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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 19, 1978

Page

22

New York Stocks Edge Mixed in Early Trading

Composite prices from United Press International show several large caps with mixed moves at 10 30 a m including Alcoa Amex Exxon and IBM shifting modestly while Boeing Dow components and various utilities display gains and losses. Investors monitor earnings and market breadth as trading momentum fluctuates across sectors.

United Press International Adrser Aebolt AlcanAl Aliguud Allg Pwag AlliedChm AlliedSt AllisCh Alcoa ArmsCork Sorco Atircht

Market Indices and Values From Standard & Poor's Friday Report

New York UPI reports Standard and Poor's hourly indexes for Friday show mixed movements across sectors with declines in some items and gains in others. The data list previous closes and current figures for several indices, reflecting overall market volatility.

Univen Press International Voresional Util Ilo Netwig Pet Standard&poor'sindexe New York UPI Standard & Poor

Composite market trading indicators and dividend codes list

Composite tables show eight markets identified by loss price indicators including a Amex b Boston e Cincinnati 9 NASD k institutional block trades p Pacific u Midwest x Philadelphia and various dividend codes a through x specifying types such as cash, stock, paid in 1977 1978 and special conditions. Sales are in hundreds with some entries traded in 10 share lots.

aAmex Boston Cincinnati p-Pacific U- Midwest

Profit-takers spark midday stock market pullback

UPI reports a mid-session rally fizzled as investors sold shares to lock in gains and the Fed raised the federal funds rate. Dow slid to 850.48 while NYSE index eased to 55.15. turnover fell from the prior day. Key movers included Federal National Mortgage and Dayton Hudson as centers sale completed.

New York UPI Federal Reserve Board Fed Federal Fund New York Stock Exchange NYSE Federal National Mortage Dayton-Hudson Corp

Futures trading on the Chicago Mercantile Exchange Friday

First Mid America furnishes details on futures trading activity on the Chicago Mercantile Exchange Friday. Market action focuses on price movements and volumes tracked by traders in Chicago.

First Mid-America Chicago Chicago Mercantile Exchange

Iowa hog market shows slower trade and lower prices

In Des Moines traders note slow demand with hogs down 50 to 100 cents. No 1-3 200-230 pound butchers bring 48.50 to 49.50, heavier hogs around 46 to 49, sows 42 to 44 for 270-550 pounds, with sizable receipts reported. Wheat corn and soybeans prices listed in Chicago quotes.

Des Moines UPI Iowa Joliet, Ill

Midwest and Sioux City Livestock Markets Report

Des Moines notes show brisk beef demand and steady to lower cattle prices with 600 to 900 pound steer beef at 84.50 to 91.00 and 400 to 700 pound heifers 82.75 to 87.75 while pork values weaken with mixed loin and belly prices. Sioux City report records hogs 1.00 lower with several weight ranges priced, and U.S. 1 2 cattle at 50.50 to 46.00. archival note recalls 1964 disclosure of 40 hidden microphones at the Moscow embassy.

Des Moines UPI Midwest Sioux City USDA U.S

Qineys Believe it or Not 7th Century Protection Breeches

A quirky feature notes a belief from the seventh century that padded breeches protected against sword thrusts and arrows. The item cites a King Features Syndicate banner and references 1978 as a publication context for the world.

Qineys King Features Syndicate

Linn Court Action Delivers Fines and Probation Revocation

Linn District Court actions include Suzan Khouri fined 25 on reduced assault charge after allegedly threatening Mary Walk with a kitchen butcher knife at Khouri's Lounge on Feb 10. Robert Karr’s probation revoked for failure to serve 90 days. could face up to a year in prison. Ralph Edwards fined 1000 for reduced drunk driving charges with 30 days jail, 23 suspended, two years probation. Lester Bizek given 30 days with 23 suspended and two years probation for second offense. Mark Bricher receives 120 days for operating without consent after taking cemetery vehicle March 21. James Harris’s burglary charge dismissed as key witness left town.

Khouri Mary Walk Robert L. Karr Cedar Rapids Ralph L. Edwards Lester H. Bizek Mount Vernon Mark A. Bricher St. John’s Cemetery James E. Harris Donald Norman Jr Norman Alan Cutler

United Fire stockholders approve amended articles and dividends

At the annual meeting United Fire and Casualty Company approved Third Amended and Substituted Articles increasing authorized shares to 2,000,000 and setting a three year director term. The board declared a 20 cent per share dividend for June 15 to holders of record June 1. United Life Insurance also declared a 10 cent per share dividend the same day. First quarter 1978 net income rose to 1,019,000 or 1.20 per share from 761,000 or 0.90 the prior year, a 33 percent gain.

United Fire and Casualty Company United Life Insurance Company

Dollar Gains Slightly As European Markets Open

The dollar tumbled Thursday but edged higher in early European trading. Gold rose to $178.95 an ounce in London and $178.875 in Zurich while several currencies shifted modestly against the dollar amid mixed signals from European central bankers. In U.S. livestock markets, cattle and hog prices moved cautiously higher in Joliet and Webster City, with receipts and bids noted for Friday.

London West Germany Bundesbank Otmar Emminger Frankfurt U.S America Zurich Milan Paris Amsterdam

Transit bill cuts asked to avert highway fund bankruptcy

Three Cabinet officials told a House committee that a proposed 66 billion four year highway mass transit bill should be reduced to 45 billion with 32.9 billion from the highway trust fund. They warned the larger proposal would deplete the trust fund risking bankruptcy.

Washington Highway Trust Fund Secretaries of Transportation and Treasury House Trust

Also Mentioned on This Page

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