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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 10, 1978

Page

14

NY Stock Prices Shuffle In Varied Trades Across Markets

United Press International notes mixed activity in New York stocks at 10:30 am with Abbott and Amex listings, highlighting high and low ranges. The report shows numerous prices, percent changes, and notable names across industries, reflecting a broad market snapshot from the period.

United Press International Abbott Va Am Airlines AmBrd AmCan Wat AmCyan AtHome Am Motors Ainatek F AMF Ampex Sg Amstor Armcos ArmsCork Asorco Ashiandol ArRent udTe AvooCen Bongorp Bonkom Baxter T Beckmn Bell Hwi Agnetine Bendix Beth Stec Biock Boeing BoiseCo Borden BritPet BrGrup Brunswk Bucyrus Budo C Bulova Weeh BuriNo Ve Corppl Corrierc Boston Cincinnati p-Pacific Midwest Philadelphia Amex

Stock market holds near prior close as Carter speech looms

The Dow Jones average fell 0.52 to 769.06 at noon with gainers leading decliners on the NYSE as investors awaited President Carter's Tuesday address on inflation and the economy. NYSE composite slipped 0.02 to 50.39 while the American Stock Exchange index rose 0.09 to 131.90. Volume reached 10.55 million shares.

New York Wall Street Carter NYSE American Stock Exchange

Tuition tax credits survive House committee vote

The House Ways and Means Committee defeated moves to kill the tuition tax credit bill and added language to extend credits to public school students in other districts. The bill, sponsored by Rep. Charles Vanik, would provide 50 percent credits up to 250 for college tuition and 100 for elementary secondary tuition, phased in over three years starting 1978. An amendment to cover public K–12 tuition was approved 19-18.

Washington UPI House Ways and Means Committee Pete Stark D-Calif Charles Vanik Vanik

Cedar Rapids hog and grain prices dip and rise

The Cedar Rapids hog market fell 50 cents with butchers 200 to 230 pounds at 44.00 to 45.00 dollars and packers at various weight breaks. Sheep prices held steady for lambs and spring lambs. Soybeans and corn moved on the futures market with April and May crops advancing and old crops slipping. Prices quoted for deliveries to Cedar Rapids processors and Pro Farmer Grain provided.

Cedar Rapids

Iowa lawmakers split over raising usury rate

Rep Ned Chiodo leads Democrats in opposing any raise of Iowa's 9 percent usury cap on home loans. Senate leader Kinley and Speaker Cochran say the issue demands careful consideration as bankers press to lift rates to loosen credit, while lawmakers doubt harm to Iowa borrowers without higher rates.

Des Moines UPI Iowa Ned Chiodo D-Des Moines House Chiodo Iowa Public Broadcasting Network Iowa Press Senate George Kinley Jerry Fitzgerald D-Fort Dodge Dale Cochran Deagle Grove Cochran Savings and Loan Neil Milner Iowa Bankers Association

Iowa hog prices and meat trade report from Des Moines

Livestock prices show moderate demand with lower hog bids and steady sow quotes. Hogs 200-230 lb to 240 lb mostly 44.50 to 45.50, heavier ranges 40.75 to 45.50. sows 38.50 to 41.50. various weight classes listed. Beef and pork markets mixed with limited trading, beef up to 83.00 for 600-800 lb steer, pork loins and bellies quoted with declines noted. Receipts totals: 90,000. prior days 91,000 and 14,000. week ago 84,000. year ago 84,000.

Owen Pan Am Air Tandy Corp Ponhn Teldyne Penn Centr Tenneco Pennpl Pennzoil E PepsiCo G TexPol Texuti Textron Thiokol Philipsin Thriftve Wvu van Purexc Ve Ual Inc UnCorb UnElec Quakro Unocal Union Por Ralston Uniroyal Rapid Amer Bla Blu Brands Rathon US Gyo Rcaco Indus Va Ussteel Tob Reyind Walern Fia Union A CM Corp Westve cottPap Wevyrhas Sears WhitCh Ferrop WinnOx SouthCo ZaleCorp Sonres Zovre Corp SoPacif ZenithRod Me $O Rail Zurn Ind Des Moines Federal Sioux City UPI Joliet Midwest Webster City

First VW Rabbit rolls off line in United States

The first American produced Rabbit begins at the New Stanton plant near Pittsburgh as Volkswagen opens U S production to counter Detroit rivals. About 1,200 workers have prepared the line. initial car to go to Wolfsburg museum with 50,000 Rabbits to U S showrooms this year and 200,000 yearly output planned.

Pittsburgh Volkswagen Germany Detroit United States New Stanton Wolfsburg U.S

Dollar Opens Week Higher in Europe as Gold Dips

The dollar strengthened across major European centers with higher rates in Frankfurt Paris Zurich Amsterdam Milan and a firmer Tokyo showing 220.60 yen. London quoted $1.8755 per pound and gold prices eased to about 178.70 in London while Zurich saw 178.875. Also a UPI livestock report from Webster City notes hogs steady to lower and cattle higher with mixed prices across weight ranges. On this date in 1790 Congress passed the first patent law.

London Frankfurt Paris Zurich Amsterdam Milan Tokyo Europe Congress

Apartment Rental Classified Ad Pitch

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