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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Aug 26, 1981

Page

11

Paulson Electric moves to new Cedar Rapids HQ

Paulson Electric Co celebrating its 50th anniversary moves to 722 Fifth Ave SE in the former Coca Cola building boosting space to 4,800 square feet with a 16,000 square foot adjacent lease while planning a grand opening today through Friday. The firm has grown since 1931 to more than 200 electricians serving Eastern Iowa and neighboring states.

Conrad Paulson Electrical Contracting Magazine America Dows Second Avenue Second Street SE Third Ave. SE Northwestern Bell Telephone Co Fourth Ave. SE

Incentives Lift U.S. Car Sales in Mid-August Rally

Domestic sales rose 18.2 percent year over year for Aug 1–20 with GM posting its strongest period in five months. Total U.S. built car sales reached 202,578, GM 134,949, Ford 37,034, and Chrysler 22,853, while VW and AMC showed declines amid ongoing incentive-driven promotions to clear inventories.

Detroit UPI General Motors Corp U.S Tom Pappert Eral Chrysler Corp Ford Motor Co Volkswagen of America Chrysler Ford AMC Vwoa

Dollar Makes Strong Showing as Metals Slip Across Markets

The dollar rose in Europe on hopes of high U.S. rates, but eased in New York after the federal funds rate eased. Gold slid as rallies failed, with London New York and Zurich close at around 409 per ounce. Exchange rates shifted: dollar up in Frankfurt and Tokyo, pound down to 1.8235, Canadian dollar weaker at 82.45 U.S. cents.

United Press International Europe U.S New York Zurich London New York Commodity Exchange Frankfurt Paris Milan Brussels Tokyo

Crandic Extends Tracks Through Iowa City Hills Line

Crandic Railroad officials announced the purchase of 7.5 miles of former Rock Island trackage between Iowa City and Hills. Price not disclosed. VP and superintendent O R Woods said shipper service on the Iowa City Hills line will resume after weeks of repair and upgrading. The Cedar Rapids based line has grown from 25 miles to 60 miles of trackage, with January's purchase of the Cedar Rapids to Middle Amana line from Milwaukee Road.

Crandic Cedar Rapids Middle Amana Milwaukee Road

Dow Rebounds Slightly as Market Slips Broadly

The Dow rose 1.72 to 901.83 after a Monday dive, but NYSE and Nasdaq indices fell as investors weighed inflation and rate policy. Traders bought blue chips late, while others covered short positions and volume rose. Major movers included Cities Service Exxon Marathon Oil and Wang Laboratories amid mixed sector signals.

Mall Expansion Reignites Race For Iowa's Largest Mall

UPI reports General Growth Properties opened a 320000 square foot addition to Northpark Mall, Des Moines. The move contests claims by Merle Hay Mall and Northpark as Iowa's largest, with Merle Hay possibly 60000 square feet bigger at times.

Davenport UPI General Growth Properties Northpark Iowa Merle Hay Mall Des Moines Merle Hay

Bonds Slip On CPI Rise And Treasury Yields Rise

The bond market fell on Tuesday after a July CPI report showing prices up 1.2 percent. Long term Treasuries declined about 0.1 points, municipal bonds dropped near 2 points, while the Triborough Bridge and Tunnel Authority 2011 30 year bond traded lower before rebounding slightly as yields climbed. The overnight federal funds rate eased to 1.6 percent, prompting some buying.

NYSE U.S Wall Street Federal Reserve New York UPI U.S. Treasuries Treasury Triborough Bridge and Tunnel Authority

Also Mentioned on This Page

Paulson Electric Co Paulson Electric Dubuque Waterloo Illinois Wisconsin Waterloo John Deere Cedar River Linn County Care KCRG Gazette General Mills Dow Fine Arts Coe College FMC Mount Mercy Donnelly Center Elmcrest Country Club Collins Credit Union Five Flags Conway Civic Center West High School Iowa National Mutual Insurance Co Loras College Cedar Hall Kirkwood Community College Leo Plotz Ron Olson Mike Plotz Jack Griffith Kinderknecht Associates Climate Engineers Olson Popa Novak Cedar Rapids Paint American Motors Corp Unce Utd Pk C Mn U Ss Shoe U Tech US Life Fa Weeco Ins West Sc Viacom Wendys Wst Pear Weyr Pi Nyse Hos Humana Crocker Hman Ingretec Sun T&t Advan Micro Jim Wal Allied Pd Dim Allis Chim Jhn Jons Jons Wickes Am Wyle Ibs Koppis Lamson Fend Arnfac Lennor Am Sth LLC Corp of New Laws Anolog Dev Loctite Acton Cp Anix Bro Lil Bakam Caesars N Barnet TI Biscoyne Caesars Wis Black & D M Pub Cetec Pe Norlek Bure Carlisle Nova Ind Evrestre Centry Fed Resourcc Cmdisco Guilford CE Bk Health Cimpeng Panhandle Heizer Corp Coop the Pargas Instr Sys Pt Ind Peavey Lonics Inc Cray Resch Pont Lea Ront Cromknt Prmion Little Ad Crown Perkin E! Matrix PH H Group Media Inc Cure Inc Mego Int Pitney Metex Co Oet Metpath Dillingh Playboy Sugar Ind PNB Dow Portec Mount Med PS Ind Royal Oyl Pik Roybsie Chi Sealy Engihrd PGE Ensh Reyn Penny Ensoource Pope Evans Evan Ryan Ho Porto Sys Cel Santa Fe Ind Ransbry Fehl Save St Resort Mt Schering Resort Signa Chimbg Shaw Ind Ati Spetra Bcs Sperry Robintech Flo_ Steel Staley Mt Roblin Carp . Stone Cn Rocar Tnt Batasin Sutloir Salem Cp Sun B Fla Sun Elec School Sealectro Snst Sn Sikes Tenco Texas Tex Pac L Great A&p Thoma Med T Bar Inc Gro Grup Tiger Tenney Eng Guard Takheim Texscan Gulf Utd Tool Gulfon Topaz Harsco Toys R S Torotel Inc Vishay Int Heilman_Br Tracor Visual Gr Hewitt P Trnsoh Fel Hexel Co Tymshore Wards Co Hi Shear Cities Service Tandy Corp Exxon Reliance Group The Interstate Commerce Commission Reliance Tiger International Marathon Oil Marathon Indonesia American Stock Exchange National Association of Securities Dealers Amex Dome Petroleum Delhi International Oil Wang Laboratories Jamation Perpetual P.S. Robertson FSLIC 2Nd Ave Lindale Mall P.O Westdale Williams Blvd Iowa City South Clinton Canon Visa and Royal Office Services, Ltd Fifth Avenue
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