Financial and Market News Shares Turn to Loss
In light trading the New York market turned downward after earlier modest gains as declines edged ahead of advances. Investors reacted to Fed Chief Arthur Burns remarks on expanding money supply, dampening optimism about looser credit. Some sectors rose while aircrafts and tobaccos fell, with several companies earning abroad staying strong.
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New York
New York Exchange
Federal Reserve
Arthur Burns
Burns
Cedar Rapids hog market prices slip on Thursday
Cedar Rapids hog market prices on Thursday were 25 to 50 cents lower. Wednesday bulk deliv ered butchers 200 to 230 pounds brought 25.50 to 26.00, packer shote 23.25 to 23.75, with various weight and grade adjustments. Feeding data includes lambs and wool prices, hog and cattle terms, and grain quotes such as No. 2 yellow corn at 1.09 and soybeans at 2.40.
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Phil Pet
NEW York Seinert
Jobal Marin
Rovc Cola Fr Co
Roya
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Mercantile Exchange
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Studen
Mises
John Man
lonLogan Eledyn
Tenneco
Airransmr
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Ieee
Lear
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Lukens Sti
Vw _Macke Co
Lyke Yng ‘Ite
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Avnet
Avon
Macy
Maratha
Vaeipw
Marcorta
WarLam
Ye Mead Corp
Casey
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Ra ‘Wii
Bulova
Mor
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le Buri North Buri Ind
Seers
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LF17
Sommvareiet
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ameRt
Nelanese Co
Enco
NatLead
Nat Steel
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Norton
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Lin Corp
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le Seons
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1 &T
Panasul
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Crovus Ind
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PepsiCo
DarRivr
Phelpsd
Phila el
Philip *Hilm
Denie
Chicago
Lamson Brothers aSham
Iversing
UkcPo
RYE— Res
Cedar Rapids
Estes
Hogs Off 50 To 75 Cents Friday Estimates
Chicago AP USDA estimates for Friday show cattle 200 head and calves none. Hog markdowns ranged 50 to 75 cents with 1 2 sorted hogs at 27.00 to 27.35 for 200 225 lb. other weights 26.00 to 26.75. 24.25 to 25.00 for heaviest. sows 23.00 to 24.00. bulls 26.50 to 28.75. Sheep 200 head, few good lambs 25.00 to 27.50.
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Chicago
USDA
Des Moines Market Report Shows Mixed Hog Prices Decline
UPI reports slow trade with demand fair while butchers hold steady to 50 cents lower. Lows mostly steady with some 25 cent dips. receipts estimated Thursday 70,000 versus 71,000 last week. Prices range for U S 1 3 hogs by weight from 24 to 26 dollars depending on size and class.
MENTIONED IN THIS ARTICLE
DES Moines
UPI
U.S
Omaha Livestock Prices From Omaha Auction Report
UPI reports cattle and calves sold in Omaha with steers and heifers steady to strong and feeders consigned for Friday auction. Prices cited include 1,300 lb prime and choice at 30.50 to 31.50, 950 to 1,000 lb heifers at 31.40, and cows utilities at 22.50 to 24.50 with canner and cutter notes.
MENTIONED IN THIS ARTICLE
OUX City Livestock
Sioux City
UPI
Omaha Livestock Omaha
Market Slump Hits City Revenue in 1969 Half-Year
New York City Finance Administrator Fioravante Perrotta reported a $14.8 million loss in the last six months of 1969 due to a stock market slump. He noted stock sale revenues fell from $140.9 million in late 1968 to $126.1 million in the same period last year.
MENTIONED IN THIS ARTICLE
New York
UPI
Fioravante Perrotta
Perrotta
Stock Exchange
Pessimism on Vietnamization voiced by Rep McCloskey
Rep. McCloskey, a former Marine, told the Senate Foreign Relations Committee that Vietnamization will not work in northern South Vietnam and offers limited promise in the south. He warned pacification in the north cannot succeed and that southern gains depend on continued U.S. or capable South Vietnamese forces facing determined assaults.
MENTIONED IN THIS ARTICLE
Washington
Vietnam
Senate Foreign Relations Committee
Trend in Grain Prices Downward
CHICAGO AP heavy liquidation in the expiring March options sent most commodity futures prices downward. Wheat closed slightly lower, May down 1.44 percent, corn mixed, soybeans down 2.59 percent, rye and oats mixed. May prices show declines across several grains as traders unwind positions?
