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Lansing State Journal from Lansing, Michigan • Page 1

Location:
Lansing, Michigan
Issue Date:
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1
Extracted Article Text (OCR)

106 92 Georgetown 50 98 87 Princeton 49 Saturday March 18, 1989 A Gannett Newspaper Copyright 1989 Lansing State Journal, Lansing, Michigan -k 35 cents State HBtt Two relatives found for millionaire who died like a pauper Yeager, a 69-year-old retired schoolteach By KEVIN O'HANLON Lansing State Journal Morning News board of directors and grandson of the paper's founder. "I kid-dingly told my wife that I wished I was the sole surviving heir." Drummond, 77, died Jan. 28 at Sparrow Hospital, three weeks after he was found unconscious in his He had had a stroke. It was thought that Drummond was a pauper. Paul Rosenbaum, the lawyer assigned by the state to handle Drummond's estate, soon discovered Drummond had more than $250,000 stashed in nine banks from Denver to Boston.

Drummond had written in a personal journal that his mother's sister married a man named Thomas W. Dealey, who later became the first secretary-treasurer of the Dallas Morning News. His brother, George B. Dealey, founded the paper. Yeager's mother was one of seven children born to Howard Drummond's aunt and Thomas W.

Dealey. The only other known survivor of that branch of the Dealey family is Eldredge. Just how much of Drummond's estate might go to Yeager and Eldredge has yet to be determined. More than 500 people claiming blood ties on the Drummond side of the family have called Rosenbaum or the Ingham County Probate Court. The size of Drummond's estate also is not known.

In Drummond's room, Rosen--baum found a key to a private rental locker. It does not fit any lockers in Lansing; Rosenbaum says he thinks Drummond owned extensive stocks and bonds and had them stashed somewhere. er living in Mineral wells, Texas. "Wouldn't you be?" William Eldredge, a 75-year old bookkeeper in Houston who is Yeager's cousin, has put in his claim as well. Yeager and Eldredge sold their stockin the Dallas Morning News decades ago.

Dealey descendants still associated with the newspaper apparently are not interested in Drummond's estate. "I'm so distant a relation anyway," said Joe Dealey a member of the Dallas Howard Drummond, who died living in a $49-a-week room at the Lansing YMCA with $250,000 in the bank, was related to the millionaire newspaper family that founded the Dallas Morning News. Now two family members who once had ties to the newspaper have come forward to say they are interested Drummond's estate. "Oh yes I am," said Margarie Beetham Inflation'': P-W bows Classy Class 56-48 semds Dow in onto a spim) Associated Press NEW YORK A government report on inflation belted the stock and bond markets Friday, with the Dow Jones industrial average plunging nearly 50 points on fears of spiraling prices, crushingly high interest rates and a possible recession. The Dow Jones average of 30 industrial stocks fell 48.57 Doints to 2.292.14.

-'J iwp I'M cfrh Ml sX The Treasury's benchmark 30-year bond was down more than $17 for every $1,000 in face value in late trading, pushing the yield to nearly 9.3 percent. The shock came from a Labor Department report that wholesale prices rose 1.0 percent in February, equaling January's surprising rise and projecting an annual wholesale inflation rate of 12.6 percent Inflation erodes the value of bonds and Droduces By ANDY FLANAGAN Lansing State Journal ANN ARBOR Pewamo-Westphalia's boys' basketball team left Crisler Arena on Friday with heads held high despite a Class state tournament-ending 56-48 loss to Ishpeming. The Pirates finished the season at 22-3, advancing further than any boys squad in the school's history. The Central Michigan Athletic Conference champions won their first-ever regional title last week and followed with a quarterfinal win Wednesday against Wyoming Godwin Heights. "They've had a tremendous season," said former Pewamo resident Linda Kramer shortly after she and nearly 2,000 other P-W fans saluted the Pirates with a standing ovation at the end of the game.

hard to see them lose." The Pirates fans had been primed for another-victory. They-filled an entire corner of Crisler, decked out in the school's blue-and-gold, and never stopped cheering the entire game. "I was going nuts the whole first half," said Bill Hengesbach of Westphalia. "But as it slipped away, it didn't bother me at all." Hengesbach and his Westphalia buddies, Daric Feldpausch and Joe Bengel, said they were just thrilled the team was able to advance as far as it did. "It's like a Cinderella story," said Feldpausch, who compared P-W's season to the movie "Hoosiers." "Who picked us to be here?" Bengel said.

"I'm disappointed to see them high interest rates that sap money from the stock market. -Wholesale price inflation so far this year is more than triple the 4.0 percent rate of 1988. Economists said if the Federal Reserve boosts interest rates too high in its effort to cool off the economy and dampen inflation, it could accidentally cut short the record 6-year-old economic expansion. "This does increase considerably the chances for a recession," said Lawrence Meyer, the president of a St. Louis-based economic consulting firm.

"It's kind of the worst nightmare for the Fed; Inflation Is picking up just as the economy is beginning to slow down." The financial market turmoil would have been worse if investors concluded that wholesale inflation was going to hit double digits this year. But most economists agreed the two-month trend is at least partly a fluke. Most worrisome to economists was that inflation seemed to be rising at a time the economy was slowing, as reflected in declines in factory use and housing Pewamo-Westphalia fan Shirley Bohr wanted a win, but the Pirates dropped from the Class field with a 56-48 loss to Ishpeming (Game story. 1C). get beat, but it was a great season.

