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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Sep 22, 1986

Page

20

Hot Dog Cart Wins Top Honor In New England

Michael Soetbeer, former personnel director fired at age 43, runs Chez Lenard on Ridgefield Main Street. Six years after starting, his cart earned Yankee magazine's Best Hot Dog Stand in New England. He offers Le Hot Dog and variants from $1.25 to $2.50 and pays $5,000 for the business, turning away the corporate treadmill for local fame.

Ridgefield, Conn Michael Soetbeer New York Daily Main Street Ridgefield Connecticut Soetbeer New England Yankee Magazine Fairfield County Loetbeer Cafe de Ridgefield le Hot Dog Garniture Suisse New York White Plains N.Y Singapore Texas Parent Teachers Association

Market declines prompt a new look back at 1929

New York AP reports on comparisons between the recent stock drop and the 1929 Crash. Economists warn similarities exist but note major differences in investor behavior, with margins tighter today and Treasury securities favored for safety. Program trading could both threaten and support markets depending on economic conditions.

New York Paul Boltz T. Rowe Price Associates Inc Dow U.S. Treasury Wall Street John Connolly Dean Witter Reynolds Inc Treasury Connolly

Marriage penalty deleted from tax bill reshapes family tax

Washington AP reports the latest tax reform bill drops the two earner deduction, risking higher costs for many working couples. Peat, Marwick figures show even dual earners with similar incomes face sizable penalties, with examples from couples earning 25k each and 50k each.

Washington House Senate Associated Press Peat, Marwick, Mitchell & Co

American Business Women meet. speaker on stress at Charlie's

The American Business Women's Association Charter Chapter meets at 6:30 p.m. at Charlie's on the River. Rachael Haley from Mercy Hospital discusses stress. Upcoming reports include the August CPI real earnings and durable goods orders, mid-September auto sales, and the nation money supply for the week ended Sept. 15.

American Business Women’s Association Charlie’s Rachael Haley Mercy Hospital Wellness Department

Savings rate mystery may hinge on numbers not facts

New analysis by Morgan Guaranty Trust argues the Commerce Department mismeasures personal savings. It notes durable goods spending inflates annual consumption while ignoring depreciation, and that government employee pension and life insurance reserves are counted as government savings, not household.

New York America Morgan Guaranty Trust Commerce Department Morgan Morgan Economic Quarterly

Also Mentioned on This Page

Michael Loetbeer Telerate Systems Inc Telerate Finance Company Bankers Acceptances Treasury Bill Nova University Carla Knutson siUe Dale Millhiser Smith Agency Life E Business Health Oakland Road Rinderknecht
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