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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 07, 1979

Page

10

New York stocks show broad moves in early trading

Selected composite prices from United Press International as of 10 30 a m list gains and setbacks across major names including Abbott Aetna Allied Chem Alcoa Air Products Amex and NYSE components with varied loads, noting multiple firms in the 20s to 60s range and several near 70, 80, or higher.

New York United Press International Boston Cincinnati p-Pacific U- Midwest Philadelphia Amex

Dow Jones Stock Averages And S P Index Hit Mixed Readings

United Press International reports a mixed Monday session with the Dow Jones average showing modest declines in some sectors while the Standard & Poor's index edged higher. Industrials and utilities movements blend with slight shifts in closing figures and hourly readings.

Stocks slide broad and steep in early Monday trading

New York markets fell as investors worried about possible Federal Reserve credit tightening and higher interest rates. Dow Jones dropped to 840.43, NYSE index down to 56.10, with 1,261 declines and 206 advances among 1,800 issues. Trading volume around 17.96 million shares. Midwest carrot meat trade notes and pork market slower with varied price shifts.

New York UPI Federal Reserve New York Stock Exchange Fed NYSE American Stock Exchange

Dollar falls as Japan seeks U.S. help in yen support

Tokyo reports Japanese government asked United States to cooperate to stem yen decline. The dollar dropped to 216.9 yen after closing around 222.78 Friday, with 214.70 yen offered to tourists. Traders cited central bank action and market psychology as drivers of the sharp move amid ongoing currency volatility.

Tokyo U.S New York Carter United States Masayoshi Ohira Washington Ohira Bank of Japan Far East Europe Frankfurt Zurich Paris Rome Amsterdam London

Cedar Rapids hog and cattle prices hold steady on Monday

Cedar Rapids hog market was steady with butchers and packers up to 550 lbs and sows over 550 lbs. Prices for country and plant delivered butchers 200 to 230 lbs ranged 43.50 to 44.00. Sows up to 550 lbs 38.00 to 38.50 and over 550 lbs 38.00. Heavier butchers show discounts by weight. packers also discounted by weight. Friday trade saw steers 1000 to 1200 lbs at 75.00 and heifers 900 to 1050 lbs at 74.00. Sheep market steady with Spring lambs 47.00 to 70.00. lambs over 105 lbs discounted.

Cedar Rapids

Iowa and Sioux City Hog Prices and grain quotes drop

Iowa hogs trade slow yet demand solid with butchers steady to 50 higher and sow prices steady. No. 1-2 200-230 lb butchers 43.50-45.25, 270-300 lb 40.00-42.75. sow prices 38.00-39.50 for 300-600 lb. Cedar Rapids grain market: May corn 2.41, June 2.44, July 2.46, new crop 2.35. soybeans May 7.13, June 7.17, July 7.13, new 6.81. oats 1.58-1.60. Sioux City hogs 8,000. butchers 45.25-45.50, sows 39.00-39.50. cattle 4,200 with steers 74.50-76.50 and heifers 73.00-74.50.

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Street closes on Third Street for overhead sign work

Local street closure on Third Street SW between Second Avenue SW and First Avenue West takes effect Tuesday for installation of an overhead sign support structure. No detour will be marked.

Third Street Second Avenue SW First Avenue West

Fire damages large portion of rural North Liberty home

Strong winds spread a fire that damaged a large portion of a rural North Liberty house Sunday afternoon. North Liberty firefighters responded to a 3:30 p.m. call from James Scanlon, whose residence is located nearby.

North Liberty North Liberty House James Scanlon

Wind spreads fire to North Liberty home

North Liberty firefighters arrived five minutes after the call and battled a blaze that spread from a detached playhouse to the dining room and kitchen through a broken window. The playhouse burned. all occupants escaped unharmed. Help came from Solon, Tiffin, and Coralville fire departments. Cause under investigation.

North Liberty Bob O’rear O’rear Scanlon Solon Tiffin Coralville

Bowling winners at Cedar Rapids Center Sunday

Mitchell movement winners were Ruth Swaner and Mary Kapp first in North-South and Laura Wilfong with Frank Zeman second. East-West winners were Leanne Smittkamp and Mrs. George Jenkins first and Bill Jennings with Frank Jennings second. Next game is Sunday at 5 30 in the bowling center lounge.

Mitchell Movement Cedar Rapids Bowling Center Ruth Swaner Mary Kapp Laura Wilfong Frank Zeman Leanne Smittkamp George Jenkins Bill Jennings Frank Jennings Bowling Center

Eggs and poultry prices hold steady in Midwest reports

In Des Moines and the U S west north central states reports show undertone steady to unsettled. Commercial poultry and egg markets show moderate demand with prices per dozen to producers and cents per pound at farms. Notable ranges include Grade A large 48-51c, Grade A medium 43-44c, and lower grades 25-38c, while dealer inventories are down 7 percent. On this date in 1960 the Soviet government announced trial for Francis Gary Powers.

GES Federal State Market News Service Des Moines Federal Soviet Union Francis Gary Powers

Poetry awards from Wartburg College contest

Midwest Federation of Chaparral Poets announced area winners in the spring contest held at Wartburg College. Irma Dovey took second in serious verse, Mrs. E V Gay was third, and Mrs. John Barthel received special mention.

Wartburg College Irma Dovey E.V. Gay John Barthel Gay Miss Dovey Jerry Bys Carrol Roberts Bys Miss Roberts Dovey Alvah R. Locke Barthel Alvah

Also Mentioned on This Page

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