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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 22, 1979
Page
20
Selected composite prices as of 10 30 a m show Abbott Labs Alcan Alcoa and many others with varied gains and losses. The NYSE Dow and S&P indexes are listed with mixed results and trailing notes on market activity across eight markets and dividend conventions.
United Press International lists composite prices for selected AMEX stocks as of 11:20 a.m. with columns for Sales, Net, P E, Last, and Change. Names include Adobe Oil, Cal Comptr, Crown C, FisherPrt, HoustOil, McCulich O, Syntex, Teleflex, USFilter and others with varied price figures and percentage changes.
Chicago UPI reports USDA bulk selling prices Friday show butter delivered to Chicago unchanged at 93 score and 92 121.80 E99. Retail prices for Grade A cartons delivered are 68-71 for extra large, 66-68 for large, and 55-57 for medium.
Joliet livestock notes show hogs steady with about 200 head traded and prices around 43.00 for 225 pound animals. Cattle listed as none and overall Monday estimates remain undetermined due to a truckers' work stoppage.
The dollar weakens on world markets while gold hovers near 282 dollars. In Tokyo the dollar ends at 217.825 yen, down from 218.90, with European rates also lower. London offers 2.1417 dollars per pound, a four year high against the dollar, and gold trades near 282.125 in Zurich.
Hog trade slow but demand good in Des Moines. Butchers prices up 50 to 1.00, sows steady to 1.00 higher. No. 1-2 200-230 lb butchers 39.50-40.50, some 41.00-42.00. No. 1-3 230-250 lb 38.25-40.50, 250-270 lb 36.50-39.50, 270-300 lb 33.50-38.50, sows 32.00-33.00 for 300-600 lb. Receipts 55,000. next day 10,000. prior week 64,000. year ago 31,000.
Friday market in Cedar Rapids showed steady hog trade with butchers 200 to 230 lbs at 39.50 to 40.00, sows 550 lbs and over at 28.50 to 31.50, and heavier weight breaks reduced. Thursday top steers 1000 to 1200 lbs at 68.00, heifers 900 to 1050 lbs at 67.00. Sheep traded steady with spring lambs 60.00 to 62.00, lambs over 105 lbs discounted.
The Marion Cedar Rapids Bridge Club Howell movement winners at Kenwood Park Presbyterian Church were first Ann Hallgrean and Frank Zeman, second Ruth Helm and Jim Pemberton, third Grace Eyman and Florence Henrikson. A club championship will be played next Thursday at noon at the church.
Volkswagenwerk AG and Chrysler Corp deny Automotive News report that VW is considering a 960 million bid for Chrysler at 15 dollars a share. Chrysler President Lee Iacocca dismissed the claim as speculation and the VW spokesman called the report not correct.
DES MOINES reports weak undertone in eggs with irregular offerings and moderate processing plant stocks as long haul deliveries are restricted. Pork and beef trade slow to fair demand, with various weight classes showing small gains or steady prices. Chicago grains show No 2 hard red winter at 4.70 and soybeans around 8.5 with futures gains on nearby contracts.
In the district court, notice to interested parties of the estate of Gertrude M Rick a Younger. The will was admitted to probate and no administration is pending. Actions to set aside the will must be filed within six months from the second publication date. Dated June 7, 17 Kenneth L Perry Jr Clerk Walter Homsey Jr attorney.
In Linn County Iowa probate court Richard D. Holden was appointed administrator of the estate of Bertha J Shinkle on June 7 1979. Creditors must file claims with the district court clerk within six months from publication or be forever barred. Cedar Rapids attorney for the estate is listed.
Public notice announces a hearing before the City Bion Zoning on the Linn County owned parcel in Hiawatha Iowa to change from A 1 Rural to Residential district. The session in City Hall Council Chamber starts at 7 PM. Also public auction planned for an abandoned 1975 Harley Davidson motorcycle VIN 7A10969 unless claimed within two days.
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