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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 19, 1982

Page

24

Iowa Electric shareholders hold centennial meeting with sharp questions

A standing room crowd at IE Tower watched Iowa Electric Light and Power Co. directors re elected as stockholders pressed management on salaries, nuclear plant costs, decommissioning plans, and future stock issues. Board members led by chairman Duane Arnold faced probes on executive pay and long term strategy.

Garette Financial Iowa Electric Light and Power Co IE Tower Palo Samuel Tuthill Execuy I.e

Call for amendding Clean Air Act in bid to balance econ enviro

Industry and labor leaders from Iowa led a Cedar Rapids press conference urging amendments to the 1970 Clean Air Act. They back the Dingell-Luken Bill to keep health standards while easing burdens on business and simplifying regulations, proposing extensions for noncompliant firms for justifiable reasons. They stressed no goal to dismantle the act and cited Deere and Co. as examples of regulatory delays.

Cedar Rapids Farnsley L. Peters Stouffer Five Seasons Hotel Iowa Manufacturers Association Peters National Environmental Development Association Ralph Grotelueschen Deere and Co James R. Sheets Laborers International Union of North America Sheets Nies Grotelueschen The Deere Co Iowa

Market falls as Chase Manhattan crisis drags stocks down

Stocks hit monthly low amid Chase Manhattan woes and Drysdale Securities concerns. Dow slips to 840.85 as bonds fall, NYSE volume rises and major banks trade lower. UAL, Braniff, and Northwest slide amid market jitters over rates and budget standoff.

Congress DJIA Chase-Drysdale Citicorp First National of Chicago Bankers Trust J.P. Morgan Manufacturers Hanover Chemical Bank Continental Illinois BankAmerica UAL Inc

Chamber starts industry survey in Cedar Rapids region

Two member volunteer teams visit local industrial leaders this week under the Existing Industry Task Force of the Cedar Rapids Marion Chamber of Commerce. Director Kenneth Caldwell notes strong cooperation and plans for headquarters visits to major firms after the first week in June.

Cedar Rapids Cedar Rapids-Marion Kenneth Caldwell Economic Development Department Chamber Board of Directors Caldwell

Senate veto blocks FTC used car rules on buyers warning

The Senate voted 69 to 27 to veto FTC rules requiring used car dealers to warn buyers of defects. House approval uncertain but expected. Critics call the rule costly and burdensome while supporters say it protects consumers. The measure precedes a Supreme Court challenge on congressional veto power.

Washington UPI Senate Federal Trade Commission FTC House Robert Packwood R-Ove Congress Supreme Court Larry Pressler R-S.d

Des Moines Register Posts First Quarter Loss

The Des Moines Register and Tribune Co reports a 1982 first quarter loss of 618000 ending April 3, larger than last year’s 162000 deficit. Letter from Chairman Kruidenier and President Gartner cites weak newspaper division results and 4.9 percent revenue decline due to softer advertising lines.

DES Moines Des Moines Register and Tribune Co David Kruidenier Michael Gartner Des Moines Register Tribune

Also Mentioned on This Page

By Bruce Fishwild Commerce Commission Duane Arnold Gary Ind Arnold Iowa Electric Indiana Martin L. Andreas James E. Coquillette William O. Gray Lee Liu Leo Nussbaum Richard E. Scherling Stevan B. Smith Walter E. Brown Marshalltown David Q. Reed Kansas City James A. van Allen Iowa City John Murray Coe College By Christie Wallacester New York Chase Manhattan Standard & Poor Chase Mahnattan Chase Drysdale Government Securities Corp American Airlines Braniff Trans World Northwest Airlines Lucky Dome Petroleum Wang Laboratories Champion Home Builders National Association of Securities Dealers Chamber England Henry the VIII Anne Boleyn Inc 2Nd Ave Securities Corporation of Iowa U.S. Treasury Rghter Co Judd United Feature Syndicate, Inc Seichow and Righter Co Scrabe
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