Markets mixed as rates cut and Volcker signals slow economy
New York stock prices slipped with the Dow down to 974.93 as banks cut prime lending rates to 18.5 percent and Federal Reserve Chair Volcker warned of a sluggish 1981 economy. Major banks including Citibank and First National Bank of Chicago lowered rates. Northwest Airlines and Trans World fell while Warner Communications and Kmart rose amid grim trading. Kansas City livestock prices showed varied shifts with cattle and hogs mostly lower and slight gains for some feeders, cattle and hogs receipts projected for Wednesday.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Citibank of
First National Bank of Chicago
Chemical Bank
Federal Reserve
Paul Volcker
Fed
Northwest Airlines
Trans World
Warner Communications
Kmart
Sears
NYSE
American Stock Exchange
County stretches funds to replace 2 bridges
Douglas County officials aim to maximize rural bridge replacements using bond money approved in 1974. Commissioners allowed reimbursements from the regular bridge fund to finish two more projects, freeing bond funds for seven additional rural bridges.
MENTIONED IN THIS ARTICLE
Douglas County
Mike Dooley
Douglas County Public Works
Dooley
Commission
Bob Neil
Walt Cragan
Cragan
Public Works Department
Olney Pancake Race crowns Ludgate for second year
Olney England Rosemary Ludgate, 23, won the annual pancake race in 62 seconds on a 415 yard course, defending her title from last year. Liberal Kansas officials planned to challenge her time, while drizzle and wind marked the event with a festival tradition dating to 1445.
MENTIONED IN THIS ARTICLE
Olney
England
Rosemary Ludgate
Liberal
Kan
Two-Vehicle Crash Injures Four At 23rd And Haskell
Four people were injured in a two car collision at 23rd Street and Haskell. Amos Westerhouse, 80, restrained at Lawrence Memorial Hospital for observation after the crash involving his wife Leon Westerhouse, 83, and Frederick Grover, 63. Grover and his wife Betty Grover, 58, were treated and released. Mrs Westerhouse received a ticket for failure to yield the right of way.
MENTIONED IN THIS ARTICLE
Lawrence Memorial Hospital
Haskell
Amos Westerhouse
Eudora
Leon Westerhouse
Frederick Grover
Palmer
Grover
23Rd Street
Westerhouse
Lawrence
Betty Grover
County Officers to Meet in Topeka for Day at Statehouse
About 150 Kansas county officials including Douglas County commissioners will convene in Topeka for County Government Day. They will attend legislative committee meetings, receive a briefing at the Kansas Historical Society at 10 a.m., then spend the day with legislators. The event is sponsored by the Kansas Association of Counties.
MENTIONED IN THIS ARTICLE
Kansas
Douglas County
Topeka
Statehouse
Kansas Association of Counties
Kansas Historical Society
Fred Allen
Association
Campaign on shoestring frames school board bid
Ms. Faucher, an EU administrator, runs a campaign arguing the district should not act as a surrogate parent and would push for broader community and faculty input in decision making. She emphasizes fiscal caution, improved curriculum input, stronger budget oversight, and better admin faculty relations while seeking to contribute to Lawrence since 1967.
MENTIONED IN THIS ARTICLE
Faucher
Senate
Affirmative Action Advisory Board
Lawrence
Death notices and graveside services across Kansas and Nebraska
Death notices from Roy J. Hetner Robert L. Emery and Sue Evans list July Os in Lawrence Topeka Bonner Springs Salina McCook with funeral times at Rumsey Memorial Park Cemetery and Parker Price Mortuary. Hetner owned Sunny Slope Garden Nursery and died at Samaritan Lodge after a career at Hercules Powder Co. Emery, 28, Lecompton, died at a Topeka hospital after leukemia, survived by family and worked for Kansas Internal Revenue. Evans, 80, McCook, formerly of Lawrence, died at McCook Community Hospital. active in Eastern Star PEO and Elks Auxiliary. Funeral services set in multiple cities with graveside rites in Oak Hill Cemetery Lawrence.
