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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Oct 20, 1981

Page

23

Agent group protests ruling an AGO takeover

A group of Life Investors agents in Eastern Iowa plans to oppose AGO International B.V. takeover of Life Investors. They allege misled field staff and accuse Iowa insurance commissioner Bruce Foudree of neglect. They cite secrecy on the deal and seek answers before meetings with state officials. A related stockholder class action may be filed, with 170000 shares involved.

Life Investors Iowa AGO Holding N the Gazette Home Office Iowa State Insurance Bruce Foudree State of Iowa Foudree AGO Insurance Commissioner Life Vern Cooper Brian Zimmerman Cedar Rapids Steve Powell Quad Cities George Colthurst Washington James Ingram Bettendorf Ingram Ron Jensen AGO International B.V Iown Insurance Jensen Alabama

Fantasy Seeds offer for the man who has nothing

Hornsby Ltd of Altamonte Springs Florida markets Fantasy Seeds for $2 a packet to grow a range of fantasies including a mistress, oil well, golf course, private jet, yacht or car with a confidential option. The ad concedes results may be only sunflowers and notes many fantasies are illegal or embarrassing.

Los Angeles Hornsby Ltd Altamonte Springs Fla

Gannett Group Buys Cedar Rapids Station With Local Ties

The Guy Gannett Broadcasting Services led delegation from Portland Maine visits Cedar Rapids after acquiring WMT-TV and renaming to KGAN TV. Jean G Hawley cites CPC ties, community roots, and no major local changes while plans to keep operations strong and autonomous.

Wmt-Tv Kgan TV Cedar Rapids Portland Maine Guy Gannett Broadcasting Services of Jean Gannett Hawley Guy Gannett Publishing Co Guy Gannett Broadcasting Services Lowans Simpatico

Stocks sag on recession talk and rising money supply

UPI reports a cautious trading day as Reagan labels the economy in a light recession while money supply rises. Dow falls 4.56 to 847.13 amid mixed volume and investors await the third quarter GNP report. NYSE and NASDAQ indices slip with broad declines and selective activity in Crown Zellerbach, Sony, Matsushita, Westinghouse, Mary Kay, Northrop, and Gulf Oil of Canada.

New York UPI Reagan Federal Reserve Dow Standard & Poor NYSE U.S Crown Zellerbach Sony Corp Matsushita Electric Westinghouse Electric Mary Kay Cosmetics

T-bill rates rise at Treasury auction

Treasury sold 4.5 billion dollars in three month bills at a 13.613 percent average discount and six month bills at 13.795 percent. The new six month rate becomes 14.045 percent with a 0.25 point hike. Short term bill yields imply 14.29 percent for 13 week issues and 15.03 percent for 26 weeks.

Washington UPI Treasury

Also Mentioned on This Page

Agent Group Los Angeles Times KGAN C.R By Bruce Fishwild Gannett WGAN CBS Gino’s Inc Northrop Northwest Industries National Association of Securities Dealers Attention Michael Joyce Iowa City Rocky Shore Drive Hwy. 6 Connie Boyd Linda Edwards Dist Tom Walsh Johnson County Call Howard Fine Guaranty Guaranty Bank & Trust FDIC Ww Bank & Trust Jecetyn Dr
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