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Des Moines Tribune from Des Moines, Iowa • 30

Location:
Des Moines, Iowa
Issue Date:
Page:
30
Extracted Article Text (OCR)

DES MOINES TRIBUNE Friday, September 30, 1977 30 Her firm helps women (and men) find better car deals By Marty Hair (Associated Press Writer) if I LI i' mktt rTs if I Delivery costs range from $65 to $160. Dealers get a bonus from the automakers at the end of the year based on the number of cars they sell. "They're helping themselves," Troy says. "They're making little money per car, but they get a holdback at the end of the year from the companies. The factory pays a percentage of total gross sales, so our cars count just as much as any others." Prices quoted by Troy include delivery to Detroit.

Some of them are $8 301 for a 1978 Lincoln Continental two-door coupe with standard equipment. Suggested retail price is $10,102. Or, for a 1878 Oldsmobile Regency standard sedan, the sticker price is $7,610.50. FAB's is $6,254.38. The biggest savings come on big cars loaded with options.

Savings are less on smaller cars and models in most demand. "We help people by giving them information they may not know about like what engine to get if you're ordering air conditioning." Sandra Bunnell, 32, was in the market for her first new car last fall. She contacted FAB and received a list of five car dealers to contact. Bunnell went to all the dealerships and several others. "I really did some comparison shopping," she remembers.

"I wasn't even sure what kind of car I wanted before I started." But she says she bought a Honda $150 cheaper through FAB than directly from a dealer. During the 1977-model year, about 400 people in Michigan and 20 other states bought new cars, vans and trucks through FAB. One of those was Rowona Lowenstein, 75, of Leawood, who ordered a 1977 Mercury Monarch Ghia through FAB last January. It arrived five weeks later. She said she saved several hundred dollars by going through the broker.

Troy and three other people started FAB with a $1,000 investment This year the budget is $8,000, which covers operating expenses and Troy's salary. As the owner and only fulltime employe, Troy answers letters and calls about new cars and also directs people with car-related problems to the proper agency. She also gives credit information and referrals to feminist insurance agents. It works this way: A person contacts FAB with a car in mind the model and options. Troy quotes a price she says can be more than 20 per cent below a dealership price.

The person is referred to one of the 40 or so Detroit-area dealers that have contracts to do business with FAB. The dealer writes up the order according to the broker price. The cars have the regular factory warranty and most dealers take trade-ins. FAB and the dealer split the profit, about $50 to $100 per car. Buyers outside Michigan can arrange to come to a dealer in Detroit to pick up their cars, or they can be delivered to a dealer in their area.

SOUTHFIELD, MICH. -Barbara Troy started Feminist Auto Broken (FAB) last year to help women get better deals when they bought cars, but more than half of her customers are men. "I'm not really satisfied as a feminist that more men than women buy cars from us," says Troy, 36, who runs the non-profit firm from her living room and advertises only in a National Organization for Women newsletter. "I'm not such a radical feminist that I want to exclude men. But women are a prime target for the cai salesman out Barbara Troy to make a few extra bucks," she says.

Livestock Commodities Securities New York Stocks Futures Prices CHICAGO BOARD OF TRADE (Quotations furnished by Merrtit Lynch, Commodities trade mixed CHICAGO, ILL. (AP) Soybean futures prices were lower on the Pierce, Fenner Smith) NorNGs 2 40 149 40- NoStPw 2.06 22 30 NorSim .76 112 21 Penney 1.41 62 35' Pfiier .96 156 26 I Piltsbryl.28 8 391- Polaroid .80 87 QuakOall.04 32 22Va- RCA 1.20 234 27' Ravthn 1 205 3034 Rockwl 2.20 50 30V, Safewv 2.20 63 SCIHill .68 81 13 V. Sears .96 406 30 SnetlOil 1.60 58 30 SoutnCol.54 177 17... SperryH 1 1 17 v. SperrvR 1.12 237 33' V.

