Garden City Telegram from Garden City, Kansas on November 25, 1977 · Page 3
Get access to this page with a Free Trial

Garden City Telegram from Garden City, Kansas · Page 3

Garden City, Kansas
Issue Date:
Friday, November 25, 1977
Page 3
Start Free Trial

The Markets Garden City Tdcprain Friday. November 25. 1977 l'u(j<- 'A Wheat $2.38 up 2 Milo $3.15unchg. Corn $2.05 unchg. (Prices at 12:30 p.m. today rt Garden City Co-op.) 1 p.m. Stocks ' (The following price quotations are furnished to the Telegram by Heinold (Securities, 276-3244). Allied Supplies 2'.* American Cyanamid 26^ American Motors V* American Brands — 43'/ii Anaconda 51% AT&T 60 Beech Aircraft 28 r ti Bethlehem Steel 2P 4 Boeing 28^H Chrysler 13% Cities Service 51^ Colorado Interstate 21 V t Dillons 31<in DuPont H9Mz Eastman Kodak 53 El Paso NG 17% Ford 44'/j General Electric 51 1 * General Motors 65% Halliburton 64% IBM 267% International Harvester 29% International Paper 43% KNB 26'/i Mar Cor 22% National Distributor 22% Northern Natural 40% PanEPL 46% Penney JC 37 Phillips Petroleum 31?j Proctor Gamble 85% RCA 28% Santa Fe Industries 37^j Sears 31'/ 4 Sperry Rand 35% Standard Oil Indiana 47 Standard Oil New Jersey 47'/< Texaco 27% United State Steel 30% Westlnghouse Electric 19% Woolworth 20 DOW JONES AVERAGE Dow Jones average of 30 industrials al 1 p.m. was down 1.30 al 841.56. LIVE BEEF FUTURES Dec. Feb. Apr. June High 42.67 40.25 39.90 41.72 Low 42.45 39.95 39.62 41.42 Close 42.65 40.25 39.85 41.65 (Prices provided by Heinold Commodities.) KANSAS CITY LIVESTOCK KANSAS CITY, Mo. (AP) — Quotations for Friday: Cattle 100: Note enough on offer to test prices. Earlier in the week: Slaughter steers-high good to mostly choice 2-3 9851200 lb 40.00-41.00; good 38.0039.50; slaughter heifers-high good and mostly choice 2-4 835975 lb 39.00-40.25; good 36.0038.50; slaughter cows-high culler, ulilily and some commercial 21.00-24.00; high dressing 24.50-25.50. Hogs 1,000: barrows and gilts 50-75 higher; instances 1.00 70 225-235 lb 42.25-42.50; 13 200-240 lb 42.00-42.25; 240-255 lb 41.50-42.00; 2-3 2550-270 lb 41.00-42.00; 270-280 lb 40.0041.00; 280-285 lb 39.50-40.00; sows 25-50 lower; 1-3 350-500 lb 33.75-34.00; 500-650 lb 35.00; Sheep none. Estimales for Monday: cattle 600; hogs 2,500; sheep 100. Thanksgiving Reunions, Traffic, Indigestion Stock Market A Mixed One NEW YORK (AP) — The slock market was mixed today in a fairly quiet post-Thanksgiving session. The Dow Jones average of 30 industrials, up 7.54 in Ihe Ihree sessions before Ihe holiday Thursday, pulled back 1.82 to 841.48 by noontime today. Bui gainers held a 3-2 advantage over losers among New York Stock Exchange- listed issues. The Big Board's composite index of all ils lisled common slocks slipped .03 to 53.16. On the American Stock Exchange, the market value index climbed .86 lo 122.70. Volume on Ihe NYSE slowed lo 8.07 million shares by noontime from 12.18 million at the same poinl on Wednesday. By The Associated Press Afler savoring the mixed blessings of home-cooked turkey, family reunions, holiday traffic and indigestion, Ihe nalion awoke loday to a monlhlong shopping season, with stores full of gifls, and elbowing crowds full of Chrislmas cheer and grim determination. Looking back al hislory, a group of Indians said Thanksgiving was a day for mourning, not gratefulness. And on Thursday black comedian Dick Gregory ended Thanksgiving in jail afler protesting South African racial policies outside the White House and the South African embassy. Meanwhile, farmers upset about prices readied a parade on President Carter's homelown, Plains, Ga. Bui Carler himself spenl a peaceful day al Ihe presidential relreat al Camp David, Md., eating cornbread-stuffed turkey, giblel gravy, candied sweet potaloes, green beans, waldorf