Shares Turn Sluggish as Market Drags in Slow Trading
In New York the stock market stalled with thin volume and little incentive for investors. Earnings reports for the second quarter were mixed with some declines. investors awaited developments in the Middle East and Indo-China. Washington Steel rose on higher earnings and a special dividend while McLouth and Labore fell on second quarter losses.
MENTIONED IN THIS ARTICLE
NEW York
New York Exchange
Middle East
Indo-China
Washington Steel
McLouth
Larobe
Cattle Prices Fall Across Chicago and Omaha Markets
Slaughter steer quotes slide 33 cents and heifers drop 50 cents in Chicago with 7,500 cattle yarded. Des Moines and Omaha markets show steady to lower trends in livestock and meat prices as trade remains active amid mixed receipts.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Livestock Chicago
USDA
Cedar Rapids hog market prices steady and mixed grain futures rise
Monday Cedar Rapids hog market prices showed steady trend with Saturday deliveries for bulk, plant delivered butchers weighing 210 to 2100 lbs bringing 24.50 to 25.00 dollars. Sows around 19.50 to 19.75, with various weight-gradeoff adjustments for lighter and heavier hogs. Wheat, soybeans, and oats futures surged to season highs in Chicago while cash grains showed mixed results and steady butter and egg prices in New York market.
MENTIONED IN THIS ARTICLE
Beauball
Peter
New
Perrentaue
Selaser Vveergny
Clexley
Erie
Jouthhers
Ewan Bret
Homey
Omaha Livestock Omaha
York
New York
Cnn
Alewnity
Alesis
janLnary
Nokia
Goa
Wien
Mets
Norrsing
Aisha
Fee
Owens
Font Ganzavy Pacsel
Kiebel's
Second Avenue
Mietail News
Cedar Rapids Co
Tom Spyen
Fenn Cent
i +h
Seeree
Ures
Herman Kiebel
Daniel
Ts Oeett
Chicago
Lamson Brothers Firsene
Oren Hicktow
Cedar Rapids
Detieere
Oricer
Increased Time For Lower Long Distance Rates
Cedar Rapids officials announce new long distance rate schedule filed with the Iowa commerce commission. The change extends lowest rate hours from 5 PM to 8 AM on weekdays and covers all day Saturday and Sunday plus July 4 and Labor Day holidays. The plan eliminates the $4.50 color telephone charge and is projected to save Iowa customers about $905000 annually.
MENTIONED IN THIS ARTICLE
Towa
M.A. Clemens
Northwestern Bell
Cedar Rapids
Iowa Commerce Commission
Clemons
Clemens
Arsign Corpora
Perand & A.m
Iowa
Sweden
Mately
Japan
Press Watchdog Agency Urged By Iowa Legion
Waterloo AP reports Iowa American Legion convention adopted a resolution urging the press to create its own watchdog regulatory agency to review news coverage complaints. The move watered down a proposal for a federal body and followed remarks by national commander J Milton Patrick urging Americans to express dissent.
MENTIONED IN THIS ARTICLE
Iowa Legion
Waterloo
Iowa American Legion
Paul Jackson
Sioux City
American Legion
Jonson
J. Milton Patrick
Skiatook
Okla
Legion
Patrick
America
Four Persons Sentenced in Linn District Court
Four individuals pleaded guilty to separate charges in Linn district court. Russell W. Anderson received six months with three suspended and credit for time served since June 11. Marcella Rubera got a ten year suspended term in Rockwell City for uttering a forged instrument and faced restitution. William Geater received an indeterminate term up to five years for larceny, plus a lewdness plea. Stanley Nielsen faced lascivious acts with a child charges related to a February incident. Gary Loney earned a suspended one year probation for taking a taxi from a Cedar Rapids business March 22.
MENTIONED IN THIS ARTICLE
Linn
Russell WW. Anderson
Northbrook
Ill
J. Paul Naughton
Anderson
Cedar
Kapds
Cedar Rapids
William C. Geater
Anamosa
Shaeffer
Bureau of Adult Corrections
Mt. Vernon Road
Geater
Jon
Stanley Nielsen
Gary L. Loney
Seventh Avenue
Naughton
Square D Reports First Half 1970 Results
Square D Co. reports six months ended June 30 1970 consolidated net sales of 183 million versus 122.97 million a year earlier. Consolidated net earnings for the period were 6.874 million or 1 cent per share, down from 12.812 million or 58 cents per share in 1969. Federal surcharge tax applied at five percent on first half earnings. Anderson Electric Corp. results were consolidated with Square D for the period and prior year figures restated.
MENTIONED IN THIS ARTICLE
Square D Co
Anderson Electric Corp
Foreign Industry Gains Top U S
New York based UPI reports that the 200 largest non U S industrial corporations showed higher sales gains in 1969 than America's top 200 industrial companies per Forti magazine. Local market data highlights international firms expanding faster than U S peers amid global demand shifts.
MENTIONED IN THIS ARTICLE
New York
UPI
U.S
America
Forti Magazine
la Code
Ray Brother Held in Youths Shooting at Right Party Office
Jerry Ray, brother of imprisoned James Earl Ray, is charged with aggravated assault in a White teenager shooting at National Sites Rights party offices in Savannah. Bond set at 5001, preliminary hearing scheduled. victim in critical condition. Police say shot fired from inside the building through a window. Ray had been campaign manager for J. B. Stoner, linked to segregationist causes.
MENTIONED IN THIS ARTICLE
Savannael Ga
Jerry Ray
Martin Luther King
National Sites Rights Party
David Elmore
Ray
Chatham County
Hay
Tim
Pale
A .S&cabiber
James Earl Ray
King
Georgia
J. B. Stoner
Stoner
May
AL St. Lawrence
Marion council grapples with 1970 budget for elm tree removal
Marion officials report the 1970 21 000 budget to remove diseased and damaged trees is inadequate. City Manager Don Weih says funds will come from capital improvements as disease pressure continues. The forestry staff is short handed and bids go to Woods Tree Service while 1971 plans call for 36 000, with bond financing discussed but not adopted.
MENTIONED IN THIS ARTICLE
Marion
Don Weih
Public Services
Russell Ward
Woods Tree Service of
Weih
City Manager Weih to Attend Iowa Budget Meeting
Weih is expected to attend a Wednesday Statehouse session in Des Moines with the Iowa League of Municipalities subcommittee on municipal finances to discuss budgeting and accounting reforms. He previously worked with Illinois lawmakers on municipal finance law changes while at Galena.
MENTIONED IN THIS ARTICLE
Don Weil
Statehouse
Des Moines
Iowa League of Municipalities
Weih
Illinois
Galena
Ill
Marionee
Burns Says Economy to Resume Growth Soon
Federal Reserve Chairman Arthur Burns predicted the economy would resume growth very shortly and that inflation would not worsen if policy is cautious. He said inflation is unwinding and the path to stability is near, speaking on Meet the Press via NBC.
MENTIONED IN THIS ARTICLE
Washington
Arthur Burns
Federal Reserve Board
Burns
Mit
NBC
Meet the Press
Want Ad Call To Action Dial 39 124
A concise classified prompt invites readers to try a want ad noting a "sure performer" and provides the contact number 39 124 for dialing. The line emphasizes immediacy and accessibility for ad placement.
MENTIONED IN THIS ARTICLE
Dial
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