Corn Higher: Mixed Markets and Tax-Tilt Trading
New York stocks declined in moderate trade as yearend tax loss selling and profit taking pressed the Dow Jones Industrial Average down 3.61 to 190.05. Banks cut prime lending rates to 4.4 percent, while several large boards showed mixed moves in shares like Daylin and Delta Air Lines. In Chicago, futures fluctuated with grains ending irregular. corn rose mildly, soybeans fell, and wheat slipped as investors weighed quarterly guidance.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Ald
Continu
Cedar Rapids hog market prices steady despite shifts
Cedar Rapids buyers reported no decline in prices on Thursday with Wednesday’s bulk deliveries at 21.75 to 22.25 dollars per cwt for 200 to 230 lb hogs. Sows 300 lb and under ranged 17.75 to 18.25, with larger hogs discounted per 10 lb increments. The report notes weight grade discounts for various ranges and mentions plant-delivery prices and market conditions from the Cedar Rapids market page.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Sinai
Goodrich
Mel Goodyr
Grice
Revlon
Abiaka
Allan
Michel Ag
Bamdere Asco
Eaeetet
York (Ap
Dow
Finca
Australe Minal
Pan
Bane
Belgie
Sears
Gholce
Welmne
Geddy
Svatioy
Alecolne
Ya Joiniaa Fm
Sonal
Thoraday
Erlees
Minneau
Walter Su
Canisan Rived
Texas
Fey
Sale
Postville
Tureday
Erices
LearSlen
Atelier
Des Moines
Benalfes
Alesia
Uae
U.S
Bornen
Brunswek
Wallinton
Weyer
Butane
Moe
Chris Craft
Waterloo
Bulchers
Erateideng
Stack Burne
Caves Mane
Soni
Wvben
Crawcell India
Ava
Acfa
NEW Delia
Fae
Seiglan
Bernie
Phurstay
PakigennDl
Onney
Bernttin
Disney
Blairs Ag
Rio
Mmomir
Phila
North Dakota Bed River Valley
India
Eaton
Woda
Saul Ni
Empasong
Emerel
Eagan Ia
Chicago Gratin
Evans Pan Tad
Lamson Brothers Iy
Falta
Tata Vimy
Danaiey
Omaha
Spiere
Valley Officials Join Board of Banks of Iowa
Edward Wiveheke and Neal A. Lundy of the Valley Bank and Trust Co. Des Moines were elected to the board of directors of Banks of Iowa Inc. The holding company owns Merchants National Bank Cedar Rapids Union Bank and Trust Co Ottumwa and the Valley Bank Des Moines. Burchette and Bands are noted as key banking figures with prior roles in Bloomfield Monmouth College Drake University and Des Moines organizations. A stock exchange offer by Banks of Iowa passed with over 1,600 shareholders, expanding total outstanding shares to 1,272,500 and setting assets above 415 million after future Council Bluffs Savings and Burlington banks join.
MENTIONED IN THIS ARTICLE
Edward Wiveheke
Valley Bank and Trust Co
Des Moines
Neal A. Lundy
Valley Bank
Banks of Lowa, Inc
Banks of Towa
Na Monal Bank
Cedar Rapids
Union Bank and Trust Co
Otytumwa
Burchette
Bloomfield
Exchange Bank
University of Towa
Bloomfield Bank
Greater Des Moines
Eamundson Art Foundation
Foundation
Drake University
Bands
Ainsworth
Monmouth College
University of Town
New York Diversity
Monmouth
Greater Des Moines Chamber of Commerce
Des Moines Industrial Bureau
Towa College Foundation
Salvaton Army
Lowa
Towa
Friday Shutdown in Commodities Markets Holiday Closure
New York based reports say all U.S. commodities exchanges will close Friday for a three day New Year holiday while securities exchanges remain open on the first trading day of the year.
MENTIONED IN THIS ARTICLE
New York
UPL
U.S
Beatrice Foods Reports Record Sales and Earnings
Beatrice Foods posted a 17 percent rise in third quarter net earnings and 16 percent for the first nine months. November sales hit a record of 179.13 million, aiding overall gains. Earnings per common share rose to 65 cents in Q3 and 1.88 for the nine months. Net earnings reached 19.16 million in Q3 and 85.61 million for the nine months, with quarterly sales totaling 42.68 million and nine-month sales at 1.565 billion.
MENTIONED IN THIS ARTICLE
Chicago
Beatrine Foods
William G. Karnes
Cedar Rapids
Nercent
Life Investors Buys Linn Abstract Co in Linn County
Life Investors Inc announced the acquisition of Linn County Abstract Co at 312 First Street SE. The deal expands its title and abstract operations, with a total price exceeding 1.6 million dollars including Linn County property. Internal management will continue under Yoder Howard Arntzen.
MENTIONED IN THIS ARTICLE
Life Investors, Inc
Linn County Abstract Co
First Street
Life Investors
Deg iMovnes
Lincoln
Omala
Colorado
VWR Earnings Slide in Nine Months Report
VWR United Corp reported earnings of 1 382 020 on sales of 204 032 000 for the first nine months ending November 30 1971. Earnings fell from 2 086 609 on sales of 169 967 000, with losses in the Penick and Ford Ltd Cedar Rapids unit blamed on adverse corn markets and price declines.
MENTIONED IN THIS ARTICLE
Seattle
Darnings Forl
WR United Corp
James Wiborg
Penick and Ford Ltd
Cedar Rapids
VWR. Scientific
Centennial Mills
Extension of Jobless Compensation Signed
President Nixon signed legislation granting an extra 13 weeks of unemployment benefits for long term jobless in high unemployment states. The measure pays full benefits during the extended period to workers exhausted of the usual 39 weeks, with signing announced after a Thursday.
MENTIONED IN THIS ARTICLE
Biscayne
Frs
UPD
Nixon
Jude
Also Mentioned on This Page
Ing
Daylin
International Nickel
Union Corp
Boise Cascade
Delta Air Lines
Telex
American Stock Exchange
Champion Name Builders
Telescompter
Gladding
Charter Co
Ap Tsial
STP
Shicago
Iowa
Ina
Mapes
America
Sinclair Whisan
C.R. Markets
Ito
Stan Fares
Tany Mnvdtiom Ee Butler
Tota
Anamosa
E. Cohn & Sons, Inc
W. Eon
Board of Banks of Iowa
Beatrice Foods
Linn Abstract Co
VWR
Gerald Mclaughlin
Hong Kong
China
Red Cross
Gerald Ross McLaughlin
Douglas MacArthur
Dial
Manila
Philippines
Farmang
Tre
Donna Walker
Emmy
Flicker Realty
Don Kuhn
Bohemian Savings and Loan Association
Third Street S.E
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