Stock Prices Climb on Bank Rate Cut Optimism
The New York market rose as prime rate cuts sparked optimism. The Dow Jones 30 edged up to 998.34, with a broad gain and 15.53 million shares traded by mid afternoon. Traders expect the Fed to ease policy after Morgan Stanley and First National Bank of Chicago signaled rate relief. The NYSE composite rose to 103.73, up 0.35.
MENTIONED IN THIS ARTICLE
New York
Chicago
Dow Jones
New York Stock’ Exchange
Dig Board Vuluw
Tive
Nell
Bakers
Macy Iovestore
Federal Reserve
Fed
Open Market Committee
Morgan Es ‘Teast
First National Bank of Chicago
Ta Nyse
Inlex
Cedar Rapids market slips as cattle prices edge down
Cedar Rapids buyers saw Monday livestock quotes ease with feeders and butchers split. Prices for bulk cattle ranged around 37.00 to 37.50 for 230 to 230 pounds, while packing sows held around 31.00. Offs applied to heavier weights beyond 260 pounds, and pockets near 400 pounds faced reductions. Also noted are scattered futures and market reports from Chicago and Webster City as the day’s activity closes.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Presidential Author Brant Dies Amid Turbulent Market Report
A political obituary notes the death of a prominent presidential author Brant. Concurrent livestock and commodity pricing sections outline Monday trades, grain prices, hogs, cattle, and poultry with specific bids and regional market notes from Des Moines and Chicago.
Beans Dip and Corn Mixed Markets Dip on CBOT Trading
Chicago AP notes soy bean futures fell on the Chicago Board of Trade as most commodities slipped though some minor recoveries appeared in corn. Soybeans dropped 44 to 18 cents, wheat largely steady to down, and corn mixed. Joliet livestock quoted steady to lower with cattle and hogs showing modest shifts amid receipts estimates. Midwest reports show slow meat and produce trading with limited price moves across grains and fats.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
C R Man Held On Gun Charge
Edward A Lee, 43, of 1113 Seventh Street SW, was arrested Saturday night on a concealed weapon charge. Police stopped him at 3:02 am after information he carried a handgun while at the 420 Club, 420 Fifth Street SE, allegedly found with a .22 caliber revolver. He remained in the Latin County Jail under a $6,000 bond Monday.
MENTIONED IN THIS ARTICLE
Edward A Lee
Seventh Street
Lee
Fifth Street
Latin County
Three Charged With Drunk Driving by Local Agencies
Linn deputies, Hiawatha police, and Robins police arrested three suspects after drunken driving incidents late Saturday into Sunday. Gregory A. Wiggins, 20, of Dealer Point, was taken into custody by Hiawatha police for erratic driving. James F.L. Kimmegie, 30, of Rowley, was detained by deputies after alleged erratic driving on Highway 50. Mark W. Altman, 22, of Cedar Rapids, was arrested by Robins police for suspected intoxicated driving.
MENTIONED IN THIS ARTICLE
Linn
Hiawatha
Robins
Gregory A. Wiggins
Route Ong
Dealer Point
James FL
Kimmegie
Tontcote
Rowley
Smith
Center Print
Mark W. Altman
Route Two
Cedar Rapids
Cedar Rapids Briefs Highlight Local Notices And Ads
Cedar Rapids items include rescheduled St Luke's hospital annual meeting for Oct 26 at the hi board. local ads for flowers Piersons and Avenue Floral. lost pets and valuables reports. police reports of entered cars and stolen items. travel ads for tours. a student elected to Clarke College board. Revived theatre organ event. and community notices about church, real estate, and local services.
MENTIONED IN THIS ARTICLE
Hi Board
Af Dhesen Tore
St. Luke's Methodist Hospital
Keren ‘Vale
Pairfax
Clarke College
Coloque
Burglars Ignore Tear Gas In Office Safe Heist
Burglars who broke into Brandle Transfer Line Inc at 1696 Tenth Street SE over the weekend forced the safe dial, triggering a tear gas bomb. They removed cash and broken glass, used a fan to vent gas, and wore masks as they escaped. Police noted the break‑in occurred Sunday.
MENTIONED IN THIS ARTICLE
Brandle Transfer Line, Inc
Tenth Street SE
Wes
Nabbed On Drug Count In Cedar Rapids Trio Arrested
Cedar Rapids police charged Robert Geiger 18 Gartieon Karen Lovett 22 Shellsburg and Rebecca Park 20 700 Gave gue NW after a routine park check at Ellis Park. Officers found a quantity of macriluang in their possession and all three were held on cash bonds.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Robert Geiger
Gartieon
Karen Lovett
Shellsburg
Rebecca Park
Gavegue
Mondey
Manrattan
Ellis Park
Wey
Linn County
Banks of Iowa declares quarterly dividend
Banks of Iowa, the state's largest bank holding company, declares a regular quarterly cash dividend of 26 cents per share. The dividend is payable December 1 to shareholders of record as of November 24. Banks of Iowa subsidiaries include Merchants National Bank and Bank of Iowa Computer Services, Inc., in Cedar Rapids.
