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The Edwardsville Intelligencer from Edwardsville, Illinois • Page 2

Location:
Edwardsville, Illinois
Issue Date:
Page:
2
Extracted Article Text (OCR)

Most Major Commodity Futures Dip Chicago CAP) Most of the major commodity futures declined again on the nation's principal exchanges last week. -Observers of the trend thought the declines were linked with the nation's economic woes, the growing recession, lack of export business in farm products, and generally bearish outlook for some areas of business. Soybeans again led the downturn in grain futures falling cents and bringing the two-week decline total to $1.30 a bushel. Soybean oil fell nearly 3 cents a pound, while meal was down $11 a ton. Corn futures fell 18 cents, wheat 14 cents and oats 5 cents.

Iced broilers were little changed and mixed in light trade for the week. Silver futures again came under strong selling pressure in New York and Chicago, falling nearly 30 cents an ounce on both exchanges. The pressure was not inspired by gold prices, which moved higher during the week. Rather, it appeared to be of a profit taking nature as well as by speculative shorts. Copper, cocoa and Maine potato futures also declined, while cotton closed the week steady to $1 a bale higher, and orange juice was little changed while world sugar gained about 2 cents a pound after the week's trade.

The soybean complex was under most active selling on the Chicago Board of Trade. Export business slowed as foreign buyers turned their backs on high prices, and prices of soybean and oil cased at the European eash level. There vras talk of a buildup of domestic stocks because of the export lag. Live hog futures gained at week's end when marketings eased and expectations grew of greater pork consumption after the holiday. Cattle gains expanded with hogs and also in the belief consumers will buy more meat after the holiday.

Pork bellies rose on an improved cash market, but shell eggs fell to their lowest in five months. When trade ended for the week on the CBOT, soybeans futures were to 44Va cents a bushel lower, January 7.37; Chicago wheat was 2 to 14 cents lower, December 4.72 Gulf wheat did not trade; corn was I1V4 to 18 lower, December 3 48 and oats weie to 5 lower, December 1.68%. Soybean oil was 1.60 to 2 47 lower, December 3850; soybean meal was 9.50 to 1100 lower, December 142.50; and iced broilers were 1 50 lower to 2.30 higher, November 43.90. EDWARDSVILLE INTELLIGENCER Saturday, November 23, W4 Perspective on the News Many Reasons for Political Turnaround Some Republicans think Gov. Jessie Scott New Ham By Richard H.

Icen Linday-Schaub News Service Springfield Withdrawal slips on the bank balance Gov. Daniel Walker believes to be necessary for the state's financial prospects to remain sound were being filled out with shakier pens by legislators by the time they left for home Friday. In some cases they were feeing torn up. The House rejected firmly motions to increase university spending by nerly $20 million to provide higher pay for employes. The Senate turned down a motion to restore a $100 a month pay raise to state policemen instead of the $50 provided by Walker.

This was seen as a bad sign for a similar bill approved earlier in the week for state employes by the House. 'I consider it a bad omen," Larry Reinhold of the American Federation of State, County, and Municipal Employes said. "The governor has put on the clamps." There was little doubt of this but most legislators and lobbyists felt there were other reasons for the turnaround from Wednesday, when about anything with a dollar sign on at Age 94 Morris Udall Seeks Presidency tficrir, A rvj Mrs. Jessie A. Scott, 94, 317 Jefferson Edwardsville died at 10:30 a.m.

Triday in St. Joseph's Hospital, Highland. She was born Feb. 9, 1880 in Edwardsville, daughter of the late Edwards and Sarah Jason. She was married to Daniel R.

Scott. He preceded her in death on May 16,1916. Mrs. Scott is survived by a son, Walter J. Scott, Edwardsville, six daughters, Miss Verna E.

Scott, Edwardsville; Mrs. Mabel Wright, Detroit, Mrs. Blanche Bradley, Mrs. Marie Stewart, Mrs. Bernice Vaughn and Mrs.

Myrtle Bailey, all of Ed wards ville, a grandchild, nine great-grandchildren and four great-great- grandchildren, a sister Mrs. Blanche Lewis, Edwardsville. Five brothers' and seven sisters preceded her in death. She was a member of Mount Joy Baptist Church. Friends may call at the Fletcher Funeral Home after 7 p.m.

Tuesday. The funeral services will be held at 1 m. Wednesday at Mount Joy Baptist Church, with the Rev. J.K. Shelby officiating.

Burial will be' in Woodlawn Cemetery. Bedford, N. H. (AP) Rep. Morris K.

