Stock Market Rises Again Amid Broad Gains
New York reports a continued market upturn with 6.74 million shares traded in four hours, up from 5.37 million. IBM rose six or more points, Polaroid and Control Data gained, Xerox edged higher, Chrysler and GM gained while Ford held steady as labor talks loom.
MENTIONED IN THIS ARTICLE
New York
IBM
Polaroid
Control
Xerox
Chrysler
General Motors
Ford
American Stock Exchange
Nebraskan Galbraith elected national commander of Legion
William Galbraith 41 rancher of Beemer Nebraska won the 49th annual American Legion convention with all 2960 delegates votes. He succeeds former North Dakota governor John Davis as national commander. A second candidate lacked state support. Convention passed resolutions urging expansion of the Vietnam war into Cambodia and Laos and lifting bombing restrictions in North Vietnam.
MENTIONED IN THIS ARTICLE
Boston
UPI
William Galbraith
American Legion
Galbraith
Beemer
Neb
Legion
John Davis
North Dakota
William Doyle
Vineland
N.J
The
U.S
Cambodia
Laos
North Vietnam
Hogs Steady To 25 Down In Friday Market Estimates
Chicago AP dispatch reports USDA estimates of receipts for auction at 5,000 cattle 4,000 hogs 300 sheep. Butcher hogs sold steady to 25 cents lower while cattle were light and sheep held steady in a market test.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Chicago Livestock Prices Mixed as Cattle, Hogs, Sheep Reported
Open market notes show hogs at 5,000 head with barrows and gilts steady to 25 lower. U S 1s at 210 pounds 20.50. 200-230 and 200-250 pounds range 19.25 to 20.25. Cattle market lacking sufficient slaughter steers though some strong heifers. primes at 27.50 for 930 pounds, others 23.50 per 1,010 pounds. cows 16.25 to 18.00. Sheep about 300 head with spring slaughter lambs steady, 85-100 pounds at 24.00-25.00, ewes 4.00-7.50.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U.S
Des Moines Packers Report Mixed Demand And Prices
UPI reports trade moderately active with uneven demand. Butchers show steady to 25 cent gains and declines up to 50 cents, while low figures are mostly steady with similar fluctuations. Estimated Thursday receipts near 60,000, week-ago 68,000, year-ago 66,000. Prices listed for U S 1 3 butchers and sow weights across several weight ranges.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
U.S
Midwest meat trade steady across beef categories
Iowa and nearby markets show slow trading with steer heifer and cow beef remaining steady versus Tuesday. Prices cited include choice steer 600-700 lbs at 43.50, 700-800 lbs at 44.00, angus steer 600-800 lbs at 42.25, and cow canner and cutter at 36.00.
MENTIONED IN THIS ARTICLE
DES Moines (Ap
USDA
Cedar Rapids hog market prices drift steady on Thursday
Cedar Rapids hog market prices held steady Thursday with Wednesday’s delivered prices for 200 to 230 lb butchers at 18.50 to 21.00 dollars. Sows 300 lb and under quoted 17.50 to 18.00 dollars with weight-based discounts for heavier categories. Delivered poultry and wool and grain quotes follow, including leghorn hens and No 1 wool at 32 cents and 2 wool at 22 cents, corn and soybeans prices noted.
MENTIONED IN THIS ARTICLE
Cedar Rapids
US Soviet Feud Over Arctic Route Halts Icebreaker Voyage
Washington says two U.S. icebreakers are barred from crossing the Arctic amid a dispute with the Soviet Union. The State Department lodged a protest, asserting U.S. vessels have rights under international law and seeking access for a key scientific mission. The dispute centers on Vilkitsky Strait status between Severnaya Zemlya and the Soviet coast.
MENTIONED IN THIS ARTICLE
Washington
U.S
Arctic
Soviet Union
State Department
Vilkitsky Straits
Severnaya Zemlya
Moscow
Wheat futures rise then retreat on profit taking
In Chicago wheat futures climbed over two cents a bushel briefly before a later profit-taking wave pulled prices back. At the close the market showed gains of about 1 to 1.5 cents for wheat, with corn and soybeans mixed and oats and rye showing small moves.
