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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 17, 1978
Page
18
Composite stock figures at 10 30 a.m. NYT show numerous companies with prices and changes. The listing includes Abbott, Aetna Allied Chem Amex Amoco Alcoa and many others with bid and last sale figures, plus footnotes detailing market sources and dividend notes.
The Dow advanced 5 points early but slipped to about 0.95 higher at 1:15 p.m. EDT as profit taking pared earlier gains. Traders awaited a Bonn conference communique while the NYSE index edged up and volume rose.
LivestockMonday reports show moderate trade and demand across regions with hog prices up to 1.50 higher in spots, sow values stable to higher, and varied cattle and calf activity. Receipts range around 75,000 across markets including Des Moines Omaha Webster City Joliet and Chicago with prices for hogs and cattle listed alongside grain shifts in Cedar Rapids and nearby markets.
Amex stocks and nationwide composite prices cited as of 11:20 a.m. NYT via United Press International Net Sales. The list includes Adobe Oil and several company tickers with mixed last prices and percentage changes, showing a snapshot of market movement across multiple firms and sectors.
The Gazette runs a daily update on finance led by Netwig Pet, featuring market moves, stock performance, and economic indicators. Readers track price shifts, earnings notes, and sector trends in a concise news brief.
The Cedar Rapids hog market showed steady to strong demand for butchers and steady for packers. Prices for 200 to 230 lb butchers ranged 45.50 to 46.25 with sows at 38.50 to 40.00, and lighter or heavier weights priced per weight breaks. Sheep market rose by one dollar with spring lambs at 53.00 to 55.00 and lambs over 100 lb to be counted.
The dollar firmed across major markets as traders awaited Bonn summit developments. Tokyo closed at 202.975 yen, with gains also seen in Frankfurt at 2.0630 marks and Rome at 850 lire. Paris rose to 4.4775 francs while London’s pound edged to 1.88625 dollars.
Square D Company in Park Ridge Illinois reports record earnings of 16.848 million tied to 180.161 million in net sales for the quarter ended June 30. Compared with 1977’s 15.91 million earnings and 152.67 million sales, the firm notes 9 cents net per sales dollar and cites a prior gain on equipment sale of 2.574 million before taxes. The Cedar Rapids plant sits at 3700 Sixth St SW.
Sunday's Cedar Rapids competition at the Woman's Club crowned North South Joseph Verbick and David Cray as first in Mitchell movement, with Patricia Thomas and Phillip Cummins second. East West winners were Frank Hellenthal and Bruce Cuthbertson first, Mildred McCray and Leona Hines second. Next game is 5:30 p.m. next Sunday at the club.
Distribution of tested and proven products with continued research for new items. Complete systems for solar domestic hot water, solar space heat and air conditioning, solar pool heaters. Energy saving products priced from 65 dollars. Reputable business with interest in entering the energy field.
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