Stocks Edge Higher On Optimistic Economic Signals
NY stocks advanced as the Dow rose 5.79 to 878.52 amid an improving economic outlook. Leading indicators rose 2.1 percent, while Texaco and other oil majors moved with mixed results. MCA jumped after news of Universal Pictures’ Jaws gross in early release weeks.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Commerce Department
Texaco
Merrill Lynch
MCA
Universal Pictures
NYSE
Amex
Soybean futures rise on Chicago Board of Trade
Soybean futures gained nearly cents a bushel on the Chicago Board of Trade on Thursday while wheat and corn moved, with soybeans closing higher and July contracts showing gains and mixed shifts in other grains.
MENTIONED IN THIS ARTICLE
Chicago
Lamson Brothers
Chicago Board of Trade
Cedar Rapids hog market shows steady prices on Thursday
Iowa and surrounding markets report mixed demand with hogs and sows trading mostly steady to a bit higher, weights from 200 to over 500 pounds, and prices ranging across several grids. Regional notes include Des Moines and Waterloo cattle and hog trends with variable activity and weekly totals.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Ladm
Parkers
Des Moines
Webster City
Thursdy
Omaha
USDA
Baetina
SAONE
Fund Raising Dinner Plans Announced for VIP Program
A five county voter information VIP fundraiser was announced at the Linn county Democratic central committee meeting. Counties Benton Buchanan Clinton Jones and Linn are invited with Doris Peick leading ticket sales and arrangements. The July dinner at a Cedar Rapids park will feature U S Sen Dick Clark and Rep Michael Blouin as speakers. one of 12 statewide events.
MENTIONED IN THIS ARTICLE
Lin County
Democratic Central Committee
Benton
Buchanan
Clinton
Jones
Linn
Doris Peick
Linn County
Demo Financial
Frank Walton League Park
Cedar Rapids
U.S
Dick Clark
Michael Blouin
He Farmers State Bank
Marion
Democrat Central Committee
Jones and
Doris Pairk
Tesak Walton Leaga Park
Cerer Rapids
Michael Bouin
Wells
Farmers State Bank
Bergdorf Executive Faces Prison Over Price Fixing
New York AP Bergdorf Goodman executive Leonard Hankin 57 pled no contest to 10 charges of conspiring to fix women’s clothing prices. Bergdorf Saks and Bonwit Teller were fined 350000 by the Fed in an anti trust action. Hankin could face one year in prison and a 50000 fine. Barrie Sommerfield of Saks received 15000 and one day probation.
MENTIONED IN THIS ARTICLE
NEW York
Bergdorf Goodman
Fifth Avenue
Bergdorf
Saks
Bonwit Teller
Leonard Hankin
Barrie Sommerfield
Trade Surplus Near Record in May Boosted by Oil Drop
The United States posted a near record 1.05 billion trade surplus in May as imports fell 12 percent to 7.09 billion amid slumping demand. Petroleum imports dropped 490 million after April gains, while iron and steel shipments declined, contributing to the overall export figure of 8.18 billion and a year total surplus of 3.7 billion.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Commerce Department
U.S
Lowe Illinois Sells Bonds 20 Million in Chicago
The sale of 20 million first mortgage bonds by Illinois Gas and Electric Co. in Chicago used competitive bidding with a 9 3/8 percent coupon and a 9.52 percent cost of money for the 3 year issue. Five year call protection. The leading bid group was led by First Boston Corp and others including Blyth Eastitian Dilton Co Halsey Stuart Merrill Lynch Place Feiner Smith Loc and Salomon Brothers. The underwriters plan to reoffer bonds to the public at 1 percent of principal. Also Tuesday the company sold one million Common shares with underwriters led by First Boston Corp reoffering to the public.
MENTIONED IN THIS ARTICLE
Chicago
Inwn-Illinois Gas and Electric Co
Amoda
First Boston Corp
Blyth Eastitian Dilton and Co., Inc
Halsey, Stuart and Co., Inc
Merrill Lynch
Plarce Feiner and Smith, Loc
Saloon Brothers
Lockheed Sued For C 5A Crash By Victim s Kin
New York AP Lockheed Aircraft Corp is sued for 1.5 billion by the daughter of a passenger on a C 5A cargo jet that crashed on takeoff from Seigan while evacuating Vietnamese orphans. The suit claims culpability and seeks class action status for relatives of all 72 passengers killed. A separate similar suit for a U S volunteer worker was filed in Chicago.
