Market Remains Lower As Profit Taking Pressures Shares
New York stock action stayed down this afternoon with the Dow Jones average at 816.61, down 2.05 as declines outweighed gains on the New York Exchange. Analysts cite normal softness after a sharp rise, while some traders move funds into the market. Amex quotes show Syntex and several issues dropping amid a broad retreat in prices and dividend notes explained in footnotes.
MENTIONED IN THIS ARTICLE
New York
Dow
Amex
Syntex
Deltona
Alamera Oil
Amrep
Midland
Cedar Rapids Hog Market Rates Drift Lower This Week
Cedar Rapids hog prices moved steady to 25 cents lower on Tuesday with Monday’s bulk deliveries for 200 to 230 pound butchers at 15.50 to 15.75. Packing sows under 300 pounds ranged 12.25 to 12.50, with higher weights discounted. Cattle and sheep bids show varied falls. grain and dressed meat sections report fluctuating Midwest market activity and prices.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Omaha Livestock Market Report Cattle And Calves Price Range
UPI reports Omaha cattle and calves at 8,000 head and calves 100. Steers and heifers show steady to weak demand with some declines, cows steady, feeder sales stable. High and low choice 950-1000 lb heifers at 25.75 and 24.75-25.50 for other grades. utility and commercial feeders around 18.00-19.50. canners and cutters around 25. feeder steers 925-1000 lb at about 25.00-25.50.
MENTIONED IN THIS ARTICLE
Omaha Livestock Omaha
UPI
Chicago Produce Roundup With Potato and Egg Prices
UPI reports Chicago market shipments total 318 arrivals 76 track 96. Idaho Russet Burbanks price 4.15 for 10 ounce minimum, 60 10 100 count per carton 6.50. Minnesota North Dakota Red River Valley round reds natural color 3.10-3.03, Wisconsin no sales. Butter wholesale prices showed 93 score A 70 70s, eggs delivered to Chicago prices moved 2 lower to 2 higher with 80 percent or better grade A whites 33-36, standards 31-35.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Idaho
Minnesota-North Dakota
Red River Valley
Wisconsin
New York Produce Report Signals Adequate Supply
Wholesale operations show fully adequate offerings with demand from fair to good on Tuesday. Butter offerings are adequate to ample with creamery stock at 93 and 92 score cents, with prices around 71 to 72. Beefed up ranges for Whites include Fancy large 42-44 and Fancy medium 38-39.12, Fancy smalls 31/2-34.
MENTIONED IN THIS ARTICLE
NEW York Produce
New York
USDA
Wheat and Soybeans Fall on Liquidation Across Commodities
CHICAGO AP reports broad declines in agricultural futures as soybeans slipped three cents and most commodities closed lower. Soybeans fell to Jan with a 2.94 percent drop, wheat and corn also eased, oats down 14 percent, reflecting widespread liquidation in the market.
MENTIONED IN THIS ARTICLE
Chicago
Chicago cash grain prices aid market snapshot
AP report lists grain quotes in Chicago with No. 2 hard wheat at 1.6844n, No. 2 soft red at 1.75'4n, No. 2 yellow at 1.55. Oats No. 2 extra heavy white 8é'on. Soybeans No. 1 yellow 2.94'2n and soybean oil at 12.68n.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Cattle and Sheep Prices Steady to Firm on Monday
Chicago prices show cattle 800 head slaughter steers steady to firm with aid from loads and high choice 1000 to 1150 pounds yielding 427.50. choice 950 to 1200 pounds 26.75 to 27.25. 850 to 1000 pounds 25.25 to 26.25. cows 17.50 to 19.00. bulls 23.50 to 25.50. Sheep 500 head, 496 head shipped, choice and prime 109 pound slaughter lambs at 25.50, small lots 109 pounds 26.00 with fall pelts.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Live hog market mixed as butchers slide
Des Moines reports a moderately active trade with demand fair. Butchers prices fall about 25 cents, sows steady to 25 cents lower. Estimated receipts: Tue 90,000, week 85,000, year ago 80,000, Monday 137,000. U S 1-3 200-230 lb butchers 15.00-16.25, 230-240 lbs 14.75-16.00, 240-260 lbs 14.00-15.50, 260-280 lbs 13.25-14.75, 280-300 lbs 12.25-13.75. US 1-3 270-330 lbs 11.50-12.50, 330-400 lbs 11.00-12.00, 2-3 400-450 lbs 10.25-11.25, 450-550 lbs 9.25-10.75.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
U.S
Sioux City Livestock Market Report Slaughter Steers Steady
Sioux City market data shows slaughter steers holding steady while slaughter heifers are weak to mostly 25 cents. Choice steers range from 950 to 1,210 pounds with prices 24.56 to 25.00 per hundredweight. Larger 1,050 pound cattle bring around 34.95 to 35.50.
