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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Aug 15, 1981

Page

21

Odetics Uses Theater to Attract Skilled Staff

Gray haired Joel Slutzky of Odetics Inc. oversees an in-house production of You're A Good Man Charlie Brown as part of a wider effort to recruit and retain electronics workers in Orange County. The seven person cast, drawn from staff including Marilyn Holden and Scott Hostetler, rehearses at a facility soon to become a gymnasium, while the firm eyes growth in 1981 and potential national exposure.

You Re A Man Charlie Brown South Coast Repertory Theater Costa Mesa Slutzky Odetics Orange County Marilyn Holden Ooletics Lucy Holden Scott Hostetler Defense Department Defense Establishment

Two Layoffs Hit Cedar Rapids and Marion Plants

Two announced layoffs will affect 178 workers next week in Cedar Rapids and Marion. LeFebvre Division of Kidde Inc plans to cut 113 jobs, 8 percent of its workforce of about 1,400, citing weak orders and product mix changes. Kwik-Way Manufacturing Co in Marion will lay off 65 workers, 50 percent of its staff, to reduce finished goods inventories with office staff excluded, hoping staff return next month as warehouse deliveries improve.

Cedar Rapids LeFebvre Kidde Inc Kwik-Way Manufacturing Co Marion Thomas Parks Parks Kwik-Way

Wall Street ends week lower as rates stay high amid cooling inflation

UPI reports a dull week on the New York exchanges with the Dow slipping to 936.93 and major indexes down. Traders note conflicting signals as retail sales rise and wholesale prices edge up, keeping pressure on rates. Cities Service and Texaco led trading activity while Garfinckel and Brooks Brothers surged on takeover chatter.

New York UPI Dow New York Stock Exchange NYSE U.S Cities Service Texaco Ensource Garfinckel Brooks Brothers Miller & Rhoads Allied Stores Garfinkel Reliance Group Saul Steinberg

Money supply soars in latest weekly figures

M1B rose to 433.7 billion in the week ended Aug 5, with bank loans up amid merger activity. M1B year to date growth at 5.53 percent. M2 tallies near 9 percent upper target, just under the 9 percent ceiling. M1A also climbed to 363.9 billion as the Fed weighs tighter credit policy.

New York UPI Fed Marc Goloven Manufactuers Hanover Bank Goloven

Industrial production edges up in July despite auto slump

Fed data show July industrial output rising 0.3 percent led by coal and consumer non-durables while autos and trucks decline. Unemployment dips to 7 percent as durable goods steady. experts expect August auto cuts and a flat to negative third quarter GNP outlook.

Washington UPI Federal Reserve Board Evelina Tanner First National Bank of Chicago Federal Reserve Miss Tanner Fed

Chrysler restarts St. Louis plant in front wheel drive shift

Chrysler Corp restarts its rebuilt St Louis car assembly plant as part of a rapid front wheel drive only strategy. About 1 500 workers are recalled over two weeks with 1982 models starting late this month. The $75 million conversion aims to make the plant produce only front wheel drive mid sized Dodge 400 and Chrysler LeBaron vehicles on one shift.

Detroit UPI Chrysler Corp St. Louis Car Assembly Chrysler St. Louis Detroit Assembly United States Canada Belvidere Ill Jefferson Avenue Newark Del Ford Motor Co General Motors Corp Ford

Younkers Sales Lift Equitable Iowa Earnings in 1981 H1

Equitable of Iowa Companies reports a 24 percent rise in operating earnings for the first half of 1981 driven by Younkers sales gains and premium income from Massachusetts Casualty Insurance. Six month revenues reach $208.4 million, up 11.4 percent, with net income $11 million.

Massachusetts Casualty Insurance Co

Dividends Declared by Frank B Hall & Co Inc

Directors of Frank B Hall Co Inc declared an increased quarterly dividend of 414 cents per share on common stock payable November 5 to shareholders of record October 15. The previous rate was 40 cents.

Frank B. Hall & Co. Inc

MorAmerica Declares 19 Cents Quarterly Dividend

MorAmerica Financial Corp. directors announce a regular quarterly cash dividend of 19 cents per share on common stock. The dividend is payable September 11 to shareholders of record September 1.

MorAmerica Financial Corp

Also Mentioned on This Page

By Jeff Bailey Los Angeles Times Anaheim Calif Joel Slutzky Odetics Inc U.S. Department of Defense Ooetics American Electronics Association Keith Brush Beagle Snoopy Dan Thomas Schroeder Mike Doyle Linus Lloyd Odelics Broadway Nissan C.R Wall Street National Association of Securities Dealers Dome Petroleum Amex Hudson's Bay Oil & Gas Gulf Oil of Canada Linn County Younkers Equitable Frank B. Hall MorAmerica Che Wells Woyeey Ors Beye 33Rd Ave. S.W Iowa
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