Stocks slip then rebound on Afghan invasion fears
U.S. and Soviet tensions over the Afghan invasion sent stocks lower with the Dow down about 4.4 points near 1:15 p.m. EST and the NYSE composite off 0.29. Gold leaped to 634 an ounce in London as traders priced geopolitical risk, while bargain-hunting trimmed losses and Carter urged SALT II delay.
MENTIONED IN THIS ARTICLE
New York
UPI
Afghanistan
Carter
Senate
Leonid Brezhnev
New York Stock Exchange
NYSE
London
Russia
Brezhnev
Benquet Consolidated
Asarco
UAW Moves to Cut 259 Million as Chrysler Pact Deadline Near
UAW President Douglas Fraser says renegotiations to trim 259 million from Chrysler contracts could wrap up this weekend with cooperation from Chrysler bargainers. The concessions are tied to a 1.5 billion federal loan guarantee portion of a 3.5 billion aid package.
MENTIONED IN THIS ARTICLE
Detroit
UPI
United Auto Workers Union
Chrysler Corp
UAW
Douglas Fraser
Chrysler
Congress
Carter
No easing of tight credit says Volcker
Federal Reserve chairman Paul Volcker warned that declines in some rates do not signal looser policy. He reaffirmed that tight credit is essential to curb inflation and maintain monetary stability. He noted rates may fluctuate with demand and inflation expectations, awaiting a sustainable, non inflationary growth path.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Paul A. Volcker
Fed
Volcker
Bankers Trust Co
New York
Citibank
Task force urges 20 privacy law changes in Iowa
Iowa Gov. Robert Ray backs a 16 month study urging more than 20 changes to state privacy and records laws. The recommendations cover public and private sector data use, access rights for individuals, and redefinition of government records to enhance transparency and protection.
MENTIONED IN THIS ARTICLE
Des Moines
Robert Ray
Iowa
Ray
Herb Strentz
Drake University School of Journalism
Privacy Task Force
Allen burglary nets over one thousand dollars in cash
Between New Year’s Eve and Wednesday morning, more than $1,100 in cash was stolen from Allen’s Service Station at 1001 First Ave SE. Also noted: a $1,000 outboard motor stolen from a locked Cedar Rapids storage shed at Semi nole Valley Park. Police say other ads list local items for sale and service.
MENTIONED IN THIS ARTICLE
Allen
First Ave
Cedar Rapids
Seminole Valley Park
Pikes Peak Court NE
No immediate action to shut down Milwaukee
The Milwaukee Road trustee Richard B. Ogilvie said no immediate steps will be taken to shut down large portions of the bankrupt railroad though the Milwaukee Railroad Restructuring Act allows it. He noted plans to abandon or sell all but 3,200 miles of the 9,800 mile system and keep the Kansas City line, while the Marquette to Sheldon line may operate until a buyer is found. Funding for lines outside Milwaukee II could expire March 1 unless actions occur, and he cited care to avoid stranding shippers. On this date in 1961, the United States severed relations with Cuba.
MENTIONED IN THIS ARTICLE
The
Milwaukee Road
Richard B. Ogilvie
Congress
Interstate Commerce Commission
Iowa
Kansas City
Quad Cities
Washington
Ottumwa
Ogilvie
Milwaukee
Green Island
Cedar Rapids
Council Bluffs
Federl
Navy selects warfare game system for Newport war college
El Segundo based UPI Computer Science Corp announced its design was chosen by the Navy for a warfare game system to be used at the Naval War College in Newport Rhode Island.
MENTIONED IN THIS ARTICLE
EL Segundo
Calif
UPI Computer Science Corp
Navy
Naval War College
Newport
R.I
Mid March library bond referendum eyed for Cedar Rapids
Cedar Rapids officials discuss a mid March vote on a proposed library bond issue to fund a new public library. The plan includes using tax increment financing to repay bonds if approved, with a formal council presentation planned for February and a defined ballot site near First and Second streets and Fifth and Sixth avenues SE.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Library Board
Five Seasons Center
Jerry Elsen
Elsen
Tom Carney
Don Carney
Hal Schaefer
Carney
Canney
First
Second Streets
Fifth and Sixth Avenues
Ground Transportation Center
Loras College Grants 21 Degrees in December
Loras College in Dubuque announces 21 graduates including Richard J. Gallo of Williamsburg who earned a bachelor’s degree in business administration.
MENTIONED IN THIS ARTICLE
Dubuque
Richard J. Gallo
Williamsburg
Loras College
Gallo
Also Mentioned on This Page
Mobil Corp
Montgomery Ward
IBM
A&p
Mesa Petroleum
Schlumberger
Superior Oil
Ohio Standard
McMoran Oil & Exploration
Exxon
Amex
Goldfield Corp
Marinduque Mining B
Atlas Consolidated Mining B
Schenectady, N.Y
General Electric Co
Defense Department
Roland W. Schmitt
U.S
United States
Commerce Department
Commerce
Ward
Federal Trade Commission
Montgomery Ward & Co
Magnuson-Moss
FTC
Theodor P. von Brand
Ward's
Cleveland
Chessie System Inc
Seaboard Coast Line Industries
Chessie
Hays T. Watkins
National Bank of Chicago
National Press Club
Task Force
Yucatan
Irish Brigade
Knights of Columbus
A Avenue
Ted's Happitime
3Rd Avenue
Dolan’s
K-Mart West
Universal Travel
Knights Columbus
Adv
Jack Shepherd
Murray's Grocery
Chicago Merchandise Mart
Travel & Transport
Sondrol’s
Dale Kueter
Cuba
Don Canney
Loras Graduate
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!