This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 19, 1982
Page
20
In New York City the stock market fell for the fifth straight session as the Dow slid to 788.62, a 26 month low, with rates rising and a record budget deficit. Cities Service bested the day among NYSE issues, while Gulf Oil eyed by merger talks dropped after a large block trade.
FMC Corp announces layoffs fewer than early estimates with 160 production workers retained over six weeks for critical orders. Office staff reduce from 430 to 190 while production drops from 420 to 160. some lines consolidate with crane unit work moved to Kentucky plants and Cedar Rapids.
Donald Byers of Maytag Co. Newton was named chairman of the Iowa Manufacturers Association at the statewide convention. John Walters of Firestone Tire & Rubber Co. was chosen vice chairman, James Tyler of Atlantic Bottling Co. treasurer, and Cliff Wilson Jr. of Ritchie Industries Inc. secretary. The association’s chairman warned of a likely state budget deficit next year and urged spending cuts rather than tax increases.
The dollar rose to record levels against the French franc and Italian lira and posted gains against major currencies worldwide. It touched a two year high against the yen and a five year high against the British pound while gold and silver traded near key levels as markets stayed wary of a possible pullback.
Ford Motor Co recalls about 2300 1981 and 1982 CL CT and CT series trucks due to universal joint yoke steel issue that could detach from the steering shaft. Owners urged to bring vehicles in for inspection and possible shaft and yoke replacement. no accidents reported.
Congress outlawed collectibles in IRAs to focus retirement funds on assets that aid capital formation and economic growth. Collectibles like antiques coins gems and paintings do not contribute to productive investment. They gained popularity in economic uncertainty as tangible assets but their value can surge and then crash, undermining retirement goals.
The United States M1 money supply rose by 1.4 billion in the week ending June 9, lifting M1 to 454.4 billion and signaling limited relief on rates. Economists warn liquidity strains persist amid high borrowing costs and a bond market pullback following firm failures.
American Motors Corp. will lift prices for its cars and Jeeps starting July 1, with the average equipped vehicle up about 35 dollars or 0.3 percent. Destination charges rise by roughly 26 dollars. The move follows similar hikes by GM Ford and Chrysler.
United Steelworkers leaders from across the nation approved a proposal to open talks with steelmakers on steps to navigate the industry’s deep downturn. The 263 to 79 vote by the Basic Industry Steel Conference included no specific call to reopen the union contract.
Montgomery Ward will sell Maytag appliances in many cities under an agreement reached on Thursday. Introductory plans include Baltimore Washington Chicago Minneapolis St Paul Kansas City Phoenix Tucson Houston San Antonio Los Angeles San Diego and San Francisco Bay areas.
A committee of Braniff ticket holders will be formed to join other creditors in federal bankruptcy court. Judge Bill Brister allowed the group to participate with secured and unsecured creditor committees after Braniff halted operations in mid May.
Commerce Secretary Malcolm Baldrige said consumer spending is rising and inventories have ended their drawdown, signaling a transition from recession to modest growth in the April to June quarter. He pegged inflation adjusted GNP as a key measure.
The fact notes that Tennessee shares borders with eight states: North Carolina Kentucky Virginia Arkansas Missouri Georgia Alabama and Mississippi.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.