Stock Prices Rise Amid Federal Credit Policy Bets
New York reports a steady market advance with Dow Jones near 27,100 as optimism over the Fed’s eased credit stance boosts sentiment. The NYSE shows gains across major shares with speculation mounting that the Fed may tighten further later, while broader indices reflect improved investor confidence.
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Prachi
Marlyvale
Ineba Rerivon
Federal
Revervn
Nie Fed
Nigal Hy Bros
Vie Smatlers
Iowa Interest Stocks Rise on Major Exchange Indices
The NYSE composite rose 23 points to 56.28 while the American Stock Exchange market value index advanced 20 to 106.03, signaling a broad upswing in benchmark gauges this session.
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NYSE
Cedar Rapids Market Monday Steady Despite Mixed Livestock Demand
Livestock trade in Des Moines and Cedar Rapids shows moderate demand with butchers mostly steady and midsession adjustments. No 1-3 hogs 270-330 pounds bring 41.50 to 52.50, sows 40.25 to 42.50, estimated receipts around 70,000 with Friday and weekend totals provided.
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Cedar Rapids
Des Moines
UPI
One Charged One Injured in C R Accident
Charnes D Shaull 14 of 2237 Williams Boulevard SW charged with disobeying traffic signal in connection with an accident that injured another driver at 4 42 am Sunday. Shaull’s eastbound vehicle failed to heed a red light on First Avenue and Fifteenth Street SE. Willie G Reich 65 of 4314 Eighth Avenue SW drove another car at the intersection. Reich was taken to St Luke’s hospital for neck injury and released. Police said Shaull’s view of the light may have been blocked by a tractor and trainer. They allobliged WL? with failure to display valid driver’s license.
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Williams Boulevard
Yolley
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First Avenue
Fifteenth Street
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Willie G Reichi
Eighth Avenue
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St. Luke's Hospital
Three Arrested on Drunk Driving Counts in Cedar Rapids
Cedar Rapids police charged three persons with drunk driving over the weekend. Keith Litman, 22, was arrested near Mi Vern and Fifteenth Street SE at 12:32 am Sunday. he also faced license suspension and related charges. Willan Bush, 81, of 271 Drivkward freak NW, arrested at First Avenue and Twenty-ninth Street at 2:87 am Sunday. Robert J Barger, 18, of 208 Auburn Drive AW, arrested at 44 pm Sunday. Central City resident Hazel M. Opter, 34, on Route 8, Sunday following a hospital visit. Formerly of Springville, she had lived in the Central City area 20 years. born May 4, 1918 in Delaware County. Surviving: her husband, two sons Ronald C. in Cedar Falls and Roger in Cedar Rapids, four grandchildren. Services: Chapel of Memories in Cedar Rapids at 7:30 p.m. Wednesday. Rev. Herbert Shafer of Buc Crook United Methodists church in Hopkinton to officiate Cedar Memorial funeral. Friends may call Cedar Memorial funeral home after noon Tuesday. donations to the Children’s Home welcome. Casket will be closed.
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Mi Vern
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Cedar Falls
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Chapel of Memories
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Vandals Damage Learning Center At Kirkwood
Police report vandalism at Kirkwood Learning Center on Cedar Rapids north side. Intruders pried open a sewer access and window, ransacked desks, plants, furnishings, and sewing machines, causing estimated damage around a few hundred dollars.
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All-Iowa Attendance Down 5 217 From Last Year
Attendance at the Alltowns fair dropped about 5 217 from last year with 40 608 total. Sunday draw dipped to 4 957 while last year’s final Sunday hit 10 787. Weekend temps near 90 hindered crowds. bicentennial events drew potential attendees away. Midway dismantling began. preparations for future events continue at the fairgrounds including stock car races on Friday and an Appaloosa show next weekend.
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Broken bottle assault injures youth in rural area
In a Sunday incident Tin county deputies rushed to a scene near Urbane where 18 year old Meade Urbitia sustained injuries after an attack believed to involve a broken bottle. He was transported to Tukaru hospital in Cellar Rapids and is listed in good condition as investigators review the case.
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Man Arrested on Drug Charge After Witness Report
David Gutierre, 26, of 614 Fifteenth Avenue SW, was charged with possession of a controlled substance and intoxication after police warrant at 149 pm Saturday near Perith Court. A passerby reported Gutierre pulling a girl behind a car, leading to his arrest. A quantity of amphetamines was found in Gutierre’s possession. He was later released on a bond of 628 hops Monday.
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Burglary Suspect Nabbed With Help From Neighbor
Neighbors on the Heathwest side aided police in catching a burglary suspect shortly after 1 04 a m Sunday at a residence on Cherry Hill NW. Georgii Adair and Vance Fitch were linked to the break in the Berryard Route address with a broken basement window. Fitch faced burglary charges with a $10000 bond and is held for probation violation.
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Linn County
Cedar Rapids News Briefs Civil Defense Meeting Planned
Cedar Rapids notes a Civil Defense drill plan for Joint Administration with a midweek meetup at Mercy Hospital area parking at 7 30 p m. Tours of Mercy and St Luke’s hospital facilities and Area Ambulance tour are scheduled along with other local notices. Corinne Nogele is a Mercy Hospital patient with visitors allowed. Other items list retired Hawkeye Labor Council, Pension Board meetings, houseboat burglary, stolen shotgun, score meet, and various ads and notices.
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Mercy
Remmers pleads guilty to second degree murder
Michael Remmers, 30, pleaded guilty in Iowa to second degree murder for the Jan. 10 shooting death of Kaye Mesner, a University of Iowa graduate student. The defense had claimed passion under intoxication, while prosecutors argued premeditation. A sentencing date was set for early August.
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Heaton
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Remmer
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