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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

Aug 11, 1994

Page

14

Leasing firm marks first year amid finance shift

BRIEFS note leasing firm’s first year under Dave Harvey as president. He cites eight years in industry and growing demand from clients seeking loan financing due to tax implications. Trans World Airlines offers a two for one ticket sale with blackout dates and limited routes. Overseas Private Investment Corp. to sponsor an Investors Conference. contact Sheila Creal for details. FDIC reports 23 bank failures in H1 1993, none in Iowa.

Dave Harvey Harvey Overseas Private Investment Corp Sheila Creal

Iowa farmers project record corn and soybean yields

The National Farmers Organization forecasts Iowa corn at 147 bushels per acre and soybeans at 445 bushels per acre, tying the 1992 corn record and surpassing the 1992 soybean mark. Estimated 1994 production totals reach 1.823 billion bushels of corn and 393,825 bushels of soybeans, with national figures cited for context.

Gazette Reports Associated Press AMES Iowa National Farmers Organization Tim Ennis NFC U.S

Harvest transport on Soo Line disrupted by grain backlog

In Minneapolis area reports say a grain cooperative and elevators on the Soo Line suffer losses of 10 to 15 cents per bushel on corn and soybeans moved by truck. Rail cars laden with barley and wheat sit idle near elevators as harvest pressure grows and trucking demand rises.

Minneapolis Great Plains Soo Line

Deery Brothers to Acquire Mount Vernon Ford Assets

Deery Brothers Ford Inc led by John and Dan Deery of Waterloo will acquire the assets of Dave Ballstaedt Ford Inc in Mount Vernon on Monday pending Ford Motor Co approval. Ballstaedt, owner for 14 years, will receive cash to cover debts. the purchase includes selected secured debts. About 35 staff will join Deery Brothers operation, drawn by proximity to Cedar Rapids and Iowa City.

George C Stefani Dave Ballstaedt Ford John Deery Sr Deery Brothers John Deery Mount Vernon Cedar Rapids Iowa City Dan Deery Motor Co Cedar Falls Deery Toyota Waterloo

Iowa farm total stable for 1993 1994 gains amid 1993 flood recovery

Iowa reports no net loss of farms after the 1993 flood with 100000 farms as of June 1 unchanged from June 1993. Across the nation farms fell 1 percent to 2.04 million. total farmland declined to 975 million acres while average farm size rose to 478 acres.

Lowa Iowa U.S. Department of Agriculture U.S Dale Cochran Congress Cochran

Yields Slip on 10 Year Treasuries in Auction

U S yields on 10 year Treasury notes fell to 7.33 percent from 7.36 percent in the May 11 sale. The auction drew bids totaling 29.14 billion against 12.07 billion sold, part of a 40 billion quarterly refunding.

Washington Treasury

Tech shares lead stock gains amid inflation worries

Technology stocks rose as investors priced in inflation and rate concerns. The Nasdaq composite climbed 77 points to 728.20 led by firms in computers and semiconductors, with Deere, Procter & Gamble, United Technologies and Micron Technology among notable movers.

Tee Ebmeyvevey Deere & Co General Mills Procter & Gamble St Tanger United Technologies Hon Industries Noland Pennest United Fire

Also Mentioned on This Page

New Berthel Subsidiary TWA Trans World Airlines Inc Switzerland Anydoer Superstores Zenner Office 1 Mall Ken Smith Agribusiness Ukraine Federal Deposit Insurance Corp Tut Acre Richard Stefani Deery Brothers Ford Lowa Farm Lotus Development del Computer NEW York Stock Exchange Ee American Stock Exchange Teres Comeeres al Ain Seoces Alice Rome Dubuque Fifth Avenue Weather Details New Daily Gazette
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