Morrell Faces $15,200 Safety Fines in Sioux City Plant
The Iowa Occupational Safety and Health Bureau proposed fines totaling 15200 dollars against John Morrell & Co. for alleged failures to shield workers at the Sioux City meatpacking plant from carbon dioxide and ammonia hazards. Union officials announced the penalties and criticized safety practices. Morrell did not comment.
MENTIONED IN THIS ARTICLE
Iowa Occupational Safety and Health Bureau
John Morrell & Co
Sioux City
Morrell
Settlement Lets Western Flyers Claim Frequent Flier Miles
Up to 265 000 passengers who bought discount Western Airlines tickets may receive credits of as many as 7 000 frequent flier miles under a Chicago court approved settlement. The suit said Western, later acquired by Delta Air Lines, overcharged fees of 25 to 50 percent for cancellations or changes.
MENTIONED IN THIS ARTICLE
Western Airlines
Chicago
Western
Delta Air Lines
Cocoa dips to seven year low on London market
Cocoa on the London market fell to its lowest price in seven years on Friday. December delivery beans traded at 831 pounds per metric ton, down 24 pounds from Thursday, the lowest since June 1981, traders said.
MENTIONED IN THIS ARTICLE
London
Toyota post-warranty repairs policy revealed in Detroit News
Toyota executives confirm dealers may perform no cost repairs on out-of-warranty parts under an internal policy. Bob Daly notes a 12 page document shows Toyota publicly lists many items, arguing it is not a secret warranty to quiet complaints. Other automakers also cover some post-warranty fixes to retain customers.
MENTIONED IN THIS ARTICLE
Toyota Motor Corp
Bob Daly
National Service
Toyota
Detroit News
Neiman Marcus Group Eyes Horchow Buy
Neiman Marcus Group Inc announced a tentative agreement to acquire Horchow Mail Order Inc, a $100 million plus catalog seller based in Dallas. Final terms remain unsettled as officials disclose the deal through General Cinema Corp. Chestnut Hill, Mass. division.
MENTIONED IN THIS ARTICLE
Neiman Marcus
Horchow Mail Order Inc
Dallas
Neiman Marcus Group Inc
Chestnut Hill
Mass
General Cinema Corp
Midwest Wholesaler Zahn Sold to FoxMeyer
Drug firm says Louis Zahn Drug Co of Melrose Park Illinois, a leading Midwest drug wholesaler, is being acquired by Dallas based FoxMeyer Drug Co. Melvin Zahn declines to discuss reason or price. Zahn had over 200 million dollars in revenues last year selling pharmaceuticals and sundries to more than 1,000 hospitals and pharmacies in Illinois Wisconsin Indiana and Michigan.
MENTIONED IN THIS ARTICLE
Louis Zahn Drug Co
Melrose Park
FoxMeyer Drug Co
Melvin Zahn
Zahn
Illinois
Wisconsin
Indiana
Michigan
Macmillan rejects Maxwell bid as inadequate at $80 per share
Maxwell Communications offers $80 a share for Macmillan Inc. in a bid that the Macmillan board calls inadequate and says talks with other parties suggest more than $80 could be obtained. The prior July tender was $75 per share from Robert M. Bass Group Inc. in Fort Worth. EYELINER: A Baxter Healthcare unit employee checks gold plated eye conformers at W. Mueller Surgical Instrument Co. in Niles, Illinois.
MENTIONED IN THIS ARTICLE
Macmillan Inc
Maxwell Communications Corp
Maxwell
Macmillan
Robert M. Bass Group Inc
Fort Worth
Texas
New York
W. Mueller Surgical Instrument Co
Niles, Ill
Baxter Healthcare Corp
Appeals Court Forces DOT to Award Seattle Tokyo Route
A three year dispute over the Seattle Tokyo air route ends with a federal appeals court ordering the DOT to grant the route to Continental Airlines. The chain of recommendations had included United and American, with the DOT citing need for further study. Continental welcomed the ruling. United offered no comment.
MENTIONED IN THIS ARTICLE
Seattle-Tokyo
Department of Transportation
United Airlines
Continental Airlines
United
DOT
American
Continental
The
Transportation Agency
Bradt Resigns NY Mercantile Exchange Chair Post
William M. Bradt, head of the New York Mercantile Exchange, steps down after the Commodities Futures Trading Commission publishes a 98 page report citing inappropriate conduct in certain exchange matters.
MENTIONED IN THIS ARTICLE
William M. Bradt
New York Mercantile Exchange
Commodities Futures Trading Commission
7-Eleven Stores to Become Kwik Shops in Midwest Move
Dillon Cos. of Hutchinson Kan signed to buy 46 Southland 7-Eleven stores in Iowa and Illinois including Cedar Rapids and Iowa City locations. Change of signage aims for early October completion with most staff kept. Dillon operates Kwik Shops across multiple states and is a Kroger subsidiary.
