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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 12, 1992

Page

22

Everything's $1 store to open at Lindale Mall this week

A new Everything's $1 chain store will open in Lindale Mall near Sears, offering a wide range of items priced at $1. The 2,864 square foot shop employs 25 part timers and is owned by Value Merchants Inc., which operates over 370 stores nationwide including two Iowa locations in Davenport and Council Bluffs.

Lindale Mall Carol Schuley Sears Schuley Value Merchants Inc Iowa Davenport Council Bluffs

Treasury bill rates dip to four week lows

In Monday's auctions, three month bills averaged 3.64 percent and six month bills 3.74 percent, down from last week. The new discounts imply yields of 3.72 and 3.87 percent for 10 000 and 9 810.90 dollar bills respectively. Des Moines reports Iowa power restoration continues through October after a Halloween ice storm. Apple introduces multilingual software WorldScript for System 7 to run on Macintosh.

Washington Treasury Treasury Department DES Moines Iowa Iowa Power Iowa Public Service Iowa Southern Utilities Iowa-Illinois Gas & Electric San Jose Calif Apple Computer Inc Apple

Grainery to house new glass factory

Two Cedar Rapids men and a Swedish investor plan The Crystal Co to convert an 1895 grainery in Amana into a glass factory and showroom. Seven employees start, with licensing talks with the Amana Society and an April 1993 opening aimed for, pending finances.

George C. Ford Cedar Rapids Amana Tom Ecker Arne Samuelsson Hans Lagerqvist Stockholm Sweden The Crystal Co Amana Society Ecker Lagerqvist Samuelsson LeFebvre

Dry week boosts Iowa corn and soybean planting progress

A dry week let Iowa farmers push corn and soybean planting well ahead, with 86 percent of corn in ground and 24 percent of soybeans seeded. Rain is needed to germinate, and germination remains uneven in some areas. Topsoil moisture shows 55 percent short and 45 percent adequate, compared with last year’s 1 percent short, 32 percent adequate and 67 percent surplus.

Des Moines Iowa

Nagle Predicts 50 50 Chance on Ethanol Rules Reversal

Iowa Democrat Dave Nagle says the proposed federal restrictions on corn based ethanol could be reversed. He toured ADM Corn Sweeteners in Cedar Rapids where ADM paused expansion awaiting a definitive EPA ruling. ADM officials argue rules could shift production overseas, harming Midwest farmers, while Nagle seeks a coalition to push for reversal. The EPA hearing is set for June in Chicago.

John Kirsch Dave Nagle Iowa Democrat ADM Cedar Rapids EPA Martin Andreas Andreas Nagle Middle East Midwest Middle West Environmental Protection Agency Chicago Howard Buffett Decatur, Ill Congress

Nagle vows to oppose airline proposal affecting Iowa routes

Rep. Dave Nagle D IOWA vows to fight American Airlines plan reallocating O'Hare slots to jets arguing it would curb commuter service to Waterloo Dubuque and other small Iowa towns. American denies plans to cut services noting possible increased Midwest access.

John Kirsch Waterloo Iowa American Nagle Hotard American Airlines American Eagle Cedar Rapids Dubuque Des Moines

Dow hits record high as rate cut expectations lift market

The Dow Jones Industrial Average rose 28.17 to 3397.58 in heavy gains on expectations the economic recovery could spur another interest rate cut. Volume declined to 155.74 million shares with 22 of 31 Eastern Iowa stocks up, led by Equitable of Iowa and IBM among the top movers.

New York Dow New York Stock Exchange Iowa Equitable of National Computer Systems Norwest Pennzoil Treasury Unilever NYSE IBM Duke Power RJR Nabisco Wal-Mart Americanators Exchange Chmbdeva Hasbro TelCman Seagate Novell AMEX DOW Jones Finance Insurance Utilities Nks Standard & & Poor's Transport Industvwes Ss E Transpt Fee Wilshire Associates Associated Press Riday

Also Mentioned on This Page

Cedar Rapids Area Sam’s Clubs Hypermart USA Sam’s Atlanta United Parcel Service UPS Motorola McCaw Cellular Communications GTE Mobile Communications PacTel Cellular Southwestern Bell Mobile Systems Trioune Media Ted Tokyo C.R Tom America Orrefors Crystal Company Rep Airline Nyse Index
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