Market gains on light trading as Fed cuts funds rate
The New York Stock Exchange closed with a small advance aided by late buying from blue chips amid signs of slowing economy and convention uncertainty. The Dow rose 3.07 points to 990.19 as investors weighed Fed steps to lower federal funds rates to 53 1 16 percent from 54 percent and hoped for a policy shift. Volume was light with 13.93 million shares traded and many issues unchanged or mixed on the tape.
MENTIONED IN THIS ARTICLE
New York
UPS
New York Stock Exchange
Federal Reserve Board
Federal Fund
Iowa Interest Prices and Market Notes From Des Moines
Des Moines reports from the Federal State Market News Service show unchanged prices for poultry and eggs amid light trading. Demand remains good with a steady undertone. bids vary. Farm egg and egg product prices quoted in a range by grade and size, reflecting balanced supplies and quality incentives. Market notes also include Chicago grain quotes with wheat, corn, and oats prices, plus a summary of Shearson Hayden Stone figures for pork bellies and feeder cattle.
MENTIONED IN THIS ARTICLE
Des Moines
Federal
Iowa Hog Prices and Grain Futures Report
Iowa hog markets show moderate trade with good demand and steady to firm butcher quotes. No 1-3 200-230 lb hogs bring 42.75 to 43.50, with larger weights up to 43.75. Sows hold steady in a broad range, while receipts this week totaled about 50,000. Grain brief notes No 1 yellow corn at 2.64 and No 1 yellow soybeans at 6.27 per bushel. Futures talk follows from Chicago Mercantile Exchange trade.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Coe Receives $50,000 Baker Trust Grant
Coe College has been awarded a $50,000 grant from the George F. Baker Trust of New York City to fund the Baker scholarship program for three years. The awards assist liberal arts students pursuing business, with possible full tuition and optional study toward an MBA. Baker scholars may also attend a three week Operation Enterprise session. Since 1973, 33 Coe Baker scholars have earned honors and advanced to graduate school or notable positions.
MENTIONED IN THIS ARTICLE
Coe College
George F. Baker Trust
New York City
Baker
Coe
Baker Trust
United States
American Manufacturers Assn
George F. Baker, Jr
Coe Baker
Manson Bomb Turned Out To Be Teddy Bear Parcel
VACAVILLE Calif AP Charles Manson convicted mass murderer of actress Sharon Tate and others received a package prison officials feared was a bomb but it proved to be a teddy bear and a Polish travel book A checking device at a state hospital indicated wires then a bomb sniffing dog gave a classic alert The five by eight inch package with a return address in Poland was moved to an orchard where police opened it Manson 41 has been at Vacaville since May for psychiatric study.
MENTIONED IN THIS ARTICLE
Vacaville
Calif
Charles Manson
Sharon Tate
Poland
Manson
IDOT employee dies on job near Mingo
MINGO AP A maintenance man for the Iowa Department of Transportation died after an apparent heart attack Friday while mowing weeds five miles northeast of the Jasper County community. The dead man was identified as David F. Weaver 55 Marshalltown. Weaver was working on Highway 330 at the time. A witness said he swerved into the opposite lane and plunged down a 50 foot embankment.
MENTIONED IN THIS ARTICLE
Mingo
Iowa Department of Transportation
Jasper County
David F. Weaver
Marshalltown
Weaver
Investor's Guide on income, dividends, and bonds in retirement
A reader asks about income from investments, noting margins and low dividends. Advice stresses buying six to seven percent dividend stocks or near eight percent corporate bonds, and warns against speculative, low yielder. Additional questions cover tender offers, townhouses versus tax exempt bonds, convertibles versus munis, and tax shelter via municipal bonds or E bonds. responses emphasize tailored strategies and avoiding single-track plans.
Hawkeye Bicycle Assn plans 48 mile class B ride Sunday
The Hawkeye Bicycle Association sponsors a class B 48 mile ride Sunday at 9 a.m. starting Bever Park, routing through Mt. Vernon Lisbon Sutliff Solon and Ely. A class D ride at 2 p.m. starts Bever Park, to Cherry Hill Park and back.
MENTIONED IN THIS ARTICLE
Hawkeye Bicycle Assn
Bever Park
Mt. Vernon
Lisbon
Sutliff
Solon
Ely
Cherry Hill Park
Linn-Mar hires eighteen faculty across four schools
Marion notes list eighteen new Linn-Mar staff for the year including Richard Christie as principal, plus educators in math social studies home economics physical education media, language arts and reading across junior high and elementary posts. Other entries list staff in sixth grade nurse duties and two thirds time physical education along with several second grade teachers. In Marion magistrate court on Friday four residents faced traffic and related charges with $30 fines each for speeding. An advertisement notes bartender positions at Ambassador Lounge in Marion with in person applications after 4.
