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The Pantagraph from Bloomington, Illinois • Page 36

Publication:
The Pantagraphi
Location:
Bloomington, Illinois
Issue Date:
Page:
36
Extracted Article Text (OCR)

FarmBusiness Jan. 21, 1981 SECTION Hay stocks Bloomington bank sues Contarino's Four area farmers find solid-seeded beans pay payments increased to 23.5 percent. "We had several negotiating sessions with the bank and thought we were making headway," said Contarino. "It's my opinion that we have to work together in bad times as well as good times." Contarino said he is trying to interest several people to invest privately in his business. "We've got a viable business and we're going to remain in Contarino said.

The loan agreement, Prall said, includes a clause which gives the bank the right to take over the jewelry firm's inventory, furnishings and equipment if loan payments are not made. Contarino said increased interest rates and the poor economy made it difficult for him to meet interest costs as well as monthly payments on the loan. Officials at the bank, 121 N. Main St. refused to comment.

By Dave Haake National Bank of Bloomington Tuesday sued a Normal jewelry firm to take possession of the firm's inventory, furnishings and equipment in recovering $395,629 due on a loan. The suit was filed against John and Mary Contarino of Contarino's Jewelry, 203 North Normal, in McLean County Circuit Court. No hearing has been set, but the case probably will be heard within two weeks, said G. Michael Prall, attorney for the bank. Contarino said the suit stemmed from a $360,000 loan he obtained from the bank in late 1979.

Floating interest rates on that loan made to finance operation of the business was pegged at 2 percentage points above the prime rate charged the bank's best customers. The jeweler said he paid 14 percent on the loan originally, but the national increase in prime rates to 21.5 percent in December meant that his interest Knoblauch and his brothers decided to give solid-seeded beans a go. They initially planned to start out slow planting 40 acres. But the Knoblauchs kept talking to others who had tried the practice, and changed their minds they solid seeded 800 acres instead. The Lowpoint farmer said the family's solid-seeded acreage has been in south central Iowa.

Three Knoblauch brothers and four nephews farm 1,400 acres in Illinois and 2,400 acres in Iowa. Of the 1,200 acres of Iowa beans, 1,100 acres are drilled. "We didn't have to prove that yields were better from solid-seeded beans. That had been proven in test after test," said Knoblauch. "It cuts erosion, makes harvesting easier and there's no cultivation.

And, I hate to cultivate." Furthermore, he added, the costs of producing solid-seeded soybeans is about the same as producing them in wide rows. Further details on solid seeding, in general, and for the four farmers mentioned will appear on the farm page later this week. January retail beef prices drop 3 cents from December That percentage goes all the way from 5 or 6 percent to 20 percent. Any way you look at it, you're guaranteed of a 10 percent increase." Schlutter added that the cost of producing drilled beans is no greater than the cost of producing beans in 30-inch rows. The same amount of chemicals are applied, the seeding rate is increased somewhat, but the cultivation is eliminated, he said.

Because erosion control is greater, combining easier and cultivation eliminated, Schlutter said he would probably solid seed soybeans even if there was no yield increase. Schlutter has been drilling beans for six years, and now has all his bean acreage drilled slightly more than 500 acres. He and a son farm about 1,100 acres. Elmo Springer decided to try solid-seeded beans about three years ago when his sons talked him into trying the practice after having spent a hot summer day walking wide-row beans. The Stanford area farmer said yield response has been about 4 bushels per acre better than when he was planting beans in wide rows.

"I went to solid seeding because it looked economically feasible. I worked it all out on paper, and decided to try it," said Springer. "We thought we needed a three bushel per acre increase to make it pay (compared to wide-row beans). So, from that view, we made a good move." Springer and his son, Jeff, farm 800 acres about half in soybeans. About two years ago, Burton IWU credit union assets set record Assets of Illinois Wesleyan University Federal Credit Union increased $44,291 to a record $150,390 at the end of 1980, treasurer Max Starkey reported Tuesday at the group's annual meeting.

