Commerce and industry schedule updates this week
This week features multiple department reports on September capacity utilization and personal income, a housing starts release, GNP for Q3, durable goods, and CPI, all expected on various days. Numerous local business and professional group meetings follow, with speakers on tax law changes, white collar crime, robotics, real estate, and estate planning.
MENTIONED IN THIS ARTICLE
Commerce Department
Federal Reserve Open Market Committee
Agriculture Department
Labor Department
Cedar Rapids
Marshalltown
Shyam Bahadur
Iowa State University
Cedar Rapids-Marion
National Association of Accountants
James F. Whalen
FBI
Cedar Valley
Society of Real Estate Appraisers
Wenceslaus Square
Ritch LeGrand
SRA
International Trade Bureau of the Chamber of Commerce
Holiday Inn
Japan
Eastern Iowa
Cedar House
Greater
Five Seasons
International Association of Quality Circles
Longbranch
American Institute of Industrial Engineers
Holiday Inn Holidome
Gary Ryker
Rockwell International
Dan Schmatz
Eastern Iowa Sales Association
Gene Abeldinger
Nash Finch Co
Jim Mitchell’s Horseradish Boosts Spokane Shop to National Taste
Jim Mitchell runs Jim’s Horseradish Factory in Spokane with one assistant, grinding and packing fresh horseradish for Washington Montana and beyond. He sources roots from Tulelake California and Illinois, ships via UPS, and aims to expand to California and Oregon while praising the product’s heat and medicinal claims.
MENTIONED IN THIS ARTICLE
Spokane
Wash
Jim Mitchell
Jim
Lottie
Mitchell
Washington
Montana
Alaska
California
Oregon
U.S. Steel
San Francisco
Los Angeles
United Parcel Service
Fay Morris
Tulelake
Calif
Madison
St. Clair
Illinois
Hawkeye Bancorp posts record earnings and assets in Q3
Hawkeye Bancorp reports quarterly net earnings of 3.5 million and nine month earnings of 9.6 million, with per share 66 cents and 1.97. Assets reach 1.29 billion, deposits 1.06 billion and loans 761 million, aided by equity financing and three new banks. Chicago and North Western Transportation also posts solid nine month income but weaker third quarter. Archer Daniels Midland Co. shows 33 percent quarterly earnings rise to 48.2 million, aided by lower inventory reserves and a 3 percent dividend declared.
MENTIONED IN THIS ARTICLE
Des Moines
Hawkeye Bancorporation
United State Bank of Cedar Rapids
Hawkeye Bank
Chicago
Chicago and North Western Transportation Co
James R. Wolfe
Decatur
Ill
Archer Daniels Midland Co
Cedar Rapids
Billions Wasted on Flawed Federal Data Systems
UPI reports Datamation estimates the federal government wastes about 25 billion dollars yearly on flawed data processing. GSA official Frank Carr cites a 3.7 million contract that cost 6.7 million and produced only 119 thousand dollars of usable software. He blames poor GAO framework and managerial shortages for costly inefficiencies and heavy maintenance costs.
MENTIONED IN THIS ARTICLE
New York
UPI
General Services Administration
Frank Carr
Carr
GAO
Misread Times Ahead Say MSU Forecaster
EAST LANSING Mich UPD Pessimistic Americans misread the economy says Michigan State University marketing forecaster William Lazer predicting brighter times ahead. He cites 1985 1995 as a decade of high growth and argues inflation control will boost productivity jobs and lower unemployment over the next ten years.
MENTIONED IN THIS ARTICLE
East Lansing
Mich
Michigan State University
William Lazer
America
Lazer
Also Mentioned on This Page
United Press International
U.S
U. S. Treasury
ITT Financial Corp
United Energy Resources
Louisiana Power & Light
Garden City
Kan
Kansas Higher Education
Philadelphia
Louisa County
Iowa
New York State Dormitory Authority
Adams County
Colo
Attention
Michael Joyce
By Jerry McGinn
Hawkeye Bancorp
North Western
Marty Smith
Fred Schuchmann
Steven King
Ser Smith Agency. Inc
Oakland Road
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!