Wall Street Mixed as Fed Discount Rate Cut Lifts Market
Trading on Monday showed modest moves with the Dow Jones average down 0.78 to 769.32 as gains from cheaper credit and easing inflation signaled by a Federal Reserve discount-rate cut supported some stocks. Ryder System climbed to 56.5 with blocks at 83.75, while housing and building materials advanced on hopes of a housing upturn. The NYSE composite rose to 44.59, and the American stock index gained 0.20 to 77.86.
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York
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Itoat Pelive Nyse
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American Stock Exchange
Cedar Rapids Market Prices Across Livestock and Grains
Readily scattered figures show Tuesday cattle hogs sheep and grain prices. The Cedar Rapids market lists weighed butcher hogs, sows, and cattle with price ranges by grade and weight, plus grain and futures notes from Chicago and New York exchanges.
State Auditor Finds 10 Percent of Iowa Government Cars Unneeded
DES MOINES AP State Auditor Maud Stitt reports that about 10 percent of Iowa state government cars appear unnecessary. An audit of the conservation commission shows 13 vehicles logged over 50 000 miles, 24 percent of nearly 248 000 miles, with cars used for commuting and office pool use. One car logged 12 500 miles with 26 percent for commuting. another had 42 percent of miles from home to office.
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Veishea Festival Planned At Iowa State University
ISU students plan Veishea for May 1 to 3 featuring Stars Over Veishea with Applause, a 45-member cast, at Stephenson Auditorium. The Taming of the Shrew by Iowa State Players will run at Fisher Theater. Veishea, billed as the nation’s largest student produced college festival, draws about 30,000 annually with parades open houses stage shows and a theme ISU on Review.
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Bedell Reappointed To Iowa Parole Board Despite Protest
Iowa senate confirmed dark Bedell of Spirit Lake to a second six year term on the state parole board by an 845 2 vote amid protest from Sen William Gluba. Gluba criticized the lack of women on the board and called the post a patronage job, while Sen Kevin Kelly defended the pay and hours worked. The remaining vote against Bedell came from Waris Heyhys.
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Jih
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Critiecretion
Hearing Date Set for McDaniel in Marijuana Delivery Case
A preliminary hearing for Muscatine Police Chief Wayne A. McDaniel on marijuana delivery charges is set for March 17. McDaniel was arraigned Monday in Muscatine County District Court and retained on a $1,000 bond on two counts. Melanie, 4, reportedly received appointed counsel. Mayor Rand Tinsen suspended Melanie pending review. Assistant Chief Jack Reels was named acting chief on Saturday.
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Cedar Rapids Airport Expands to 13 New Positions
Cedar Rapids commissioners approve a major reorganization nearly doubling staff at the airport. A new safety force will take over duties from police and fire, signaling projected annual savings of about 100000 dollars. Fifteen applicants, March 15 deadline, and details on chief security officer and safety officers are outlined. Labor representation talks and four new executive hangars were also discussed.
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McCord Says Nixon Approved Watergate Burglary
James McCord states he is convinced that Richard Nixon approved the Watergate burglary and that the former president’s pardon was part of a corrupt deal. The claim surfaces amid disclosures on the scandal.
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James McCord
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Notice of Probate and Will Hearings in Iowa District Court
Notices cover probate of wills and estates in multiple counties. Executors are named for Glenn Renzen and Chauncey Roy Skeels, with deadlines for claims within six months and requests for immediate payments. Public hearings, hearings on inventories, and creditor claims are scheduled by the Merchants National Bank and local courts.
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