The Springfield News-Leader from Springfield, Missouri • Page 12

4B Thursday. Decernse, 3. 1987 OZARKS A RKETPLACE Th. News-LT Report to block SMS street plan Bund Cecilia and William Roberson want to rezone a six-acre tract in the 800 block of West Republic Road from residential to an office and two-family district. The city's Community Development staff recommends denial of the office proposal.

A staff report says the request doesn't conform with the proposed "low to medium density housing" in the Southwest Springfield Development Plan. The commission will decide whether to approve a preliminary plat for the Mission Hills Second Addition, 2300 block of East Galloway Street. The proposal was tabled at the last commission meeting, and city staff reviewed the applicants' request to eliminate a sidewalk along Galloway Street. The applicants Mission Hills Development Co. and David Fe-sperman said a planned widening of Galloway Street would wipe out any sidewalks built for the subdivision.

The city requires sidewalks in new subdivisions. proposal to be tabled. "The assistant fire chief feels that the university is closing off possible avenues of access for large fire trucks to the interior parts of campus," the staff report reads. "There is no possibility for fire vehicles to get to the sides of (Glass Hall)." The staff report recommends the issue be tabled until the fire department is satisfied its trucks can get to the interior of the campus. Patton says it's fine with him if the proposal is temporarily tabled.

"When we submitted the request, we indicated under no circumstances did we want to proceed if we would block any city support units," Patton said Wednesday. "The city is doing exactly as I asked them to." But Patton added that growing traffic entanglements on and near campus make the street closings necessary. The SMS proposal also calls for vacating an alley west of John Q. Hammons Parkway and south of By Ron Davis The News-Leader Closing a street near the Southwest Missouri State University campus would make it difficult for fire trucks to respond to calls near the new SMS business administration building, a Springfield community development staff report states. The report recommends tabling the proposal for vacating the 700 block of East Belmont Street and an SMS official says that's fine with him.

But SMS vice president for administrative services Jerry Patton maintains traffic problems near campus would be alleviated by the plan. The request comes up for discussion at tonight's Springfield Planning and Zoning Commission meeting. The proposal calls for vacating the one block of Belmont and portions of two city alleys near campus. But it's the Belmont portion of the application that may cause the '88 looks FROM PAGE 6B bid openings by the Missouri Department of Highways and Transportation on 1988 road work in the state. "That'll provide work for the summer." Hoovens said the approval of the four-cent gasoline tax increase this year may translate into more jobs for the construction workers he represents next year.

Among the local projects mentioned during the gas tax election, Hoovens, said, is continuing the effort to make U.S. 65 a four-lane road to Branson, widening Missouri 13 past Bolivar and widening U.S. 65 to Buffalo. Also, he said, if an election year trend holds up there could be a lot of highway jobs. "Four years ago, an election year, we had 2.5 million yards of dirt turned loose," he said, referring to contracts for highway grading work.

"That's a lot of work. That's when you get 20-25 people out on a road job moving large quantities of dirt and rock." The optimism of the union labor representatives is shared by George Innes of Springfield Ready Mix Co. who is president of the Springfield Contractors Association. Construction tapered to a moderate pace in mid-1987, Innes said, "but we believe we will continue into the spring and summer (of 1988) with a number of projects." "When you talk about building you talk about highway projects, airport projects, a number of public services," said Innes. "It's not only new construction, but maintenance 400-acre Taney County project called off solid for builders of existing streets and highways." He said the list of projects coming out for bids "are very impres-! sive things." Among them is the John Q.

Hammons Highland Springs Country Club and residential development, the performing arts center at Southwest Missouri State University, and other projects at SMS. "The sun seems to shine on Springfield and the Ozarks. So' many people seem to gravitate to: this area," Innes said. As he discussed prospects for next year, Tindell mentioned ex-, pansion planned at the Springfield! Regional Airport as well as the im-; provement of the city's storm drainage. "They're going to have to build the airport bigger," said who is also business manager for the Springfield area Sheet Metal Workers International "Whether you like it or not and whether you fly or not." As for the storm sewers, he said, "We're going to have to do some--thing about it." Tindell mentioned other possible construction shopping motels, school additions, buildings for industry, renovation of the new Red Cross facilities and an addition! to King's Way United Methodist Church.

"They don't need that big a building unless they've got someone to' put in it," he said of the church, expansion. And the projects "all; mean jobs." Concluded Tindell: "Next year is going to be a good year with any luck at all." The News-Leader For home delivery call 836-11 22 or 800-492-4803 hear Child Care Provided The land is being readied for future development, Cooper said, and Redford still wants to obtain grading permits for the site. Redford apparently hasn't dropped plans to build a 32-foot- FARM TO MARKET Fault, Cooper said. Building the dam on top of the fault probably wouldn't cause problems, of professor Sherman Henry said Wednesday. KANSAS CITY AP) Wheat 38 cars: 6V2 lower to 9 higher; No.

