Estherville Daily News from Estherville, Iowa on January 15, 1973 · Page 5
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January 15, 1973

Estherville Daily News from Estherville, Iowa · Page 5

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Estherville, Iowa
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Monday, January 15, 1973
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The World at a Glance Elvis Presley HONOLULU (AP) - Elvis Presley, moving from strenuous rock 'n' roll hits to tender ballads and back again, was beamed into millions of homes during a concert telecast via satellite to 36 countries around the world. From "Hound Dog" and "Blue Suede Shoes" to "All My Troubles, Lord," the 38-year-old singing star staged an hour- long show Sunday. There were squeals of delight from the perennial cluster of teen-aged girls, most not even born when he launched his career. Between songs, Elvis kept up a steady exchange of trinkets with the girls who stretched up to encircle the star's head with flower leis. Elvis, in response, would wipe his sweating brow with a handy supply of chiffon scarves and toss them into the crowd. The bartering climaxed at the end when he took off the cape of his bejeweled jumpsuit and tossed it into the audience, creating a pile of feminity in the scramble to acquire the ultimate souvenir of the night. Plan Visit LONDON (AP) - Queen Elizabeth II and Prince Philip reportedly will visit the parents of Mark Phillips, the cavalry officer romantically linked with Princess Anne. The Sun newspaper reported today that the royal couple probably will call at the Phillips' 16th century country home at Great Somerford in southwest England when they visit the Royal Air Force base at nearby Lyneham on June 15. The Sun also reported rumors that the Queen had asked her 22-year-old daughter to wait a few months before announcing her engagement to the 24-year- old Phillips. tt is traditional for members of the royal family to go through periods of separation to test the strength of their feelings. Phillips last week left for a.two-year tour of duty Jn West Germany with his regiment, the Queen's Dragoon guards. Watergate WASHINGTON (AP) - The Watergate political espionage trial entered its second week today with some of the remaining defendants reportedly under heavy pressure to drop out. With one guilty plea already In and four more considered a definite possibility, a dwindling number of defendants would dim the prospect of the full story ever being told about the break-in at Democratic party' headquarters last summer. Game Great KEY BBCAYNE, Fla. (AP) — President Nixon says the Super Bowl was great, even though his favorite team lost. "That was a fine game," Nixon was quoted as saying Sunday after Miami won the world professional football championship with a 14-7 victory over the Washington Redskins. "The people of Washington and the people of Miami can both be proud of their teams," Nixon said. "They played well." The chief executive watched the game on televison with his close friend and neighbor, C. G. "Bebe" Bebozo, a Key Biscayne banker. Aides said Nixon was expected to telephone the coaches of both teams today. Justice WASHINGTON (AP) - A national advisory commission on criminal justice has recommended a maximum prison term of 25 years for all crimes except murder and a maximum of five years for those committed by persons who are termed not a danger to others. These and other major recommendations made public Sunday by the National Advisory Commission on Criminal Justice Standards and Goals have no formal support from the Nixon administration, nor do they form the basis for any legislative program. Ralph Nader WASHINGTON (AP) Ralph Nader's forces have joined the National Press Club in an effort to help news reporters gain access to information withheld by the government. A Press Information Center is being organized by the press club and Nader's Center for Study of Responsive Law, an announcement said Sunday. The announcement said a reporter needs "more information than the government chooses to release, and he must challenge the government's withholding of information." The press center, it said, "is attempting, on behalf of the press community, to make available the tools necessary to challenge the withholding of information." Names to head the Press Information Center was Ronald Plesser, an attorney who spe- cpalizes in matters involving the Freedom of