Stock Prices Sag in Broad Market Decline
New York tradingMonday saw a broad price slide with the Dow Jones 30 averaging 884.71, down 3.80. Declines led advances on the NYSE by more than 2 to 1 as oils lines and motors weakened, while speculative issues rose and several sectors showed mixed results. Analysts linked the dip to concerns over rising interest rates potentially choking economic growth, with potential bounce possible from strong second quarter earnings reports.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Nixon
China
Stock movers on Big Board and Amex show mixed prices
The Big Board most active list includes Inter national Chemical & Nuclear down 2 percent at 2634, Natomas down 2 percent at 83, General Electric down 1 at 5558, Lockheed up percent at 12, Swift & Co. down percent at 43, and Sperry Rand down percent at 285s. Amex listings show Champion Home Builders down 1 at 2858, Arkansas Louisiana Gas up percent at 28, Punta Gorda Isles down percent at 17, and General Cinema up percent at Vy.
MENTIONED IN THIS ARTICLE
International Chemical & Nuclear
Natomas
General Electric
Lockheed
Swift & Co
Piper, Jaffray & Hopwood
Ins
Fund
Rein
Eeee Senna
Banks of
Lowa
Beatrice Foods
Elinton
Consolidated Foods
Excel Ley
VW -Lia
United Group
We- 3A
Harnischter Interstate P. Wotede
Owa Electric
Life ‘Invest
Apco Maeee
Vaker Cate
Wilson-Sinclair We
Wilson Certified Foods
Fansteel Inc
Wie Panams
PepsiCo
AF Corp
Ralston P
Anco Inc
Raytheon
Gillette Wi
Va Readin Co
New York
York
A Stock Exchange
Chang
Clerthh
Ryd Roy
Cudahy Co
Lin
Lock
Sherw
Abva
Seetbeeeteseeesen
Signal Co
Va Ae
Smfherco Re
York Stock House
Las
SiBrands
Itek
Swift Co
nJoh
Tektronix
Kennecott
At& Ae
imbCik
AME Inc
Kraftco
AMP Inc
Ampex Corp
Ancorp
Atlas Chem
Avco
Lockheed Air Ib
UniCal
Unit Air
Royal
Beckman
Lykes
US Induste
Macke Co
Macy RH
US Steel
Smelt
Va ‘S
BenetiCo
Marath
Boeing Co
Martin M
Varian
Assoc
Ie Mc Jon
Brunswic
Memorex
Whittaker
Williams
Mons
R K
Xerox Co
Cartwal A
Motorola x7
Ea Zale
Associated Press
CelaneseCo
Nabisco
Cerro Co
Chris Craft
Nat Steel
Chrysir
L'E
Clark As
NevPow
Clevens
CocaCo
Newmat
Nia MP
Colonnist
Norfolk
Ae Colu Gas
Norris Ind
NoStaPw
North
Nwst Alri
Norton
Air Lin
Lade
Nort Simon
Occid Pet
OhioEd
Cox
Otis
Owen
CrowZell
CurtissWrt
Pac T&t
River
Dart
Ind OaycoCp
E ' Payinel
Lamson Brothers
Bella Alt
Disney
duPont
Dynam Am
asKodak
Eaton Echiin
Aircham
Chicago Produce Prices Mixed Across Items
UPI reports butter firm at 67.78 and 67.84, eggs steady with ranges for cartons, potatoes show overall shipments and track sales, California long whites at 4.50 and Texas round reds between 3.25 and 4.50. NY wholesale eggs lighter with demand steady, creamery grade AA at 68 to 69 cents and grade A about 68%.
MENTIONED IN THIS ARTICLE
Chicago
California
Texas Round Reds
Faidition
NEW York Produce New York
USDA
Cub Scouts Pack 27 Kevin Day Receives Award
Cub Scouts Pack 27 at St. Pius X school awarded Kevin Day on Thursday for outstanding service and achievement within the troop and school community.
MENTIONED IN THIS ARTICLE
Kevin Day
St. Pius X School
New Crop Beans Fall as Markets Close Lower
Chicago AP reports new crop soybeans decline 3 cents or more per bushel with July delivery up a cent near the close. Late selling pushed distant corn deliveries down over a cent while oats remained weak. Wheat closed irregularly lower.
MENTIONED IN THIS ARTICLE
Chicago
Chicago cash grain prices in brief
Wheat No 2 soft red 1.57 and No 4 red 1.60. Corn No 2 yellow 1.54. Oats No 2 extra heavy white 0.722. Soybeans No 1 yellow 3.4934. Soybean oil 15.22.
