Stocks Plunge and Rally After Nixon Speech
New York stocks swung wildly with the Dow tumbling early, then rising 10.39 points to 942.73 by 2:30 p.m. Advancers beat decliners 8-5 in slow trading on the NYSE. The Amex index stood at 23.49, while volumes highlighted Howard Johnson and International Telephone among others.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Nixon
New York, Stock Exchange
American Stock Exchange
New York Stock Exchange
Howard Johnson
International Telephone
Clorox, Co
Telprompter
Syntex
Cedar Rapids hog market trims prices and weights
Cedar Rapids and Des Moines markets report steady to down 25 cents in hog prices with lighter weights 200 to 230 pounds at 34.00 to 34.75, sows 31.00 to 31.50, and heavier butchers discounted per 10 pounds above 230. U.S. 1-3 ranges for 200-230 to 270-300 pounds run 34.00 to 33.25, with sow ranges 39.00 to 31.50 and large hogs 28.00 to 31.00. Weekly totals show 70,000 Thursday, 68,000 Wednesday.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Des Moines
UPI
Iowa
Minnesota
U.S
Omaha Livestock Prices Slump Across Classes at Market
UPI reports Omaha prices with hogs near steady to 25 cents lower and sows up to 25 cents higher. Cattle and calves show few loads steady while feeders and choice calves drift 25 to 50 lower, with medium quality buyers and utility cows around 27.50 to 39.00.
Centennial headquarters opens in Young Plumbing building
Oelwein Centennial organizers opened headquarters here Thursday in the Young Plumbing and Heating building. Tickets for events centennial booklets and curios may be purchased and information is available on the Oelwein Centennial June 21 to 24.
MENTIONED IN THIS ARTICLE
Oelwein
Young Plumbing and Heating
Hit and Run Horse Incident Hospitalizes Woman in Charlotte
Sadie Garrison was hospitalized in Charlotte after a hit and run accident. She reported being run down by a girl on a horse who fled the scene.
MENTIONED IN THIS ARTICLE
Sadie Garrison
Old Beans Up Limit Again in Chicago Market Rally
AP reports Chicago grain prices rally as old crop soybeans surge to new limits and new crop beans rise. Corn gains about six cents per bushel while wheat climbs over four cents. oats close irregularly. May contracts show soybeans at 7.73, wheat at 2.40, corn at 1.76, oats mixed.
MENTIONED IN THIS ARTICLE
Chicago
Chicago cash grain prices report
Chicago cash grain prices list shows No 2 soft red at 24 ani No 2 hard red at 2 Wien om No 2 yellow at 1.77 an No 2 extra heavy white 99 4n beans No 1 yellow 7.4%n with various figures and units.
MENTIONED IN THIS ARTICLE
Chicago
Wien
Market Report: Butchers and Sows Steady
Butchers were steady and sows were steady. Packing plant delivery noted. No 2 butchers weighing 200 to 230 pounds priced from 34.25 to 34.75. No 2 sows around 300 pounds priced from 30.75 to 31.25.
Postville Beef Market Prices for Prime and Utility Cattle
Market brief from Postville lists prime steers around 44 to 45, standard steers near 40, choice and utility cows in the low 30s, canner and commercial cows 30 to 35, and bulls 40 to 43. Amounts show several misspellings and OCR errors but clearly reflect bid ranges and categories for Thursday sales.
MENTIONED IN THIS ARTICLE
Postville
Ester City Iowa Cattle Prices From Thursday Sale
AP reports steady to strong cattle market as Iowa auction buyers bid on steers 43 to 44.75, heifers 40 to 43.5, cows 27 to 35.5, bulls 46 to 4100, butchers 25 to 35.5. Weight categories list under 800 head sold, with Friday advance estimate at 50 cattle and 800 hogs.
MENTIONED IN THIS ARTICLE
Ester City
Lowa Toe Yards
Thursde Atile
Ae Toles
Heiter
Stronn
Riday
Market notes from fair steers and meat trade mixed
Auction activity shows variable demand with lower bids on light steers and steady prices on heavier cuts. Reported weights range from 10 to 20 pounds with seedless items and hams listed, while midweight cattle command mixed prices across the market sections.
MENTIONED IN THIS ARTICLE
Des Moss
Lowe and
USDA
Hilton
Ib Prey
Toni
Livestock Prices Fall Narrowly at Soux City Auction
UPI report from Soux City notes hogs 6,500 head and butchers down 25 cents, sows steady. U.S. 190-250 lb butchers 34.75 to 35.25. 350-600 lb sows at 31.00 to 31.50. Cattle 1,500 head with slaughter hogs and heifers 25 to 50 cents lower. Choice slaughter steers 1,050-1,250 pounds 44.50, mixed good and choice 43.00. Slaughter heifers 900-1,075 pounds 42.50 to 43.50, mixed good and choice 42.00 to 42.50.
MENTIONED IN THIS ARTICLE
Omaha Livestock Omaha
UPI
U.S
Seers
Neue
Soux City Livestock
Sioux City
Chicago wholesale produce prices from USDA report
UPI notes unsettled prices for delivery to Chicago with grade A cartons. Extra large vegetables bring 46.9 to 47.49 cents per unit, large 47 to 49, and medium 44 to 46, as reported by USDA for wholesale selling prices.
MENTIONED IN THIS ARTICLE
Chicago
UPI
USDA
Egg market report shows irregular but adequate wholesale offers
New York wholesale egg market remains irregular yet adequate with demand fair. Whites Fancy eggs for 47 pounds minimum, Fancy medium 4 pounds average 42-44 cents, Fancy smalls 36 pounds average 14 to 37 cents. Butter supplies balanced with creamery products.
