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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 23, 1977
Page
15
National prices for New Yorker Stock Exchange issues show mixed losses and gains across many stocks. Highlights include Ampex, Xerox, Texaco, Textron, and Gulf Oil with various percent changes and price ranges as of the closing note from AP.
U.S. equity markets mixed in mid day trading as the Dow dipped 2.00 to 840.52 while advances edged declines about 2 to 1. The NYSE composite rose to 53.01 and the AMEX market value index reached 121.22 as volume hit 12.18 million shares.
AP wire reports show livestock bids with hogs and cattle moving in midweek markets across Omaha Joliet and Sioux City. Prices note steady to higher bids for hogs 200-250 lb and 350-650 lb sows and variable gains for steers and heifers while sheep appear steady with light consignments.
Cedar Rapids hog prices remained steady with 200 to 230 pound butchers at 39.00 to 39.50, sows at 32.00 to 32.50, and lighter and heavier weight breaks discounted. Sheep markets were steady with lambs at 50.00 to 52.00 for shorn and 48.00 to 50.00 for wool lambs. Soybeans and corn declined slightly while white corn stayed steady. Prices shown reflect deliveries to Cedar Rapids processors at 11:00 a.m. Wednesday.
Iowa hog market shows slow to moderate trade with demand rising to good. No 1-3 200-230 lb butchers at 39.50 to 41.00, larger cuts easing to 35.25 to 38.75. sow price ranges 29.25 to 33.00. receipts 70,000 estimated, 98,000 actual Tuesday, 100,000 week prior, 63,000 year ago. CME futures trading noted in Chicago market report.
Rural Linn deputies reported 150 to 200 bales of hay stolen from Bob West by a thief driving a light green three quarter ton truck. Police in Des Moines and Chicago markets note various livestock and meat price data with holiday notices and local ads following.
A town page lists market quotes furnished by Shearson Hayden Stone and numerous local ads. Items include obituaries, travel deals to Florida theme parks, events at Colorado Depot Convention Hall, and notices about basic training graduation and job changes.
Tuesday competition awarded overall winners Bruce Thiher and Kenneth Hixon. In North-South, Mrs. William Skogman and Phil Arnell won first, Joseph Verbick and Bruce Cuthbertson second. In East-West, Bruce Thiher and Kenneth Hixon first, Mrs. Vernon Hendryx and Mrs. Clarence Mainer second. Next game 5:30 Sunday at the Woman's Club.
Iowa-Illinois Gas and Electric Co plans electric rate increases in Iowa and Illinois to recover fixed charges from its 100 million investment in the Council Bluffs unit. The 650,000 KW project gives the company about 215,000 KW of capacity and prodes for growth through 1985.
Donald Chil cote, 43, of Belle Plaine, was in good condition at St Luke's Hospital Wednesday after a Tuesday night corn picker accident left him with a fractured left arm and cuts and abrasions. IT PAYS TO ADVERTISE.
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