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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 26, 1979
Page
21
Chrysler Corp reports a 51.3 percent rise in total sales to 112,835 cars and 36,866 trucks during the 26 selling days ending Sept 20, boosted by a $400 customer rebate program. Inventory fell 27 percent to 216,238 unsold units as executives cite strong buyer confidence despite large losses and federal loan hopes.
Boeing Commercial Airplane Co. said an order for three 747s by KLM raised total 747 purchases to 501 planes. KLM will receive the new jets in September and December 1980 and October 1981.
The National Association of Manufacturers opposes government financial support for private enterprises unless broad laws apply to similar firms. The stance, approved by the NAM board, aims to delay loan guarantees and focus on productivity, fiscal restraint, and deregulation. Chrysler affiliated but declined comment.
Washington D C UP I reports that this week’s Treasury regular auction saw both 13 week and 26 week bills yield lower. The 13 week bills sold 2 9 billion at 9 989 percent. 26 week bills 3 billion at 10 114 percent, the lowest since August 31.
MEMPHIS UP I Holiday Inns Inc and Harrah's signed an agreement for Holiday Inns to acquire Harrah's. They had formed a joint venture last July to pursue new casino developments and announced the purchase of 4.4 acres on the Atlantic City boardwalk for a 500 room hotel and 60 000 square foot casino. The merger requires shareholder approvals federal tax rulings and approvals by Nevada gaming authorities and other regulators.
Dorothy Maclean of Findhorn will give a lecture and lead a workshop in Iowa City from October 12 to 14. The event is arranged by The Clearing and can be contacted at 337-5405 for details and registration.
California winemakers say the grape harvest could be the best of the decade after a warm growing season. Rod Strong of Sonoma Vineyards notes sugars are perfect and balance is ideal. California wineries produced about $1 billion in wine last year across more than 300 producers.
A stream of legal notices from Linn County Iowa covers probate actions, wills and codicils for J Frank Palmer Dora Hopkins Elaine Kinney and Elaine Kinney Estate executors. a general execution on real estate in Cedar Rapids. a juvenile custody matter. probate of will for Elaine Kinney. a civil action by Apex Enterprises against the City of Cedar Rapids seeking declaration of no interest and damages plus attorney fees. notices include dates and required actions for creditors and challengers.
Mayor Johnson convened the regular meeting with Councillors Schlatter Hiner and Mills present. Minutes approved. License renewal for Frank’s Place granted. Resolution 879 names Exchange State Bank as city depository up to 250000. City annual financial report to Auditor of State filed. Tar pet sale deferred pending next meeting. Discussion on school crossing with Highway Dept. adjournment motion carried.
Notice states the Physicians Service Company is incorporated under Iowa law with existence starting August 10, 1979 and perpetual duration. It authorizes 40 000 shares at 1.00 par, initial office at 310 Center Point Road NE Cedar Rapids Iowa 52402, registered agent James D Sneddox, director listed as James D Sneddox, dated August 13 1979. Cedar Rapids Senior Citizen and Handicapped Bus Service listed with phone 363-8244.
Rascal Leasing Inc declares incorporation under Iowa Business Corporation Act Chapter 496A with perpetual duration. Authorized 100000 shares par 1.00. principal office 1544 Second Avenue SE Cedar Rapids Iowa 52403. registered agent Richard D Raymon at the same address. Directors designated Richard D Raymon. notice dated September 20, 1979. Prepared by Richard D Raymon and Cedar Rapids Iowa.
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