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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 09, 1981
Page
3
The Pentagon plans a new warhead with far greater explosive power than current US models, potentially nearly doubling the Mark 12A’s force of 335,000 tons of TNT on Minuteman III missiles. Reagan approves ELF submarine command system as part of a broader strategic deterrent program.
Walter Cronkite resigns from Pan American World Airways board rather than limit reporting on the U.S. space program. The note appears among a series of Iowa and national briefs spanning jail funding, political action, and a murder trial in the region.
Iowa Attorney General Tom Miller has filed suit to block 14 out of state brokers and financial institutions from selling the new All Savers Certificates in Iowa. The report notes market activity with a fourth quarter rally and blue-chip gains amid Chase Manhattan Bank rate cut.
In a tense Major League Baseball playoff two teams, the Montreal Expos and New York Yankees, each built multiple double digit leads in Thursday’s action. Cedar Rapids diver Randy Ableman, star of the Iowa swimming squad, has been ruled ineligible for several meets this season.
The federal government will require photo identification cards for food stamp recipients in 17 large cities including New York Philadelphia Washington Baltimore and Los Angeles. The rule aims to curb fraud by preventing duplicate issuance and will take effect as law once finalized. It covers 2.84 million households and 7.9 million individuals with one photo ID per person who picks up stamps.
On the Bowery a 17-year-old runaway faced a jump as Officer William Fox intervened with an offer of care. Fox won temporary custody of the teen, saying he would provide a home and education, noting the youth had been abandoned and shuffled through foster homes.
Chase Manhattan Bank lowered its prime rate to 18.5 percent from 19, the second cut this week, with an analyst warning of potential further declines soon. The move follows a market shift and Fed actions, reflecting cautious banking amid funding cost volatility. Clifford Hardin turns 66 today.
Cedar Rapids man Louis Stramer accuses Heritage Acres, formerly Edgewood Manor, of kidnapping his brother Joe Stramel after Joe was moved to Independence Care Center against his wishes. Officials dispute the claim, noting Joe requested the transfer amid staff conflict and health issues.
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