Skip to main content
The largest online newspaper archive
A Publisher Extra® Newspaper

The Rock Island Argus from Moline, Illinois • 26

Location:
Moline, Illinois
Issue Date:
Page:
26
Extracted Article Text (OCR)

THE ARGUS Rock Island 111 Thursday August 2 1984 26 Business: New public television network on schedule pany Harris Corporation Quin-tron Corporation Blessing Affiliates Inc Quincy College and John Wood Community College all in Quincy Robert Morris College and Hancock Central Community School District 338 both in Carthage 111 Warsaw School District 316 Warsaw 111 and Nauvoo-Colusa School District 325 Nau-voo 111 In January 1984 a direct two-way television link was established that allows for the transmission of educational cultural channel 27 by January 1985 The charter members of CONVOCOM a regional educational consortium include Black Hawk College Moline Western Illinois University Macomb Sangamon State University Springfield and Bradley University and WTVP channel 47 in Peoria DURING THE past year the consortium has expanded to include Deere Company Moline St Ambrose College Davenport MoorMan Manufacturing Com On May 8 a record crowd of 160 attended the Mid America Economica Development Council (MAEDC) annual conference via CONVOCOM The conference which had met in previous years in such cities as Chicago Milwaukee and Cleveland was convened at the Springfield Hilton This MAEDC conference was the first to be televised are making tremendous progress both in developing a consortium and in building a telecommunications Gruebel said and public affairs programming between CONVOCOM members WIU Bradley Sangamon State and WTVP channel 47 first noncommercial educational television station WJPT channel 14 in Jacksonville is now operational On March 14 CONVOCOM received via satellite and distributed on the first phase of its microwave network a live video teleconference from the University of Virginia and Oklahoma State University Quad-Cities Macomb and Quincy In April CONVOCOM received delivery of an aluminum shelter for Quincy transmitting equipment Gruebel said the Federal Aviation Administration is presently studying proposed tower site in Quincy and a construction permit is dependent on FAA approval The tower will be located on a farm just east of Quincy CONVOCOM has awarded bids and is awaiting fabrication and delivery of the towers for Carthage and Quincy and delivery of the transmitting equipment for Quincy Gruebel said he still expects the noncommercial educational television station in Quincy to be operational at low power on CONVOCOM the West Central Illinois Educational Telecommunications Corporation has received delivery of equipment valued at $541587 for second phase construction linking Quincy and the Quad-Cities to the telecommunications network in Peoria Spring-field Macomb and Jacksonville OF equipment and phase two construction remains on schedule" said Jerold Gruebel CONVOCOM executive director The equipment includes the transmitter and antenna for WIUM-TV channel 22 in Macomb all television microwave equipment necessary for second-phase construction and terminal and monitoring equipment for the 1 Summer Computer Camps for Ages 8-15 Are Now in Session at Nearby Radio Shack Computer Enroll Today! hack CHARGE ft (MOST STORES) Q-C employment picture showing improvement ELECTRONICS Cordless 44 Off ET-330 by Radio Shack 16-Number Phone Memory-Dialer DU6FONE--100 by Radio Shack 40 OH Save $80 USE YOUR Reg 17995 Programmable Security Code 2Q95 Reg 4995 percent in April to 100 percent in May In May of 1983 the rate stood at 149 percent The unemployment rate is expected to work higher during the summer months while youth look for summer work NONFARM EMPLOYMENT bounded ahead during the latest 30-day reporting period according to Wilson Seasonal advances in warm weather areas anchored the upsurge Construction with help from the trades and nonprofessional sevices accounted for the largest gains Transportation-communication-public utilities and finance-insurance-realty also edged higher Government employment advanced at the federal level Employment changes in