New York Stocks Edge Higher in Early Trade
Composite prices from United Press International show Abbott, Air Products, Am Airlines and Amex among active names near midday. The NYSE and Amex tables reflect gains with listings across Ampex, Exxon, CocaCola and dozens more, indicating broad early strength in the market. Volumes and specific highs and lows accompany the snapshot of 10:30 am activity.
MENTIONED IN THIS ARTICLE
United Press International
Peings
Abbott L
AlliedChm
Feann
Amrdh
Am Airlines
AmCon
Amt&t
Ampex Cpll
Amstor
Armcos
Wat Va ArmsCork
W& Asorco
AshiandOl
Ve Amrcht
Atlas Corp
AvcoCen
Avnetinc
Bié
Bokerint
Orp
Va Bankom
Ckhmn
Lock&o
Brewerc Co
Dame Petro
Felmont Fisher Pt Sk
Ford
McCulich
Usfiller
Weie
Jones Stock
United Condor Puiti
Engineer cites two sewer priorities in Cedar Rapids plan
Herbert Berry of Howard R. Green Co. told the Cedar Rapids Board of Realtors that starting work south of First Avenue East in the 16th Street area and building holding basins near Edgewood Road are the top storm sewer priorities. He called for urgent action to ease flooding along First, Second and Third avenues, Sixteenth Street and Park Court SE. The project is expected to span two years.
MENTIONED IN THIS ARTICLE
First Avenue
16Th Street
Edgewood Road
Cedar Rapids
Mixed stocks slide as Dow dips and grains quote lower
New York stocks show a mixed day with the Dow Jones average down 1.65 at noon after a two day rally. Gainers outnumbered losers 3 to 2 on the NYSE while grain prices in Cedar Rapids fell for soybeans and futures.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Cedar Rapids hog and sheep markets steady with mixed price moves
Cedar Rapids hog market Thursday held steady while per hundredweight quotes show declines for heavier butchers and gains for lighter lots. Sheep prices slipped two dollars, with lambs at 66 to 70 dollars and discounts for larger weights. Des Moines and Sioux City notes report limited activity and mixed demand, with eggs and grain futures broadly steady to soft.
MENTIONED IN THIS ARTICLE
Cedar Rapids
U.S. West North Central States
Des Moines
Federal State Market News Service
Gold sales floated to buoy ailing dollar in Treasury plan
The Carter administration weighs selling 300000 to 400000 ounces of Fort Knox gold from the 277 million ounce stockpile. If enacted, auctions could occur monthly at about $180 an ounce, yielding $54 million to $72 million to soak up dollars abroad. Treasury officials stress no final decision. markets, meanwhile, show dollar weakness and gold price fluctuations across London Tokyo Frankfurt and Paris.
MENTIONED IN THIS ARTICLE
Washington
Carter
Fort Knox
Treasury
United States
Federal Reserve Board
Arthur Burns
Tokyo
Europe
London
Frankfurt
Zurich
Paris
Amsterdam
Milan
Tokyo Exchange
Man agrees to cut in Ford damages
Richard Grimshaw an 18 year old from Anaheim California agreed to accept 3.5 million dollars to settle Ford Motor Co punitive damages after a 125 million verdict. If Ford does not appeal the settlement becomes final and Grimshaw will receive about 6.34 million in actual and punitive damages.
MENTIONED IN THIS ARTICLE
Santa Ana
Calif
UPI
Ford Motor Co
Ford
Richard Grimshaw
Anaheim
Grimshaw
Superior Court
Leonard Goldstein
Culver plan endorsed by Commerce for short term product liability fix
Washington. The Commerce Department backs Sen. Culver’s short term bill to amend the internal revenue code allowing deductions for a self insurance fund covering product liability losses. The options paper urges quick action and notes hearings may speed congressional relief while a long term solution is developed. Culver stresses urgency for current coverage for businesses and consumers. On this date in 1909, Peary reached the North Pole.
