Market slides as investors fret over rising rates in New York
The market extended losses as concerns over higher interest rates weighed on traders. The Dow fell 46.92 over five sessions, trading near 744.19 by midafternoon, with losers ahead of gainers on the NYSE and notable declines for Mapco and Rohm & Haas. Falcon Seaboard rose after merger plans exchanging 12 Mapco shares for each Falcon Seaboard share. The NYSE composite slid to 43.72 while the Amex declined to 2.46.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Mapeo
Falcon Seaboard
American Stock Exchange
Mapco
Rohm & Haas
NYSE
Bittaiap Wrices Ank
Lisbon Absentee Ballots Available for Council Term Extension
Absentee ballots are available for Lisbon's election on extending council terms to four years. County official Merle Kopel states residents who cannot attend on election day may vote by absentee at the elections office in the courthouse basement or obtain ballots by mail. Mail ballots require a written application with the voter's name address mailing address election name and date and the voter's signature.
MENTIONED IN THIS ARTICLE
Lisbon
Merle Kopel
Cedar Rapids hog market steady on Monday prices
The Cedar Rapids hog market Tuesday shows steady demand with prices paid Monday for country and plant delivered butchers weighing 210 to 240 lbs around 59.75 to 60.25. packing sows 30 lbs down to 58.50 to 59.00. butchers over 244 lbs receive 25 cents off per 10 lbs to 260. further reductions apply up to 500 and beyond.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Omaha
DES Moines
USDA
Minnesota
U.S
UPI
Hanon
Sheong
Hiahor
Grain and Livestock Prices Across Markets Reported
ADes Moines market note reports steady to slightly higher cattle and hog prices with mixed demand. Livestock quotes include steers and heifers around steady to up modestly, hogs up to about 25 cents, and grain futures for yellow corn and soybeans listed alongside regional market activity.
MENTIONED IN THIS ARTICLE
Des Moines
Pvdivat
Tueeday
Mader- Tate
Joliet
Chavez Warns of Teamsters Plot Against UFW
Cesar Chavez says California farm election law mismanagement by state officials has allowed a grower Teamsters conspiracy to prevail. He told reporters that all elections held under the new law have been tainted and vowed to challenge elections his union Walon has lost to the Teamsters.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
Cesar Chavez
United Farm Workers
California
Teamsters Union
Detour Planned on Kirkwood Boulevard For Road Work
Detour announced for Kirkwood boulevard SW between Miller avenue and Oklahoma avenue with detours via Miller avenue J street and Oklahoma avenue. Work begins this afternoon or early Wednesday and may last until January 15. No parking on the south side of Miller avenue between Kirkwood boulevard and wide street during the detour.
MENTIONED IN THIS ARTICLE
Kirkwood Boulevard
Miller Avenue
Oklahoma Avenue
J Street
Jowal
Kirkwood Buuluv
Wide Street
Grains Score Strong Gains On Tuesday Futures Rally
Chicago sessions close with soybeans up 1 to 13 cents, corn up 6 cents, wheat gaining 2 to 4 cents, oats advancing 4 to 6 cents. September futures quoted for soybeans at 8.77 and wheat around 4.19. Hogs trade at Des Moines with steady to higher bids. cattle and grain prices show broad gains across markets amid moderate demand.
MENTIONED IN THIS ARTICLE
Chicago
Lameon Brothers
Nawarabirins Pe
Basab Jay
JOLIE
UPL
Waliesday
Cate
Leased Housing Authority Expands Cedar Rapids Units Expected
The Cedar Rapids Leased Housing Authority received FHA authorization for 126 more leased units. The program provides about 227000 dollars yearly in federal rent subsidies for existing structures. Eighty five units will house elderly residents, including one bedroom and efficiency flats, with the remainder for non elderly tenants.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Federal Housing Administration
FAA
FHA
AIM Debt to C R Reduced by Anonymous Donor
The American Indian Movement base in Cedar Rapids reports most of its assessed camping dues paid after an anonymous donor contributed 300 dollars to settle remaining charges. Only 25 dollars owed to the parks department and 130 dollars in parking fees at People's Church remain unpaid. The donor is linked to a religious organization and requested anonymity.
MENTIONED IN THIS ARTICLE
American Indian Movement
AIM
Cedar Rapids
Parks
Stan Reinis
Reinis
AIM Group
Seminole Valley Park
Wounded Knee
S.D
Parks Department
People’s Church
Reinls
Trial to Settle Dubuque Firm Ownership Begins
A civil suit over disputed stock in a Dubuque trio of firms valued above $1 million opens in Cedar Rapids. Saul Greenstein, president of Inland Molasses Co, Dubuque Tank Terminal Co, and Dubuque Bulk Transfer Co, alleges Daniel Gees and Greenstein's wife Florence gained majority control via fraudulent stock moves. Greenstein, an initial equal partner with Robert Publicker, seeks profits split or damages up to $1.6 million plus $100,000 punitive. non jurors expect several days of hearings.
