Interest rates fall as Fed eases cash supply signals recession
Rates drop from near record highs as the Fed increases money in circulation amid signals of a possible recession. Economists foresee further declines. banks cut prime lending rates to 19.5 percent, with several institutions matching or exceeding the move. Short-term yields ease at Treasury auctions.
MENTIONED IN THIS ARTICLE
Associated Press
Federal Reserve Board
Commerce Department
William C. Freund
New York Stock Exchange
Southwest Bank of St. Louis
Rcent
Midway
Federal Reserve
Fed
Treasury
Chase Manhattan
Reagan alters spending cuts on economy speech
President Reagan plans a nationally televised address on the economy and retools his spending cuts after Republican leaders said delaying Social Security cost of living increases is not realistically possible. He urged Americans to tune in Thursday night and may cancel a Richmond trip to deliver the remarks.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Rose Garden
Richmond
Vatican names new bishop for Belleville Diocese
The Rev. John N. Wurm auxiliary bishop of the St. Louis archdiocese is named bishop of the Belleville Illinois diocese by Pope John Paul II. Wurm, 53, succeeds Rev. William M. Cosgrove who resigned as bishop last May and has served as administrator since. Born in Overland Missouri he holds a doctorate from Saint Louis University and was ordained in 1954. He served as associate superintendent of schools before becoming auxiliary bishop in 1976.
MENTIONED IN THIS ARTICLE
Wurm
John Paul II
Washington
Pio Laghi
Vatican
United States
Overland
St. Louis
Legislator robbed near state Capitol in Bauer's dining spot
Illinois state Rep. Tim Donovan of Decatur was robbed at gunpoint by two masked men inside Bauer's restaurant near the Capitol complex as he left about 9:30 p.m. The suspects stole about $15 from Donovan and roughly $500 from the cashier's booth. he was unharmed. Police arrived within seconds with about 40 customers present.
MENTIONED IN THIS ARTICLE
Springfield
Illinois
Tim Donovan
Decatur
Statehouse Complex
Donovan
Bauer’s
Donoovan
Jackson workshop may rebuild on fire site
The Jackson Community Workshop in Murphysboro considers rebuilding on the fire site at 20 N 13th St. The building would be about 9 000 square feet with possible 4 000 square feet of covered storage, funded by the workshop’s own resources and with advisory board plans. State funding cuts from the Illinois Department of Mental Health and Rehabilitation Services loom as the workshop continues operations in a temporary space at Kroger's Co. store.
MENTIONED IN THIS ARTICLE
Ann Schottman Knol
Southern Illinoisan
Jackson Community Workshop
Curtis Kohring
Carbondale
Murphysboro
13Th St
Kohring
Illinois Department of Mental Health
Illinois Department of Rehabilitation
Kroger’s Co
SiU program wins final year of federal funding for service
SIU community service program will receive 78000 dollars for 30 student interns at about 20 service agencies in Southern Illinois. After a funding cut, Dean Samuel Goldman rewrote sections of the proposal and announced David Fauri as the new UYA director. The program will be integrated into the university curriculum and plans include SIUC faculty support and potential agency cost-sharing after federal funds end.
MENTIONED IN THIS ARTICLE
SIU Community Service Program
Jean Ness
Southern Illinois and
Southern Illinois University-Carbondale
University
VISTA
Ilinois
Samuel Goldman
College of Human Resources
UVA
Washington, D.C
Goldman
James Burnley
Action Proams
Washington
Roe YA
Ment
David Fauri
Southern Illinoisan publication details and rates
The Southern Illinoisan lists offices in Carbondale Herrin and Murphysboro with delivery and mail rates for various periods. It notes holidays publication, carrier and motor route options, and provides office and advertising contact numbers plus a post office box address.
MENTIONED IN THIS ARTICLE
Southern Ilinoisan
Illinois
Carbondale
Ill
N. 16Th
Herrin
S. 12Th
Murphysboro
Ae Ae Feew
Southern Isan
Murphysbo
M Ro
Southern Illinoisan
City cannot pay 111-year loan interest claim
East St. Louis officials reject Army Sgt. Robert Gormley’s bid to collect on a 1870 promissory note promising $200 with 10 percent interest. City counsel calls the pursuit a joke, noting the town’s $6.5 million general revenue budget and the impracticality of paying any such claim.
MENTIONED IN THIS ARTICLE
East
Artis Talley
Carl E
Gormley
San Francisco
East St. Louis
St. Louis Globe- Democrat
Talley
Spokane
Wash
Sue
Ross
Cobden hires new police officer and planning member
Cobden Village Board named Vern Yancey as police officer to fill the vacancy caused by Roy Johnson’s resignation. Mary Vitt was appointed to the planning commission replacing Barbara Smith. The clerk announced applications for a water and sewage plant operator trainee due Oct. 5, available at the village hall.
MENTIONED IN THIS ARTICLE
Planning Commission
Cobden Village
Bord
Karen Vitt
Vern Yancey
Roy Johnson
Mary Vitt
Barbara Smith
Also Mentioned on This Page
Belleville
State
Jackson Workshop
Herrin Elks North
Wayman Presley
Frank Samuel
CooCoo
Bowling & Recreation Center
Carterville
H. M
E. St. Louis
Cobden
Donna P. Yandell
Plaza
State Farm
State Farm Life Insurance Company
Bloomington
Ishrars
Southern Illinois
E. Main
West Frankfort
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