salad, rolls and buller, cranberries and pumpkin pie wilh whipped cream. Vice Presidenl Walter F. Mondale, slaying in Washinglon, said he let his wife sleep while he fixed his family's lurkey himself, giving his Navy slewards Ihe day off. In his Thanksgiving proclamalion, Carler recalled the first such national message in 1777, and said Americans "can look to the future wilh hope and confidence" because "we have lamfed a conlinenl, established institutions dedicated lo prelecting our liberties, and secured a place of leadership among nations. Bui we have never losl sighl of Ihe principles upon which our nalion was founded." Fanciful Thanksgiving parades by arch-rival department stores were held in New York, by Macy's, and in Philadelphia, by Gimbels. Meanwhile, in Plymouth, Mass., some 20 Indians held a vigil. Russell Peters, president of the Mashpee Wampanoag Indian Tribal Council, whih is feuding with Mashpee, Mass., over land rights, said: "For Indians, Thanksgiving is now a day of fasting and mourning." With his wife Lillian and Massachusells slale Sen. William Owens, Gregory was arresled and accused of demonstrating wilhin 500 feel of the South African embassy. The three refused release withoul bail and said they would wail in jail until arraignment loday. Oulside Plains, Ga., thousands of farmers on Iraclors and escorted by crop-dusting airplanes prepared a rally today to voice their demand that Congress set a floor price on agricultural products to ensure that they will gel back production cosls and a small profit Otherwise, farmers say they will go on slrike starling Dec. 14. For many Americans, Thanksgiving also meanl Ihe hazards of Iravel. By early loday, more lhan 140 people had died on Ihe highways. A twin-engine private airplane crashed in Beckley, W. Va., killing six people from an Illinois family who were apparently on their way to a Thanksgiving gathering. And 800 Amtrak passengers were delayed up lo seven hours belween Sealtle and Los Angeles because a freight train had derailed near Dunsmuir, Calif., and the passengers had lo be bused around the site. Ban on Liquid Protein Sought WASHINGTON (AP) — Sen. Charles Percy, R-I11., wants the Food • and Drug Administralion lo prohibil Ihe sale of liquid protein, but the agency says it may face lengthy legal problems if il Two-Car Crash Injures Three Two Garden Cily men were lisled in satisfactory condition Friday at St. Catherine Hospital. They were injured in a two-car head-on collision. James Peitz, 22, 2315 N. 8th, and Fred Martinez III, 31, 514 Inge, drivers of Ihe cars, were admilled lo Ihe hospilal afler Ihe accidenl al 2:30 a.m. Thursday. A passenger in the Martinez car, Theron Jordan, 29,1212 Cheslnul, was treated and released. The Kansas Highway Palrol said Ihe soulhbound Peilz car was slalled in Ihe northbound lane of Ihe US83 spur easl of Garden Cily. II was slruck Ihere by Ihe norlhbound Martinez car. Both vehicles were extensively damaged, Ihe palrol said. Iries lo do so. A spokesman for Percy said the senalor's slaff has been told by the FDA thai Ihe agency plans lo propose a regulation on Monday declaring the diet aids unsafe and ordering them off the market The FDA has nol confirmed such plans. Bul an agency spokseman said the FDA has not ruled oul a ban on Ihe producl somelime in Ihe fulure. The legal bailie would revolve around the question of whether liquid protein, the fasl diel food substitule which officials say may be linked lo at least 10 dealhs, is actually a food, a drug, or food additive. If it is a food, as claimed by some of ils supporters, the Food and Drug Adminislralion would have lillle aulhorily over il excepl lo assure il is accuralely labeled and free of contamination. If it would be found a food additive or a drug, the agency would be allowed to require