Late Slump Evident Across NYSE Sectors
Financial markets showed broad weakness with declines outpacing advances by about 300 issues on the New York Stock Exchange. The downturn stretched across multiple sectors including retail, electronics, metals, railways, oils, airlines, and drugs, signaling widespread investor caution.
MENTIONED IN THIS ARTICLE
Diate
New York Stock Exchange
Fie
Cattle Prices Rise On Slaughter Rates In Chicago Trade
Chicago AP reports cattle prices mixed with higher slaughter steer gains up to 1.25. Slaughter heifers rise modestly while prime and yield grades show varied movements. Prime and choice ranges cited for steers and heifers, with weights around 1,050 pounds and several price points noted.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Livestock Chicago
USDA
Cedar Rapids hog and cattle market updates and prices
Market reports show steady to higher prices on Cedar Rapids hogs Monday with Saturday’s values for heavy butchers 200 to 231 pounds ranging from 15.00 to 13.75 dollars. Sows and heavier weights see reductions. cattle prices list prime beef and dairy headings with various weight grade deductions and delivery terms.
MENTIONED IN THIS ARTICLE
Gisbe
Primi Shen
Fatal Skiing Crash Kills Two Ramsey Grandsons
Dr Warne Ramsey and his wife of Betten Dorf Bettendorf suffered injuries as their sons David Ramsey 14 and Marty Ramsey died after a head on collision during a skiing trip near Rockford Illinois. David died at a Rockford hospital Marty died Monday Dr Ramsey hurt but released Mrs Ramsey Janelle Henning remains hospitalized with broken ribs. The Ramseys and two other children were on the trip while four others stayed with grandparents in Calamus.
MENTIONED IN THIS ARTICLE
Mark Ramsey
David Ramsey
Warne Ramsey
Bettendorf
Collisine
Rockford, IL
Wriday
Keys Avere Bramlsons
C. W. Ramsey
E Avenue NW
David
Rockford
Marty
Ramsey
Cslamtus
Tama Deputy Is Stranded Near Toledo After Vehicle Plugs Up
Tama County deputy Nick Kriegel faced a stranded start Monday as his patrol vehicle bogged on highway 62 north of Toledo in heavy snow. A highway crew aided by a tracked vehicle and a snow plow failed to reach him by noon, leaving him stranded and planning a long walk if help didn’t arrive.
MENTIONED IN THIS ARTICLE
Toledo
Tama County
Caquily
Sherif
Nick ‘Wriegel
Highway 62
Tale
Highway Commission Nk
Ias
Kreegel
Kriegel
Fire Destroys Coggon Machinery Shop After Snowy Day
A fire destroyed a west of Coggon machinery shop and a pickup on Monday as flames, fanned by winds, swept through two adjoining buildings housing welding gear and small farm equipment. Betenbender and his son, who were clearing snow, called authorities. twelve Coggin volunteers fought the blaze for about two hours with aid from Central City firefighters. The owner, with 29 years in the business, could not yet estimate losses, which were only partially insured.
MENTIONED IN THIS ARTICLE
Coggon
Jameson
Glen
Pete” Betenbender
Betenbender
Coggon Volunteer Department
Cental City Fire Department
Laurence
Abinh
Son
The
Gazette
Snowmobile Crash Hospitalizes Man in Parkview Court
Lawrence Bjornsen, 37, of 3239 Parkview Court SE, was admitted to Mercy hospital with possible head and chest injuries after a snowmobile at a neighbor’s house struck a tree. He was described in fair condition.
MENTIONED IN THIS ARTICLE
Lawrence Bjornsen
Parkview Court SE
Mercy Hospital
Bjorngen
New Year Prime Rate Cut by First Pennsylvania Bank
First Pennsylvania Banking & Trust Co reduced its prime rate Monday to 6 percent from 6 percent. Banks study the move amid a rush to lower rates after Chase Manhattan cut to 6 percent on Dec. 23. The bank said the cut aimed to attract more business borrowers.
MENTIONED IN THIS ARTICLE
Philadelptita
UPI
Pennsylvania Banking & Trust Co
Chase’ Manhattan Bank of New York
Pennsylvania
First Pennsylvania
Commodity Futures Trading Sets 1970 Records in New Year
Washington reports from the Commodity Exchange Authority show 1970 futures trading hit new highs with 11.577 million contracts, up 23 percent from 1969. The traded value reached 107.1 billion, up 43 percent, led by corn, soybeans, and soybean oil. Pork belly contracts remained high, shell eggs and live cattle set records, while wheat, oats, rye, and other grains fell.
MENTIONED IN THIS ARTICLE
Washington
UPS
Commodity Inschange Authority
CEA
Agriculture Department
Promoter Calls Parents After Gate-Crashers Snare
Cleveland AP report details promoter Jules Betkin handling 27 teenage gate crashers by contacting their parents. The piece notes a teen’s fear of jail if parental intervention fails and mentions related charges tied to credit card abuse and underage drinking.
