This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 21, 1977
Page
28
Fires in California and Alaska disrupt logging and halt production while sending lumber and plywood futures higher on Chicago exchanges. Industry economist John Muench notes dry conditions and fire risks curb operations and prompt camps to shut down.
Specialists say fall and winter normally slow for construction but aid futures as lumberyards deplete stock through spring and summer. Canadian output, steadier supply, and a weak Canadian dollar push imports and prices, with September futures at Chicago markets surging to $205 per thousand board feet and plywood futures at $210 per thousand square feet.
The Commerce Department cut real GNP growth to 6.1 percent for the year, from 6.4 percent. Q2 corporate profits after tax rose to $104.1 billion, crossing the $100 billion mark for the first time. Business inventories up 0.7 percent to $315.29 billion, sales up 0.2 percent to $214.28 billion. Bethlehem Steel to lay off 3,500 at Lackawanna plant and cut spending by about $200 million in 1977–78. Chemetron accuses Crane Co. of misstatements in SEC filing over a $40 tender offer. Babcock & Wilcox accepts J. Ray McDermott bid. United Technologies raises bid to $55. Royal Dutch Shell profits rise to $528 million. Other earnings: Procter & Gamble 1.15, IH 1.51, Kmart 0.56, Woolworth 0.08, SCM 1.22, HP 1.07, Quaker Oats 0.45, Federated 0.55, May 0.52, Gimbel net loss 2.2 million.
MIT researchers Roy Kaplaw and Robert I. Frank received Patent 4 042 417 for a solar cell system using mirrors to concentrate sunlight up to 1000 times onto photovoltaic cells. A working 4 by 12 foot model mounted on an MIT roof tests the design with multiple movable cell arrays and a New York firm plans manufacture and distribution. First author: James F Hollander patent 4 041 617 for an emotion and decision simulator may be electronic fluidic or mechanical.
Chicago markets closed the week with a near record harvest outlook pushing corn futures to new season lows. Soybeans declined on bumper harvest hopes, while August delivery rose late. wheat and oats moved narrowly. Soybean oil and soybean meal posted losses as the week ended with mixed commodity moves.
The postal service notes electronic transmission cuts first class mail needs and facsimile growth supports it. Frost & Sullivan projects 10 to 15 percent annual growth in wire fax for five years with costs offset by huge time savings. Major users include FT Communications ITT MCI RCA and real estate and trucking sectors utilize instant fax networks.
Bank clearings for the week ending August 19 totaled 18.913 million, down from 19.084 million the previous week. For the same week last year ending August 20, clearings were 18.794 million, while a separate note states China has more cities over one million population than any other country.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.