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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 01, 1975
Page
2
Wertheim and Co Investment Performance Services reports five year results ending June 30 1975 show nine portfolios with average annual returns from 8.3 to 9 percent except 100 percent Treasuries at 5.9 percent. Even heavy stock mixes yielded similar five year averages around 8.8 to 9 percent.
Everett White, a 30-year-old Vietnam veteran from David, Ohio, recounts math helped him stay sane during six years in Cuban prisons after hijacking a Miami bound airliner in 1969. He now lives in Cleveland and aims to finish high school and study computers while two friends remain in Cuba on air piracy charges.
Nobel economics laureate Leonid Kantorovich has been granted a visa to collect his prize in Stockholm on December 10. He plans to fly to Stockholm with his wife, joining fellow Soviet Nobel winner Andrei Sakharov who received the peace prize but was denied an exit visa for security reasons tied to hydrogen bomb research.
Miami Beach AP dispatch says most mayors at the National League of Cities convention believe no other city will request the federal aid proposed for New York. They argue few would surrender control of finances or face New York level deficits, though Boston Mayor Kevin White doubts. Beame defends his city’s autonomy and notes a crisis may spur national action to ease urban financial pressures.
Australian scientist Charles Birch told the World Council of Churches assembly that modern civilization risks extinction unless science and technology are reformed. He warned that pollution, resource depletion, population growth, and food scarcity threaten life quality and require a revolution in values and governance. Birch cited Genesis as calling for replenishing the earth.
HONOLULU AP Major topics at AMA clinical convention include malpractice and national health insurance. AMA President Max Parrott urges humility and patient trust to counter abuse while warning against overreaction that could erode patient relations and professional self-respect.
Severe weather across the Northwest slowed travel and hampered rescue efforts for 22 hunters stranded in Asotin county Washington. A Lewis ton Idaho radio operator said rescuers used winches to move vehicles through deep snow while one stranded hunter with a serious heart condition faced potential evacuation by air.
U S intelligence reports Brig Gen Julio Casas a Castro ally is in Angola directing delivery and use of weapons as Cuban forces join the Soviet backed MPLA in the civil war. Some analysts note other Cuban officers may be present while estimates cite about 3000 Cuban troops and multiple shiploads and airlifted equipment reaching the west African country.
Thomas Vinson 41 deliberately crashed his car into a utility pole in front of a state trooper's vehicle to thwart a holdup attempt by two hitchhikers. He then picked up the pair, one drew a gun, and about $30 was taken from his billfold before the men fled and were later captured. Vinson was uninjured though his car suffered heavy damage and he avoided ramming the trooper’s car because his family was inside.
Irish police believe two bombs at Dublin International Airport were planted by Britons in retaliation for the IRA bombings in London. Authorities say British responsibility is likely since no local Protestant group claimed the attack. The blasts killed one airport employee and lightly injured eight people including two Americans.
Mark Andersen, 17, of Montabella High School in Edmore, Mich., set a world trampoline record by bouncing 316 800 times in 66 hours 37 minutes. He began at 8 a.m. Thanksgiving day, ending after a long effort as his pit crew escorted him off for a hot shower. The prior record stood 6444 hours set by three Australians 24 years ago per Guinness.
SAN FRANCISCO AP Harry Bridges, longtime ILWU president, was lauded as a red blooded American patriot at a charity dinner attended by 1,700 guests paying 50 dollars a plate. The event featured a new car and a 20 thousand dollar check, highlighting Bridges' career and his past battles with deportation attempts and Communist party questions.
In Katmandu on Monday Prime Minister Nagendra Prasad Rijal resigned to aid constitutional reforms. King Birendra appointed his political aide Dr Tulsi Giri to lead the government, per the Royal Palace announcement.
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