Market Slips on Profit Taking Amid Moderate Trading
New York stocks traded lower at 2 pm as profit taking cooled a sharp recent rise. Dow Jones industrials fell about 2.05 points to around 16,400 while declines outnumbered advances on the New York Exchange. Analysts attributed the softness to a standard retreat after a period of gains and noted some investors rotated into alternative bets despite the downbeat tone.
MENTIONED IN THIS ARTICLE
New York
New York Exchange
Dow
Amex
Syntex
Deltona
Alamora Oil
Amrep
Midland
Cedar Rapids Hog Market Mixed With Lower Prices Tuesday
Cedar Rapids hog market prices were steady to 25 cents lower. Tuesday quantities ranged with country delivered butchers at 200 to 230 pounds, depending on grade and condition, around 15.50 to 15.75. Packers and heavier weights showed declines. No. 2 gauge notes mention various weight-grade price adjustments and delivered lots, with frozen pork bellies and related items listed in incomplete quotes. Siou x City region livestock prices appear adjacent with mixed cattle and slaughter estimates for Wednesday.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Chicago Livestock Chicago
USDA
Des Moines
UPL
U.S
Trials Feb. 22 For Two Suits Against Rath
Federal Judge Edward J. McManus set two trials for February 22 in suits against Rath Packing Co of Waterloo and United Packinghouse Workers Local 46. Rosemary Mitchell of Waterloo sues for wrongful termination dated September 20, 1958, seeking reinstatement, seniority, and 25,000 in punitive damages, alleging improper handling of alcoholism procedures and union processing. Dorothy Petersen of Waterloo and Patricia Younghlut of rural Jesup sue Rath and the union over layoffs on September 29 and October 20, 1987, claiming higher seniority than remaining male workers and a right to bump under the labor agreement. Rath maintains neither plaintiff was discharged.
MENTIONED IN THIS ARTICLE
Edward J. McManus
Rath Packing, Co
Waterloo
United Packinghouse Workers Local 46
Rosemary Mitchell
Rath
Refusig
Sally
Dorothy Petersen
Patricia Younghlut
Jesup
Payyall
Grains and livestock prices fall across Chicago market
Chicago reports soybeans down 2 to 3 quarter points while corn and wheat slide under broader commodity declines. Cash grain prices mix with No 2 wheat and soybeans showing declines, cattle and hog futures steady to softer with district reports showing varied live prices and demand.
MENTIONED IN THIS ARTICLE
Chicago
Lavik. Com
Hendry Woman Faces Weapon Charge After Tavern Arrest
Paine M Hendry a 23 year old of 723 Seventh Street SE was held in city jail on a charge of carrying a concealed weapon. She was arrested Monday night at Shaheens Fifth Avenue tavern 626 Fifth Avenue SE after allegedly threatening a barmaid with a knife. Authorities found a carving knife and a large kitchen knife in her purse. She was held awaiting a $2,000 bond.
MENTIONED IN THIS ARTICLE
Paine M. Hendry
Seventh Street
Three Youths Remain Hospitalized After Highway Crash
Three 18-year-old Linn county residents remained hospitalized Tuesday with injuries from a traffic accident early Sunday. John E. Steenhoek of Marion and Judy Gorda of Marion were in Mercy hospital, while Jan Hoeify of Cedar Rapids stayed at St. Luke's in fair condition. An 18-year-old Tama resident, Harry G., was released from Cedar Rapids hospital Monday.
MENTIONED IN THIS ARTICLE
Linn County
Cedar Rapids
John EB. Steenhoek
Linn-t View
Marion
Mercy
Two Manchester Men Sentenced for Thefts
Daniel D. O’Brien and Patrick G. Schanbeck, both of Manchester, pled guilty to multiple theft charges. They received 10 day suspended sentences on each charge and two years probation. The crimes involved a $44 theft from Leonard Verdeck and other items including a vest and watches.
MENTIONED IN THIS ARTICLE
Daniel D. O'Brien
Patrick G. Schanbeck
Manchester
Thech
David L. Capenell
Avenue NW
New
Missing Vinton Man Found Dead in Auto
An elderly Vinton man reported missing Monday afternoon was found dead in his car near Fareway grocery in Vinton. Charles Hurst, 72, had a history of heart trouble. authorities say death likely from heart attack though official cause is pending. He leaves four daughters, a son, a brother, two sisters, and twelve grandchildren. Services set for Thursday at Campbell Funeral Home.
MENTIONED IN THIS ARTICLE
Vinton
Monay
Charles Hurst
Fareway
Long Avenue
Hurst
Vale
Este
Robert Rinderknecht
Russell Rinker
Harold Lindahl
Richard Schoonover
A.J. Horst
Waterloo
Milford Nee
Marald Bridge
Federal Dam
Mint
Campbell Funeral Home
Puerto Rico trip by Iowa lawmakers sparks tax funding debate
Des Moines Iowa lawmakers including House Speaker William Harbor Lt Governor Roger Jepsen and several representatives attended a five day Puerto Rico conference paid by taxpayers. Costs estimated from 5000 to 6000 total with hotel rooms at 284 per night. The trip aimed to discuss revenue sharing with a resolution urging support from Congress.
