| Show twrgooVolirmorAPP4krbruwiti54 wi Corn Will Hit High Say 4-Ye- --Estim- ates It The Salt Lake Tribune Sunday October 14 o I i i Istill i t1 :I I : I tI el' 1 4 I ?'4'els I ti: aha A 6N-- rg td "Early in September lack of mois- - in the western Corn Belt caused or:tieteriorating crop conditions" the p board's report said "Crop condiinotrtiOnS lagged furthest behind in Illijpois Indiana and Missouri" Farmers harvested 753 billion bushels in 1989 The department in 19Thits initial 1990 forecast on Aug 9 put fall's harvest at 785 billion —is bushels before raising it last month !1folth John A Schnittker of Schnittker Associates a Washington-base- d con- trizh sulting firm said the forecast is "al- most equal to the amount of corn we '6'vill need in the next 12 months" to meet domestic and export demands quap t ( - ( patient considerate concerned about reaching the right decision" said Jeffrey Mishkin chairman of the New York City bar association's federal courts committee who has --th- 14 0 now 915' known Wood for years But Wood's sentencing record largely for minor drug offenses reveals nothing about how she may punish Milken whose case may set a standard for the future treatment of white-colla- r criminals At 46 she is the youngest member of the Manhattan federal court one of most active in the nation where celebrity defendants ranging from Imelda Marcos to John Mitchell have stood trial She was appointed two years ago and received Milken's case by random assignment The Burnham Lambert Inc executive faces up to 28 years in prison for admitting to six felonies in projected But the bad news he said is that "this corn crop coincides with a glut !")'''in wheat especially" Big wheat producers including the United States 4ifktre subsidizing exports in an effort v1! to unload surpluses )(gut "The big wheat crop glutting the market and the subsidization (world of wheat pushing it below corn 6t i- 1 ( oprices is the real a-T problem" Schnittker said Based on Oct 1 surveys corn yields were estimated at a record y14203 bushels per acre harvested - t4 compared with 1162 last year and 1217 indicated last month The old was 1194 bushels in 1987 record 10 As livestock feed corn is the larg- !::'est and most important US farm crop and is essential for the producote 'lion of meat poultry and dairy prod ndic s Consumer food prices which rose an average of 58 percent in 1989 o ft I the increase sharpest 74 since 1981 are expected to climb an 'I additional 5 percent to 7 percent in 4 1990 0t Soybean production a source of n 4 meal and vegetable oil 4 I a was estimated at 182 billion bushels '4 har- 5 k 4 down percent from last year's it 4 vest of 193 billion bushels and 1 per- °4 cent below the September forecast of 183 billion bushels Cotton production was indicated at °4 145 million bales up 19 percent i last year's output of 122 mil- ' lion bales but down 1 percent from the September forecast The revised estimates showed total wheat production at 274 billion up 35 percent from the 1989 r4 bushels narvebt The department's pro' - duction index was reported at 111 ' percent of its 1977 average used for -— comparison down one percentage stt ipoint from September but still the highest reading since the index aver- aged 116 percent in 1985 In a related report on supply and demand for major commodities anariiAysts said total corn use in the 1990- 591 marketing year that began on Sept 1 is expected to be about 8095 billion bushels including domestic '""--and export requirements With demand slightly exceeding 1990 corn production that will mean a decrease in US corn stockpiles to about 1273 billion bushels left over by Sept 1 1991 Highest Money Market Yields YIELDS' year-to-ye- -- high-protei- 4 k- all-cro- -- "' -- '' t '1'! Ili 14 !' I' Iv lc PI ' ' !I Printed snottl Jackets C V P:1 I - f!iti -- I ''-- 1 1:(0-t' Louie bele Ameribanc Svgs Annandale VA First America Fed Svgs Bank Longmont Dartmouth Bank Hooksett NH 850 818 813 806 802 800 796 794 793 793 Vanguard MMR Federal General Purpose Money Funds Average 776 Bell Atlantic MMP k c 868 2 Dreylus Worldwide Dollar Mt& k 853 3 Alger Money Market Portfolio k 843 4 GW