Broad Stock Drop Marks Profit Taking Slow Market
New York stocks fell as profit taking broadens, with the Dow down 10.25 to 836.35 and losers outnumbering gainers by over two to one on the NYSE. The Fed cut the discount rate to 6 percent, while Seaboard Coast Line Industries sank after a dividend cut. NYSE composite slipped to 48.06 and Amex down to 87.0.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Newton Zinder
E. F. Hutton & Co
Federal Reserve
Seaboard Coast Line Industries
NYSE
Amex
Marycrest Students Honored for Grades
Recognition for high grades received during the spring semester at Marycrest college awarded to five Eastern Iowa students. Awarded high honors for averages from 3.9 to 4.0 for at least 2 credits were Cheryl Thiede Anamosa Mary Jane Lauser Cascade Jane Schneberger Cedar Rapids and Année Dietsch Hills. Honored for grades averaging 3.75 to 3.89 was Dolores Ruess West Liberty.
MENTIONED IN THIS ARTICLE
Davenport
Marycrest College
Cheryl
Thiede
Anamosa
Mary Jane Lauser
Cascade
Jane Schneberger
Cedar Rapids
Année Dietsch
Hills
Dolores Ruess
West Liberty
Nash Finch declares quarterly dividend and growth in stores
Nash Finch Co. board approves a 0.35 a share quarterly dividend payable June 10 to common shareholders of record May 30. The firm notes 387 independently owned supermarkets under its franchise program, plus 100 company markets. It also operates several produce marketing companies in California.
MENTIONED IN THIS ARTICLE
Nash Finch Co
Nash Finch
California
Cedar Rapids hog market holds steady amid mixed weights
Cedar Rapids hog market Friday shows steady prices for Thursday deliveries with 200 to 230 lb butchers at 46.00 to 46.50, sows under 300 lb at 41.00 to 41.50, and various weight grades discounted or adjusted per 10 lb steps. Sheep and grain quotes also noted, while Des Moines figures reflect slow trade and mixed hog and steer ranges.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Ceder Rapids Yheel
Des Moines
Welch Re elected to Lead Cedar Rapids Community Welfare Foundation
Ted Welch of Peoples Bank and Trust Co. is re elected president of the Cedar Rapids Community Welfare Foundation. Russell Hess is named vice president with D Bruce Gibson treasurer and Harold Awaldt secretary. Hess also secures a seven year term on the board. other trustees include James E Coquillette A L Staulekoft Robert C Armstrong For eat W Stewart and Welch.
MENTIONED IN THIS ARTICLE
Ted Welch
Peoples Bank and Trust Co
Cedar Rapids Community Welfare Foundation
Russell Hess
D. Bruce Gibson
Treseures
Harold Awaldt
Hess
James E. Coquillette
A.L. Staulekoft
Robert C. Armstrong
Forreat W. Stewart
Welch
Gibson
Waterlogged hogs and cattle market notes in Des Moines
DES MOINES reports mixed live cattle and hog prices across markets with beef sharply higher for select cuts and pork steady to improving. Descriptions note hogs 3 508 head with variable demand, steer and heifer values up to 79.25 and 28.50 per hundredweight respectively, while corn and dairy futures show erratic movement and regional price shifts.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Late Bean Rally Fails in Chicago Grain Markets
Grain and soybean futures slipped on Friday as weather and crop prospects weighed on prices. Wheat fell 2 to 3 cents, corn eased, and soybeans largely held or slipped with mixed quotes amid market uncertainty.
MENTIONED IN THIS ARTICLE
Iowa
Rein
Beatrice Foods
Conroe
Hawkeye Boncor Gay
Heath Management Svcs
MLS
Nowa Etectele
John Detre
Asa Kidde Corie
Min-Comient
Tne
Drork - Posall, Inc
Rath
Ala Rochmel Ware Svea
Guararay
Untvar
Winnebopa
Chicago
Salvation Army Youth Programs Double Since New Center
The Salvation Army reports its youth program enrollment more than doubled after moving to the new corps community center last fall. Major Eugene Armey cited two new programs driving the increase, including a Tuesday Youth night that peaked at 103 and drew 80 at week’s end. Total enrollments across activities reached 354 since last October, far above the old building’s annual high of 150.
