End Mixed On Declining Volume
Composite prices from United Press International show Adobe and FordCon among notable movers as of 3 p.m. NYT. Trading features several gains and losses across sectors with Dow Jones and Standard & Poor's indexes reflecting modest moves and a cautious session in New York equities.
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United Press International
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Standard & Poor's
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Market closes strong despite negative economic news
The Dow edged up 10.40 to 837.32 in heavy volume, erasing Thursday's loss and extending a two week rally as traders shrugged off higher inflation and tighter credit. Analyst Larry Wachtel noted the market's resilience amid Fed tightening and rising rates. In Des Moines livestock trading, moderate demand and steady to firm hogs shaped a mixed Friday, with receipts tracking lower than prior weeks.
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New York
Larry Wachtel
Bache Halsey Stuart & Shields
Fed
Des Moines
UPI
Midwest
Boston Butt
Poultry and Egg Market Report from Des Moines
The Market News Service reports an undertone largely steady to firm with wide price ranges. Farm hen prices range 7.5 to 9.5 cents per lb, mostly 7.5 to 8, while egg prices to producers show Grade A large 34 to 41 cents per dozen, medium 27 to 36, with other farm eggs Grades A and B offering 12 to 31 cents per dozen depending on size and quality.
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Des Moines
Federal State Market
Federal
Life Investors elect new board and expansion plans
Life Investors Inc. stockholders meeting announced a national data processing unit with regional offices and broader marketing via multiple arms. William L. McDonald was elected to the board, joining continued terms for Mil dred Moe Ronald L. Jensen and others. plans include 11 regional offices and future programs across credit life and tax-sheltered annuities. The firm reported an 18 percent return on investment last year.
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Life Investors Inc
William L. McDonald
Cedar Rapids
Life Investors Insurance Co. of America
Bankers United Life Assurance Co
Life Investors
Mildred Moe
Council Bluffs
Ronald L. Jensen
E.A. Larson
Denver
Colo
John Marvel
Webster City
W.B. McGahey
Sacramento
Calif
Samuel E. Orebaugh
Des Moines
Jensen
Life Investors Information Service
McDonald
Marion Community Center Weekly Activity Schedule
The Marion Community Center lists daily programs including high school completion classes, senior citizens luncheons, and kid activities. Special items include Larry Orman and Don Spurgeon workshops and a cable television meeting. An opening announces Reflected Images Styling Salon at Marion Heights Shopping Center.
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Senior Citizens
Larry Orman
Don Spurgeon
Kids League
East Central Federation of Square Dance Clubs
Reflected Images Styling Salon
Marion Heights
Grand Ave
Sandra Ramsdell
Vick Heads Marion Kiwanis Club President
LeRoy N. Vick of 321 Tenth Street was elected president of the Marion Kiwanis Club on Thursday. Officers named include Dale Folkers as president elect Steven Melchert as vice president Walter Bach as treasurer. Directors for one year are Archie Conklin Ivan Bowen Ralph Mills Lawrence B. DeWees and Neil Wood. Installation set for next October.
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LeRoy N. Vick
Tenth St
Marion Kiwanis Club
Dale Folkers
Steven Melchert
Walter Bach
Archie Conklin
Ivan Bowen
Ralph Mills
Lawrence B. DeWees
Neil Wood
Drunk Driving Judgments Pronounced in Linn Court
Eighteen persons charged with drunk driving received judgments from the First Avenue division of Linn District Court. Several were sentenced to jail terms or fines, with many others placed on deferred sentences or probation.
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First Avenue
Linn District Court
Donald Ray McDowell
O Ave. NW
Linn County
Audrey M. Penne
Bali Hai Trailer Court
Hiawatha
Spring Concert by Marion Musical Literary Club
The Marion Musical Literary Club presents its annual Spring Concert Sunday at 7 30 p m in First United Presbyterian Church 802 12th St Chorus directed by Marian Hulin with accompanist Ann Churchill They perform What Would We Do without Music Choose Something Like a Star Abraham Martin and John and No No Nanette plus solos duets and small vocal instrumental groups Admission is free.
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Marion
Harbach
Delmar C Burns Named Street Maintenance Supervisor
Delmar C Burns has been named street maintenance supervisor in the Public Services Department. Public Services Director Jack Bross announced the appointment. Burns, a Marion High School graduate and World War II Navy veteran, will start Monday. He attends St Josephs Church and is active in the Marion American Legion Post. He is married with two daughters and lives at 245 Eighth Street.
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Public Services Department
Jack Bross
Burns
Marion High School
St. Joseph’s Catholic Church
Marion American Legion
Eighth St
Marion public services adopts summer hours
Marion Public Services will start summer hours Monday from 7 a.m. to 3 30 p.m. Garbage collection will begin at 6 30 a.m. during the summer months to accommodate the extended schedule.
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Marion
Public Services Department
GM price hike averages $100 across car lineup
General Motors Corp announced a $100 average retail price increase, about 1.4 percent, citing steel and labor cost rises. The hike excludes seven models including three Chevrolet Chevette, three Monza, and one Pontiac Sunbird.
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Detroit
General Motors Corp
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