Financial and Market News Interest Hike Links Stocks
New York reports a further rise in the bank prime lending rate weighing on stock prices. The Dow Jones industrials fell about 6 at midday, closing down 1.87 to 62.41. Weekly loss reaches 8.68 points, edging from a 1940s high.
MENTIONED IN THIS ARTICLE
New York
Des Moines and Midwestern Hog and Cattle Prices Slump
Des Moines reports Friday trade slow with moderate demand and weaker butchers by 0 to 1.00, Nos 1-3 cattle at 200-230 pounds around 55.25-56.50, larger hogs down to 50s. Sioux City notes hogs 4,800 with butchers steady to lower and Friday prices mixed. Chicago and Omaha markets show mixed results across hogs and cattle with Sows down and steers down modestly, while Cedar Rapids and Waterloo report mixed prices and tighter supplies. Overall cash prices vary by weight, with several regions noting declines from Thursday levels.
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Des Moines
UPI
Eady
Sioux City
APL
USDA
U.S
Omaha
Daeraw
Cand Wits
Cedar Rapids
Bes Moines
Federats Ta Market News
Reno
Two Injured In Separate C R Mishaps
A three year old girl and a 37 year old woman were injured in separate crashes Friday and Saturday. James Treu 26 of 317 Tenth street NW struck Jennifer Marsh 9 of 933 Tenth street NW at the Tenth street and J avenue NW intersection. The girl received care at St Luke’s and was released. Treu was charged with driving with a restricted license. Carolyn Zabokitsky 37 of 3701 Sixteenth avenue SW drove off the road and into the residence of Richard Bova 143 Edgewood road NW at 2 16 a m Saturday. She was southbound on Edgewood road when her vehicle crossed the center line and went out of control. The home and car sustained $2 000 damages. Zabokitsky was listed in good condition at Mercy hospital Saturday morning and charged with driving on the right hand side of the quad.
MENTIONED IN THIS ARTICLE
James Treu
Tenth Street NW
Jennifer Marsh
Tenth Street
J Avenue NW
St. Luke’s
Treu
Carolyn Zabokitsky
Sixteenth Avenue
Richard Bova
Edgewood Road
Felice
Zabokinsky
Mercy Hospital
Tries 200 Mile Run Ends Up in Hospital
Crawfordsville Indiana UP I report says Robert Dannettelle former Marine started from the West side of Indianapolis toward Peoria Illinois to set a 200 mile in 24 hours record. After 35 miles he pulled a muscle and after 61 more miles he quit at a service station near Crawfordsville. He was taken to Culver hospital.
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Crawfordsville
Ind
UPI
Robert Dannettelle
Indianapalis
Peoria
Ill
Here
Culver Ispital
Dannettelle
News Briefs Recall Home Return and Local Notices
Robert E Kehne of 423 Seventh Avenue SW has returned home after two months at University Hospitals Iowa City. Legion lanes closed for resurfacing July 2. Temple Judah meets Tuesdays at 7:30 pm 3221 Lindsay Lane SE. Rick Rominger of 1446 Fifth Ave SE reports portable TV stolen. Private party seeks old Garnet necklace 362-2004. Guaranty Hank assists Treasury and SSA to deposit checks into savings or checking accounts. sign up at Guaranty Main Office or Cedar Hills and Center Point locations. Wayne McIntyre of 1440 Third Ave SE reports $75 stolen. Watch for Opening “A Touch of Yesterday.” Caris Tarborg reports stereo $996 and a vase and chair valued at $379 stolen. Carpet cleaning ads from Diamond Carpet. New Outlook members welcome.
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Guaranty Hank
U.S. Treasury Department
Social Security Administration
Guaranty
Cedar Hills
42Nd Street
Center Point Road
Adv
College Gives Credits for Jury Duty
Two Bakersfield State University seniors will earn college credits for serving on a Kern county grand jury under an experiential learning plan. Louis Faust and Diane Gonzales were selected by lot for the 1975 76 panel, with credits tied to additional research submitted. Faust aims for a legal career and sees jury work as practical preparation.
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Bakersfield
Califap
California State University At
Philip Wilder
Wilder
John Nairn
Kern County
Assurt
Louis Faust
Prelaw
Diane Gonzales
Faust
Missing $150,000 From Purolator Security Firm
CHICAGO AP A vast cash theft hits Purolator Security Inc as about $150,000 in 320 bills vanishes Friday, just before delivery to South Suburban Federal Savings and Loan. FBI says money shipped by Continental Illinois National Bank and Trust Co was en route from Purolator main plant. driver and messenger passed lie tests.