This was the icing on the cake." "They did great," said junior cheerleader Carrie Jordan. The success Of the boys' basketball team is another chapter in an outstanding sports season at P-W. The football team qualified for the playoffs, and the girls' basketball team advanced to the quarterfinals. "It's been a blast," Bengel said. starts and flat industrial production.

Lansing State JournalROD SANFORD Early-game excitement brought P-W mascot Gary Heckman to his feet. slides ley ram ysh gets boot into Michigan Dog's pregnancy keeps him from bed Market drops 48 points. 5B Raped teen denied Medicaid abortion Associated Press DETROIT A Wayne County circuit judge upheld Michigan's ban on Medicaid-f unded abortions Friday, ruling that a 15-year-old pregnant after a gang rape isn't entitled to state money for the operation. An appeal will be filed Monday with the state Court of Appeals, said Elizabeth Gleicher, a lawyer for the American Civil Liberties Union, which brought the lawsuit on the teen's behalf. The ACLU also Monday will ask the state Supreme Court to immediately hear the case, bypassing the appellate court, Gleicher said.

The lawsuit is the first challenge of the state's Medicaid-f unded abortion ban, which took effect Dec. 12 after voters approved it in the Nov. 8 general election. In his 26-page ruling, Circuit Judge John Hausner said there was no constitutional provision entitling the teen to a state-paid abortion. "Obviously we're unhappy and displeased with the judge's decision," Gleicher said.

"But we always knew from the very start that this case would have to be decided in the state Supreme Court" Lawyers for the state 'and anti-abortion groifps were pleased with the ruling and predicted higher See ABORTION. Page 2A' Associated Press WASHINGTON Millie, the first dog, finally gave birth Friday night, bearing four puppies at the White House beauty parlor, said Anna Perez, spokeswoman for first lady Barbara Bush. President Bush, knowing of his wife's concern for the animals; had a bed moved into the beauty parlor for the first lady, Perez He slept in another room. Earlier Friday, Bush revealed" that Millie's pregnancy had caused a few changes in the White House. The dog had been spending her nights in the Bush bedroom.

Bush said he'd been spending tbe nights by. himself- "The dog refuses to go to the doghouse is the problem," he said. Bush said he had been banished By COLLEEN GEHOSKI Lansing State Journal Freezing rain blanketed the area Friday evening. -causing a car-train accident in Clinton County and numerous minor accidents in the Lansing area. West of Lansing, lighting destroyed two WJXQ-FM radio transmitters and knocked the station off the air for about five hours Friday evening.

North of Gratiot County, forecasters were calling i for 6 to 12 inches of snow. "It's a mixed bag, a typical late winter storm," said Tasos Kallas, National Weather Service meteorologist, at Capital City Airport. "With combinations of warm and cold like that, anything's possible." The rest of the weekend will be another selection from the same bag: Cold and windy. Friday's inclement conditions were thought to have played a part in the car-train collision in Clinton Coun- ty. Deputies think ice built up on a Fowler man's car windows prevented him from seeing a train while-crossing tracks at Grange Road, north of M-2I, in Dallas Township.

See WEATHER. Page 2A by his wife from sleeping in their usual bed in the White House. He said, instead, he would sleep in the historic Lincoln Bedroom. He told reporters that, when he called the first lady, "Barbara told me 'Tonight, you're in the Lincoln bed alone.M said She said, 'well, Millie had a very bad night last night thrashing around. And you would be He said the dog refused to use a specially made pen.

never thought we'd go through something like this again after six kids and 11 grandchildren." Bush said it was complicated by the attachment that exists between the first lady and the first dog. "She can't move without the dog being 10 feet way from her." But, he added, "it's exciting." Associated Press Barbara Bush pets Millie. filled Cabinet Bush INSIDE Cheney finally aboard BusinessStocks 5B-8B Classified 5C-12C CrosswordComics 7D Deaths NEWSMAKER Associated Press WASHINGTON Dick Cheney was swiftly sworn in as defense secretary Friday after sailing without dissent through Senate confirmation. LocalState 1B-4B Lottery 2B 4A.5A Opinion Religion. bports Cheney, winning Senate Words of praise were left to Wyoming's two Republican senators.

"I trust Dick Cheney, I trust how he behaves in life, I trust his intelligence, I trust his integrity," said Sen. Malcolm Wallop of Wyoming. Alluding to the furor involving allegations of excessive drinking by Tower, Wallop and Wyoming Sen. Alan Simpson said they have sipped beer with Cheney. "I even had a suds or two with him," Simpson said.

But Sen. Trent Lott, said Cheney was a "man of great moderation with the suds." Cheney was sworn into office by. David Cooke, director of administration and management in the office of the defense secretary. Present were Cheney's wife, Lynne, and their two daughters, Elizabeth and Mary. COMING UP Television Today 1D-6D Former Sen.

John Tower of Texas, President Bush's first nominee for secretary of defense, was rejected March 9 by the Senate, 53-47. "I am proud to have the opportunity to serve the president of the United States and the nation as secretary of defense," Cheney said, "I regret that I must step down after repre-; senting the state of Wyoming for 10 years." Sen. Arlen Specter, said the Senate rushed to judgment on Cheney after the dispite over Tower. "I think we're correct but I do think this timetable ought not set a precedent." confirmation 92-0 and resigning as lone 'representative, became the nation's 17th Pentagon hipf Hp tnnlf tho rtath nf nf. "The Wizard of Oz" is back onTV Sunday during its 50th year.

Take a took back at one great year in movies 1 939 Sunday in Today. OUTSIDE Cloudy and cool today with a high around 30. Details, Page 2A. fice at an informal ceremo- Cheney ny that completed the formation of Bush's Cabinet..

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