Stocks Slide as Rates Rise in Muted New York Trading
The Dow fell 6.63 to 63.14 as rates climb and money supply expands. Occidental Petroleum led activity while IBM Xerox Upjohn and Digital Equipment moved lower amid broad declines on the NYSE and a softer market tone.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Occidental Petroleum
Big Beach
IBM
Xerox
Upjohn
Digital Equipment
NYSE
Amex
Pansion
Trial Begins in Jail Release Suit
In district court Monday a suit against Linn county Sheriff Walter Grant was heard by an inmate at the county jail seeking release from custody. Wayne Fuller, held since June 20 on an alleged parole violation, contends he has not received a hearing within a reasonably prompt time as required by the U.S. Supreme Court.
MENTIONED IN THIS ARTICLE
Linncouny
Walter Grant
Wayne Fuller
U.S. Supreme Court
Wheat Edges Higher on Export Demand as Markets Turn Volatile
Chicago markets show wheat advancing to a seven month low peak with irregular gains while corn and oats slip and soybeans fall sharply. Export potential supports futures despite rains easing early advances. Poor legible remainder notes mixed cash grain quotes and unclear figures from the Chicago data.
MENTIONED IN THIS ARTICLE
Chicago
Iowa executive council approves 549000 tower contract
Iowa executives approve a 549000 Harris contract to install Fort Dodge and Mason City educational broadcast network towers. RCA protested the bid, claiming design advantages would cut power costs, but the council upheld the lower bid and projected savings were not clearly documented.
MENTIONED IN THIS ARTICLE
General Service Department
Firemen Rescue 26 From Stalled Amusement Ride
Omaha fire units and LaVista crews freed 26 people from a stalled Sky Lift at Peony Park Saturday night after a multi hour rescue. Park officials blamed a faulty valve and prior day failures, with ladders set and riders guided to safety by firefighters.
MENTIONED IN THIS ARTICLE
Omaha
LaVista
Peony Park
Asst
James Pattavina
Bremen
Dick Schroeder
Five Appear in Magistrate Court
The following have appeared in magistrate's court David Joslin 822 McKinley street SE pled guilty to an amended charge of larceny of less than 20 and received a 30 day suspended jail sentence. He was charged with larceny in the nighttime in connection with an incident June 19 at the Colonial Baking Co building 400 Eighth street SE. Cindy Jensen Mr Vernon Thomas Melloy Dubuque and Claudia Switzer 148 Thirty-sixth street drive SE were fined 26 and costs each on charges of criminal trespass. Paul Cayros 801 Sixteenth avenue SW was fined 15 and costs. They were charged with trespassing at the Fairfax quarry on June 4.
MENTIONED IN THIS ARTICLE
David Joslin
McKinley Street
Colonial Baking Co
Eighth Street
Cindy Jensen
Vernon
Thomas Melloy
Dubuque
Claudia Switzer
Thirty-sixth Street Drive
Mansfield and Ford clash over $1 gas forecast
Senate Majority Leader Mansfield warned gas could hit $1 a gallon by year end if oil producers act and energy policies are followed. President Ford and White House aide Nessen dismissed the chance, saying no indication of such a rise exists. Mansfield criticized current price hikes as unjustified and questioned oil company profits.
MENTIONED IN THIS ARTICLE
Washington
Ford
Senate
Mike Mansfield
Montag
Mansfield
White House
Ron Nelsen
Montana
Nir
Ness
Nessen
GM Confirms 76 Price Hike Across Fleet Models
DETROIT UP L reports General Motors told dealers that price increases up to 6 percent will be charged to fleet buyers of 1976 model cars and trucks. The move signals substantial post‑fall price rises as automakers prep new models despite buyers facing higher 1975 prices. The price assurance covers purchases of more than 10 units and aims to keep 1976 models within 6 percent of 1975 counterparts.
MENTIONED IN THIS ARTICLE
Detroit
Cedar Rapids
UPL
General Motors
Cedar Rapids News Briefs Involve Theft and Local Notices
Local items report car thefts including a $225 police radio receiver from Harold G Taylor Jr's vehicle and a $350 radio from Thomas Robertson's car. Other notes include lawn ornaments stolen from Libbie Noeller, a $100 typewriter and other gear from a church, and various community notices about scholarships, deans lists, and local events in Marion and Decorah area suburbs.