Staler 1 9 2Vk- StCWOh 1.34 70 80141 SuprVal .86 25 26' 4 Tetedn 1.451 220 52' Texaco 2 477 28 Va Textron 1.40 9 26V- i Transam.BO 159 14! UnCarO 2.80 242 41 1 NEW YORK, N.Y. (AP) Following is an abbreviated list of New York Stock Exchange stocks at mid-session Friday. AlktCh 180 58 44 Vi AllisCn 1.10 29 26' Alcoa 1.80 113 43 1 AmCan 2.50 47 38? AEIPw 2 06 256 24 i ATT 4.20 536 63 Apache .70 32 22', ArchrD 97 20Vj I BankAm .94 113 75'. 'A BealFds .96 66 254 Va Bendix 2 31 37 BethStt 1 493 19 Borden 1.56 44 32'a- Branift .30 81 t'k- BurtNo 160 62 43 CatrpTr 1.50 105 55V4 'A CenSoW1.26 112 16V, CenSova .70 It 12! Chrysler 1 341 16 'A Comsat 1 54 31'a 4 ConAgr 1 2 16 ConFds 1.40 20 25 Cowles .72 1 151 Va Deere 1.20 219 26 Disney 16b 183 39 DowCn 1.20 492 30 Va duPont I 130 109 Va Eaton 2 12 36Vi Ftresln 1.10 87 I6'2 va FordM 3.20 286 45'i GenEI 2.20 788 HU4 CnMol6.55e 540 70 lt Goodrti 1.32 135 20'i Va Goodvr 1.30 115 18! Va Grace 1.80 57 27V, Grevh 1.04a 32 13- Va HeinzH 1.44 34 36Va Va Holiday .46 64 U'i Va Honwll 1.90 319 46' IllPowr 2.20 30 27V Va Frl. Close Open High Low Noon Thurs.

WHEAT Oec 2.52Va 2.53 2.51 Vi 2.52V4 2.50 Mar 2.63 2.63 2.61V 2.62 'A 2.61'- May 2.68 2.68 2.67 2.61 2.66 July 2.74 2.74 2.72 2.73 2.72 Sep 2.76'A 2.79 2.77 2.71 2.77 CORN Dec 2.04 2.05 2.02 2.03 203 Mar 2.13 2.14 2.12 2.12vi 2.13 May 2.18V 2.19 2.17 1.171 2.17 July 2.22 2.22 2.20V JJ0 2.21 Sep 2.23 2.23 2.21 2.21 2.21 OATS Dec 1.24V4 1.241 1.23V 1.23V4 1.231 Mar 1.31V 1.31' 1.30V 1.31 1.30V May 1.34 1.34 1.33V 1.33 1.33V July 1.33' 1.33' 1.33 1.33 '4 1.33 SOYBEANS Nov 5.49 5.54 5.38 S.40V 5.44 Jan 5.56 5.62V 5.47 5.49V 5.52' Mar 5.65 5.70 5.54' 5.61 May 5.75 5.71 S.62V 5.65 5.68 July 5.80 5 82 5.69 170 5.73 SOYBEAN OIL Oct 19 30 19.45 19.15 19.16 19.22 Dec 19.60 19.70 19.40 19.44 19.48 Jan 19.75 19.85 19.55 19.60 19.61 Mar 20.05 20.05 19.80 19.87 SOYBEAN MEAL Oct 139.50 140.10 136.50 136.80 138.60 Dec 144.00 145.40 141.50 141.60 143.50 Jan 146.50 148.00 144.20 144.60 146.40 Mar 152.50 153.00 149.50 149.50 151.40 UnOCal 2.20 72 SM Uniroyal .50 68 84 USSIeel 2.20 1532 28 WUnkM 1.40 39 18'- Va WestsEI .97 293 17 OMAHA OMAHA, FRIDAY (AP) (USOA) MOCS barrows and gills 1.00-1.50 lower, mostly 1.25-1.50 lower; trade moderately active; around 300 hd US 1-2 200-230 lb 41.00; US 1-3 195-240 lb sows 25 to moslly 50 lower; 300-MO tt) 36.00-37 00. CATTLE and calves most ot supply feeder cattle lor the auction; too few slaughter steers or heifers for a market lest; scattered sales cows steady; few utility and commercial cows 24.50-25 50; canner and cutter 21.50-24.50. SHEEP none. Estimated receipts Monday: cattle and calves hogs 5,000, sheep 600. NATIONAL STOCKYARDS EAST ST.

