Stock quotes drift as New York markets show mixed gains
Nationwide list of selected stocks from United Press International shows varied early trading with Alcoa, Ampex, Lockheed, Texaco and others in the mix. Prices around 10:30 a.m. indicate mixed movement across industrials, tech, and utilities as traders weigh market factors.
MENTIONED IN THIS ARTICLE
United Press International
P-E
Ads
AmBdc
Amstor
ASRCO
Ashino
Richtein
Brkom
Baxter T
Bendix
Beth Sti
Black&o
BoiseCo
Borden
E Grove
Runswk
Summary of Composite Market Tables and Dividend Notes
The document lists composite market tables with eight markets including NYSE Amex Cincinnati Wien Pacific and Philade ed indices. It details last price actions, stock dividends for 1980 and 1979, cash plus stock dividends, special classifications such as bankruptcy or liquidating distributions, ex-dividend dates, and price earnings ratios based on trailing twelve month earnings.
MENTIONED IN THIS ARTICLE
Omez Meres
Zavri
Nyse
Cincinnati
Wien
p-Pacific
U- M T
Dow Jones Stock Averages And S P Index Snapshot
UPI reports stock market figures with the Dow Jones average near 906.40 and the Standard and Poor's index around 134.83. Industry and utility sectors show mixed gains and declines, with prev close noted and intraday shifts reflected.
MENTIONED IN THIS ARTICLE
New York
UPI
Standard & Poor
Market News Mixed Demand for Eggs and Livestock in Des Moines
Des Moines reports from the Federal State Market News Service show undertone steady to fully steady with light offerings and moderate demand as buyers stay cautious amid high temperatures. Prices for eggs at farms show Grade A large 39-48 cents per dozen, Grade A medium 28-34 cents, Grade A small 12-14 cents, with various weights and sizes in close balance and dealer sentiment uneasy due to rising values. In beef and pork trades, interest is limited with few steers and stable to slightly higher heifers, while pork cuts show small gains in some weight ranges and broader weak trends in others.
MENTIONED IN THIS ARTICLE
Des Moines
Federal State Market News Service
Odeaude
Cedar Rapids hog and grain markets report steady to down
The Cedar Rapids hog market shows steady to 50c lower prices for butchers and packers across weight ranges. Bulk country and plant delivered butchers 200 to 230 lbs bring 42.00 to 42.50, sows 35.00 to 36.50, with heavier sows up to 500 lbs at 35.00. Sheep market steady with spring lambs 63.00 to 65.00, and grain prices rise 22c for July through new crop soybeans and corn, white corn 5.00 old, 3.60 new, with delivery to Cedar Rapids processors.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Livestock prices ease as hog trade slows in Des Moines
Hogs trade slow with demand moderate to good in Des Moines with butchers and sows steady. Price ranges include No 1-2 200-230 lb at 42.00-43.75, No 1-3 230-250 lb at 42.00-43.75, 250-270 lb at 40.50-43.00, 270-300 lb at 39.00-42.00, and No 1-3 sows 300-600 lb at 35.50-36.50. Receipts ~80,000, Wednesday 82,000.
MENTIONED IN THIS ARTICLE
Peestmeee
Mocmill
A & O- MonLife
PhiloEl
PhilMo
Morshf
Philipsin
Pilisbry
Tandy Corp
Pitney
E Teldyne
Merrilly
Textren
Mobile
Raytheon
Tronun
Mokind
Motorio
Revion i
Trinity
Rockwil
NCR Corp
Rogier
Oljiet
Unirovi Inc
NevPw
Rovid
Atlio
US Gvp
EIS
S— Usinds
NiogMo
Ussteel
StjMori
Norskhw
StRegisPa
WoStPw
SanFin
Utd Tel
Schib
Voriona
Ogden
Ohio
Wwe Qkioge
We 'S Wolorn
Shell OiCo
WornCom
Es Sierrap
WornLo
Ves
Omork
Singer Co
Pbs
OrRcki
WstnAm
WsBonc
Westhe
SourthCo
SwstBc
Pan Am Air
Whittaker
Ponhon
Wickes
Penney
Savid
Jéis
William
Pennpl
S St
Des Moines
UPI
Sioux City
USDA
Hope on housing and car markets as trends shift
AP analysis notes property tax growth slowed after 1977 78 and housing value increases cooled. National Realtors data show May 1979 to May 1980 price gains at 9.5 percent with large regional variation. Value Line foresees a U.S. auto industry comeback by 1983 1985 amid rebuilds toward fuel efficient cars and reduced imports.
MENTIONED IN THIS ARTICLE
New York
Tax Foundation
National Association of Realtors
North Central States
Northeast
Cedar Rapids bank named SBA certified lender
Merchants National Bank of Cedar Rapids was named one of five Iowa banks chosen by the SBA as an SBA Certified Lender. James Coquillette accepted the certification from Conrad Lawlor in a ceremony, with Robert Foust and James Sangster leading the program at the bank. The program allows near automatic loan approvals, reducing SBA response to under three days.
