Farmland Industries Faces Big Profit Losses
Farmland Industries projects fiscal year profits of 40 to 50 million dollars due to a weak fertilizer market and disappointing grain marketing results from Far-Mar-Co. The Kansas City cooperative, the largest in the sector, posted over 3 billion dollars in sales with petroleum leading at 691.1 million and fertilizer contributing 441.1 million in 1977. Weather, overcapacity, and low prices trim crop demand, delaying planting and dampening Far-Mar-Co’s export ambitions after its 1977 acquisition.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
de, Ewing
Farmland Financial
Ewing
Far-Mar-Co. Inc
Stock Exchange
Far-Mar-Co
Farmers Export Co
Galveston
Tex
Bad News Hits Market as Inflation Forecast Dims Stocks
New York inflation warning drags stocks lower with the Dow down 5.37 to 850.05 at noon. Analysts predict April and May CPI readings will be "pretty bad" ahead, while casino stocks rally on Atlantic City news, and NYSE volume runs higher than Monday.
MENTIONED IN THIS ARTICLE
NEW York
Barry Bosworth
The
Council On Wage and Price Stability
Atlantic
City
Nid
Bally Manufacturing
Playboy Enterprises
Caesars World
NYSH
Enrollment Rebound Seen
Washington report from the National Institute of Education warns districts not to sell school buildings amid declining enrollments. The 485 page study projects elementary enrollment to rebound by 1985 through 1995, with high school numbers dropping to 13 million by 1990 then rising to about 19 million by 1995 if fertility trends continue.
MENTIONED IN THIS ARTICLE
Washington
National Institute of Education
Ex-Underworld Figure Joseph Colombo Sr Dies in Newburgh
Former mob leader Joseph Colombo Sr. died at St. Luke's Hospital in Newburgh at age 55 after seven years in a semicomatose state from a 1971 assassination. He was shot at an Italian-American Day rally in Columbus Circle and had long been crippled by injuries, with a life shaped by underworld power and civic activity.
MENTIONED IN THIS ARTICLE
Newburgh
N.Y
Joseph Colombo Sr
St. Luke’s Hospital
Colombo
Columbus Circle
mid-Manhattan
John ©. Bivona Jr
Cosa Nostra
Joseph Profaci
Carlo Gambino
Quiet Birthday For Governor Bennett Turns 51
Governor Robert F. Bennett, aged 51, marked a low key birthday with a staff cake and a planned speech at Kansas State University for the Governor's Conference on Aging. He was set to address graduates at Waconda High School in Cawker City later.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Robert F. Bennett
Sandy Williams
Bennett
Manhattan
Governor’s Conference On
Kansas State University
Waconda High School
Cawker City
Kansas
Chaplin Grave Reburied In Private Ceremony In Switzerland
The body of Charlie Chaplin was reburied today in a concrete underground vault at Corsier-sur-Vevey cemetery after its theft twelve weeks earlier. Only the widow Oona and a few Chaplin children and officials attended, with no public ceremony. Two suspects, a Polish refugee and a Bulgarian refugee, face trial on extortion and disturbing the dead. The coffin was moved from the cornfield where it was found last week.
MENTIONED IN THIS ARTICLE
Corsier-Sur-Vevey
Switzerland
Charlie Chaplin
Corsier-sur- Vevey
Gino Terni
Oona
Chaplin
Brzezinski Outlines China Policy For Fukuda
In Tokyo Zbigniew Brzezinski told Prime Minister Takeo Fukuda the United States aims to strengthen ties and pursue normalization with China within the Shanghai communique framework. He spoke after a three day Peking visit detailing policy under President Carter.
MENTIONED IN THIS ARTICLE
Tokyo
Zbigniew Brzezinski
Carter
Takeo Fukuda
United States
China
Shanghai
Brzezinski
Fukuda
Peking
Nixon
Chou En-lai
Taiwan
U.S
Communist Party
Hua Kuofeng
Teng Hsiaoping
Gold Auction Slow Going in Fort Knox Sale
The first gold auction in nearly three years drew 59 bids from bidders including foreign banks. Dresden Bank of Germany bid 152000 ounces at prices near 180 per ounce, totaling about 27.36 million dollars if approved. Union Bank of Switzerland and other foreign investors also bid sizable amounts as officials note gold sales are no longer a novelty.
MENTIONED IN THIS ARTICLE
Washington
Fort Knox
Dresden
Readus Long
General Services Administration
International Monetary Fund
Also Mentioned on This Page
Union Bank of Switzerland
Kansas State
Lethoe Ns
Uimsertiub
Lodge
Ottawa
Ram
Bush
F. Liegerot
Ottawa Lodge No
A.F
A.M
Herbert F. Guyett
Clarence E. Rea
Sec’y
White Shrine
Supreme
Mary Alice Hintz
W.H.P. Lanah Cameron
W.S
Cedar House Nursing Home
Cedar House, Inc
Alcoholics Anonymous
Box al
West 2Nd
American Worm Brokers, Inc
Colorado Avenue
Denver
Colorado
Alexander
South Main
Shine
East 8Th
East 7Th
North Oak
Princton Road
Pamida
Camper Shell
US. 59
417 East 7Th
7Th Street Terrace
Reward
Williamsburg
Arta Fogle
Squid
Prairie Hills
Penny
Ottawa Pro Shop
Ottawa Country Club
Lee
18Th
Herald
North Main
Herald Office
Nick Scott
Berlen Industries
Dan Arnold
North King
Hay
Mark Morrisey
Wade Mace
Budae
Ace
John Fritts
Taylor
Singer
Dundee
Taylor Construction
Ralph Taylor
Kenneth Dodds
Jack
Jack Rutter
Richmond
Bennie Stinson
Jim Bass
Albright's
George Jaworski
Midwest Exteriors Corp
Geweenie
Claude Myers Auction
Centropolis
RFD
N. Sycamore
Lester Leach
W. E. Scott
Centropalis Road
Village Inn Cafe
Rantoul
Bud Edwards
Printy and Son
Ben Printy
Cap
Thur
Jack Nelson
Pomona
Overbrook
W. E
Red) Perkins
Ford Tractor
Harve Criqui
Pomona High School
Cecil Beatty Auction Service
Franklin Co
AK. Watts and Son
Keith-Alan Auction Service
Tom Bach
Compton
Gibbons Salvage
Heart
OH Furniture
S. Main
Good
American Walnut CO
Budge’s
Ace Hardware
S. Malin
Rigid Form Inc
Sharlee
Edith and
Jim LeValley
Williamson and Company
North Poplar
John Hook
N. Main
Sporting Equip
Budge’s Hardware
South Nai Maing
Baldwin
Americana
Kenmore
Aia Pee
Action Appliance
Ward Underwood
Turner Greenhouse
David Bradley
Butler-Hawes, Florist
Stinebaugh's
Een
General Services
Ottawa Herald
Health & Life
Jim Battreau
Union Casualty Company
Omaha
Neb