the factory sector were small but generally positive Lumber-furniture reported the only loss Nonelectrical machinery up 100 had the largest factory gain Other charlges were small but Nonagricultural wage and salary employment advanced solidly during the April-May period in the Quad-City area according to figures released by the Illinois Bureau of Employment Security research and analysis division EMPLOYMENT IN construction and other warm weather areas anchored the advance Changes in employment in the remaining sectors were generally on the non-negative side according to Garold Wilson IBES labor market economist "Nonfarm employment rose a little over one percent during the past year" Wilson reported "Federal government employment posted the largest gain Solid gains occurred in retail trades the services and transportation-communication-public utilities" The only employment losses reported during the past year were in printing-publishing wholesales trades and state and local government The jobless rate fell from 112 Works on Tone or Rotary-Dial Lines iA 500-foot range Two-number memory dialing and last- number touch-redial Universal dial 43-267 FCC registered Not for coin or party-line use Memory backup battery extra Fast one-button dialing of often-called or emergency numbers Universal dial system memorydialing LED 43-279 FCC registered Memory backup battery extra Not tor com or party-line use Remote-Control Phone Answerer Clock Radio With Battery Backup Chronomatic '-233 by Realistic DUoFONE TAD-114 by Radio Shack Cut 27 I EF Hutton reports decline in earnings Battery Backup Protects Time And Alarm Functions if AC Fails Reg 3795 17995 Save $1007 Wake to AMFM radio or buzzer alarm Large display with hilo dimmer sleep and snooze Radio features lighted dial and FM-AFC 3" speaker earphone jack 12-1540 Memory backup battery extra Voice-actuated answerer records incoming messages or delivers announcement only Includes announcement message tapes 43-314 FCC registered Not tor coin or party-line use Remote battery extra PC-2 Programmable Pocket Computer TRS-80 by Radio Shack Automatic Direct-Drive Turntable Cut LAB-440 by Realistic Super-Mini Car Cassette Packed With Big Sound when compared to last year's second quarter The firm is not incurring the same level of expansion expense in 1984 and expects that the previous programs will begin to show a return said Fomon "In addition the cost reduction measures implemented earlier in the year are progressing on schedule Thus despite the quarterly loss EF Hutton will be profitable for its 80th consecutive year" Earnings for the six months ended June 30 1984 were $53 million or $021 per share compared to $818 million or $329 per share in 1983 Six month revenues were $1185 million versus $1073 million in the first half of last year also reflecting higher interest revenues The EF Hutton Group Inc reported a net loss of $7 8 million or $0 31 per share for the quarter ended June 30 1984 versus net income of $44 5 million or $1 75 per share in the comparable quarter of 1983 Robert Fomon chairman and chief executive officer said this is the first quarterly loss since 1973 and is due to cost increases related to expansion programs initiated in late 1982 and 1983 and poor market conditions Revenues were $592 million up three percent from $574 million for the same period last year Fomon said a 60 percent increase in interest revenues was offset by declines of 31 percent in commissions 40 percent in investment banking and 48 percent in primepal transaction revenues By Realistic- BcjaouDCD JUUJJt Ib-BODI LjbuLJUJUjuLuuuoaai UtJUCEIca3QQElBOI Half Price 12995 Reg 17995 2995 Reg 5995 Auto-Stop Tone Control DadM kaefc Half Price 19995 Use ready-to-run software (interface required) or program it yourself in extended BASIC 26-3601 Batteries extra USE YOUR Includes Cartridge And Dust Cover Hurry in today and save $30 Fits easily under any dash or in glovebox Locking fast-forward and balance control 8 watts 12-1803 Precision tracking straight-line tone-arm strobe 42-2976 Stock market advances today Deluxe AMFM Portable Radio By Realistic Save Stereo Car