NY stocks mixed on AP and NYT composite listings
Selected composite prices from United Press International show Abbott Labs Amex and Exxon among notable movers as of 10 30 a m with gains and losses across diverse sectors. Major players include Am Can Ford Coca Cola and General Electric with varied percentage changes and quarterly context.
MENTIONED IN THIS ARTICLE
United Pres International
AbbottLab
We Air Prod
Alcan Alu
AllegnyCp
AlliedSt
AllisCh
Alcoa
AMAX
Amerada
I Am Motors
Antres
AmTelTel
Amstar
Armco
ArmsCork
Asarco
Ashiando
Atirchf
Va Atlas Corp
AvcoCp
Bokerita
Brkom
Boxtert
Bendix
Beth Sti
Black&d
Boeing Co
BoiseCo
BorgWorn
Brunswk
Bucyrus
Bunkr R
United Press International
Market Snapshot from Standard & Poor's Index
UPI reports a Standard & Poor's index summary with sector figures across industrials utilities and financials. The data shows a Prev.close reading near 114.05 for the overall index and varying subcomponent values around 113.55 to 114.16 with percentages noted in the mid-teens for some sectors.
MENTIONED IN THIS ARTICLE
New York
UPI
Standard & Poor’ Ee Ingeneeier Erie
Industris
Fnc A.m
Dow Jones Retreat Amid Rate Hike Fears
The Dow Jones industrial average slipped to 856.02 around 1:15 p.m. EST, down 4.93 points, after Thursday marked its first loss in five sessions. The NYSE index fell 0.26 to 57.26 with a 13 cent drop in a share price as declines outpaced advances 3,932 to 925. Futures trading on the Chicago Mercantile Exchange continued.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock Exchange
Cedar Rapids Hog and Cattle Market Reports Friday
The Cedar Rapids hog market was steady on butchers and packers under 550 lbs with declines for larger packers. Bulk country and plant delivered butchers 200 to 230 lbs brought 43.00 to 43.75 dollars, packing sows to 550 lbs 39.00 to 39.50, over 550 lbs 39.00. Heavier butchers and weight breaks saw 0.25 to 1.00 reductions per 10 lb bands. Thursday cattle traded steady with steers 1,000 to 1,200 lbs at 75.00 and heifers 900 to 1,050 lbs at 74.00. Sheep market also steady with spring lambs 67.00 to 70.00 and lambs over 105 lbs discounted.
MENTIONED IN THIS ARTICLE
First Mid-America
Cedar Rapids
Des Moines
UPI
Iowa hogs and eggs market notes from Des Moines
UPI reports light to moderate hog trading with steady butchers and varied weights, plus sows slightly weaker. Egg markets show undertone steady to firm with multiple price ranges for Grade A large to medium eggs. Grain futures rise modestly as soybeans and corn advance to Cedar Rapids processors.
MENTIONED IN THIS ARTICLE
U.S. West North Central States
Des Moines
Federal State Market News Service
Dollar hits 79 high against yen in Tokyo close
The dollar rose to 219.15 yen in Tokyo trading, the year’s high against the yen, while it fell versus the British pound to around 2.0485 dollars. Gold edged up to about 242.75 dollars an ounce in London with Zurich quotes near 242.88. Midwest carrot meat trade notes show beef prices firm to higher and pork values mixed.
MENTIONED IN THIS ARTICLE
London
Tokyo
Europe
Frankfurt
Zurich
Paris
Amsterdam
Milan
Life Investors reports 21.1 percent ROI in 1977 year
Ronald L. Jensen chairing Life Investors stockholders meeting calls 1978 “a great year” with 21.1 percent return on investment. Earnings from operations up 40 percent and premium income up 25 percent, while the industry average stands at 12 percent. New directors elected include Richard B. Stimple and Thomas H. Patrick.
MENTIONED IN THIS ARTICLE
Life Investors
Ronald L. Jensen
Jensen
Richard B. Stimple
Quaker Oats
Thomas H. Patrick
Leo C. Barry
Life Investors Insurance Co. of America
William C. Brown
Dubuque
Brown Publishing Co
Thomas Collins
Cedar Rapids
Forest Evashevski
Petoskey
Mich
Forest Realty Co
Mary G. Garvey
Boone
Fred A. Hansen
Red Oak
Life Investors Group
William McDonald
McDonald
Bankers Life Assurance Co
Fort Wayne
Ind
Indiana
Michigan
Ohio
Orlando
Fla
Rockville
Donald J. Shepard
T.O.P. Agency of
Troy, Mich
Iowa students urge sale of university stock in apartheid protest
In a nonbinding referendum, University of Iowa students backed selling stock in South African firms by a 2 to 1 margin. The move, led by the African Liberation Support Committee, targets apartheid policies though the university historically votes against apartheid at meetings. The UI owns stock in about six African companies.
MENTIONED IN THIS ARTICLE
Iowa City
University of Iowa
U of I
South Africa
African Liberation Support Committee
Iowa Antitrust Refunds Totals 194063 for 520 Checks
The Iowa attorney general’s antitrust division mailed 520 checks totaling 194,063.04 dollars to state institutions as Iowa’s share of a 20 million dollar master key systems settlement with Emhart Sargent Co Ilco Russwin Corbin Lockwood and Yale brands. Recipients include University of Iowa Area X Education Agency Cedar Rapids and Iowa City school districts.
