Stocks Slip As Inflation Fears Weigh Markets
In New York the stock market faltered amid rate and inflation fears. The Dow Jones average fell 4.77 to 841.99 as losers outpaced gainers by nearly two percent on the NYSE. The day saw moderate trading and mixed moves with notable declines in Xerox and activity centered on Federal National Mortgage and New Process Co. on the AMEX.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Federal National Mortgage
NYSE
Xerox
New Process Co
American Stock Exchange
Iowa Pork Prices and Receipts Report
Iowa and southern Minnesota packing plants report estimated receipts 55 000 this week, 43 000 last week, 55 000 year ago. Butchers mostly steady with some 25 higher or 25 lower. demand good and sows firmer. Live hogs and packing plant quotes listed by weight and hog type. frozen pork bellies noted from Lamson Brothers.
MENTIONED IN THIS ARTICLE
DES Moines
USDA
Lowa
Minnesota
U.S
Cedar Rapids hog market steady amid mixed cattle prices
Cedar Rapids market reports Wednesday show steady hog values with butchers 210-240 lb at 56.00 to 56.50, sows 300 lb down at 49.00 to 49.50, and discounts for heavier weights. Lamb prices range 43.00 to 45.00 for 110 lb shorn, with wool lambs at 40.00 to 43.00, while corn at 2.77 and soybeans at 5.40 offer feed context. Des Moines notes beef trade steady to uneven, and Iowa hog and cattle runs and prices across Waterloo and Sioux City are reported.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar Rapids Sheen
Waterloo
Des Moines
Federal State Market News Service
Sioux City
USDA
U.S
Webster City
Owo
Cattie
Grain and Beans Take Tumble
Grain and soybean futures fell as rain forecasts and moisture expectations dimmed price prospects. Wheat, corn, oats, and soybeans all declined amid broader market softness and lingering concerns over crop conditions.
MENTIONED IN THIS ARTICLE
Chicago
Midwest
Army Relays Orders On Closing Ammo Plants
The U S army armament command began relaying orders for the closure of ammunition plants in Illinois Texas and California with eight facilities in Indiana Iowa Louisiana Missouri Tennessee Texas and Virginia to cut production. Plants to be placed in inactive status include Joliet Elwood Illinois Longhorn Marshall Texas and Riverbank California. Eight plants will reduce output while others may close pending consideration in Kansas Minnesota and Pennsylvania. The move follows end of Southeast Asia hostilities and stocks nearing authorized levels, potentially 12 000 more layoffs.
MENTIONED IN THIS ARTICLE
Rock Island, Ill
U.S. Army Armament Command
Illinois
Texas
California
Kansas
Minnesota
Pennsylvania
Indiana
Iowa
Louisiana
Missouri
Tennessee
Virginia
Joliet
Elwood
Ill
Chicago
Longhorn Army Ammunition
Marshall
Riverbank Army
Riverbank
Calif
Army
Parsons
Kan
Donavan
New Brighton
Minn
Scranton
Charlestown
Ind
Burling
Ton
Shreveport
Independence
Milan
Tenn
Kingsport
Radford
Southeast Asia
Washington
Wayne State Grad Graduates Giesseman at Detroit
Giesseman of 515 Thirty-fifth Street SE recently earned a Bachelor of Arts degree from Wayne State University in Detroit.
MENTIONED IN THIS ARTICLE
Giesseman
Thirty-fifth Street
Wayne State University
Detroit
Amin to Lead Invasion of South Africa and Rhodesia
Kampala AP: Idi Amin says he is ready to lead a black African invasion of white-ruled South Africa and Rhodesia, though he deems the plan top secret. He has been named field marshal and promises to use the rank when invading southern Africa, including Rhodesia, while noting no nation is ready to join.
