Economic indicators pause decline in October
The Commerce Department reported the leading index held at 107.1 in October after declines in August and September were revised deeper. Four components rose while seven fell, with gains from plant investment and hours worked. job layoffs and inventories also featured prominently as the index’s final component, new business formations, was added.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Plains
Jimmy Carter
Carter
Lopez Portillo sworn in as Mexico president expropriation order
Jose Lopez Portillo was sworn in as Mexico president while his predecessor issued a final act expropriating 1.1 million acres of private land. In his inaugural address he signaled pro business policies and a shift to the right. In Geneva Rhodesian talks, white and black factions rejected each other’s plans for a transition to black majority rule.
MENTIONED IN THIS ARTICLE
Mexico City
Jose Lopez Portillo
Mexico
Lopez Portillo
Geneva
Switzerland
UPI
Rhodesia
White House Debates Arab Oil Rise and Fairness
White House spokesman Ron Nessen said on Wednesday the administration views an Arab oil price increase as unjustified and is holding private talks on the issue. He declined to specify the talks' method or participants.
MENTIONED IN THIS ARTICLE
Washington
UPI
White House
Ron Nessen
Nessen
Man Tries to Crash Car Into White House Gates
A young man attempted to smash a black pickup truck through the White House front gates but was stopped by the iron barriers and arrested soon after. No injuries were reported and the suspect’s name was not released immediately.
MENTIONED IN THIS ARTICLE
Washington
UPI
White House
Airlines Seek 2 Percent Tax To Fund Noise Abatement
The Air Transport Association proposed diverting 2 percent of the federal passenger tax into a special fund to quiet aircraft noise as Transportation Secretary Coleman opened hearings on financing the noise abatement policy. Weather outlook calls for possible snow flurries with lows near 0 and highs around 10 to 15.
MENTIONED IN THIS ARTICLE
Washington
Air Transport Assn
William Coleman
Natural gas rate hike hits Cedar Rapids area
The 25 percent increase in natural gas prices will raise bills in Cedar Rapids Iowa City and Quad Cities this winter. A spokesman for Iowa Illinois Gas and Electric Co said the rise stems from NGPL price hikes approved by the Federal Power Commission. A typical residential heating customer using 300 CCF monthly will pay about 19 more dollars per month this season, with larger increases for commercial and industrial customers. The adjustment is subject to refund pending a federal court appeal.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa City
Quad Cities
Iowa-Illinois Gas and Electric Co
Natural Gas Pipeline Company of America
NGPL
Federal Power Commission
FPC
James Colbert
Latory Agency
Iowa-Illinois
Colbert
Iowa
Hall Estate Recovers 2.6 Million in Taxes
The executors Beahl and Irene Perrine of Cedar Rapids won a federal tax dispute, allowing the Hall Foundation to recover 2.6 million dollars plus interest. Judge Edward J. McManus ruled the IRS misapplied Iowa law, reversing a 2.2 million deficiency and seeking repayment of taxes paid under protest after Howard Hall’s 1971 death.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Howard Hall
U.S
Edward J. McManus
Beahl
Irene Perrine
Hall
Hall Foundation
Margaret
IRS
IDOT Seeks 110 Million Annual Road Funding Boost
The department of transportation asks the 1977 legislature to approve a $110 million yearly increase for road construction financing which could raise gasoline prices by seven cents per gallon, with funding proposed from gas tax, sales tax, or vehicle fees. Other measures include social security number licensing, truck registration limits, and preserving transit and railroad aid. Three commissioners supported adding a studded snow tire ban despite subcommittee hurdles.
MENTIONED IN THIS ARTICLE
Ames
Iown Department of Transportation
IDOT
Victor Preisser
Preisser
Iowa City man charged with murder in Kober stabbing
Billy Gene Heumphreys, 42, Iowa City, was charged with murder after Henry Kober, 31, West Branch, died from stab wounds on Highway 218 near the airport Tuesday night. An off duty officer aided the scene. a knife was recovered and Kober died early Wednesday. Heumphreys is jailed in Johnson County on $30,000 bond as investigators from the state bureau assist.
MENTIONED IN THIS ARTICLE
Iowa City
Billy Gene Heumphreys
Henry Kober
West Branch
Heumphreys
Joyce Kober
Kober
Ron Fort
Fort
the Gazette
Rober
Heumphreus
Johnson County
Iow
Bureau of Criminal Investigation
Senate Tax Chief Backs Cut and Rebates
Senate Finance Committee Chairman Russell Long urged a $10 billion to $15 billion tax cut next year to stimulate the economy and endorsed one time rebates similar to 1975. He said Congress could act in 30 to 60 days if President Carter supports the measure.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Russell Long
Long
Louisiana Democrat
Treasury
Carter
Congress
Plains
Jody Powell
IDOT Defers Drunk Driving Penalty Authority to Legislature
After an informal legal opinion, the Iowa Department of Transportation commission voted not to enforce stricter drunk driving penalties. The panel said the matter lies with the legislature, while Public Safety Commissioner Charles Larson urged license suspensions for high BAC. Attorney General aide Asher Schroeder warned the action could invite lawsuits and noted no current authority to revoke licenses. Commissioner Stephen Garst urged legislative action, saying the legislature may address the issue or refer it back to the IDOT.
MENTIONED IN THIS ARTICLE
Larson
Schroeder
IDOT
Stephen Garst
Coon Rapids
Also Mentioned on This Page
Labor Department
Agriculture Department
Terry Vandersee
Twelfth Street
Second Avenue
Thirteenth Street SE
AMA Journal
Marion
C.R
Hall Estate
Les Holland
Senate
Gazette
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!