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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Aug 30, 1986
Page
6
Wellsville netters set high goals as they prepare for upcoming matches. The page notes focus on the team outlook and local athlete progress, highlighting coaching plans and prospects for the season.
National Lutheran groups negotiate cooperation to unify efforts and address shared concerns. Leaders from councils across states coordinate through a conference aimed at integrating programs, resources, and governance to strengthen the denomination nationwide.
Kansas revenue officials including Harley Duncan reported August tax receipts $11.6 million below expert forecasts, led by a $7.5 million sales tax shortfall. July also undershot, pushing the fiscal year-to-date gap to $16 million. Other major taxes lagged as well, with severance, corporate, and personal income taxes all missing estimates. Duncan called the sales tax shortfall unusual and concerning.
The Hunt brothers filed Chapter 11 protection for Placid Oil Co and Penrod Drilling Co in New Orleans court aiming to shield assets from 23 banks amid a 1.5 billion loan burden. Placid lists 2 billion in assets and 979 million in liabilities as the family vows to fight the banks and keep operations running while litigation proceeds.
In Yaounde and Bamenda, volcanologist Haroun Tazieff warned Lake Nios still harbors lethal gas after last week’s blast that killed over 1,700. He urged preventing return to the area while government relief chief Jean-Marcel Mengueme said survivors are being cared for.
A national Day Off Monday honors laborers. Financial institutions and government offices at city county state and federal levels will be closed. Ottawa Herald staff will rest and the newspaper will not be published Monday.
General Motors cut rates to 2.9 percent on 1986 models and delayed the 1987 year start, triggering a sales surge as Chrysler matched with 2.4 percent financing. Ford planned its own response while critics called the deals gimmicks paid in the car price.
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