MENTIONED IN THIS ARTICLE
Chicago
Sioux City Livestock Prices Report
Sioux City cattle market shows 2,500 head with calves absent and moderate activity. Slaughter cattle and heifers steady. choice slaughter steers 1,100 to 1,300 pounds traded at 27.00 to 27.75 per hundredweight. 900 to 1,100 pounds at 26.00 to 27.25. Three loads of high choice and prime 1,100 to 1,250 pounds at 28.00. Choice heifers 900 to 1,050 pounds at 25.50 to 26.50. two lots at high choice with some prime 26.60 to 26.75.
MENTIONED IN THIS ARTICLE
Sioux City Livestock
Sioux City
UPI
Omaha Livestock Prices and Trends Report
UPI notes cattle at 2,500 and calves at 10. Steers and heifers show varied quotes with prime and choice weights around 935 pounds at 27.50 dollars per hundred pounds and 25.75 to 26.75 for others. Heifers near 25.50 to 26.50, steers 27.00 to 28.00, and lighter weight Prime 877 pounds at 26.50. Cows range 16.50 to 18.00 for utility and commercial, with canner and cutter at 15.50 to 17.50, indicating a steady to softened market.
MENTIONED IN THIS ARTICLE
Ifers
Omaha Livestock Omaha
UPI
New York butter market shows steady demand and varied scores
New York dairy market notes adequate butter demand. Creamery prices posted at 93 score AA and 92 score A range around 67 cents. Lower 90 score B also near 67 cents amid steady activity.
MENTIONED IN THIS ARTICLE
New York
USDA
Market report shows firm prices for butter eggs and dull russet markets
Chicago market notes butter wholesale prices steady with minor 2 cent uptick for some grades. Eggs firm to 2 cents higher on abundant A whites and other grades. Potatoes arrivals light with total U S shipments 152 and demand dull for russets while round reds hold. Washington norgolds 3 40, russet Burbanks 3 50, Minnesota round reds 2 40 2 45.
MENTIONED IN THIS ARTICLE
Chicago
U.S
Washington Norgolds
Burbanks
Minnesota
Reds
Steel Price Increase Fight Spurs Government Action
The government criticized Republic Steel for proposing a steel bar price rise and sent telegrams to major producers to curb a wider hike. Gardner Ackley, chair of the Economic Advisers, said recent increases are no longer isolated, calling them a consistent pattern raising prices for about half the nation’s steel tonnage.
MENTIONED IN THIS ARTICLE
Washington
Republic Steel
Gardner Ackley
Ackley
Youth Receives Suspended Term For Assault Charge
Donald Luedeman age 16 of 400 B avenue NW was given a 30 day suspended jail sentence on an assault and battery charge. He allegedly struck Gary A. Benford of 400 B avenue NW on August 8. Municipal Judge Howard McLaughlin imposed the sentence.
MENTIONED IN THIS ARTICLE
Donald Luedeman
B Avenue NW
Gary A. Benford
Howard McLaughlin
Three Cent Pay Hike To Maytag Employes
Newton reports a three cent per hour increase in Maytag Co cost of living allowance for workers following the latest Bureau of Labor Statistics index rise. The hike brings the allowance to 48 cents an hour or 19.20 a week, effective Sept 4, and tied to the government price index reviewed quarterly since 1957.
MENTIONED IN THIS ARTICLE
Newton
Maytag Co
Bureau of Labor Statistics
Maytag
Bank Clearings Rise in Cedar Rapids Year to Date
Cedar Rapids banking figures show year to date clearings at 413 million with a gain of about 1.95 million over last year’s 411.5 million. August clearings were 53.02 million, slightly below August 1966’s 53.89 million, while July totals reached 55.93 million.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Clearing House
Four Youths Arrested After Decorating Spree
Four youths two 15 year olds and two 16 year olds were caught toilet papering bushes in the 2500 block of Kathryn Street SW on Wednesday. Officers said their cases have been referred to the county probation office.
MENTIONED IN THIS ARTICLE
Kathryn Street
SEC Chief Flags Widespread Stock Speculation Concerns
Washington reports Chairman Manuel Cohen told House Commerce Committee that recent stock speculation and record turnover in major markets alarm the SEC. He cited rising trading volume and prices in mid to low priced issues, ongoing investigations, and actions against manipulative practices while noting the agency cannot prevent all speculation.
