Stocks Push Lower As Wholesale Prices Rise
New York AP report shows a moderate market loss with the Dow Jones average down 4.15 to 835.81 at 2 p.m. Trading active as brokers note wholesale prices climbed 4.8 percent annual rate in May, lower than April but still unfavorably compared to December to March declines. Amstar likely to report a quarterly loss, down 1 5/8 at 26 1/78. Amex value index up .16 at 90.20. NYSE composite off 26 to 48.98.
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New York
New Exchange
Labor Department
Inex
Amstar
Amex
NYSE
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Arcot AmScca
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Io Savant Bas
Trans Ware
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UMC
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Mickey
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Monson
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Ington
Hate
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Whitaker
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Ioe
WilinsCo
Sentara
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Ieee
Grain Gains Fail To Hold Across Chicago Markets
Chicago AP reports grain futures opened with small gains Thursday but slid under continued liquidation. Soybeans near 644 cents, wheat 344, oats 1% cents. at close soybeans down 3 to 614 cents, July 4.98. wheat 2.40 4 lower, July 2.98. corn 1 1/2 lower, July 2.7344. oats unchanged to 1 1/4 lower. Markets show mixed activity across soybeans, wheat, and corn with broad declines by session end.
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Chicago
NAACP Sponsors Rehab Project Meeting in Cedar Rapids
NAACP Cedar Rapids chapter sponsors a 7:30 p.m. meeting at Mt. Zion Baptist Church to explain Oak Hill Jackson area rehabilitation plans. Tutner Trent says city staff will answer questions and reassure residents about no strings attached terms to ease fears of debt or loss of homes.
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Oak Hill-Jackson
Tutner Trent
Cedar Rapids
NAACP
Mt. Zion Baptist Church
Eighth Street
Trent
Cedar Rapids hog market slips on midweek bids
The Cedar Rapids market posted weaker values on Thursday with Wednesday’s loads of hogs from 210 to 240 lbs priced around 46.90 to 46.90, and larger sows and butchers showing discounts as weights rose toward 300 lbs. Prices for lambs and other livestock were similarly mixed across Cedar Rapids and Waterloo plants with varied discounts for weight ranges.
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Cedar Rapids
Prire Shaen Lambs
Cocaine Found In Shoes Snares Des Moines Suspect Ring
Des Moines authorities continue a federal cocaine trafficking probe after 2.2 pounds were smuggled into the United States in hollowed out heels of women’s shoes. Two men, Charles E. Gould and David K. Miller, were arrested, with Joseph P. Caray still sought and Miller’s sister Barbara Kenworthy detained in Des Moines. Street value cited between 200,000 and 2 million.
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Des Moines
United States
Miei Grey Say
South America
Charles E. Gould
David K. Miller
Joseph P. Caray
Bonneville
Miller
Barbara Kenworthy
Miami
Tools Taken From Locked Vehicle in Cedar Rapids
Cedar Rapids brief reports tools valued at 480 dollars taken from a locked vehicle in the 800 block of Eighth Street SW. Other items include a stachometer and light valued at 380 dollars. Separate items include traveler's checks and cash missing from different residents. multiple community notices and events are listed.
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John Moeller
Sixth Street
Wordnesday
Eighth Street
Emi F. Faltis
Matthew Drive
Chase results in eight charges on C R man
An 18 year old Cedar Rapids man, Lawrence D B Statelmyre, was arrested after a high speed chase on the northwest side reaching up to 68 mph in city limits. He faced eight charges including reckless driving, eluding police, disobeying traffic signals, speed violations, and three counts of disobeying stop signs. Police noted drag racing in the early hours after 2 a.m. on First Avenue E and Westbound on First Street before the vehicle and a second car were curbed. He was held in Linn County jail on $1,000 bond.
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Cedar Rapids
Lawrence DB
Statelmyre
O Avenue NW
Linn County
Pollex
Stotelmyre
First Avenue E
First Avenue
First Street
E Avenue NW
Eleventh Street
O Avenue
Stotel- Wyte
Bike Paths Proposed Along Cedar Rapids Streets
Safety Commissioner Jaynes Steinbeck expressed optimism about adding bicycle routes parallel to First Avenue Kirkwood Boulevard and 1380. The plan would create paved strips above the street, separated by a curb, with signs and paint designating walking and cycling areas, adding modest costs to the project.
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Cedar Rapids
Jaynes Steinbeck
Stout
First Avenue
Kirkwood
Steinbeck
End Weigh Stop for 3 Ton Trucks in Iowa
The Iowa Department of Transportation agreed to end the weigh stop requirement for pickup trucks rated at three tons or less. DOT head Jon McCoy noted these pickups make up 74 percent of Iowa’s fully registered trucks and accounted for 11 percent of trucks weighed in 1974 at stations.
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DES Moiies
Iowa Department of Transportation
Jon McCoy
DOT Motor Vehicle Division
Iowa
Judge Rules Omaha Tribe Controls 3000 Acres Land
U S District Judge Edward J McManus granted a preliminary injunction giving the Omaha Indian tribe control of more than 3000 acres of disputed farmland along the Missouri border in western Iowa. The ruling requires net profits from this year's crop to be held by the government until ownership is resolved.
MENTIONED IN THIS ARTICLE
U.S
Edward J. McManus Thurstisy
Lows
Boai Hullman Askiog
Hullman
Nebraska
Iowa District Court
McManus
Clearing House May debits show slight drop from April totals
The Clearing House report issued Wednesday shows commercial debits for May at 573,512,923 versus April at 577,254,996. Year to date for 1975 reaches 2,828,048,807 while May 1974 debits stood at 597,876,811 and the 1974 year-to-date total was 2,788,687,915. Also notes East Germany refused to abolish burdensome Berlin truck traffic fees.
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Clearing Ione
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