07 Jul 1981
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 07, 1981
Page
1
State Climatologist warns of atmospheric inversion as hot humid air traps near 2,000 to 3,000 feet. The blue haze drifting from St Louis and Kansas City areas blankets Iowa, with no immediate health hazard but potential corn yield impact from August 1971-like conditions. A cold front around Thursday may bring showers and clearer air.
The Gazette reports dissent on warm humid conditions for corn. Experts John Creswell Paul Waite and Elwyn Taylor say corn growth falters once temperatures hit 86 degrees and that ideal conditions are cooler with 60 degree nights and 80 to 85 degree days.
Trustees of both programs warn Medicare will run cash shortfalls of 14 to 17 billion dollars annually over 25 years, risking solvency by early 1990s without reform. They urge Congress to review long term financing and curb rapid cost growth, while noting Social Security also faces looming deficits.
Desy Johnson of Kewanee says a tire blowout caused her mini-home and pickup to spin, burst into flames on I-80 near the Victor interchange. She and her husband escaped unharmed after grabbing a dog and purse. jewelry and personal items were lost in the blaze.
A regional remark argues that while Russia may be ahead in missiles, the United States or Western allies are five years ahead in Japanese automobile production and industry. The statement contrasts defense and consumer tech leadership.
Former President Isabel Peron is released after more than five years under house arrest. Her lawyer says she will travel to Spain within two or three days to rest outside the country and not seek leadership of the Peronist Party.
Rates on new home loans reached 16.75 percent as of early June per the Federal Home Loan Bank Board. Cedar Rapids lenders report steady or out-of-market activity with Perpetual Savings and Loan at 16.75 percent and Bohemian Savings and Loan temporarily inactive.
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