A 7 percent dividend for the final quarter of 1980 was declared. The credit union has 198 of a potential 285 members at the university. R. Dwight Drexler, Ron Campbell and Darcy Greder were elected directors. Dr.

Lloyd Bertholf was re-elected credit union president. Drexler was elected vice president and Starkey and Roger Brucker were re-elected treasurer and secretary, respectively. A i 1 fV. DENVER, Colo. Retail beef prices in early January were down from a month earlier, according to the National Cattlemen's Association.

The association's 19-city survey of supermarkets showed that the national average price of five beef cuts on Jan. 8 was $2.39 per pound compared with $2.42 on Dec. 11. NCA's five-cut average price decreased during the past month in 11 cities, increased in six and was unchanged in two. Among the five cuts, the average prices of ground beef, round steak, sirloin steak and chuck roast showed decreases, while the T-bone steak average increased.

Production of beef and other meat has continued large in recent weeks, said NCA President Merlyn Carlson, and that is a principal reason for lower FARMERS! Production contracts for 1981 are available for the following varieties. All prices based for fall delivery to our elevator at LeRoy," III. YELLOW WAXY C0RN-5 under Dec. CB0T futures (EXAMPLE: ON 11981; WASHINGTON (AP) Stockpiles of hay this winter are at their lowest level in four years, the Agricultural Department said. As of Jan.

1, according to the Crop Reporting Board, hay stocks on farms were estimated at 92 million tons, down 15 percent from the reciord high of 108.2 million tons a year earlier. Officials said that was the lowest Jan. 1 inventory of hay stocks since 1977. Farm Series to focus on marketing CLINTON The third seminar in the DeWitt County Farm Bureau Super Farmer Series will be on beginning marketing. The seminar, which will start at noon on Tuesday, is especially designed for beginning marketors.

Reservations are required and can be placed by calling the Farm Bureau office in Clinton at (217)935-2126, or in Farmer City at (309)989-3097. Lunch will be served. Dixon Springs Ewe lambs line up at the baylage feeder at the Ag Center here. Lambs at the Center are weaned at about six weeks of age and then finished in confinement. Those used as replacements are removed from the fattening pens and grown on a 50-50 percent roughage-concentrate ration.

(U of I photo) EAST ST. LOUIS LIVESTOCK NATIONAL STOCKYARDS, III. (AP) -Hogs: 5,500, trade fairly active; barrows and gilts 50 higher; 1-2 200-240 lb 42 00-42 25, 1-3 230 260 lb 4100-42 00, 2-3 250-270 lb 40 00-41 00 270-290 lb 39.00-40 00. sows higher; 1-3 300-500 lb 35 50-37 00, over 500 lb 38 00-39 50; boars over 300 lb 33.50 200-300 lb 35.00. Cattle and calves: 400, slaughter steers 50 to mostly 1.00 lower; limited supply slaughter heifers 1 00 lower; cows mostly 100 higher; bulls weak to 100 lower; supply mainly slaughter steers and cows, with several lots 4-5 slaughter steers and heifers; slaughter steers mixed choice and prime 3-4 lb 58 25-60 00 4-5 lb 54 50-57 75; choice 2 4 lb 61 50-62 50, package 2-3 1,145 lb 63.25, slaughter heifers mixed choice and prime 4-5 lb 52.00-54 00, YG 5 lb 47 00-49 50; choice 2-4 lb 58.00-59 50; cows utility and commercial 2-4 38 00-42 00; boning utility 1- 2 42.00-44 00, cutter 1-2 37.00-42 00, canner and low cutter 1-2 34.00-37 00, bulls YG 1-2 lb 48 individual YG 1 1,180 lb 54.50.

