Economic reports due this week from the government
The Commerce Department releases its September factory capacity data on Monday and previews third quarter preliminary Gross National Product on Thursday. Personal income and housing starts are expected Wednesday, with weekly unemployment benefits data and the money supply from the Federal Reserve due mid and end of the week respectively.
MENTIONED IN THIS ARTICLE
Commerce Department
Labor Department
Federal Reserve Board
Professional and trade group talks schedule in Cedar Rapids area
A series of upcoming meetings features speakers on topics from Iowa securities regulation to high technology, export competitiveness, and FDA chemical detection. Events span Tuesday to Thursday at venues including the Roosevelt the Longbranch and the Sheraton Inn with social hours starting from 5:30 p.m. 11:45 a.m. and 6 p.m. respectively.
MENTIONED IN THIS ARTICLE
Craig Goettsch
Iowa Securities Regulation
Cedar Rapids
National Association of Accountants
Roosevelt
Insurance Women of
Cedar Rapids, Inc
Cedar Rapids Country Club
Ted Johnson
J-Tec Associates
Iowa High Technology Commission
Iowa
American Society of Mechanical Engineers
Longbranch
Wilma Schnathorst
Waterloo
Iowa Division of
Professional Secretaries International
A.N. Palmer
PSI
Sheraton Inn
Fred McWhorter
Bee Line Co
Bettendorf
Cedar Rapids International Trade Bureau
Sheraton
Bond calendar roundup of regional and utility financings
Bond calendar lists multiple upcoming issues including California 160 million 1984 2003 and New Orleans 30 million 1984 1998 bonds with Salomon Brothers, Alaska housing 125 million 1985 2010, Texas Central Education 54 million 1984 1994, and Wisconsin 700 million notes 61584. Also notes secondary offerings and IPOs for utilities and financial firms with various underwriters.
MENTIONED IN THIS ARTICLE
California
Salomon Bros
Arkansas
Pulaski County
New Orleans
Pacific Gas & Electric
Tulsa
Alaska
HFC
Alaska Housing Financial Corp
American Southwest
Avco Financial Services
Indiana
Lake County
Kansas City Power & Light
Merrill Lynch
National money rates Friday report
The prime rate stands at 11 percent with the discount rate at 814 basis points. Broker call loan rates range 10.00 to 10.50 percent while the federal funds market shows a high of 95 and low of 9144 with last at 90 percent. Dealer and finance company commercial paper maturing 30 to 180 days yield 9.00 percent and 9.25 to 8.875 percent respectively.
Carlotta Hyde Leads Carlotta Cosmetics Team From Shingle Springs
In Shingle Springs California Carlotta Hyde heads a multimillion dollar cosmetics line and oversees about six thousand direct sales distributors. She models for Carlotta cosmetics and promotes a cash driven work ethic citing training and belief in positive thinking. The Carlotta line has sold over twenty million dollars worth since February through National Toll Free Marketing founded by Ben Gay III based in the same community.
MENTIONED IN THIS ARTICLE
John Howard
Associated Press
Shingle Springs
Calif
Carlotta Hyde
Sierra Nevada Foothills
Ms. Hyde
Carlotta
el Dorado High School
National Toll Free Marketing
Sacramento
California
Ben Gay III
Carlotta Cosmetics
Gay
Ben Gay IV
Absorbine Jr
Misleading sweepstakes warning and consumer tips
A reader recalls a tempting prize flyer that required buying $100 of product and attending a sales pitch. FTC guidelines and BBB suggestions warn about fake official notices and high pressure sales while noting many sweepstakes are legitimate and regulated.
MENTIONED IN THIS ARTICLE
United States
Federal Trade Commission
Better Business Bureau of
Metropolitan
New York
FTC
Planning on Social Security experts say you're misguided
The piece summarizes how congressional action on Social Security falls short of solving deficits and that benefits may tighten. It notes higher taxes, gradual retirement-age increases, and delayed cost-of-living adjustments. It advocates individual retirement accounts as alternative planning tools.
MENTIONED IN THIS ARTICLE
The
Tax Foundation
Mercer
FDIC seeks 29 million judgment from Chase over Penn Square dealings
The FDIC pursues a 29 million judgment in federal court against Chase Manhattan Bank over loans to Penn Square Bank before its collapse. Initial figures cited 67 million compensatory and 10 million punitive, later corrected to 19 million compensatory and 10 million punitive. The FDIC alleges unlawful coercion to recover 19 million. Chase calls the charges meritless.
MENTIONED IN THIS ARTICLE
Oklahoma City
Federal Deposit Insurance Corp
Chase Manhattan Bank
Chase
Penn Square Bank
Penn Square
FDIC
Washington
William Dudley
Dan Persinger
Oklahoma City Bank
Steve Rautenberg
New York
Also Mentioned on This Page
Bond Calendar
Telerate Systems Inc
Sylvia Porter
Johnson Drive
Fairway
Kan
Universal Press Syndicate
Chet Carrier
NEW York (Ap
Congress
William M. Mercer Inc
Fred Schuchmann
Millhiser Smith Agency. Inc
Oakland Road
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