Stocks Turn Mixed as Dow Dips and Banks Steady
New York trading was quiet with the Dow Jones average down slightly while gainers edged ahead in a mixed session. Banks supported by a higher prime lending rate helped balance declines as investors navigated a cautious market ahead of earnings.
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New York
Alovk
Aida
Dow Jones
Heaven
Joe
Te Esorest
Walter Winston
Citikorp
Texien
NYSE
American Stock Exchange
Cedar Rapids considers building permit fee hike
Ed Winter proposed a 20 percent increase in Cedar Rapids building permit fees to make the department self supporting. He noted 1975 fees funded 84 percent of operations and said the rise could finance improvements. Safety Commissioner Ed Colton supported the move for self sufficiency and upgrades.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Ed Winter Towaday
Winiter Saint
Livestock market reports and prices from Des Moines and Chicago
The day’s livestock trading showed steady demand with butcher prices ranging for hogs and sows across several weight classes. Notable quotes include No 1-3 200-230 lb hogs around 48.50 to 50.05, and No 2-3 250-270 lb hogs at 46.25 to 48.00, with receipts and regional quotes from Des Moines and Chicago markets.
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Tooseliye
Tooseliy
oPeuuiley Sud
Stanly
Suybenny
Hogs Des Moines
UPI
Beans and Corn Rally on Chicago Board of Trade
Prices for soybeans, corn, and wheat rose on the Chicago Board of Trade with soybeans up as much as 18 cents and corn gains near 6 to 14 cents at times, while wheat climbed around 11 to 11 1/2 cents. Late trading saw profit taking as corn and oats closed modestly higher and soybeans strong for July contracts amid brisk trade.
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Chicago
Chicago Board of Trade
Snag Seen in Detours for Sewer Work
Oakland and center city roads face closures this summer as a large Kenwood storm interceptor is installed. One way couplets will close about 60 days, with detours via Center Point and Thirteenth Street under study. Rail traffic and flagging costs complicate temporary crossings, leaving officials weighing alternatives.
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Oakland
Center
Kenwood
Ol Twelfth Street
Shaver Road
Nik
Milwaukee Railroad
Indica
Jon Janda
Public Improvements Commissianer
Richard Phillips
C R Man Held on Four Counts
Jafrey Harald Stramel, 22, of 195 Higley avenue SE, held in Linn County jail on four counts with bond set at 1259. Arrested early Tuesday, charged with injury to utilities, manner of conveyance, windshield damage, and failure to operate headlights. A patrol helicopter spotted the vehicle, linked to reported damage at Eyghtly and Twentieth streets, whose windshield was shot out and headlights turned off.
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Jafrey Harald Stramel
Higley Avenue
Linn County
Stramel
Atrium
Eyghtly Agenn
Twentieth Street
Stramat
Cedar Rapids News Briefs Summarizes Local Events and Advertisements
A cluttered list covers Czech Federation meeting at St Wenceslas basement with a polluck supper, civil defense drill, a Wald ski club gathering, a Des Moines adventure tour, Minnesota Twins at Baseball game notes, Bicentennial mug, floral ads, and various local business openings and promotions. Names include Cedar Rapids and Des Moines groups, with venues like First Assembly of God and Pewples church, and sponsors such as Viersons Florists and Avenue Floral.
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Cweh Sehood
St. Wenceslas
Bastement
Federation of Czech
C R Woman Fined On ADC Aid Abuses
Cecilia Ray, 32, of 16328 avenue NE, was fined 150 dollars and sentenced to 10 days in jail by the First Ave s Nue division of Iowa district court after pleading guilty to three charges of fraudulently obtaining aid to dependent children. She admitted living with her husband while claiming no income, with $12,000 embezzled from the welfare system. The judge noted lack of verification by social services and suspended most of the jail term due to her pregnancy.
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Cecilia Ray
Avenue NE
First Avesnue Division
Iowa District Court
Ray
Ser: Teches
Sociate
Brent Hurstead
Welfare Department
Eourt
Dairy Queen Faces Median Debate on First Avenue
Dairy Queen operator Richard Stanek at 208 First Avenue West asked the city council to cut a recently installed median on First Avenue to allow left turns into his business. He cited highway plans he says did not indicate an access restriction and urged revamping as traffic patterns change. Council members indicated support for a study, while officials debated balancing left turns with pedestrian and traffic safety.
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Howell Tuesday Marine
First Avenue
Richard Stanek
Lef Tuens
Stanek
Highway Commission
Whalgroin
Second
Fifth
Moyer
Iwerty
Richard Phillips
Berlin
Fiest Avenue
Orcers
Jesus
Suyond Street
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Sta Aek
Giler
Seenudareet
No Action On Airport Annexation By Cedar Rapids City Council
Cedar Rapids city council showed limited interest on Tuesday toward annexing the municipal airport property after a petition from Linn County supervisors. Three council members urged upgrading the area road network before annexation, flagging a mile of Edswood Road south of the airport as pivotal. The panel deferred concrete action on the GusintyS proposal and forwarded the matter to the airport committee for further study.
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Cedar Rapids
Lina County Board of Supervisors
Hal Schaefer
Richard Phillips
Ed Colton
Airport
Grandparents Twice in One Day Tolsday
Grandparents celebrate multiple family arrivals as Mrs Janes LaGrange and Mrs Roger Jackson report births within a day. The note names Olena Sh and Mes LaGranse among others, detailing timing and family connections across addresses in Ametia and Wilson Avenue SW.
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Tiotiah
Mini van Boxaet
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