Dow soars as market hits new high amid heavy trading
New York stocks surged on Monday with the Dow Jones average up sharply in heavy trading, led by Central Telephone and other active issues. Traders cited continued momentum from the year’s rally, with NYSE volume among the busiest on record and advances outpacing declines by about three to one.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
NYSE
Central Telephone & Abilities
American Stock Exchange
Rene Iie
Leonia
Exxon Profits Dip 1976 Year Worth 2.5 Billion
Exxon Corp the worlds largest industrial company said 1976 profits fell 17.0 percent from 1974 level. Fourth quarter profits declined to 633 million or 2.83 a share from 771 million or 3.45 a share a year earlier.
MENTIONED IN THIS ARTICLE
New York
Exxon Corp
Exxon
Uio Company
Beating complaint ruled unfounded in Cedar Rapids jail case
Adnan sterilt's inpirt ment found the Cedar Rapids beating claim unfounded. Joseph W. Klitna was detained on a drunken driving charge, released, then went to Mercy Hospital eight hours later claiming chest pain and alleging a rib fracture. Doctors reported no bruise or abrasion, with one indicating a rib fracture suspected but not confirmed.
MENTIONED IN THIS ARTICLE
Adnan
Cedar Rapids
Joseph W. Klitna
Twentieth Avenue
Mercy Hospital
Mny Cather
Gedar Rapids Hog Market Steady With Varied Weight Discounts
The Gedar Rapids hog market Monday showed steady prices for 200 to 200+ pound live-weight hogs. Barrow and sow quotes ranged around $38.60 to $39.00 for 800 pounds and lighter discounts applied to heavier animals, with specific cuts for weights above 230 to 260 pounds and reduced pay for packs over 300 pounds. Regional notes mention Waterloo purchasers and varied prices for market animals, with sows and butchers receiving adjusted rates and discounts applied per weight range.
MENTIONED IN THIS ARTICLE
Gedar Rapids
Des Moines
UPI
Beans Corn Limit Losers on Chicago Board of Trade
Chicago reports show grain futures slipping as government stocks exceed expectations. Soybeans down 20 cents, wheat 16-17 lower, corn 10 lower, oats 6 lower. March futures listed. Des Moines markets note mixed livestock prices with some declines in steer and heifer values and uneven pork demand. Federal market summaries indicate generally unchanged to lower prices with steady demand in livestock and grain sectors.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Des Moines
Uri
Midwest
fAonday Ben T
Fend
Boston Bulls
Ib Stacey
Ménitoy
Ine
Lomsom Des Moines
Ls Loniday
Maudey Revaciou
Holme Wn Chaaned
al Ras
Sul
Imerdeater
Sunnties
Watkins Woman Dies in Fire
Molly Kurzman, 71, died early Monday as flames engulfed her Watkins home. Neighbors spotted the blaze around 9 a.m. and firefighters from Blairstown, Norway and Watkins battled the fire until noon but could not save the house. Burial and funeral details follow at St Patrick's Catholic Church with Rosary and services arranged. Partners and siblings listed: sister Mary Ockenfels, brother Emil Stursa.
MENTIONED IN THIS ARTICLE
Watkins
Molly Kurzmint
Blairstown
Norway
Molly Kurzman
Altar
St. Patrick's Catholic Church
Mary Ockenfels
Emil Stursa
Mangunto
Minn
St. Patrick's Cathiolie
Rossartes Thesday
Fellmer's
Keystone
Drunk Driving Charges Against Two in Cedar Rapids
Police arrested five persons for alleged drunk driving over the weekend in Cedar Rapids. Robert L. Rule, 18, of 814 Suburban St NE, was stopped on First Avenue near Cottage Grove SE after erratic driving and disobeying a traffic signal. Ronald J. Stastny, 22, of 2480 Brooklyn Dr NE, charged after erratic driving in the 2500 block of Williams Boulevard SW. Both were released from Linn County Jail on $500 bond.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Robert L. Rule
Suburban
First Avenue
Cottage Grove Avenue
Ronald J. Stastny
Brooklyn Drive
Tiscom
Williams Tuilevard
Linn County
Cedar Rapids News Briefs Include Local Losses and Honors
In Cedar Rapids brief items, community notices report a dean's list student at Virginia Commonwealth University, local thefts including a saw, tape deck, tires, and a $40 pistol, plus a $200 Irish setter missing and a promotion to captain in the Army nurse corps. Also listed are sale ads, a church or club event, and township meeting notice.
Colton Plans Action On City Appointments
Colton, Cedar Rapids safety commissioner, said he may call a special council meeting Tuesday to discuss department head appointments, with the police chief job drawing particular attention. He took office Jan 2 after defeating James Steinbeck. Colton plans to form a citizen advisory panel to study police, building and traffic, with recommendations to follow.
MENTIONED IN THIS ARTICLE
Ceder Rapids Safety
Ed Colton
Colton
James Steinbeck
Mel Meyer
Wallace LaPeters
Cotton
W Co. Forenne
Des Moines
Cotto
Nevail
Calton
LaPeters
Meyer
Ed Winter
Edsel McMickle
Civil Service
Riles
Pacas
Roosevelt Hotel
New Test
Tom Kelly
Dalton
Kelly
Fire
Colton Alley
Burglars Enter C.R. Residence
Burglars entered the Donndl L Twiselton home at 1305 Maplewood NE Sunday taking items valued over 1030 dollars. Entry occurred by breaking a back door and reaching in. Seized were a 349 television set a 25 radio a 50 rifle a 125 pump shotgun 25 and a 150 diamond ring an 800 diamond vin and two gun cases totaling over 1000 dollars.
