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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

Dec 04, 1980

Page

36

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.

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.

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.

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.

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.

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.

New York UPI Dow Jones New York Stock Exchange Wall Street Sony Corp Signal Cos Colgate-Palmolive Boeing Kmart

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