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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 14, 1978
Page
17
Nationwide composite prices for selected stocks as of 3 p m (New York Times) from United Press International show mixed moves with Adobe, Exxon, General Electric and Dow components among notable names. figures include last sale prices, percentage changes, and price-earnings data across multiple markets and sectors.
UPI reports a quiet Friday in New York with the Dow up 0.35 to 897.09 while most indicators dipped. The quarter-point prime rate rise to 10 percent spread through banks and trading volume on the NYSE fell to 21.92 million shares as indices slipped.
Larry Appleby, 29, of 1212 Vernon Hill Blvd SE, was charged with intoxication and two counts of damage to vehicles plus one count of failure to yield after a three vehicle crash at Mount Vernon Road and 19th Street SE. He allegedly fled the scene and was arrested after witnesses followed him.
Cedar Rapids market reports soybean gains of 3 cents for October and November and 7 cents for December, while yellow corn and oats show mixed moves. No.2 corn October at 2.00, November 1.94, December 2.095. white corn October 2.56, November 2.56, December 2.56. soybeans October 6.585, November 6.585, December 6.73. oats 1.43 for old and new crop.
The Cedar Rapids NAACP voted to urge a thorough study of Cargill’s rezoning request near the Jane Boyd Community House at 14th Avenue and 10th Street SE. Cargill seeks to change nearby land from residential to industrial for a parking lot at 1710 16th St SE, prompting fears of further industrialization of a residential area. An informational meeting is set for Monday at Jane Boyd Community House.
A Cedar Rapids man, 78, was found at his home with gunshot wounds to the left forearm and chest. He told police he shot himself and wished to die, and was listed in fair condition at St. Luke's Hospital. A holster and a .38 caliber pistol were recovered. The incident occurred at 220 19th St. NE. Des Moines market news then follows with separate items on egg and poultry prices from the Federal State Market News Service.
The Linn County Mental Health Association earned a statewide award for extensive public education programs at a Burlington meeting. By August the Cedar Rapids chapter offered 31 regular programs and one special program, with Ben Dukes and LaVonne Huebner accepting on behalf of the Cedar Rapids group.
State cost share funds totaling 36000 dollars are available to Linn County farmers, covering up to fifty percent of erosion control projects including terraces, dams, sediment basins, and waterways. District officials note fall construction favors earth-moving work as soils mellow.
Across Iowa soil conservationists help farmers control erosion with terraces and conservation tillage. Walter says slopes in Linn County can see erosion reduced to near zero. Interested landowners should contact the Linn County soil conservation office at 990 50th Street, Marion, or call 377-5960.
Trade light with very strong demand as butchers rise 50 to 1.00, sows up 50. No 1 2 hogs 200 230 pounds mostly 51.50 to 53.25 for 230 250 pounds and 50.75 to 52.50 for 250 270 pounds. Heavier 270 to 300 pounds 47.75 to 50.75, sows 44.50 to 46.50.
New York market bulletin shows hourly indexes from Standard Poor's for Friday with totals around 249.56 early and 249.95 later, closing near 2498 with minor declines. Data reflects intraday changes across key times and indexes, detailing percent shifts and numeric readings.
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