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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 03, 1980
Page
20
United Press International data show early 10:30 a.m. figures for New York stocks and Amex composites. Notable names include Abbott Labs and Exxon with varied moves, while many firms display small gains or declines amid active trading. Industry sectors span oils, chemicals, and consumer goods with prices reflecting recent market shifts.
Iowa hog market reports slow trade with demand moderate. Butchers steady to 50 lower, sows steady to firm. Prices for No 1-2 200-230 lb butchers run 36.50 to 37.50 with some 36.00 to 37.75. 230-250 lb 35.75 to 37.50. 250-270 lb 34.25 to 36.75. 270-300 lb 32.00 to 35.50. No 1-3 300-600 lb sows 30.00 to 33.50.
Cedar Rapids market shows steady to 50 cent declines for butchers with packers mixed by weight. prices for 200-230 pound country and plant delivered butchers at 36.00 to 36.50. Sows and heavier hogs range 29.50 to 31.00, with various drops for heavier butchers. Sheep market up about 1.00 with lambs 64.00-66.00 and wood lambs 61.00-65.00. Des Moines reports unchanged prices, mixed demand, eggs varying by grade with large eggs 47-50 cents, medium 43-46, small 18-25. Beef and hog trades show steady to lower trends, with ranges for steer, heifer, and pork cuts across weights and sizes.
Cedar Rapids market reports soybeans advancing one cent for January February March and new crop deliveries to Cedar Rapids processors at 10 00 a m on Thursday Wheat grain and oats mixed with corn down three cents for January February March and new crop compared with Wednesday close No 2 corn prices shown for January half and last half at 239 February 241 March 2 41 new crop 265 White corn grower 295 White corn new crop 336 No 1 yellow soybeans January 6035 February 6235 March 6235 new crop 682 Oats old crop 168 new crop 173 Pro Farmer Grain Cedar Rapids supplied the quotes 396 7978.
Detroit AP reports December 1979 car production fell 27 percent to 457 471 units, the slowest December since 1974, with total 1979 production at 8 398 855 cars, down 8 percent from 1978. VW up 85 percent in December and 330 percent for the year. AMC up 46 percent in December. GM down 18 percent, Ford down 56 percent, Chrysler down 27 percent for the month.
This notice details 10% debentures with $1,000 denominations due January 31, 1989. They are registered subordinated debentures with semiannual interest on May 31 and November 30. Issued in $1,000 units, interest also stated as payable semiannually on June 30 and December 3. A minimum $5,000 investment allows monthly interest by check.
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