Information Act. Plesser has been associated with the Nader group. Gets Lesson MONTPELIER, Vt. (AP) — Vermont's education commissioner went before the Education Committee of the State House of Representatives to discuss school programs and got a quick spelling lesson as a bonus. As Commissioner Robert Withey displayed a large chart Thursday, a committee member spoke up: "You left out one of the 'i's' in acquisition." Withey flipped the page over quickly and started on another chart. Illllllllllllllllllllllllllilitlillllllllllllllllllllllll ^ ESTHERVILLE DAILY NEWS, MON., JAN. 15, 1973 Page 5 Nixon Cutback In Viet Bombing For Negotiations FR/VIMKLIIM AILY NEWS An independent newspaper published "Monday through Friday," except principal holidays, excluding February 22 and Veterans Day. Second class postage paid at Estherville, Iowa. Published by the Estherville Daily News, Division of Mid- America Publishing Corp., 10 N. 7th St., Estherville, Iowa 51334. Subscription rates: City of Estherville, Armstrong, Ringsted, Terril andGraettinger, delivered by carrier, 60 cents per week; $7.80 for 3 months, $15.60 for 6 months, $29.70 year. By mail in Emmet and bordering counties: $15.60 year, Zones 1-8, $19.50 year. Fred E. Williams, Publisher; Charles Ostheimer, Managing Editor; Richard Myers, Advertising Director; Gladys Streiff, Business Manager; Donald Stoffel, Production Manager. Member of Associated Press, Iowa Daily Press Association, Iowa Press Association. Photos submitted to this newspaper will not be returned by mail. However, they may be picked up at the Daily News Office. Illllllllllllllllllllllllllllllllllllllllllllllllllllllll SAIGON (AP) - President Nixon has ordered a further curtailment of the bombing of North Vietnam as a sign of good will during the current peace negotiations, U.S. sources reported today. The sources would not say, however, whether Nixon had ordered a full bombing halt over all of North Vietnam, a reduction in the number of raids or a limitation in the areas that may be attacked. Nor would they say if the new orders had gone into effect yet. The sources said an announcement about this was expected soon from Washington. The U.S. Command said it had no comment on the report but referred newsmen to its daily communique. The communique reported that 10 B52 missions, or 30 strikes, were flown in the southern panhandle of North Vietnam below the 19th parallel during the 24-hour period ending at 8 a.m. Monday. This was the lowest number of B52 missions in North Vietnam since the aerial blitz against Hanoi and Haiphong was launched Dec. 18. And, since the blitz was suspended Dec. 30, the northern limit of the U.S. air attack had been the 20th parallel of latitude, 60 miles north of the 19th parallel. The U.S. Command also said its fighter-bombers flew 100 strikes against North Vietnam from 8 a.m. Sunday to 8 a.m. Monday. It said they destroyed 12 railroad and highway bridges between Thanh Hoa, just below the 20th parallel, and Dong Hoi, 45 miles above the demilitarized zone. The command also reported that a Navy F4 was hit by antiaircraft fire over North Vietnam Sunday afternoon. It said the two crewmen parachuted and were rescued about 25 miles southeast of Thanh Hoa. President Nixon first halted bombing above the 20th parallel last Oct. 23, when rt appeared that the United States and North Vietnam were near a cease-fire agreement. When the INSURANCE PROTECTION for you Your FEMIC and Farmland Life agent offers a full range of insurance for you, your family, your business. I think it will pay you to get the facts. I think you want the most for your premium dollar, and because I'm your neighbor I can assure you of fast, accurate claims service. For the insurance you can rely on, look to FEMIC and Farmland Life. Call me today! FARMLAND LIFE fcoop INSURANCE CO V " UUK A Member ot the family of 'fjrmlMd Industries, lie MUTUAL INSURANCE CO. DENNIS HARRINGTON Box 261, Armstrong, Iowa 50514 Phone 712-864-3352 BEST DEAL IN THE COUNTRY negotiations broke off, Nixon resumed the bombing Dec. 18 with the biggest air blitz of the war. He halted the bombing above the 20th parallel again Dec. 30, saying Hanoi had signaled its intention to negotiate seriously. The further curtailment was reported after another round of negotiations in Paris last week between Henry A. Kissinger and Le Due Tho. Nixon sent Gen. Alexander M. Haig Jr., Kissinger's former deputy, to Saigon to discuss the negotiations