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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 29, 1979

Page

9

New York stocks show wide activity across many firms

A dense NYSE and composite price list shows diverse movement with many names including Shell, Exxon, IBM, DuPont and Boeing. Notable gains and losses appear across energy, chemical, tech, and industrial sectors, reflecting broad market activity and shifting investor sentiment.

Amex stocks Nationwide prices as of 11 20 a m NYT data

United Press International reports Amex market prices for a list of stocks as of 11:20 a m New York time. Prices show last, change and earnings per share figures for Adobe Apollo Petrol Bonister BradRg Brascan Ltd Cal Comptr Cornatn Champ Hm CirclekCp CrownC DayMn FelmatQ FisherPrt FordCan Fronter Giant Y Houston LoewsTh McCullch Me Mitch Se Okep Cop RescCott Wat Sottron Dev Storrett Sup ind Syntex SyscaCe Teleflex USFilter WyoBnce among others with brief bid and ask style shorthand and partial figures.

FordCan Fronter GriLkCh Housto LoewsTh Wit McCullch Mitch HE Sottron Dev Storrett Syntex SyscaCe Teleflex

New York Markets Report From Friday Trade

Standard and Poors hourly indexes show mixed movement across sectors in New York. Industrials and utilities traded unevenly with notable readings and recent closes cited alongside prev values.

New York UPTI Standard & Poors Industrns Utili Ham

Oil export halt report roils markets in Libya confusion

Investors on Wall Street faced confusion after reports Libya planned to halt oil exports for up to four years. The Dow slipped to 840.78 as markets reacted to an Arabic interview published in Paris, later tied to timing around an OPEC meeting and price adjustments.

New York UPI Libya Muammar Khadafy Wall Street New York Stock Exchange American Stock Exchange

Grain Prices in Cedar Rapids Market Friday

East Iowa grain prices fell with soybeans dropping 17 cents on June and July crops and 16 2 cents on the new crop while yellow corn declined 4 2 cents on June, 9 cents on July, and 4 cents on new crop from Thursday. Closing tones held for white corn and oats. delivery quotes to Cedar Rapids processors at 10 00 a.m. Friday. No.2 corn values: June 2 57, July 2 56, August 2 59, new crop 2 58. White corn 3 04, white corn new crop 3 26. No.1 yellow soybeans June 7 08, July 7 08, August not quoted, new crop 7 06. Old crop oats 1 78, new crop 1 80. Quotes by Pro Farmer Grain, Cedar Rapids, 396-7978. Furnished by First Mid-America. Chicago futures mention.

Shearson Hayden Stone Inc Am Equity Ins. Fund Archer Daniel Baondag Beatrice Foods Brenton Banks, Inc Conrac Conslidated Foods Excello Corp FMC Harris Hawkeye BanCorp Interstate Power Iowa Electric Towa-Tls John Deere Keutsel & Esser Kidde Life Orsine LTV Ions Marco Maytag Mid-America Miracle O's Gold Ozark Quaker Oats Cedar Rapids Cedar Rapias Pro Farmer Grain

Chicago butter and Omaha hogs USDA price roundup

USDA bulk selling prices Friday show butter steady to firm in Chicago with 93 score at 122.50 and 92 score at 121.80 delivered. E99 delivery prices unchanged. Retail carton prices quoted as extra large 66-69, large 64-66, medium 53-55. Omaha livestock quotes: hogs 200-240 lb 40.50-41.50, 240-280 lb 37.00-40.50. sows 50 lower on light weights. Cattle and calves limited trade. USDA expects Monday receipts: cattle and calves 6,500. hogs 5,500.

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Foreclosures On Judy's Hamburgers Buildings In Marion

Linn District Court foreclosed mortgages on Judy's Hamburgers properties at 1201 Edgewood Road SW and 665 Marion Blvd Marion. A sale date will be set to satisfy a total judgment of 625,891.27 on the mortgages with unpaid principal of 2,222,554.27. Life Investors Insurance Company of America filed suit against Ju Li Corp and Judy's Foods Inc. Ju Li owned by Cedar Rapids insurer formerly held the mortgage as the chain was sold to Chicago businessmen. Ju Li closed restaurants in February due to lack of business.

Judy’s Hamburgers Edgewood Road Marion Blvd Marion Linn District Court Life Investors Insurance Company of America Ju-Li Corp Judy’s Foods Inc Cedar Rapids Insurance Company Ju-Li Chicago

Machinists Vote On Proposed Contract At Iowa Manufacturing

About 700 Machinists union members at Iowa Manufacturing will vote Monday afternoon on a contract proposal. The union contract expires at midnight Wednesday. The plant will close several hours Monday to allow voting. Joe Loufe k, Iowa Manufacturing president, said the offer would be submitted to bargaining for study by union members over the weekend. Bud Given, Machinists business agent, could not be reached for comment.

Iowa Manufacturing Co Iowa Manufacturing International Association of Machinists Joe Loufek Bud Given

Model life insurance law urged by FTC staff

The FTC staff proposed a draft model life insurance law to guide states in informing buyers about policy details. It would require insurers to disclose the rate of return on whole life policies to aid consumer comparison, though the American Council of Life Insurance finds parts confusing.

Washington Federal Trade Commission American Council of Life Insurance

Cabin boat theft reported near Alburnett

Claude Swarts reported to Linn county deputies that a boat tied to his dock was stolen from his cabin location three miles north of Alburnett. The loss occurred between June 17 and 25, according to sheriff's reports.

