Factories operate at 68.4 percent capacity record low
Washington reports October factory utilization at 68.4 percent, the lowest since 1948 amid shrinking production in steel and oil. Auto industry at 49.1 percent faces downturn, fueling fears about bottlenecks when recovery arrives. Reagan weighs accelerating a three year tax cut to boost 1983 spending, proposing a 10 percent withholding cut effective January 1.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Fed
William C. Dunkelberg
National Federation of Independent Business
Federal Reserve
Iron and Steel
Petroleum
Reagan
Treasury Department
Doctors urged to offer free care to unemployed Iowans
The Iowa Medical Society urged its 3100 members to redeclare willingness to provide free care or flexible payment plans for needy patients hit by the recession. Local societies should establish temporary programs to aid those not qualifying for government aid, with some counties like Dubuque already acting.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Iowa Medical Society
Medical Society
Hormoz Rassekh
Council Bluffs
Rassekh
Dubuque
When two people get what neither of them wanted
A short note comments on a situation where two individuals end up with outcomes neither desired. The reference hints at an ironic or paradoxical result without detailing names, places, or dates. The phrase suggests a reflexive conflict where satisfaction and disappointment collide.
Ex-CIA Agent Wilson Found Guilty of Smuggling Guns
Edwin P. Wilson, former CIA asset, convicted by a jury in Alexandria on seven counts of conspiracy and firearms violations for smuggling four pistols and an M 16 rifle to Libyan agents in 1979. He was acquitted on one handgun charge. sentencing set for Dec. 17. he remains jailed on a 20 million dollar bond.
MENTIONED IN THIS ARTICLE
CIA
Edwin P. Wilson
Alexandria
Virginia
Gazette
Libya
Wilson
U.S
Richard L. Williams
Herald Price Fahringer
Fahringer
Lewellyn Given 20 Years for $17.7 Million Bank Embezzlement
U S District Judge William C Stuart sentenced Gary Lewellyn a 34 year old Des Moines stockbroker to four consecutive five year terms totaling 20 years for embezzling 167 million from Humboldt National Bank and University Bank and Trust. Lewellyn expressed desire to make restitution to victims and his family attended the sentencing. The judge rejected compulsive gambling as a defense and said the crime required a strong deterrent.
MENTIONED IN THIS ARTICLE
Des Moines
Gary Lewellyn
Lewellyn
Stuart
Humboldt National Bank
University Bank and Trust
Humboldt Bank
Clifford
Las Vegas
Also Mentioned on This Page
Congress
Low
Nou
Bnots
By Judy Daubenmier
William C. Stuart
Iown
Harold Hughes
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