Market Ends Week With Fourth Straight Loss Across Exchanges
The New York stock market fell for the fourth straight session as thin early gains faded. Declines outpaced advances by more than 600 issues with moderate late trading. Anaconda led activity on the Big Board with 249,900 shares, down 1% to 30% after a 216,000 share block trade weighed on it. Western Union International slipped 1% to 42 on the American Stock Exchange, Braniff Airways warrants fell 4% to 82, and Four Seasons Nursing dropped 2.5% to 56 7/8.
MENTIONED IN THIS ARTICLE
New York
Anaconda
American Stock Exchange
Western Union International
Braniff Airways
Four Seasons Nursing
Hogs Down 25 To 50 Cents In Chicago and Des Moines
Chicago and Des Moines markets reported hogs 25 to 50 cents lower with 3,500 head traded in Chicago. Cattle and sheep also moved lower. Des Moines noted demand fair, prices mostly down 25 cents with varied U.S. hog and sow quotes.
Unclear Dividend Terminology in Unofficial Sales Figures
Sales figures are unofficial and dividend rate notes appear garbled. The text lists various dividend and distribution terms such as ex-dividend, stock dividends, warrants, rights offerings, and bankruptcy contingencies, but the OCR is incomplete and inconsistent, making precise interpretation unreliable.
Chicago Produce Update Sparks Mixed Market Signals
UPI sourced USDA notes show total potato shipments at 159 with arrivals 193 and moderate demand. Regional prices vary: California lone white at 4.50, central district 3.75–3.80, Texas round reds around 3. Butter remains steady with wholesale bids near 67 4 for AA score. Eggs show steady tonnages with standard prices.
MENTIONED IN THIS ARTICLE
Chicago
UPI
USDA
U.S
California
Texas
New York Wholesale Dairy Offerings Report
New York AP USDA wholesale dairy offerings show adequate to fair demand. Butter supplies ample with mixed scores from 93 to 9. Creamery milk pricing references AA and A scores. Whites grades vary with fancy large and fancy medium ranges reported.
MENTIONED IN THIS ARTICLE
New York
USDA
Meat market report shows price swings in Iowa shops
AP market notes Thursday meat trade strength weaker with lower steer and heifer beef by about 50 cents. Pork cuts weak with skinned hams poor. Choice 600 to 700 pound steers around 57.00 and 46.00 for other ranges. Liver and loins vary with prices near 53 and up to 50, while other cuts show varied quotes.
MENTIONED IN THIS ARTICLE
USBA
Lowa
Cone
Neiler Eet
V. A
Cedar Rapids Hog Market Prices Lag As Weight Brackets Adjust
Cedar Rapids hog market Friday prices fell 2.50 to 2.50 cents for butchers with sow prices steady. Thursday bulk country and plant delivered butchers at 25.25 to 25.75 per cwt for 200 to 230 pound stock. Packing sows 300 pounds and down ranged 22.75 to 23.00. Butchers priced 0.25 lower per 10 pounds from 230 to 260 pounds and 0.50 lower per weight grade to 300. Packers reduced 0.25 per grade 300-360, 0.50 per grade to 500, and 0.75 per grade above 500 pounds.
MENTIONED IN THIS ARTICLE
U.S
Liberal Volumn
Cedar Rapids
Omaha Livestock Report Cattle Prices Mixed At Omaha Sale
UPI notes cattle sales in Omaha with demand for high quality steers around 30.75 per hundredweight for 1200 to 1297 lb loads. Slaughter steers scarce while feeder and utility cows move at 20.25 to 21.50 and canner and cutter cows 16.00 to 20.50.
MENTIONED IN THIS ARTICLE
Omaha Livestock Omaha
UPI
Most Grains At Seasonal Lows Amid Slow Crop Use
Chicago AP reports a government study showing slower use of key farm crops and larger carryover hints, pulling down futures. Wheat oats and rye hit seasonal lows. May corn slid. September contracts fell with corn leading the losses. Soybeans edged higher versus Thursday’s close.
MENTIONED IN THIS ARTICLE
Tim Valet
Chicago
Commodity Price Snapshot From Wheat to Oil
AP wire reports a mixed bag of grain and commodity pricing listing no. 2 yellow corn at 1.244, no. 2 extra heavy white oats at 61.4, yellow beans at 2.704 and van oil at 8.05. Prices appear for soft red wheat and other grains with varied sample grades.
MENTIONED IN THIS ARTICLE
Peiter
Sioux City Livestock Market Test Update
Sioux City livestock report shows 500 cattle and no calves offered for sale. No market test conducted due to insufficient quantity.
