Area Stocks Show Gains On Up 75 Page
Readers see market gains highlighted on the Up 75 page with area stocks listed. The report notes climbs in several local companies and indicates overall positive momentum for the day.
01 Jun 1988
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 01, 1988
Page
1
Readers see market gains highlighted on the Up 75 page with area stocks listed. The report notes climbs in several local companies and indicates overall positive momentum for the day.
WU of I graduate student Ron Gilbert takes second place and $16 000 in a national essay competition, a Cedar Rapids man noting his earlier confidence. The story appears in Page SA.
A light humorous piece comparing life to a Cadillac showroom where you feel like just a pair of fuzzy dice. It playful notes the irony of being small amid shiny promises and big dreams.
Cedar Rapids area and other Eastern Iowa districts anticipate sharp increases in foreign language enrollment next fall as about 80 percent of incoming freshmen at Cedar Rapids public high schools plan to study a language. Administrators note a shift toward college prep amid tighter university entrance standards, with some concerns about overemphasis on academics and staff cuts in vocational programs. Of 372 incoming freshmen, 311 chose one of four languages at Jefferson High School.
In Moscow, President Reagan endorses Gorbachev's reform program while both leaders make no breakthrough on a 30 to 50 percent reduction in strategic weapons. They consider a joint statement but dispute verification and Star Wars issues.
The exchange centered on remarks suggesting Indians were kept in reservations to preserve culture. Suzan Shawn Harjo of the National Congress of American Indians called the president’s comment insulting, while others urged recognition of citizenship and history. Reagan offered to meet with three Native Americans who attended Moscow events, noting their hunger and housing grievances.
The Iowa Court of Appeals reluctantly allowed prosecutors to use handwriting analysis on prospective jurors but warned of a chilling effect on juror service. It refused to order a new trial in the Washington County burglary case of Merle LeRoy Knerr, noting minimal benefit from the graphologist’s findings and concerns about the analysis. The decision notes public funding for the expert and potential unfair advantage during trial.
The Supreme Court upheld regulations allowing a multibillion-dollar gray market for partly imported brand name goods sold in the United States without approval from U.S. trademark owners. A separate 5–4 decision struck down a rule that could have broadened the gray market. The Iowa-linked FDIC ruling suspended a bank president amid a 1986 indictment for false statements.
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