Takeover suit hearing set in Life Investors bid case
A preliminary injunction hearing in the Life Investors takeover battle with AGO Holding N V is slated for Oct 5 in Cedar Rapids before Chief Judge Edward J. McManus. Depositions of AGO officials are ordered in Amsterdam next week. AGO seeks up to 1.5 million more Life Investors shares to reach 56.4 percent.
MENTIONED IN THIS ARTICLE
Life Investors of
Cedar Rapids
Life Investors
Federal District Court
Edward J. McManus
Northern
Iowa
AGO Holding N.V
Netherlands
Amsterdam
AGO
Amer N.V
Ennia N.V
Amer
Time Insurance Company
Interfinancial Corp
United States
Ennia
Ennia Reinsurance Co
Board of Directors
Financial News Wires
New York
Skadden
Arps
Slate, Meagher and Flom
Shuttleworth and Ingersoll
Kaye, Scholer, Fierman, Hays and Handler
Blyth Eastman Paine Webber
Canada
Grumman Corp
LTV Corp
Grumman
LTV
Nu- West Corp
American Telephone & Telegraph
Federal Communications Commission
At&t
Midwest Hog and Sheep Prices Across Cedar Rapids and Waterloo
Hogs in Cedar Rapids steady to 50c higher at 47.50 to 49.00 with Wilson Foods listing 47.50 to 49.00. Waterloo prices steady at 47.50 to 48.25. Sheep quoted 44 to 46 for wool and 46 to 48 for shorn in Cedar Rapids. Bath Packing Co in Waterloo reported 47.50 to 48.25, steady from Wednesday.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Waterloo
Wilson Foods
Wilson
Wilsons
Bath Packing Co
Market prices for Cedar Rapids grain and soybeans
No. 2 Corn prices fall for September O N and January while December holds. White corn climbs to 3.02 with oats at 2.03. No. 1 Yellow Soybeans firm around 6.08 to 6.25 for September O N December and January contracts. Quotes from Pro Farmer Grain Cedar Rapids.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Pro Farmer Grain
Des Moines Market News Reports Steady Undertone Across Commodities
The Federal State Market News Service notes prices largely unchanged in light trading with a steady to fully steady undertone. Off farm slaughter demand moderate, bookings short of next week needs. floor stocks adequate, minor shifts in egg prices and beef and pork markets observed.
MENTIONED IN THIS ARTICLE
Federal State Market News Service
Sioux City Livestock Hogs Trade Detailed Report
Thursday hogs and sows market summary from Sioux City Livestock indicates 5,500 head of hogs with moderate activity and steadier to mostly 25 lower for butchers, while sows gain 25. No 1-2 butchers at 210-260 lb sold 49.25-49.50, No 1-3 sows 350-500 lb at 45.75-46.50. Insufficient cattle for market test.
Hogs Trade Steady to Higher At Webster City Livestock
Thursday sales show active demand with hog prices lifting. No 1-3 butchers 210-260 lb fetch 49.00 to 49.50, No 2-4 260-280 lb 48.50 to 49.00, 230-300 lb 48.00 to 48.50, 300-350 lb 46.50 to 47.00, sows 300-700 lb 46.00 to 48.75, lighter weights up 50, heavy sows up 25. Regular market activity noted with hogs 850 head.
MENTIONED IN THIS ARTICLE
Midwest
Chicago
UPI
Chicago Mercantile Exchange
Jly
Aus
Chicago Produce and Livestock Prices Midweek Report
Chicago prices show butter and eggs unchanged with grade A and AA scores at 1.48. eggs for retailers vary by carton size. Wheat No 2 hard red winter at 3912n, soft red at 3.46034n. corn No 2 yellow 2.5934n. oats No 2 heavy 1.94n. soybeans No 1 yellow 6.262n. Thursday hogs at 49.00-49.75 for 190-260 lb, others 46.50-48.00 for larger and lighter cuts. sows mixed, cattle and calves steady to 50 lower, cows 41.00-44.00 with canners 39.00-41.00. sheep absent.
MENTIONED IN THIS ARTICLE
Interior
Iowa Department of Agriculture
S-West
USDA
Joliet Livestock Market Report Highlights Strong Hogs
Hogs traded actively with barrows and gilts up 50 to 75 cents. No 1-2 220 to 250 lb hogs quoted at 50.00 to 50.50 and No 1-3 200 to 240 lb hogs at 49.00 to 49.25. Cattie 40 head tops for market test.