Udall, D- announced today that he would enter the 1976 New Hampshire presidential primary. Udall, 52, is the first Democratic presidential possibility to officially announce his candidacy. President Ford has said he would seek the Republican nomination in 1976. The New Hampshire primary, the earliest in the nation, will be held during the month of March. "If the political thermometer registers as well in other states as it has here, I'll be initiating grass root organizations," the liberal congressman said at a news conference here.

Udall has been in the House since 1961. He has been known for bis environmental concerns and last year was the chief sponsor of an unsuccessful na- Monday at Edwards Funeral Home. The Rev. Jack Amen, pastor of St. Paul Lutheran Church, Troy will officiate'at funeral services.

Burial will be in Friedens Cemetery, Troy. tional land-use a i bill. Other potential Democratic candidates, who recently have visited New Hanpshire to test their presidential ambitions, include Sens. Henry M. Jackson of Washington and Lloyd W.

Bentsen of Texas, former Sen. Fred Harris of Oklahoma, Gov. Jimmy Carter of Georgia and Boston Mayor Kevion White. Sens. Edward M.

Kennedy of Massachusetts and Walter F. Mondale of Minnesota have said they will not seek the nomination. Funding for Adult Education Received Nicolich King COURSE SET DEC. 5-4 John Bates, Canadian educator, author and mathematician, will conduct at two-session short course Dec. 5 and: 6 at the Belleville Area Teachers' Center sponsored by Southern Illinois University at Edwardsville.

The course for teachers and principals will be held each day from 3:30 to 5:30 p.m. at the Center's new location at 5800 West Main St. in Belleville. There is no charge and prior registration is not required. IF YOU DO NOT RECEIVE YOUR PAPER BY 5:30 P.M PLEASE CALL NO LATER THAN 6:00 456-4700 General Manager A.

KNOX Editor JOHN PALES Published Dailv Except Sunday at 117-111) North Second Street Edwardsvllle. nimois 62025 by Edwardsxjlle Intelligencer, Inc. Second Class Postasc Paid at Eduardsville, Illinois SUBSCRIPTION RATES Edwardsville and Madison County By earner paable weekly 7O Madison County learly By Mail 2 By only when earner service not available Unty Funeral services for Joka Nicolich, 82, will be at 10 a.m. Tuesday at Edwards Funeral Home, Troy. Mr Nicolich died at 2:30 m.

last Monday at Chastain's Nursing Home, Highland. He was a retired Edwardsville area farmer. Mr. Nicolich was bom May 20, 1892. His wife, Effie, died in 3948.

Friends may call after 7 p.m. Mrs. Josie L. King, 88, a resident of the Anna-Henry Nursing Home for Many years, died this morning at the home. Funeral arrangements are pending at Lesley Marks Funeral Home.

The Madison-Bond counties Office of Manpower Development has received Title II federal funding totaling $50,000 for the establishment of an adult education program. Manpower officials currently estimate the number of adults without high school diplomas at about 100,000 in Madison County and 4,800 in Bor.d County, each representing about 40 per cent of the county populations. General Educational Development (GED) programs designed to provide high school equivalency training currently represent only about 300 persons. Earl Morris, a co-ordinator of the program, said classes are expected to start around January Man power will retrain the teachers hired for the program, Morris said. He said that because the program is hiring teachers with secondary education certificates, their background will prepared them to deal with adult students.

Correction Mark Sedlacek was named to the high honor roll at Edwardsville High School recently. His name was misspelled in the honor roll list in the Intelligencer Friday. it was approved, to Friday a day in which many legislators began sounding precisely like Walker pleas for spending restraints. House Republicans were grumbling privately about the spending prowess of their colleagues in the Senate and there were signs a number of fund restorations in the Senate be chopped off across the rotunda. On two occasions' the House rejected motions to raise by minor amounts state contributions to pensions of the universities in the Board of Governors and Board of Regents systems.

This was taken as a sign that the House would reject millions of dollars of pension restorations provided by the Senate when these bills are ready to be voted on. Some Republicans still want to go on the offensive against Walker again and spend enough money to diminish the surplus in the general revenue fund sufficiently to make tax relief more difficult for him as he moves toward a bid for the presidency or re-election as governor in 1976. This- notion was put forward by Rep. Cal Skinner of Crystal Lake during a private conversation. Other Republicans believe Walker cares less about tax relief than having an issue he can club them over the head with.

Much of the basis for the fights now going on among Republicans for leadership posts in the House and Senate revolve around the basic question of whether the strategy of forcing Walker to live up to campaign promises by providing him with unsolicited money has played right into his hands. "They were going to give all that pay and pension money to the teachers and other public employes and these people were going to be so grateful they were 11 going to go out and work the precincts for Republicans," one lobbyist said. "At least that's what they thought. You know who most of those teachers went out and worked for liberal Democrats." On the Democrat side in the House, there were divisions of opinion about the impact of Walker's appearance at party on Thursday. Some say Walker's influence was minimal and that they were going to kill the efforts to give the universities additional money anyway.

