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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Sep 07, 1978

Page

23

New York Stock Market Shows Broad Activity At 10 30 A M

United Press International notes a wide spread of prices across many stocks as of 10 30 a m including Abbott Labs, Air Product, Alcan, Allied Chemical, Amex and Amoco with varied volume and price movements. The report lists dozens of issues with last prices and percent changes, reflecting active trading across multiple exchanges and market sectors.

United Press International Williamsc Winnox Boston Cincinnati p-Pacific U- Midwest Philadelphia Amex Net -E BrasconLt Cal Comptr Carnatn Crown Dome Petro Fronter Felmont Gianty Hormel Husky Oil Kaisin oewsTh McCulich Mitchie RescCott Solitron Devave Starrett Superint Syntex Usfilter

Stocks edge toward 900 as markets rally in heavy trading

The Dow Jones rose toward 900 with a 3.64 point advance to 899.42 at about 1:15 p.m. EDT as gains spread across the NYSE. Analysts cited a stronger dollar abroad, booster news from the Carter administration, and oil and casino hopes fueling a two day rally alongside higher NYSE turnover and broad participation.

New York UPI Dow Jones Dow Treasury W. Michael Blumenthal Carter Administration Federal Reserve G. William Miller Atlantic City New Jersey New York Stock Exchange NYSE

Midwest livestock report shows mixed futures and steady demand

Des Moines notes beef steady to up to 1.00 for choice steers and heifers with varying weights. Pork demand fair with many cuts higher or lower. eggs and butter mixed as farm prices show small gains. Omaha reports hogs mostly steady to down, cattle and calves steady to higher on select lots. Chicago crops prices listed for wheat corn oats and soybeans.

Des Moines UPI

Busch to test a soft drink Chelsea

Anheuser Busch Inc plans test marketing a lemon flavored soft drink named Chelsea. The drink will use all natural ingredients with no chemical preservatives and contain real lemon lime juice real apple spices and other natural flavors. It will be pasteurized caffeine free and have one third less sugar and calories than typical soft drinks. Details of plans were not disclosed.

ST. Louis UPI Anheuser- Busch Inc August Busch III Busch Chelsea Seven-Up Co Seven-Up

U.S. Agencies OK Four Airlines for Europe Routes

The Civil Aeronautics Board grants temporary authority to Capitol International Airways World Airways National Airlines and Northwest Airlines to fly U S city routes to Belgium and the Netherlands starting Sept 12. The move aims to show European markets that competition can work internationally.

Washington Civil Aeronautics Board U.S Belgium Netherlands United States Capitol International Airways Brussels Chicago New York Boston World Airways Amsterdam Baltimore

Mislabeling of Meat Charged in Cedar Rapids Indictment

Dubuque Packing Co of Denison and two employees face a 19 count federal indictment in Cedar Rapids for labeling ungraded beef as USDA choice from October 1977 to January this year. Gary Miller and James Addison face multiple counts with the firm, alleging about 200000 pounds shipped to California New York Florida Georgia and Maine.

Dubuque Packing Co Denison Cedar Rapids Gary Miller Dubuque Packing James Addison Usda Choice Miller Addison California New York Florida Georgia Maine

Sioux City livestock sales steady in active cleanup trade

Sioux City AP reports cattle prices across all classes holding steady in an active cleanup market. Slaughter steers 1050 to 1175 pounds sold 52.75 to 53.00, heifers 50.75, cows 35.00 to 39.50, bulls 45.00 to 50.00. Hogs 5000-head trade mixed with 200 to 260 pounds 49.25 to 49.50, 240 to 280 pounds 48.00 to 49.50, sows 44.00 to 45.00.

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Judge Rules Probation Officer Fired Over Free Speech

U.S. Magistrate Ron Longstaff ruled in Des Moines that Esther Atcherson's 1975 firing by Judge Siebenmann from the Johnson County probation office violated her First Amendment rights. She was reinstated and awarded 9500 dollars back pay. ruling rejects judicial immunity and awaits U.S. District Judge approval. Siebenmann may appeal.

Des Moines Iowa City Johnson County U.S Ronald Longstaff Esther Atcherson John Liebenmann Cedar Rapids Longstaff Atcherson Siebenmann 6Th Judicial District Iowa Daniel Bray Bray Liebenmann Iown Iown Attorney General’s Office

Dollar rises in Europe and Tokyo on Blumenthal move

The dollar strengthened in Europe and Japan amid Blumenthal's pledge of new US aid measures for the currency. Gold prices fell as the dollar gained, with European dealers reporting active trading. Liens show mixed bullion and currency shifts across Frankfurt Zurich Paris London and Tokyo.

London Europe Japan Treasury W. Michael Blumenthal U.S Blumenthal Frankfurt Zurich Paris Milan Amsterdam Tokyo

Also Mentioned on This Page

Abbottl Va Air Prod AlcanAie AlloPw AlliedChm AlliedSt AllisCh Ashiando AtiRchf Atlas. Corp W. O Ae AvcoCpn ShellOi Sierrap Signalc Wsps Ee SpRand Squard Squibb St Brad Wet Studewrth Sun Co Tandy Corp Teldyne Tenneco Texinst TexUtil E— Textron Thiokol Thriftyc Timken Tranec Transam TriCon Trinityind Trwin Twcf Wu U. Ual Inc UnoCal Union Pac UV Indust Variana Standard & Poor’s Index Standard Poor Ie.m Shearson Haydenne Equity Ins Fund Sotee Rein Archer Daniels Somra Evansemene Asepevonen Ros Vromeees Banks Lowa Wwe Beatrice Foods Necgenssee Seerences Conrac Consolidated Foods Cori Neste Realanicene Hawkeye BanCorp Vena Interstate Power Towa Electric Towa Gas John Deere Keuffel & Esser Kidde Comm Life Investors, Inc LTV Semonvese Mapco Maytag Mid-America Miracle O's Gold Ozark Quaker Oots Rockwell Vase Swseae United Fire & Casualty United Ranty Universal Foods Univercoo Winnebago Rascosnsmersines U.S. West North Central States Omaha Livestock Chicago Cash Grain First Mid-America Mercantile Exchange Svvvesee Er Onoesoneneee Yicii Veeinsians Ladd Acne First Mid-America Cirdont Shearson Hayden Stone Inc Erevereree MOY Ovsevsovonen Enenntntne Eerste Mnanioaadtn Sioux City Livestock William C. Stuart Joliet Livestock Elia Kazan Sonny Rollins Gas and Electric Company
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