manufaclurers lo prove lhal Ihe producl is safe and effective in treating the medical deaths Ray L. Vannaman Funeral services for Ray L. Vannaman, 71, will be al 4 p.m. Salurday al Ihe Firsl Christian Church, The Rev. Alvin Daetwiler officialing. Mr. Vannaman died Thursday of an apparenl hearl allack. He was born Dec. 4,1905, in Barber Counly. He married Evilo C. Warren Jan. 12,1927, in Dodge Cily and moved to Garden Cily from Kalvesta in 1941. Mr. Vannaman relired from his job as a well operator for Northern Natural Gas Co. in 1969. He was a member of Firsl Chrislian Church, Rebekah Lodge No. 550, Encampment No. 83, Canton Covert No. 4, IOOF No. 245 and the Buffalo Dunes Golf Club. Survivors include Ihe widow; Iwo sons, LeRoy, 1237 Jones, and Warren, Niceville, Fla.; Ihree daughters, Mrs. Lollie Sperry, 306 Davis, Mrs. Wanda Riedl, Lakin, and Mrs. JoAnn Jones, Dodge Cily; Iwo brothers, Glee, Ashland, and Gene, Hutchinson; three sislers, Mrs. Stella Wallace and Mrs. Fern Marsh, both of Ray Vannaman Kiowa and Mrs. Ruth Colborn, Medicine Lodge; 17 grandchildren; 11 great- grandchildren. He was preceded in death by a daughter, Maxine R. Knighl, on July 29. Friends may call al Garnand Funeral Home on Friday and unlil 2 p.m. Salurday. A memorial has been established with the First Chrislian Church or Ihe Heart Fund. Burial will be in Valley View Cemetery. problem for which il is intended. Recently the FDA ordered that liquid prolein — sold over the counter under many different brand names — include a warning label thai ils use mighl be dangerous. Thai requiremenls is expecled to go into effecl within Iwo monlhs, agency officials said. Bul Percy, Ihe ranking Republican on Ihe Senale Select Commillee on Nulrition and Human Needs, said Thursday the warning is not enough and lhal Ihe producl should be banned. The FDA said liquid protein may be linked lo al leasl 10 dealhs, although Ihe agency said Ihe official cause for Ihose deaths remains heart irregularities. Scientisls who have analyzed Ihe dark syrupy liquids say Ihey conlain low- qualily, parlially digested protein derived from cattle hides and tendons. Artificial flavor and saccharin are added lo disguise the otherwise horrid tasle. Plane Wreckage Moved to Wichita WICHITA, Kan. (AP) - Na- lional Transjjorlalion Safety Board investigators conlinued Iheir probe today into wreckage of an aircraft which crashed last week in Alabama, killing seven persons. One of Ihe invesligalors, Frank Rolh, said Ihe new Iwin-engine Cessna lurboprop aircraft apparenlly broke up in flighl. "II has lo be wilh Ihe pieces spread over 2V 2 miles," he said. The Nov. 15 crash nine miles norlhwesl of Greensboro, Ala., led lo Ihe grounding of all 15 Cessna Conquesls manufactured so far. The Federal Aviation Administralion also ordered Cessna lo slop furlher deliveries of Ihe plane. The wreckage was moved lo a Cessna hangar in Wichila to be closer to company records and personnel involved in designing the new plane, Rolh said. The crashed plane was Ihe sixlh of Ihe $850,000 Conquest series manufactured. Rolh said inilial informalion pointed lo a structural breakup. The investigalors have not yel delermined what parl of Ihe plane failed first, he said. On the light Side GALT, Mo. (AP) — When an airplane runs oul of gas in flighl Ihe pilol is usually happy jusl lo get down in one piece. The unidentified pilol of a single-engine Cessna passing over Gall on Thursday was more choosy. He pul Ihe crafl down on Missouri 6, rolled down a hill to a self-service pump in fronl of a liquor slore, filled up and took off again. "He decided he had to have some gas, I guess," said Alan Childress, an employee of a nearby service slalion who wilnessed Ihe landing. II was nol clear whelher Ihe plane was oul of fuel or jusl running low, bul Childress