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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 17, 1971
Page
16
Market notes show wheat at 1 38, corn 1 10, mile 1 74, beans 2 91, oats 0 80 and a 30 year industrial index down 53 to 870.86. Dow declined modestly as profit taking followed solid gains, while Group of Ten ministers met in Washington seeking currency settlement. Abacus Fund Inc stock halted. Paine Webber to absorb Abacus in consolidation.
New York stocks drifted lower after teetering on the plus side this afternoon as trading stayed active. The market showed modest movement with the Dow Jones average hovering near recent levels at 2 p.m.
Wheat falling slightly in the Kansas City market with No. 2 hard at 1.56 to 1.70 a bushel and No. 2 red wheat around 1.55 to 1.56. Corn mixed, oats steady, soybeans near 3.04 to 3.15 a bushel. sacked bran and shorts priced at 55.00 to 55.75.
AP dispatch from Kansas City notes cattle offerings too small to set a price. Hog prices rise with 2,800 hogs traded and values at 21.25 to 22.75 for various weights, while sows under 500 pounds steady and over 500 pounds down 25. Advance Monday totals project 1,600 cattle, 100 calves, 6,000 hogs, and 300 sheep.
A Maneater editorial calls for MU president Dr. C Brice Ratchford to be dismissed and rejects his plan to reorganize the University of Missouri system. The plan would shift many graduate programs from Columbia to St Louis Kansas City and Rolla, drawing strong opposition from Columbia students.
Romana Banuelos was sworn in as the 34th treasurer of the United States in Washington. Secretary John Connally administered the oath, praising her potential to bring grace and quality to the Treasury as her husband Alejandro and son Alejandro Jr. watched.
A Douglas County District Court jury recessed for lunch today without a verdict in the hashish sale case of James M. Rolfs, 23, of 1131 Tenn. The jury began deliberations shortly before 10 a.m. Thursday morning in the drug case.
Kansas University reported 1971 parking fines totaling 60524 dollars, with fines forming 37.9 percent of a 159442 dollar parking fees fund. The year also details athletic department funding from state sources and a 167758.50 dollar architec dentistry fee agreement with Missouri, plus a large banking suspense fund and campus lecture expenditures.
Sedgwick County prosecutor filed 181 criminal misdemeanor charges against 15 Wichita dealers and one individual for odometer tampering. It marks the first such charges against auto dealers under Kansas law. Convictions carry up to $1,000 fine or six months in jail. one dealer faced 78 counts across 40 vehicles.
The 20th annual Bromelsick Party for 4-H and Scout members is set for 2 p.m. Saturday in Hoch Auditorium on the Kansas University campus. Santa Claus will be the featured guest.
Haskell Indian Junior College presents a Christmas Concert at 8 in the school auditorium open to the public. The Chorale is directed by Jacob Bohanon and the concert band is led by Jack Romine and Carroll Redwine. No admission charged.
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