Merrick wins PTL assets at $65 million sale price
U.S. Bankruptcy Judge Rufus Reynolds approved Toronto developer Stephen Mernick's $65 million cash bid to buy PTL assets including Heritage USA and undeveloped acreage, deeming a higher offer impractical amid creditor claims. Reynolds said the price was about $10 million too low but preferable to piecemeal liquidation. Bakker declined comment as Merrick prepares plans for the ministry’s properties.
MENTIONED IN THIS ARTICLE
Columbia, S.C
UPI
PTL
Jim Bakker
Canada
U.S
Rufus Reynolds
Christian Television Ministry
Toronto
Stephen Mernick
Reynolds
Mernick
Merrick
M.C
Red
Benton
Commission urges large pay raises for Congress and judges
A presidential panel recommended raising lawmakers pay by more than 50 percent to 135000 and boosting federal district judges to the same level. Cabinet members would rise to 155000, the president to 350000 and the vice president to 175000. DOJ and Supreme Court justices also would see substantial increases as part of a plan to attract top officials. The proposal will be sent to President Reagan for his 1990 budget submission. increases would take effect 30 days after unless Congress rejects it.
MENTIONED IN THIS ARTICLE
Washington
UPI
Congress
eChief
The
Supreme Court
Federal Appeals Court
Reagan
Senate
House
Cedar Brook church offers drive-thru Christmas story display
Cedar Brook Bible Church in Cedar Brook New Jersey presents a drive-thru nativity scene with eight scenes depicting the story of Jesus birth. Church members participate annually in what is described as religion’s answer to fast food Christmas.
MENTIONED IN THIS ARTICLE
Cedar Brook
Trade gap narrows as imports and exports dip
U.S. October trade data show imports at 38.0 billion and exports at 27.7 billion, both down from September. The trade deficit shrank 3 percent to 10.3 billion as analysts expected, with declines across foreign capital goods, consumer items and autos.
MENTIONED IN THIS ARTICLE
Washington
UPI
U.S
Commerce Department
Department
Census Bureau
Positive image of working women on TV gains then fades
Washington reports a decade of improving female roles on entertainment TV with more working mothers and diverse characters. The National Commission on Working Women notes progress from shows like The Cosby Show Growing Pains and Murder She Wrote, but warns the 1977 season may signal a stall as emphasis shifts back to homemakers and pretty sidekicks amid industry greed.
MENTIONED IN THIS ARTICLE
Washington
UPI
National Commission On Working Women
ABC
NBC Nightly News
America
ABC World News Tonight
National Public Radio
Commis
Sion
Alexis Herman
Herman
Hogan
the Boss
Jessica Fletcher
Carla
Nussbaum admits lying to shield Steinberg in Steinberg case
Hedda Nussbaum testified that she lied to police about Lisa Steinberg’s bruises to protect her lover Joel Steinberg, the disbarred lawyer on trial for alleged murder. Her seven days on the stand included cross examination to expose memory lapses amid the six week proceeding in Manhattan state Supreme Court.
MENTIONED IN THIS ARTICLE
New York
UPI
Hedda Nussbaum
Lisa Steinberg
Joel Steinberg
Nussbaum
Lisa
Steinberg
State Supreme Court
Manhattan
East Coast cold snap ends as heavy snow eases
United Press International reports a easing of a killer cold snap from New York to Massachusetts with lighter snow, while fatalities from freezing temperatures rise above four. Islip and Massapequa saw heavy accumulations near New York, várias in Vermont and Connecticut. Manhattan and Bronx totals were modest. The NWS noted thawing temps and lingering advisories through Vermont as readings rose with the warmer trend.
MENTIONED IN THIS ARTICLE
United Press International
New York
Massachusetts
National Weather Service
Long Island
Islip
Massapequa
Farm
Ingdale
Manhattan
Bronx
New England
Bridgeport
Conn
New Haven
Vermont
East Coast
NWS
Illinois Weather and Lottery Draws Report
Illinois forecast shows cold Friday with sun then a warming trend to the weekend with highs in the 30s to 40s and lows in the teens to mid 20s. Illinois Lottery draws reported Tuesday show number 3 6 2 for the daily game and Pick Four 4 1 6 2, with the Lotto grand prize estimated at 20 million dollars for Saturday.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Illinois
Markets Noon Commodities Report From Mer chants Trading
Noon quotes from Merchants Trading Company cover live cattle hogs pork bellies feeder cattle and grains with multiple month contract levels for beans corn oats wheat and related products. Additional quotes include precious metals and currencies as of noon with stock quotations provided by Majewski Beeler and O M.
MENTIONED IN THIS ARTICLE
Merchants Trading Company
S. T. Majewski
H. W. Beeler
O. M
Also Mentioned on This Page
Heritage USA
Television Ministry
Bakker
Commission On
UPI Photo
Grey
Barb
State Farm
Darrell Webb
E. 6Th
ST. Dixon
Good Neigh State Farm
Medical Arts Clinic
Norma
Dixon
Albuquerque
Omaha
Anchorage Sh
Gray Mag
Asheville
Phoenix F
Atlanta
Pittsburg
Billings Sn
Portland Me
Birmingham
Portland
Bismarck Pc
Providence
Boston
Richmond Pe
Brownsville
Tex
St. Louis
Buffalo
Salt Lake City
Charleston S.C
Burlington Vt
San Antonio
San Diego Pe
Charlotte N.C
San Francisco
San Juan
Cincinnati
Seattle
Cleveland
Kane
Columbus
Dallas
Denver Sn
Wichita
Des Moines
Detroit
Duluth
el Paso F
Evansville
Fargo W
Hartford
Honolulu
Houston
Agree
Jaciss
Lackinwilie
Kansas City
Las Vegas
Rock
A Pe
Memphis
Miami Beach
Milwaukee
Minnea
Nashvil
Nelis
Orleans
Oklahoma City
Nysather
Blunt Ellis & Loewi, Inc
Sterling
Blunt Ellis & Loewi
McDaid
Alcoa AudCorp
Amt&t
Navistar Beth
Telegraph
Dixon, Il
B. F. Shaw Printing Co
Peoria Ave
Lee, Ogle
Bureau
Whiteside
Inlhnois
United States
Saed Press International
American Newspaper Publishers Association
Bureau of Advertising
Inland Daily Press Association
Illinois Press Association
Audit Bureau of Circulation
Dixon Telegraph Office
Dixon Telegraph
P.O
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