New York stocks show wide UPI price sheet gains and losses
United Press International lists noon composite prices for many firms across sectors with dozens of named companies such as Abbott, Alcoa, American Motors, Exxon, General Electric, IBM, Ford, Pennzoil, and Texaco. The report notes mixed moves in price, with notable declines in several names and notable advances in others, as of 10 30 a m New York time across multiple exchanges and market sectors.
MENTIONED IN THIS ARTICLE
United Press (International
Cedar Rapids grain prices rise and hold steady
Soybean prices gained 40 cents on the June July August and new crop contracts while yellow corn and white corn and oats held steady versus Tuesday’s close. No. 2 corn values for Cedar Rapids processors show June at 2.575, July 2.575, August 2.565, new crop 2.485, white corn old 4.25, white corn new 3.16, soybeans June 5.99, July 5.99, August 6.075, new crop 6.20, oats old 1.68, oats new 1.63. Quotes from Pro Former Grain, Cedar Rapids, 396-7978.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Ceder Rapids
Cedar Rapids hog and sheep markets mixed as prices ease
Cedar Rapids hog market rose 50c for early delivery on various weight classes while typical country and plant delivered butchers 200 to 230 lbs brought 34.50 to 35.50 dollars. Packing sows 400 to 550 lbs earned 28.00 to 28.50, over 550 lbs 26.50. Sheep prices fell about 2 dollars with spring lambs quoted near 340 to 262 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Stocks move broadly lower after midday trading
NewYork stocks fell midafternoon as investors booked profits after a two month rally. The Dow dipped to 876.61 from about 880, with declines leading advances 828 to 485 among 1,763 NYSE issues. Volume was around 24.16 million shares on the NYSE and activity showed strong trading in Household Finance Kerr-McGee Allied Stores and Sony among others. International bullion and mining shares also rose as precious metals markets strengthened.
MENTIONED IN THIS ARTICLE
New York
UPI
Dow
New York Stock Exchange
NYSE
Household Finance
Kerr-McGee
Allied Stores
Sony Corp
Japanese Electrical Products Company
Southland
Dome Mines
Campbell Red Lake
Linn investors lose bid in Keystone ski resort suit
The Iowa Supreme Court affirmed Linn District Court’s ruling denying fraud claims against Ralston Purina by investors led by David Linge and C Scott Linge regarding Keystone Ski Resort near Dillon Colorado. Plaintiffs sought 75 million dollars. court found no misrepresentation or common law basis for recovery.
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Iowa Supreme Court Today
Linn District Court
Keystone
Dillon
Colo
Ralston- Purina Co
St. Louis
David Linge
Cedar Rapids
C. Scott Linge
Fayette
Supreme Court
Longview Fibre expands Cedar Rapids plant by 110000 square feet
Longview Fibre Co central container division begins occupying a new addition that enlarges the Cedar Rapids facility by about 60 percent. The prefab addition on the west and south sides adds 110000 square feet, bringing total space to roughly 290000 square feet. This marks the third expansion since the plant opened in 1956.
MENTIONED IN THIS ARTICLE
Longview Fibre Co
Cedar Rapids
Iowa hog prices slide on slow trade amid strong demand
Des Moines reports hog markets mixed with steady to higher bids for butchers and sows. Prices for various weight classes run 32.00 to 37.00 per cwt, with no. 1-2 and 1-3 hogs featured. Receipts totaled about 80,000. Chicago grain quotes show wheat around 3.81 to 3.96, corn near 2.70, soybeans about 6.17. Butter and egg prices listed. plant expansion details at Downing Box Co. in Cedar Rapids with 110 workers and plans for future equipment and space.
MENTIONED IN THIS ARTICLE
Shearson Loeb Rhoades Inc
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Conrac
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Harris
Hawkeye Banc Interstate Power
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Life In
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Chicago
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Downing Box Co
Longview
Downing
Norm Werner
Werner
Blairs Ferry Road
Werners
Gold crosses $600 an ounce in European trading
Gold moved over $600 an ounce in Europe as the dollar eased. London bullion houses fixed at $602.50, up from $591, with Zurich trading around $603.50. The pound stood at $2.3341 and the yen at 215.875 in Tokyo.
MENTIONED IN THIS ARTICLE
London
Europe
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