Dow slips from 1000 as profit taking shocks market
The week long Dow advance faltered on Friday with the industrial average dropping 15.67 to 987.64. Steel stocks led losses as volume declined on the NYSE to 26.02 million shares amid a shift to cash after a 150 point rise earlier in the year.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Dow
NYSE
Wall Street Journal
U.S. Steel
Bethlehem Steel
National Steel
Republic Steel
Armco
American Stock Exchange
Markets and Commodities Mixed With Grain And Stock News
Commodity and livestock report highlights mixed trends across markets. Corn and beans slip while soy futures dip. Chicago and Des Moines prices and futures show declines in grains and meats with cattle and pork trade varying amid receipts and demand cues.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Midwest
Canrot
NRA Eyes Move as Gun Crimes Push HQ Out Of Washington
The National Rifle Association considers moving its 185 year old headquarters from 1600 Rhode Island Ave NW amid gun crime against staff. NRA official cites cases including the 1974 shooting of Louis Sisler outside his in law's home and a staff artist shot in a robbery as examples. Hodges argues mandatory sentences, not gun control, will curb crime.
MENTIONED IN THIS ARTICLE
Washington
National Rifle Assn
Thomas Hodges
NRA
Rhode Island Ave
Colorado
Hodges
Indiana
Louis Sisler
Upper 16Th St
Sisier
Northwest Washington
Sisler
Man injured in Dubuque traffic crash transferred to Veterans Hospital
Lewis Hardin, 63, of Manchester, injured a week ago in a Dubuque traffic accident, has been transferred from a hospital in Dubuque to Veterans hospital in Jews City. He remains in critical condition. His wife Val, also injured, remains in critical condition at Mercy hospital in Dubuque.
MENTIONED IN THIS ARTICLE
Lewis Hardin
Manchester
Dubuque
Veterans Hospital
Jews City
Val
Mercy Hospital
Answers on sinking funds and stock gains in investor Q&A
A row of reader questions covers sinking fund clauses in corporate bonds and their impact on investors, stock dividends versus price gains, and personal savings plans. An expert notes sinking funds usually affect small bond percentages and warns against misreading par redemption, while stock profits are often market gains plus dividends, with dividends treated as income. A 22 year old seeks guidance on starting investing with $4,000, with advice to begin through monthly or quarterly plans via broker or mutual fund. Readers discuss retirement act access limitations for 70-year-olds and related tax issues.
Writer to Answer by Column in The Gazette Style
Mr Shuisky offers to answer questions only through his column. For corporate and tax bonds information include a self addressed stamped envelope. Address requests to Sary Shuisky care The Gazette.
South Tama Band Plans Readiness for Regional Shows
The South Tama school board approved travel for band instructor David John to take the high school marching band to Cincinnati for Sound Power 76, a Shrine event, plus trips to Kokomo Indiana for a June 20 field show, Webster City on June 13, Tama on June 14, Bloomfield June 16, Oskaloosa June 17, and a state fair engagement. The Blue Star Color Guard will contest the Elmhurst novice championship on April 10 11, with nineteen girls competing.
MENTIONED IN THIS ARTICLE
TAMA
South Tama
David John
Cincinnati
Sound Power
Shrine
Denefit
Kokomo
Ind
Webster City
Bloomfield
Oskaloosa
Elmhurst
Tama Blue Star
Family Service Unit Offers Parent Courses
The Family Service Agency at 400 Third Avenue SE offers a new eight week series of parent education courses starting the week of March 15. Courses cover parenting of adolescents and young children as well as single parents with weekly meetings and sliding scale fees.