JOLIET LIVESTOCK JOLIET. Ill (API Hogs: 1,200. trading moderately active; barrows and gilts steady to firm; 1-2 210-240 lb 42 50-43 25 1-2 240-250 lb 42.00-42 50, mixed 1-3 200-250 lb 40 1-3 250-280 lb 38 00-40 25, 2-3 280-300 lb 37 00-38 00, sows steady, 1-3 350-400 lb 35.50 200-250 lb 33.00-37.50. Cattle: 1,500, trading active; slaughter steers and heifers steady to mostly 50 lower, tew instances 1.00 lower; slaughter steers mixed high choice and prime 3 few 4, lb 63 3-4 62 00-63 00 3 loads choice 2-3 ib64 00, choice 2- 4 lb 62 mixed good and choice 2-3 lb 62.50-63 00, slaughter heifers mixed choice and prime 3- 4 950-1, 100 lb 61 50-62 00, 3 loads mostly 4-5 lb 60 00, choice 2-4 lb 61 load 62 50. PEORIA LIVESTOCK PEORIA, III.

(AP) Hogs: 3,500, trading active; barrows and gilts mostly steady, 1-2 200-240 lb 42 about 350 lb 42 75-43 00; 1-3 200-240 lb 41 00-42 00 240-260 lb 39.50-41.00 260-280 lb 38 00-39 50 2-3 280-325 lb 37 00-38 00; sows steady to 1 50 lower, most decline on weights over 500 lb 1-3 350-450 lb 36 00-36 50 450-500 lb 37 00-37 50 500-650 lb 37 50-39 00, boars over 350 lb 35.00-35.50, under 350 lb 32.00-37.00. Cattle: 1,300, trade slow on slaughter steers, active on heifers; early sales on steers 1.00 lower; heifers lower; cows steady to 1.50 lower; bulls steady slaughter steers choice 2-4 lb 62 00-63 00, load 1,182 lb 43 50; mixed goolS0m2 choice lb 40 slaughter heifers choice and prime 2-4 1.000-1,075 lb 42.25-42 50, choice 2-4 9 50-1 0S0 lb 41.00-42.00; mixed good and choice 850 1,000 lb 57.00-59 00; cows utility 2-3 39 few 42.00, cutter 37 00-40 00 bulls YG 1-2 lb 48.00-53 00, individual 2,200 lb 46.00. CHICAGO PRODUCE CHICAGO (AP) Midwest egg price report; wholesale buying prices Wednesday were unchanged; Class l-large 65 Class 2-large 62; mediums 60, smalls 51; nest-run breaking stock 43; checks 38 (USDA) Butter: Issued only on Tuesday, Thursday and Friday. Major potato markets FOB shipping points U.S. 1A Tuesday In 100 lb sacks-Minnesota North Dakota round reds 13 Idaho russets 11.50-12 00; Washington russets 10.50; Wisconsin russets 12 Oregon russets 11 50 12 00; 501b cartons: Idaho russets 23 00-24 00; Wisconsin russets 20.00; Washington russets 21 00-22 00; Colorado russets 22 00-24 00; Oregon russets 19.00-20 00.

CHICAGO CASH GRAIN CHICAGO (AP) Wheat No. 2 hard red winter 4.30n Wednesday; No. 2 soft red 1 winter 4 60n. Corn No. 2 yellow 3.61n (hopper) 3 49n (box).

Oats No. 2 heavy 2.30Vin. Soybeans No. 1 yellow 7.4fin. No.

2 yellow corn Tuesday was quoted at 3 60'4n (hopper) 3.444n (box). By Chris Heiser Pantagraph farm editor PEORIA Solid-seeded soybeans are here to stay and four area farmers attested to that fact Tuesday before more than 500 persons attending a solid-seeded soybean seminar here. The meeting was sponsored by the Land of Lincoln Soybean Association, Asgrow Seed Fesco Inc. and BASF Wyandotte. Mark Freed of Lexington figures he and his dad, Franklin, get a yield boost of about 10 bushels per acre each year from 8-inch row beans compared to wide-row (30 inch) beans.

"For the most part, our soil is thin and rolling," said Freed. "So, drilling the beans is a big erosion plus. Even if there was no yield advantage, we would still drill the beans for that reason." The Freeds started planting drilled soybeans about seven years ago. At first, they seeded only 200 acres solid. "We kind of tiptoed into it because we were afraid of (lack of) weed control," said Freed.

