Stock Market Rises Moderately as Rate Cut Spurs Gains
The Dow Jones average rose to 930.94 with a 5.83 gain as New York's First National City Bank cut its prime rate from 7 to 6 3/4 percent. Positive fourth quarter earnings from Hurroughs Corp boosted confidence. NYSE index gained 0.24 to 61.47 and the American Exchange index up 0.69 to 91.99.
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New York
Gainebs
New York Stock Exchange
First National City Bank
Tor
Hurroughs Corp
NYSE
American Stock Exchange
Castro Opposes Force Over Base as Panama Adopts Lesson
In Santiago Cuba Prime Minister Fidel Castro says the Guan tanamo base issue shows how sovereignty fights can be settled without force. Panama's strongman Omar Torrijos says Castro's “don’t take the bait” warning helped avert a canal zone invasion during reminders of the 1954 Moncada attack.
MENTIONED IN THIS ARTICLE
Castro
Panama
Santiago
Panama- Dis
Monceda Barnaks
Revolut Int
Grain Quotations Bean Brothers Trade Roundup
Chicago bids for soy, beans, and corn closed higher on Friday while wheat and oats fell slightly. Dollar-level shifts varied across markets, with livestock prices and fresh market movements reported for Des Moines, Waterloo, Sioux City, Omaha, and Chicago cash grain. The roundup notes price moves, deliveries, and local trading activity across midwest markets.
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Chicago
Chicago Board of Trade
Cedar Rapids livestock market steady with varied price shifts
Cedar Rapids livestock market reports steady demand Friday. Dak of country and plant delivered butchers 200-230 lbs bring $48.50 to $49.00. sows 300 lbs down at $48.50 to $39.00. butchers over 230 lbs discounted per 10 lbs. packers over 300 lbs discounted by weight. Sheep and lambs priced with several discounts. grain and soybeans listed with prices.
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Umnaha
USDA
U.S
Sirung
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UPI
Beeney
London
Row York Bly
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Siraay Tn
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Sendy
Ree Laude
C.R
Cedar Rapids
Sheen
Tbs
Cribkee
Frazer Murder Trial Rescheduled In Buchanan County
Gary Lynn Frazer 25 of Oelwein faces first degree murder charges in the death of Sheila Lynn Foley 16 of Hazleton. His trial before Judge Joseph Keefe is moved to Buchanan County District Court with a two week expected span and hearings set for January 26 28 and March 12. Frazer was held without bond in Black Hawk County and will be transferred to Buchanan County. Attorneys have until Thursday to file a change of venue.
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Arcana Asan
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Black Hawk County
Incentives for Investments Urged by Ullman
Rep. Ullman says the government must provide incentives to spur investment and capital formation to expand the U S economy. He notes a stronger industrial base is needed to create jobs and grow consumer demand, and a Ways and Means task force will study tax proposals to balance capital needs with policy.
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al UM. Non
House
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Cedar Rapids Briefs Chronicle Local Theft and Notices
Local residents report thefts including a 2 inch color TV valued at 600 dollars from a residence on J street SW. Other incidents include a snow blower stolen from a garage and multiple items stolen from vehicles and trucks, plus upcoming community events and meetings at Coe College and the First Christian church.
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Lloyd T. Elpas
J Street
Elges
Clark Culver Most Liberal Senators ADA Rating 1975
Iowa Democrats Dick Clark and John Culver were rated the most liberal among U.S. senators in 1975 by Americans for Democratic Action. They earned perfect scores on 18 key votes, supporting abortion rights, civil rights, busing, and welfare while backing reduced military spending and aid to poorer nations. John Durkin of New Hampshire also received a perfect score.
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Washington
Iowa
Clark
Culver
Indian Ocean
Diggo Garcia
John Durkin
New Hanweshire
Riley Announces Candidacy for Johnson Board
Riley, 26, of 1B North Doxtoe Street in June City, announced his candidacy for the Johnson County board of supervisors at Kirkewood Community College. He opposes the construction of freeway 618, supports enlarging the board from three to five members, and seeks election in November. He holds a BA in politics and a MA in anthropology from the University of Wisconsin. Nomination papers for the June primary must be filed by April 5.
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Towa City
Don
Meley
Kirkewood Community College
Johnson
Riley
Ingeratis
Rijey
Doxtoe
Juno City
University of Wisconsin
Wisconsin
Citibank Cuts Prime Rate to 6 3 4 Percent
Citibank lowered its prime loan rate by a quarter point to 6 3 4 percent, the lowest among major banks since last June. The reduction affects loans to top creditworthy business borrowers and is seen as likely to be matched across the banking industry.
MENTIONED IN THIS ARTICLE
New York
First National City Bank
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