NRC grants IE leeway in Palo plant work at Duane Arnold
The NRC approves a plan for Iowa Electric Light and Power Co to set its own construction timetable at the Duane Arnold Energy Center in Palo. IE will map about 109 million dollars in five year work, integrating utility and NRC projects while maintaining safety. The move aims to improve safety through better planning and communication, with officials noting no loss of NRC authority and potential industry-wide influence.
MENTIONED IN THIS ARTICLE
Nuclear Regulatory Commission
Iowa Electric Light and Power Co
Duane Arnold Energy Center
Palo
Iowa Electric
Iowa
NRC
Samuel J. Tuthill
Ken Eccleston
Bethesda
Eccleston
Utilities
Tuthill
Stock market hits Friday record as indices rise
U.S. stocks climbed to new highs in heavy Friday trading led by the Dow up 12.87 to 1,232.59 and the Nasdaq composite topping 300. Volume on the NYSE was the strongest since January 6 as hopes for lower rates supported a broad rally.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
New York Stock Exchange
Fed
Chrysler
American Motors
Ford Motor
General Motors
Merrill Lynch
Phibro-Salomon
American Express
Paine Webber
ELF. Hutton
J.C. Penney
Penney
Exchange
Standard & Poor
S&p
American Stock Exchange
FHA and VA mortgage ceilings cut to 11.5 percent
The FHA and VA loan rate ceiling drops to 11.5 percent effective Monday, a three year low and the sixth decline since last August. Officials say the move broadens home buying and supports a housing-led recovery amid falling conventional rates.
MENTIONED IN THIS ARTICLE
Washington
Federal Housing Administration
Veterans Administration
Reagan Administration
Trade deficit narrows as exports rise in early 1983
U.S. exports gain 4 percent to 50 billion in the first quarter of 1983, led by wheat to the Soviet Union and civilian aircraft sales, while imports fall 3 percent to 58.4 billion due to a 5.2 billion drop in oil. Baldrige warns the overall year deficit will remain large amid strong dollar and rising imports.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce
Malcolm Baldrige
Baldrige
Commerce Department
Department
Soviet Union
Canada
Ford recalls 9,580 vehicles over fan blades and fuel issues
Ford Motor Co says 9,580 vehicles are recalled for fan blade cracks that could injure and fuel system faults. About 7,633 heavy duty 1978 1980 C series trucks with Caterpillar 3208N engines face blade failures. 1,200 light duty 1980 1982 E and F series Econolines may leak fuel or lose pumps. 747 1982 B series and other trucks may have faulty rear brake adjusters. Free repairs offered.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Ford
Money supply reverses two week decline in late April
The Fed reported M1 rose to 495.4 billion in the week to April 27 from 494.0 billion, ending a two week fall. Traders blamed the surprise on bond markets as yields and longer term prices moved despite a broad market rally.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Fed
Jeffrey Leeds
Chemical Bank
Treasury
W. Lee Hoskins
Pittsburgh National Bank
Gazette officers and directors renamed at annual meeting
The Gazette Co. re elected its officers and directors at the annual stockholders meeting Friday. Officers: Joseph Hladky Jr. chairman of the board, Joe Hladky III president, John L. Donnelly executive vice president and treasurer, Elizabeth T. Barry secretary. Directors: Richard F. Kennedy Waukegan Ill James Coquillett William C. Crawford Elizabeth T. Barry J F Hladky Jr J F Hladky III John Donnelly all of Cedar Rapids.
MENTIONED IN THIS ARTICLE
The
Gazette Co
Joseph Hladky Jr
Joe Hladky III
John L. Donnelly
Elizabeth T. Barry
Richard F. Kennedy
Waukegan, Ill
James Coquillette
William C. Crawford
J.F. Hladky Jr
J.F. Hladky III
John Donnelly
Cedar Rapids
Postal stop on Gasaver mail order false ads
The Postal Service halted mail for National Fuelsaver Corp of Brookline and inventor Joel Robinson after a Massachusetts judge ruled their Gasaver advertisement false. The ruling permits a minimum five percent fuel economy claim but rejects the 48.3 percent figure.
MENTIONED IN THIS ARTICLE
Washington
Postal Service
Massachusetts
Carroll C. Dicus Jr
National Fuelsaver Corp
Brookline
Mass
Joel Robinson
Dicus
Ozark Reports First Quarter Earnings Decline
Ozark posts 1983 first quarter ended March 31 with operating revenue up six percent but net income at 3.966 million versus a 0.938 million loss prior year. Officials cite heavy traffic on deep discount fares as the cause of the loss despite higher passenger counts.
Equitable of Iowa Cos. Quarterly Earnings Report Highlights
Equitable of Iowa Cos. reports for the quarter ending March 31 1983. net income rose to 3.04 million from 3.048 million per share 45 cents to 39 cents. Younkers subsidiary shows a loss of 4353 thousand versus 1.03 million a year ago with sales at 34 million versus 31 million.
MENTIONED IN THIS ARTICLE
Younkers
Also Mentioned on This Page
Dale Kueter
Nuclear Industry
Three Mile Island
Nucleonics Week
Toledo Edison
Boston Edison
DOW Jones
Industrials
Samuel R. Pierce Jr
Housing and Urban Development
Pierce
Mark J. Reidy
Mortage Bankers Association of America
Reidy
Ozark
Equitable of Iowa Cos
Marion
Wal
Delkers
7Th Street SE
Cedar Rapids Park
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