Stocks Turn Higher After Sharp Wholesale Price Jump
NEW YORK AP The stock market rose Thursday with the Dow up 7.28 to 620.95 as gainers edged losers about 3 to 2 on the NYSE. The Wholesale Price Index surged at a 14.4 percent annual rate in July, boosting cautious investor mood. The NYSE composite gained 26 to 46.34 while Amex fell to 87.07, and a computer glitch caused partial ticker loss for the first hours.
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NEW York
New York Stock Exchange
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Heec
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Scoaindsd
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el Halstpiss
SonPap
JMG
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Ae Berbel
Singerford
SCO
Nick BoerryRe
Tel Corp Monon
Faves Vay
Abeneia Braulch
Johan So
Acyonta Kooplivge
Sigat
Katyina
Siemiard Steers
Tomer
Lenacah
Standare Heiter
Kellogg
Ee Ie
Femeeet
Tee Texaco
IK Fanart
Roopistan
Amep Inc
Kroger
Timkadd
PS Brchrey
Abney
Cedar Apis
Merkel
Franson
Thorstoy
Alvica
Asarea
Levitz Furn
Axe
FONT
Ibs
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Wnocon
Brathy
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Manson
Carro
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whimsCo
Castick
Notrma
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NotCon
Assoriated
Cheeste
Chris Craft Nowsiigsis
Eitiossy
Nenee Nortikwins
Savy Horch
Nerina Wi
OlinCo
Eta Cork
Po Gort
Din Bachan
Deere
BanAmar
Bet Disney van Feanzoll
Bepsiea
PoliPal
Feoaers Co Ropsm
Eeckiit
Byramerie
Genesea Inc
Goran Ae
Gerber
Shenton
Cedar Rapids hog market reports and price ranges
Thursday market notes show hog prices varying by weight and grade with scattered declines from Wednesday. Sows and heavy hogs show weaker bids. Wednesday and Thursday trading in Des Moines, Chicago, and Omaha mirror softer tone though futures trends noted in Chicago markets.
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Cedar Rapids
DE Moines
Grains Record Sharp Gains on Limit Up Closes
Chicago grain markets surged with wheat and soybeans up the day’s limit, corn up the limit, and oats rising, amid speculative support from Canadian export bans and reports of Soviet purchases. Strong buying buoyed futures as soybeans and corn benefited from ongoing demand.
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Chicago
UPI
Canada
Cora
Soviet Union
Cedar Rapids to form SWAT style police unit
Cedar Rapids Police Chief Wallace LaPeters outlined plans to assemble a 14 to 40 member team of special weapons and tactics experts. Candidates are undergoing fitness tests, will keep regular duties, and be on call for emergencies. No new weapons will be bought, but clothing and miscellaneous items will be acquired.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Wallace LaPeters
LaPeters
Wheeling-Pittsburgh Steel Raises Flat-Rolled Prices
Pittsburgh AP Wheeling-Pittsburgh Steel Corp the ninth largest steelmaker boosted prices on flat-rolled steel in a move that follows Armco’s action two days earlier. Effective Sunday the increases average about 4 to 6 percent over prior published prices, reflecting rising costs for wages raw materials services fuels and equipment. Executive VP Scott cited sustained cost pressures and suggested further hikes may be needed to balance costs with prices.
MENTIONED IN THIS ARTICLE
Pittsburgh
Wheeling-Pittsburgh Steel Corp
Wheeling
Armco
Scott
Sheriff Sells Stereo Units at Auction
Sheriff auctions stereo components and appliances belonging to Mark Appleoff for 453 dollars to partially satisfy a defaulted promissory note. Associates Finance, Inc. won a judgment of 2050 dollars against Appleoff on April 16. The Guanee company purchased the stereo items at half their appraised value, with 953 dollars credited to Associates Finance, Inc. The deal may let the company profit unless the items revert to Appleoff’s property.
MENTIONED IN THIS ARTICLE
Mark Appleoff
Appleoff
Associates, Finance, Inc
Iowa City
Guanee Company
Appleoff Ones Associates Finance, Inc
Appleol
Doctors Release Soyuz Crew After Space Mission Return
Moscow reports cosmonauts Alexei Leonov and Valeri Kubasov have been released from medical supervision sixteen days after their return from a joint U S mission. The Soviet News Agency Tags said both men were near preflight condition two days post landing and released Wednesday.
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Moscow
Soyna 19
Alexei Leonov
Valeri Kubasov
U.S
Tags
Leonov
Kubasov
Disabled Vets Benefits Rise Amid Ford Pushback
President Ford signed a measure increasing cost of living for disabled veterans by 10 to 12 percent, despite White House concerns. The law retroactively boosts monthly checks from $32 to $35 for minimum payments and from $1,454 to $1,628 for maximum, with 12 percent raises for widows and higher clothing allowances.
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Washington
White House
Ford
Congress
Two Injured In Separate C R Mishaps
Herman Baer aged 22 of 1247 Third Street NW was admitted to Mercy hospital after a motorcycle crash on 1617 Eltis Boulevard NW caused a laceration to his right forearm. He was released next morning and kept for nerve damage observation. Larry Willians Bensen aged 26 of 2433 Romspot Street SE was treated at Mercy hospital for injuries from a one car crash on Otis road SE near a railroad crossing signal. He faced charges of reckless driving and driving without proper license.
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Herman Baer
Larry Willians Bensen
Romspot Street
Mercy Hospital
Bensen
Otis Road SE
Bargers Benzen
Tivense
Dollar Jumps on Foreign Exchange in Europe
LONDON AP reports the dollar surged in early European trading with sterling sinking to a record low near 2.1150 dollars. Dealers cite dollar strength and a US treasury plan to raise 6 billion dollars over ten weeks as boosting dollar demand despite quiet market conditions.
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London
Europe
U.S
US Treasury
Deater
Conflict of Interest In Surgeon Fee System Debate
Washington AP reports surgeons face inherent conflict of interest under fee for service, Crile argues for salaried surgeons to avoid bias and overuse, while Moore cites risks of irreversibles and a study suggesting excess surgeons in the U.S. with potential reduction by shifting to salaried or tiered practice.
MENTIONED IN THIS ARTICLE
Washington
George Crile
Cleveland Clinic
Crile
Nolking
Chle
U.S
Francis Moore
Harvard
Moore
American College of Surgeons
American Surgical Assn
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