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Ice fishing aids cabin fever cures in page 5B.
09 Jan 1988
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 09, 1988
Page
1
Ice fishing aids cabin fever cures in page 5B.
Leo A. Lala of Cedar Rapids had his hearing postponed to Wednesday after he was admitted to St. Luke's Hospital with chest pains.
A brief wry observation notes that keeping a good name is easier than recovering from a bad reputation, hinting at the social impact of reputation on daily life.
The nation’s jobless rate falls to 5.8 percent at year end 1987, with 235,000 more Americans employed in December for a total of 115.5 million. Analysts hail a strong growth year into 1988 as stock declines fail to curb hiring. Iowa figures show 4.8 percent statewide in November, Linn County at 4.8, Cedar Rapids improving from October.
The Dow Jones Industrial Average fell 140.58 points to 1,911.31, a 6.9 percent loss that snapped a four day rally. Analysts cite economy concerns and potential market regulation as drivers with several Eastern Iowa linked stocks, including Raytheon and Procter & Gamble, losing ground.
Former Colorado Senator Gary Hart opens his Iowa campaign with stops in Muscatine and Iowa City, telling about 400 students at West High School that he is a good candidate who would be a strong president. He frames his bid around national interest national unity and national service as Iowans caucus approaches.
Vice President Bush defended his Iran arms sale statements while Republican rivals pressed him to disclose what he knew. Former Secretary Haig urged disclosure saying Americans deserve to know what was said. Bush kept his advice to Reagan confidential and questioned Haig's Watergate remark.
Telefoods Systems Inc has shut its Cedar Rapids operation while the board in San Francisco meets this weekend to review options for the companys future. A Toronto based director says financing is the hurdle, and reopening in Cedar Rapids depends on funds. 12 to 15 staff were employed locally.
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