New York Stocks Edge Higher on Morning Trade
Stocks listed on the Selected composite show mixed gains as of 10:30 a.m. with Abbott, Air Prod, Alcan and AlliedChm among movers. The NYT market summary from United Press International lists price changes, volumes, and percent changes for a wide range of issues across multiple exchanges and market segments.
MENTIONED IN THIS ARTICLE
United Press International
Abbott
Alcana
AlliedChm
AlliedSt
AllisCh
Alcoa
AMAX
AmHolsto
Amstar
ArmsCork
Asarco
Ashiando
AtiRchf
Bsiw
Atlas Corp
AvcoCen
Avnetine
Bendix
Beth Steel
Boeing
Bucyrus
Amex
P-E Thas
AdobeOi
Dome Petro Fisher Pt
Fronter Gianty
Hormel
HoustOil Husky Oil
McCulich
Mitchike
emArms
Solifron Dey
Starrett Superint
Syntex
E— Teleflex
E— Va Usfilter
Wyo Bne
Standard & Poor's Index Report for Tuesday Listings
The Standard & Poor's indexes show industry and utility sectors with figures for Tuesday for 1941-43 bases. The table lists values around 114.70 for overall, 15.36 for utilities, 53.48 for industries, and 12.90 for a subset, with prior close of 114.99 15.43 53.53 12.92.
MENTIONED IN THIS ARTICLE
Bulow
Cheminy
Chessie
Chris Croft
Chrysler
inGas
Ap Citicorp
Cityinvest
ClevEic
CloroxCo
ConDota
Curtissw
Cyprus
Diebold
Signalc
VarRekl
Ronadl
Litton
Ye SoCiEd
SouthCo
Hallibtnig
LukenSt
PacPwr
Sonres
HomPoa
Ve Lykes Corp
Pactt
SoPacif
HarrisCon
Rae Pan Am Air
So Rail
HarteHk
Macmill
Ponhn
Sonsps
HeclaMn
Macy
Penn Centr
SoRond
Heinz H
Penney
Sauard
Hercules
Aquem
Pennsoll
Sarna
Stdocal
PepsiCo
Martin
Pfizer
Hobart
Massey Org
Phelpsd
SternOrg
Hol Inns
May DS
Philae
Stewen
StudeWrth
McDond
Philipsin
Ye Sun Co
McGre
PhilPet
Sunshm
Howardj
McGrw Hil
Pilisbry
Eae
McLean
Pitney Bw
Mead
idegiBo
Va Merck
Tenneco
ProcterGa
Texaco
Imperilc
MGM
Puscol
Texquif
Wvet
Inexco
Purexc
Ing Road
Texpcll
Mobasco
Ee TexUtil
Quakro
Ve Textron
Int Harry
Monson
JonLoga
NotAirin
ReynMt
VY Trinityind
Jostens
NuiDisti
Robshw
Trwin
JoyMfg
NuGyp
Ncrcorp
Rohr Indust
Va Konplt
NevPower
Kenmet
Va Nenge
RoviCr
Unocal
Kencott
NiogMo
Rovid
UnionPac
Kemcg
Va Nlindu
Uniroyal
KLM
Ye StRegis
Usindus
Kmort
NwBcp
Sander Asso
Ussteel
Kopers
Norton
Upjohn
Vamrel
Aasco Ogdenc
ScottPop
UV Indust
LeerSieg
Seogram
LeeEnto
Ya Kigge
Ye Seors
Ve Variana
Lehma
Okkintig
Shelloil
New York
Standard & Poor
First Mid-America
Chicago
Chicago Mercantile Exchange
Profit takers push stocks lower amid dollar slide
UPI reports early Tuesday trading sees profit taking as the dollar weakens on foreign exchanges. The Dow falls to 882.35 by 1:15 p.m. EDT, with 893 decliners to 446 advancers and about 16.12 million NYSE shares traded.
MENTIONED IN THIS ARTICLE
New York
UPI
Dow
Japan
Europe
NYSE
American Stock Exchange
Iowa Interest Butter and Butterfat Prices Reported
USDA price report shows butter delivered to Chicago steady at 93 score 1.1750 1.1850 and 92 score 1.1700 1.1750. Bulk prices to delivery firms and to retailers list Grade A extra large 63 66, large 59 61, mediums 55 57.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Cedar Rapids hog and grain markets mix steady with price shifts
Hog prices at Cedar Rapids Tuesday were mostly steady with cuts for heavier butchers and lighter for packers. Sows and heavier weights faced declines while lambs remained firm. grain futures showed modest gains for August and 1978 crops with soybeans rising and corn up slightly. Regional egg markets stayed steady with varied price ranges.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Livestock prices and grains from Des Moines and Chicago
Des Moines livestock trade shows moderate demand with butchers 50 lower and sows steady. prices for various weight classes listed. Chicago grain market reports No 2 hard red winter wheat about 1.25 and soybeans around 6.38 as corn and oats also noted with prices and formats.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Chicago
Dollar Slump Pushes Pound Over Two Dollars
The dollar sank on global markets with record lows against the yen, Swiss franc and mark. The British pound surpassed $2 for the first time since 1976 as traders cited the dollar’s weakness amid ongoing U.S. trade deficits and weak economic data.
MENTIONED IN THIS ARTICLE
London
U.S
Zurich
New York
Frankfurt
Tokyo
Far East
Europe
United States
J-TEC reports sales and profits rise in year
J-TEC Associates report sales of 2.044 million dollars and profit of 351 thousand dollars for the year ending May 31, up 41 percent in sales and 22 percent in earnings per share from the prior year. The Cedar Rapids firm also announced a licensing boost and a largest contract with Rockwell-Collins in 1977.
MENTIONED IN THIS ARTICLE
J-Tec Associates
Seventh Ave. SE
Ted Johnson
Japan
Europe
United Fire declares higher quarterly dividend
Directors of United Fire and Casualty Co. Cedar Rapids vote to raise the quarterly dividend to 25 cents a share from 20 cents. The first payment at the new rate will be Sept. 15 for shareholders of record Sept. 1. The company also reports first half 1978 earnings up 24 percent to 2,028,000 or 2.39 per share.
MENTIONED IN THIS ARTICLE
United Fire and Casualty Co
Cedar Rapids
Competition Ellis Jr. Boys 0-11 Medalists Named
Jones Park hosts junior events with winners Penny Collins Debbie Frazier and Michelle Wear in the Jr. Girls divisions while Scott Tschets chot and Jim Weiss lead the 12 13 and 14 15 age groups respectively in a local meet.
MENTIONED IN THIS ARTICLE
Mark Tschetschot
Scott Tschetschot
Jim Weiss
Jones Park Jr
Penny Collins
Debbie Frazier
Michelle Wear
Markets at a Glance on Tuesday
Stocks trading Tuesday lower in moderate activity. Bonds mostly lower. American stocks down in moderate trading. London stocks closed lower. Cotton and gold futures declined. Chicago grain futures rose. Cattle sales too light to set a trend. ON THIS DATE in 1948 Korea was proclaimed independent republic.
MENTIONED IN THIS ARTICLE
U.S. West North Central
Des Moines
London
Chicago
Independent Republic of Korea
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