MENTIONED IN THIS ARTICLE
Bootteon
York
Shri Reich
JG Pale Stock Exchange
Suomi
Stoe Howson
New York
Exchanor
Orens
IBM
Alcona
Aiger van
Bauibo
Jon Loon
SaBrons
Aeon Ee Peer
Ronco
Pisa
KolsrAl
Saal
Kamael
Tektrons
Aniston
Kogors
UN United
Gorge
McDonalds
Bue
Reisling
Briel Abe
Moerwit
Yiariga
Arie
Eve Buddco
Newt Ie
Wola
Wes
Ants
AirLin
al OuelPet
Conde
Conde 22A” 4. Wge
Konto Ie
Qrong LO
Gontrol Bataay
Ards
Cneadet
Omani
Ab Adrlismannanses
Cork
Esa Gubonts
Duatt
EastAir Linnie
Ib Gy Eton
Lockheed
Lockheed Aircraft Garp
Patricia Dulenseger
Seigen
Rockheed
Chicago
U.S
Tifois
Cosponsors OSHA Assistance Bill Aims at Small Firms
Rep Ed Mervinaly of Alowe plans to cosponsor legislation to help stall business men comply with the Occupational Safety and Health Act. The measure would provide small business operators with technical assistance to bring their businesses into OSHA compliance.
MENTIONED IN THIS ARTICLE
Washington
Ed Mervinaly
Alowe
OSHA
HHH Aide Sentenced For Campaign Contributions
New York AP Jack Chestnut former campaign manager for Senator Hubert Humphrey was sentenced to four months in prison and fined $5,000 for arranging unlawful dairy donations to Humphrey's 1970 senate campaign. He was convicted May 8 of setting up a $12 000 contribution by Associated Milk Producers Inc to the Humphrey campaign. Prosecutors say Chestnut had AMPI pay campaign bills of an advertising agency.
MENTIONED IN THIS ARTICLE
NEW York
Jack Chestnut
Hubert Humphrey
Humphrey
Senate
Chestnut
Associated Milk Producers, Inc
Fund Raiser Plans for VIP Information Program in Iowa
A regional fundraiser in Linn County Iowa coordinated by Doris Pairk the county Democratic financial secretary will guide ticket sales for an information program headlined by Congressman Michael Bouin. The event aims to boost support across a five county area with proceeds supporting party goals.
Also Mentioned on This Page
Iowa
Acunesuay
Lamson Bramers
Bealrive Feals
Gvorgsman
Wa Town Electric
Ohn Deere Colert Kidde
S3g LY Corp
Wwe Goce
Maylon
HameCord Corn
Aoerira
Das United Fire & Casualty
Guorany
Winnebone
Benney
Ae Mapem
Uce
Prigmage
Exim Tarpe
Arpe
Medwanty Addit Marr
Cultura
Ite Publekr IH
Pyeulgin Bs Gs
Arizona
Ted
Questor
Rune
Aslea
Rok
Iestn
Va Ay
Sar
Freene
CR. Markets
Cattle Market
Thurstand
Quytamges
Sheen
Waterloo Hoge
Waterloo
Avery Butchers
Sioux City Livestock
Siour City
Webster City Livestock
Joliet
Joliet NW
UPL
Eal Ne
Wes Moines
Waterloo Hogs
IAP
oHtorinas
Chicago Cash Grain
Hoomer
Vuelo Noybeun
Dalivargd
Omaha Livestock
By Neg Cochran
Eph, Bua
Srampain
Pirars
Marmaduke
Anderson
Lowe
Illinois
Vivienne Clark
Woodbridge, Va
Defense
Htellisenos Agency
Panosrom Lensson
Breve Yao
Weranes Brothers
Big George
Virgil Partch
HHH
Unin
Cam Aieer Prime Pal Sakes Pyloneta
Dhs
Adidronn
Maidio de At
Wess
Lota
Dain, Kalman & Quail
Dain Kalman
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