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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

Nov 21, 1979

Page

17

New York stocks advance on broad market gains

Selected composite prices as of 10 30 p m show gains across Abbott Lob AirProd and numerous big name firms including CocaCola Citicorp and Exxon as investors react to mixed earnings and shifting sector momentum. The report lists hundreds of tickers with price changes and yields across Amex NASD and other markets.

United Press International White Motor Whittokr E— Va Wickes Williams Winnox Xerox Zayre Core ZenithRad Zurn_ind Amex Boston Cincinnati p-Pacific U- Midwest Philadelphia

Cedar Rapids hog and cattle market report

Iowa market news shows Cedar Rapids hog prices steady with butchers and packers at 200 to 230 pounds around 36.50 to 37.00, sow prices 27 to 28, and weight-based reductions for heavier hogs. Sheep market steady with lambs 58 to 60, wool lambs 56 to 58, buying hours 7 to 10 a.m., offices closed Thanksgiving. U.S. west north central report notes demand moderate to good, plenty of price guidance for Dec flocks, and eggs and grain quotes for Cedar Rapids area futures.

Cedar Rapids U.S. West North Central Des Moines Federal State Market News Service Federal State Market Aes Hayden Stone Inc Ins Fund Archer Daniels Banks Iowa Beatrice Foods Wooereenes Brenton Banks, Inc Conrac Ceill-O Corp FMC Weeee Harnischte Hawkeye Banc Interstate Power Lowe Il Gastown Electric Wye Jonn Deereeeeseves Keuffe & Esser Hes Investors, Inc Mid-America Miracle O's Gold Ozark Quaker Rockwell Syntex Ovenen United Fir United Guaranty Universal Foods Usp Univn Mayseseees Winnebago Er Chicago Shearson Hayden Stone Inc Soopomdet

Grace considers breaking up W R Grace into seven firms

Grace flags a potential seven-way split of W R Grace & Co to unlock value. Traders pushed stock to 41, then back to 35 as Grace notes no firm decision and says it would take years. Analysts cite higher value from separate units, with earnings seen rising to 5.00 this year and possibly 5.50 to 6.50 in 1980.

New York J. Peter Grace W.R. Grace & Co Grace James Ling LTV Ling Wilson Co Wall Street Wilson Gulf and Western Industries G&w Eberstadt & Co Chemical Fund Dewey & Almy Cedar Rapids Davison Co Bruce Heim Eberstadt Herman’s Sporting Goods Channel Home Centers Far West Deltaco el Torito la Fiesta Flick Industrial Group West Germany W.R. Grace Flick

Dollar Slumps as Gold Rises Amid Middle East Turmoil

The U S dollar fell in European trade while gold bullion climbed as violence in the Middle East and Pakistan dominated markets. Midmorning rates showed the dollar weakening against the Swiss franc and French francy, while the British pound rose and the dollar gained against the yen. Gold's Zurich price edged up to 395.50 per troy ounce from 388.

London U.S Europe Middle East Pakistan Zurich Paris Amsterdam Milan Tokyo

Iowa hog market and Missouri cattle quotes report

Iowa hogs trade slow to moderate with demand moderate to good. Butchers up to 38.50 for 200-230 lb. sows 27.50-30.00. Joliet cattle mostly higher. steers 1.50-2.00 up, prime levels around 69.50. Chicago USDA bulk prices show butter and egg price movements with general stability in delivery.

Des Moines UPI Joliet Ill Cottie Chicago USDA

Profits rise 6.2 percent on oil and banks

UPI reporting cites Commerce Department data showing third quarter profits up 6.2 percent led by oil firms and banks. After tax profits climbed to 147.9 billion while before tax profits reached 242.5 billion, with much of the gain from foreign operations and financial institutions amid high interest rates.

Washington UPI Commerce Department Michael Evans Evans Economics Kenneth Petrick U.S Petrick

Tension and stocks fall on Iran crisis and Mecca attack news

Markets slide as Iran tensions flare and violence spreads from the Near East to Pakistan. Dow drops about 9 points to 799.99. NYSE index down 0.34. heavy trading with 22.79 million shares by midafternoon. Reports include Mecca mosque seizure, Marine killed, U S embassy attack in Islamabad, and hostage threats tied to Carter Khomeini tensions.

New York UPI Iran Near East Carter New York Stock Exchange NYSE Wall Street Pakistan U.S Mecca Saudi Arabia United States Islamabad Ayatollah Ruhollah Khomeini Shah Mohammed Reza Pahlavi Persian Gulf Kmart Robert E. Dewar

Also Mentioned on This Page

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