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The Pantagraph from Bloomington, Illinois • Page 9
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The Pantagraph from Bloomington, Illinois • Page 9

Publication:
The Pantagraphi
Location:
Bloomington, Illinois
Issue Date:
Page:
9
Extracted Article Text (OCR)

Friday, Sept. 13. 1985 A Th Pantograph LXJ FarmAid group going on the road Sweeping ad campaign set for Eureka vacuum Caravan "Awareness of farm problems will be the best thing to occur out of this entire effort. Consumer understanding is needed to help get farmers back on their feet. Everybody has a stake in farm problems, especially in light of federal legislation being developed in Washington, D.C.," said Stockley, who's family has been farming since the mid-1800s.

The caravan will form at the DeKalb County Farm Bureau building at 11:45 a.m. Sept. 21. After a brief rally, the group will travel down Illinois 23 to Ottawa. Another Thursday, Sept.

12, 1985 By DAVE HAAKE Pantagraph business writer The Eureka Bloomington-based vacuum cleaner manufacturer, launched its largest advertising campaign in history this week to introduce and spur sales of its new Quick Up, a cordless, rechargeable cleaner. The Quick Up is "the primary focus" of the four-month, television and radio campaign, said Richard G. Smith, company advertising manager. No cost figure was released for the Sept. 9-Dec.

31 blitz. But Smith said it will be "four to five times larger" than the 1982 fall campaign that spurred sales of the Mighty Mite, an 8V4-pound, all-purpose vacuum cleaner. The Mighty Mite was the "single most successful introduction" in the firm's 75-year history," President Robert P. Dole said earlier this year. The Mini Mite the first battery operated hand vacuum made by a major vacuum cleaner manufacturer followed two years later.

And, The Eureka Co. is counting heavily on a continuing succession of product introductions to enable it to meet its goal of selling more than 50 million units in the 1985-94 period. Dole's forecast that the company will top that 75-year (1909-1984) total unit production over the next 10 years took place during the firm's annual sales convention last winter. The company's next product is scheduled to make its debut in November at a national Housewares Show. The Quick Up was introduced in March and has been on dealer shelves since July.

In the meantime, Smith and the company's sales directors will keep their eyes focused on orders resulting from the 1985 fall advertising program. The campaign will feature prime time, daytime, early morning and late night spots on the nation's leading cable television networks, WTBS, USA, CNNHeadline and By CHRIS HEISER Pantagraph farm editor Dale Stockley and his farmer friends enjoy frequenting a DeKalb coffee shop to shoot the breeze. They don't, however, like the daily rehash of the same old issues economic problems with no apparent solutions. So, they decided to find some solutions. With the upcoming FarmAid benefit concert slated for Champaign's Memorial Stadium Sept.

22, it seemed logical to Join that effort. The farmers enlisted Stockley's help as DeKalb County circuit clerk and director of Illinois township officials to organize support for an awareness-raising caravan to the concert site on Sept. 21. The group has scheduled a 5:15 p.m. rally at the Ropp Building on the Illinois State University campus.

Although Stockley doesn't know how many people will participate in the caravan, he said he hopes the five rallies scheduled during the trip from DeKalb to Champaign will be well attepded. STOCKS Area stocks Clot Chne Arcriar Danltlt 19' Carton Pirie Scoit 19a Caterpillar 33', Vj Cilco 23 CIP 1SH v. CPC International Davton-Hudion Corp 38 Deert 2SH Dakalb Products Deluxe Chech Primer 38 l' Dvnamlci Coro 23 Firestone 19 Fleetwood Enterprises 1' General Electric 59 General Telephone 3Sjj Hewlett-Packard 33'- 'ft Holiday Inn 50', Vj HS.R Block SI'l Dow Jones averages Open Hloti Lew Clese Che. 30 Ind 1317 4 1327 4 1307 0 1312 3 7 05 20Trn Ml 54 672 64 660 93 663 27 6 09 15UII 154 39 154 75 152 01 152 65 2 46 65 Slk 542 71 546 IS 53 7 33 539 42 4 32 NYSE indexes Close Change 27 cents Index 106 36 0 86 Industrial 122 20 0 80 Transport 105 13 1 23 Ulllitv 55 40 0 80 Finance 110.05 100 NYSE activity Thursday Prey, day Close Change IBM 127 IC Induslrles 32'-i Vi Illinois Power 23't Interlake 44', Vt mart 31, Krooer 42-Mi A. Krueoer Co 14'4 Midwest Financial 12' McDonalds 45Vi Vi 3M 76 Hi Modine Monsanto 481, 30 Owens Corning 34 dark J.C.