MENTIONED IN THIS ARTICLE
Chicago
Tuesday Estimate Chicago Livestock Receipts
AP dispatch notes USDA estimates for Tuesday cattle receipts totaling 500 head including specified cattle categories and market context in Chicago.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Cattle Prices Steady to Higher in Chicago Markets
Chicago cattle quotations show 5,000 head traded with slaughter steers steady to 25 higher. Prime 1,200-1,400 lb yield 3 and 4 at 33.75 to 34.25. Choice prime 1,100-1,400 lb at 33.50 to 33.75. Slaughter heifers yield grades 3 and 4 at 32.25 to 32.50. Mixed good and choice and various weight ranges noted.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Iowa Hog Prices See Active Trade In Des Moines
Interior Iowa and southern Minnesota hog markets show fairly active trade and generally good demand. Butchers steady to firm with 25 cent gains, lows steady. receipts Saturday 35 000 and week totals around 79 000. U S 1 3 200 230 lb butchers 19 75 20 75. sow and heavier weight classes listed with price ranges.
MENTIONED IN THIS ARTICLE
Iowa
Des Moines
UPI
Minnesota
U.S
Omaha Livestock Market Report Highlights Mixed Hog and CattlePrices
Hogs 5,000 head mostly steady to higher with some up to 25 cents. barrows and gilts around 20.75 to 21.00 for 200-240 lb ranges, lighter weights 19.50-20.75. Sows up to 25 cents higher. calves 100, steers and heifers firm to 25 higher. cows 25-50 lower. High choice and prime 1,150 lb steers 33.90. 1,150-1,200 lb 33.00-33.75. 975 lb and up 31.75-33.00. Feeder steers 29.00-30.75.
MENTIONED IN THIS ARTICLE
Omaha Livestock
OMAHA
UPI
Sioux City Livestock Market Report Highlights Hogs and Cattle
UPI reports hogs at Sioux City firm with 5,500 head and brisk demand. Butchers jump to 25 higher. U S 1-3 200-240 lb hogs 20.75-21.00. Sows mostly 25 higher. Ib 16.50-17.25 for U S 1-3. Cattle feature 4,500 head with steers up to 25 higher. choice 1,000-1,300 lb steers 32.00-33.50 per cwt and 1,250 lb and up at 33.25. Slaughter heifers 850-1,075 lb at 31.00-32.00. 975 lb at 32.25.
MENTIONED IN THIS ARTICLE
Sioux City Livestock
Sioux City
UPI
U.S
Niger
Waterloo Hog Market Steady As Slaughter Hog Prices Rise
Waterloo country buying points reported a steady market Monday with 200 to 230 lb. hogs bringing 19.50 to 20.00 dollars. 270 to 300 lb. packing sows sold for 16.00 to 16.50 dollars. Plant delivered prices in Waterloo were 0.50 dollar above country points.
MENTIONED IN THIS ARTICLE
Waterloo
Postville Beef Market Prices Report
The Postville beef market quotes Monday list prime steers 32.50 to 33.50, choice steers up to 32.50, good to 25.00, standard steers 24.00 to 25.00, choice heifers 30.50 to 31.50, good heifers 26.00 to 28.00, utility cows up to 22.00, canner and cutter cows 19.00 to 22.00, bulls 25.00 to 26.00.
MENTIONED IN THIS ARTICLE
Postville Beef
Postville
Postville Beef Market
Cedar Rapids Hog Market Steady Prices Reported
Prices paid on Monday in Cedar Rapids hog market were steady with Saturday figures for 200 to 230 lb butchers around 19.75 to 20.25 dollars. Sows under 300 lb ranged 16.25 to 16.50 dollars, with price reductions for heavier weights and various weight grades. Feeds and grains show delivered signals with No. 2 yellow corn at 1.34 dollars and No. 2 soybeans at 3.30 dollars per bushel.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Mondey
Newman Clark Elected Directors at Center for the Study
Actor Paul Newman and former Attorney General Ramsey Clark were elected directors of the Center for the Study of Democratic Institutions in Santa Barbara California according to UPI.
MENTIONED IN THIS ARTICLE
Santa Barbara, Calif
UPI
Paul Newman
Ramsey Clark
Center For the Study of Democratic Institutions
Gordon DeLay to Retire From Quaker Oats Cedar Rapids Plant
Gordon DeLay will retire January 1 1972 after 40 years with Quaker Oats Cedar Rapids. He will step down October 1 and stay on in special assignments through year end. Richard S. Sheehy will become Cedar Rapids plant manager October 1 and assume duties at the Danville Illinois plant. DeLay led Cedar Rapids operations for decades and engaged in civic work. Sheehy has 24 years with Quaker and will oversee both Cedar Rapids and Danville plants.
