Fordman calls 83 turning point in Ford history
Ford's 1983 model year described as a turning point by Henry A Nickel chief North American power-train and chassis engineer at a Cedar Rapids press conference. He said 1983 will bring the largest new car and truck introductions and rival the impact of Model T Model A and postwar Ford launches. Nickel cited quality gains and 48 percent improvement over years and predicted 3 billion dollars of new vehicles and 32 all new models by 1985 with electronic engine control leading future power train advances.
MENTIONED IN THIS ARTICLE
Bruce Fishwild
Azette Financial
Ford Motor Co
Cedar Rapids
Stouffer's
Five Seasons Hotel
Henry A. Nickel
Ford
Claude Stachura
Spector
Chicago
Nickel
Chrysler
Stachura
Stocks end mixed as Dow slips from 18 month high
The Dow Jones fell 5.42 to 1,013.80 after a morning surge sparked by Henry Kaufman forecast, with broad declines and gains among 2,014 issues. Pfizer plunged 44 percent, IBM rose on new programs, Exxon raised crude prices, and NASDAQ hit a new 1982 high as trading remained heavy.
MENTIONED IN THIS ARTICLE
New York
UPI
Henry Kaufman
DJIA
Standard & Poor
Pfizer
IBM
Exxon
Chrysler Corp
United Auto Workers Union
UAW
E.F. Johnson
Western Union
Johnson
Curtiss-Wright
Teledyne
Freight rate hike announced for Cedar Rapids shipments west
The Rocky Mountain Motor Tariff Bureau of Denver proposes a November 29 effective rise for shipments to the Rocky Mountain states and West Coast. Net increase 2.23 percent. larger shipments cut, smaller lifted, with minimum charges up 11 percent.
MENTIONED IN THIS ARTICLE
West
Cedar Rapids
Rocky Mountain States
West Coast
Rocky Mountain Motor Tariff Bureau of
Denver
Dick Petska
The
Chamber of
Earnings reports from Weyerhaeuser and GTE
Weyerhaeuser Co reports a 49 percent drop in third quarter earnings to 31 million dollars on sales of 1.024 billion as markets for building materials struggle while signs of firming appear. GTE posts a 14 percent rise in third quarter earnings to 199.07 million dollars on revenue of 2.981 billion with nine month results at 598.02 million dollars and 8.9 billion in revenue.
MENTIONED IN THIS ARTICLE
Tacoma
UPI
Weyerhaeuser Co
Mount St. Helens
George H
Stamford, Conn
General Telephone & Electronics Corp
Theodore F. Brophy
GTE
Gazette
Manchester
Tama- Toledo
Caterpillar reports first non-strike quarterly loss since 1930s
Caterpillar Tractor Co. posts a third quarter loss of 28.1 million with sales of 1.7 billion and warns of a substantial after tax loss for the full year as UAW strike begins and talks resume. Third quarter volume falls 36 percent versus last year with U.S. sales down 26 percent and foreign sales down 35 percent.
MENTIONED IN THIS ARTICLE
Peoria, Ill
UPI
Caterpillar Tractor Co
United Auto Workers
Caterpillar
St. Louis
U.S
Reporting U S Treasury note original issue discount
The IRS usually does not require reporting small original issue discounts on Treasury notes. If the discount is sizable enough to trigger reporting, treat it as ordinary interest income in the year the note matures or is sold. In your case the $8.90 discount falls below the reporting threshold.
MENTIONED IN THIS ARTICLE
U.S. Treasury
Federal Reserve Bank
Treasury
IRS
Los Angeles Times Service
Fairchild Industries Q3 earnings slip on weak economy
Fairchild Industries posts 35 cents a share in third quarter earnings down from 79 cents a year earlier as A-10 procurement slowdown and weak economy curb demand. Net income reached 6.5 million on 231 million sales versus 14.6 million on 305 million sales a year prior.
MENTIONED IN THIS ARTICLE
Western Union
E.F. Johnson
Communications Satellite Corp
Germantown, MD
UPI
Fairchild Industries, Inc
Corn Futures Contract Approved for New Orleans Exchange
The Commodity Futures Trading Commission approved a corn futures contract for the New Orleans Commodity Exchange. Trading is set to begin Friday October 22 at 10 00 a.m.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commodity Futures Trading Commission
New Orleans Commodity Exchange
Collins wins 8.5 million rockwell contract for ARC radios
The Air Force awarded Collins Telecommunications Products Division of Rockwell International an 8.5 million contract for ARC-171-1C ultra high frequency radios and related gear built at the Cedar Rapids Rockwell-Collins plant. Oklahoma City Air Logistics Center announced the award. Delivery begins next August and ends the following August, with satellites enabling secure voice links for EC-135 command posts worldwide.
MENTIONED IN THIS ARTICLE
Air Force
Collins Telecommunications Products
Rockwell International
Rockwell-Collins
Cedar Rapids
Oklahoma City
Also Mentioned on This Page
Fordman
Dow
Wang Laboratories
Dome Petroleum
Champion Home Builders
National Association of Securities Dealers
Interstate Commerce Commission
ICC
Sto
Bureau
Weyerhaeuser
Allis-Chalmers
Milwaukee
Allis- Chalmers Corp
David C. Scott
Scott
Harnischfeger Corp
Fairchild
Tenneco Automotive
Walker
Harrisonburg
Sharon Smith
Collins
Marion
Cais
Ihe
St. SW
Ginnie Mae
Ginnie Maes
C.d.s
National Mortgage Association
Securities Corporation of Iowa
Second Avenue South East
Iowa
SIPC
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!