Strong Stock Gain Lifts Market on Fed Move Hints
The New York stock market posted a robust advance Tuesday with the Dow 30 up 7.24 to 982.60 as gainers led losers by over two to one. Investors viewed Fed actions in money markets as signaling tighter policy within modest limits. United Brands traded actively at 95 не, with a 159,100 share block at 9 14. The NYSE composite rose to 53.75 and the American stock index to 103.70.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
New York Stock Exchange
Fed
United Brands
NYSE
American Stock Exchange
Dow Jones Market Snapshot From New York Stock Exchange
A dense OCR style excerpt lists numerous stocks with last prices, highs and lows, showing shifts in value across many companies and sectors. The data highlights notable movers and names across industries including Deere, Texaco, General Electric, CocaCola, IBM, Dow components, and financials with varied percent changes.
Services Are Friday For Adolph Nezerka
Adolph Nezerka of Ely aged 92 died Monday in a Cedar Rapids hospital after a long illness. Born September 20 1883 in Cedar Rapids he farmed near Ely most of his life. He married Stella Nemecek November 26 1907. He belonged to First Presbyterian church near Ely helped erect Rogers Grove church and served as custodian for many years. Surviving are daughter Lumir Biderman Ely sister Bessie Rejsa Cedar Rapids six grandchildren and eight great grandchildren. Services Friday at 1 30 pm Brushs Cedar Rapids with calling after noon Thursday Burial Rogers Grove cemetery.
MENTIONED IN THIS ARTICLE
Ely
Adolph Nezerka
Cedar Rapids
Stella Nemecek
First Presbyterian Church
Rogers Grove
Lumir Biderman
Bessie Rejsa
Brush’s
Rogers Grove Cemetery
Drunk Driving Charge for Ronald Utley in Palo
Ronald D Utley 28 of Palo charged with drunk driving after a Jones County deputy stopped him for erratic driving on Highway 30 two miles west of Cedar Rapids. On this date in 1966 the US acknowledged a missing hydrogen bomb from a B 52 over Spain a second had leaked radioactive material and a third bomb was found intact.
MENTIONED IN THIS ARTICLE
Ronald D. Utley
Palo
Jones County
Cedar Rapids
U.S
Spain
Cedar Rapids hog and cattle market prices and changes
The Cedar Rapids hog market Tuesday rose with country and plant delivered butchers 200-230 lbs at 46.00 to 46.50, sows 300 lbs steady at 41.00-41.50, and heavier weight ranges discounted up to 1.00 per 10 lbs. Cattle quotes show varied ranges for steers and heifers across grades, with yields and discounts noted. The Cedar Rapids sheep market lists lamb prices 90-105 lbs at 48.00-50.00 for prime lambs and 43.00-47.00 for wool lambs. Waterloo prices show 200-230 lbs butchers at 45.75-46.50 and 300 lb No 2 sows at 40.50-41.25.
MENTIONED IN THIS ARTICLE
Lamson Brothers
Ins. Fund
Rein
Wort Bono
I. Ecssce
Banks of
Lowa
Beatrice Foods
Conroc
Consolidated Foods
Hornischiger
Hawkeye Bancorp A
Health Management
Interstate Power Erste
Iowa Electric
Jowa Tli, Gas
Isnaben JO Oe Jonn Deere
Cess
Kidde
Keuftel & Esser Seve
Life Investors, Inc
NEW York (Ap
Mapco
New York Stock Exchange
McCord
Mid-America
Mid-Continent
Inc
Ozark
Paxall, Inc
Rath
United Fire & Casualty
Downs United Guaranty
Sen Univar
Victor Carp
Cordura Cp
Grolier Tac
Winnebago
CNA Lorno
Warner Co
ISL
NES
New York
Sonres
Stock Exchange
SterDrug
iBia
Jovan
Arizona
AlcanAlu
KoisrAl
AligLud
Tektronx
OW Kim
Telex Cp
Brattcoiz
Airlin
Kresger
Texaco
Krgger
Texson
Corcon
Learsieg
Texinstl
Tae cAmmoep
Levigkurn
Am Motors
EOE
TimeMir
Pangig
le Siam Na
Timlin
Todd Shipyd
Iy Libgni
Ty Ame Inc
AMA Inc
Mda
Ampex Corp
Sis Fist
Ida Lotet
Ohn Ghiga Ig
LTV Corp
Asarco
Ashion
Asdorg
Morato
Marcor
Bouscht
Utahing la
Medond
Wioelia Varian
de Bendix
Merck
BoiseCas
Et & Borden
BristMy
Monson
BritPerie
Paonen
Brunswk
BucvEr
Rata Cs Buddco
Mocnor
Bulova
Piettig Whittaker
Noraier
Sheen
Worwihind
XeroxCo
WSS
Zenith
Assoc Press
CartWall
Castick
Celanse
NewPw
Celanse J
Bety Bos
CessnaAir
NCI Chase
Ileaay
Norton
Clarke
NorSim
Civemn
CocaCol
ColgPol
RISC
Comsat
Dee
Orton
Ab Crovl
Penn Cent
Crown Cork
Benney
CurtisWr
Pfizer
Deere
Pitnevb
Disney
duPont
Eaton
Sle
Bae
EvansProd Vili
Revion
FeddersCo
Stregp
Asa Ford
Feng
Gannett
Bey Es Werte & Snelion
Singer
Smitha
Genesco Inc
Lee Ieee Sunt
Cedar Rapids
Waterloo
Iowa Hogs and Markets Mixed Across Regions
Livestock trade Tuesday showed slow demand with stronger butchers. No 1-3 hogs 200-230 lb near 46.00-47.00, larger 230-250 lb 45.50-47.00, 270-300 lb 40.50-44.50. sows steady to firm. Cattle and hog receipts varied by market, with Hogs around 48.00 in several regions and cattle mostly steady to lower in some terminals. AP and UPI reports from Des Moines Chicago Joliet Sioux City Webster City and Omaha markets indicate mixed demand and price movements across multiple weight classes.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Sioux City
