Broad Stock Gains Push Market Higher On Strengthening Economy
The Dow rose 0.65 to 838.30 as gains outpaced losses in a light NYSE session. Factory orders increased for June for the third straight month while inventories fell further. Southern Co led activity with an 180000 share block traded at 12% decline, and the NYSE composite climbed while Amex value also advanced.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Treasury
William Simon
Southern Co
NYSE
Amex
Market Toddies and Beef Prices Across Iowa Regions
Describes dairy and meat market prices in Cedar Rapids and Des Moines areas with quoted weights and grades for butchers, sows, and packers. Reports receipts, demand, and regional price ranges across U.S. 1-3 and interior markets in Iowa, Minnesota, and Webster City with scattered farm product quotes and stockyard movements.
MENTIONED IN THIS ARTICLE
Des Moines
Aphusda
Interior Lowa
Minnesota
U.S
Ihn Creerol
Wricrs
aRles Grady
Beans Fall Steep as Soy Futures Close Lower
Chicago AP reports sharp declines in soybeans and corn while wheat edges up. Soybeans dropped about 5.14 to 5.44 cents, corn fell 2.3 to 3.14 cents, oats down 2.34 cents, and wheat rose 1 to 3 cents. Cash market shows steadiness for hogs and sows, with prices around 200 to 290 and 450 to 515 for various weights.
MENTIONED IN THIS ARTICLE
Gimaha
APH
USDA
Chicago
No Challengers In Kirkwood Board Races
No challengers filed to the reelection of three Kirkwood Community College board of directors whose terms expire in September. Incumbents James Sauter North English Max Lewis Wellman and B A Jensen 10 Blake Terrace SE hold districts four one and six. Sauter and Lewis filed their papers July 1 Jensen filed Thursday. Filing deadline was 5 p m at Ken Kupka board secretary at Kirkwood College pending further applications.
MENTIONED IN THIS ARTICLE
Kirkwood Community College Board of Directors
Ming
James Sauter
North English
Max Lewis
Wellman
B.A Jensen
Blake Terrace SE
Ono
Sauter
Lewis
Jensen
Gut. Fhorsiay
Ken Kupka
Kirkwood College
Two candidates file for Cedar Rapids school board seats
As of three hours before the filing deadline, Ronald Moore filed to seek re election for the director at large seat and James R Kreamer filed for district one director. Both are three year terms. Filing closed at 5 p m on Thursday with no additional papers. Moore is president of the board.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Ronald Moore
Indiat Hillroad
James R. Kreamer
Memorial Drive SE
District One
Otto Wiedersberg
Kreamer
Barbere Bjurnson
Moore
Senate approves government oil drilling plan offshore
The Senate, voting 46 to 4, approved a bill authorizing exploratory government drilling on the outer continental shelf attached to a bill setting leasing and drilling standards. The measure would make oil firms liable for spill cleanup costs while prohibiting production. Senator Henry Jackson proposed frontier-area exploration to spur national stability and resource development.
MENTIONED IN THIS ARTICLE
Washington
Senate
Henry Jackson
D. Wash
Interior Department
New President Named for Wilson and Co
Dallas report states Kenneth Griggy, 21, named president of Wilson and Co., a Wilson and Co. subsidiary of LTV Corp. Griggy succeeds Henry Amslong, 61, who remains executive vice president and chief operating officer, while Amslong will oversee meat packing operations. Griggy previously served as an Ri viana Foods officer. LTV chair Paul Thayer praises the leadership pairing for Wilson and Co. Inc.
MENTIONED IN THIS ARTICLE
Dallas
Kenneth Griggy
Wilson and Co., Inc
LTV Corp
Henry Amslong
Wilson
Cedar Rapids
Amslong
Griggy
Amalung
Riviana Foods, Inc
Paul Thayer
LTV
Henry Amalong
Ken Griggy
Wilson and
So. Inc
Four Charged in Tavern Fight at Lenny's Lounge
Four men face charges after a tavern brawl at Lenny's Lounge on Edgewood Road NW left the owner Vivian Hayes and patron Raymond Jacobs injured. Arrested were Larry D. Smith Richard Eugene Manley Victor Ray Abbott and James Ridings. Ridings also charged with assault and battery. All held on 1500 dollar bonds.
