Pick Your Risk: Stocks or Inflation as a Retirement Test
A Wall Street parable compares $1,000 saved in 1933 to $380 in today’s dollars, vs $10,850 in stocks by 1968. The piece cites a University of Chicago study, notes inflation eroding purchasing power, and quotes officials on market risk and the Dean Witter advice on equities vs cash.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Grandpa Jones
Grandpa Smith
Smith
New York Stock Exchange
University of Chicago of Stock Action
Merrill Lynch, Pierce, Fenner and Smith, Inc
William McChesney Martin
Federal Reserve Board
Dean Witter and Co
Ambulance Victim Dies After Collision at City Intersection
Police report an ambulance carrying heart patient Rudolph Martinek 63 struck by a car at Third avenue and First street SW. Martinek died on arrival at St. Luke's hospital. driver William M. Brown Jr. provided details, car involved fled but stopped. Medical examiner says death not accident-related.
MENTIONED IN THIS ARTICLE
Third Avenue
First Street
Rudolph Martinek
Sixteenth Avenue
Martinek
St. Luke’s Hospital
William M. Brown, Jr
Fourth Street
Police Department
Traffic Bureau
Percy Harris
Linn County Medical Examiner
Delinquency Charge Against Jude Williams
Jude L. Williams, 19, of Iowa City, was arrested in Cedar Rapids Sunday and charged with contributing to the delinquency of a minor. Police say the arrest stems from an incident involving a 14 year old boy. Williams allegedly sought nude photographs. He was held in the city jail awaiting arraignment Monday.
MENTIONED IN THIS ARTICLE
Jude L. Williams
Iowa City
Cedar Rapids
Williams
Johnson Board Acts on Plat Zoning Matters
Johnson County board approved eight zoning and plat actions at a public hearing with one deferral. Actions include Scott Boulevard Corp and Iowa City extended care facility mixed zoning east of Iowa City, 20 acres north of Oxford for Kenneth Hummer, and a 400 foot square parcel owned by Ralph Krall for sale to Iowa-Illinois Gas and Electric Co.
MENTIONED IN THIS ARTICLE
Iowa City
Johnson County Board of Aboevits
Wilhelm Koch
Sharon Center Road
Welsh Church
Scott Boulevard Corp
Oxford
Kenneth Hummer
Carl Fabian
Ralph Krall
Iowa-Illinois Gas and Electric Co
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$2,008 Stolen At Irish Inn
Police report a safe containing nearly $2,000 was stolen from the Irish Inn at 455 Waconia Avenue SW. Detectives say burglars gained entry by breaking a window in the east door and reached in to unlock the door. The safe was valued at $120 and held a $150 diamond ring.
MENTIONED IN THIS ARTICLE
Irish Inn
Waconia Avenue
Burr Receives Four 30 Day Sentences After High Speed Chase
Francis M. Burr twenty of 4919 Center Point Road NE was given four consecutive 30 day sentences in municipal court. The charges include speeding night time speed restrictions attempting to elude police resisting an officer and driving while suspended after a 90 mph chase from Sixth Street SW to Coralville. Burr abandoned the car and fled on foot. awaiting action on suspension charge.
MENTIONED IN THIS ARTICLE
Francis M. Burr
Center Point Road
A.w.o
Loren Hullinger
Burr
Sixth Street
Waconia Avenue
Coralville
George Sheets Re-elected SAR Iowa City President
George Sheets of Iowa City was re-elected president of the Iowa State Society of the Sons of the American Revolution at the annual meeting. In the same session the Herbert Hoover chapter named Robert C. Wead of Washington as its president.
MENTIONED IN THIS ARTICLE
Iowa City
George Sheets
Iowa State
Society of the Sons of the American Revolution
Herbert Hoover
SAR
Robert C. Wead
Washington
iFranklin Wins School Trophy In Hobby Show
Franklin junior high won the school trophy at the 7th annual Hobby show held Sunday at the Memorial Coliseum. Franklin edged Washington high by one point. Jefferson high took third with College Community Adams elementary and Wright elementary following. The event drew 53 Cedar Rapids Marion area schools with 736 entries, 126 ribbons, and 9 trophies. Sue Depping of Washington won first place in high school category. junior high winner was Dennis Bagestas of Franklin.
