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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 21, 1992
Page
19
USDA approves retiring 126,676 erosion-prone Iowa cropland, raising total CRP enrollments to 2,234,547 acres since 1986. Bids approved for 35,806 contracts. landowners receive about 98 dollars per acre annually for 10 years.
Gazette staff reports describe the shutdown of AT&T National Credit Center in Cedar Rapids affecting 128 employees who face job loss by Dec 30. Pat Paterson, whose epileptic son requires daily meds, worries about health insurance and possible moves to continue coverage. Union leader Gene Porter notes many workers are single parents and that retraining is sought but uncertain. local employers like LinkUSA and First Data Resources plan expansion and hiring, offering new opportunities for displaced workers.
Rep. Dave Nagle calls for a six month extension on corn backed loans and a higher loan rate to 2.20 a bushel to curb a slide in prices. He also proposes using the Farmer Owned Reserve to stabilize markets as Sen. Tom Harkin backs wheat and feed grain access during low price periods.
The Dow fell 2.17 to 3304.89 with 183.39 million shares traded as traders paused ahead of President Bush's Houston address. Advancers edged decliners five to four on the NYSE, while Eastern Iowa listed 16 up, 16 down, and eight unchanged amid a cautious session. The market weighed Bush's economy stance and potential polling impact.
When cash runs tight, shift pricing to higher_value offerings, target niche markets, and boost sales calls. Collect receivables, renegotiate supplier terms, trim non_essential payroll, and convert assets to cash via sales and leasebacks. Monitor daily cash and plan six months ahead for new capital. Contact The Company Doctor with questions.
Money magazine lists Sioux Falls South Dakota as the best place to live among 300 metro areas citing low pollution traffic and taxes. It notes Cedar Rapids 241 Des Moines 166 and other Iowa cities while Provo Orem drop to eighth and Austin ranks third.
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