State treasurer seeks trading account in New York bank
Iowa State Treasurer Michael Fitzgerald proposes a legislative change to allow opening a trading account with a New York City bank to handle IPERS securities. The change aims to reduce costs by enabling direct funds movement for security purchases and sales, currently hindered by in-state custody rules and fees. Morgan Guarantee Trust of New York holds IPERS, with Bankers Trust of Des Moines acting as middleman. The state would still keep custody with a New York bank and would not create a general funds account.
MENTIONED IN THIS ARTICLE
Des Moines
Michael Fitzgerald
New York City
Iowa
U.S. Securities and Exchange Commission
New York
Fitzgerald
Morgan Guarantee Trust Company
IPERS
Bankers Trust Company
Morgan Guarantee Trust
Bankers Trust
Michael Tramontina
Tramontina
Morgan Guarantee
Kirkwood Travel Series and Local Arts Events Today
Today offers the Kirkwood Travel and Adventure Series The River Thames at 2 p.m. in Ballantyne Auditorium with Bill Madsen tickets 4 50 for adults 4 for seniors and students Reservations 398 5548 Whale Watching at Indian Creek Nature Center 2 p.m. features Lannings photographs fees members 1 nonmembers 2 Italian Paintings exhibit at Cedar Rapids Museum of Art starts 2 p.m. call 366 8203 Coe Contemporary Art Studio hosts Photo Exhibit by Jim Jacobmeyer and Dan Sullivan opening 3 5 p.m. New Music from America piano concert by Michael Daugherty 2 p.m. at Daehler Kitchin Auditorium Coe free Lecture on African culture by Christopher Roy and Peter Nazareth at 2 p.m. Museum of Art U of I Theater times on page 3E.
MENTIONED IN THIS ARTICLE
Kirkwood
River Thames
Ballantyne
Bill Madsen
Indian Creek Nature Center
the Lannings
Jim Jacobmeyer
Dan Sullivan
U of Graduate
Coe Contemporary Art Studio
Center Point Road
America
Michael Daugherty
Daehler-Kitchin Auditorium
Coe
Free
Christopher Roy
Peter Nazareth
U of I
Museum of Art
Food distribution schedule changes and sites listed
The Salvation Army at 1000 C Ave NW will run food distributions 9 to 11 30 a.m. Friday this week only. Other sites operated by the Human Services Emergency Survival Needs Committee follow a normal weekly schedule across multiple churches and centers in Central City, Marion, and surrounding areas with exact days and times noted for each location. Recipient eligibility, locations, and contact numbers are provided for questions. Radar checks are planned in several city areas this week.
MENTIONED IN THIS ARTICLE
Salvation Army
C Ave
Human Services Emergency Survival Needs Committee
St. Mark’s United Methodist Church
Johnson Ave. NW
Sharon United Methodist Church
Ninth Street
18Th Avenue SW
Covington Church
Covington
HACAP
First Christian Church
Third Ave
St. Andrew’s Lutheran Church
Center Point Road
SANSI
Springville
Central City
St. Paul’s Lutheran Church
Mount Vernon
Iowa
Human Services Emergency
Also Mentioned on This Page
N.Y. Bank
Harrison Weber
Iown Newspaper Association
Iowa Public Employees’ Retirement System
Morgan
Tramontind
State
Cedar Rapids Museum of Art
Theater Times
SPEED
Council Street
42Nd Street
Prairie Drive
Franklin Avenue
Edgewood Road
Johnson Avenue
Stoney Point Road
B Avenue
Third Avenue
Cottage Grove Avenue
34Th Street
Memorial Drive
J Street
18Th Street
Rockford Roigh
Wilson Avenue
Blue Cross of
Blue Cross
Blue Shield
Northwest
South Dakota
Grand Avenue
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