Banks Weather 1975 Turmoil Tests Lending Climate
New York banks faced a tough 1975 with recession high rates and weak loan demand. Despite losses and rising loan loss reserves, regulators and bankers say solvency remained solid. Major concerns included real estate trusts city debt the shipping sector and W T Grants bankruptcy, with mixed earnings across large banks.
MENTIONED IN THIS ARTICLE
New York
W.T
Grant
New York City
Marine Midland Bank
Washington
Interstate speeds dip while primary roads rise in study
An IDOT survey shows average interstate speeds fell from 56.6 mph in July to 56.5 mph in December, with trucks dropping from 41. to 58 mph. Primary road speeds rose from 53 mph to 64.1 mph, after checking over 3,000 vehicles at six locations.
MENTIONED IN THIS ARTICLE
IDOT
AMES
APJ
Department of Transportation
Slgn
Cedar Rapids Man Faces 14 Charges After Marion Chase
Gary K Barrows 25 of Cedar Rapids charged after a high speed chase north of Marion ending in a minor collision. Vehicle reported stolen owner Kevin Kregel. Barrows jailed in Linn County awaiting bond as he faces drunk driving, vehicle larceny and 12 traffic counts including reckless driving and eluding police.
MENTIONED IN THIS ARTICLE
Marion
Cedar Rapids
Gary K. Barrows
E Avenue
Barrows
Kevin Kregel
Douglas Court
Linn County
Marion motorist faces drunk driving charge
Gerald F. Dougherty, 43, of the Five Seasons trailer court in Cedar Rapids, was charged with drunken driving early New Year’s Day by Marion police. He was arrested at Lindale Drive and West Eighth Avenue, taken to Linn County Jail, and later released.
MENTIONED IN THIS ARTICLE
Gerald F. Dougherty
Five Seasons
Cedar Rapids
Marion
Dougherty
Lindale Drive
West Eighth Avenue
Linn County
Marion magistrate hears case of Ronald J Holubar on reckless driving
A Friday session in Marion magistrate's court heard Ronald J. Holubar of route 2 charged with reckless driving with a $50 penalty. YMCA Marion offers Saturday activity schedule including non aquatic floor hockey at 10:30 AM youth pool recreational swim at 10 AM and adult open and family swims.
MENTIONED IN THIS ARTICLE
Marion
Ronald J. Holubar
Marion Ymca
Oil Burner Blamed In Rural Marion Fire
A rural Marion fire destroyed the Don Wilson family trailer four miles north of Marion. Fire officials say a defective oil burner caused the blaze. The family escaped unharmed but lost all possessions. Also noted is a Marion Rainbow Assembly No. 124 meeting at 10 am Saturday in the Masonic temple with officer elections planned.
MENTIONED IN THIS ARTICLE
Marion
Don Wilson
Marion Firente
Rainbow Assembly
Masonic Temple
Montour Woman Carolyn Whitehead Named Postmaster
Carolyn R. Whitehead of Montour appointed postmaster as part of six local postmasters named Friday and among 59 postal appointments across the 13 state central region.
MENTIONED IN THIS ARTICLE
Montour
Carolyn R. Whitehead
Central
Ray Deliberates on Property Tax Reform Options
Des Moines governor Robert Ray said he will present recommendations to the legislature but has not chosen an approach. He noted valuation itself is not the issue, though taxpayers fear new local tax capacity from Ball's rollback orders. Options include tight budgets, budget controls, or a partial rollback of valuations.
MENTIONED IN THIS ARTICLE
Des Moines
Robert Ray
Gerald Ball
Ball
Ray
Jim Loyd
WMT Radio
Homestead
Iowa
Viet Baby First of 1976 at Postville
A Vietnamese family in Postville won the first baby of the year contest at St. Patrick's Catholic Church as the wife Thi Tuyet Lieu Nguyen gave birth to a baby boy named Donald on New Year’s Eve. The mother and son were reported well at Postville hospital. Roy McKee, 23, of Lansing, was transferred after his car left a curve near New Albia, later reporting fair condition. Opera singer Renata rebntdl is 84 years old.
MENTIONED IN THIS ARTICLE
Postville
Iowa
St. Patrick's Catholic Church
Thi Tuyet Lieu Nguyen
Donald
Postville Hospital
Lansing
Roy McKee
Langing
Waukon Hospital
Lutheran
Also Mentioned on This Page
Marine Midland
Chase Manhattan Bank
First National Citybank
Citibank
Bersyl Sprinkel
Chicago
Harris Trust & Savings Bank
American Bankers Association
Chase
Sprinkel
W.T. Grant
Continental Congress
Philadelphia
Helen Schroeder
East Iowa
MT. Vernon
Helen Bartholomew Schroeder
Laguna Hills
Calif
Perry
Cedar River Tower
Ation
Seta Stertr
Tay
Hwo
Ante
Prosarenm
Kawa Tressswaltner
Tng
Inese
Morn, Phin Securites Company
Morris Plan A
MorAmerica Financial Corporation
Mmo
Morrs
Gena Ramsan
Bnet
Penton Cal
Marion Chase
C.R
Renata
Rebntdl
Morris Plan
MorAmerca Financial Co
Pered Bank Holding Company
Morris
100 American Building
Orawo
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