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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 17, 1982

Page

21

Economic briefing outlines April and May federal reports

A schedule lists key government releases this week covering factory capacity utilization, personal income in April, housing starts in April, and first quarter gross national product with corporate profits. It also notes several local industry meetings and seminars in Cedar Rapids and surrounding area with contact numbers for reservations.

Federal Reserve Commerce Department Iowa Electric Light and Power Co IE Tower Cedar Rapids Cedar Rapids-Marion National Association of Accountants Stouffer's Five Seasons Hotel William W. Thinnes Tom Ecker Dennis Jochimsen International Trade Bureau Cedar Rapids-Marion Area United Fire & Casualty Co Second Ave Greater Cedar Rapids and Marion Home Builders Association Jim Schoenfelder Central States Energy Research Corp For Information Telephone

Major new public sale issues listed by Salomon Brothers

U.S. Agencies May 19 notes totaling 5.5 billion with maturities through 1984 are scheduled for public sale. Corporate bonds include 100 million Newfoundland Labrador Hydro due 1992, 70 million Southwestern Electric Power due 2012, and 200 million Pacific Gas & Electric due 2015. Tax Exempts itemize Rhode Island Housing and Finance Agency 60 million, Burnsville Edina 99 million, Garfield County Colorado 50 million, New Mexico 55 million, California 150 million with notes through 1983, Urban Renewal 48 million, plus 357 billion New York State tax notes and 118 million Washington notes due 1983–2002. May 20. 590 million Washington Public Power Supply System.

Salomon Brothers United Press International U.S U.S. Treasury Newfoundland & Labrador Hydro Southwestern Electric Power Pacific Gas & Electric Rhode Island Housing and Finance Agency Burnsville and Edina New York State Washington

Godfather's Pizza rises to top of fast food market

Omaha firm built from a single tavern concept to 720 restaurants in 42 states led by William Theisen and Richard Jeffries. The chain sells about 400 million dollars in pizza yearly, with strong franchising, 40 percent reinvestment, and plans to expand to 20 percent of stores and international markets as family dining and value appeal drive growth.

United Press Internewn Omaha Neb UPI Godfather’s Pizza Richard P. People Jeffries William M Willy” Theisen Theisen Pizza Hut Midwest United States Canada Kuala Lumpur Malaysia

Wall Street faces perilous May June period say analysts

Analysts warn May and June often see stock losses but remain cautiously optimistic about a recovery. They cite past May declines, a potential consolidation this spring, and Merrill Lynch sees continued rally strength with light volume and heavy institutional participation.

Wall Street Wweowned New York Newton Zinder E.F. Hutton & Co Yale Hirsch Hirsch Smart Money Merrill Lynch American Stock Exchange New York Stock Exchange

Inflation likely to rise again after 1982 recovery

A Financial Times Q and A cites economists predicting inflation will rebound as energy prices stabilize. The piece notes March deflation may be a one off, with oil and gas prices set to climb and wage trends influencing overall inflation through 1983 and into 1984.

Robert Burns Co New York Labor Department Jack Lavery Merrill Lynch & Co Lavery A. Lavery Chase Econometrics

Scrabble style puzzle with scored word rows

Puzzle page item by United Feature Syndicate presents a 20 minute game. Readers rearrange each row into 2 to 7 letter words and tally points using the provided directions. A 7 letter word earns a 50 point bonus. JUDD'S SOLUTION is due tomorrow May 17 1982.

Judd United Feature Syndicate, Inc Seichow and Righter Co Scrabble

Also Mentioned on This Page

Eastern Iowa Village Motor Inn Garfield County Colo New Mexico California Tobin Rock Chet Carrier Outlook NYSE Lette Tom King Millhiser Smith Agency. Inc Oakland Road
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