Stocks Turn Upwards After Week's Decline
New York AP dispatch reports the Dow Jones industrial average rose to 622.89 by 2 p.m. after a sharp decline last week. Analysts cite uncertainty over economic recovery and potential rate hikes as factors, with the broad market index edging up 0.15 to 45.99 as more issues declined than rose.
MENTIONED IN THIS ARTICLE
New York
APY
Monte Gordon
Dreyfus Corp
Dow
New York Stock Exchange
Eddy Trial Delayed In Grain Fraud Conspiracy Case
Eddy of Independence accused of conspiracy and bribery in connection with alleged grain short weighing. Trial date reset after confinement. case alleges 122 truck loads were under weighed and credits given beyond actual load. The federal suit targets Eddy and his company Cargill Tye.locas.
MENTIONED IN THIS ARTICLE
Eddy
Independence
Independence Wholesale Co
Mee Prain
Cargill, Tye.locas
Federal District Court
Cedar Rapids Market Slumps Across Livestock and Grain
Cedar Rapids market notes show lower demand with cattle and pig prices slipping. Bulk country and plant delivered butchers 200-230 lbs fetch 48.50 to 49.50, sows down, over 300 lbs 50 cents per extra weight, and lambs and sheep mixed. Grain bids include No 1 yellow corn at 2.07 and oats around 1.50, while regional reports from Omaha and Sioux City reflect softer cattle and mixed hog and lamb activity.
MENTIONED IN THIS ARTICLE
Omaha
Apkusoa
Reed U.S
Singhlir
Des Moines
USDA
Lowa
Minnesota
U.S
Dividend Declared by MidAmerica Publishing Corp
MidAmerica Publishing Corp has declared a Great-a share dividend to stockholders of record December 20. The company operates the Vinton Curk or Valley Times and the Marlin Sentinel.
MENTIONED IN THIS ARTICLE
MidAmerica — Publishing Corp
Dee. J
Mid America
Vinton Cukor Valley Times
Marlin Sentinel
Beans and Corn Suffer Losses on Chicago Board Futures
Chicago futures weakened across grains and livestock with soybeans and soy oil leading declines. January soybeans closed down sharply, wheat, corn, and oats also lower, while live cattle and hog markets posted mixed to lower quotes. Des Moines and New York wholesale notes reflect subdued demand and steady to lower prices across grains, meats, and dairy.
MENTIONED IN THIS ARTICLE
Chicago
Chiccago Board of Trade
New York
API
USDA
Man Accused of Escape Attempt at Linn County Jail
A 19-year-old Cedar Rapids man serving seven months of a one-year robbery sentence was caught late Saturday while attempting to escape Linn County Jail. Steve Ramey was arrested about 10:55 p.m. as he emerged from the linking corridor to the Linn County Courthouse. Deputies reported hearing digging and scraping noises earlier, and charged Ramey with attempted jail escape.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Linn County
Linn
Steve Ramey
de Lugnel
Depu- Liss
Ramey
Area Enlistees Named at Local Recruitment Stations
Area enlistment lists reveal Navy and Army recruits from Cedar Rapids, Marion, Tipton, Dyersville, and nearby towns. Navy enlistees include Christenson, Hess, Franks, Crandall, Plate, Hoover, and Waters. Army enlistees cover Newc anth, Cunningham, Hachey, Shrats, Cornwell, Caine, Gartner, Floyd, and Rosekrans.
MENTIONED IN THIS ARTICLE
U.S. Army
Navy
Wichade
Chris Christenson
Fourteenth Avenue
James Hess
Route Three
Cedar Rapids
Randy Franks
FAA Checks Three More Near Misses
FAA investigates three near misses near Chicago within a two hour span around O’Hare. A Teams World Airlines Boeing 727 with 77 aboard narrowly avoided a United Airlines 727 over Lake Michigan, 50 miles northeast of the airport. Two other incidents involved a North Central Convert 580 turboprop and a Cessna 421 near O’Hare, and a TWA 429 flight and a Jet Commander near South Bend, Indiana, with formal reports still pending.
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FAA
Neal Callalan
Teams World Airlines
United Air Lines
Lake Michigan
O'Hare
North Central Airlines
Janesville
Wis
Wheeling
TWA
Pittsburgh
South Bend
Ind
American Airlines
Michigan
Two Injured in Intersection Crash in C R
A Sunday afternoon crash at First avenue and Fifteenth street West left two people injured. Darlene J. Coonfare 49 of Manchester and Onis J. Prindio 72 of Lamont were treated at St. Luke's hospital and released. The turning vehicle was driven by Steven C. Bouska 22 of 1600 Fourteenth avenue SW. The other car was driven by Wesley W. Devontare 50 of Manchester. The incident occurred at 1 45 p m.
