Stock gains sweep broad market as Dow rises sharply
Financial and market news report a broad stock rally on Friday with the Dow Jones Industrial Average up 693 points to 207.35 at 1 pm. Advances outpaced declines nearly 3 to 1 on the New York Stock Exchange, with glamor stocks and sectors such as steels, motors, rubbers, mail order retail, farm implements, electronics, rails, airlines, building materials and drugs leading gains.
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NEW York
New York Exchange
Sinc Ten Ema
Wheat and grain futures mixed amid uneven markets
Chicago reports wheat futures up one cent as soybeans waver and corn dips about one, with oats advancing. Des Moines notes slow trade, cattle steady to higher, hogs mixed. overall market sluggish after a weak week. Production and livestock prices show varied shifts across regions and sectors.
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Chicago
Cedar Rapids Market Prices for Livestock and Poultry
The Cedar Rapids market reports show Friday hog prices for 210 to 239 lb butchers at 17.50 to 18.00, sows under 300 lb at 15.25 to 15.75, and lighter and heavier hogs with declines per 10 lb increments. Cattle, sheep, and poultry prices are listed with various weights, grades, and adjustments, reflecting a broad range of values for dressed cattle, heifers, cows, lambs, and layers.
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Jowa Hots
Des Moines
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FeRerci
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Chosing Erayneung
Orice Eng
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New York
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Herreos
Amelie
Baers
Gunn
Byram Hem
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Cain
Cedar Rapids
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Oman
Cerf Estate Valued Over Million in Will
New York AP reports Bennett Cerf humorist and publisher left an estate valued at more than $1 million. The will, filed for probate, leaves nearly half to his widow and distributes the remainder among sons Christopher and Jonathan and other named beneficiaries.
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New York
Bennett Cerf
Humonist
Frank Sinisa
Claudette [Colbery
Kitty Carliste
Christopher
Jonathan
Young Cedar Rapids Council Targets School Leaders Roles
Cedar Rapids mayor Donald Canney outlined goals for the city’s mayor’s youth council to seven high school student body presidents. The seven presidents and two representatives from each school will form the council, serving on two city boards or commissions each. Members will be elected within four weeks and ex officio on boards including human rights, urban renewal, transit, airport, library, recreation, and city plan commissions. The group aims to research offices they seek and avoid a popularity contest. Canney praised last year’s council and noted interest from other cities. Participants were Mike Bryant, John Meyer, Mike Corrigan, Pat Stepanek, Bark Jackson, Daniel Claes, and Steve Burl.
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Cedar Rapids
Donald Canney
Lon
Ted
Canney
Washington
Mike Bryant
Linn-Mar
John Meyer
Tegls
Mike Corrigan
Prairie Pat Stepanek
Kennedy
Bark
Jackson
LaSalle
Daniel Claes
Jefferson
Steve Burl
Marcos Orders Troops to Area Torn by Strife
President Marcos dispatched a military task force of over 200 to Lanao del Norte to curb Christian Muslim bloodshed causing large rural flights. Authorities report more than 60 deaths in weeks of ambushes and vendettas. officials met with Christian governor and Muslim congressman and ordered gun surrender or arrest.
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Manila
Ferdinand Marcos
Lanaos del Norte
Marcos
Lanao
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Emmanuel Yan
Fourth Street
Baby killed by gunfire in Belfast amid Northern Ireland violence
In Belfast on Friday a baby was killed as shots from a car struck a group near Falls Road. Gunmen, thought to be IRA, fled after an illusion of an army patrol. Police report IRA responsibility for the attack and related shooting incidents across Northern Ireland including a wounded British major in Londonderry and a defense regiment death at Kinawley.
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Falls Road
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Stonach
City Briefs and Notices From Cedar Rapids Area
A collection of brief notices mentions patients at University hospitals in Iowa City and St Luke's, with visitors policies and new hours. It notes Dorothy Ornstein as patient at 1649 Thirty-second St NE and Mrs HJ Murphy at 207 Quarry Street HL post surgery. Also included are local ads for Beauty and Barber Supply, Tastee Freez, Blue Cross Blue Shield relocation, theft report by John Morris at 83 Eighth Ave SW, and Mary Thomas appointed manager of Mam’selles Beauty Salon.
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Dorothy Ornstein
St Luke's
Murphy
Quary Street
St. Luke's Hospital
Mary Thomas
Mam'selles Beauty Salon
Bowling St
Alaskan Charts Stir Protest Over Waters
Gov. William Egan accuses the federal government of surrendering thousands of square miles of sovereignty by new Alaska charts. He warns the maps could invite foreign fishermen into US waters and allow foreign warships access, signaling rising tensions with President Nixon’s administration.
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Juneal
Alaska
State Department
Masha
William Egan
Egan
Nixon
Rom
Wessling
Vathh Coast
Euard
Public Employment Job Allocations Set at 62
Public job allocations for Cerrar Rapids public employment program set at 62 with the balance of a 488.80 dollar federal grant not expected to be completed until next week after a Friday morning review of job requests by city and local public bodies. The impact of Aug 20 charges alleging racist hiring policies remains unresolved as Ernest Merriweather, a city urban renewal member, comments on the situation.
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Cerrar! Rapids
Department of Labor
Ernest Merriweather
Brown
Iowa State Employment Service
Skyjacking Try Failed by Crew and Passengers
An Eastern Air Lines plane bound for Cuba was thwarted when a man armed with a pick-like weapon attempted to hijack it. He was subdued by crew and passengers, and the FBI announced charges filed with federal officials. The incident underscores ongoing security concerns and prompted investigations into hiring practices and equal opportunity provisions in local job programs.
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Miami
Eastern Air Lines
Cuba
FBI
Astronaut Physician Moving to New Post
Dr Charles Berry, longtime personal physician to astronauts, is leaving his post to assume a new assignment in Washington. Berry will transition from his current role to lead medical efforts in a different space program unit, according to officials familiar with the change.
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Washington
Charles Berry
Collins Employee Reductions Verified at Space Center
The space agency announced reductions in personnel as it staffs changes across divisions. A spokesman in Houston confirmed cuts while noting the extent of the workforce reduction has not been determined. The report mentions key figures and centers involved, including Collins headquarters and the Manned Spacecraft Center.
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The
Space Agency
Life Sciences
Collins
Houston
America
James Humphreys
American Board of Surf
Philadelphia
Cedar Rapids
Edgewood Road Reopened to Through Traffic
Edgewood road NW reopened to through traffic between Highway M and O Avenue at 3 pm Friday, per the city engineer. The section had been closed for pestaving construction for the past several months.
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Edgewood Road
Final Audit for 1969 Flood Costs Slated Sept. 15
Federal official to oversee Cedar Rapids final audit of city flood expenses from 1969. Public Services Director Richard Jensen says the audit aims to release remaining federal share, about 125000 dollars, with roughly 75000 already received. Funds will cover nearly all of the city’s flood expenditures.
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Cedar Rapids
Public Services
Richard Jensen
Seisen
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