Financial and Market News Shares Bounce Back
New York stocks recovered from earlier losses in moderately active trading. The Dow and broader market narrowed the loss to about 7 to 5 in favor of declines over advances as profit taking weighed on prices. Memorex trading paused on the Big Board awaiting a company announcement planned for 6 45 p.m. Memorex last traded down 7 5 to 73 5. Manufacturers Hanover was.
MENTIONED IN THIS ARTICLE
NEW York
New York Exchange
Memorex
Hanover
Iowa Interest Stocks Rise Amid Exchange Updates
The report lists various equities and percent changes from the New York Stock Exchange and Amex after market moves. Notable entries include Amrep and Puritan Fashions with mixed performance, while Xerox and Zale show substantial percentage shifts as of today’s close.
MENTIONED IN THIS ARTICLE
New York
Ceew
Stock Exchange
Grains end on high note in Chicago market report
CHICAGO AP soybeans rose nearly five cents on heavy buying and short covering. Corn and wheat gained about two cents as oats rose 14.2 cents. Soybeans closed about 5 higher for January at 2.9642 per bushel, with corn up 2, Dec price 1.50 percent, wheat up 2 percent, Dec price 1.64 percent, oats around 1 percent higher for Dec at 85.
MENTIONED IN THIS ARTICLE
Chicago
$800 Loss in Cedar Rapids House Break In
A house break in Monday in Southwest Cedar Rapids netted burglars but valued in excess of $800. Maynard Hall reported his home at 5720 Colorado Drive SW was entered and a 500 dollar color television set was taken. Four shotguns and a .22 caliber rifle were stolen, valued at about 375 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Maynard Hall
Colorado Drive
Industrial Output Dips 0.6 Percent in November
Washington AP report shows industrial production fell 0.6 percent in November due to declines in business and defense equipment and in industrial materials, as released by the Federal Reserve Board on Tuesday.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Chicago cash grain market report summary
Chicago grain prices show wheat at 1.63 for hard 1 class and soft red 1.70, corn No 2 yellow at 1.52, beans No 1 yellow at 2.92, and oil 12 cents per unit amid AP transmission from Chicago market desk.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Produce Market Dull As Prices Mixed
UPI report shows total shipments 224 arrivals 20 track 92 and light supplies with fair demand in Chicago. Idaho Russet Burbanks sell 5.00 late Monday and Minnesota North Dakota Red River Valley round reds fetch 2.80 early Tuesday amid a generally quiet market.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Idaho
Egg market report from New York on Tuesday
New York wholesale egg offerings were generally adequate with fair demand. Standards 40 to 41 1/2 for nest Fancy large price 42 to 44, Fancy medium 38 to 40, Fancy small. Butter offerings at penny prices. Creamery eggs quoted scores 93 and 7 1/34 to 7 2/4 cents per dozen. Irregular demand overall.
MENTIONED IN THIS ARTICLE
New York
USDA
Wednesday Estimate Receipts For Chicago Demand Declines
Official USDA figures show Wednesday receipts for Chicago totaled 5,500 head. The report notes data fragments indicating potential market activity but lacks full detail.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Chicago cattle market report shows varied pricing by class
Chicago cattle prices from AP and USDA show slaughter classes steady with prime steers at 1337 pounds yielding 28.00 for yield grades 3 and 4. High choice prime loads 1000 to 1175 pounds range 27.75 to 28.00, choice 1000 to 1200 pounds 27.00 to 27.75, and high choice 940 to 1025 pounds heifers around 26.50. Mixed good and choice 825 pounds cows around 25.75, utility to commercial cows at 17.25 to 75.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Iowa Hog Prices and Trade Activity Report
Des Moines based market roundup notes active trade and steady to 25 cent lower prices for butchers, with sows steady. Estimated receipts: 100000 Tuesday, 114000 week age, 87000 year age, 104000 Monday, and UPI data on live hog weights and price ranges across several weight brackets.
MENTIONED IN THIS ARTICLE
Iowa Hogs Des Moines
UPI
U.S
Dressed Meats Market Report From Des Moines Area
USDA-AP Midwest carrot meat trade update notes steady steer and heifer beef while pork shows price gains. Boston butts and skinned hams move within narrow ranges with varying weights, seedless bargains and 14 to 20 pound skinned hams listed, prices shown for 39 to 42 dollars per hundredweight and related cuts.
