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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 23, 1976

Page

17

Stocks Jump Amid Wall Street Rally Despite Steady Prime Rate

The Dow Jones industrial average rose 11.10 to 954.58 as gains outpaced losses on the NYSE. Investors bought heavily even as First National City Bank kept its prime rate at 6 3 quarters percent, signaling belief in a downward trend in interest rates and possible Fed easing. Fedders led volume with a 4 point gain to 6. The NYSE composite rose to 52.60 and the American Stock Exchange index climbed to 93.94.

New York New York Stock Exchange First National City Bank First National Bank of St. Louis Wall Street Tibank Federal Reserve Fedders Global Mar Goodrh Quaksto Gouldin RaistonPu New. York Rovineon GrGiant RCA Grumm Stock Exchange Fwi Harris T . Harte Hk Homesti la SandrsAsso Hongwil Exchange Seth SonyCp AlcanAlu InNick Tek Corp We AllisChal AMBAC JonMan StBrand Hess StaufCh KaisrAl Stevens Ameipw Kangel StuWor SunOil Ir Katy Ind Bae SystronCon Am Motors Kell Kerr McGel Tektronx Amt&t Kimbel Teledyn KnigtRid AMP Inc AmpexCorp Kraftco Tenaco Kresges Andrh Krogert Texaco Armco Enpcl ArmstCk Textron Asarco Lehma Levitz Furn ThriftDg AtlasCorp Todd Shipyd AvcoCorp Ne LockhdAirc Ldve Loews Transam Lee Late Dolet Fgg aPac Balge LTV Corp LukenSt Unocal Macmill Bendix Macy Uniroyal BenflCp Madis Benguet MAPCO Marcor Ie Boeing BoiseCas Martia Unit Tech BorWer Gnitell Mayig BritPet Brungwi Bucver MeadCo Bank Ramo MGM Ir Vetco Ottsh Ayia Vais Wise Tee Burrghs Wachova Cadence Ind MobilOl Warnerl Nabisco NatAirl WilmsCos ZaleCorp Il Craa Chrysler Notomol Associat E Clarke Civeinn Wningmp CoigPal Coigas Ca ConsuPow Norton MorSim Sod Deak Ae Coopind E Owenen Gwenlil CrownCork Penney ilonCo Pennzol Isney PepsiCol Pfizer Pheipd Bow Philge Dresser PhilMorr Polgroid iBla EastAir Lin Exxon Mer GAF Cp Pere Ae Gomsk Gannett Genesco Inc

Wall Street Stocks Mixed With Narrowing Losses

New York price list shows gains for some blue chips like IBM and Coca Cola while many industrials and financials drift. Traders note slight recovery signs as market attention focuses on shifts in leadership and inflation data.

Cedar Rapids Hog and Sheep Market News Report

Friday livestock prices show higher hogs with 200-240 lb US 1-3 at 50.50 to 51.00 and sows around 38.00 to 38.50. Sheep bids quote choice to prime lambs 90-105 lb at 47.00 to 49.00 with additional lambs priced 44.00 to 47.00. Grain markets list No 1 yellow corn at 2.38 and soybeans at 4.36 per bushel.

Cedar Rapids Omaha Neb USDA U.S Sioux City Webster City AFP Joliet. i UPI Des Moines Waterloo

Corn and beans rise amid broad CBOT session gains

Chicago Board of Trade futures closed with buying and short covering lifting corn 1 to 3 cents and soybeans 3 cents. Oats led small gains, wheat up around 2, soybeans at 4.77 in March. soybean oil fell, soybean meal rose about a dollar per ton. Livestock in Sioux City Des Moines and Waterloo saw mixed trade with hogs higher and cattle steady to weak.

Chicago Chicago Board of Trade

Winter's First Influenza Cases Reported in U S

The CDC reports the first influenza cases of the season in California Oregon and Minnesota. California lists isolated cases while Oregon and Minnesota report more extensive outbreaks. California and Oregon identify viruses similar to influenza A Victoria strain. Minnesota strain labeled influenza A not further classified.

Atlanta UPI United States National Center For Disease Control California Oregon Minnesota CDC

TWA Crash Blame Tied to Confusion Over Three Words

Government investigators fault the Boeing 727 crew for Flight 514’s Dec 1 1974 crash near Dulles after a miscommunication over the phrase cleared for approach. A 3 to 2 NTSB vote supported crew error as primary cause with a dissent citing controller guidance failures. The Indianapolis to Columbus to Dulles flight diverted from National due to wind.