MENTIONED IN THIS ARTICLE
Cleveland
Jules Betkin
Paul Finn
Dee
Texas
Community Briefs Feature Meetings And Local Notices
Audubon Society meeting postponed to January 1 at 7 30 p m at Coe College as part of weekly arrangements. Florists advertise sweetheart rose arrangements priced around 5 50 and 2 40 in green crystal or blue glass. Mrs Richard Reilly of Cedar Rapids hospitalized at Merry Hospital with visitors allowed. Johnson's Beauty Salon announces open days Tuesday Thursday Friday Saturday. Executive Plaza Building offers office space for rent at 368 2799. Dr Lee Sedlacek to speak at Trinity Lutheran School Monday 7 45 p m. Jesse Munter invites constituents to coffee at Harley Steele home Tuesday 7 p m. Snow Tire Clearance by Houla han Tire Co. Chiropractic therapy by appointment with Hoyt Thomas D C. Marvin J Nelson named Iowa representative on National Sand and Gravel Assn board.
Grand Jury to Convene on Traffic Deaths and Crimes
The Linn County grand jury will convene to review fatal traffic crashes and related charges. Cases include fatally injured motorists, alleged reckless driving, and weapons, narcotics, and property offenses. Also listed are larceny, burglary, and other felony counts stemming from recent incidents.
MENTIONED IN THIS ARTICLE
LaVonne Clark
Hill
Iside Drive
Polite
Humphrey
William Bobinet
Chelsea
Elizabeth
Edge- Vernon
Wood Read
Sixteenth
Two Young Men Charged With Break-In Attempt
Darrel R. Cooley 21 of 40s Waconia avenue SW and a 19 year old were charged with attempted breaking and entering after an early morning break-in attempt at the E Tavern and Sporting Goods on EB avenue NW. Cooley faced parole violation tied to a 1968 Cedar Rapids break-in. The younger man also faced charges for December 28 theft at D and D Lounge 438 Waconia avenue SW. Both held pending arraignments and preliminaries.
MENTIONED IN THIS ARTICLE
Darrel
EB Avenue NW
Waconia Avenue
Two Houses in Cedar Rapids Entered
Two residential break-ins were reported in Cedar Rapids. Robert Houlahan of 817 Eighth Street NW reported his home entered with two radios two coats two wigs and six glasses stolen valued at 191 dollars. Edwin Fisher of 31 Ravenswood Terrace NW said his home was entered between December 23 and Sunday with a sale coins and cash stolen valued at 296.75 dollars, plus an undetermined amount of stocks and bonds.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Robert Houlahan
Eighth Street
Edwin Fisher
Ravenwood Terrace
Cole
Breskin
Rites Set Wednesday for Frank Karal
Fairfax obituary for Frank Kern 83 lifelong Fairfax resident dies at Macon County Hospital. World War I veteran Purple Heart recipient charter member of Fairfax American Legion and Komo? post Surviving son Dolph Karal and sister Emma Karal Cedar Rapids. Military rites planned at Cedar Memorial with Cedar Rapids funeral services noted.
MENTIONED IN THIS ARTICLE
Fairfax
Frank Kern
Pairfax
Macon
Bohemia
Pekomy Post
Fairfax American Legion
Teudolph Karal
Emma Karal
Cedar Rapids
9 EYE
Turner Chapel
Cedar Memorial Harper
Wayne Winston
Bob Brooks
American Legion
William Baldwin 75 Marion Dies After Long Illness
William L. Baldwin 75 of 700 Thirty-fifth Street Marion died Sunday morning at the Veterans Hospital Iowa City after a long illness Born September 9 1895 at Tobias Nebraska he married Ada Brown May 28 1925 in Cedar Rapids He retired from Tram Penick and Ford in 1963 after 38 years of service He served in Europe with the Rainbow division during World War I He was a member of Marion Masonic Lodge 6 AF and AM and the American Legion Surviving wife a son William Baldwin of Cedar Rapids two daughters Mrs Clarence Lanier Mohave Valley Arizona and Mrs John Lobb Langley Washington three sisters Elsie Schroll Marengo Luella Denny Missoget and Zelda Rakestraw Geneva Nebraska nine grandchildren and two great grandchildren Memorial services 1 pm Thursday at the Cedar Memorial Chapel of Memories with the Rev Charles Mehaffey of Asbury United Methodist Church officiating Masonic services by Marion Lodge 6 Burial Cedar Memorial Cemetery Friends may call at the Cedar Memorial Funeral Home after 5 pm Wednesday and at the Chapel of Memories after 9 am Thursday The casket will not be opened after the service.
