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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 18, 1980
Page
22
A dense OCR extraction from a market ledger lists stock prices, dividends, and market indicators. It includes company names, prices, percentages, and notes on distributions, with scattered references to markets and exchanges.
To order your Gazette want ad call 398 8234 from 8 AM to 5 PM Monday through Friday and until noon on Saturday.
United Press International reports Amex stock activity with Nationwide composite prices as of 11 20 am and provides market movement context from the day. The brief notes intraday levels for selected stocks and overall trend signals.
Cedar Rapids hog market showed steady to strong demand for early delivered butchers while packers stayed steady across weight classes. Sheep prices were steady for spring lambs at 63.00 to 65.00, with buying hours 7 to 10 am. Grain markets noted soybean and corn price declines across July to new crop and white corn values. Des Moines and Webster City reports detailed hog and cattle activity with price ranges for various weights and grades. National grain quotes were provided by Pro Farmer Grain, Cedar Rapids.
Chicago Mercantile Exchange activity notes steady undertone in poultry and eggs across regions. Des Moines reports light trading, higher prices for hens in the north, with improved demand in the south. Omaha and Joliet show hog and cattle bids up while wheat and corn futures edge lower or steady.
Terry ONeill, principal of the Hazleton and Stanley elementary schools, has submitted his resignation to the Oelwein school board. He has served as principal for four years, and the board is expected to act on the resignation at Monday night’s meeting.
Rock Island Lines trustee William M. Gibbons received a filing extension to January 19 1981 to submit a plan to liquidate the bankrupt Midwestern carrier in Chicago federal court. Rumors of a Kansas City Southern purchase were denied by both parties as talks continue with other bidders and routes explored by the DRI Line for Iowa City and surrounding corridors. Milwaukees future hinges on judge’s August ruling on deficit financing and potential early 1981 reorganization or liquidation.
Stocks rise broadly in heavy trading on hopes the economy may be bottoming. The Dow gains to a three year high near 924 as advances outpace declines and NYSE turnover climbs to about 35.44 million shares. Strong shows include Pan American World Airways and Schlumberger while gold miners slip on falling bullion prices.
On Thursday six market averages posted all time highs on the New York and American stock exchanges and the OTC market. The Dow closed at 915.10 a three year high while NYSE composites and S and P indices reached new peaks. The Dow remains distant from its 1,051.63 record set January 13, 1973.
About 365 Lennox Industries Midwest Division employees in Marshalltown will be laid off from Aug. 4 with plans to resume work on Aug. 22.
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