Dow Closes Higher on Inflation Signals Yet Ends off Peak
Signs inflation may ease lifted stocks in heavy Friday trading. The Dow Jones average rose about 14 points from an afternoon peak, final +10.03 to 55.44 as gainers outnumbered losers on the NYSE 1,006 to 476. Weekly advance tallied 30.97 points.
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New York
New York Stock Exchange
Cedar Rapids market steady with varied hog prices
Cedar Rapids hog market was steady on Saturday with Friday’s delivered prices for 210 to 240 lb butchers at 53.00 to 53.50 dollars. Sows under 300 lb ranged 45.50 to 46.00 dollars, while over 240 lb butchers saw discounts per 10 lb. Packers faced weight-based reductions, and yield grades carried discounts. Prices for eggs, beef, and other meats showed mixed movements across Des Moines, Chicago, Omaha, and other market centers.
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Cedar Rapids
Des Moines
UPI
Fiiring
Abi
Soedtass Luillun
Ib Fresh
USDA
Webster City
Towa
Safety Panel Rejects Pam Ban
The U S Consumer Product Safety Commission declined to ban Pam a cooking spray linked to the deaths of 90 young people ruling it not under their jurisdiction as a food additive regulated by the FDA. The panel voted 3-2 with focus on foods drugs cosmetics and pesticides while FDA warning labels remain the action.
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Washington
U.S
Consumer Product Safety Commission
Commission
Pam Club
Churchville
N.Y
Food and Drag Administration
The
Safety Commission
FDA
Iran Pakistan pact opens transit route for goods
ISLAMABAD Pakistan and Iran signed trade and transit deals enabling Pakistan to use Iran’s road network for exports to Europe while Iran may export fare to India and other Asian nations. In Bangkok Cambodia says it seeks self sufficiency and does not need chemical fertilizers. Rural Cambodia farmers make own fertilizer from animal droppings urine and dry grass in a simple pit.
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Islamabad
Pakistan
Iran
Europe
India
Bangkok
Cambodia
Radio
Coast Guard Says 200 Mile Limit Raises Coastal Costs
Monterey California AP reports Coast Guard commandant Adm Once Siler warned a 200 mile offshore territorial limit would cost about 200 million to begin patrols. He cited 53 million for equipment activation and 47 million yearly operating costs plus 100 million yearly for the Fisheries Service.
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Monterey
Calif
América
U.S
Coast Guard
Adm
Siler
Congress
Assa
National Marine Fisheries Service
Laos Troops Harass U S Diplomat in Vientiane
Pathet Lao riflemen halted at the yard of Charge dAffaires Christian A Chapman as Bangkok papers report tanks seizing Laos border town and disarming officials. Chapman said the harassment reflects orders while awaiting a new ambassador.
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Vientiane
Laos
Pathet Lao
Bangkok
Thai Laos
Christian A. Chapman
U.S
Chapman
Atern
Man Hospitalized After Cycle Crash Near Cedar Rapids
LeRoy Joseph Oetker, 21, of 4000 Johnson avenue NW, was treated at St. Luke's hospital for head injuries after a motorcycle crash on highway 94 about two miles northwest of Cedar Rapids Friday. He was reported in good condition Saturday. The Linn sheriff's department said the investigation remains ongoing.
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LeRoy Joseph Oetker
Johnson Avenue
St. Luke’s Hospital
Oetker
Highway 94
Cedar Rapids
Linn Sheriffs Department
New York City's Crisis Budget Tops 12 Billion
New York City adopts a 12.087 billion dollar budget after long meetings. Mayor Beame and the Board of Estimate approve the plan by a 35 to 7 vote as protests erupt outside City Hall.
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New York City
New York
Abraham Beame
Beame
Board of Estimate
City Hall
Liberal Party
Senate
Lader Warren Anderson
Beare
White congressman denied Black Caucus membership
Rep Fortney Starks a California millionaire banker with a district including Oakland applied for Black Caucus membership. Chair Charles Rangel said the request was rejected because the caucus symbolizes black political development and must maintain that symbolism. Rangel noted debate among the 17 members and dismissed charges of reverse racism as coming only from racists.
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Washington
Congressional Black Caucus
Fortney
Pete) Starks
Calif
Oakland
Charles Rangel
Dn.y
Black Caucus
Stark
Rangel
Revere Cadom
Pair Arrested on C R Forgery Charges
Donald James Walnerbach 18 of 1010 Fifth Avenue SE and a 16-year-old boy were charged with larceny by check and forgery for passing checks at several stores. They allegedly took a bill of sale and a checkbook belonging to James Haas of 5450 Ohio Street SW. The theft was reported June 8. some forged checks were cashed and returned to Haas. Walnerbach is held in the county jail on 3000 dollar bond. the youth was released to his parents.
