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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Aug 07, 1978

Page

20

Stocks Edge Higher In Wide Market Composite Readout

United Press International reports NYSE and regional market quotes as of 10 30 a m with hundreds of stocks including Abbott, Alcoa, DuPont, Exxon, General Electric, IBM, and Coca Cola listed with prices changes and pe ratios. The Dow Jones and Standard & Poor's indices show notable gains driven by energy and industrials amid a broad market advance.

United Press International Abbott AlcanAl AlliedChm AlliedSt AllisCh Alcoa AMAX Amerada AmCyon Aeipwr AshiandOl Atlas Corp AvcoCpn Avnetine Bakerint Beot Black&d Boeing Briggs St Lo Brunswk Vendo Co Bia Walgrn WarnLa Seid Wstnarl WsBonc Wunion Westhe Westve Weyrhas Williams Woolwh Xerox Cp Zale Coron Zoyre Core ZenithRad Zurn Ind Amex Boston Cincinnati p-Pacific Va Banister BradRon Broscan Brewerc Co Cal Comptr Va Carnatn Circle K Storrett DOW Jones United Pressinternational

Stocks Erase Gains as Profit-Takers Press Market Higher

UPI reports stocks rose Monday amid profit-taking fears and belief rates have peaked temporarily. The Dow edged up 3.03 to 891.45 with two Dow stocks minus dividends, and Firestone Tire traded active after a block sale at 13 1/8. APS Corp. also moved on Amex after a 163,200 share block trade.

New York UPI Dow American Stock Exchange Firestone Tire & Rubber Amex APS Corp

Cedar Rapids Hog and Sheep Markets Show Mixed Movements

The Cedar Rapids hog market was steady to 50c lower for butchers and 25c higher for packers. 200 to 230 lb butchers paid 47.25 to 48.00 with various weight-based discounts up to 300 lb. Packing sows around 300 lb ranged 39.75 to 41.00. Hog weights above 500 lb saw further discounts. The sheep market fell about 1.00 with spring lambs at 53.00 to 55.00. lambs over 100 lb expected further discounts.

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Arrest totals dip in Cedar Rapids week of July 29 to Aug 4

Cedar Rapids police reported 544 total arrests last week, down from 660 the prior week, with 240 speeding arrests leading the count. Assault and theft arrests rose, totaling 19 and 32 respectively, while other charges included drunk driving 12, disobeying traffic signals 34, burglary 10, drug possession 2, and many minor infractions.

Cedar Rapids

Trailer Fire Sparks Civil Suit Against Local Firms

A rural Marion couple filed in Linn District Court against Cedar Rapids based Barnett Appliance Co and Great Plains Gas Co alleging a June 1977 trailer explosion caused a fire. Donald and Julie Phillips seek 41,972 in damages for the destroyed mobile home, citing negligence by the gas company and the appliance firm for failing to detect a gas leak.

Marion Linn Cedar Rapids Great Plains Gas Co Donald Julie Phillips Barnett Appliance Co

Trans Atlantic raft voyage underway from Walvis Bay

The sailing raft Apelila, made from 132 oil drums, departs Walvis Bay South-West Africa heading to Uruguay with two women and five men aboard. Anthropologist Tony Webber organizes the expedition as a fund raising venture for a later voyage from Borneo to Madagascar.

Walvis Bay South-West Africa Uruguay Tony Webber Webber Borneo Madagascar

Dollar Gains In Japan While Europe Sees Decline

The dollar rose over three yen in Tokyo closing at 190 yen, while it slipped in Europe with the British pound rising to 1.9315 and euro peers easing. Gold moved up to about 205 dollars per ounce in London and Zurich as markets fluctuated amid weak sentiment toward the U S currency.

London Japan Europe U.S Financial Times Tokyo Frankfurt Paris Milan Zurich

Break-ins Lit Weekend Across Cedar Rapids Area

Three Kirkwood Community College students report $1100 in losses from break ins at Kirkwood Heights Apartments with entry via fire escapes and removed screens. Other incidents include thefts at Goodyear Service Store and multiple residences, plus grain market price shifts and miscellaneous auto and garage thefts totaling further losses.

Kirkwood Community College Cedar Rapids Kirkwood Heights Kathy Chapman Building 42 Karen Willman Building 40 Candice Potter Building 22 Goodyear Service Store Second Ave

Des Moines Livestock Prices Mixed with Strong Hog Demand

UPI reports moderate trade and good demand in hogs with locally higher bids. No. 1-2 200-240 lb hogs bring 47.50 to 49.00, sow values rise up to 50, egg markets show mostly steady prices, and beef and pork trades are slow to steady with selective gains. Estimated receipts total 75,000 for the period.

Wilson Foods Des Moines UPI Midwest Boston Butt

Also Mentioned on This Page

Standard&poor's Indexes Standard & Poor's Industris Shearson Hayden Stone Inc Am. Equity Am. Rein Archer Dananne Banks of Iowa Beatrice Foods Wat Consolidated Foods SS Bles Harnischfeger Hawkeyve BonCorp Interstate Power S34 Towa Electric towa-Ill. Gas Keuffeil & Esser Kidde Comm Seveeee Life Investors LTV Mapco Maytag Mid-Amer Miracle Quaker Oots Rockwell United Fire & Casualty United Guaranty Universal Foods Eanenee Universa Winnebago Chicago Judy Ree Ansesngarananamnanse Jean Flanagan Staud Court NE Phil East Iowa Pro Farmer Grain U.S. West North Central States Federal SA Printing CO Iquan Niy Center Pt. Rd Hiawatha First Mid-America Chicago Mercantile Exchange Jereeesenenn Feeder Cottie Bubuse Cocsere Ocpodel Eoreveen Sonebeneremeteters Cliff Abild Construction CO Cedar Falls
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