Broad Stock Decline and Iowa Hog Market Movements
The Cedar Rapids hog market was lower with Thursday prices for 210 to 240 lb Butchers at 56.25 to 57.00 per cwt. Sows under 300 lb declined, and weight-based adjustments affected packers margins. In New York, the Dow fell 16. The Dow at 859.12, with many banks raising prime rates to 7.44 percent. The market also noted declines in United Technologies and International Harvester, and mixed moves across NYSE and Amex indices.
MENTIONED IN THIS ARTICLE
Cedar Rapids
NEW York
New York Stock Exchange
First National City Bank
Company
United Technologies
ST. International Harvester
NYSE
Amex
Bette
Tdav
Lust
Stere
Igh Ltd
Abu An
m+ Abbi
Annnton
Saulbrindy
Fess Wai & Inownes
Agence
Serore América al
Havens Meontaie
Kovser
Renneco
Kere Michel
Ie Am Motors
Kimbli
Teleayn
Tycea Erotica
Ale Kresges
Kroger
Uae
FRY Corp
Thexsir
Ravschi
Brey UA
Iain Brunt
Cadence
Mobi
Yan
Morar
Cerrola
Certtesda
Cessnagh
Fescue
Chibaent
Ron — Haiblaen
Natstasoa
Rysler Ae
Cire
Cheney
NeRcp
Aoe Cinessy
Nees
Clarke
Coil
Mats Sa
Pges
Bonnin
Dienst
Bemney
Dillon
Porwet Igs
Disney Tm
Pasig
BrFappr
Pier Tex
Pheloo
Dukes
Phileas Binevel
EnstairLin
Sis Baska
Evans Fee
Senisie
Rolston
alinBay
Ae Saul
Des Moines
Man Arrested on Drunk Driving Charge
Albert Guy Price, 48, of 1049 Center Point Road NE, was arrested on a county road east of Robins Friday night and charged with drunk driving. Linn County sheriff's deputies said they stopped Price for speeding when they observed what they considered drunken behavior.
MENTIONED IN THIS ARTICLE
Albert Guy Price
Center Point Road
Robins
Linn County
Price
Manchester Man Hurt a Highway 13 Crash
A Manchester man sustained injuries in a crash on Highway 13. Details are limited, but the incident involves a single vehicle and emergency responders were dispatched to the scene. Authorities are investigating the circumstances of the collision.
MENTIONED IN THIS ARTICLE
Manchester
Ulvitus Club film shown at Civitan meeting
A film titled Bess and Honey will be shown at the Ulvitus Club meeting at 7 30 am Friday at Bishops downtown. Also listed are yard sale items and various local notices including thefts and patrol reports with names and addresses in the area.
MENTIONED IN THIS ARTICLE
Ulvitus Club
Bess and Honey
Civitan Club
Bishops Downtown
Two Men Arrested in Cedar Rapids Drug Drive
Two of four suspects wanted on warrants in an eight and a half month Cedar Rapids drug investigation have been arrested. Tom Sarver 22 of Mt Second Street SW was arrested at 9 p m on Thursday at his residence and charged with delivery of a controlled substance marijuana with possession of a controlled substance. Joan L Walker 24 of Bever Avenue SE surrendered Friday morning on a warrant for delivery of a controlled substance marijuana. Both remain in jail on bonds of 2000 and 1500 respectively while police continue the probe. seven suspects remain at large.
MENTIONED IN THIS ARTICLE
Tom Sarver
Second Street
Pan
Uhurstay
Sarver
Joan L. Walker
Bever Avenue
Walker
Cedar Rapiis
Grains Face Sharp Losses as Prices Slide Again
Chicago reports show wheat corn oats and soybeans retreating Friday as traders anticipate rain and record production. Futures fell across the board with wheat down about 10 cents, corn around 6 to 10 cents, oats down roughly 25 to 28 cents, and soybeans slipping about 3 cents amid carryover selling and wary market sentiment.
MENTIONED IN THIS ARTICLE
Des Moines
Wocally
Chicago
UPI
Midwest
Saudis Plan Loan Of 100 Million For Bell System
New York AP report says Saudi Arabia will lend AT&T 100 million dollars in six year notes at 8.4 percent. The plan funds Bell System operations as AT&T and units have raised 1.2 billion so far this year and expect 650 million more. Executive VP and CFO Charlee Brown oversaw the placement through First Boston Corp. The loan eases domestic market demand while enabling the remaining financing for the year.
MENTIONED IN THIS ARTICLE
New York
Oik
Saudi Arabia
American Telephone & Telegraph Co
Bell System
At&t
Lake Air
First Boston Corp
New York City
Charlee Brown
At& J
Average Iowa Farmland Value Tops 1000 Per Acre in 6 Mo
Iowa farmland averaged a record 610 per acre for the six month period ending May 1, up 7.1 percent or 54 per acre since November 1, 1974. Twenty four counties exceed 1,000 per acre, with Grimdy at 1,245 and Ringgold at 331, as researchers note rapid value rise driven by expansion and tight listings.
MENTIONED IN THIS ARTICLE
Ames
API
Iowa
Grimdy
Ringgold
Laws Agricultural Experiment Steen
Javit
Grundy County
Black Hawk
Boone
Calhoum
Carto Gordo
Franklin
Greene
Hamilton
Hancock
Hardin, Humboldt
Kossuth
Linn
Marshall
O'Brien
Pocahontas
Polk, Sac
Scott
Sioux
Story
Webster
Winnebago
Wright
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