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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 23, 1982

Page

19

Inflation varies widely across 15 U.S. cities in 1981 report

The Labor Department said the national CPI rose 8.9 percent in 1981 while urban areas showed a 3.2 percent to 15.3 percent range. Detroit posted 3.2 percent, the lowest, with San Francisco and Minneapolis-St. Paul at 15.3 percent. Regions ranged from 7.1 to 10 percent by area.

Washington UPI Detroit Labor Department San Franciso Minneapolis-St. Paul Houston Kansas City New York New Jersey Chicago Indiana Los Angeles Long Beach Calif Pennsylvania

Deere to Lay Off 470 at Waterloo Works

John Deere Waterloo Works plans 470 more layoffs in a week amid weak farm equipment sales. The Jan 29 action would raise total furloughs to about 700 since last month and about 2,000 since June 1980.

Deere

Puzzle page instruction beat rearrange rows into words

A 1962 United Feature Syndicate puzzle page lists a four rack time limit of 20 minutes. Players rearrange each row of letters to form 2 to 7 letter words and score according to the rules on the right. 7 letter words award a 50 point bonus. Blanks count as any letter but have no value. Proper nouns foreign words slang and hyphenated forms are forbidden.

Judd United Feature Syndicate, Inc

Stocks slip as investors await Fed data and Reagan plan

UPI reports a quiet Friday on Wall Street as traders awaited Federal Reserve money supply figures and President Reagan’s deficit trimming strategy. Dow fell 3.24 to 845.03, S&P 500 slipped 0.37, NYSE composite down 0.22, NASDAQ off 0.57, with volume retreating from Thursday amid White House turmoil and tax debate.

New York UPI Wall Street Federal Reserve Reagan Standard & Poor Fed FRB White House National Association of Securities Dealers Exxon IBM Justice Department Shaklee Wall Street Journal

P G campaigns to quash satanic rumors over crescent moon logo

Procter & Gamble launched a West Coast campaign to dispel claims its crescent moon and stars symbol represents devil worship. Kathy Gilbert said the logo dates to 1851 and symbolizes the original 13 colonies. letters are being sent to media and church leaders to end the rumors. Sales remain unaffected.

Los Angeles UPI Procter & Gamble P&g Kathy Gilbert Gilbert Cincinnati Proctor & Gamble California Washington Oregon West Coast Miss Gilbert Phil Donahue Donahue Minnesota Sun Myung Moon Unification Church

Realtor disciplined for misleading Cedar Rapids ad

Iowa Real Estate Commission suspended P. Stephen Phelan’s license for 30 days after finding he placed an untrue ad in TV Facts claiming 51 homes sold and multiple financing options. He failed to verify information and must complete a six hour course on Iowa licensing law.

DES Movies Cedar Rapids Iowa Real Estate Commission P. Stephen Phelan TV Facts Phelan Iowa R.L. Smith and Co

Talking clocks bid to solve morning wakeup problem

Chicago reports two talking clocks showcased at the National Housewares Exposition. Voice synthesizers announce time and date with his and her alarms. One model is ready for use while the other is a prototype. The Waterbury company notes many women set two times for different wakeups. The clock repeats calls and may run up to an hour and forty minutes if not turned off.

Chicago API Kevin O'Malley Waterbury, Conn O'Malley

ADM earnings, bank gains, and oil price impacts in 1981

Archer Daniels Midland Co posted 1981 fourth quarter earnings of 57.5 million dollars or 79 cents per share, up from 43.9 million dollars. For six months, earnings reached 105.7 million dollars or 1.46 per share. Peoples Bank assets hit a record 153.69 million dollars, with deposits up due to new investments. Diamond V Mills reported best year in 38 years with record sales and plans to double production capacity. Northwest Bancorporation posted 1981 net income of 100.1 million dollars or 3.85 per share, aided by year‑end portfolio shifts. AAA noted a national gas price average of 1.36 dollars per gallon in December 1981, up from 1.246 a year earlier, after crude oil decontrol spurred prices to a high in April.

Archer Daniels Midland Co Peoples Bank and Trust Co Ted J. Welch Welch Cedar Rapids Bloomhall Bloomhall II Clinton A. Dennis Kenneth L. Hartung Diamond V Minneapolis — Northwest Bancorporation Banco First National Bank of Marion Banco Mortage Co Northwest Computer Services of Washington AAA

Also Mentioned on This Page

Northeast North-Central States South West Seichow and Righter Co Scrabble Grams NYSE U.S Peoples Report Diamond V. Mills Diamond V. Mills Inc W.A. Bloomhall W.A. Bloomhall II Dean W. Stauffacher Barbara B. Stauffacher Marvin D. Bailey Robert O. Daniel
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