New York stocks show broad gains in early trading
United Press International reports Selected composite prices as of 10 30 a m NYT for NYSE and other markets. Investors view gains across major groups with notable advances in Alcoa Exxon Mobil IBM General Electric and Ford while losses appear in several utilities and smaller issues amid mixed earnings cues.
MENTIONED IN THIS ARTICLE
United Press International
Addisgr
AlliedSt
AilisCh
Alcoa
Amerada
Abrand
AmCan
AmCyan
Aeipwr
AmNoRes
Am Ltd
Armcol
ArmsCork
Lo Asarco
Atlas Corp
AvcoCen
Broniff
Adobe Oil
Brascan Lt
Cal Comptr
Dome Petro
Felmont
Fisher
Fronter
Husky Oil
Mitchie
RescCott
Solitron Dev
Starrett
Syntex
Standard & Poor's Indexes Report for Thursday
S and P hourly indexes indicate mixed activity across sectors for Thursday. Utility and industrial groups show slight changes with current readings near previous close, reflecting a cautious trading mood in the market.
MENTIONED IN THIS ARTICLE
New York
UPI
Standard & Poor
Industris Utili
Dow Jones Stock Average Reported Down Slightly
The Dow Jones stock average slipped as traders faced a mixed session with modest declines across sectors. Early gains faded with the index showing a drop of several points amid cautious market sentiment.
Stocks Slip as Dollar and Rates Weigh on Markets
UPI reports a broad market downturn amid rising interest rates and a softer dollar with declines led by the Dow down to 894.83 around 1:15 p.m. EDT and the NYSE composite falling 0.21. Trading volume stayed active with about 20.87 million NYSE shares changing hands as declines outpaced advances. Saudi Arabia and Arab nations weighed options if Camp David talks fail.
MENTIONED IN THIS ARTICLE
New York
UPI
Dow
New York Stock Exchange
Europe
Japan
Saudi Arabia
Carter
Camp David
Middle East
NYSE
American Stock Exchange
Iowa Interest Thursday Late Quotes From Des Moines
Des Moines reports Thursday quotations from Shearson Hayden Stone on Midwest pork and beef trading. Beef steady to higher for choice steer and heifer cuts, pork products show mixed movement with several weights down or steady, overall demand fair to slow.
MENTIONED IN THIS ARTICLE
Shearson Hayden Stone
Des Moines
Midwest
Iowa hog market reports steady to lower prices at Des Moines
Livestock trade shows moderate demand with butchers 50 lower and sows steady. No. 1-2 200-230 lb butchers 47.00-48.50, various weights 45.25-46.00, sows 41.50-43.50. Grain prices steady to higher for September and 1978 crops at Cedar Rapids processors. Eggs market notes undertone steady to barely steady with mixed movement and price ranges across grades.
MENTIONED IN THIS ARTICLE
Bulova Wch
Dillon
Sierrap
Bunkrr
Disney
LillyEli
OrRckl
Signal
Gulf Ol
CdnPac
Duke P
Socied
LukenSt
PacPetri
SouthCo
Carpeter
Duanel
Harrahs
Lykes Corp
PacPwr
Sonres
CBS
Ee— HrrisCp
Ajo Pan Am Air
SoPacif
Celanse
Eastern Air
Macmill
Ye Panhn
Es So Rail
Eastmiro
Ye Heinz H
Macy
Penn Centr
Sonsps
CentTel
Eaton
Hercules
Penney
SpRand
ElPaso
ManHn
Squard
Cessna
EltraCp
Brad
Hilfonh
PepsiCo
Stdocal
Esmark
Hobart
Pfizer
Phelpsd
Chessie
Homstakta
Philae
Stein Org
Chris Croft
Exxon
