Stock Market Mixed as Profit Taking Dampens Rally
The New York stock market showed a mixed session with profit taking tempering a rally since New Year's Eve. Polaroid led activity on the NYSE, dropping 1 3/8 to 16 1/8, after postponing first quarter pay increases due to uncertain sales and earnings forecasts. The Dow fell 2.81 to 638.38, while the NYSE index eased to 37.38 and the American Stock Exchange index rose to 64.21.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Anaysts
Polaroid
NYSE
Arizona
Ge Ietes
Ibmg IntHarv
InNick
Itek Corp Jewelc
JhnMan
JohnsJn
JonLogn
Jostens
JoyMftg
Kaiser Alukange
NYSE noon prices mixed in broad stock market update
The Associated Press reports mixed noon prices on the New York Stock Exchange with declines for some manufacturers and gains for others. Traders watched daily moves amid varied performances across sectors as investors assess earnings outlooks and market signals.
Bank clearings rise to 14.83 million in week ended Jan 3
The clearing house reported weekly bank clearings totaling 14,834,226 for the week ended January 3, up from 14,301,184 the prior week. The figure compares with 12,385,785 for the same week last year.
Cedar Rapids hog market slips as weights and grades shift
The Cedar Rapids hog market Wednesday posted lower prices with Tuesday bids for country and plant delivered butchers at 200 to 230 pounds running 39.00 to 39.50. Larger 230 to 250 and over 270 pound animals faced price cuts per 10 pounds, while yield grades and overweight classes carried discounts. Across regions including Sioux City and Omaha, hogs and cattle traded mixed with modest declines in some weight classes and steady to higher trends for select steers and heifers. egg and grain quotes also noted.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Sioux City
UPI
U.S
Omaha
USDA
Webster City
Cottie
Iowa and Des Moines Pork Prices and Meat Trade Report
Iowa and southern Minnesota packing plants report estimated receipts for Tuesday at 85,000, with movement fairly active and demand generally good. Prices listed for various weight ranges of cattle, hogs, sows, and dressed meats, including U S 1 3 200-230 lb cattle at 38 75 to 39 00 and hogs 230-250 lb at 38 75 to 39 50, with regional market notes and melon.
MENTIONED IN THIS ARTICLE
Joliet
UPI
Cattie
DES Moines
USDA
Iowa
Minnesota
U.S
U. S
Cedar Rapids Crime Briefs Touch on Vehicle and Locker Thefts
Cedar Rapids News Briefs report multiple thefts and missing items. Victims include Roger Roe der who had a two way radio valued at 160 stolen from his parked car, Dallas Bolender with radio tape deck and tape worth 261, Jerry Elm whose wallet with 105 cash vanished from a health spa locker, and Michael R Hall missing a bowling ball and shoes valued at 80 and 720. Additional losses involve jewelry, fishing gear, tools, and a ring, with locations across Cedar Rapids including addresses on Sixth Street SW, Hollywood Boulevard NE, and First Avenue NE.
MENTIONED IN THIS ARTICLE
Roger Roeder
Dallas Bolender
Sixth Street
Jerry Elm
Hollywood Boulevard
Palms Health Spas Inc
Glenbrook Drive
Michael R. Hall
Texas Avenue NE
Cedar Rapids Bowl
First Avenue SE
Investment likely to drop in real terms in 1975
The Commerce Department projected real investment in new plants and equipment to fall in 1975 despite a 4.5 percent nominal rise to 117.1 billion dollars. Inflation would erode gains, with 1974 spending at 111.92 billion, up 12 percent from 1973 but little real growth. Secretary Dent urged Congress to act on the investment tax credit proposal.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Department
Commerce
Dent
Congress
Ford
Capture IRA Bomb Expert Denounced as Top Leader
Dublin AP report Police captured Kevin Mallon identified as a top IRA leader and its expert on explosives and booby traps, a key figure in the organization.
