Stock market erases rally as Dow sinks further
New York trading amid scattered bargain hunting followed a sharp Dow drop of about 289 points from the prior session. The Dow Jones average hovered around 815.16 at 2 p.m. with more decliners than advancers on the NYSE, as analysts noted thin economic news to sustain any rebound and awaited Thursday wholesale price data.
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New York Stock Exchange
Iivestors
Boono- Mists
NYSE
Anex
Commodities Turn Lower in Mixed Futures Trading
Chicago AP report notes profit taking and speculative pressure pushing futures down. Soybeans slipped 6 1/4 to 6 1/4 cents, wheat and corn fell 1 to 3 cents, oats eased 4 to 6 cents as end of session values settled from early losses.
MENTIONED IN THIS ARTICLE
Chicago
Hogs and cattle market report from Chicago and midwest yards
Tuesday trading slow with mixed demand for hogs and cattle. No. 1-3 hogs 200-240 lb mostly 56-57.25 per cwt, 240-260 lb 54-56, 260-300 lb 52.75-56.50, sows 49-61.50. cattle steady to higher with steer and heifer lots around 74-79 per cwt, light offerings and regional price variations noted across Joliet Des Moines and Chicago market reports.
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Omaha
Apt
Usbar
Conner
Lutter
Cudar Rapids Key
DES Mqines
UPI
Ues Moines
Lanadoy
Bert Wass Moatrare
Chawe Seer
Boot Saady
Heiter
Corte Et Kakeel
Wade
Pic Ich Ley
Troen
Ford Discusses Korea with Miki in White House talks
President Ford, returning from a European trip, met Japanese Prime Minister Miki to discuss stabilizing the Korean peninsula. The White House session lasted 1 hour 20 minutes, with talks focusing on Korea, energy, trade, and East Asian security amid regional tensions.
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Washington
Ford
Europe
Fakee Miki
Korean Peninsula
White House
Miki
State Department
Luscheon
Henry Kissinger
Mikis
Nur Vey Dince
Ugh
Hirashyea
Mile
Malaysia
Kuali Limpir
Korea
East Asia
Ue Pard
America
Japan
Asia
Tordl
First Avenue Change Amana Rate Hike Suggestions Go into Effect
Traffic changes on First Avenue will shift signal phasing and remove signals at several intersections. Pedestrian activated crossing signals to be added mid block. City considers eliminating left turns at Thompson drive and Fortieth street, with Collins road traffic to share a phase. Amana electric and water rate increases approved by the Iowa Utilities Board.
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Amana
Kayed
Pansuant
First Avenue
Mel Meyer
Fifth Street
Sixteenth Street
Twenty-fourth Street
Thirty-sixth Street
Thirteenth Street
Pirst Avenue
Sixth Street
Thompson Drive
Fortieth Street
Lindale Plaza
Collings Road
Collins Road
Change in City Sewer Policy Eyed by Council
The Cedar Reptde sanitary sewer policy may require charges for hookups at connection in all cases. Currently $5 per front foot is charged when the sewer reaches the property, with no charge if a property owner builds an extension. Outside city limits, rates are 50 percent higher after connection. Finance Commissioner Hal Schaefer urged immediate reimbursement by charging at connection.
MENTIONED IN THIS ARTICLE
Hal Schaefer
Action Seen On Cherry Hill Traffic Problems
Cedar Rapids city council to act to ease traffic tied to Cherry Hill park pool opening. Traffic Engineer Mel Meyer urges banning parking on Broadmore NW between First Ave and Cherry Hill Park during June July August. Also to ban parking on the north side of First Ave West from 21st to 29th streets daily 7 am to 6 pm on weekdays.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cherry Hill Park
Mel Meyer
Broadmore Cord NW
First Avenue
Cherry Hill) Park
Twenty-first Street
Twenty Ninth Street
Cedar Rapids Earns AAA Pedestrian Safety Award
Cedar Rapids received an award of excellence from the American Automobile Association for preventing pedestrian accidents and fatalities in 1974. The city was cited among 2,360 cities and earned six prior awards in AAA safety programs, with criteria including a fatality-free pedestrian record.