House Minority Leader Clyde L. Choate of Anna reflected Walker's positions on issues throughout much of the week but other Democrats didn't follow olong on all occasions. Mat. Sun. 1-3-5-7-9 They Gave Their All For The Team! Open Hers PLUS "THE ROOMMATES" A True Tale Of The Devil) The Legend of BEL AIR BLOOD CASTLE HEATERS PLUS (R) A 'BLOOD MANIA' Open 6:00 BONUS (R) FOLKS AT RED WOLF INN toc theatres 1 boccine 40O Central- miners 202 W.

Main- Collinsville Exclusive Area Showing TONIGHT AT 6:30 and 9:30 TheTrial D'll 0f Billy Jac NOW AT BOTH THEATRES! Sat. Sun. Matinee at 2:00 P.M. No passes please DELORES TAYLOR TOM LAUGHLIN HIRSCH'S OPEN SUNDAYS master charge THE INVEROANK CARD Use our convenient parking lot at rear of our store for easy access tr Main Street. FREE PARKING! or any Interbank Charge SUNDAY MONDAY TUESDAY NOVEMBER 24 NOVEMBER 25 NOVEMBER 26 metro east's distinctive theatres i BRING THIS COUPON II i PRE-THANKSGIVING SALE.

A ANY ITEM IN OUR STORE NOW THRU NOV. 27 OFF with coupon Convenient credit available CHRISTMAS LAY-AWAY HURRY! JL 315 N. Wain Street Edwardsville Polyester Pile colors and styles 26" 45" SCATTER RUGS VALUES TO $5.00 2 S5.00 NINON SHEER PANELS 80" wide pair 63' or gold accent color I chine washable or 81" long Polyester Our Reg. $4.00 or $4.50 $188 SPECIAL BUY DRAPES length Assorted colors VALUES TO $8.00 P.N.HIRSCHCO. MA.N STREET EDWARDSV.LUE, On Wednesday, they went along with the move to boost the salary increases of state employes by on Thursday they turned against the university spending bills with a vengeance.

There were no major splits among House Democrats on any of the roll calls and no indication of a major breakthrough in the race for speaker. On one occasion Choate and 24 other Democrats, mostly from Downstate, voted "present" on a motion by Rep. Arthur Berman, R-Chicago to restore $2 million to the Board of Governors to allow Northeastern Illinois University to continue to operate two residential schools for troubled children in Chicago. Walker wanted this veto sus- tained but the Chicago Democrats got some Republican votes and prevailed no-0. Though Choate labored for Walker, there were no signs the "unacceptable" sign wag ready to be withdrawn from Choate's neck by the administration.

Funeral Home MRS. JESSIE A. SCOTT in state after 7 p.m. Tuesday Services 1.00 p.m. Wednesday at Mount Joy Baptist Church Rev.

J. K. Shelby officiating Burial in Woodlawn Cemetery. a PL ITT THiATRE DOWNTOWN tOWAHDbVlLUfi CHILDREN'S MATINEE SUNDAY AT 1:00 Open 12:30 Over at 2:45 ArMMMWtffeMt AH Seats Sl.M PLITT THEATRE DO ANTOWN tOWARObVHiE The most magnificent picture ever! NOW SHOWING THRU THURSDAY One performance Week Nites and Saturday at 7:30 Sunday shown at 3:15 7:30 DAVID QSEIZNICKS GONE WITH THE WIND" Winwrl eCTaif CIARKGABIE IVMEN LEIGH LESLIE HOWARD OllWAdeHAYILLAND COLLINSVILLE'S CINEMAS! NOW SHOWING SEE IT TODAY! EXCLUSIVE toETRO-EAST SHOWING: WELCOME TO SCENIC ATOKA COUNTY i Shown Week Days at 5:15 7:20 and 9:25 Saturday and Sunday at 1:15 3:15 5:15 7:20 and 9:30 Late showing Friday and Saturday at 11:25 NOW HELD OVER 6th GREAT WEEK: "SOMETHING HIT the craw ii help us, please, please help us! An all NEW inspired by the novel, "AIRPORT' by Arthur Hailey. AIR PORT 1975 A UNIVERSAL PICTURE Shown Week Days at 5:15 7:25 and 9:30 Saturday and Sunday at 1:15 5:15 7:25 and 9:30 Late showing Friday and Saturday at 11:15 NOW HELD OVER 2nd LAUGH WEEK: Laugh until it hurts.

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About The Edwardsville Intelligencer Archive

Pages Available:
172,747
Years Available:
1869-1977