LOUIS, FRIDAY (AP) HOCS trading moderate; barrows and gilts 50 to mostly 75 lower; 1-2 190-240 lb 42.25-42.50; 1-3 200-250 lb 42 2-3 240-270 lb 41.50-42.00, few lots 2-4 270-290 lb 40.5O-41.50; sows steady to 50 lower; decline on weights over 450 lb 1-3 300-350 lb 36.50-36.75, 450 -500 lb 37.00, over 500 lb 37.50-3.O0; boars over 300 lb 30.25. under 250 36.00-37.00. CATTLE and calves 150; loo few of any class to fully test prices. SHEEP 25; no price test. PEORIA PEORIA, FRIDAY (AP) (USOA) CATTLE 25; loo few of any class for test.

HOGS trading moderately active; barrows and gilts lower; 1-2 200-230 16 42.50-42.75, about 100 hd 43.00, 1-3 200-240 lb 42.00-42.50; few 2-3 250-270 fb 40.50-41.50; sows lower; 1-3 350-500 lb 36.00-36.50, 500-650 lb 36.50-3t.00, one lot 3150, boars over 350 lb 31.00, under 350 16 2i.00-36.50. JOLIET JOLIET, FRIDAY (AP) (USDA) CATTLE 300; trading moderate on very limited volume; slaughter steers 50 to 1.00 higher; slaughter heifers 75 to 1.00 higher; slaughter sleers load choice 2-4 1,250 42.00; slaughter heifers 2 loads choice 2-4 lb 40.75. HOGS trading moderate; barrows and gilts 50 lower; 1-2 700-2301b 42.25-42.60, 30 hd 42.60; 1-3 200-250 lb 42.00-42.25; sows steady to 1.00 lower; 1-3 350-650 lb 36.50-37.50, few 37.50-38 00. Fiscal year begins WASHINGTON, D.C. (AP) The 1978 fiscal year begins at midnight 29....

24.... Interior hogs mostly lower CHICAGO, FRIOAY (AP) Livestock receipt at principal markets: Cattle Hogs Sheep Peoria 25 3,000 0 Kansas Cilv 100 1,400 25 Omaha 3,700 3,500 0 East SI. Louis 150 5,000 25 SI. Joseph 100 2,000 25 Sioux City 200 5,500 0 South St. Paul 3,300 6,000 700 Indianapolis 50 1,000 0 -Cincinnati 0 0 0 fort Worth 0 0 0 NA-Not Available Interior Iowa and southern Minnesota hog prices Friday were mostly 50 cents lower in slow to moderate trade.

Demand was light to moderate. Mixed grade 200 to 230 pound butchers, with a few to 240 pounds, sold at country points in the interior for mostly $39.50, and at packing plants for mostly $40. Thursday's receipts were 83,000 head. Omaha hogs were $1 to $1.50 lower, mostly $1.25 to $1.50 lower, in moderately active trade. Sioux City butchers were fully $1 lower, with instances of $1.25 lower.

On Thursday, spring slaughter Iambs sold steady in the interior. Wooled lambs sold at $50 to $52. Choice with few prime shorn lambs with No. 1-2 pelts sold at $52 to $54. Friday's estimate was 1,400 head, compared with 1,300 a week ago and 1,100 a year ago.

Thursday's receipts were 1,500 head. wevernr iw Whtrlool I 40 WhileMI 611 Wolwth 1.40 85 ZenitMi 1 737 8'- Va 19 V. 131- ADDITIONAL N.Y. STOCKS Stocks of merest Chicago Board of Trade Friday, and grains were mixed. Soybeans lost about three cents a bushel.

Corn was fractionally lower, while wheat was up 1V4 cents and oats were a bit above the previous close. Although the Agriculture Department's report of a reduced estimate of the Soviet grain crop, down five million metric tons from an earlier prediction, was view as a positive influence, commodities continued to slip. Another depressing factor was an impending longshoremen's strike at Atlantic and Gulf ports. At mid-session, soybeans were 3 to 3 cents a bushel lower, wheat was to 1V4 cents higher, corn was to Vz cent lower and oats were to Vi cent higher. DES MOINES GRAIN Des Moines prices less than carlo! Thursday: Receipts Corn 12 car; beans 6, wheal oats 0.

Feed prices are subiect to wide variations In different sections of the stale due to transportation, handling and storage costs. Soybean meal Linseed 89.10. 100 lb. sack pure bran s6.45-6.t0. 100 lb.

sack pure midds $6.45. Tankage Iowa wheat 2.21Va. CENTRAL IOWA MARKETS Country elevator bids on corn and soybeans in area near Des Moines showed the following Thursday: net sales last cho AmHome 28'a CapHotd 5 2214 Dial Fin 22 17'. 8 23' GnGwIh Ve 20 234 25 30V. IBM 10 260 IntMerv 1.85 104 29 InlMuiti 1 2 19 InlTT 1.76 307 31 '4.