MENTIONED IN THIS ARTICLE
Sioux City Livestock Sour City
UPI
Kopechne Seeks Autopsy Over Vicious Mail Claims
Mrs. Joseph Kopechne said she might want an autopsy on Mary Jo Kopechne if it would clear her daughter's name amid a flood of vicious mail. She and her husband, upset by the letters, noted the Kennedy family has called to check on their well being.
MENTIONED IN THIS ARTICLE
Berkeley Heights
N.J
UPI
Mary Jo Kopechne
Sen
Edward Kennedy
Joseph Kopechne
Mansfield for Teddy as Aide
Senate Democratic Leader Mike Mansfield said Edward Kennedy will remain as his assistant. He noted the Democrats must decide who remains as leader, whip and secretary and that Kennedy is still the assistant majority leader.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate
Mike Mansfield
Edward Kennedy
Mansfield
Kennedy
Donaldson Declares Stock and Cash Dividends
MINNEAPOLIS The board of Donaldson Co Inc declared a 50 percent stock dividend plus a special year end cash dividend of 20 cents per share. An additional one share for every two held will be issued on Aug 19 to holders of record on Aug 7. Cash dividend paid July 31 to holders of record July 18. This marks the sixth straight year of a special year end cash dividend. There are 1,233,470 shares outstanding.
MENTIONED IN THIS ARTICLE
Minneapolis
Donaldson Co., Inc
Bloomington
Donaldson Co
Linn County Drafts Eight for Army and Notable Vietnam Honors
Eight Linn County residents were drafted by the selective service board to enter the army. Names include Patrick Corrigan, Duane Cox, Gary Egger, Donald Murphy, Kenneth Ralston, Bernard Rothfolk, Andrew Smith Jr., and Steven Smith with several others listed for military honors, promotions, or leaves tied to Vietnam service. Veterans and relatives are noted with home towns such as Duane Lukavsky from Columbus Junction and others in Iowa City, Palo, Fairfax, and Oxford Junction.
MENTIONED IN THIS ARTICLE
Linn County Selective Service Board
Army
Patrick C. Corrigan
A Avenue
Duane B. Cox
Marshalltown
Gary D. Egger
Juniper Drive
Donald J. Murphy
Fairfax
Kenneth W. Ralston
Key Largo
Fla
Bernard W. Rothfolk
Walker
Andrew G. ‘Smith, Jr
Park Towne
Court
Steven E. Smith
Palo
Duane H. Lukavsky
Harold L. Lukavsky
Columbus Junction
Vietnam
Air Force
Christopher G. Bunge
R. G. Bunge
Iowa City
Lionell V. Dawson, Jr
L. V. Dawson
Fourteenth Street
Thomas E. Ackerman
Margaret F. Hahn
Forty Second Street
Gregory J. Raymond
Victor Raymond
Thirteenth Avenue
Marion area burglary reports and business notices
Marion police reported three overnight burglaries including R J s Lounge at 1075 Sixth Ave with 560 cash taken. Marion Ready Mix on 600 Nineteenth St yielded 209 in cash and checks from a safe. Marion Skelgas Co at 2445 Seventh Ave had a small safe stolen from a rear window entry. the cash and checks were not recovered. Also notes on a July tractor pull at Central City Fairgrounds, a name change to Hall s Photo Shop, a fish fry promotion, a junior beef show, bicycle license days, and travel ads with Robert Lowe attending a summer institute at Western Kentucky University.
MENTIONED IN THIS ARTICLE
Marion
Sixth Avenue
R.j.'s
Marion Ready Mix, Inc
Nineteenth Street
Marion Skelgas Co
Seventh Avenue
Mount Vernon
Robert Lowe
Linn- Mar
Western Kentucky University
Bowling Green
Rock Island To Repair Seven Rail Crossings
Mayor Frank Bosh was notified that a Rock Island crew will repair seven railroad crossings in Cedar Rapids. The exact crossings are not specified. The move follows months of controversy over crossing conditions highlighted by a Gazette photo display.
MENTIONED IN THIS ARTICLE
Rock Island
Frank Bosh
Rock Island Railroad
Cedar Rapids
Bosh
J. B. Buffalo
Gazette
Czech Trio Seek Canadian Haven After Plane Stop
A 38 year old Czechoslovak engineer his wife and their 15 year old daughter left a Cubana Airlines plane in Gander Newfoundland and asked political asylum in Canada. They were en route to Prague from Havana and will go to Halifax immigration for processing.
