Cedar Rapids Hog Market Reports Higher Prices
The Cedar Rapids hog market on Saturday showed prices 25 cents higher. Friday’s quotes for country and plant delivered butchers 200 to 230 pounds ranged from 19.25 to 19.50, with packing sows 300 pounds and under at 15.50 to 15.25. Butchers over 230 pounds saw declines of 25 cents per extra 10 pounds up to 250, and 50 cents per 10 pounds beyond 250. Packers faced 25 to 50 cent reductions per weight grade from 300 to 360 pounds.
MENTIONED IN THIS ARTICLE
Pia Midwest
Popes Ib
Arteet Choice
Aa Prime’ Ae
Iowa
USDA
Eset
Cedar Rapids
Ertl Co expands by acquiring Carter Tru-Scale assets
East Iowa reports Victor Comptometer Corp has bought Carter Tru-Scale Co assets including trademark, tools, and inventory. Carter’s toy farm equipment production will move to Ertl’s expanded Dyersville plant. Carter has produced farm toys for 20 years and Ertl plans expanded manufacturing.
MENTIONED IN THIS ARTICLE
Dyersville
Fred Ertl, Jr
Ertl Co
Ertl
Victor Comptometer Corp
Carter Tru-Scale Co
Rockford, Ill
Carter Company
Carter
Harlan Ketelsen
Ertl Employes Credit Union
Investment guide Q and A on bonds and commodities
Sam Shulsky answers reader questions on why a low rated bond fell in price as rates rose, how to read stock sales data for odd lots, whether a working widow should swap E bonds for H bonds, and why commodities investing is generally unsuitable for individual investors. He invites more questions via the Gazette with a stamped self addressed envelope.
MENTIONED IN THIS ARTICLE
AT and T
United Brands
Management Recruiters International seeks Cedar Rapids owner
A firm ad invites a proven businessperson to own and operate a new franchise in Cedar Rapids. Requires a $15 investment including operating capital, plus 14 years of personnel placement expertise and a strong sales or business background. Call 800-321-2309 for details or write MA NAGEMENT RECRUITERS INTERNATIONAL, 1255 Euclid Avenue, Cleveland, Ohio 44115.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Alan Schonberg
Management Recruiters International
Euclid Avenue
Cleveland
Ohio
Downward Inventory Outlook Signals 1971 Hope
New York Times Service reports December shows manufacturers’ inventories down by over 300 million and the inventories to sales ratio falling, hinting at better 1971 prospects. New orders rose 1.5 billion, led by the GM strike end. productivity growth slowed in Q4 as strikes weighed in. Hourly compensation in private industry rose 6.5 percent in Q4, 7.1 percent for 1970 overall.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Commerce Department
General Motors
Labor Department
Kelso Trust Plan Easy Way To Make Money
Robert Cole explains a tax law wrinkle enabling employees to acquire stock in their company without paying from wages. A San Francisco lawyer, Louis Kelso, highlights how a firm can fund stock ownership via a pre tax loan through an employee trust, reducing costs and taxes while employees gain future stock and potential capital gains upon sale. Several real world examples including Statesman Group Iowa and Watt Manufacturing California illustrate the approach and its limited public awareness.
MENTIONED IN THIS ARTICLE
New York
Louis Kelso
San Francisco
Statesman Group, Inc
Iowa
Statesman
American Fletcher National Bank and Trust Company of
Indianapolis
Palo Alto Times
Redwood City Tribune
Burlingame Advance
Also Mentioned on This Page
Market Review
C.R. Markets
Erme
Wooss Cheice
Sid Cee
East Iowa Business Notes
Monticello
Jerry
Lee Neill
Paul
Phyllis Lumpa
Neills
Lumpa
The
Monticello Implement Co
Independence
Paul F. Hedges
Marion
Sid Harrington
Hedges
Lola
Lola van Heuvelen
Ronald Stevens
Ginny
Stevens
Gov't. Securities
U.S
Treasury
Vas
Steee
Wees
Sis
St Ee
the Investor's Guide
Sam Shulsky
Bethlehem Steel
Hasson
1St Avenue NW
Iowa Highway Commission
Cedar Rapids Inspection Bureau
26Th Ave
27Th Ave
13Th Ave
3Rd St
Gordon Ellison
Jones & Hubbard Auction Co
Zearing, Iowa
Kelso Trust
By Robert Cole
New York Times Service
Statesman Group
Berkeley
Calif
Bank For Cooperatives
Valley Nitrogen Producers, Inc
Fresno
Kelso
Watts Manufacturing Company
Compton
Chase Manhattan Capital Corporation
Aerojet General Corporation
Watts
Los Angeles
Chase Manhattan Bank
Vintage Press
Random House
Louis Allen
Durbrow and
Johnston
First Avenue
Justice Electric
6Th Street
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