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.
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United Press International
Adrser
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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.
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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.
MENTIONED IN THIS ARTICLE
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.
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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.
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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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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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.
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Washington
Highway Trust Fund
Secretaries of Transportation and Treasury
House
Trust
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