Mobil's Murray faces tough times amid asset cuts and refineries
Allen Murray, 55, new Mobil president, inherits aggressive restructuring as the company trims assets worth over 1 billion dollars since 1980 and closes refineries. He emphasizes efficiency, guards against hostile bids, and reinforces Saudi ties for future oil supply amid uncertain prices.
MENTIONED IN THIS ARTICLE
Mobil
New York
Mobil Corp
Allen Murray
William Tavoulareas
Murray
Tavoulareas
Montgomery Ward
Vinton firm expands fiber optics work with federal funding
Vinton Keller Consulting Corp received 10970 dollars in federal aid under the Community Development Block Grant Program. The Iowa company plans to expand fiber optics operations, create and retain jobs, build a heat treating room, and buy polishing equipment while continuing military and commercial subcontract work. The firm cuts cables and attaches connectors for clients including Norand Corp and Pizza Hut inventory systems.
MENTIONED IN THIS ARTICLE
Vinton — Keller Consulting Corp
Vinton
Iowa
Iowa Office For Planning and Programming
Keller
At&t
Norand Corp
Cedar Rapids
Norand
HACAP Heating Aid Reaches Few Area Farmers
HACAP reports only 16 farm families have sought heating and other aid since October in six county service area including Washington Johnson Jones Iowa Benton Linn. Applications for heating assistance accepted through February 28 with payments to vendors based on income and family size.
MENTIONED IN THIS ARTICLE
Hawkeye Area
Rae Visnapuu
HACAP
Washington
Johnson, Jones
Iowa
Benton
Linn
Wisnapuu
Visnapuu
Block defends three year 16 billion farm aid cuts
Agriculture Secretary John Block argued the planned three year 16 billion cut in farm program support is not that deep and would leave subsidies around five billion after five years. Farm groups warn the current crunch warrants more aid as to date 1983 84 and this year show record and rapid declines. Washington plans loan guarantees and other help for immediate credit to plant spring crops while shifting long term policy toward market oriented farming.
MENTIONED IN THIS ARTICLE
Murray
Gulf Oil
Mobil
Gulf
Manhattan
Long Island
Syosset
New
Ashington
Agriculture
John Block
Black
White House
Block
Woodland
Senate
Robert Dole
Kan
ABC
David Brinkley
Dole
Reagan
Congress
Minnesota to Indiana Amish horse drawn equipment link
Paul Sievert, 83, from Gibbon Minnesota, drives a pickup and trailer to Fort Wayne area Amish farms to supply horse powered farm implements dating to the 1920s and 1930s. He began about 15 years ago after visitors asked for such gear and now makes seven trips yearly, often with helpers on the 680 mile, 16 hour journey.
MENTIONED IN THIS ARTICLE
Gibbon
Minn
Paul Sievert
Minnesota
Indiana
Sievert
Yesteryears of Agriculture
Fort Wayne
Ind
Ohio
Budget and auto sales reports and local chapter meeting notes
The week includes a federal budget report due today and mid January auto sales data due Tuesday. Other releases cover the money supply to Jan 28 and December balance of trade due Thursday. Local events list meetings of the National Association of Women in Construction and the Service Corps of Retired Executives in Cedar Rapids.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa City
National Association of Women In Construction
Hargers Acoustics
Ely Road
Jim Barret
Connect Corp
Philosphy
Interics
Dick Harger
Harger Acoustics
Service Corps
Chamber of Commerce
David Hammond
CBS Sells Fender To Investor Group In Unprofitable Sale
CBS Inc. agrees to sell its Fender musical instruments unit to an investor group led by Fender president William Schultz for an undisclosed amount. A final agreement should be signed soon, with the deal covering guitars amplifiers Rhodes pianos drums synthesizers and pro sound gear. CBS notes other division assets remain for sale including Steinway pianos and Lion and Healy harps.
MENTIONED IN THIS ARTICLE
New York
CBS Inc
Fender Musical Instruments
Fender
William Schultz
CBS
Rogers
Musical Instruments
Steinway & Sons
Rodgers
Gemeinhardt
Lion & Healy
Dan Dwyer
U.S
Cotton and rice subsidies exceed 1 billion for 1984
The Agriculture Department says deficiency payments will give farmers over 1 billion dollars for 1984 crops. About 700 million goes to upland cotton and 375 million to rice producers. Cotton payments use 18.6 cents per pound to cover the gap between 81 cent target price and 62.4 cent average price. Corn and sorghum decisions pending in March.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Everett Rank
Department
Agricultural Stabilization and Conservation Service
Also Mentioned on This Page
Steven P. Rosenfeld
The
Washington Post
Wall Street Journal
Chicago
Rawleigh Warner Jr
Journal
West Germany
Superior Oil Co
York Islanders
Saudi Arabia
Vinton Company
Susan Keller
Bill
Midwest
General Electric
National
Iowa State Extension Service
Telerate Systems Inc
Finance Company
Treasury
Bill Rinderknecht
Millhiser Smith Agency
Oakland Road
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!