MENTIONED IN THIS ARTICLE
7-Eleven
Cedar Rapids
Iowa City
Kwik Shops
The
Dillon Cos
Hutchinson
Kan
Iowa
Illinois
Southland Corp
Dallas
Quad Cities
Burlington
Fort Madison
Keokuk
Champaign
Peoria
Southland
Dillon
Kwik Shop
Nebraska
Kansas
Oklahoma
Dillon Companies
Kroger Co
Cincinnati
Kroger
Midwest
South
Southwest
Pennsylvania
New Orleans
Florida
Rockwell unit books $10 million in CDC contracts
Rockwell International's Collins Defense Communications unit in Cedar Rapids secured two contracts totaling about $10 million. The $9.9 million award from Air Force System Command funds development and testing of the GRC-171A(V)4 radio with anti-jam Have Quick IIA features at the Cedar Rapids facility. A second $80,825 contract from the Dayton Defense Electronics Supply Center covers radio frequency tuners. CDC supplies U.S. Defense Department and NATO allies with communications equipment globally.
MENTIONED IN THIS ARTICLE
Rockwell International
Collins Defense Communications
Cedar Rapids
Air Force
Air Force System Command
Electronic Systems Division
Hanscom Air Force Base
Mass
CDC
Defense Electronics Supply Center
Dayton
Ohio
U.S. Defense Department
NATO
Personal income up 0.6 percent in July
Americans saw a 0.6 percent rise in personal incomes in July, driven by the largest wage increase in seven months. Consumer spending grew 0.5 percent as auto sales fell, with savings edging up to 4.3 percent of disposable income.</s>
MENTIONED IN THIS ARTICLE
Washington
David Jones
Aubrey G. Lanston & Co
Acme Graphics Sold to Longtime Manager Stanley Richardson
Stanley G. Richardson, a 31 year Acme Graphics veteran and sales manager, has purchased Acme Graphics Inc from the estate of James Y. Canfield. The Cedar Rapids firm, historic for 75 years, makes funeral stationery and five year baby record books for the advertising field, selling across the United States, Canada and Puerto Rico.
MENTIONED IN THIS ARTICLE
Acme Graphics Inc
Third Ave
Stanley G. Richardson
James Y. Canfield
Acme Graphics
Cedar Rapids
United States
Canada
Puerto Rico
Acme
Richardson
Ann Arbor
Minn
Detroit
J.I. Merritt
Acme Postcard Co
Canfield
Merritt
Slow Friday Trading Dampens Stock Market Volume
The Dow rose 6.58 to 2017.43 while NYSE volume fell to 89.24 million, the slowest 1988 level. Analysts say quiet action reflects investor caution awaiting signals on inflation and rates as several notable moves occur in East Coast and international stocks.
MENTIONED IN THIS ARTICLE
Lawrence R. Helfand
Rodman & Renshaw Inc
Iowa
NYSE
Kodak Resists U.S. Subpoena Over Contamination
Eastman Kodak Co refused to honor a federal subpoena for information on groundwater contamination at a Rochester plant. Kodak called the request too broad and offered to meet with EPA officials to discuss the latest subpoena. The EPA followed a state finding of low level contamination near Kodak property and Kodak argued there is no health hazard to nearby residents.
MENTIONED IN THIS ARTICLE
Rochester, N.Y
Eastman Kodak Co
Kodak
Environmental Protection Agency
New York
EPA
State Department of Environmental Conservation
Iowa thrifts decline to three after Metro purchase plan
The Federal Home Loan Bank Board approved Pioneer Federal Savings & Loan Association of Mason City sale to Metropolitan Federal Bank FSB of Fargo. Metropolitan also acquired five Minnesota insolvent thrift firms and will form Metropolitan Acquisition Corp to own the rebranded Pioneer Federal as Metropolitan Federal Bank FSB of Iowa. FSLIC will back a 280 million note and share losses with Metropolitan. Hassan Honarmand of the Federal Home Loan Bank Des Moines noted the remaining Iowa insolvent thrifts should resolve soon.
MENTIONED IN THIS ARTICLE
George C. Ford
Iowa
Federal Home Loan Bank Board
Pioneer Federal Savings & Loan Association of
Mason City
Metropolitan Federal Bank, Fsb
Fargo
N.D
Metropolitan Financial Corp
Minnesota
Hassan Honarmand
Federal Home Loan Bank of Des
Politan Federal
First Federal Savings & Loan Association of
Brainard
Grand Rapids
Hibbing
Washington Federal Savings Bank of
Metropolitan
Peoples
Honarmand
Metropolitan Acquisition Corp
Pioneer Federal
Metropolitan Federal Bank
FSB
Peoples Savings & Loan of
Owatonna
Minn
Stillwater
Also Mentioned on This Page
Neiman
C.R. 7-Eleven Stores
Des Moines
Ames
Oskaloosa
Grinnell
Newton
Fort Dodge
Rockwell
ASOND
Jfmamj
Source
U.S. Dept. of Commerce
Manager
Acme Greeting Card Co
Copany
Associated Press and Gazette
Northeast
Primerica
Britain
Robert Maxwell
Exxon
Goodrich
U.S
Saacans
7Th St
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