MENTIONED IN THIS ARTICLE
Wiliam L. Baldwin
Marion
Veterans Hospital
Iowa City
Tobias
Neb
Ada Brown
Cedar Rapids
American Legion
William ¥. Baldwin
Clarence Lanier
Mohave Valley
Ariz
John Lobb
Langley
Wash
Elsie Schroll
Marengo
Luella Denny
Missoget
Zelda Rakestraw
Geneva
Cedar Memoriial Chapel of Memories
iRev
Charles Mehaffey
L Asbury United Methodist Church
Marion Lodge
Cedar Memorial Cemetery
Cedar Memorial Funeral
Chapel of Memories
Neighbor Reaches Stricken Iown Man
A man in Union Grove lake area called Tama county officials claiming a heart attack. Deputies noted a history of heart ailments and snowbound roads prevented emergency vehicles from Toledo. A neighbor reached him. later reports said he was resting comfortably and likely to be all right.
MENTIONED IN THIS ARTICLE
Gazelle Gladbrook
Union Grove Lake
Here
Tama County
Cy Schwinger
Schwinger
Toledo
Also Mentioned on This Page
Nua Atone
Jairay
Iowa
Eymius A
Eitemn
Wall Street
Vison
Sears
Sista
Sony Cn. Ox
Mattitsri
Nigon Ib
Hallayine
StByanes
Omesike
Rxa
Just Co
Iy Bay Tin
Stouni
Stdouga
Tailedo
Allyani Inmie Saulch
Sterlorug
A ii
Agabora
Stevens
Bos
Gery
New York
Ny Slork
Dow Janos
Inlang
Rela Fates Inc
Tnt
Tokitamue
Tampa
York
Timon
Jonasono
Admiral
Kroger
Pac
al Union Paci
Brnds
Uniroyal
Dee Ab
Loew Thea
Univer
Lukens
Ay Wak
Armax Corary
Armeas
Macy
Jawarann
Marcor
Atlas Chern
Paar Mit
Allis Corp Ag
Whittaker
Aunor
Alta Ae ‘Bal Rerx Co
Dh Memorex
Jen A Merck
Pho Vile
Asso Eisied
Ull Beach
Benefico T
Pn Sarau
Borden
BorgWar
Liavidatinn Divi Brunsik
Aislin
Lara
Lys
Bucy
Si Shack
Divinl
Pall Budd
Durilla
Mret Ng
Cal Tran
Newppey
Carl Wal Ha
I Magne
Isve Tita
Xis &S Digiribu
Ashe
Ain Bian Walivary
Erra
Uae
JostaPw
bin Pi
Vila Bankruntcy
Rpcely
Am Runtcy
Ohio
Nort
Chris Crattith
Lamson Bros. Cilessve
Clark
Ea Cleveenti Ie
Cxwon
Consol
Loli Gay
Sunniios
Traek Salah Russe
River Valley
Royin Oh
ADM
Tusda
Amnbu
Wniays
Woiles
Cox Roest
Dean
Cowen
Fay
Wwe
Paris el
Bonan
Curiae
ProciGun
Palo
Law River
Anna Kocher
Davinf
Anna Marie Bacher
Wel Fine
Dalrair
Charles Carl NaEdiy
Wim Sham
Bastar
Rocher
Pato
Itfresinont
Ile Barneys
United Methodist
Ide
Bigkel
Cedae
Charles R
Kocher
Anc
Emerel
Ealreh
Lamson Brothers
Toby Hoaty
Saplembur
Ganoeyt
C.R. Markets
Rash
C.R
Tama
Midwest
Laurie Metlean
Southland Street
Merry Hospital
Philly Bank
Audubon Society
Coe College
Bierson
Gree Crystal
Pierson's Florists
Richard Reilly
Route Three
Johnson's
Kathy Woll
Executive Plaza
1St Ave
Lee Sedlacek Willl
Trinity Lutheran School
Seventh Ave
Jesse Munter
Towa Senate
Harley Steele
Pol
Houlahan Tire Company
Hoyt Thomas D.C
Iowa Theater Building
Namedy
Marvin J. Nelson
Valley Brook Drive
National Sand and Gravel Assn
Andrews
Center Point
Jis
Sey
Eral
Frank Karal
William Baldwin
Ola Mts
Peter F. Bezanton
Robert E. Iahnson
MotAmerica Find Vo Percntive
Tosparation
Silliman
Frank T. Nye Veestenseye
the Gazette Company
Astority
Himes
Towa Flecine. Light and Power Company
A.thomas Hovgen
Anucelaies
Pessiddent
John J. Bryant
Atanis
Hyaines
Morris Plan Realty Company
MorAmerica Financial Corporation
HLA, Lchimberg
Cessieve Bemprey's Dry Cleaning Services
Kenneth L Ilantie
Watt Radice
Bi Gilttogata
Oe Bay
BMW