Stocks Edge Higher as Inflation Signals Creep Up
New York AP reports a modest market advance after a choppy morning. The Dow rose 1.17 to 837.61 as gainers led decliners seven to five on the NYSE. gains included Houston Lighting & Power and Polaroid. The NYSE composite index edged up to 47.23 and the AMEX index to 86.34 as April wholesale prices rose 1.5 percent signaling ongoing inflation in the White House briefing.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
White House
Houston Lighting & Power
RCA
NLT Corp
Singer
Revere Corp
Digital Equipment
Burroughs
Bausch & Lomb
Polaroid
NYSE
American Exchange
Greynawa
Lock Exchange
New York Stock Kent
PF Exchange
Nick
AlconAly
Brati AllegCo
Ek Corp
Luna AllisChal
Alcoo
KolstAll
Kraveco
Kresger
Roger
Leors
AmpexCorp
LevitzFurn
Apeco Corpo
Armco
Asarco
Anrich
Atios Corp
Loking
Macenit
Bobck
Zia
Bolge Ye
Bousene
Marcorae
Lee
Boeing
MGM
Mohasco
PepsiCo
Pfizer
PhilMorr
PhiliPet
Beeston
Ralston
Chicago
Lamson Brothers
Wheat Gains as Corn and Beans in Mixed Trade
Chicago and Des Moines markets show wheat futures up nearly three cents while corn and soybeans drift in mixed, uneven zones. Cash grain quotes hold variability across No 2 hard and soft red wheat, with livestock bids largely steady to lower alongside variable beef and pork trade nationally.
MENTIONED IN THIS ARTICLE
Chicago
Des Moines
UPI
Cedar Rapids Market Slips as Hog Prices Dip and Weights Swing
Cedar Rapids hog market thursday eased with carcass prices for 200 to 230 pound butchers at 44.00 to 45.00, sows at 39.50 to 40.00, and over 230pounds discounted per 10 pounds toward 300 pounds. Packers and weight grades decline further beyond 300 pounds. Cattle values show yield discounts for high grades while overfat steers and cows incur smaller losses. Lamb markets show choice to prime shorn lambs around 48.00. Corn and soybeans steady near 2.70 and 4.98 respectively. Frozen pork belly quotes recorded. Feeder cattle and nearby futures noted with August options.
MENTIONED IN THIS ARTICLE
DES Moines
USDA
Iowa
Minnesota
U.S
Omaha (Ap
Chicago
Joliet
Cedar Rapids
Two Jailed In Fracas at Gas Station
Police arrested Robin Lee Chase 25 and Armand Fuller 23 after a fight at Jerry's service station. Attendant Charles Serbousek reported the conflict near Mt Vernon road SE. Chase faced assault and resisting an officer charges, Fuller assault. both held on bonds. A third man struck Serbousek with a shovel and fled.
MENTIONED IN THIS ARTICLE
Robin Lee Chase
Sixth Avenue SE
Armand Fuller
Fourteenth Avenue SE
Charles Serbousek
Bever Avenue
Jerry's Service Station
Mt. Vernon Road
Man Charged With False Use Of Credit Card
Ear L Decker 21 of 1203 Ninth Street NW was arrested Wednesday and charged with false uttering of a credit card and receiving stolen property. Police said he tried to buy 76 dollars worth of shoes at Country Cobbler Lindale Plaza using a stolen card taken from Terry L Moore whose car was broken into on Center Point Road NE. Moore reported 400 dollars in items stolen. Decker held in county jail on 5500 dollar bond.
MENTIONED IN THIS ARTICLE
Ear L. Decker
Ninth Street
Decker
Lindale Plaza
Terry L. Moore
South Avenue
Bank Tavern
Center Point Road
Moore
ICLU Awards Honor AFSC and William Faches
The Iowa Civil Liberties Union named the American Friends Service Committee and former Linn County Attorney William Faches Civil Libertarian of the Year at the annual meeting. The announcement highlighted their work in civil liberties and public service within Iowa.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Iowa Civil Liberties Union
American Friends Service Committee
Linn County
William Faches
Westdale Condominium and Racquet Club plan in Cedar Rapids
Bjornsen Investment Corp proposes nearly 1,200 housing units on 71.6 acres south of the Westdale mall site at Edgewood Road and Thirty third Avenue SW. The plan requests rezoning to R-36 and includes two pools and multiple courts, with Wiley Boulevard SW bisecting the site. The project, previously for 960 apartments, aims to buffer the shopping center but faced planning commission pushback for a less imaginative layout.
