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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 18, 1978
Page
17
A dense list of stock tickers with latest prices and percentage changes across many sectors and named companies, including airlines, manufacturers, retailers, and banks. The data includes indicators such as dividends, price to earnings ratios, and market activity across eight markets as compiled by United Press International as of 3 p m.
New York stocks closed higher as the market absorbed positive domestic economy signals and a stronger dollar. The Dow gained 3.55 to 797.73, with NYSE volume rising to 25.17 million shares, while oil issues led gains and major indices across S and P rose modestly.
Des Moines reports slow beef trade with limited demand for choice steer beef and steady choice heifer beef in tight markets. Pork sectors show varied activity with fresh loins and other cuts mostly steady to higher or lower on select weights, while Sioux City markets note steady slaughter steers at 54.00 and hogs up to 1.00 higher amid 5,500 head trade.
Iowa Democrats in Des Moines plan leadership caucuses to decide the party’s top posts for the 1979 session. George Kinley may not seek minority leadership in the Senate while Earl Willits and Lowell Junkins contest the post. Dale Cochran seeks to keep the House minority role against Norman Jesse and Donald Avenson.
Two Cedar Rapids men arrested in June for alleged sexual abuse of a boy under 12 have been found mentally incompetent and will not face prosecution unless they regain capacity. Jack Barnett 50 and Archie McGrady 54 were freed on their own recognizance and may be committed to the Department of Social Services if their release endangers the public.
Four Cedar Rapids area girls were injured when the car they rode in struck a tree in the yard of the Edgerly Watts residence at 1448 Hollywood Blvd NE. Annette Skoog 16 and Dana L Mahoney 16 were listed in critical condition at St Luke's Hospital Friday evening. Jean Brest 15 and Laurie Melsha 14 were in good condition at Mercy Hospital. Police said the car's front end suffered about 800 dollars in damage and the crash was under investigation.
Keith McVay aged 19 of 275 Daws Road Hiawatha remained in fair condition at St Luke s Hospital Friday evening after an on the job stab wound to his leg at Wilson Foods in Cedar Rapids at 830 p m Company officials could not be reached for details about the incident.
East Iowa markets show soybeans up 12 cents on November December and January crops while yellow corn gains 1 1/2 to 2 cents across November December and January deliveries as of 2 30 p m Friday No 2 corn November 2 135 December 2 155 January 2 160 White corn November 2 71 Soybeans November 6 465 December 6 465 January 6 465 Oats old crop 1 53 new crop 1 53 Pro Farmer Grain Cedar Rapids supplied the quotes phone 396 7978
Des Moines livestock notes show hog trade moderate with good demand and higher butcher quotes. Prices for No 1-2 hogs range 47.50 to 48.00 per cwt with various weights, sow prices steady. receipts listed for Thursday and week totals. Gold and silver prices close with London and New York rates.
The Federal State Market News Service notes incentives mostly unchanged to 1c higher or 4c higher for other farm eggs. Demand fair to slow, supplies adequate to ample, undertone steady. Price ranges per dozen at farms vary by grade and size from Grade A large 51-55c to Grade B large 14-30c.
The Federal State Market News Service notes offerings and trading light in U S west north central states as slaughter drops for Thanksgiving. Cancellations of sales occur as producers hold birds for egg production. undertone remains steady to firm with too few prices reported.
Notices announce probate actions for Jessie Vi- Ponse and Benny Wieland estates, public hearings on zoning and property changes, and public notification of hearings in Cedar Rapids and surrounding counties. Executors named include Winifred K. Mitchell and others. deadlines require claims and payments within months. Several notices reference city council hearings in Iowa cities and property descriptions along Highway 218 and Rockford Road.
The public notice announces a hearing by the City of Cedar Rapids regarding property description in Linn James C. Young's Third Addition to Linn Nain Avenue SW. The hearing date is listed with details and invites affected parties to appear.
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