Major firms post mixed first quarter profits and huge deals
Major corporations report solid gains in first quarter earnings led by General Electric at 303.4 million up 22.4 percent and IBM at 666.8 million up 13.2 percent. Boeing sells 1.3 billion in jets to Korea Air Lines while Cyprus Mines agrees to be acquired by The Standard Oil Co. (Indiana) for 460 million. Major banks in New York show strong earnings with Morgan 69.4 million and Marine Midland 7.8 million.
MENTIONED IN THIS ARTICLE
General Electric
Westinghouse
United Technologies
Teledyne
Kaiser Aluminum
International Business Machines
Wall Street
IBM
RCA
CBS
Boeing
Korea Air Lines
Laker Airways
London
Airbus Industrie
Singapore Airlines
Standard Oil Co
Indiana
Cyprus Mines Corp
Cyprus
UV Industries
Sharon Steel Corp
Sharon
Federal Pacific Electric Co
Reliance Electric Co
Lone Star Industries
Boise Cascade Corp
Boise
Lone Star
Southwestern
Federal Reserve Board
Commerce Department
Department
New York
New York City
J. P. Morgan & Co
The
Chemical New York Corp
Marine Midland Banks Inc
Bank of New York
Cedar Rapids apartment managers form Metropolitan Housing Association
A group of Cedar Rapids area apartment managers formed the Metropolitan Housing Association Ltd a non profit group representing managers and owners in Linn County Its aims include reducing sub standard housing promoting beneficial legislation and sharing experience Officers include Ron Miles president Dick Rehman vice president and Lee Ann Wilcox secretary treasurer Meetings will cover laws maintenance problems and management aids ON THIS DATE in 1974 Niger’s government was overthrown in a military coup.
MENTIONED IN THIS ARTICLE
Cedar Rapids Area
Metropolitan Housing Association Ltd
Linn County
Ron Miles
Heritage Property Management Corp
Dick Rehman
Rehman Realty
Lee Ann Wilcox
Niger
Hamani Diori
Rockwell space show previews Cedar Rapids with shuttle theme
Rockwell International offers Cedar Rapids residents a sneak preview of the shuttle launch via a four day sound and sight presentation titled Rockwell in the Beginning at the Paramount Theatre. Shows run Tuesday to Friday with morning 9 and 11 AM and afternoon times including 1 3 5 and 7 9 on Tue Wed Thu, and no Friday afternoon show. The exhibit highlights the shuttle maiden voyage planned from Cape Canaveral and recalls the Apollo moon mission while showcasing Rockwell Collins gear and the company’s aerospace role.
MENTIONED IN THIS ARTICLE
Rockwell International
Cedar Rapids
Rockwell
Paramount Theatre
Clare Rice
Avionics and Missiles Group
United States
Canada
Cape Canaveral
Fla
Denny's to Open Two Cedar Rapids Area Restaurants
Denny's plans construction of two sit down family restaurants in the Cedar Rapids area starting this month with a first site at 33rd Avenue and Southgate Court in southwest Cedar Rapids and a second at Armar Drive in Marion. Each 149 seat 24 hour facility will include lounges and be owned by the corporation with local operators. The Marion site should begin this summer, the Cedar Rapids facility aims to open by fall, and total construction cost is about 400000.
MENTIONED IN THIS ARTICLE
Denny’s
Cedar Rapids
33Rd Avenue
Southgate Court
Armar Drive
Marion
la Mirada
Calif
Bank Clearings in Cedar Rapids Weekly Totals
The Clearing House reports Cedar Rapids bank clearings for the week ending Friday at 26,631,929 dollars, down from 27,213,386 the prior week. The year ago total was 23,394,212 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Desert kangaroo rat speeds across terrain at 17 feet per second
The desert dwelling kangaroo rat moves with remarkable speed of 17 feet per second. Separate note mentions Vincent van Gogh using camphor on his pillow for insomnia.
MENTIONED IN THIS ARTICLE
American Desert
Vincent van Gogh
Also Mentioned on This Page
New York Times Service
Apartment Managers Organize
Paramount
Rockwell-Collins
Space
Collins
Robert Anderson
Anderson
Kennedy Space Center
Denny's Restaurants
Des Moines
Davenport
Gohman Realtors
Joan Ot Gohman
Lin
Die Lis
Jonn
Man Commercial
Goh Man
Ask Woo
John
First Avenue
Iowa
Lee Perkinson
Brenton Financial Center
Mid America
New York Stock Exchange, Inc
SIPC
33Rd Ave
E. Cohn & Sons
6Th Ave
3Rd St
Unio
Arte Saami
Pfeiler-Hawkins Insurance Agency
St. N
Lach
NCUA
Postal Thrift
Postal Thrift Loans, Inc
1St Ave. S.E
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