Market drift as stocks ease after slim gains
Stocks weakened late Tuesday as the Dow Jones average eased from slight gains. Analysts said trading was indecisive after Monday's pattern, with oils, rails, airlines, utilities and electronics higher while steels fell and motors were flat. A Commerce Department report showed the balance of payments deficit improving in the first quarter but remaining high, adding to market uncertainty.
MENTIONED IN THIS ARTICLE
New York
Usal
New York Stock Exchange
Guy
George Wallace
Vietnam
Commerce Department
Council Delays Plumbing Bond Ordinance Amid Contractor Bid
Cedar Rapids contractors and their attorney pressed for bonding of all master plumbers to protect the public. The council kept its stance, delaying second reading to discuss code changes and uniform procedures with inspectors and contractors.
MENTIONED IN THIS ARTICLE
Donald Canney
Canney
He Council
Council
St Luke's Board Hears Financial Update At Cedar Rapids
City briefs note St Luke's Hospital in Cedar Rapids reports a midyear financial statement showing progress in operations. Directors heard that hospital charges average is 24.82 per day, with a trend toward improved efficiency and service delivery across departments. A biweekly story hour at Gloria Dei Lutheran and library events are also listed.
MENTIONED IN THIS ARTICLE
St. Luke's Board
St.s
Cedar Hilly
Gloria Dei Lutheran Church
Cherry Hill Road NW
U.S
St. Luke’s
Cedar Rapids
F. Ladky, Jr
Presiant
F. Sorbes Olberg
Courthouse County Awards Remodel Contract For Health Dept
Courthouse county supervisors awarded bids to remodel the county building center point road NE for use by the health department. Bids totaled 46 047 dollars after delays due to bid totals. air conditioning and some features excluded. The project aims for occupancy near end of the season with several items left out such as toilet facilities flooring and exterior paint.
MENTIONED IN THIS ARTICLE
Litto Supervisors
Center Point Road
County Health Department
John W
Butcher
D Avenue NW
Midway Drive
Rinderknecht
Construction Co
Bowker and Son Plumbing Co
Justice Electric Co
Floyd Emmons
Health Department
Review Units Extend Petition Deadline for Assessments
The petition deadline for boards of review on real and personal property assessments has been extended to next Monday. Notes include Dr W E Blair’s confirmation of his status as associate at a clinic in Marion and Cedar Rapids, and revenue director Adv. recounts May 22 extension. Legislative and hospital updates follow with census figures, beds, and equipment investments at St Luke's, plus a hospital foundation grant overview and a upcoming board dinner with Vernon Gossen as speaker.
MENTIONED IN THIS ARTICLE
Boards of Review
W. E. Blair
Ify
Forrest Hol- Nownee
Cedar Rapids
States Chiropractice
Dale
Piersall
Marion
Director of Revenue
Provinus
St. Luke's
Louis B. Blair
Heller
Field Foundation
Luke's School of Nursing
Vernon Gossen
Iowa
Blue Cross
Blue Shield
America
Prices Rise in Soybeans as Market Dims Pushes Up
AP report from Chicago notes heavy early buying pressure lifts soybeans and related grains. Wheat and corn show mixed moves with May futures around the 163% and 1 23% marks respectively. soybeans spike by as much as 1 higher, May 1.6%. Cash grain quotes list various grades and soybeans oil futures at 11 520.
MENTIONED IN THIS ARTICLE
Civago
Chicago
Wheal Mo
Gall Reg VaRan Coen Ho
Cedar Rapids Ranks Third in Vehicle Safety
Cedar Rapids, with no traffic fatalities through March, ranks third in the nation among 100000 to 200000 population cities. The National Safety Council released first quarter figures. Alexandria Virginia and Erie Pennsylvania also rank high for safety.
MENTIONED IN THIS ARTICLE
Cedar Rapids
National Safety Council
United States
Alexandria
Erle
Chicago Produce Prices and Market Highlights 1897
Market notes from Chicago and New York detail produce arrivals and prices. Items include Minnesota North Dakota Red River shipments, California inn whites, and various staples with wholesale to retailers. Demand remains steady with some price variance across materials and regions.
MENTIONED IN THIS ARTICLE
Chicago
Chicago LP
California
Balance of Payments Deficit Shows Marked Decrease
Washington AP reports the nations balance of payments deficit improved markedly in the first three months of the year according to the commerce department. Despite the improvement the deficit remained high at 3.5 billion by one yardstick and the administration says the deficit must move toward equilibrium to keep the dollar stable in foreign exchange markets.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Cedar Rapids police seize 124 bicycles for registration enforcement
Years ago Cedar Rapids traffic officers rounded up 124 bicycles to enforce the city bicycle registration ordinance. The action aimed to ensure compliance and streamline street regulation and safety enforcement.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Greenberg Furs and Lebanese Cabbage Rolls Sale
Forcestyling and cold storage offered at Greenberg Furs for over 55 years. HS 8523 Adv. Lebanese Cabbage Rolls selling at the 95 Islamic Center located at 2990 Isl Ave SW. Sale held Wed Adv.
