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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Aug 20, 1976
Page
8
Washington AP reports government figures may show a modest rise in food prices with a chance of a drop. Economists expect little change in overall inflation, noting food relief has slowed the June rise and that weather and harvests influence prices abroad and at home.
The SEC filed a complaint in U S District Court naming Louis J Roussel Jr six companies and nine others over alleged securities law violations tied to ICB Corp the International City Bank between 1970 and 1975 The actions included false annual reports third party maneuvers to gain control of businesses and a bank loan to its own retirement fund to purchase stock to keep control The dispute extends to Kansas and Louisiana and involves Farm & Ranch Financial Inc Superfine Oil & Gas Inc and National American Life Insurance Co The SEC seeks an order barring fraud and a special counsel appointment to probe the suit and report back to the court
In Media Pennsylvania Police Chief Thomas Bruton says he will testify against his eldest son Thomas Bruton Jr on murder charges connected to the death of Frank Sawyer 35 of Drexel Hill whose body was found in a trash bag along a highway. Also charged are Sawyer's estranged wife Sarah Ann 21 and roommate Alphonse Pritchard 26.
After 20 years of marriage Prince Rainier and Grace Kelly speak at the International Eucharistic Congress in Philadelphia about faith as the cement of family life. They emphasize secure, loving guidance and a shared Christian background as essential to raising their children Caroline, Albert, and Stephanie with character and identity, amid modern materialism.
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