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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 14, 1979
Page
19
Nationwide NYT composite prices from United Press International list selected stocks at 3 pm with many major names such as Alcoa, Allied, Amoco, Citicorp, Exxon, Ford, IBM, General Electric, Dow components, and others. Details show last trades, price changes, and percent shifts across diverse sectors.
Wall Street slid for a fourth consecutive session as investors awaited President Carter's Sunday speech. Dow Jones fell 3.33 to 833.53, weekly loss 12.63. NYSE volume 33.08 million. S and P indices dropped, NASDAQ down, Amex up 0.48. Soybeans and corn moved higher on Cedar Rapids market.
Hog trade slows with moderate demand. Butchers steady to 50 higher, sows down up to 1.00. No 1-2 200-230 lb butchers around 38.50 to 39.50, 100 head mainly western area near 40.00. No 1-3 230-250 lb butchers 37.75-39.50, heavier 250-270 lb 36.25-38.25, 270-300 lb 33.25-37.25. Sows 29.00-30.50 for 300-600 lb. Receipts 60,000. Saturday 15,000. prior weeks 71,000 and 10,000. year-ago 59,000 and 11,000. CHICAGO futures: July crop 2.802, August 2.792, September no quote, new crop 2.76. White corn 3.22. new crop 3.44. Yellow soybeans July 7.545, August 7.445, new crop 7.25. Old crop oats 1.78, new crop 1.80. Quotes from Pro Former Grain, Cedar Rapids.
Des Moines reports mixed farm prices with steady undertone for eggs at farms and moderate August demand. Beef and pork trade slow with limited sales and modest price shifts. butter and dairy prices mostly unchanged in Chicago. Midwest markets show heavy July supplies and light to moderate demand across commodities and regions.
Meeting at 9 30 a m Monday in downtown Bishops with guest speaker John Foens from the Cedar Rapids Recreation Department. Various local ads for shops, events, and fundraisers including Griffin LTD Gifts and Town House promotions, and drives for St Pius games and Nordic Fest with contact numbers.
USDA livestock quotes show hogs higher with barrows and gilts 75 to 1.00 up. U S 1 2 200 240 lb hogs 40 75 41 00 and 1 3 240 250 lb hogs 39 50 40 00. Sows mostly 50 lower at 30 00 30 50. Cattle and calves light demand with 600 head total noted and Monday receipts forecast around 6 000 cattle and calves and 5 500 hogs.
Hogs at Webster City Friday show active demand with prices 75 to 1.00 higher for butchers. No. 1-3 200-240 lb hogs bring 40.00 to 40.25, 240-260 lb 39.50 to 40.00, No. 2-4 260-280 lb 37.00 to 37.50, 280-300 lb 35.50 to 36.25, 300-350 lb 32.50 to 33.00, and No. 1-3 300-700 lb sows at 30.50.
Sioux City live stock report lists hogs 4 500 with fairly active trade and gains of 75 125 for borrows and gilts. 200 230 lb hogs near 41.00, varying weights and prices across 200 400 lb ranges. Sows steady to 50 lower with 350 450 lb range around 30 31. Corn and soybeans quoted in Chicago with wheat near 4.19 to 4.34 per bushel. Cattle sales at Joliet show hogs steady to firm. Monday estimates call for 3 000 cattle and 1 200 hogs.
Cedar Rapids City Council will hold a public hearing at 9:00 a.m. on August 1 in the 4th Floor City Council chamber to consider a project funded by Urban Mass Transportation Administration funds. The plan includes acquisition of real property, relocation of seven businesses, demolition, design, and construction of a Ground Transportation Center with an estimated total cost around 5.273 million dollars. The hearing offers opportunities for oral or written input on social, economic, and environmental aspects.
The City of Cedar Rapids Parks Department invites bids for Riverside Pedestrian Plaza Czech Village Riverside Pedestrian Plaza. Work includes demolition of sidewalks installation of a cold water system and construction of a concrete and brick plaza with topsoil sod and related tasks. Substantial completion by November 30 1979 and bids due July 25 1979.
Notice sets 9:00 a.m. July 25 1979 in City Hall Cedar Rapids Iowa for hearing on proposed plans specifications contract form and estimated cost 16114320 for Czech Village Mall construction on 10th Avenue SW from A Street to Street SW Objections may be filed in writing and oral opposition heard at the hearing listed in The Cedar Rapids Gazette July 14.
Notice of a 9 00 am July 5 1979 hearing at Cedar Rapids City Hall on Riverside Pedestrian Plaza Czech Village B Street ROW as part of the Cedar Rapids Community Development Program. Written objections may be filed. estimated cost 25400 dollars.
Notice states the Roosevelt Hotel, Inc is incorporated under Iowa Business Corporation Act with 10 000 authorized shares at 100 par value each The initial registered office is 200 American Building Cedar Rapids Iowa 52401 and agent is Peter F Bezanson Director listed as Tals F Bezanson 100 1st Avenue NE Apt Cedar Rapids Iowa 52401 dated July 10 1979
Notice states J. Cook Company an Iowa corporation with Cedar Rapids address is dissolved under Chapter 491 of the Code. Robert W. Johnson serves as President and William P. Ellwood as Secretary of the company.
Cedar Rapids Iowa invites sealed proposals for reconstruction around Czech Village Mall including sidewalks curbs medians and street work with optional kiosks clock tower island trees and street furniture. Estimated cost 161143.20 with 9 0 percent retainage and final completion by November 30 1979.
The city announces a proposed Resolution of Necessity for the Czech Village Mall Project in Cedar Rapids. Public inspection held in the Clerk’s office with details on costs, assessments, and affected blocks. a council hearing is set for Sunday July 1979 at 9:00 a.m. in Council Chambers.
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