MENTIONED IN THIS ARTICLE
Cedar Rapids
American Automobile Assn
AAA
James Steinbeck
Dan McCarthy
Davenport
Motor Club of Iowa
McCarthy
National Board of Judges
Three Juveniles Charged in Money Theft Attempt at Service Station
In Cannon City youths aged 14 17 and a 4 year old were charged after a 14 year old tried to grab cash from attendant Janice Bergert at Martin Oil 121 First Ave SE. The 4 year old is charged with larceny in a purse theft at Snow White Laundry. All youths held for probation authorities.
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Martin Oil
Pirst Avenue
Janice M. Bergert
E Avenue NE
Snow White Laundry
First Avenue NE
Vickie Fisher
Fifteenth Street
Cannon IL Yuu
Man Hospitalized After Car Cycle Crash Near Edgewood Road
Walter Melvin Haleitta, 59, of 4923 Vardy Road NE, in satisfactory condition at Mercy Hospital after a motorcycle he rode was rear ended by a car on the Edgewood Road NW bridge near Ellis Boulevard. The driver, 17 year old Jarmes Rawin Jertle of 915 Thy Seventh Street NE, was treated for a minor head injury and released. Drunk or distracted, Jertle faces charges for failure to maintain control.
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Walter Melvin Hale
Vardy Road
Mervy Hospital
Hale
Edgewood Road NW
Ellis Boulevard
Jarmes Rawin Jertle
Thty
Seventh Street
Jertle
Mercy Hospital
Folive
Commercial Debits Report For July From Cedar Rapids Clearing
The Cedar Rapids clearing house issued July figures showing FRA 178,486 in commercial debits. June totals stood at 506,029,425 dollars. Total for WA reached 4,004,607,218 dollars. Lebits for Inve ly and VA74 totals were 599,496,400 dollars. The year to date total for 174 was 4,059,061,540 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids Clearing House
Invely
Corn Sweetners appoints Martin Andreas as president
Martin Andreas is named president of Corn Sweetners succeeding James Randall of Archer Daniels Midland. The firm operates a modern corn refinery at 1 Waconia Avenue SW and is expanding capacity with new syrup facilities under construction. Andreas, with long experience and Miami University ties, has served as executive vice president and marketing coordinator.
MENTIONED IN THIS ARTICLE
Martin Adreas
Grande Avenue SE
Caras Sweetmers
Tourinals
Archer Daniels Migland Co
Andreas
Ceeds
James Randall
Daniels
Corn Sweetners
Waconia Avenue
Afflelubs
HTH Ind
University of Miami
Linn County to Form Salary Commission for Officials
Linn County plans a salary commission to review salaries of elected county officials and make recommendations. The panel will meet August 20 and submit findings to the county supervisors who may ratify or reduce proposed increases. The review follows the Howse file and a Vargr Associates study guiding the commission’s actions.
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Ard
Varger
Lanti
nineHias
Rawily
Merle Kop
Ban
Aanagor
Linncounty Achool
IE Tells Dividends for the Year At Iowa Electric
IE Tells Dividends the Year Of Directors at Iowa Electric Tight and Paws ep Co Tuesday delayed quarterly dividends in the following issues of company stock Sixty Cents per share by 4.80 percent Cumulative preferred, 3 percent and three importers vents per share at its half percent cumulative preferred, 76 and one-quarter units per share on its 10 percent cumulative preferred, $2.084 per share on the BAA percent cumulative preferred, 42.23 per share Nh a 492 percent cumulative preferred, $180 per share on its UM percent cumulative preferred, $1.99 per share on its 7.96 percent cumulative preferred, and 432 per half rents per share as common stock. Each dividend is payable Oct 7 to stockholders of record Sept 1.
MENTIONED IN THIS ARTICLE
Iowa Electric Tight and Pawsep Co
Revont
City Again Urges Watering of Trees
Cedar Rapids officials urged continued tree watering as dry weather persists. Forester Eric Farnaby said crews run two shifts to water trees but warned of losses without public help. He stressed watering should extend beyond city properties to protect trees and local wells.
MENTIONED IN THIS ARTICLE
Cedar Rapid Twins
Uily
Eric Fanbory
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