BoosterEqualizer By Realistic Cut Slim-Style Portable Cassette Recorder CTR-60 by Realistic 36 Off 3188 Reg 4995 Cut 39 1Q88 NEW YORK (AH) The stock market advanced strongly and broadly in extremely heavy trading today extending a week-old rally The Dow Jones average of 30 industrials vaulted 13 80 points to 1148 41 by noontime New York Stock Exchange volume reached 7287 million shares in the first two hours of trading in the third-heaviest trading ever for that time period The record was 7586 million shares traded by New York stocks (Quotation provided by Hutton Rock Island of about noon eastern time) Five-Band Equalizer Fader Control Reg 5995 Expands dynamic range and gives you precise tone control Fits under most dashes Five-level LED power meter fader 12-1865 Save $707 Side-mounted controls high sensitivity and ceramic filters for great reception Earphone 12-602 Battery extra Auto-stop auto-level tone control aux input ACbattery operation 14-1010 Batteries extra LCD Quartz-Accurate Save 10 Deluxe Moving-Magnet Stereo Cartridge R47XT by RealisticShure noontime on Nov 4 1982 Gainers outpaced losers by almost 6-1 among New York Stock Exchange-listed issues Electronics aircraft utilities metals forest product airline drug and financial stocks were up On Wednesday the Dow Jones industrials shot up 1933 points to 113461 its best performance since June 18 Stocks and bonds appeared boosted by government reports of a slowing in some segments of the economy The Commerce Department said orders to factories fell 14 percent in June and that spending for new construction slipped 02 percent last month The nation's retailers reported July sales Penney said its sales spurted 184 percent over last year mart said its sales were up 82 percent Montgomery Ward reported a 5 9 percent gain and RH Macy said sales jumped 103 percent The European Common Market today announced in Brussels Belgium a compromise settlement of its four-year-old antitrust case against IBM Market Averages Supplied by Leewl A Ce Inc 6J0 I River Or Reftefiderf Quotation at naan (CDT) Industrials 114829 up 1369 Transportation 497 09 up 1159 Utilities 12499 yo 62 Composites 448 55 up 623 Breadth Index Advances 1201 Declines 255 Unchanged 331 By Micronta Save Compact LED Alarm Clock By Micronta- Off int Tel i Tel la III 4 jewel -Mart Lockheed Lucky Stores May'ag MoD'i Motorola NaD Brands Olm Corp Penney Phillips Pet Polaroid PIG RCA Raiston-Purina Rep Steel Reynolds Metals Reynolds ind Sears Sante Fe Pac Sperry Rand Stand Oil Ind Tenneco Texaco Union Carbide United Airlines Steel Walgreen Westmghouse Wicks Woolworth Xerox Zenith 248 23 4 718 53 8 42 17 4 40 4 248 378 44 7 8 29 4 514 348 27 538 33 29 4 228 28 8 588 34 7e 24 38 53 '4 348 33 41 38 -'j 23 38 3 4 24x nr 363- 35 7 25 33 9 4 18 57 25 58 7 37 h) 284 2 '8 24 J4 29 4 36 69 4 27 8 45 75 388 18 4 554 53 56 4 694 37 4 488 278 25 a 56 2 1134 6 10 3 Alcoa Allis Calrn Am Motors Am i Am Brands AMETEK Bandao Steel Boemg Borden Cater Tractor Cnryiser Colgate Palm Com Edison Con Food CPC mt Corning Glass Deere DuPont East Kodak Exxon Firestone Ford Gen Dynamics Gen Electric Gen Foods Gen Motors GTE Coro Gillette Goodrich Goodyear Honevwell Inf Bus Mach Inf Harvester Int Nickel Reg 2995 Save $10 Elliptical diamond stylus tracks at a light 175-225 grams Wide 20-20000 Hz response 42-2778 Reg 1495 Small size fits anywhere Battery backup in case of AC failure Snooze big 07" display 24-hour alarm 63-826 Backup battery extra Lap and total time day and date With batteries 63-5009 MMaMMXMMMi Check Your Phone Book for the Radio haek Store or Dealer Nearest You RECORDED AFTER HOURS MARKET REPORT CALL 386-3555 1 PRICES APPLY AT PARTICIPATING STORES AND DEALERS A DIVISION OF TANDY CORPORATION Crtiline it a service mark of Citicorp A EDWARDS Ntrthpark Mill-0iitr1 1M-19S0 I 11.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

Publisher Extra® Newspapers

  • Exclusive licensed content from premium publishers like the The Rock Island Argus
  • Archives through last month
  • Continually updated

About The Rock Island Argus Archive

Pages Available:
642,526
Years Available:
1971-2009