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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 08, 1977

Page

29

Market Outlook Questioned as Stocks Decline in Slow May

Washington columnist J A Livingston analyzes why stocks drift lower despite improving indicators. He cites inflation, bond yields, earnings growth, and momentum shifts in pensions and mutual funds while noting the Dow remains a uncertain gauge of value.

New York Wall Street Jimmy Carter White House

Dow Industrial Average Struggles to Break Triple Mark

The Dow fails to sustain a rise above 1,000 after seven attempts amid inflation and global tensions. Carter’s energy plan and clocking world deficits weigh on investors as Presidents meet, leaving the index unable to break through Wall Street’s summit.

Dow U.S Vietnam Nixon Carter Congress Dow Industrials Wall Street

Bonds Won't Build Inflation Hedge Says Columnist

The Q and A column discusses bonds versus common stocks as inflation hedges. Bonds offer fixed income but may underperform while common stocks can rise in value but are not guaranteed. The exchange explains yield to maturity, current yield, and price moves, with sample AT&T bonds illustrating how price changes affect overall return. Sam Shulsky invites readers to send questions for future columns.

Sam Treasury At&t

Bank Names New Officer Dwayne S Smith

Des Moines native Dwayne S Smith named executive vice president of United State Bank effective Monday. Formerly a correspondent banking officer at Iowa-Des Moines National Bank, he is a Drake University alumnus and active Greater Des Moines Chamber of Commerce member. He and his wife have three daughters.

Dwayne S. Smith United State Bank Iowa-Des Moines National Bank Des Moines Drake University Greater Des Moines

Cedar Rapids Bank Clearings Up From Week Before

Cedar Rapids clearing house reported Friday that bank clearings for the week totaled 20,268,954 dollars, up from 15,091,055 dollars the prior week. Figures for the same week last year ended May 7 at 20,744,549 dollars.

Cedar Rapids Clearing House

Kwik-Way Announces Board Picks and Officers

Kwik-Way Industries Inc stockholders named Thomas B. Gavin William O Gray F Cruz Hahn and Thomas A Parks all of Cedar Rapids Jane Hahn Naples Fla Norman Sundholm Rock Island Daniel E Virnich Chicago and Robert R Vinson Freeport Ill to the board of directors at the annual meeting. At the follow up directors meeting officers elected Thomas A Parks president and CEO Hans Dieter Ochs senior vice president Thomas B Gavin corporate secretary Walter J Egner treasurer and William O Gray vice president.

Kwik-Way Industries, Inc Thomas B. Gavin William O. Gray F. Cruz Hahn Thomas A. Parks Cedar Rapids Jane Hahn Naples Fla Norman Sundholm Rock Island Daniel E. Virnich Chicago Robert R. Vinson Freeport Ill Kwik-Way Industries Kwik-Way Manufacturing Co Marion Cedar Rapids Engineering Co Line-O-Tronics, Inc Kwik-Way of Canada Ontario Hans Dieter Ochs Walter J. Egner

Kingsberry Homes Expands Plant in Sigourney

Kingsberry Homes a Boise Cascade unit begins a 360000 expansion at its Sigourney facility. Plant manager Myron Burns says the current warehouse will become a production area after a new warehouse is finished, enabling two shifts year round. Expansion may include sectional homes production in the future.

Sigourney Kingsberry Homes Boise Cascade Myron Burns Burns

Also Mentioned on This Page

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