Mixed Stocks Show Cautious Moves After Rate Cut
The New York market ended mixed as damped gains from a prime rate cut by First National City Bank were offset by profit taking and City rescue concerns. Texaco led activity on the New York Stock Exchange with a 3/8 decline in a large block trade while the market indices barely budged on the day.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
New York
First National City Bank
New York City
Texaco
American Stock Exchange
Witness Whalen Gets Federal Protection After Fire
John Whalen, key witness in the Swainson case, is under federal protection after an explosion and arson fire gutted his unoccupied home in St. Clair Shores. Police say arson caused $40,000 to $50,000 damage. Whalen had recently aided police in breaking a multimillion dollar burglary ring involving stolen property and several arrests.
MENTIONED IN THIS ARTICLE
ST. Clair Shores
Mich
John Whalen
Michigan Supreme Court
John Swainson
Whalen
Wayne County
United Auto Workers
Joann
Leo Warfield
Beans Down Trade Mixed on Chicago Board of Trade
Grain futures closed irregular on the Chicago Board of Trade as trade was mixed and mostly slow. Sold corn to Russia and Poland offered little bullish pressure while unconfirmed chatter of new sales to Russia persisted. Soybeans fell up to 5 cents, wheat and corn showed mixed moves, oats unchanged. Cash grain quotes listed No 2 hard winter wheat and No 2 yellow corn with various prices.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Russia
Poland
Cash Grain
Des Moines Market Reports Hogs Cattle and Eggs
Des Moines and Sioux City market notes show Friday receipts of 50 000 hogs in Iowa and Minnesota with mixed butchers activity and light to moderate demand. Prices ranged 49.50-51.00 at country points and 50.00-51.00 at plants, with sows 43.00-45.50 and lambs 44.00-45.00 for No 1 and 2 pelts. U.S. 13 hogs 190-240 lb at Sioux City 52.00-52.25, cattle and sheep receipts smaller. eggs tested as mostly steady to up 2 cents with grade A large 32-34 cents.
MENTIONED IN THIS ARTICLE
Lee Et Pennzol
PepsiCo
Lee
Wblat 'E Pubickr
Raiston
Reynin
Des Moines
USDA
Lowa
Minnesota
U.S
Sioux City Livestock
Sioux City
Undertone
Dress Meats
UPI
Midwest
Omaha Livestock Omaha
Joliet
Cedar Rapids hog market slips amid mixed livestock prices
Cedar Rapids livestock reports show Friday hog prices lower with 200 to 230 lb butchers at 50.00 to 51.00 and sows around 44.00. Heavier hogs receive declines by weight. Packers and yield discounts apply. Waterlooo prices for 200-230 lb butchers near 50.50, sows at 43.75. Chicago and New York prices mixed for butter and produce. Webster City stockyards note hogs 1000 head, 200-250 lb butchers down to 100-575, sows 43.00-44.50.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Waterloo
Guild Plans N Y Newspaper Strike
New York newsroom tensions rise as the New York newspaper guild threatens to strike the New York Times at 7 am Tuesday if talks on a new contract fail to progress. Executive VP Harry Fisdell cites no progress after seven months, with both Times and Daily News offering similar proposals.
MENTIONED IN THIS ARTICLE
NEW York
UPS
New York Newspaper Guild
New York Times
Harry Fisdell
Guild
The
Times
New York Daily News
Fisdell
Town Invaded By Birds Not Yet Asked For Help
GRACEHAM Md Officials estimate over 800000 birds roost in a white pine grove here including grackles cowbirds starlings and blackbirds They have returned to the same roost after a 1974 five day noise war Wildlife officials say they will not act unless residents request it and no request has been received Most birds should migrate south by month end
MENTIONED IN THIS ARTICLE
Graceham
Maryland
State Department of Natural Resources
U.S. Fish and Wildlife Service
Prime rate cut at First National City lowers lending costs
New York UPI reports First National City bank cut its prime rate to 7.4 percent from 7.4 percent marking the third consecutive weekly reduction in the loan rate. Other major banks were expected to follow Citi Bank in adopting the lower rate effective Monday.
MENTIONED IN THIS ARTICLE
New York
UPI
First National City Bank
Citibank
REA Express Bankrupt. 8000 Jobs to Be Lost
REA Express Inc the nation's largest surface carrier has been judged bankrupt and will shut down within a week to ten days with about 8000 jobs lost A federal judge ordered liquidation after the company operated under Chapter 11 since February Spokesman Stephen Finkel said freight already in the system would be delivered then disposal of all assets would follow The firm runs 232 terminals in the United States Canada and Puerto Rico
MENTIONED IN THIS ARTICLE
New York
REA Express, Inc
John Galgay
Federal Bankruptcy Court
Stephen Finkel
REA
REA Express
United States
Canada
Puerto Rico
Dead End In Search For Weapon
Cedar Falls area investigation into the murders of Leslie and Jorjean Mark and their two children hit a dead end after a search with metal detectors along country ditches beyond the northwest Cedar Falls farmhouse. Black Hawk County deputies sought the murder weapon and any clue to the case, while the state bureau of criminal investigation offered no new public information.