Pennev 49', V- Pepsi Colo 57', Phillips Petroleum SAP indexes High Lew Close Chg. 400 Indust 206 54 204 71 204 94 1.22 20 Transpt 170 65 168 41 168 69 1 70 40Utiht.es 8183 80 43 80 55 1 25 40Financl 21 24 2101 21 03 0 19 500 Slocks 185 21 183 49 183 69 1.34 15 NYSE most active Sales Close Chg. RockCentr 9,664,400 1J WeslghEl 2,191,800 38H "i Revlon 1,941.700 43' MorganJP USS, 500 47 KanGasEI 1.414,300 11' 2 Revnln pIC 1.409,200 125 'J IBM 1,388,500 127', BankAmer 1,248,600 13 Amer T8.T 1,216.800 20' MldSouUt 1,209,400 8-i Beatrice 1,130,800 341, 'i Gulf StaUt 1,062 000 I2J AmExpress 1,037,300 42 I. Arkla 947 000 22 14 Norlnd PS 914,700 11' A CONCERT FOR AMERICA rally will be conducted there at the LaSalle County Farm Bureau building. At 2:45 p.m., the group will arrive at Illinois Valley Community College in Oglesby for a third rally.

Traveling down U.S. 51, the caravan will stop at ISU about 5:15 p.m. State Rep. Gordon Ropp, R-Normal, is scheduled to offer his views on farm economic problems. A final rally will be conducted In Champaign when the group arrives at Memorial Stadium about 7:30 p.m.

dose Change PPG Industries 43 Ralston Purina 42 Ramada Inn 8 Revere 16 Rockwell 39 4 Rovol Dutch-Shell Oil 59' 1 R.R. Donnelly 5' Sears 34' Southwest Forest Ind 12 Amoco 64 Consolidated Products 3'4 Tandy Corp 33J4 V4 Wallace Business 34 Walgreens 244 Woolworlh 47 Union Camp Corp 37' Zayre 50 Courtesy Shearson-American Express Amex index High Lew Close eng. 228 3 5 226 47 226.72 1.62 Amex volume comparison Approx final stock sales Slock sales year ago 9,930,000 7,310,000 10 Amex most active Sales 2,865,000 685,900 291,800 197,300 192 100 189,500 177,000 161,700 136,100 130,700 Close Chg. BAT Ind HomeGp WangLabB Hasbro Wickes TexasAirCp OlarkHldg AmExpr wt NY Times ChartMdA 3 11-16 16 16' 30'. 4 5-16 17 II', 30' 41 21)4 '4 1-16 Vb 4 OTC indexes Week Monlh Close.

Chg. Ago. Ago. 289 931 50 295 28 298.72 295 84 1 24 372 743.02 342 631.31 274 302 24 1.00 266,322.21 301 28 306 83 382 44 380 22 347 61 347 86 273.19 290.32 303 56 295 70 270.96 279.07 Livestockmeat Mercantile Exchange Open High Low Settle Chg. CATTLE 40,000 cents per lb.

Oct 53.15 54 57 S3 12 S3 BS .78 Dec 55 8 5 57 50 55 80 57.12 1 12 Feb 55 00 56 57 55 00 55 90 83 Apr 55.75 57 27 5 5 70 56 85 1 08 Jun 56 95 58 45 56 70 57 70 .75 Aug 55.85 57 10 55.75 56.50 .90 Prev. sales 17,296. Prev. day's open int 49,476, up 869. FEEDER CATTLE 44,000 cents per lb.

Sep 58 45 59 50 58 30 58 90 90 .68 1.10 1.47 1.50 1.50 1.50 Oct Nov Jan Mar Apr 58 10 59.37 57 85 58 55 60.10 61.32 59 95 60 92 62 40 63 80 62 35 63 77 62.40 63.70 62.40 63 70 62.15 63.50 62 15 63 50 May 61.65 62 7 5 61.60 62.75 Prev. sales 3,456. Prev. day's open int 8,978, up 370. HOGS 30,000 cents per lb.

Oct 36 20 37 45 38 15 39.45 35 97 36.75 38 72 39 57 37 07 41.07 41.70 41 30 38 95 39.35 .63 .70 .62 42 .32 .45 .65 38 .38 Dec Feb Apr Jun Jul Aug Oct Dec 37 95 38 95 36 55 40 50 41 00 40.60 38 30 39.35 39 00 40 45 36 55 38 10 40.75 41.55 41.25 41 97 40 60 41 SO 38 30 39.25 39 35 39.35 Prev. sales 5,629. Prev. day's open inl 20,933, up 121. PORK BELLIES 38,000 cents per lb.

