Stock Prices Down As Market Retreats On Fed Money Rise
New York news service reports mild stock declines with the Dow Jones 30 industrials dropping 22 to 94.05 at 2 p.m. Losses outpaced gains by about two to six. Investors weigh a $2 billion rise in the nation’s money supply and rising interest rate concerns. Dell Airlines active, Rockwell lagging on bomber production delay. NYSE composite dips to 54.19.
MENTIONED IN THIS ARTICLE
NEW York
Natron
Simon
Faaues
Wall Street
Federal Reserve
Sae
Amster
Rockwell International
Rockwell
Senate
NYSE
American Exchange
DeGrazia Threatens Further Fire Damage of Artwork
Artist Ted DeGrazia, famed for depicting Indigenous and Mexican themes, plans to burn more of his paintings to protest federal tax laws he says burden heirs. At 67, he has already set fire to 10 works valued at 1.5 million dollars and intends to burn about 1,100 oils and drawings. He had offered pieces to the University of Arizona, which declined for space reasons, preferring to keep the works in Arizona.
MENTIONED IN THIS ARTICLE
Smicson. Arie
Ted DeGrazia
DeGrazia
Tex Lawn
University of Arizona
Arzu
Cedar Rapids Livestock and Market Prices Mixed
Market notes from Cedar Rapids show steady to firm bids for live cattle and hogs with price ranges varying by weight. Futures and spot quotes from Chicago and Sioux City reflect ongoing activity in livestock futures and cash markets amid general market uncertainty.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Pridkry
Chicago
Sioux City
Des Moines US cattle market mixed as feeders steady
Des Moines market notes a tight trading day with steady feeder cattle and butcher cattle. hogs and calves show varied prices while milk and egg sectors face uneven demand. reports mention tax and postwar fuel concerns affecting prices and shipments. Authorities describe overall feed costs holding pressure on margins.
Moonlighter Wonders if Work Was Worthwhile
CHICAGO AP. Glenn Wolff, a Montgomery police chief by day and Chicago sergeant by night, faces job loss after resigning the Montgomery post. Wolff cites heavy workloads and outside work rules as factors, saying he needed the money for a divorce and has little to show for it besides an old car with high mileage. Robert Sheehan of Chicago's 18th District alleges Wolff violated rules requiring outside work to be reported and limited to 20 hours per week.
MENTIONED IN THIS ARTICLE
Chicago
Glenn
Wolff
Montgomery
Lttell
Robert &. Sheehan
Internal Affairs
Wheat Falls as Corn and Soybeans Rise in Grain Markets
Chicago boards show wheat mostly lower while corn and soybeans advance. Oats rise and cash grain quotes vary with demand from meat products and strong export demand cited. Harvest progress remains a downward market pressure as prices shift northward. Livestock at Des Moines reports steady to modest activity with varying prices across weights and categories.
MENTIONED IN THIS ARTICLE
Chicago
Board of True
Enyst
FDA recalls over 280000 cans of imported pimientos
FDA announces a large recall of more than 280 000 cans of imported pimientos due to improper processing. About 220 800 cans in one lot reached California Oregon Washington Idaho and Maryland and 42 000 cans of another lot along the Eastern seaboard. No injuries reported. Class E recall for potential temporary health effects.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
FDA
Connell Rice & Sugar Co, Inc
Weatfield
Ite
Kirich Corp
New York City
Trains Collide in Tokyo Suburb Halt 296 Runs
A freight train collided with a passenger train in a Tokyo suburb injuring 37 people as crowds surged to transfer. Officials canceled 296 train runs, affecting about 600000 commuters across the system.
MENTIONED IN THIS ARTICLE
Tokyo
West Point Cheating Probe Denied by Secretary of Army
Secretary of the Army Martin Hoffman denied a request by ten United States Military Academy legal staff members for an investigation into West Point cheating procedures. Cadets claim widespread cheating and fear of publicity, while lawyers consider next steps possibly including congressional inquiry if pursued by cadets.
