Century Engineering Sold to Canadian Jannock Group
Century Engineering becomes a division of Westeel Inc. of Fargo under Canadian ownership via Jannock Ltd. The sale covers the Century sprayer line and Cedar Rapids plant at 3800 44th Ave SW, excluding the space heater line and downtown plant. New division head is Wes Cagle. office aims for six month completion.
MENTIONED IN THIS ARTICLE
Century Engineering
Westeel Inc
Fargo
N.D
Cedar Rapids
Century
Ex-Cell-O Inc
Troy
Mich
Westeel-Rosco Inc
Toronto
Jannock Ltd
44Th Ave
Wes Cagle
Huntsville
Ala
John Blue Co
Cagle
Westeel
The
Fourth Ave
Gazette
Jannock
H.G. MacNeill
Westeel-Rosco
Canada
Edgewood
Ex-Cell-O
Sid Coe
Coe
Stock market rallies as heavy NYSE turnover hits 14-month high
The New York Stock Exchange reports heavy turnover for the day, led by RCA and IBM moves. The Dow gains 8.37 to 803.84 after intraday swings while the NASDAQ OTC index drops to a new low for 1981.
MENTIONED IN THIS ARTICLE
New York
UPI
New York Stock Exchange
Standard & Poor
RCA Corp
Bendix Corp
RCA
IBM
Texas International Co
Dome Petroleum
Wang Laboratories
National Association of Securities Dealers
Western Union Ordered to Refund Overcharges to International Record Carriers
An administrative law judge under the FCC ruled Western Union must repay 74.6 million dollars plus 12.5 percent interest to International Record Carriers and its affiliates ITT World Communications Telecommunic ations RCA Global Communications and FTC Communications. The action targets alleged overcharges by the Money Clips firm.
MENTIONED IN THIS ARTICLE
Washington
UPI
Western Union
Walter Miller
Federal Communications Commission
ITT World Communications Inc
Telecommunications Corp
RCA Global Communications Inc
FTC Communications Inc
Bray named senior vice president at Midland Financial
Randall C. Bray former Bohemian Savings and Loan Association president in Cedar Rapids is named senior vice president and division head at Midland Financial Savings and Loan Association in Des Moines. He will oversee 18 branch offices starting next Monday. Bray and his family live in West Des Moines.
MENTIONED IN THIS ARTICLE
Des Moines
Randall C. Bray
Bohemian Savings and Loan Association
Cedar Rapids
Midland Financial Savings and Loan Association
Bray
Midland Financial
Midland
Richard L. Bryan
Bryan
West Des Moines
Olds Tops Chevy in Per Dealer Auto Sales Lead
Detroit based report says Oldsmobile became the top U S auto line in per dealer sales for 1981, averaging 263 units per outlet compared with Chevrolet at 259. Ford averaged 236, Volkswagen 241, Chrysler 193, and American Motors 85, marking a year of declining dealer totals across the industry.
MENTIONED IN THIS ARTICLE
Olds
Chevy
Detroit
UPI
Chevrolet
U.S
Ford Motor Co
Oldsmobile
Automotive News
Volkswagen of America
Chrysler Corp
American Motors Corp
T-bill rates dip at government auction
Treasury sold 4.8 billion of three month bills at 12.058 percent average discount, down from 12.45 percent last week. Six month bills also sold 4.8 billion at 12.064 percent, down from 12.786 percent. New four week average for six month T-bills stands at 13.226 percent. Investor returns 12.61 percent for 13 week bills and 13.03 percent for 26 week bills. Ceiling rates on small saver certificates set at 14.30 percent for thrifts and 14.05 percent for banks.
MENTIONED IN THIS ARTICLE
Washington
UPI
Treasury
No halt to merger vote in Marathon oil takeover
U.S. District Court Judge Carl B. Rubin refused to halt Marathon Oil shareholders vote on the $6 billion U.S. Steel takeover. Dissidents planned a Cleveland meeting as Morgan Guaranty Trust Co. said it would vote in favor for 1.3 million Marathon shares. U.S. Steel already holds 51 percent of Marathon stock. The judge cited time pressures to rule before the vote.
MENTIONED IN THIS ARTICLE
Cincinnati
UPI
U.S. Steel Corp
Marathon Oil Co
Marathon
U.S. District Court
Carl B. Rubin
Findlay
Ohio
Cleveland
Morgan Guaranty Trust Co
New York
U.S. Steel
Rubin
Iowa IDC Reorganizes into Industrial Division Structure
Iowa Development Commission officials announced a reorganization consolidating international trade foreign investment and domestic industrial activities. The new Industrial Division combines International Existing Industry and Domestic with Ron Kraft as supervisor.
MENTIONED IN THIS ARTICLE
DES Moines
UPI
Iowa Development Commission
IDC
International
Ron Kraft
Also Mentioned on This Page
Stock Mart
Harkin
Tom Harkin
Iowa
Federal Energy Regulatory Commission
Clinton
Petersen Harned van Maur
van Allen
First National Bank OF Iowa
St. Mary’s
Marion
Lowe
33Rd Ave
Rwee
Vvev
WvEnse
First National Bank OF
Midstate
Kansas City
Minneapolis-St. Paul
Chicago
Wisconsin
Midstafte Airlines
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