MENTIONED IN THIS ARTICLE
Family Service Agency
Third Avenue SE
Shirley Stewart
Family Service
Eleventh Street
Marion
Board Cuts Road Fund and Adopts County Budget
INDEPENDENCE The Buchanan county board of supervisors reduced the 1976 77 tax askings by 166 300, cutting the secondary roads allocation before approving a revised budget of 3 392 563. The hearing drew about 24 attendees as directors discussed a 1 620 900 secondary roads proposal, lowering the projected tax lift to 619 000 or 53 percent. The revised total 1976 77 tax askings stood at 1 607 915, with a proposed 3 10 per 1 000 property tax for cities and 6 42 for townships. The board also approved the Buffalo Creek road paving contract totaling 448 039, awarded to Fred Carlson Co. Inc. Decorah, the apparent low bidder for 6 395 miles of work to be completed this summer.
MENTIONED IN THIS ARTICLE
Te Tadly
Rengil
Reiss Honeikens
Isn Zoeata
Reviond
Hecom
Kevin
Hercules
Hsibey
Ryder Sysaa
Homesti
Honywil
Strouln
Houshf
Siregp
Sondre Asso
New York
iCinds
Nak
Idonop
Idealbasic
Implcoa
Zita Abbi Layan
Sears Aea
Tve
Koisral
WIZ Sroiind
Weas KonGel
Ey Brin
Konblt
Katy
Kellogg
Stevens
AmHonn
Stunor
Kimber
le Knigfeld
Koopers Iad
AIRE
I Krotieo
Ing
Krespes
Ampon Gore
Kroger Ile Androsd
Bnehrey Sa
Lersing
Lehrer
Sam Ste
Adipqlt Lgb
AlrPre
UIT Birenine
EllisChal
Amc
E Tertronx
A Telek Co
Lebron Fe
Asorco
Asdorg
Lrolsk
Todd Shinvd
Bobckwily Gs
LTV Corp Tranaam
BealFdis
Lukendt
Bn Blevy Macmill
Macy
Bentico
MAPCO
Onocgi
Benguet
Upacco
Meda
Rize Arin Sa Marcor
Uniroyal
Uni Brands
MartMar
BolsoCas
Blake Borden
Brashiy
United
Bunk Bama
Morsay
Boye MarNor
Motorola
Tase Neos
WillmsCos
Gt Veteo
VoePwnid
Worners
John WosWat
WaAltt
Burrong
Cenforce Indaette Kaleign
Ene
Lsd
Corwin Ao
Castich
Cortaeda
Cessruair
Drosera
Winnebogo
NatTeo
Lee ZenthRod
Associated Press
Nowstall
NwiBac
Clarke Latze Ciwell
EniGas
Canfas
Foingatte
Farair
PRN
Okioge
Ceres
PacPw
Tarchinst Gate
Panam Air Datey
Fepar
Pepsico
Pfizer
Phampaan Nass
1Stalsiz
PhilMore Vague Sin Son
PruiPet
Mh Pitrey
Steve
Pasastee
de Beye
Ben Qs Sa
Srp
Ibn Lee
Independence
Buchanan County Board of Supervisors
Supervisors Board Room
Ralph Kremer
Buffalo Creek
Winthrop
Department of Transportation
Fred Carlson Co. Inc
Decorah
Bond Issue Election Set By South Tama District
The board of education votes unanimously to authorize a special election on April 20 for a 397000 bond to fund a senior high school addition in Tama for shop industry and vocational agriculture classes. Polls will operate noon to 9 pm at five precincts: Montour county building Tama city hall Toledo Community building Vining fire station and Chelsea fire station.
MENTIONED IN THIS ARTICLE
Tama
South Tama
Montour County
Tama City Hall
Toledo Community Building
Vining
Chelsea
Two Arrested on Drunk Driving Counts
Linn deputies arrested two persons on drunk driving charges Thursday night. Lawrence M. Gavin, 34, of 3241 Soutter Avenue SE, was stopped on Sixth Street SW at Thirty-third Avenue after erratic driving. Thomas M. Weldon, 41, of Fremont, Nebraska, was picked up on Sixth Street SW at Wacon IA Avenue after a left turn in front of a patrol car early Friday.
