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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Aug 31, 1979

Page

15

New York Stocks Mixed in Wide Early Gains and Losses

National market roundup shows Abbott Lab and other blue chips trading on mixed momentum as of 10 30 a m United Press International lists composite prices with gains for airlines medical firms and tech names while utilities and energy shares edge lower across multiple exchanges and markets.

Boston Cincinnati p-Pacific U- Midwest Philadelphia United Press International AdobeOi BrasconiLt

Dow Jones Stock Average Report

United Press International notes a market snapshot for 30 2015 with the Dow Jones Industrial Average at 885.15, Nike 1.45, Netwig 1.45, Pet.cho 0.16 point changes, reflecting small declines in utilities and industrials.

United Press International Industris A.m Netwig Pet.cho Mission Ins Wallace Murray Litton Ind Ametek Inc Mission Insurance Allyn & Bacon Ametek Incq Arvin Ind Chittenden Co Guilford Mills Hawthorne Fnd Landmark Banking Searton Core Vaughan Jacklin

Standard & Poor's Index Figures From Friday

Standard and Poor's hourly indexes for Friday show Industrials at 121.37, Utilities at 52.30, and related figures with a Prev Close of 121.14, 52.44, and 13.60. The data appears as a brief market update from the UPI.

New York UPI Standard Poor Industris Utili Fact A.m

Cedar Rapids Senior Citizen Bus Dial Service

A dial service for Cedar Rapids senior citizens and handicapped riders is listed with phone contact 363 8244 for information and assistance.

Cedar Rapids

Egg prices rise on light demand in Des Moines market

Federal State Market News Service reports mostly higher incentive prices for eggs in Des Moines. Demand remains light to fair as holiday needs are met. supplies ample and farm receipts down 2 percent from last week. Grade A large or better 53-55c, mostly 55c. Grade A medium 39-43c, mostly 42c. other farm eggs Grade A large 30-43c, mostly 38-40c. Grade A medium 20-30c, mostly 23-26c. Grade B large 15-25c, mostly 16-20c.

Des Moines Federal

Livestock and Grain Prices Across Markets Friday

Market notes from Joli et and Sioux City led by hogs and cattle queues. Chicago price reports show higher butter and mixed eggs with USDA selling prices. Cedar Rapids market details include hogs cattle sows and grain futures with holiday hours noted.

Cedar Rapids

Midwest meat trades show selective gains and slow pork demand

UPI reports beef markets mixed with limited demand and small gains for choice steer meat in the 600 to 900 pound range. Pork trade is slow with varied results across cuts such as fresh loins hams and seedless bellies, with prices shown as steady, higher, or no trend depending on weight.

Des Moines UPI Midwest

Chrysler bosses take $1 a year pay to aid company

Chrysler Corp executives John Riccardo and Lee Iacocca will reduce their salaries to $1 a year for two years, earning stock credits tied to Chrysler’s share price with payoff at the end of the period. The plan starts Saturday as the company seeks profitability and federal aid, while upper management faces broader pay cuts.

Detroit Chrysler Corp Chrysler John J. Riccardo Lee A. Iacocca Iacocca Ford Motor Co Treasury Department

Special situations and oils lift stock market on Friday

Stocks rose on Friday led by special situation issues and oil shares as pre holiday trading remained light. The Dow gained to 886.42, the NYSE index rose to 62.32, and volume edged higher with 15.47 million shares trading on the NYSE. Tenneco topped activity, MacMillan held, Gulf Oil advanced, and Numac Oil & Gas led Amex movers amid merger chatter but no firm offers.

NEW York UPI New York Stock Exchange NYSE American Stock Exchange Tenneco MacMillan Inc Mattel MacMillan Gulf Oil Smith Smith's Amex Numac Oil & Gas Numac Great Basins Petroleum

Iowa Hog Prices and Demand Amid Holiday Slump

Hog trade for Friday shows moderate demand with several buyers out for holiday. Butchers steady, sows steady, No 1-2 200-230 lb butchers 39.00-39.50 with some 38.50-40.00, Western area around 40.50 for 100 head, 230-250 lb 38.25-39.50, 250-270 lb 36.75-38.00, 270-300 lb 34.00-37.50, 300-600 lb sows 29.00-30.50. Estimated receipts 55 000 today, 5 000 Saturday, week total 93 000 plus 5 000 Saturday, year ago 51 000 and 7 000 respectively.

