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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 03, 1982
Page
56
The nation's companies fail at a record pace as bad management and weak planning, not just economic downturns, drain firms. Small, inexperienced operators dominate failures while larger firms also fall. oil glut, deregulation, and high interest rates deepen the crisis.
In Walnut Creek California UPI reports Santa Claus demand surges as orders for Yale season Santas rise 108 percent despite the economy. Western Temporary Services, a major Santa supplier, notes strong bookings and widespread holiday anticipation.
SCI Realty a division of SCI Capital Corp opens a second floor office at 208 Second Ave SE to support its expansion into residential real estate. President David M Zacher says the move broadens services from industrial financing to full real estate investment options. Donald R Rajtora joins as vice president to lead residential operations. Rajtora a Cedar Rapids native has 10 years in residential real estate and previously worked with Larry Sharp and Co Century 21 and ran his own firm. He holds a GRI designation and is a Winona State College graduate.
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