MENTIONED IN THIS ARTICLE
DES Moines
Antitrust
Iowa Attorney General's Office
Iowa
University of Iowa
Area X Education Agency
Cedar Rapids
Iowa City
Tom Miller
Emhart Corp
Sargent and Co
Ilco Corp
Russwin, Corbin, Sargent, Lockwood
Yale
State of
U.S. District Court
Connecticut
Iowa Department of Justice
Antitrust Division
Attorney General's Office
Wiretap case dropped for time being in Hampton
A Hampton nursing home owner, George Manoylovich, 64, will not stand trial in federal court on illegal wiretapping charges. The U.S. attorney's office dropped the case and will seek a new indictment in May under a different statute. The prosecution cited appeals courts overturning similar convictions.
MENTIONED IN THIS ARTICLE
Hampton
George Manoylovich
U.S. Attorney’s Office
Manoylovich
Thomas Schrup
U.S. Attorney
U.S. Justice Department
Justice Department
Merlene Sullivan
Lynda Overson
FBI
Schrup
U.S
Mitchell movement winners at the YWCA games
Competition results list Mitchell movement winners on Wednesday at the YWCA. North south winners were George Alberts and Royce McCray for first place and Virginia Stamy and Bruce Cuthbertson for second. East west winners were Connie Hellenthal and Ken Hixon for first and Al Rousch and Bruce Thiher for second. Next game is Wednesday at 7 30 p.m. at the YWCA. Howell movement winners Thursday at Kenwood Park Presbyterian Church were Ken Hixon and Al Rousch first and Pat Howard and Bill Dore second. Next game Thursday noon at the church.
MENTIONED IN THIS ARTICLE
Mitchell Movement
YWCA
George Alberts
Royce McCray
Virginia Stamy
Bruce Cuthbertson
Connie Hellenthal
Ken Hixon
al Rousch
Bruce Thiher
Howell Movement
Kenwood Park Presbyterian Church
Pat Howard
Bill Dore
Major U.S. Automakers Report Record First Quarter Profits
General Motors posts a 45 percent profit rise to 1.26 billion or 4.39 a share while Ford climbs 28 percent to 595 million or 4.97 a share. GM sees sales up 20 percent to 17.9 billion and Ford up 26 percent to 12.6 billion. Overseas gains boost Ford profits, U.S. inflation pressures trim margins.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Ford’s
American Motors Corp
Ford
United States
U.S
General Motors
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Burlind
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Duke P
Sa—Y
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Eltrace
CentTel
Emere
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Enstch
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Champ
Ethyl
Chasem
Exxon
Citicorp
Firstne
Ss CitlesSv
FsPaCp
Flintkt
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CloroxCo
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CocaCol
CocoBot
FrMcKk
Colgate
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Crane
GoPac
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Homstk
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Han Howards
Idahop
IdeqiBo
Il Pwr
Ve ImperiiCe
IntHarv
intPapr
Intit&t
U2 BvYe
Itek Corp
Jostensinc
Va JoyMfg
Ve KaiserAlu
KC Sthn
Ve Konge
Kansn
Kanplt
Kenmet
Kenncott
Kemcg
Kiddew
Kimbel
K Mart
KnightRi
LillyEli
LTV Corp
LukenSt
Macmill
McGre
McGrh
McLeon
Mead
A Merck
Merriily
MGM
Nabisco
NatAirin
NflDistl
NtlGyp
NiagMo
Nlinds
Norfkw
NortonSi
Ogden
Okigge
Okintg
OlinCorp
OrAck
Owentil
Pacge
Pac Light
PacPwr
Pactt
Pan Am Air
Panhaon
PepsiCo
Pfizer
Phelps
Philoe
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Royviid
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Shoklee
ShellOnCp
Sierrap
SingerCp
Smithk
SonyCp
Ye Sonsps
SpRond
Squard
Stdocol
StdOilOh
SteriOrg
Tandy Corp
Teledyne
TimkenCo
Traitronun
TriCon
UnElec
Unocal
Uniroy! Inc
Ussteel
UnitTel
Upjohn
UV Inds
Voriana
VaElec
Waigrn
WarnCom
Va WornLa
Westr
Wstnarl
WsBonc
W Union
Westve
Weyerhas
WhitCn
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Whittokr
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Xerox
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E— Ve Zoyre Corp
ZenithRod
Va Zurn Ind
Amex
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Samuel Morse
Adobe Oil
Hormel
Houston
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Supind
Standard & Poor’s Index
Dow Jones
Chicago
Chicago Mercantile Exchange
C.R. Markets
Shearson Hayden Stone
Equity Am
Ins. Fund
Rein
Archer Daniels
Beatrice Foods
Brenton Banks, Inc
Interstate Power
Towa Electric
Town l
Gas
Jonn Deere
Esser
Tie Investors, Inc
Mid
United Fire & Casualt
United Guaranty Universal Foods Reeset
Univor
Winnebago
Hogs
East
Pro Farmer Grain
Shearson Hayden Stone Inc
Somuoty A.meoeye
United Press International Company
Decter Corp
Delta Air Lines
Dentsply United
Frank's Nursery
Norton Co
Olin Corp
Scientific Atlanta
Scotty's Inc
Smith Inti
Std Oil Ohio O
Initial Vertipile Inc
Pean
Gen Pub
Philip Morris
Scientific Atlanta Inc
Alexander & Alex Serv
Bearings Inc
Big Drum Inc
Chuck Barris
Consolidated Refining
CRS Group
Dorsey Core
Entex Inc
Glenmore di
Portland
Elec
Smith Vnii Q
Syntex Core
Keystone Port Cement
Cook United
Diamond Vnti
AL Bendix Core
Cons Foods
Pttzer Inc
Sigma Instrum
20Th Century Fox
Tyrone Hydraulics
VAL
UTD
Frei de Calit
Western Airq
Tors
Credit Life
Patrick
USDA
Chicago Cash Grain
Nopper
Bob
Marion-Cedar Rapids
Club
Ciencies
Latin America
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