MENTIONED IN THIS ARTICLE
Cedar Falls
UPI
Black Hawk
State Bureau of Criminal Investigation
Burglary at Dudley Home Ends With Theft
Early Friday a burglar woke Arthur A. Dudley at 1309 Fourth Street NW, fled through the back door with $5 from Dudley’s pants. Dudley described the suspect as about 25, with long hair and dark clothes.
MENTIONED IN THIS ARTICLE
Arthur A. Dudley
Fourth Street NW
Dudley
City Seeks Demolition of Two Cedar Rapids Homes
Cedar Rapids filed two Linn district court petitions to declare 1015 Old Marion Road NE and 402 Fourth Street SE as public nuisances. The city alleges both buildings are dangerous unsafe fire hazards and unsanitary and seeks demolition with costs charged to the properties.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Linn District Court
Glenn
Eva Evans
Old
Marion Road
James
Janell L. Beckman
Fourth Street
Winter rental offer from Cedar Rapids executive
A division general manager from Harneschteger in Cedar Rapids markets a furnished home for winter rent. The offer promises to return the home in the same condition and invites interested parties to call Horneschteger at 364-1521.
MENTIONED IN THIS ARTICLE
Harneschteger
Cedar Rapids
Horneschteger
Senate Panel Keeps Most Defense Cuts
The Senate appropriations committee trimmed only part of the House cuts in the defense bill, approving 112.5 billion for the year through Sept. 30, 1976, about 8.4 billion below the White House request. Chairman John McClellan called the figure bare bones and warned further cuts could be drastic. The panel restored 64 million to cruise missile development amid stalled arms talks.
MENTIONED IN THIS ARTICLE
Washington
UPI
James Schlesinger
Senate Appropriations Committee
House
John McClellan
D-Ark
White House
McClellan
Senate
Schlesinger
Ford
Congress
Senate Committee
President Ford Not Injured After Boy Strikes With Flag Staff
At Westover air base a greeting crowd incident left Ford unharmed after a young spectator slapped a 24 inch flag staff against his temple. Secret service quickly subdued the staff and the President resumed his greeting with no signs of injury. The event appeared accidental and no motive or danger was found.
MENTIONED IN THIS ARTICLE
Springfield
Mass
UPS
President Ford
Westover Air Force Base
Ford
Secret Service
Air Force
Richard Keiser
White House
Gas Rationing Plan Set Up in Iowa
DES MOINES AP The ASCS has set up a gasoline rationing system announced by former Iowa congressman William Scherle at the annual ASCS conference. If used county farm program offices would deliver rationing, with a proposed rebate idea of up to $1,000 per year for large petroleum users, though not seriously considered.
MENTIONED IN THIS ARTICLE
Des Moines
Agriculture Stabilization and Conservation Service
ASCS
Iowa
William Scherle
Scherle
Washington
Iowa GOP Sets Convention Dates 1976
DES MOINES AP Iowa Republican 1976 state presidential convention will be held June 19 and the state statutory convention July 17 GOP chairman Tom Stoner said Friday Precinct caucuses will be Jan 19 The central committee set 3495 delegates to the conventions making them among the largest in the county County delegations range from 343 delegates for Polk County to 10 delegates each for Adams and Ringgold counties.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
GOP
Tom Stoner
Stoner
State Central Committee
Polk County
Adams
Ringgold
25 Year Sentence For Bendickson Murder in Mason City
Jack Bendickson aged 31 of Mason City received 25 years at the Iowa state penitentiary for the murder of Willard Kaemmerling 56. Kaemmerling died about a month after being wounded in the June 9 shooting. Bendickson pled guilty to an open murder charge. related charges in his father Maynard Bendickson’s death and the wounding of two others were dropped.
MENTIONED IN THIS ARTICLE
Mason City
Jack Bendickson
Iowa State Penitentiary
Willard Kaemmerling
Bendickson
Maynard
Kaemmerling
Legal Notices From Cedar Rapids Airport Commission Hearing
Brice and others appear for a required hearing with notices filed at the City Clerk and on file in Cedar Rapids. The commission, chaired by James Ward Jr, lists inspection and interest details for the case Res vs Novernd Suens.
MENTIONED IN THIS ARTICLE
Brice
Ous Messing
Renee
Roe Ea
Suens Case Rapids Airport
James Ward, Jr
Also Mentioned on This Page
Aromas
Burling
Hamoint
Ehase
Chessie
Chris Craft
Chrysler
Citicorp
Clarke
Civetli
CocaCot
EastAir Me
Eaton
Echlin
ElPaso
Efm
Exxon
Housh F
Raminia Ae
London
Lamson Brothers
Ins. Fund
Am Rein
Banks of
Beatrice Foods
Wie
Owneve
Boncoro
Sves
Interstate Power
Uia Iowa Electric
Jonn Deere van Kidde
Keuffel & Esser
Life Investors, Inc
U.S. West North Central States
Federal State Market
C.R. Markets
Waterloo Hogs
Webster City
Central
N.Y
Waillis Fisher
Boy
Cedar River Tower
Call Tower
Bob Mayer
Mamrrangeermenn Oy
Memengas Asai Maou Aol
Isurate Dy
Simummett Y
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