Financial and Market News Slight Stock Gain
New York stock advances modestly with the Dow up 1.72 to 836.28 as gainers edge losers six to five on active trading. Ford’s optimistic outlook spurs buying interest while Gulf Oil and Rockwell International rally on merger talks.NYSE composite ticks up 0.01 to 48.70 and market indices show mixed strength across sectors.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Ford
Gulf Oil
Rockwell International
NYSE
Wheat and oats gain limit on exchange day
Chicago wheat and oats futures hit daily limits amid strong demand and short covering. July contracts rose 14 to 20 cents, soybeans up 7 to 10 cents, corn up about 4 to 6 cents, while oats advanced. Des Moines and other markets show firm livestock prices and higher hogs and cattle in midweek trade.
MENTIONED IN THIS ARTICLE
Chicago
Cedar Rapids hog and cattle market prices fall within range
Tuesday market listings show steady hog prices with 210 to 240 lb butchers at 40.80 to 50.00 dollars and various weight-based declines for larger cattle. Pack er prices and discount rules apply across weight grades up to 500 lb, with futures mixed and noted price ranges for steers and heifers. Descriptions include hogs, cattle, and sheep markers with state market notes from Des Moines and Chicago futures.
MENTIONED IN THIS ARTICLE
Sioux City
Strady
Eloughter
Choice
Pelme
Helfers
Chase
Des Moines
Inlet
Cedar Rapids
Iowa court upholds limit on governor's item veto power
Des Moines Iowa. The Iowa supreme court denied Governor Ray's rehearing request on its 1973 and 1968 constitutional item veto ruling. The court ruled 7 to 2 last month that Ray overstepped by altering conditions in 1973 appropriations bills and upheld the need to veto both the appropriation and the legislative-imposed qualification. Ray decried the decision as misinterpreting the veto scope.
MENTIONED IN THIS ARTICLE
DES Moines
Iowa Supreme Court
Robert Ray
Ray
Hie
Raey
Harvey Ablenhopp
Cedar Rapids Briefs Report Multiple Thefts Across City
Local notes report thieves targeted residents and businesses Monday. Calculators, tires, a motor and tools were stolen from Linn Social Services staff, Todd Bordon, Florencio Hinojosa, James Halley, Tim Meis, Edward Prochaska, and Bruce Crawford, with values totaling multiple hundreds. Other items include a turntable set, golf equipment, and a pants lot. community notices mention health programs, club meetings, and a police report of a four-trailer tire heist.
Park Board cash higher than expected boosts from park use
Linn County conservation board reports a higher than expected cash balance helped by federal revenue sharing. Attendance at parks rose in May, with 48 reservations for about 2,000 people versus 30 reservations for about 1,000 last May. Weather improved versus last year and fuel costs influence nearby travel. Proposed uses include expanding Pinow Ridge campgrounds, a second lodge and group camp at Squaw Creek, and a primitive campground at Matsell Bridge.
MENTIONED IN THIS ARTICLE
Linn County Conservation Board
George Hamilton Als
County Board of Supervisors
Hamilton
Linn County
Samping
Squaw Creek Park
Pininow Ridge Park
Matsell Bridge
Boston University and Pomona College grant graduates
May graduates at Boston University School of Management include Bing Wong of 3300 Bowling Street SW earning a Master of Business Administration. Earlier this month Pomona College in Claremont California awarded Lawrence Seidler of 432 Knollwood Drive SE a Bachelor of Arts degree in psychology.
MENTIONED IN THIS ARTICLE
Bing ¥. Wong
Bowlingstreet
Boston University
School of Management
Lawrence Seidler
Knollwood Driva
Pomona College
Claremont
Calif
Magistrate Court Appearances Highlight Local Drunk Driving Cases
In magistrate court Donald Simpson of Allison hotel pled guilty to drunk driving and received a six month sentence with thirteen days served. remainder suspended. Several defendants were bound over to the grand jury on charges including fraudulent acts, drunk driving, false pretenses, larceny, burglary tools possession, and receiving stolen property. some charges were dismissed or deferred.
MENTIONED IN THIS ARTICLE
Donald Simpson
Allison Hotel
Faith Loeschen
Twentyninth Strees NE
Ronald Higham
Twenty-second Avenue SW
Grand Pry
Daniel Buchanan
Eighth Avenue SE
Mela Prince
D Avenue NE
James Phillips
YMCA
Kenneth Hall
Lynne Ganske
Central City
Keith Clark
Larry Buck
Cobbancourt SE
Dreina Derrick
David Lucas
Keith Drive
Barry Aresti
Magnus Kabel
Joel Whitaker
David Carpenter
Vinton
William Benson
Chester Holtzman
M Street
Nancy Clements
David Wilkin
Twentyfirst Street
Geralt McCormick
Qakland Road
Man Arrested For Possession Of Marijuana
Douglas E. McDonough, 18, of 4413 Ozark Street NE, was charged after a deputy saw him throw a bag of marijuana toward a jail window near Linn County jail. He allegedly resisted and attempted to flee as officers tried to take him into custody. held on $625 bond.