MENTIONED IN THIS ARTICLE
Chevy Arvid
Des Moines
UPT
Iowa Legislatwe
Ts Senate
Carroll Lane
Puerto Rico
Legislative Teaders
Council of State Governments
House
William Harther
R-Henderson
Roger Jepsen
Harter
Jepsen
House Representatives
Andrew Varley
R-Stuart
G.O.P
Dale Cochran
Dbagle Grove
Harbor
Richard” Dreke
Evitc
Jacobsmeyer arson trial delay ordered by Iowa Supreme Court
Iowa Supreme Court Justice Clay LeGrand postponed the arson trial of Edward F. Jacobsmeyer to hear whether the high court will review a ruling excluding a police interview. District Judge Ansel Chapman barred the state from introducing the statement, citing Miranda. Hearing set for December 28 before three justices to decide if a writ of certiorari will be considered. Jacobsmeyer, a Marion resident, is accused of starting a fire last April at a Davenport NW building, while employed by Highway Equipment Co. Authorities say he was a striking employee at the time. Trial had been scheduled for January 18.
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RoeSsts
Eyerittdey
Dynam
Reniesh
Susi Corp
Dow Jones
New York
Ann Gana
Rheere
Ieee
Armenis
Pam
Varian Benatee
el Baet Bern
Aurits Semenate
Alors
Tels Skae Ee Fond
Bates
Altona
Pala
Givicend Amitied
Uaterra
Jap Sy
Hankwnsley
Priewe
Am Sieh
Bae
Tvestore
Nick Ou Raonan
Fos
Omaha
UPI
BS BP Ae
Hicaco
BS Banker
Mvbrimst
Chicago
Varanors Tova
Teite
Stacdardy
Pete Elce
Fucsasy
Simdards
Salle
Yaar ‘Creamery
Lamson Brothers Bs
Oper Wish LY
Pubur Tagar
Javguse
Ars Ag
Iowa Supreme Court
Clay LeGrand
Davenport
Edward F. Jacobsmeyer
High Court
Linn County
Ansel Chapman
LeGrand
Supreme Court
Ale
Highway Equipment Co
Davedle
Chapman
Delay Action on Pollution Board in Linn County
The Linn County board of supervisors delayed forming a county air pollution board of review, questioning the idea of a Cedar Rapids residents only panel. They will confer with health officials and consider a separate city board, noting county and city rules largely align on air pollution decisions and review processes.
MENTIONED IN THIS ARTICLE
Linn County Board of Supervisors
County Board of Health
Cedar Rapids
Health Board
Two Grades Of Gasoline In Law Liddy Says
Des Moines UPI reports Secretary of Agriculture L B Liddy cites Iowa law allowing only two gasoline grades. He notes new lead free fuel is labeled third grade with lower octane but contains premium components. He says enforcement follows current law, with possible legislative change ahead.
MENTIONED IN THIS ARTICLE
Liddy
Des Moines
UPI
Towa
Secretary of Agriculture
Admiral Kaufman warns of navy cuts amid Soviet buildup
A Cedar Rapids speech by Rear Admiral Kaufman, head of the Ninth Gaza district and Great Lakes base, warns that the Soviet navy is expanding while the U.S. cuts back. He cites the order to retire 300 ships and 13 aircraft squadrons over the past year, urges focus on personnel quality, and notes changes in pay, benefits, and housing to attract recruits. He also met with families of U.S. sailors held in North Vietnam and conducted a reserve center inspection during his Iowa visit.
MENTIONED IN THIS ARTICLE
Gaza District
Great Lakes Naval Base
Draper L. Kauffman
Cedar Rapids
Soviet Union
U.S
Kauffman
Naval Academy
Serywe
North Vietnam
Hanoi
Kanéfman
Admiiral
Naval Reserve Temter
Geder Rapids Navy
Sips
Heritage Group Seeks County Custody of Records
Linn County Heritage Society asks the county to retain old county records that have been microfilmed for use in county offices. The board noted it has previously provided such records to the University of Iowa but prefers a local storage site if found in Linn County. Supervisors encouraged continued cooperation to locate a suitable pilot storage facility.
MENTIONED IN THIS ARTICLE
Heritage Group
Linn County Board of Supervisors
Linn County Heritage Society
University of Iowa
Linn County
Zimfiar
al- Bandsalion
Toolbox Theft Reported From Rexey Equipotent Co
Rexey Equipotent Co of Hiawatha reported to Linn Sheriff’s Office a break in Monday night that stole a toolbox and tools valued at 300 dollars. It was Tuesday when the loss was reported.
MENTIONED IN THIS ARTICLE
Rexey Equipotent Co. of
Hiawatha
Linn Sheriff's Office
Hepker Arrested On Assault Count
Gerald D. Hepker, 23, of 921 Fourth Street SW, was arrested on a warrant from Justice of the Peace Glenn Powers charging him with assault and battery. Powers says Hepker allegedly struck Ray Hansen, 706 Thirty-first Street SE, at the Key tavern on November 1 with three accomplices. Hepker posted $110 bond and was released.
MENTIONED IN THIS ARTICLE
Gerald D. Hepker
Fourth Street
Palige
Justine of the Peace
Glenn
Powers
Heyskur
Ray Hansen
Thirty-first Street
Key
Hepler
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Iowa
Witssan
Quaker Rats
Yi Wen
Wilson-sine
C.R. Markets
Renee Yt
Sioux City Livestock
Sioux City
Pennie M. Hendry
Limshurstf
Steenboek
Ting
Leonard F. Verdeck
Papesh
Senate
Sencut
Lamborn
Maquikets
le Gaudineer
Joseph Coleman
Clare
Sen
Vernough
Parkersburg
Coleman
U.S. Supreme Court
Miranda
Arizona
Jacobs
Fur
Russia
Roostvelt Hotel
H. J. Anderson
Windsors Drive
Gary
Roland Naughton
Sixth Avenue
Robert Naughton
Naval District
Hepker
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