MENTIONED IN THIS ARTICLE
Darlene J. Coonfare
Manchester
Onis J. Prindio
Lamont
St. Luke's Hospital
First Avenue
Fifteenth Street West
Wesley W. Devontare
Fifteenth Street
Steven C. Bouska
Fourteenth Avenue
Wedelstedt Trial Begins in Cedar Rapids Arson Case
Jury selection started in the third arson trial of Edward J. Wedelstedt in Linn County. Prosecutors accuse him of procuring the fire that destroyed the Salty Dog tavern on October 4, 1974. A previous trial ended in mistrial and a later guilty verdict was overturned on appeal.
MENTIONED IN THIS ARTICLE
Edward J. Wedelstedt
Cedar Rapids
Linn
Harold Vietur
Wedelstedt
Verdet
Cerro Gordo
Hige Vielac
Man Accused of Trespass at Nine's Plaza
Thomas T Chase of Wisconsin, IR, charged with criminal trespass after refusing to leave Nine's Plaza at 1545 First Avenue SE following a disturbance. He was released on a 125 dollar bond.
MENTIONED IN THIS ARTICLE
Thomas T Chase
Wis
Nine's Plaza
First Avenue SE
Poke
Chase
Re-evaluation of Squaw Creek Lake Began
Linn county and Cedar Rapids officials began a total re evaluation of a proposed lake at Squaw Creek park planning to update cost figures for the ten year old project. a new ballpark figure will be submitted on Dec 15 as part of a broader effort to advance the lake at Squaw Creek despite previous bond funding hurdles.
MENTIONED IN THIS ARTICLE
Linn County
Squaw Creek Park
Linn
Linn County Conservation Board
Board of Supervisors
Cedar Rapids
Marion Park Commissioners
Linn, County Regional Planning
William Harrington
Herb Berry
Harrington
Berry
Conservation Board
Squaw Creek
Pinlon Ridge
Wash Debate Finishes Strong at Lee University Meet
Washington high school debate squad place second in the Iowa fa conference held at Lee University of Iowa. The affirmative team Kim Noles and Mark Weinhardt went undefeated while the negative Rich Lerkwick and Mark Harris dropped one round. Jon Druker finished 4th in extemporaneous speaking. In a separate item Earl Raymond Beach, 73, died with funeral plans set for Reynolds chapel. his body found Saturday evening. Verlyn Selkems, 41, is hospitalized with a broken jaw after an altercation at the Czech Son.
MENTIONED IN THIS ARTICLE
Washington High School
Lee University of Iowa
Kim Noles
Mark Weinhardt
Rich Lerwick
Mark Harris
Jon Druker
DELTA
Earl Raymond Beach
Reynolds Funeral Chapel
Mr. Beach
Donald
Grinnell
Dorothy Fisher
Minois
Rulyye Klein
Vernon
Verlyn Selkem
Dysart
Wake’s Hospital
Selkems
Pons
Man Charged With 6 Murders In South Carolina Corn Field
James Judy, 23, of Charleston, charged with murder in the killings of four men and two women whose bodies were found buried in a corn field near state highway 341. Police say two more could face charges as investigations point to a possible car theft ring. One victim identified as Johnny Sellers, 38, of North Charleston who had been missing since June 1974. Pathologists at the Medical University of South Carolina will try to identify the remaining victims. Reports suggest at least four of the six victims were shot execution style.
MENTIONED IN THIS ARTICLE
Lake City
S.C.A
South Carolina
James Judy
Charleston
Johnny Sellers
Sellers
North Charleston
Melicat University of South Carolina At
Columbia
Moyulay
United Way Falls Short of Goal in Linn County Drive
United Way campaign chair Emrett Scherrman reported 83.2 percent of the $1,442,691 goal raised or pledged, totaling $1,200,897, with hopes to finish by midweek. Federal employee contributions in Linn County reached a record $14,115, with 53 participants, up from 466 last year. Proceeds allocate 8 percent to United Way, 16 percent to national health agencies, and 5 percent to international service agencies.
MENTIONED IN THIS ARTICLE
Emrett Scherrman
United Way
United Way Board
Scherrman
Linn County
Inflation rate seen to ease with moderating food prices
Washington officials forecast the inflation rate could drop to around six percent next year as food and energy costs ease and worker protections rise. Assistant Commerce Secretary James Pate noted gains from late 1974 but warned unknown factors like fuel prices could disrupt the outlook. Energy costs may hold steady or rise slightly if OPEC prices stay firm and the $2 per barrel import fee is dropped.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce
James Pate
Pate
Treasury
Gerald Parsky
Organization of Petroleum Exporting Countries
Parsky
Two Women Held On Check Forgery Charges
In Linn county two women face forgery charges after Friday arrests tied to passing checks under the name Dennis Strauss. Dreina M Strauss, 28, and Julit A C Hodge, 26, are held with bonds set at 10 125 and 5 000 respectively.
MENTIONED IN THIS ARTICLE
Linn County
Dreina Marlene Strauss
Second Avenue SE
Julit Ann Collins Hodge
Tenth Breet SE
Dennis Strauss
Hodge
Strauss
Kmart
Dennis C. Strauss
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