Stocks Slip After Rally With Mixed Blue-Chip Shifts
Wall Street teeters as profit taking cools a six day rally. Dow at 841.32, down 0.68. NYSE sees advances ahead of declines. large blocks include General Portland Cement, Williams Bros, and CNA Financial. Investors move from blue chips to speculative issues amid mixed prices on AMEX and Nasdaq-like listings.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Stock Exchange
General Portland Cement
Williams Bros
CNA Financial
American Telephone & Telegraph
Stocks Show Biggest Gains and Declines by Percent on NYSE
A New York listing details percent changes on the NYSE with net and percentage shifts from yesterday's close to today's last price. The table includes note footnotes on dividends, stock splits, ex-dividends, and special cases such as new issues and bankruptcy status.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Chicago Produce Market Report Sees Steady Demand and Light Supplies
UPI Chicago report notes total shipments 226 arrivals 13 track 84 supplies light demand fair market steady. Idaho offerings light and Minnesota North Dakota Red River Valley round reds priced 3.10 to 2.85 with varied appearances. Wisconsin sales none. New York AP USDA sale offerings inch up demand fair to good. whites fancy large 421-4412 fancy medium 37-40 fancy smalls 27-44.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Idaho
Innesota
North Dakota
Red River Valley
Wisconsin
NEW York Produce New York
USDA
Michigan First Abolishes Death Penalty in 1847
Michigan becomes the first state to abolish the death penalty with a 1846 law taking effect in 1847. The gallows remain for treason, preserving a colonial-era option for the state.
MENTIONED IN THIS ARTICLE
Michigan
Steers Strong To 25 Lower In Slaughter Trade
USDA estimates Thursday receipts at 300 cattle in Chicago. Slaughter steers fell up to 25 cents, heifers rose as much as 50 cents, with total cattle receipts at 5,000 head.
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Chicago
USDA
Market Report Chicago US cattle and sheep prices
Cattle through 5,000 head with slaughter steers over 1,150 pounds steady to weak with some 25 lower. lighter weights steady to strong. Prime 1,200-1,375 lb slaughter steers yield grades 3 and 4 28.50-29.00. high choice 1,050-1,400 lb 28.00-28.75. Heifers 950-1,400 lb yield grades 2-4 27.50-28.25. good 25.50-27.00. Utility cows 18.00-20.50. Sheep 100 head, lambs 100-108 lb wooled slaughter 24.50-25.50.
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Chicago
USDA
Meat trade report from Des Moines livestock market
UPI reports uneven demand with fairly good activity. Butchers steady to 25 cents lower and sows down up to 25 cents. Receipts Tuesday 104000, week 60000, year 42000, Wednesday 75000. Prices vary by weight class with U S 1 3 200 230 lb butchers 15.00 16.00, heavier cattle 12.00 16.50, sows 9 12.50 across sizes.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
U.S
Omaha Livestock Prices and Classifications Report
UPI notes 3,500 cattle with calves none at Omaha markets. Steers and heifers range steady to weak, cows steady. High choice and prime 1,075 to 1,200 lb steers at 28.00. 26.75 to 27.75 for choice. 24.25 to 26.75 for good and low choice. Heifers 975 to 1,010 lb at 27.10. 25.75 to 26.75 for choice. 23.50 to 25.75 for good and low choice. Utility and commercial cows 18.50 to 20.00. canner and cutter 16.50 to ?
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Omaha
UPI
Sioux City Livestock Cattle Prices Steady to Mixed
Sioux City IA AP USDA report shows cattle prices with steers 950 to 1300 pounds at 26.75 to 27.50, down to 25.50 for some ranges, heifers 850 to 1050 pounds at 25.75 to 26.75, with steady to weak demand.
MENTIONED IN THIS ARTICLE
Sioux City Livestock
Sioux City
USDA
Midwest meat prices show mixed changes in cattle and pork
AP USDA report notes choice steer beef steady to 25 lower with two point drop, choice heifers steady, good heifers down about 50. Pork cuts rise 50 to 2.00. skinned hams fall 1.00 to 2.00. seedless bellies hold steady. Steer beef 600-800 lbs at 43.50 to 43.75. heifers 500-700 lbs around 42. smaller cuts listed with varied prices.
MENTIONED IN THIS ARTICLE
USDA
Midwest Meat Trade
Cedar Rapids market reports steady to lower hog prices
Cedar Rapids hog market Wednesday seen steady to 25 cents lower. Tuesday’s bids for 200 to 230 pound butchers ranged 15.25 to 16.00, with weight-based reductions beyond 230 pounds. Sows 300 pounds down quoted 12.00 to 12.25. Packers and weight grades saw further cuts per 10 or 50 to 75 cents beyond various thresholds. Sheep and poultry quotes listed, along with delivered grain prices for No. 2 yellow corn and soybeans.
