Financial and Market News Slight Stock Gain
The Dow Jones average rose 0.25 at 88.61 as gainers led 26 to 5 on the NYSE with light volume around 11.22 million shares. Traders awaited word on a possible United Auto Workers Ford strike before Tuesday midnight, while Ford held at 55 7/8 and the NYSE composite edged up 0.33 to 55.89.
MENTIONED IN THIS ARTICLE
T New York
Dow
United Auto Workers
Ford Motor
Ford
NYSE
American Stock Exchange
Cedar Rapids hog market holds steady on Monday
The Cedar Rapids hog market remained steady as buyers paid 39.50 to 40.00 for local delivered butchers weighing 200 to 230 pounds. Sows around 100 pounds were steady, while heavier hogs faced discounts for each 10 pound increment. Cattle and related price notes from Des Moines and Sioux City accompany daily market summaries.
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Cedar Rapids
Men Charged With Fighting After Disturbance
Gary W. Williams age 31 of 1909 Gretchen drive SW was arrested for fighting and intoxication after a disturbance at Sixteenth avenue and B street SW at 8 55 pm Sunday. An officer saw Williams strike Robert Hewitt 35 of 2231 C street SW. Williams is free on a 250 dollar bond.
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Gary W. Williams
Gretchen Drive
Sixteenth Avenue
B Street
Veteran’s Public Safety Unit
Wiliams
Robert Hewitt
C Street
Williams
Federal Indictment on Mason City Man
Mason City man linked to federal case as market notes from Des Moines report tight trading in West North Central poultry markets. Demand remains good while prices show cautious movement amid limited sales and constrained supplies.
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Mason City
U.S. West North Central States
Des. Moines
Federal State Market News Service
Beans Slide on Chicago Trade June Limit News
Soybean futures fell to daily limits on the Chicago Board of Trade with declines in soybean meal and oil. By close, soybeans were down 20 cents a bushel as market sentiment cited a larger crop estimate from the agriculture department than traders expected. and cash grain and livestock quotaitons followed with mixed moves across corn oats and wheat. Des Moines livestock reports show fairly active trade with generally lower bids for butcher and feeder cattle and a wide range of weights sold, receipts tallied at about 90,000 for the period.
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Chicago
Chicago Board of Trade
Agriculture Department
Nelson Promises Shorter Sessions
Nelson, a Democratic candidate for the eighth Iowa Senate district, pledges procedural reform to shorten legislative sessions. Campaigning in Tripoli, Elgin, and Calmar, he urges a ten hour four day work week to boost efficiency and taxpayer savings, plus capped expense pay, strict agenda adherence, and committee consolidation.
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Oelwedy
Alex Nelson
Tripoli
Elgin
Calmar
Nelson
Iowa
Barnard Defends Heart Transplants
In Gainesville Florida AP report Dr Christiaan Barnard the South Africa surgeon who did the first successful heart transplant defends the procedures as not out of date He says nine transplants show they give patients productive lives from hopeless situations and criticizes claims bypass surgeries replace transplants at a news conference
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Gainesville, Fla
Christiaan Barnard
South Africa
Barnard
Storms Flood Britain but Dreuth Continues
Britain endures severe storms as authorities warn of a month of continuous rain needed to ease the drought. The National Water Council runs water-saving pushes while the Thames authority tightens restrictions for 12 million Londoners. Devon towns face Wednesday water cutoffs, with limited domestic supply from street taps as northeast rainfall reaches four inches and streets in Stokeley flood to five feet.
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London
UPD
Britain
National Water Council
Thames Water Authority
Devon
Stokesley
County Voters Approve Youth Facility Room Split Plan
Linn approved a plan to spend 12000 in revenue sharing money to split an eight person boys dorm into three double rooms and a single, add storage, a classroom and intercom. The change aims to improve security and privacy after staff overpowered incidents and allows housing more girls. bids will be sought with architect guidance.
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Linn
Gerald Fatka
Four Charged With Drunk Driving
Linn county deputies and Hiawatha police charged four persons with drunk driving after Saturday night into Sunday. Timothy J. Martin, 18, allegedly drove the wrong way on Highway 13 near Highway 151 east of Marion. David Jo Smith, 20, allegedly drove erratically in Coggon and sped away at more than 100 mph. Dale L. Allen, 50, Oak Brook trailer court in Hiawatha, allegedly had difficulty with his car in the Play-Mar lot. Emil H. French, 45, Robins, allegedly drove erratically on Robins road.
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Linn
Hiawatha
Timothy J. Martin
A Avenue NE
Highway 151
Marion
David Jo Smith
Grande Avenue SE
Coggon
Dale L. Allen
Oak Brook
Play-Mar
Emil H. French
Robins
Robins Road
Retired unionist to speak at Hawkeye Labor Council meet
Democratic candidate for Linn County sheriff Orlie Workman will address the Hawkeye Labor Council AFL CIO Wednesday at 1 pm at the P3 union hall 116 Fourteenth Avenue SE. Also notes Sheraton Inn opens with Restaurante diRto ma serving Italian and American fare until 10 30 p m Centurion Lounge operates 10 am to 2 am Monday through Saturday with live entertainment 3 pm to 2 am weekdays and 3 pm to 2 am weekends.
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Orlie Workman
Linn County
Hawkeye Labor Council
Afl-Cio
Union Hall
Fourteenth Avenue
Sheraton Inn
diRtoma
Centurion Lounge
Adv
Kek
Paul N. Grubich
Forest Drive SE
Four Cedar Rapids teachers win 3000 dollar DPI grants
Four Cedar Rapids area teachers received 3000 dollars in Teacher Incentive grants from the Town Department of Public Instruction. Mary Ann Kinney Ann Greason and Jerry Higgins earned 1500 dollars for Hey Duso Can You Sign. Ginny Hinkly and Higgins won 1504 dollars for Effectiveness Training for Teachers a New Model for Humanizing Schools.
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Cedar Rapids
Town Department of Public Instruction
DPI
Mary Ann Kinney
Ann Greason
Jerry Higgins
Garfield
Duso
Higgins
Ginny Hinkly
Fillmore
Theft Charge Arrest of Carlos Lopez Isaac in Larceny Case
Carlos Lopez Isaac, 20, detained Saturday at 4 15 pm on larceny in the nighttime charge. Accused of stealing a Citizen Band radio from George Nikodim s car parked Sept 7 at D I s lounge 4050 Bowling Street SW. Investigation continues. Isaac held in Linn County jail Monday with no bond set.
MENTIONED IN THIS ARTICLE
Carlos Lopez Isaac
George Nikodim
D.1
Bowling Street
Isaac
Linn County
One-Car Crash Near Lisbon Injures Teen Driver
Karin Novak, 19, of Route One Lisbon, was treated at a Cedar Rapids hospital and released after a Sunday night single vehicle crash on a county road about a mile south of Lisbon. Deputies said she lost control, the car rolled into a ditch, and no charges were filed.
MENTIONED IN THIS ARTICLE
Karin -Novak
Lisbon
Cedar Rapids
Linn
Quaker Oats Increases Dividend By Two Cents Per Share
Directors of Quaker Oats Co announce a quarterly dividend on common stock raised to 23 cents from 21 cents. The increase, tied to stronger earnings in grocery products, is paid Oct. 20 for holders of record Sept. 21. A JS cents quarterly dividend on preferred stock and a 52.39 dividend on $8.56 preference stock are also declared with Oct. 20 payment dates and Sept. 21 record dates.
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Quaker Oats Co
Quaker
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