Feb 58 00 59 7 5 57 87 59 10 1.35 Mar May Jul Aug 58 15 59 90 58 15 59 3 5 1 45 59 05 61 05 59 00 60 47 1 37 59 70 61 05 59.55 60 70 1.65 58 97 59 05 58.60 58.60 1.55 Prev. sales 3,393. Prev. day's open int 6,743, up 15. National Slaughter BUSINESS BRIEFS Adyanced 414 345 Declined H33 1222 474 448 Total issues 2021 2015 New highs I '5 New lows 0 33 Hearings slated on farm problems SPRINGFIELD (AP) A state legislative committee announced yesterday that it intends to conduct a series of hearings to examine Illinois farm problems.

Sen. Jerome Joyce, D-Reddick, chairman of the Senate Agriculture Committee, said the first hearing would be held in Springfield Sept. 24 two days after star-studded FarmAid concert in Champaign. Others are to be scheduled later. "The primary solution to this crisis must come from the federal government during Congress' fall session," Joyce said in a statement.

"Our hearings will provide a forum for farmers and farm leaders to offer comments for solutions and enable us to provide input to our congressional delegation." Farm business office relocated Pioneer Farm Business Farm Management has found a new home at 12 Westport Court, Bloom-ington. The farm record-keeping business, coordinated by the University of Illinois Cooperative Extension Service, was housed at 1212 Towanda Plaza for the last six years. According to Donna LaMar, who oversees Pioneer's computer assistant management program, the business needed more room for computer equipment and offices. The leased space at Towanda Plaza contained 1,500 square feet; the new leased facility, located east of Veterans Parkway on Illinois 9 near the county Agricultural Stabilization and Conservation Service office, boasts 2,100 square feet. Three field men will occupy offices in the new facility Richard Smith, Maurice Sprout and Kent Meister.

They will retain their present telephone number. Purity Baking Co. to honor workers Purity Baking 508 W. Olive Bloomington, will honor three people who have worked at the company 15 years or more Saturday, including Joe Ditchen, a 40-year employee. The awards presentation and appreciation luncheon will be at 11:30 a.m.

at Brandtville Restaurant, Bloomington. Ditchen, 314 E. Stewart, Bloomington, has been sanitation foreman at the company for 10 years, and has done about every job in the plant, according to foreman Byrel Freeman. Dennis Harsha and Paul Moews will receive pins for 15 years of service. FARM BRIEF Council organized Nine McLean County residents have been chosen to serve on the McLean County Extension Service's Executive Council.

Gary Pearl of Bloomington will serve as chairman, with Randy Vaughan of Ellsworth vice chairman and Pattie Reeves of Gridley secretary. Other members include Sandra Bidner of Carlock, Deb Giannoni of Lexington, Owen Romine of Stanford, Gary Ziebarth of Hudson, Sharon Roggy of Downs and Rick Whitacre of Illinois State University. Council members coordinate and oversee Extension programs involving all county residents. Program areas encompass youth projects, agriculture education and home economics. ROUSX WATCHES Check the New Low Prices at Decatur's Oldest Finest Jeweler KM GEMS 101 North Watwr, Decatur (217) 429-4111 CERTIFIED GEMOLOGIST Hour: OO p.m.

Amex activity NYSE volume comparisons Approx final total Prev. lull day Week ago Month ago Year ago Jan 1 to dale 19(4 lo dale 107,070 000 100.380.000 94,480,000 S6.IO0.0O0 110,580.000 18,617 950,006 16,423,360,000 Prev. Index Thursday day Composite Advanced 182 182 Indust Declined 365 344 Financl Unchanged 253 257 Insurance Total issues 800 783 Utilities New highs 2 Bonks New lows 23 14 Transport COMMODITIES The Eureka latest product, the Quick Up vacuum the Nashville Network, as well as on syndicated and leading tele-; vision game shows. It also will include spot television and radio advertising, featuring local retailer information in selected i markets, Smith said. parison billing would have saved had the USS billing method been in effect, the GenTel study showed.

USS is a billing method that charges telephone customers for completed local calls. These are the first results for 16 exchanges beginning USS com- parison billing July 1, including Bloomington-Normal, Eureka, Ken-; ney.and Stanford in The Pan- tagraph ara. The comparison bills I show the monthly flat rate and i what the USS rate would have been. USS will go into effect Jan. 1 in these exchanges.

