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The Des Moines Register from Des Moines, Iowa • Page 26

Location:
Des Moines, Iowa
Issue Date:
Page:
26
Extracted Article Text (OCR)

IPS THE PES MOINES REGISTER Saturday, November 17, 1990 WE WON'T BE wHifwo you mnd that you can Is WHItMINCf ADDITIONAL BRING IN THEIR AD WE'LL BEAT THEIR PRICE vn 1 ialll MlVh Des Moines' KDSM-TV sold to St. Louis company! 2833 Douglas Ave. East of Merle Hay Mall Between Beaver Ave. Harding Road 6204 S.W. 9th 2 minutes away from SouthRidge JUST "NO ANV IOCAI COMWITOH ft LOCAt AO TO AND NIU ItAT TMf Mill fiki tut auk Maun vn wnmc inwivrnv MUVIl IfWM HI SILL.

ver One More Week Continued from Page 7S tually every advertiser," said station manager Thompson. Due to Overwhelming Demand HURRY! THIS OFFER ENDS SUNDAY, NOVEMBER 25, 1990 in 1988. -J They are New York natives and had worked at radio and television properties around the country before teaming with an investment banker, Communications Equity" Associates, to form River City, Baker said. Sonfe of the equity for the company came from Bank of Boston Capital, a subsidiary of Bank of Boston he said. "We try and buy the fastest growing television station in the market," Baker said.

Before settling on KDSM, he said, River City Broadcasting had "looked seriously at a good dozen stations; nothing smaller than this, but a number in the same range." Baker said he approached Duchos-sois about buying KDSM during the middle of 1989. "They said they'd had numerous inquiries but weren't selling," he added. Last summer, Duchosaois was negotiating to sell to an unnamed third party but those talks fell through, and when they did, Duchossois called him, Baker said, because of his previous interest. "We're part of the advertising mix now," said Baker. "It's considered one of the stations that you look at, versus four years ago." But Julie Evans, a local advertising executive, said, "The majority of their programs are targeted to younger audiences, and they are not able to deliver the key older groups that most advertisers want." "If you look at the ratings services," she said, KDSM has "very few time slots that have the kind of reach that make it a must buy." That might be an area, though, where Baker can help.

The new owner's background is in programing, and his resume indicates that he has done a successful job at drawing audiences to independent television stations by featuring reruns of popular situation comedies such as "M'A'S'H." "Taxi," "Family Ties" and "Barney Miller." Baker's two-year-old company Oil prices drop below $30 level, BUY YOUR CHRISTMAS GIFTS MOW! MANY GREAT SAVINGS ON COLOR TVs, VCRs, CAMCORDERS. MICROWAVE OVENS, AUDIO HI-FI. CAR STEREOS AND MUCH MORE! LOW PRICES SELECTION BRAND NAMES PLUS SERVICE EQUALS BEST VALUES! owns Independent television stations KDNL-TV In St. Louis (the 18th-larg-est TV market in the country) and KABB-TV in San Antonio (the 43rd-largcst market). The Des Moines market is much smaller, ranking No.

66. The St. Louis station is affiliated with the Pox network; the San Antonio station is not, but it outdraws the local Fox station, Baker said. River City Broadcasting also owns radio stations in the Sacramento, Annapolis, and Tucson, areas. The company plans to continue adding TV and radio properties at a rate of about two per year, Baker said.

Baker teamed with Larry Marcus, 41, to form River City Broadcasting AVOID RUSH HOURS. Place your Classified ad early in the day. Classified sales representatives are on call beginning at 7 a.m. Monday through Friday, and at 8 a.m. Saturday.

Call 284-8141. TOLL FREE 1-800-532-1585. By SUSAN ZEIDLER Reuter NEW YORK, N.Y. Oil price! dropped below $30 a barrel Fridays for the first time in three weeks afte Iraqi leader Saddam Hussein said hq preferred a peaceful end to the Peri sian Gulf crisis. Unseasonably warm weather in the, United States also pressured prices lower, traders said.

"It was just another down day in continuation of a week-long trend of reduced demand and abated war! fears," said Evan Barron, a trader ai Merrill Lynch. Crude oil for December delivery closed 11.34 lower at $29.78 a barrel. For the week, crude oil was down" il a barrel. Prices for crude oil last dipped below 30 a barrel on Oct. 23.

