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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jul 23, 1997

Page

13

Firms report strong Q2 1997 earnings and asset gains

Brenton Banks Inc posts a second quarter net income of 4.407 million, up 23.5 percent from a year earlier, with first half fiscal 1997 net income at 8.608 million, assets at 1.655 billion. APAC TeleServices Inc reports Q2 results with net income at 8.6 million, revenues 91.6 million, and year-to-date income 17.1 million. Rockwell International shows lower net income in Q3 despite higher sales at 1.929 billion. Columbus McKinnon and Midland Forge report mixed results with pro forma adjustments and acquisitions affecting comparisons.

Brenton Banks Inc Apac TeleServices Inc Cedar Rapids Deerfield,ll Rockwell International Corp Columbus McKinnon Corp Midland Forge Buffalo, N.Y

Yields Fall on Two Year Treasury Auction

Two year Treasury notes fell to the lowest yield in five months in Tuesday's auction. The high yield reached 5.93 percent, down from 6.027 percent at the June 24 sale, with a 5 percent coupon and a $9,989.80 price per $10,000.

Treasury

Greenspan energizes Dow past 8000 on midyear report

The Dow Jones rose 154.93 to 8061.65 as Alan Greenspan testified to Congress. He warned on inflation but signaled tolerance for rate hikes, lifting markets after Friday’s slide and surpassing the prior record close. Volume surged to 579.56 million shares with broad gains among names like HON, P G, ROK, AEGON, IP, Weyerhaeuser, Gillette, United Technologies, Kodak, GE, and Firstar.

New York Federal Reserve Alan Greenspan Congress Dow

Washington County Fair unites farm generations

At the 1942 Washington County Fair a 13 year old 4 H member and local farmers discuss restoration of an Oliver tractor. Vic Bowen arrives late due to rain and chases escaped cattle while noting a scaled down grain wagon display. Livestock shows and events are scheduled with a rodeo and demolition derby on coming days.

Washington Washington County Heath Frieden Kalona Vic Bowen Keota Bowen Oliver Frieden

Jimmy's Bistro owner plans second Iowa City restaurant

Jim Rinsem, owner of Jimmy's Bistro at 325 E. Washington St., says a second restaurant, Jimmy's Brick Oven Cafe, will open in Walden Square on Mor mon Trek Boulevard. The Western California style menu centers on a large brick oven with 170 inside and 75 outside seats.

Jim Jacobson Johnson County Iowa City Jimmy Rinsem California G.A. Malone’s Sluggers Rinsem and Sundberg Design Consulting Cedar Rapids McComas-Lacina Construction Art Chapman

New C R building to house gem firm

A two story structure at 3186 Mount Vernon Rd SE will replace an older building that houses Blue Stone gem business with two apartments above. Blue Stone, opened by Gerry and Helen Sullivan in 1995, will occupy 1203 square feet in mid August in one of two retail spaces on the new lower level. The other retail space remains vacant. The new building includes three apartments on the second floor and after completion the old building will be demolished for a parking lot.

Gazette Mount Vernon Rd Gerry and Helen Sullivan Blue Stone Gerry Sullivan Mike Odell Odell Construction

Branstad Opposes Dictatorship by Scientists on Hog Lot Rules

Des Moines AP governor Branstad urges regulation based on science and practicality and warns against allowing professionals to dictate hog lot standards without public input. He cites hearings and opposes local officials’ role, while dodging a question on Lightfoot’s stance.

Branstad DES Moines Terry Branstad Jim Ross Lightfoot

Also Mentioned on This Page

Brenton APAC Rockwell Columbus McKinnon Greenspan Enlivens Dow Greenspan Capitol Hill Fed Central Bank New York Stock Exchange Iowa HON Industries Procter & Gamble AEGON International Paper Weyerhaeuser Gillette United Technologies Western Atlas Norwest General Electric Eastman Kodak Firstar Penwest By Marlene Lucas Danny Gent Matt Gent Matt C.R Iowa Equipment Distribution Program EDP W. Broadway Council Bluffs U.S FIS Frontier Investmed Advis Ffutures.com Pup, Inc Carpet & Furniture 16Th Ave. S.W Nyse Index Amex Biotech Computer Finance Indust Insurance Associated Press Philip Morrs Ibms PepsiCo At&t Corps American Stock Exchange Indus Standard & Poor’s Wilshire Associates Kevin Dire acCarville EduCare EduCare Learning Centers 42Nd Street Southwest Branch 14Th Avenue 1St Avenue u.Weed Anot
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