MENTIONED IN THIS ARTICLE
Cedar Rapids
City Planning Department
Bjornsen Investment Corp
Westdale Mall
Edgewood Road
Thirty Third Avenue
Twenty-ninth Avenue
Westdale
Sion
Wiley Boulevard
Williams Boulevard
White Murder Case Tests Appearances At Trial
Testimony on February 12 1974 appearances focused on whether Johnny D White resembles a man seen near the victim’s truck. Relatives said White’s hair length was similar and he was clean shaven, denying glasses or a beard. Norma Bergen testified he was present when Van Steen is bought her furniture as she prepared to move to Arkansas to marry him. Cross examination noted Van Steen is paid from his shirt pocket, with only money found there.
MENTIONED IN THIS ARTICLE
Johnny D. White
White
Donald van Steenis
Cedar Rapids
Norma Bergen
van Steenis
Arkansas
Harding Student Wins City Junior High Chess Tourney
Harding junior high student Jerry Robinson of 1445 Richmond Road NE won the city junior high chess tournament Tuesday at Franklin junior high in a playoff with Mark Thiher of McKinley. Harding also captured the team title with Taft, Wilson, McKinley and Franklin following. Fifty students competed in the event now in its third year, with a team trophy for the winner and ribbons for top ten finishers.
MENTIONED IN THIS ARTICLE
Harding
Jerry Robinson
Richmond Road
Franklin Junior High
Mark Thiher
McKinley
Taft
Wilson
Franklin
Judge Grants Venue Change To Wedelstedt
Linn District Judge John Hyland granted a venue change for Edward J. Wedelstedt’s June 23 arson trial. Attorneys argued pretrial publicity from a prior deadlocked trial could bias jurors. the court may move proceedings to Tama County or another urban county outside the district to match Linn’s community standards on pornography. Wedelstedt is alleged to caused a fire Oct 4 at the former Salty Dog tavern to block competition from an adult theater.
MENTIONED IN THIS ARTICLE
Linn
John Hyland
Edward J. Wedelstedt
Cedar Rapids
Hyland
Tama County
Supreme Court
Wedelstedt
Robbers Hit Northwest C R Grocery Store
Two men robbed a clerk at the Clask U Save store on Ellis Boulevard Northwest about 10 p.m. one armed with a small black revolver. They fled on foot with an unspecified cash amount. police withheld the sum and a summary under a policy ordered by Chief Walace LaPeters to curb robberies as the city faced near daily incidents.
MENTIONED IN THIS ARTICLE
Clask U-Save
Ellis Boulevard
Wallace LaPeters
LaPeters’ Office
LaPeters
Trial Date Set In Crash Suit
A June 16 trial date in Cedar Rapids federal court is set for William F. Allen of Marion in a 650000 lawsuit against International Harvester Co. over burns from a 1971 highway 30 crash allegedly caused by a defective fuel tank in his truck. Allen says he suffered burns over 65 percent of his body when the tank ruptured and fuel ignited.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Marion
William F. Allen
F Avenue
International Harvester Co
Allen
Highway 30
One Arrest Leads to Another In C R Park
In Ellis Park early Thursday a man and a woman were arrested after a police officer found a cigarette believed to contain marijuana in a car. Robert David Davidson, 32, of 1101 Fifteenth Avenue SW, was charged with possession of a controlled substance. Patricia Ann Sojka, 27, of 1827 Higley Avenue SE, was charged with intoxication and resisting an officer after interfering with Davidson’s arrest. Davidson was released on 500 dollar bond. Sojka posted 250 dollar bond and was released.
MENTIONED IN THIS ARTICLE
Ellis Park
Robert David Davidson
Fifteenth Avenue SW
Patricia Ann Sojka
Higley Avenue SE
Davidson
Miss Sojka
Also Mentioned on This Page
Romina
Ifte
Comatee
Faches
Fund
Rein
Bondag
Banks of Iowa
Beatrice Foods
Conrac
Consolidated Foods
FMC
Guardsman
Hornischiger
Hawkeye Bancorp
Health Management
Towa Electric
Fowoll
Gosis
John Deere
Kidde
Keuffel & Esser Life Investors, Inc
Towa Ltv Corp
Macco
Moytog meCord Corp
Mid-America
Mid-Continent
Chicago Cash Grain
Washington
Idaho Falls
Oregon
Alabama
Reds
Webster City Livestock
Webster City
Federal
OWA Farm
Federal State Market News Service
Sioux City
Choice
Ili
Waterloo Hogs
Waterloo
Omaha Livestock
C.R. Markets
Lamson Brothers Close
Chase
Fuller
Serbousek
London
ICLU
C.R
C.R. Park
GAM, Kalman & Quail, Inc
IE Tower Free Coffee and Donuts
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