Gradual Stock Rise After Prime Rate Cut Hints
New York stocks edged higher as the Dow Jones industrial average rose 4.07 to 983.38 amid a rate cut move by the Southwest bank of St. Louis from 7 to 6 3/4 percent. Volume reached 12.16 million on the Big Board as investors hope for wider reductions by major banks. Citibank prepares to announce its prime rate Friday morning. The NYSE composite gained .25 to 5.92 while the American Stock Exchange index added .27 to 102.50.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Southwest Bank of St. Louis
Citibank
NYSE
American Stok Exchange
Cedar Rapids hog market declines amid weight based cuts
The Cedar Rapids hog market fell 50 cents on Thursday with bulk deliveries at 37.50 to 38.00 for 200 to 230 lb butchers. Heavier 230 to 240 lb hogs were 25 cents lower, 240 to 260 lb down 50 cents per 10 lb, and over 260 lb down 75 cents per 10 lb. Sows steady around 31.50 to 32.00. Sheep prices for spring lambs ranged 39.00 to 40.00. numerous cattle and stock quotes follow from regional markets and futures.
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Cedar Rapids
New York
Rome
Poirick
New York Stock Exchange
Rolston
Rolston Pul IS Sé She $1” Slee Oe Wive Bail Feet 2B Sitet Bsg
Gsee
AldSir
Ssu Grumm
AliisChat
Hottie
Miskea
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Harris
Brteghire
Holty
Ampex Corp
Honywell
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U.S
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Hoesen
Searle
Sears
Shell Oil
Ie & A
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Hoss
Kongen Lee
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Livestock Futures
Chicago
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Shearson Chryster Ise
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Hayden Stone Inc Cificers
Envoyel
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toroxCa
GeenCal
UniTel Comwe
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Shearson Ebués
Hayden Stone Inc
T ConFos
Maral
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Ny Inv
Lin
Veewit
ContiCa
Iz Mobil
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Morasco
Wachova
Mons
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Iowa
Des Moines
Soa
Ion
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Associated Press
Webster City
Wesster City
Byatt le & Ae
Larae
Grace A. Qs Neen
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Nora
Uae
Exxon
Owen
Pat Retsito
Sioux City
Heifers Choice
Shese
UPI
Iowa Supreme Court to hear mental health injunction Sept 24
Des Moines reports the Iowa Supreme Court will hear Sept 24 arguments on a temporary injunction sought by the Mental Health Association of Iowa opposing a medium security prison at Mt. Pleasant. Also includes mixed commodity and livestock market data from Sioux City and Chicago.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Supreme Court
Mental Health Assn. of
Iowa
Mt. Pleasant
Beans Fall Corn Higher In Early Market Report
Chicago AP and Des Moines UP I wires show soybeans down 13 cents, corn up 2 to 4 percent as grains rally late. Wheat and oats rise modestly amid overall trading. cash grain quotes mixed across Chicago and Des Moines with livestock and eggs also noted.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Kopel Suggests School Votes Every Two Years
Linn Auditor Merle Kopel proposes biennial school elections to cut costs. He cites county turnout about nine percent and voters per ballot, noting prior costs of 16 580.61 in 1973 and 13 702.91 in 1974. He plans to present the idea to Rep Bill Monroe.
MENTIONED IN THIS ARTICLE
Linn
Merle Kopel
Kopel
Marion Independent
Cedar Beaues Community
Alburnett
Center Point
Agency Forms Freedom of Information Council in Iowa
Des Moines hosts an organizational meeting on Drake University campus October 21 to form the Iowa Freedom of Information Council. The coalition includes Iowa Daily Press Assn Iowa Press Assn Iowa Broadcasters’ Assn and Des Moines Register and Tribune Co to defend open government, reform open meetings and fund journalism rights. First-year goals include building an emergenc y fund to challenge media restraining orders and argue for public access. Headquartered at Drake School of Journalism with activities starting 11 am October 22 on Olmsted Center second floor. Open to citizens and media members.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Publishers and Broadcasters
Drake University
Iowa Freedom of Information Council
Friends of the First Amendment
Iowa Daily Press Assn
Iowa Press Asan
Iowa Broadcasters’ Asm
Des Moines Register and Tribune Co
Iowa
Drake School of Journalism
Olmsted Center
Drake
Again Elects Richard Buresh as Cedar Downtown President
Richard Buresh of 540 Knollwood Drive SE was reelected president of Greater Downtown Cedar. New vice presidents include Arthur Heusinkveld Hal Haines and James Seifer. Other officers are Robert O'Meara treasurer Richard Scherling corporate secretary and William Poborsky executive director.
MENTIONED IN THIS ARTICLE
Richard Buresh
Knollwood Drive
Downtown Cedar
Arthur Heusinkveld
Hal Haines
James Seifer
Robert Omeara
Richard Scherling
William Poborsky
Robert Faxon
Robert Hach
Joanne Karns
Russell Knapp
Jerry Miller
Louise Nordstrom
John Rice
James Seifert
Haven Simmons
Edward Bartz
Harold Miller
John Collins
Joe Enzler, Jr
Nen
Robert Miller
Leo Peiffer
Armstrong
Becker
Peter Bezanson
Buresh
William Coppock
Hach
Haines
Kenneth Hastie
Donald Hattery
Heusinkveld
Abbott Lipsky
Scott McIntyre, Jr
O'Meara
Ted Paulson
Scherling
Seifert
van Vechten Shaffer
AL. Smulehof
Robert Tibpitts
Lew van Nostrand
Harold Wendorf
Jerry Milier
Pohorsky
AT&T Reports Over $1 Billion Quarterly Profit
New York AP reports American Telephone and Telegraph Co. posted a quarterly profit of 1.021 billion dollars for the three months ended August 31, a record for any corporation in a single quarter.
MENTIONED IN THIS ARTICLE
New York
American Telephone &Telegraph Co
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Thurs
Sheerson Mayden Stone Inc
Arins Fued
Am.Rein
Moe
Amebriwe Aroner Daniels
Borks Sone Doe IP
Beatrice Foods
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Wanamn Vanes TE
Vietcesneten
Hornischiar, Snannentnenaraterrencani
Howkeve
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Aaa
Heath Management Services
Woodes, Grork
Atone
Pixall, Inc
Rockwell
Wa Syntex
United Fire & Casvetty
United Guarann U Univers U Victor Corp
Winnebago
Aye
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Gafco
Fitzer
Stoncora
Sandard
Conner
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Omaha Livestock
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Colorado Norphias
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Reds
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Enron
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London
Goit
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Burlington
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Freedom of Information
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America
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Chuck Reynolds
Palmira Way
Columbus
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Rollisville
Oran
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