MENTIONED IN THIS ARTICLE
Harold G Taylor, Jr
Parkcourt SE
Thomas Robertson
Thirtieth Street
IE Tower
Grace Crenshaw former businesswoman dies at 94
Grace E. Crenshaw a former Marengo businesswoman died Thursday in a Hupextale Illinois hospital where she had been a patient six weeks. Born October 31 1860 in Garfield county Nebraska she taught in country schools then served as county superintendent in 1908 1906. She and her late husband B F Crenshaw ran the River to River hotel from 1918 to 1929 later owned two Marengo restaurants. Surviving include Roland A White Champaign Illinois four stepchildren Mrs Albert Lazan Bloomington Indiana and sister Mabel J Reeves Denver.
MENTIONED IN THIS ARTICLE
Marengo
Grace E. Crenshaw
Bloomington
Kopel Elected to Association Post
Merle Kopel of Linn county Iowa has been elected vice-president of the International Association of Clerks Recorders Election Officials and Treasurers. His election as first vice president will lead the organization in the 1976 77 year. Also note stray financial quotes from Monday including gold and silver figures and London market.
MENTIONED IN THIS ARTICLE
Merle Kopel
Linn County
Auwistor
International Alan
Louis
Kopel
Dirks Named Ankeny City Manager Here
COUNCIL BLUFFS AP reports David Dirks age 29 from Minnesota was named city manager of Ankeny. He will begin the post on July 2 and previously served as assistant city manager in Council Bluffs since January 1, 1971. Salary details were not announced.
MENTIONED IN THIS ARTICLE
Council Bluffs
David Dirks
Corneil Bluffs
Ankeny
Dirks
Minnesota
Fire Destroys Room in Cr Southeast Side Apartment
A short in two fan motors caused a blaze that destroyed a second floor bedroom in a two and a half story frame building. Firefighters were called to Shelly Spalt residence at 158 Bever Avenue SE at 6:31 a.m. Monday to extinguish the fire. Owner Doran Welch resides at 1735 1 Street SW.
MENTIONED IN THIS ARTICLE
Shelly Spalt
Bever Avenue SE
Doran Welch
Man Arrested for Drunk Driving in Cedar Rapids
Raymond B. Tolley, 34, of Sunrise Trailer Court, Cedar Rapids, was arrested Sunday by a county sheriff deputy on drunk driving charges. Tolley was taken into custody on Highway 218 south of Cedar Rapids after being released on bond.
MENTIONED IN THIS ARTICLE
Raymond B. Tolley
Sunrise Trailer Court
Cedar Rapids
Lion County Sheriffs
Tolley
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Eer
Jerry Bemer
Hank of
Marion
Hank
7Th Ave
3Rd St
Libbie Noeller
Twenty-sixth Avenue
Steven Larson
Thompson Drive
Giustavas Adolphus College
St. Peter, Minn
Ralph Latham
Forest Drive
People's Unitarian Church
Third Avenue SE
Mefinnaldt Drive
Williams Boulevard
Cnn
Robert M.yoder
Greek Road
Seminole Valley Park
Sven C. Larson
Garden Drive SE
van Vechten Park
Euresis Rentals
Adv
Burplars
Michael Shuttleworth
Fourth Avenue
Travel and Transport
Tak
Ruth Caldwall
Sixteenth Avenue BW
Polite
Wiliams Bobleyerd
West Side Garden Center
Drd Ave
May City
Ady
Ray Myers
Fourth Street
Temple Judah Games
Lindsay Lane
Luz Eidell
Reinheek
Sixth Street
Robert Healy
First Avenue NE
Breakin
Ronald Gephart
Larry Wagamon
Tenth Street
Keith von Stein
Witwer
Outreach — Credit Union
First Lutheran Church
1000 Third Avemia SE
Kee
Daniel Shea
Clark Road
John Frank
Manpower, Inc
Ty Permament
Bean
David Baward Flannery
Elmhurst Drive
Emory Univarsity
Atlanta
London
Pold
C.R
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