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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Aug 10, 1973
Page
5
A national forecast projects sorghum at 219 million bushels the year’s second biggest after 1971’s 233.55 million. Corn is pegged at 149.76 million, highest since 1928, with 104 bushels per acre. Barley, oats, and hay show declines from prior records amid late development and weather conditions.
JOAN ISTAS reports a volatile 1973 wheat market as prices rise to a record 4.20 at Richmond Farmers Co-Op while other area elevators quote lower bids. Farmers hold stock awaiting higher prices. some expect 5 by summer as crop reports hint weaker supply and strong demand. Elevators warn market remains erratic with bids fluctuating daily.
Topeka, AP reports the state Crop and Livestock Reporting Service issued August forecasts for Kansas crops. The 1973 soybean crop is estimated at 28.875 billion bushels and the wheat crop at 381 million bushels, unchanged from July. Harvest finished in mid July.
Houston police reporting progress in a sex ring murder case say 21 bodies have been unearthed in scattered graves near Broaddus and High Island in San Augustine County and in the Pasadena area. Elmer Wayne Henley, 17, implicated in the killings, told reporters more graves may be found. He said the victims were teenage boys from Pasadena and described lurid torture linked to Dean Corll. Police expected to be led to additional graves as the investigation expands. A separate note from Lawrence Kansas reports a 10th letter to a reward fund concerning a March triple murder near Ottawa, offering $1,000 for information leading to arrests.
Ottawa restaurant owners report little impact yet but warn of looming supply gaps and higher costs after a beef price freeze ends. Hereford Inn plans earlier closings, others scramble over meat shortages, with prices expected to rise sharply when the freeze lifts next month.
Skylab 2 astronauts at space center Houston rested two hours later than usual after two weeks in orbit. They queued chores and cleanup, reported minor troubleshooting needs, and prepared for the first space shower by Bean Garriott and Lousma. Bean noted ongoing blood samples as part of a medical study.
Kansas City AP reports wheat futures surged to the new ceiling as bidding opened at 9:30 a m with limit trades and a daily increase raised earlier in the week to spur movement. By Friday September futures reached 4.35 while other grains and cattle prices also hit limit levels amid uncertainty among Kansas and Nebraska wheat growers.
The Cost of Living Council extended the gasoline and petroleum product price freeze for another week to Aug 19 while final oil regulations are prepared. Phase 4 rules cover insurance and disclosure of financial reports. Ceiling prices set for retail gasoline and home heating oil with posted price and octane on pumps. A 7 cent per gallon minimum markup applies to stations and oil dealers may use monthly automatic adjustments for heating oil costs only, not for profit or domestic cost increases. Rollbacks possible in gasoline and heating oil prices.
President Nixon signed the farm bill saying it should help in the battle against inflation by encouraging American farmers to produce at full capacity. He noted reduced or eliminated payments to farmers during periods of strong demand and high prices and called the bill a realistic compromise on major economic issues.
Vice President Spiro T. Agnew has retired to a Palm Springs resort for a long weekend while his lawyers study immunity options over a federal probe into Maryland political corruption. A Baltimore grand jury continues hearing witnesses as Agnew vows he has nothing to hide and will provide needed records at the appropriate time.
Authorities report no new leads in the apparent murder of Wilma Jean Willoughby a Wellsville nurse mother of three. Her decomposed body was found in a hay field south of town, time of death estimated weeks earlier. Her burning 1970 Ford Maverick was found July 20 on 95th Street Lenexa bearing FR V 796. witnesses urged to report sightings. Evidence was sent to the Kansas Bureau of Investigation lab for analysis.
Weather forecast shows clear to partly cloudy skies tonight and Saturday. Lows in the 40s to near 50s with highs in the upper 80s to low 90s. Winds variable up to 15 mph tonight.
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