Accountants to hear Maloof Peoria Mayor James Maloof will speak at the Sept. 18 meeting of the Central Illinois Chapter of the National Association of Accountants. The meeting will begin with a social hour at 5:30 p.m. at the Holiday Inn-Brandywine in Peoria. The Central Illinois Chapter includes Bloomington-Normal, Pekin, Peoria and surrounding communities.

Carson's sets up trust Carson Pirie Scott Co. has placed ownership of its College Hills Mall store in Normal in CPS Realty Partnership, a land trust owned by the Chicago-based department store chain. That transfer, said Kate Walsh, Carson's spokeswoman, will not affect the store's operation. "We're very committed to the Normal store," she said. OF THOMASVILLE ENTERTAINMENT CENTER reg.

1,560.00 NOW FREE DELIVERY FOR QUALITY HOMEFURNISHINGS SELL FOR LESSI RT. 54 f21 MT. PULASKI 7 Word processors meeting Representatives of Kelly Services will speak at Sept. 18 meeting of The Central Illinois Word Processing Association at the Sheraton Inn, Normal. The meeting begins at 6:15 p.m.

Patty Porto and Michelle Simon will discuss and demonstrate Kelly Services' microcomputer which is designed to test temporary employees' word processing abilities. Details are available from Marily Engelbrecht, Illinois Central College, Washington. Colgate to buy stock Colgate-Palmolive directors have authorized repurchase of an additional 3 million shares of company stock in the open market or in privately negotiated transactions. The consumer products manufacturer recently completed a cash tender offer for 12 million shares of common stock at $29 a share, or a total of $348 million. Repurchased shares will be retained in the company's treasury for general corporate purposes.

Phone billing savings Usage Sensitive Service saves or would save money for the majority of General Telephone customers, the latest study of the billing system indicates. About 60 percent of customers paying USS rates in July saved money compared to a flat rate, and 67 percent of those on USS com LARGEST DISPLAY CALL Grainsoils Central III. Cash Grain Wed. Thurv 2 31-2 33 2 29-2 33 4.98-5.02V2 4.VS-5.04"! Corn, No. 2 Beans, No.

1 Board of Trsde Open High Lew Setne Che WHEAT 5,000 bu minimum; dollars per bushel Sep 2.80 2 64 2.78M 2 80lT Dec 2 88 2 2 88 "I 2 93 Mar 2.96 3.01 2.9514 3.01 May 2.93' 2.98' 2.93' 2 98' .04 Jul 2 77 2 81 2 7 7 2 81 .04 Sep 2 82' 2 85 2.81 2.85 Prey, sales 7,283. Prev.day's open inl 34,806, off 1,292. CORN 5,000 bu minimum; deaart per bushel Sep 2 23 2 2514 2 23 2 2414 Dec 2 17 2.20' 2.16V4 2.1814 .01 Mar 2 26' 2.30' 2 26' 2.29 .001 May 2.34 2.36' 2 3314 2 36 001. Jul 2 37 2 40' 2 37 2 39V4 Sep 2 2914 2 3IV4 2 29V4 2 30 Dec 2 264 2 2814 2.26' 2.2S'i Prev. sales 21,846.

Prev.day's open inl 134.477. off 316. OATS 5,000 bu minimum; deaan per bushel Sep 1.191 20 1.19' 1.1914 Dec 1.2414 1.25' 1.2414 1.25' Mar 1 29 1 291 1.29 1 29'4 May 1.29V4 1.29' 1.W4 1.29'A Jul 1.27 Prev. sales 144. Prev.day's open inl 1,222, off 17.

SOYBEANS 5,000 bu minimum; dotars bushel 5.1114 Sep 5 08 5 .1214 5 06 03' Nov Jon Mar May Jul Aug Sep 5.04' 5.10 5.02' 5.15' 5 20 5.I21 5.26 5 3014 5 24 5.36 5.40 5 34' 5.43 5.45' 5.39' 5 43' 5.45 5 39 5.O8V4 5.I8V4 5.29V4 539 5.45 5.45 .0114 .01 5 37' 5.37' 5.34 5.37 5 38 5.32' 5.34' 5.34 01 Nov 02' Prev. sales 15,978. Prev.day's open Inl 64,041, Off BOB. Livestockmeat East St. Louis Hagti 4,000 trading active; barrows and gilts steady to mostly 25 higher.

