Nine governments subsidize steel exports to United States
The Commerce Department issued a preliminary ruling that nine governments including Britain France and Germany subsidized steel exports to the United States, triggering automatic trade sanctions. Imports from 1981 totaled 3.9 million tons worth 1.4 billion with subsidies ranging 1 to 40 percent.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Europe
United States
U.S
Britain
Belgium
West Germany
France
Italy
Luxembourg
Netherlands
Brazil
South Africa
David Roderick
U.S. Steel
Department
Gary Horlick
Lionel Ulmer
U.S. International Trade Commission
Dow rises 11 points as budget action boosts stocks
UPI reports a broad market rally on heavy volume after the House passed the 1983 budget. The Dow climbed 11.03 to 809.74, the NYSE index rose, and the S&P 500 gained 1.63 to 111.24. Strong gains were led by American Hospital Supply, Ford, GM, and IBM amid positive inflation data and Lebanon ceasefire hopes.
MENTIONED IN THIS ARTICLE
New York
UPI
Israel
Syria
Lebanon
Dow Jones
Dow
DJIA
Standard & Poor
NYSE
Cities Service Raises Mesa Offer To 21 Per Share
Tulsa UPI Cities Service raises its bid to 21 a share for 51 of Mesa Petroleum stock up from 17 to outpace Mesa financing moves. Eligible Mesa holders tendering by the Thursday deadline now secure 21 a share rather than 17.
MENTIONED IN THIS ARTICLE
Chrysler
Business Week
IBM
DJIA
Eli Lilly
Lilly
England
Mesa Petroleum
Cities Service
Mesa
Tulsa
UPI
Cities
Cities Friday
First Iowa condo auction set in C R
Bjornsen Investment Corp announces a one day auction July 17 at 1 p.m. to sell the remaining 66 Plaza East units in Cedar Rapids. Plaza East I has 35 units resold to Pfeifer Condominium Co and taken back. Plaza East II has 31 units. Appraised values range from 88 000 to 135 500 with total value above 6.5 million. Prospective bidders must pre register and view the property daily 2 to 6 p.m. A McGladrey Hendrickson analysis will be provided.
MENTIONED IN THIS ARTICLE
Iowa
Bjornsen Investment Corp
Plaza East
Plaza East I
Pfeifer Condominium Co
Plaza East II
Cottage Grove Ave
Terry R. Bjornsen
Bjornsen
Coolidge Secures Republican Nomination in 1924
On this date in 1924 President Calvin Coolidge who succeeded Harding after his death received the Republican nomination for the fall election. He won by a large margin.
MENTIONED IN THIS ARTICLE
Calvin Coolidge
Warren Harding
Inventories Rise While Sales Continue to Fall in April
Washington D C April Commerce Department data show wholesalers increasing stock by 1.7 percent while total sales drop 0.9 percent for all businesses and 3 percent for the wholesale sector. The stock to sales ratio rose to 1.5 months of supply, up from 1.48 earlier in the year.
MENTIONED IN THIS ARTICLE
Peter Wescott
Burlington
Mass
RCA Automated Systems
Washington
UPI
Commerce Department
Data speed gears up pocket quote system for brokers
Dataspeed Inc plans a handheld battery device with a four line LCD and FM stations to relay NYSE NASDAQ AMEX OTC and commodity quotes. It can fetch data from exchanges within 70 seconds and display up to 40 stocks. Rollout in LA SF Chicago and New York from December to April with a $90 monthly lease.
MENTIONED IN THIS ARTICLE
Dataspeed Inc
California
New York
David B. Lockton
Dataspeed
Los Angeles
San Francisco
Chicago
Iowa ICC updates rules on telephone service and deposits
The Iowa Commerce Commission revised the rules for telephone companies. Disconnections are restricted for unpaid bills with five days notice and same day reconnection if paid. Customers can delay due dates to align with Social Security or welfare payments.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Iowa Commerce Commission
Northwestern Bell
Bell
Commission
Also Mentioned on This Page
American Institute For Imported Steel
Commerce
Malcolm Baldrige
Brussels
Etienne Davignon
European Community
Executive Commission
ITC
Baldrige
American Hospital Supply
Ford Motor Co
General Motors
American Telephone & Telegraph
Federal Communications Commission
At&t
Dome Petroleum
Wang Laboratories
Champion Home Builders
National Association of Securities Dealers
Delaware
C.R
Los Angeles Times Service
Commerce Unit
Cedar Rapids
the Society of Manufacturing Engineers
SME
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