Financial and Market News From Cedar Rapids and New York
Cedar Rapids hog market prices and stock activity highlight a day of mixed trading. Major NYSE blocks include Magic Chef AT&T and Transcontinental, with Chicago and Des Moines notes on livestock prices and market breadth.
MENTIONED IN THIS ARTICLE
New York Exchange
Magic Chef
American Telephone & Telegraph
American Stock Exchange
Beverly Enterprises
Cinerama
Nff
Amrep
Menasen
Np Dé
Equity Corp
Syntex
Grains Close Higher on Wheat Rally and Soybean Dip
Chicago grains summary shows wheat closing up about 1.42 to 1.42 cents, with soybeans lifting earlier gains then slipping on profit taking. Wheat led gains, corn and oats also higher as traders assessed March contracts and futures activity amid thin commodity markets.
MENTIONED IN THIS ARTICLE
Chicago
New York Produce Market Faces Slow Demand
Prices for staples drift amid soft demand as traders report mixed activity and caution. Commodities show uneven movement with some items steady while others slip, reflecting broader market dampening in the tone of onlookers.
Price Rise in 1970 Slowed
Washington reports wholesale prices rose 2.3 percent during 14/0, with 0.1 percent gain in December to 117.8 percent of the 1857-59 average. The Labor Department notes the December index was unchanged from November after adjustments for usual seasonal changes, and that November was 0.1 percent below October.
MENTIONED IN THIS ARTICLE
Washington
UPL
Labor Department
Judge Denies Defense Motions in Mass Town Trial
Judge Joseph Thornton denied four defense requests in the mass trial of 218 defendants tied to May disturbance at the University of Town. The city motions to drop charges, sever trials, and grant a continuance were sustained, with two defendants to be tried separately. The courthouse crowd and setup were arranged, with seating limits enforced and two defendants slated for separate trials.
MENTIONED IN THIS ARTICLE
Owa City
University of Town
Joseph Thornton
Allaneys
Joseph Grobesion
J. Newman Toomey Hai
Cour
Inwa
Thornton
Royal
Ent
Frank Smiley
Civic Center
Taowata
Eourbraume
Ation
Joe Younger
Hrave Clark
Penn Rail Bill Goes to Nixon
The Senate passed a $125 million federal guarantee measure for the Penn Central Railroad to meet January payrolls. President Nixon, Iowa senators Hughes and Miller supported the majority. Senator Hartke criticized using public funds for private business, while Norris Cotton warned it sets a costly precedent.
MENTIONED IN THIS ARTICLE
Washington
Senate
Penn Central
Nixon
Iowa
Hughes
Miller
Sen
Hartke
Jie
Norris Cotton
New Hampshire
Senate Commerce
Congress
One Car Crash In Cedar Rapids Injures Two
Two Cedar Rapids residents injured in a one car crash on a county gravel road north of Fairfax. Raymond Ward age 19 suffered a cut mouth, Patty Atkins age 18 leg and arm injuries. Ward in fair condition. Atkins in good condition after Mercy hospital.
MENTIONED IN THIS ARTICLE
Cedar Rapids Post
Fairfax
Lina
Raymond L. Ward
Eighth Street
Patty Atkins
Hie Sirec
Ward
Salinas
Kan
Mercy Hospital
Alsins
Force
Isourt Valley
Conferenee Basket
Hall Games
Fea
Regan Pit
Dunes
Dayton
Ucha
Fio
City Briefs Refuse Collection Schedule Adjusted
Newspapers note a municipal notice detailing a holiday schedule for refuse collection. Friday off for department staff. Monday routes moved to cover Monday and the following week. Juries and court notices as well as local ads for businesses and services are briefly listed with assorted details and contact numbers.
MENTIONED IN THIS ARTICLE
Om Garbage Packag Issuic
Gedar Rapids
Jondéili
November Voter Turnout Put at 55 Percent
The Bureau reports 38 percent turnout from the nation in last November elections, 13 points below the 1960 presidential election but similar to four years ago. Women participation stood at 4 percent below the eligible male rate. 44 percent of eligible Negroes voted versus 51 percent of whites. In the South registered Negroes rose by about 5 points since 1960 while voting rose nearly 4 points for whites. Also notes on New Year events and local crimes including a stolen welder and tapes.
MENTIONED IN THIS ARTICLE
New York
Yar Stock Exchange
New York Exchange
Brow Hellers
Lanzard
Sansard
Evita
Gas Essaap
Ae Sco
Bea
Lena Ie
Han
York
Pepenf
Coany
Baer
Chicago
Sbi Aha Se
Salibers
Sree
Usda
Jowa Tings _DES MOINES
UPI
Fikes AM
Butcbers Belmar
Laan-Son
Chigabo
Ak Faery
Welae If Inc
Teeta
Floch
Muagaven
Fearain
Nernam
Des Moines
Babek W
Iowa
Alva
Telfer
Linn Beexman
Beech Air
Cormas
Bell
Ieee Bera
Oman
Suigvaty
Aeuel Sen
Omaha
UPN
Celyey
Ieee
Washington
Opt
A. Bipar- Sent
Tel
Sen. Seni Iit
BRT
ElMaskie
D-taine
Esreene
Bartind
Melias
White House
Lamson Brothers
Tennis Bureau
Executive Plaza
Yale
Smor Wi
Pagoda Room
Rural Sigourney Man Dies When Jack Slips
SIGOURNEY AP A rural farmer died Tuesday when a jack slipped while he worked beneath a car. Leslie Chrisman 21 of Sigourney was pronounced dead at the scene. Authorities said the accident occurred three miles east of town. The incident was reported by Mrs Eugene Mullanix of Center Point Road. Funeral services were held Thursday at St Marys Catholic Church. The victim was the son of Mr and Mrs Allen Chrisman of Wagner Sheldon.
MENTIONED IN THIS ARTICLE
Leslie Chrisman
Eugene Laund
Mra McNabb
Center Point Road
Dole Mullanix
Sixth Ave
Christie SE
Mies
Mullanix
T St
Eshaums
Davenport
Joseph's Cemetery
Parnell
Nawa
Stratars
Fred Schindter
Ave
Alcoholics Anonymous
Newline
Fourth Street
Dial Aid
Also Mentioned on This Page
C.A. Markets
Ploets
Hooword
Bega i
HEW York pRoDuce
Iils
Rita Sincago
Ness
Muskie
Penn
C.R
City Briefs
IBM
Nelson's
Sury
Jerome's
Hotel Roosevelt
Ronald Keeler
Iowa City
Quitervice
Albert's Cleaners
NE —Ady
Vernon’ Village Fortervice
Skang
Walder Stulen
Loomis Brothers Construction Co
Marth
Sixteenth Avenue SW
Mielsat Breyenson
Indiana Street
Var al
Sigourney
Jack
Pat Ag
Oxinawa
Bana-Tide
Martis Plan Mortgage Company
MorAmerica Financial Corporation
Bry
Morris Lara
Cedar Rapids
Waterll
Dubuque
Clinton
Burlington
Beftendore
Hanshalliohy
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