MENTIONED IN THIS ARTICLE
Dublin
Kevin Mallon
Irish Republican Army
Preisser Sees DOT Fully Operational By July 1
Victor Preisser, named DOT director in November and at the helm since January, told the Iowa Transportation Commission the department will be fully operational by July 1. He outlined plans including a new DOT logo, retention of current offices, review of hiring, and a tighter manpower approach. He expects separate divisions for mass transit, aeronautics, and river traffic and said rail responsibility could come in two to four months. The commission also reviewed 22 bills for the upcoming session, including a ban on studded tires and stricter safety measures with higher motorcycle fees.
MENTIONED IN THIS ARTICLE
Iowa
DOT
Preisser
Commission
Department
Des Moines
Ames
State Capital Building
Statehouse
Les Holland
Pair Held on Robbery Charge At Magnus Hotel
A 28-year-old man, Jesse Milledge, and an 18-year-old woman, Lori Lund, were charged with robbery with aggravation for a Monday night armed robbery of 59 year old Charles Neary at the Magnus hotel. Neary said a man entered his room, pulled a gun, and the two suspects fled with $30. Milledge faces a second charge of breaking and entering at St Wenceslaus rectory, where police recovered a tape recorder, deck, and amplifier valued at $250. Bond totals: Milledge 45,000. Lund 10,000. Both held in county jail.
MENTIONED IN THIS ARTICLE
Jesse J. Milledge
Lori Sue Lund
Charles Roger Neary
Magnus Hotel
Neary
Milledge
St. Wenceslaus
Sixteenth Avenue SE
Bond
Miss Lund
Also Mentioned on This Page
The
Financial and Market News
Yes and Downs
New York Tock Exchange
Seatrain Lin
Mankind
T&twt
P Cole
Eleminc
Fee
ER Fis ocPetri Ag Wey
PacPwl
S Peer
PanAm
Pascolic
Enney
Ranco
Wachova
Associated Press
Lamson Brothers
Am. Ins. Fundations
Rein
Ese Neeese Banks of
E Foods
Conrac Nvedacsveeres
Ae Foods
Auanaenan
Hornischiger Es Hawkeye Bancorp
Health Management Socs
Interstate Power
Lowo Electric
lowo-Il. Gas
John Deere
Kidde Comm
Kueffel & Esser
Life Investors, Inc
LTV Corp Mapco
Maytag
McCord Corp
Mid-America
Ovees
Mid-Continent
Ine Miracle
Ozark
Poxall, Inc
Rockwell
Syntex
United Fire & Casualty
United Guaranty
Univar
Victor Corp
Winnebago
C.R. Markets
Chicago Cash Grain
Chicago
Sioux City Livestock
Joliet Livestock
Omaha Livestock
Federal State Market News Service
London
Webster City Livestock
Postville Beef
Postville
Waterloo Hogs
Hogs
Lamson Brothers Close
Rick Roseberry
Coast Guard Academy
Vic
Optimist Club
Martha Ward
Parents Anonymous
Sunrise
Bishop's Downtown
Kathy J. Pierson
Avenue NE
Arnold Pluess
Sugar Pine Drive
McCune
Call Salle
Kim L. Koss
Wilmer L. Koss
Richard Drive
Third Marine Division
Okinawa
Kathleen L. Mershon
Clifton Street
Fred Fite
Worthington Drive
Bishops
Barney's Paint & Wallpaper
1St Ave. N.E
Evy’s
Marilyn
Tony
Paramount Theatre
James Milden
Blake Boulevard
University of Maryland
College Park
Central Michigan University
Mt. Pleasant
Ruth Freeberg
Montrose
Doors
Jerome’s, Ie Tower
Knights of Columbus
Ave
Johnny’s Parkway
Ellis and
Five
N.W
Salisbury
Hubert L. Slocum
Westwood Drive
Lindale Plaza
Kenwood
First Presbyterian Church
James Rossey
Parkview Court SE
Center Point Road
Hutchins
Adv
Baresh Rental
IRA
By Tom Fruehling
Ney
Lamson ,Bros. & CO
James J. McEntry
Charles Lande
Robert C. Skalsky
Russell (. Wiley
Mgr
Third Avenue
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