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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

May 24, 1979

Page

33

New York Stocks Mixed as Early Trading Opens

United Press International reports Selected composite prices at 10 30 a m from NY and other markets show diverse moves among Aetna Air Prod Alcan Albony Cp Allg Lud Amex Cp and many more. The data reflects ongoing trading activity across industries and exchanges with numerous price changes recorded.

United Press International Hds Dome Petro Felmato Ford Grttlich Kaiser

Stock prices wander with slow trading

New York stocks drifted as investors stayed on the sidelines awaiting clearer signals on the economy and inflation. The Dow fell 7.97 Wednesday and stood around 837.14 at 1:15 p.m. EDT. NYSE index declined to 56.32 with a 3 cent drop in price per share. Trading volumes were down from Wednesday. Midwest meat markets showed slow demand with steer and pork prices mostly steady to lower while livestock prices varied across Des Moines and Sioux City reports.

Imme EY Rae Xerox Zale Corp E— Zayre Corps Zenith Rad Zurn_ind Amex Boston Cincinnati p-Pacific U- Midwest NEW York UPI New York Stock Exchange NYSE American Stock Exchange Des Moines Federal State Market News

Hog prices ease as Iowa butchers trim bids

Des Moines UPI reports hog trade slow to moderate with lighter demand. Butchers drop 1.00, sows steady to 50 lower, with No 1-2 200-230 lb bids around 42.00 to 44.00. various weights 41.75 to 39.00. Thursday receipts 80,000 versus 91,000 last week and 60,000 year ago.

Des Moines UPI Midwest Clear Channel Boston Sioux City Omaha (Ap USDA U.S Joliet Webster City

Cedar Rapids grain soybeans and corn hold steady prices

Prices for soybeans and white corn were steady across May June July and new crop deliveries in Cedar Rapids at 10 00 am with No 2 corn at 2 445 May 2 435 June 2 455 July 2 360 new crop 2 83 white corn 2 95 new crop oats old crop 1 45 new crop 1 67 Quotes from Pro Farmer Grain Cedar Rapids and Omaha AP USDA livestock figures show mixed hog and cattle moves with Fridays receipts projected.

Cedar Rapids Pro Farmer Grain

Cedar Rapids hog and cattle market results flow in weekly report

Cedar Rapids markets show butchers down 50c, packers steady to 50c lower up to 550 lbs, and sows steady. Bulk cattle sold 42.00 to 42.75 per cwt, packers lighter weights 37.50 to 38.50, sows above 550 lb 38.00. Steady sheep bids 66 to 68 for spring lambs. eggs mixed with regional price ranges and weak undertone noted.

Cedar Rapids

Mar-Mac votes on bonds for new school building

Voters in the Mar-Mac School District will decide on June 12 whether to issue bonds for a new classroom and gymnasium building adjacent to the high school. The $700,000 project would be funded by a tax levy of $2.70 to $4.05 per $1,000 valuation, with two ballot questions: bond authorization and tax approval.

Mcgregor Mar-Mac

Ellis Park patrols yield several arrests

Police increased patrols at Ellis Park citing juvenile beer drinking and litter. A Wednesday traffic check stopped many cars and led to around a dozen juvenile arrests and two adults jailed for marijuana possession.

Ellis Park Park Roads

Butter and Egg Prices Steady in Chicago USDA Report

Chicago prices show butter with no change for delivery to Chicago at 93 and 92 scores with 121.80. Eggs to retailers in cartons delivered hold steady with Grade A extra large 59-42, large 57-59, medium 49-51.

Chicago UPI USDA

Market index report from New York stocks

UPI reports Standard and Poor's hourly index for Thursday showing the Industrials Utility fund at 110.85 with a change of 14.33 and a close of 111.20. Previous close 111.20. Market figures include 4000 units and related price shifts across sectors.

New York UPI Standard & Poor Industrns Utili Fundl Liam

West Chester Bar Destroyed by Early Morning Fire

An early morning blaze in West Chester destroyed the Hitching Post tavern with no injuries. Smoke was spotted around 1 a.m. Thursday and the one story building was soon engulfed. Firefighters from Wellman Keota and Washington assisted the West Chester department. cause under investigation with no damage estimate yet.

West Chester Washington County Wellman Keota Washington West Chester Department

Ex gridiron alumni fined after disco brawl in Iowa City

Two former University of Iowa football players Darrell Hobbs and Steve Vacquez pleaded guilty in Johnson County Magistrate Court to misdemeanor charges after a May disco fight. Vacquez faced two counts of assault and one of disorderly conduct with a $300 fine. Hobbs admitted to interference with a police officer and assault with a $200 fine. Both paid $8.50 in court costs per charge.

Iowa City University of Iowa Johnson County Darrell Hobbs Steve Vacquez Vacquez Hobbs

Rath workers seek court intervention over arbitration award

Local 431 of the Meat Cutters and Butcher Workmen of America filed May 24 in U S District Court at Columbus Junction seeking to confirm an arbitration award against Rath Packing Co of Waterloo. The union says Rath has not complied with the arbitrator’s decision awarding severance pay and pay for 36 hours after last June’s layoff.

U.S. District Court Rath Packing Co Columbus Junction

Mitchell movement winners at YWCA game

Winners named for the Mitchell movement at the YWCA include North south S G Blencoe and Ruth Helm first place with Phil Arnel and Ken Hixon second. East West Connie Hel lenthal and May Ann Boardman first with Al Roush and Bruce Thiher second. Next game is Wednesday at 7 30.

Mitchell YWCA S.G. Blencoe Ruth Helm Phil Arnel Ken Hixon Connie Hellenthal May Ann Boardman al Roush Bruce Thiher

Auto sales slump deepens in mid May

Domestic auto sales fall 24 percent in mid May with GM down 20.4 percent from May 11 to 20 Ford off 32.3 Chrysler 33.2 and AMC 8.1. Year to date GM up 0.8 percent while the Big Three drop 4.5 and all five makers 3.1. Analysts cite gasoline uncertainty and a developing auto recession.

Detroit Arvid Jouppi John Muir & Co Robert Burger General Motors Corp General Motors Ford Motor Co Chrysler Corp American Motors Corp Volkswagen Manufacturing Corp Ford Chrysler AMC

Grain prices in Chicago cash market report

Chicago price rundown shows Wheat No 2 hard red winter around 3.47 per bushel and No 2 soft red winter near 3.85. Corn No 2 yellow about 2.48 with additional figures 2.62 for boxed. Oats No 2 around 1.48. Soybeans No 1 yellow near 7.28.

Chicago

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