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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 13, 1978

Page

29

New York Stocks Mixed as Late Trading Closes

United Press International reports broad market moves with notable gains for several chemical, industrial, and transportation firms. The NYSE composite shows varied performance while Amoco, Exxon, and General Electric anchor the upside potential.

Dow Jones advances amid upbeat trading at midday

The noon Dow Jones average rose 3.20 points to 769.49 as gains led by strong NYSE issues with winners outnumbering losers 4 to 3. NYSE composite climbed to 50.59 and AMEX market value index to 132.87 while volume reached 12.16 million shares by noon.

NEW York New York Stock Exchange NYSE American Stock Exchange

Midwest livestock prices steady with mixed gains across pork and beef

Iowa reports show pork demand moderate with several weight ranges holding steady. Fresh loins and Boston butt parts steady or unchanged, hams varying by size, seedless bellies showing mixed moves. Beef markets light to moderate with higher prices for choice steer and heifer beef across 525 to 900 and 500 to 700 pound ranges.

Des Moines UPI Midwest Boston

Cedar Rapids hog and sheep market steady with varied weights

Cedar Rapids hog market held steady with prices for 200 to 230 lb butchers at 44.50 to 45.00. 230 to 240 lb butchers are 25c off, 240 to 250 lb off 50c, rising scale to 300 lbs. Packers show further discounts by weight. Sheep market also steady with shorn lambs 60 to 61 and spring lambs 61 to 63. Lambs over 100 lbs discounted. Futures trading noted on the Chicago Mercantile Exchange.

Cedar Rapids

Livestock prices drift as regional markets post varied results

Across Des Moines Omaha Sioux City and Joliet markets traders reported slow to moderate demand for hogs and steadier to mixed cattle trade. Hogs mostly traded lower by week across weights with receipts around the tens of thousands while cattle showed uneven activity and occasional gains. An Edict of Nantes note recalls 1598 royal action.

Dollar gains inch higher against European currencies

The dollar edged up against major European currencies in early trading as Carter’s inflation fight showed little impact on markets. Frankfurt 2.0143 marks, Zurich 1.8712 Swiss francs, Paris 4.5435 francs, Milan 852 lire, pound near 1.8695 dollars. Tokyo dollar steady at 218.75 yen. gold open in Zurich at 180.12 dollars, London 179.40.

London U.S Carter Europe Times of London Frankfurt Zurich Paris Milan Bank of England Tokyo

Study cites high costs of government regulation

Washington AP report summarizes Murray Weidenbaum findings for the Joint Economic Committee. Regulation adds 666 to auto prices and 1500 to 2500 to new homes, with broader effects on employment and business decisions.

Washington Murray Weidenbaum Weidenbaum Washington University of St. Louis Congressional Joint Economic Committee

Sun Spots Disrupt Cedar Rapids Radio Links

Rockwell Collins operator Leonard Peters reports intermittent high frequency outages caused by sun spot solar flares. The station, which serves on shore offices and offshore rigs, observed complete quieting of frequencies and notes the NOAA in Boulder calls this the worst in four years.

Leonard Peters Rockwell-Collins Cedar Rapids Collins Peters National Oceanic and Atmospheric Association Boulder Colo

Tax extension offered for 1977 federal return deadline

Taxpayers may file by midnight Monday or request a two month extension using Form 4868. An estimated tax payment must accompany the extension request to avoid penalties. The IRS assures extensions do not affect audit likelihood.

Internal Revenue Service IRS

Man on 20th story balcony turns out safe

Police and fire crews rushed to a south London high rise after passers by saw a man on the 20th floor balcony shouting and threatening to jump. Officers found he was cleaning windows and arguing with his wife, not in danger.

London UPI

Market report notes steady prices for live hens and grains

The Federal State Market News Service reports steady hen prices with light trading and adequate supplies. Egg prices at farms range 28 to 44 cents depending on grade and size, while soybeans, white corn and oats show mixed moves on Cedar Rapids processing market data.

Des Moines Federal State Market News Service Cedar Rapids

Bell Helicopter orders Collins autopilot package

Bell Helicopter has placed a 1.95 million dollar order with Rockwell Collins General Aviation Division for AP 107H autopilots. The avionics package includes a Collins Micro Line system to be installed on Jet Ranger 206L 1 helicopters.

Bell Helicopter Rockwell-Collins General Aviations Bell

Cryovac and Union In Ongoing Contract Talks

Cryovac and Teamsters Local 238 continued negotiations on a new three year contract. The agreement covers about 280 production workers at Cryovac with total employment of 370. Cryovac is a division of W R Grace and Co, manufacturing plastic wrapping materials.

Cryovac Teamsters Local 238 Teamsters W. R. Grace and Co

From Here To Eternity to Become NBC TV Series

NBC plans a six hour television adaptation of James Jones’s 1951 novel From Here To Eternity, the work that won the 1953 Academy Award for best picture. The UPI report notes the project aims to capture the novel’s wartime setting and sweeping drama.

Hollywood UPI James Jones NBC

Also Mentioned on This Page

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