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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Aug 13, 1998
Page
2
Perceived reporter error misidentified Silkville Ranch owners. John and Barbara Netherland are the correct proprietors. An oversight left Wednesday market quotes outdated in the Aug. 6 Folks and Facts.
Williamsburg Community Club hosts a Thursday 7 p.m. town meeting at the club building to discuss a proposed road project and property tax increase. Local residents and officials will attend to hear details and ask questions.
Stocks fall after a brief rebound with the Dow down 62.56 to 8490.40 and the S P 500 slipping 5.87 to 1078.35. Nasdaq drops 15.64 to 1809.89 as NYSE and AMEX composites ease. Ottawa Co-op grain quotes and Franklin County Farm prices listed. online market wrap promised.
July retail data show a 0.4 percent overall decline to 224.7 billion dollars as auto sales plunge 3 percent to 59 billion amid the GM strike. Outside autos, most sectors rose with durable goods up. Unemployment claims fell 7,000 to 301,000, reflecting a resilient economy despite export and profit pressures.
Consumer Union and Consumer Federation of America urge FCC to require pass through of government ordered access fee reductions to residential customers. They say residential credits could total around 1 billion dollars over several years, countering current practice where most savings go to big business.
Marjorie McDonald, 65, won a 466,870 dollar Kansas Cash jackpot in Monday's drawing, using a Quick Pick ticket bought at Rum and Go in Topeka. After taxes the payout is about 312,000. She initially thought the ticket was only worth one dollar. She plans to pay debts, invest, and travel.
The State Board of Education approved changes to reading and writing assessments and delayed new reading tests for a year. The 1999 spring introduction shifted to 1999 2000, as educators sought time to improve the tests. Existing tests in math social studies and science remain in use for 460,000 students across 304 districts.
Assisted living expands as a housing option for seniors and industry groups urge clear disclosures of services and costs along with minimum standards. Groups like AARP and the Alzheimer’s Association seek state laws to regulate offerings, costs, and guarantees, amid rapid growth from 560,000 in 1990 to about 1 million last year.
The forecast calls for sunshine spreading from the Ohio Valley to the Northeast tomorrow with clouds and showers along the way. A cold front advances from the Rockies, keeping temperatures variable across the region and winds shifting with the front.
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