Cedar Rapids Leader to Address Washington Press Club
C R S T Inc. chairman A Smith of Cedar Rapids will speak February 26 to the National Press Club transportation and business press group in Washington. He will discuss trucks versus railroads and energy efficiency, noting railroads are not always superior. Smith expects a hostile reception and cites CRST’s rise to the nation’s 100 largest trucking firms post deregulation.
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Cedar Rapids
Smith
Washington
Herald A. Smith
Crst Inc
Transportation and Business Press Group
National Press Club
the Gazette
Washington Press Group
Wall Street Journal
Smith Heads
CRST
Common Carrier
Iowa Motor Truck Association
Chevrolet cut price Cadet and Citation strip models
Chevrolet unveils stripped down Cavalier Cadet and Citation models amid slipping sales. Cadet sedans and wagons priced at 6432 and 6703 reflect cuts, while Citation drops about 457 from prior list.
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Chevrolet
Chevy
Chrysler posts 11 percent rise in 1981 sales
Chrysler Corp ends 1981 with an 11 percent gain domestic sales reach 729,873, up from 660,017 in 1980, while GM reports its worst year in six years with a 7.8 percent decline. December totals show tougher month for both automakers.
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Chrysler
Detroit
UPI
Chrysler Corp
General Motors Corp
Automaker
Worst Stock Market Slide Triggers Early Year Selloff
The Dow Jones fell 17.22 to 865.30, its biggest drop in four months as fears of rising rates spurred a broad market selloff. NYSE and NASDAQ indexes also declined with heavy trading in IBM Exxon and Union Oil among top movers as recession worries and a Fed money supply report pressured stocks.
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Salomon Brothers
IBM
Exxon
Reviow
Sears, Roebuck
Union Oil of California
Exdividend
Phillips Petroleum
MNB Extends Premium IRAs Amid Snow Storm
Merchants National Bank of Cedar Rapids extends its premium Individual Retirement Accounts offer for two more days due to a snow storm and travel delays from the Rose Bowl. The rate starts at 50 percent, with hours restored to 4:30 p.m. downtown and 5:30 p.m. at branches. over 1,500 accounts opened on Monday.
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Merchants National Bank of
Cedar Rapids
James H. Struve
Bhat
Struve
California
MNB
Algeria cuts crude price to $37 for Q1 1982
In New York UPI reports Algeria the sixth largest U S foreign oil supplier told customers it will cut crude oil prices by 50 cents to 37 dollars a barrel for the first quarter of 1982 according to industry sources.
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UPI
Algeria
U.S
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Dain Bosworth
First Street
S.E
Iowa
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