MENTIONED IN THIS ARTICLE
Banks of Lowa, Inc
Lowa
Merchants National Bank
Hank
Inwa Computer Services, Inc
Cedar Rapids
Also Mentioned on This Page
Seetrica Haylie
Steetc
Harare
Banca
Seri Neterstore
Casinan OY
Jowa Elect
Keentiel
Bayer
Ecyeregen
Mae
LY Rockwell
Ang
Annea Cive & Cowotl
Ian
CR. Markets
Pel
Ben Raw
IRC
Herat
Ks TS
Rita Wong
Gabe
Korea
Strone
Cain
Cate
Norton Sas
Wochova Shia
Cossick
NorByb
Herael
Hugh
Uae
Ferabh
Shearsan Esxyden Stoe Inc
Mendes
Thom Shears
Hayden Siena Inc
Fantoy
Duonmiens
Tram Shearsen
Ann Amr
Hayeen Slaow
Isco
Addiaiver
Seo Oars
Johns Erie
Chirago (Ab
Fustures Trodina
Thigoeo Mercantile Exchange Weneet Oe
Previnast
Webster City
U.S
Eugene, Ore
Irving Newton Brant
James Madison
Catcheslovakia
United States
Sesiesien Serco
Ramet
Conner
Slidais
Oweat Perenne Apa
Ars
Fone
Fepryaryaics
Ain Es
Erereene
Brwaedb
Rs MD Getoter
Ams
Uss
Brant
Yfkeld Prods
Dave‘tmalver and Helt Enware
Gay Aucled
RON City Livestock
Sio City
Roca
Tomer
Corte
Roe
Siow
Ghicagh Froduce
Ene
Entra
Teron
Sleet
Aioe Atkalx Rob
Baldy Liao
Mioresin i Danka
Mincesatts Runsels
Winconali
Whitey ‘E Basar Wisconan Rouets
Wischalo Volkis
Westtas $N Navaolds
Webster City Livestock
West Marth
Rees Service
Monroy
Aveeboae
Iowa
Moines
Torin
Trevaing
Bern
Caten
Grose A
Larga
Banar Szsbc
Ionfly
Grose A. Media 4548
Lusdat
Nepes
Omaha Livestock
Chicago Cash Grain
Wiheant Wea
Morac Ko
Joliet Livestock
Joliet Lwp
Helt Fra
Fpost
Fuew Guy
Roux
York
Raney Sundium
C.R. Man
Sessee
Citizens Bus Service
Dial
Postal Thrift Loans, Inc
Avenue Floral
16Th Ave
Pierson's Florists
Ellis Bled
Lhasa
Sheba
Civil Service Commission
Jerome's
Judah Gates
Walcowm
Ant
Fuk P
Corselio
San’ Diego
Calif
Thut
Shermen
Sia Seventeenth Street
Sixteenth Avenue
Elite
Vernon
Dear County
Wisconsin
Ape Country
Travel & Transport
California
Las Vegas
Peggy
Charter Coaches, Inc
Ady
Whe Jones
Steve E. Martin
Ely
I L
Toi Shes
Clarke Road
SEM
Sixth Avenue
Fifteenth Street
Dra. Myers
Mallville Dhat Livin
Mary ‘A. Teig
Auturn
The
Ozarks
Hannibal
Silver Colfax City
Ozark
Oy- Ty
Kansas City
Doo J Fishol
Northcrook
Bowenon Woods
Cedar Rapida Ara ‘Theatre Organ Society
Hector Oliverm
Mighty
Wurlitzer Theatre
Parmmonunt Theatre
Emerald
Knights
Opin Hawse
Suilay
the Coliseum Armory
Farsdorphe Institute
Cedar Rapide Area
Philip Randolpes Institute
Jim Burrell
Eight Avenué SE
Bobtsman
Williams Blvd
Asik
Roberlan
Adv
Hichard W. Kirkpatrick
Wilson Avenue
Dees
Kevin Houlahan
Route Three
Cedar Rapide
Sundsyy
Jayodroanal
Center Point Road
Hunt
Tee
Luther V. Trent
Sands Printing CO
Hewotha
Banks of
Easie
Cliff Abild Construction Company
St. S.W. Cedar Mapies
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