Stocks drift lower as rates loom over New York market
New York traders faced a slowdown amid expectations the Federal Reserve may tighten credit further. The Dow Jones average slid about 4 points to 968.44 as losers led gainers on the NYSE. Major issues included National Gypsum falling 4 points with a large over the counter block trading.
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NEW York
Dow
Federal Reserve
National Gypsum
NYSE
American Stock Exchange
Iowa and Iowa-Region Hog Prices Slump Across Markets
Across Cedar Rapids Waterloo Des Moines Sioux City and Webster City markets Monday packers quoted lower prices for 200 to 230 lb butchers and 300 lb sows with lighter weights discounted further as loads moved to 600 lb ranges. Packers and country points showed steady to lower wholesale bids with mixed demand, while grain and livestock receipts were reported by AP US DA and FSA in Des Moines. In ranch and slaughter yard summaries prices and weights are listed with discounts for heavier animals and yield grades noted. The day also noted Yellowstone National Park creation anniversary in 1872.
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New York Stock Exchange
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Iowa
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Central
Wheat futures slip on drought fears and moisture need
Wheat futures fell about 10 cents as traders weigh the potential rain shortage in Kansas. Corn slipped near 2 cents while soybeans and oil showed mixed to varied moves. Oats edged lower with slight gains, and cash grain values appeared mixed across grades in Chicago.
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Chicago
Chicago Board of Trade
Kansas
Mills Decides Not To Seek Re election
Rep Wilbur Mills of Arkansas says he will retire from Congress citing personal drinking concerns and private polls suggesting he could not be renominated. The 66 year old former Ways and Means chair plans to announce by March 9 that he will retire after 38 years in Washington.
MENTIONED IN THIS ARTICLE
Little Rock, Ark
Wilbur Mills
Econgress
Mills
House Ways and Means Committee
Washington
Five Vehicle Thefts Reported For Radio and Tape Gear
Police recorded five thefts of citizen band radios tape decks and related items from vehicles over the weekend. Stolen goods include a 183 radio and 35 speaker from Robert Drafahi's pickup and a 200 radio 109 tape deck and 27 tapes from Marvin Waterfield's truck. A 20 antenna was taken from Chris Van Fleet's car at Stage Four theaters and a 16 radio and antenna were stolen from Dennis Jurging's vehicle. Russell Stolba's car at home lost 126 in tapes and a 7 tape case.
MENTIONED IN THIS ARTICLE
Robert Drafahi
McKinley Street
Chris van Fleet
Bowling Street
Dennis Jurging
Sixteenth Avenue
Marvin A. Waterfield, Jr
Russell Stolba
Wilson Avenue
Amana Services Set For Louis J. Kennedy
Louis J. Kennedy 48 of Amana died Sunday after a brief illness Born March 22 1927 in Fort Dodge he moved to Amana in 1975 Surviving are four daughters two sons a sister three brothers and his mother Services are 130 pm Tuesday at Turner Chapel West with Rev Michael Boots Church of God in Prophesy Burial Shiloh Cemetery and friends may call until 1 pm Tuesday The family suggests contributions to the American Cancer Society
MENTIONED IN THIS ARTICLE
Louis J. Kennedy
Amana
Fort Dodge
Amane
Jean Grafenger
Lehigh
Karen Karlotta
Edith Mary
Kathy Kennedy
Webster City
Ray Patterson
South Sioux City
Neb
Louis Kennedy
Ave
Arlene Phillips
Cedar Rapids
Edward Kennedy
Kenneth Kennedy
Stolen pets and missing cash in Cedar Rapids briefs
A series of police reports in Cedar Rapids detail thefts and loss incidents. An eight week old St Bernard valued at 150 dollars was stolen from 1302 First Street NW. $67 in items including a class ring and rosary were taken from 203 L Avenue NW on Feb 6. cash, rings, and other valuables were reported stolen from several residences. Local ads note various services and events including tours, a new bowling center, and a Shrove Tuesday pancake supper.
