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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Dec 29, 1974

Page

2

New American Gold Rush Set as Private Ownership Reopens

An expected surge in private gold ownership begins Dec 31 as the ban ends. Buyers face varied forms from wafers to bricks and paper contracts, with prices volatile and costs including commissions, taxes, and storage. Regulators warn of fraud and emphasize due diligence amid a market that could reach several billion dollars in initial demand.

Congress Franklin D Roosevelt Henry Jarecki Macotta Metals Corp Sears, Roebuck and Co Alexander's New York Dines U.S

Gold Plans in Cedar Rapids Face Uncertainty

A Gazette survey of brokers and banks in Cedar Rapids shows muted gold interest with few planned inventories. Banks defer purchases through correspondents while Jerome’s Rare Coins will run a buy and sell market for one ounce bars. Merrill Lynch and Stifel Nicolaus set five ounce minimums and discuss futures.

James Dines Wall Street London Federal Reserve Board Office of the Comptroller of the Currency Federal Deposit Insurance Corp Cedar Rapids Jerome Jerome Padzensky Merrill Lynch Pierce Fenner and Smith, Inc Davenport Stifel Nicolaus and Co., Inc

Military Rockets Arm Areas Endure the Missile Age

In the American Southwest ranchers endure the missile era as 10 000 pound Pershing rockets launch from Utah and New Mexico testing ranges. Up to 1 000 residents evacuate along flight paths while roadblocks halt traffic until launches end. White Sands hosts tests with rare incidents and evacuations pay by hour to offset disruptions.

American Southwest Army Blanding Green River Gilson Butte Utah Fort Wingate N.M White Sands Missile Range New Mexico White Sands Missile Range U.S Las Cruces

Boxelder Job Corps Students Earn Promotions and GEDs

Mike Petchulat of 65 Laurel Lane Cedar Rapids and Gary Fabor of Belle Plaine Iowa are completing stays at Boxelder Civilian Conservation Center and Boxelder Job Corps. Mike has advanced to Senior Specialist with a $40 monthly pay plus living allowances and training while pursuing a high school equivalency diploma. Gary has reached Specialist with a $35 monthly pay and similar benefits as he completes carpentry training and prepares to return to Boxelder in January.

Mike & Home Boxelder Guihan Conservation Center Boxelder Mike Black Hills National Forest Gary Fabor Belle Plaine Iowa Gary Boxelder Civilian Conservation Center Larry Montague 6Th Avenue SW Cedar Rapids Larry Lorry Charles Kirkpatrick Pebble Lane Hiawotha Charles Scott Peters Fairfax Lows Scott Matt Salyors 3Rd St H.W Lowe Matt Mott

Charles Promoted at Boxelder. to Begin Training Return

Charles receives a promotion to Specialist tenth class bringing pay up to 35 dollars monthly. He also gets living allowance clothing meals and recreation opportunities. He will return to Boxelder in early January to finish training.

Boxelder Mike Charles

Also Mentioned on This Page

Chet Carrier Justice Department U. S Austin Barker Thomson and McKinnon Auchincloss Kohlmeyer C.R the Gazette Engineering Dept Iowa Manufacturing Kerry McEnany Lawrence (Lson Grace Bernie Stuit Mary Eugene Morehead Mattie Seda Alfleey Hinds Carl Calvert Fred Caeedans Clara Hensley Tom Vera Sexton Occu Eeeeee Wesley Kopecky Lawrence Olson Doug Theresa Jenny Arthur Dora Young Iona Falls Ralph and Jeannette Brendes Olin Edward Hoidahl Mr. Vernon Grandma Brecht Ellen Sally Bill Elinore Berry Holmes Edward D. Hospedarsky Anne Karen Ann Amy Rae Ingels War- PO Bes Wpi Coeskisvesnser Pinsdibbeitelabtiianaries Studusnas Carl Schmieder Joseph Kass Bea Saesiis Errrery A m Chihuahua Juarez Inner Space Inc Second Avenue S.E Bank Americard 3Rd Street Pierson 16Th Ave. S.W Willy's Willy Succes Job Corps JOB Corp Mike J. Petchulat Mike Petchulat Laurel Lane Michael Matney Wilson Avenue Cedar Matt Salyars Fred E. Mumm Eighth Avenue S.E. P.O
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