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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

Mar 14, 1980

Page

26

New York Stocks Mixed On Broad Composite Move

United Press International UPI report lists Selected composite prices as of 10:30 a.m. with traders watching AmStock, Avnet, Exxon, Ford, General Electric and other major issues. The Dow Jones Industrial Average and Standard & Poor's index are cited, reflecting varied early gains and declines across sectors. Local market notes include Joliet live cattle, Chicago grain bids and USDA-style futures outlooks.

Nyt United Press International Les Net Hds Armco Corp Atlas AvcoCe Avnetine Bunkam Jatia Ale Boxter Jes Benkmn

Amex Stocks Update From Early Morning Prices

United Press International reports Nationwide composite prices for selected Amex stocks at 11 20 a m NYT. The tiny items show mixed figures including a 1 20 18 2 percent move and other small changes from early trading.

Amex United Press International

Iowa hog prices rise as demand holds in Des Moines market

Livestock trade shows moderate demand with steady to higher butchers and sow prices in Des Moines while carrot meat trade remains light. Beef and pork values move within narrow ranges as U.S. west north central hens show mixed sentiment and light offerings ahead of next week’s slaughter.

Des Moines UPI Midwest Boston U.S. West North Central States Federal State Market News Service

Cedar Rapids Grain Market Steady Prices For Soybeans And Corn

Pro Farmer Grain Cedar Rapids reports steady Friday morning quotes for March through new crop soybeans and corn delivery to Cedar Rapids processors at 10:00 p.m. Prices show March corn 2.325, April 2.345, May 2.355, new crop 2.475. White corn old 3.60, new 3.11. Soybeans March and April 5.875, May 5.925, new 6.445. Oats old 1.53, new 1.68. Friday gold and silver quotations noted.

Cedar Rapids Cedar Quotes Rapids

Cedar Rapids Hog and Sheep Market Report Friday

Cedar Rapids hog market remained steady across weight classes with prices for 200 to 230 Ibs at 34.00 to 34.50 and sows at 31.00 to 31.50. Sheep market held steady with shorn lambs at 64.00 and wood lambs at 61.00. buying hours 7 a.m. to 10 a.m. Monday through Friday. Futures trading on the Chicago Mercantile Exchange was reported for Friday.

Cedar Rapids First Mid-America Chicago Chicago Mercantile Exchange UPI USDA

Roundup Suspect Arrested in March 6 Burglary

A citizen tip aided detectives in arresting Greg Payne age 27 of 1412 Fourth Ave SE for second degree burglary in the Theresa McHenry residence break in on March 6. Police say two watches were taken and not recovered. Payne was held in Linn County Jail after arrest just after 7 p.m. Thursday.

Greg Payne Payne Fourth Ave. SE Theresa McHenry Washington Ave. SE McHenry Linn County

Two Marion youths face new burglary charges in region

A 16-year-old and a 17-year-old were charged with second degree burglary in connection with a six-person juvenile ring linked to burglaries at Rex Eno residence, Naser Paywandi home, All Saints School, Grant Wood School and Briles' Bowling Supply. Both suspects were released to their parents.

Marion Linn Sheriff's Department Alburnett Cedar Rapids Rex Eno Grande Ave Naser Paywandi Woodland Drive All Saints Grant Wood School Briles

Henry Ford II resigns as Ford chairman in shift to world focus

Henry Ford II resigned as Ford Motor Co. chairman, ceding day to day leadership to a new team aimed at international growth. Philip Caldwell named chairman and CEO, Donald Petersen named president and COO. Bourke resigns. Caldwell notes Petersen not fired. Ford to remain on board and finance committee as world operations expand.

Dearborn Mich UPI Henry Ford II Ford Motor Co Ford Philip Caldwell Donald E. Petersen Ternational Automotive Petersen William O. Bourke Caldwell Rourke Nally California Semon Bunkie” Knudsen Lee A. Iacocca Chrysler Corp

Dollar climbs as gold prices plunge in global markets

The dollar rose on world exchanges with gold shedding value. Gold fell from January peaks to around $508 in Zurich and about $502.75 in London, while Tokyo closes at 248.750 yen and the British pound weakened to 2.2075 dollars.

London New York Zurich Europe Tokyo

Citibank drives loan rate to 18 1 4 percent in funding squeeze

In New York and Chicago reports, the prime rate for business loans rose to 18 1 4 percent as Citibank led a jump among major banks to top corporate lending costs. Banks cite higher funding costs and nervous demand amid potential controls under President Carter's inflation program.

New York UPI Citibank Chase Manhattan San Francisco Bank of America David M. Jones Aubrey G Lanston & Co Carter Federal Reserve Board Fed Federal Funds Jones

Stocks mixed as Carter inflation plan looms

Wall Street held steady as traders awaited President Carter’s inflation plan unveiling. The Dow rose 0.25 to 809.80 while the NYSE index edged lower. Industrial production rose 0.2 percent in February led by autos amid mixed equity activity.

New York UPI Wall Street Carter Dow Jones White House Commerce Department Hughes Tool Gulf Oil Philip Morris Binney & Smith Sun Co North Sea

Livestock Quotations and Market Receipts Report

Omaha notes Friday quotations for hogs with barrows and gilts up 25 to 50 cents and sow prices rising. U S 1 2 200 240 Ib cattle and calves receipts forecast at 5000, hogs 5000 for Monday market test pending.

Joliet, Ill UPI Omaha Neb USDA U.S

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