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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 22, 1980
Page
4
The Heritage Foundation urges Ronald Reagan to avoid taking control of the U S Postal Service, calling it a mess due to runaway costs and inflated employee pay. The 3 000 page Mandate for Leadership argues the new president could sidestep federal blame by not assuming the mail agency’s management.
The Dow Jones Industrials rise 5.72 to 942.92 at midday while advancers outnumber decliners about 9 to 5 on the NYSE. Gold gains lift precious metals stocks as volumes slide to 20.88 million on the Big Board. NYSE composite up 0.32 to 77.18. AMEX index up 2.36 to 349.94. Kansas City cattle and hog quotations list ranges for various weights with steady to higher prices near the week’s auction
Douglas County records show Rodney R. Maquin faced two theft by deception counts and two new felony charges for writing insufficient fund checks. Arrested in Texas, he is held on 26500 bail awaiting a preliminary hearing next Monday. Authorities say he posed as the heir to the French's mustard fortune, swindling merchants across three counties out of items including a pickup truck, stock trailers, horses, TVs, electronics and waterbeds, most of which were recovered. Maquin's wife Alice is jailed in Tennessee on related charges.
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