Cedar Rapids Gazette Archives, Aug 17, 1978, p. 28

New York Stocks Composite Prices From UPI Report

West coast and national markets show AbbottL to Abbott Labs trading around 72 with mixed gains across Amex NASD and NYSE listings. The UPI composite captures wide notable names including Exxon, IBM, Ford, Texaco, Coca Cola, and Chevron with varied price shifts as of 10:30 a.m. NYT update.

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Dow Jones crosses 900 mark as Carter aids dollar

UPI reports a broad market rally with the Dow Jones industrial average surpassing 900 on heavy trading after President Carter pledged action to strengthen the dollar. The NYSE index rose to 59.48 and overall turnover surged as institutions dumped cash into stocks.

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New York UPI Carter Dow New York Stock Exchange Treasury W. Michael Blumenthal Federal Reserve G. William Miller Blumenthal Senate Finance Committee Miller Fed NYSE American Stock Exchange

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Midwest meat prices ease amid slow trade in Des Moines

DES MOINES UPI Midwest meat trade slows with light demand and limited offerings. Beef prices show mixed moves with some gains for select steers and heifers, pork prices steady to higher for loins and hams, and bellies and other items varying. West north central live hens market reports undertone firmer as demand remains good and supplies stay tight.

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Des Moines UPI Midwest U.S. West North Central States Federal State Market News Service

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Blumenthal calls for shift in tax cut distribution

Treasury Secretary Blumenthal urges Congress to reshape a 16.3 billion House tax cut so more relief goes to lower income groups. He proposes a 240 per person credit replacing exemptions and credits, warning against inflation risks if cuts grow too large. Senate leaders favor potential expansion if budget allows.

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Washington House Treasury W. Michael Blumenthal Senate Finance Committee Blumenthal Finance Committee Sen Russell Long D-La Senate Committee Carter Senate Long

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C&NW seeks federal loan for coal line expansion

The Chicago and North Western Transportation Co. asks a 386 million dollar federal loan guarantee to build about 100 miles of new track to connect Wyoming Pow der River Basin coal with its east west main line at Fremont Nebraska and to rebuild 500 miles of existing rails. The project would move at least 20 million tons of coal annually.

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Chicago UPI Chicago and North Western Transportation Co C&nw Wyoming Powder River North Western Eastwest Fremont Neb Burlington Northern Railroad Nebraska Federal Railroad Administration

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Markets at a Glance: Stocks Edge Higher in Heavy Trading

Markets at a Glance reports UPI notes American stocks higher on heavy trading while London closes slightly lower. Cotton futures rise as gold futures fall and Chicago grain futures advance. Cattle sales fail to establish a market trend.

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Daily agricultural and commodity market report from Omaha and Chicago

Livestock quotes show hogs 50 to 75 cents higher on 200-240 lb barrows and gilts, cows mixed, steers 50.00-50.75, heifers 44.00-47.50. Wheat and corn futures steady to higher. soybeans up on August contracts. Grain prices and egg butter quotes released from Cedar Rapids and Chicago markets with regional buying activity noted.

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Sioux City USDOA U.S Epenerensenaseseranesse Sepengens Peccere Omaha (Ap USDA Cedar Rapids

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Coal reserves on leased land lack federal estimate

The General Accounting Office warns there is no accurate federal count of coal reserves on land leased to coal companies. While the US Geological Survey cites 12.8 billion tons recoverable, leasing companies estimate 10.5 billion tons, raising risk of price speculation as firms may hold supplies awaiting higher prices.

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Washington Congressional General Accounting Office U.S. Geological Survey

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Drivers blame pedestrians in Nevada traffic cases

In Carson City Nevada motorists offer excuses after crashes. A Nevada Office of Traffic Safety list quotes drivers blaming pedestrians for incidents including misread signals and distractions. One says he glanced at his mother in law and swerved. Others claim pedestrians caused or dodged accidents.

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Carson City Nev Nevada Nevada Office of Traffic Safety

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Amex Va Brasconti Comptree Carnatn RescCott Solitron Dev Cig Standard&Poor’sindexes Standard & Poor Industris Dow Jones Sioux City Livestock Joliet Livestock Ket Iowa Thurday Shearson Ha Stone Inc Equity Ins. Fund Am. Rein Archer Beatrice Foods Aeaseg Consolidated Foods Cell-O Corp Harnischfeger Hawkeye BanCorp Mapco Cothese Mid-Amer Miracle O's Ozark Quaker Roth Va Rockwel Syntex United Fire & Casualty United Guaranty Universal Foods Ereetane Univor Winnebago Bangor Punta Barnett Bris Fiaq Frigitronics Reeves Brosq Showboat Inc Wyman Gordon Stee Columbia Savings & Loan Teltronics Services Utd Brands WeareNo Publicker Industries Inc AL Amer Tel & Tel Amoskeag Coq Bradford Notiq Briggs & Stratton Carriers Geni Chemical Seaman G Chesebrough Ponds Consumers Gas Douglas & Lomason Elizabethtown Wat Emons Ford Mot Cde Hoffman Ind Kidde Walter Merchants Ntl Mickelberry Shearson Hayden Stone Inc First Mid-America Chicago Mercantile Exchange Omaha Livestock Bob Mitchell Movement YWCA Shirley Moore Bill Dare Clayton Mossman George Alberts Ruth Helm Bill Jennings Ken Hixon Joe Verbick Linda Hancox Golf Gazette Co Hillcrest C.C Tom Merryman John Donnelly Les Lawrence Judy Doubenmeier Mark Dukes Charles Moe Ellis Diana Faulkner Mary Kay Stepanek Kathy Zamastil Evelyn Knott Nancy Knowles Geneva Wear Helen Schwitzer Vi Schenken Nino Farland Jean Petrzelka Sally Badger Arlene Staub East Lowa Farm Chicago Cash Grain Seteessen Eueeten David Hume Dial Aeront

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New York Stocks Composite Prices From UPI Report

MENTIONED IN THIS ARTICLE

Dow Jones crosses 900 mark as Carter aids dollar

MENTIONED IN THIS ARTICLE

Midwest meat prices ease amid slow trade in Des Moines

MENTIONED IN THIS ARTICLE

Blumenthal calls for shift in tax cut distribution

MENTIONED IN THIS ARTICLE

C&NW seeks federal loan for coal line expansion

MENTIONED IN THIS ARTICLE

Markets at a Glance: Stocks Edge Higher in Heavy Trading

MENTIONED IN THIS ARTICLE

Daily agricultural and commodity market report from Omaha and Chicago

MENTIONED IN THIS ARTICLE

Coal reserves on leased land lack federal estimate

MENTIONED IN THIS ARTICLE

Drivers blame pedestrians in Nevada traffic cases

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New York Stocks Composite Prices From UPI Report

MENTIONED IN THIS ARTICLE

Dow Jones crosses 900 mark as Carter aids dollar

MENTIONED IN THIS ARTICLE

Midwest meat prices ease amid slow trade in Des Moines

MENTIONED IN THIS ARTICLE

Blumenthal calls for shift in tax cut distribution

MENTIONED IN THIS ARTICLE

C&NW seeks federal loan for coal line expansion

MENTIONED IN THIS ARTICLE

Markets at a Glance: Stocks Edge Higher in Heavy Trading

MENTIONED IN THIS ARTICLE

Daily agricultural and commodity market report from Omaha and Chicago

MENTIONED IN THIS ARTICLE

Coal reserves on leased land lack federal estimate

MENTIONED IN THIS ARTICLE

Drivers blame pedestrians in Nevada traffic cases

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Also Mentioned on This Page

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