MENTIONED IN THIS ARTICLE
DES Moines
USDA
Mont Sere
Midwest
Boston
Cattle market report from Omaha dairy and beef sales
Omaha cattle trade notes 7500 cattle and 75 calves sold with steers and heifers steady to strong, cows steady. High choice and prime 1050 to 1225 lb steers at 26.50 for a load of 1275 lb, choice 25.75 to 26.75, good and low choice 24.00 to 26.00. Heifers 850 to 1053 lb at 25.00 to 26.15 for choice, good and low choice 24.25 to 25.75, utility and commercial 17.50 to 19.00, canner and cutter 16.00 to 17.00.
MENTIONED IN THIS ARTICLE
Omaha
UPI
RTLE
Weghorn
Grain and hog market roundup from Cedar Rapids Tuesday prices
Prices for No 2 yellow corn at 1.32 a bushel and No 2 yellow soybeans at 2.78. Oats at 0.70 per 38 pounds. Hog market stayed steady Tuesday with country and plant delivered butchers 200 to 230 pounds at 15.00 to 15.50. Packers and heavier hogs saw discounts by weight with various reductions for weights above 230 pounds.
MENTIONED IN THIS ARTICLE
Yi Indus Med
Cedar Rapids
New Mexico State Fair Hobby Show Showcases 25000 Items
Albuquerque AP notes about 25 000 items displayed annually at the state fair hobby show. Exhibits include gem and button collections and antique automobiles.
MENTIONED IN THIS ARTICLE
Albuquerque
New Mexico
Sioux City Livestock Prices Report
Sioux City market notes cattle 5,500 head with no calves. Slaughter steers steady to strong and heifers steady. Choice slaughter steers 950 to 1,250 pounds fetch 26.00 to 26.50. Choice slaughter heifers 850 to 1,050 pounds bring 25.00 to 25.50.
MENTIONED IN THIS ARTICLE
Sioux City
Paris Renames Etoile Circle as Place Charles de Gaulle
In Paris the Etoile at the Champs-Elysees was renamed Place Charles de Gaulle three days after De Gaulle’s death. Premier Chaban-Delmas attended the ceremony with Didier Bel. Police moved to clear several hundred protesters shouting both pro and anti renaming chants.
MENTIONED IN THIS ARTICLE
Paris
Charles de Gaulle
Champs-Elysees
de Gaulle
Jacques Chaban-Delmas
Etoile
Didier Belfour
Charles de Gaulle- Etoile
Postal Service Says Zip Code Directory Is Not Official
The U S postal service accuses a firm of false representation for selling a National Zip Code Directory by mail as an official guide. If a civil decision becomes final, the post office could stop deliveries to the firm’s boxes in Washington and Silver Spring. The 122 page directory was sold for 2 50 under the same title as the official 1 733 page guide priced at 10.
MENTIONED IN THIS ARTICLE
Washington
UPI
U. S. Postal Service
Postal Service
D. C
Silver Spring
Albert C Fritz 79 Dies in Iowa Community Rites Thursday
Albert C. Fritz 79 a farmer from the Walker area died Monday in a Cedar Rapids hospital. Born November 26 1891 in Maugunsville Pa he married Anna A Ockenfels May 1 1917 at Norway. Survived by wife five daughters two sons 32 grandchildren and 14 great grandchildren a brother and a sister. Services Thursday at 10 am at St Marys Catholic Church Urbana burial at St Marys Cemetery Spencers Grove. friends may call Murdoch chapel Walker after 7 pm Tuesday Rosary Wednesday at 8 30 pm
MENTIONED IN THIS ARTICLE
Walker
Albert C. Fritz
Cedar Rapids
Maugunsville
Anna A. Ockenfels
Norway
Fritz
St. Mary’s Catholic Church
Urbana
Paul Duello
Brandon
Don Hall
Carol Erland
LaPorte City
Paul Smith
Center Point
Ronald Haddad
Santa Maria
Calif
Lester
Melvin
John
Riverside
Nan Fritz
Williamsport
St. Mary’s
Spencers Grove
Jerry A. Whitmore Accused of Assault
Jerry A. Whitmore aged 54 of 412 Fourth Street SW was arrested Monday on an assault and battery charge. His wife Elsie filed the accusation before Justice Glenn Powers alleging a Dec. 14 beating. Whitmore appeared in court with a preliminary hearing action due Friday and is held in Linn county jail on $110 bond.
MENTIONED IN THIS ARTICLE
Jerry A. Whitmore
Fourth Street
Whitmore
Elsie
Justice of the Peace
Glenn Powers
Powers
Linn County
Safety gains cut U S highway deaths in 1970 despite more driving
Government auto safety chief Douglas Toms says the 1970 death toll should fall to about 55,300, a 2 percent drop from 1969, with a possible 7 percent decrease in 1971. Safer equipment including lap belts energy absorbing steering columns and impact resistant glass are credited, alongside road and licensing improvements. Toms notes ongoing pressure for further auto safety upgrades such as air bag systems.