2 hard 3.09'j-3.!8Vi; No. 3 3.09; No. 2 red wheat 3.10iA-3.1BVin; No. 3 2.99'4-3.17'2n. Corn 63 cars: Unch to IV2 lower; No.2white 2.10-2.

30n; No. 3 1.75-2.25n; No. 2 yellow 1.86'4-1.93:l4n; No. 3 1.66'A-l.in. No.

2 milo 2.92-3.14n. No. 1 soybeans 5.77Vj-5.96Vin. Hoppers 84.00-86.00. CHICAGO (AP) Futures trading 0 Chicago Board of Trode Open High Low Settle Chg.

WHEAT 5,000 bu Dec Mar May Jul Sep Dec minimum; dollars per bushel 3.08'i 3.09'4 3.06 3.06 02V. 3.18'i 3.20 3.16 3.17 3. IB 3.19V. 3.16 3.18 3.04 3.07V. 3.04 3.06V.

t.OlVj 3.0'i 3.10 3.08"i 3.09 .02 3.14V! 3.17 3 1 4 V2 3.16 sales 8,802. open int 30,460, up 536. CORN 5,000 bu Dec Mar May Jul Sep Dec Mar minimum; dollars per bushel 1 89'2 1.89i. l.BSvi 1.86V: .01 1.95 1.95 1.92 1.92 2 00V. 2 OOVi 1.97 1.97 2 04 2.04 2.00 2.01 .02 2.0! 2.02 1.98 1.98'..

1.99'. 1.9914 1.95 1.95VI 03Vi 2.05V! 2 05Vi 2.01'i 2.01VI soles 20.846. open int 132.094, olf 2,476. SOYBEANS 5,000 bu minimum; dollars per bushel jan 6.13'A 6.14V! 5.95 6.01 Mar 6.22 6.23 4.03V1 6.0BV. May 6.28 6.2B 6.09 6.UV1 Jul 6.28 6.29Vi 6.11V! 6.17Vi Aug 6.25"i 6.25'Zi 6.O8V1 6.16 Sep 5.97Vi 5.97V, 5.86 5.B8V1 Nov 5.89'i 5.89'! 5.78 5.62 Jan 5.93V, 5.93i 5.8, sales 46.485.

5.88'i open int 126. 61B, up 2,394. A REMINDER Walnut Street; and vacating an alley between Kimbrough and Holland avenues south of Cherry Street. The staff report cited no concerns on the latter alley proposal, but did say the alley west of Hammons Parkway might cause difficulties for a homeowner along Walnut Street. The city's traffic department hasn't completed a study of how serious the problem might become.

Also at tonight's meeting: The commission will consider two proposals for development along West Republic Road. An application from John Calvin Presbytery asks that 15 acres be rezoned from residential to general retail use. The vacant tract of land, in the 2000-2100 blocks of West Republic Road, is directly south of the proposed James River Freeway. A spokesman for John Calvin Presbytery said Wednesday that the land has tentatively been sold. He declined to identify the buyer.

tall dam and 20-acre lake on the site, Cooper said. But Redford indicated he will consider some changes in that project because it is planned for an area on top or near the Table Rock 37.00-37.50. Sows steady to 25 lower; 1-2 300-360 lb 33.25; 360-400 lb 32.75; 400-450 lb 32.25; 450-500 lb 32.00; 1-3 500-650 lb 33.50. Sheep 25: Limited supply steady. Choice and prime 90-110 lb No.

1-2 pelts 66.00-68.00. OKLAHOMA CITY AP) Wednesday's quotations from the Oklahoma National Stockyards. CATTLE and CALVES: Estimate 150. Some day lost week 1.369. Total ouction offerings 225.

Limited test on cows steady. No trends test on other classes. Feeder steers: Medium frame 1, 450-525 lbs. 87.80-91.50; 635 lbs. 81.60.

Medium frame mixed 1-2, 385 lbs. Thin 97.00 635 lbs. 75.75; 765 lbs. 66.00. Mixed small and medium frame 1, 300-400 lbs.

95.00-103.50; 430 lbs. 83.50. Small frame 1, 395 lbs. 85.50; 525 lbs. 72.60; 650-750 lbs.

65.00-68.00. Large frame 2 holsteins 675 lbs. 65.40; 810 lbs. 60.50. Feeder heifers: Medium frame 1, 400-500 lbs.

