Mixed fortunes mark frenzied New York markets Friday
Financial and market news report a mixed session with the Dow at a tentative level as gains exceed losses on the New York Stock Exchange while the American Stock Exchange index nudges higher. Texaco was highly active, slipping 3/8 to 23 in a large block trade. Analysts cite a fresh prime rate cut yet warn profit taking and doubts over a City rescue plan.
MENTIONED IN THIS ARTICLE
New York
Oowe
New York Stock Exchange
First National City Bank
New York City
Texeco
American Stock Exchange
Beans Down Trade Mixed On Chicago Grain Board
Chicago grain futures closed irregular on the Chicago Board of Trade with slow trading pace. Soybeans drifted in a narrow range with fractional changes, while corn and oats eased modestly and minor chatter about sales to Russia or Poland failed to lift prices. The session featured thin, uneven moves and ended with mixed to softer tones across soybeans and corn.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Russia
Poland
Nate
Witness protected after house arson and burglary ring bust
A witness received federal protection after his home was destroyed by an arson explosion. Police say a multimillion dollar burglary ring operating in Wayne county and nearby areas was disrupted weeks ago, with about 24 arrests including a court clerk and a United Auto Workers official charged with dealing stolen property. The fire caused 40 000 to 50 000 in damage. authorities credit an incendiary device for the blast.
MENTIONED IN THIS ARTICLE
Whelen
Wayne County
United Au- 40S
Whalen
Joann
Leo Warfield
AGO Grain Quotations by Lamson Brothers
Grain and livestock report including prices and quotations from Lamson Brothers and market notes on cattle, hogs, and meat futures. Details touch on futures, feed grains, and Chicago area market activity with price ranges and commentary on supply, demand, and market tone.
MENTIONED IN THIS ARTICLE
Lamson Brothers
Cedar Rapids Hog Market Prices and Live Cattle Quotations
Cedar Rapids livestock market reports list bids for hogs 200 to 230 pounds at 50.00 to 51.00 dollars, 230 to 270 pounds with varying discounts, and over 270 pounds with further per 10 pound adjustments. Packers offer 28 cents off per 10 pounds beyond 400 pounds. additional price shifts noted for weights and grades. Feeder cattle quotes from Des Moines area traders appear with multiple weight brackets and price adjustments. Reports also reference Chicago produce and western live poultry pricing and market movements for hogs, cattle, and beef products.
MENTIONED IN THIS ARTICLE
Hoge _ DES MOINES
USDA
Iowa
Minnesota
U.S
Cedar Rapids
Packli Sons
Guild Plans N Y Newspaper Strike
New York Newspaper Guild plans to strike the New York Times at 11 a.m. Tuesday after agreeing on a new contract in principle. Harry Fiedell says negotiations with the Times and Daily News made no progress, with both sides disagreeing over core terms as talks continued. The union represents reporters photographers and commercial employees and had extended the old contract that expired March 30.
MENTIONED IN THIS ARTICLE
NEW York
UPS
New York Newwespaper Guild
New York Times
Harry Fiedell
The
Times
New York Daily News
Fischer
Birds Invade Graceham Town Invasion Worries Residents
Graceham Maryland residents face a persistent flurry of birds including grackles cowbirds starlings and blackbirds that have crowded the central village. State and federal wildlife officials report roughly a billion birds roosting in pines and say no action will be taken unless residents request it.
MENTIONED IN THIS ARTICLE
Graceham
Maryland
Atate Department of Natural Resources
U.S. Fished Wildlife Service
Im & Krave
Noice
Prime Interest Rate Lowered by Several Banks
In New York First National City and Citibank cut prime rates with commitments to ease loan costs next week. The reductions followed by other banks expected to follow, signaling a broad move to lower borrowing costs.
MENTIONED IN THIS ARTICLE
New York
UPI
First National City Bank
Citibank
Ferum Andere
REA Express Declares Bankruptcy and Plans Liquidation
REA Express, the nation’s largest freight carrier, has been ruled bankrupt by Judge John Gaigay and will shut down within a week to ten days with about 8,000 jobs lost. The company, operating 202 terminals in the United States, Canada, and Puerto Rico, will liquidate after delivering current freight and selling assets.
MENTIONED IN THIS ARTICLE
New York
Stephen Finkel
REA
REA Express
United States
Canada
Puerto Rico
Dead End In Search For Weapon
Cedar Falls investigators pressed on with metal detector searches along country ditches beyond a white farmhouse where a family of four was murdered. Deputies aimed to recover the weapon used to kill Leslie and Jorgean Mark and their two young children while remaining open to any clue. No new public information was available from the state bureau of investigation.
MENTIONED IN THIS ARTICLE
Cedar Falls
Black Hawk County
Here
Weld Ley
Leslie
Jorjean Mark
State Bureau of Criminal Investigation
Burglary suspect wakes resident at Dudley home
A burglar woke Arthur A. Dudley at 1309 Fourth Street NW early Friday and fled with $5 from Dudley's pants. Dudley said the man appeared in his bedroom, then ran out the back door. Police describe the suspect as 25 with long hair and dark clothes.