MENTIONED IN THIS ARTICLE
Gander
Nfld
Cubana Airlines
Canada
Miles Stepanek
Prague
Havana
Halifax
ACT Names Maxey Research Services Head
James Maxey, formerly with the Iowa Educational Information Center at the University of Iowa, was named director of research services for the American College Testing Program on July 14. He will oversee test program research, financial need analysis research, and special projects at ACT's national headquarters in Iowa City. The post was previously held by Leo A. Munday, promoted earlier in the summer.
MENTIONED IN THIS ARTICLE
Iowa City
Iowa Educational ‘Information Center
University of Iowa
James Maxey
ACT
National Headquarters
Maxey
Educational Service Corporation
GSA Now Knows It Owns Old Post Office
The GSA questioned ownership of Marion’s old post office but Marion city officials confirmed they own the building and must maintain it. A GSA inquiry prompted local action after Marion’s city office said no official acceptance of a buy offer had been received.
MENTIONED IN THIS ARTICLE
GSA
Old Post Office
Martha Zipsie
Don Weich
General Services Agency
Cedar Rapids
Marion
Jack Miller
McKesson Reports Record First Quarter Net Earnings
Foremost-McKesson, Inc. reports a first quarter net of 6.5 million dollars, eight percent above last year, 49 cents per share, with quarterly sales of 389.3 million. Rudolph J. Drews, president, expects growth to continue as internal expansion drives gains in four major divisions, noting potential acquisitions in wine liquor distribution and a frozen potato market.
MENTIONED IN THIS ARTICLE
Foremost- McKesson, Inc
Rudolph J. Drews
Cedar Rapids
Drews
Rudolph Simms Jr Accused of Assault
Rudolph Simms Jr 19 of 918 Ninth Avenue SE was arrested Thursday night on an assault and battery charge. He posted $110 bond and was released. Information sworn by David Volesky 2432 Wisconsin Street SW alleges he was attacked by three Negroes at Eighth Avenue and Eighth Street SE on July 23. Volesky says Simms hit and kicked him.
MENTIONED IN THIS ARTICLE
Rudolph Simms, Jr
Ninth Avenue SE
David Volesky
Wisconsin Street
Volesky
Eighth Avenue
Eighth Street
Simms
Also Mentioned on This Page
T. C. Henderson
Coam Am Rins Fund
Atrice Foods
United Group
iPa
Life Invest
Mid-America
Miehie G
JONES
Bens York
Syntex Wilson and Co
Hem
Cork
Mses
Airr Naif
Allu
Halli Rt
Harris Hay
Heelan
AlliedCh
Allied Straits Chaim
Hott
Mer Hess
Holly Feat
Airlin
Houst
Idaho
Lala Tal Tektronix
Eledyne
Exaco
Enneco
T&t
Arc
Jewel Co
Atlas
Kayser
Kerr
Kraftcore
Kresge SS
Ling TV
Litton
Varian Asso Budd
BucyEr
Uae
Lola
Maratha
VY Marcor Inc
Xerox Co
Corp Cris
Nwst Airt
Norteim
Adee Org
Itra
Phill
Philip Morr
Pitney
Jaye
Questor
FoodFair P
Ralstonp
Revion
Reyn
ReynTob
RyderSys
Chicago Livestock
Iowa
Hogs
Des Moines
Ima
Praia
C.R. Markets
Cocks Uc
Lamson Brothers
Chicago Cash Grain
Goane
Mercantile Exchange
Donaldson
Linn County Selective Service
Kenneth R. Reed
Kenneth M. Reed
Vine Avenue
Navy
Guantanamo Bay
Cuba
Michael G. Rohret
George W. Rohret
Marine
Terry L. Rexroat
Ray Rexroat
Thirty-second Street
Camp Pendleton
Calif
Marlin R. Stramel
Stephen J. Stramel
Higley Avenue
Keesler Air Force Base
Miss
Forbes Air Base
Kan
Richard Dobling
Arnold Sobotka
Oxford Junction
Ft. Gordon
Maj
Loren Kula
Louis Kula
Japan
Rodney Slouha
George Slouha
Central City Fairground
Wilson's Beauty Salon
Daryl Hall
Lagerquist
Eleventh Street
Hall
E. A. Lagerquist
Central City Fair Grounds
Marioni Police
Hall's Photo Shop
Iquist Camera
Ladies Progressive Club
Noelridge Park Lagoon
Moon
AAA World Wide Travel Service
Ray's Jewelry
Adv
Maxey Research Services
Teen and Misses Clothing
McKesson
Penick & Ford's
Lowe
Morris Plan Leasing
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