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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 15, 1977
Page
20
The list shows many NYSE stocks and warrants with notable gains and declines. Major names include Dow components like Ford Motor, General Electric, Exxon, Merck, IBM, and Coca Cola with varied daily changes. Investors monitor price shifts across sectors as figures indicate substantial upswings and downswings.
The stock market edged upward in New York on Friday as investors welcomed President Carter's withdrawal of his $50 per person tax rebate plan. The Dow Jones industrial average rose to 949.37 by 2 p.m., up 2.37 points after an 8.82 increase on Thursday.
Iowa interest coverage notes futures trading activity on the Chicago Mercantile Exchange with FirstMidAmerica details. The report emphasizes market movement and regional economic factors affecting Iowa.
In Des Moines the Federal State Market News Service notes light demand and ample supply for eggs with prices mostly steady to weak. Grade A large or better around 45c per dozen, smaller sizes 34-38c, and Grade B 20-22c. Meat markets show slow beef and porkTrade with no sales in cattle and lower pork prices across several cuts, including fresh loins and picnics, amid thin demand.
The Cedar Rapids hog market fell 25 cents for butchers and held steady for sows. Bulk delivered butchers 200 to 230 pounds brought 35.50 to 36.00 dollars, with heavier weights discounted per 10 pounds. Packing sows 300 pounds stayed at 31.50 to 32.00 dollars. Sheep showed shorn lambs at 50 to 52, spring lambs 54 to 57 dollars, while grain prices listed include corn 2.36, soybeans 9.60, and oats 1.65 per 33 pounds.
Livestock trade in Des Moines slow to moderate demand. Butchers mostly steady with some drops. sows down up to 50 cents. Quotations shown for No 1-3 cattle and various weight ranges. Chicago grain futures report No 2 hard red winter wheat at 2.57 and other grain contracts. Estimated receipts listed for Des Moines and prior performance figures.
Al Watson was named business manager of the Marion Independent school district with a $23 000 salary and May start. C Robert Bennett was approved as superintendent at 28 500, replacing Clark Stevens who moved to Davenport. Other admins include Edwards 24 454 Dollinger 20 067 Morgan 24 496 and others on twelve month contracts. John Cracraft named superintendent of grounds and maintenance at 16 500.
Jerry David Dean aged 31 of 540 Collins Road NE Cedar Rapids was charged with drunk driving by Marion police after being observed driving erratically on Collins Road near Northland Drive.
Marion park board clarifies Seventh Avenue brickwork at City Square will be dug up and reset after settling up to an inch. Board approves contractor action and repairs to sidewalks, plus park improvements and budget actions for Hanna Willow Taube Donnelly Elza and American Legion parks.
The Marion Independent reports the school board voted to file suits to recover missing audio-visual equipment from the Starry and Emerson buildings. The board also accepted several resignations and approved contract changes while discussing ongoing projects and summer activities.
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