MENTIONED IN THIS ARTICLE
West. Point
N.ye
Martin Hoffman
United States Military Academy
West Point
Sidney Berry
Army
Congress
II Weahington
Hoffman
Torch Sparks Blamed in Fire At U.S. Pavilion
Firefighters said sparks from a welding torch likely ignited a blaze that destroyed the former U S pavilion at Montreal's Expo 67 World's Fair. A witness reported two welders sealing a hole in the plastic shell when the blaze erupted. One welder attempted to use a fire extinguisher, but it was empty. The outer shell burned within minutes while thick black smoke darkened the sky and debris drifted across the area.
MENTIONED IN THIS ARTICLE
Montreal
Sparka Froer
Buuketinster Fuller
No Way To Park Helicopter Ticketed
Murfreesboro Tennessee AP reports Slate Adjacent Gen Carl Wallace fined $2 for illegally parking on the lawn at Middle Tennessee State University. The ticket labeled the vehicle as helicopter with two down in style and size. On this date in 1471 England's King Henry VI was confined to the Tower of London.
MENTIONED IN THIS ARTICLE
Murfreesboro
Tenn
Adj
Carl Wallace
Middle Tennesee State
England
Henry VI
Landon
City Briefs Student Honored at Macalester College
Macalester College senior Lileah Harris of 3626 Bever Avenue SE received the Amberney Cy Apamid endowed scholarship for upperclass premedical students preparing for medical school. The brief also notes local events and small notices including a heritage tour, ticket sales, a sheriff election, stolen items from various addresses, and security advisories.
MENTIONED IN THIS ARTICLE
Lileah Harris
Bever Avenue
Macalester College
St. Paul, Mint
Atmereny Cyapamid Co
Oevical School
Grant: No Connection With CB Unit
Cedar Rapids deputy reports a crank call claiming REACT club affiliation with the sheriff and Cedar Rapids police to solicit tickets for a June 6 Memorial Coliseum show. Sheriff Grant and Police Captain Puters say no authorization or connection exists. Hawkeye RRAGT vice president Fay Fisk says the agency promotes the event and is not affiliated with law enforcement. information comes from monitoring Channel Nine.
MENTIONED IN THIS ARTICLE
Linu
Walter Grant
REACT
Sheriffs Department
Cedar Banrds
Grant
Bia
Police
Cabo Wallace Lee Puters Sail We Department
Six Thai Police Killed in Ambush Reported
A garbled dispatch cites six Thai police killed in an ambush near the Laos border amid internal security operations. Names and details are unclear due to OCR errors, but the event is described as a Communist guerrilla action in Southeast Asia.
MENTIONED IN THIS ARTICLE
Bangkok
Thailand
le Barter
Laos
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Ryoe
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Joni Deven
Snes
Onal
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UNIAE
Pointer
C.R
Anrep
Cedar Rapids Sheen Market
Trent
Novohier Belies
Mowseman High
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Bastar
Omar
Webster City Livestock
Wwaomnten City
Iap
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Techa'So
HRW
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Helles Mba
Chote Hers
Conner
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USDA
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Lainie Brothers
Seterniel
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Shipeline Pertits
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Ag Winie Sa Ari
Jamon Peronew
Times Service
U.S. Pavilion
City Briefs
Costumar
the Clarke
Armstrong’s
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Marlon
Forest Dr. SE
Nce
Larry Kelchen
Linn Couny
Ree
Stollen
David RL Ranch
Orean's Florists
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16Th Avena
Six Flags
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Zoo
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Rick L. DeWitt
First Avenue
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Ooh
Dennis Heubye
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West, Branch
Iowa
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Lat Ave
David Headley
Blairs Ferry
Primtivus
Planters
Mount Verngo
Ywa
Festina
Spitsville
Maranus
Fort Atkingon
Kelly
Fporniuck
Fourth Avenue SE
Seine
Maxine
Call
Wookly
Legion Lanes
Happy Chef
Ee Poe Garage Sete
Furnituer
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Terry
Dr. SE
Atty
Toole
Edmund Hick
B Avenue NW
Wee
Cesar Rapids
3Rd Ave
Glandort
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Lune
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Saax
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Fourth Avenue
Aid
Hfe
Ralph
Alfred P Bradshaw
Fr. Louis
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