Stocks Rise Sharply Amid Market Rally on Thursday
The Dow Jones average rose 9.23 to 661.84 as gains outnumbered losses 83 to 1 on the NYSE. Occidental Petroleum climbed 3/8 to 14 percent while NYSE earnings are pegged at 4.81 a share for 1974, up from 1.05 in 1973. Morton-Norwich slid 11 percent and Consolidated Foods fell 11/8 to 14 1/8. Brad Ragan gained 13/8 to 11 on the Amex after Bandag Inc. and Brad Ragan reached a patent settlement allowing use of Bandag’s tire retreading method in its centers.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Occidental Petroleum
Morton- Norwich
Consolidated Foods
NYSE
American Stock Exchange
Brad Ragan
Amex
Bandag Inc
Bandag
Soest PE stocks mixed with varied quotes and listings
A dense list of stock and commodity codes shows mixed high and low values across multiple issuers. Abbreviations cover firms such as AMBAC AmAirlin JewelC Ryder and PocGas with scattered price points and percent changes, reflecting a broad market snapshot.
Federal Court Seeks Return of 1300 Adult Films
A federal court subpoena seeks the return of about 1,300 adult films to a federal grand jury. The films were taken from Cedar Rapids resident Edward Wedelstedt under a warrant, and may have been stolen from a Chicago company. The state Bureau of Criminal Investigation holds the films, with action due within 48 hours to halt the return.
MENTIONED IN THIS ARTICLE
Linn District Court
U.S. Attorney General's Office
Harold Vietor
Edward Wedelstedt
Cedar Rapids
Chicago
State Bureau of Criminal Investigation
Market rundown shows grain futures surge on BOA trades
Chicago grain futures closed with wheat up 18 to 20 cents and soybeans and corn also higher as traders priced strong demand and tight supplies. Des Moines reports mixed livestock trading with gains in beef and declines for hogs, while Iowa and Minnesota packing plants posted higher receipts than a week ago.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
DES Moines
USDA
Iowa
Minnesota
U.S
U. S
Midwest
Sresen
Cedar Rapids Hog and Sheep Market Report Thursday Prices
Cedar Rapids hog market fell with cattle and sheep prices varying by weight and grade. Hog prices ranged from 38.00 to 38.50 for 200 to 230 lb deliveries with adjustments for heavier weights. sows under 300 lb 33.00 to 33.50. Sheep saw lamb values from 36.00 to 40.00 and utility cows 17.00 to 20.00, while Chicago butter and potato quotes rounded out the market report.
MENTIONED IN THIS ARTICLE
Livestock Futures Chicago
Aloe
Webster City
Waterloo
Postville
OMAHA
USDA
U.S
Cedar Rapids
Man Held In Linn Jail On Drug Count
Steven Petersen 21 was charged with intoxication resisting an officer and possession of a controlled substance after a disturbance at 610 Sixth Avenue SE. Police found him in a second floor hallway near a broken door window as residents disputed with him. Petersen refused orders to leave and allegedly struggled with officers. a search found marijuana and hashish. He is held on $750 bond.
MENTIONED IN THIS ARTICLE
Steven Petersen
Sixth Avenue SE
Petersen
Miss McMurrin
Banks of Iowa Reports 1974 Financial Gains
Banks of Iowa Thursday reported income before securities gains for the year ended December 31 of 1974 at 5 million dollars, up 17.3 percent from 1973. President F Forbes Osberg announced net income of 4.97 million, with earnings per share at 3.01. Total loans rose to 279 million, deposits to 445 million, and total assets surpassed 552 million, a 13.2 percent rise.
MENTIONED IN THIS ARTICLE
Banks of
Iowa
F. Forbes Osberg
Man Pleads Guilty in Assault Case in Magistrate Court
Leo Stoneking of Ninth Street and B Avenue NW pled guilty to assault and battery in magistrate court. He received a five day jail sentence for allegedly striking Marlene Stoneking on January 10.
MENTIONED IN THIS ARTICLE
Leo Stoneking
Ninth Street
B Avenue NW
Marlene Stoneking
Breakin Mefford's Auto Service Burglary Report
Breakin Mefford's Auto Service on Mt. Vernon Road east of Cedar Rapids was broken into Wednesday night. Thieves stole tools and a television set valued at 260 dollars.
MENTIONED IN THIS ARTICLE
Mefford
Mt. Vernon Road
Cedar Rapids
Jackson to announce presidential bid in February
Washington AP Senator Jackson of Washington plans to declare his candidacy for president on February 6, a spokesman said Wednesday.
MENTIONED IN THIS ARTICLE
Washington
Jackson
D-Wash
County Hires Firm To Do Job Survey
Linn supervisors awarded a contract to Yarger and Associates of Falls Church Virginia to develop a job classification and pay plan for county employees. The bid totaled 13985, with other bids from Public Service Institute and Hay Associates. The board favored Yarger after considering staffing and cost factors with input from department heads.
