New York Stocks Hit Broad Market Move in Early Trade
Selected composite prices as of 10:30 a.m. show widespread activity across AbbottsL, AirProd, AmCan, Boeing, CocaCola, Exxon, Ford, GE, IBM, Pennzoil and dozens of other major names. Markets reflect broad participation with many issues posting gains and losses amid shifting investor sentiment.
MENTIONED IN THIS ARTICLE
United Press International Abbottsl
Aetnolf
AirProd
AlcanAl
AllgLud
Allow
AiliedChm
AllisCh
Alcoa
Amerada Ig
Am Motors
AmNaoRes
Ametek
Ampex Co
Amstor
Armcol
ArmsCork
Asarco
AshlandOl
AvcoCen
Bakom
Burlind
Cessna
Chaompi
Chrysier
CIT Fin
Ae Eiticore
Cityinvest
ClevEic
CloroxCo
Coast SG
CocaCol
CocoGoti
Colgatep
Dartind
Delta Air
Dennisn
DetEdis
DiaShm
Diebold
Eastern Air
EostmKo
Esmark
Exxon
E Faberge
FairCom
Ferroc
Firstine
Fleming
FoodFar
Freptm
Gillette
Goodrich
Ve Goodyr
Ma Gracew
Gta&p
Gionk
Bs Grumn
Gulf Oi
Gulf Stu
HrrisCo
HeclaMn
Heinzh
Hercules
Hershf
Hewlftp
Homstak
Howards
Idahop
Va IdeaiBo
Pwr
Imperiic
INA
Inco Ltd
Inexco
Ang Rand
InindSti
Int Harvy
Venti Fener Ae
Inti T&t
Itek Corprin Ie
Jantzen
JeffPilr
JonnMyv
John Jn
JonLog
Jostens
KaisrAl
Ie Kcsthn
Kencott
Kemcg
Kidden
Mort
Kopprs
Kroftin
Kroger
LeorSies
LTV Corp
Lucky S
LukenStr
Lykes Corp
Macmill
Merck
Merriily
Mohasco
Mongrm
Monsan
M Knudson
Motorola
MiSiTel
Mronco
Nabisco
NatAirin
NdlGvye
NatStee
Natoma
NCR Corp
NewPower
A i Nengel
NiagMo
Nlindu
Norfkw
NortonSi
Ogdenc
Ty Va
Okkinig
OlinCorp
Omarkin
Ir Rekl
Pan Am Air
Panhn
Penn Centr
Penney
PennPt
Pennzoil
PepsiCo
Phelps
Philoe
PhilMo
Philipsin
PhilPet
PitnevBw
Polcroid
Pse&g
Reyind
Rockwil
la Rohr Indust
Rey'Cr
Reviid
Onan, Gwe SatwStr
StuMari
Ws StRegis
Va— Sander Asso
Ve SanFet
Scherna
A— Es Schimb
Scmce
ScottPap
Seosrom
Sears
E ShellOil
Sierrap
E Signolc
Ae BO
SonyCo
Socied
SouthCo
Sonres
SoPocif
So Rail
SwstBc
Sowsps
SpRand
Squard
Squibb
St Brnd
Stdocal
Cadiat
StOlind
StdOuiOh
SteriOrg
Stewen
StudeWrth
Sun Co
Tandy Corp
Teidyne
Tenneco
Texaco
Texeco
Texquit
Texinst
TexUtil
Textron
Thioko
Thriftyc
Timken
Tronec
Transom
TranUn
Transw Air
TriCon
Trinityind
Trwin
Twcf
Os — Val Inc
UnElec
Unoca
UnionPac
Uniroyal
US Indus
Ussteel
Utd Techn
UnitTel
Upjohn
UV Indust
Vendo Co Vartiec
Amex
United Press
Lntesnational Les Net
Adoberi
Carnatn
Dome Petro
New York Market Indexes Report From Friday Trading
Standard & Poor's hourly indexes for Friday show mixed results with utilities and industrial sectors fluctuating. Prev close values listed as 114.38 for the first index and 15.37 for utilities, with notable shifts in others including 52.42 and 12.49 in corresponding categories.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
Industris
Dollar shows mixed moves against major currencies in Europe
The U.S. dollar rose versus the pound and yen while slipping against other European currencies. It ended near 191.25 yen, with dollar/yen and pound rates reflecting importer buying. gold traded around $208 an ounce on London and Zurich bullion markets.
