Wholesale prices rise at an 18 percent rate in March
The Federal government reports a 1.4 percent March rise in the Producer Price Index to 238.2, an 18.2 percent compounded annual rate. Food costs edged up while energy soared nearly 110 percent annually. Excluding food and energy, core finished goods rose 0.5 percent, with energy up 7.2 percent. Gasoline and home heating oil climbed, and crude materials fell 2.2 percent.
MENTIONED IN THIS ARTICLE
Washington
Janet Norwood
Labor Department
Bureau of Labor Statistics
Norwood
Congress
Park Towne to become condos in Cedar Rapids by Sun Development
Sun Development of Los Angeles buys Park Towne and North Towne in northeast Cedar Rapids for conversion to condominiums. Renovation of about 2 million dollars starts mid April. 184 unit North Towne and 408 unit Park Towne sold for over 13 million combined. Leases honored. tenants may renew monthly. purchases offered to current tenants. Prices range 25 000 to 40 000 with government guaranteed loans. Tenants who spent money decorating receive purchase credits. Ownership changes to conform to federally insured housing standards.
MENTIONED IN THIS ARTICLE
Sun Development Corp
Los Angeles
Park Towne
North Towne
Cedar Rapids
Doug Hollingsworth
Hollingsworth
Sun Development
Sun
42Nd Street
Center Point Road
Blairs Ferry Road
Baseball Strikes Stir Camps As Kingman Boorishness Blares
The sports section notes tensions from a players strike affecting baseball camps while Dave Kingman’s behavior draws attention. Gene Autry considers quitting the 1980 season, and Gus Schrader in Florida questions next moves amid funding shifts.
MENTIONED IN THIS ARTICLE
Dave Kingman
Gene Autry
Dreaming Marion’s CBD as autumn plans unfold
A columnist envisions Marion’s central business district in autumn with a push toward making many things compulsory. The piece notes federal tax policy discussions in Washington and contemplates their impact on local life.
MENTIONED IN THIS ARTICLE
Marion
Washington
Air-Care helicopter delivers first baby in flight over Iowa
Rebecca Jean Christiansen, 3 pounds 15 ounces, born Breech aboard the University of Iowa Hospitals and Clinics Air-Care helicopter during a high risk transfer from Clinton to Iowa City. Mother Diana Christiansen, 23, was in her 31st week. baby in serious NICU condition. Flight crew Nurse Theresa Watts assisted delivery. birth occurs en route then completed in hospital. Hospital officials say ground ambulance would not have allowed birth in hospital. Flight times: 1:39 p.m. to Clinton, 2:19 p.m. arrival, birth at 3:15 p.m. with backup Mobile Critical Care Unit en route.
MENTIONED IN THIS ARTICLE
Iowa City
Rebecca Jean Christiansen
University of Iowa
Rebecca Jean
Iowa
Diana Christiansen
Charlotte
Clinton’s
St. Joseph Mercy Hospital
University Hospitals
Theresa Watts
University
Joe Tye
Tye
Clinton
Clinton Hospital
Rebecca
Jobless rate rises to 6.2 percent in March
The Labor Department reports unemployment at 6.2 percent with 6.4 million unemployed. Adult men face a 4.9 percent jobless rate, the highest since 1977, while white collar workers reach 3.3 percent and blue collar 8 percent as economy shows signs of slowing toward a mild recession.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Department
Also Mentioned on This Page
Carroll O'Connor
Mike Quill
Colorado National Guard
Wray
Colo
Colorado
Jjasondsfmam
Dept. of Labor
Florida
Gus Schrader
Linn County
Bob Bergland
State News
College of Chiropractic
Statehouse
Senate
Abby
A.C
Family & State
U.S. A
Tom Walsh
Iowa City Bureau
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