MENTIONED IN THIS ARTICLE
New York
USDA
Concern About Core Cooler Voiced at Hearing on CAEC
A crowded Cedar Rapids hearing on the Palo nuclear plant’s emergency core cooling system drew concerns from Floyd Sandford and John Laitner over reactor safety and licensing delays. Mayor Canney and others urged continued construction with safeguards, while critics questioned the regulatory process and environmental impacts.
MENTIONED IN THIS ARTICLE
Core Cooler
CAEC
Floyd Sandford
C Avenue NE
John Laitner
Iowa
Coe College
Sandford
Laitner
AEC
General Electric
Newton
The
Gazette
Cedar Rapids
Donald Canney
Canney
Iowa Electric
Palo
Jerry Hansen
Wendall Bradley
Route One
Independence
Directorate of Licensing
Cedar River
MorAmerica 10-Year Debentures Offer at 7 6 Percent
MorAmerica Financial Corporation issues registered ten year subordinated debentures of 1500000 dollars offered by The Morris Plan Securities Company Cedar Rapids Iowa. Interest paid semi annually on May 31 and November 30. Prospectus and annual report available on request.
MENTIONED IN THIS ARTICLE
MorAmerica Financial Corporation
Ilona
Morris Plan Securities Company
American Building
Cedar Rapids
Iowa
Berkeley Council Grants Leniency in Marijuana Rules
Berkeley California AP reports the city council directed the city manager to comply with the voter passed marijuana initiative. It lowers enforcement priority for possession use or cultivation and requires council approval before arrests. The measure passed 7 to 1 with Sweeney voting no, and protesters cheered in the chamber.
MENTIONED IN THIS ARTICLE
Berkeley
Calif
Wilmont Sweeney
Sweeney
Benner Resigns NDP Presidency
Daniel C. Benner resigns as director and president of Network Data Processing Corp. effective Wednesday. Robert H. Taylor, founder and chairman, will serve as acting president. Benner, a Chicago native, was appointed president in September 1971.
MENTIONED IN THIS ARTICLE
Daniel C. Benner
Lost Valley Road
Network Data Processing Corp
Third Street SE
Robert H. Taylor
Network Data
Benner
Chicago
Bill advances to full House on $2.85 billion supplemental
The House Appropriations Committee cleared a $2.85 billion supplemental bill for action next week. The package totals $307 million below Nixon’s request and would push total new funds for the year to about $175 billion. Major allocations include $899 million for pay, $614 million for public assistance grants, $370 million for flood relief, $226.5 million for higher education, and $87 million for retired military pay.
MENTIONED IN THIS ARTICLE
Washington
House Appropriations Committee
Nixon
Congress
Services Saturday for George Lutz in Marion
George W. Lutz 79 of 784 Seventh Street Marion died Wednesday after a short illness. A Marengo native, he lived in Marion 46 years and served in World War I. He worked 31 years with the state highway commission before retiring in 1958. Surviving wife Emma two daughters two brothers three sisters three grandchildren and one great grandchild. Memorial services 1 PM Saturday at St Pauls Lutheran Church Marion with Rev John D Huber Jr officiating. Burial Cedar Memorial Cemetery with Legion post 298 military rites. Friends may call at Cedar Memorial funeral home after 1 PM Friday and at the church after 10 AM Saturday. Donations to St Pauls Lutheran Church memorial fund suggested.
MENTIONED IN THIS ARTICLE
Marengo
Marion
Emma B. Willenbrook
U.S. Army
State Highway Commission
Lutz
St. Paul’s Lutheran Church of
Marion American Legion Post
Warren Read
Ed Higgins
Milford
Ohio
John Lutz
Tucson
Fred Lutz
John Ehrman
Carlos Myers
Anna Hanna
Fall
St. Paul's Lutheran Church of
John D. Huber, Jr
Cedar Memorial Cemetery
Legion Post 298
Cedar Memorial Funeral Home
St. Paul’s Lutheran Church
United Expands Chicago to Cedar Rapids Flight Route
United Air Lines adds a Chicago to Cedar Rapids service extending the New York to Chicago flight. The Cedar Rapids leg departs Chicago at 8 55 a m and arrives at 9 42 a m, completing the route.
MENTIONED IN THIS ARTICLE
United
C.r.-Chicago
United Air Lines
Chicago
Cedar Rapids
New York
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Iver, Jaitray & Nonyond
Ollins Radio
Dan Group
Erate Seni
United Fire & Casualty
Wilson
PoriGe
Pullman
Kksio
Genel
Ralston P
Oodrich
Cieness
Reynd
Hostut
Ferris
Dow Jones
Howie Housin
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AllyPw Ry Vet
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VAL, Inc
Amt&t
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Levitz Furn
Uniroyal
Air
ArenBan
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Varian Asse
Lykes Ynast
Et Inc
Williams Co
Whittaker
siMy
Chris Craft
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Ava
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Anstel
Seniemoer
Catyle
Centennial Headquarters
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Chicago Cash Grain
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Postville Beef
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Tober
Webster City Livestock
Pen Miah
Silver Market
Handy and Harman
Elizabeth Bowers
Martin
Linn
Bill Martin
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Linn County Conservation Board
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George W. Brown
Solon
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Iowa Citizens For Environmental Quality
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Maplewood Drive
Smith
George Tresnak
C Street
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Tresnak
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George Lutz
George W. Lutz
Seventh Street
Dial
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