Strong Stock Gain Lifts Markets on Fed Signals
New York stocks rose led by gains in Dow Jones Industrial Average as investors interpreted Federal Reserve actions as signaling modest rate restraint. United Brands traded actively, lifting sentiment amid broad market advances with the NYSE composite and AMEX index edging higher.
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New York
Federal Reserve
New York Stock Exchange
Fed
United Brands
NYSE
American Stock Exchange
Cedar Rapids hog market shifts and grain notes
Tuesday market results show hog prices higher in Cedar Rapids with bids for 200 to 230 lb butchers at 46.00 to 46.50, 230 to 250 lb at 46.00 to 47.00 in Des Moines ranges, and sow values steady to 41.50. Wheat and soy quotes appear with mixed grain notes across Chicago and Joliet.
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Cedar Rapids
Iowa
Des Moines
Joliet
Cotte
Waterloo
Sioux City
USDA
U.S
Webster City
Gentral
Towo
Services Are Friday For Adolph Nezerka
Adolph Nezerka, 92, Ely, died in a Cedar Rapids hospital after a long illness. Born Sept. 20, 1883, in Cedar Rapids, he farmed near Ely most of his life. He married Stella Nemecek on Nov. 26, 1907. He was a member of First Presbyterian Church near Ely, helped erect Rogers Grove church, and served as custodian for years. Surviving: daughter Lumir Biderman, Ely. sister Bessie Rejsa, Cedar Rapids. six grandchildren. eight great‑grandchildren. Services Friday at 1:30 at Broskhs in Cedar Rapids. burial Rogers Grove cemetery.
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Ely
Adolph Nezerka
Cedar Rapids
Stella Nemecek
First Presbyterian Church
Rogers Grove
Lumir Biderman
Bessie Rejsa
Broskh’s
Rogers Grove Cemetery
Cedar Rapids News Briefs and Local Ads Summary
Cedar Rapids brief items note a Thursday 7 p.m. Cedar Rapids Radio Club meeting in the civil defense training room, plus Cure group gathering at Peoples church at 7 p.m. also Wednesday. Notices include a tool theft report from Henry Luitjens in Cedar Rapids with $64 value, ads for Stickney's Scoreboard in Marion, Adv. perfumes, and restaurant specials at Stadium Restaurant and Lounge. Local rental listings mention a Florida apartment near Pompano Beach, and a retirement notice for Dr. L L Dolson with Ron Hodle resuming care in Cedar Rapids.
MENTIONED IN THIS ARTICLE
Radio Club
Cedar Rapids Radio Club
Civil Defense Training Room
Court Rules Against Time In Libel Case
The Supreme Court ruled 6 to 2 that publishers can be held liable for damages due to negligently misinterpreting court decisions in a libel suit by Mary Alice Firestone against Time magazine. Five justices sent the $100,000 judgment back to Florida to determine if Time was negligent in reporting a divorce on adultery grounds. The decision narrows press protection since 1964. Firestone did not become a public figure merely by marrying into the Firestone fortune or suing for divorce. The Court also ruled state prosecutors immune from civil damages under federal rights law for false testimony and rejected a bid to have the Court of Claims decide back pay for an improper job classification. Other items include local notices and ads.
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Washington
UPL
Supreme Court
Mary- Alice Firestone
Time Magazine
Florida
Time
Firestone
Court of Claims
Local man charged with drunken driving near Cedar Rapids
Ronald D. Utley, 28, Palo, faces a drunk driving charge after a Jones county deputy stopped his vehicle on Highway 30 about two miles west of Cedar Rapids for erratic driving. In 1966 the United States confirmed hydrogen bombs missing from a B-52 over Spain with one bomb leaking radioactivity and another found.
MENTIONED IN THIS ARTICLE
Ronald D. Utley
Palo
Jones County
Cedar Rapids
U.S
Spain
Poultry Prices in Des Moines Area Steady to Slightly Higher
North Central States live hens market in Des Moines shows mostly steady to slightly higher prices with demand slow to good. Trade ranges for grades vary from large to small sizes with cents per dozen quotes, reflecting steady undertone for high quality and weaker for lower grades.