83.25-84.25; 555 lbs. 74.60. Mixed medium and small frame 1, 300-400 lbs. 79.00-89.00. Large frame 2.

500-525 lbs. 66.70-67.80. Slaughter cows: Boning and breaking utili ty 1-3 few 47.50-51.00. Canner and low-dressing cutter 43.00-46.50. Bulls: 1, Vl60 lbs.

55.75; Pkg thin muscled humped brahman 1220 lbs. 47.10. HOGS: 575. Barrows and gilts: higher. U.S.

1-3 230-275 lbs. 41.30-41.65. U.S. 2-3 225-275 lbs. 40.60-41.00.

U.S. 3-4 280-300 lbs. 38.00-39.60. U.S. 4 325-335 lbs.

34.00-36.00. Sows: Firm. U.S. 1-3 300-500 lbs. 31.60-32.60.

U.S. 1-3 500-650 lbs. 32.60-33.90. Boars: Over 300 lbs. 27.05-27.10; 200-300 lbs.

27.05-27.60. Feeder pigs: 65 head. U.S. 1-3 40-45 lbs. 60.25-61.50.

U.S. 1-3 Pkg 60 lbs. 57.50. U.S. 1-3 135-185 lbs.

35.25-39.00. CHICAGO (API Futures troding on the Chicago Mercantile Exchange Open High Low Settle CATTLE 40,000 cents per lb. Dec 63.90 64.37 63 67 64.10 Feb 60.60 61.72 60.62 61.22 Apr 63.45 64.22 63.30 63.80 Jun 63.70 64.35 63.70 64.15 Aug 62.05 62.45 61.85 62.25 61.50 61.75 61.40 61.40 Dec 63.10 63.20 62.10 63.10 sales 23,684. open int 76,682, up 1,159. FEEDER CATTLE 44,000 cents per lb.

73.95 74.70 73.65 74.57 73.00 73.75 72.70 73.47 72.65 73.35 72.50 73.00 71.67 72.35 71.55 72.05 71.90 72.25 71.80 72.05 71.10 71.40 71.05 71.50 70.90 70.90 70.90 71.20 71.77 71.77 71.77 71.80 sales 2,861. open int 19,379, up 243. cents per lb. 43.55 44.10 43.45 43.90 42.45 43.20 42.40 42.72 36.55 39.20 38.50 36.87 41.60 41.90 41.52 41.65 42.40 42.60 42.35 42.57 41.15 41.45 41.05 41.05 38.25 38.55 38.25 38.32 39.20 39.20 39.00 39 00 soles 6,270. open int 26,186, up 169.

Jon Mar Apr May Aug Sep Oct Nov HOGS 30,000 Dec Feb Apr Jun Jul Aug Oct Dec GRAIN CHICAGO (AP) Futures prices for grain ond soybeons closed mostly lower Wednesday on the Chicago Board of Trade. "It was mostly a massive day of long liquidation and profit-taking," said Victor Lespin-asse, a trader with Dean Witter Reynolds Inc. "Soybean meal got clobbered with a lot of commercial selling." The December soybean meal contract lost more than $8 a ton. Soybeans also posted sharp declines of 18 cents a bushel, but trimmed the losses near the close of trading. Wed.

Mercury 00 per 76 lb llosk, New York. Platinum $503 001506.00 trov oi, N.Y. I contract) Platinum N.Y. Merc spol per troy oi. Wed.

Selected world gold prices Wednesday. London morning fixing S490.00 up S2.20. London afternoon (ixing $490.90, up 13.10. Paris ollernoon lixing $490.31, UP S2.I4. Frankfurt fixing is $489.66.

up $2 96. Zurich late afternoon bid $490.50, off 10.50 $491.00 asked. Handy Harmon is $490.90, up S3. 10. Englehard Is 1492.38, up S3.I0.

Englehord fabricated is 1517.00, up $3.26. NY Comex gold spol month Wed. 1488.10, off 12 30 Republic National Bank 1487.75, oft 12.25. .05 to A Free Community interest lecture "A Healing Response To Lawlessness" Saturday, December 5, 1987 2:00 P.M. At Ramada Inn Sponsored by First Church of Christ, Scientist FORSYTH A proposal for a 400-acre project on Fall Creek has been put on the shelf, a Taney County official said, but landowner Steve Redford will proceed with plans to build a dam near a minor fault line.

The fault line should create no problems for the dam, however, a School of the Ozarks professor said. Taney County Planning Administrator Ann Cooper said Redford, head of Impact Management of Branson, withdrew his application for a development permit for the project on Monday. Cooper said Redford did not give a reason for dropping plans for the development. Company public relations director Steven Martin said Redford had not talked to him about his decision. Redford was at a meeting at the Lake of the Ozarks on Wednesday and was not available for comment.

