Market Decline Follows Jobless Rate Rise
New York stocks edged lower on Friday as investors paused after a government report showed the July unemployment rate climbing to 7.8 percent from 7.5. The Dow fell briefly then steadied, while volume on the NYSE and Amex slowed, signaling cautious trading amid economic uncertainty.
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Beans Gain Corn Drops in Chicago Grain Markets
Chicago soil grain markets show corn and wheat futures down with a 54 cent gain in soybeans due to buying and short covering. Oats hold steady with minor shifts, while soybeans trade August at 6.23 and wheat around 3.30 per bushel. Des Moines hog and cattle quotes feature varied bids, with receipts around 45,000 and weekly trends mixed on pork and beef sales.
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Iowa City Man Seeks Kirkwood School Board Seat
Richard Foerstner 39 of Iowa City announces candidacy for the Kirkwood Community College board seat for district three. Opponent is Robert Kraus. Foerstner, vice president of microwave oven engineering at Amana Refrigeration and UI College of Engineering graduate, aims to maintain program quality and ensure planned facilities support growth.
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Iowa City
Gloria Dei Lutheran Church
Monday Rites Set For Gladys Ferguson
Gladys E. Ferguson 84 a Mechanicsville resident died Thursday after a short illness Born November 27 1891 in Manilla she graduated Drake University 1914 taught at Rockwell City Spencer Mechanicsville Married Everette Ferguson September 1 1920 She was active in Presbyterian church Legion auxiliary Eastern Star and Library board 30 years Surviving husband daughter three sons seven grandchildren six great grandchildren Services Monday at 2 pm at Faith Presbyterian Church Burial Rose Hill Visitation After 1 pm Saturday Memorial established Bicentennial note: College of New York now Columbia University turned telescopes over to George Washington to monitor British forces near Staten Island
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Tipton
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Lisbon
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Rose Hill
Should I Sell Mutual Funds and Switch to Kreage Stock
A reader asks if selling 1,366 mutual shares to buy S S Kreage is wise. The columnist notes Kreage’s long dividend history and a recent split, but warns splits do not create value and suggests sticking with the mutual fund for a 5.3 percent yield or moving to a bond fund or corporate bonds for more income.
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Local Briefs Highlight Rides, Tours and Services
The Hawkeye Bicycle Assn sponsors a 59 mile Class B ride to Shellsburg and back starting 9 am Sunday from Beverpark. Bowling centers open fall leagues. Trickey's Town & Country Bowl lists reservations. Travel & Transport promotes Autumn in New England and Door County motorcoach tours with contact 393-8747. Green Thumb offers a 20% plant sale and bargain Tegular 79¢ pots. Coe College hosts an exploration program at 8:15 am Sunday on KLWW. Maxine's Hairstyling welcomes Andrea Streets. open daily except Monday, 365-2335. Active duty notice for Mark Curtis in San Antonio. Optimists Daybreak meet 7 am Monday at Bishops town. Kay Center advertises Pink Hairpin services. Local shop Czech Cottage features glass miniatures and Baltic amber. Local color guard seeks rifle and flag instructor. contact 363-0112. Rent the Best advertises rental services. Montrose Games shows doors 6:30 Saturday. Keepsake stone mounting available at 895-8662.
Me Shulsky Welcomes Written Questions
Me Shulsky invites written questions directed to The Gazette, with responses provided through the column. Readers may submit inquiries addressed to Shulsky for publication consideration and guidance on local issues.
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Wahlert Seeks College Board Seat in Walford Race
Robert Wahlert an air traffic controller at Cedar Rapids airport control tower has filed nomination papers for a seat on the College Community school board in Walford. He challenges Arnold Yanecek for director district four, a post filled after a resignation. the Sept 14 election will decide the two year term remaining.
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Cedar Rapids
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Yanecek
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Friends of Library State Book Sale At Cedar Rapids
The fifth annual used book sale by Friends of the Public Library will run September 23 to 25 at the Cedar Rapids Memorial Coliseum with downtown store hours. Hard cover books are 50 cents and paperbacks 25 cents, with a $1 admission Thursday from 9:30 am to 6 pm.
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Friends of the Public Library
Cedar Rapids Memorial Coliseum
Springville Council Proceedings and Probate Notice 1976
Regular council meeting attended by all members. Minutes approved. Bureau items include sewer program forms, copier purchase for 5500. Mayor authorized to sign related forms. Also probate notice for Ruth Burrill estate with executor Maurice L. Shun say. six month period for claims and six-month deadline from second publication. Director conventions announce dates and locations in Cedar Rapids Cedar County Iowa. General Revenue Sharing details noted.
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