IE reports 15.7 percent jump in 1988 net income
IE Industries of Cedar Rapids posted a 15.7 percent rise in 1988 net income to 34.1 million dollars or 2.43 per share, despite a drop in fourth quarter earnings to 2.0 million dollars. Revenue for the year grew 6.3 percent to 483.3 million, with electricity sales up over 6 percent. Chairman Lee Liu cited economic growth and warm weather, noting continued diversification including Telecom USA. The board approved a quarterly dividend of 51 cents per share payable April 1 to holders of record March 10.
MENTIONED IN THIS ARTICLE
IE Industries
Cedar Rapids
Lee Liu
Iowa
Liu
Teleconnect Co
SouthernNet of
Atlanta
Telecom*usa
Iowa Electric Light and Power Co
Utilities board orders IPS rate cuts across all classes
The Iowa Utilities Board ruled IPS must cut rates further after finding stockholder returns too high. The decision lowers the allowed return to 12.4 percent from 13.14 and denies about $1 million in parent expenses. Additional household electricity cuts are expected within 45 to 60 days.
MENTIONED IN THIS ARTICLE
Bill Brewer
Gazette
Des “Oines Bureau
DES Moines
Iowa Public Service Co
Iowa Utilities Board
Dennis Nagel
Office of Consumer Advocate
Nagel
IPS
Waterloo
Cedar Falls
Iowa
Sioux City
Paul Franzenburg
OCA
Local notices and ads dominate Cedar Rapids Gazette format
A dense page of classified ads and event notices lists tours advertisements from Tri-State Tours and local businesses, along with charity events, beauty and health services, dining specials, and public notices. Names include Tri-State Tours, St. Luke's Auxiliary, Knights of Columbus, and Kirkwood Marketing DECA Club among many.
Marion New To You Accepts Spring Clothing
Marion shop advertises spring clothing arrivals and a winter 14 price sale at 1395 7th Ave with contact 377-0001 Baxter- Martinson Funeral Chapel offers Forethought funeral planning and contact 377-1538.
MENTIONED IN THIS ARTICLE
7Th Ave
Marion
Baxter
Martinson
Also Mentioned on This Page
Utilities Board
Golden
Schumacher
Chicago
Ave. N.E
St. Luke’s Auxiliary
Knights of Columbus
Mount Vernon Road
Pierson
Factory Outlets Center
Kenosha
Wisconsin
Brenda Lee
Davenport
John L. Riccolo
David L. Baker
Riccolo & Baker, P.C
the Center
2Nd St. S.E
Mister Perfect
Hawkeye Downs
Cox Cable
Sue
Adv
Eddie Albert
Beltone
2Nd Ave. S.E
Mt. Vernon Road
S.E
Michael Zmoos
Emerald Knights
S.E. Adv
Meyer Schaffer
Higley Building
Armstrong's
Avant Studios
Collins Road N.E
Weland Clinical Laboratories
P.C
Weland Westside Laboratory
Johnson Avenue N.W
Story Times
Cedar Rapids Public Library
West-Side
Little
Gentle Dental East
Mt. Vernon Rd
Heart Connection
Stouffers
Kirkwood Marketing
Deca Club
Joens Brothers
16Th Avenue
S.W
Joensy’s
Gazette Classified
Gambler's Anonymous
St. Lukes Hospital
Mammoth
Johnson Nut Company
Johnny’s Parkway
Adv. Ee
Alfalfa’s
Dales
Sheraton Inn
Elk’s
33Rd Avenue
Novak
ElRoy
Arlene Novak
14Th Ave
Monty’s
Pro Video
Jo Moore
Tri-State
Hugh O'Brian Youth Foundation
Iowa East
Debbie Johnson
DJ Smith
Randy Bauer
Coe College
Frowers & Carpens
Ris
Mum
American Society of Intenor Designers
Waterloo Exchange Club
Iowa Show Productions Ince
Aou
Micren
Shorts
Leon
Third Ave
Ce Grhe
Cedar Rapids Area
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!