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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 12, 1979
Page
9
Composite prices from United Press International show varied moves across many stocks led by Xerox, Zale, Zenith, Amex and Dow components. Names like AmEx, Coca-Cola, AT&T, Exxon, Gulf Oil, IBM and Ford appear with prices and percentage changes as of 10:30 a.m. in New York.
New York UPI reports Standard Poor's hourly indexes for Monday showing values across sectors Industrials Utilities Fuel Viams with PrevClose figures. Index readings include 110.57 13.98 50.57 11.59 alongside prior close 110.88 13.42 50.77 11.6.
United Press International reports at 11 20 am the Amex stocks nationwide composite prices for selected equities. The update reflects intraday values from the American Stock Exchange as compiled by UPI for The New York Times.
United Press International reports the Dow Jones averages at 839.48, 213.14, and 103.52 with declines of 3.38, 0.87, and 0.64 respectively as trading shows weakness across indices. Notches and slight shifts indicate uneven market performance during early sessions.
A society garden feature invites readers to attend a Parade segment this Sunday offering tips for growing healthier plants. Local horticulturists share practical steps and seasonal advice. The event venue and timing are listed by the sponsor.
In New York market activity steadied as President Carter postponed his Israel departure hoping to salvage peace talks. The Dow fell about 4.8 points to 838.09 by mid afternoon while NYSE and AMEX trading showed mixed results and notable declines led gains. Wheat and corn prices were listed with Stan chalk quotes in Chicago.
Cedar Rapids market reports a 50c to $1.00 drop for butchers and packers up to 550 lbs with larger sows, plus adjustments by weight. Prices for country and plant delivered butchers 200-230 lbs hover at $49.00-$49.50. Packing sows under and over 550 lbs at $45.50-$46.00 and $45.00 respectively. The report notes a new telephone number 398-5966 for the hog office and lists cattle and sheep price ranges from Des Moines, Webster City, Chicago, and Omaha markets with varied declines and firmness across weights.
The dollar strengthened against major currencies, closing in Tokyo at a eight month high of 205.60 yen. European rates showed the pound rising to 2.0416 dollars, with mixed gold prices and overall quiet trading. Local rates in Frankfurt, Zurich, Paris, Amsterdam, and Milan edged higher while London gold stood at 241.125 dollars per ounce before sliding in Zurich.
Iowa hogs trade active yet prices slip with butchers down 1.00 to 1.50 and sows mostly 50 lower. No. 1-2 200-230 lb butchers reach 48.50-50.50, other weight ranges 46.75-49.50. Estimated receipts 115,000. Midwest carrot meat trade shows beef slow, pork for loins and bellies mixed with declines. Sioux City cattle and hogs show moderate to slow trade with hogs down 75-1.00, cattle steady to weak for steers and lower for heifers.
NARFE will meet Wednesday at the Holiday Inn with a 12:30 p.m. lunch followed by slides of Europe by Olive Squires. Many ads and notices follow: spring jackets cleaning, free decorating clinic at Design Studio Cedar Rapids Paint, 363-9634. All Saints School events. Kiwanis speaker at Roosevelt Royale. Karen Votroubek named to Phi Theta Kappa Odessa College. ISU ROTC awards won by Steven L. Schirm. Hawkeye Labor Council retirees potluck at 116 14th Ave SE. Shamrock Dance at Knights of Columbus Hall. Easter Seal Society skating fundraiser March 24 at Super Skate. AA meeting at Trinity Lutheran School. Novak Monuments and local gaming ads. St. Joseph's and Marion church games. Linn Democrats events. weekly fixtures from Pierson's Florists and other local ads. Janice Derr awarded NSF postdoctoral fellowship in ecology at University of Warwick. Jody's Dipidy Dill promo. Ros e's Candle Niche ads. estate jewelry buy offers. Sabadapaso parade details. Morehead Award recipient Douglas Richardson.
East Iowa grain markets show soybeans down 4c on March April May crops and steady on new crop while yellow corn falls 1c on same contracts and steady on new crop. White corn and oats hold Friday close. 10:00 p.m. delivery quotes list No 2 Corn March $2.18 April $2.22 May $2.26 new crop $2.29. White corn $2.79 new crop $2.84. No 1 Yellow Soybeans March $7.025 April $7.16 May $7.19 new crop $6.655. Oats old crop $1.59. Quotes by Pro Former Grain, Cedar Rapids, tel 396-7978.
Winners were North-south Tait Cummins and Phil Cummins first with Ruth Helm and Mrs John Stamy second. east west Alice Koenig and Mrs Thomas Mullin first with Kenneth Hixon and David Cray second. The Cumminses were overall winners. Next game Sunday at 5 30 p m at the Bowling Center lounge.
City of Cedar Rapids adopts Ordinance 18-79 amending Chapter 60 of the Municipal Code to require alarm businesses to obtain licenses, list owners and operators, report criminal convictions, and renew licenses with penalties up to 100 fine or 30 days imprisonment. The ordinance adds rules for false alarms, automatic dialing devices, and inspection enforcement, with a 30 day correction period and separability clause. Publication noted March 12, 1979.
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