But with some advice from JJm Kinsella, BASF representative, and some experimentation, the Freeds were able to keep tabs on their weed problems. Now they drill all their beans about 600 acres. The McLean County young farmer said he plans to study some different varieties next year. At present, Freed said he has been most satisfied with Asgrow 3127 and 2858. All in all, the father-son team farms about 1,200 acres.

Another "veteran" of solid seeding, B.G. Schlutter of Ogden, said he doesn't believe there are any "cons" to the practice. "Anybody not drilling soybeans is making a mistake," said the Champaign County farmer. "We get an average 10 percent yield advantage. Crops clinic planned for Iroquois farmers WATSEKA University of Illinois crop production specialists will offer suggestions on preserving soil productivity, avoid herbicide damage and planning 1981 money needs Jan.

26 at the Iroquois County Crops Clinic. The meeting will begin at 9:30 a.m. and conclude at 3 p.m. Location of the meeting will be the Watseka Legion Hall. STOCK MARKETS DOW-JONES AVERAGES At tht clost Tuesday Courttsy Stiftl, Nicolaul Co.

30 Industrials 950.68 off 20.31 20 Transportation 394 S8 off 8 67 15 Utilities 1 13 80 off .55 65 Stocks 369 42 off 7 04 Volume 42.150.000 30 DOW-JONES INDUSTRIALS Tues. Nat Close Change Alcoa 64 1 'it -14 4 4 'I '4 -l'4 -I 'J Vl -l'a 4 -14 1 4 44 4 '4 -14 -I Wj -44 -IV Va Vi 4 44 4 4 -I 4 -1 bid 44 'i -l'4 Allied Chemical 50 American Brands 78'8 American Can JOV. 50V! Bethlehem Steel 2Vb DuPont Chemical 42 Eastman Kodak 69vi Exxon 78'4 General Electric 594 General Foods 30'a General Motors 44 Goodyear Tire 174 IBM 64 International Harvester 23a International Nickel I84ii International Paper 41' Johns-Manville 24 Merck 64'j Minnesota Mining 61 Owens Illinois Glass 25 Proctor 8, Gamble 68' Sears, Roebuck 154 Standard of California 97'i Texaco 44 Union Carbide StVt United Technologies 57Va U.S. Steel 23v yvestinghouse 28's VVoolworth 241i AREA STOCKS Archer Daniels 34' Carson Pirie Scoff 21 Caterpillar 56 Central Soya 16 1344 CIP ll'4 CPC International 61 vk Dekalb Products 47 Dynamics Corp 84 Firestone 10'4 Fleetwood Enterprises 9'4 General Telephone 26'a Illinois Power 17? K-Mart IB'i Kroger 204 Lucky Stores 14'i Modine 19'4 Monsanto 71 NICOR 38' O's Gold Seed 3'4 Owens Corning 26'a Ozark 544 Paost 144. C.

Penney. 22 Phillips Petroleum 554 PPG Industries 424 Ralston Purina II! Revere Copper 16' Rockwell International 4044 R.R. Donnelty 35 Southwest Forest Ind 23'A Standard of Ind 74 Steak 'N Shake 2' Wallace Business 24'4 Wickes Lumber 14 bid 4 'A V4 4 44 4 bid 4 CASH GRAIN These quotations represent the best possible estimate of cash-grain prices at country elevators in the area served. They are based on the highest bids available, including rail bids at all terminals and subterminal markets served by this area, as well as truck bids for river points. Prices will vary slightly because of normal differentials and transportation.

According to late afternoon market quotations, elevators were paying about these prices: Mon. Tim. Corn, No.2 3 3 Soybeans, No. 1 7 36-7 41 7.43-7.48' MARKET INDEXES I'nlttd Press International NYSE Index 75.61 off 149 345.28 oft 2.75, 950 68 off 20.31 1 131.65 off 2.72 1 ASE Index Dow Jones Ind SP 500 Latest commodity, stock reports- WHITE WAXY C0RN-12 (EXAMPLE: on 11981; AMYL0SE CORN-601 over Dec. CB0T futures (EXAMPLE: on 11981; 60' Growers may price grain based on Dec.

futures from contract signing until 12181. A program is also available for deferred pricing and payment after Jan. 1, 1982. Grain may be delivered direct from your farm to our elevator No waiting in long harvest lines! For further information: Contact: BEAR Specialty Grains, Inc. average wholesale and retail beef prices.

