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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 01, 1979
Page
14
Abbott Labs Aetna and Allied Chemical among active names as UPI reports late afternoon prices. Dow Jones Industrial Average sits near 886.95 with gains and losses scattered across major groups including Amex and Dow components.
Stocks edged higher ahead of the Labor Day weekend with gains led by energy and special situation shares. Dow Jones rose 3.93 to 887.63 as advancers outnumbered decliners about 8 to 5 on the NYSE.
Cedar Rapids hog market held steady for butchers and packers from 200 to 550 pounds with shifts by weight. sow prices 28.50 to 29.50. declining values for heavier butchers and packers. Sheep market steady with Spring lambs 60 to 62. soybeans and corn rose modestly on Sept and new crop futures. grain quotes to Cedar Rapids processors. Futures trading showed hogs around 40 dollars per hundredweight and cattle limited by market testing.
Describes farm egg prices and range by grade in Des Moines area with steady undertone but light demand. Reports on hog and cattle trades in Sioux City Joliet Webster City and Chicago with price direction mostly lower for hogs, mixed for sows and steady for some weights. Wheat corn oats and soybeans prices given from Chicago markets.
Iowa hog market figures show moderate demand and several buyers out due to the holiday. Butchers largely steady with sow prices firm. prices vary by weight from 34.00 to 40.50 per cwt. Estimated receipts and weekly totals provided, with year ago comparisons.
Numerous local ads list sales and events including Labor Day specials at Peck's Green Thumb and Siegel's. Notable items include a Klinger Paint discount, a Grand Ole Opry trip, a Door County fall visit, crafts festival, and multiple charters. Local services relocate and offer new contact numbers.
The Rev. Richard Reder, 46, a Brooklyn priest, says he blames himself for ditching his wood-and-foam craft off the New Jersey coast while bound for Georgia. He was rescued from the 14-foot single engine plane valued at $2,500 after it floated.
On this date in 1974 Labor Secretary Peter Brennan unveiled a program to offset rising unemployment by gradually increasing public jobs funding for municipalities.
City transit notes a dial service for Cedar Rapids senior citizens and handicapped riders. Contact number 363-8244 for information and scheduling updates.
This week's activities at Marion Community Center include McLeod basketball on Sunday at 9 a.m. Labor Day closure on Monday. Tuesday features High School completion 8 a.m. to 4 p.m. and 6 p.m. to 9 p.m. baton lessons at 4 p.m. Rapid Squares at 7 p.m. Wednesday offers more High School completion 8 a.m. to 4 p.m. and 6 p.m. to 9 p.m. McLeod basketball at 7 p.m. East Central Iowa Square Dance Federation meets at 7 p.m. Sunday also lists Senior Citizens pot luck at 10 a.m. and Al square dance lessons at 8 p.m. A complete Senior Citizens activities listing appears on page 80 of Sunday's Growing Order Gazette.
The Linn-Mar High School jazz band was chosen to perform at a Democratic rally featuring First Lady Rosalynn Carter and Senator John Culver. The event is Saturday September 8 at Veterans Memorial Coliseum Armory, with a 5 to 6:30 p.m. set.
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