Oils lead market higher amid mixed bank rate shifts
Oil issues helped lift stocks as Morgan Guaranty and Chemical Banks cut broker loan rates to 18 percent from 19 percent. Citibank kept its prime rate at 19 percent, tempering gains while Dow rose and NYSE volume topped 25 million. UAL, American Airlines, Gulf & Western climbed, Superior Oil posted strong earnings, and gold miners rose as bullion prices firmed.
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Local Classifieds Fragment Sparks Speculation
Fragmentary OCR text shows mixed symbols and prices, with unclear items. The readable bits hint at listings or notices but lack concrete names, places, or actions to confirm a full story.
Cedar Rapids Livestock Hog and Grain Prices Report
Cedar Rapids market Friday saw hog prices up 50c for butchers 210-240 lbs while packers under 550 lbs rose and heavier packers stayed steady. Sheep and wool quoted steady. grain futures mixed with soybeans and white corn moving higher and oats steady. DES Moines markets noted undertone steady to firm with wide price ranges and strong farm egg quotes and beef and pork trade activity.
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Cedar Rapids
Des Moines
Federal
Interior
Iowa
Iowa Department of Agriculture
Central
N-Central
S-East
New York
Englehard
January retail gains across major stores slow from holiday spree
UPI reports January sales mixed across large and regional retailers. Sears Roebuck up 5 percent, Kmart up 8.6 percent, J C Penney flat, Woolworth down 1.4 percent, Montgomery Ward up 5 percent. Federated stores rise, with mass merch and supermarkets up strongly. Calder Inc posts 18.5 percent rise with seven new stores. Dayton Hudson up 19 percent overall, 1.5 percent in stores open 12 months. May Department Stores and Carter Hawley Hale show gains, Tandy up 20 percent, Zayre up 4 percent.
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New York
UPI
Sears Roebuck & Co
Kmart
J.C. Penney Co
F.W. Woolworth
Montgomery Ward & Co
Federated Department Stores
Calder Inc
Dayton Hudson Corp
Minneapolis
Department Stores
St. Louis
Carter Hawley Hale Stores Inc
Tandy Corp
Fort Worth
Texas
Framingham
Mass
Hogs in Des Moines Steady to Higher Demand
UPI reports hog market activity in Des Moines with slower to moderate bidding and steady sow prices. No. 1-2 200-230 lb butchers fetch 40.50 to 42.25, while larger 300-600 lb sows trade around 35.50 to 37.50. Estimated receipts 90,000.
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Des Moines
UPI
First Mid-America Chicago
Chicago Mercantile Exchange
Mid-America High
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