MENTIONED IN THIS ARTICLE
London
U.S
Europe
Frankfurt
Zurich
Paris
Milan
Iowa interest livestock and egg market report notes light trading
In Des Moines the Federal State Market News Service notes very light trading, with light egg offerings and steady undertone. Prices for Grade A large eggs range 46 to 49 cents, medium 34 to 37 cents, other grades 18 to 38 cents. Livestock quotations show slower hog and cattle activity with mixed or fewer sales expected ahead of Tuesday receipts.
MENTIONED IN THIS ARTICLE
U.S. West North Central States
Des Moines
Federal State Market News Service
Federal State Market News
OMSHA
USDA
Deetiaien
Cedar Rapids Hog Market Prices Steady at Close
The Cedar Rapids hog market remained steady on Friday with prices for country and plant delivered butchers 200 to 230 pounds at 48.00 to 48.50 dollars. Packing sows around 300 pounds brought 41.50 to 42.00, with price drops for heavier weights and lighter packs as weight bands increase.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar Rapids Cattle Market Steady with Lamb Price Ranges
The Cedar Rapids sheep market stayed steady on Friday with shorn lambs priced at 58.00 to 68.00 and woolf lambs at 55.00 to 58.00. Lambs over 119 pounds face discounts as USDA bulk selling prices are reported. Butter and egg prices to Chicago delivery show little change with butter at 117.50 to 118.25 for 93 score and 117.00 to 117.50 for 92 score, while egg prices to retailers hold firm for various carton sizes.
MENTIONED IN THIS ARTICLE
Cedar Rapids
USDA
Chicago
Three Accused of Drunk Driving in Linn County
Three persons were arrested on drunk driving charges in Linn County Thursday night and today. Joseph A. Frazier Jr. age 25 of 66 Oklahoma Ave SW was arrested at 1 a.m. on Bowling Street SW and charged also with speeding. Daniel J. Martinek aged 32 of 1301 28th St SE was arrested at 2 08 a.m. near the intersection of 16th Avenue and Ninth Street SW. Carolyn S. Snyder aged 35 of Olin was arrested at 10 05 p.m. at the intersection of Second Avenue and Third Street SW.
MENTIONED IN THIS ARTICLE
Linn County
Joseph A. Frazier Jr
Oklahoma Ave
Bowling Street
Frazier
Daniel J. Martinek
28Th St
16Th Avenue
Ninth Street
Carolyn S. Snyder
Olin
Second Avenue
Third Street
Markets at a Glance
United Press International reports a markets at a glance update with stocks and bonds higher in moderate trading. American stocks rise while cotton futures slide and gold futures gain as Chicago grain futures trend mostly higher. Cattle sales are too light to form a market trend.
MENTIONED IN THIS ARTICLE
Chicago
United Press International
Ray orders open meetings upheld after Iowa Supreme Court ruling
Gov. Robert D. Ray will instruct state department heads to continue following Iowa's open meetings spirit after the state Supreme Court struck down criminal penalties in the law. He said he will issue a memorandum and expects no wave of closed sessions, warning stronger action if necessary to enforce openness.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Robert D. Ray
Iowa
State Supreme Court
Ray
Iowa State University Athletic Council
Supreme Court
Maritime law specialist Ferguson dies at 75 in Virginia
William McLeod Ferguson a nationally recognized maritime law expert and former Virginia General Assembly member from 1941 to 1946 died Tuesday in Newport News. The report recalls a Tehran earthquake ten years earlier that buried thousands.
MENTIONED IN THIS ARTICLE
Newport News
William McLeod Ferguson
Virginia General Assembly
Panel urges Firestone tire recall
A House Commerce subcommittee urges an immediate recall of all 13 million Firestone 500 Steel-Belted Radial tires citing risk of death and injury. It cites 34 deaths, hundreds of injuries, and thousands of accidents linked to the tires and says government action may be required if Firestone refuses.
