The Chillicothe Constitution-Tribune from Chillicothe, Missouri • Page 8

PAGE 8--CHILLICOTHE, MO. 64601 Americans cheerfully buying I Jjmm Wh1 House i af By FRANK CORMIER dent Gerald R. Ford's now and paying later By LOUISE COOK Associated Press Writer Americans aresinking deeper in debt as inflation and the availability of credit make it more attractive than ever to "buy now and pay later The Federal Reserve System 'said that outstanding consumer debt not counting mortgages rose to almost $288 billion at tlie end of May, an increase of IK percent from the total a year f.ulier During Maj. the amount of credit outstanding grew by more $3.7 billion on a seasonally adjusted basis. Consumers borrowed a record $28 billion and paid off a record $24.3 billion in oustanding debt.

Somccreditorssay delinquency rates are rising, but they note that the rates are still below the peaks of the 1975 recession. Timothy J. Connor of Inter- bank, which oversees Master Charge, said that cardholders had S10 6 billion in oustanding balances al the end of 1978, -1 percent of the money was 30 days or more past due. A year earlier, there was $7.5 billion outstanding and the delinquency rate was 3.3 percent. "It's been fairly constant," said Connor.

He said the record was delinquency rate was 5.5 percent at the end of the first quarter of 1975 Cynthia Chaddick of Visa said that at the end of 1978 the delinquency rate was about 3.7 percent, one percentage point higher than it was a year earlier "This is not a new high for 'The Associated Press Fourteen persons died in ucckeml traffic accidents Missouri, including an elderly Palmyra couple and three Union ville whose truck plunged into a farm pond. Charles William Gosney, 80, and his 82-year-old wife, Grace, both of Palmyra, were killed in a two-vehicle accident Sunday nioi ning Their car was struck Irom behind as it turned onto Marion County Route six miles northwest of Monroe The bodies of three Unionville youths were recovered Sunday morning from a (arm pond where their pickup truck came to rest in an accident authorities believe occurred early Saturday The bodies of Dewey Harold Cowan, 22, and Gary L. Stottlemyre. 22, were found inside the truck, the body of Robert Wesley 18, was discovered outside in the water. Troopers said the pickup ended up the pond after going off U.S.

136 southwest-of Lancaster Railroads sue over truck weight limits JEFFERSON CITY, Mo i A A spokesman for Gov Joseph Teasdale today said the governor had no immediate comment on a suit by a dozen Missouri railroads challenging his decision to temporarily raise the weight limits for trucks traveling on major state highways. Notification the suit would be tiled in the Missouri Supreme Court was received by the court Thursday, according to a couit spokesman. The suit, which formally will be filed July 10 by the railroads and several labor groups, calls Teasdale's action unconstitutional and asks the judges to force state officials to restore the former 'state maximum truck weight of 73,280 pounds Teasdale's press secretary, Dale Amick, said the governor would not comment on the action until he had a chance to study the suit in detail. At the urging of President Carter. Teasdale recently raised the maximum weight limit for trucks to 80,000 pounds pendent truckers.

His order was issued for 30 days, but can be renewed. Carter made the same request to several other governors whose states do not allow the 80,000 pound trucks on their roads Teasdale acted under a new law giving him emergency fuel allocation powers, claiming the bigger trucks can haul more and thus save gasoline and diesel fuel. Missouri was one of several Midwestern states that did not allow trucks. President Carter recently urged those states to relax their limits in an effort to answer one of the complaints of striking truckers. The suit claims the emergency powers law doesn't give the governor authority to relax Missouri's weight limit.

The railroad industry said Teasdale's action gave the trucking industry an unfair competitive advantage. The railroads were joined in their suit by representatives of the United Transportation Union, the Brotherhood of Maintenance Way Employees and the Brotherhood of Locomotive En- an effort to answer one of the complaints of striking inde- gineers. Eleven major breeds to be shown at state fair More than 2,000 participants will be involved in this year's beef show at the Missouri State, Fair, said Jim Reed, beef show superintendent. Exhibitors of 11 major breeds will compete for $44,000 in premiums at one of the country's top beef shows. A a year's absence, Maine Anjpu breeders will again exhibit at the fair.

"The Missouri State Fair, boasts more breeds of cattle than any other state fair, making it one of the best shows in the country," said Reed. A highlight of the beef show again this year is the World Steer Show, where some of the nation's top steers will be showing in the highest paying steer show in the Midwest. The Grand Champion Steer will receive $1,500 with $1.000 going to the Reserve Champion. "The World Steer Show is always popular because it is one of the most professional shows of its type," noted Reed. The major breeds in competition this year include: Limousin.

