30 Sep 1998
Page 1
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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Sep 30, 1998
Page
1
The bulletin board omits the Take Off Pounds Sensibly meeting phone number from last Friday's issue. For further information readers are advised to call (785) 242-1807 as the Herald apologizes for the error.
Wall Street traded lower at midday as traders reacted to the Fed easing rates by 1/4 point. The Dow fell 119.47 to 7,961.05 with lighter volume on Yom Kippur, while the S&P 500 dropped 19.38 to 1,029.64 and the Nasdaq shed 40.85 to 1,693.20.
Dan Quisenberry the Kansas City Royals reliever and three time All Star died of a brain tumor at age 45. He helped the Royals win two AL pennants and the 1985 World Series after undergoing surgeries in January and June but doctors could not remove all of the malignant tumor. The Royals confirmed his death but did not release details on when or where. He was known for his quick wit and submarine pitching and often directed humor at himself.
The Fed trimmed the federal funds rate from 5.50 to 5.25 percent, but markets like the Dow faltered before closing down 28 points. Banks weigh further pass-through to borrowers as some cut prime rates while others hold. Analysts cite risk and LTCM's near-collapse as dampening lending sentiment.
In Mississippi and along the Gulf Coast thousands return to damaged homes after Georges drenched the region. Residents face displaced roofs, uprooted trees, flooded floors, and sewage soaked property as rivers rise and power outages persist. President Clinton declared the area a disaster, with about 400,000 customers still without power and rescues ongoing in Pascagoula and surrounding communities.
Household hazardous waste drop at FR CO HHW Facility from 7 a.m. to 1 p.m. Call 229-8470. Karaoke night at O'Leary's Pub & Grill with Larry and Cora from 9 p.m. to 1 a.m. Lunch with Gov. Bill Graves on Thursday October 8 at noon, reserve by October 2. Vera, Doris, and Juante contact numbers provided. Ottawa Ducks Unlimited Banquet on October 8 at 6 p.m. at Eagle's Lodge with raffles and auctions. call Ronn Heise at 242-3550 for tickets. Photo pickups for Society or Ads. files being cleaned and discarded.
Weather data for Ottawa Kansas from 1998 includes temperatures and past records. It references a 61F high and 54F low for Thursday into the weekend with 90F and 95F records noted for prior years.
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