JhnMan 1.60 100 32 Va CHICAGO MERCANTILE EXCHANGE CHICAGO (AP) Futures trading mi the Chicago Mercantile Exchange Thursday: Settle Open High Low CMse Chfl 18 1746 4 21! V. Harsco la Beef laEILP lalllGE lowaPL AAassevF Ngflnhwk NWInd marl .56 188 30 35 264 94 14' Va LIVE DEGr Wll FkE TV.MI IU1 7 16 23 23', Vi, 33 Va 48 A 27'. Oct KetKgg i in 125 Kennel MX 57 KnigtRd I 3 Kraft 2.32 16 Kroger 160 44 Litton .70 38 52'. Va PbSvELG 44 25 Moderate rise for stock list DOW JONES I 30 PM. STOCK AVERAGES 30 Industrials 841.30 1.21 or 0.14 20 transportation 214.55 0.51 or 0.27 15 utilities 112.66 0.29 or 0.26 65 Slocks 288.90 0.11 or 0.06 NEW YORK, N.Y.

(AP) The stock market advanced moderately Friday, drawing support from some favorable news on the money supply. The 12:30 p.m. Dow Jones average of 30 industrials was up 1.21 at 841.30, after a 5.37-point rise Thursday. Gainers outpaced losers by about a 2-1 margin among New York Stock Exchange-listed issues. At Thursday's close the Federal Reserve reported a $1.1 billion drop in the basic measure of the money supply.

Analysts said traders took the news as a sign of some possible progress in the Fed's effort to curb inflation by restraining monetary growth. Another plus in the news background was the Commerce Department report Thursday that the index of leading economic indicators rose .8 per cent in August. The data tended to ease fears of an economic slump in the coming months. Dreyfus Corp. dropped to 9.

The company said its offer to buy back 750,000 of its own shares had been oversubscribed. Volume on the Big Board reached 9.90 million shares by noontime against 9.33 million at the same point Thursday. Dow disputes cancer findings MIDLAND, MICH. (AP) Contradicting another manufacturer, Dow Chemical Co. says it has not discovered a high incidence of cancer among workers heavily exposed to a chemical called ECH.

Dow officials issued the statement Thursday after Shell Chemical Co. reported it found higher than normal cancer rates among workers heavily exposed to the same chemical, epi-chlorohydrin. Shell and Dow are the only two U.S. manufacturers of ECH, an intermediate chemical used in making resins and other chemicals. 12 i ROCklnd 48 30V Dec Jan Feb Apr Jun Aug JU 4i.4V 4I.V 40.85 41 05 40 67 40 17 ...10 39 37 39 75 39 35 39 70 ...30 39 10 39.20 38 90 39.57 ...05 38 70 38 72 38 52 38 67 ...02 3960 39.62 39.40 39.50 .02 39.70 39.85 a39 65 39.65 39 70 39 82 39 60 39 67 ...07 SFInd Lockhd 235 16 Vi Maytg 1.50a 11 29 McOonD .50 100 21' Merck 1.50 165 58 MerrLy .88 107 16 'A MinMM 1.70 562 Va Monsan 110 47 59 Va 44 37V 62 14'.

23 43! 106 43 50 15'A 18 3'. Vi ucr StgDrg SunOH TxEstT UnlonEI W'bago Sales: Ocl 4693: Dec 3718: Jan 125: Feb 1024; April 462; June 215; Aug 48: Oct 22. Open interest: Ocl 9050: Dec 13827; Jan 703; Feb 8730; April 4691; June 3789; Aug 774: Oct 300. FEEDER CATTLE (42,000 lbs) and federal agencies can begin using new appropriations of tax money. By this time next fall, the government will have spent $458.25 billion, leaving a deficit of $61.25 billion.