Claude Swarts Alburnett Linn County Sheriff's Deputies

Wanted United coupons in Cedar Rapids resale craze

The Cedar Rapids market for United Airlines half fare coupons shows buyers paying about 25 dollars with some up to 150. Advertisements since May 28 reveal many want to buy coupons rather than sell, and families plan to use them for trips to Phoenix Lake Tahoe and skiing this fall before the December 15 expiration.

Cedar Rapids United Airlines the Gazette Betty Kuhn Everloy Road Kuhns Phoenix Lake Tahoe Canada Kuhn United States United Beverly Richardson Owen St. NW Richardson Chris Daniels Pan American Airlines Civil Aeronautics Board

Boy Injured In Bicycle Accident In Fair Condition

Five year old Devin Stauffacher of 5209 First Ave SW was listed in fair condition in St. Luke's Hospital pediatrics unit after suffering a concussion in a bicycle crash Thursday afternoon before 4 30 p m The child is the son of Stevan Stauffacher and was injured this afternoon.

Devin Stauffacher First Ave St. Luke’s Hospital Stevan Stauffacher

Livestock and grain quotes from Joliet and Chicago markets

In Joliet, limited cattle and hog sales with prices for choice heifers at 67.00 and various cow and hog price ranges. Monday cattle estimates listed at 2,100 head and hogs at 1,500. In Chicago, wheat and grain futures quoted: hard red winter 4.18, soft red winter 4.38, corn 2.86, oats 1.66, soybeans 7.38.

Chicago

Dollar Gains Nationswide as Gold Prices Edge Up

The dollar recovers slightly on world currency markets while gold climbs after Thursday’s drop. In Tokyo the dollar neared 21700 yen, London pound slides to 2.16525, and gold prices rise to about 277.13 at Zurich and 276.88 in London amid thin trading and mixed European rates. Local market summaries report weak undertones in meat and egg markets with prices moving modestly and supplies building, while cattle slaughter demand remains light.

London Tokyo Europe Frankfurt Zurich Paris Amsterdam Milan West North Central States Live News Des Moines Frida

Meat market round up from Des Moines trade Friday

Midwest carrot meat trade notes slow beef demand with few steer sales and steady heifer beef, prices for 600-800 lb steer beef at 105.50 and 500-700 lb heifer beef at 104.50. Pork trade slow with light demand. picnic 4-8 lb at 55.75, skinned hams 14-17 lb 72.50-74.50 down 3-5, 17-20 lb 72.50-74.50 down 3.50-5, 20-26 lb 70-74 down 2-3.50, bellies varying by weight with declines listed. Also notes Tahiti passage of 1880 date.

Des Moines Midwest

Livestock Friday Hogs Market Report from Webster City

UPI reports brisk hog trading with demand good on Friday. Light hogs steady while heavier hogs rise about 25 cents, sows up to 50 cents. Prices listed for various hog weights and sow lots. cattle market not reported.

Cedar Rapids hog and cattle market reports Friday

Cedar Rapids market steady on hogs and sows with price ranges for 200 to 560 lbs. and over 550 lbs. plus tiered discounts by weight. Friday top steer trade 368.00 for 1000 to 1200 lbs. and heifers 900 to 1050 lbs at 66.00. Sioux City live stock activity shows hogs steady to higher, with various weight bands priced. Cattle trading unavailable.

Cedar Rapids

India to Build 3.5 Million Ton Steel Mill at Mangalore

New Delhi India reports that Britain and France offered India financial and technical help to build a 3.5 million metric ton steel mill at Mangalore an Arabian Sea port in Karnataka. Industries Minister George Fernandes announced the plan on Thursday.

New Delhi India UPI Britain France George Fernandes Fernandes Mangalore Karantaka

Competition Bridge Club Championship Winners Named

The Marion Cedar Rapids Club championship at Kenwood Park Presbyterian Church crowned overall champions Mrs Jenkins and Mrs Smittkamp. In North South first were Mrs Smittkamp and Mrs Jenkins, second Mrs Slaman and Frank Zeman. East West first went to Gary Williams and George Kanellis, second Thelma Zeman and Grace Eyman. Next game is Thursday at the church.

Kenwood Park Presbyterian Church James Smittkamp George Jenkins James Slaman Frank Zeman Gary Williams George Kanellis Thelma Zeman Grace Eyman Jenkins Smittkamp

Also Mentioned on This Page

White Motor Whittake Wickes Willams WinnDx Xerox Zale Corp ZenithRad Zurn Amex Boston Cincinnati p-Pacific U Midwest Philadelphia Gazette Classified United Press International Industrns_ Utili asm Netwig Petcha Standard & Poor's Index Iowa United Press International Company Baybanks Inc Orange & Rock Sunbeam Cpg Boston Edison Equitable Lf Federal Coq Garden West Homes Keuftiel & Esser Mega Int Numac Oil & Gas Ocean Drilling & Explor Outlet Co Standard Pacific East First Mid-America Chicago Mercantile Exchange Omaha Livestock Judy's Vicki Shannon Gazette Richardsons Joliet Livestock Chicago Cash Grain Lowa Farm South Pacific Tahiti Webster City Livestock Webster City C.R. Markets Sioux City Livestock Bridge Marion-Cedar Rapids Club Beauty School For Sale Muscatine
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