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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 17, 1980

Page

28

New York Buyers Drive Gold to 800 An Ounce

Gold surged to 800 an ounce in New York after a brief dip as dealers called the late rally panicky. Prices hit 765 in London and 730.5 in Zurich, with silver at 44 after a 48 London fix earlier.

New York London Zurich Far East Hong Kong Afghanistan Josip Tito International Monetary Fund AP Photo Stephen Cohen Pressman's

Gold rush on West 47th Street drives prices to record highs

Crowds flood shops and refineries as gold prices surge with top grade bullion reaching 770 dollars an ounce before slipping to 748. Onlookers line up outside Rodman & Yaruss Refining Co as buyers swap rings bracelets and chains for cash amid a frenzied market.

New York West 47Th Street 47Th Street

Brass and bond market shifts and Cadillac recall

Copper and brass mill price increases announced by Olin Corp and Century Brass Products reflect higher copper and tin costs. Municipal bonds see a 25 percent surge to 5 billion in new investments led by tax exempt funds, with unit trusts outperforming mutual funds. Cadillac recalls 18,900 1980 Sevilles and Eldorados to inspect potentially loose screws in a shift control bracket.

New York UPI Brass Olin Corp Century Brass Products Inc Chicago John Nuveen & Co Nuveen Naveen Detroit Cadillac General Motors Corp

Cedar Rapids Briefs and Community Advertisements

Street closure on Old River Road SW near Ely and Sunshine for culvert work will last one to two weeks. Various community ads list events, sales, auctions, meetings, and services across Cedar Rapids including a town house game night, Elks Club Las Vegas night, a baby’s social, and a library-like Q and A with agriculture officials.

Old River Road Ely Road Sunshine Street Las Vegas Elks Club Adv

Industry eyes fight on new cancer regulations

Industry groups plan court challenges to OSHA’s plan to speed up the regulation of about 500 chemicals linked to cancer in the workplace. The rule aims to set exposure limits for roughly 10 chemicals yearly, up from two, with broad implications for labor and business costs.

Washington Labor Department Occupational Safety and Health Administration OSHA Eula Bingham National Institute of Occupational Safety and Health Chemical Petroleum U.S. Chamber of Commerce

Brisk Gold and Silver Appraisals Rise in Cedar Rapids

Cedar Rapids report notes brisk demand for appraisals as gold and silver values surge. Local merchants like Doug Stover of Cedar Rapids Silver and Gold Exchange report many customers selling for market gains while others seek insurance rechecks and reappraisals.

London New York Cedar Rapids Doug Stover Cedar Rapids Silver and Gold Exchange Coventry Gardens Stover Joyce Lacy Bezanson-Whitehead-Russell Insurance Agency Tim Schilling Liebke-Hoyt Jewelers Schilling Lacy Dick Roeder Branch Manger Blunt, Ellis, Loews Incorporated

Also Mentioned on This Page

Gazette U.S. Treasury G. William Miller United States U.S Frankfurt Paris Amsterdam Milan Tokyo New York Times Service Valerie Ises Rodman & Yaruss Refining Co Fifth Avenue Avenue of the Americas Harry Yaruss Exchange Howard Horn Goldhorn Refiners Handy & Harman Englehard Horn Business News Cedar Rapids Briefs Five Seasons Extra Jamie Sabin Novak 14Th Avenue SE Johnny’s Parkway Mercy Hospital Town House Eagles Club Danish Maid Bakery Pearls of the Orient Lindale Mall Tiffany Parlor Stegman Custom Draperies Dean Stegman Linn County Old World Decor — Gift Chalet Center Point Road Bennie Ben Franklin Rubber Stamp Company Murray’s Grocery Paperbacks Exchange Edgewood Bobby Smith U.S. Department of Agriculture Jerry E. Struck Iowa Department of Agriculture Carter Soviet Union Newell Machinery American Legion Fourth Ave Siebke Hoyt Jewelers Munich Donald O. Lundquist University of Georgia Dental School Augusta Germany Army Dental Corps Edwin W. Lundquist Fifth Ave Landenberger Corner House W.J. Engraving Iowa Theatre Pierson’s Florists Myrtle Caldwell Mercy Hallmar John Ryer National Education Association Peoples Unitarian Church Third Ave The Cedar Rapids Education Association Owen Ullmann Labor American Petroleum Institute U.S. Court of Appeals New Orleans Society of the Plastics Industry Organized Labor George Taylor Afl-Cio Occupational Safety and Health Department C.R Dave Rasdal
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