Chamber Adds 11 Counties to Cedar Rapids Trade Area
Cedar Rapids Chamber of Commerce gathers evidence from parking surveys showing 11 additional central and northern Iowa counties, including Polk and Wright, contributing regular visitors to Cedar Rapids. Total claimed trade area would reach 51 counties and over 2,000,000 people, with Westdale Mall and Lindale area upgrades cited as a strong retail package.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa
Polk County
Polk
Wright
Hamilton
Webster
Boone
Story
Dallas
Worth
Mitchell
Cerro Gordo
Floyd
Harold Ewoldt
Chamber
Westdale
Ewoldt
Lindale
New York Stock Averages Shown With Gulf and Dow Leaders
A dense New York market bulletin lists composite prices for Gulf Oil and many Dow and NYSE blue chips. It notes ranges, percentage changes, and notable movers among firms like Abbott, Texaco, IBM, Pennzoil, Merck, and Pfizer, reflecting activity across sectors and indexes at 5 p.m. New York time UPI reported.
Credit union loan rate ceiling raised to 21 percent
The National Credit Union Administration raised the federal loan ceiling from 15 to 21 percent for nine months, applying to 12,700 federally chartered credit unions. The change follows higher money market rates and may be tempered by costs and competition. state-chartered unions are largely unaffected.
MENTIONED IN THIS ARTICLE
Washington
UPI
National Credit Union Administration
NCUA
John Culhain
Cedar Rapids Hog and Grain Markets Edge Lower and Steady
Cedar Rapids hog prices eased 50 cents for butchers 210 to 240 pounds while packers under 550 pounds held steady. Sows under 550 pounds at 39.50 to 40.00 and over 550 pounds at 39.50. Light weights 200-210 pounds discounted 50 cents. 240-300 pounds discounted up to 75 cents per 10 pounds. Sheep market steady with wool at 56 to 58 dollars. Grain and futures mixed with corn around 3.33 to 3.48 for December to March deliveries and soybeans near 8.17 to 8.55. Local grain quotes and livestock reports from Cedar Rapids and Sioux City.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Sioux City Livestock
Sioux City
UPI
Thursey
Morris Plan
Czechoslovakia
Cedar Rapids Morris Plan
Bohemia
Iowa Meat Trade Mixed as Beef Prices Hold Steady
Midwest buyers reported light beef demand with steer and heifer prices steady to 1.00 higher. Beef quotes included 98.00-99.00 for 600-900 lb steers and 96.00-97.00 for 550-700 lb heifers. Pork values showed 14-20 lb toines at 90.00-90.25 and varied lean hog prices with 26 lb and up around 73.00. Webster City livestock traded 1,200 head with 200-700 lb hogs and sows 40.50-42.00. Ten years ago the Iowa State Board of Regents sought 229.1 million.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Midwest
Rom ‘Hoades Inc
Am Equity
Am. Ins. Fund
Archer Daniels
Banks of Iowa
Beatrice Foods
Brenton Banks
Conrac
Consolidated Foods
Dominion Bridge
Can
Interstate Power Ve
Lowe Electric
Lowall, Gas
Joan Deere
Keuffel & Esser
Life Investors. Inc
LTV
Mapco
Mid-America
Eas
Wve Roth
Rockwell
Syn
Hog and poultry market roundup from Des Moines
Iowa hogs show slow to moderate trade with lower butcher quotes and sows near steady. Receipts about 95 thousand. chick and egg prices steady with mixed supplies and unchanged overall undertone as post holiday activity eases.
MENTIONED IN THIS ARTICLE
Des Moines
Stocks Inch Higher Amid Moderate Trade On Inflation Fears
The Dow rose to 974.23 as 1,842 NYSE issues traded about 27 million shares. Banks raised prime rates to 18 percent, with talk of a looming peak. car sales and new home sales fell in October. Oglala Sioux Archery Co. dropped a $300 million Kmart lawsuit last month. trading featured Sony, Colgate-Palmolive, Boeing and Kmart among active NYSE issues.
MENTIONED IN THIS ARTICLE
New York
UPI
Dow Jones
New York Stock Exchange
Wall Street
Sony Corp
Signal Cos
Colgate-Palmolive
Boeing
Kmart
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German Sciences
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Splis
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Amosk
Beatrice ‘Oods Q Ve Ne
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Mahe
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Noti Trust
Summit Energy O