Ottawa Brokers Count on Patience Amid Market Plunge
Ottawa brokers from Edward D. Jones and Co. and Private Ledger report local investors remain calm after Mondays 508 point Dow drop. Clients pursue dollar cost averaging and limit orders, with no panic selling. They expect a rebound, citing conservative long term portfolios, steady rates, and firm investment policies.
MENTIONED IN THIS ARTICLE
Diane Yeamans
Herald
Oacan Bank
Middle America
Wall Street
Ottawa
Edward D. Jones and Co
Private Ledger
Mark Sigurdson
Rick Peoples
Edward D. Jones
D. Jones
Peoples
Sigurdson
Wall Street Journal
Ratification Next For School Pact
Ottawa Board of Education and Ottawa Education Association negotiators review a written contract as a tentative agreement nears ratification. Board plans vote Monday. teachers vote Wednesday at Ottawa Middle School. If approved, contracts issued week of Nov 2 with back pay to Aug 31 and pay raises lifting base pay to 16,000 and top scale to 28,197.
MENTIONED IN THIS ARTICLE
Jay Bemis
Herald
Ottawa Board of Education
Board of Education
Ottawa Education Association
OEA
Ottawa Middle School
Byrd Questions Reagan Motives in Budget Session
Washington AP Byrd challenged Reagan’s willingness to negotiate a budget compromise while noting Congress seeks a real deficit reduction deal. Wright and Byrd insist the president must participate personally, see a move after stock declines, and pressure grows for a workable tax and spending plan.
MENTIONED IN THIS ARTICLE
Washington
Senate
Robert C. Byrd
Reagan
Congress
Byrd
West Virginia
House
Jim Wright
Wright
Dan Rostenkowski
D-Ir
Ways and Means Committee
Wall Street
Rostenkowski
Ottawa Commission Sees Resignation Bid and Conflict Claims
Two issues marked a calm Ottawa City Commission meeting as a motion for City Manager Lyle Dresher to resign failed 3-2 and a debate over Councilor Jerry Thompson's abstention in a Topeka firm's design contract. Thompson admitted the possible conflict, Fogle opposed, and CF&S won 4-1 for South Main Street resurfacing with a total project cost around 200000 dollars. Additional actions included a drug-law enforcement grant request, a 20 year KPL Gas franchise tax, and a sewer improvements change order.
MENTIONED IN THIS ARTICLE
Melissa Bauman
Ottawa City Commission
Lyle Dresher
Jerry Thompson
Topeka
Thompson
Fred Heathman
Dan Fogle
Dresher
Heathman
Fogle
DeLaTorre
Commission
McCrea
Cook, Flatt & Strobel Engineers
South Main Street
15Th Street
Gary Shofner
Cf&s
State Department of Administration
Franklin County
KPL
KPI
Kansas Lottery Receives 10 Million Up and Away Tickets
Kansas officials unveil the first 10 million tickets for the new Up and Away game set to go on sale November 12. The $1 tickets arrived from British American Bank Note at Fort Washington PA and will be tracked from warehouse to retailer with strong security. The odds range from one in ten for a free ticket to one in 180,000 for a $5,000 prize, with overall chances about one in 5.07.
MENTIONED IN THIS ARTICLE
OPERA
Kan
British American Bank Note
Fort Washington
Philadephia
Lottery
Montgomery
Topeka
Great Bend
Wichita
Kansas City
Kansas Lottery Security
Jim Huff
Kansas Lottery
Huff
Robert Fulton
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