Stocks Turn Higher as Dow Rebounds on Rate Hopes
NYSE stocks rose with Texaco leading gains while DuPont cut its dividend and Chrysler posted lower earnings. The Dow climbed to 737.26 around 2 p.m. as investors priced in lower rates and the market’s resilience to weak news.
MENTIONED IN THIS ARTICLE
Chemical Bank
Texaco
Lte
Chrysler Corp
DuPont Co
NYSE
Amex
New York
Chrysler
Dow
New York Stock Exchange
Yao
Ahl Antara
Tiana
Tom Ft
NiRiCh
Tibet
Beals
Uniayer
Macy
Vetco Cilsh
Wochova
Burrus
Monsan
Minh
Winston
I Keeani
Moran Cp
DRS Moines
Iowa
Gil
Paclig
Lowa Department of Environee
Panheed
Duane Pascone
Eslat
Arnold Energy Center
Palo Femey ii
Hess
Pfizer
Crane
Eee
Heig
Cedar Rapids hog market edges lower on Tuesday
C R Markets reports a softer Cedar Rapids hog sale with Monday delivered butchers 200 to 230 lbs at 39.25, 230 to 300 lbs 34.90 to 35.00, and lighter weights and over 280 priced per weight. Packers discount 2 to 7 cents per weight grade across ranges. cattle and sheep prices listed, with various discounts and weekly receipts. Des Moines notes show mixed demand, butchers steady to 25 cents lower, sow prices stable, and No 1-3 weights across 200 to 550 lbs with specific ranges. Estimated receipts for Tuesday around 80,000, with week and year comparisons.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Des Moines
UPI
Livestock market roundup amid cold weather and slow sales
Des Moines and multiple markets report steadier hogs and cows with limited bids as snow disrupts movements. Prices show slight declines for cows while steers hold, with feeders and hogs trading mixed amid curtailed supply and holiday plant closures. Descriptions note wholesale volumes, weights, and regional price ranges across Sioux City Waterloo and other locales.
MENTIONED IN THIS ARTICLE
U.S
Cedar Rapids News Briefs Ad First Aid Course Opens
Several openings remain in an advanced first aid course starting Wednesday at 7 p.m. in the Red Cross office at 712 Third Avenue SE Cedar Rapids. The class runs Wednesdays and Thursdays through April. Also notes include a Hickory smoked barbecue special and a moving of Dr. Fredie J. Sloan’s office to Suite 4900 1030th Avenue SE Cedar Rapids. A weekly preschool story hour is set for Edgewood branch library Wednesday at 1 13 to 1 36 p.m. and a parkway dining deal offers fish or Hel stew with biscuits until 8 30 p.m. Finally Robert A Wilts of Hampton reports $297 music equipment stolen from his car at 2060 Ginus Road NE.
MENTIONED IN THIS ARTICLE
Red Cross
Fredie J. Sloan
Edgewood Branch Library
Edgewood Road
Robert A. Wilts
Hampton
Ginus Road
Three youths arrested after store incident
Three 16 year old boys and a 15 year old boy faced assault and disobeying officers charges after a disturbance at Woolworths. Police say a youth shoved the store manager into a display and fought with officers, with another youth interfering during arrest. The group of four juveniles were involved in food spillage and subsequent confrontations Monday afternoon.
MENTIONED IN THIS ARTICLE
Woolworth
Youth Bureau
Terry Miller
Turner Co Credit Union Elects Officers
Turner County Credit Union elected officers at a meeting with Dorothy DeMoss re elected president. Mary Ament and Evelyn Hollingsworth named vice president and secretary. Diane Berkenpas treasurer. Connie Switzer new board member. others re elected to board include DeMoss and Ament. Audit committee appointed. Wall coverings advertised for sale at Montrose hotel event.
MENTIONED IN THIS ARTICLE
Dorothy DeMoss
Twenty-first Street
Turner Co
Knights of Columbus Hall
Mary Ament
Mary Heil
Diane Berkenpas
Evelyn Hollingsworth
Connie Switzer
Dick Berbaum
Iyle Svoboda
Mike Pernicka
City Fire Command Reviews Manpower With Cedar Rapids Council
Fire command staff and City Air Manpower Needs met with Cedar Rapids city council members Tuesday to discuss firefighter staffing levels at each station. Chief Edsel McMickle cited personnel matters as the reason for holding the meeting behind closed doors.
MENTIONED IN THIS ARTICLE
Te Gre
Cedar Rapids
Edsel McMickle
Grains Fall in Chicago Market Clip
CHICAGO AP says farm commodity futures dropped sharply on Tuesday. Soybeans closed 16 to 20 lower at March 8.7244. Wheat fell 12 to 16 44 lower at March 3.9214. Corn slid 2 to 4% lower at March 00134. Cake moved 24 lower to higher at March £.684%.
MENTIONED IN THIS ARTICLE
Chicago
Hospital and Doctor Named in Burn Suit
The estate of Mildred Taube seeks 300000 from St. Luke's Hospital and Dr Frances Vasquez after Taube died November 11 following severe burns received in a bath while in the psychiatric ward. The suit alleges negligence in supervising her state of mind and bath water temperature, and failure to instruct staff.
MENTIONED IN THIS ARTICLE
Marion Worn
St. Luke's Hospital
Frances A. Vasquez
Mildred Taube
Zone Hearing Set on Controversial Rezoning
A public hearing is scheduled at 9 am Wednesday in Cedar Rapids city council chambers on a 50 acre rezoning request bounded by Elaine Drive Edgewood Road Hillside Drive and North extending from Twenty Sixth Street. The plan would allow multi unit condominiums and has drawn protests at zoning and planning meetings.
MENTIONED IN THIS ARTICLE
Cedar
Credit Country U.S.A. Facts and Credit Topics Explored
A compact prospectus outlines chapters on Fair Credit Reporting Act bureaus collection agencies women and credit bankruptcy wage earner plans credit cards credit unions credit life insurance and interest rates. Available from Juryl Company for $3.00 by mail to P O Box 1386 2600 32nd Street Rock Island IL 61201.
MENTIONED IN THIS ARTICLE
Fair Credit Reporting Act
Juryl Company
P.O
32Nd Street
Rock Island
Marion Man Sues Over False Arrest in Cedar Rapids Case
George P. Mundy files an $8,000 federal lawsuit against the city of Cedar Rapids claiming he was arrested after Cedar Rapids police sent a warrant to Marion police for a charge already settled. He says he was arrested at his Marion home in November and jailed, humiliated, and deprived of liberty. The suit notes he paid $36.60 on January 10, 1974, the reckless driving charge, and the related document was recalled that same day.
MENTIONED IN THIS ARTICLE
Marion
Cedar Rapids
George P. Mundy
Linn
Ha Lvin
Cedar Rapids Sets Open House for New Zoning Ordinance
City planning staff hold an open house to explain a proposed zoning ordinance touching all residents. The session runs Wednesday from 1 p.m. to 9 p.m. in the Memorial building basement on May's Island. A second meeting is planned for February 26 at the same time and location.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Civil Defense
Memorial Building
May’s Island
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