MENTIONED IN THIS ARTICLE
Sioux City Livestock
Sioux City
UPI
Cattie
Wednesday Estimate Chicago Cattle Herd Size Report
The USDA reports official government cattle estimates for Wednesday tallying 6,000 head in the Chicago region. The figure reflects ongoing market activity and inventory assessments by federal agencies.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Gevernanes
Hendry Faces Concealed Weapon Charge After Tavern Arrest
Pennie M. Hendry, 23, of 728 Seventh Street SE, was jailed on a concealed weapon charge after Monday night arrest at Shaheen’s Fifth Avenue tavern 626 Fifth Avenue SE. A paring knife and a large kitchen knife were found in her purse. bond set at $2,000.
MENTIONED IN THIS ARTICLE
Pennie M. Hendry
Seventh Street
Missing Vinton Man Found Dead in Auto
Charles Hurst a 62 year old Vinton man reported missing Monday afternoon was found dead in his car near the Fareway store. Authorities believe heart trouble contributed to the death, with official determination pending. Survived by his wife Este four daughters a brother A J Hurst Waterloo two sisters and twelve grandchildren Funeral services set for Thursday at 2 p m at Campbell funeral home.
MENTIONED IN THIS ARTICLE
Vinton
Charles Hurst
Fareway
B Avenue
Hurst
Este
Robert Rinderknecht
Russell Rinker
Harold Lindahl
Richard Schoonover
A. J. Hurst
Waterloo
Milford Nee
Harold Bridge
Federal iDam
Minn
Campbell Funeral Home
Trials Feb. 22 For Two Suits Against Rath
Federal Judge Edward J Mc Manus set Feb 22 for two Rath Packing Co suits against Rath and United Packinghouse Workers local 46, unless settled by Jan. 5. Rosemary Mitchell seeks wages since Sept 20 1968, reinstatement, seniority, and 25000 punitive damages claiming wrongful discharge over alcohol issues and union non processing. Dorothy Petersen and Patricia Youngblut claim higher seniority and bump rights under Rath agreement. Rath says neither was discharged.
MENTIONED IN THIS ARTICLE
Edward J. McManus
Rath Packing Co
Waterloo
United Packinghouse Workers Local 46
Rosemary Mitchell
Rath
Dorothy Petersen
Patricia Youngblut
Jesup
Union
Three Youths in Highway Crash Still in Hospital
Three 18-year-old Linn county residents remained hospitalized Tuesday with injuries from a Sunday traffic accident. An 18-year-old Tama resident was released Monday. John E. Steenhoek of Marion is in Mercy hospital in fairly good condition. Judy Gordon of Marion and Jan Hoeffy of Cedar Rapids are in St. Luke's hospital in fair condition. Barry G. Papesh was released. Linn sheriff's deputies charged Steenhoek with failure to yield at a through highway entrance after a U turn on a highway four miles north of Hiawatha caused a near head on collision with Papesh's car.
MENTIONED IN THIS ARTICLE
Linn County
Tama
Cedar Rapids
John E. Steenhoek
Linnview Drive
Marion
Mercy Hospital
Judy Gordon
Jan Hoeffy
St. Luke’s Hospital
Barry G. Papesh
Puerto Rico trip by Iowa officials raises cost concerns
Eleven Iowa legislators and staff attended a five day Puerto Rico conference at taxpayer expense. Estimates put per person costs at 500 to 600 dollars, totaling 5 000 to 6 000 dollars. Led by House Speaker William Harbor and Lt Governor Roger Jepsen, the trip drew criticism over previous gifts trips and focused on a revenue sharing resolution urging federal support.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Iowa
Senate
Carroll Lane
Puerto Rico
Council of State Governments
Dale Cochran
Eeagle Grove
A. June Franklin
Harbor
Rudy van Drie
Ames
van Drie
Richard Drake
Muscatine
Robert Kreamer
G.O.P
Two Manchester Men Sentenced for Thefts
Daniel D. O'Brien and Patrick G. Schanbeck, both of Manchester, pleaded guilty to two counts of larceny and received 30 day suspended sentences on each charge plus one year probation. They were accused of stealing a $10 vest from David L. Cappuch and a boots watch and class ring valued at $63 from Leonard F. Verdeck at a party on November 8.
MENTIONED IN THIS ARTICLE
Daniel D. O’brien
Patrick G. Schanbeck
Manchester
David L.cappuch
H Avenue NW
Leonard F. Verdeck
Navy chief warns of shift as Soviets build up arms
Rear Admiral Draper L. Kauffman told Cedar Rapids Evening Lions the Soviet Union is expanding its navy while the United States cuts ships aircraft and submarines. He cited about 300 ships and 13 squadrons removed over the past year and urged public support for prisoners in North Vietnam. He noted Navy pay gains but stressed need to improve quality of personnel and equipment alongside reduced hardware. He also visited the Cedar Rapids naval reserve center and presented photos to two families of sailors held in North Vietnam.
