Easy part over in inflation fight says Volcker
Federal Reserve Chair Paul Volcker warned that the easiest part is over and urged continued resolve to turn recent gains in hiring production and price stability into a lasting expansion. He cited large projected deficits and the need for a national consensus on price stability while warning against protectionism and rising wage pressures.
MENTIONED IN THIS ARTICLE
Washington
America
Federal Reserve Board
Paul Volcker
Volcker
San Francisco
American Economic Association
American Finance Association
Fed
U.S
United States
Clarence Savings Bank to Buy Union Trust in Stanwood Olin
Clarence Savings Bank to acquire Union Trust & Savings Bank at Stanwood and Olin making the combined institution Cedar County’s largest with assets exceeding 50 million. Robert Bunn says sale reached last Friday and expected to gain regulatory approval in about six months.
MENTIONED IN THIS ARTICLE
Clarence
Clarence Savings Bank
Union Trust & Savings Bank
Stanwood
Olin
Cedar County
Robert Bunn
Bunn
Clarence Bank
Haesemeyer
Stanwood Bank
Carl
Hazel Haesemeyer
Vance
U S Steel Closes Plants Reduces Output
U S Steel Corp announced the permanent idling of 15 000 workers after closing six plants and cutting back operations at 24 others on Tuesday. The United States, once the world leader, has fallen behind as global steel production shifts.
MENTIONED IN THIS ARTICLE
United States
U.S. Steel Corp
Energy Leads Mixed Wall Street Session On Friday
Stocks showed little overall change as energy issues provided lift while bond yields rose. The Dow dropped 0.51 to 1263.21, NYSE volume rose to 85.66 million, and oil stocks like Getty Oil surged on Pennzoil’s offer for Getty shares.
MENTIONED IN THIS ARTICLE
Wall Street
New York
New York Stock Exchange
Federal Reserve
Getty Oil
Pennzoil Co
Getty
United States
Citgo Petroleum
Ashland Oil
Standard Oil of
Indiana
Atlantic Richfield
Amerada Hess
Louisiana Land & Exploration
Superior Oil
Standard Oil
California
Schlumberger
Halliburton
Sedco
Hughes Tool
Baker International
American Telephone & Telegraph
At&t
Bell System
Standard & Poor
S&p
Home heating oil supply dip reported by API
Domestic supplies of home heating oil edged down for the week ended December 23 to 159.9 million barrels from 160.4 million, staying below the year-ago level of 180.9 million. Gasoline stocks rose to 237.8 million barrels from 237.2 million, above last year’s 235.6 million.
MENTIONED IN THIS ARTICLE
New York
American Petroleum Institute
Trans World Corp spins off TWA to shareholders
Trans World Corp approved spinning off its 81 percent stake in Trans World Airlines into a separate business effective Feb. 1. Shareholders voted 18,600,470 to 510,289 in New York Wednesday, with TWA shares distributed to Trans World holders as a dividend.
MENTIONED IN THIS ARTICLE
New York
Trans World Corp
Trans World Airlines
David Wenz
TWA
Wenz
U.S
Phil Reilly
Just in Time Winter NIE Workshop for Educators
The Gazette announces a winter Newspaper in Education workshop tailored for teachers. It covers reading with newspapers, NIE ideas, enrichment activities, and topics you request on the registration form. Advanced payment and registration are due by February 6. The $15 fee includes the workshop, NIE materials, newspapers for teachers, and lunch. For more information call (319) 398-8427.
MENTIONED IN THIS ARTICLE
The
Gazette
Newspaper In Education
NIE
Holiday Inn Holidome
Williams Blvd
S.W
Also Mentioned on This Page
Germany
U.S.S.R
U.S.A
China
American Iron and Steel Institute
International Iron and Steel Institute
U.S. Steel
forAmerica Financial Corporation
Iown
Federal Deposit Insurance Corporation
Morris Plan Securities Company
American Building
Cedar Rapids
Iowa
MorAmerica
Morris Plan
Marion Boulevard
Edgewood Road
Ofti
Burlington, Dubuque
Trans World
Hilton International Co
Canteen Corp
Spartan Food Systems Inc
Century 21 Real Estate Corp
Wrnter
John Haefner
University of Iowa
Dorothy Litts
Anamosa
Oline Stigers
Joan Murrin
NIE Workshop
P.O
Gazette Nie
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