Zip 4 changes loom for large mailers in Eastern Iowa
Eastern Iowa Postal Customer Conference attendees hear Zip 4 will break down mail to blocks and streets, boosting computer sorting. The Postal Service hopes a half-cent rate reduction for 500 or more machine readable envelopes, plus in-house or outsourced conversion, incentives large mailers to adopt new systems and E-COM service for rapid delivery.
MENTIONED IN THIS ARTICLE
Gary Peterson
Iowa
Eastern Iowa
Sheraton Inn
Cedar Rapids
Postal Service
United States
Des Moines
Postal Rate Commission
Steve Kadlee
John Hagarty
United States Postal Service
Washington, D.C
Rate Commission
Wall Street rally ends as rates fear halts gains
Wall Street’s rally faltered as hints of higher rates spurred selling. Dow fell to 1,140.09 after a record high near 1,145.90, while Nasdaq rose to 270.89 and Amex edged up as volume declined. Analysts noted caution awaiting money-supply data and Fed policy signals.
MENTIONED IN THIS ARTICLE
New York
UPI
Wall Street
National Association of Securities Dealers
New York Stock Exchange
Iowa Firms See Optimism Despite Mixed Conditions
An Iowa survey by CIRAS at Iowa State University showed 63 percent of responding firms report a satisfactory to good business climate. About 39 percent expect a more favorable climate in six months while 30 percent placed orders for plant or equipment in late 1982 and similar numbers planned capital expenditures.
MENTIONED IN THIS ARTICLE
Ames
Lowa
Center For Industrial Research and Service
Iowa State University
ISU
CIRAS
Iawn
Westinghouse and Broan recall 16000 attic ventilator motors
Westinghouse Electric Corp and Broan Manufacturing recall about 16 000 electric motors used in attic ventilators sold nationwide after April 1978. Motors were mis wired and may overheat causing a fire. Affected models are Broan Model 346 and Nautilus Model N346 with specific E322P 159 gray code markings SER-78 or SER'79. Owners should disconnect immediately and call 1 800 821 7700 extension 133 for a free replacement motor.
MENTIONED IN THIS ARTICLE
Pittsburgh
Westinghouse Electric Corp
Broan Manufacturing Co
Westinghouse
Broan
Nautilus
Ford dealers split on new major repair plan rollout
Detroit AP reports Ford Motor Co officials unveiled a program where customers pay once for major repairs and Ford covers subsequent parts while dealers cover labor. About 3,300 of 5,300 U.S. dealers joined. some fear two tier pricing and higher labor costs if repairs recur. Not all dealers signed, citing marketing uncertainties.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Ford
U.S
Jim Burke
Ford National Dealers Council
Corvette price rises to 21800 for 1984 model
Detroit AP reports Chevrolet sets the 1984 Corvette base price at 21800 dollars, up 19.2 percent from 1982. No 1983 production occurred due to plant upgrades in Bowling Green, Kentucky. About 3000 dollars of the increase reflects new standard equipment and tech upgrades. Sale starts in California and expands to remaining states April 21.
MENTIONED IN THIS ARTICLE
Detroit
Chevrolet
Bowling Green
California
Move to strengthen insider trading restrictions
Senate action seeks tougher penalties for insiders who profit from nonpublic information. Legislation by Sen. Alfonso D Amato proposes up to triple profits and fines to 100000, aiming to curb abuses exposed by a Reed case and ongoing grand jury probe. SEC has prioritized enforcement amid calls for harsher penalties.
MENTIONED IN THIS ARTICLE
Washington
Senate
Alfonso D’amato
R-N.y
D'Amato
Subcommittee
Air Force
Thomas C
Reed
White House
Amax Corp
Amax
New York
Grand Jury
Securities and Exchange Commission
SEC
John S.R. Shad
Money supply M1 falls $1.3 billion as week ends
The Federal Reserve reports M1 decreased by 1.3 billion in the latest week, with a 700 million downward revision to the prior week. The drop comes as markets react to shifting money flows amid policy concerns voiced by Fed officials led by Chairman Paul Volcker.
MENTIONED IN THIS ARTICLE
New York
UPI
Federal Reserve
Fed
Paul Volcker
Shaeffer-Eaton Fort Madison Returns to Five Day Week
The Shaeffer-Eaton plant in Fort Madison resumes a five day work week after a period of four days since January. About 80 employees are called back as orders rise. The plant’s workforce stands at about 1,000, down from 1,300 a year earlier.
MENTIONED IN THIS ARTICLE
Phillips Petroleum
Sony
Amex
Dome Petroleum
ATI Inc
Instrument Systems
ATI
Fort Madison
Shaeffer-Eaton
Ray Rutter
Also Mentioned on This Page
Henry Kaufman
Salomon Brothers
Kaufman
Alfred Harris
Stifel Nicolaus & Co
St. Louis
Continental Illinois
Inco Ltd
Merrill Lynch
Humana Inc
National Medical Enterprises
Hospital Corp. of America
Southland Corp
Cities Service Co
Occidental Petroleum
Standard & Poor
Southland
Dale Enochs
Sheet Metal Workers Union
Afl-Cio
Cervantes Convention Center
Enochs
William Poe
Charles Rogenhoffer
Anders
Consumer Corner
ERTA
Holiday Inn
Williams Blvd
Fountain Room
North Park Place
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