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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 03, 1978
Page
23
A dense list of United Press International compiled stock quotes as of 10:30 am in New York, featuring prices, changes, and percent movements for Abbott Labs through Zurn and other major firms. The table includes numerous entities across industries with notes on markets and dividends.
Amex stock list shows closing, last, and change figures for companies such as CirK CrownC Dow Jones averages and Standard & Poor indexes. Data from United Press International via NYT notes prices for Adobe Oil Banister Circle K and others with percentage changes and notable declines and gains.
The Cedar Rapids hog market Thursday was steady to 50 cents lower for butchers and steady for packers. Prices for 200 to 230 lb butchers ranged 46.00 to 46.75 dollars, with other weight breaks and discounts noted for heavier hogs. The sheep market fell about one dollar, with spring lambs quoted at 55.00 to 57.00 dollars and lambs over 100 pounds discounted.
New York stocks rose broadly on a record NYSE session as investors believed interest rates may have plateaued. The Dow Jones surged 13.94 to 897.43 as three hour volume hit a record 43,360,000 shares amid a bond rally and dollar rebound.
The dollar rebounded in Tokyo to 188.85 yen, erasing part of its slide after eight straight days of weakness since breaking the 200 yen level. Gold fell about 1.35 dollars to 202.40 in London, though held near 203.375 in Zurich as dollar depreciation spurred bullion buying.
Jerry Elsea of 6808 Devonshire Drive NE was reelected president of the Cedar Rapids Public Library board of trustees. Mrs Curran Rosser of 2319 Ridgeway Drive SE was reelected vice president. Summer reading enrollment and circulation rise with 2905 participants and 13992 circulations in the first month. The 1978 theme is Good Ol Summer Fun.
Georgina Englert named Competition Golf Guest with Dorothy Stastny as troubleshooter. Longest drive on 9 by Louise Lockwood. Medalist Nadene Merry man. Championship Dorothy Hotchkiss. Presidential titles to Mari Griffin and Doralee Ainsworth. Group winners Geneva Wear Thelma Wolf Barbara Eastland Inez Polaski. Troubleshooter Rose Prastko.
Winners at the YWCA in the Grand Nationals Open Pairs included Joanna Biers and Bob Hertzog taking first in North South with Ruth Helm and Margret Blencoe second. East West titles went to Mr and Mrs James Boardman and Bruce Thicher with Ken Hixon second. Overall champions were Beers and Hertzog first and the Boardmans second. Next game is Wednesday at 7 30 p m at the YWCA.
Two 18 year olds face assault with intent to inflict serious injury charges after a car stop near First Avenue and 15th Street NE. Randy Rhodes of 1561 Bever Ave SE accuses Van der Sanden of attacking him with a tire iron. Vander Sanden says Rhodes and two others assaulted him at his home days later. Police also charged three teenage boys aged 15 16 and 17 with larceny of a motor vehicle for stealing Frank Gorups station wagon from 1004 17th St NE Wednesday morning.
Des Moines livestock market report shows moderate trade and demand with steady butchers and uneven sow prices. No 1-2 200-230 lb up to 47.50, larger animal weights down to 36.75. Receipts about 70,000 with recent weeks at 79,000 and 81,000.
Grain prices at Cedar Rapids processors Thursday show soybeans steady for new and old crops and August contracts while yellow corn and white corn hold near Wednesday closes. Oats stay flat. futures quotes provided by Pro Farmer Grain. In Joliet cattle market weak to unavailable, hogs active with steady barrows and gilts. Chicago dairy and egg prices mixed with butter unchanged and eggs weaker.
At a Hiawatha City Council meeting, officials reviewed ownership of a 30 foot Emmons Street strip needed for the 1 380 freeway project. The issue stems from a 60 foot street plan and contributions by Orville Quass and Faye Clark, leaving disputed land not deeded to any party. No action was taken. The council also discussed federal funds for a four lane Highway 150 project, cable TV ordinance study, and a sewer project bid from Bjornsen Construction Co.
In Des Moines meat reports, fresh pork loins 14-17 lb fetch 91.00, 20 lb to 74.50, bellies 12-16 lb around 63.40-64.00 with no trend, and 16-28 lb at 61.00. Beef shows steady to lower prices for various cuts, while Webster City hogs trend 47.75-48.00 for 200-240 lb, with sows 42.25-42.75 and cattle listed as none.
The Federal State Market News Service notes generally inactive market with very light offerings and bookings for late August and September movement. Prices vary by grade with Grade A large around 48-52 cents per dozen at farms, Grade A medium 39-43 cents, and lower grades from 12 to 31 cents depending on size and quality. Demand is moderate locally with outside buyers price aggressive. supplies adequate for large and medium eggs.
The Consumer Product Safety Commission recalls approximately 1,000 extension cord adapters sold with Black & Decker hedge trimmers due to exposed brass contacts risking electric shock. Also recalled are 30,000 women’s long sleeved 100 percent cotton sweatshirts, RN34104 with Hong Kong origin, tagged with numbers 502 to 624, failing federal flammability rules.
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