Market holds small gain amid mixed NYSE trading
The market slight advance came as the Dow inched up to 1,006.93 around 1 p.m. EST amid 3-hour NYSE turnover near 36 million shares. Leaders included American Express, American Airlines, Citicorp, and GM with mixed prices and notable activity in Amex blocks and Amex listings. Livestock and cattle markets in Webster City showed higher hog prices and steady to strong cattle judging by Thursday reports.
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Stock listings show broad New York market activity
Readable fragments report prices and changes for Gulf Oil IBM CocaCola and dozens of other stocks on the New York Stock Exchange. The note describes dividend statuses and varied performance across sectors with placeholders for dividend details and scheme footnotes.
Chrysler to end rear-wheel-drive cars in U.S.
Chrysler Corp will stop building rear-wheel-drive cars in the United States on May 1 and start a $75 million conversion of its St. Louis plant to produce a larger front-wheel-drive K car. Remaining rear-wheel-drive models will be built in Windsor, Ontario, with St. Louis production ending May 1 and new lines resuming in late August at a rate of 60 per hour.
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Clinton Corn Processing launches $20 million upgrade plan
Clinton Corn Processing Co. announced a $20 million investment to upgrade pollution control and boost efficiency. President Jack Anton said the program targets major pollution reductions after earlier fines totaling $475,000 from the Iowa Department of Environmental Quality for polluting the Mississippi River.
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Midwest Markets livestock and grain roundup in Des Moines and Joliet
Livestock details show hog prices rising with demand strong in Des Moines and Joliet, with No 1-2 and sows at varying 200-450 lb ranges. Chicago grain quotes list soft red and hard red winter beans and corn prices, while butter and egg prices edge up or hold. Cedar Rapids elevator quotes place soybeans and corn near steady or modest gains, and regional dairy and pork markets report mixed activity with light demand.
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Cedar Rapids Hog and Sheep Market Report Wednesday
Cedar Rapids hog market rose 50c from the prior close for butchers 210-240 lbs while packers up to 550 lbs held steady and over 550 lbs unchanged. Prices paid for 210-240 lb country and plant delivered butchers were 39.00 to 39.50. Packing sows up to 550 lb 34.00 to 34.50. sows over 550 lb 34.50. Light hogs 200-210 lb face a 0.50 discount. Butchers 240-250 lb 0.25 off, 250-260 lb 0.50 off, plus 0.75 off per 10 lbs over 260. Sheep market steady on wool and shorn. wool price 52.00, shorn 64.00. Buying hours 7 to 6 daily, Monday through Friday.
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