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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 07, 1982
Page
22
The Federal Reserve reports April consumer installment credit. Commerce Department releases plant and equipment expenditures. retail sales cash register activity in April. Labor Department producer price index measures wholesale price changes. All dates are expected this week with times listed for each release.
Pulsar Time Inc showcases the 1982 all quartz watch line and other major debuts in a press preview in New York City. Manhattan Cable TV unveils the nation s most sophisticated satellite receiver station in a Tuesday event in Manhattan. Formica Corp Briefs New Surfacing Material in a Wednesday New York briefing.
The Cedar Rapids Consumer Credit Association schedules its annual June Party at the Longbranch Supper Club. Social hour begins at 5 30 p m with dinner at 7 p m Tickets were to be bought by 10 am June 4.
Public sale week of June 7 features Mead Mead Corp notes and various power utility issues. Tax exempt notes include Minnesota G O bonds and Maryland revenue anticipations with maturities through 1997. Several state housing authorities and redevelopment agency notes anchor the calendar alongside large project notes and hospital facility financings.
National money rates show Prime Rate 16.00 to 16.50, Discount Rate 12.00, Dealer's CP 13.50 to 13.00 for 30 to 180 days, Issuers CP 13.10 for 30 days, 12.65 for 90 days, 12.20 for 270 days. CD rates span 13.15 to 13.30 across 30 to 269 days. Broker Call Loan 14.75 to 15.25, Feds 13.50 high to 13.375 low, close 13.50. Source Telerate Systems Inc.
A Los Angeles era exhibit traces Henry J. Kaiser's rise from a New York born immigrant to a powerhouse builder. It covers Hoover Dam cement and shipyards glory, Kaiser Aluminum, Kaiser-Frazer cars, and his prepaid medical program.
When a money market mutual fund fails to respond, start with a written complaint to the fund president and request a call back with confirmation of investigation. If unresolved, contact the SEC at 500 N Capitol St Washington DC 20549 or (202) 272-2900 and copy all documents. Consider state regulators and trade associations as additional avenues.
Nearly 4,000 businesses may shut this year due to natural catastrophes or supplier failure. The Independent Insurance Agents of America says proper contingency planning and business interruption insurance can maintain cash flow and cover overheads during closures and the transition back to full operation.
Sharp Electronics Corp. unveiled the SF-781 desktop copier with a built in voice synthesizer that speaks nine sentences. The machine can announce malfunctions and warns operators to remove the original document if left inside.
This article explains current Social Security benefit scales for 65 retirees, how to obtain personal earnings statements, and the impact of aging computer systems on agency processing. It also urges yearly reviews of earnings records and discusses IRAs as a private retirement funding option.
Titonka businessman Roger Wabben launches what he calls Iowa's first automated gas station at Madrid Boone County. No attendants. customers use plastic cards and a computer to select gas. Grand opening set for June 12 with a one dollar per gallon promo and 24 hour access via cards.
The AP corrects a Money page error showing a $1000 long term gain and $1000 short term loss. If both occurred in the same year they offset, not changing the tax bill. To claim favorable tax treatment, gain and loss must fall in different years.
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