MENTIONED IN THIS ARTICLE
Dubuque
Cedar Rapid F
Saul Greenstein
Inland Molasses Co
Dubuque Tank Terminal Co
Dubuque Bulk Transfer Co
Daniel Gees
Philadelphia
Green
Florence
Greenstein
Greer
Robert Publicker
Fort Lauderdale
Fia
Greetstein
Mom
Afi
Publicker
Himiself
Valis
Bart
Grea
Kissinger warns of oil price hike consequences
Secretary of State Henry Kissinger warned at the Southern Governors Conference in Orlando that another rise in foreign oil prices could jeopardize U.S. relations with oil producing nations and hinder global economic stabilization. He outlined a U.S. aid request to Israel and urged quick action by Congress and industry to conserve oil and seek alternative supplies. Kissinger also said Israel would receive less than 2.5 billion dollars following a new Middle East interim settlement.
MENTIONED IN THIS ARTICLE
Orlando
Fla
Henry Kissinger
U.S
Kissinger
Ford Administration
Israel
ISS
Sita
Congress
White House
Middle East
Hourly story hour at Edgewood library branch
A Cedar Rapids news brief reports a preschool story hour set for Wednesday from 1 18 to 1 35 PM at Edgewood branch library 221 Edgewood Road NW health center Linn County board to meet at Camp Courage Monticello for a retreat Saturday at 47 Hospitalized Delilah Selbicky at Mercy Hospital visitors allowed for humane contact.
MENTIONED IN THIS ARTICLE
Edgewood Branch
Edgewood Road
Linn County Health Center Board
Camp Courage
Monticello
Delilah Selbicky
Tenth Avenue SE
Mercy Hospital
Mt Vernon Man Arrested On 3 Counts
Mt Vernon man Michael Chifese, 20, was arrested late Monday on three charges including resisting an officer, reckless driving, and striking fixtures. Police stopped the vehicle in the 3100 block of Firet avenue E after reports of a car matching the description damaging property near Nineteenth street. After a struggle, officers subdued him and booked him. he was later released on personal recognizance.
MENTIONED IN THIS ARTICLE
Michael Chifese
Mt. Vernon
Palice
Ghifest
Firet Avenue E
Nineteenth Street
Ohifest
Saii Ohife
Federal Count Filed Against Florida Man
A Florida man picked up by Cedar Rapids police Sunday on suspicion of driving a stolen car was charged by federal authorities Tuesday with interstate transportation of a stolen vehicle. He also faces a federal kidnapping charge in Georgia and was held in Linn County jail awaiting transfer. the case involves multiple state and federal actions.
MENTIONED IN THIS ARTICLE
Florida
Iran
Cedar Rapids
Michael Atkins
Michael Clhearts
Georgia
Lian County
FBI
Iman
Also Mentioned on This Page
Iowa
van Arte
Ieee
Ste Balen Tan
Tess Angora
Telex
Asdorg
neStind
Alfnra Ute
Neem
Portal
Brecha
Binnite Ias
Bourg
Ina Ip BarWor
Shea
CastiCk
NotCag
Eolanse
Ralyp
CenSow Ls
Chan Chasen
Chessle
Ski Citeare
Clarke
ComEd. le
Comeus
GoniGs
Air Lin
Goa
Barish
Breda Emi
Evoss
Ralston
Isa Ho
Ma Bee
Associated Press
Gearon Bayt
Ea Rein
Harnischtorer- Hawkeve Baccareiva Health Management
Intersinie
Eng Lowa Electric
Walefond- Ik
John Detriese
United Guaranty
Wietor Carp
Ae Winnebape
Ae Reese Renee
CR. Markets
Tattle Market
Hionehalee
Ives
Yale
Uh Chase
Prin Starn
US West
Nori Central States
Faterol-stite
Wenange
Jane Illy
Sioux City
Choice
Walter
ASOD
Webster City Livestock
Webster Chy
Central Jone Livestock Market
Udiie
Tully
York
Raney Forge
Yancy Smalls
Adeauetts
Waterloo
Buicherc
Utant Deviuery Hatchers
ARI — Fuliines
Irecina Sondoy
Chavez
Teamsters
UFW
Grudt
Wisconsin
Washington
Colorado
C.R
Merta
Temple Judah
Neck North
S.E
32Nd St
Sharpay
Pnt
Slickney
Marian
Lorenz
Sanders
Twenty-seventh Avenue SW
Tedar Rapids
South 11Th St
Dud Geand
Marion
Clarence Johmson
Agw
Jowa Barber Shop
Frank Rhea
Thirty-ninth Street
Cedar Valley
Amatone Radio Club
United Way
Third Avenue SE
Nelson's Grocery
Larry's Archery Shop
66Th Ave
Quality Garage Saly
Loth Ave
W — Adv
Kathy Laweerue
Launck
Maeion
Ronald Meyar
Ninth Street
Air Force
3Rd St
Dennis McMurrin
Dusve A. Weaver
Sixteenth Avenue SW
MonLoose
Tufus Johnson
Seventh Avenue SE
Wrown
White
Mark
Rocky
Johnson
Goku
Ambroz Center
Sub
Ady
Robert Spyder
Mitchell
Cedar Rapids Steel Transportation
Sixteenth Avenue
Eve
Call Family Service Agency
Jovie Atwater
C Avenue NE
Bob Hersons
Pat van Natta
Park Townecourt
Tre
7Th St
Wynelt Stroleny
Tommy's Restaurant
Isl Ave
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