Stocks Continue Slide In Seventh Trading Day
The New York stock market extended its slide with the Dow Jones average down to 834.40 as losers outnumbered gainers by nine to one on the NYSE. International Telephone & Telegraph fell another 3/8 to 22 1/4 while NL Industries slipped to 16 3/4 amid weak earnings. Mohawk Rubber rose 1 3/8 to 16 3/8 on stronger profits.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
International Telephone & Telegraph
NL Industries
Mohawk Rubber
NYSE
Amax
Sta-Fed Buys Bjornson Building in Northeast Des Moines
STA-FED Computer Tax Inc purchased the Bjornson Insurance building at B1D First Avenue NE from Fred L Bjornson. The two story structure and adjacent lot sit on A avenue NE. STA-FED president Carlton L Hall announced the firm’s office moved from 609 Center Point Road NE to the new site. The Bjornson building previously housed Elbert and Associates and Agency Management Services, now merged with STA-FED. STA-FED processes computerized tax returns for over 153,000 individual federal and state filings, serving about 160 Iowa Illinois Minnesota Missouri and Wisconsin clients.
MENTIONED IN THIS ARTICLE
Sta-Fed Computer Tax, Inc
Bjornson Insurance
Fred L. Bjornson
Carlton L. Hall
Sta-Fed
Center Point Road
Bjornson
Elbert and Associates, Inc
Agency Management Services
Iowa
Miinois
Minnesota
Missouri
Wisconsin
Corn and Soybeans Rally Amid Record Day on Grains
Chicago traders pushed corn and soybeans to limit highs as strong buying fueled the rally. Wheat, oats, and soybeans followed with notable gains while a USDA official warned of risks to the Russian sunflower crop and potential Soviet purchases of soybeans. Des Moines and Sioux City feedlots reported uneven trade with variable prices across cattle and hogs, and weekly U.S. cattle and hog sales showed mixed results.
MENTIONED IN THIS ARTICLE
Chicago
Agriculture Department
Market Rationing and Livestock Prices Across Cities
Des Moines reports mixed livestock trends with steers and heifers steady to higher, cows unsettled. Omaha shows steers, heifers, and cows at steady to varying levels while futures demand remains cautious. Descriptive notes cover price ranges for 200 to 290 lb hogs and cattle trends, with references to packing slant and market news service observations.
MENTIONED IN THIS ARTICLE
DES Moines
UPI
UFR Ins
Boston Bulloud
Iamstone
Fess Heditee
ENO
Feazon
Federal State Market
Demat Modurate
Hood
Cierinos Confinuta
Cedar Rapids hog market slips with mixed cut prices
Markets report Thursday shows lower Cedar Rapids hog prices with Wednesday delivers for bulk country and plant butchers at 56.00 to 36.50 per cwt. Sows down to 49.00. Over 240 pounds priced 25c off per 10 pounds to 250, then 50c to 300 and 75c above 600 pounds. Prime shorn and wool prices listed. grain figures note corn at 2.79.
MENTIONED IN THIS ARTICLE
Ohmle
Frye
Sodey
Sotawy
J.bo
Cee
Shenoy
New York Stork
Sinead
Owele
Stevens
Sun Amon
Aig
Poigtels
Seth Caas
Tentron
Tiebaten L. Timky Vda
Tadd Syed
BBE
Swmcr
Puget
Lubentt
Bodie Neers
Mason Hee
Raria Sp
Boeing
Borgen i
BorWar
MeGenberat
Bristiny
Yorisg
Bucyerinl
Heckeran
Borla
Bulova
Mmicroda
Worhova
Nabiol
Sam Ha
Baerga
Ion Mahaseo
Evel
Correa
Paterral
Cornwall
Anhisco
Wurmac Ag
MotCon
Winns
Eeianse
Alist
Gyd
Cert
Roser Chaseaa
Nelomo
ChiPreay
NCR
Corretan
CocaCol
Nortsim
St ContArtin
OceiPet
Concan
Ie Ia
Egon
Bunn Ap
Farcom
Ropar
Lamson Brothers
EPRL
Des Moines
UPI
Cedar Rapids
Indian AIM leaders face tentative Aug 1 sentencing
Aricriei Indian Movement figures Carter Camp Leonard Crow Dog and Stanley Colder await federal sentencing in Cedar Rapids after a four day trial. They were found guilty of interfering with and robbing postal inspectors tied to the 1973 Wounded Knee occupation. Sentencing hinges on background reports and could shift due to court motions and appeals. Each defendant faces up to 14 years in prison and a $5,000 fine on two counts.
MENTIONED IN THIS ARTICLE
Carter Camp
Leonard Crow Dog
Stanley Colder
Cedar Rapids
Wounded Knee
Edward McManus
AIM
Federal Probation Office
McManus
Asst
U.S
Two Suffer Minor Injuries In Accidents
Two people were treated for minor injuries after separate motor vehicle accidents early Thursday. David Heath, 24, of 306 Seventh Avenue SW, suffered facial and head abrasions when his motorcycle struck a barricade on C Street SW near Hawthorne. He was hospitalized and released. Bonnie Bell, 18, of Robins, sustained facial lacerations after her car struck parked vehicles on Eleventh Street SW. she was treated at St. Luke's hospital and released. No charges were filed.
