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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 11 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, 1980

Page

29

New York stocks show mixed moves across major shares

United Press International reports Selected composite prices at 10 30 a m with Abbott Curtiss Wright and Disney among movers. The chart lists numerous company quotes, gains and declines, across various sectors, alongside Dow Jones and Standard & Poor indices for Thursday.

New York United Press International Abbott Sats Buriind Dennisn Peice DetEdis Dillon Disney OrPeper Sun Halliburtn Drielve

Stock Prices Snapshot From 11 20 Am Market Update

Nationwide composite prices for selected stocks are listed as of 11 20 am. Firms such as Banister Circle K and Petro are among names mentioned with varying figures. data appears as an OCR fragment with multiple misreadings and inconsistent formatting.

Nyt Phat United Press International

Dressed meats and carrot meat trade update

UPI reports midwest dressed meat and carrot markets with light demand. Beef prices show varied ranges for steers and heifers by weight, with several weight bands noted and small price shifts.

Prices for eggs and market notes from Federal State Market News

The market report notes prices for loose eggs are steady to higher with Grade A large at 37-40 cents per dozen, mostly 40. Medium eggs fetch 24-27 cents, mostly 25. Small eggs 12-14 cents, mostly 12. Demand remains fair to good and supplies vary from ample to short in different sizes.

Federal U.S. West North Central Ces Moines Federal State Market News Service

Cedar Rapids Market Reports Show Mixed Grain and Livestock Movements

The Cedar Rapids hog market rose up to 1.00 for butchers and 0.50 for packers in 400 to 550 pound ranges with larger stock varied by weight. Bulk delivered hogs 200 to 230 pounds priced at 35.50 to 36.50, packers sows 400 to 550 pounds at 28.00 to 29.00, over 550 pounds at 26.50. Sheep market steady with spring lambs quoted 60.00 to 6200. Prices on futures: soybeans up 2.25 cents across June to new crops. white corn and oats steady. No. 2 corn June 2.58, July 2.58, August 2.57. new crop 2.47. Soybeans June 6.00, July 6.00, August 6.08, new crop 6.22. Oats old 1.73, new 1.63. Prices from Pro Farmer Grain Cedar Rapids.

Cedar Rapids Pro Farmer Grain

Selling pressure lowers stocks

New York trading sees the Dow dip as investors take profits after a recent run. Volume compares with the prior day as stock activity shifts with market analysts noting resistance near 880 and profit-taking across NYSE and Amex listings.

New York UPI

RCA ousts Maurice Valente as president and CFO role cut

RCA Corp. dismissed President Maurice R. Valente amid a performance review. The board abolished the post of president and chief operating officer and shifted top executive duties to the office of the chairman, while earnings for the quarter rose to 1.466 billion and per share fell to 1.99.

New York UPI RCA Corp Maurice R. Valente International Telephone & Telegraph Corp Edgar H. Griffiths Valente Griffiths RCA

ICC weighs rail rate filing reforms at 5 to 1 vote

Interstate Commerce Commission proposed streamlining rail rate increase filings. The plan calls removing several forms and adding one for anticipatory cost information to show escalations when seeking higher rates. The vote favored comments on the changes.

Washington UPI Interstate Commerce Commission

Hog prices move higher in Iowa hog market

Livestock traders report slow to moderate hog trade with demand good. Butchers 1.00 to 1.50 higher than midsession Wednesday, sows up about 50. Prices for No 1-2 butchers 200-230 lb reach 36.00 to 37.50 with other weights 34.50 to 37.50 and sow ranges 28.00 to 29.50 for 300-600 lb. Receipts estimated 85,000 vs 94,000 last week and 70,000 year ago.

Des Moines UPI Midwest

Labor secretary warns unemployment could hit 8.5 percent

Labor Secretary Ray Marshall says the U.S. jobless rate could reach 8.5 percent early next year. He adds the auto sector may have peaked in layoffs but expects more job losses in construction. He would be surprised if the rate does not rise further.

Washington UPI Ray Marshall Marshall

Chrysler lenders split as debt bailout stalls

A group of small banks and Chrysler remain stalemated over a 4.4 billion debt restructuring and 1.5 billion in federally guaranteed loans. American National Bank in Rockford and Peoples Trust in Fort Wayne oppose the plan, delaying final approval by the Chrysler Loan Guarantee Board which scheduled a new meeting.

Detroit Chrysler Corp Chrysler Midwest American National Bank & Trust Co Rockford Ill Peoples Trust Bank Fort Wayne Ind U.S American National Bank & Trust Belvidere Assembly Washington Chrysler Loan Guarantee Board Steven Miller Chrysler Financial Knapp

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