MENTIONED IN THIS ARTICLE
Kampala
Uganda
Idi Amin
South Africa
Rhodesia
Amin
Africa
South Afri
Northern Ireland
Rights Unit Probable Bias in Two Cases
The Cedar Rapids human rights commission found probable cause in two cases on Tuesday night. Cases included eviction linked to a landlord’s objection to a black visitor and pregnancy related termination, with conciliation plans offering apologies, job opportunities, and policy reviews.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Mission
Meyer Re elected To Co op Post
Clarence Alfred F. Meyer of Stanwood was unanimously re elected to a three year term on the board of Eastern Iowa Light and Power Cooperative representing district two. The 1975 district two meeting at Clarence high school drew 249 members with Amos Mohr as business meeting chairman. District three and four meetings are scheduled in Durant and Lone Tree respectively. Also from Joliet Illinois cattle and hog market results reported by UP I and AP stockyards showing prices for steers heifers and hogs with varied declines and gains.
MENTIONED IN THIS ARTICLE
Clarence
Alfred F. Meyer
Stanwood
Eastern Iowa Light and Power Cooperative
REC
Clarence High School
Amos Mohr
Donald R. Norris
Wilton
Eastern Iowa Rec
Meyer
District Three
Durant
District Four
Lone Tree
New Twist to Recruitment By Troopers
DES MOINES Iowa public safety officials report on the spot interviews during traffic stops as part of a novel recruitment effort. Public Safety Commissioner Charles Larson says the approach aims to recruit minorities and women amid 400 interested applicants but only 65 are women or minorities. Larson notes 40 vacancies exist in the law enforcement division and interviews will be held at the state fair next month.
MENTIONED IN THIS ARTICLE
DES Moines
UPI
Iowa Department of Public Safety
Public Safety
Charles Larson
Larson
Department of Public Safety
Pair jailed after dog attack on officer in CRS
Steven M. Becker, 23, of 1265 Second Avenue SE, charged with assault and battery and assault with intent after ordering a dog to attack Patrolman Gary Clark and striking Patrolman James Kinkead during a beating report. Linda Glaus, 21, of 1507 Washington Avenue SE, charged with resisting an officer. Both held in county jail in lieu of bond.
MENTIONED IN THIS ARTICLE
Steven M. Becker
Second Avenue SE
Washington Avenue SE
Becker
Gary Clark
Clark
James’ Kinkead
Linda Glaus
Washington Avenue
Miss Glaus
Battle Over Senate Seat Is Postponed
Washington AP reports the senate leadership will pause efforts to resolve the New Hampshire senate seat dispute until after the August recess. Majority Leader Mansfield says they will address it after returning, but no date is set due to many pending matters.
MENTIONED IN THIS ARTICLE
Washington
Senate
New Hampshire
Mike Mansfield
D-Mont
Congress
Mansfield
Suit Seeks 77500 Over Fall From Scaffold
Cedar Rapids man John G Oa Neill files a 77500 suit in Linn district court against Stanley Iron Works and Lumberland Inc alleging a faulty corner bracket caused a Sept 12 1973 scaffold collapse. The petition says Fashion Park Homes bought the bracket in 1969 and vendors failed to instruct on maintenance. The filing date follows a Richburg Miss 1889 bare knuckle title match note.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Minnesota
John G. Oa’Neill
Linn
Stanley Iron Works, Inc
Lumberland, Inc
O'Neill
O’neill
Fashion Par Homes
Lumberland
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The
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AbotLab
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AMP Inc
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Asarco
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Asdorg
Atlas Corp
Avco Corp
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Borden
BuriNo
CarrCp
Dillon
Disney
EastairLin
Ila
Etnys
Evans Prod
E- Exxons We
FairCom
E Fairind
Pega Co
Fe Mit
Hogs
Lamson Brothers
Ins. Fund
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PacGas
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PacPwi
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Pasco Inc
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Ralston
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Joe Min
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Chicago Cash Grain
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Joliet Livestock
Webster City Livestock
GOOD
C.R
Richburg
Miss
John L. Sullivan
Jake Kilrain
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