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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

Feb 24, 1978

Page

20

New York Stock Prices and Market Averages Report

Composite prices for selected stocks as of 10 30 am and 11 20 am from United Press International show varied highs and lows. Dow Jones averages and Standard & Poor's indexes are listed with current readings, percent changes, and explanatory notes on dividends.

United Press International Cho Abbott AlvedChm AliiedSt AllisCh AMAX Am Airlines Amstor Armcos ArmsCork Bell Hwi Bendix Beth Steel Block&d Boeing BoiseCa Borden Borgo W BostEd Branitf BrisMy BrGrup Bucyrus Burlind Adobe Oil DOW Jones United Press Standard & Poor's Indexes New York UPI Standard & Poor Industras Boston Cincinnati p-Pacific U- Midwest Philadelphia

Auto makers post mid February sales rebound

GM and Ford report gains of 22.3 percent and 2.3 percent in the eight selling days of mid February, offsetting declines at Chrysler and AMC amid easing winter weather. GM leads with 128,822 domestic car sales, Ford at 57,452, while market share climbs near 60 percent for GM and 26.7 percent for Ford.

Detroit API General Motors Corp Ford Motor Co Chrysler Corp American Motors Corp Ford Midwest AMC Chrysler Robert D. Burger Gordon B. MacKenzie

Wide gains on second day of rally in New York

The stock market posted broad gains as the noon Dow rose 3.64 points to 754.59 on light volume of 9.56 million shares on the Big Board. In Des Moines, UPI reports Midwest carrot meat trade activity with mixed beef and slow pork demand, noting various price points for steer, heifer, and pork cuts.

New York Des Moines UPI Midwest

Cedar Rapids hog and sheep market report with price moves

Friday market notes show the Cedar Rapids hog market steady for butchers and 25 to 50 cents lower for sows with price ranges for 200 to 230 pound butchers at 47.00 to 47.50, sows at 40.00 to 40.75, and weight-based reductions up to 1.00 for heavier loads. sheep prices up 1.00 with lambs at 65.00 to 68.00 and wool lambs 60.00 to 65.00 while 105 pound plus lambs face discounts. In Des Moines the Federal State Market News Service reports prices unchanged, demand light, ample supplies, with farm egg quotes varying by grade and size and a note that 1863 marks Arizona’s territorial organization.

Cedar Rapids Des Moines Federal State Market News Service

Low German trade surplus shifts dollar gains in Europe

The dollar firmed against the West German mark after Germany reported a January trade surplus of about 920 million dollars, down from 2.09 billion in December. Morning rates: Frankfurt 2.0188 marks, Zurich 1.7830 francs, Milan 851 lire, Paris 4.765 francs, London pound 1.9510 dollars.

London Frankfurt West Germany Zurich Milan Paris

Real estate officer put on probation in Iowa case

Thomas R. Kelly Jr., secretary treasurer and managing broker of Gohmann and Associates, was severely reprimanded and placed on one year probation by the Iowa Real Estate Commission for sloppy bookkeeping and commingling trust funds. The commission ordered audits of Gohmann’s books during the probation to ensure compliance with state law.

Gohmann and Associates Realty Iowa Real Estate Commission Thomas R. Kelly Jr Cedar Rapids Kelly John Adams Real Estate Commission Adams Gohmann Des Moines Cecil Galvin The

Honda bikes and Dodge pickups recalled over safety defects

The National Highway Traffic Safety Administration announced recalls affecting about 118000 Honda motorcycles and 20000 Dodge light trucks. Honda bikes 1975 to 1978 CB750F and GL1000 with rear disc brakes may have wet weather braking issues, with 72 owner complaints and 11 injuries noted. Dodge 1977 and 1978 pickups may leak fuel vapors due to a vent system flaw. no injuries reported.

Washington Honda National Highway Traffic Safety Administration American Honda Motor Co. Inc Dodge Chrysler Corp

Iowa hog market trades and weights for Friday

Iowa hog market reports slow trade and moderate to light demand with butchers steady to higher on some weights and sows lower. Prices range for No 1 3 hogs 200 230 pounds to 240 pounds and heavier weights with varying caps. receipts estimated 65 000 with weekend and prior day figures noted. Futures trading on the Chicago Mercantile Exchange follows.

Des Moines UPI Iowa

Poultry and Grain Prices Mixed in Cedar Rapids Market Report

The Friday market update shows steady poultry demand in west north central states with light offerings and adequate supplies. Booking activity is moderate at open prices for late March and early April, with farm prices around 61/2 to 71/2 cents per pound. Grain prices edge higher for soybeans while corn and oats hold steady, with Cedar Rapids processors quoted for No 2 and new crop corn, old and new soybeans, and oats.

U.S. West North Central States Des Moines Federal State Market News Service Cedar Rapids

Chrysler Sees 1978 Profit Despite Early Quarter Loss

Chrysler Corp expects to stay profitable in 1978 after an anticipated first quarter loss and lower earnings for the decade, with 1977 profits down from 1976. Chairman Riccardo says staff changes are unrelated and notes capital outlays will top 1977 levels as a $7.5 billion five year modernization program proceeds.

Detroit Chrysler Corp John Riccardo Chrysler Eugene Cafiero Riccardo

Bridge Howell movement winners at Kenwood Park church

Thursday game at Kenwood Park Presbyterian Church awarded first place to Mrs. Joe Stepanek and Bruce Thiher. Ruth Helm and Bill Dare tied for second with Ken Burbach and Mrs. R. W. Water. Next game set for Thursday at 12 30 at the church.

Howell Movement Kenwood Park Presbyterian Church Joe Stepanek Bruce Thiher Ruth Helm Bill Dare Ken Burbach R.W. Water

Also Mentioned on This Page

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