MENTIONED IN THIS ARTICLE
Salvation Army
New
Corps
Eugene Armey
Army
Adney
Gene Turner
Linn supervisors act on personnel matter request
Linn supervisors concluded administrator Robert W. Johnson was not involved in improper activity or malfeasance. They recommended written decisions in his division, accessibility of publications to all staff, and regular staff meetings to improve communications.
Senate Approves Refugee Funds
The Senate approved a 405 million dollar appropriations package to fund resettlement of about 116000 Indo-Chinese refugees, most to the United States, and matched authorization in the same amount. House negotiators will resolve final figures between 405 and 507 million. The measure also requires the U S to cover the debt for any South Vietnamese returning home.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
U.S
ISU Graduation Set for Saturday at Hilton Coliseum
About 2,200 students will receive degrees at Iowa State University's spring commencement held Saturday at 9 30 am in the James H Hilton Coliseum. Harold E Hughes former U S senator will be the speaker and W Robert Parks ISU president will preside. A reception for graduates and families follows in CY Stephens auditorium north lobby ground level sponsored by the ISU Alumni Assn.
MENTIONED IN THIS ARTICLE
Ames
Iowa State University
James H. Hilton
Iowa State Center
Harold E. Hughes
U.S
Govecnor
Iowa
Pallowship House
Washington
W. Robert Parks
CY. Stephens Auditorium
ISU Alumni Assn
Macalester College to graduate 350 with bachelor degrees
Three Cedar Rapids residents are among 350 graduates receiving bachelor degrees at Macalester College in St Paul. Shawnee Dee Weir John M Dickens and Charyl Conklin are listed as graduates with addresses in Cedar Rapids.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Macalester College
St. Paul
Shawnee Dee Weir
Lincolnshire Drive
John M. Dickens
Redbud Road
Charyl Conklin
Thirtyfifth
Also Mentioned on This Page
Coder Rapids Gazette
API
Petecen
Pesterday
Arizona
Aleonély
Carp
Brenna
Armenie
ArmsiCk BO
Renee
Gil Loh
Gora
Brunia Borer
Buddee
West
Pepor
Eircom
Ir Ieee
Maragua
Marcor
Nabisco
Ab Sperry
Varian
Vetan Bish
Marycrest
Joliet Livestock
Joliet
Aupil
Cudley
Waterloo
Bulchers
Niger
Poceing
Sali Ary
Omaha Livestock
Omaha
Mancay
Toaderst
York
USGA
Usba
Grove A
Polula
Mono Folly
Oregon
Fritay
Weil
Fritoy
Jes Grove
Sioux City
USA
Webster City Livestock
Webster City
Canirot
Stockyares
Catiles Nal Nouah
Butchers
Steooy
Welchis
Outetrer
Mediuny Seram Hoo Ab
Marywelahy
Willam Plymat
Plymat
Plymar
State Safety Department
Lone State Public Safety Department
Funurus Teading
Felday Close
Wuetober
Avau
Lamson Bruthera
Daly
Ssn
Ssn Bir 2002 Qahe 9.687 21 Sqcomdel S.r
Qats— Bay
Duil May
Lamson Braihers
Frey
Itan Tamtsin Brothers
Ciose
Prev
Frby Cos
CPN Cago Cash Grain
Ord Aener Abn
George H. Brunscheen
The
Bedford General Agency
Miwoukes
George
Dows
Northwestern Mutual Life Insurance Company
ISU
Cedar River Lower
Heart of the City
Cail Tower
Bob Mayer
Ewan
Smulekoff's
Cedar River Towers
Smulekoff
Cedar River Tower
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