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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 30, 1978

Page

33

New York Stocks Update From United Press International

A snapshot of Selected composite prices as of 10 30 a m shows varied performance across major equities and industrials. The list includes Abbott Laboratories Air Products Alcoa Exxon Mobil ExxonMobil and many others with trading figures reflecting last sale prices and percentage changes for the morning so far.

United Press International P Ethds Banister Cal Comptra Es Cornath Petro Felmont Fronter Fisher Pri Giant Yi Bie Hormel HoustOil Husky Oil Kaiserind McCulich Mitchie Okep RescCott Starrett

Stock Averages Hit Lows Amid Market Turmoil

The Dow Jones index slid to 793.14 with broad declines as Standard & Poor indexes showed mixed results. Speculation swirled about Henry Kissinger possibly taking a key post in the Nixon administration, stirring headlines and market chatter.

Henry Kissinger

Stock prices weaken amid trade woes

New York stock prices edged lower as trade figures and a strong dollar weighed on trading. The Dow Jones fell 0.86 to 789.23 mid afternoon after a loss of 23.73 over the last two sessions, while the NYSE index barely moved at 52.39 and volume trailed previous day totals.

New York UPI New York Stock Exchange

Iowa egg market shows steady undertone in Des Moines reports

The Federal State Market News Service says offerings and trading are light though demand is good and supplies short. Prices at farms are mostly steady with Grade A large 52 to 55 cents, medium 46 to 51 cents, and other forms 32 to 45 cents for large eggs.

U.S. West North Central States Des Moines Federal State Market News Service Undertone

Hog price declines and moderate demand at Des Moines market

Livestock report shows hog trade steady to moderate with demand fair to good. Butchers mostly 50 lower and sows unevenly 50 lower. Prices listed for various weights and grades, receipts around 85,000.

Des Moines UPI

Grain and livestock markets report from Cedar Rapids Sioux City and Chicago

Cedar Rapids prices for soybeans and corn rose 3 and 1 cents respectively for November December and January deliveries. White corn and oats held steady. Pro Farmer Grain provided quotes. Sioux City livestock trade mixed with hogs down 1.00 to 1.50, cattle scarce. Chicago butter and eggs unchanged as USDA reported.

Cedar Rapids Pro Farmer Grain Chicago UPI USDA Shearson Hayden Stone Inc Sovsmnensonen Censervennreee

Dollar firm despite new trade figures

The dollar remained generally firm in world markets after a $2.13 billion U.S. October trade deficit was reported. Gold prices fell as the dollar strengthened against major currencies and Tokyo closed with the yen near 197.78. currency rates shifted with Frankfurt, Paris, London, and Zurich endings noted.

London U.S Tokyo Carter Frankfurt Zurich Paris Rome Amsterdam

Blue Cross Iowa rate hike ranges from 3.3 to 7.63 percent

Blue Cross and Blue Shield of Iowa announced modest health insurance rate increases for 400000 Iowa policyholders. The hikes vary 3.3 to 7.63 percent, with a 43.01 percent jump for a small group of former employer group members. A new single maternity benefit and a recent Iowa Insurance Department ruling influence the changes.

DES Moines Blue Cross Blue Shield of Iowa Iowa Insurance Department

Firestone agrees to trade for tires in recall settlement

Firestone Tire & Rubber Co and the government reach a final accord on recall issues for 10 million Firestone 500 tires. New model 721 radials will be traded even for worn 500s under 2/32 inch tread, with eligibility extending to mounted tires on vehicles. Officials say the deal aims to speed the recall and reduce confusion, with potential civil penalties still tied to the 1976 case. About 400,000 tires have been traded so far. recall cost projected around $230 million.

Washington Firestone Tire & Rubber Co Firestone National Highway Traffic Safety Administration Robert Boaz NHTSA Boaz Joan Claybrook Richard Riley Akron Ohio

Tauke begins Washington orientation for new GOP freshmen

Iowa State Rep. Tom Tauke, freshly elected to Iowa's Second District, joins 76 new House members at a four day GOP orientation at the Dulles Marriott in Virginia. He seeks committee spots on Interstate and Foreign Commerce, Education and Labor, Judiciary, Government Operations, and Small Business.

Washington Iowa Tom Tauke Michael Blouin United States House of Representatives Capitol Hill House Dubuque Tauke Republican Congressional Campaign Committee Dulles Marriott Hotel Virginia the Gazette Interstate and Foreign Commerce Committee Education and Labor

Winners named in charity game at the YWCA

In a Wednesday charity game at the YWCA the north south pair Margaret Blencoe and Virginia Stamy won first place and Ove Jenkins with Mrs James Smittkamp took second. East west winners were Pat Swarzentruber and Royce McCray with Bruce Thiher and Ken Hixon finishing second. The next game is scheduled for 7 30 p m Wednesday at the YWCA.

YWCA Margaret Blencoe Virginia Stamy Ove Jenkins James Smittkamp Pat Swarzentruber Royce McCray Bruce Thiher Ken Hixon

Cedar Rapids hog and sheep market prices drop and steady

The Cedar Rapids hog marketThursday declined 50c on butchers while packers held steady. Butchers 200 to 230 lbs sold 47.00 to 47.75 with various weight-based discounts up to 300 lbs. Pack ers saw 25c discounts by weight breaks. sows 39.00 to 40.00 and over 550 lbs at 37.50 to 38.00. The Cedar Rapids sheep market was steady with lambs at 56.00 to 58.00 and wood lambs 54.00 to 56.00. lambs over 100 lbs discounted.

Omaha (Ap USDA U.S Cedar Rapids

Also Mentioned on This Page

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