said it almost hil a car when il landed on Ihe highway. SEATTLE (AP) — A slice here, a slash Ihere and Rich Erickson can have a 25-pound Thanksgiving lurkey en- lirely boned and reduced lo piles of dark and while meal in 2% minules. Erickson, who works for Ihe Turkey House reslauranl, had 55 of Ihe birds lined up for an expecled Thanksgiving crowd of 1,000. "I once worked cleaning fish, so I've been ralher handy al wielding a knife," he said Thursday. Restaurant manager Mike Harrison says Erickson's nol the fastesl bird slicer he has employed, however. "We had one man who worked for us for seven years and he once did a bird in 57 seconds," said Ihe manager. Does Erickson like lurkey? "Not as much as I used to, and I'm certainly not having it for Thanksgiving," he said. "I'm having a big, New York cut steak." BUFFALO, N.Y. (AP) — As if having $5,000 in jewelry stolen wasn'l enough lo ruin a suburban Amhersl couple's Thanksgiving, Ihe couple discovered when Ihey walked into their kitchen that thieves had also made off wilh Iheir lurkey. Mr. and Mrs. George Privateer were gone 45 minutes Thursday night, and police said that's all the lime it took for burglars to pry open a door and steal a "good haul" of jewelry and the 7-pound lurkey. NATCHEZ, Miss. (AP) — The urge to be philanthropic can come at odd moments. It came for J. Balfour Miller, 85, while he was rearranging his stock portfolio in Ihe wee hours of a sleepless nighl. As a resull of his noclurnal bookkeeping last week, Miller discovered 1,600 shares of a stock he didn't know he had. The nexl day Miller sold il and donaled $50,000 of Ihe profits to the Trinity Day School in Nalchez. "Finding lhal slock was jusl one of Ihe many blessings I've en joyed since I was sick," Miller said. "I lold myself, 'You're going lo give lhal money away and you're going lo give il away immedialely.'" Miller, who was hospilalized earlier Ihis year with bleeding ulcers, said he Ihoughl he knew his holdings by heart unlil he came upon the unfamiliar shares. Dangling Canton, Ohio truck driver Roger Landis dangled In his truck for more than an hour over the edge of an 80- foot-high bridge on Interstate 77 in Bath, Ohio, north of Akron. The Wamego Building Damaged by Fire WAMEGO, Kan. (AP) — A fire heavily damaged Wamego's municipal storage building before il was broughl under conlrol early today, but firemen and others who responded to the alarm were able to retrieve several vehicles before they burned. Fire Chief Mike Coon asked the slate fire marshal's office to help investigate the blaze. Coon said it apparently started in Ihe norlheasl corner in whal formerly was an office area. By Ihe lime firemen arrived wilh their equipment shortly afler 9 p.m. Thursday, Ihe flames had spread Ihrough Ihe covering of Ihe steel truss roof. The tar in the roofing burned for several hours. The concrete block building is about 45 years old and jusl wesl of Wamego Cily Park near Ihe business district. truck plunged over the bridge after Landis was cut off by a car that pulled In front of him. Rescue crews reached Landis with a ladder truck, and he was taken to a local hospital, where he was treated and released for a broken leg. (AP Photo). 34 Feared Dead In French Crash BEZIERS, France (AP) — A French military plane carrying 30 French sailors and four crewmen plunged inlo a wooded hillside in soulhern France early loday, ap- parenlly killing all aboard, police said. Firemen who groped Ihrough heavy fog to reach the area said they had found only broken bodies and no survivors. Residents of a village about 25 miles norlhwesl of Beziers said they heard the plane flying low and thai fire lighted the sky afler an explosion. Car-Train Crash Hurts Ulysses Boy ULYSSES — Sieve Gleason, 15, Ulysses, was lisled in satisfactory condition