Market Slump Persists as Investors Cite Inflation, Rates
The Dow fell 2.70 to 907.44 by midday with the market mostly lower on profit taking and inflation fears. Tandy dropped about 3 percent after a 100,000 share block at 20, McDonald’s down 2 to 61 percent, beef price freeze cited as hurting restaurants though supply expected until Sept 12. Lincoln American led NYSE with 240,000 share block at 3.
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New York Stock Exchange
Tandy
McDonald’s
American Stock Exchange
Lincoln American
Three Die in Accident Near Durham Kansas
Three people were killed in a collision on Kansas 15 about two miles north of Durham. The deceased were Jacob T. Lowen 77 and Ed Hamm 87 of Hillsboro and Flora J. Carlson 28 of Durham. Carlson’s three children were in serious condition at Hillsboro Hospital.
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Durham
Kan
Kansas 15
Here
The
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Jacob T. Loewen
Ed Hamm
Hillsboro
Flora J. Carlson
Carlson
Live cattle scarce as prices tested in Kansas City markets
Cattle lacked enough room in one class for price testing. Hogs rose 25 to 50 cents with various weight ranges reported. Sows uneven, under 500 pounds steady, over 500 pounds up 75 to 100 cents. Sheep limited. advance Monday estimates show cattle 900, hogs 2,500, sheep 250.
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Kansas City
Mrs. James Moore Dies at 63 in Lawrence
Martha Quinlin Moore 63 died unexpectedly at home on Thursday in Lawrence after living there over 50 years. She led the Lawrence Humane Society and cared for stray animals, was married to Jimmie Moore with two sons Jack and Sam, and will be cremated after a 2 p.m. Saturday funeral at Rumsey Funeral Home. Memorial gifts go to the Lawrence Humane Society.
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Lawrence Humane Society
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The
Cookout for KU Foreign Students Draws 70 Attendees
About 70 graduate students from Kansas University's Foreign Student Orientation Center will attend an evening cookout at the Floyd Gaynes farm. Buses will shuttle participants from Pearson Hall to the Overbrook area at 5 30 p.m. Neighbors and center supporters join in the event directed by J A Buzzle in the center's 23rd season.
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Floyd Gaynes
Pearson Hall
Lawrence
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Getty Family at Odds Over Ransom for Kidnapped Getty Grandson
In Rome AP reports kidnappers demand 17 million dollars for J Paul Getty III, 16, heir to oil fortune. Parents lack funds and grandfather refuses payment, while a counter offer is rejected. mother seeks help from own resources amid family tensions.
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Rome
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Arraignment Set for Danny Copp in Drug Case
Danny Copp, 19, of 1625 Haskell, faces arraignment September 7 in Douglas County District Court on illegal sale of marijuana after a preliminary hearing in county court. Copp remains free on a 1500 bond. He was among eight arrested July 11 in a Lawrence drug raid. Wayne Martin, 19, of 925 Ala., pleaded guilty to illegal marijuana sale and awaits sentencing.
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Danny Copp
Haskell
Douglas County
Copp
Lawrence
Wayne Martin
Ala
Campaign Ads Probed Over Nixon Docking Support
U S attorney general confirms federal probe into newspaper ads backing Richard Nixon for president and Robert Docking for governor. The group Republicans for Docking allegedly used a candidate name without permission, with the inquiry ongoing and no grand jury date set.
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Topeka, Kan
Richard Nixon
Robert Docking
Republicans For
Anderson
Topeka Realtor
Roth
Docking
Nixon
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