Sierra Global Income MM k 8 40 5 INVESCO Treasurer's MM Res h 833 6 Merrill Lynch Ready 827 7 Harbor Money Market Fund c 825 8 Vista Premier Global MM k h 818 9 Vanguard MMR Prime 815 10 Evergreen MM Trust k 814 Tax Free Money Funds Average 573 659 Dreyfus MI Municipal MMF k 2 Dreyfus PA Municipal MMF k 658 MMF k 3 Evergreen 650 MMF k 4 Dreyfus NJ 6 49 5 Templeton F Money Fund k 642 6 Spadan PA Municipal MMP k 640 7 NCC Funds T Portfolio 639 8 INVESCO Treasurers E Res h 633 9 Calved Reserve CA Pod k 629 10 Spartan CA Municipal MMP k 629 Yield column represents compounded effective rate of return to shareholders for the past seven days Post returns ore not necessarily indicative of future yields investment quality and maturity may vory arnong funds k manager absorbing a portion of fund expenses h -- fund requires minimum initial investment of $50000 or more c -- reported yield includes any capital gains realized during the seven days ended Oct 9 1990 Reprinted in condensed form with permission from IBCDonoghue's MONEY FUND REPORT of Holliston Mass 01746 'Source: 100 HIGHEST YIELDS N Palm Beach Ha - :t 1 i -1 For Information toll (c) CONSUMER '1111 ' '' '!- IIIII - people with disabilities in our free enterprise society Negative attitudes not disabilities are the barriers keeping those with disabilities from leading independent and productive lives Employers we urge you to make a commit-ment to equality through employment of ail people and ALL Includes those with disabilities IILER SERVICE 412! Fivertl r - 4 I I FOR FIVE YEARS t- 4 - 0 7g7S 1 t !:t i F rti ' I t '1 11 0 issued by ir I 'Cts 7::: 7 tb tet fl kti 141 OTHER RATES AVAILABLE R i ) Ifin 141J: th 9 ii1 4 1 4Igit r-- 4 It l'' tll 1 i Th nal on offer to sob Kunnas The ober inviable from mom only by by prospect Free All Statas In IA A ft—A o 1 ii 386 SX16MHZ 117 7 4100 4 Continued From 4 the installation of Utah's first highspeed detachable quad chair lift named the Eagle Express David DeSeelhorst said the world-premiresort planning firm Recreation Planners Ltd based in Whistler British Cod lumbia Canada and Salt Lake Alpentech Inc used computers to reconstruct the mountain terrain and placed the new lifts "exactly where they should be to service the most terrain "Primarily what they do is try to organize the mountain to what they call an ideal percentage terrain difficulty What that does is tell you where you can have an ideal percent D-1- er Ecosign-- Mountain City-base- 60 6111 12 MB FLOPPY E LIM EMS 40 READY & joa ilEM FULLY EXPANDABLE COMPATIBLE -- $1399w $169900 Tat 1 aiyi I t MHZ AT MB RAM 40 MB HARD DRIVE (28MLS) 12 MB FLOPPY FULL VGA COLOR GRAPHICS CARD & MUITIFREQUENCY MONITOR QED SOFTWARE PACK QED 90 PROGRAMS MOUSE PACE FULLY EXPANDABLE INCLUDED & COMPATIBLE 120" 2 YR PARTS & LABOR I 4 Value NI WARRANTY 1 VGA COLOR GRAPHICS CARD & MONITOR MULTITREQUENCY QED SOFTWARE PACK 90 PROGRAMS 2 Y PARTS & LABOR WARRANTY t TV"I"'l NI s2211:1-- SIGN UP TOP YOUR CI:D CREDIT ' : 1 troffoorni i1411! ' f440"" t '' ' 0 '' t " '''tk l' ' ' 4 '444 ' ‘ q t ) X i All tt'lla 1 o' t k ‘1 it 4 ( S' —Associated Press toselohoto Federal Judge Kimba Wood controls fate of junk-bon- d pioneer and admitted securities fraud felon Michael Milken Like other working parents she struggles to balance time for her 4- son and the rigors of the year-ol- d judgeship which often means she gets home at 9 pm and works weekends Still friends say she has never been intimidated in what historically has been a profession "I view her as a great role model for women lawyers because she has a style that asserts itself in a totally elegant way" said Laura Handman a friend and lawyer at the New York firm of Lankenau & Bickford "She's completely in control but not at all in an aggressive obnoxious way" Kitnba Maureen Wood was born Jan 2 1944 in Port Townsend Wash Her parents found the name by leafing through an atlas and settling on Kimba a small town on South Australia's Eyre Peninsula male-dominat- Wood's resume reads like a classic example of superlatives She attended the Sorbonne in Paris got her BA from Connecticut College master's degree from the London School of Economics and