Stocks Rise as Ford Speech Hinted on NYC Aid
The Dow edged up to 846.58 as stock gains led losses on the NYSE amid a lighter session. Analysts cited Ford's planned address on New York City's finances and a Senate banking panel vote on federal loan guarantees as catalysts. Williams Cos. led NYSE activity with a 3/8 decline to 28 7/8.
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Wheat and soybeans rise on Board of Trade upsurge
Chicago market closes with substantial gains across wheat and soybeans and a firmer corn. Wheat up 3 to 5 cents, soybeans 6 to 8 cents, oats 1 to 3 cents, with local short covering aiding late price moves amid erratic trade and light news. Local and commission house covering boosted prices in wheat and soybeans.
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Chicago
UPI
Board of Trade
Commission House
Cedar Rapids hog and cattle market figures share price shifts
Tuesday market reports show hogs at 200-230 lbs bringing 54.00 to 54.50, sows at 47.00 to 47.50, with weight-based discounts for heavier hogs and packers. Sheep price ranges cited 90 to 110 lb lambs 42.00 to 44.00 and 110 lb wool lambs 40.00 to 42.00, plus corn and soybeans futures notes and bulk butter prices in Chicago and New York markets.
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Blaze Destroys Buchanan Barn Near Independence
A Monday night fire destroyed a barn on the Bernadine Shan farm southeast of Independence after a trash barrel fire spread. Firefighters from Independence and Quasqueton fought the blaze for four hours until 11:30 p.m. and later returned when a new blaze appeared in a log pile, likely sparked by the barn fire. the barn was being razed and contained only hay and lumber.
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Quasqueton
Bernadine Shannon
Independence
Ford Names Truman Foundation Members
President Ford appoints Margaret Truman Daniel and Missouri Governor Christopher Bond to the Harry S Truman Scholarship Foundation board of trustees. The foundation awards Truman Scholars who show potential and ambition for public service careers.
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City Briefs and Local Notices Amid Weekend Events
Community postings list story hour at Edgewood library, weekly pub and bazaar ads, a sprawl of thefts including tools, radios, purses and a ring. Local meetings for Kiwanis and contractors, plus restaurant specials and temple games fill town notices. A breakin series details items stolen from residences and businesses.
Cedar Rapids seeks volunteers to craft new housing code
The Cedar Rapids city council approved forming a special committee to draft a new housing code. Mayor Don Canney urged volunteers and professionals to join, noting drastic revisions are needed due to changes in state and federal laws and housing practices. The panel is expected to form in coming weeks, after a citizen group’s proposed law was reviewed by city legal staff.
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Cedar Rapids
Don Canney
U.S. Ends Long Run at Nakhon Phanom Air Base Thailand
The American flag comes down at Nakhon Phanom air base as the United States withdraws from another major Thailand site. It is the fourth base evacuated since September 1973, with 16,500 troops remaining at Udorn Korat and Utapao, all slated to depart by next March.
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Two Juveniles Arrested in Meat Cleaver Robbery Case
A 12 year old and a 13 year old were charged with robbery assault and attempted robbery after threatening three juveniles with a meat cleaver. They robbed a 16 year old of 1 and injured another with a minor arm slash on Fifteenth Street SE. They also attempted to rob a third youth for 30 cents at Johnson school playground. They were booked and released to their parents.
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Fourteenth Street SE
Sixteenth Street SE
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Eighteenth Street
Man Stabbed in Argument Leaves Two Men Involved
John David Hakes age 28 of 1110 Eighth Street SE remained in fair condition in Mercy hospital ICU with a back stab wound after an early morning dispute. James Arthur Santee age 28 of 1026 Eleventh Street NE was charged with assault with intent to inflict great bodily injury and held in county jail on a 5 000 bond.
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John David Hakes
Eighth Street
Mercy Hospital
James Arthur Santee
Eleventh Street
Hakes
E Avenue NW
Santee
Western Dubuque boards backs $2 million bond plan
The Western Dubuque school board approved a citizens committee recommendation for a $2 million bond issue to fund additions at Epworth high school, Farley junior high, Cascade elementary, and a Farley PE facility. The vote is planned before Christmas, with no exact date set. This amount is half of last year’s $4 million defeated proposal.
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Dubuque
Western
Martwig Blames City Government for Growth Hamper
Martwig criticizes Cedar Rapids City Hall inefficiency and questions the mayoral six year term linking it to stalled industrial growth. She cites business losses to Marion and warns further losses if a city sales tax is approved. She argues Downtown small businesses suffer and tax dollars are misused.
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Martwig
Cedar Rapids
Marion
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City Hall
Pressure for Spanish Power Shift
Madrid AP report details mounting pressure on Spain to appoint Prince Juan Carlos de Borbon as chief of state while Francisco Franco clings to life. Bulletin notes Franco's fever down, stable blood pressure, and improved heart condition, but intestinal hemorrhaging persists.
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Spain
Juan Carlos de Borbon
Francisco Franco
Franco
Pardo Palace
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