Ocl Corn No. 2 yellow S3-1 66 Nov Jan Mar Aor May Aug Sep 41.05 41.10 40.6b 40.6 41.82 41.90 41.60 41.60 42 25 42 35 42.25 42.35 ...10 42 40 42.55 42 25 42 25 42 60 42 75 a42 45 42 50 42 80 42.90 842.70 42.70 43.15 43.25 44275 42 75 43.00 Oct 370; Nov 156; Jan March Sam: Briefs apth 54; nnav tu; Aug sep o. Open interest: Ocl 1432, Nov 1449; Jan 43; March 1084; April 396; May 465; Aug 35 Sep 1. LIVE HOGS (30,000 Its) Ocl 39 20 39 40 39.05 39.22 Dec 37 70 37.90 37.37 37.65 Feb 35 50 35.75 35.30 35.40 Apr 32.52 32 75 32 27 32.32 Jun 34 15 34 30 b34.00 34.12 Jul 34 25 34 50 34.25 34.30 10 Aug 33.02 33.15 a32.90 32.97 02 Ocl 31.65 31 70 31.42 31.47 ...05 Dec 31.77 031.85 a3l.50 31.85 07 Sales: Ocl 1466; Dec 1859; Feb 495: April 266; June 33; July Aug 21; Oct 11; Dec 11 Open interest- Oct 4893: Oec 6299; Feb 2893; April 2180; June 501; July 302; Aug 126: Ocl 369; Dec 13. POTATOES (russet-burbanks) (80,000 lbs) Nov 6.25 6.25 a6.05 6.25 .25 650 6.90 1 Jan Mar Apr Mav Sales: Mav 1.

750 7.50 7.50 Nov Jan March April interest: ODD LOTS NEW YORK, FRIDAY (AP) The New York Slock Exchange reported these odd lot transactions by principal dealers for Sept. 29: purchases of 104,501 shares; sales of 257,837 shares including 2.132 shares sold short. Boeing 'stable after contract cancellations SEATTLE, WASH. (AP) Oliver Boileau, president of Boeing Aerospace says cancellation of five military programs this year has interrupted a promising growth cycle and will require the company to do some rebuilding. Despite the setbacks, Boileau said success in winning other contracts has enabled the company to maintain relatively stable employment.

The cancelled programs include B-l avionics production, SRAM-B, Minuteman 3 production, Compass Code unmanned reconnaissance vehicle and the B-l air-crew instructional system simulator. New opportunities for the company include putting cruise missiles on the aging B-52. Liquidate Kaiser Aetna partnership HARTFORD, CONN. (AP) -Kaiser Aetna, a real estate partnership between Aetna Life Casualty and Kaiser Aluminum Chemical has been liquidated. The partners each held 50 per cent interest March Nov 31; Jan upen ic- in uu ta SHELL EGGS (22,500 dez) Ocl 4315 44.50 43.50 44 50 .35 Nov 50 60 051.05 50.15 50 90 ..05 Dec 53.25 53.70 52.75 53 60 I0 .10 51.15 51.15 50.75 51 05 Nov 213; Dec 310; jan Sales: Oct 22; Jan Over-the-Counter Stocks DES MOINES CnWstn 13 1314 ia Friday Dico 29e 3'4 Prices Edgrfy 2Va 3V4 Bid Ask Hertge 4 5 LelsT 1 l'i Advnlrlnd IV 2'A MAmPb 2 Alov Vlt 246 MCnlln 74 8Va AmBeef 4b MlrRec 2 Vlt AmEolv 6 7 NtData a VA Artway 6 7 NIProp 24 3' Brill iVi 3' UtdFr 25' 26' 10M I IV USHms I' 2' ChmMfg IHa 17' Vernon 10 Open interest: Sep 12; Oct 79; Nov 734; Dec 1018; Jan 74 PORK BELLIES (34,000 lbs) Fed 49 17 49.25 48.15 48.40 Mar 47.40 47.75 46.70 46.90 May 47.02 047.25 46.30 46.45 Jul 47.25 047.30 46.60 46 75 Aug 45 00 045.30 44 70 44.85 Sales: Feb 4809; March 540; May 196; July 22 Aug 5.

Open interest: Feb 4936, March 2010; Mav 1085; July 415; Aug 157. Bid; a Asked; Nominal LUMBER (100,009 bd ft) Nov 18520 185 50 183.60 184.10 Jan 186 50 186.90 185.00 185.70 ...60 Mar 191 50 192.60 19 1 00 192.10 ..50 Mav 196 10 197 90 196 10 197.80 ...90 Jul 201.00 702.00 200.80 202.00 ...80 Sales: Nov 822; Jan 350; March 115; Mav 52; July 27. Open interest: Sep Nov 2388; Jan 1598; March 1120: Mav 630: July 425. Produce Market IOWA PRODUCE Following Is Friday's report on Iowa egg and poultry markets as reported by Fed-Stale Market News: EGGS Incentive mediums mostly prices 2c lower, balance unchanged; demand ranges light to good, mostly light to moderate; supplies adequate to ample on large and mediums; undertone about steady. Prices paid par dozen to producers at farms, cases exchanged.

