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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 10, 1979

Page

21

New York Stocks Composite Prices in Early Trade

United Press International reports Selected composite prices as of 10 30 a m showing Abbott Lab Aetna Life Amoco Aetna California many firms with varying last prices and percent changes across diverse sectors. list includes Am Motors Am Stands and ExxonMobil among others reflecting broad market activity in eight markets.

United Press International

Amex Stocks Nationwide Composite Prices As Of 11 20 Am

United Press International reports Amex stocks with nationwide composite prices for selected listings as of 11 20 am. The roundup includes Adobe Oil Petrot CircleK Crown Cotton and other companies with varying last prices changes and percent moves across the trading session.

United Press International

Standard & Poor's Index Data Snapshot

Standard & Poor's hourly index figures for Monday show various sector values and closing references. Dow Jones average stands at 874.91 with separate readings for industrials, transports, and utilities, while rail and equipment indices display modest changes. netwig and pet.dig show small movements, indicating mixed market activity.

Cedar Rapids Hog and Sheep Market Report

The Cedar Rapids hog market Monday opened 50c lower for butchers and steady for packers to 550 lbs. Prices for butchers 200-230 lbs. ranged 37.50 to 38.00. Sows up to 550 lbs. sold 28.00 to 29.50. Weight breaks reduced prices further up to 300 lbs. Packers priced 25c lower per 10 lb band up to 500 lbs with further cuts above 500. Sheep market held steady with Spring lambs 62.00 to 64.00. lambs over 105 lbs discounted. Buying hours 7 to 10 a.m. Mon-Fri.

Cedar Rapids

Live hens and pork prices slip in Des Moines market report

The Market News Service notes irregular demand and tighter supplies in the southern portion of the region with spotty offerings. Graded demand remains fair, dealers' inventories down 7 percent, with Grade A large eggs around 49 to 50 cents per dozen at farms. Pork trade shows light to fair demand with various cuts pricing from 40 to 104 dollars per hundredweight depending on cut and weight.

U.S. West North Central States Des Moines Federal State Market News Service

Directors Re-elected at Federal Land Bank Meeting

Manchester James J. Ward and Charles R. McCullough were re-elected directors of the Federal Land Bank Association at its annual meeting in Worthington. President David R. Dudley reported total loans outstanding at 80 million dollars as of June 30 and 23.5 million dollars loaned to farmers in Buchanan, Delaware and Dubuque counties during the year.

Manchester James J. Ward Masonville Charles R. McCullough Bernard Federal Land Bank Association Worthington David R. Dudley Buchanan Delaware Dubuque

Hog prices and demand ease in Des Moines livestock report

UPI reports moderate hog trade and demand in Des Moines. Butchers are 50 cents to $1 lower with sows steady. No 1-2 200-230 lb butchers quoted 37.50 to 38.50 with some 38.75 to 39.25 on limited lots. larger 230-270 lb ranges 36.00 to 37.75 and 270-300 lb at 33.50 to 37.00. No 1-3 300-600 lb sows 29.00 to 30.50, a few at 31.00. Estimated receipts 100,000. actual Fri 103,000. Sat 10,000. week ago 19,000. year ago 97,000.

CBS CloroxCo CocaCol Colgate Col Gas ComSat Conoco Deere DeltaAr Dennison Diebold Ee Disney DomeMn Dow Ch DowJns Dravo Dresser Va Dd P DuPont Duanel EastKo Eaton Exxon Cp Veel Vay Faberge GnElec Gerber Gettyvol Gillette Ve Gull&Ws Hollibtn Horrahs HomsCp Hecla Ming Heinz HJ Hercuis Hersh F Heublin Hewitt P Ing Ibmcp intHorg Intit&t e+ tek Corp Jonsn&Jsn onLogn Jostensinc KaisrAl KansNb Va Kennet Kennett Kemcg LearSio Lehm LigoGrp LillvEli LTV Corp LukenSt Macmill Macy Mad Ib Moarshf Martin Mr MerrilLy Nabisco NatAirin Notom NiogMo Pasa Penney Penn Pennp Pennael PepsiCo PhelpsOge Pfizer PhilaEt Phil Mo Philips PhilPet Pitney Polaroid Vis Ppgiind ProctGl Pus Col Pse&g Pulima Purexc Purlatr Quakro Ralston Rapida Rathon Rcacp Repu Steel Revion Rockwil Rohm Rohr Hss Inds RoperCo RegiCr Reyid SafwSt S R StuMari StRegis SanFin Schern Schimb Scmcp ScottPap Seagrin Sears Shaklee ShellOilCe Sierrap SingerCo Smithkl SonyCo Scorel SoCi Ed SouthCo Des Moines UPI Midwest Clear Channel Boston

Cedar Rapids Grain Prices Fall for Soybeans and Corn

On Monday morning at 10 00 Cedar Rapids processors saw September soybeans drop 4 cents to 675 per bushel and new crop to 657. September yellow corn fell 3 cents to 246 with new crop at 233. White corn held at 272 and new crop 294 while oats stayed steady. Prices quoted by Pro Farmer Grain Cedar Rapids.

