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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 04, 1967
Page
5
In Wichita a shotgun blast from a white youths’ car hit Sheriff Vern Miller and several Black youths. Miller chased the assailants at high speed, firing at their car. Later 70 Black residents gathered outside police headquarters demanding release of a Black man tied to an alleged assault.
Milwaukee eases night curfew with travel bans loosened as 1,300 National Guardsmen depart. Mayor Henry Maier says curfew will return at midnight Friday. Providence keeps selective curfew under review as city officials decide on day to day policy. Police in Wyandanch arrest nine youths during third night of disturbances. Fire crews dodge bricks while battles with flames continue. In Cincinnati the Civil Rights era youth group sues to end enforcement of disorderly conduct and concealed weapon statutes. Ohio rights panel will probe King demonstrations in Cleveland. Newark watchers note medical school land concessions calm riot zone concerns.
Sam Shulsky explains the 1967 2% 1967-72 bonds pay principal only if the Treasury redeems, unlikely given high rates. a $500 bond trades around $450 now, $500 at 1972. Advises a widow to cash in bonds for current income, suggesting reinvesting in quality stocks for 5% yields. notes limited capital for growth stocks for grandchildren and criticizes diverting funds from immediate needs.
The Michigan legislature adjourned after approving the state’s first income tax to fund Gov. Romney’s $1.1 billion budget. Romney addressed both chambers in a rare appearance, calling the session difficult but successful.
In Alaska the Soviet trawler STAM 8-457 was seized ten miles north of Akutan Island by the cutter Avoyel for violating the 12 mile exclusive fisheries zone. Gov. Walter Hickel urged confiscation as the vessel faces fines and forfeiture under new rules.
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