Stocks Turn Lower Amid Profit Taking On NYC Losses
New York stocks eased on Thursday with the Dow Jones at 829.32, down about 6 points as gainers lagged, amid profit taking after last week's rise. The July federal budget deficit of 4.05 billion was reported as a calendar-month record. Gold shares fell as IMF talks touched off plan for aid to poor countries.
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NEW York
New York — Stock Exchange
Ning
New York City
London
International Monetary Fund
NYSE
Cedar Rapids Hog Market Slips in Monday Trading
The Cedar Rapids hog market was down on Monday as buyers posted bids for country and plant delivered butchers weighing 240 to 249 pounds at 97.50 to 88.00 dollars. Packing sows under 300 pounds traded near 51.00 to 51.50, with price adjustments for weight bands and grade. Packers faced discounts: 25 cents off per 10 pounds from 300 to 360, 30 cents per 10 pounds to 500, and 75 cents per 10 pounds above 506 pounds, varying by weight and grade.
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Rae
ASA Ltd
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Cedar Rapids
Monachy
DES Moines
USDA
Minnesota
U.S
Market report shows mixed cattle and hog prices across Iowa outlets
The Des Moines and neighboring markets publish varied quotations for cattle and hogs. Slaughter steers and heifers show steady to weak demand with mixed prices, while feeder cattle and sows trade lower or steady. Eggs, grain, and dairy items appear with fluctuating quotes from Des Moines to Joliet and Omaha, reflecting a broad regional activity.
Quaker Oats Posts Higher Sales In 1975 Despite Earnings Dip
Quaker Oats Co reports fiscal 1975 sales up 13 percent to 1.34 billion while net income falls 22 percent to 31 million. Earnings per share come in at 1.45, down 24 percent, with a 19 cent after tax charge linked to eliminating certain liabilities. CEO Robert D. Stuart Jr. cites strength in consumer foods like oilmeal and corn goods, but notes declines in ready to eat cereals and pet foods amid a recession that hits toy divisions hardest. Chemical division and smaller units such as Needlecraft and Magic Pan restaurants show better results.
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Chicago
Quaker Oats Co
Robert D. Stuart, Jr
Marx
Fisher-Price
Quaker
Smalter
Needlecraft
Grain prices fall with mixed oats and soy on April market
Chicago reports wheat down 6 to 9 cents, corn 6 to 7 cents, soybeans off 5 to 6 cents amid heavy selling and profit taking. Oats weaken with irregular losses as weather shifts influence trade. Nearby markets in Webster City and Des Moines show mixed livestock and frozen pork movements, with US dairy and meat products fluctuating amid transport and demand shifts.
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Chicago
CPI
Cause of Viking Delay Baffles Space Engineers
Cape Canaveral officials say they have no clear idea what caused the malfunction of the Viking 2 orbiter radio system delaying the launch of Viking 2 until Sept. 10. The issue, detected Sunday, affects data transmission from Mars and may push back further delays depending on engineer findings.
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Cape Canaveral
Fla
Viking
Red Planet
James Martin
Earth
Mars
CURE Meeting on Energy Sources 1975 Topic
City brief notes a 7 p.m. Thursday Citizens United for Responsible Energy meeting at People’s Citren 600 Third Avenue SE Runaways located. Call Gormian 394-4583 for details.
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CURE
Citizens United For Responsible Energy
People’s Citren
Third Avenue SE
Gormian
Parents Organization
First Lutheran Church
Pair Held on Charges of Assault and Resisting
Louis Lopez and Lewis Bishop both 19 of 168 Fourth Avenue SE were charged with assault and resisting arrest after a late Monday scuffle near Eighth Avenue SE. Officers halted them on four traffic warrants for Lopez. Lopez allegedly struck an officer. Bishop joined the scuffle. Both were cuffed and jailed with bonds set at 425 and 250 dollars respectively.
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Louis Lopez
Lewis Bishop
Fourth Avenue SE
Euch
Eighth Avenue
Eighth Street SE
Lopez
Bishop
Linn County
Gold Hits 18 Month Low On Bullion Markets
In Zurich, bullion prices fell to an 18 month low of 149.79 dollars per ounce after a 5.50 drop from Monday's close. The market opened steady for two hours but declined sharply within an hour on Tuesday trading.
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Zurich
Switzerland
Man Arrested for Contributing to Delinquency of Minor
Donald Nathaniel Ellickson, 18, of Cedar Rapids, was charged with contributing to delinquency after allegedly giving two 15-year-old boys jimsonweed seeds and claiming they would cause three days of high. One boy was admitted to St Luke's, later released. Ellickson already faced a larceny warrant and is held on $806 bond.
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Donald Nathaniel Ellickson
Toute One
Cedar Rapids
St. Luke's
Ellickson
You Know NEW YORK Framework of four steel supports
New York report states Gustave Eiffel designer of the Statue of Liberty framework of four steel supports by Gustave Jaffel.
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New York
UPL
Gustave Jaffel
Bridge Area Off Limits To Cyclists
County Engineer Bill Harrington warned motorbike and motorcycle drivers that the area north and west of Edgewood road bridge remains off limits. Keep Off signs were repeatedly torn down in the past, leading to a pause in erection, but signs were reinstalled after a landowner complaint. Trespassing charges may apply for crossing county right of way onto private property.
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Bill Harrington
Edgewood Road Bridge
Harrington
Dick Wenzel
Bus Riders Tell Ordeal Of Holdup
DETROIT AP shows bus passengers endured a Greyhound hold up as two bandits pistol whipped travelers and stole cash and jewelry totaling at least 15000. A mother was forced to undress during a search for money. The Chicago to Montreal bus ended in Detroit where bandits fled in a waiting car. Police link this to another Michigan Robbery a week earlier on a Detroit to Paducah route.
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Ypstlanel
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Canada
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Sentence suspended in morals case in Linn County
Poland, 45, of 545 Verran Drive SE, received a suspended five year prison sentence in Linn District Court on a charge of lascivious acts with a child. Judge August Hansell placed him on probation for five years and ordered counseling with a psychiatrist. Poland had no prior felonies or misdemeanors. Two others pled guilty in Linn District Court: Eugene L Norris for larceny over $20, sentenced Oct. 2. Edward E Holmes Jr, 18, guilty to attempted breaking and entering, sentencing deferred and placed on two years probation.
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Poland
Verran Drive
Linnedhistrict
August Hansell
Department of Advic Correction Services
Honsell
Hansell
Linn
Eugene L Norris
Northwest Side
Edward E. Holmes, Jr
Glacier icebreaker freed to patrol near Barrow Alaska
Free from ice the Glacier icebreaker will continue patrols near Ft Barrow Alaska until its scheduled return to Long Beach California at month end. Coast guard officials provide the update.
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Long Beach
Calif
Contique
Ft. Barrow
Alaska
Coast Guard
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