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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 25, 1979
Page
1
Inflation remained in double digits as August prices climbed 1.1 percent, the eighth straight gain near or above 1 percent. Energy costs drove the advance with gasoline averaging 96.7 cents a gallon, fuel oil at 80 cents, and earnings eroded by 0.8 percent.
The report shows overall inflation with food stable while clothing and miscellaneous items rise. Mortgage costs climb as house prices push consumer costs higher. The CPI in August stands at 221.1, meaning $100 in 1967 now costs $221.10, 11.8 percent above August 1978. The year’s peak inflation reached 12.2 percent.
Treasury undersecretary Anthony Solomon said there is a good possibility inflation will fall below 10 percent by year end. He echoed Stuart Eizenstat who said the United States will be under double digit rates by year’s end.
News briefs cover weather versus repair delays in Cedar Rapids, a police city dispute, psychiatrists leaving Linn Community Mental Health Center with staff, and the Iowa Civil Liberties Union filing a second suit over the papal visit. The UN base espionage claim, biblical site change, and Pope John Paul editorial note. Ed Podolak visits his alma mater with football changes.
A brief reference notes that “Everything of interest to farmers can be found in the Datebook” and mentions page locations 10A and 2A. The fragment hints at agricultural content and page navigation but lacks further details or names.
General Motors unveiled a zinc-nickel oxide battery more than twice as powerful as lead-acid cells and aimed at electric vehicles by the mid 1980s. President E P Estes said the company has not decided if the battery will go into a car or a small downtown van and stressed a short trip, local-area use design.
The ICC met in special session to decide ordering a replacement carrier for Rock Island freight amid a strike. Transport Secretary Goldschmidt criticized the court trustee and urged a directed service order to Kansas City Terminal to resume shipments, citing harm to farmers and grain movements.
Former first lady Mamie Eisenhower, age 82, was rushed to Walter Reed Army Medical Center from her Gettysburg farm after a stroke. A bulletin said she is in stable condition, on medication, with right side function affected. permanency of effects is unknown. A new bulletin was to follow at 9 a.m. CDT Wednesday.
In Charlotte a bartender named Randy Cook survived a knife wound to the heart after doctors at Charlotte Memorial Hospital opened his chest without time for anesthesia. Dr. Richard Glaser located the hole in the right ventricle and held pressure with a finger until stitches closed the half inch gap. The team then stabilized him and prepared for anesthesia before completing repair. Cook remained in satisfactory condition and recalls only fragments of the dramatic operation.
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