MENTIONED IN THIS ARTICLE
Chicago
Purolator Security, Inc
U.S
Suburbia
Federal Savings and Loan Assn
Elerney
FBI
FSI
Olinois National Bank & Trust Co
Savings and Loan
Harvey
Purolator
George Childs
Pioroalator
John Pratt
Purotator
Armored Express Corp
Pratt
Loup
Alexians Seek To Use Novitiate For Indian Tribe
Chicago based Alexians Brothers seek to repurpose the novitiate near Gresham Wisconsin for Menominee Indians or other groups. Spokesman Maurice Wilson says the board will consider proposals with Menominee preference, and armed guards at the site have been withdrawn after ending a 4 day occupation by the Menominee Warrior Society.
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Chicago
IPL
Alexien Brothers
Maurice Wilson
Gresham
Wis
Alexlans
Wilson
Alexians
Menominee Warrior Society
Warrior Society
Girl Arrested On Two Charges For Resist Of Police
A seven year old Cedar Rapids girl was charged with resisting an officer after police detained her Friday on First Avenue NE for intoxication. She allegedly kicked an officer and struggled at the station and Linn County jail before being released and taken to a detox center. Today Senator George McGovern of South Dakota is forty three.
MENTIONED IN THIS ARTICLE
Cedar Rapids
First Avenue NE
Linn County
Nail that guides the sky Vishay resistor aids air navigation
In a UPI feature from New York, Vishay Intertechnology, based in Malvern, Pa, produces a high reliability resistor costing $3 to ensure stable performance in PLACE transceivers for long range air and sea navigation. Vishay chief Felix Zandman compares the part to a horseshoe nail crucial for safe traffic in the sky and on the ocean as transatlantic routes expand.
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New York
UPI
Malvern
Vishay Intertechnology
George Herbert
Vishay
U.S
Felix Zandman
Kennedy
O'Hare
North Atlantic
Atlantic
Europe
Gander
Newfoundland
Shannwick
Ireland
NASA
Zandman
Textron
Bell Aerospace
Fort Worth
Special Dictionary Makes Texas Dialect Freak Retch
Houston based James L Overton profiles Jim Everheart who created The Illustrated Texas Dictionary of the English Language to capture Texas speech. He notes Texans pride in their accent and explains samples like pay pal, retch, and millyunaires. The four volumes target inter Texas communication and appeal to oil firms and businesses relocating to Texas. Everheart, a former advertiser, has lived in Texas 18 years and hopes Texans laugh at themselves as a unifying trait.
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Houston
UPI
Jim Everheart
Everheart
Dani Yankee
Texas
Iowa
Lone Star
Mississippi
Alabama
Bitten by Dog Leaves 7 Year Old Hospitalized Near Strawberry Point
James Nading, 7, of near Strawberry Point, Iowa, was admitted to an Iowa City hospital after being bitten by his grandparents' Doberman on the face head and arms. He was first treated at St Luke's in Cedar Rapids before transfer to Iowa City.
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Strawberry Point
James Nading
Nevada
Iowa City
James Nadings
St. Luke's Hospital
Cedar Rapids
Towa City
Woman 5 Sentenced On Break in Charge
Wanda Rankin of Hiawatha was sentenced in Jones county district court to five years in the women's reformatory at Rockwell City for breaking and entering. The sentence was suspended and she received two years on probation. She and Donald Kness faced charges in the Amber Inn break in. Kness pled guilty and faces sentencing August 25.
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Anamosa
Wanda Rankin
Hiawatha
Jones County
Women's Reformatory
Rockwell City
Donald Kness
Amber Inn
Amber
Kness
Cincinnati paddlewheel plan sparks bicentennial tribute
A Cincinnati group proposes a $300,000 25 foot tall red and white paddlewheel to stand at Riverfront Stadium plaza, named Cincinnatus. The project awaits subcommittee approval of the Riverfront Advisory Council and the Greater Cincinnati Bicentennial Commission with a debut target of July 4, 1976.
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St. Louis
Gateway Arch
San Francisco
Golden Gate Bridge
Cincinnati
Ohio River
Riverfront Stadium Plaza
Cincinnatus
Greater Cincinnati Paddlewheel Assn
Riverfront Advisory Council
Greater Chncinnati Bicentennial Commission
Motions Filed in Farrington Case
Attorneys for John Farrington filed a motion in Jones county district court seeking dismissal of charges in a May 24 shooting case. They also challenge the grand jury indictment and jury selection, with a ruling expected next week.
MENTIONED IN THIS ARTICLE
Asamosa
John Farrington
Anamosa
Jones County
Farrington
Grand Jury
Rourl
Lightning Strikes Bobby in Warrington Traffic Tie Up
Patrolman James Allen, 20, directing traffic was struck by lightning on a busy intersection in Warrington. He suffered mild shock and a headache, resting in a police car for about thirty minutes before resuming duties. Weather conditions included rain as witnesses reported the bolt hitting the constable’s blue hat.
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Warrington
Engrarat
UPL
James Alien
Allen
Ike
Mitorias
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