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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Aug 15, 1995
Page
7
Japan's July merchandise trade surplus with the United States fell 31.1 percent from a year earlier, narrowing the U.S.-Japan gap to 3.872 billion dollars as exports to the United States dropped for the first time in nearly three years.
Local market notes show Midland Elevator prices for wheat at 4.51, corn 2.87, milo 4.70, soybeans 5.86 with regional quotes from Omaha and St. Joseph. Hogs and cattle futures mix with live quotes for various weights and grades. Gold and dollar values listed, with currency rates and official bank notes from Commerce Bank KC.
Kansas City division of Microsoft plans a Windows 95 launch exposition from 12 30 p m to 3 30 p m August 24 at Midland Theater 1228 Main Kansas City MO The event features a Bill Gates satellite broadcast Windows 95 demonstrations and previews of compatible hardware and software products Attendee info via 1 800 486 1065 and http://www.microsoft.com/windows.
Dayton Hudson Corp. posted a 43 percent drop in second-quarter earnings as weak sales hit Mervyn's and department stores. Target discount stores posted higher operating profits with division sales rising 14 percent and same-store sales up 6 percent, aided by lower charges for store closings. Net income fell to $28 million, 32 cents a share, from $49 million, 62 cents, as revenue grew 9 percent to $5.24 billion. The firm plans a SuperTarget in Lawrence in early October.
Intel Corp said it used special software to fix a bug in some computer circuit boards caused by a Micron Electronics unit chip. The flaw affected letters and numbers entered in documents, and a patch has been provided to users to prevent errors.
Rusty Williams, 33, said he saved ADM whistle blower Mark Whitacre, 38, by discovering him unconscious in his Chicago garage last Wednesday morning after Whitacre attempted to kill himself with carbon monoxide. Whitacre, a government informant in the Justice Department probe into ADM price fixing, is hospitalized. Williams arrived early and found him at 7 am after being told to come in late.
The former Pioneer Savings branch at 2301 Iowa will be auctioned October 2 along with 23 other Kansas and Missouri properties. RTC winds down its regional operations after cleaning up the savings and loan crisis. The Lawrence site opened in 1988 and covers 1387 square feet with a suggested opening bid of 20000 dollars. Inspection days are August 29, September 13 and 25. Sheldon Good & Company of Kansas City will run the sale at 1 pm at Kansas City Marriott Downtown. Other auctioned properties include Lenexa Crossings and Prairie Village office condo units.
Missouri banks face a surge of takeover and merger activity as the federal interstate banking law takes effect. Analysts estimate Mercantile Bancorporation could fetch up to 60 a share amid bids from BankAmerica Nationsbank Banc One and Norwest.
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