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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 15, 1979

Page

25

New York stocks show varied gains and declines across sectors

Composite prices from United Press International list AbbottLab Alcoa Boeing Caterpillar among many firms with mixed moves at 10 30 am NYT market snapshot. Names include Amex Nasdaq rounds, with performance varying by company and sector.

United Press International United Press Internet Eames Gen Reinsur Mott's Supermkts Nicor Fred Meyer Reece Coro Wm Wrigley M

Dow Jones Stock Averages Mixed Early Trading

The Dow Jones average shows modest movement with gains in select utilities and industrials while several components slip. Early figures indicate slight net shifts across the 30 20 15 groupings as traders gauge market direction.

Webster City Livestock Market Report

UPI notes moderate demand for hogs at Webster City with steady butchers prices and sows 50 lower. No 1-3 200-240 lb hogs bring 51.00 to 51.50, 240-260 lb hogs 50.25 to 50.75, No 1-3 300-700 lb sows 44.50 to 45.00. Cattle section empty.

Webster City UPI

Stocks rise on oil price decontrol hopes in Carter era

New York market advances amid investor optimism that the Carter administration will soon decontrol domestic oil prices to tackle energy problems. The Dow rose 4.33 to 849.70 around 1 15 p.m. EST, the NYSE index gained 0.25 to 56.20, and the average share price rose 14 cents as 760 issues advanced to 494 declines out of 1,722.

New York UPI Dow New York Stock Exchange

Ford recalls 1979 model cars and trucks over steering and brake defects

Ford Motor Co recalls almost 17 000 vehicles including Mustang and Capri cars for possible steering loss due to an incorrect steering assembly part and F700 F800 trucks and B700 buses for brake tubing damage from muffler heat. Owners will be notified to bring vehicles in for free inspections and repairs at local dealers.

Detroit Ford Motor Co Ford U.S Canada

Hog Prices Ease Slightly as Demand Holds Steady

Des Moines reports moderate hog trade with good demand. butchers steady. Sows down about 50 cents. Prices for No 1-2 200-230 lb butchers 49.00 to 50.00. 230-250 lb 48.75 to 50.00. 250-270 lb 47.25 to 49.50. 250-300 lb 45.50 to 48.50. No 1-3 300-600 lb sows 43.50 to 45.50. Receipts about 100,000 versus 87,000 last week and 84,000 year ago.

Des Moines UPI

Egg market firm in Des Moines and Chicago futures

Des Moines reports market remains very firm with light offerings as producers hold flocks for egg production and demand stays good. Prices for commercial flocks run 12 to 18 cents per pound, with Grade A large eggs at 53 to 62 cents per dozen, while other grades vary and futures trading continues in Chicago.

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

Grain prices rise at Cedar Rapids market Thursday

Soybeans gain four cents across March through new crops while yellow corn advances are noted for March through new crops. White corn and oats hold steady from Wednesday’s close with delivery quotes for Cedar Rapids processors at 10:00 a.m. Thursday.

Cedar Rapids

Cedar Rapids Hog and Cattle Markets Steady Amid Price Variations

The Cedar Rapids hog market stayed steady with butchers and packers priced by weight and grade. Thursday’s hog prices ranged roughly from $41 to $49.50 for various classes, with telephone upgrades noted at 398 5966. Cattle trade showed top steers $47.50 to $69.00 per hundredweight and heifers $65.50 to $68.00, while sheep and lambs stayed steady with lambs at $63 to $65 and wool lambs $60 to $63, lambs over 105 lbs discounted.

Cedar Rapids

Woman Injured in City Intersection Collision

Jacquelyn A. Gaskill, 30, of 233 31st St. NW, remains in fair condition in Mercy Hospital's ICU after a Wednesday evening crash at Eighth Avenue and Sixth Street SE. She tried a left turn onto Sixth Street and struck Cynthia A. Hultine, 23, of 2520 Mount Vernon Road NE, who had the right of way. Gaskill was ticketed for an improper left turn.

Jacquelyn A. Gaskill 31St St Mercy Hospital Eighth Avenue Sixth Street Gaskill Cynthia A. Hultine Mount Vernon Road Hultine

Chicago cash grain price report

Wheat No 2 hard red winter 3.63. No 2 soft red winter 3.63. Corn No 2 yellow 2.42 Van 2.34. Oats No 2 heavy 1.39. Soybeans No 2 yellow 7.31.

Chicago

Bridge Mitchell movement winners named at YWCA

Competition Bridge Mitchell movement winners Wednesday at the YWCA were North-south Virginia Stamy and Lou Harrington first and Diane Vinquist and Richard Golembiewski second. East-west Phil Cummins and Don Benda first and Dean Helgens and Dick Moenck second. Next game will be Wednesday at 7 30 p.m. at the YWCA.

