Stocks Edge Up After Leading Indicator Rise
The Dow Jones Industrial Average rose 0.82 to 998.20 as gains outweighed a sluggish market. Trading remained quiet with 12.62 million shares by midafternoon and the NYSE composite up 0.14 to 55.37 while the American Stock Exchange index gained 0.24 to 105.16. Atlantic Richfield advanced 2 1/8 to 103 5/8 after a 2-for-1 split and higher dividend. Kaufman & Broad rose to 9 1/8 after reporting a quarterly profit of 2.3 million.
MENTIONED IN THIS ARTICLE
Commerce Department
Atlantic Richfield
Kaufman & Broad
NYSE
New York Stock Exchange Issue Prices Listed
Selected late national prices for NYSE issues include many stocks with bid offers and intraday figures. Prominent names such as Motorola, Amex Corp, Alcan Aluminum, and Exxon appear with related price movements and percent changes across trading sessions.
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NEW York
New York Stock Exchange
Wittenmyer Sale Approved by Iowa Council
The Iowa executive council approved the sale of the former Annie Wittenmyer home in Davenport for 320000. Davenport will pay 170000 for part of the 43 acre property, while St Luke's hospital will pay 150000 for the remainder. The sale ends a 1974 state closure order of a juvenile facility. The city has a five year payment plan and a 20 year lease to a family services group with two renewal options.
MENTIONED IN THIS ARTICLE
DES Moines
Annie Wittenmyer
Davenport
Iowa Executive Council
Steven Robinson
St. Luke’s Hospital
Robinson
Robert Ray
Maurice Baringer
Family Services Organization
Cedar Rapids hog market slides with mixed prices across weights
The Cedar Rapids market Tuesday showed lower hog prices with 200-230 lb butchers at 50.00 to 50.50 per cwt and 300 lb sows 43.00 to 43.50. Heavier segments faced reductions, and grain and livestock listings across Des Moines, Sioux City, Omaha, and other markets noted softer hogs and varied cattle trading.
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Cedar Rapids
Des Moines
Sioux City
USDA
U.S
Omaha (Ap
Webster City
Central
Iowa
UPI
Grains fall on rains forecast and export worries
Corn and soybeans slip as export demand fades and rain chances loom. July corn drops to 7.44 cents lower, soybeans down 5, oats down 4, and wheat off 4 cents. Cattle bids ease on light broiler trade amid grain shocks.
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Chicago
Chicago Board of Trade
Lamson B
Cedar Rapids News Briefs Highlights Local Events and Incidents
Local notes list a Czech School board meeting at 7 p.m. at the Edward R. Kuba residence and multiple ads for tours, events, and services. Items include a break-in at Pizza Hut with cash and coin theft, other thefts, new business openings, and upcoming community activities across Cedar Rapids.
MENTIONED IN THIS ARTICLE
Czech School Board
Edward R. Kuba
Tipton Declares Bicentennial Community With Flag
Tipton Iowa officials accepted a Bicentennial flag and a governor's certificate from an American Revolution Bicentennial committee member. The ceremony at Library Square announced Tipton as a bicentennial community and flag will be flown.
MENTIONED IN THIS ARTICLE
Tipton
Robert Ray
Library Square
Neighbor Tax Mistake Costs Idaho County Reimbursed
Gary Thurston of Rupert, Idaho, paid taxes on his neighbor’s property for five years. Minidoka County assessor’s office billed him for assessments on both his property and an adjacent packaging site. The error, under $5,000, was found during a county appraisal. The county will reimburse Thurston and pay 6 percent interest.
MENTIONED IN THIS ARTICLE
Rupert
Idaho
UPI
Gary Thurston
Minidoka
Thurston
Scott Erwin
Public Bids Sought for District Services and Supplies
Legal notice invites bids from all qualified firms for services and commodities. Contracts awarded to the lowest responsible bidder meeting district requirements. Submissions due by July 10 and terms set to favor local coal and Ber county products where feasible.
MENTIONED IN THIS ARTICLE
Pelee
Color Rapids
Ber 2 Ag
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