Stocks Off Sharply Amid Urban Development Worries
New York trading fell as profit taking and the dollar’s strength pressured stocks. The Dow down 12.21 to 224.73, NYSE index off 1.03 to 76.34, with Xerox sliding 4 1/8 to 74 1/8 after FTC rejected a prior antitrust settlement. Urban Development Corp bond notes looming over sentiment. Gov Carey said banks hadn’t committed aid.
MENTIONED IN THIS ARTICLE
New York
Urban Development Corp
New York Stock Exchange
Wall Street
Hugh Carey
Xerox
Federal Trade Commission
NYSE
American Stock Exchange
Futures See Sharp Drop In Chicago Board Markets
In Chicago trading, commodity futures fell sharply with soybeans down 10 to 16 cents a bushel, March at 6.24. wheat eased. corn slid 2 to 6 cents. oats declined to 1.60. Des Moines and other markets reported slow hogs sales, steady to higher prices for select cuts, and mixed cattle and grain movement amid storms.
MENTIONED IN THIS ARTICLE
le An Cai
Beesier
Abr
al Ruletone
Trenoti Co
Henig
Mel Per
Holiday
Bert
New York
KunGet
Kayserr
Acland
Shioyt
Lee Abe
Macks
Klis Bendix
Bally
Boeing Bi
Bolse Cas
Sina Brursven
Atin Buriind
Borner
Tnt
Hk Pal
Hemel
Peigen
Ross Norns
Monona
Uae
Elaine AM
Dupont
Chicago
Lameon Brothera Enna
Ain Falun
Yao
Marcie
Ain, En
Atk Sn Sam Vis
Board of Trade
UPI
Asta
Rolior Rites
Chiewan
Cys
Washington
Minnesota-Nurth Bukola Row River Valley
Idaho Falls
Wisconsin
Michigan
Cedar Rapids hay market reports and Iowa packing plant prices
Cedar Rapids hay market shows steady to 23 lower Tuesday with bulk deliveries ranging near 99 to 300 dollars depending on grade and condition. Des Moines dispatch lists Tuesday receipts at 95,000 across packing plants, with butchers down 25-50 cents and country points and cattle prices detailed by weight, grade, and animal type.
MENTIONED IN THIS ARTICLE
Iowa
Des Moines
Cedar Rapids Hay Market
USDA
Minnesota
U.S
IhAv
Tracks in Snow Lead to Arrest of Three Boys
Three boys a 12 year old and two 13 year olds were arrested after a police officer followed fresh snow footprints to their home. They face charges of tabious damage and larceny for breaking car windows in the 90 and 1100 blocks of Twentieth avenue SW and the 1200 block of Nineteenth avenue SW. A taped check worth 73 dollars and 20 personal checks from a vehicle owned by James Cowles were also reported missing. The boys were disciplined by their parents.
MENTIONED IN THIS ARTICLE
Twentieth Avenue
Nineteenth Avenue
James Cowles
Cedar Rapids adopts quartermaster system for city staff uniforms
City employees including police and fire will shift from a cash clothing allowance to a quartermaster system for uniforms and gear. Safety Commissioner James Steile Beck and Personnel Director Fred Nordengren presented the resolution to council. The plan raises the annual clothing stipend for plainclothes officers to 200 dollars and outlines fund use for required items and future purchases.
MENTIONED IN THIS ARTICLE
Kami
Cedar Rapids
James Steilebeck
Fred Nordengren
Nordengren
Aden
Iowa Delegation Receives Mixed Ratings From Pressure Groups
Liberal groups ADA COPE NFU rate Democrats Dick Clark Harold Hughes Edward Mezvincky John Culver Neal Smith, while ACA and conservatives rate Republicans R. Gross William Scherle Wiley Mayne. Scores show varying support across groups.
MENTIONED IN THIS ARTICLE
Waslington
Iowa
Wiley Mayne
William Scherle
H. R. Gross
Dick Clark
ADA
COPE
NFU
ACA
Arafat Hussein Session Rejected by Middle East Bloc
Syrian Foreign Minister Halim Khaddam and Jordanian and Egyptian leaders meet with Yasser Arafat to coordinate action as the PLO presses to block a peace accord unless Israel withdraws from the Syrian front and a Palestinian state is created. The thaw includes Arafat’s first willingness in years to engage. Also notes Pope Paul VI elevating 26 princes at St Peter’s Basilica on this date in 1965.
MENTIONED IN THIS ARTICLE
Syria
Palestine Liberation Organization
Tsraeli
Abdeal Halim Khaddam Wol Yashwar Sadat
Bgypt
Kitty Hussein
Jordan
Arafat
Middle East
PLO
Ils Darloule Iing
Palestine
Israel
Paul VI
St. Peter's Basilica
Mills Scheduled For Transfer to New Hospital
Washington AP reports Representative Wilbur Mills plans transfer from Bethesda Naval Hospital to an unidentified medical center for general mental exhaustion. An Arkansas Democrat aide said Mills will receive the finest expert care and may return to Congress sooner, though no date was given. Mills, treated for alcoholism at Bethesda, was briefly released and readmitted for additional examination, with doctors advising continued treatment outside Washington. The facility is described as one specializing in alcoholism treatment and outside the Washington area.
