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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 23, 1980

Page

1

Inflation slows as consumer prices rise 0.9 percent in April

The Labor Department reports April CPI up 0.9 percent the smallest rise in over a year as energy and food costs ease. Annual inflation implied near 11 percent with gasoline flat after March gains, while weekly earnings fell 1.2 percent inflation-adjusted.

Washington Labor Department Patrick Jackman

Cedar Rapids Tuition Rise At Kirkwood College

Cedar Rapids residents face higher tuition at Kirkwood College next fall the first increase in four years. The Gazette notes multiple pages with additional local items including urban renewal plan allocations and a Carter administration banking policy update.

Kirkwood College Cedar Rapids U.S. District Court

Tax Joke on Tax Collectors and Taxidermists

A concise quip contrasts the tax collector with the taxidermist noting the taxidermist keeps the skin while the tax collector keeps a ledger. The line plays on tax terminology with a humorous twist.

Banks slash prime rate to 14 percent amid easing credit

Citibank lowers its prime lending rate by two points to 14.4 percent, the steepest drop in a year as open market rates fall. Manufacturers Hanover follows to 14 percent and Chemi cal Bank drops to 15 percent, with further cuts anticipated across major lenders after the Fed’s easing move.

New York Citibank Hanover Chemical Bank Federal Reserve Board First National Bank of Chicago Chase Manhattan Bank Bankers Trust Co

Linn layoffs forecast 5000 by end of May in Iowa

Linn County faces about 5000 layoffs by late May, about 5.2 percent of the workforce. Cedar Rapids firms Vigortone Products Co Norand Corp and Harnischfeger report potential future layoffs. Harnischfeger says 23 production workers were laid off last month with more cuts planned by end of next week. The company employs about 1350 workers.

Linn Cedar Rapids Vigortone Products Co Norand Corp Harnischfeger Wayne Howes Howes

Bush leaves Reagan king of GOP hill

George Bush moves to halt campaign activities citing money issues as Reagan consolidates the GOP lead with California’s June primary. Bush’s next decision on quitting remains expected, while Reagan’s team remains cautious about reading the move as quitting. Iowa supporters react with mixed resolve.

Bush Reagan George Bush Ronald Reagan Carter New Jersey California Susan Morrison Joe Holmes Ing Iowa George Mary Louise Smith Des Moines

Toll in Mount St Helens eruption climbs to 32

Vancouver Washington A UPI report says the Mount St Helens disaster now lists 32 known deaths with 52 missing. President Carter called the blast the worst he has seen and estimated damage near one billion dollars as helicopters search the devastated area.

Vancouver Wash UPI Mount St. Helens Hiroshima Carter Washington Spokane Army National Guard U.S Japan

Also Mentioned on This Page

U.S. Supreme Court Miranda James J. Kilpatrick Carl Kane Cedar Rapids Gazette Linn County Board of Social Services Abby A.C Marion A.C Farm U.S. A Gazette Paul Jensen Graphic Systems Rockwell International Corporation Sacramento Calif Bee Dennis Watkinson Dick Andresen Ron Achey Dale Kueter Associated Press Steve Roberts Detroit Miles
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