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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
May 29, 1998
Page
1
A local ad brief invites residents to meet Jim Clark, candidate for the 2nd District U.S. Congress, Friday May 29 from 5 to 7 p.m. at Haley Park at 2nd and S Main. Also noted: hazardous waste drop at HHW facility Friday and Saturday, kindergarten physicals available, and a Peoria Township meeting Friday May 29 at Briles School.
Wall Street quotes list Casey's, Comm Fed, Dolr Gen, H R Block, O'Reilly Auto, Wendy's with fractional shares. Ottawa Co op afternoon grain quotations show hard wheat 2.80, corn 2.18, milo 3.50, soybeans 5.95, oats 1.60. Franklin County Farm Services posted wheat 2.74, corn 2.19, milo 3.40, soybeans 5.79.
Americans saw personal incomes rise 0.4 percent in April to 7.18 trillion, led by wages and salaries. Consumer spending grew 0.5 percent to 5.72 trillion, disposable income rose 0.4 percent, while real after tax income gained 0.2 percent the smallest in nine months, driving the savings rate lower for the fourth time in five months.
Direct Casket opens a New York shop selling caskets up to 75 percent cheaper than funeral homes. The FTC ruling allowing cross-purchase sparked a price war between large mortuaries and small retailers, with average burial costs exceeding 5000 dollars and caskets often the largest expense.
President Boris Yeltsin dismissed Alexander Pochinek as Russia's top tax official and named former Finance Minister Boris Fyodorov to lead the tax service. IMF praised the move and backed plans to increase tax collections as Russia seeks to narrow the budget gap amid an economic crisis. IMF also considers delaying a $700 million loan installment and emphasizes no bailout. Market sentiment steadies on hopes of Western rescue. ruble stability remains a central concern.
President Clinton announced Justice Department funding to add 700 police officers in 18 U.S. cities to bolster community policing and target high-crime neighborhoods. Chicago would receive 150, Miami 170, and Baltimore 100, as part of the COPS program aiming to place 100,000 officers on the streets.
Obituary notices for John K. Howard of Northglenn Colorado who died May 25 1998 at age 71 with funeral today in Broomfield. Marguerite Lucille Sherman of Paola Kansas died May 25 1998 with services May 28 Osawatomie. Frederick A. McKiernan aged 80 of Spartanburg North Carolina died December 1 1997 with funeral arrangements in Ottawa Kansas. Survivors listed for all include spouses children siblings and grandchildren. Memorials directed to Lutheran Hospice or American Lung Association.
Mid air will cover the central and south wing tomorrow with highs in the 908. Areas from Virginia to a will also be rather hot and sticky while aie will prevail from Minnesota to New Wand. Clouds and showers will cool the.
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