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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 23, 1979

Page

20

Market Quotes and Stock Listings From Across Markets

A dense listing of stocks with prices and changes from United Press International including Abbott, AmSt, TexGos, Exxon, CocaCola, GM, IBM, and many others. The report also notes Nasdaq style composites, with notes on dividends, P E ratios, and occasional commentary. agricultural quotes from AP and USDA include cattle hogs and grain prices. Headlines reflect a broad snapshot of markets, foods, and commodities alongside stock activity in Omaha and Chicago.

Dow Jones and S&P Indices Report Friday Close

The Dow Jones and Standard Poor's indexes end the session mixed with small gains. The Dow closes slightly higher while tech and utilities show modest movement amid small percentage changes.

Cedar Rapids Hog and Sheep Market Prices and Hours

The Cedar Rapids hog market Friday held steady for butchers and packers up to 550 lbs with 200 to 230 lb animals at 36.50 to 37.00 and sow prices 27.00 to 28.00. Weight-based reductions apply past 230 lbs for butchers and packers. Sheep markets remained steady with lambs at 58 to 60 dollars and woolly lambs at 56 to 58. Trading hours are 7 a.m. to 10 a.m. Monday through Friday, with Thanksgiving closure.

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Hens Demand and Egg Prices in Des Moines Market Report

The Federal State Market News Service notes moderate to good demand for live hens in the Des Moines area with adequate to short offerings. Prices show Grade A large 52-53 cents per dozen farm prices, mediums 44-48 cents, small 16-22 cents. undertone steady to firm amid post holiday orders and some growers delaying movement. Beef and pork trades in Midwest markets are mixed with light to moderate demand and varied price shifts across weight classes.

U.S. West North Central States Des Moines Federal UPI Midwest

Hog market report From Des Moines and Sioux City

Livestock notes show moderate hog trade with steady to lower bids for butchers and varied weights. Iowa receipts and yard prices cited, with Cedar Rapids soybeans and corn prices steady, plus Chicago bulk dairy and egg quotes. Sioux City reports 3,500 hogs with price ranges across weight classes and mixed gains.

Auto weight cuts reshape 1985 car design and materials

Detroit reports a shift to downsizing and lighter materials as automakers plan 1985 models with about 2,800 to 2,900 pounds curb weights. Plastics aluminum and composites replace steel, boosting aluminum use from 30 to 200 pounds per car and raising casting demand to potentially 4 billion pounds annually.

Detroit API U.S General Motors Corp E.M Pete” Estes Estes Arthur Andersen & Co Andersen Michigan State University MSU MSA

Dollar Gains and Gold Declines on European Markets

The dollar strengthened against major European currencies while gold slipped. The pound fell to $2.1580, with other rates showing modest moves: Frankfurt 1.7633 marks, Zurich 1.6553 francs, Paris 4.1358 francs, Amsterdam 1.9680 guilders, Milan 823.25 lire. Gold traded at about $392.50 in London and $392.00 in Zurich as markets reacted to Middle East tensions.

London Middle East Europe Frankfurt Zurich Paris Amsterdam Milan Tokyo

Sears Roebuck reports softer Q3 earnings and outlook

Sears Roebuck and Co posts 67c a share for Q3, down 9.9 percent from last year, with $212.12 million net on $4.53 billion in sales. Nine month profit $555.75 million or $1.74 a share on $12.41 billion sales. Chairman Telling cites higher interest costs and inventory adjustments.

Chicago UPI Sears, Roebuck and Co Edward R. Telling Dewar Kmart

Stock market rally defies unrest with defense stock gains

Post Thanksgiving rally persists on Wall Street as the Dow rises 4.44 points to 811.85 and the NYSE index advances to 59.55. Defense names lead gains with General Dynamics and Northrop up amid steady volume. Amex activity mixed and IBM among top movers.

New York UPI Wall Street New York Stock Exchange Newton Zinder E.F. Hutton American Stock Exchange General Dynamics Northrop McDonnell Douglas Litton Industries Loral Corp MacMillan American Broadcasting Co IBM Occidental Petroleum Amex McCulloch Instrument Systems

Allied debenture offer from Allied Products Corp

Allied Products Corp offers to purchase 2.6 million principal amount of its seven percent senior subordinated debentures at 83 plus accrued interest. The offer expires January 4 and will buy in full from holders under 2000 dollars, pro rata from larger holders. The Cedar Rapids Bush Hog Krause plant owner aims to reduce debenture holders and servicing costs.

Chicago — Allied Products Corp Bush Hog/Krause Cedar Rapids

Texaco reports largest gas find in Atlantic Canyon area

Texaco announced the largest natural gas discovery in the Baltimore Canyon 100 miles off Atlantic City since 1977. A confirmation well produced 18.9 million cu ft per day at 12,700 feet, with earlier levels at 5.5 and 14.2 million. The Ocean Victory will move to another site to extend the field.

Atlantic City N.J UPI Texaco Baltimore Canyon Ocean Victory U.S. Geological Survey Murphy Oil Co. of Arkansas Getty Oil Co Sun Oil Co Allied Chemical Corp Transco Exploration Co Freeport Oil Co Tenneco Oil Exploration and Production Co Aminoil USA

Also Mentioned on This Page

United Press International Abbott Aeriol AmTelTel Atlos Corp AvcoCp Ucyrus AdobeOi Fermato Ford Srcken Omaha Livestock Omaha Neb USDA A.m Ian Netcho Standard & Poor’s Index C.R. Markets Rom den Stone Inc Eavity Ins. Fund Banks Lowa Beatrice Foods Osiaseene BM Brenton Banks Mia Seeeseersvennee Senenieablenee Hawkeye Banc Interstate Towa Electric Towa Il. Gas Tite Investors, Inc Sanaeeeee Mid Mid-America 5.88-6.43 31/4-41/4 O's Gold no trades Rom United Guaranty Lowa Farm Cedar Rapids Grain Pro Farmer Grain Techone Sioux City Livestock Sioux City First Mid-America Chicago Mercantile Exchange Oene Aves Shearson Hayden Stone Inc Enceecovsnesee Sesseneeeevaneneneneeens Wormnasoearcesussini Bert Elliot Owens-Corning Fiberglas Corp Impact On Fannings Sears Roebuck Robert E. Dewar Bernard Fauber Fauber Allied Atlantic Coven Gardens 1St Avenue S.E
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