Financial and Market News Broad Stock Decline
Wall Street posted further losses as the Dow Jones industrials slid to 988.61 by 2 pm amid profit-taking in glamour issues. Declines outnumbered advances as trading remained lethargic at about 11 million shares, with analysts noting the sell-off that began after the Dow breached 1,000.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Stock Exchange
Charles Jensen
Merkin & Co
Cedar Rapids hog market edges higher on Thursday
Cedar Rapids market records Thursday gains with hogs 200 to 230 pounds at 43.00 to 43.50 per cwt and packer prices drifting in the 37.00 to 37.50 range for 300 pounds. Cattle and grain quotes accompany the report with mixed, fluctuating prices and notes of tight demand from Des Moines.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Benen
Brendan
Armstek
Sy Frwin
Norco
Bae
Norsim
Lee
Oi Reyes
Sovbeans
Norch
Des Moines
Féderalstate Marcet
Frode
Iowa
Federal State Market News Service
UPI
Midwest
WEBSTER_CITY
Shuenter
U.S
Sons
Chicago
USDA
Senhaeres
Chi
Wisconsin
Coto Fond
Michigan
Joliet
UPL
Airport Operator Asks Damages for $925000 suit
Charles Clayton operator of Union Aviation filed in Fayette county district court against the city of Oelwein Roy Johnson the Oelwein airport manager the airport commission and Dr Harold Haiberg alleging remarks by defendants caused loss of a contract with Northeast Area One Vocational School and an army investigation after a letter to Senator Culver. The suit seeks $925000 across four counts.
MENTIONED IN THIS ARTICLE
West Union
Fayette County
Charles Clayton
Union Aviation
Oelwein
Roy Johnson
Qgelwein Airport Commission
Harold Haiberg
Commission
Clayton
Northeast Area One Vocational School
John Culver
Driver Arrested After Hazleton Drunk Driving Charge
Richard M. Fitzpatrick a 67 year old Hazleton man was arrested after a Wednesday accident and charged with drunk driving. He was released on his own recognizance by Hazleton police pending further proceedings.
MENTIONED IN THIS ARTICLE
Hazleton
Richard M. Fitzpatrick
Fitzpatrick
Man Air After Freak The Mishap In Des Moines
Noel McCalley, 38, of 4509 C Avenue NE, was injured when a tire at the R and R Conoco station exploded after he filled it with air. He remained hospitalized at St. Luke's with eye and head injuries. Co-manager Bernie Rankin recalled the incident as exceedingly unusual.
MENTIONED IN THIS ARTICLE
Noel McCalley
C*'avenue NE
McCalley
St. Luke's Hospital
R and R Conoco
Town and Country
Bernie Rankin
MecCalley
Beans Make Limit Gain
CHICAGO AP Soybean futures hit daily limits on the Chicago Board of Trade with soybeans up 20 cents a bushel and advances in meal and oil. Wheat corn and oats rose through the session but closed below morning highs. Des Moines livestock and Joliet cattle and hog markets show varied moves with receipts and pricing details.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Correction-Two Cedar Rapids women wrongfully listed for speeding
The magistrate court actions mislisted Gail Usher of 1616 Tenth Street SW and Henrietta Center of 3220 Bramble Road SW as speeding offenders. They were charged with disobeying a stop sign or traffic signal and fined $15 plus court costs.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Gail Usher
Tenth Street
Henrietta Center
Bramble Road
Des Moines Man Faces Assault Count
Des Moines resident Eugene Norris was charged Wednesday with assault after allegedly hitting Jeff L. McCoy and throwing him from a porch at 407 B avenue NW. The incident also involved a 1-year-old Cedar Rapids girl. no motive given. Norris held on $125 bond in Linn County jail. juvenile released to parents.
MENTIONED IN THIS ARTICLE
Eugene Norris
Des Moines
Jeff L. McCoy
Norris
McCoy
B Avenue NW
Cedar Rapids
Linn County
Conciliation Agreement in Nationality Bias Case
The Cedar Rapids human rights commission reported a conciliation over back pay of 44 dollars and the employer agreed to expunge derogatory work references. The case was one of three conciliation outcomes at a monthly meeting, with other actions including findings of probable cause in four complaints and no probable cause in three.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Youth Suffocates In Farm Mishap Prairieburg child dies in corn bin incident
Dennis Noonan, 6, son of Mr. and Mrs. Merlin Noonan of Prairieburg, died on arrival at Anamosa hospital after falling into a shelled corn bin at the family farm. Ambulance crews from Monticello transported him following the Wednesday 4:43 p.m. accident. Services set for Saturday at St. Josephs Church Prairieburg with burial at St Patrick's Cemetery North Gar tyowen. viewing at Devaney Rief's in Monticello after 7:30 Thursday.
MENTIONED IN THIS ARTICLE
Prairieburg
Dennis Noonan
Merlin Noonan
Tural
St. Joseph’s Catholic Church
St. Patrick’s Cemetery
North Gar- Tyowen
Devaney-Rieff's
Monticello
Castalia Man Die in Auto Crash on County Road
Frankville. Richard Linderbaum, 19, of Castalia Route One, was killed by head injuries after his car ran off a Winneshiek county road and overturned. The crash occurred near Castalia with authorities investigating the exact cause and time of the incident.
MENTIONED IN THIS ARTICLE
Frankville
Richard Linderbaum
Route One
Castalia
Winneshiek County
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