Stocks Turn Upward In Narrow Dow Rally Amid Rates Hopes
The Dow rose 3.39 to 838.87 as investors priced in easing rates and possible softened opposition to federal help for New York City. Gains outpaced losses on the NYSE with Otis Elevator leading volume, while Burns signaled he might lean toward assistance though not yet supporting it.
MENTIONED IN THIS ARTICLE
New York
Washington
New York City
New York Stock Exchange
Thur Burns
Federal Reserve Board
Burns
Otis Elevator
NYSE
American Stock Exchange
Iowa Hogs and Cattle Markets Shift Across Cedar Rapids and Waterloo
The Cedar Rapids hog market eased Tuesday with Monday’s bulk deliveries at 49.50 to 50.00 for 200 to 230 lb butchers. Packing sows 300 lb plus fetched 43.00 to 43.50, with weight breaks reducing prices. Waterloo and Webster City markets followed the lower trend for butchers and sows. Sioux City and Des Moines reports showed varied gains and losses across cattle, hogs, and lambs amid regional weather and supply shifts.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Waterloo
Webster City
Lowe
Sioux City
USDA
U.S
Omaha (Ap
Chicago
Wisconsin
Wisconsin Norgoids
Washington Russets
Washington Norgoids
Colorado Russets
Colorado Red McClurgs
DES Moines
Iowa
Minnesota
Wheat and soybeans drop as Chicago futures retreat
Chicago Board of Trade futures fell sharply amid profit taking and a shift to bearish sentiment. Soybeans led declines with 15.4 to 15.4 cents, wheat down about 9 to 10, oats 2 to 3, and corn 1 to 3 lower amid late session selling and selective liquidation. Des Moines and Iowa Minnesota receipts and packer quotes show varied, mostly lower bids for cattle and hogs.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Father Forgives Police Officer Who Shot Son
In Lebanon Indiana 17 year old Stanley Wilson was shot by Patrolman Michael Slagle during a supermarket hold up. The father Rev Ollie Wilson and family published a memorial ad asking forgiveness for Slagle and expressing sympathy for the officer despite the fatal shooting.
MENTIONED IN THIS ARTICLE
Lebanon
Ind
Ollie Wilson
Stanley
Michael Slagle
Slagle
Stan
Wilsons
Senate committee opposes Bush CIA nomination
Senate intelligence committee chairman Frank Church opposes George Bush's nomination as CIA director warning confirmation would betray agency reform. He says CIA must withstand partisan pressure from within government and resist White House or Pentagon pressure in an election year.
MENTIONED IN THIS ARTICLE
Washington
Senate Intelligence Committee
Tuesday
George Bush
CIA
White House
Pentagon
Frank Church
Idaho
Church
Bush
Republican National Committee
China urges talks to resolve border dispute with USSR
Moscow reports the Chinese government sent greetings to the Soviet Union on the 58th anniversary of the Bolshevik Revolution and pressed that border issues be settled by talks. Tass noted no new factors in the conflict and did not confirm full text of the message.
MENTIONED IN THIS ARTICLE
Moscow
Soviet Union
Tass
Iowa National Underwriting Losses Hit Record High in 1975
Iowa National Mutual Insurance reports nine month underwriting losses of 4.48 million, the worst in its 66 year history. President J C Rise cites rising medical and repair costs, severe storms, and high workers compensation as key factors. Premium income rose 16.7 percent while policyholders’ surplus fell ten percent to 19.09 million.
MENTIONED IN THIS ARTICLE
J.C. Rise
Iowa National Mutual Insurance Co
Rice
Iowa National
Iowa
Income Hike Reported By Network Data
Network Data Processing Corp of Cedar Rapids reports a 45.5 percent rise in net income for the six months ending Sept 30. President Donald H. Miner says earnings climbed to 114 cents per share from nine cents a year earlier, with revenues up to 1,122,331 from 925,245. Also notes a 20 years ago Geneva conference deliberation.
MENTIONED IN THIS ARTICLE
Network Data Processing Corp
Cedar Rapids
Donald H. Miner
Miner
Identical Autos Spark Mistaken Jailings in Tulsa
Two mechanics, David Johnson and Larry Cowher, were jailed for auto theft after mistakenly driving away in a second identical 1966 Mustang. The owner of the first car and officers confirmed the mix up. the men were released once the error was found. Police noted the keys fit both cars, a one-in-a-million coincidence.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
UPI
David Johnson
Larry Cowher
Johnson
Cowher
Ralph Duncan
Gas supply could drop 10 percent if emergency bill passes
Iowa-Illinois Gas and Electric Co warns Congressk backed emergency standby act of 1975 could cut gas supply by about 10 percent. Robert Hetherington says provisions to seize 17 percent of Gulf offshore NGPA output and restrict short term purchases threaten plans worth over 625 million for extra gas.
MENTIONED IN THIS ARTICLE
Davenport
UPI
Iowa-Illinois Gas and Electric Co
Congress
Robert Hetherington
Quad Cities
Cedar Rapids
Ottumwa
Hetherington
Gulf of Mexico
Natural Gas Pipeline Co. of America
Iowa-Illinois
NGPA
lowa-Illinois
Iown-Illinois
Hertherington
New Railroad Conforms Seven Bankrupt Lines Into Conrail
A new company, Consolidated Rail Corp known as Conrail, forms to merge bankrupt north east and midwestern lines including Penn Central Jersey Central Reading Erie Lackawanna Lehigh Valley and others. It will be government funded and take over seven lines at 12:01 a.m. Feb 27 1976.
MENTIONED IN THIS ARTICLE
Washington
UPI
Consolidated Rail Corp
East Railroading
Conrail
North
Penn Central
Jersey Central
Reading
Erie Lackawanna
Lehigh Valley
Lehigh & Hudson River
Ann Arbor
Rockwell Declares Dividend Amid Earnings Change
Rockwell International Corporation announced a 50 cent quarterly dividend on common shares payable December 8 to record holders November 18. Regular preferred dividends are payable in January to record December 1. Fourth quarter earnings rose 5 percent to 30.9 million or 91 cents a share on 1.3 billion in sales. fiscal year 1975 earnings fell 22 percent to 101.6 million or 2.96 per share on 4.9 billion in sales. Robert Anderson noted debt reductions and expects 1976 continuing-operations earnings to improve, with first-quarter results likely below the year’s average.
MENTIONED IN THIS ARTICLE
Rockwell International Corp
Rockwell
Admiral
Robert Anderson
Offi
Cer
Anderson
Rockwell International
Collins Radio
Also Mentioned on This Page
UPS and
Asarco
Atlas Corp
EastAir Lin
Rairind
Hollibin
Harris
Hecom
Telco
KanBut
Katy Ind Rennes
Kerrmcee
Kimo
Kroger
C.R. Markets
Waterloo Hogs
Sioux City Livestock
U.S. West North Central States
Federal
OWA Farm
Omaha Livestock
Lamson Brothers
Joliet Livestock
Arsase Am
Ins. Fund
Rein
Lowo Euatarecgesgeoes
Consolidated Foods Fmc
Health Management
Iowa Electric
Wie Lowell
Gos
Jonn Deere Si Keuffel & Esser Weses
United Fire & Casualty Mveisyea
Victor Corp
Rockwil
Telex Co
Zarennco
Tex
UAL Inc
Unodc
Upac
Whitem
WilmsCo
XeroxCo
Associated Press
Chicago Cash Grain
HOGS
Bali
China
William Shakespeare
Carlos Coimbra da Luz
Brazilian Chamber of Deputies
Nereu Ramos
Landenberger
P.O. Box
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