MENTIONED IN THIS ARTICLE
Richard Christie
David Hutchinson
Michael Nash
Debra Weichman
Susan Kudina
John Suffin
Matt Langhurst
Mary Whitten
Nicholas Spencer
Larry Gass
Diane Zrudsky
Novak
Barbara Flint
Indian Creek
Linda Fergeson
Roberta Oppedahl
Wilkins
Stephen Upmeyer
Pamela Falkner
Susan Fox
Bowman Woods
Barbara Kinkead
Clark Will Chair Hearing on Aging
The U S Senate Special Committee on Aging will hold a hearing Monday in Winterset chaired by Sen. Dick Clark. The session starts at 9 45 a m at the Madison County Multi Purpose Center as part of six hearings next week on the nation s rural elderly.
MENTIONED IN THIS ARTICLE
Washington
U.S. Senate
Winterset
Dick Clark
Iowa
Madison County
Clark
Notice of Probate and Public Forfeiture in Cedar Rapids
Probate of Ruth Burrill estate in Linn County Iowa appointed Maurice L. Nathanson executor with six month challenge window. creditors urged to file claims. Also public notice from United Cerebral Palsy Cedar Rapids seeking public comment on bus purchase. real estate contract forfeiture notice to Paul and Bette Funk for Dean Park addition property with payments overdue and service deadline August 28, 1976.
MENTIONED IN THIS ARTICLE
Iowa District Court
Linn
Iowa
Ruth Burrill
Ruth Bi
Maurice L. N. Mawson
Ted
Maurice L. Nathanson
Cedar Rapids
Henry E. Nathanson
United Cerebral Palsy Association of
Greater
Iowa Department O Transportation
United Cerebral Palsy
8Th Street
Paul W. Funk
Bette L. Funk
Emily Carroll
Dean Park
Linn County
Also Mentioned on This Page
Amon
Attess Wb
Acyon
Ameipw
Am Motors
Angoir
AmStand
Amtat
Amping
Ampex Corp
ArchDan
Armco
ArmstCk
Asarco
Ashion
Asddrg
Wis AlRich
AtlasCorp
Beckmaan
Beecha
Jeker
Urrgns
Cart Olaise i . astiCk
Ficorp
Jim CoxBdetott
Deere
DelMon
DeltaAir
Dennys
DetEdis
Disney
Dresser
EastAirLine
Eosaal
Farind
Lily
GAFCO
GomSk
Gannett
GenDynam
Gene
GenMills
GoMots
Standard & Poor
Honowil
Houshf
Houshlp
Jay
Ingerr
BaleinindSth
Sila Inferior
Bala
itekCorp
iteiCorp
Jeweic
JhnMan
LenPet
LevitzFurn
LockhdAirc
Lagisuths
MAPCO
Mn McDond
MeadCorp
Melvilie
Merck
Mobil
Monsang
MorNor
Motorola
Northrop
NwstAirl
PacPw
Es Pennzoil
PepsiCo
Prirer
Pheiod
Philoe
PhilMorr
PhitiPet
A Pitney
Preumo
Poloroid
Sore Portge
RCA
Ralston Pults
Rancom
Rooidan
Raytheon
Repyeet
Reic
SofewySt
Streap
RiandisAssol
Shearson Hayden Stone
Amins Fund
Rein
Archer Daniels
Bondag
Lowa
Beatrice Foods
Conrac
Consolidated Foods
Harnischteger Mia Hawkeye Bancorp
Health Management
Interstate Power
Lowo Electric
John Deere
Kidde Commi
Sears
SingerCo
SmithKline
SonvCo
StoufCam
SterDrug
Pune
Tektronx
TelexCo
Tenaco
Texaco
P Texinst
E Textron
Thiokol
Ds ThriftOg
TimeMir
Todd Ship
Ieee
Vetco
Whirlpol
White Whiting
Whittaker
WillmsCos
Winnebago
Wolwth
ZaleCorp
Aise
Poultry US
West North Central States
Vnc
Chicago Cash Grain
Chicago
London
Shearson Hayden Stone Inc
Hogs
Chicago Mercantile Exchange
IDOT
the Investor’s Guide
Sam Shulsky
Mr. Shulsky
C.R. News
Embassy Club
Marilyn
Tony
Nell Rider
6Th Ave. SE
Trickey’s Town & Country Bow
Montrose, Doors
Colorado
Royal Gorge
Garden of the Gods
D. J
Adv
16Th Ave
C St
New England
Travel and Transport
Donna Jayne
Hair Affair
15Th St
Nashville
Music City
U.S.A
D.J
Jerome
Ie Tower
St. N.E
Cerka Costume Rental
Luco
St. N.W
Baumhoefener Nursery
Johnson Ave
Edgewood
R.J. Kool Co
Oakland Rd
Door County
Wisconsin
Marion
Linn-Mar
Ambassador Lounge
Fisher
Yarowsky
Martin, Bprnart & Redmond
Paramount
Emily Carrol
General Revenue
Office OF Revenue
Washington, D.C
Shellsburg
Geri
Eal
Tetany & Financial
Srng Furnas
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