MENTIONED IN THIS ARTICLE
Chicago
Chicago cash grains report clears market bids
Chicago cash grain prices list wheat No 2 hard yellow at 1.48 per bushel soft red at 1.44, corn No 2 yellow 1.24, extra heavy white 60 4n, beans No 1 yellow 2.57, soybean oil 12.04 per unit.
MENTIONED IN THIS ARTICLE
Chicago Cash Grain
Chicago
Chicago produce prices hold steady in wholesale market
Butter prices steady with little change across grades. Eggs wholesale prices show slight gains for whites and mediums, with standards and checks following. Potatoes show total shipments 462, demand moderate, russets in moderate demand, round red market dull but steady. track sales set for Red River Valley round red at 3.90 and natural color at 3.75. Minnesota-North Dakota sellers report no new sales.
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Chicago
Minnesota-North Dakota
Red River Valley
New York wholesale dairy quotes mixed across sizes
New York AP report lists wholesale offerings for gums and dairy with varied demand. Large gums barely adequate while whites and fancy grades show mixed price ranges. Butter offerings are moderate to ample with irregular demand and prices unchanged.
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NEW York
USDA
House Bans Cigaret Ads on TV and Radio
Washington AP The House approved by voice vote a bill to ban cigarette advertising on radio and television starting January 2 and to require stronger health warnings on cigarette packs. A seven month grace period for new labels was set pending Senate approval before sending the bill to the President.
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Washington
House
Senate
My Lai Trial Date Set For June at Fort Hood
Fort Hood Texas AP says military authorities set June 15 as the tentative date for Sgt Mitchells court martial over charges tied to the My Lai massacre.
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Fort Hood, Texas
Mitchell
My Lai
Gilligan's Island Special Sets Survival Ark at 6 PM
Gilligan themed program announced for Thursday at 6 00 PM on TV 9 in color. The segment frames a mock ark scenario highlighting survival themes with castaway humor and network promotion.
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Gilligan's Island
TV 9
House Democrats threaten revolt over seniority reforms
Washington AP report says 19 Democrats consider withholding votes for speaker if seniority changes are not adopted. They demand timely action before next Congress, threatening to aid Republicans if leadership delays. Signers include Rep Culver and Rep Lowenstein.
MENTIONED IN THIS ARTICLE
Washington
House
Rep
Lowenstein
N. Y
Democratic Party
Ozark Ends Iowa City Air Service April 25
Ozark Airlines will discontinue service to Iowa City on April 25, with the Civil Aeronautics Board approving the move over local commission objections. The airport panel notes the carrier aims to cut overhead by serving Iowa City from Cedar Rapids, while a third level feeder option to Chicago via a three daily flight may still occur.
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Ozark
Iowa City
Ozark Airlines
Elliott Full
Airport Commission
Full
Civil Aeronautics Board
Iowa City Commission
Cedar Rapids
Barnard Bajema
Chicago
March on Iowa Capitol by 400 demands more aid
More than 400 persons marched to the Iowa capitol in Des Moines in heavy snow to demand increased state aid for the elderly and handicapped. The protest was sponsored by the United Auto Workers and included many elderly Iowans arriving by eight buses.
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Des Moines
Iowa Capitol
United Auto Workers
Cub Scouts Pack 25 Award Recipients at Arthur School
Tuesday evening at Arthur school Cub Scouts Pack 25 awarded members John Scherling Craig Phillips Ron Jackson Wally Weldon David Corell Ernest Decious David DeRoma Jay Grubbe Neil Nash Dean Decious David Hill Jim Woodward Greg Glessner Ken Morrow and Mike Stiles.
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Arthur School
John Scherling
Craig Phillips
Ron Jackson
Wally Weldon
David Corell
Ernest Decious
David DeRoma
Jay Grubbe
Neil Nash
Dean Decious
David Hill
Jim Woodward
Greg Glessner
Ken Morrow
Mike Stiles
Red RosesBill Advances 3 Mill Tax Ceiling for Counties
Iowa House adopts a 3 mill ceiling on county school property tax levies to fund costs including handicapped services, exempting those already above 3 mills for two years. An accompanying amendment limits administrative expenses to 10 percent of tax funds. The bill, nicknamed red roses, faced delay after a luncheon compromise and a bouquet gift to Rep. Lipsky sparked debate.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Joan Lipsky
Cedar Rapids
Linn County Assn
Charles Grassley
New Hartford
Rep. Lipsky
Boys State Basketball Telecast of East Waterloo Storm Lake
The East Waterloo and Storm Lake boys basketball game will be televised in color on KCRG TV 9 at 8 45 p m Thursday night.
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Storm Lake
Kcrg-Tv
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