Maine Anjou. Polled Hereford, Santa Gertrudis, a a i Simmental, Horned Herefords, Angus, Brangus and Chianina. Judges for this year's shows are: Angus, Jim Hough, Franklin, Brangus, Polled Hereford and T. D. Rich, Stillwater, Charolais, Bill McCarthy, Gerome, Idaho; Chianina and Horned Herefords, Gary Minish, Champaign, Maine Anjoy and Simmental, David R.

Hawkins, East Lansing, Mich; Santa Gertrudis, Shorthorn and Steer, Glen Richardson, Longview, Texas. AUCTION We will sell the following personal property of our mother at the home located at 1553 Bryan St. in Chillicothe, Mo. on Saturday, July 14,1979 Starting At I P.M. 25" R.C.A.

color console television; 3 pc. bedroom suite; 2 pc. bedroom set; Hotpoint frost-free refrigerator--same as new; Frigedaire elec. stove; Frigedaire elec. dryer; breakfast table and 4 chain; Lazyboy recliner platform swivel rocker; cedar chest; coffee table matching end tables; day bed; Etectrolux vacuum cleaner; hide-a-bed divan; desk; what-not shelf; ornamental clock; floor lamp; magazine rack; lamps; large mirror; foot stool; metal lawn chairs; utility cabinet; card table; 20" lawn mower; lamps; dishes; many other items too numerous to mention.

TERMS: CASH Not Responsible For Accidents Raymond Jim Engtert, Owners SALE CONDUCTED BY MILLER MILLER AUCTION SERVICE Joe Mfte Miller--Aactieneers and overt urning several times. An unidentified hitchiker, believed to have been on his way to Sacramento, Calit was killed by a hit-and-run driver early Sunday in St. Louis County Another hitchiker who saw the accident told officers the victim, who identified himself only as Dennis, had said he had been robbed of his wallet and backpack earlier Saturday in Illinois Thomas Wehr, 27, ol Hopkins, was killed early Sunday in a one-car accident on U.S. 71, two miles south of Clearmont in northwest Missouri's Nodaway County. A head-on collision Sunday on U.S.

71 six miles north of Neosho in Newton County claimed the lives of Dane Edgar Dickey, 23, rural Anderson, and Steven Eugene Jeffries, 20, of Neosho. Killed Saturday: William Sattrfield, 36, of Creve Coeur, when the car in which he was riding ran off a west St. Louis County road. Roger Mawson, 22, of rural Archie, when his car was struck by a train at a railroad crossing on Cass County Route A in western Missouri. Todd Biggs, 19, of Memphis, in a two-car collision on a Scotland County road northeast of his hometown.

Rueben Cummings; of Walnut? Shade, wfieri tns car went out of control and overturned on Missouri 176 northwest of Branson in Taney County Hewas pinned beneath the vehicle Scotty Kessler, 20, of La Belle, was killed Friday night when his car went out of control on Missouri 6 in his northeast Missouri hometown. Authorities said his car ran off the road and slammed into a building. The Weather Elsewhere Monday Hi Lo Prc Otlk Albany 84 55 cdy Albu'que 98 65 clr Amanllo 92 68 clr Anchorage 64 57 .01 clr Asheville 70 62 rn Atlanta 67 66 .18 cdy Atlantic Cty 78 66 rn Baltimore 84 60 rn Birmngham 74 69 .09 cdy Bismarck 95 67 .01 cdy 87 63 cdy 87 66 cdy 91 75 .52 rn 85 62 cdy 78 74 rn 81 64 .07 rn 88 58 80 65 .20 clr 78 69 .11 cdy 86 65 .19 cdy 83 69 .16 cdy 96 72 cdy 94 55 clr 81 63 cdy 81 62 .13 cdy 71 58 .01 cdy 58 51 .08 rn 85 56 cdy 85 52 .01 rn Boise Boston Brownsville Buffalo Chrlstn SC Chrlstn WV Cheyenne Chicago Cincinnati Cleveland Columbus Dal Ft. Wth Denver Des Moines Detroit Duluth Fairbnks Hartford Helena Honolulu Houston Ind'apolis Jacks'ville Juneau Kan's City Las Vegas Little Rock Los Angeles IxiuisviTle Memphis Miami Milwaukee Mpls-St. P.

Nashville New Orlns New York Norfolk Okla. City Omaha Orlando Philad'phia Phoenix Pittsburgh Ptlahd, Me Ptland, Ore Rapid City Reno Richmond St Louis St P-Tampa Salt Lake San Diego San Fran Seattle Spokane St St Marie us," she said, adding that a 5 percent delinquency rate was recorded at the end of 1974. Ms. Chaddick said part of the increase is due to the fact that banks are now offering more than one card. The number of borrowers and the amount they are borrowing has increased sharply as more people use both Visa and Master Charge cards.

