Stocks fall to new lows for the year
The market sank to fresh yearly lows as interest rate worries weighed on sentiment. The noon Dow stood at 808.21, down 6.59, with decliners leading gainers 3 to 2 on the NYSE while Citibank hiked its prime rate to 7 percent for the sixth time this year. The NYSE composite slid to 50.57, AMEX rose to 113.88, and volume reached 8.82 million by noon.
MENTIONED IN THIS ARTICLE
New York
Citibank
NYSE
American Stock Exchange
Livestock Friday Market Report from Joliet
UPI dispatch from Joliet notes cattle sales too light to set a market. Hogs 800 head slow, barrows and gilts 25 to 50 lower with No 1 2 200 to 235 lb at 42.75. No 1 3 200 to 250 lb at 42.25 to 42.75. Next Monday cattle 4,500 hogs 1,500 expected.
MENTIONED IN THIS ARTICLE
Joliet, I
UPI
Omaha
Neb
USDA
U.S
Cedar Rapids hog and grain market Rundown across livestock and crops
Friday bids showed steady hogs in Cedar Rapids with Wilson Foods shutting for Veterans Day. prices ranged 40.00 to 47.00 for various weights and grades. Soybeans rose while corn held steady. No. 2 corn Nov., 1.735. soybeans Nov., 4.82. Livestock quotes from AP and Pro Farmer include hogs 41.00-41.50 for 200-250 Ib and cows 18.00-24.00, with carryover yield adjustments noted.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Wilson Foods
Conner
Mississippi River
Davenport
Pro Farmer Grain
Des Moines
Federal State Market News
Power outage hits northeast C R caused by cable cut
A contractor cut an underground primary cable on Winwood Drive NE causing a power outage in northeast Cedar Rapids. About 40 to 50 customers were affected around 11:30 a.m. Power was restored for all but the contractor by 1 p.m. with repairs continuing.
MENTIONED IN THIS ARTICLE
Winwood Drive
Iowa Electric
Two charged with drunken driving in separate incidents
Donald Sobolik aged 38 of 511 10th St SW and Sidney School aged 28 of 3056 Circle Dr NE were charged with drunken driving. Sobolik arrested on C Street SW at 11 26 p m Thursday and School on First Avenue NE at 1 a m today, with School also charged for a traffic signal violation.
MENTIONED IN THIS ARTICLE
Donald Sobolik
10Th St
Sidney School
Circle Drive
Sobolik
C Street
First Avenue
Handler's sale of franchise after 43 years in Cedar Rapids
After 43 years distributing Chrysler vehicles and parts in Eastern Iowa Handler's sells its franchise and leases the auto facility to Chrysler Corp. Operations will continue at the same location while new and used vehicles are sold. The Allcar Mopar parts store stays open at 7th St and 2nd Ave SE. Also notes on events and ads a town house convention hall Wednesdays, tulip bulbs, bark, nursery stock, water beds, Hanford Post 5 pig roast October 22, and Travelers meeting at Holiday Inn with Verle Leege speaking.
MENTIONED IN THIS ARTICLE
Handler’s
Chrysler
Iowa
Handler's
Chrysler Corp
2Nd Ave
8Th St
Handler
Allcar Parts
Allcar
7Th St
Adv
Travelers
Verle Leege
Kirkwood Community College
Travelers Protective Association
Holiday Inn
Square D reports record third quarter earnings and sales
Square D Co reports a third quarter ending Sept 30 with net earnings of 16.1 million or 68 cents per share and net sales of 162.9 million. For the first nine months of 1977 net earnings were 44.6 million or 1.87 per share and net sales 457.6 million, up from 1976 levels.
MENTIONED IN THIS ARTICLE
Park Ridge
Ill
Square D Co
Cedar Rapids
Rapids Club Howell movement winners at Kenwood Park
The Thursday game at Kenwood Park Presbyterian Church crowned Ivah Water and Phil Arnell first, Lou Harrington and Clyde Nowlin second, and Marion Engel and Lorraine Go lembiewski third. Next game is Thursday at 12:30 at the church. Edison quote noted.
Also Mentioned on This Page
Ciresin
Wim
Wwe Qwre
Va Reynin
Twa Esthhic
Ore McDin
Fearon
BunkRo GO
Bee
Techner
Ilan Low
Cho
BuriNo
Eaton
RoMe Dbi
Texaco
Geek Gass
Intik
Anco
Alcoo
Royyllo
Cococol
Rein
Simoe
NorfWn
Armsick
Umm Almich
Lau Lam
Uae
Ye Wachov
Ie Diez Loews
Ie Diez Loews 133 2 Te If Lime Ie Okiong
Vt BankAm
Olin
WenCom
LaPacit
Benice
Ats
le Waiss
Penney Tae
Stollel
Williams
Pecan
Dennys
Hollibrt
Marato
Penney
Hercules
Pepsico
South
Penor
Greer el
Interstate Power
Iowo Electric
Lowa Its. Gas
John Deere
Kidde Comm
Keuffel & Esser
Life Investors, Inc
Ltv
Mapco
Maytag
McCord Corp
Mid-America
Mid-Continent
Ind
Ozark
Rockwell
United Fire & Casualty
United Guaranty Univar
London
Joliet
Chicago
Shearson Hayden Stone Inc
C.R. Markets
East
Omaha Livestock
Sioux City Livestock
Sioux City
C.R
Webster City Livestock
Webster City
U.S. West North Central
Federal State Market
Lowa Farm
Townhouse
Hiawatha Garden Center
Open Environments Ltd
Center Point Rd
Hanford Post
Square D
Peck’s
Green Thumb Nursery
Baumhoefener’s Nursery
Johnson Ave
Florida
Ocean and Canal
Pompano Beach
Temple Judah
Lindsay Lane SE
Robert Ourach
Middle East
Kk Lord’s
Corr
Mt. Vernon
Moose
24Th Street NW
Mount Calvant
Kkk
Penney’s Lobby
Airforce Mothers
St. Wenceslaus Gym
St. St. SE
Marvel Comics
Exchange
Edgewood and Johnson
T Rapids Club
Ceda
Thomas Alva Edison
Warp Bros
Yeers
Sane
Ling Supply
Marion
Four Seasons
Rubias Hardware
Ogden & Adams Lbr
Sandrol
OK Hdwe
Cavey's Sundries
Clarence Hdwe
Clarence Farmstead Bldrs. Inc
Monticello
North Liberty
Oxford
Palo
Walford Lumber
Walford
Johnson
Keystone
J. Howard Reed
Delhi
Shellsburg
Solon
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