MENTIONED IN THIS ARTICLE
Linn
Yarger and Associates
Falls Church
PSI
Cedar Rapids
Fred Nordengren
Yarger
Hay Associates
Chicago
Hay
Richard Wenzel
City Briefs and Local Advertisements in Downtown Notice
Civic club meets Friday at noon at Bishops downtown. Boldt Lodging Home advertises licensed custodial care for the elderly at 1330 1st Ave NW. Ray's Market offers 100 lb potatoes for $5. City Information Service advertises 398 5117. Fish and shrimp served Fridays 6 to 9 p.m. at Stickney's Scoreboard Marion. Nelson's Grocery delivers daily except Sundays. Piano tuning with 28 years experience 365-1198. Pineapple plants $10 at Avenue Floral & Botanicals by Pierson's 3916th Ave SW. Discussion notes on job descriptions and points system for Yarger proposal. Possible county involvement for plan updates. Congratulations to Jeannie Schneider. Moose dinner Friday 5 to 8 p.m. $2.50 with dancing. Room entered at Ramada Inn 5560 Sixth St SW. $500 value TV and radio stolen. Spring basket arrangement at Pierson's Florists $5.95 to $10. Gordon Emmons reports $354 cash lost or stolen from salesman’s car.
Navy Enlistments and Breakin Report Highlight Local News
Navy enlistments named Bart Hemesath George Mulhol land Steve Freilinger Ro gan Moore and Alex Morton from Marion. A break in at Otto Shine Car Wash netted 363 dollars in cash and receipts with 92 in cash and checks. Items stolen included tapes speak ers an army coat a stocking cap a hunting knife and a tape case. Other notices include a theft report at Patricia Northoff and a coat theft at Kirkwood Community college with various valuables taken. Local ads promote sales services and a charity drive at Peoples Church.
MENTIONED IN THIS ARTICLE
Bill Derescek
Otto Shine Car Wash
First Avenue NE
Navy
Bart Hemesath
Wilson Avenue
George Mulholland
C Avenue NW
Steve Freilinger
Central City
Rogan Moore
Hiawatha
Alex Morton
Twenty-fourth Street
Marion
Dennis W. Bush
Oklahoma Avenue
Democratic Leaders Outline 24 Point Tax Equity Plan for Iowa
Des Moines Iowa Democratic leaders unveiled a 24 point priority list calling for equitable income and corporate tax changes, pension and school funding improvements, and protections for family farms. They plan weekly talks with Governor Ray, with topics including voter registration simplification, tax relief for seniors, housing, and updating criminal, credit, and labor laws.
MENTIONED IN THIS ARTICLE
Des Moines
School Foundation
Iowa
Also Mentioned on This Page
NEW York (Ap
Jjy
Jewelc
Ty Jonogi
OcciPet
Ik Vv
Erie
Ryder
Ronco
Lamson Myerneree Am
Ins
Rein
Eeeesensevees
Banks
Lowa
Beatrice Foods
Ssearess
FMC
Guardsman
Harnischiger
Hawkeye Bancorp
Health Management Socs
Interstate Power
Iowo Electric
Miracle
Ozark
Poxall, Inc
Quaker Oats
Rockwell
Syntex
United Fire & Serene
United Guaranty
Univar
Victor Corp
Winnebago
London
Lamson Brothers
Hogs
OWA Farm
Webster City Livestock
Waterloo Hogs
Chicago Cash Grain
Sioux City Livestock
Sioux City
Joliet Livestock
Joliet, HL
UPI
Omaha Livestock
Sevese Sereer Tenncacedl
Breens
Lamson Close
C.R. Markets
Postville Beef
Minnesota-North Dakota
Red River Valley
Idano Falls
Wisconsin
Reds
Midhwan Russets
Man
Banks of Iowa Securities
Public Service Institute
Civitan — Club
Bishops
Boldt Lodging Home
1St Ave
N.W
Call the City Telephone Information Service
Adv
Stickney
Nelson’s Grocery and Meats
Avenue Floral & Botanicals
Pierson’s
16Th Ave
S.W
Jeannie Schneider
Mar J’s Fine
Moose
Jim Peters
Ramada Inn
Sixth Street
Pierson’s Florists
Gordon Emmons
Midwest Automotive Supply Inc
Fourteenth Avenue SW
Peoples Church
Town & Country
Mt. Vernon
Mt. Vernon Rd
S.E
Hinds
Buresh East
Armstrong’s Fur Salon
Rose
Johnny’s
Dale’s
Dave Linge
Cedar Memorial Funeral Home
Embassy Club
Karen M. Lee
Third Avenue SE
Donald Fuller
Twenty-sixth Street
Kirkwood Community College
Patricia Northoff
Pawnee Drive
By Frank Nye
House
Jerome Fitzgerald
Fort Dodge
Robert Ray
Senate
George Kinley
Kinley
Consumer Credit
Commission of Labor
Energy Policy Council
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!