law degree from Harvard University She specialized in antitrust law and spent more than 15 years at the New York law firm of LeBoeuf Lamb Leiby & MacRae where she represented clients ranging from Lloyds of London to St Regis Paper Co and eventually earned more than $200000 a year Her success prompted other judges to privately encourage her to seek a seat on the bench although it meant a 50 percent pay cut She was Reagan appointed by in April 1988 on the recommendation of Republican Sen Alfonse M D'Amato then-Preside- age of beginner intermediate advanced and expert terrain So when they're done they call it the perfect ski mountain" Solitude's efforts paid off at least in the form of recognition It received the National Ski Area Trail and Slop Design Award for 1990 from Snow Country Magazine Solitude was selected from 37 entries by ara panel of nationally-recognize- d chitects and land planners Other key components of Solitude's massive mountain slope and ski run renovation were the relocation of an existing triple chair lift to service new beginner terrain relocation of a double chair lift to provide access to the previously underuti lized intermediate terrain and the installation of a double chair lift to serve as both a transportation link between parking lots and a dedicated first-tim- e beginner ski trail Since Solitude's massive mountain slope and ski run renovation placed beginner terrain in one area the ski resort decided to locate its new Moon Beam Center at the base of those runs Mr DeSeelhorst said the center a services 8000 square foot building is the first in Utah dedicated to teaching skiing skills and will day-ski- er open Nov 22 Contractor is Lowell Construction Co Solitude is scheduled to open for skiing Nov 16 a Alvin - ts CAM rrtt ll 11) k Loan Officer American Concord Mortgage Corp Mark L Jones Engineering Manager Eastman Christensen Steve Moynahan Program Administrator Utah Biomedical Mat Laboratory Richard JD Stephen E Oyler Marketing Analyst D Alsop President Bonneville Communications J Matthew Cameron CFO Marn Mechanical Richard A Inc Carter Financial Representative Fidelity Investments L Chinn Terri Kingston Vice President American Digital Systems Inc Geneva Steel Paul R Kramer John Pinter Composite Structures Design Engineer Hercules Incorporated President Easter Seal Society of Utah Inc Lori A Kurgan Implementation Manager Hercules Incorporated Ogden Plant Controller Bourns SensorsControls Lori Sessions A Inc Alan Lakomski Vice President Comp Health and Group One Nursing Kim Soper Linda J Crops Manager of Software Quality GTE Health Systems Inc Georgia Laun Charles Tannenbaum Computer Lab ManagerInstructor U of Utah College of Business Jodie Gingrass Darryl Operations Manager Associate General Counsel Thiokol Corporation Deer Valley Lodging Joe A Hanna Director Danville Handicapped Services Corp J Lee David J McNally President ZEVEX Incorporated Loan Officer Key Bank of Utah David T Terry Land Manager Barrick Goldstrike Mines Inc Steve Terry President Emerson International Store Director Smith Food and Drug Vice Dennis T Harston MD David Associate Medical Director Executive Vice President Optionomics Corp Owner Bryan Thomas Software Contracts Sherry A Monson RN Milton D Thomas MD Stewart Rehabilitation Center McKay-DeHospital Center FHP Utah J Keith Howell Production Manager Borden Snacks Inc ) vo - L Miller Software Quality Assurance Analyst GTE Health Systems Inc Bryan Thomas e FOR ADDITIONAL INFORMATION ABOUT THE EXECUTIVE MBA PROGRAM CONTACT THE DIRECTOR OF EXECUTIVE PROGRAMS COLLEGE OF BUSINESS UNIVERSITY OF UTAH (801) 'Foundations for Business Leadership" 581-557- 7 - 0 PURCRASE 1 av ' XECUTIVE i Vice President - Finance Holy Cross Hospital of Salt Lake City 286-1- 2 MB RAM HARD DRIVE Spokane 838-65- 1 1 - Other rates and maturities available Toll r11- i 875 4 Years - $1000 Min 3 Years - $1000 Min 2 Years - $ 100 Min Il - tlt - 900 try i 925 n177 768RES) FULL Metropolitan Mortgage & Securities Co Inc it X 0024 11 t 1I'L: 41: 00 D v SYSTEMS INCLUDE 11131 $1000 grows to $159053 1' 4'72- - 04 FULL VGA COLOR SULTIFREOMENCY MONITOR When interest is left to compound