Stock Market Snapshot From The Gazette
A dense OCR of U.S. stock quotes lists prices for Gruman Lockheed Pan Am Air and many others. The page includes Dow Jones Nasdaq and Standard and Poor's indices with national market data and dividend notes.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 19, 1978
Page
18
A dense OCR of U.S. stock quotes lists prices for Gruman Lockheed Pan Am Air and many others. The page includes Dow Jones Nasdaq and Standard and Poor's indices with national market data and dividend notes.
UPI reports stock prices broadly lower on Monday amid expectations of tighter money and higher interest rates. The Dow Jones average slid 3.46 to 833.51 by midafternoon as declines outpaced advances and trading volume remained robust. The Fed Open Market Committee was set to meet, fueling investor nerves about further credit tightening. The money supply has surged at an 11.2 percent annual rate in the past eight weeks.
Bulk selling prices reported by USDA Monday show delivery prices unchanged for eggs. Retail prices for Grade A cartons delivered to retailers list extra large 52 55 cents, large 48 50 cents, mediums 40 42 cents.
UPI reports moderate trade and demand with butchers mostly steady to down. No 1 200-230 lb hogs 47.50 to 49.00, heavier weights 46.75 to 48.50, sows 40.00 to 42.00 in the 270 to 400 lb range, receipts estimated at 85 000 with Friday 59 000 and Saturday 12 000.
Prices for corn soybeans oats and white corn in Cedar Rapids for June July and new 1978 crops are listed with steady or slight changes from Friday. Des Moines beef and pork trade show slow demand with modest price shifts across weight classes and cuts.
The New York Daily News hits the streets after a four day reporters strike that halted publication for two days. The 1,340 member Newspaper Guild ratified a three year deal with a $68 weekly raise for most workers.
U S west north central markets show light demand for prompt pickup with too few sales to report prices. Supplies moderate as plants slaughter at desirable levels. Grade A large 32 to 34 cents, medium 23 to 26 cents, other farm eggs Grade A large 24 to 28 cents, Grade A medium 15 to 20 cents, Grade B large 12 to 20 cents.
Omaha market reports hogs 4,000 with barrows and gilts mostly 1.00 lower and sows 50 to 75 lower. Cattle and calves 4,400 with steers 1.50 to 2.00 lower and heifers 2.00 to 2.50 lower. cows steady. Estimated receipts Tuesday include cattle and calves 4,500 and hogs 3,500.
A Navy panel, chaired by secretary of the Navy appointee, will study rising submarine costs. The team includes John Foster and Daniel Fink, veterans from McNamara era defense work, with Eugene Fubini and Fred Payne among members. Payne will direct the study at the Pentagon.
The Cedar Rapids hog market Monday showed a downtrend with no packer quote. Butchers from 200 to 230 pounds sold for 40.50 to 41.00 dollars, with further weight-related deductions ranging from 25 to 100 cents per 10 pounds beyond 230 pounds and steeper cuts for heavier loads.
President Carter outlines a plan to merge the Defense Civil Preparedness Agency Federal Disaster Assistance Administration Federal Preparedness Agency Federal Insurance Administration and National Fire Prevention and Control Administration into a single Federal Emergency Management Agency. The move aims to save 10 million to 15 million dollars annually and may eliminate up to 300 jobs. The proposal requires congressional approval and would take effect within 60 legislative days.
In Geneva Kuwait’s Oil Minister Ali Khalifa Al-Sabah presided as OPEC ministers agreed to keep oil price freezes in place through year end. No decisions to raise prices were made, with each of the 13 member nations to draft positions on offsetting losses from inflation and dollar depreciation.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.