Kokomo Tribune, February 10, 1994

Kokomo Tribune

February 10, 1994

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Issue date: Thursday, February 10, 1994

Pages available: 32

Previous edition: Wednesday, February 9, 1994

Next edition: Friday, February 11, 1994

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All text in the Kokomo Tribune February 10, 1994, Page 1.

Kokomo Tribune (Newspaper) - February 10, 1994, Kokomo, Indiana Vol 143 No 158 Kokomo Ind KOKOMO TRIBUNE Thursday Feb 10 1994 50 cents GMr It rts BIG earnings DETROIT AP General Motors Corp today said it earned billion in the fourth quarter including the first net profits in its North American auto business since the second quarter of 1989 For the year GMs consolidated earnings were billion or a share The fourthquarter earn ings equaled a share exceeding analyst estimates by 22 cents a share In the fourth quarter of 1992 GM reported a consolidated net loss of million or a Related story Delco gives big boost to GM Hughes earn ings Page 19 share The net loss for all of 1992 was billion or a share largely due to a onetime noncash charge for future retiree health care costs GMs fourthquarter sales were billion up percent from billion in the same period of 1992 For the year revenues were billion up percent from billion North American automotive operations earned million in the fourth quarter the first time GMs key business segment has shown a net profit in four years The North American auto busi ness lost billion between 1990 and 1992 The financial turnaround at NAO is Chief Exec utive Office Jack Smith said Were encouraged by the trend but We cant be satisfied until the earnings power of our operations in North America is fully restored Tliis remains critical to GMs In the third quarter of 1993 GM took a million charge to cover additional expenses for plant closings and higher costs in a new threeyear agreement with the United Auto Workers Also in that quarter GM had a million onetime gain because of a change in the corpo rate income tax rate The 1992 calendar year loss included a charge of billion GMs cost for a required change in the way retiree health care bene fits are accounted It also took a million charge for invest ment in National Car Rental Sys tems Inc and a million restructuring charge at GM Hugh es Electronics Corp GMs car and truck and sales around the world were up per cent over 1992 to million units North American car and truck sales were up percent while Soybean farmers vote on checkoff By LISA FIPPS Tribune staff writer and The Associated Press Soybean farmers and anyone else with a financial interest in the crop were deciding Wednes day whether to continue allowing onehalf of 1 percent of the money they make to be used for development of soybeanrelated products About million for Indiana soybean development was at stake in the national vote on a soybean promotion and research checkoff program The eligible voters in Indiana cast their ballots at coun ty extension offices throughout the day said Anita Stuever direc tor of the Indiana Soybean Devel opment Council Some offices which closed early Wednesday because of snow and ice were to allow voting again today she said Stuever said about people already voted absentee Votes wont be tallied until Feb 24 and Stuever expected results from the national checkoff to be available by March 4 In Howard County about 75 farmers cast votes locally and an additional 71 voted absentee according to Agricultural Exten sion Educator Bob McCormick He said no exit polls were taken and therefore the office had no predictions on the majority opin ion I really dont have a feeling either way It may be close Its hard to he said Tipton County Agricultural Extension Educator Mike Rose agreed that the vote would be very very In Tipton 105 had voted by 3 There were 48 absentee votes cast Listening to comments being made Rose said those voting in Inside Local Howard Countys Junior Miss Megan Hamilton wins the first preliminary competi tion at the state program Page 2 Style Parkin brings African memo ries mementos to Kokomo Page Sports Kokomo plays well in loss to No 4 Ben Davis Wednesday Page 15 Also inside Business Classified Dr Local News of PRINTED WITH SOY INK James Kinney casts his vote Wednesday in the soybean checkoff referendum at the Howard County Extension Offipp Tribune photo by Brian Reynolds Tipton seemed to equally split on voting yes or no for the program A number of other states have had a voluntary checkoff pro grams for years Rose said In 1981 and 1985 Indiana soy bean farmers rejected local check off programs The national check off was opposed by the Indiana Farmers Union at its January con vention The group said farmers should have the option of dedi cating their money to research but it shouldnt be mandatory Soybean growers who oppose giving part of their profits to research can get a refund from the soybean council after they pay it Stuever said about a fourth of the states farmers ask for the money back The national program has been tested since September 1991 but Congress required a national vote within three years Twentyeight percent of the million allocated to Indiana from last years national checkoff pro gram was used for research Stuever said Another 24 percent went to promotion efforts like those seen during locally tele vised Indiana University and Purdue University basketball games Stuever credits the checkoff funds for the development of soy diesel a soybeanbased fuel that is being tested in transportation systems in Indianapolis Evans ville and South Bend I think the majority reason for farmers supporting the checkoff in Indiana is that theyve seen the program Stuever said We know for sure we would not have the success we have today in the area of soydiesel if not for the checkoff program Nobody was taking it any Research efforts also have pro duced soy ink now used by 75 percent of the countrys newspa pers And a durable new building material used for walls floors cabinets and other projects com bines soybeans and newspaper If we soybean producers dont promote our own product anc dont create a marketplace for it who will asked Charlestown soybean grower Kevin He has been working on a grass roots program encouraging farm ers to vote for the checkoff Soybeans are Indianas No 2 cash crop Indiana is the third largest soybeanproducing state in the nation A record 213 mil lion