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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jun 25, 1978

Page

46

Stocks broadly lower as Fed tightens credit

UPI reports fears tighter money could slow economic growth and spark a recession. The Dow fell 13.95 to 823.02, the NYSE index dropped to 53.90, and S&P declined to 95.85 amid expectations of a federal funds rate at 7 percent. Trading volume rose to over two billion on the NYSE, with declines outpacing advances on major exchanges.

New York UPI Wall Street Federal Reserve Board White House Congress Fed Standard & Poor New York Stock Exchange NYSE U.S American Stock Exchange

Stocks to Watch Week of June 19 1978 Highlights

Weekly stock snapshot shows increased and extra dividends across many firms. Notable moves include DiGiorgio Elect Data Fitchburg General Signal and Joy Mfg all raising payout. several firms announce stock splits and new earnings figures for the second quarter. Mergers acquisitions and anticipated listings also populate the market brief with multiple corporate actions.

United Press International DiGiorgio Co Elect Data Sys Fitchburg Gas General _Signal Hhindis Tool Jewel Cos Joy Mfg Co Measurex Corp Nail Service New Eng Gas & el Rexham Corp Rochester Gas Rochester Sunbeam Core Thompson J Walter Wolverine Wid—éc ASH Bell Industries Jc Ock Roblin Industries Sikes Corp Congoleum Corp Santa Barbara Rogers Corp Showboat Inc Knight Ridder News Am Agronomics ICM Reality Koehring Co Narco Scientific Ohio Sealy Ransburg Corp Tokheim Corp i Uld Air Levi Strauss Ac Spartek Inc Carter Hawley Thaihimer Chesebrough Ponds Bass Coca Cola Ny-Jeannette Cp Cooper Labs Pacemaker den Tal Ez Technodent Harsco Co Grand Junction Honeywell Inc Spectronics Nati Mod Medfield PepsiCo Inc Taco Belt Scott Foresman Fleming Rev Valley Ind von Hoffman Co Voplex Corp Anchor Plastics Biscayne Fed Sellinga Wu! Inc Filmways Inc Prime Computer Community Psychiatric Decorator Graham Manufacturing United Press Inter

Collins wins two orders for Rockwell Collins avionics

Swiss Air Transport Co. and Austrian Airlines place orders totaling over 1.5 million dollars for Rockwell International Collins Air Transport Division avionics including EPC-75 flight profile comparators and transceivers for new DC-9-80 fleets. Delivery starts early 1980. SALC awards 1.3 million for MRC-107A adapter kits to convert Jeep systems for APCs enabling 30 minute transfers.

Swiss Air Transport Co. Ltd Air Transport Rockwell International Collins Air Transport Rockwell-Collins Air Force Sacramento Air Logistics Command SALC Collins Telecommunications Products Division

Collinsman Addresses World Convention On Circuit Board Trends

Robert W. Wright of Rockwell Collins Interconnect Products spoke to over 500 delegates at the First Printed Circuit World Convention in London. His talk, Multilayer Circuit Board Future Technology Trends, projected trends to 1990 and noted his work since 1964 on multilayer circuit board development.

Robert W. Wright Rockwell-Collins Interconnect Products London Wright

Bank Clearings in Cedar Rapids Week Ended Friday

Bank clearings in Cedar Rapids for the week ended Friday totaled 22,126,168, down from 25,415,039 the prior week. The figure compares with 17,592,715 for the same week a year earlier ending June 24.

Cedar Rapids Bank Clearing House

Also Mentioned on This Page

Cedar Rapids Sun Collins Collinsman World Meeting Realtors Mike Andrews Mike Liberty, Inc TOR Ugstore Tiparillo Wilson Ave. SW 32Nd Oakland NE MT. Vernon RD Marion 7Th Ave Contac A.R.M. Allergy Vlasic Killer Kane Summer Toys
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