MENTIONED IN THIS ARTICLE
Donndl L. Twiselton
Maplewood Drive
Man Held After Check Cashing Incident
Centrel Wilson, 28, of 399 Pebble Lane Hiawatha was arrested at 6 16 a m Sunday in the 200 block of Center Point read NE on a warrant charging forgery fraud. Wilson is accused in connection with cashing a $75 check at the Me Tag food store. Wilson remained in the Lina county jail Monday under 1260 bond.
MENTIONED IN THIS ARTICLE
Centrel Wilson
Pebble Lane
Hiawatha
Center Point
Wilson
Lina County
Brother and sister charged in bank bag theft
Brother and sister were arrested after allegedly stealing two bank bags containing $2,700 from the Western store at 425 First Avenue SW. Becky Sie Blackwell, 41, and her 17 year old brother were taken into custody Sunday. Formal charges had not been filed by Monday as investigators continued.
MENTIONED IN THIS ARTICLE
First Avenue SW
Becky Sie Blackwell
Second Avenue
Blackwell
Man Charged With Assault On Cab Driver
Douglas Heeler, 26, of L263 First Avenue SE, is charged with assault and battery after allegedly striking cab driver Wilford T. Price, 57, in the 1200 block of First Avenue NE around 5:53 am Sunday. Price, who fled to St. Luke's hospital with possible head injuries, later reported $80 missing from the cab. Heeler is held in Linn County jail on a $125 bond.
MENTIONED IN THIS ARTICLE
Douglas Heeler
Price
Bester
St. Luke's Hospital
Dividends Declared by Diversified and Progress Funds
Directors of Diversified Fund of State Bond and Mortgage Go and Progress Fund Inc have declared distributions payable January 27 to shareholders of record January 5. Diversified Fund reports a year end capital gains distribution of 6.5 cents per share for long term and 6.4 cents per share for short term totals 12.9 cents. Progress Fund awards a 3 cents per share semi annual income distribution.
MENTIONED IN THIS ARTICLE
Diversified Fund
Progress Fund, Inc
Progress
Court Refuses To Widen Medicaid Abortion Case
Washington AP report states the Supreme Court declined to expand review of a Missouri abortion Medicaid case to include the constitutional issue. Justices kept focus on standing and jurisdiction, not merits. They also let stand rulings exempting Western Washington tribes from most fish regulation and allowed police arrest warrants in public felonies. The court did not block action against vitamin B-17 or Laetrile reporters and rejected a Nebraskan film case timing request.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Missouri
Rnle
New York
Utah
Pennsylvania
Ohio
South Dakota
Noth Dakota
Minnesota
Connecticut
Manson
Lamette
Squeaky" Frontine
Washington State
Tennessee
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Mim
Dan
Iowa
New Yorkiap
Aireolne
Meunélu
AlleaCo Msc
Aueiondt
May & An
Auietaan
Aimeot Dia
Dave Ee
Aric
PSH
Bea
Theresa
Coin
BorWar
Aoe Brit Petipe
McGrett Sa
Brurswidd eouCp
Bueyer m
Budute
Negri
Bulova
thaSul
Nel
Moblin
Link Rania
Burling Nat
Ae Buri Moris
Boutros
Tay
Sia Suauco
Umorl
Curohn
I Ag Corrco
Aoa Cortwell
GosliCh Lily
Coleratra
Ebsnag
Eelunsy
Fensart
Cessnoaley
Seley
Shasta
Horgan
Ang
NorGs
Lo Panes
Reneonta Boiman
Beltalr
Baessam
Disney
Brvenio
Ssrs
Iain Dba
Gil Ghee
WR Flin
Flahol
Bo i
Marrs
Homesell
Asa Houshf
Cindy
Dad Lea
Joni
Lamson Brothers
Beatrice Food Sonvneesinen
Guolaeitarnsvverercineannreed
Homkoya Banton Peet
YB Health
Manaren
Md-Gomtinint
United Guaranty
Vicken Car Ee
Innebos
Aye Ag Sbm
ETON
Bracco
Varia Ge Ray
Yale Ofan
Asociaed
Lamsant Brothers Opr
CR. Markets
Thy
Code Rapids Shoom
Waterloo Hogs
Waterloo
Huteters
Hivery
Billeter
U.S. West North Central States
Mandy
Aptis
Nancy McCreedy
Virginia Commonwealth University
Dale Hay
Avenue NW
Ratt’s Knitting Studin
Larry Goon
John T. Marshall
N Street
Michel Weber
Park Towne Lane
Michael Elam
Thirteenth Avenue
Drinkward Street
Armyhurst
Michele Warchter
David Waechter
Sigourney
Madigan Army Medical Center
Tacoma
Wash
Wrealling
UNI
Unidome
Es, Inc
Gregory's
Center Polo
Gittree
Darryle
Ilse
Fifth Avenue SE
Mel Walters
Paul Scherrer
I Avenue NW
Fred’s Custom Cycles
Ellis Boulevard
Scott Stautfacher
White Oak Road
William J. Barnes
Dinnter
Flamingo
Jerome’s
Ak Coe
Nelnon's
Otter Creek
Alburnett
George E. Ree
Ruesail Conkling
David Taaler
George Moore, Jr
George E. Rice
Connie Brooks
Adv
Stadium
Rockford Rd
Roy Bettison
Crescent Street
Twelfth Avenue
Dale Kueter
lLe
Raymond Baker
Paul Dickerson
Charles Irony
Gareth Clift
John Arger
Ralph Myers
Tinatis Stepanek
James Barnes
William Byrne
C.R
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