Stocks Off Slightly As Market Slips Amid Tough News
New York stocks dipped Friday as adverse economic data cooled rally. Dow averaged 602.24 at 2 p.m. and NYSE leaders saw slim gains. leading indicators fell 15 percent in November. trade deficit widened. Texaco and Getty Oil moved little despite oil news. Amex and other issues saw mixed performance.
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NEW York
Jones
Sosers Heid
New York Block Exchange
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Tate
Cedar Rapids hay market and cattle prices fluctuate Friday
Market notes from Cedar Rapids show hay prices steady to firm for various grades and plant deliveries. Cattle and hog quotes mix across packs and packing plants with cows and sows listed, while New York grain and livestock futures hint at broader movement, including some price shifts in feeder cattle and dairy products.
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Hursttay
New York
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City Briefs Wire Thefts Across Iowa Towns
Local notes report multiple small thefts including a 200 dollar color TV in Twa Ble' trie Ca., two calculators valued at 200 dollars, a coal valued at 80 dollars with 21 dollars cash, and a 22 rifle with shells totaling 4 dollars taken from residences on Fourth Street NW and Thirty Street SB. Also mentions bonds and a radio valued at 200 dollars, with various ads for shops and services.
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James J. Patterson
Twa
Tuck
Itis
Chris M. Pyouek
Fourth Street
Nadia
Robert Musrave
Blairs Ferry
Grain market rise on export demand and weather signals
Chicago grains firm as export buying, led by Japan, lifts wheat and corn. Weather factors and potential snow impact feeder cattle zones weighed on nearby stocks. Wheat No 2 hard red winter near 4.63 per bushel, corn around 3.63, oats about 1.03.
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Chicago
Japan
Tabwin
Magistrate Court Delays Guilt Finding in Marijuana Case
Magistrate Anthony Scolave grants a notably brief deferred sentence to Joseph Kolz of Montivette after a guilty plea to possession of controlled substances. The judge says he did not believe the state could convict and notes the defendant pleaded for expediency to resume classes in Colorado. The case notes hashish and marijuana involvement with Oct. 11 date.
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Anthony Scolave
Monticella Antin
Joseph Kolz
Montivette
Fudge Seolan
Kota
Colorado
Katz
Three Cases Sent To Linn Grand Jury
Washington AP report says three people appeared in district court and were bound over or sent to the Linn grand jury after cases tied to a Watergate era investigation were folded into the grand jury process. Linda Lewis bound over for forging a check. Danny Leonard bound over for two charges of breaking and entering. jurors to hear December proceedings and closing arguments.
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Washington
APY
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le Watergate
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Bill
Anco
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Fifth Ave
Nore
Sirica presses for argument completion in Nixon case
Judge Sirica urges swiftly finishing proceedings as jurors will hear final instructions before a weekend break. The defense and prosecutors debated witness and tape issues, with Stein and Strates presenting closing arguments. Focus remains on the Watergate conspiracy links to former President Nixon and aides, notably Mardian’s role and memory disputes surrounding testimonies.
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Strates
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Mardian
Magistrate Dismisses Charges Against Two Defendants
Charges against Mlen Korsma of 78 Third Avenue SW and Christopher Harper of 409 Party-First Street NE were dismissed Thursday in magistrate court. Korsma faced a contributing to delinquency of a minor count for December. Harper was charged with possession of a controlled substance, amphetamines, on December 15.
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Mlen Korsma
Aveue
Christopher Harper
First Street
Dee
Man Is Fined for Defrauding Innkeeper
Harald Howard was found guilty in magistrate court of defrauding a hotel keeper. He was fined $25 and costs for the offense involving Wentworth cafeteria on December 4.
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Harald Howard
Nables
Two Plead Guilty of Assault and Battery
Two defendants pled guilty in Magistrate court to assault and battery. Kenneth Mayo of Hampden Drive NE received a 10 day jail sentence for assaulting Pamela Mayo on December 10. Freddy Clemons of Fourth Avenue SE drew a one day jail term for allegedly assaulting Debora Clemons on December 4.
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Kenneth Mayo
Hampden Drive
Pamela Mayo
Freddy Clemons
Fourth Avenue SE
Debora Clemons
Man Fined $300 on Drunk Driving Count
Orville Michels of 700 Thirty fifth street Marton pled guilty in magistrate court to a drunk driving charge. He was fined $300 and costs. He was arrested December.
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Man
Orville Michels
Thirty- Fifth Street
Marton
Magistrak
Deeth
Pair Charged in Haine Burglary Case
Police charged Albert Knowles and Steven Hepperle with aggravated burglary for the Dec 4 home invasion of Elizabeth Bina at 28 Mild Street NW. They allegedly took cash, a TV, clock radio, and two electric quilts, with $105 cash recovered. Both faced additional burglary and possession counts and were held on bonds.
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Albert A. Knowles
G Avenue NW
Steven B. Hepperle
Bina
Knowles
Hepperly
Grilten
Wilowles
Ubstudy
Police fire damage hits range windows. no arrests
Damage to all storage shed windows at the police department pistol range on Old River Road SW was discovered after 11 30 p m Thursday. Estimated loss is 75 dollars. Police say shooting damaged the windows with a firearm. No arrests were reported.
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Polite Dej
Old River Read
Cedar Rapids Council Ends Session In Exec Meeting
Cedar Rapids council went into an executive session mid-morning Friday to discuss personnel and legal matters with City Attorney Dave McGuin and considered a proposed new pay plan with officials.
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Cedar Rapids
Don Canney
Dave McGuin
Des
New Jobless Benefit Claims Hit Record High in November
Washington data show new unemployment claims jumped 12 percent in November to 440000, surpassing April 1958's record as leading indicators fell 1.5 percent for the month and 7.3 percent since July. The trade balance swung to a 1.9 billion deficit while imports remained sugar-heavy.
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Washington
Commense Department
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