Tuesday Sept. 8, 1998 DAILY 50 Cents Ironwood, Mich. SL Vincent DaPaul'* float on volunteerism was awarded third place in the Ontonaqon Labor Day Festival parade. Ontonagon Labor Day fest marked by super U.P. weather ONTONAGON — A weekend of delightful weather brought out the crowds at the 41st annual Labor Day Festival celebration. Temperatures were in the high 70s for the parade on Sunday. Leading the parade behind the massed colors was parade marshal Kurt Giesau. Giesau is retiring as festival chairman after 41 years of working on the annual event. The large float of Stone Container won the Jerome Hoefferle Memorial Trophy for the best commercial entry in the parade. The Stone float emphasized the many segments of the community which work together with the industry. The firm's work with the school districts and Ontonagon Baraga Industries was highlighted as was the "Clean Corporate Citizen Award" received by the firm from the State of Michigan. Dennis Forslund, of Bessemer, landed the top fish in the weekend Black River Harbor Fishing Derby. Dixie Byms, Ontonagon, left, and Barbara Byrnes, Bessemer, were members of the crew. U.S.2 ~~ Auto Body CenteV THE COLLISION SPECIALISTS • Major and Minor repair •Free Loaner •QuarantcedWork EartU.S. 2 Ironwood, Ml 906-932-5337 O wner: Jay Holm r •——'-•rr'fi^Kwuiiuamannii Missing man found WATERSMEET — A missing Watersrneet man was located Monday morning after going for a walk Saturday about 10 p.m. Thomas A. Warax, 71, was reported missing to the Lac Vieux Desert Tribal Police about 9:35 a.m. Sunday. He had left his home the previous night to take a walk. He was found about 8:40 a.m. Monday about IVj miles east of Old U.S. 2, just east of Watersmeet.' (See — MAN, page 7) Participants wore special Clean Corporate Citizen T-shirts. Th« top open division float was "The Next Generation of Wood Haulers." The children in their own specially made wood hauling machinery highlighted the float. Second place was awarded to the Bear Creek Club for its depiction of one of the historical teen clubs in Ontonagon. Paul Bunyan's was a place where teens of the 1940s, 50s and part of the 60s could dance, play games and enjoy companionship. On the float was the original owner of Paul Bunyan's, Geri Miller, the original booths from Paul Bunyan's and even the original cigar box which was the cash register .for the place. (See — LABOR, page 7) Forslund tops derby BLACK RIVER HARBOR — Dennis Forslund, of Bessemer, landed the top lake trout in the Labor Day weekend Black River Harbor Fishing Derby, a 35.9- incher. Forslund and his Sisu crew landed the 22-pound laker in about 100 feet of Lake Superior water Saturday afternoon, using a Finn spoon. He also caught the third place salmon, a 26.1-incher. The 18th annual derby marked a return of king salmon in the catches. Bart Domin, of Ironwood, caught the longest chinook salmon, a 35.4-incher. He also caught 31.6-inch and 25.8-inch salmon, trolling 10 to 20 feet off bottom. "We fish according to temperature, ideally at 55 to 60 degrees," Domin said of his salmon techniques. Tom Carli, of Montreal, Wis., was second in the lake trout division, with a 34.6-incher, weighing 18 pounds. Third went to Jim Johnson, Ironwood, a 32.7-inch, 16-pounder. Dan McManman, of Ironwood, caught the top steelhead, a 25.1- inch, seven-pounder. He edged Richard Saari, of Ironwood, who had a 25-incher. (See — TOP, page 7) Martin O'hAthtirna'Duly Glob* Market on a roar! NEW YORK (AP) — Stocks roared higher this morning, with the Dow industrials at one point surging more than 300 points, as U.S. traders joined a global buying binge triggered by a change of heart at the Federal Reserve. The Dow Jones industrial average was up as much as 307.16, or by 4 percent, before giving up some of its gains. It still was up 275.23 at 7,915.48 by late morning. The rebound brought the Dow above where it ended last year, 7,908.25, and interrupted a steep selloff that included a swoon of 893 points, or 10.5 percent, in the previous two weeks. Broader-market indicators also soared in heavy trading this morning. Trading also was heavy last week, when a record 4.690 billion shares changed hands on the New York-Stock Exchange. By the close of trading Friday, before the market's three-day Labor Day weekend, the Dow was down 18.3 percent from its July 17 record close of 9,337.97. Friday evening, market psychology got a lift from AJan Greenspan, the chairman of the Federal Reserve, who said central bankers now are just as likely to cut interest rates as raise them. The Fed had been perceived as more concerned about inflation and was feared to be poised to push interest rates higher, something traders thought could add to the problems caused by economic crises in Asia and Russia. With the financial pain now threatening Latin America and Canada, Greenspan said the Fed is growing more concerned about the global financial crisis' impact on the U.S. economy. The remarks sent stocks soaring Monday on world financial exchanges. Today, was the first chance U.S. markets had to respond. Fire burns three machines at Bessemer plywood plant BESSEMER — An equipment fire at Bessemer Plywood Plant at Bessemer Plywood kept Bessemer firemen busy for about 1V<2 hours this morning. The Bessemer Volunteer Fire Department was called to the plant about 4:45 and a truck arrived on the scene only minutes later. It was described as a "good-sized fire," according to the Gbgebic County dispatch. No injuries were reported. Three log-loading machines burned, according to Dick Thomason, 1 president, who added business was proceeding as normal, thanks to help from Corullo Forest Products, which is renting the plywood company a log-loading machine to go with the company's extra machines. Fire chief August "Butch" Senv merling said the fire was still under investigation but he thought it was an electrical fire that started in one machine and then it was a domino effect onto the others.-"They were burned so bad it was hard to pinpoint," Semmerling added. Thorn ason praised BVFD and the Gogebic County Sheriffs Department for their fast response. He credited BVFD with saving several other machines. "They really were here for us," Thomason said. Happy 61st Mark McGwire gets a high-five from his 10-year-old son, Matthew, after Monday tying Roqer Mans' home-run record of 61 set in 1961. His parents, John and Ginger McGwire are in the background. It was John McGwire's 61 st birthday. (Sete stories, page 9; opinion, page 6.) ac ties Maris By PAUL NEWBERRY AP Sports Writer ST. LOUIS (AP) — As Mark McGwire circled the bases, following a path taken by only one player before him, Gary Gaetti was transfixed at third base. Earlier in the season, the two were teammates with the St. Louis Cardinals, so Gaetti was hardly surprised when the power lurking within Big Mac's gargantuan biceps showed itself for the 61st time this season. Still, the enormity of watching McGwire pull even with Roger Maris' home run record managed to overwhelm even those who've witnessed this astonishing spectacle from the inner circle of history. "It's like the last out in the seventh game of the World Series. It's almost like it's unreal, even though it's happening right before your eyes," said Gaetti, who was playing third base for the Chicago Cubs on Monday when McG- wire gave new meaning to the M&M Boys. "It's a really strange feeling." McGwire needed only 144 games to surpass Babe Ruth's 60 homers in 1927 and equal Maris 1 mark from 1961. Both of McGwire's predecessors in Power Inc. waited until their final games — Ruth played when the schedule was 154 games, Mnris under the current 162-gamc era — to hit their landmark homers. With 19 games to go, nu one is questioning whether McG- wire will break the record. The only concern is when it's to happen. Today Broncos down PatS Page 10 Weather Sunny More weather, Page 2 Inside Comics 12 Community 4,5 Obituaries 7 Opinion 6 Sport* 9-11 Tidbits 2 Wednesday 62?
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