Dow reaches eight year high on late stock surge
A late wave of buying lifts the Dow Jones industrial average to 1 020.35 its highest close since 1973 with gains led by positive inflation signals. NYSE volume reaches 60 million shares as analysts note easing price pressures and energy costs.
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New York
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Stock Exchange
Halbrin
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Allied C
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Allis Chim
Wat Va Honeywell
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Teldyne Inc
AMAX
Tenaco
Amrd H
Indust
Texaco
Me Am Airlines
Vo Idaho
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Ve Abroad
Texas
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Intit&t
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Unclear OCR Financial Listings Include Dividend Notes
Fragmentary listing text shows references to stock paid in 1980 198 in bankruptcy receivership and liquidation terms with scattered numbers and terms. The readable items imply a finance page with dividend statuses and share counts but are incomplete and not fully decipherable.
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Ciival
Universal ships $7 million crushing gear to Iraq highway project
Universal Engineering Corp of Cedar Rapids began shipment this week of seven million dollars worth of portable crushing equipment to Iraq for a major highway project. The buyer, Construction and Development Corp of the Philippines, is Southeast Asia’s largest construction firm. Four lines of crushing units totaling 24 railroad cars will be sent east. The sale is among eight Universal deals totaling forty six million dollars financed by banks led by First National Bank of Chicago.
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Public Hearing Planned on City Transit Improvements
The City of Rapids Iowa will hold a public hearing on May 27 1981 in the 4th Floor Council Chambers to consider a transit project under state finance. The plan covers operating funds July 1 1981 to June 30 1982 for Cedar Rapids and involves a proposed federal grant of 2 356 622 dollars and total project cost around 316 443 dollars. The project aims to replace aging senior citizen buses and includes environmental and planning assurances.
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Cedar Rapids Public Hearing on Mass Transit Project and Finances
A Cedar Rapids public hearing is set for May 13 1981 at 9 00 am in the City Hall Council Chambers to consider a federal grant aided mass transit project The notice outlines project costs a 650 000 local share 650 000 federal share and relocation impacts with opportunities for public input. The planning office lists project details and deadlines for environmental and planning reviews.
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