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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 23, 1977
Page
27
The page lists New York Stock Exchange issues with the largest percent increases and decreases for Thursday, excluding securities below $2. It provides last price and daily change for each name, including firms like Atico, Chase Manhattan, Lehman, SuperValu, Longs Drug, Alcoa, AmBack, Air Products, and BankAmerica, among others.
NEW YORK AP The stock market was mixed as blue chips showed weakness after Wednesday’s decline. The Dow Jones Industrial Average fell 2.29 to 924.02 by 2 p.m. while the NYSE composite rose to 55.02 and the American market index gained 0.58 to 118.80. advancers outnumbered decliners about 7 to 5 with volume at 16.05 million shares.
Sioux City market hogs 6 000 with butchers 50-1.00 higher and sows up to 50, cattle 600 with steers 40.50-41.00, heifers around 39.00, cows 25.00-27.00, canners 22.00-26.00. Des Moines notes mixed beef and pork trade, with steer beef 59.00-63.50 and pork loins 79.00, hams 74.00, bellies 59.50-57.00. Webster City hogs 650 with butchers 45.00-45.25, sows 38.00-38.50. Chicago USDA prices show butter 100.71, egg prices steady, wheat 2.29 2/ soft and hard red, corn 2.18, oats 1.42, soybeans 7.32.
Des Moines and Joliet reports detail bid levels for No 1-3 hogs at 200-230 lb blocks around 43.00 to 44.50, rising to 45.75 for 200-250 lb in Joliet, with sows and heavier weights also firming. Cattle sales weak in Joliet, hogs up 25-100 cents. Estimated receipts cited in Des Moines and Joliet briefs.
The Cedar Rapids hog market held steady with 200 to 230 lb butchers at 43.00 to 43.50, 300 lb sows at 36.00 to 36.50, and heavier pigs discounted in increments. Soybeans rose 16 to 18 cents, corn eased on old crop but rose on new. Prices quoted for Cedar Rapids processors at 11:00 a.m. Thursday.
Sen. Mark Hatfield admitted he was unfamiliar with the neutron bomb as the Senate Appropriations Committee failed to block production funding tucked into a house bill. He noted lawmakers and staff lacked knowledge on the weapon and the White House position remained unclear, yet the amendment to strike funding failed.
Strong demand for soybeans, soybean meal, and oil pushed futures higher on the Chicago Board of Trade after two down sessions. Soybeans rose 29 cents a bushel with July at 7.49, oats up to 5, wheat up about 3, and corn up around 1 to 1 1/4 points.
A series of short items notes thefts at addresses 1380 Nye NE and 1917 C Ave NE including saw blades worth 525 dollars and a lawn mower worth 175 dollars. Other items cover a computer club meeting, a fire fighters gathering, a Marion bachelor’s degree, a portrait ad, a home burglary and a Marine corporal promotion at Okinawa.
Herman Wouk's World War II novel The Winds of War is slated as a 12 hour television movie to be filmed for ABC and produced by Paramount Television. The work sold 250000 copies hardcover and over 2 million paperback. ON THIS DATE in 1940 France fell to Germany.
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