The latest Impact project would have involved a phased development for recreational vehicle parking areas and cabins on Fall Creek, a tributary of Lake Taneycomo. Pennzoil, Texaco find deal nearer Gannett News Service WHITE PLAINS, N.Y. The veil of secrecy covering negotiations to lower the stakes in the Texaco-Pennzoil lawsuit was lifted Wednesday as former Con Edison Chairman Charles F. Luce said an agreement isn't as distant as was previously thought. Luce testified in U.S.

Bankruptcy Court here that Texaco Inc. is willing to guarantee a $500 million base payment to Pennzoil Co. in exchange for a $3 billion cap on the Harrison, N.Y.-based oil company's total liability in the case. Pennzoil, meanwhile, is willing to accept a $4.5 billion ceiling in exchange for a guaranteed minimum payment of $1.5 billion from Texaco, he said. Luce, a special counsel for Metropolitan Life Texaco's largest unsecured creditor other than Pennzoil was testifying regarding a plan of reorganization that Texaco's general creditors committee is negotiating.

The general creditors had proposed that the stakes in the $10.3 billion Pennzoil judgment against Texaco be lowered through a guaranteed base payment to Pennzoil in exchange for a settlement ceiling substantially below the judgment amount. Such a plan would allow Texaco next spring to pursue its appeal of the Pennzoil judgment to the U.S. Supreme Court. 5 LIVESTOCK Feeder cottle and calf auction: receipts estimated 4.0O0; week ago year ago. 5.940.

Compared to last Wednesday demand moderate to good. Steers under 6O0 2.00-5.00 higher; over 600 fully steady. Hol-steins fully steody. Heifers under 500 2.0O-5.0O higher over 500 steady to firm. Good buyer attendance.

Supply moderate with 52 percent colored steers, 9 percent hol-steins, 39 percent heifers. 29 percent of the receipts were over 600 lbs. Steers, medium and large frame 1, few 300-360 102.00-108.50 360-400 88.00-98.00; 400-450 90.00-98.00; package 419 101 450-500 85.50-93.50; few exotic cross, 93.75-98.25; 500-550 80.00-89.25; 2 lots, 90.50-94.00; 550-600 78.00-83.20; 600-700 75.00-80.40 2 lots, 600 ond 618 81.70 ond 83.00; 700-800 72.00-78.00; few 800-850 68.00-71.75 63.85-67.75. Mixed small and medium frame 1, 375-500 81.50-93.00 500-600 76.75-80.75. Medium frame mixed 1-2, 500-600 68.00-77.00; few 600-700 70.00-75.00.

Holsteins, large frame 2, package 345 73.00; 500-600 64.50-70.00; 600-700 62.00-69.50; 18 head, 779 64.80 800-900 60.80-63.60 60.00-61.80 2 lots, near 1,010 lbs. overage, 56.35 ond 57.75. Heifers, medium and large frame 1, 350-400 79.50-86.00 400-500 77.00-84.75 500-600 70.00-76.50; 23 head, 507 exotics, 80.75 600-700 68.00-74.25; few 700-850 67.00-72.50. Medium frame mixed 1-2, including some fleshy, medium and small frame 1, 400-500 70.00-79.00 500-600 65.00-72.50 600-700 62.00-69.00. NATIONAL STOCKYARDS, III.

(AP) Hogs: 4,000 troding slow; barrows and gilts 210-250 lb lower; over 250 lb steady to .25 lower. 1-3 210-250 lb 41 250 head 41.50; 2-3 250-270 lb 40.25-41.25 3-4 270-300 lb 37.25-39.25. Sows: 300-600 lb steady to 1.00 lower; over 600 lb steady to 2.00 higher; 1-3 300-600 lb 32.00-33.00; over 600 lb 34.00-36.50. Boars: over 300 lb 34.00-34.50; under 300 lb 32.50-33.50. Cattle ond calves: 100 insufficient volume slaughter steers and heifers to fully establish a market; supply nearly all cows; trading active; cows steody.

Slaughter steers: choice 2-4 package lb 62.00. Slaughter heifers: choice 2-4, several 3-4 1,025 lb 60.00. Cows: breaking utility and commercial 2-4 40.00-43.00; cutter and boning utility 1-2 43.00-45.00; high-yielding cutter and boning utility 1-2 45.00-47.00; canner and low cutter 1-2 39.00-42.00; shelly Conner 1-2 35.00-39.00. KANSAS CITY (AP) Quotations for Wednesday: Cattle 900: Slaughter cows 2.00-3.00, instances 5.00 higher. Most feeder steers and feeder heifers to be held for Thursdays auction.

