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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 16, 1968

Page

14

Economy tops $800 billion as GNP hits record

The Commerce Department reports the nation’s gross national product rose to an annual rate of 807.6 billion in the October December quarter, up 16.4 billion from the previous quarter. About half the gain reflecting real output, the rest from price increases. The yearly GNP reached 785.1 billion, matching projections.

Washington Commerce Department Department

Economic Growth Estimates Hint At 1967 Slump Recovery

The report cites a $42 billion year over year GNP gain in 1967 with a projected 1968 level near $840 billion. The Council of Economic Advisers had pegged 1967 GNP at $787 billion, a midpoint of a $10 billion range, later revised to $785 billion. Commerce Department warns figures, especially Q4 data, are preliminary and subject to revision.

Council of Economic Advisers Commerce Department

Financial condition of several Iowa banks reported

Iowa banks filed condition statements as of December 30 1967 and January 1968. Figures show assets liabilities and capital accounts for Cedar Rapids Walford and other institutions including deposits loans government securities and real estate holdings. Authorities certify accuracy and sign by bank officers and directors.

Cedar Rapids Iowa United States State Bank No Farmers Savings Bank of Walford R. C. Erusha Exec E. R. Raiden Cc. Erush Exec E.R. Raiden Wim Henry Schulte MC Brusha State of Iowa County of Benton United State Bank of Cedar Rapids Teaena Anda Cule J. Pochobradsky George A. Chenelicek Lovie J. Pochobradsky George A. Chmelicek T. Prochaska Charles Kriz Livngs Walker State Bank of Walker John H. Lessenden Glenn H. Freeman Henry R. Smith Charles Dukek Ada V

Also Mentioned on This Page

City National Bank Egrich Liabilita Taeda Apital al Koranda Lawrence E. McGeath Lawrence €. McGrath S. E. Coguilerite James E. Joquirlette Conran Arlene E OWA State Commerce Commission Linn County Farm ‘Service Co-Operative Charles City Cornbell Transport Service Incorporated Webster City Des Moines Iowa State Commerce Commission Bernard J. Marlin Frank B. Means Dick A. Witt E_B. Starey Des Alpines United States Gow Subdivision Apital Helen Coppock United Government John H. Lessenhop Glenn H. FR Eman, Asashier Erva P. Kelso Notary Public Gazette Marion Memoriam Rose G. Heneks Byron Heneks Mortuaries—Monuments Novak Monument CO Wath Ave Dial Cedar Memorial Wilmer B. Usher Cedar Crest Ct Evergreen Donavon Gilmore Ee Sever Memorial Shean Federal Building 1St Street East New Smith Corona Block St. SE Buck Twin Pine Golf Course Rusty Vicinity Memorial Dr. and Otis Ad Vicinity Tost Lady’s Fillmore Acioul ROOTS Smulekoff’s Sparkling Jewelry Bulova Elgin Gruen Hamilton Krongint Novaks Massaage Hallmark Nursing Home Mt. Verfrom Puce DE Ike Pho Abe Duncan Studio Nimmer's Center Point Rd Columbia Futoring Winegardner Miller Bros. Plumbing and Heating Zobage Construction Ronnie Glen A. Fay Plaster Co Fearer Bros Mervin Larson and Son LEAR Harry’s Paul Straub Ed Simon Westbrook Coast Don D. Harbaugh Don's Electric Service Merion Hiawathe Jacobson Const. CO Bookkeeping & Tax Service Frank Gorup 1St Ave Gall Basel Jerry Myers A. E. Spaight IBM Doll House Nursery Collins Will I. Oly 17Th Street Child Care Ae St. Joseph's School Téth “Ave 8Th St Old Mission Harrison and Fillmore Snelling & Snelling 2Nd Ave Murphy Tom Murphy Third Ave J. Lynch IBM Corpora First Ave Wee Cedar Rapids Baem Holiday Inn Taylor Derby Station Mt En Rd Electronic Rolding Gazelle Larry Miller Shakey’s Pizza Parlor 1st_Avenue Journeyman Millright National Oats CO Tuas Chaul- Aeur F Ave Ware Ird Ave Harvard Aba Montrose Hotel Montgomery Ward & Co Loshbaugh Ttogr Rapids Chevrolet Slebor Mollars Glue Cross Blue Shield Les Stuffen Chevrolet CO The Turner Co Turner ST. NE Conrac Corp MAN Singer Co Lindale Plaza Bay City Cab CI 1St St. SW Peronnel A. Scheppman & Son Construction Co Okabena Minn Erlangle Skelly Hiawatha Allen’s Bob Cherry 1St Ave. SE Nemtet San Francisco Bs5ee Barry Research U.S George Barry Robert Fenwick Barry Research Corporation Charleston Road Palo Alto Calif Honeywell Aero Bill Erane Honeywell Inc Aerospace Division Stinson N.E Minneapolis Minnesota Honeywell M&f Fred G. Uaina Conco Inc Mendota Illinois Liv Clem Shay Glenn Johnson Allen Mar Shakey's Pizza Partor 1st_Avenue NE Bishop Tim John’s Conoco 7Th Ave National ‘Oats Co NCR School Lialva Buller Seetch, N Nal Cash Register Co 1St Ave. St MR. Jones 9Th St. SE Southeast Asia Vietnam Thailand Techniceans RCA C.F. McNulty L. 4. Steller RCA Service Company Dept. Y Cherry Hill Camden New Jersey
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