City seeks demolition of two Cedar Rapids houses
City of Cedar Rapids asks Linn district court for authority to demolish two structures on Okt Marion Road owned by Glenn and Eva Evans. Contracts purchaser James Beckman and Janell Beckman seek to challenge the action, while petitioners accuse unsafe hazards and nuisance conditions on the properties.
MENTIONED IN THIS ARTICLE
Cedar
Linn District Court
Ant
Glenn
Eva Evans
Edls
Marion Road
API James
Janell L. Beckman
Sapty House Thar Whntrey
Fragmentary text describes tows onl 4 hoe are barnedoed imm te hrer fete. It mentions Venegas Ctr Raps and Fat Hampi et conting with unclear actions. Likely notes a local event or arrangement near MA 131 Wilfte Pines with survivor reference.
MENTIONED IN THIS ARTICLE
Sapty House
Senate Panel Restores Small Defense Cuts in Bill
Senate appropriations committee kept most of the defense cuts in the administration’s 120.9 billion bill, restoring only a fraction of the 38.1 billion cut proposed by the House. Chairman John McClellan said the panel’s 125 billion defense package through Sept. 30, 976 is a bare bones figure, about 8.4 billion below the House. The committee version, still under debate, adds 64 million for cruise missile and pilotless bomber programs, a factor delaying current arms talks with the Soviet Union.
MENTIONED IN THIS ARTICLE
James Schiesinger
Senate Appropriations Committee
House
John McClellan
D-Ark
McClellan
Senate
Hebieringer
Ford
Congress
Senate Committee
Boy Strikes President Ford With a Parade Staff
In Westover air force base crowds cheer as a boy accidentally strikes President Ford on the head with a 24 inch parade staff. Secret service quickly intervenes removing the staff. Ford shows no injury and resumes greeting the crowd amid a calm scene.
MENTIONED IN THIS ARTICLE
Lioningfield
Mass
UPS
Ford
Westover Air Force
U.S. Flan
Mruik
Air Force
Richard Keiser
White House
Secret Service
Gas Rationing Plan out for ASCS guidance
DES Moines AP report outlines a gas rationing plan discussed at the ASCS conference with former Iowa congressman William Scherle noting a prepared rebate system while warning rationing could be used if needed. Scherle, now an ASCS official in Washington, cites rising prices and higher production costs for farmers and mentions county offices would implement measures if required.
MENTIONED IN THIS ARTICLE
DES Moines
Agriculture Stabilizatiod and Conservation Service
ASCS
Iowa
William Scherlesale Thuraray
Scherle
Iowa GOP Sets Convention Date
The 1976 Iowa Republican state presidential convention will be held June 19 and the statutory convention July 17. GOP chairman Tom Stoner said the precinct call will be issued soon and that the central committee has set 3,495 delegates for the conventions, with Polk county’s delegation at 343 and Adams and Ringgold counties at ten each.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
GOP
Tom Stoner
Stoner
State Central Committee
Polk County
Adama
Ringgold
25 Year Sentence To Bendickson In Mason City
Jock Bendickson, 31, of Mason City, was sentenced to 25 years in the Iowa State Penitentiary for the murder of Willard Kaemmerling. Kaemmerling died a month after being wounded. Bendickson pled guilty to murder. The murder charge related to his father’s death and other wounding charges were dropped.
MENTIONED IN THIS ARTICLE
Mason City
Jock Bendickson
Manon City
Iawa
Willard Kaemmering
Bendickson
Maynard
Dupe
Kaemmeriing
Bendickgon
Kaemmerling
Bendickser
Asad
Also Mentioned on This Page
Riday
Loti
Joneweenent Vcs
Spain
Reuttel & Bangs
CTV Corpite
Orgek, Porat, Inc
Tsar ‘Unites United Guaranty A & Conpaity
el Untval
Vitor
Lac Laece
Noolhog
Pena
Riggs
Kwok
Cole Amd Silver
Michigan Supreme Court
Dotin Swainson
Exxon
Falrind
Fstinen
Tee
Mercantile Bachinet
Sioux
Livesioue
Sioux City
Slama City
Soya
Nina
Castle
Sheen
J Slales
Ani Lay
Ani
Patnvary
AL Pri
Toraely
Rattle Amity Atv
Joliet Livestoge
Morkel
Ted Erikes
Masih
ES Moines
Frisay
Monty
Geude
Biache
Mantiy
Midwest
Nesta Bisheth
SMM
CR. Markets
Catice Markey
Groots
Ledm
Ravi Abean
Oorke
Frwey
Waterloo Hogs
Prior
Muotohank Hom
Waterloo
Futenery
Diane
Pucking
Laman Arotars
Rs Lowe
Sraim
Salt Frigity
Tite Betiver Sa
Erisago
Salina Lene Butler
Chicouny
Aslen
Webster City
Helter Rirsty Meadows
Sas
Sunier Tae Butler
Grodg & Puertol
Rome
N.Y
Boy
Lowa
Noredoers
Rey Co
Cedar River Tower
Asidd
Mery Panyet
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