12 Apr 1997
Page 1
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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Apr 12, 1997
Page
1
Report notes jurors will sit behind a permanent partition to shield them from reporters in the McVeigh case. The drill sergeant rape trial is described as focusing on power and control and details are to be on page 3A. The Journal provides page 4A coverage and online access.
The Dow Jones Industrial Average tumbled about 150 points, slipping to 6391.69 as inflation worries darkened markets. The Dow traded lower for the year, with tech and financials leading losses after early reports on wholesale and retail prices spurred higher bond yields. Analysts cited broad, pervasive declines and a 6-to-1 decline in NYSE issues versus advancers.
The Kansas House and Senate adjourned the 1997 regular session Friday leaving major issues unresolved. A three day wrapup is planned starting April 30. Topics include school budgets local option bans on partial birth abortion and ethics reform. The Senate sent a violator bill to conference and the Veterans Home plan seeks 400 beds.
Heavy rainfall and melting snow caused Stranger Creek in Leavenworth County and the Delaware River in Jefferson County to spill their banks while the Kansas River crested at 18.35 feet. Flooding forced road closures, disrupted Easton schools, and prompted officials to monitor rising waters with forecasts of a fall tonight.
The Labor Department reports wholesale prices rose in March while retail sales show a modest gain. The Commerce Department revises February consumer activity higher, reinforcing expectations that the Federal Reserve will tighten credit further to curb inflation, following prior market dips.
Air Force officials say Capt. Craig David Button controlled the bomb loaded A 10 jet when it disappeared April 2 after veering 775 miles from an Arizona training formation. Heavy snow hampered search near Vail as radar and sightings traced the jet toward New York Mountain with fuel near exhaustion. Authorities cite no known cause and decline to speculate on Button's motives or family issues.
In Little Rock Arkansas Surge high caffeine soda draws school concern as teens become wired after consumption. Administrator Margaret Mohrmann notes junior high students chugged two cans and showed heightened activity. Coca Cola defends caffeine levels while statements from a Coke spokesman about comparisons to other drinks are quoted. Marshall Pittman explains Surge’s purpose is to provide a cheap buzz to compete with Mello Dew.
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