MENTIONED IN THIS ARTICLE
Franklin Junior High
Memorial Coljiseum
Franklin
Washington High School
Jefferson High
College Community
Adams Elementary
Wright Elementary
Aerie
Fraternal Order of Eagles
Cedar Rapids Recreation Commission
Cedar Rapids-Marion
Sue Depping
Washington
Martin Tompkins
Kennedy
Dave Jiruska
Dennis Bagestas
Lynne Buckley
Regis
Debra, Smelzer
St. Ludmila’s
Sue Hinchman
Arthur
Ramona Pansegrau
Mary Ann Peiffer
Drive Up Parking Payment System Considered in Cedar Rapids
Cedar Rapids safety commissioner John Oberthien and city officials discuss a drive-up parking ticket payment system aimed at convenience and weekend staffing relief. Plans include ten box locations, envelope tickets, and daily Parkettes collections with a move of the municipal court to May's Island building this summer.
MENTIONED IN THIS ARTICLE
Cedar Rapids
John Oberthien
Oberthien
Chamber of Commerce
May’s Island
Mercy Nurses Alumase The Rev Mark Nemamers Speak At School
City briefs report Rev Mark Nemamers will speak 7 30 PM Tuesday at the school of nursing. Other items note Doctor Dougherty resumes office hours Thursday and various local ads and notices including honors and sales.
MENTIONED IN THIS ARTICLE
Mercy
Alumase
Mark Nemamers
School of Nursing
Dougherty
Viet Cong Execute d German Envoy in Saigon Fighting
West German embassy reports the execution of Baron Hasse Ruedt von Collenberg, first secretary, by Viet Cong amid street fighting in Saigon. His body was found near his white Volkswagen by Phu Tho race track, blindfolded with hands perhaps tied, close to the scene where four news correspondents were killed.
MENTIONED IN THIS ARTICLE
Saigon
Hasse Ruedt von Collenberg
Phu! Tho
Frederick A Jones Arraigned on Lascivious Acts Charge
Frederick A Jones aged 29 of 428 Ninth Street NW was arraigned in municipal court on lascivious acts with a child and possession of obscene books and pictures. He posted 10 percent of a $500 bond and was given until May 16 to move or plead.
MENTIONED IN THIS ARTICLE
Frederick A. Jones
Ninth Street NW
Curfew Lifted as Bermuda Restores Normal Life
Island wide curfew imposed after rioting on April 25 26 in Bermuda was lifted. Life resumed with authorities reporting restoration of order and normal resort activity.
MENTIONED IN THIS ARTICLE
Bermuda
Hamilton
George Raft
Channel 9
Inmate Costs at Anamosa Reformatory Rise 428 Per Man
Iowa Auditor reports fiscal 1967 average inmate cost at Anamosa reformatory rose to 2929 from 2501 per year. Net operating expenses climbed to 2,355,495 while daily inmate count fell from 922 to 804. Housing and food led dollar increases. care and treatment saw the largest percentage rise.
MENTIONED IN THIS ARTICLE
Reformatory
Smith
Weapons Charge Against Hersom
DeVerne Hersom Jr age 38 of 3001 Thirtieth Street SE was arrested on a concealed weapon charge after his wife reported a phone call in which he implied self harm. He was found in a phone booth at Fourteenth Avenue and Third Street SE with a hip wound treated at St Luke's and later moved to Veterans Hospital Iowa City. The Linn County sheriff's office also holds an assault and battery warrant.
MENTIONED IN THIS ARTICLE
DeVerne Hersom, Jr
Thirtieth Street
Hersom
Fourteenth Avenue
Third Street
St. Luke’s Hospital
Veterans Hospital
Iowa City
Linn County
Also Mentioned on This Page
By Ed Merse
Martin
Emer
U.S
Jude Williams
Editorial
Lou Harris
Poll
James Reston
Evans and Novak
Buchwald
Rick du Brower Ey
Leonard Lyons
Abby Ae Ette
Dr. Mother Te
Gus Schrader Ake En
Eee
Ee VW
Johnson Board
Gooderham & Worts
Detroit
Mich
Iowa
Auders
Scotland
Glasgow
Lauder
Lauder’s
Lauder's
Chase
Sons of Revolution
iFranklin
City Briefs
Hiawatha
Julianne Eichhorn
Lincolnshire Drive
Texas Woman’s University
Denton
Louis A. Prastka
Guaranty Bank
Ambassador Lounge
East Marion
Kappa Gamma Pi
Judith Kulish
Bever Avenue
National Catholic College Women’s Honor Society
Marycrest College
Davenport
Mr. Moody’s
Darlene
Jerome
Forell
George W. Forell
University of Iowa
Cherry
Coe College
Coe
McCarthy
Grissel Company Inc
Employes
East Side
Joe Robins
14Th Ave
Pierson’s Florists
Veishen
Dennis Hemphill
Merle Hemphill
Avenue
Iowa State University
Carol Dostal
Adv
Sd” Vee
Stejskal’s
Toman Florist
Krebs Florist
Cedar Memorial Flower Shop
Newport
Novotny Flowers
Pierson
Lewellen Florist Bezdek's Florist
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