Federal official visits Cedar Rapids on inflation talk
A federal official visiting Cedar Rapids discusses inflation fighting strategies as part of today’s coverage. The session outlines policy options and local impact on households and businesses.
31 Mar 1978
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 31, 1978
Page
1
A federal official visiting Cedar Rapids discusses inflation fighting strategies as part of today’s coverage. The session outlines policy options and local impact on households and businesses.
Highlights from the Hawkeye Downs junior rodeo weekend show intense riding and fast gates. Local riders and families witnessed youth skill and competitive spirit amid a lively community event.
Los Angeles police booked 37 year old Beverly Hills maintenance man Peter Mark Jones on murder suspicion in two of the hillside stranglings. His friend George Shamshak is in custody after providing details detectives say only the killer would know.
Cedar Rapids firefighters and Linn County deputies have ended the search for 26 year old Craig Alan Ducker who vanished after visiting a friend in Topeka Kansas. His car was found in the Cedar River with ignition on and radio playing near Ellis Park. A plan to locate him ended after no new clues emerged and a friend in Topeka reported a telephone call from Ducker’s circle indicating no foul play.
The United States posted a record trade deficit in February with imports at 14.4 billion and exports at 9.9 billion, the largest gap in history. The deficit, 21st consecutive, followed a 26.7 billion annual total for last year and sent the dollar lower amid concern over energy costs and surging foreign purchases.
Defense Minister Ezer Weizman ends a 24 hour trip to Cairo without new peace proposals. Sadat reportedly furious, seeing Israeli aims as public relations. No progress on Palestinian homeland or Israeli pullout. discussions expected to continue. Cairo says talks yield no change with Arafat, Habash reactions noted.
Cedar Rapids and much of Iowa enjoy a dramatic warm spell with readings near 80 degrees. Sioux City reports 85 as forecasters revise highs to the low to mid 80s, flirting with the 1920 record high while noting the 1923 record low.
County Engineer Bill Harrington says breakup will continue into late June with costs for temporary and permanent repairs forcing reduced road construction this summer. He cites full maintenance activity, overrun budgets, potential state funding, and pothole bill hopes as factors while noting deliberate barricade and sign knockdowns hinder repair efforts.
Ed Carey of Olin weighs placing Playboy Gallery and Hustler magazines under the counter in his drugstore to appease residents who object to display. A council vote to table a proposed ordinance banning obscene materials stalled at a Thursday meeting. Carey's stance aims to avoid community split while preserving shop access.
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