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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 20, 1979
Page
21
AU NLP composite table from NYT via United Press International shows stock prices for Abbott, Alcoa, DuPont, Exxon, Ford, IBM, GM, Goodyear and others at 3 pm. The report lists multiple firms with price changes and percent moves, reflecting broad market activity across sectors and exchanges.
New York stocks tumbled to a seven month low as investors feared a sharp recession. The Dow Jones fell 15.44 points to 814.68, the NYSE index slid 1.18 to 57.62, and overall volume jumped to 42.43 million shares as the Fed tightened credit following a $2.8 billion rise in money supply.
The Federal State Market News Service reports a mixed undertone across the north to south Des Moines area with steady to higher price ranges. Farm prices show commercial flocks at 82 to 104 cents per lb and eggs per dozen at producers with Grade A large 43 to 47 cents, medium 36 to 40 cents.
Chicago market notes show wheat No 2 hard red winter around 4.28 to the 4.37 range and corn No 2 yellow about 2.78 to 2.68 per bushel with past quotes. Soybeans No 1 yellow near 6.40, oats No 2 heavy 1.44, and earlier Thursday corn at 2.73 with hopper 2.68 x. Butter and egg prices held or rose modestly with Grade A carton delivery prices quoted and retail ranges listed.
Des Moines reports active hog trade with lighter demand and lower prices for butchers and sows, plus receipts tallied. Cedar Rapids grain prices show soybeans down and corn up, with quotes for No 2 corn and yellow soy for Oct, Nov, and Dec crops. Beef and pork meat trade details listed for Friday, including price ranges for steer and heifer beef and various pork cuts. Friday gold and silver prices noted.
Informational meeting for Linn County deputy sheriff job set 7 30 to 9 p m Tuesday Oct 23 at Jane Boyd Community House 14th Ave and 10th St SE. Various ads for lessons brunch theatre trip classes expansion and local events list times locations and contact numbers.
Pension boards will meet Monday at noon in City Hall Council Chambers to act on payment of a bill. Graduates from University of Dubuque include Jan Kinley Mary A. Krahmer and Sharon Kudler all with nursing degrees. Various community events and advertisements follow, including concerts, sales, auctions, and store promotions across Cedar Rapids with dates and contact numbers.
The Cedar Rapids Gazette announces a full week of television listings published in Saturday edition. Readers can find schedules for all channels and program blocks for the coming week.
This week at the Marion Community Center features Madden party at noon today, Klinger basketball and bluegrass performances Sunday, and a mix of high school completion sessions, dance, art, and sport classes from Tuesday through Thursday. A senior citizens activity listing appears in the Growing Order section of Sundays Gazette.
The Marion YMCA starts late fall classes on October 29 with member registration October 22 to 27 and non member registration October 25 to 27. Programs include adult gymnastics, karate for ages 14 plus, noon yoga, women's volleyball, and youth activities in girls grades 2-6, baton, wrestling, and floor hockey. Organiza tion meeting October 31. brochures available on request. information via 377 7361.
Marion seeks mechanics who must furnish hand tools and operators at 195 35th St with knowledge of public works preferred. Also Marion Shop hires experienced operator for shop management with interviews on October 23 at 1181 Grand Avenue. No calls.
A public hearing is scheduled for Nov 15 at 7 30 p m on issuing 1 million in industrial revenue bonds for Marion's Petroleum Equipment and Service Inc to expand its plant. Bernie Cooper, firm president, seeks bonds to secure a better interest rate and 30 new jobs. The city will not assume liability if approved. The B and H Tank division expansion will enlarge manufacturing space.
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