Blue-chip stocks pull market higher on Reagan tax pledge
The Dow rose 5.54 to 952.30 with broad gains led by blue chips after President Reagan urged tax and spending cuts and warned of economic calamity if not enacted. Advancers outpaced decliners nearly 2 to 1 on the NYSE as Continental Airlines topped active lists and several major issues posted gains.
MENTIONED IN THIS ARTICLE
New York
Reagan
New York Stock Exchange
Continental Airlines
Zinder
Federal Reserve
Standard & Poor
S&p
General Motors
International Business Machines
American Telephone & Telegraph
Standard Oil of
California
U.S. Steel
Reagan Agrarian Leaders Meet Over Grain Embargo
Farm leaders told President Reagan after a Friday session that he pledged any continuation of the Soviet grain embargo would not unduly burden farmers. William Mullins of the National Corn Growers Association said the meeting stressed a free world market and profitability while Reagan planned to study the embargo’s impact before deciding on lifting it.
MENTIONED IN THIS ARTICLE
Washington Star Service
Washington
Reagan
Soviet Union
William Mullins
National Corn Growers Association
Reagan faces grain embargo dilemma in farm policy talks
Morgan Williams of the Cooperative League says Reagan will scrutinize the grain embargo and not place unfair burdens on farmers. Jim Billington of the Wheat Growers notes surplus production and urges careful study as policy shifts loom. Robert Delano of the Farm Bureau sees subsidies likely to fall but backs giving Reagan time for a definitive decision as John Black hints at a Cabinet review before any move.
MENTIONED IN THIS ARTICLE
Morgan Williams
Cooperative League of the
U.S.A
Reagan
Carter
Williams
Jim Billington
National Association of Wheat Growers
Robert Delano
American Farm Bureau Federation
Drought may boost ethanol plants in Midwest
Iowa Agriculture Secretary Robert Lounsberry says the seven month Mississippi drainage drought could spark farmer interest in building ethanol plants. He notes shippers face severe disruption as river flow falls to one tenth normal, slowing traffic and reducing marketing options for corn along Cairo Illinois to Memphis Tennessee.
MENTIONED IN THIS ARTICLE
DES Moines
Iowa
Robert Lounsberry
Mississippi River
Mississippi
Cairo
Ill
Memphis
Tenn
Midwest
Harmony Hawks Meet At St Marks Lutheran Church
Harmony Hawks the barber shop singing group meets every Thursday at 8 p.m. at St. Mark's Lutheran Church 2100 First Ave NE. Also Suzuki Piano School Cedar Rapids offers daytime Pre K and evening classes with parental involvement and guidance.Established programs. Contact 393-0486 Linda Heald for details.
MENTIONED IN THIS ARTICLE
Harmony Hawks
Barber Shop
St. Mark’s Lutheran Church
First Ave
Suzuki Piano School of
Cedar Rapids
Linda Heald
Livestock Market Reports From Midwest and Illinois Areas
Hogs trade slow to moderate with steady sow prices across Des Moines Webster City and Joliet markets. No. 1-2 210-240 lb hogs around 43. to 44. price ranges by weight. Cattle light trading in Joliet with hogs up to 50 cents higher. Grain prices quoted for soybeans and corn at Cedar Rapids processors with various crop month quotes.
MENTIONED IN THIS ARTICLE
New York
UPI
Gulf Oi
Gulfstu
Gulf&Ws
Va Hewitt
AligLud
Hiltonh
Alig Pw
Hobart
Allied C
Allied St Ua
Tandy Core
Allis Chim
Texaco
Am Airlines
Va Idaho P
MD Amrand
IdeasBa
TexGas
ImprCe
Texas
Texgulf
Sapatin
INA Cp
TexPac Ltd
Inco Ltd
Texguil
IBM Cp
Timken
Amres
AmStors
Intit&t
AmTelTel
Me TriCon
AMF Ametek
ItekCorp
Trinity
Amstar
Armco
JohnMy
ASRCO
Wva
Dsn Jsn
UAL Inc
Ashinol
JonLogn
Werch
Jostens
Elec
Atlas Corp
JoyMfg
UnOilCal
UN Pac
AveoCe
KaisrAl
Uniroy! Inc
Avnet Inc
Kennetan
US Steel
Kennett
Va Utd Tech
Kidde
Kmart
Vendo Co DO
Piseca
Kroger
Rden
Warnere
LearSig
WornLo
Aniff
Wunion
LitlvEl
Va Westhe
Litton