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Cedar Rapids
Cuts Inflicted On C R Man in Robbery Attempt
Ronald Wilson, 22, of 1430 N street SW, was beaten during an alleged robbery Tuesday night and treated at St. Luke's hospital for throat and forehead lacerations. He drove to a mailbox at Second Avenue and Eleventh Street SE, was attacked from behind, resisted, and the assailant fled after blood appeared. The suspect, about 6'3" and 200 pounds, remains unidentified.
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Ronald Wilson
N Street
St. Luke's Hospital
Wilson
Second Avenue
Eleventh Street SE
Grains Slip as Trade Slows in Holiday Session
In Chicago, soybeans fell over 3 cents with January at 2.92 as all other commodity futures eased. Trade was slow for year end holidays. Wheat eased, March at 1.68. Corn down 1.54, oats off about 1.0.
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Chicago
Chicago cash grain prices and oil quotes
Market bulletin lists No 2 hard red corn at 1.54 to 1.56 per bushel and No 2 oats at 55 to 60 cents. No 1 yellow soybeans trade around 2.90 to 3.00 and soybean oil near 12.00, with related cent exchanges for futures.
Penick Names Treasurer and Promotes Two Officials
Austin Sparling, longtime treasurer and CFO at Edward Hines Lumber Co in Chicago, is elected treasurer of Penick & Ford in Cedar Rapids. Sparling, a University of Minnesota graduate, and his wife plan to move to Cedar Rapids soon.
MENTIONED IN THIS ARTICLE
Austin Sparling
Edward Hines Lumber Co
Chicago
Penick & Ford
Cedar Rapids
Sparling
University of Minnesota
Barington firm announces leadership changes at Penick
Fo Lok Huston Austin Sparling and Robert L. Fisher will lead Penick and Barlington operations. Huston, former treasurer since May 1967, will stay as financial consultant after retirement. Sparling and Fisher receive top posts with Fisher named controller. he joined as accountant in 1966 and became credit manager in 1968.
MENTIONED IN THIS ARTICLE
Barrington
Ill
Penick
L. L. Huston
Sparling
Huston
Robert L. Fisher
City Briefs and Advertisements in Mercy Area
Hospitalized Roe C Mc Cabe at Mercy hospital with surgical illness. Various ads list services from Alterations and repairs to cleaners, office space for rent, and New Year promotions. Kenwood library hosts preschool story hour. blue bank deposit pouches reward offered. Arrest reported for James A Santee on assault warrant. bond set at 1000. Theft reported at Jerry Curd’s apartment. New Year hats and party goods advertised. Local service ads include rug washing, laundry, cleaning and 24 hour Clask-A-Save.
Legislator Protests Ray Inaugural Cost in Iowa
DES MOINES Iowa lawmakers plan to spend January 14 on idle acts as the state braces for Gov Robert Rays inauguration at Veterans Auditorium. A veteran lawmaker says the event will cost about 15000 and is unnecessary since Ray has already been inaugurated once. Rep Floyd Millen objects calling the gathering waste of time and recommends cancellation.
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Des Moines
Iowa
Robert Ray
Floyd Millen
Farmington
Ray
Veterans Auditorium
Iowa House Speaker Pro Tem Millen Begins Second Term
Millen, age 50, will enter a second term of office next month as speaker pro tem of the Iowa House. His first inauguration cost 10,359 dollars.
MENTIONED IN THIS ARTICLE
Millen
Iowa House
Cedar Rapids Post Office and Library Holiday Hours
All Cedar Rapids Public Library agencies except the bookmobile close at 5 p.m. Thursday. The bookmobile visits St James Methodist church on Ellis boulevard NW from 2 30 to 4 p.m. All agencies closed Friday for New Year’s. Regular Saturday service resumes at 9 a.m. Postmaster Charles Seda notes Saturday mail delivery will occur as usual. New Year’s Day schedule mirrors holiday and Sunday operations.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Charles Seda
Triple X Movie License Granted At Mason City
Mason City officials granted Richard Davis a temporary operating permit for Mini-16 to open a theater in Mason City with a $10 daily fee until April 1. The council delayed full effect of the license to comply with an old ordinance, prompting an emergency session after Davis announced plans to open Wednesday amid prior suit actions in Fort Dodge and ongoing legal entanglements over his chain of theaters.
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Mason City
UPI
Richard Davis
Davis’ Corporation
Davis
Des Moines
Ttheater
Fort Dodge
William Hansen
Iowa
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