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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 13, 1976
Page
12
The Dow industrials 2 p.m. average rose 2.99 to 974.26 as traders lingered in a cautious, bargain-hunting mood after last week’s decline. IBM and Merrill Lynch led losses on earnings news, while NYSE composite eased 0.01 to 53.32 and the American Exchange index fell 0.21 to 101.48.
The report lists top rising and falling NYSE issues by percent change, with figures for many stocks and sectors, followed by Chicago cash grain prices and USDA notes. It notes shifts in prices across commodities including wheat, corn, oats, and soybeans, highlighting market activity and bid offers today.
Tuesday Cedar Rapids hog prices eased with 200-230 lb butchers at 47.50 to 48.25 delivered. Sows 300 lb steady at 41.00 to 41.75, heavier weights discounted. Sheep price quotes for choice 90-108 lb lambs at 54.00 to 58.00. Grain prices listed include No 2 yellow corn at 2.48 and No 1 yellow soybeans at 4.51.
Commodity futures opened weak on the Chicago Board of Trade and weakened throughout the session. Soybeans fell 6 44 to 6 14 cents, wheat and oats dropped about 31 to 34 cents, and corn slipped 1 14 to 2 14. Soybean meal and oil also eased as buyers stayed away. Nearby quotes show May soybeans near 4 8234, wheat around 3 45, oats 1 54, and corn 2 64 per bushel.
Home on leave Jay nann Ingiethron daughter of Mr and Mrs Willis Inglethron 620 Second Street SW enroute to Iceland from navy corps school at Great Lakes Easter greetings from Linda Judy Shirley Terri s Beauty Shoppe Stolen hubcaps from Steitzer Lincoln Mercury valued 280 Whisky stolen from James P McDowell residence 408 I Avenue NW Easter Turquoise show April 16 17 TV taken from Johnson Controls 1217 Avenue NE Coin club slides on Renaissance at Cedar Rapids Coin Club meeting April 7:30 p.m. Coe College Fran Allison on Channel 2 Last Word Channel 2 Tonight Morning Show Channel 9 Wednesday morning Free parking for Women on the Move Coe Campus Easter piercing at Madeline s 9 95 Good Friday bank closings 6 p.m. April 16 Missing beef items stolen West Side Maid Rite 621 First Avenue SW Temple Judah Games Greek Pastry Bake Sale April 15 9 a.m. Greek Orthodox Church Advance orders Easter corsages Pierson s Florists Embassy Club Shriners Kidney Machine fund drive Giants Baseball books at local outlets and ball park office
Raytheon Co. reports record first quarter earnings of 1.18 per share on net income of 317.9 million and net sales of 572.416 million, up from 1.06 and 529.949 million a year ago, driven by government systems strength and Amana Refrigeration.
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