semiannually to maturity A! I it 11 AVERAGE ANNUAL YIELD ' : IIM : ni717 ii 007 C CCITI i 200 $1000 Minimum 'il -0 Ai: 0 Uli go" 14 i Dit c Zadk771Tk 4)I It: THEM ALL! CONZISTENTLY W 04JA ' f k European Lodge to Preserve Solitude's Harmony - 1108 5332400 ei'lirol 4 v way" i CANDIDATES FOR THE tigomt4wnw r p : THE UNIVERSITY OF UTAH GRADUATE SCHOOL OF BUSINESS WELCOMES THE AUTUMN 1990 COMPUTERS QED JIly I ‘ istered Democrat avid cook tennis buff and ballet aficionado "She's always had this very calm exterior and yet she's very tough" said husband Michael Kramer a Time magazine journalist who first met Wood in 1981 "I mean in the mind judicial sense in a steel-tra- Prudence 11AOckets :::37 widely admired jurist working mother fluent French speaker reg- v FINANCIAL NEWS SERVICE INC BE FOOLED BY PROMISES OF LOWER PRICES 't e program She can't give him any more than the maximum 28 years The few nationally significant cases Wood has handled don't provide a full picture of her overall views but suggest she's willing to buck conventional thinking In October 1988 for example she reversed a ruling by the Immigration and Naturalization Service that had denied refugee status to a Ghanian soldier who helped plan a botched coup attempt Wood said in some circumstances "a coup may be the only means by which political change can be effected" In another instance last year she upheld the right of a New York state judge to seek reappointment even though he had passed retirement age "She knew the answers to every argument that was made indicating she had done a great deal of preparation" said the state judge Isaac Rubin "She's capable of handling any matter no matter how difficult it is" If there's been any flaw in Wood's handling of the Milken case so far experts say it was her decision to accept his plea agreement in the first place Its ambiguity played an important role in the delay of Milken's sentence as lawyers haggled over the relevancy of unproven crimes "It looks terrible for the defendant to plead guilty to so much less than what the government says he did" said Albert Alschuler a University of Chicago law professor who studies plea bargains "This flap about whether the government can talk about these other crimes should have been settled at the time of the plea agreement" Wood declined through her clerk to be interviewed to avoid even the appearance of prejudice or conflict of interest in the Milken case His defense attorneys and prosecutors also declined to discuss the judge for the same reason Nonetheless public information and interviews with others including her husband reveal a portrait of a nity-servic- -Source: DONOGHUE'S MONEYLETTER Holliston Mass 01746 825 825 825 CO 717 10 Congress has declared October as Nationai Disability Employment Awareness Month The goal of this observance is to insure that people with disabilities are able to live with dignity equality and independence through employment Recent work events have shown us that barriers to independence and productivity can come down in Communist Europe so let us work together to eliminate the barriers for ? e: I y Money Funds Average Spartan US Govt MMF k 2 Transamerica US Gov' Cosh Res k 3 Benham Gout Agency Fund k Mariner US Treasury k 5 Dreyfus US Guar MM Acct LP k 6 Kemper Money Market Govt Port 7 Fountain Square US Treas °dig k 8 Woodward Govt Fund 9 Fidelity US Treasury MMF k Government-Onl- 820 820 820 MD tor Period End- I Fidelity k Heritage Svgs Bank Richmond VA Columbia S&I IMne CA Yields Compound I goz pmtim F R EtFittF8APS 114King 'El tit ' "I4 Highest ed Oct 9 1990 791838 Second Nati Fed Svgs Salisbury YIEDS' 10 Nall Avg& Maine Svgs Bank Portland ME 878936 Home Svgs Bank Norfolk VA 867924 SD Falls CitibankSD Sioux 861918 NVR Svgs Bank McLean VA 860916 First Dep Nail Tifton NH 860916 CD Annual EffectiveAverage Annual Yields Nati Avg& 8069A7 Eastern Svgs Bank Hunt Valley MD 9001077 NVR Svgs Bank McLean VA 8801049 New South Fed Svgs Bilmingham Al 87711046 Metropolitan Bank for Svgs Arlington VA 8771046 Sofro Nail Bank New York NY 8751042 $100000 CDs Rate tit" I" ' -r ri I' MONEY FUNDS 850 840 830 OCTOBER IS NATIONAL DISABILITY EMPLOYMENT