MENTIONED IN THIS ARTICLE
David Eugene Heath
Seventh Avenue
Hawthorne
Mercy Hospital
Heath
C Street
Meath
Bonnie Lea Bell
Robins
St. Luke's Hospital
Miss Bell
Linn Court Sentencings Reported for Five Defendants
In Linn district court each defendant pled guilty to various offenses and was sentenced. Dennis T. Fear, 30, Cedar Rapids, fined $500 for second offense drunk driving from an April 6 incident. Timothy L. Ezard, 25, Cedar Rapids, one year reformatory on two reduced counts of operating a vehicle without the owner's consent, with concurrent and suspended terms. Daniel J. Morelock, 29, Davenport, concurrent five-year terms on reduced larceny and attempted breaking and entering. aiding escape dismissed. Linda J. Lewis, 18, Cedar Rapids, suspended six months on a reduced charge of press fraud. Norma J. Arrington, 29, Cedar Rapids, one year reformatory for altering a forged instrument. other forgery and resisting charges dismissed.
MENTIONED IN THIS ARTICLE
Folowing
Linn District Court
Dennis T. Fear
Cedar Rapids
Timothy L. Ezard
Reformatory
Daniel J. Morelock
Davenport Mar
Morelock
Linda J. Lewis
Gwiiton
FMC records sales and earnings reach new highs
FMC Corp reported the second quarter and first half results ending June 30 with record sales and net income. Second quarter net income was 33 million dollars, one dollar per share, up from 28.5 million dollars or 85 cents in 1974. Quarter sales totaled 637.6 million dollars, down 16 percent from 639.2 million the previous year. For the six months, net income was 59.9 million dollars.
MENTIONED IN THIS ARTICLE
Chicago
FMC Corp
Incomte
Seles
Domentic
F ¥MC
Robrt H. Maiott
Privaict
FMC
Cedar Rapids
Six radio thefts reported in Cedar Rapids area
Cedar Rapids police reported six thefts of citizen band radios from vehicles. Victims include David E. Winckel, William Vanderpool, Lloyd Bender, William Sanders, Harold Hill, and Karen Jedlicka, with radios valued from 178 to 319 dollars. A truck at Kingston Stadium sustained damage in an attempted break in.
MENTIONED IN THIS ARTICLE
Cedar Rapids
David E. Winckel
Cheyenne Road
William Vanderpool
K Street
Lloyd R. Bender
Roscobe
Wis
Citizen Board
Town House
First Avenue
William R. Sanders
Park Towne Lane
Harold Hill
Cedar Rapids Community
Kingston Stadium
Karen Jedlicka
Twenty-fifth Avenue
Fourth Street
City Owes County No Court Costs Told by Council
Cedar Rapids council heard that the city does not owe Linn county 36000 for costs from dismissed cases under state ordered court unification. City and county lawyers differ on costs for dismissed or prosecuted cases. a meeting was urged to resolve the interpretation.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Linn County
Merle Kopel
Kopel
Dave McGuire
James) Affelds
Viser
McGuire
Judi Redmond
Affeldt
Iowa Electric Earnings Fell Short Of Dividend Level
Iowa Electric Light and Power Co reports six month revenue of 76.7 million up from 58.7 million, but earnings per share fell to 86 cents to 36 cents. For the year ended June 30 net income was 3.9 million, with earnings per share down to seven cents from 1.41, while common stock dividends remain at 1.30 per share.
MENTIONED IN THIS ARTICLE
Iowa Electric Light and Power Co
Jume
Feact
Fist
Iowa Electric
Iowalllinois Joins In Natural Gas Search
Iowalllinois plans to join Natural Gas Pipeline of America with other firms in a 60 million effort to develop new gas supplies from Gulf of Mexico tracts. Iowa tilinois invests about 4 million through Lowelllinois Energy Co. prior 1973 74 investments totaled 94.5 taililin. The $50 million raised buys a 0 percent interest and profits from oil or natural gas from 31 Gulf tracts owned by Chevron Qilla. ON THIS DATE in 1870 the first railroad car from the Pacific coast reached New York City.
MENTIONED IN THIS ARTICLE
Jowalllinois Gas and Electric Go
Natural Gas Pipeline of America
Gulf of Mexico
Iowa
Tilinois
Lowelllinois Energy Co
Ions-llinois
Gulf
Chevron Qilla
Also Mentioned on This Page
The
Winoaboas
Femmy Pietty
Yhursda
Longe Brothers
Tate Boracay Bat
Weve Foods
Cearoe
Conwhdolea Feods Wee Rye
Grupresmnan Tyes
Mif Harnsentger
ABS E Hawkeye Goncorn Lnbs Titan Management
Bvc
Electra
Pie Record Corp
Annes Pusall
Quaker Oars
Syntex
Wietor
Oak
Bjornson Building
Sique City Livestock
Sioue
USDA
Lams
Anieamesday
Qworerans
Fem Lornson
Waterloo Hogs
Waterloo
Latchers
Soue
Avery Owteher
Ivestole
Omaha
Lows
Weaster City Tap
Stockports
Hateliors
Butchers
Woulasda Prev
Samsun Finmers
Moeen
Auntalininstrom
Beathard Chase
Thordaven
CR. Markets
Urhursday
Ibn Choves
Conner Pnd
Herbert Hoover
Linn
Butler
Eso
Alabama
Texas Fourc Rely
Nymorgelds Werne
Joliet Livestock
Joliet
Nigner
Life
Agryeant
Ben Blackstock
Iowalllinois
Pacific Coast
New York City
Lansing
Ipecouta
Ihe Mamipmind
Emmett Schenman
LasesAmerica Corporation
Amercan
Lawn
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