MENTIONED IN THIS ARTICLE
Ninth Naval District
Great Lakes Naval Base
Draper L. Kauffman
Cedar Rapids
Soviet Union
U.S
Kauffman
Naval Academy
North Vietnam
Hanoi
Naval Reserve Center
Arson Trial Delay Ordered in Jacobsmeyer Case
Iowa Supreme Court will decide if the high court should review a ruling suppressing a police statement by Edward F. Jacobsmeyer. Judge Ansel Chapman barred the statement after police questioned him without his attorney present. Trial, set previously for Jan. 18, is postponed with a Dec. 29 hearing before three justices. Jacobsmeyer, 53, Marion, is charged with a April 6 fire at Highway Equipment Co. The ruling cites Miranda and delays further proceedings pending certiorari.
MENTIONED IN THIS ARTICLE
Iowa Supreme Court
Clay LeGrand
Davenport
Edward F. Jacobsmeyer
High Court
Linn County
Ansel Chapman
LeGrand
Supreme Court
Marion
Highway Equipment Co
6000 Avenue NW
Chapman
U.S. Supreme Court
Arizona
Delay Action on Pollution Board
Linn county supervisors delayed action on appointing six county health board nominees to the county air pollution board of review. They questioned having a board of Cedar Rapids residents and may create a separate city board after consulting health officials. Both city and county laws require a review board to hear appeals from the pollution control officer.
MENTIONED IN THIS ARTICLE
Linn County Board of Supervisors
County Board of Health
County
Cedar Rapids
Health Board
Heritage Group Seeks Linn County Record Custody
Linn County Heritage Society asked county supervisors Tuesday to allow keeping micro filmed old records in county offices. The board noted past transfers to the University of Iowa and urged finding a local storage site in Linn County, encouraging collaboration with similar groups to locate suitable space.
MENTIONED IN THIS ARTICLE
Linn County Board of Supervisors
Linn County Heritage Society
University of Iowa
Linn County
Toolbox Stolen From Rexco Equipment Co Building
Rexco Equipment Co of Hiawatha reported to Linn sheriff's office a break in Monday night theft of a toolbox and tools valued at 500 dollars.
MENTIONED IN THIS ARTICLE
Rexco Equipment Co
Hiawatha
Linn Sheriff's Office
Two Gasoline Grades Allowed Under Iowa Law
Des Moines Iowa secretary of agriculture L B Liddy says Iowa law allows only two gasoline grades regular with octane 86 and premium with octane 95 or higher. He notes lead free gasoline described as a third grade may violate the state code and urges possible legislative change to permit its sale.
MENTIONED IN THIS ARTICLE
Liddy
DES Moines
UPI
Iowa
Secretary of Agriculture
L .B. Liddy
Agriculture Secretary
Hepker Arrested On Assault Count
Gerald D. Hepker twenty three of 931 Fourth street SW was arrested on a warrant from Justice of the Peace Glenn Powers charging him with assault and battery He is accused of striking Ray Hansen of 726 Thirty first street SE with the help of three other men November 19 at the Keg tavern. He will be free after posting 110 dollars bond.
MENTIONED IN THIS ARTICLE
Gerald D. Hepker
Fourth Street
Justice of the Peace
Glenn Powers
Powers
Hepker
Ray Hansen
Thirty-first Street
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Declines
New York Exchange
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Pierporrer
Am Ins
Gm- Tla United Group
Life Invest
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Wilson-Sinclair
Goodrich
Roy Oy
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Haili
Loral Corp Va Herraierea
Admiral
Ss Corp
Ee Orp
Ignal Co
NEW York (Ap
Dow Jones
Holi
Avera Industria Ss
Iear
Ya Bosessemroateens
Hoost Adve
Ye South Co
SouthrnRy
iKose Perryr
SunOil
Swift Co
Obe Alleg Pw
aeErly Systron Donn Allied
Jewel Co
JonnMan
Alcoa
John Jonn
Val Tektronix Pe
Hess
Am Airlin
Texas
Ameipw
Ratteo
Timken
TRW Inc la
VAL Inc
UN Carbide
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Erox Cp
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Corp
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le CrouseHind
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rowColl
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Cudahy
Panh EP
CurtissWr
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Penney JC
DanRivr
PaPwLt
PennzOn Bia Dart
Pfizer
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Disney
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Pullman
Questor
DynaAm
Va Rance Inc Ralstonp
East Air Linea
Raytheon “O
EaKodak EatonYa
Echlin
Ethyl Cp Evansp
Aird
Fansteel Inc
We Filtrol
AF Corp
Gannett
Geneseo
Garacit
Ms Wu
August le Alden
Marin
Lamson Brothers
C.R. Markets
Midwest
Montana
S. Lown
Rom Erick Ae
Ermene
Chicago Livestock
Mercantile Sechenge Gat
Danas
By Cheryl Arvidson
Jepsen
Clifton Lamborn
Maquoketa
Lee Gaudineer
Joseph Coleman
Clare
Vernon Kyhl
Parkersburg
Coleman
Kyhl
James Potgeter
Steamboat Rock
Lane
Russia
Evening Lions Club
Roosevelt Hotel
Navy
H. L. Anderson
Windsor Drive
Gary
Roland Naughton
Sixth Avenue SE
Robert Naughton
Naval District
Jacobsmeyer
Heritage Group
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