AWARENESS MONTH SATIN I 1 41117- Baseball A r A11pi ' ' Brookside SR Los Angeles CA Dartmouth Bonk Hooksett NH Columbia First Bank Arlington VA banks Highest yields reported by federally-insureand thrifts as of Oct 10 based on staled rates and method of compounding for lowest minimum deposit avoilabie Figures in parentheses ore average annual effective ytelds offered by 100 large banks and thrifts in the top 10 markets Individual yields for CDs show both the annual effecand five yield and the average annual yield The annual effectroe yield is the return for the first year of the CD The overage annual yield shows the average return per year over the lite of the CD assuming all interest remains on deposit MMA Annual Effective Yield Marl Avg 602 808 Metropolitan Bank for Svgs Arlington VA 798 Key Bank USA Albany NY First Dep Nail Bk Tilton NH 795 New England Fed Svgs Wellesley MA 790 Midlantic Banks Edison NJ 780 CD Annualized Yield Nall Avg 768 Annualized yields are for 12 months and ore based upon rate in effect at time account is opened 856 Chew Chose Svgs Chevy Chase MD 856 Heritage Svgs Bank Richmond VA NVR Svgs Bank Mclean VA 855 851 Imperial Fed Svgs San Diego CA VA 850 Perpetual Svgs Bank Alexandria CD Annual Effective Yield Nat'l Avg 751 866 Security S&L Scottsdale AZ 862 Heritage Svgs Bank Richmond VA NVR Svgs Bank Mclean VA 860 MA 857 Haymarket Bank Boston Home Svgs Bonk Norfolk VA 857 is effective The column the annual yield d yield - the first year return on the CD The column shows the average annual yield That is calculated by dividing the total interest earned over the We of the CD by the number of years of the CD The result is expressed in percentage terms 25-YeCD Annual EffectiveAverage slinnual Yields RAINBOWEAR ': k ' 170 i a plea bargain last April most stemming from his relationship to inside trader and government informant Ivan Boesky Speculation over how Wood will decide Milken's fate has become a hot topic especially since she took the extraordinary step of delaying a scheduled Oct 1 sentencing to allow for a hearing into other crimes Milken may have committed She ordered the hearing which is to begin Thursday after digesting mounds of documents from the prosecution and defense along with hundreds of letters painting widely divergent pictures of Milken The prosecution's memorandum alleged a range of crimes well beyond those the financier admitted The defense called his crimes aberrations in an otherwise upstanding life Wood zsp'ed for the hearing to get a better understanding of the real Milken "From all I can see about how she's handling the case she's doing it very well" said Harry First a New York University law professor familiar with Wood's background "She's not going to give in wildly one way or the other on the pressure" First said "I doubt she'll see him as this wonderful man who's been railroaded by the government nor someone who made so much money that he should go to jail for a long time" Still it's conceivable she will spare Milken from prison as his lawyers have urged and put the financial wizard's talents to work in a commu By Rick Gladstone AP Business Writer NEW YORK — She speaks softly neutralizes adversarial lawyers with grace and charm and often wears a ribbon in her flowing dark hair The sweet gentility and stunning good looks of US District Judge Kimba M Wood may belie the stiff discipline of her federal courtroom but acquaintances know better Wood is strict shrewd and exacting She is about to make history as the judge to pronounce sentence on Michael Milken the billionaire junk-bon- d pioneer described by prosecutors as Wall Street's most devious crook "She's a brilliant judge careful Don Kendall AP Farm Writer WASHINGTON — Despite some losses to dry weather farmers are harvesting a bumper corn crop at a four-yea- r high of 802 billion bushels up 7 percent from last year the Agriculture Departpent said Thursday However the new estimate by the Agricultural Statistics department's -113oard was down 1 percent from last month's forecast of 812 billion bush13y 1 King Rests With Young NY Judge Fate of Junk-Bon- d ar 1)15 199i) NECTS I I i A fteo0eW 1 |