Eggs priced under buyers quality and volume Incentive: Grade A large 38-43C, mostly 39c; A medium 31-34c, mostly 32; other farm eggs A large or better 28-38C, mostly 30-33c; A medium 20- 28c, moslly 20-24c; large 14-24C, mostly 21- 24C. WEST NORTHCENTRAL STATES LIVE HENS, Ugh! type market oeneraHv steady; orloa Soybeans No. 2 yellow IOWA REGIONAL MARKETS Iowa elevator bids on corn and soybeans by the federal-state grain market news office in Des Moines Thursday. Price per bushel No. 2 No.

1 Region Yeaow Yeaew Corn Soybeans Northwest S1.3I-1.S6 S4.ea-5.00 North-Central 1.51-1.S9 4.88-5.10 Northeast 1.48-1.59 4.84-5.00 Southwest 4.75-5.07 South-Central 1.50-1.61 4.90-5.11 Southeast 1.53-1.62 4.87-5.10 Lockheed cuts debt load; changes name BURBANK, CALIF. (AP) -Lockheed Aircraft Corp. held its first shareholders meeting since 1974 Thursday and outgoing Chairman Robert Haack, who has guided the giant aerospace firm through 20 turbulent months, drew applause when he noted that Lockheed's lending banks are dropping the controversial $250 million government loan guarantee that averted a bankruptcy in 1971. Hack noted that Lockheed has repaid $190 million of the loans. He said the newly negotiated $100 million credit line with the firm's bankers prohibits payment of dividends, as did the government loan guarantee, but said he hoped payouts could be resumed in the near future.

He said third quarter results would be "quite encouraging" and noted that Lockheed's over-all debt load had been cut $265 million during his tenure. The shareholders approved a resolution changing the company's name from Lockheed Aircraft Corp. to Lockheed Corp. Haack said the change was needed because Lockheed is now involved in many non-aircraft fields. Haack expressed "cautious optimism" on prospects for the L1011 TriStar, the jumbo jet that engulfed Lockheed in a worldwide scandal after disclosure that the firm had made as much as $38 million in questionable payments to spur sales abroad.

Lockheed wrote off $52.7 million in TriStar development costs in the first six months of 1977 but nonetheless posted first-half earnings of $25.5 million, up from $22.2 million in the same period last year. Haack noted that Lockheed's other programs have been consistently profitable and said the company's total order backlog is now more than $4 billion, a $1 billion gain from last year at this time. Roy Anderson, a 21-year Lockheed veteran who is succeeding Haack as chairman, said Haack "would be a hard act to follow" and led the shareholders in applauding the former president of the New York Stock Exchange. Construction rose in August NEW CONSTRUCTION contracts in August were 46 per cent higher than in the same month last year, with all sectors of the industry showing sharp improvement, according to a McGraw-Hill division's report. The total value of new construction contracts was $14.2 billion, compared with $9.75 billion in August, 1976.

For the first eight months of the year, the value of contracts was $93.7 billion, up 26 per cent from the same period a year ago. Housing and utility construction, which have led this year's upsurge, continued to contribute to the improvement last month, the report said, adding that August was the best month since before the recession for commercial, industrial and other nonresidential building. BANK OF AMERICA reported new housing starts in California decreased in August to a seasonally adjusted annual rate of 250,000 units, down 9.1 per cent from the July rate, but up 19 per cent from the year-ago level. Single family units continue to account for f'xmt two-thirds of the total starts, the bank said. PIZZA HUT, Inc.

will hold a special meeting for stockholders Nov. 7 to consider final approval of a proposed merged with PepsiCo, Inc. Shareholders of record as of Friday, will be eligible to vote during the session at the firm's headquarters in Wichita. The proposed merger has been approved by the boards of directors of both companies, the spokesman said, and a decision on the merger by the Securities and Exchange Commission is expected shortly. IN A DECISION handed down last week, the United States Court of Appeals for the Second Circuit reversed a $2,250,000 antitrust verdict rendered in 1976 against Whirlpool Corp.

and Sears, Roebuck Co. in a suit brought against them by Oreck Whirlpool said. The Court of Appeals remanded the case to the U.S. District Court for the Southern District of New York for a new trial, Whirlpool said. The suit alledged a conspiracy between Whirlpool and Sears to exclude Oreck from the vacuum cleaner market ROHR INDUSTRIES, Chula Vista, reported earnings of $1.1 million in the fiscal year ended July 1, following losses of $52.1 million in fiscal 1976 and $7.6 million in fiscal 1975.

