Stocks Fall on Banks Rate Cuts News in 1878 Market Wrap
New York traders faced a quiet session Friday as fears over New York City financial distress weighed on sentiment. The Dow Jones 30 slid 6.08 to 433.44 while the NYSE composite fell 25 to 46.93 amid weak volume and cautious activity from investors. Tennero traded unchanged at 24 3/8 as Bates Manufacturing eyed a tender offer for 426,000 shares at 30.25.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
New York City
Tennero
Bates Manufacturing
American Stock Exchange
Spilled Milk Delhe Part of 1 9,000 Jam-Trailer Incident
A driver swerved to avoid a deer on highway 3B south of Martinsville. The vehicle overturned in the spill, spilling milk and 9,000 units of merchandise. No serious injuries reported.
MENTIONED IN THIS ARTICLE
Delhe
Leste Lucas
Martinsville
Tad
Here
General Drop By Futures Slump on Wheat and Grain Futures
Chicago and Des Moines reports show wheat futures down 4 to 9 cents a bushel with December at 3.864, soybeans 2 to 7 lower, November at 4.31, and corn 2 to 5 lower as cash grain movement and livestock trading faced middling demand. Prices across the Board reflect modest declines in wheat, soybeans, corn, and related grain values amid market pressure.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Bee
Second Largest Bank Cuts Prime Rate Again
New York AP report says the city’s second largest commercial bank reduced its prime lending rate by a quarter point to ten percent, marking a second cut in two weeks and sending the rate to its lowest since August. The move lowers loan charges for business borrowers following a forecast by the Federal Reserve.
MENTIONED IN THIS ARTICLE
New York
City Bank
Maton'n
Comercial
Cutite
Maid Atyguet
Fire National Bank of St. Louis
Fragmentary notes on public school precincts and civic sites
Readable fragments reference multiple public schools, precincts, and civic buildings including Central Street, Woods Road, 401 East, and 3000 Pioheer. Mentions YMCA, various precincts, and local school names with scattered street references, suggesting an index-like listing of locations and facilities.
MENTIONED IN THIS ARTICLE
Rta
Ceaat
Il Seung
Heal
Monrot
School
Nt Guar
Sune Reciggt
Tyler Senool
Cedar Rapids Friday Market Report With Varied Livestock Prices
Cedar Rapids market Friday shows bulk cattle delivered 200 to 230 lbs at 50.50 to 51.80 dollars, packing sows 300 lbs and down at 46.00 or 45.50, and various weight discounts for steers and packers. Sheep and lambs prices listed with delivery details amid mixed regional pricing cues and notes on weight breaks and yield estimates.
MENTIONED IN THIS ARTICLE
Des Moines
Cedar Rapids
House Panel Approves NYC Loan Guarantee Aid
The House Banking Subcommittee advanced a bill offering New York City up to $7 billion in loan guarantees, about $2 billion more than Gov. Hugh Carey sought. President Ford threatened a veto. nine Democrats backed the measure, two opposed it, and Rep. Stewart McKinney was the lone Republican in support. The figure reflects consultations with New York officials amid varying federal approval expectations. The bill moves to the House Banking Committee as the Senate already approved up to $5 billion in guarantees.
MENTIONED IN THIS ARTICLE
Washington
House
Bil
New York City
New York
Hugh Carey
Ford
GOP
Stewart McKinney
Connecticut
Carey
Cedar Rapids Breakin Reports Fill Local Briefs
Cedar Rapids residents report multiple thefts in recent breakins. Wil lam Lotus at 1723 Hollywood Blvd NE says two radios a 23 inch TV two cases of beer and jewelry valued at 721 dollars were stolen. Cheryl Gullickson at 1642 Hillride Dr NW reports a 115 dollar watch stolen from a dental counter top. Bill Jennings at 267 Jocelyn Dr NW reports assorted tools valued at 464 dollars stolen from his garage. Lois Oswald at 1437 H Ave NE reports assorted clothes valued at 9 dollars stolen from Snow-White laundromat. Local sales, ads, and events listed for area shops and churches.