MENTIONED IN THIS ARTICLE
Donald James Walnerbach
Fifth Avenue SE
James Haas
Ohio Street
Haas
Walderbach
Two Seekers for Abductors in Bank President’s Home
Police and FBI hunt two men who used as delivery men ruse to abduct Mrs. Helena Helein wife of a bank president. They demanded 300000 in unmarked bills then abandoned her when she appeared ill. Five suspects total including a woman are believed to have driven a van. Mrs Helein escaped a sealed box and was rescued by a patrolman.
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ST. Louis
FBI
George Helein
Helena
South Side National Bank
Helein
Commissioner says papers allege conspiracy in King slaying
Atlanta police commissioner Reginald Eaves says sworn statements and documents allege a conspiracy in Martin Luther King Jr death. He will decide in two weeks whether to hand material to the FBI. FBI says no current investigation. James Earl Ray remains imprisoned for the Memphis shooting and his lawyers claim a larger conspiracy.
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Atlanta
Reginald Eaves
Martin Luther King
Eaves
FBI
James Earl Ray
King
Memphis
Fenn
Ray
First Avenue Bridge South Half To Close In Cedar Rapids
The south half of the First Avenue Bridge in Cedar Rapids will close Monday for expansion joint repairs. The north half remains open with one lane each way, and city engineer Jon Janda expects about a week for the work. Afterward the north half will close for similar work for about a week. The joints have loosened from the concrete through normal use. ON THIS DATE in 1789 the French Revolution began.
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First Avenue
Cedar Rapids
Jon Janda
Janda
Telephone Gives Data On Disease
Miami residents can learn about 300 medical problems from Tel Med a new service by area medical and charitable groups. Callers hear a 3 to 5 minute talk on the ailment after selecting a code and tape. No charge, eight track cartridges in English and Spanish. The program is reviewed by Dade County doctors and receives about 500 requests daily. Popular topics include diabetes high blood pressure dental care and cancer. Children’s voices are used for certain subjects. Florida Regional Medical Program provided 22000 in seed money and broader community support is sought.
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Miami
Tel-Med
Dade County
Ellen Carter
Miss Carter
Florida Regional Medical Program
Moutsatsos
Cedar Rapids Night Briefs Report Numerous Thefts
City sanitation official reports six headlights worth 60 and a $20 fire extinguisher taken from three vehicles at the landfill. Residents report stereo components, tools, and a television stolen from homes and campers, with values ranging up to 673. Local ads promote venues and services alongside crime notes.
MENTIONED IN THIS ARTICLE
Larry Franck
City Sanitation Department
Franck
Police Study Acting For Day in Court
WAUKESHA Wis AP a rookie policeman watches himself testify on a videotape during a mock trial in a miniacting class part of police training The instructor Gene Conahan notes rookies must not wear sunglasses show emotion or gum on the stand He says the course aims to make officers professional witnesses by teaching forthright answers calm composure and respect for both prosecutors and defense attorneys
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Waukesha
Wis
Milwaukee
Gene Conahan
Conahan
Ant
Geisha Seek Legal Recognition in Sendai
Geisha workers in Sendai request government recognition to receive benefits and coverage under the workers' accident insurance program. They provide entertainment through dance singing and conversation for male clients.
MENTIONED IN THIS ARTICLE
Sendai
Japan
Japan tops world in ham radio plates count
Tokyo AP reports that Japan added to its ham radio stations reaching 286 247 as of March, surpassing the United States total of just over 278 000 per the postal and telecommunications ministry.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Postal and Telecommunications Ministry
U.S
Seminary Student Lives in Omaha Racetrack Tack Room
Terry Robert, student at Concordia Lutheran seminary in St Louis, resides in a tack room at Ale-Sar-Ben racetrack during the 56 day thoroughbred season. He ministers to backside workers, holding Sunday services in a trailer park, facing slow growth from a congregation that once numbered one and has risen to about twenty.
MENTIONED IN THIS ARTICLE
Omaha
Terry Robert
Concordia Lutheran Seminary
St Lews
Ale-Sar- Ben
Bale
Robert
SALT Talks Delayed to July 2 at Soviet Request
Washington says the Strategic Arms Limitation Talks in Geneva will resume July 2 after the Soviet Union asked for more time to prepare. Officials noted the delay was for technical issues and preparation. The report recalls historical German exodus as Russians were set to take over western areas.
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Washington
Soviet Union
Geneva
State Department
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