MENTIONED IN THIS ARTICLE
Rumsey
Roy J. Hetner
Haskell
Edwin E. Berner
Memorial Park Cemetery
Mr. Hetner
Samaritan Lodge
Mentor
Lawrence
Tonganoxie
Hercules Powder Co
Sunny Slope Garden
Virgil
Bonner Springs
Robert
Topeka
Betty Lloyd
Maple
Lecompton
Robert L. Emery
Memorial Park
Emery
Shawnee Heights High School
Washburn University
Kaw Valley Vocational Technical School
East Side Baptist Church
Kansas Internal Revenue Department
Ben Emery Jr
Gary W
St. Louis
Ron E
B. Janelle Barnes
Ben Emery Sr
Parker Price Mortuary
Mccook, Neb
Sue Evans
McCook
Herrmann
Schmitendorf Seeks City Office in Downtown Debate
Lawrence candidate Schmitendorf discusses options for a private consulting firm study and downtown redevelopment. He favors a cornfield mall over wiping out blocks of buildings, but warns impacts on downtown may vary and questions use of industrial revenue bonds. Schmitendorf is a Lawrence native and KU design graduate who works at George's Used Furniture and Antiques.
MENTIONED IN THIS ARTICLE
Schmitendorf
George
Mass
Lawrence
City budget choices for maintaining or adjusting services
The candidate outlines careful planning to stay within the city budget and suggests economizing where possible while preserving vital services. He notes a preferred stance on an enclosed mall but cautions that downtown Lawrence preservation matters, and he supports a balanced role for the city in promoting downtown retailing. He also acknowledges some neighborhoods may be neglected and urges voter engagement.
MENTIONED IN THIS ARTICLE
Schmitendorf
Iowa Street
Armstrong Road
Iowa
Lawrence
KU forms Academic Standards Review for undergraduates
Administrators faculty members and students at KU organize an Academic Standards Review group to examine undergraduate programs and policies and propose improvements. The panel includes athletic and academic officials and aims to ensure equal access and high quality procedures for all students while aligning with NCAA Big Eight and AIAW expectations.
MENTIONED IN THIS ARTICLE
Shankel
KU Athletic Corp. Board
Insolvent Kansas City utility faces 14.7 million deficit
The city owned Board of Public Utilities serving over 170000 residents is reported insolvent with a projected combined operating and construction deficit of 14.7 million dollars by May end. A 31 million bond issue was approved as a relief measure amid plans for an investigation into possible financial negligence.
MENTIONED IN THIS ARTICLE
Kansas City, Kan
Board of Public Utilities
Boettcher & Co
Hospitals Admissions and Birth Announcements
Ralph Hess Sr admitted to hospital at 642 North Sixth. Birth announcements list Mr and Mrs Wesley Grammer at 3323 Iowa Street with a boy born Monday and Mr and Mrs Jon Davis at 1406 Clare Court with a boy born Monday.
MENTIONED IN THIS ARTICLE
Ralph Hess Sr
Wesley Grammer
Iowa
Jon Davis
Clare Ct
Also Mentioned on This Page
Associated Press
New York City
Journal-World Press-Time
Wall Street
Farmers Co-op
Lawrence Wheat
KC Livestock
Kansas City, Mo
R. J. Leete
Jaycees
John Carlin
Kansas University
Howard Hibbard
Columbia University
Hibbard
Thurston More
KU Phi Beta Kappa
National
Ms. Faucher
Roy Hetner
Robert Emery
Minneapolis
Order of the Eastern Star
PEO Sisterhood
Elks Lodge
National Collegiate Athletic Assn
Big Eight Conference
Association of Intercollegiate Athletics For Women
College of Liberal Arts and Sciences
Jack Reardon
Wyandotte County Dist. Atty
Nick Tomasic
BPA
Tony Mikesic
Ana Riojas
Bonnie Wells
House of Usher
Bonnie
First National Bank
House OF Ushe Ite
Massachusetts Street
Lawrence Kansas
Sti
Radio Shack
Tandy Corporation
Barkley Clark
Parks and Recreation
Hobbs Park
East Lawrence
Holcom Park
Lawrence High
Little “Pocket
Watkins Museum
Lyons Street
North
Brook Creek
Corps of Engineers
State of Kansas
Kansas River
Burcham
Constant
Commissioner Committee
al Hack
Treas
THE
Lawrence Journal-World
Journal-World
Journalorld
Advertiser
All Seasons Tree Service
Raney Drug Stores
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