In order to reveal the star-forming history of the molecular cloud complex
we studied the intermediate mass stellar population in the Cepheus Flare re
gion. (Paper I dealt with the distance and the young stellar object candida
tes of the region.) Correlating the IRAS Point Source Catalogue and Faint S
ource Catalogue positions with those of 1214 B8-A8 and 1760 F0-F5 type star
s brighter than V approximate to 13 mag and classified during an objective
prism survey, we identified 19 stars showing far-infrared excess emission i
n the Cepheus Flare region. In addition to the 16 stars whose counterparts
are given in the IRAS catalogues, we found three more stars with infrared e
xcess not recognized before. In order to identify the young medium-mass sta
rs associated with the Cepheus Flare molecular clouds we observed the optic
al spectra of the IR-excess stars, and using published optical photometry a
nd the IRAS data we examined their spectral energy distributions (SEDs) and
IRAS two-colour diagram. The observations resulted in the discovery of a n
ew Herbig Ae/Be star, BD +68 degrees 1118, coinciding with IRAS 21169+6842.
More evolved HAe/Be stars may be SAO 19953, BD +67 degrees 1314 and BD +69
degrees 1231, whose H alpha lines showed weak emission components. Possibl
e beta Pictoris- or Vega-type stars may be HD 203854, HD 212826 and HD 2164
86, whereas the far-infrared fluxes at the positions of ED +72 degrees 1018
, HD 210806 and HD 217903 can be attributed to the heating of the interstel
lar environment. We used distances and radial velocities of the stars deriv
ed from the spectroscopy and published optical photometry as indicators of
their relations to the clouds. Information on the environment of the observ
ed stars deduced from the diffuse interstellar band at lambda 6613 is brief
ly discussed.