MENTIONED IN THIS ARTICLE
Washington
House Commerce Subcommittee On Oversight and Investigations
Firestone
Akron
Ohio
National Highway Traffic Safety Administration
Joan Claybrook
John Moss
D-Calif
West Coast Airlines Merge Creates Mid-Sized Carrier
Two small West Coast carriers Western Airlines and Continental Airlines announce a planned merger to form an unnamed airline that would rank seventh in the nation. The deal requires Civil Aeronautics Board approval and stockholder consent, and executives say the merged airline will be a solid but not oversized competitor.
MENTIONED IN THIS ARTICLE
Los Angeles
Western Airlines
Continental Airlines
Civil Aeronautics Board
Continental
Jack Gregory
United Airlines
Cedar Rapids Grain Prices Dip for Soybeans and Corn
On Friday morning at Cedar Rapids processors the No. 2 corn August crop priced at 2.02 dollars, new crop 1.855. white corn old 2.53, new 2.55. yellow soybeans August 6.43, new 6.09. oats old and new 1.28. Soybeans and corn edged lower than Thursday while white corn and oats held steady. Pro Farmer Grain provided quotes.
MENTIONED IN THIS ARTICLE
Ceder Rapids
Cedar Rapids
Pro Farmer Grain
Chicago
Toledo council accepts bids for roof and fascia repairs
Toledo City Council last week approved bids for repairs to the General Telephone Building including brick work by Albert Kremenak Masonry of Toledo for 1623 dollars and roofing by Banzhaf Roofing of Marshalltown for 1120 dollars.
MENTIONED IN THIS ARTICLE
Toledo
General Telephone
Albert Kremenak
Banzhaf
Marshalltown
Ernest Mayo
Mayo
Ferris Plumbing and Heating
Jordan
Hershal Weidner
Council Public Safety Committee
Fire Department
Iowa joins suit seeking lower first class postage rates
Eleven states led by Maine and Massachusetts sue the U S Postal Service in a D C court to suspend a May 19 1978 rate hike from 13 to 15 cents claiming first class rates are unreasonably discriminatory and illegally subsidize other services. The states demand a court order to reset lawful rates and set Oct 2 for replies with oral arguments in November.
MENTIONED IN THIS ARTICLE
Iowa
U.S. Postal Service
Donald G. Alexander
Maine
Massachusetts
US Postal Service
Board of Governors
U.S. Court of Appeal
District of Columbia
Connecticut
Rhode Island
Arkansas
Florida
Illinois
Indiana
Utah
Washington
Court of Appeals
Postal Service
Postal Service Board of Governors
Congress
Alexander
Low participation in Iowa tax checkoff for contributions
Iowa campaign finance data show only 18 percent of taxpayers used the income tax checkoff this year, down from 19 percent last year. The system allows contributing one dollar to either the Republican or Democratic Party.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Iowa Campaign Finance Disclosure Commission
Also Mentioned on This Page
Va WhitCo
White Motor
Whittkr
Wickes
Williams C
WinnDx
Woolwh
Xerox Cp
Zale Corpn
Sy United Piress International
Netcis Pet
Standard & Poor's Index
Lowa Farm
Omaha Livestock
Senctear
Shearson Hayden Stone Inc
Equity
Ins
Rein Dass Archer Donne Bondageons Banks of
Beatrice Foods
Conroc
Mya Consolidated
Ee Aero Core
Narninchicabe
Kiade
Eultel & Esser Ee de Investors, Inc
Eesacrene VY AG Marco
Moyta Eereenes
Silv
C.R. Markets
Wilson Foods
Eevee
Sevesenansinen
First Mid-America
Chicago Mercantile Exchange
United Press International Company
Empire Gas
Kampgrounds Am
Heist (Ch) Corp
Wpc
Maine Ct RR
AL Ametek Inc Q
Armin Core
Brascan Ltd
Ford Auto
Heist (Ch) Corp S
Heubiein Inc
Ideal Toy
Peoples Gas Q
Pratt & Lambert
Union Pacific
Wallace Murray
Maritime Law Specialist
Cies
Tehran
Iran
Firestone Tire
West Coast Airlines
East
Leo Kendall
Dean Luxford
Robert Walton
National Association of Fire Chiefs
Chicago Cash Grain
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