Dow Jones Dips to 10571.87 at 11 A.M.
At 11 a.m. the Dow Jones average stood at 10,571.87, down 38.13 from this morning's opening. The brief report notes a decline in the market during morning trading with the index sliding from its opening level.
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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
Jul 20, 2001
Page
1
At 11 a.m. the Dow Jones average stood at 10,571.87, down 38.13 from this morning's opening. The brief report notes a decline in the market during morning trading with the index sliding from its opening level.
Tonight remains partly cloudy with a chance of thunderstorms in the north and west. Lows range 65 to 70 west and mid to upper 70s east. Saturday brings sun and heat with a slight morning thunderstorm chance in the northeast. Highs 95 to 105. Saturday night is partly cloudy with lows 65 to 70 west and 70 to 75 east.
The Telegram announces its Internet site www.gctelegram.org offers local news sports and editorials for readers seeking online access to city coverage and features from the Telegram network.
Kohl's urges City Commission to approve 900000 in sales tax incentives over 20 years or abandon the deal. The panel previously approved 700000, 200000 less than Kohl's sought, and commissioners say they never agreed to the 900000, 20 year package.
Garden City commissioners clash over Kohl's incentive funding. The sales tax agreement at 700000 over 15 years contrasts with a proposed 900000 over 20 years, aiming to support utilities, landscaping, a parking lot, and drainage in the Applebee's/Wal-Mart area. Officials note back and forth negotiations and insist no formal commitment exists until a vote.
Fort Riley topped 111 and 110 degrees on consecutive days as heat warnings persisted. Workers at Roeland Park City Hall endured 96 degrees with no a c, while Wichita recorded 106, with heat index up to 114. Officials urged precautions as the region braces for continued high temperatures.
Garden City educators vote to accept the Board of Education offer for 2001 02 with a 4.16 percent package hike. Special education teachers gain an extra 1000 to 1500, insurance costs shift with district picking up 50 a month for single plans and 100 for family plans.
Christy Levings new Kansas National Education Association president says pay boosts are essential to recruit and retain teachers. Kansas starting teachers earn 25 700, 8 percent below national average. current teachers average 35 790, 16 percent below national figure. Some districts offer no health insurance. last year 530 vacancies appeared, up from 196. A $343 million plan to raise salaries and student achievement is tentatively approved by the State Board of Education, with 9.5 percent raises for three years. Gov Graves says new revenue is needed. without it, funding could stagnate and cuts may hit other services.
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