USDA
U.S
Webster City
Gentral Town
Omaha
Neb
Discrimination Included in Abortion Bill Haesemeyer Says
Des Moines AP The Iowa senate faces a conscience clause measure that could allow discrimination against medical personnel who refuse abortion procedures. Solicitor General Richard Haesemeyer argues the bill avoids new rights and would permit hospitals to reassign nonparticipating staff, while not forcing consent to treat nonemergency abortion cases.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Senate
Richard Haesemeyer
Haesemeyer
Sen
Minnette Doderer
Lown City
Solicitor General
U.S. Supreme Court
Federal District Court
Cedar Rapids News Briefs Highlights Local Events
Cedar Rapids community notices include a Thursday 7 p.m. Cedar Rapids Radio Club meeting in the civil defense training room, and Cure group gathering at Peoples Church on Wednesday at 7 p.m. Local ads note dining specials at Stickney's Scoreboard and Stadium Restaurant, tool theft reports at 2535 Twenty-fourth Avenue SE and a car radio theft at Jefferson High School, with value estimates and contact details.
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 liable for damages from negligently misinterpreting court decisions in a libel suit by Mary Alice Firestone against Time. Five justices sent the $100,000 judgment back to Florida to probe negligence. The decision narrows press protection since 1964 but does not make Firestone a public figure. The court upheld limits on public figure doctrine and addressed related civil rights and back pay cases.
MENTIONED IN THIS ARTICLE
Washington
UPI
Supreme Court
Mary Alice Firestone
Time Magazine
Florida
Time
Court of Claims
Abolition of Employment Unit Debated in Iowa Senate
The Iowa senate debated a bill to abolish the Iowa employment security commission and create a department level agency led by a director appointed by the governor. It would set up a three member appeals board with public employer and employee representatives and a nine member advisory council to assist the director on security matters.
MENTIONED IN THIS ARTICLE
DES Moines
UPI
Iowa Senate
Iowa Employment Security Commission
Department of Employment Security
Speed Limit Changes To Be Placed on File
Proposed speed limit changes affect 15 Cedar Rapids streets with limits raised from 25 to 30 mph at several segments including Nineteenth street SE First avenue to Mt. Vernon road A avenue NE Third to Twelfth street Thirteenth street SE First to Third avenue and others Affects J street SW Williams boulevard Edgewood road and related sections City council action planned and changes scheduled for the following week
MENTIONED IN THIS ARTICLE
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 and Drug Abuse board
Beverly Timmer of 4436 Rushmore Drive NE was re cently elected president of the executive board of the Citizens Committee on Alcohol and Drug Abuse. She has served on the board one year. Wayne Mead Jim Davidson Jim Barvinek and others were elected to key posts on various committees with terms from one to three years for advisory members in Linn county and surrounding areas.
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 Cunning
Donna Paulsen
Doug Dean
James Paddock
John Bell
John Ehrhart
Eugene Dowie
Larry Pipkin
William Bennett
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The
Shetetere
Chicago
C.R. Markets
Waterloo Hogs
Iowa
Hogs
Chicago Cash Grain
Joliet Livestock
Sioux City Livestock
U.S. West North Central States
Federal State Market News Service
Webster City Livestock
Omaha Livestock
Stickney
Marion
Liebke & Hoyt Jewelers
Henry Luetjens
Twenty-fourth Avenue SE
Adv
1St Ave
Rockford Rd
CURE
Citizens United For Responsible Energy
Peoples Church
Sixth Street
Third Avenue SE
Ocean
Pompano Beach
L.L. Dolson
Ronald S. Hoyle
Douglas King
Saint George’s Orthodox Church
12Th Ave
10Th St
Johnny’s
Robert Klima
Patricia Jane NW
Jefferson High School
Montrose
Adv. Ie
Oddfellow
Sokal Hall
W.ra
Barbara L. McGee
Old
Marion Road
Desi Arnaz
Edgewood Branch Library
Royal Marines
Black Watch
Dorothy
Alcoholics Anonymous
Alanon
First Trust and Savings Bank
First Avenue NE
Temple Judah
Trickey
Seefeld
Austria
Hiawatha
Breakin
Edward Buggs
Fifth Avenue SE
Pierson’s Florists
Avenue Floral
Nelson’s Grocery and Meats
14Th Ave
Alcohol Board
Coralville
Iowa City
Stifel, Nicolaus
Stifel
Nicolaus Sri
Per
Stifel, Nicolaus & Co, Inc
South Dubuque