MENTIONED IN THIS ARTICLE
Lenny's Lounge
Edgewood Road NW
Larry D. Smith
Avenue NW
Richard Eugene Manley
First Avenue NE
Victor Ray Abbott
Thirty-fifth Street
Marion
James Ridings
J Street
Ridings
Vivian Hayes
O Avenue NW
Raymond Jacobs
Kencrest Drive
Power Transfer to Portugal Junta Sets Triumvirate
In Lisbon the Revolutionary Council formally handed power to a three man directorate led by President Francisco da Costa Gomes Premier Vasco Gonçalves and Gen. Otelo Saraiva de Carvalho. A handful of moderates opposed the move after boycotting a prior Forces Movement gathering that ordered the junta. The communique says powers were transferred under the law to the directorate.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
Revolutionary Council of i
Freeman
Francisco da Coste Gomes
Premes Vasco Gonvalve
Qtelo Saraiva de Carvalho
Se‘cret
Asimed Forces Movement
Jusiia
Scifi Writer James Blish Dies in England at 64
AP reports U.S. born science fiction author James Blish, aged 64, died Wednesday in Henley England. His notable works include Star Trek Fallen Star Titan's Daughter and Black Easter.
MENTIONED IN THIS ARTICLE
Henley
England
James Blish
Two File For College Board Seats
Richard Harger of Ely filed for district three and Robert J Woolstehhill of Walford filed for district four for the College Community school board seats open in the September 9 election. Filing deadline was 5 p.m. Thursday. incumbents in both districts are not seeking reelection. Elmer Grissel and Bud Kolthy previously held district three and four seats respectively. Voters in the entire district may vote for candidates in either district.
MENTIONED IN THIS ARTICLE
College Community School Board
Richard Harger
Ely
Robert J. Woolstehhill
Walford
Elmer Grissel
Bud Kolthy
College Community
C R Woman in Serious Condition After Crash
Colette Parence Boeding, 42, of 1728 Eleventh Street NW, was in serious condition at Mercy hospital with multiple fractures after her car veered across the centerline, left the road, struck a driveway wall, and bounced onto the driveway. Her son James, 7, was in good condition at Merry hospital with head injuries. Nancy Ann Bording, 17, was treated and released for arm lacerations. Boeding was charged with driving on the wrong side of the road.
MENTIONED IN THIS ARTICLE
Colette Parence Boeding
Eleventh Street
Mercy Hospital
Services Are Saturday For Crash Victim Timothy Atchison
Timothy Robert Atchison twenty two of Tama died Wednesday at Mercy hospital Des Moines from injuries after a motorcycle crash on a county road near Toledo. He was a 1971 graduate of Santh Town high school and recently worked for Fisher Centrals in Marshalltown. He was married March 24 1973 to Gail Schutz. Survived by his wife parents and sister. Services will be held Saturday at BeA Gl Harrison's in Tama.
MENTIONED IN THIS ARTICLE
Tama
Timothy Robert Atchison
Mercy Hospital
Des Moines
Toledo
Atchison
Timothy Atchison
Santh Tame High Schon
Fisher Centrals, Inc
Marshalltown
Gail Schutz
Robert Alson
Melvin Blocker
Maya
Eve Atchison
Emil Bartling
Bea Gl Harrison’s
Taina
No Challenge To Price Hikes On Aluminum
Washington officials say they will not challenge planned price increases by Aluminum Co. of America Reynolds Metals Co. and Kaiser Aluminum. The three majors delayed hikes by 2 to 3 percent after the Council on Wage and Price Stability pressed for a cooling period ending August 10. Industry executives cited weak demand and high costs since 1974, with capacity around 75 percent, as factors in the decision.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Aluminum Co. of America
Reynolds Metals Co
Kaiser Aluminum & Chemicals Co
Council
Er al Economsis
Albert Rees
Aluminum Industr
Dale E. Baty Dies at 78 Following Illness
Dale E Baty a lifelong Troy Mills resident and retired farmer and carpenter died Wednesday in a Cedar Rapids hospital at age 78 He was born Sept 9 1928 in Troy Mills and married Grace McKee July 25 1919 in Waterloo Surviving are his wife four daughters two sisters a brother 26 grandchildren and 20 great grandchildren Services are 230 pm Saturday at Murdoch Funeral Home Walker with calling after 6 pm Friday
MENTIONED IN THIS ARTICLE
Troy Mills
Lyle Be, Baty
Cedar Rapids
Grace McKee
Waterloo
Don Clark
Testville
Loren Clark
Cedar Falls
George Frasher
Coy Walton
Tom
Inventories Drop for Fourth Straight Month
Washington AP reports U S manufacturers cut inventories for June marking the fourth consecutive monthly decline the longest such streak in 14 years. The 0 6 percent drop valued at about 1 9 billion left total inventories just over 14 6 billion with new orders rising 7 percent to 1 3 billion while unfilled orders for durable goods fell 0 6 percent continuing a slide since October.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
19 Killed in Taipei Crash
A Far Eastern Air Transport Viscount jet carrying 74 aboard crashed near Taipei airport during a rainstorm. Officials said at least 18 were killed and 20 injured, with three of seven foreigners among the dead. Names were not yet released.
MENTIONED IN THIS ARTICLE
Taipei
Taiwan
Far Eastern Air Transport
Civil Aer Deputies
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