MENTIONED IN THIS ARTICLE
Washington
Department of Commerce
White House
John C. Culver
Iowa
Culver
Internal Revenue Code
Carter
Senate
Commerce Department
GM wins court halt to IRS grand jury probe
The 6th U.S. Circuit Court of Appeals in Cincinnati halted a Detroit based IRS grand jury investigation of General Motors for alleged tax fraud after ruling an IRS attorney involved in directing the probe created an appearance of conflict. Dissenting judge opposed the conflict finding. GM had fought since 1975 with Pillaris appointed in 1977 to direct the grand jury work.
MENTIONED IN THIS ARTICLE
Detroit
UPI
General Motors Corp
Internal Revenue Service
U.S. Circuit Court of Appeals
Cincinnati
IRS
Meno Pillaris
U.S. District Court
Pillaris
James Churchill
Churchill
Paul Weick
Anthony Celebrezze
District Court
Gilbert Merritt
Department of Justice
Also Mentioned on This Page
CentTel
Erin
Wiia
Chris Croft
Ylu— Ve Chrysier
CinGos
Wem
Citfin
JV. Nat ‘A Cityinvest
ClevElc
CloroxCo
CocoCol
WisCol Gas
Duanel
Easco
Eastern Air
S Eaton
Va EiPass
Eltrocp
Emer
Enstch
Va Esmark
Excelo Py
Exxon
Faberge
FairCom
Va FoodFor
Kroger
LeorSieg
LiggGrp
LillyEli
Litton
Lockheed
E— Va LoewCp
LoneStr
LTV — Corp
Lykes Corp
Macmill
Ile
E Macy
Mobilc
Monsan
Pdziat Ve Morgaj
Mknud
Watu Motorola
MtStTel
MrehCo
Nobisco
Norton Si
Ohio
Va OlinCorp
Omorkin
Wenill
PacPetri
Pan Am Air
Siu
Panha
Vu Penn Centr
Penney
Pennpl
Pennzoil
Pepsico
Pfizer
Philae
PhilMo
Pse&g
Rockwil
Rohr Indust
Roper
Roynd
SafwStr
StuMart
StRegis
SanFel
Scherna
Schimb
SCM Corp
Scott Pop
Seagrom
Sears
Shell Oil
Singer C
Abe
SonyCe
SoCiEd
SoPacif
So Rail
tOlind
Fos Tandy Corp
Tenneco
Texaco
Ve Textron
Timlin
TriCon
Plb
Trinityind
Trwin
TWCF
UAL Inc
if / h Union Pac
Uniroyal
Es US Indus
Wu Upjohn
UV Indust
Amalf Yous Variona
Va Vendo Co
Wolgrn
Va Woree
Westve
Va Whittkr
Wickes
Williams
WinnDx
Xerox Cp
ZaleCore
Zovre Corp
Amex
Boston
Pacifica- Midwest
Philadelphia
Dow
East
Pro Farmer Grain
Chicago Cash Grain
Vinton Ditch
Berry
First Mid-America
Chicago
Chicago Mercantile Exchange
Joliet
Omaha Livestock
Omaha (Ap
USDA
U.S
C.R. Markets
Sioux City Livestock
Sioux City
Wilson Foods
Shearson Hayden Stone Inc
Am. Vns. Fund
Am.Rein
Archer Daniels
Beatrice Foods Conrac
Consolidated Foods
Cell-O Corp
FMC
Harnischfeger
Hawkeye BanCorp Interstate Power
Iowa Electric Orn
John Deere
Keuffel & Esser
Kidde Comm
Life Investors, Inc
Eenenene Mapco
Maytag
Mid-America
Mid-Continent
Rockwell
Syntex
United & Sty
United & Sty Augu: 6.300 6.370 6.250 6.330 6.350 United Guaranty Septem
Univar
Winnebago
Gazette
Man
Culver Solution
Robert Peary
North Pole
Khe Sanh
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