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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 06, 1979

Page

40

New York stocks mixed in early trading list

Selected composite prices from United Press International show numerous equities fluctuating as of 10:30 a.m. with gains for Amarin and Amgen among others and declines for Ampex and Brunswn. market activity spans multiple sectors and major names across NYSE and Amex brackets.

United Press International Aetmolf Amarin Boker Ie & Brant Brunswn P-E Nds Lew c de Adobeo Bonistr BradRo Ve Brosconii

Live cattle and pork futures steady with some gains on CME

Markets report on Chicago Mercantile Exchange cattle and pork trades. Beef demand is fair to good with steers and heifers mostly higher. pork cuts show slow demand but select items firm to higher. Prices cited include choice steer 600-900 lb 91.25-107.50 and ham and belly ranges across several weight classes.

UPI Midwest Boston

Cedar Rapids Hog and Sheep Markets Steady Amid Price Shifts

The Cedar Rapids hog market was steady with the close on the butchers and 50c higher on the packers to 550 lbs. Prices for country and plant delivered butchers 200 to 230 lbs. ranged $37.00-$38.00, with various weight-based reductions for heavier hogs. Packing sows up to 550 lbs. were $27.00-$28.00. Sheep prices were steady with shorn lambs $60.00-$62.00 and wool lambs $58.00-$60.00. Buying hours are 7 a.m. to 10 a.m. Monday through Friday.

Cedar Rapids

Chicago Produce Prices Highlight USDA Bulk Sale Ranges

USDA price report shows unchanged delivery prices for certain grades and quality scores in Chicago markets. Retail carton deliveries for extra large, large and medium eye price ranges are listed, with notes on changes for higher delivery costs.

Chicago UPI Usda Hursday

Livestock Market and Grains Report With Lincoln Mention

Webster City hogs weighing 300 to 700 pounds traded around 98.50 to 99.75, prices off about 25 cents. In Chicago, wheat No 2 hard red winter 3.96, No 2 soft red winter 4.06 1/4, corn No 2 yellow 2.68 1/4, oats No 2 heavy 1.51 1/4, soybeans No 1 yellow 6.41 1/4. This date in 1847 marks Abraham Lincoln beginning service as Illinois representative.

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Iowa hogs trade opens as demand holds firm

Des Moines livestock report shows hog trade opening slow with good demand. Butchers weigh increases from 50 to 1.00 higher, sows steady to firm. Prices cited for various weight classes and regions, with estimated receipts around 100,000 and recent week comparisons.

Des Moines UPI

Poultry Market Steady Despite Light Offerings in Midwest

The Federal State Market News Service reports a steady undertone in the U S west north central poultry market. Offerings and trading are light for immediate pickup with moderate bookings at opening prices for January slaughter. Supplies are light while demand runs moderate to good, strongest sales in the southern area with some farm sales up to 11 cents per pound.

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

Housing rate drops less than expected in 3rd quarter

New housing starts fell 13 percent from a year earlier to 461,660 units in Q3, a modest decline given high interest rates. F.W. Dodge Division economist George A. Christie attributed the drop to strong demand for home ownership as inflation hedges and noted potential for a spring credit improvement to spark a fall recovery. Houston led with 10,511 starts, followed by Dallas and Phoenix among other metros.

New York UPI F.W. Dodge McGraw-Hill Dodge George A. Christie Christie Federal Reserve Houston Dallas Phoenix West Palm Beach Boca Raton Chicago Los Angeles-Long Beach Tampa Washington Detroit Seattle- Everett

Institutions push stocks higher but not much

Institutions were buying selectively and lifting prices on the New York exchanges. The Dow rose to 830.80, the NYSE index gained to 61.47, with 804 advances to 519 declines among 1,780 issues. volume about 20.56 million on the day. Diamond Shamrock led activity, Texas International rose after a block trade while UNC Resources eyed a possible acquisition. National Patent Development and Champion Home Builders also traded actively on the Amex.

New York UPI Iran New York Stock Exchange NYSE Diamond Shamrock Texas International UNC Resources UNC Amex National Patent Development Champion Home Builders

Dollar dips as gold climbs on world markets

The dollar softened in European markets with gold rising to 435 dollars an ounce in London and Zurich. Currency quotes show declines for West German marks, Swiss francs, French francs, and Dutch guilders, while Tokyo and London rates edged lower versus the dollar. In the U.S. livestock and grain reports, cattle and hog prices moved up in Joliet, with Des Moines notes indicating steady to firm markets and mixed grain prices on Cedar Rapids markets.

London Europe Frankfurt Zurich Paris Amsterdam Tokyo

Also Mentioned on This Page

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