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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 27, 1979

Page

26

New York Stocks and Market Summary From UPI Data

Selected composite prices as of 10 30 a m from UPI show numerous stocks with varied moves across major markets. Nationwide and NYSE composites include notable names such as Pfizer, Texaco, IBM, and Polaroid with prices and percent changes, alongside dividend and exchange notes.

United Press International Williams Xerox Zale Cp Zoyre Corp Zenith R Zurn Ind Amex Boston Cincinnati p-Pacific

Cedar Rapids hog and sheep market prices Thursday

Cedar Rapids hog market slid 500 to $1 lower for butchers and packers across weight classes from 400 lbs to over 550 lbs. Bulk country and plant delivered butchers 200 to 230 lbs sold at $37.00-$37.50. Packing sows 400-550 lbs brought $30.00-$30.50 and sows over 550 lbs $29.50. Sheep prices rose about $1 with shorn lambs $62.00-$64.00 and wool lambs $60.00-$42.00. Buying hours are 7 a.m. to 10 a.m. Mon-Fri.

Cedar Rapids

Iowa hog market drifts lower as demand stays light

Livestock note reports slow hog trade with buyers reluctant to cut prices. Butchers down 1.00 to 1.50, some 2.00 softer than mid week, sows steady to firm. No. 1-2 200-230 lb hogs mostly 37.00-38.00, heavier hogs 32.50-36.50, sow quotes 29.00-31.00. Grain prices rise for soybeans and mix for corn. Cedar Rapids processor bids listed for December through new crop contracts.

Des Moines UPI Cedar Rapids

Market News Brief from Des Moines on Eggs and Beef Trade

U.S. west north central reports show eggs in markets with adequate holiday supplies and mixed prices for Grade A eggs. Beef and pork trades move slowly with light demand. steers steady or higher in some ranges, pork loins and hams show declines in several weights. overall undertone uneasy amid irregular supplies.

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

General Mills reports record quarterly and half-year sales

General Mills posted its highest second quarter and first half sales and earnings in history. Second quarter sales rose 10.1 percent to 1.2 billion with earnings up 21.5 percent to 61.7 million and earnings per share up 20.8 percent to 1.22. For the six months ending November 25, sales increased 8.8 percent to 2.1 billion, net earnings 11.2 percent higher to 104.5 million and earnings per share 10.7 percent higher to 2.07. Excluding English snacks travel and Kimberly apparel units, half-year sales would be up 14 percent.

Minneapolis General Mills Edgewood Road Cedar Rapids Kimberly Women’s

MorAmerica names five new officers

MorAmerica Financial Corp. announced five officer appointments at its annual meeting at the American Building. New officers include Richard Myers and George L. Leh nertz, Michael L. Green, Arthur A. Greve, Robert W. Kubik, Larry Kellerhals, and Kenneth Kocher. Robert E. Johnson remains president and other officers and directors were re elected. Service awards honored Melvin Struthers Jr. and Roger Larson for 20 years, with several others recognized for 15 and 10 years. Also noted is a 1974 Leivin coal mine explosion in northern France killing 41 men.

MorAmerica Financial Corp Richard Myers George L. Lehnertz Michael L. Green Arthur A. Greve Robert W. Kubik LeaseAmerica Larry Kellerhals MorAmerica Mortgage Kenneth Kocher Morris Plan Co Iowa Peter F. Bezanson Robert E. Johnson Jerry S. Maples John J. Bryant Sr Robert McGannon Melvin Struthers Jr Irene B. Kenecny James M. Allen R.B. Bezanson Randall P. Bezanson John J. Bryant Kenneth L. Hastie Frank T. Nye Allan C. Peremsky H.A. Schimberg B.D. Silliman Roger Larson Mar

Two Chamber Groups Elect 1980 Officers

Two Chamber of Commerce bureaus have elected officers for 1980. Norman Schroeder of Armstrong's was named chairman of the Central Retail Merchants bureau with Nancy Neill Little Fair of Inner Space Inc. as vice chairman. Norman Popenhagen, Linn County safety director, becomes Fire Prevention Committee chairman, succeeding Lee Shay, while Roger Gordon of Square D Co. is elected vice chairman. The groups run cooperative retail programs and sponsor safety initiatives including Fire Prevention Week and Junior Fire Marshal.

Chamber of Commerce Norman Schroeder Armstrong’s Central Retail Merchants Bureau Nancy Neill Littlefair Inner Space Inc Norman Popenhagen Linn County Lee Shay Roger Gordon Square D Co Merchants’ Group Central Business District

Gold hits new peaks in Europe as dollar weakens

Gold climbs to record levels across European markets with London fixing at 508.75 and Paris reaching 523.96 an ounce amid a weak dollar and geopolitical tensions. Prices rose from pre holiday levels as Zurich and Tokyo also showed gains and oil prices stayed firm.

London Europe Afghanistan U.S Tehran New York Zurich Paris Frankfurt Amsterdam Milan Tokyo Commodity Exchange Inc Republic National Bank of New York

Stocks Dip as Negative News Persist Renews Market Tension

New York stocks drift lower amid rising Near East tensions. Dow edged down to 837.71 by midafternoon, NYSE index eased to 61.81, and market breadth favored declines 763 to 550. Gold and silver miners moved mixed while Sterling Drug and American International saw notable activity.

New York UPI New York Stock Exchange Dome Mines Campbell Red Lake Homestake Mining ASA Ltd Handy & Harman Asarco Callahan Mining Sunshine Mining Hecla Rosario Resources Sterling Drug NYSE Midwest Stock Exchange

Also Mentioned on This Page

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