17 Oct 1987
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 17, 1987
Page
1
Cedar Rapids Teleconnect Company confirmed it is negotiating to buy the El Kahir Shrine building located across from its offices. The move follows a report on page 6B noting the potential acquisition. Page references indicate cross-paper coverage.
A humorous note about lame duck presidents and their supposed doglike devotion to the electorate. It likens their behavior to rolling over and playing dead, delivering a light political quip.
An eighteen month old girl named Jessica McClure was pulled from a collapsed well after a two day rescue in Midland Texas. She was hoisted feet first to a cheering crowd, appears alert, with no broken bones though dehydration and circulation concerns were noted.
An Iranian missile struck the Kuwaiti tanker Sea Isle City flying the U.S. flag wounding the American captain and at least 15 crewmen in the first direct strike on the U.S. guarded tanker fleet. The White House condemned the attack as outrageous.
Barbara Spencer, 43, will be retried on a charge of attempted murder for the July 5 shooting of her husband Erastus, 51, at their Linn County home. A mistrial declared after a 11-1 split for acquittal on a lesser charge left jurors deadlocked on attempted murder and other related offenses. A new trial date will be set Monday with Prosecutor Jerry Vander Sanden continuing to pursue the attempted murder charge.
In New York the Dow Jones Industrial Average plunged 108.36 points to 2246.73 on the busiest trading day in history with a record 338.48 million shares traded. Local brokers in Cedar Rapids called the move a correction after a strong rise this year, with some viewing it as a buying opportunity. The week saw the Dow down 9.5 percent after a 95.46 point drop Wednesday and a 57.61 point tumble Thursday.
Washington AP reports First Lady Nancy Reagan will undergo a biopsy to check a suspicious lesion found in a routine October 5 mammogram. If malignant, she may undergo a mastectomy. decision would mirror past public figures, with family and White House support described as calm and hopeful.
Vice President Bush drew attention in Iowa by linking debate over taxes and missile cuts to social life events such as coming out parties. He explained Robertson and Dole led him to third in a straw poll, prompting local GOP figures to admit they have little knowledge of debutante balls and social circuits.
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