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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 05, 1979
Page
21
Selected composite prices from Unitec Press International list numerous stocks with varied moves at 10 30 a m in New York. The table includes companies across industries with prices, last quotes and percent changes reflecting a broad market snapshot.
Nationwide Composite prices for selected stocks as of 11.20 am show varied figures across many companies. The United Press International sale column includes multiple tickers and prices such as Syntex 1.10 and SyscoCe 40.
United Press International provides a stock round up with UPI figures for the Dow Jones Industrial Average and related market changes. The report notes the index level and percentage movements as traders react to market signals.
The Cedar Rapids hog market Friday was steady with butchers and packers to 550 lbs. Price ranges for bulk country and plant delivered hogs 200 to 230 lbs were 34.50 to 35.00. Sows to 550 lbs 29.50 to 30.00. Weight-based discounts apply for heavier hogs and for packers. The Cedar Rapids sheep market Friday remained steady with spring lambs 60.00 to 62.00. lambs over 105 lbs discounted. Buying hours are 7 a.m. to 10 a.m. Monday through Friday.
Livestock buyers in Des Moines report light to moderate hog trade with butcher prices up to 50 cents higher on top weights while sows ease. Estimated receipts 75,000. Cedar Rapids quotes show October to December corn and soybeans moving with soybeans down and corn up, plus steady oats and butter prices for Chicago.
Iowa Electric Light and Power Co announced a new customer communications program to help customers save energy and money. The plan starts with full page ads in The Gazette and six other dailies, totaling about $75,000 in cost and three airings before year end.
The FTC warns that a $3.1 billion mobile home market faces widespread warranty service and setup failures. Manufacturers lacking contracts with dealers shift repair duties, leaving buyers without recourse. Rhine recommends written dealer contracts, fair service pay, pre sale inspections, and clear dispute mechanisms.
New York markets firm after three hours of trading as Dow Jones gains 8.71 to 898.81 while NYSE index climbs to 63.40. Advancers outpace decliners 952 to 396 with 28.22 million shares traded. Major movers include Texaco Mobil Oil Gulf Oil Kellogg Ford Monsanto and Dome Petroleum. Midwest meat and pork markets show mixed moves with declines in some items and steady demand overall.
Gold falls about 60 dollars an ounce from Tuesday's peak with European markets showing a cooling trend. Prices opened in Zurich and London lower amid a mixed dollar and expectations of US policy support.
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