Equitable to Sell Younkers shares to the public
Equitable of Iowa Cos. announced plans to sell Younkers department store stock to the public. The move transfers direction control to Younkers management with final say over policy. Details on page 60.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 26, 1992
Page
1
Equitable of Iowa Cos. announced plans to sell Younkers department store stock to the public. The move transfers direction control to Younkers management with final say over policy. Details on page 60.
Washington and Jefferson secured regional final spots in a girls basketball semifinal. The J-Hawks defeated Iowa City West while the Warriors overcame Kennedy to advance, with results noted on pages 1C and 3C.
Iowa Court of Appeals reduced restitution for Everett Ray Wagner to 109000, saying 5046 years of prison wages would suffice. The prior 1 million dollar judgment would require 46000 years of wages. Prosecutors initially sought 109000 for damages at Fort Madison.
The Iowa Senate approved a 46 to 0 vote to establish an amnesty period for returning stolen milk crates. Lawmakers said crates have been used as storage and furniture, and theft drives up milk costs. The bill moves to the House.
A light joke notes children believe skipping homework will go unseen and their plan might work, delivering a playful punchline about grownup suspicion.
Health and Science in Thursday's Gazette previews an array of body part replacements with many options and high prices. The feature surveys modern prosthetics and cosmetic enhancements, noting cost as a major consideration for buyers.
Sen. Tom Harkin placed second to Kerrey in the South Dakota Democratic primary as polls had projected a third or fourth finish. Harkin credited a late push and said delegates remain the key to the nomination. Bush led Republicans with 69 percent while uncommitted drew 31 percent. Tsongas won New Hampshire previously.
Early unofficial results from the Democratic presidential primary in South Dakota show vote totals across counties. The report highlights leading candidates and regional support as ballots continue to be tallied.
Iowa House Democrats push for a 3.8 million next year to fund a northern Amtrak line through Clinton and Cedar Rapids to Ames and Omaha. The plan includes startup costs and up to 1.8 million annual operating subsidy, with funding from use taxes under discussion and IDOT review pending.
Teri Lass, 29, of rural Norwalk, was charged with first degree murder after her 6 day old son Shane Alex Lass was found dead. The baby died of head injuries and a note blamed on a kidnapping scheme tied to tape evidence. Lass's bond set at 100000. preliminary hearing scheduled for March 5. Her husband Mark Lass was not charged.
The Conference Board reports February consumer confidence at 46.3, down from 50.2, the lowest since December 1974. Survey shows widespread fear from layoffs and corporate cuts, with over a third predicting fewer job opportunities and economists warning of a longer downturn even as Greenspan tests Congress.
Arlyn Loper 23 pleads guilty to second degree murder in the 1985 shooting of his father Stanley Loper in their Monona home. He faces up to 50 years. sentencing set for April 14. Evidence showed the father shot in the back of the head.
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