CWHawks to regain rhythm as conference play begins
CW hopes to rebound as conference basketball wars start. Page 4. National President Carter vetoes anti-busing amendment. Page 8.
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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Dec 05, 1980
Page
10
CW hopes to rebound as conference basketball wars start. Page 4. National President Carter vetoes anti-busing amendment. Page 8.
Washington reports unemployment at 7.5 percent, a notch lower than October, while wholesale prices rise 0.6 percent down from 0.8 percent. Gasoline costs edge up for the first time in six months as food prices climb, with 11 months of 1980 showing producer prices up 12 percent yearly. Unemployment falls from 7.6 percent in October as jobs increase by 220,000 in the month.
New York banks increased their prime lending rate by 0.5 percentage point to 19 percent one day after the Federal Reserve raised the discount rate to 13 percent and added a surcharge on large frequent borrowers. Citibank led the rise, pushing toward the 20 percent ceiling this spring as inflation fears persist. The Labor Department reported a 0.5 percent rise in food prices last month with gains in pork, cereal, dairy, and produce, while energy prices also climbed.
Ottawa's USD 290 board will meet in regular session Monday at 2:30 PM at the district office 420 S. AM. The agenda includes a resolution to allow others beside the superintendent to sign credit cards for student trips, space needs, possible reorganization of grade structure, music in classrooms, and approval of a special education teaching contract.
President Carter’s aides urge restraint as Brzezinski and Muskie downplay a Soviet invasion and seek to ease East West tensions. They caution against overreacting to Poland’s unrest while noting the delicate, uncertain situation and ongoing Soviet buildup.
Ottawa city and Kansas Department of Transportation plan a public hearing at 7 p.m. January 5 in City Hall to discuss a Seventh Street reconstruction from K-68 to Cedar Street. The $1 million project would widen the street from 24 to 33 feet with resurfacing curb gutter and storm sewer work plus sidewalks and left turn lanes at Ash and Main. Two informational sessions with K D O T engineers are scheduled 2 to 4 p.m. at the same location.
The National Weather Service station at the Ottawa Water Plant logged a low of 34 degrees and a high of 58 on Thursday. Partly cloudy conditions persist tonight and Saturday with cooler air, lows in the upper 30s to low 40s and highs in the 55 to 60 range.
Financial Institution leaders warn farmers face hard times as costs rise and prices lag. Banks say many will qualify for planting loans while a minority may fail without collateral. SBA and FmHA programs offer aid with strict terms and deadlines, including a March 26, 1981, cutoff.
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