Slight Stock Gain Reflects Mixed Trade In Market
New York markets edged higher as the Dow to 1000.41 edged up 0.57 with a 4-3Advantage for gainers on NYSE issues amid moderate volume of 12.24 million shares. Investors cited a May trade surplus near 400 million while buyers stayed cautious at the 1000 level. Big Board leaders Northrop and Kodak posted modest gains as industry results and corporate earnings influenced sentiment.
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New York
Dow
Northrop
Air Force
Eastman Kodak
U.S
H.R. Block
American Stock Exchange
Iowa hog and Sioux City livestock prices follow market day
Des Moines hogs show moderate demand with higher butcher prices across weights from 200 to 550 pounds. No 1 3 hogs 240 pounds bring 50.25 to 52.00 per cwt, sow prices rise up to 44.00 for heavy weights. Sioux City cattle and hogs trade moderately to fairly active with hogs up to 1.00 higher in some weight classes and cattle steady to firm. ON THIS DATE in 1894 congress declared Labor Day as the first Monday in September.
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Des Moines
UPI
Sioux City
Congress
Federal State Market
Federal
Omaha
Neb
USDA
U.S
Midwest
Boston
Cedar Rapids hog and cattle market report Monday price shifts
The Cedar Rapids hog market rose with 200 to 230 lb butchers at 50.25 to 50.75 dollars, sows steady at 43.00 to 43.50, with weight-based discounts for heavier hogs. Cattle listings show high choice steers at 36.50 to 37.50, high choice heifers 35.75 to 36.75, and various grades of steers and cows priced, plus grain quotes for corn soybeans and oats.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Wilson and Company
Joliet, Tr
UPI
Grain futures fluctuated on Chicago Board of Trade
Chicago AP reports mixed grain moves as soybeans rose early then closed near unchanged. Wheat gained briefly before slipping, corn and oats gains faded after heavy profit-taking. Soybean meal mixed, oil up about 4 percent. Iced broilers little traded. July quotes show small shifts across wheat oats corn soybeans.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Fire Sale Looting After Brooklyn Blaze
Three teenagers were arrested in Brooklyn after a nearby furniture store fire. investigators believe arson was used to cover a burglary as loot was sold from sidewalks outside a housing project. Police charged the trio with burglary. names were not released.
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New York
Brownsville
Brooklyn
Cedar Rapids man given deferred sentence for forged check
A 23 year old Cedar Rapids man David P. Bowers was placed on probation after a judge deferred sentence until June 30 1979 for forging a $100 check drawn on Arthur Turner. Turner said his checkbook was stolen.
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Cedar Rapids
Linn
Robert Osmundson
David P. Bowers
Thirty-fifth Street Drive
Bowers
Arthur Turner
Ninth Street SE
Turner
Pair Arrested on Marijuana Charge
Mark Allen Dusterhoff twenty two from 1226 Second Avenue SE and Valerie Gail Godber nineteen from 205 Thirteenth Street SE were charged with possession of a controlled substance after police investigated a parked car in Bever Park following closing. A quantity believed to be marijuana was found. They are held on five hundred dollar bond each.
MENTIONED IN THIS ARTICLE
Mark Allen Dusterhoff
Second Avenue SE
Valerie Gail Godber
Thirteenth Street
Bever Park
Judge Defers Term In Cedar Rapids Breakin Case
Larry Franks aged 19 of 931 Sixteenth avenue SE received a deferred sentence Friday for a March 14 breakin. Linn District Judge Robert Osmundson deferred until June 30, 1978. Franks pleaded guilty May 20 to a breakin at James Hemming residence 2027 Fourth avenue SE.
MENTIONED IN THIS ARTICLE
Larry Franks
Sixteenth Avenue SE
Cedar Rapids
Linn
Robert Osmundson
Franks
James Hemming
Fourth Avenue SE
U S Records Year S First Trade Surplus
The Commerce Department says May exports exceeded imports by 395.6 million dollars, producing the first surplus this year. Oil imports fell 24 percent to 165.1 million barrels, while exports rose to a seasonally adjusted 9.6 billion dollars, with gains in farm products, chemicals, machinery, and transportation equipment.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
United States
American Petroleum Institute
U.S
Ten-Year Term for Two Assault Cases in Iowa
Adam A. Robbins, 29, inmate of the Iowa Men's Reformatory, received two consecutive five-year terms totaling ten years after pleading guilty to stabbing Toni Hahn at a Cedar Rapids laundromat and assaulting Marilyn Wicke in Marion. He was already serving a 25-year sentence for a Clinton county second degree murder.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Marion
Adam A. Robbins
Iowa Men's Reformatory
Anamosa
Fourth Avenue SE
Friday
Linn
Robert Osmundson
Robbins
Toni Hahn
First Avenue
Twentyninth Street
Hahn
Laundromat
Lindale Plaza
Marilyn Wicke
Collins Road
Clinton County
Halfway House
Clinton
SLA Pair Convicted of Jail Escape Attempt
SAN JOSE Calif AP two Symbionese Liberation Army members were convicted Saturday of trying to escape Alameda County jail in Oakland and of assaulting two sheriff's deputies. A six-man six-woman jury acquitted Joseph Remiro and Russell Little of a robbery charge tied to keys stolen during the March 1 1975 escape bid. The jury deliberated from late Thursday through Saturday.
MENTIONED IN THIS ARTICLE
San Jose
Calif
The Theft Case Handled by Linn Court
Osmundson Friday deferred sentence on a 19 year old Springville man accused in the March 1 theft of tires and wheels from a Cedar Rapids firm. Michael K Lange had his sentence deferred until May 29 1979. He pled guilty to the theft of the goods from Ream Auto Body 801 Blairs Ferry road NE.
MENTIONED IN THIS ARTICLE
Linn
Robert Osmundson
Springville
Cedar Rapids
Michael K. Lange
Ream Auto Body
Blairs Ferry Road
Sailors Return to Duty After Pot Probe on Submarine
Thirty seven sailors removed from the nuclear submarine Thomas Jefferson during a marijuana use investigation have been returned to duty aboard the vessel. They were kept one night at Sand Point, then moved to Bremerton navy facilities before resuming duties. Navy officials offered few details, saying the investigation continues.
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Seattle
UPS
Thomas Jefferson
Bangor
Sand Point
Navy
Bremerton
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