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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 27, 1979
Page
16
A long list of stock prices and changes from Abbott Labs to Xerox, with numerous company names, prices, and percentage moves across multiple markets, reflecting active trading and the latest composite totals as of 10:30 a.m. NY time. The data includes earnings multiples, dividends notes, and footnotes on market sources.
The stock market rose Tuesday afternoon despite OPEC raising oil prices 9.05 percent on April 1. Traders cited hope for decontrol of oil prices and an soon to be delivered energy speech by President Carter. Dow up 5.80 to 860.61. NYSE index up 0.32 to 57.08. volume strong across venues.
AP Omaha reports hogs 1.25 to 1.50 lower with 200-240 lb at 46.25 to 46.75 and 240-250 lb at 45.75 to 46.25. Sows mostly 1.00 lower, some 1.25 lower, 300-650 lb 42.75 to 43.50. Cattle and calves: steers 25 to 75 lower, some 1.00 off. heifers near steady, bulk 25 to 50 lower. cows 50 to 1.00 higher. Three loads choice 1175-1225 lb steers at 74.00, other prime loads 72.00 to 73.75. Heifers 1000-1050 lb 72.60, 975-1050 lb 71.50-71.75, 900-1050 lb 69.00-71.25, some 71.50 early. Utility and commercial cows 53.50-56.00, high dressing 56.50-57.00, cutter 51.50-54.00. Estimated Wednesday receipts: cattle and calves 3,000. hogs 4,000.
Livestock market in Des Moines shows hog trade active with moderate demand. Butchers down 100 to 1.50, sows 1.00 lower. price ranges for various weight classes listed, with estimated receipts at 100,000 and prior figures given for comparison.
The Cedar Rapids hog market closed $1.00 lower than the butcher market, with packers up to 550 lbs down $0.50 to $1.00 and packing sows under 550 lbs at $40.00-$40.50 and over 550 lbs at $39.00. Butchers 230-300 lbs show incremental cuts, packers receive weight-based reductions, and a new telephone line is 398-5966. Sheep prices held steady with shorn lambs at $62.00-$64.00 and wool lambs $60.00-$62.00, with lambs over 105 lbs discounted.
Century Engineering Co officials seek a $4 million industrial revenue bond from Cedar Rapids City Council to fund a 123000 square foot expansion on 20 acres outside downtown. The move would add 30 percent more manufacturing space and relocate part of farm sprayer production, with construction to start soon and completion hoped by year end.
Police arrested Jackie R. Pigman on a false use of a financial instrument warrant related to an alleged home repair swindle of an 80 year old woman. Virgil D. Fritz was charged with second degree theft in the same probe. Pigman posted bond and was released from Linn County Jail.
Robert R. Daseke, 26, of 110 16th St. NE, was held in Linn County Jail on second-degree burglary charges after being arrested at 4:45 a.m. in an apartment house at 410 17th St. SE. Police were dispatched to investigate a prowler after Bessie McNulty heard noises around 4 and 4:30 a.m. and alerted a neighbor. Officers found a broken basement window and Daseke on a stairway to McNulty’s apartment.
Frederick Bruns, supervisor and curator of the Smithsonian Institution's division of postal history, died Saturday of cancer at 66. He founded the American Philatelic Congress and led it as president from 1944 to 1947.
UPI dispatch notes Sioux City hogs at 7 000 with mostly 200 280 lb hogs around 1 50, No 1 2 200 250 lb at 46 50 46 75, sows steady 1 3 350 450 lb at 43 00 44 00. Cattle 3 500 traded slow with slaughter steers and heifers down up to 1 50, top steer 72 00 73 50 for 1 050 1 300 lb, heifers 68 00 70 00 850 1 100 lb. Joliet markets show insufficient cattle trade, hogs 1 000 head fair to slow with 1 2 200 230 lb at 46 50 47 00 and 230 240 lb at 46 25 46 50. Wednesday receipts: cattle 2 000 hogs 1 200.
North criticizes South after a failed notrump game in which South wins the second diamond and cannot reach his hand to collect the fifth diamond. The admonition explains a better line: duck the second club, win the third, discard from dummy, and unblock the suit. On this date in 1964 Alaska suffered a deadly earthquake causing over 100 deaths and about 750 million dollars in damage.
Amex stock listings show Nationwide composite prices for selected equities as of 11 20 a m NYT per United Press International. Banister 40 9 2 BroscanLt 14 2 Cal Comptr 25 9% Carnatn 150 8 66 Champ Hm 32 CircleKCe 1 8 4 CrownC 609 7 163 DoyMn 25d 21 4 Dome Petro 1)210 Felmont 2016 14 FisherPrt 51 7 LoewsTh wt meCulich O1 30 62 MitchiiE 12 10 9 O Okep Cop RemArms 5 RescCott 24 7 6 Solitron Dev 17 ie USFilter 32 8 WyoBnce 64 9
The readable text shows numbers and percentages, including amounts like 856.72 and 220.78, with lines of figures such as 104.60 netwig 190 087 40.13 and pct whg 40.22 040 40.12. Specific names, dates, or events are not discernible.
Standard Poor's hourly indexes for Tuesday show mixed movements across sectors. Industrials, utilities, and financials trade with notable changes while the overall market maintains a cautious tone.
In a Howell movement duplicate bridge event on Sunday the winners were Mr and Mrs Howard Wilfong first, John Butcher and James Ott second, and Mrs George Jenkins with Mrs James Smitt kamp third. The next game is Sunday at 5 30 PM at the Cedar Rapids Bowling Center.
Pro Farmer Grain Cedar Rapids reports soybeans down 5 cents on March through new crop and yellow corn down 1 cent for the same contracts. White corn and oats hold steady from Monday, with delivery quotes at Cedar Rapids processors for 10 0 a.m. Tuesday.
The Federal State Market News Service reports a unsettled market in Des Moines with moderate demand and generally adequate supplies. Offerings and trading are light with too few flocks sold to report prices, and prices at farms are too few to report in cents per pound.
Prices paid to producers for farm eggs show unchanged levels with Grade A large 56-62 cents and medium 49-55 cents. Supplies loom larger than desired as movement to retailers continues and markets remain unsettled with varied quality incentives.
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