MayerOs
Phil Mo
StudeWrth
Chrysler
Howard
McDond
PhilPet
Sunshm
Citicore
FairCam
Ane
Femenn McGre
Ye Pillsbry
Sup Oil
McGrwHil
Pitney Bw
Ves Farah Mfs
IdeaiBo
Meadc
Polaroid
Tandy Corp
ClevElc
Fantmt
Imperiic
Medenco
Potlatch
Teldyne
CloroxCo
Ferroc
INA Cp
E Merck
Tenneco
Coastsg
Es Firstme
Inco Ltd
MerrilLy
ProcterGo
S Texaco
CocoCol
Udbla
FsPaCe
Inexco
MGM
Puscol
Texeco
CocaBot
Fleming
Ing Road
TexGas
Colgate P
Flintkot
InindSt
MM &M
Texquif
Col Gas
IBM
Purexc
Texinst
Mobilc
Mohasco
TexUtil
T&t
Ye Textron
FordMo
Tek Corprin
Monson
ConsFd
E Frmck
Jj J— Morgns
Ralston
Ee Ee ConFro
la Freptm
Jantzen
M Knudsa
Roapida
Timken
Frhouf
JeffPilt
Motorola
Rathon
Tranec
Consug
Rcacp
Transam
JohnJin
mtStTel
Rep Sti
TranUn
ContiOil
GomSk
JonLog
Transw Air
CentTe
Nabisco
ReynMt
Trinityind
Dynam
NotAirin
Ye Robshw
Trwin
Cox Bra
GnElec
KoisrAl
GnFood
Kcsthn
Rockwil
Ve GenHost
Konge
NotSteel
Rohmh
UAL Inc
Crownz
KonsNb
Vu Natom
Rohr Indust
Curtiss W
Geni Mills
Ncrcorp
ReperCc
UnElec
Cyprus
Geni
Kenmet
NeoPower
RoyiCr
Unocel
Gpubu
Kencott
Nenge
Roynd
UnionPac
DanRivr
GenStel
Kemcg
SafwStr
Dartind
GaTir
KimbCi
Norfkw
StiMari
Daycoc
Pacfig
KLM
KnightRd
SonFe
Gillette
Koppis
Norton Si
Scherng
Utd Techn
Diebold
Gta&p
Oktoge
Sears
Des Moines
UPI
Cedar Rapids
Ceder Rapids
U.S. West North Central States
Federal State Market News Service
Cedar Rapids Hog Market Slips Varied by Weight
Cedar Rapids hog market quotes Thursday show steady to 50c lower on butchers and steady on packers. Bulk prices for 200 to 230 lb butchers ranged 47.00 to 47.50 with sow and higher weight breaks reflecting reductions. Chicago dairy and egg figures echoed weaker wholesale prices with butter and egg rates edging down for delivery to Chicago.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Chicago
USDA
Egans
Caldwell elected Ford president
Philip Caldwell, vice chairman of Ford, was elected president by the Ford board in Dearborn Michigan. The move follows Lee Iacocca’s firing and Caldwell’s expected selection, with Caldwell to begin Oct. 16 and remain vice chairman.
MENTIONED IN THIS ARTICLE
Dearborn, Mich
Philip Caldwell
Ford Motor Co
Caldwell
Lee Iacocca
Henry Ford II
Club championship winners named at YWCA event
In the Wednesday YWCA competition, North-south first went to Mrs George Alberts and Thelma Zeman with Mr and Mrs Paul McGaffie second. East-west first were Connie Hellenthal and Mary Ann Boardman, with Richard Moenk and Dean Helgens second. Overall winners were Mrs Alberts and Mrs Zeman. A unit game with pre dealt hands is set for next Wednesday at 7 30 at the YWCA.
MENTIONED IN THIS ARTICLE
YWCA
George Alberts
Thelma Zeman
Paul McGaffie
Connie Hellenthal
Mary Ann Boardman
Richard Moenk
Dean Helgens
Alberts
Zeman
Hennessey records hole-in-one at town house golf event
Bob Hennessey of Marion aced the 110-yard No 8 hole with a nine iron on Wednesday with Jack Hennessey as witness. Medalists named across five flights include Judy Blank, Carolyn Loupee, Mary A Taylor, Mari Griffin, Marge Jacobs, Doris Terrace, Evelyn Knott, Lorene Chase, Doris Smith, Mary Ann Barta, Dorothy Ritchie, and Nancy Knowles.