Iowa Beef to discuss Stanwood hog plant with Cedar County
Iowa Beef Processors officials led by Glen Hoaglund meet Cedar County supervisors to discuss zoning and tax matters for a proposed 100 million hog processing plant. Stanwood is one of three sites with a 10 million annual payroll and option on 1560 acres east of town.
MENTIONED IN THIS ARTICLE
Stanwood
Iowa Beef Processors, Inc
Glen Hoaglund
Cedar County
IBP
Lincoln Community High School
Iowa Beef
Low Moor
Clinton County
Sheffield
Ill
Vance Haesenmeyer
Union Trust and Savings Bank
Volun
Nebraska
Haesenmeyer
Illinois
Iowa
Gazette
Quad-City
Tauke
Gem Meyer
Meyer
Jean Penningroth
Mechanicsville
Stock market drifts as Reagan inflation plan looms
UPI report details a cautious session on Wall Street with the Dow slipping 5.80 to 835.14 as traders weigh Reagan’s forthcoming address and a possible $16 billion deficit cut. Volume on both exchanges eased while big moves centered on Edison Exxon Mobil and Grumman amid merger and sale chatter.
MENTIONED IN THIS ARTICLE
New York
UPI
Reagan
Standard & Poor
Beaten Beef Champions Crowned at National Cattle Congress
In Waterloo a Kirkwood Community College beef instructor presented the supreme champion beef bull a Chianina Kent Carrothers of Coggon also serves as beef superintendent at the All Iowa Fair in Cedar Rapids The supreme champion beef female was a Simmental shown by Ludvigson Stock Farm of Cushing Other judges awarded champions and reserves to Shorthorn and Chianina entries from Greeley Shorthorns Janesville Wilbur Korthaus Son Dale Studer Wesley Sonny Flack MS Farms Tipton and James V Johnson Ankeny Stacey Gropper Grinnell
MENTIONED IN THIS ARTICLE
Waterloo
Kirkwood Community College
National Cattle Congress
Kent Carrothers
Coggon
Kirkwood
Carrothers
Connie
Cedar Rapids
Ludvigson Stock Farm
Cushing
Greeley Shorthorns
Janesville
Wilbur Korthaus
Walcott
Dale Studer
Wesley
Sonny Flack
Nevada
James V. Johnson
Ankeny
Stacey Gropper
Grinnell
MS Farms
Tipton
Ford recalls 6 700 Mustang Capri seats and 600 Lincolns
Ford Motor Co. announces recalls affecting about 6 700 1981 Mustang and Capri cars for weak seat back recliners that may fold unexpectedly, and about 600 1982 Lincoln Town Car and Mark VI cars for faulty automatic headlight dimmers. Replacements will be at no cost to owners.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Ford Motor Co
Ford
AMC offers up to 750 dollar rebates on 1982 Jeep models
American Motors Corp announces cash rebates up to 750 for Cherokee and Wagoneer models and 500 for J series pickups, valid on purchases delivered by Nov 25. Dealers contribute 250 and 200 dollars respectively. rebates may apply to down payments or be sent as checks.
MENTIONED IN THIS ARTICLE
Southfield
Mich
AMC
Correction notes on Hall & Co. purchase earnings by Ryder
The corrected figures show Frank B. Hall & Co. in 1980 reported total revenues of 309.5 million dollars and net income of 27.9 million dollars.
MENTIONED IN THIS ARTICLE
Frank B. Hall & Co
Ryder Systems Inc
Also Mentioned on This Page
Bruce Fishwild
Gazette Financial Editor
Merrill Lynch
White Weld Capital Markets Group
State Insurance Commission
Merrill Lynch Group
E.I. Livestock
United Press International
Chicago Board OF Trade
Jjiyo
C.R. Grain
Des Moines
U.S. West North Central States
Iowa Regional Grain
Sioux City
Webster City
Omaha
Joliet
NYSE
U.S
Southern California Edison
Exxon Corp
Mobil
Delhi International Oil
CSR Ltd
Delhi
Sealectro
Bicc Ltd
National Association of Securities Dealers
Consumer Briefs
Nissan U.S.A
Nissan
Anacin
Washington
Federal Trade Commission
American Home Products Corp
Commission
Nquire
Morris Mal
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