MENTIONED IN THIS ARTICLE
Gordon DeLay
Quaker Oats Co
Cedar Rapids
Quaker
DeLay
Richard S. Sheehy
Bereals
Chicago
Wabash College
Crawfordsville
Ind
Mexico City
Buenos Aires
Argentina
Mercy Hospital
Sheehy
Danville
Ill
University of Michigan
Akron
Barry
Cal-Ray Bakeries
Glendale
Calif
Elizabeth
N.J
Cereals
No Advance Nixon Word To Agnew on China Trip
President Nixon gave Vice-president Agnew no advance word of his plan to visit Communist China. Agnew knew nothing until the Thursday night announcement while in Africa on a around-the-world trip. Victor Gold said Agnew and Franco discussed U S Spanish relations and Nixon's China visit in a 75 minute Saturday night meeting.
MENTIONED IN THIS ARTICLE
Nixon
Agnew
China
Washington
White House
Africa
Peking
U.S
Red China
Spain
ABC
Adm
Thomas Moorer
Joint Chiefs of Staff
Victor Gold
Franco
Middle East
Morocco
Agnew Meets Spanish Heir Juan Carlos During Madrid Visit
Vice President Spiro Agnew meets Prince Juan Carlos de Bourbon 33 heir to the Spanish throne at Zarzuela palace after a 45 minute talk. He then holds a one hour discussion with Vice-president Adm. Luis Carrero Blanco. Agnew attends Sunday National day events and a Franco hosted diplomats reception at La Granja palace.
MENTIONED IN THIS ARTICLE
Madrid
Agnew
Juan Carlos de Bourbon
Zarzuela Palace
Adm
Luis Carrero Blanco
Nixon
Francisco Franco
la Granja Palace
Segovia
New Transit System in Iowa City Names Supervisor
San Francisco man John Pappas verbally accepts as supervisor of Iowa City's new mass transit system. He is due to start the first week of August, as 12 new 45 passenger air conditioned buses are delivered from the factory. He will be the system's first supervisor, with formal acceptance expected soon.
MENTIONED IN THIS ARTICLE
Iowa City
San Francisco
John Pappas
Pappas
Move To Boost British Economy
London AP reports Britain's Conservative government cut sales taxes and ended all controls on installment buying to curb stagnation and reduce unemployment. Chancellor Anthony Barber told the House of Commons the package would stimulate consumer spending and spur industrial expansion.
MENTIONED IN THIS ARTICLE
London
Britain
Anthony Barber
House of Commons
City briefs and ads from Cedar Rapids newspapers
Local notices list club meetings at the Peoples Bank east Roosevelt hotel and Bishop’s downtown, plus classifieds about sales, stolen bicycles and rings, a dean’s list honoree, wig styling, and car wash damage. Other items mention a Nordic Fest bus tour and various rental or merchant ads.
Larry Pretz Pleads Guilty to Narcotic Possession Charge
Larry Pretz aged 20 of 634 Thirty third street NE pled guilty in municipal court to possession of narcotic drugs for personal use. He faced a March 27 arrest for marijuana and LSD, was fined 300 dollars and received a six month suspended sentence.
MENTIONED IN THIS ARTICLE
Larry Pretz
Thirtythird Street
Duffy Calls for Coordinated Linn County Law Enforcement
Cedar Rapids candidate Delmer Duffy told the Sertoma club that current communications among law enforcement agencies are sporadic. He urged moving toward a consolidated city county government to streamline the 17 units and strengthen cooperation.
MENTIONED IN THIS ARTICLE
Delmer Duffy
Cedar Rapids
Linn County
Duffy
Robber Strikes Security Pacific Bank in Los Angeles
A gunman robbed a Security Pacific National branch in Los Angeles taking 1000 dollars on Friday. Police suspect the same suspect hit two other Security Pacific branches on June 25 and July 2, and took Friday July 9 off.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
Security Pacific National
Also Mentioned on This Page
Cub
Chicago Livestock
Waterloo Hogs
Amson
C.R. Markets
Shasta
Clark
Newman
Juan Carlos
New
Iowa City Transit System
LPN Assn
Peoples Bank East
United States
34Th Division
Roosevelt Hotel
Bargain Hunter’s Paradise
Gazette
Adv
Jaycee
Bishops Downtown
Klipp
Kurl
34Th St. NE
Thomas M. Affeldt
Terry Drive
University of Tulsa College of Law
Tulsa
Okla
Ray’s Market
C & Bowling
St. SW
Giftree
Seventh Street SE
Linn Barracks
Zoo Hill Pavilion
Bever Park
Shirley Tjaden Hansen
Bever Avenue SE
Wig Boutique
Virgil Gross
Carroll Drive
Mary Murphy
Hair Fashions
C Street
Otto Shine
First Avenue NW
Robert Michalec
Second Street
Michalec
Ambassador Lounge
East Marion
Pierson’s
Robert McAlister
Boice Road
McAlister
P.O
Daniel Martin
Washington Avenue SE
Jo Ellen Wullmer
Bayberry Drive
Twelfth Street
Decorah
Bandit
ITT Thorp Corporation
Thorp, WI
7Th Avenue
Marion
Thorp Credit Inc. , Thorp
Thorp
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