New York Stocks Close With Mixed Composite Prices
United Press International reports on early trading as selected stocks show varied moves. Abbott and Amex indices appear modestly higher while several large names slide, creating a mixed tone for the day in New York markets.
MENTIONED IN THIS ARTICLE
United Press International
Abbott
liedChi
Amei
e+ Ve Guan
NYT
P-othos Hi
Adobe Oil
Austral Oil
Miz Man
radRo
Rascon
Brewery Co
Ornain
Ie Home Hm
Ircle K
Rowne
Petro
Frontera
Aes Lee
Dow Dips as Carter Proposals Fail to Impress
Stocks slid slowly in a quiet session as the noon Dow Jones average fell 3.72 to 773.22. The NYSE saw a 6-5 losers to gainers edge while analysts noted limited surprise from President Carter's State of the Union and tax proposals. The president sent a federal budget request of just over 500 billion dollars for the new fiscal year.
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New York
Carter
Congress
ADM Declares five cent dividend for March first
Archer Daniels Midland Board approves a 0.05 per share cash dividend payable March 1 1978 to shareholders of record February 8 1978 marking ADM s 205th cash dividend and 185th consecutive quarterly payment with 31 350 399 shares outstanding. ADM parent of Corn Sweeteners in Cedar Rapids.
MENTIONED IN THIS ARTICLE
Archer Daniels Midland Company
ADM
Cedar Rapids
Des Moines Livestock and Market Notes Monday Turbulence
Iowa hogs show moderate trade demand with varied prices across weights. Beef and pork markets move slowly in Midwest carrot meat trade with limited sales and mixed steer heifer and hog prices. Eggs and grains also report steady undertones with price shifts noted in soybeans corn and oats.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Midwest
Federal
Power concentrated in few investors in U.S. industry
A Senate subcommittee study finds voting power in major U.S. companies rests with fewer than two dozen institutional investors led by Morgan Guaranty Trust. Citibank ranks second. Teachers Insurance and Annuity Association funds support minority resolutions more often. The report covers 122 corporations with 41 percent of market value.
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New York
Senate
Morgan Guaranty Trust Co
Morgan
Federated Department Stores
Burlington Northern Inc
Citibank
Teachers Insurance and Annuity Association
Tiaacref
United States
Lee Metcalf
Montana
Metcalf
Securities and Exchange Commission
Congress
Regulatory Commissions
Victor Reinemer
Subcommittee
J.P. Morgan & Co
American Broadcasting Companies Inc
CBS Inc
Coca- Cola Corp
E. I. du Pont de Nemours & Co
Ford Motor Co
F.M. Kirby
Allan P. Kirby Jr
Morristown
N.J
Investors Diversified Services
Northwest Airlines Inc
Radioactive Cloud Escapes Fort St. Vrain Plant
A cloud of radioactive material escaped from a stack at the Fort St. Vrain nuclear plant in Platteville Colorado. The plant evacuated and four to five workers were treated for possible contamination. The cloud was moving southwest toward Denver about 35 miles away.
Abortion Fees Rally Draws Iowans at Statehouse
Several hundred Iowans opposed to abortion gathered at the Iowa Statehouse in Des Moines for a rally sponsored by Iowans for Life Inc. The event marked the fifth anniversary of the Supreme Court ruling overturning abortion laws nationwide. Some lawmakers attended the open house for constituents.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Statehouse
Iowans For Life Inc
U.S. Supreme Court
Statehouse
Cedar Rapids Hog and Sheep Markets Report
The Cedar Rapids hog market Monday held steady with 200 to 230 lb butchers at 45.50 to 46.00, 300 lb sows at 37.00 to 37.50, with weights up to 550 lb receiving incremental downgrades. Sheep prices for shorn and wool lambs ranged 56.00 to 58.00 with lambs over 105 lb counted.
MENTIONED IN THIS ARTICLE
Webster City
UPI
Des Moines
Cedar Rapids
Winners in national team tournament at Woman's Club
Winners named Richard Moenck Della Wolfe and the Houghkirs first place. Second went to Adolph Schmieder and J N Stepanek paired with Mr. and Mrs. Warren Houghkirk. Next game scheduled 7 30 Tuesday at the Woman's Club.
MENTIONED IN THIS ARTICLE
Woman's Club
Richard Moenck
Della Wolfe
Warren Houghkirk
Adolph Schmieder
J.N. Stepanek
Utley Dies at 79 After Stroke Author and Lecturer
Washington AP reports Freda Utley longtime author and lecturer on political issues and social conflict in the Far East Europe and America died Saturday following a stroke. She was 79.
MENTIONED IN THIS ARTICLE
Washington
Freda Utley
Far East
Europe
America
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