Wstvoc
Lockheed
A Weyrhs
Wheeling St
Lone Str
Whipool
la Pacif
Whit Cn
Ad Ltv Corp
Whitker
Xerox
TeatelTr
Man Lite
Marthadii
Elanes
Zenith R
Indica
McOnd
McGrhi Moore
p-Pacific U
McLean
Midwest
x-Philadelphia
Divi Iticorp
DoroxCo
Coastal
MobilCorp
Monhasco
Wigote
Monsan
omSat
Neco
onsFd
Nobisco
NiogMo NL
Corp
Wurtisswr
Nortons
Ohio
Okioge
itoAr
Stock Exchange
Aney Wiry
Pan Am Air
Panhondie
I Penney
Pennpl
PepsiCo
Dome Petro Ij
Asco
Phelps
Feilmont Oin
Ostern Air
Philos
Fishrort Sk Love
Veskodak Jo
Phil Mo
Flukern Sk
Aton
Philipsin
S— Fronter
iPaso
PhilPet
Pillsbury
Nsrch
Pitneyb
Esmark
Mitcheln
Pse&g
Syntex
Telefiex Inc
Fe 'E First Po
Raiston
Flemng
Raovthn
RCA Cp
United Press Rhouf
Rockwil
Royi
Royid
Standard & Tire
Standard & Itette
A&p
Des Moines
Webster City
Joliet, I
Cedar Rapids
Omaha
Iowa Regional Grain
Interior Iowa
Iowa Department of Agriculture
N-Central
S-West
Central
Orice
Engiehard Silver
Compor
Shearson Loeb P Hhopete
Warnaco Inc
First Mid-America
Splus Am. Ins
Energy Sources Inc
Archer Daniels Wa Mercantile Exchange
Chicago
Chicago Forest Labs
Bondag
Global Marine
Iowa
Sierra Research
Beatrice Foods
SRI Corp
Brenton Banks
Conrac
Consolidated Foods
Dominion Bridge
Can
Texas Gulf Inc
Harnischfeger
Hawkeye BonCorp
Ahmanson
Hf) & Coq
Interstate Power
CAE Industries
Jowo Electric
Century Banks
Campo Industries
Joan Deere
Frontier Airlines
Keuffel & Esser
Global Marine Q
Life Investors. Inc Me
Hutton (Ef) Group
LTV
Johns Manville
Mapco
der Cattle Mercantile Stores
Mid-America Moytag
NTT M
Miracle
Raymond Int
O's Gold
Ozark
Sterling Drug
Quaker Oots
Mar
Rockwell Ve Traders Group
Velcro Industries
United Fire & Casualty
Atlanta Gas Sting & Lk Erie
United Guaranty
Citizens & South Gas
Universal Foods
el Paso
Global
Turner Constr Coq
Shearson Loeb Rhodes Inc
Iowa Interest Grand Ole Opry Tour Ad
Advertisement promotes an Iowa interest Grand Ole Opry tour in Nashville and the Hermitage. It invites fans to visit star homes with contact numbers DJ 396 5481 and Charter Coaches 366 1835.
MENTIONED IN THIS ARTICLE
New Orleans
Azalea Trail
Vicksburg
Natchez
Chicago
Adv
Grand Ole Opry
Nashville
Hermitage
Tai Babilonia
Randy Gardner
Chicago Stadium
Charter
Valentine Day Ads and UPI Market Roundup
A collage of local ads for valentines and gifts from Sandrol's Variety, Peck's Flower Shop, Pierson's Florists, and others. Including UPI livestock and Midwest meat trade notes from Omaha and Des Moines with prices and shifts.
Equitable of Iowa declares 30 cent quarterly dividend
Direct ors of Equitable of Iowa Companies announce a 30 cent a share dividend payable March 12. The holding company owns Younkers department store chain and four insurance firms including Equitable Life of Iowa and Provident Life in Bismarck. The annual stockholders meeting is set for April 30.
MENTIONED IN THIS ARTICLE
DES Moines
UPI
Equitable of Iowa Companies
Younkers Department Store
Younkers
Equitable of
Iowa
Equitable Life Insurance Company of
Equitable American Life Insurance Company
Provident Life Insurance Company of
Bismarck
N.C
Massachusetts Casualty Insurance Company of
Boston
E.I. Sales, Inc
Also Mentioned on This Page
Boke Bong “Inka Loxte
Eckr
Vco
Amex
Russia
John R. Black
Town House
St. George
St. SE
Hogs
Webster City Livestock
Joliet Livestock
Martha Sandy
Lamplite Lane
Kinder-Care Learning Center
Burdette St
Helen Airy
Armstrongs Men’s
6Th St. SW
Valentine
Cedar Rapids Grain
USDA
Cockings Yarn & Needlecraft
First Avenue N.E
Dmso Nordic Labs
B.C. Company
Pro Farmer Grain
United Press International
Sandrol’s Variety & Hardware
1St Avenue SE
First Avenue S.E
Sheraton Inn
33Rd Avenue
Mt Vernon Rd
S.E
Pierson's Florists
Peck
Edgewood
Blairs Ferry Rd
St. Pius
Kim
Jim
IE Tower
Farm Bureau
Dr. R.C. Fifield Optometrist
Omaha Livestock
Choice
Equitable
Morris Plan
U.S. Treasury