MENTIONED IN THIS ARTICLE
Linn
Lawrence M. Gavin
Soutter Avenue
Sixth Street
Thirty-third Avenue
Thomas M. Weldon
Fremont
Neb
Waconia Avenue
Regents Name Starck as UI School Head
The Iowa state board of regents named Kenneth Starck director of the University of Iowa school of journalism, replacing Gordon Sabine who resigned. Starck joined UI faculty in 1974 and had been acting head. The board also appointed Richard Lloyd-Jones chair of the English department at Iowa. Additionally, athletic playing field space on the Iowa City campus will expand from 10 to 17 flag football fields and from four to seven softball diamonds.
MENTIONED IN THIS ARTICLE
DES Moines
State Board of Regents
Kenneth Starck
University of Iowa School of Journalism
Starck
Gordon Sabine
Richard Lloyd-Jones
University of Towa
Jones
Towa
Iowa City
Finkbine Upper Nine
Judge Approves May Date For Murder Trial
Judge Joseph Keefe of Buchanan County District Court on Friday granted a defense motion to push Gary Frazier's murder trial to May 3 from March 22. Frazier is charged in the December death of 16 year old Sheila Lynne Foley of Hazleton. He will be evaluated at Oakdale Medical Security facility Monday morning after a defense request to reduce his $100,000 bond was denied.
MENTIONED IN THIS ARTICLE
Independence
Joseph Keefe
Buchanan County
Gary Frazier
Frazier
Sheila Lynne Foley
Hazleton
Oakdale
Keefe
Bombers Hit Cologne In 1942 On This Date
On this date in 1942 British bombers pounded the German city of Cologne in a large air raid. The operation demonstrated Allied air power and strategic bombing efforts during World War II.
MENTIONED IN THIS ARTICLE
Cologne
Two Take Out Papers for Fayette Auditor
Fayette county in WEST UNION sees Janice Pape and Larry Popenhagen file for auditor nomination. Pape, in office since March, seeks Republican nomination after filling a board vacancy. previously deputy auditor four years and full time 13 years in the office. Popenhagen, from Wadena, runs for Democratic nod. a 1974 Upper Iowa College graduate who taught junior high at Titonka Consolidated in 1974-75.
MENTIONED IN THIS ARTICLE
West Union
Janice Pape
Larry Popenhagen
Fayette County
Pape
Popenhagen
Wadena
Upper Town College
Junor
Titonka
Rally School and Rally Slated Across Iowa Weekend
The Iowa region of the sports car club of America will hold a rally school Saturday at 7 30 p m at the Farm Bureau building Marion and a time speed distance rally Sunday starting 1 p m at Quinn s service station Coralville ending at the Cove restaurant Moscow Registration opens at noon and details are available at 393 2532
MENTIONED IN THIS ARTICLE
Iowa
Sports Car Club of America Rally
Farm Bureau
Marion
Quinn's
Coralville
Cove
Moscow
Also Mentioned on This Page
Guotes
Bram Lamson Broters
Fis
Fun
Lowe
Beatrice Foods
We Conroe
Gonsali Foi
A Vain
Harrisenioer
Hawkeye Borier
Interstate Power ii
Fower
Elec Tele
Svisseersten
Menea Towortl, Ges
I Savveye
WBA
Daha Deere
We Yudde Comm
Keulel & Esse Lite Investors, Inc
Mance
Mayton
McCord. Coro
Mid-America
Hid Gontined Inc
Mirach
Paxall, Inc
Suguty Sasven
Cage
Chicago
Usda Duk
Chicago Board of Trade
Mgeem Crrenerne i
Lyndon
Lamson Brothers
Lurrsort Brothers
Meccantile
Robert Pearle
Washington Star
Hardin
By Sam Shulaky
Family Service Unit
Regents
Ui-School
Fayette
Rally
Hupp Electric Motors