07 Dec 1991
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 07, 1991
Page
1
The plan began with good intentions but ended with Craig Dickson and Michael Kummerfeldt and Kummerfeldt’s wife all in jail. Authorities say the trio attempted to kidnap her from Cedar Rapids and return her to a work release center she had left. Details on page 1B.
NBC executives say plans to revive a Saturday morning block with children’s cartoons and a Today show style format are real this time, despite earlier scrapped proposals. Details on page 2T.
By Friday afternoon 2 p.m. Coastal Mart on Mount Vernon Road SE offered unleaded gas at 99 cents a gallon and fell to 97 cents by 5 p.m. A clerk noted East-side stores along Mount Vernon Road and First Avenue showed 97 cents at HandiMart and QuikTrip and 1.03 dollars at Sunoco by 7:30 p.m.
AT&T announced it would refund about 2.8 million dollars to thousands of customers nationwide who were billed twice for calls to certain 1-900 numbers. Details on page 50.
California Attorney General says most wineries will halt lead foil caps on wine bottles next month after tests show lead leaching exceeds allowed levels. Industry participants say settlements prevent costly lawsuits and maintain wine safety. John De Luca of the Wine Institute cites industry agreement.
A witty line notes egotists favor self interest over others and describes their mindset as mirroring an I for an I. The quip treats vanity with light humor and social observation.
Employers cut 241000 jobs in November the largest one month drop since spring and the unemployment rate held at 6.8 percent. The Federal Reserve signaled a rate cut to 4.5 percent the 14th in the recession period as Bush defense blamed the economy on the crisis and Democrats urged action.
Morris Plan Co of Iowa and MorAmerica Financial filed for Chapter 11 in 1985 due to cash flow problems. Under the plan, certificate holders would get 15 percent principal and 5 percent interest yearly, MorAmerica certificates 10 percent principal and 5 percent interest, and subordinated debentures 5 percent interest. Payments began in 1988, totaling 92 million, but the 1991 payment is expected to be substantially lower per United Security Financial Corp. president James Mohni.
Mesquakie Indians postpone vote on a high stakes casino on their settlement lands to Saturday December 28 tribal administrator Muriel Ricehill said. The delay follows no stated reason and affects whether a gaming compact with Iowa state authorities will be reached before casino operations begin.
A retrospective on how World War II transformed American life from Washington to the home front. The piece highlights rationing, price controls, labor shifts, and widespread government reach from 1941 to 1945, noting upheaval and new freedoms amid total mobilization.
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