Mixed Gold and Stock Movements In Early Trading
In New York on Tuesday bullion and silver fluctuated amid uncertain trading. The Dow Jones average rose modestly with IBM up 4 at 443 and Xerox slipping to 161, while Kresge edged higher at 43.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 13, 1973
Page
14
In New York on Tuesday bullion and silver fluctuated amid uncertain trading. The Dow Jones average rose modestly with IBM up 4 at 443 and Xerox slipping to 161, while Kresge edged higher at 43.
Linn-Mar and Cedar Rapids groups plan a Thursday 7:30 PM concert at the senior high gym with 163 students involved. Darrel Dicken directs both groups, featuring pieces by Ployhar Osterling Reynolds and others in a student program.
Cedar county supervisors plan a meeting with city mayors to review a $5 000 shortfall in the landfill operation funded by city contributions totalling 18 538 and county taxes 12 157. Transfers of 30 000 from landfill to secondary roads and 19 341 72 from emergency employment to the road fund partial reimbursements were approved. Also notes on landfill sites east of Wennett and near Mechanicsville.
Dial Financial Corp of Des Moines said Chase Manhattan Bank of New York is negotiating to acquire Dial. Dial would exchange stock for Chase shares with a premium to current Dial stock. The deal would need Federal Reserve Board approval.
Heavy liquidation hits commodity pits in Chicago with soybeans tumbling 19 cents per bushel and the March option down 33 cents. Wheat, corn, and oats also slide on opening pressure, ending near session lows as selling intensifies into the close.
Prices paid on the Cedar Rapids hog market Tuesday were up slightly as buyers posted bids and producers weighed futures. Early reports show Chicago and regional buyers active with steady demand and steady to higher bids for barrows and gilts.
Kirkwood Community College presents a travel-adventure series for 1972 73 concluding Friday with Our National Parks at 7 30 p m in the Jefferson High School auditorium. Dennis Collum Jr 22 of 1545 D Avenue NE was treated after a motorcycle car collision on Third Avenue Virginia Galleger charged with failure to yield. The show highlights parks including Isle Royale Acadia Great Smoky Mountains Everglades Virgin Islands Carlsbad Caverns Mesa Verde Yosemite and Yellowstone. Tickets 175 for adults 1 for students available at the door.
OELWEIN Iowa superintendent Art Sensor told the school board he is appealing his firing to the Fayette County board. Sensor says a team from the Iowa Association of School Administrators will investigate the board's decision not to renew his contract claiming the firing stemmed from attendance and spending issues and senior leadership changes.
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