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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 22, 1979
Page
23
Nationwide composite prices from United Press International show mixed moves as of 3 p.m. with Abbott Laboratories Amoco Motors and Exxon among notable movers. The Dow Jones average edged higher while the broader market displayed varied performances across sectors and individual names.
Stocks reached a yearly high as NYSE volume rose to 52.38 million shares in the heaviest trading of the year. The Dow edged up 0.25 to 893.94, with a weekly gain of 14.84 points after a prior surge, amid oil discovery rumors at an offshore Newfoundland well later confirmed by Chevron Standard. Analysts cautioned about commercial value. DES MOINES reports show undertone steady to barely steady with egg and poultry prices varying, floor stocks building, and demand moderating in farm markets.
Iowa hog market shows moderate trade with higher butchers prices and sow gains. Chicago futures list unchanged grains and mixed meat values, while Sioux City reports active hog trade and higher U S 1 2 prices. wheat corn oats and soybeans quoted in Chicago markets.
A brisk 2A page lists an $800 paint sprayer theft from Darin and Armstrong Inc. at 7525 Otis Road SE. Other items include fur salon ads, parish dinners, Hawkeye Downs show dates, and a series of local sales, restaurant notices, and events with dates in September and October.
Market prices for grains in Chicago on Friday are provided by Shearson Hayden Stone Inc. The notice lists bid and ask values for corn and wheat, reflecting trading activity and price movements during the session.
Marion firefighters demand a 20 percent across the board raise in a new contract as negotiations begin with city negotiators. The current contract expires next July and the first offer is set for 3 p.m. Wednesday Oct 3 at City Hall. Starting firemen would earn 1150 monthly under the package.
The 10 member Marion firemen's union wants a 42 hour workweek down from 56, likely requiring four more firefighters. They seek $40 monthly meal reimbursements, dental insurance, and joint city insurance plans for all employees. A revised grievance procedure is proposed. Negotiations Friday were without incident.
Marion delays for a new police contract meeting shifting from next Thursday afternoon to Monday at 8 p m in City Hall. City Attorney Don Hoskins cites negotiator scheduling issues and aims to forward a counterproposal to the Marion Policemen's Protective Association before the two week deadline.
This week at Marion Community Center lists daily events from McGowan and Klinger basketball to square dance lessons and High School completion sessions. Programs include Head Start batons, Kirkwood painting and quilting classes, and Cloverleaf Rapid Squares.
A Marion brief advertises a Sunday brunch at 9 a.m. on 7th Avenue in Marion. The notice is concise and invites locals to attend.
Soybean prices for September October and November crops declined 7V2 cents on the Cedar Rapids market with Friday afternoon quotes. Yellow corn dropped 2 cents while white corn eased, oats rose slightly as of Friday near 2:30 p.m. Quotes from Pro egmer Grain Cedar Rapids show No.2 corn and white corn values for processor delivery and grower price levels.
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