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North Centra States
U.S Des. Moines
Des Moines
Iowa Senate Debates Abolition of Employment Security Unit
The Iowa senate debated but did not finish action on a bill to abolish the Iowa employment security commission and create a department level agency headed by a director. The proposal sets up an appeals board with three governor appointees and a nine member advisory council to advise on employment security matters.
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DES Moines
UPI
Iowa Senate
Iowa Employment Security Commission
Department of Employment Security
Discrimination In Abortion Bill Debated In Iowa Senate
Solicitor General Richard Haesemeyer said the conscience clause bill would allow discrimination against medical personnel who refuse abortion participation. It bars employment discrimination but could require transfers to non abortive shifts in large hospitals. The measure does not grant new abortion rights and would not compel writing of beliefs. Spontaneous abortions are not classified as abortions under the bill.
MENTIONED IN THIS ARTICLE
Haesemeyer
Solicitor General
U.S Supreme Court
Federal District Court
Speed limit changes proposed for Cedar Rapids streets
City council will file proposed speed limit increases on 15 Cedar Rapids streets, raising limits from 25 to 30 mph at multiple segments including Nineteenth SE, A avenue NE, Thirteenth SE, and several avenues SE. Additional changes shift 35 to 30 on J street SW and 45 to 35 on Williams boulevard, with further adjustments on Edgewood road.
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Cedar Rapids
Nineteenth Street
First Avenue
Mt. Vernon Road
Third Street
Twelfth Street
Thirteenth Street
Third Avenue
Fifth Avenues
Fifth Street
Tenth Street
L Street
Wilson Avenue
Fifteenth Avenue
Ninth Street
Second Street
E Avenue
Edgewood Road
Eighteenth Street
Wiley Boulevard
J Street
Thirty-third Avenue
Williams Boulevard
Sixteenth Avenue
Beverly Timmer Elected President of Alcohol Board
Beverly Timmer of 4436 Rushmore Drive NE was reelected president of the executive board of the Citizens Committee on Alcohol and Drug Abuse. The slate includes Wayne Mead as vice president and Jim Davidson as secretary, with Jim Barvinek as treasurer and finance committee chairman. An advisory board of Linn, Benton counties, and other names with terms from one to three years completes the structure.
MENTIONED IN THIS ARTICLE
Beverly Timmer
Rushmore Drive
Citizens Committee On Alcohol and Drug Abuse
Wayne Mead
Jim Davidson
Jim Barvinek
JoAnn Bronsema
Darrell Martin
Bob Gross
George Gable
John Reilly
Robert Meyer
Linn County
Harold Naig
Jones County
Richard Kueny
Benton County
Charles Cunming
Donna Paulsen
Doug Dean
James Paddock
John Bell
John Ehrhart
Eugene Dowie
Larry Pipkin
William Bennett
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Beatrice Foods
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Hormsentoe Wis
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Rockwell
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Chicago
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goleCorp
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Waterloo Hogs
Webster City Livestock
Omaha Livestock
Omaha
Neb
Stickney
Marion
Liebke & Hoyt Jewelers
Henry Luetjens
Twenty-fourth Avenue SE
1St Ave
Rockford Rd
CURE
Citizens United For Responsible Energy
Peoples Church
Sixth Street
Pompano Beach
L.L. Dolson
Ronald S. Hoyle
Douglas King
Mt. Vernon Read SE
Saint George's Orthodox Church
12Th Ave
St. SE
Johnny’s Parkway
Ellis and
Five
Robert Klima
Patricia Jane
Jefferson High School
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Adv. Ee
Montrose
Barbara L. McGee
Old
Marion Road
Desi Arnaz
Edgewood Branch Library
Shampoa
Royal Marines
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Dorothy’s Tours
Advick
Alcoholics, Anonymous
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First Avenue NE
Temple Judah
Trickey’s
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Seefeld
Austria
Civil Defense
Hiawatha
Breakin
Edward Buggs
Fifth Avenue SE
Pierson’s Florists
Avenue Floral
Nelson's Grocery
14Th Ave
Lamson Brothers
Sen
Minnette Doderer
Iowa City
Alcohol Board
Coralville
Stifel, Nicolaus SN & Company Incorporated
IBD Mumsers
Stifel, Nicolaus
Bk cowbaNy
Rcrrcratis
Stifel, Nicolaus & Co, Inc
South Dubuque
Abe Artending