MENTIONED IN THIS ARTICLE
Douglas E. McDonough
Ozark Street
Fentate
Lian County
Linn
Pam
McDonough
Cedar Rapids
Iowa House Approves Summer Job Plan for Youth
Des Moines Iowa lawmakers endorsed a 1 million dollars appropriation to fund summer jobs for low income youth. The measure, approved 74 to 18, requires 3 million federal matching funds and shifts administration to the state employment security commission. U S Labor Department officials estimate 3 722 292 dollars will be distributed across Central Iowa Regional Association of Local Governments Linn county Black Hawk Woodbury Scntt and other counties to create the programs.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Senate
U.S. Labor Department
Kansas City
C R Man Faces Bicycle Theft Count
Steven Prevosi l, 21, of 3009 Madison street NE, charged with larceny of a bicycle borrowed for a trip and not returned. Police say Prevosi took the bike from Bicycle Peddlers, 1209 First avenue SE, last Friday. The bicycle valued at 126 dollars. He was charged with grand larceny and jailed on $1,000 bond.
MENTIONED IN THIS ARTICLE
Steven Prevosil
Madison Street
Previosil
Biverle
First Avenue
Pronosil
Dwayte Pratt Inju ry From Industrial accident at plant
Dwayte Pratt 33 of 1435 N street SW remained in good condition at St Luke s hospital after an industrial accident at Highway Equipment Co main plant 6180 avenue NW about 11 30 am He was moving equipment when injured Two unrelated lines about the senate passing extensions of military and doctors drafts appear in the text and are not linked to Pratt s incident.
MENTIONED IN THIS ARTICLE
New_York
Weary
Inuning
Mick Vado
Akrong
Ieee Ag
Armen
Emstek
Atlas Core
Transam
Ional
Kanests
Luvenstan
Ernie Ian
Buckerey
Mead Jae
Wachova
Mohasca
Westie
Seana
Nobisco
Kanes
CrownCark
Owen Ie
Paty
Poscoiny
Benny Ao
PoPwitiel
Zeigney
PepsiCo
Sam Bowe
Ate Dresser
Phil Morr
ST A. Bukew
Chicago
Lamaon Brothers
FEV
Eass
Dwayte Pratt
N Street
St.Luke's Hospital
Pratt
Highway Equipment Co
Avenue NW
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Thesday
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Cinse Prey
So Seesene
Cadneeee PS
Mofeh Eestor Tas
Lamson Teathers
Frey Stree
Cnn Sader
Omaha Livestock
Omaha
USDA
Barrows
U.S
Malai
Vali
Sioux City Livestock
Eton Lamson Brothers Am Tm. Fund
ASS Am
Rein
Enea
Beatrice Foods
Ruardsmar
Hawkeye Bancors
Hepim Aanooement Svcs
Andersae Power
Rven le Taba Electric
Esser Wel Lite Investors
Aie
Maytag
Oss PV
Maccere We
Mid America
TUB Quaker
Rackwellia Syntex
United Fire & Cowietty
WED
Chicago Cash Grain
API
Sevbeans
Hogs
Holiet Livestock
Lemhoa Gok Cnecone
Wynlow Snybeans
Waterloo Hoos
Waterloo
Peckina
Peron
DES Jaqines
Midwest Corot
Webster City
Lowar
CR. Markets
Nsw
Dever Rodlds
Uuind Prives
Futuras Wedina
Chinago Mercantile
Ninye
Dins
ADF Beirsmarseereen
Tunsday
Federaistary Market
Imarket
Smohiy
Robert Andrews
Linn Social Services
Third Avenue SE
Stickney
Marion
Todd Bordun
Florencio Umcjosa
Third Avenue
Hinojosa
Johnny's Parkway
Corner Ellis
Pau
James Halley
Halley's
Lindale Plaza
Center Point Rd
Ady
Tim P. Meis
Rexroat Chiropractic
Johnson Ave
James Wood
Texas Avenue NE
Edward Prochaska
J&r Automotive
Sixth Avenue
Lester
Lumir Kriz
Mary Ann
BR. J
Kou! Conpany
Fhursday
Ely
Assa
Lornado
Eee
Lions Club
Montrose Hotel
Jim Hart
St. Louis Cardinals
Earl Brunson
Second Street SE
New Leaf Health Food Store
Mt. Vernon Rd
S.E
Metro Kiwanis
Ralph Harms
Northwestern Bell Telephone Co
Pierson
Ellis Blvd
Convention Bureau
Bishop's
Temple Judah
Tandsay Lane SE
Montrose
Eyy's
Paramount Theatre
Bruce J. Crawford
Red Fox Road
Bever Park
Larry Katcher
Route Two
Army
Park Board
Juan Peron
C.R. Man