Friday al Bob Wilson Memorial Hospital with a broken leg suffered in a car-lrain accident Thursday. Ulysses police said Ihe car driven by Gleason received exlensive damage when struck by a freight Irain al a railroad crossing in Ulysses. Gleason lold police he didn'l hear Ihe Irain coming and was slruck as he drove in front of it Police said Ihere are no warning signals al Ihe crossing on Missouri Street A stop sign was removed from the crossing six to eight months ago, police said. Willis Duerksen, Bob Wilson administralor, said Ihere was a possibility Gleason would be transferred to St. Catherine Hospital, Garden Cily, on Friday. Christmas Art Gallery Opens The Chrislmas art gallery was opened by Ihe Sandhills Art Associalion loday in Ihe former Jack and Jill store at 10th and Jones. The gallery, where Ihe arlwork of Sandhills Associalion members will be sold, will be open 1 p.m.-7 p.m. Monday through Saturday. It will remain open until Dec. 23. Retirement, SS Systems ut of Whack WASHINGTON (AP) — James B. Cardwell says somelhing is oul of whack wilh Ihe federal relirement and Social Securily systems. He is in a position to know. Cardwell, at age 55, is retiring as commissioner of Social Security after a 35-year government career in which he rose through the ranks from a clerk earning $1,440 a year to his current $50,000-a-year post. When he leaves in mid-December, he will begin drawing a government pension of about $24,000 and — for the first time in his life — will begin paying taxes into the Social Security system. Cardwell is taking a top financial job at the Corporation for Public Broadcasting, a pri- vate entily, lhat will pay $53,-000 annually. He frankly admits lhal he wishes his new job was nol covered by Social Security because he does not expecl lo work Ihe 8V4 years he would need lo qualify for Social Securily benefils. "If I could look at it very selfishly, I would like to err on the side of nol participating in Social Security after having gone this long withoul parlicipaling," he explained in an in- lerview. "Bul lhat would be very selfish and I'm willing to pay my share, even if it never accrues to me." Cardwell also wants to avoid becoming a member of a group he has criticized in the past: double-dippers who draw both a federal pension and Social Security benefits. Although Civil Service pensions are designed to be self sufficient, about 44 per cenl of all relired federal workers draw benefils from bolh syslems. Some federal employees gain Social Securily coverage for work Ihey did before or afler Iheir government service. Others moonlighl, including a large number of the lower-paid clerical workers, Cardwell said. But Ihe double-dipping conlroversy is nol over civil servanls who work for long periods in jobs covered by Social Security. Rather, it is over those who work for short periods and qualify for a minimum benefit. That Cardwell admits, can be a windfall. Social Security pays a minimum monthly benefit of $114 to workers who retire at 65, regardless of how much they earned or con- tributed. This benefit is weighted to help a person who was presumed to be a lifetime low-wage earner. Cardwell says the system was built around averages and lacks any method to weed out people who were simply under Social Security for a short time from those who were "truly low wage earners who deserve the minimum." The bill to. refinance the Social Security system that is now in a House-Senate conference committee would make changes to eliminate some of the windfalls. The Senate version would limit how much the federal pensioner could draw from Social Security as a dependent. i.

What members have found on this page

Get access to

  • The largest online newspaper archive
  • 11,100+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free