bushels were harvested last year Tonya Harding strikes back USOC responding with its own court action LILLEHAMMER Norway AP A defiant Tonya Harding struck back at the Olympic Committee with a million lawsuit and vowed to come to Norway win a gold medal and hang it on my wall The skater asked an Oregon court Wednesday to block the USOC from holding a hearing that could lead to her expulsion from the Winter Games for her actions surrounding the clubbing attack on Nancy Kerrigan Hardings attorney Robert Weaver expected a court hearing today on the request for a restrain ing order Moving swiftly to counter Hard ings action USOC executive director Harvey Schiller said the committee would also be in court today filing motions in Portland to throw out the lawsuit Asked on CBS This Morning what the USOC would do if Hard ing won a restraining order Schiller said We obey court orders We have in the past and well Kerrigan meanwhile arrived in Oslo after a flight from the United States She slept most of the way and avoided reporters waiting at Forncbu Airport Harding has denied advance knowledge of the plot to hobble her rival but admits she didnt immediately come forward when she learned about it afterwards She said Wednesday she would like to tell Kerrigan shes sorry and give her a hug if shell let Ceasefire silences Sarajevo SARAJEVO BosniaHerzegov ina AP Sarajevo fell quiet at noon today after a ceasefire called by besieging Serb troops took effect French peacekeepers began taking up positions to mon itor the truce with orders to shoot back if fired upon The pledge by Bosnian Serbs to hold nre and withdraw artillery and mortars from around the cap ital came just hours before NATO allies issued an ultimatum Wednesday to pull back their heavy guns or face air strikes It was the first such action by the alliance since it formed after World War II A senior Russian official said today that President Boris Yeltsins government opposed the ultimatum and would demand the Security Council discuss the matter Russia which is one of the five permanent members with veto power on the Security Council has been sympathetic to the Serbs who are fellow Slavs and Ortho dox Christians Dozens of ceasefires have col lapsed in the past 22 months of fighting around Sarajevo But the new commander for Bosnia Gen Sir Michael Rose of Britain said this one was different because the Serbs were under greater international pressure and had agreed to remove weapons Despite the truce wary Saraje vans still sprinted across intersec tions and other places exposed to snipers Scattered smallarms fire was heard just before the cease fire went into effect Peacekeepers from two French battalions basod in Sarajevo moved to six key positions in and around the city after noon under the unwritten ceasefire accord said a spokesman Col Bill Aikman He said they were ordered to defend themselves Soldiers of Bosnias Muslimled government reported that French troops with armored cars took over the BratstvoJedinstvo Bridge facing the Serbheld Grbavica sub urb exactly at noon The ceasefire began a test of wills that could lift the siege of Sarajevo or drag the West deeper into a war that will not end overseas sales fell percent GM is Indianas largest single1 private employer In 1993 GMs North American earnings before interest taxes and retiree health care expenses were million a billion improvement over J992 and an billion swing from 1991 The North American auto busi ness net loss in 1993 was million Smith has the North Ameri can business challenge for 1994 is to show a net profit Northern board wants records By LISA FIPPS Tribune Tipton Bureau SHARPSV1LLE Ind The Northern Community School board during a special session Wednesday passed a resolution to subpoena records involving alle gations made against TriCentral elementary teacher Donald W Garner Garners been a teacher at Northern for 14 years and coached various sports for 25 years According to Superintendent Harry Days attorney Jon M Bai ley of the Indianapolisbased firm of Bose McKinney Evans the resolution allows Day to pursue information documented in police and possibly court records regard ing the allegations The law as stated in Northerns resolution the gov erning body of an Indiana school corporation to designate a mem ber to issue Bailey said the law was passed within the last few years The board appointed its secre tary Michael Clevenger as its agent for the purpose of issuing the subpoenas Friday a Tipton County grand jury cleared Garner of allegations that he had inappropriate contact with four female sixthgrade pupils during the 19921993 school year The grand jury declined to return an indictment according to a Tipton Circuit Court document School officials still do not know which students made the allega tions and what the alleged inap propriate contact was Bailey said even though Gamer was cleared of the alleged crimi nal wrongdoing school officials need to know what the contact was to determine if Garner adhered to school standards Because the grand jury cleared Garner Bailey said school offi cials could put Garner back in the classroom Garners been on paid Even though the emergency meeting lasted less than five min utes afterward the board spent nearly 15 minutes talking with eight people who came to support Garner The question they asked was why the school was pursuing the information considering the grand jury cleared Garner Bailey said the only information school officials have about the case is gossip and innuendo He said Day and the board need more than that to make a decision about Garners continued employment Bailey said after Day receives the information he and Day will evaluate it and decide if it needs to be brought to the school board s attention If so during a hearing Bailey will represent Day and Garner will be allowed counsel The board will act as a jury to decide what actions should be taken In December 1993 Indiana State Police Sgt Gary Boyles began investigating allegations reported to the Tipton County Office of Family and Children He would not tell the Kokomo Tribune what the alleged inappro priate contact was or why the girls waited to report it Garner maintained all along that he was innocent He said hes glad the ordeal is now over adding Its just a big weight off my shoulders Right now Im just in the waiting phase to find out about my ;

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