Carlson noted that retail beef prices have been declining or holding steady for the past several months. The NCA retail average for January was the lowest since last May. Taralan to offer production seminars i Two crop'production and profit seminars will be offered by the Taralan Corp. one at the Springfield Heritage House Monday and another at the LaSalle-Peru Holiday Inn Feb. 10.

Each session runs from 9 a.m. to 4 p.m. Topics to be covered include: phosphorus in soils, technical tillage and choosing corn hybrids. over Dec CB0T futures 12 $3.88 V4) St. Normal or LeRoy 1-800-322-3394 a lot of talk about.

see your local Dienei Seed Dealer ot call: Reynolds IN 47980 (219) 984-5837 305 S. Linden 306 W. Center St. Call Toll Free LunchtllTIG CHICAGO BOARD OF TRADE Open High Low Close Prev. bu; per bu Mar 4 91 4 96 4 87Vi 4.93'j 4 93'4 May 5.02 5 05 4.98'i 5 03'i 5 04 Jly 4 92 4 96 4 89'i 4.92'i 4.94 Sep 5 05 5.03 5 07 5 07V2 Dec 5.25'i 5.22'4 5.28 5.27 Monday sale 100,610 a S.Monday open in'erest 312,780 off 16,690.

Corn 5,000 bu) per bu Mar 3.74V1 3.6V1 3.73'a 3.76'i 3.7444 May 3 83" 3 86 3 8244 3 8544 3.8344 Jly 3 86 3 8944 3 86 3 89'-. 3 8644 Sep 3.81 3 84 3 80: i 3 84 3.8IV1 Dec 3.75'4 3 78''4 3 744a 3 7 744 3.761! Mar 3.85 3 87'i 3.84 3 87 3.86 Monday sales 228,910 contracts; Monday open interest 1,266,380 off 2,655. Oats 5,000 bu; per bu Mar 2.23'j 2 25'j 2 23 2 25'4 2 2344 May 2 27 2 29 2 27 2.29 2.27'j Jly 2 25'i 2.26V1 2.25'4 2 26Vj 2 25 Sep 2 21 'i 2.22'j 2.21 2 22Vi 2.22 Dec 2.26 2.2744 2.26 2 2744 2 27 Monday sales 2,840 contracts; Monday open interest 32,465 up 380, Soybeans 5,000 bu; per bu Jan 7 55 7 67 7 55 7 66Vi 7.56VJ Mar 7 73 7 87Vj 7.73 7.85 7 78 May 8 06 8 15 8 03 8 12 8 Jly 8 25 8 37' 8 25 8 8 284a Aug 8 40 8 46 8 36 8 4 2 8 Sep 8 40 8 44 8 371 6 39 8 41 i Nov 8.47 8 52'i 8 42 8 45 8 Jan 8.66'2 8.71 8.62 8 66 8 66'i Monday sales 229,975 contracts; Monday open interest 724,730 olf 16,490. Soybean lbs; cents per lb Jan 23.85 23 90 23.60 23 62 23 85 Mar 24 35 24 40 24 15 24.25 24,37 May 25.20 25 25 25 05 25 10 25 23 Jly 26.00 26 04 25 84 25 95 26 03 Aug 26 30 26 40 26 20 26 20 26 30 Sep 26 65 26 80 26 55 26 55 26 65 Oct 27 10 27 15 26 90 26 90 27.10 Dec 27 40 27 50 27 35 27 35 27 45 Jan 27 60 27 60 27 50 27 45 27 52 Monday sales 11,678 contracts; Monday open interest 60,272 off 632 Soybean Meal 100 tons; 1 per ton Jan 221.00 223.00 219 20 222 50 220 70 Mar 226.50 230 00 226.00 229.80 226 90 May 235.00 238.50 234.50 237.50 235 50 Jly 241.10 244.50 240.50 244 30 241.50 Aug 243 00 246 50 243 00 246 50 243 80 Sep 245 00 247 00 245.00 247 00 246 50 Oct 245 50 245 50 243 50 245 00 245 00 Dec 245 50 247 00 245 00 246 40 247 00 Jan 248.50 249 00 248 00 249 00 249 50 Monday sales 9,090 contracts; Monday Open interest 54,303 up 80. Open interest reported in thousands of bushels.