Because of the proliferation of plastic, it is important to shop around for the best deal on credit There are two basic kinds of cards. One category is represented by the "travel and entertainment" cards. There is an annual membership fee. In most cases, there is no interest charge, but you must pay your bill in full within a fixed period usually 30 days of the billing date face penalties American Express, for example, imposes a "delinquency charge" of I percent per month on balances that are not paid within 90 days. The company also may revoke the card.

The bank cards represent the second major type of card There is no membership fee You are allowed to let your account "revolve," paying a mimimum amount each month, but you are assessed interest on the unpaid balance. Interest rates generally are tied to state usury laws and do not vary from creditor to creditor. The method by which the interest is calculated may vary, however. By FRANK CORMIER Associated Press Writer WASHINGTON (AP) In the span of three recent weeks, Air Force One hauled President Carter 26,500 miles to two continents and across both the Atlantic and the Pacific. Carter and his recent predecessors have flown around the globe so widely and so routinely that it's a bit difficult to realize that only 36 years have passed since an incumbent president, Franklin D.

Roosevelt, first took to the skies. When FDR left Miami on Ian 11,1943, bound for a World War II conference at Casablanca, (he U.S. government did not have a single airplane suitable for presidential travel. Roosevelt flew aboard a "Clipper" flying boat chartered from Pan American World Airways. In subsequent years, records indicate, only one government- owned presidential plane was grounded because of a design flaw Harry Truman's DC-6, Independence, went out of service for nearly six months in 1947-48 because the heating system posed a threat of cabin fires.

CHILLICOTHE CONSTITUTION-TRIBUNE, MONDAY, JULY and so they seek to ter closing dates, and job pro- eliminate them. At Christmas, grams? And were figures for Sales almost always rise, so you adjust the figures. You mark them down. Generally, seasonal adjust- earlier years true norms, perhaps aberrations. When you deal with adjust- nress ments you deal with problems wat RfoEdPM NtoSSA? TM nt averaging the and questions.

And while they rr sa'es for previous years and us- may not totally dest roy the years. mg as me norm what As Nixon flew home to California in August 1974 after re-' signing his office. H.R. Haldeman, the indicated former White House chief staff, placed two telephone' calls to Nixon aboard Air Force One MS Jr.S?nrf±' Pard0 In JateSt instance ad Walergate crimes. justers sought to disc()Unt the L.

negier, Nixon sur 0 applications and secretary, intercepted openings that usually occur at Haldeman this time of year and disappear that there would be no last-minute pardons. As the plane flew across central Missouri, Ford became president and Air Force One, for the balance of the flight, be- usefuless of adjusting, they greatly reduce the significance of minor changes. The latest improvement in age unemployment to 15.3 percent in June from 16.8 percent in by fall. But how do you account for differences in weather, semes- But, the recipe for the entire unemployment rate continues to be questioned, and so do the uses to which it is put. Peter Drucker, the management and social critic, claims the official rate is meaningless.

came SAM (for Missions) 27000. Special Air the flight to California, Nixon wandered' back to the rear compartment that normally housed reporters and photographers' Air Force One. No press contingent was aboard and Nixon reportedly announced: "Itcertainly smells better back here." Tales such as the above, and many more, will be published in book form next Tuesday by Coward, McCann Geoghegan Inc. Titled "The Flying White House," the book is written by J.F. terHorst and retired Air Force Col.

Ralph Albertazzie. TerHorst was former Presi- President Truman, often at odds with the late Sen. Robert A. Taft, R-Ohio, often asked to be alerted when his plane was over Taft's home state. Thus prompted, Truman would visit the lavatory, then order the pilot to activate the waste disposal system.

BUSINESS MIRROR Today in history 90 74 clr 89 79 .36 rn 77 70 .01 clr 83 74 .31 rn 65 52 cdy 74 65 .50 cdy 107 77 clr 88 71 cdy 88 68 clu, 74 68 cdy 85 71 .21 cdy 89 79 cdy 76 62 clr 82 65 cdy 75 69 .75 Cdy 93 77 1.53 rn 86 66 cdy 83 62 rn 93 74 cdy 78 64 .01 clr 92 73 .06 rn 61 Cdy 111 76 clr 81 60 82 57 86 63 88 66 89, 50 85 62 88 70 89 76 94 63 83 65 66 56 79 63 82- 60 80 55 By The Associated Press Today is Monday, July 9, the 190th day of 1979. There are 175 days left in the year. Today's highlight in history: On this date in 1816, Argentina declared independence from Spain. On this date: In 1776, Gen. George Washington summoned his troops in New York and had the Declaration of Independence read to, them.

