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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 26, 1982

Page

52

Grandma's stock faith and a grandson's market doubts

An 83-year-old grandmother from Russia roots for stocks and the Dow, recalling ITT founder Harold Geneen and family wealth. The narrator, a market veteran, cites selling stocks during a slump and Drexel Burnham Lambert ads as reminders of loyalty to America's future.

New York Eva Wall Street Russia Grandpa Charlie International Telephone and Telegraph ITT Grandma Harold Geneen Harold General Electric Sperry Rand Martin Marietta Drexel Burnham Lambert Wall Street Journal America International Business Machines Corp Lionel Corp

Business Briefs Highlight Regional Promotions and Openings

Robert E Walkup named senior vice president of operations for Fairchild Republic Co in Farmingdale New York. Larry Stewart to head LeFebvre regional office opening Oct 1 in Des Moines. New offices in Cedar Rapids and Omaha. Various promotions follow in insurance farming and trucking sectors across Iowa and Illinois. Sea Galley Stores acquires Virginia restaurants from Tidewater. women owned firms rise 7 percent 1979 to 1980 per SBA. Random industry notes and book release on white collar productivity.

Robert E. Walkup Rockwell-Collins Avionics Group Cedar Rapids Fairchild Republic Co Farmingdale Long Island N.Y Collins Australia Newport Beach Calif Fairchild Air Force Larry Stewart LeFebvre Des Moines Iowa Illinois Nebraska Omaha Steward Million Dollar Club Betty Zvacek 31St St. SW James E. Woeschow Shasta Court Breen, Brehmer & Co First Corporate Place Arthur Anderson & Co Chicago Sea Galley Mountlake Terrace Wash Virginia Tidewater Fish House Enterprises Inc Tidewater United States Small Business Administration

Christina Wine Cellars Announces Fall Rhine Style Wine

Christina Wine Cellars of McGregor and LaCrosse announced a new Rhine style wine for fall fest activities in McGregor and Octoberfest in LaCrosse. The native Rhine blend mirrors German Rhine valley wines and will have limited production at both locations alongside regular products.

Christina Wine Cellars McGregor LaCrosse Rhine Valley

Wilson elected Cedar Rapids SCORE chapter chairman

Calvin W. Wilson was chosen to lead the Cedar Rapids Chapter of the Service Corps of Retired Executives for the coming year. New officers include Roy E. Taylor as first vice chairman William P. Hogan as second vice chairman Ralph C. Kiska as secretary treasurer and Phillip E. DeVoe as assignments chairman. Active counselors rise to 45 with one free daily counseling session offered at the SBA office 373 Collins Road NE. Inquiries at 399 2571.

Calvin W. Wilson Cedar Rapids Service Corps of Richard F. Millen Roy E. Taylor William P. Hogan Ralph C. Kiska Phillip E. DeVoe Small Business Administration Collins Road

Money fund assets shrink as investors seek safety

UPI reports that for the week ending September 22 money market mutual funds saw net outflows of $276 million, reducing total assets to $225.8 billion across 255 reporting funds. Government-only funds rose by $143.4 million as individuals favored safety over higher yields, while seven and thirty day yields slipped to 9.60 and 9.80 percent respectively.

New York UPI Investment Company Institute Washington-based Industry Association Donoghue Money Fund Holliston Mass

Also Mentioned on This Page

By Andrew Feinberg New York Times Service George Washington Fdr A&p Gram Business News Who’s News McNeal Insurance Associates Inc Second Ave. SE Jim Krug Linn Co-op Oil Co Newhall Dave Wessling Rock River Farmers Co. Op Byron, Ill Krug Ellsworth Junio College Iowa Falls George W. Smith Iowa Steel Express Iowa Motor Truck Association Smith Upper Midwest Curtis Clough Bankers Life and Casualty Co Eastern Iowa Canada Puerto Rico Virgin Islands Institute For Certifying Secretaries Department of Professional Secretaries International Cyndy L. Simmons Carolina Drive Diane Marie Evanovich 24Th Ave Marion Becky K. Franck Durant Marvel Philp Iowa City Jean S. Smith Wilton New Business William Ellison Solon The Ellison Auction Co United Auctioneers of United Auctioneers Century 21 United Ronald Carson Westdale Mall Westdale Theater Tex Critter Kids Point of View Lindale Mall Jack Jennings Kay Krotz Plymouth Meeting Lindale Lane James E. Clayton Christine M. Coop Deli-N-Fun Seventh Avenue Lee A. Rathje Randy L. Rathje James Bascom John E. Null Anamosa Prudential Insurance Co. District Agencies Advisory Council Minneapolis Bruce L. Witte O.E. Melchert Sales and Service Paul Revere Companies Worcester Business Books Robert N. Lehrer Atlanta McGraw-Hill Robert Walkup Brenton Banks, Inc Donald C. Nebergall Brenton Bank and Trust Company of First Avenue N. E Radio Shack Tandy Corporation Tendy Corp Cicero B.C Marion Boulevard Edgewood Road
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