Business economists foretell steady expansion despite imbalances
At the 19th annual meeting of the National Association of Business Economists three advisers to policy makers caution that a recession is not near. Charles L. Schultze says inventories and capacity use buttress a continued recovery. Henry Wallich notes limited upside imbalances but warns on trade deficits and weak fixed investment. Lawrence R. Klein adds that growth may top four percent soon with jobless rates easing.
MENTIONED IN THIS ARTICLE
Philadelphia
National Association of Business Economists
Henry C. Wallich
Federal Reserve Board
Lawrence R. Klein
Wharton School of
University of Pennsylvania
Jimmy Carter
Walich
Schultze
Wheat and Soybean Prices Slip Amid Harvest Pressure
Prices for soybeans and corn fell sharply on the Chicago Board of Trade amid harvest pressure and a longshoremen strike delaying New Orleans shipments for 14 days. Soybeans dropped about 38 to 41 cents a bushel with November at 5.13 and wheat down 4 to 5 percent. The pork complex remained firm on the CME while live cattle slid modestly. Analysts noted global growth actions and policy debates shaping demand, with a somber mood in markets as 1977 pressures persisted.
MENTIONED IN THIS ARTICLE
Chicago
New Orleans
Chicago Board of Trade
Chicago Mercantile Exchange
Commission House
U.S
Italy
Great Britain
Klein
Carter
Wall Street
East Iowa Reports Brush Fire Ravaged Los Angeles Homes
A searing brush fire swept into Los Angeles residential areas ten years ago, gutting at least 26 homes and prompting urgent firefighting efforts across the neighborhoods.
MENTIONED IN THIS ARTICLE
Los Angeles
Doric Vault Associa tion elects Robert Ryan president
Robert Ryan of Vinton Vault Co. is elected president of the Doric Vault Manufacturers Association, a national group for independent vault makers. He has led Vinton since 1973 and serves as stockholder and vice president of Doric Products Inc.
MENTIONED IN THIS ARTICLE
Robert Ryan
The
Vinton Vault Co
Doric Vault Manufacturers Association
Vinton
Doric Products Inc
Richard C. Finley
Bohemian Savings and Loan Assn
Third St
Tony Schubert
Mount Vernon Road
John E. Schwarz
Pillsbury and
Dayton Hudson
Minneapolis
Dain, Kalman and Quail
Cedar Rapids
First Cedar Rapids Estate Planning Council Meets Monday
The Cedar Rapids Area Estate Planning Council holds its first meeting of the year on Monday at 6 30 p m at the Roosevelt Royale. Darrel Look invites readers to check the classifieds for details.
MENTIONED IN THIS ARTICLE
A. Morf
Cedar Rapids
H. Ford Perine
Brand Names Foundation
New York
Advertising Federation of
Elmcrest Country Club
American Marketing Association
Kay Staab
Alfred M. King
Finance of American Appraisal Associates Inc
National Association of Accountants
Longbranch
Peoples Bank and Trust Company
Chartered Life
Iowa
Bandag Reports Higher Third Quarter Earnings
Bandag Inc reports third quarter net sales of 52.5 million, up 23 percent from a year ago, with net earnings at 4.5 million, up 7.8 percent. CEO Harker Collins cautions full year 1977 earnings may fall about ten percent versus 1976 due to excess retread material inventories at franchised dealers.
MENTIONED IN THIS ARTICLE
Muscatine
Bandag, Inc
Harker Collins
Bandag
Collins
Also Mentioned on This Page
Charles L. Schultze
Council of Economic Advisers
Board of Trade Weekly Review
Japan
France
Germany
United Kingdom
Loewi & Co
American Reinsurance
Archer Daniels
Banks of
United Guaranty
Hawkeye Bancorp
United Fire & Casualty
NZS News
Carolyn Newman
FAA
Municipal Airport
Aetna Life and Casualty
NN Corp
Milwaukee
Continental Western Industries
Des Moines
CWI
Vernon Co
Newton
Peg’s Beauty Salon
Nelda Wiedenman
Nancy Rugger
Bea Deetz
Roger Ryan
By Phil Pastoret
Mideast
Philadelphia Inquirer
J.A. Livingston
New York Stock Exchange
J.T. Kingston
Younger
Wigs,Inc
Third Street
S.E
Lawrence A. Lubben
CLU of
Chartered Life Underwriter
Lutheran Mutual Life
C.L.U
American College of Life
Lawrence
Lutheran Mutual L
Heritage Way
Waverly
the Town House Motor Inn
1St Ave. S.E
I.R.A
T.S.A
Appleton
Wis
Call Nat's Wats
American Employers Marketing Corp
Peoples Bank
Larry C. Aspleas
CLU Life Investors
James K. Iverson
CLU Travelers
William L. Meeker
CLU
Ohio National
Donald J. Aanested
Raymond T. Ashlock
Brain L. Baxter
Barry L. Bennett
Ivan E. Bowen
David H. Burke
Louis Burkhalter
Steven P. Burkhalter
Donald R. Calkins
Charles W. Cannaday
August J. Ceschin
Jack T. Clark
Garth C. Bigbee
Equitable Life
Glenn A. Britt
CLU State Farm Life
Ronald D. Landergott
Prudential Lutheran Mutual
Howard P. Miller
CLU Farm Bureau
Dale J. Thier
New York Life
John A. Rife
CLU United Life
Ivan W. Clearwaters
John A. Collentine
Richard B. Corbett
Robert J. Downey
Cleo F. Edwards
C. Richard Ekstrand
Joseph Evanovich, Jr
Roy L Ewen
Wallace W. Farmer
John J. Fattig
Erwin F. Fruehling
Joshua J. Fuller
John R. Ver Hulst
Washington National
John W. Helscher
Bert D. Hoffman
John R. Horton
Gary K. Hoag
Lawrence A. Hunter
Richard K. Jenkins
George N. Justice
Jay A. Kacena
Clifford A. Kehrli
Frank I. Kintzle
Ronald A. Landherr
Keith H. Lau
Chapter of
Chartered Life Underwriters
James A. Russell
August J. Ceshin
John O. Naber
Carl T. Ostrem, Jr
Thomas H. LeBuhn
John E. Leschensky
James E. Luhrs
Scott McIntyre, Jr
Clark L. Mikkelsen
Micheal L. Murray
Jon D. Petersen
Clifford W. Petersen
Lloyd E. Peyton
Donald R. Pumphrey
Auto Bank
West End of the
Third Ave. Bridge
Cleave R. Rainwater
Gerald D. Seidl
Orrin L. Smith
Don T. P. Steele, Jr
James L. Stickney
John H. Stuhr
Millard Larry Suggs
Roy E. Taylor
David M. Tigges
Robert W. Verhille
John B. Walters
Carroll F. Zuber
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