MENTIONED IN THIS ARTICLE
Washington (Ap
Wilbur Mills
Bethesda Naval Hospital
Arkansas Democrat
Mills
Bethesda
Iovtors
Congressman Pot
Wistington
Cedar Rapids Public Hearing On State Energy Policy
A public hearing is set in Cedar Rapids on Tuesday to discuss formulation of a state energy policy. The Iowa Energy Policy Council invites public comments and suggestions before issuing a final report with recommendations for the policy.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iawa Energy Policy Council
EPC
C R Man Arrested For Drunk Driving In Springville County
C R Man arrested for drunk driving after a patrol stop on Highway _I_ near Springville. Deputies charged him with driving while intoxicated and held him in county jail on $400 bond.
MENTIONED IN THIS ARTICLE
C.R. Man
Second Street
Linu
Springville
Healley
Amalong Named Wilson and Co Top Executive
Amalong, former head of Wilson's plant in Ce thic Rapids, becomes clinician of the board and chief executive officer of Wilson and Co Inc. He replaces Roy V Edwards, who resigned as announced by LTV Corp. Wilson is a wholly owned subsidiary of LTV. Edwards remains a director of LTV. No further charges in operations are expected.
MENTIONED IN THIS ARTICLE
Henry 5. Amalong
Wilson
Cethic Rapids
Wilson and Co., Inc
Amalong
Roy V. Edwards
LTV Corporation
LTV
Amasong
Edwards
LTV Corp
ASPRO
Europe
J-Tec
American Exchange
Dennis Ayden
JTEC
Edward Nixon
Eric Williams
Technitron England
John Curthoys
Cedar Rapids
Tama Music Retailer Files Bankruptcy in Cedar Rapids Court
George Flinn Mickens, who ran Guitar Studio from January 1972, filed a bankruptcy petition in Cedar Rapids federal court listing debts of $177,475 and assets of $44,805.35 with $31,750 exempt. The Guitar Studio business included sales and rental of instruments.
MENTIONED IN THIS ARTICLE
Tama
Cedar Rapids
George Flinn Mickens
Shin
On This Date 1933 16th Amendment Enacts Income Tax Power
On this date in 1933 the 16th Amendment to the U.S. Constitution took effect granting Congress authority to levy income taxes. The change reshaped federal revenue and fiscal policy, underpinning new tax structures and government funding mechanisms.
MENTIONED IN THIS ARTICLE
Congress
J-TEC Grants License on Fluid Sensor Technology
J-TEC grants ASPRO Inc and its European arm Technotron a license to use J-TEC fluid sensor tech across France the UK Germany Holland Italy Sweden and Belgium. The deal excludes rights already licensed to Bourns for medical breath sensors and a nonexclusive license to Westinghouse in flowmeter fields.
MENTIONED IN THIS ARTICLE
JEC Associates, Inc
Cedar Rapids
Aspro, Inc
Westport
Cons
Technotron
France
United Kingdom
Germany
Holland
Italy
Sweden
Belgium
J-Tec
Bourns, Inc
Bregth
Weatinghouse
Ted Johnson
Residents seek permanent injunction to block I 360 in Hiawatha
Plaintiffs in two 1380 federal suits dropped the preliminary injunction bid and plan amended complaints to halt the Interstate 360 project. The Cedar Rapids court assumed jurisdiction in January as highway officials argue the project is a major federal action due to federal funding. Plaintiffs urge a westward route avoiding the city, proposing a curve northwest to join highway 150 near Center Point. The suits originated in Linn County district court in December.
MENTIONED IN THIS ARTICLE
Hiawatha
Town Highway Commission
Thewa
Ted
Lian County
Coute
Cedar Rapida
Center Point
Also Mentioned on This Page
Winnin
Associated Press
Webster City Livestock
Choibe Stuar
Welanie Ahaabbe
Sioux City
Livertock
Sidue City
Ueda
Hoag
Biron
U.S. I
Mostovanity Aelives
Wan Ib Siners
Helfers Choles
U&da
Fanty Ingo I
Raney Inectiyany
Ennev Smolis
Tivttyy Shady
Prkods
Toenday
Lamson Trotters
Rss
Lee Fuod
Banks of Town
Giuardsiman
John Dugre
Kmattel & Gsser
McCord
Mid America
Mid-Continent, Inc
Paul), Inc
Gaby
Roth
Rockwell
Suntan
United Re 8 Casualty
United Guernmly Sahih Dalvar
Vtelur Corp
Wirnahago
Snigago
NPI
Vermand
Kellar
Steddy
Oultry
Tesday
Suhl
Temondight
SSC
Sve
Orlees
Damani
Grove
Odin
Joliet, II
UPS Collie
Weland
Calkinslin
Symson Brothers
Hostville
Postville
Postvillie
Waterloo Hogs
Waterloo
Bulchers
Ows
I'hesday
Packina
Laulehers
Apelssa
Astes
Mons
Cluse Frey
Ieee
C.R. Markets
Wasty and Wobby Swartalstaurs
Toya
Omaha Livestock
Teenet
Congressional
Americans For Democratic Action
Afl-Cio
Committee On Political
National Farmers Union
Americans For Constitutional Action
Congressional Quarterly
Fouroreenizations
Associated Pr
Gi Lillie Rack
Arian Gazette
Gianette
Mills Wit
Helhosda Laa Noah
Ramithon
Subhurban
Capitol
C.R
Wilson and Co
Tama Business
Ignl
ALP, Morgan
Us, Steel Corp
New Jersey
David H. Burke
CLU
The
Protectors
Laws Theatre
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