MARKETS AT A GLANCE NEW YORK (UPI) Markets at a glance at the close on Tuesday: Stocks Sharply lower in moderate trading. Bonds Mostly lower. American stocks Sharply lower In moderate trading. London stocks Closed higher In moderate trading. Cotton futures Mostly lower.

Gold futures Higher. Chicago groin futures Wheat closed off l'4 to up 1 cent, corn up 2' to 1, oats up to '4, and soybeans up 8 to off i cent. STOCK AVERAGES NEW YORK (AP)-Dow Jone II am. Stock averages: 30 Industrials 947 IB dn 3 50 20 Transportation 392.94 dn 1.94 15 Utilities 113 73 dn 0 07 65 Stocks 348.08 dn 1.34 ST. LOUIS PRODUCE ST.

LOUIS (AP) Missouri Egg Market, week ending Jan. 16: A Large, 54.00-41.00, mostly 54.00 55 00; A Medium, 49 00-57 00, mostly 49 00-50 00; A Small, 40 00-45 00, mostly 40.00-42 00. Ready-to-cook broilers and fryers, 50.00-51 SO, this week's delivery. CARLOTS DES MOINES, Iowa (UPI) Midwest carlot fresh cut beef trade: Beef trade and demand good; steer beef 2.00 to 3.00 lower; heifer beef 1.00 to 2.00 lower; choice 500-800 lbs. steer beef 97.00-98.50; choice 600-900 lbs.

84.00-96 00; good 600-900 lbs. 95 00; choice 500-700 lbs. heifer beef 8400-96 00, good 500-700 lbs. 91.00-93.00. soybean seed source for your specific soil CHICAGO (UPI) Closing range of meat futures prices traded on the Chicago Mercantile Exchange Tuesday: Open High Low Close Prev.

Livt Beef lbs; cents per lb Jan Feb Apr Jun Aug Dec Feb 63 20 63 20 62.90 62 WA 63 75 65 10 69 20 65 2 7 64 52 64 92 69 30 68 40 68 82 65 70 69 62 71.70 72 05 71 20 71 87 72 02 72.2t 70.35 71.60 72.25 72.35 72.05 72.10 71.50 71.70A 71 97 72 55 72 55 50 72.50 72 55 Est. sales 18,718 contracts; Monday Monday open interest 46,948 off 541. Feeder lbs; cents per lb Jan 74 25 74 80 73 35 73 37 74.80 Mar 74 70 75 65 74 40 75 57 75.17 Apr 75 65 76 60 75 25 76 55 76 20 May 75 70 76 85 75 45 76 82 76 30 Aug 76.35 77 00 75 80 77 00 76 60 Sep 75 70 76 60 75 50 76 60B 76 00 Oct 75.27 76.50 75.57 76 50 75 52 Nov 76.30 76 80N 76.80 Est. sales 1,925 contracts; Monday Monday open Interest 9,289 up 49. -I- Llve Hogs 30.000 lbs; cents per lb Feb 45.40 45 87 44 90 45 72 45 .5 Apr 46.45 47.12 46 10 46 9 5 46 Jun 51.10 52.17 50 90 52.07 51.1 Jly 52 05 53 37 52 02 53.22 52 1 Aug tf 90 52 70 51.52 52 45A 5lm7 Oct 50 50 51.50 50 50 51.00A Dec 53.32 54 2 5 53 32 53 60A 53 Feb 56.65 56 90 56 .05 56 90 56 7 45 52 46 55 51.15 52.15 5lm77 51.50 50 50 51.00A 50.55 54 25 53 32 53 60A 53 52 56.90 56.05 56.90 56.75 56.90 56.55 56.90 56.60 Apr ESt.