Oil hit1 an all-time high of $41.15 on Oct. 18, double the level before Iraq's inva-f (mm1 "rr9 7 A A sion oi Kuwait in August. 1 The Iraqi leader said in Interviews Thursday that he preferred a peaceful end to the Gulf crisis. The comments weighed heavily on the war-sensitive oil market, analysts said. Soviet chief Mideast envoy Yevgeny Primakov and Egypt's president Hosni Mubarak urged delaying any use of force against Iraq in a bid to negotiate a peaceful end to the Gulf crisis.

The drop in prices also coincided with the onset of warmer weather in the United States and the start of President Bush's trip to Europe and the Middle East for private talks with foreign leaders on the crisis. The warm weather also curtailed demand for oil and refined products, analysts said. "This extremely warm weather is putting a damper on demand for heating oil," said Merrill's Barakat. Heating oil closed down 2.25 cents to 84.42 cents a gallon. For the week, it slid 5.82 cents.

Unleaded gasoline ended 2.53 cents lower at 77.63 cents a gallon and down 1.06 cents from a week ago. FINAL 2 DAYS Saturday Sunday November 17th 18th Sapphires Amethysts Aquamarines Opals Citrines Qamets kmpts Farm Credit Bank has drop in profits The Farm Credit Bank of Omaha reported third-quarter net income of $7.8 million this week, down from $11.5 million during the same quarter last year. Earnings for the year to date were $31 million, down from $36.8 million at this time a year ago. a measure as you sift through the sand in our Income was higher in 1989 because aiuru Treasure chest, fcach family is guaranteed one free gem, so everyone's a winner. And there's no purchase the bank posted earnings from changes in its provision for loan losses and from the sale of acquired property, president James Kirk said in a statement released by the farm necessary! er-owned lender, which serves Iowa, Nebraska, South Dakota and Wyoming.

I.nan unlnm. (ha lnnL short-term lender, the Production Credit Association of the Midland, was $523.6 million at Sept. 30, up Our professional associates will be on hand to identify the gems you retrieve, and help you select your favorite. They'll also show you our collection of gold mountings. Hundreds are on sale from Listen for details on irom is6.3 million a year ago.

Mort gage loan volume declined to $2.79 billion on Sept. 30, down from $2.99 billion a year ago. OFFICIAL PUBLICATION (R759) In The Iowa District Court 3303 N.W.86th St. Urbandale, IA 254-0101 Hours: 1 0-9 Sun. 11-5 rar uuouque lounty I.NRETH6MARHIAGEOF: Patricia Mary Saqer and Ahmed Al-Saqer UPONTHEPETITIONOF Patricio Mary Saqer, Petitioner, AND CONCERNING Ahmed Al-Saqer, Respondent.

D.M.NO. 6902 ORIGINAL NOTICE TO THE ABOVE NAMED RESPONDENT Ahmed Al-Saqer Box 61 Failaka, Kuwait YOU ARE HEREBY NOTIFIED that there Is now on tile in the Ottlce of the Clerk of the above court, a petition In the above-entitled action, a copy of which Petition is attached hereto. The name and address of the Petition-er'gattorney Is: David A. Lemanski Fuei ste, Cqrew, Coyle. Juergens Sudmeier, P.C.

200 Security Building Dubuque, Iowa 52001 YOU. ARE FURTHER NOTIFIED that un- Layaway today for Christmas! less, wiimn iweniy uui aavs aner me serviced A little different. A lot better. VISA I ut hii ununigi nuiiie umuh you, you serve, and within a reasonable time thereafter file a written Special Appearance, Motion or Answer, in the Iowa District Court for Dubuque County, at the County Courthouse in Dubuque, Iowa, judgement by default will be rendered against you for the relief demanded in the Petition. Ij David J.

Fransdetil Clerk of the Above Court Dubuque County Courthouse NOTE The attornev who Is 1 a. size sent the Respondent should be promptly advised by Respondent of the service of this no. "31.

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About The Des Moines Register Archive

Pages Available:
3,435,061
Years Available:
1871-2024