Financial Market Decline Pushes Dow Lower Amid Oil Watch
New York stocks fell on Tuesday as traders priced in potential oil price hikes from an OPEC meeting in Africa. The Dow Jones average slid around 11 points in early trading and later trimmed losses, with Continental Oil, Amoco Richfield, and Standard Oil of California among losers. Ford Motor tumbled after signaling a production delay for 1976 models, while General Motors and Chrysler also slipped. The NYSE composite fell about 52 points, and trading remained active despite the wavering tone as investors monitored the oil outlook.
MENTIONED IN THIS ARTICLE
New York
Continental Oil
Almalin
Standard Oil
California
Mobil
Ford Motor
General Motors
Chrysler
Amer
Cedar Rapids hog market climbs as buyers push prices
Cedar Rapids dealers reported higher Tuesday hog bids with 210 to 240 lb butchers at 46.00 to 46.30 and packers 40.00 to 40.50 for 300 lb sows. Offsets applied to heavier weights and grade-based cuts. Des Moines report notes brisk demand for heifers and steer trade with pork prices up 2 to 4 dollars per hundredweight. Waterloo also shows gains with 200-230 lb butchers at 46.50 to 47.25 and sow prices firm.
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Bical
Fay Global Nor Burm
GuokSia
Revlon
Ieee
New York
Cindi
Breil
Alldeh
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Sabor
Alisha
Ie Stauth
Achere Teen Wa
Ing
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Kroger
Sie
Lenser
Terry
Attaise
Cohan
Blyther
Rickshaas
LykeYno le
Yorke
Macias
Nesta Wa
Thesday
Herings
Beth Piant
Apnoraly
Alimeth
Erie
DEY Moines
Bruni
Berigud Maderné
Horner
Grade
Jorge
Gangolne
Ste ‘Chrysler
Hut’ Rescatne
Cedar Rapids
Des Moines
UPI
Hlahers Boster Huts
Belides
Hehe
Tags Sagies
Waterloo
Sioux
City
Apy
USA
Poultry and Produce Prices and Market Notes
A fragmented market blurb lists poultry items and prices for CHICAGO PRODUCE with feeder cattle and frozen pork price notes. Prices for different poultry grades, including Grade A and various weights, are given alongside delivery terms and market day references. Other sections reference California and Arizona produce, butter quotes, and price stability.
Omaha Livestock Market Summary from JOLIET and Omaha
JOLIET LIVESTOCK JOLIET Hk UPL Conte sates in sultimen to establish market Tuesday. OH hows Pon, thin Fe Bast. 105 on Solurtuy wrt 12 Nor fess shars. OMAHA USDA Hows The Soy active. cows and calves pricing listed. steers and heifers showing mixed activity. prime and choice levels noted. Gold and silver prices and Tuesday’s prov inco values also referenced.
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Joliet. Hk
Sultimen
Solurtuy
Wien
Omaha
USDA
U.S
Cancer
Ottly and
Chives
Kissinger Seeks American Assurance for Israel Security
Secretary of State Henry Kissinger told the House International Relations Committee that any Middle East settlement will require some form of American assurance of Israel’s security. He noted the exact form depends on future Arab-Israeli peace outcomes but emphasized no U.S. bases are being considered in the Jewish state. In Des Moines, livestock market reports show varying prices for butchers and sows, with mixed Tuesday demand and weekly estimates.
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Washington
Henry Kissinger
Middle East
Israel
House
Kissinger
U.S
Grains End Session With Broad Lose On Profit-Taking
Chicago AP report shows farm futures easing after early gains in soybeans, wheat, corn and oats. Soybeans fall about 5 cents, wheat down 4 cents, corn and oats down around 1 to 1.5 cents. July prices listed with minor changes amid liquidation.
MENTIONED IN THIS ARTICLE
Chicago
Cnn
OPEC to Price Crude in SDR Instead of Dollars
In Gabon, OPEC agrees to quote crude oil prices in the IMF's special drawing rights rather than dollars. A committee weighs two options to implement the switch, potentially lifting or lowering prices for different currencies. An SDR-based shift could raise U S gasoline costs by about 1 to 1.44 cents per gallon.
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Libreville
Gabon
Organization of Petrolens
International Monetary Fund
West Germany
Switzerland
OPEC
Committee of Experts
U.S
New York City
Congress Snail Stalls Vital Funds
Congress delays on a $15 billion supplemental funds bill threaten payments for 50 million Americans including unemployment, Social Security, GI bill, and food stamps. House and Senate deadlock over rail funding delays disbursements, risking GI education checks for 159,000 veterans and possible 20 million food stamp recipients losing aid.
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Washington
UPI
Congressional
House
Senate
Federa
Veterans Administration
Agriculture Department
Cedar Rapids Briefs Highlight Local Honors and Ads
Cedar Rapids notes multiple items including a dean's list student from Oral Roberts University and academic honors for Sunda Sonka at Westar College Le Mars. The page lists local ads for jewelry, plants, wedding photography and beauty salons, plus a charter coach trip to New York City Boston Cape Cod leaving August 30 and a writing skills meeting rescheduled to Wednesday at 7:30 p.m.
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Sunda Sonka
Havenne
Disin
Westar College
le Mars
Peggy
Nave Seo- Lia
Canada
New York City
Boston
Cape Cod
Cedar Rapids
Board of Education
Minorities Shorted In Government Contracts Study
The U S Civil Rights Commission reported that racial minorities and women receive far less than their share of the roughly 120 billion dollars spent annually on government contracts. The commission said minorities get less than 1.7 percent and the share to women‑owned firms is imperceptible, a two year staff study noted.
MENTIONED IN THIS ARTICLE
Washington
U.S. Civil Rights Commission
Regorp
Plan for Temporary Bridge Repairs Detour Sparks Local Concern
The Colage Grove avenue SE bridge over Indian Creek may receive a temporary patch before rebuilding, Public Services Director Richard Jensen said Tuesday. The south lane is damaged and closed, with motorists diverting onto Thirtyfourth street though many ignore it, risking danger. Cost estimates will be issued in a few days and sent to President Ford and congressional leaders. The report critiques federal minority bid programs as only partly successful and urges actions to ensure minority and women owned firms gain contracts in proportion to their numbers within five years, calling for expansion of eligibility for development assistance.
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Collage Grove Avenue SE
Indian Creek
Public Services
Richard Jensen
Thirty- Fourth Street
Jensen
Ford
House
Senate
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Marion
Center Point Rd
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Killian
Gail
Retroat Chiropractic
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Johnson Ave
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