Market gains extend as stocks rise on Thursday
Financial and market news report a continued stock rally with broad gains across major indices. The Dow Jones Industrial Average rose, led by components like Amex and TWA, while the New York Stock Exchange advanced with stronger turnover and higher prices across hundreds of issues.
MENTIONED IN THIS ARTICLE
New York
Bon Jones
ID Industrals
Niday
Amnex
York Stock Exchange
Xessip
Brokens
Market and stock reports dominate New York trading week
A sprawling market summary details Cedar Kap and Nixon era stock moves with emphasis on Big Board activity. It notes trading was heavy after rumors, economists eyeing potential policy shifts, and lists commodity prices for cattle, hogs, and grains.
Grains Edge Higher on Strong Demand and Futures
Chicago market notes show corn up 1.5 to 2 cents, wheat gains around 7 to 8 cents, oats and rye rising modestly as futures demand remains firm. Soybeans strengthen late with July contracts up around a few cents, while cash prices show limited changes amid volatile trading.
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Cucago
Itil
New York Produce Market Items Reported Amid Mixed Trade
Market notes from New York show varied activity with several items highlighted. Buyers watch prices on produce lines, while distributors report steady demand for staples and tentative shifts in specialty goods.
Britain Protests Icelandic Attack
London protests as Icelandic demonstrators attack the British embassy in Reykjavik after a clash over naval intervention. Foreign Secretary demands protection for the embassy and compensation for damages amid the first major anti British action since the war began.
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Municipal Court Two Bound to Linn Grand Jury
Municipal court bound two cases to the Linn Grand Jury. Richard J. Bass 28 Drink ward steent NW faced false altering of a check for 146.84 to Plywood Minnesota on May 8. James Houlahan will appear before the grand jury on a drunk driving charge filed March 17. One person was merged of a drunk driving charge. three others were found guilty of lesser reckless driving charges. Patrick K Roe 84 Washington avenue SE convicted of drunk driving fined 300 and sent to drivers school. Francis C Frost 711 Seventh street SW Donald A Jerich 1622 Park Townecourt NE and Donald Gore 58 avenue WW had drunk driving charges amended to reckless driving. Gach was fined 100 and costs.
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Richard J. Bass
Drinkward Steent
Minnesota
James Houlalan
Will Appray
Patrick K. Roe
Washington, Avenue SE
Francis C. Frost
Seventh Street
Donald A. Jerich
Park Townecourt
Donald Gore
Gach
Charges Against Two Are Dropped
Two municipal court cases were dismissed. Paul Floyd faced assault and battery charges after the witness Aneryl A Wood declined to prosecute. Mark A Miller was accused of trespass and entering a building at 902 Old Marion Road to sell encyclopedias without a city license and caused a disturbance in Clyde R B Billingtons apartment. the state moved for dismissal.
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Paul Floyd
Slrce
Aneryl A. Wood
Mark A. Miller
Marion Road
Iid
Clyde RB
Billington
Moti
Two Dmitruk Charges Dismissed in Municipal Court
Two counts against Robert Dmitruk of Seven Avenue Southwest were dismissed. A charge of assault with intent to inflict bodily injury was dropped after the complainant Connie Dmitruk refused to prosecute. A second charge of contributing to the delinquency of a minor by failure to support three children also was dismissed.
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Robert Dm‘truk
Seventh Avenue SW
Connie Dmitruk
Crosses Country With New Heart Crosses Country With New Heart
CHICAGO AP Frank Losale won a second chance after a heart transplant at Stanford. He traveled by motorbike from South Gale, California to Indianapolis for the Indy 500. He has endured fevers and heart damage from rheumatic fever and must exercise regularly to keep his new heart strong.
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Chicago
Frank Losale
Losale
South Gale
Calif
Hal Losole
Stanford University
Poa
Earnings Drop Reported by Iowa Illinois Gas and Light Co
Iowa Illinois Gas and Light Co Friday reported a decline in earnings for the four months ended April 10 versus the same period in 1972. Earnings per common share were lower, with a June decision pending by the Iowa commerce commissions on revenues collected under bond. Vice president Donald H. Shaw cited a ten percent rise in outstanding common shares from a November 1972 stock sale as a contributing factor.
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Iowa-Thinvis Gas and Liectic Co
Iowa
Iowa Commerce Commissions
Donald H. Shaw
McCluskey Fined in Tampering Case in Iowa City
An Iowa City municipal court fined Richard Goss Jr. 22, Coralville, $50 for tampering after his drowning was linked to the incident. Goss was last seen near Rocky Motor Vehicle and recovered from the Iowa River on Friday. Proceeding details mention a prior May 16 incident and a separate $5 fine plus costs.
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Iowa City
Richard Goss, Jr
Coralville
Lowa
Donovan I
McCluskey
Util
Shore Drive
Nicipal Court
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