MENTIONED IN THIS ARTICLE
Washington
Toms
Ralph Nader
Detroit
Andrew Pohlena Plant Sold to Cedar Rapids Buyer
Andrew Pohlena Plant, maker of meat products at 927 Second Street SE, has been sold to Donald Cerwick of Cedar Rapids. The plant will keep its name under Cerwick, sale effective December 1 with the retirement of Andrew Pohlena. The business began about 200 years ago as Kapoun and Pohlena, with Andrew taking sole ownership three years later and running it with his son Milton.
MENTIONED IN THIS ARTICLE
Andrew Pohlena and Son
Donald Cerwick
Cedar Rapids
Second Street
Cerwick
Andrew Pohlena
Panel Urges Massive Govt Drive to Fight Heart Disease
A 100-expert commission urged a federally funded nation wide program to prevent coronary heart disease. The plan calls for revamping food production, diet changes, ending cigarette advertising, and screening and treating high blood pressure, with a long term national policy on preventing atherosclerotic diseases. President Wright of Cornell urged action in the 1970s and a high level panel to direct studies on diet’s role.
MENTIONED IN THIS ARTICLE
New York
Inter-Society Commission For Heart Disease Resources
American Heart Association
U.S
Commission
Irving Wright
Cornell University Medical College
Wright
Spain Faces Arrest Rites as Franco Extends Emergency Powers
Gen Franco authorized unlimited arrests across Spain after a one hour cabinet meeting as verdicts near in a Basque separatist trial. Prosecution seeks death for six, and long prison terms for ten accused of rebellion and terrorism amid riots and a kidnaping of West German Consul Eugene Reihl. Three hundred artists protested a trial at Montserrat monastery.
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Madrid
Franco
Spain
Eugene Reihl
San Sebastian
Beihl
Burgos
Montserrat Monastery
Barcelona
Ancient hunters wore helmet and collar to wade near waterfowl
A historical note describes Chinese hunters in ancient times using a helmet and a large collar to float close to birds undetected, enabling them to seize waterfowl by hand. The fragment mentions Kane Senter Siey FRO Weik tat- as a source or attribution.
MENTIONED IN THIS ARTICLE
Kane Senter
C R Man Elected As Director Of Hy Vee Stores
Lyle DeMoss manager of Hy Vee store No 4 1556 First avenue NE named toHy Vee Food Stores Inc board for 1971. Dwight C Vredenburg reelected president. Ralph Baker Wilson B Clemons Marion M Coons and Al Swanson named vice presidents. Coons as treasurer. D R Davidson and Harold Stange named assistant vice presidents. Kenneth Crist named controller and secretary. Vernon Scott named assistant secretary. Hy Vee Food Stores headquartered Chariton operates 76 grocery outlets in IA MO MN and three Drug Town stores. 1970 sales exceed 164000000 a company record.
MENTIONED IN THIS ARTICLE
Lyle DeMoss
Hy-Vee
First Avenue NE
Hy-Vee Food Stores, Inc
DeMoss
Dwight C. Vredenburg
Ralph Baker
Wilson B. Clemons
Marion M. Coons
al Swanson
Coons
D. R. Davidson
Harold Stange
Kenneth Crist
Vernon Scott
Hy-Vee Food Stores
Chariton
Iowa
Missouri
Minnesota
Drug Town
More Reductions In Employment By Collins Radio
Collins Radio announces further personnel adjustments as business slows in aerospace and electronics. Cedar Rapids plant employment fell to about 8,000 in December from a peak above 12,000, with both production and professional workers affected. Other Collins facilities face similar cuts amid Boeing 747 reductions.
MENTIONED IN THIS ARTICLE
Collins Radio Co
Collins
Cedar Rapids
Boeing Aircraft
Open House in NDP Thursday Oak Hill and Riverside
An open house for the Neighborhood Development Program in Oak Hill and Riverside is set for 1 30 to 8 p m Thursday at the Riverside roundhouse 40 Fourteenth Avenue SW City planning staff and consultants will answer questions on all phases of NDP If weather is bad Thursday the event will be postponed to Friday
MENTIONED IN THIS ARTICLE
NDP
Oak Hill
Riverside
Riverside Roundhouse
Fourteenth Avenue SW
City Department of Planning and Redevelopment
Governor Magoffin Resigns in Civil War Kentucky
In 1862 Beriah Magoffin resigned as Kentucky governor due to sympathies for the South. He was succeeded by James F. Robinson.
MENTIONED IN THIS ARTICLE
Frankfort, Ky
Beriah Magoffin
Kentucky
James F. Robinson
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