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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 15, 1971
Page
14
Kansas City AP reports grain and bean prices with wheat at 1.40, corn 1.41, beans 2.06, oats 0.58, plus percentage grades for whole and medium classes. Butter remains steady with grade A liquid 85, solid 85, quarters 86 per pound.
Cattle 100 head with calves none. Steers 26.75 to 28.75, heifers 26.00 to 27.50. Hogs around 3,000 with barrows and gilts steady to strong, up to 25 higher. 218 lb at 16.65, 200-250 lb 16.00-16.50, 250-275 lb 15.50-16.00, 270 lb 14.75-15.25, 32 lb 14.25. Sows steady to 25 lower. 330-400 lb 12.50-13.00, 400-600 lb 11.75-12.75, No. 3 550-625 lb 11.50. Sheep 25. limited sales earlier in week, choice wooled lambs 23.00-24.00.
Detroit report shows domestic automakers plan to assemble 192,720 cars this week, a new weekly high. Output surpasses 1970’s 187,193 and rises from 169,598 last week and 138,517 a year ago. Year to date Jan 1-16 total 362,318 cars. Trucks slated this week total 41,749 with year-to-date 83,173.
Industrial production increased 1.4 percent in December led by a rebound at General Motors and auto supply plants after the prior fall strike. Overall output remained 6.1 percent below the July 1969 peak, at 163.9 percent of the 1957-59 average.
Today in New York the Dow Jones average rose 4.03 to 847.34 as gains outpaced declines two to one. Major price moves included Control Data down to 50.36, Chrysler down to 25.36, Federal National Mortgage up to 60, Telex down to 14, and Tenneco up to 26.
Maynard Herron of Manter, a Kansas University freshman, reported his car missing from the Oliver Hall parking lot. The theft occurred between 6 30 p.m. Wednesday and 2 30 p.m. Thursday.
TOPEKA The Kansas Board of Regents approved a 2000 a year raise for Kansas State football coach Vince Gibson, lifting his pay to 28500 after a 6-5 season. Assistants' salaries range from 10500 to 17500 with names listed, and Pepper Rodgers at UCLA also received a raise. DON FAMBROUGH signed a three year contract at 20000 start.
Kansas Consumer Day will address unit pricing and establishing small claims courts. Dr. Richard L. D. Morse, Kansas State University economics professor, urges accessible settlements for $25 complaints without attorneys. Sen. James Pearson will speak at the luncheon session.
A Supreme Court decision nullifying two obscure postal obscenity statutes is not expected to curb the Postal Service’s anti smut push. Officials say the ruling removes the post office from deciding what is obscene while leaving criminal mailings and certain opt out laws intact.
Lawrence Jaycees observed national Jaycee Week from Sunday to January 23 featuring a luncheon at Holiday Inn with Ron Au of Honolulu and guests including Bobby K. Hudson and Kurt von Achen. A 7 p.m. awards banquet will honor 21 to 35 year olds and include a guest speaker John Ivan. Pancake sales next Saturday raise funds for a boys club and other community projects.
KU officials say credit cards are not legal tender for spring costs at Kansas University but may become common at state schools. Keith Nitcher, vice chancellor for business affairs, notes Wichita State University already allows enrollment fees, bookstore purchases, residence contracts and other expenditures on BankAmeriCard and Master Charge. He adds a possible future pattern but says moves await after the second semester.
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