Cedar Rapids Pro Farmer Grain Chicago Shearson Hayden Stone Inc Woos Scseserree Roomiennone TD

Gold market runs like a casino for global traders

At 2 a.m. in Hong Kong, about 200 people watch a telex as Shearson Hayden Stone trades gold and silver for clients worldwide. Prices surged past 340 and 11.80, drawing institutional and private buyers, with foreign banks dominating recent auctions and central banks playing a minor role.

New York Hong Kong Shearson Hayden Stone Pension Fund Banks Man Persian Gulf Treasury Dresdner Bank Swiss Bank Corp Credit Suisse Lisle Widman International Monetary Affairs Treasury Department

Mortimore Leads Eastern Iowa Purchasing Group Officers

Steve Mortimore heads a slate of officers elected to take office this month for the Eastern Iowa Purchasing Management Association. New directors include Don Wink with chairmen covering program, membership, public relations, and professional development. The 100-member group meets monthly at Indian Creek Country Club and is a chapter of the National Association of Purchasing Management.

Steve Mortimore Eastern Iowa Purchasing Management Association Ron Davis Bill Meyers Ruth Petersen Mike Linnan R.G. Lottman Jim Bulechek Jack Scanlan Don Wink Jack Cahalan Don Bryant Eloise Weiss Mark Pomeroy

ARA Services to Acquire Smith's Transfer Inc

ARA Services Inc of Philadelphia plans to acquire Smith's Transfer Corp in a merger. The boards have approved in principle, subject to a definitive agreement, regulatory approvals, and stockholder consent. ARA may buy up to 250000 shares on the open market. Smith's operates a terminal at 1139 29th Ave SW and specializes in less-than-truckload freight.

ARA Services Inc Philadelphia Smith’s Transfer Corp ARA Smith’s Transfer 29Th Ave

Oil rally keeps market on plus side barely

The market posted a small gain as oil stocks led the way with Dome Petroleum and Gulf Oil among the most active issues. Dow edged up 0.85 points to around 875, NYSE index rose to 61.58, and trading was light with 17.37 million NYSE shares changing hands.

New York UPI Dow New York Stock Exchange Dome Petroleum Canada Beaufort Sea North Sea Louisiana NYSE American Stock Exchange Gulf Oil Gulf Oil of Canada Gulf Canada Amex Dome Superior Oil Mobil Oil California Standard UNC Resources Socal UNC Triton Oil

Chicago grain prices move with mixed results

Wheat No 2 hard red winter at 4.13n and No 2 soft red winter at 4.17n. Corn No 2 yellow 2.70n hopper and 2.6544n box. Oats No 2 heavy 1.42/2n. Soybeans No 1 yellow 6.89%4n. Previous Friday quotes show No 2 yellow corn at 2.72/2n hopper and 2.672n box.

Chicago

Gold Jump Dims Dollar Decline on European Markets

Gold rose sharply on European exchanges with Zurich opening at 337.625 dollars per ounce and London at 337.125, while the dollar fell across multiple currencies including marks francs guilders lire and yen. The pound traded at 2.24875 dollars as London rates eased from Friday.

London Zurich Frankfurt Paris Amsterdam Milan Tokyo

Holiday Inns to Merge with Harrah's Sun

Directors of Holiday Inns and Harrah's Sun Day approve a merger valued at about 300 million dollars in cash and stock. The deal awaits shareholder approval federal tax rulings and Nevada gaming authority consent.

Reno, Nev UPI Holiday Inns and Harrah's Sunday Nevada

Also Mentioned on This Page

AbbottLab AetnaLf Air AmHolsto Am Motors AmStors AmTelTel Ampex Amstor Armco ArmCk Asarco Ashiondo AtiRchf AveoCe Avnetinc Bucyrus Stdocal Tandy Corp Teledyne Tennco TimkenCo Transom TranUn Trinityind TRW_ inc WsBonc Winion Williams Xerox Cincinnati p-Pacific U- Midwest Adobe Oil Fermato Kaiser McCulich Mitchliie Okep RescCott Standard & Poor's Index Standard Poor Race Indus Lam C.R. Markets Lowa Farm Iowa Equity Ins Archer Daniel Beatrice Foods Brenton Banks, Inc Conrac Corp Horn Hawkeye BanCorp Ensenence Interstate Lowa Electric Ga E Yeenenes Aeuffel & Esserweneeseeeee Iiaesse Life Investors, Inceesevevsences Maytag Wwe Mid-America Miracle Aveeseries O's Gold No Trades Ozark Quaker Oots Rockwell Syntex United Fire & Casualty United Guaranty Universal Foods Univer Winnebago First Mid-America Chicago Mercantile Exchange East Karen W. Aronson New York Times Service United States Phillip Fondren Shearson Andre Sharon Drexel Burnham Lambert Inc Commodity Exchange Citibank South Africa Henry Jarecki Mocatta Metals Corp Mortimore ARA Services Smith's Bob Leedom Hedges Realtors Second Street S.E Betty Staska
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