Phone owner discount called too much trouble
Des Moines report on a Iowa Commerce Commission hearing where Northwestern Bell and Central Telephone argued that charging customers the full cost of in home wiring would be too costly to administer. They forecast about a $1 monthly saving but warned record keeping would be complex and could confuse customers moving between homes.
MENTIONED IN THIS ARTICLE
Discount
Des Moines
Northwestern Bell
Richard D. Stemm
Iowa Commerce Commission
Stemm
Bell
Commission
Paul Olson
Central Telephone Co
GM warns on front axle seals and shifter forks in 1980 81 cars
General Motors informs owners of about 1.35 million late-model Cadillacs and other GM brands to check for front axle oil seal leaks and worn shifter forks. Repairs offered under a five year or 50,000 mile window. not a formal recall but a customer satisfaction move. Also EPA ordered a 50,000 Cadillacs recall for 5.7 liter Seville exhaust issues under nitrogen oxide standards.
MENTIONED IN THIS ARTICLE
Detroit
UPI
General Motors Corp
James G. Vorhes
Vorkes
Vorhes
Environmental Protection Agency
EPA
InterNorth declares 53 cent dividend for Q2
InterNorth, Inc. directors set a quarterly dividend of 53 cents per share on common stock payable June 2 to holders of record June 1. The diversified energy company employs 12,000 people and owns Northern Natural Gas Co., Iowa’s largest natural gas supplier.
MENTIONED IN THIS ARTICLE
Omaha
UPI
InterNorth, Inc
Northern Natural Gas Co
Iowa
AMC Local to vote again on Jeep plant pact
Detroit UPI reports the United Auto Workers Local 12 at AMC Jeep plant Toledo Ohio will hold a second ballot on the concessions agreement. The local rejected the pact May 3. Milwaukee and Kenosha locals had approved it, but all three were needed for the plan to take effect. The executive committee voted overwhelmingly in favor of another vote.
MENTIONED IN THIS ARTICLE
Detroit
UPI
United Auto Workers
American Motors Corp
AMC
Jeep
Toledo
Ohio
Milwaukee
Kenosha
Wis
UAW Region 2B
Joe Tomasi
Rating firm gives Iowa unit only C
A New York investment house rated Iowa utilities lower than most states. The Salomon Brothers C rating, based on stockholder profit and rate base, could raise borrowing costs but Iowa Electric Light and Power notes its A bond ratings with S and P and Moody's. Iowa Commission Chairman Andrew Varley says a low rating does not imply unhealthy utilities.
MENTIONED IN THIS ARTICLE
DES Moines
New York
Iowa Commerce Commission
Horace Webb
Iowa Electric Light and Power Co
Cedar Rapids
Salomon Brothers
Iowa
Webb
Iowa Electric
Standard and Poor's
Moody's
Andrew Varley
Iowa Commission
Salomon
Commission
Iowa Power
Varley
Lowa Utilities
Lowa
Schmidt sweetens Pabst merger offer with debt securities
Schmidt and Sons Inc. submitted a revised merger proposal to Pabst Brewing Co. with a higher price than the prior 20.50 cash per Pabst share. The plan adds 5 per share in subordinated debentures to be issued by a Schmidt subsidiary, aiming for completion by August 15.
MENTIONED IN THIS ARTICLE
Philadelphia
UPI
C. Schmidt and Sons Inc
Pabst Brewing Co
Schmidt
Pabst
Why IRA withdrawals incur taxes despite initial withholding
The article explains that employers withhold taxes on wages, including amounts destined for IRAs. When you contribute 2000 to an IRA, you subtract that from taxable income on your federal return, so you are not taxed on that amount in the year earned. You recover the tax via lower taxes due or a refund.
MENTIONED IN THIS ARTICLE
IRS
Os Angeles Times
Milwaukee Road shows profit for March in bankruptcy year
The Milwaukee Road posted a profit in March the first since its reorganization began, with April also indicating gains. Trustee Richard Ogilvie said the railroad may be profitable by year end as operations turned profitable despite a 3 percent earnings drop to 101000 on 30.1 million in sales.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Milwaukee Road
Richard Ogilvie
Ogilvie
Milwaukee
Emory Williams
Williams
U.S. District Court
Thomas McMillen
Rock Island
Culver
Washington
Iowa
Interstate Commerce Commission
Profit takers can't hold market down
New York stocks rose broadly on Tuesday as investors weighed signals of a possible compromise to end the budget stalemate. The Dow Jones average advanced 4.95 to 865.87, the NYSE index gained 0.58 to 68.80, the S&P 500 rose 1.04 to 119.42, and total volume climbed with 1,890 issues trading. Exxon and Mobil led NYSE advances, while tech shares like Texas Instruments and Digital Equipment also moved higher amid a generally positive trading session.
MENTIONED IN THIS ARTICLE
New York
UPI
Reagan
Dow Jones
DJIA
New York Stock Exchange
Standard & Poor
Exxon
Mobil Corp
Texaco
Texas Instruments
Honeywell
Digital Equipment
Hewlett- Packard
The
American Stock Exchange
Meat inspection laxity reported in federal survey
Kansas City report says one in five meat packing plants had adulterated or misbranded meat. A Kansas City Times copyright story notes 32 percent of 272 plants gave satisfactory reports though products likely failed federal standards. Potential substandard meat could reach consumers in 71 percent of plants. 26 percent showed no deficiencies.
MENTIONED IN THIS ARTICLE
Kansas City
The
Kansas City Times
the Times
Also Mentioned on This Page
Judy Daubenmier
Gazette
Consumer
InterNorth
Inc
2Nd Ave. St
Securities Corporation of Iowa
U.S. Treasury
Ranger Oil
Dome Petroleum
Gulf Oil of
Canada
Matrix Corp
Polaroid
Matrix
National Association of Securities Dealers
Postal Thrift Loans, Inc
Money Market
Industrial Loan Thrift Guaranty Corporation of
Thrift Loans, Inc
Marion
Armor
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