MENTIONED IN THIS ARTICLE
St. Bernard
Sharron Parrish
First Street
Betty Besta
L Avenue NW
Cedar Rapids Students Win Speech Tourney Qualifiers
The Gazette published a corrected list of students who qualified for the state high school Speech association tournament in Ottumwa on March 18 and 19. Names from Jefferson Washington Kennedy McKinley LaSalle Linn-Mar and Prairie schools appear among 500+ participants from 30 area schools.
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Cedar Rapids High School
The
Gazette
Jefferson High School
Ottumwa
Jefferson
Mike Swain
Sean McDonough
Dennis Hruby
Joe Brammer
Dawn Connett
Diane Brockhohn
Debra Joyner
Ant Christianson
Megan Ward
Dave McCauley
Sue Gauman
Sheri van Steenhuyse
Kim Kuecker
Steve van Steenhuyse
Dean Deaver
Terri Powers
Washington
Jon Druker
Darrell Knapp
Charity Struthers
John Pirnot
Jennifer Robins
Craig Brown
Kennedy
Reed Young
John Hutchings
McKinley Junior High
Terri Jensen
Mary Bushnell
Maureen Rattner
Sue Swaney
Jeanette Rattner
Kirk Hobbs
Robine Henry
Amy Russell
Cindy Palmer
LaSalle
Dave Ruhs
Karen Volz
Doug Rehak
Dan Travis
Kelly Konecny
Colleen Borland
Margaret Meek
Cheryl McClean
Linn-Mar
Lori Moeller
Prairie
Jodee Radee
Joyce Faltis
Pam Gibbs
Lisa Lin
Tom Misfeldt
Lloyd-Jones Seeks 73rd House Seat
Iowa City identifies Jean Lloyd-Jones as a Democratic candidate for the 73rd district in the Iowa House. She lives in Iowa City, has 25 years in the community, led the Iowa League of Women Voters 1971–1975, and served on the state planning committee in 1972. She is a member of the Iowa Women's Political Caucus and one of three Iowans on the national equal rights amendment task force.
MENTIONED IN THIS ARTICLE
Iowa City
Jean Lloyd- Jones
Iowa House of Representatives
Arthur Small
Iéwans
Slockett Announces Candidacy for Johnson County Auditor
Thomas Slockett of Coralville a Democrat and Town Copier Printing manager announced his bid for Johnson County auditor. He previously ran in 1970 for the Iowa House 89th district and worked on Tom Harkin and Steven Rapp campaigns. He aims to use University of Iowa resources and vows professionalism and open government. On this date in 1971 a terrorist bombing damaged the U.S. Capitol Senate wing.
MENTIONED IN THIS ARTICLE
Iowa City
Thomas Stephan Slockett
Coralville
Johnson County
Slockett
Tom Harkin
Steven Rapp
Coralville Hawkeye Kiwanis
Iowa City Jaycees
Graphic Arts International Union
Stockett
University of Iowa
Board of Supervisors
Jahmson County
Two Arrested on Property Counts in Gun Theft Case
Police arrested Emil Altick and Edward Hanna on charges of receiving stolen property in a case linked to stolen guns from Junior Money penny’s residence. Hanna remained jailed on bond. Altick released. Guns and a TV were recovered during searches at Altick’s restaurant. Investigation continues.
MENTIONED IN THIS ARTICLE
Emil Altick
Fourth Avenue SE
Edward Hanna
Scuttercourt SE
Hanna
Allick
Linn County
Jad
Junior Moneypenny
H Avenue NW
Ailick
Emil
Harald McCallister
Ninth Street
Rozelle Turns 50 as NFL Commissioner
National Football League commissioner Pete Rozelle reaches his fiftieth birthday while guiding league operations and shaping major policy changes.
MENTIONED IN THIS ARTICLE
National Football League
Pete Rozelle
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