Des Moines UPI Western

Poultry Market Report From Western Central States

News Service reports Friday that live hens in the U S west north central states show active trading with light offerings and short supplies. Buyer sentiment is weak as demand remains moderate but not aggressive and buyers bid lower. Prices quoted in cents per pound at farms. commercial flocks too few to report prices.

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

Basic money supply drops in latest reporting week

The New York Fed reports M1 fell 1.3 billion to 374.2 billion for the week ending August 22, while M2 declined 300 million to 922.9 billion. Analysts say the drop may allow the Fed to pause tightening until the September Open Market Committee meeting.

New York UPI Federal Reserve Bank of New York Fed David M. Jones Aubrey G. Lanston & Co

Jobless Rate Rises Slightly in Iowa in July

Des Moines reports unemployment at 3.5 percent for July, up 0.2 points from June and down 7,100 from the prior year. Jobless total reached 50,900 with gains in construction and wholesale trade but declines in non manufacturing sectors including schools and restaurants. Manufacturing shed 2,900 jobs.

Des Moines Iowa Steve Rosenow Job Service of Rosenow

CRST Wins Temporary Route Authority Expansion

CRST Inc of Cedar Rapids received temporary authority to operate on former Western Transportation Co routes. Chairman Herald Smith said CRST has applied for permanent authority, expanding service to Quad-Cities Ottumwa Oskaloosa Fairfield Knoxville Des Moines Keokuk Mount Pleasant and Mason City in Iowa and Illinois. The plan adds pickup rights and a new eastern states carrier option, with Western having bankruptcy history. CRST serves a 36 state area and the new service is already underway.

Western Transportation Co Crst Inc Cedar Rapids Herald Smith CRST Iowa Illinois Smith Quad-Cities Ottumwa Oskaloosa Fairfield Knoxville Des Moines Keokuk Mount Pleasant Mason City CAST Western Transportation Chicago

Dollar Mixed On World Markets As Gold Hits Record

The dollar showed mixed movements across markets with gold hitting a record high near 320 an ounce before retreating in London and Zurich. The dollar slid to 220.10 yen in Tokyo after a nine day rise, while the pound opened at 2 2500 dollars in London. London Zurich and Frankfurt saw gains, but Paris Milan and Amsterdam saw dollar declines. In 1654 the Rhode Island General Assembly banned liquor sales to Indians.

London Europe Zurich Tokyo Frankfurt Paris Milan Amsterdam General Assembly of Rhode Island

Also Mentioned on This Page

AbbottLab AirgLud Va AlliedChm AllisCh Ee Ve Amida AmAirin Cyan Aeipwr Amhoisto AmStand AmStors AmTelTel Ametek AMF Armco Bendix Black&d Borden BostEd Broniff BrisMy Brunswk Ve Dillon Gulfstu LTV Corp Bucyrus Bunkr Penney BurlNa Pepsico Am Dresser Harte Hk Pfizer Ike & Bakee Pillsbry Hongwl PSERG Chris Craft Excelo Oe Et Ny Exxon Bette Reina biCol Gos Iant&t E Tek Corp Nabisco Rockwil Conoco Gannett Gen Foods StRegis Kennett Slae Ieee Kimbc Curtiss W Gillette Lehm Deere Gwstfni Grohnd Gulf Oi la Pacif An Amir Va Savibb St Brnd Stdocol Std Oilind StOilOh Tandy Corp Texeco TexGas Texquill Texas TexUtil TimkenCo Transam TranUn TranUn 2.36 9 30 M%1 % Trans W Ce TriCon Trinityind Ualinc UnCarbide UnElec Unocal UN Pac Uniroy! Inc WinnDx Xerox Zale Cp A Zoyre Corp Va ZenithRad Zurnind McCullch Ol Ae Mitchiie RescCott Solition Dev Syntex Ye Teleflex Usfilter Standard & Poor's Index Joliet Livestock Sioux City Livestock Sioux City USDA C.R. Markets East First Mid-America Chicago Mercantile Exchange First Mid-America Shearson Hayden Stone Inc Equity Ins. Fund Archer Daniels Banks of Iowa Beatrice Foods Sven Brenton Banks, Inc Onrac Conslidated Foods Excello Corp Harnischteger Hawkeye BanCorp Interstate Power Towa Electric Towa i Il. Gas John Keuffel & Esser I Investors, Inc Ene Maytag Mid Rockwell United Fire & Casuarty United Guaranty Universal Foods Ember Ersatevenes SAUDY Reginald Stuart New York Times Hogs Wright Homes Aere Howard McCartney Davenport CBS Homes. Inc Main Street la Crescent
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