CANADIAN NEWSPRINT shipments to United States consumers in August totaled 530,403 tons, the highest level since December, 1976, and up 8.7 per cent from July, according to the Canadian Pulp and Paper Association. Analysts attributed the improved level to a build-up of inventory in anticipation of increased newsprint usage in the fourth-quarter. R. and T. to purchase radio stations MADISON, WIS.

(AP) Capital Times Co. stockholders have voted to sell Madison radio stations WIBA-AM, a CBS affiliate, and WIBA-FM to The Des Moines Register and Tribune Company. The five trustees of the William T. Evjue Charitable Trust voted 3-2 on Thursday to sell the stations for the Iowa firm's purchase offer of $2,150,000. The trust, which owns the majority of the Capital Times Co.

stock, is named after the late founder of the stations and the Capital Times, Madison's afternoon daily newspaper. Stockholders voting to sell the stations totaled 45,160 shares, compared with 11,586 shares for those opposing the sale. In Des Moines, an officer of The Register and Tribune said the purchase contract is to be signed on Saturday. He said no changes are planned in the management or operation of the stations. The sale, he noted, is subject to approval of the Federal Communications Commission.

The Des Moines Register and Tribune Company owns The Des Moines Register, The Des Moines Tribune, The Des Moines Sunday Register and the Jackson (Term.) Sun. It also owns and operates WQAD-TV in Moline, 111. METALS NEW YORK, FRIDAY (AP) Spot nonferrout metal prices: copper 60Hc U.S. destinations; lead 31c lb; line 34c lb, delivered; tin S59079 lb, New York; eotd $154.20 per trov ounce. New York; silver 14.660 per trov ounce.

New York; Quicksilver 1140.00 nominal per flask, New York. Pittsburgh scrap steel No. I heavy Ml. 00-142 00. Of the thousands of smart Iowans who made a purchase at Eastgate Shopping Center in the past year, 83 regularly read the Des Moines Sunday Registeij ranged unchanged to higher In light trading; demand moderate midwest, good east and south; supplies uneven ranging adequate midwesl, short outside of area.

Cents per lb at farm commercial flocks IVi-c CHICAGO PRODUCE CHICAGO, FRIDAY (FED-STATE) Prices to retailers; sales to volume buyers, consumer grades, white eggs In cartons, delivered store door: A extra large 5-59c; A large 52-54c; A medium 47-49C BUTTER AA 1.02; A 1.00; 1.00. NEW YORK PRODUCE NEW YORK, FRIDAY (AP) (USDA) Butter offerings steady, prices unchanged. Cheese offerings steady, prices unchanged. IOCS Prices lo retailers, sales to volume buyers, consumer grades, white eggs kt DRESSED POULTRY North Atlantic cartel and Irucklot turkey markets, US gr ready-to-cook, froien, f.o.b. or equivalent: trading activity on the light side; many of the heavy volume shipp-ments were either previously priced or arranged to shift on an open price basis; gr hens and 14-22 lbs toms sold at 54, or A and unbasted nans sold at Si tor November delivery; boneless skinless breast meal In tight offering with Interest to buy unsatisfied at 1 46; sales reported: hens 8-14 lbs 56; young tarns 14-26 lbs 57, 26-28 lb 59-eO; offerings reported: fryer roasters 4-9 fcs 57; hens 8-14 OS 56; young toms 14-26 fes 57-58, 24-28 kt 59-40, 28 30 tot 67, lbs and up 70.

Squabs and ducklings unchanged. Revenue Revenue is another term for income or cash receipts. and 77 are regular readers of the daily Register and Tribune. (We said they were smart, didn't i -VIV 4 it. 4 ira 4" 0 r-, A -in" 'iA.

1 ti.t, 4.aSj a I ti a tt laii-- 11 1. (fir -fi i-ie) I 1lanj aS a 8, 1 a ai.

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