1-2 230-260 lb 40 25-40 50; 210-230 lb 40 00-40 25; 1-3 200-260 lb 39 00-40 00, 260-270 lb J9.50-3.7S. Sows: 100-450 lb steady fo 50 higher; 450-500 lb steady to 1.00 higher; 500 lb and up lb steady; 1-2 300-450 lb 33.50 lo mostly 34 00, 450-500 lb 35.00-36.00; 1-3 over 500 lb IB Boars: Over 300 lb 32.50; under 300 lb 31.00-32.00. Catskt and carves: 700 bulk of receipts feeder cattle tor Thursday's auction; open market consists of cows; cows firm lo 1.00 higher. Cews: Breaking utility and commercial 2-4 33 00-35 00; culler and boning ulllitv 1-2 33 high-yielding ulllitv 1-2 SOYBEAN OIL 60,000 lbs; dollars per 100 lbs. Sep 21 40 21 68 21 35 Oct 21 02 21 20 20 94 Dec 20 95 21 05 20 80 21 65 .24 .09 09 .05 .05 .14 .12 .03 .01 21.14 20 95 21.15 21 55 21 80 22 01 22 16 22 27 22 33 Jan 21.13 21 23 21 00 Mar 21 43 21 55 21 35 May 21 75 21 80 21 70 Jul 22.05 22 20 22.00 Aug Sep 22 30 22.32 22.25 Oct Prev.

sales 7,509. Prev.day's open Int 56,585, off 336. SOYBEAN MEAL 100 Ions; dollars per ton Sep 127 SO 128 80 126 40 128 80 129 70 133.50 135.10 137 SO 2 10 1.90 2.10 2 50 2.70 1.90 2.10 2.20 1.50 Oct Dec Jan Mar May Jul 127.00 129 SO 127 00 131.00 133 70 130 50 132 00 135 30 132 00 135 00 137 50 135 00 136.50 139.00 136.50 140.00 141.50 139.00 138 90 141.30 141.70 139 50 4 Aug Sep Prev. sales 11,440. Prev.day's open inl 43,902, off 757.

Produce Chicago Eggs: Midwest Egg markel quotation from the Midwest Egg Producers Co-operative, gradable nest run. Class 1 .56, Class 2 .54, Class 3 .46, Class 4 .40, breaking stock .49. Butter Unchanged Thursday. Grade AA 1.3975-1.4075. A 1.3875-1.3975.

St. Louis Eggs: Missouri Egg Markel price report available on Fridays only. MetalS (apol prices) Copper (cathode, lb US) Aluminum (Ingot, N.V.I .43 Gold (troy ounce) 319 50 Silver (troy ounce) 6.030 Platinum (troy ounce, N.V.I 314.00 35 00, few up to 36 00; canner and low cutter 1-2 30.00-33.00; shelly canner 1-2 Hogs: 600 trading moderlely active; barrows and gilts steady. 1-3 225-240 lb 40.25 lo mostly 40.50, mixed 2-3 250-280 lb 36.00-37.50. Sows: Steady 1-2 350-500 lb 32.00; 1-3 500-600 lb 34.00-35.00.

Boars: Over 300 lb 31.00. Came: 35 Nol enough of any one class for a tulljnarket lesl. Peoria Heov- 2,500 trading moderate; barrows and gilts steady to weak. 1-2 220-250 lb Under Fed. msp.

Estimates per 1,000 Cattle Calves Hogs Sheep Thurs 131 10 318 23 Week ago 129 11 326 22 Yr ago 140 10 329 28 Week lo date 518 49 1267 90 Pd last wk 394 41 952 69 Pd last yr 568 51 1301 107 (Actual) 40.50-40 75, 25 tied 41.00; 220-250 lb 40 200-220 lb 38.00-40.00, 2-3 250-280 lb 38 Sows: Steady to 50 lower; 1-2 350-500 lb 32 few 33.00; 500-650 lb 37.00-37.50. Boars: Over 350 lb 32.75, few 32.50; under 350 lb 30 Came: 50 Not enough of any one class for a full markel test. Springfield Barrows and guts: steady to 25 lower; demand moderate. 1-2 210-250 lb 39.00-40 00, liberal volume 39.50-39.75, few 40.25; 1-3 210-260 lb 38.50-39. SO.

Sows: Steady 1-3 300-600 J1JN-3SJW; few ever 550 fb 36.00-17.00. HRS. DAILY 10 TO 6 pm FRIDAY 10 TO 8 pm SATURDAY 10 TO 5 pm SUNDAY 12 TO 6 pm.

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