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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Sep 13, 1972
Page
7
New York AP reports the mutual fund industry, with about 57 billion in assets across 11 million accounts in 400 funds, faces a rethink as growth stalls. Redemptions rise above 10 percent, while purchases stay over 5 billion yearly. investors seek advice, tax coordination, and broader financial services from fund management firms.
A veteran financier argues that the small investor seeks reliable advice and outlets for investments to guard against inflation and taxes. He suggests that if a firm lends its imprimatur to a deal, dealers will be inclined to sell the product, and the average buyer will respond.
AP reports widespread jet noise affecting Los Angeles area schools. A Spanish teacher notes five years of lost dictation time, officials cite many playground fights, tests show hearing loss in junior high students, and teachers complain about loud home noise from jets.
US officials condemn British and French votes as an outrage after a veto on a Mideast crisis resolution that failed to condemn Arab terrorist acts. The clash feeds a broader campaign against air piracy as ICAO talks in Washington yield mixed results. Meanwhile jet noise near Los Angeles area airports disrupts schools with reports of hearing loss and calls for soundproofing in classrooms.
Dr E Grey Dimond of the University of Missouri Kansas City Medical School announced plans for a delegation of about ten Chinese physicians to visit the United States in October. The group may include surgeons heart specialists obstetricians and gynecologists with interpreters. The visit was arranged privately with no involvement by the U S government. Invitations were issued seven months ago by American doctors including Dr Dimond and Dr Wesley Wall.
In a lively premiere, Beatrice Arthur stars as Maude, a loud liberal navigating her daughter's divorce and neurosis, while CBS tests a new Tuesday lineup against Bonanza and Temperatures Rising. NBC airs a hard look at private pension plans, critiquing coverage and seeking fixes.
The Kansas Republican platform committee approved a draft aligned with Morris Kay’s gubernatorial bid. An amendment to extend local government expenditure ceilings, known as the tax lid, was adopted. Other ideas include reviving a sales tax repeal on food and medicine, creating a state aging department, and tax control by voter referendum.
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