Weekend event highlights and fairs listed
Weekend activities include Independence Wapsle Rivertest Blairstown Sauerkraut Days Quasquicentennial Classy Chassis Happy Day Hawkeye Downs Buenie Picnic Tuget War Championship Ellis Park Water Ski Show Prairieburg Tractor Pull St Josephs Fall Festival Manchester Hog Wild Day Springbrook Picnic and multiple shows and fairs across Grinnell North Buena Vista Chelsea Manchester with times from 9 am to 8 pm across Sunday Monday and today.
MENTIONED IN THIS ARTICLE
Independence
Prairieburg
St. Joseph's
Chelsea
Manchester
Springbrook
Cooper moves custody dispute out of authorized facility
Karen Cooper involved in a custody controversy reportedly moved out of a Cedar Rapids residential facility without authorization. The brief notes this development on Metro news page 2A and labels it part of ongoing local coverage.
MENTIONED IN THIS ARTICLE
Cooper
Karen Cooper
Cedar Rapids
Metro News
Animal stock market gag hints herd trading strategy
A lighthearted line suggests buying sheep and selling deer as a prankish take on market moves. It frames a humorous view of animal stocks and speculative trends with a playful twist. The brief quip leverages familiar livestock terms to spark a chuckle.
Fed raises discount rate to lift lending costs
The Federal Reserve, under new chairman Alan Greenspan, boosted its discount rate from 5.5% to 6%, triggering higher prime lending rates for banks and a VA mortgage rate hike to 10.5%. Analysts expect consumer interest rates to rise across credit cards and home mortgages amid inflation worries after market turmoil. Greenspan’s move came soon after replacing Paul Volcker, signaling tighter policy ahead.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Alan Greenspan
Fed
U.S
Veterans Administration
Greenspan
Paul Volcker
Hiiman
Gerald Ford
Council of Economic Advisers
Senate
Volcker
St Luke's bills lowest among large Iowa hospitals
St Luke's Hospital Cedar Rapids posted the lowest average charge per case among 10 large Iowa hospitals at 2896 in 1986, while Mercy Cedar Rapids ranked third at 3396 and Iowa City University Hospitals tied as most costly at 8237 for beds over 300. The report also covers mid and small hospitals and factors in case mix for cost adjustments.
MENTIONED IN THIS ARTICLE
Judy Dauber
Sazalie
Des Moines Bureau
ES Moines
St. Luke's Hospital
Cedar Rapids
Iowa
Iowa Health Data Commission
St. Luke's
Mercy Hospital of
University of Iowa
Iowa City
Marshalltown Medical & Surgical Center
Pocahontas Community Hospital
Eae Sa. A
Aud Pietsch
Heal Policy Corp
Silkworm missile hits Kuwait coast in Gulf War era
Gazette wire services report that an Iranian Silkworm surface to surface missile struck Kuwait's southern coast near Ahmadi, raising fears of further attacks on Iraq's Gulf War ally. Tehran denies firing. U S officials cite intelligence and debate attribution.
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Gazette Wire Services
Dubai
United Arab Emirates
Kuwait
Iran
Iraq
Tehran
Washington
Pentagon
Washington Post
New York Times
The
Post
Ahmadi
Kuwaiti Defense Ministry
Gulf
Faw
Pilot Rust receives four years in Soviet labor camp
The Soviet Supreme Court convicted 19 year old Mathias Rust for flying a single engine plane to Red Square on May 28. Judge Robert Tikhomimov and two lay assessors found him guilty on three counts and sentenced him to four years in a labor camp. Rust’s motives were described as adventurist and aimed at self advertisement rather than world peace. His mother testified on his behalf as Western diplomats speculated on possible expulsion before serving time.
MENTIONED IN THIS ARTICLE
Moscow
Mathias Rust
Red Square
Robert Tikhomimov
Rust
Tikhomimov
Monika
Cedar Rapids rush hour train schedule to ease delays
C R frustration over 20 to 25 minute waits in downtown Cedar Rapids during rush hour should end next week. Chicago and North Western officials agreed to alter schedules to stop long slow trains on Fourth Street between 7:30 and 8:30 am, with some short trains still using the tracks but not delaying drivers more than five minutes.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Chicago and North Western Railroad
Fourth Street
R.C Grahn
C&nw
Murdock
$1 Million Ransom Sought in Publisher’s Nephew Kidnapping
In Kankakee Illinois police said Stephen Small 40 nephew of a prominent newspaper publisher and great grandson of a former Illinois governor was abducted from a building he owned and renovated at 12 30 a m Wednesday. An unidentified caller claiming to be a police officer warned of burglary. FBI and state police joined the probe with several suspects and clues under review.
MENTIONED IN THIS ARTICLE
Kankaree
Illinois
Stephen Small
Kankakee
Chicago
Timothy Nugent
Nugent
City Hall
FBI
Thomas Jones
Central
Southern Illinois
Small
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