Slaughter cows, utility breaking 46.00-49.50; utility boning 47.00-51 .00, high dressing 52.50-55.50. Hogs 700: Barrows and gilts steody; 1-3210-260 lb 41.00-41.50 2-3 one lots 275 lb 39.00. Sows mostly 50 lower; 1-2 300-500 lb 32.50-33.00, few 33.25; 1-3 500-650 lb 33.00. ST. JOSEPH (API Quotations for Wednesday: Cottle: Feeders 3,000: Feeder steers and heifers steody to weak, instances 1.00-2.00 lower than week ogo.

Feeder steers, medium and large frame 1, 500-600 lb Bl.50-87.00; 600-700 lb 79.50-84.25 700-800 lb 74.75-78.10; 800-850 lb 75.00-76.10. Feeder heifers, medium ond large frame 1, 374 lb 83.00 537 lb 76.25; fleshy 600-850 lb 68.00-72.10. Hogs 2,000: Barrows ond gilts steady; 1-3 210-260 lb 41. 00-41. SO; 2-3 250-270 lb 40.00-41.00; 2-4 270-290 lb 38.00-39.25 290-300 lb METALS NEW YORK (API Spot nonlerrous melol prices Wednesday.

Aluminum 71.50 cents per pound, Ny Comex spot month closed Wed. Copper S1.24'i-$l.27 cents pound, U.S. destinations. Copper 117.75 cents per pound, NY Comex spot month Wed. Leod 47 cents a pound.

Zinc 45 cents pound, delivered. Tin $4,2881 IMelals Week composite price per lb. I Gold $490.90 per oi. Hondv Horman (only dally quote). Gold $488.10 per troy 01., NY Comex spol month closed Silver S6.980 or.

Handy ft Harmon. Silver $4,968 per trov NY Comex spol month closed ik qwjst has br, I II finding our $2,000 gift fj fTM 1 I hidden in a grill. I 1 i 1 1 rtl I ll was seen at Wilsons Creek III Here is what a certificate of deposit would earn over three months, six months, one year and two years at institutions in Greene and Christian counties. The rates are quotes from Wednesday and updated for Sunday upon institutions' request. Rates are expressed in percentages.

Contact individual institutions for mlnimums and other details. kY delaih onieh rrn tsprNGFIELD 1 I The News-Leader For home delivery call 836-1 1 22 or I -800-492-4803 IDS Financial Serv. 7.20 7.40 7.75 8.05 Edward D. Jones Co. 7.15 7 25 7.50 8 00 Landmark Bank 6.25 6.75 7.25 7.50 Mercantile 6.00 6.50 7.00 7.25 Merrill Lynch 7.25 7.25 7.50 8.00 Metropolitan 6.35 6.75 7.25 7.50 MONY Financial Serv.

7.40 7.60 8 20 Newhard Cook 7.25 7.40 7.70 8.20 Ozark Bank 6.35 6.75 7.00 7 30 Private Ledger Fin. 7.15 7.25 7.70 7.80 Roosevelt Federal 6.25 6 90 7 40 7.50 Rowland ft Co. 7.25 7.25 7.55 8.00 Savings of America 6.10 7.25 7.50 7.60 Security State 6.25 6.75 7.00 7.25 Shearson Lehman Bros. 7.15 7.35 7 85 8 15 State Bank 6.00 7.05 7.25 7.50 The Stephens Co. 7.25 7.70 8 80 StHel Nlcolaut ftCo.

7.15 7.25 7.50 8.00 Systematic 6.25 7.20 7.50 7.75 United SL 6 35 7.25 7.50 7 75 INSTITUTION 3 MO. 6 MO. 1 YR. 2 YR. Bank of Ash Grove 6 25 6.50 7.00 The Boatmen's Nil.

6.25 6.75 7.00 7.25 Centerre 6.00 6.50 6.75 7.00 Commerce Bank 6 00 6.75 7.00 7.50 A G. Edwards ft Sons 715 7.25 7.50 8 00 Empire Bank 6 25 6.75 7.00 7.25 Farm ft Home 6 25 7.25 7.50 7.75 First City Ntl. 6.25 6.80 7.00 7.35 First Ntl. Republic 6 25 6.75 7.00 First SAL 6 25 6.75 7 00 7.30 Great Southern 6.25 6 85 7 25 7.50 Greene Cnty Bank 6 50 7.00 7.00 7.00 Guaranty Federal 6 25 7 25 7 50 7 60.