MENTIONED IN THIS ARTICLE
Washington
UPI
Securities and Exchange Commission
Manuel Cohen
Cohen
SEC
Commission
Staggers
D-W.va
House Commerce Committee
Stock Exchange
G. Keith Funston
New York Stock Exchange
American Stock Exchange
Science fiction Land Unknown on Friday 4 O clock movie
Friday's KURG TV Channel 9 schedules a science fiction feature titled Land Unknown at 4 PM. The program blocks out a classic space adventure, offering viewers a chance to enjoy a late afternoon sci fi film with atmospheric thrills.
MENTIONED IN THIS ARTICLE
Kurgtv
Belief in God Debate Raises Eyebrows in Soviet Youth Press
In Komsomolskaya Pravda a Young Communist League letter by A Ayazeva argues for Christianity and morality through God, while V Kokashinsky counters with secular ideals and critique of religious belief. The piece notes Kazan survey showing 21 percent religious and cites Dostoyevsky.
MENTIONED IN THIS ARTICLE
Moscow
Young Communist League
Komsomolskaya Pravda
Nauka I Religia
Science and Religion
Kazan
A. Ayazeva
V. Kokashinsky
Ayazeva
Ality
Kokashinsky
Christ
Svetlana Alliluyeva
Stalin
U.S
Miller Struck by Driverless Car in Freak Accident
Harold A. Miller, 44, of 5051 First Avenue SW, suffered a chin laceration when a driverless car struck him while he stood beside his car at 427 First Avenue SE. The rolling car owned by Ruben M. Smith, 616 Sixteenth Street NE, moved from the curb in the 500 block and struck Miller after sliding to First Avenue and Fifth Street East. An open door on the rolling vehicle caused the injury.
MENTIONED IN THIS ARTICLE
Harold A. Miller
First Avenue
Miller
First Avenue SE
Ruben M. Smith
Sixteenth Street
First Avenue East
Fifth Street
Women Given 30 Days On False Check Charge
Shirley Reid of 1428 Third Street SE received a 30 day suspended jail sentence on a false uttering of a check charge. She was accused of writing a $15 bad check to a Cedar Rapids grocery store on July 10.
MENTIONED IN THIS ARTICLE
Shirley Reid
Third Street
Cedar Rapids
Howard McLaughlin
Knudtson Sentenced On License Violation
Gene Allan Knudston, 20, of 1916 Fourth Avenue SE, was sentenced to ten days for unlawful use of a driver's license after police found an altered license shown in the 800 block of Twelfth Street NE on August 23.
MENTIONED IN THIS ARTICLE
Gene Allan Knudston
Fourth Avenue SE
Twelfth Street
Brezhnev to visit Hungary to seal defense pact
Soviet Communist Party Chief Brezhnev will travel to Hungary early next month to initiate a Soviet Hungarian defense pact, Tass reported on Wednesday.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Brezhnev
Hungary
Tass
Labor Federation Seeks Secretary-Treasurer in Iowa
Des Moines AP reports the Iowa Federation of Labor, with 89,000 members, enters the second day of its annual convention as nominations list James Wingert of Des Moines and Jack Behe of Indianola for secretary treasurer. Incumbents seek re election to their current posts with voting scheduled for Friday. Hugh D. Clark, named federation president in April 1966 after Charles L. Davis resigned, is among officials noted.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Federation of Labor
James Wingert
Sioux City
Jack Behe
Indianola
United Community Services
Hugh D. Clark
Dubuque
Federation
Clark
Charles L. Davis
Wilson Plans Texas Beef Plant Near Hereford
Wilson and Co. a Chicago based subsidiary of Ling-Temco-Vought Inc will build a multi million dollar beef processing plant in west Texas near Hereford on a 400 acre tract. The facility to be the first such operation in Texas will process over 300 000 head annually and employ about 200 people.
MENTIONED IN THIS ARTICLE
Dallas
Wilson and Co
Ling-Temco-Vought, Inc
Texas
Hereford
Roy Edwards
Wilson
Exports Drop Reflects Britain China Tensions
London reports show a marked drop in Communist Chinese exports to Britain amid rising tensions between Britain and China. The data released Thursday by trade figures highlights a shift in bilateral commerce and potential economic repercussions for both nations.
MENTIONED IN THIS ARTICLE
London
UPI
Britain
China
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Harris Int
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Livestock Futures Chicago
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First Ave
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Merchants Bank
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