Stocks Slip as Investors Read Signals on Rates
New York stocks eased in moderate trading as traders weighed remarks by Treasury officials about borrowing demand and the potential impact on interest rates. The Dow Jones average fell about six points in early trading, with notable declines in Illinois Central and Homesake Mining while Amex and NYSE indices showed mixed moves.
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Rip Van Winkle Group Plans Dance
Rip Van Winkle group announces a community dance to be held this weekend. The event features a catered reception by Poultry Dresser Meats and aims to raise funds for neighborhood projects. Local volunteers invite residents and nearby groups to attend.
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Rip van Winkle
Plans Dance
Cedar Rapids hog market tumbles as prices drop across grades
The Cedar Rapids hog market Tuesday showed lower bids with butcher weights 200 to 230 pounds at 39.00 to 29.50 dollars, sows down to 34.80-? and various weight grades discounted. Iowa Des Moines and Omaha reports reflect widespread declines, with No. 1-3 200-230 pound butchers near 38.50-39.50 and sow prices sliding to mid 30s. Trade activity described as moderate to fairly active across regions, with lighter weights weaker and heavier hogs following packer pricing patterns.
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Des Moines
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City Briefs Highlights Of Local Events And Incidents
Metra Kiwanis Bruce Grady presents a talk on transcendental meditation for ladies night at Montrose hotel. Multiple advs detail dining specials, local services, and small thefts including jewelry and a tape deck burglary alongside library closure and community club notices.
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Metra Kiwanik
Bruce Grady
Montrose Hotel
Linn County High Court Appeal Over Statement Rule
Linn county attorney appeals a district ruling suppressing a confessed statement by Dan J. Smith 18 charged with larceny of a motor vehicle. Judge William Eads said the statement, taken 15 days after arrest without defense counsel present, violated rights and Miranda guidance. The state seeks review by two supreme court justices with written arguments due by Feb 21.
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Quaker Oats Declares Dividends In Chicago
Quaker Oats Co directors declare a 20 cent per share dividend on common stock and a 73 cent quarterly dividend on preferred stock. Payments set for April 19 to holders of record March 21 for common and March 31 for preferred. The Chicago based food and goods maker operates plants including Cedar Rapids as its largest.
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Chicago
Quaker Oats Co
Quaker
Cedar Rapids
Grains Take Sharp Drop On Monday Trading
In Chicago, liquidation mainly hit the soy complex as futures fell. Soybeans slid 7 to 13 cents, March prices around 3.99, wheat dropped 12 to 24 cents with March near 3.88, corn down 3 to 19 cents at 3.09, and oats mixed 4 cents lower to 4 higher around 1.60.
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Boycott Planned at UJ Cafeterias by UFW Supporters
Iowa City report details a planned boycott of University of Iowa cafeterias by United Farm Workers supporters over nonunion lettuce. About 50 students fasted three days to protest expensive lettuce purchases and a rally ended with peaceful occupation of President Willard Boyd's office.
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State of Iowa Utilities Commission Hearing Summary
Iowa utilities officials, including Chairman Eras Magra and Commissioner Bock, convened in Des Moines on January 24 to review a case involving the Cedar Rapids and Cedar Monlatpa airports. The proceeding focused on a proposed intercity exchange and regulatory actions under Chapter Wa and the code of Iowa, seeking necessary certificates and authority for a prospective carrier link.
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Credit and Debt Topics Guide for Consumers Available Now
A firm offers a book covering Credit Buréaus Fair Credit Reporting Act Collection Agencies Women and Credit Bankruptcy Wage Earner Plans Credit Cards Credit Unions Credit Life Insurance Interest Rates. Available only from our firm. To order mail $3.00 to Juryl Company P.O. Box 356 2600 32nd Street Rock Island IL 51201.
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P.O. Box
32Nd Street
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