30 1850, President Taylor died at the White House after having served only one year and four months of his term in office. In 1947, the engagement of-Britain's Princess Elizabeth and Lieutenant Philip Mount- batten was announced. '1 In 1960, the Soviets threatened the United States with missiles if Washington tried to oust the Castro government in Cuba. In 1967, the United States assumed an active role in a revolt in the Congo, sending three military transport planes to give President Joseph logistical support in his fight" against rebels. In 1971, the last U.S.

base guarding the demilitarized zone in Vietnam was turned over to South Vietnamese troops. Ten years ago: President Richard Nixon ordered U.S. 1 military forces and civilian per-' sonnel abroad reduced by 20,000, but Vietnam and Korea were not included. Five years ago: Former Chief Justice of the United States Earl Warren died at age 83. One year ago: Israel rejected an Egyptian peace plan calling for an Israeli withdrawal from the West Bank and the Gaza Strip.

Today's birthdays: King Hassan II of Morocco is 50. fielder Willie Wilson of the Kansas City Royals baseball team is 24. British artist David Hockney is 42. Thought for today: The very spring and root of honesty and virtue lie in good education Plutarch, Greek biographer, 46120 A-D. The World By JOHN CUNNIFF AP Business Analyst NEW YORK (AP) The jobless rate in June dropped two- tenths of one percent to 5.6 percent, evoking comments from some circles that made you wonder if they were watching a fireworks spectacular.

But it doesn't really mean much, and probably nothing. It's seasonally adjusted, and so it might something about the weather, but very -little about the U.S. economy. Interpret with caution, said Janet Norwood, commissioner of labor statistics. Such numbers are adjusted for seasonal variations, such as the surge of job-seeking youngsters in summer.

Seasonal variations, as statisticians see them, obscure Sunday, July 15, 1979 Starting At 1:00 P.M. 105 Webster Mo. ANTIQUES Fancy cedar lined wardrobe with 5 drawers and 3 mirror doors; fancy oak dresser with bevel mirror; oak dowell back chair; baby cradle; fainting couch; oak arm divan, love seat; Ginny Lind bed; occassional table with 6 legs; old kitchen cupboard; oak rocker; old desk; ice cream parlor chairs; old school desk; clock shelf; brass hanging lamp; mirrors; kerosene lamp; bird cage; kerosene lamp holder; 2 gal. stone jar; sewing chest. FURNITURE MISC.

Brown divan chair; upholstered rocker; green divan chair; G.E. Deluxe refrigerator, no frost, white; 30" gas stove; Maytag wringer wash Chrome dinette with 4 chairs; roll-a-way bed; iron bed; coffee table; matching lamp tables; foot stools; magazine rack; tredle sewing machine; 9x12 pattern wool rug; utility table; hanging lamp; full length mirror; pictures; pillows; vases and ash trays; dishes; pots pans, tea pots; apple cookie jar; radio; 2 cameras; porch swing; lawn chair; 2 ironing boards; wash tub; gas space heater; dog house, 4 sheets paneling; 4 gal. Hudson sprayer; other items too numerous to TERMS: CASH Not Responsible For Accidents Mr. Mrs. Earl Sickler, Owners PEN1STON-GUTSHAM, AUCTION SERVICE Charlie 646-4037 Bill 646-3247 WAL-MART savings everywhere you Prices Good Thru Sat.

Open: 9 til 9 Mon. thru Sat. Jet. 36 65-Chillicothe V.V- Oakhurst -i 60 In. Wide I Reg.

2.84 Yd. Asst. Clearance of Fabrics Values to 2.77 Polyester Double Knit Polyester Solids I Prints Kwik Kdver RetttcYd. Charter Coordinates 44-45" DM. 2.77 1.

What do the Asian wild the Javan rhinoceros, and the slender-horned gazelle have in common? (a) they are extinct (b) they are endangered (c) they have successfully mated in captivity 2. The scientific name for the Japanese crested ibis is (a) Nipponia nippon (b) Grus japonenis (c) Choriotis nigriceps 3. The cartoonist who created "Dennis the Menace" is (a) Rudolph Dirks (b) Hank Ketcham (c) Harold Gray ANSWERS Notorious Prints Curtain Rods JM fe IK trtt ft 4i, Mc-lkw 50 Potr-SO Cotton 2T to I 171 1 Rff. 10. I Poly Fill Laundry Bag Gauze 3V Pifp3V iiii.fi WAL-MART.