Dulles International Airport Flight 514 Indianapolis Columbus Ohio Dulles Washington

Deputies charge two for drunk driving in Linn County

Linn County deputies arrested two individuals on Thursday night for suspected drunk driving. Glee Ann Kessler, 22, of Solon, allegedly drove erratically on E Avenue and Edgewood Road NW. Carlton Carlson, 44, of Bever Avenue SE, was charged after a similar incident on Mt. Vernon Road east of Cedar Rapids, a second offense.

Linn Glee Ann Kessler Solon E Avenue Edgewood Road Carlton Carlson Bever Avenue Mt. Vernon Road Cedar Rapids

Clock Taken in Cedar Rapids Break-In and Local Notices

Cedar Rapids resident Carol Murphy reported a hand made antique clock valued at 150 dollars stolen during a break in at her residence at 1422 Thirty fourth Street NE. The itemized notices include thefts from various local businesses and services with phone contacts and event ads.

Carol Murphy Thirty-fourth Street Donald Mahan Sixteenth Sixteenth Street Lee M Steinbach Highwood Drive

Hearst Judge Fine After Minor Surgery

San Francisco AP report says U.S. District Judge Oliver Carter 64 is recovering after neck vascular surgery and plans to return to work soon. His illness caused a one day delay in Patty Hearst's bank robbery trial and a replacement judge moved the trial opening to Tuesday.

San Francisco Patty Hearst Peggy Betts U.S Oliver Carter

Soviet Baltic Fleet Mutiny Report Stir Riga

Bild reported a 60 man crew of a Soviet Baltic fleet warship mutinied on November 8 and attempted to sail to Sweden. Submarines and helicopters intercepted the ship before leaving Soviet waters and it was brought to Riga where the crew were interned.

Hamburg West Germany UPI Bild Sweden Riga West Germany

No Gas Curtailment Seen by Iowa Illinois Officials

Officials from Iowa Illinois Gas and Electric Co. say curtailment of natural gas to residents businesses and industry is not expected despite NGPL plans to curb deliveries for the rest of the heating season. NGPL cites FPC delays in approving a proposed storage withdrawal increase.

Iowa Illinois Iowa-Illinois Gas and Electric Co Natural Gas Pipeline Co. of America NGPL Federal Power Commission

Moro to Name Coalition Friday in Italy Crisis

Premier designate Aldo Moro said a two party coalition led by his Christian Democrats and the Socialists would be formed by Friday to end Italy's 37th government crisis. The move follows the Socialists' withdrawal over economic policy and Moro's rejection of formal cooperation with the Communist party backed by the church and opposed by the ruling party.

Rome UPI Aldo Moro Italy Moro Christian Democrats Socialists Roman Catholic Church

Also Mentioned on This Page

Lamson Brothers Am. Ins. Fund Am. Rein Bandag Banks of Iowa Beatrice Foods Conrac No Trades Consolidated Foods FMC Guardsman Harnischiger Hawkeye Bancorp Health Management Interstate Power Iowa Electric Iowa-tll. Gas John Deere Kidde Keuffel & Esser Life Investors, Inc Maytag McCord Corp Mid-America Mid-Continent, Inc Miracle Ozark Paoxall, Inc Quaker Oots Rath Rockwell Syntex United Fire & Casualty United Guaranty al Ici Victor Corp C.R. Markets Omaha Livestock Sioux City Livestock London Webster City Livestock U.S West North Central States Federal OWA Farm Joliet Livestock Hogs Waterloo Hogs Midwest Chicago Cash Grain Mercantile Exchange TWA Cedar Rapids News Ice Capades Woodfield D. J Wagamon General Motors Adv Jim Kruse Coast To Coast Sixteenth Avenue SW Four Seasons Florists Mount Vernon Rd Nelson's Grocery Nashville John Edwards Central College Pella Prairie High School Rieger Begonias Pierson’s Florists Avenue Floral Moose Sherwin-Williams 2Nd Ave Montrose Hoover House West Branch Montrose, Doors Rockford Road Buresh Rental East Ryder Truck Rental First Christian Church Embassy Club Western First Avenue SW Dr. McCray 5Th Ave MNI Unidome Charter Coaches, Inc Gregory's Pink Panther, Inc Center Point Rd 7Th St. SE Baumhoefener Nursery Johnson Ave Brent Pahl Killian’s Lindale Plaza Hearst Coalition Dain, Kalman
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