MENTIONED IN THIS ARTICLE
Breakin
Willam Lotus
Hollywood Boulevard
Cheryl Gullickson
Hillride Drive
Piret Avenue
Bill Jennines
Jgcelyn Drive
Lois Oswald
H Avenue
Ford profits rise 19 percent in third quarter
Ford Motor Company reports a 49 percent jump in profits for the July September quarter, earning 56 million dollars on sales of 6.1 billion. The gain follows a tough year with energy crisis and recession, as Ford, GM and Chrysler rebound. Ford calls the results turning the corner, while GM posts 243 million and Chrysler 79 million losses in 30 year high.
MENTIONED IN THIS ARTICLE
Dearborn
Mich
UPI
Ford Motor
Wall Street
Ford
Henry Fordei
General Motors
Chrysler
Also Mentioned on This Page
Kopidesett
Impaiina
Nantes
Leo
Gence Ag
Lou Airimarn
John
Swakélat
Max Meeke
Shesb
Lew Lee
Pate
Mena
Metheny
Mian
Wolves
Kent
Merit
Orion
Rover
Croentiek& Crwtel
Panahy
Rengein Estons Re
Eoin
Sannen
Priday
Lamson Brothers
Doren
Pia
Corton Gwiveroa
Matey
YORK
USO
Faricus
Yin
Poney
Aewe
Fay Chaney
Foney Amonds
Buller
Ath Wein
VaNes Ta Bania Banks of Law
Nis
Beatrice Foney
Cunhaey
Uwalidated
Gunrtaman Sna Huinlsettyer RS
Knute H Esser
Bite Investora Itc
IV Corp
Manice
Saayroy
eCard Gord
Weare Min Amonico
Mit
Tern Mrocke
Jane Gladi
Poxail
Quaker
United Fire Gaymanty
United Guaranty
Victor Coro
Gricago
Fiat
Yeltow
Noduer
Onka
Wev
Sea A
North
Canton
HES Moines
Morkel
Ted
Cenls
War Sas
Suries
Monty Tai
OWA Farm
Fedeal Gate
Incoviivs
Grudy
Carade
Mediun
Manly McGrace
Abe
Maanly
Fliciey'n
Auokinian
Trainisnysan
Brother A
Goly
Lions Ity AR
USA
Souk Gvlyektaehs Onorsar Ipaatnar
Bufelees Slaw
Katte
Omaha
Usua
Gateuay
Joliet Livestore
MUPI
Kivestock
Cate
Chakee
Orline
Joy Fobruoen
BRST
Murer Essan Mar “Ri
Pere Cattir
Suda Aviations
Tram Laman Arginers
Mart OG
Oad
Hpi
Dres
Ragular
Orm Vm
Portis
Sam Pas Hyee Toy Dwo
EOE
Eeipete Artield SeRoat
del Artrut School
Gore
Pinsent
Wilson
Ion
Buteh
Stapigart
Beesitey
Hoover
Qepie EaiSrewne
Laer
Cedar Ropits Sheen
Nooveil Suybeuna
Ibn Tole
Hiawatha Garda Center
Carmie Lou
House of Music
Mae
Center Point Road
Weer
All Saints
Dam
To & Pm
Dalewood St
Roy Evanovich
Fifth Avenue
Marion
Thurarlay
First Avenue SE
Hoover House
West Brantch
Iowe
Bola Ave
Tech
Montrose, Doors
Buresh Rental
Rydér Truck Rental
Focal
One
Adv
4Th St. NW
Ea Ellis
Springvile Lions Club
Legion Hall
Springville
Moose
House of Trophies
Athe “the Crucible
Gage
Keith Schuite
Dale Scfrite Construction Co
Swisher
F Avenue NW
J. Wathinson
Barch Avenue NW
Denée
20Th St
Glenn Pike
Kesler Toad
Hie
Temple Sedat
Gailord W. McMurray
Marine Corps Reserve
Nee Junior
Roy Brown
Harry A. Bulings
Fale Ady
Security Savings and Loan i
Ernon Rd
Ene
McCune
Marilyn
Tony
Evy
Carendars
Selssroom AY
Third Ave
Cedar River
Comets
Wits
Ogamenus
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