with President Nguyen Van Thieu, and official South Vietnamese sources said he was bringing the revised draft of a peace agreement. Haig was due in Saigon Tuesday morning. Thieu met meanwhile with members of his National Security Council to prepare for the American emissary's visit. U.S. sources acknowledged today that American planes bombed an area southwest of Hanoi early this month after the bombing halt above the 20th parallel but said it was part of an unsuccessful attempt tores- cue a downed flier. The North Vietnamese Foreign Ministry charged at the time that U.S. planes bombed "many populated areas" in Hoa Binh Province, where the flier was downed. The U.S. Command denied then that it had resumed bombing operations north of the 20th parallel but refused to discuss reconnaissance or rescue operations. In South Vietnam, meanwhile, the U.S. Command reported more heavy B52 raids 35 miles northwest of Saigon where a substantial buildup of North Vietnamese troops and supplies has been reported. U.S. officials said nearly 50 of the big bombers dropped more than 1,200 tons of explosives along the Saigon River infiltration corridor. The strikes' preceded a division-sized South Vietnamese operation which the Saigon command announced. There was no report of any major contact. PUBLIC NOTICE PUBLIC NOTICE Consolidated Report of Condition of "Iowa Trust & Savings Bank" of Estherville in the State of Iowa and Domestic Subsidiaries at the close of business on December 31, 1972. ASSETS Cash and due from banks U.S. Treasury securities Obligations of other U.S. Government agencies and corporations Obligations of States and political subdivisions Federal funds sold and securities purchased under agreements to resell Other loans Bank premises, furniture and fixtures, and other assets representing bank premises Other assets TOTAL ASSETS LIABILITIES Demand deposits of individuals, partnerships, and corporations Time and savings deposits of individuals, partnerships, and corporations Deposits of United States Government Deposits of States and political subdivisions Certified and officers' checks, etc. TOTAL DEPOSITS $17,447,711.09 (a) Total demand deposits $ 6,719,625.77 (b) Total time and savings deposits $10,728,085.32 Other liabilities TOTAL LIABILITIES 17,768,355.81 RESERVES ON LOANS AND SECURITIES Reserve for bad debt losses on loans (set up pursuant to Internal Revenue Service rulings) TOTAL RESERVES ON LOANS AND SECURITIES CAPITAL ACCOUNTS Equity capital, total Common stock-total par value (No. shares authorized 3,000) Surplus Undivided profits TOTAL CAPITAL ACCOUNTS TOTAL LIABILITIES, RESERVES, AND CAPITAL ACCOUNTS MEMORANDA Average of total deposits for the 15 calendar days ending with call date Average of total loans for the 15 calendar days ending with call date Unearned discount on instalment loans included in total capital accounts We George H. Shadle, President, and Verlyn Vedder, Cashier, of the above-named bank do solemnly swear that this report of condition is true and correct, to the best of our knowledge and belief. George H. Shadle President Verlyn Vedder Cashier Correct— Attest: George H. Shadle Leo E. Fitzgibbons J. M. Greig S. Greig V. Sunde Directors. State of Iowa, County of Emmet, ss: Sworn to and subscribed before me this 11th day of January, 1973, and I hereby certify that I am not an officer or director of this bank. My commission expires Sept. 30, 1977. Dorothy Hamilton, Notary Public. (Jan. 15, 1973) 1,679,161.99 1,954,795.69 764,843.97 2,416,283.12 1,500,000.00 10,451,689.08 259,621.26 216,423.28 19,242,*18.39 5,936,768.80 10,067,758.99 216,771.96 1,121,049.38 105,361.96 320,644.72 186,595.82 186,595.82 1,287,866.7^ 300,000.0(1 400,000.0(1 587,866.7(5 1,287,866.70 19,242,818.39 17,304,482.26 10,385,742.86 145,593.88 H. D. Box of 24 10 IN. FRY PAN Heavy gauge aluminum with no- stick Teflon 11 interiors. Baked acrylic exterior in choice of new kitchen colors. CHOCOLATES'*!? Choose milk chocolate covered peanuts, raisins, peanut clusters,.malted milk balls and bridge mix, and solid milk chocolate stars. DOORBUSTER SPECIALS! USTERINE Mouthwash 20-Oz. Size ONLY PREU r> SHAMPOOS 89* 11Vi-Oi. Liquid or 5-Ot. Concenlrale. COVER GIRL Eye Make-Up CHOtCE:T»^WT W W EACH Superlasn Of Natural Lash Mascara, and Liquid Eye Liner. Vaseline' Intensive Care Lotion 15-01. Size 89* BENtFRANKLIN' Locally Owned X Nationally Known Estherville, Iowa

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