New York Stocks Mixed On Broad Market Activity
United Press International reports selected composite prices as of 11 20 am NYT show modest gains for some shares while others slip. Major names across industries including Allied Chemical Alcoa Exxon Dow Jones components and several consumer firms display varied movement amid ongoing trading.
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Four firms to jointly build The Communications Center
Four local communications industry firms will jointly construct a 14 000 square foot building at 1957 Blairs Ferry Road NE serving as headquarters for Han sen and Langmack Inc Dowie Outdoor Advertising KTOF FM and Jefferson Davis Associates. Design by Leo C Peiffer and Associates Architects with El View Construction Company in charge. Completion planned for August.
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Dow Falls As Chrysler Losses Drag Market
New York stocks retreat as Chrysler reports losses helping push the Dow Jones Industrial Average down 3.99 to 745.06 at midday. NYSE composite index slips to 48.51 and the American Stock Exchange index to 122.78 with 8.24 million shares traded. Midwest farm market notes include pork and beef trade slow and prices easing amid light demand.
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Priewert seeks federal aid to preserve Iowa natural areas
Iowa official Fred A. Priewert urged Congress to pass the National Diversity Bill to help inventories and protect natural heritage. Senator Culver said Iowa has less than 1,000 acres of natural prairie in public ownership, and only 5 percent of the state’s 36 million acres remain unmodified. The measure would fund state inventories and identify sites needing preservation.
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Blind climbers eye small rock routes in San Francisco
National Park Service explores teaching rock climbing to blind men and women. Ron Hamann, a Yosemite veteran, plans 10 to 15 foot climbs in Funston or Sutro parks to give participants a perceptual edge and a sense of self achievement without urging mountaineering feats.
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