MENTIONED IN THIS ARTICLE
Greenberg Furs
Islamic Center
Isl Ave
Ordinance Aims To Allow House Moving By Council
City council to consider a Wednesday ordinance authorizing selective moving of houses or bridges across the Cedar River in special cases. Current rules restrict movement to flatbed and lowboy trucks, with two houses stalled by traffic concerns. If approved, government agency displacement could allow moves by council resolution, referencing Interstate 380 impacts.
MENTIONED IN THIS ARTICLE
Cedar River
REG
Volved
Marion
Jim Dickens
Coplalton
Council
Trwa Highway Commission
Becomes 11 From Poisonous Mushroom
Earl Wilson 39 of HIB Twenty-fifth street SE was in fairly good condition Tuesday at St Luke s hospital He spent the night in the intensive care unit after he became ill from eating poisonous mushrooms authorities said He was transferred out of intensive care Tuesday morning.
MENTIONED IN THIS ARTICLE
Earl Wilson
Hib
Twenty-fifth Street
St. Luke's Hospital
Wilson
Authocities
Starr Surrenders On Breakin Charge
Ronald Starr, 22, surrendered at police headquarters to face a breaking and entering charge. He is accused of breaking into DJ's Restaurant and Lounge on Highway 30 South on May 12 and stealing 314 dollars from the cash register. He was held pending arraignment.
MENTIONED IN THIS ARTICLE
Ronald Starr
Starr
Highway 30 South
Burial at Sea for Rear Admiral Rembrandt Robinson
In Coronado California Rear Admiral Rembrandt Robinson who died in a Gulf of Tonkin helicopter crash will be buried at sea. The carrier based ceremony will honor his service and commemorate his death in the line of duty.
MENTIONED IN THIS ARTICLE
Coronado
Calif
Rembrandt Robinson
Gulf of Tonkin
Bid Setting on Street Project June 14
City council indicated June 14 as the bid date for a Mt Vernon road SE construction segment from Fifth to Nineteenth streets. The project involves concrete paving and pedestrian work with an estimated 652,500 cost, city share 339,400 and federal TOP program paying the remainder. letting at 9 a.m. in council chambers.
MENTIONED IN THIS ARTICLE
Mt. Vernon Road SE
Fifth Avenue
Nineteenth Street SE
Tenth Street
Mr. Vernon Road
Rockwell Hikes Common Stock Dividend Again
North American Rockwell Corp board in Columbus Ohio last week boosted the regular quarterly common stock dividend to 40 cents from 1 1/2 cents. Willard F. Rockwell Jr said earnings for the year should exceed last year's 2.57 per share. The 40 cent dividend will be payable June 12 to shareholders of record May 23. Regular quarterly dividends on Series A preferred stock were also declared.
MENTIONED IN THIS ARTICLE
North American Rockwell Corp. Rhrectors
Columbus
Ohio
Willard F. Rockwell, Jr
NTR
Rockwell
Airport Board Confident on 83 Million Bond Approval
Cedar Rapids airport commission backs an 83 million bond issue to fund TRWay overlay and land purchase of 3450 acres. Polls open 7 a.m. to 7 p.m. Tuesday with possible voting place changes from precinct boundary shifts. Board approves 4x8 plastic floor mats at 67.58 each and 1060 for stainless steel sign framing. Rental income from signs to cover cost in five months.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Klinger Offce Supply
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Stock Mart
Jalttor & Momvoidl An
Jos Fund
Rein
Bank of Jow
Eal
Beatrice
Gherry-our
Ealing Radio 4
Banani
Ila Exelpligatea Raoes
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Rudttol & Bs
Roren
Ad Dawn of
Ind Agri
Lipson
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STS
von and Ci
TNA
Ilson
C.R. Markets
Ean -Byary
Ndi
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Fabieid
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Quest
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Gillette
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YORK
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Sioux City
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Ith St. Ant
12Th Ave
Ady
Kristopher J. Kelly
F Avenue
Pierson’s Florists
Ellis Blvd
NARFE
National Assn
el Geneva Tower
William Harbor R-Henderson
Linn County Republican Central Committee
Ot Peoples Bank
Legion Lanes
Ic.r
Mississippi River
Airport Board
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