Stocks in Wild NY Market See Composite Prices
United Press International reports New York stocks with composite prices as of 10:30 am and again at 11:20 am. The listings include Abbott Amcor Ampex, Aircoal, Alcan and many others with highs lows and last sale figures, alongside dividends and indicators for multiple exchanges and market indexes.
MENTIONED IN THIS ARTICLE
United Press International
Abbott
Nor
It&t
Amster
Armcos
Asorco
fondOl
S Corp S
Pet
Bucyrus
Budd Co
Bulova
Bank Ramo
Pli
Burlind
BuriNo
inPoc
U.S. Buying Power Overseas Slips. Trade Deficit Seen Big
The Commerce Department reports a 5 percent drop in American buying power abroad in Q4 1977 as foreign central banks intervene to support the dollar. The balance of payments deficit and a $31.4 billion trade gap weigh on the dollar, with losses against the yen and European currencies while the Canadian dollar strengthens. Retail sales plunge 3.1 percent in January, auto production falls, and a coal strike plus heavy snows drive the biggest production drop since March 1975.
MENTIONED IN THIS ARTICLE
Washington
UPI
U.S
Commerce Department
United States
Department
Fed
Eggs steady as demand mixed in Des Moines market
The Federal State Market News Service reports steady undertone in the Des Moines area with light to moderate offerings and patchy trading. Prices paid at farms show Grade A large 47-52 cents per dozen, Grade A medium 41-48 cents, other eggs down to 12-24 cents for Grade B, with most quotes near midpoints and farm receipts up about 2 percent from last week.
MENTIONED IN THIS ARTICLE
U.S. West North Central
Des Moines
Federal State Market News Service
Cedar Rapids Hog Market Dips Amid Price Ranges and Holiday Shutdown
The Cedar Rapids hog market Thursday fell by $1.00 with bulk buyers paying $47.50 to $48.00 for 200 to 230 lb butchers. Heavier hogs faced tiered discounts up through 300 lb, while sows at 300 lb fetched $42.00 to $42.50. The Cedar Rapids sheep market held steady with lambs at $58.00 to $62.00 and lambs over 105 lb discounted. Grain prices were mostly steady with February corn at $2.05, soybeans around $5.40, and oats near $1.30, per Pro Farmer Grain.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Wilson Foods
First Mid-America Chicago
Chicago Mercantile Exchange
Dow Jones tumbles as fears rise and rates loom
New York sees another stock drop as the Dow Jones average slides 8.40 points to 753.29 by noon amid worries over rising interest rates and a weakening dollar. Market trading volume on the New York Stock Exchange climbs to 10.40 million shares by noon.
MENTIONED IN THIS ARTICLE
New York
Dow Jones
Editor Schreiner Wins Two Neal Awards for Buildings Magazine
Phil Schreiner editor of Buildings Magazine at 290 Brentwood Place NE wins two Neal Editorial Achievement Awards at the Winter Business Conference ceremony at the Americana Hotel. The awards honor a series of editorials and a June 1977 special issue on modernization, boosting Schreiner's total to seven over five years with the publication.
MENTIONED IN THIS ARTICLE
New York
Phil Schreiner
Brentwood Place
Buildings Magazine
Jesse H. Neal
American Business Press
American Business Press Inc
Americana Hotel
Schreiner
Neal
Buildings
Stamats Publishing Company
Cedar Rapids
Des Moines Livestock Markets Report Trade Slows Across Hogs and Beef
UPI reports moderate trade and demand in Des Moines as hog prices fall 1.00 for butchers and sow categories across weight ranges. Estimated receipts run 70,000 with Wednesday at 94,000. pork, lard and bellies show price declines while beef trade remains slow with limited sales and steer and heifer quotes in the 68.00 to 73.50 range.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Midwest
Junior Achievers to Waterloo state conference
Forty members of the Junior Achievement program from Cedar Rapids Marion Vinton and Iowa City will attend the Iowa Division Achievers Conference in Waterloo this weekend. More than 200 Iowa High School students will meet for the conference with seminars and a college fair. Dial-A-Lite named IA company of the month for January for its student run fireplace log lighter business.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Marion
Vinton
Iowa City
Waterloo
Dave Bishop
Iowa
Bishop
Dial-A-Lite
Northwestern Bell
Brenton Bank Posts Large Deposit and Loan Gains
Brenton Bank and Trust Company of Cedar Rapids reports 1977 deposits of 12.7 million up 28 percent from 9.9 million in 1976 while loans rise 31.3 percent to 10.6 million from 8 million. President Donald Nebergall cites electronic funds transfer and outlet terminals as driving customer use with about 1,000 transactions weekly.
MENTIONED IN THIS ARTICLE
Brenton Bank and Trust Company of
Cedar Rapids
Donald Nebergall
Nebergall
Brenton
American Reinsurance posts strong fourth quarter and annual gains
American Re-insurance Co reports higher fourth quarter operating income of 9.8 million and net income of 8.1 million after capital losses. For the year to December 31 operating income reached 27 million and net income 25.4 million, with earnings per share rising to 4.94 and 1.81 per quarter respectively. Net investment income also climbed to 10.9 million in Q4 and 40.8 million for the year. Total assets stood at 862.8 million with stockholders equity of 137.5 million.
MENTIONED IN THIS ARTICLE
American Re-insurance Co
United Traffic Up 10.3 Percent at Cedar Rapids 1977
United Airlines reports a 10.3 percent rise in Cedar Rapids passenger traffic for 1977 with 329,918 boarded and deplaned, placing the airport 42nd among United's 92 airports. Freight volume increased 6.1 percent to 4,293,719 pounds. Priority mail also rose 31 percent from 455,425 to 659,643 pounds.
MENTIONED IN THIS ARTICLE
United Airlines
Cedar Rapids
United
Marty Kloska
Kloska
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ShellOil
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