Stock Market Mixed as Leaders Forecast Lifts Prices
New York stocks closed slightly higher as a business leaders forecast supported cautious trading. Dow rose 1.08 to 37.00, S and P industrials up 0.01, NASDAQ edged higher, while Newmont gained over 2 points and Kennecott's sale of Peabody Coal for 1.2 billion influenced investor tone.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Smillton
Standard & Poor
Tin S&p
Newmont
Peabody Coal
Kennecott Copper
Kenne- Coa
IBM
Uval
Orberghumge Iiswes
Boroughs
Lumey
Texas Instruments
Motorola
Host International
Hotel and Food Service Company
Grains Dip as Beans Lead Declines in Market Report
Market summary shows beans down 37 cents over two days while soybean meal drops nearly 50 dollars per ton. Wheat falls about 16 to 61? cents with corn and oats near 20 cent declines. December prices cited. Commentary notes limited buying interest and a small rally above pre-Open closes. unrelated price data for Chicago markets, livestock, and frozen items included.
MENTIONED IN THIS ARTICLE
Chicago
Dressed Eats Beef and Pork Prices Steady in Markets
Market notes from Des Moines and Chicago report beef and pork prices holding with limited demand. Beef nearly steady on steer and heifer quotes, hog futures steady, pork tied to fresh meat trade. regional prices show small gains and mixed movement across cuts and grades.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Basten Buits AB
Niger
Meher
Sentimental stock value clash raises book value doubts
A reader questions the meaning of sentimental attachment to 460 shares bought at 2.75, noting no dividends for three years. The piece explains book value per share, compares market price to asset backing, and weighs selling versus holding. It also covers mortgage payoff, savings options, and a suggested diversified monthly growth stock plan.
MENTIONED IN THIS ARTICLE
Tve
X Company
Community Briefs From Cedar Rapids and Nearby Areas
Local notices list a Sunday 2 pm Cedar Rapids Cat Fanciers meeting at Central Park Presbyterian Church with a dogged mix of event ads. Also weekly ads promote a Czech Village store, a Green Thumb sale, home economics classes, and a Beaver Park bike ride to Whittier and back.
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Central Park Presbyterian Church
Seventeenth Street
Ayonne NE
Hawkeye Bicycle Assn
Beaver Park
Whittine
Waubeek
Retin
Sack Lindh
Chamber OKs Civic Center Start-Up Plan
Cedar Rapids Marion Chamber approves initial funding and staffing steps for the Five Seasons Center project to begin promotional work and prepare for a 1978 summer opening. The commission hopes to hire a manager by next month as donors provide equipment and access to funds for startup costs.
MENTIONED IN THIS ARTICLE
Five Seasons Center
Board of Directory
Cedar Rapids-Marion Area
O'Meara
Allan Petemisky
Five Seasons, Center Commission
Senpala Activi
Per Fener
Fallout cloud makes second trip over United States
EPA reports the second pass of the fallout from a Chinese nuclear explosion caused slight radioactivity in parts of the United States. Milk remains unsafe for consumption only in high contamination areas while overall levels are near normal in many locations.
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Washington
uPl
United States
Protec- Hom
North America
Ute Epa
Los Angeles
Berkeley
Calf
Anchorage
Alaska
Baltimore
Hartford
Conn
Philadelphia
EPA
William Rows
Mao's Widow Plotted Hua Assassination Coup Reported
Tokyo based AP dispatch cites Peking sources claiming Chiang Ching and four radical leaders planned an eight day coup to seize control after Mao's death. Guards were killed during arrests, Hua's home seized, and Mao's will allegedly named Chiang as party chairman. Reports cite Tanjug and Kyodo with disputed details.
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Tokyo
Miso Tse-tung
Peking
Newpaper
Agarhi
Teliible
Notieea
Mae Cu
China
Chiang Ching
Central Mart
People's Liberation
Mao
Patty
Sidrésedr
Bse
Yupisiay
Tanjug
Chen Hal-lion
Peking Garreon
Hua
Tanjig
Hus
Tanjug Su
Japan
Kyodo
Hue
Regents Vote 14.3 Percent Budget Hike
Regents in Ames Iowa approved a 307.6 million operating budget for 1977 78 a 14.4 percent rise The plan calls for 319.5 million for the two year total with state appropriations of 204.3 million first year and 213.5 million second year The current budget is 273.8 million and the funds cover general expenses fuel and utilities with no salary merit pay included for five schools
MENTIONED IN THIS ARTICLE
Ames
Iowa
Rate Board of Regents
Hubert Ray
University of Town
Iowa State University
University of Northern Iowa
Iowa School For the Deaf
Tegents
Pees Targent
Waders
Ray To Host Open House at Terrace Hill
DES MOINES Iowa Gov Robert D Ray and Mrs Ray will host an open house Sunday at their Terrace Hill residence The private wing where the governor s family will live remains off limits The Victorian mansion was last a residence for the Hubbell family who owned it since the 1820s Terrace Hill was bequeathed to the state in 1972 Renovation costs are estimated at 22 million with 506000 state funds 23000 federal funds and private fundraising to cover the balance 125 million still needed The governor s family quarters have been renovated but other areas await completion
MENTIONED IN THIS ARTICLE
Des Moines
Robert D. Ray
Terrace Hill
Grover Hubbell
Hubbell
Terrace Hi
Maurice Baringer
Terrace Hill Foundation
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