MENTIONED IN THIS ARTICLE
Bob Hennessey
Marion
Jack Hennessey
Judy Blank
Carolyn Loupee
Mary A. Taylor
Mari Griffin
Marge Jacobs
Doris Terrace
Evelyn Knott
Lorene Chase
Doris Smith
Mary Ann Barta
Dorothy Ritchie
Nancy Knowles
Airport board OK's building new hangars
Cedar Rapids Airport Commission approves 48 new single aircraft hangars west of existing facilities. 32 leased to the public and 16 to Wathan Flying Service for sublease to Bud Jameson. Estimated cost about 8000 per unit funded partly from 150000 in revenue sharing funds. Monthly rent to rise with a six month completion forecast and five year payback.
MENTIONED IN THIS ARTICLE
Cedar Rapids Airport
Wathan Flying Service
Bud Jameson
Jameson
Airport Commission
Curren
Airport Manager Jameson Receives 7.7 Percent Pay Increase
Cedar Rapids approves Roy Jameson salary rise to 28496 annually placing him above mayor Don Canney and near the top of city pay scale behind Jon Janda. The boost, effective July 1, includes a 100 monthly car allowance and a rent free house with a tax deferred boost. Assistant airport manager salary also raised. George Doughty departed to Baltimore Washington International Airport.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Roy Jameson
Jameson
Don Canney
Jon Janda
Janda
John Chapman
George Doughty
Baltimore- Washington International
Doughty
Markets at a Glance Across Markets In Trading
Stocks lower in active trading while bonds rise. American stocks fall as London stocks close higher. Cotton futures rise and gold futures mix. Chicago grain futures gain as cattle sales fail to establish a trend. United Press International.
MENTIONED IN THIS ARTICLE
London
Chicago
Drug rules enable price shopping for quality drugs
U S Food and Drug Commissioner Kennedy says new mandatory manufacturing standards will let consumers price shop based on quality. FDA tests show little difference in quality between brand name and generic drugs. a list of therapeutically equivalent drugs will be released to states professionals and consumers within weeks.
MENTIONED IN THIS ARTICLE
ST. Louis
U.S. Food and Drug
Donald Kennedy
Kennedy
Food and Drug Administration
National Center For Drug Analysis
FDA
It Wouldn’t Be Sunday Without a Parade
Community page highlights a Sunday parade event promising lively procession and local participation. Organizers urge attendance and describe bands floats and civic groups taking part.
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Nicol
VaElec
Va WsBonc
Westhe
Westvc
Weyrhas
WhigPitt
Whipcoil
WhitCn
White Motor
Xerox Cp
p-Pacific
U- Midwest
x-Philadelphia
Amex
Standard & Poor’s Index
United Press Internernational
Inez Sy
Via.m
Equity
Ins. Fund
Nevers Tenn Wwe
Rein
Daniels
Jawevrererenees
Refere—O
Jevaeree Beatrice Foods
Wee
Consolidated Foods
Eaenaernoneees
Sasene Coi
Diccresesereceenee Aenone Ereceesesoeseseees Onsesnenienes Sonneemncansasert
Chicateasnee Tearee
Hawkeye BonCorp
Eree
Lowo Electric Interstate Power
Towelll. Gas
Aipliimerdetrenien Tae
Seevereessenserere
Keuffel & Esser
Ee Kidde Comm
Receveeennenene Life Investors, Inc
Vets
Peeceesaceastentmpenenenensarenseneanene
Aida Iola
Anennenseee
Arsenenenserees No
United Fire & Casualty
Memnennens
Wis Universal
Eens
Univer Winnebago
East
Iowa
First Mid-America
Chicago Mercantile Exchange
Siaintitececistnisienitiaeaean Oa
DBT
Dhictetptininanektoata
IO Svenwe
C.R. Markets
Wilson Foods
Seonersee
Shearson Hayden Stone Inc
Ford
Bob
Airport Board OK
Dick Hogan
Gazette
Tly
Tom Fruehling
E. Cohn & Sons
9Th Ave
3Rd St
IDS
To Starkweather
IOS
Mrs
Jo Starkweather
Sheraton Inn of
Venezia
33Rd Ave
Interstate 380
Edar Rapids
Investors Diversified Services, Inc
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