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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 30, 1981
Page
20
A volatile session on Friday left the Dow off 2.50 to 991.75 while the NYSE tally was roughly even. Traders awaited the Fed’s weekly money and credit report with M1B showing a $1.2 billion drop, fueling speculation rates may near a peak.
New York listings reveal broad activity with many blue chips and financials posting varied changes. Investors digest uneven gains across sectors as traders weigh earnings, rates, and market sentiment while notable names like Exxon, IBM, and Coca Cola show shifting prices.
A Tuesday seminar on energy efficient window decorations runs 7 to 10 p.m. in room 203 Linn Hall Kirkwood Community College. Ann Enck leads the session with pre registration options Cedar Rapids 398 5412 Iowa City 338 3658 fees 6 dollars. The notice lists other ads and events in the same column.
Livestock report from Des Moines shows hog trade slow to moderate with demand moderate to good. No 1-2 butchers 200-250 lb bring 45.00 to 46.00 dollars, No 1-3 230-250 lb 44.75 to 46.50, sows 300-450 lb 37.50 to 38.50 and 450-600 lb 38.00 to 48.00. Receipts placed at 90 000 for Friday, 68 000 for week, 102 000 for year. Gold quotes at 479.25 and 479.00, Engiehord silver at 10.65 and 10.72.
Friday afternoon quotes show soybeans down 2c on May, steady on June July, up 1c on new crop and down 1c on December. yellow corn up 3c on May, up 4c on June July, with new and December levels to be set. Prices for delivery to Cedar Rapids processors at 2:30 pm list No. 2 corn May 3.3, June 3.31, July 3.31, new 2.16, December 3.2. white corn 3.85, new white 3.96. No. 1 yellow soybeans May 7.43, June 7.33, July 7.28, new 7.25, December 7.37. oats old 2.38, new 2.08. Market reports from Pro Farmer Grain and regional livestock notes follow.
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