New law makes Fed a true central bank
President Carter signed the Depository Institutions Deregulation and Monetary Control Bill into law on March 31, calling it the most important banking measure since 1933. He said the bill would help control inflation and strengthen the Federal Reserve's authority with gradual impact.
MENTIONED IN THIS ARTICLE
President Carter
Carter
Federal Reserve powers expanded to unify banking system rules
The proposed bill strengthens the Federal Reserve System to become a true central bank by applying reserve requirements to all depository institutions handling checking accounts. It aims to standardize reserves, widen the Fed’s influence, and curb disintermediation by easing ceilings on interest rates over time while protecting small savers.
MENTIONED IN THIS ARTICLE
Federal Reserve System
Reserve Board
Federal Reserve
Collins divisions announce four major avionics and comms contracts
Collins Air Transport Division secures multimillion dollar EICAS contract with Boeing for 757 jets to be delivered starting 1983. Texas International orders Collins avionics for 20 DC-9 30 aircraft. Collins Communication Switching Division wins two automatic call distribution systems for Public Service Electric and Gas and Alaska Airlines.
MENTIONED IN THIS ARTICLE
Collins
Rockwell International
Cedar Rapids
Collins Air Transport
Boeing Co
Renton
Washington
Boeing
British Airways
Eastern Airlines
Texas International
Houston
Collins Avionics
Rockwell
Collins Communication Switching Division
Public Service Electric and Gas of
New Jersey
Newark
Bordentown Township
North Center
Seattle
Alaska Airlines
Anchorage
Alaska
Alaskan
Portland
San Francisco
Cedar Rapids Marion area offer adult business classes
Kirkwood Community College and the Cedar Rapids and Marion school districts sponsor a week long start for spring non credit community education. Courses include writing basics data entry Cobol bookkeeping shorthand typing and office skills across Kirkwood Lincoln Marion and Washington sites with a registration line at 398 5412.
MENTIONED IN THIS ARTICLE
Cedar Rapids-Marion
Kirkwood Community College
Cedar Rapids
Marion
Iowa Hall
Kirkwood
Linn Hall
Jefferson High School
Kennedy High School
Lincoln Community Center
Ninth Street
Eighteenth Avenue
Marion High School
Washington High School
Area 10
CRST Implements In-House Radar Speed Checks
Cedar Rapids trucking firm CRST Inc announces a program to monitor its own trucks using an M.P.H. S-80 radar unit. Road safety supervisor Fred Williams says he will check speeds as he travels through CRST operating areas. He notes a state crackdown and aims to ensure driver compliance with speed limits.
MENTIONED IN THIS ARTICLE
Crst Inc
Cedar Rapids
Fred Williams
First Speaker Muhlenberg, Federalist Leader of Early U.S.
Frederick A. C. Muhlenberg of Pennsylvania became the first Speaker of the House, serving from 1789 to 1791 as a Federalist leader in the new Congress.
MENTIONED IN THIS ARTICLE
House of Representatives
Frederick A.C. Muhlenberg
Pennsylvania
Also Mentioned on This Page
Fed
J.A. Livingston
Congress
Treasury
U. S
Dept. of Treasury
IBM
Iowa City
7Th Avenue S.E
Peete
W.T
Jess) Fandel
Ralph Fandel, Jr
Ron R. Foster
10Th Ave. S.W
George N. Justice
CLU Life & Qualifying
John M. Leland
Robert J. Hanna
CLU
Bedford Agency
Northwestern Mutual Life Insurance Company
Million Dollar Round Table
MDRT
Sun
CRST
Williams
T.E.S.C
Iowa
Terry, Tom and Mark
Superior Motor Winding Co
Third Ave. S.W
St. SW