sales 9,570 contracts; Monday 8.414; nnonoay open interest oft 1,195. Frm Prk lbs; cents per lb Feb 51.15 52.70 50.60 52.47 51.35 Mar 51 85 53 70 51 65 53.15 52 35 May 54 05 55 60 53 65 55.52 54 32 Jly 56 00 57 60 55 65 57.50 56.32 Aug 55 00 56 75 54.85 56.70 55 30 Est. sales 8,785 contracts; Monday Monday open interest 19,199 off 52. NY Mtrctx Lean Beef 36,000 lbs; ctnts per lb Mar 122.10 122.70 122.10 122.12B 123.60 May 126 80 127.48 126.80 126 80 A 128 .30 Jly 131.50 1 31.50 1 31.20 131 20A 132.70 Sep 136 00 134 80 134.80134. iOA Ie6 30 Jan 142.00 142 00 142 8p 141.50 I42 0O Est.

sates 96 contracts; Monday 76; Won-day open interest 726 off 4. Settlement prices on close and previous A-Ask; B-Bid; N-Nominal. IS MOST ACTIVE STOCKS NEW YORK (UPI) The IS most active stocks in New York Stock Exchange lumpusfie irauing ar 4 p.m. I uesoay. Last Sony Corp I Corp Sears Roebk LTV CorpA Crum 8, Fostr Am Occdntl Petri Mobil Corp City Invest Digitial Eqpt Tandy Corp Burroughs Cp Fed Natl Mtg Texaco Inc Cdn Pacific aies 913,500 569.100 426,700 395,800 341,700 337,900 307,200 305,400 284,900 282,900 275,700 257,800 253,900 243,200 240,600 Chg.

l6'4 65 154 184 22 50'4 314 784 2144 834 41) 48 1044 44 3344 14 4 4 44 2 3 V4 Mi Vt 14 STANDARD POOR'S INOEXES NEW YORK (UPI) Standard Poor's hourly indexes for Tuesday. 1941- 43 equals 10). 20 40 40 500 Indus Trirt Utlls Fncl Stks II a m. 152.91 24.97 52 57 13.41 134.58 Noon 152.93 25 10 52.62 13.60 134 62 1 p.m. 152.61 25.07 52.58 13.57 134 35 2 p.m.

152.26 25.01 52.60 13.55 134 07 3 p.m. 150 58 24.44 52.40 13.47 132.66 Close 149 40 24 45 52.12 13.39 131.65 Prev Close 152 64 24.94 S2.52 13.62 134.37 DOW JONES STOCK AVERAGES By United Press International 30 20 IS 45 Indus Trns Utlls Stks II a.m. 972 27 404 04 114 50 376 94 Noon 971.84 405.61 114 57 377.35 1 p.m. 970 05 404 58 114 53 376.45 2 p.m. 967.58 403.49 114 57 375 84 3 p.m.

959.04 398.16 114.35 372 39 Close 950 68 394.81 113.80 369.42 Net chg. chg. Wl lUMIlll. Diener Seed can perfectly match th most profitable seed to your specili soil condition. This means yc-u ll get a quality crop ot beans that wi bring you more at harvest time the kind ot prodt you'll make only It you plant with Diener Seeds.

At Diener. we put a little extra pride Into every bag of seeds we sell It means consistent blends and varieties tor every type ot soil condition and row plan Add Ouall-Kote Sealing to resist disease organisms and adverse weather and you'll be on your way to a profitable new year. In McLean County, We Recommend: Brand 22A, Nebsoy, Brand 24, Beeson 80, AP-20, AP-250, AP-25, AP-26 Please ask about our other high-yield varieties. lUjj We've got growth to dieiriEir biros inc. Stalks.

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