Mitchell Movement YWCA Virginia Stamy Lou Harrington Diane Vinquist Richard Golembiewski Phil Cummins Don Benda Dean Helgens Dick Moenck

Four arrested in 2 Linn vehicle chases

Linn County deputies in two early morning chases arrested four people. Tommy Chase, 21, and Carol Anderson, 19, were taken after a pursuit from Center Point to Walker. Richard Risk, 23, and William J. Elsner, 25, were jailed after a high speed crash near Center Point. Additional arrests for drunken driving included Raymond Norton and Lynn Cullen.

Linn County Buchanan Benton Sheriffs Department Center Point Highway 150 Walker Tommy Chase Third Ave Chase Benton County Carol Anderson Oakland Road Cedar Rapids Anderson Franklin Street Richard Risk 14Th Ave Marion William J. Elsner Bever Ave. SE Elsner

Trial set over Cedar Rapids Building Dept committee open meetings

The Gazette seeks a court declaration that a Cedar Rapids Building Department ad hoc committee was a public agency and its closed sessions violated the open meetings law. The trial is scheduled for April 12 at 1 30 p m. the city and chairman say the panel is dissolved though Gazette argues the issue may recur via future committees.

Cedar Rapids Gazette Linn District Court Floyd Bergen Thomas Kelly Sr Bergen Kelly Ed Winter

Dressed Meats Trade Slows as Pork Demand Rises Next Week

Midwest pork trade remains slow with fair demand and prices for next week. Fresh pork 96.00 per hundredweight ship up 1.00. 14-17 lb at 94.50-95.00 steady to up 1.00. 17-20 lb at 91.50 steady. Boston butt 4-8 lb 84.00 up 1.00. 20-26 lb hams 85.00. 26 lb hams 76.00. Seedless bellies 14-16 lb 58.50, part load 56.75. 16-18 lb part load 3.75 with no trend. Beef trade slow with light demand and no sales in steer and cow beef. 400-700 lb choice heifers 97.50-100.50 steady to up 1.00.

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Butter and eggs steady in Chicago USDA market report

Chicago dairy and egg markets show unchanged wholesale prices per USDA report. Butter remains around 117.25 to 118.00 for 93 score and 114.00 to 114.50 for 92 score delivery. Eggs to retailers hold with Grade A cartons at 77-80 cents, large 76-78, mediums 72-74.

Chicago USDA

Inventories Rise Across U.S. Firms in January Surge

Commerce Department data show total business inventories up $5.4 billion to $384.8 billion, a 1.4 percent rise led by manufacturing which gained $3.4 billion to $201.2 billion. Sales slipped $72 million to $273.7 billion as economists warn extended gains could slow production and lift unemployment.

Washington Commerce Department

Dubuque Seeks Dismissal in Sewage Plant Suit

The city of Dubuque files counterclaims in federal court arguing the $5 million government suit over its $20 million sewage treatment plant should be dismissed. They say design involvement by federal and state authorities and time extensions were denied, while pollution standards are unenforceable. The action aims to avert daily fines up to 10 000 dollars per violation.

Dubuque U.S. District Court U.S Iowa James Reynolds

Sickles Held on Two Charges After Police Arrest

Police arrested Raymond Sickles, 19, of 301 G Ave NW on a warrant for delivery of controlled substances and charged him with fifth degree theft in a report by Dianna Edmunds of 3109 Bramble Rd SW about a purse stolen in the 2800 block of Sixth St SW. He was held late Wednesday.

Raymond Sickles G Ave Dianna Edmunds Bramble Road Sixth Street Sickles Linn County

Also Mentioned on This Page

AbbottLab AlliedChm AlliedSt AllisCh Alcoa AMAX Amerada AmaAirin AmBrands Am Motors AmNoRes AmStd AmStrs Va AmTelTel AMF Ampex Cp Amstor Armco Asorco Ashino Va svGe Corp Vane Vnetine Boker Ith Bongerp Bakom Baxter T BritPet Brunswk Bucyrus Bulova Bunkr Amex Cincinnati p-Pacific U- Midwest Philadelphia Adobe Oil Banister Brascaon Lt Doy Mn Ye Dome _ Petrol Felmont Bees FisnerPrt Fronter Viet Ve Giant Y Ie Hormel Houstoil McCulich Mitchiie Syntex Teleflex Usfilter Sv Unitednessinternational A.m Bac Netwig Standard & Poor's Index Standard Poor Webster City Livestock Mig Etm Stone Inc Ins. Fund Seoreese Archer Daniels Wye Banks of Lowa Beatrice Foods Brenton Banks, Inc Mae Consolidatea Foods Harnischfeger Hawkeye Banc Interstate Power Ay Iowa Electric Keuffel & Esser A Life Investors. Inc Jones Mid-America Miracle A O's Quaker Dots Rockwell United Fire Casuality United Guaranty Universal Foods Lowa Farm First Mid-America Chicago Mercantile Exchange East Pro Farmer Grain Shearson Hayden Stone Inc C.R. Markets Chicago Cash Grain Bob Kurt Rogahn Raymond K. Norton C Ave Third Avenue 13Th Street Lynn A. Cullen Bever Ave Third Street Building Committee
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