MENTIONED IN THIS ARTICLE
Merchants National Bank of
Cedar Rapids
U.S. Small Business Administration
Iowa
Conrad Lawlor
Des Moines
SBA
James Coquillette
MNB
Coquillette
Robert L. Foust
James A. Sangster
Lawlor
Sangster
Chase Manhattan Cuts Prime Rate to 11 Percent
The Chase Manhattan Bank reduced its prime lending rate to 11 percent, aligning with Citibank which moved earlier. Analysts see potential for further cuts to 10 percent or lower later in the year as banks follow suit. Sioux City livestock markets report mixed cattle and hog prices with tighter pork supplies and varying weights.
MENTIONED IN THIS ARTICLE
New York
UPI
Chase Manhattan Bank
Citibank
No. 2
No. 3
Chase
Stock gains slim as institutions press bid against profit takers
New York stocks drift higher after noon as Chase Manhattan and First National Bank cut prime rates to 11 4 percent, echoing Citibank move. Dow adds about 2 points to 906.48 with 838 advances to 452 declines at midday. NYSE turnover around 27 million shares. Public Service Electric & Gas leads activity, while Syntex and Great Basin Petroleum rise on the AMEX.
MENTIONED IN THIS ARTICLE
New York
UPI
Chase Manhattan
First National Bank of Chicago
Citibank
Dow
New York Stock Exchange
NYSE
Banks of Iowa reports earnings rise in 1980 first half
Banks of Iowa reports earnings gains over 30 percent for Q2 and H1 1980. Half-year income before securities up 35.4 percent to 6.8 million, net income up 33.7 percent to 6.4 million, with per share gains across measures. Consolidated assets reach 1.3 billion, deposits 1.01 billion, loans 658 million. President F Forbes Osberg cites strong condition though loan-loss provisions rise amid weaker business activity.
MENTIONED IN THIS ARTICLE
Banks of
Iowa
F. Forbes Osberg
Wedderspoon Back Pay Award Upheld by Labor Judge
An administrative law judge for the U S Department of Labor affirmed Cedar Rapids pollution plant technician Steve Wedderspoon receives 225 in back pay plus interest after a five day suspension for not reporting excess sludge dumping into the Cedar River. All complaints in his personnel file will be removed. The city contested the ruling after last year’s decision requiring back pay.
MENTIONED IN THIS ARTICLE
U.S. Department of Labor
Cedar Rapids
Steve Wedderspoon
Cedar River
Labor Department
Wedderspoon
Rudolf Sobernheim
Iowa Department of Environmental Quality
Joliet Livestock Market Report Frays at Edges
Joliet Illinois livestock reporters note cattle sales weak, no market established. Hogs trade lower with 50 to 75 cent declines, No 1 220 to 240 pound hogs bringing around 43.50 to 44.75. Friday receipts show cattle 25 and hogs around 1,000.
MENTIONED IN THIS ARTICLE
Joliet, Ill
UPL
Yield up on 1 year Treasury bills
The yield on 1-year Treasury bills edged up to 7.669 percent on Wednesday. The rate compared with 7.491 percent a month earlier and 8.341 percent on May 21. The Treasury sold 4 billion dollars of the 1-year bills at auction Wednesday.
MENTIONED IN THIS ARTICLE
Washington
UPI
Treasury
Also Mentioned on This Page
Foberce
Avyrthyir Fey
Heinz
Hilton
Hobart
Hmstok
Idaho P
INA Co
Me Inco Ltd
Ing
Kennett
Va Kemcg
Amex
Rome Petro A
Standard & Poor's Index
Dial
U.S. West North Central States
Lowa Farm
Pes Movnes
Midwest
Albright
Angeles
Fletcher
Dominion Bank
Empire Gas Core
Golden Enterprises
Hermon Miller
Lee Rona
Lenox Inc
Lydall Inc
Manhattan
Norando Mines
Security Pacific
VF Corea Oe
Wolverine
Pullman Inc
Vicor Inc
Camemeaers
Rhoades Inc
Am. Ins
Archer Daniels
Lowa
Beatrice Foods
Brenton Banks
Conroc Consolidated Foods
FMC
Harnischteger Hawkeye BanCorp
Interstate Powertown Electric
Toweri. Gas
Jonn Re Um Keutsel & Esser
Kidde Lite Investors, Inc
Mid-America
Miracle
Rockwell
Syntex
United Fire & Casualty
United Guaranty
Universal Foods
C.R. Markets
Cedar Rapids Grain
Pro Farmer Grain
Chicago
Shearson Loeb Rhodes Inc
Hogs
First Mid-America
Chicago Mercantile Exchange
Prev
Ener Eor
John Cunniff
U.S
Chrysler
U.S. Treasury
Ford
American Motors
Value Line
Detroit
Advisory Service
C.R. Bank
Sioux City Livestock
Englehard
Public Service Electric & Gas
Carolina Power & Light
Great Basins Petroleum
Wedderspoon Pay
Joliet Livestock
W.t
Jess) Fandel
Ralph Fandel JR
Ron R. Foster
10Th Ave. S.W
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