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Kokomo Tribune: Tuesday, May 3, 1994 - Page 1

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   Kokomo Tribune (Newspaper) - May 3, 1994, Kokomo, Indiana                                Kokomo May 50 cents ing i hit an alltime high WASHINGTON AP The governments chief forecasting fauge of future economic activity It ati alltime high in March as ft posted a healthy gain in line with economists The Commerce Department said today of Leading Eco nomic Indicators advanced percent to the highest fig ure since the government began keeping the index in The index rebounded from a flat per formance in February caused largely by severe winter Analysts said in advance of todays report that a percent gain would be fresh evidence the economy is expanding at a moder ate pace this year after its growth spurt at the end of The index has nowrisen inseven out tbf the last eight It was unchanged in February a revi sion from figures a month ago that had showed a percent decline after a percent rise in Changes in the average work one of 11 components in the accounted for most of the shifts in the gauge The department said the aver age work week was sharply lower in February due to an ice the rebound in March to a postWorld War II high of hours a week was greater than The government said nine of 11 indicators rose in includ ing the length of the average work The other positive factors were rises in raw building permits and the backlog in factory orders for durable a drop in claims for unem ployment orders for consumer goods and for plant and improved consumer expectations and a larger money The negatives were slower business delivery and a drop in stock market The economy is shedding said economist of Merrill Lynch fcfipV he The latest indicators rein forces our view that inflation is unlikely to be a problem during 1994 arid i Economist Sung Won Sohn of Norwest in Minneapolis said a percent rise would be in lirte with his expectations that the economy vvill grow about cent this year and inflation will increase i has month to mu 11 By TRISHA TURNER Tribune staff writer KokomoCenter School Board has a month to mull the idea of adding districting requirements to its elected plan before it is asked to take a Vote on the Phoebe Carter told her fellow board members during a Monday meeting that she plans to bring a formal them in The plan she will propose varies fromthe one she introduced at a March board she At that she suggested in one KokomoCenter School Board member of four districts be elected by all voters in the school In three atlarge board members would be The only changes in her sugges tion will be the districtdividing she told board Markland Avenue and Sycamore Street would be the northsouth dividing while Washington and Lafountain streets would divide the east and west sides of Kokomo making four In she had proposed Markland and Washington as the dividing lines but then found that those streets do not stretch across the entire said she has checked the legality of her propos abwith the state Department of announcement Monday came despite reports from board President Michael Coady last week that he believed no board action would be taken in the mat ter before Coady has said he wants the three elected members chosen in todays election to have taken their seats j month before KokomoCenter School Board moves ahead with any dis tricting requirement But who will leave her board seat in said aftet Mon days meeting she sees nojreaspn to We wont have elected board at that she so I dont see that thaf s a major Coady said after the meeting he had not had adequate time to think about Carters comments to But in a written response this he thought is thatthe brjginal elected board plan ICpmplete its first cycle before the board begins to modify The first elected members joined KokomoCenter School Board in Under the current all members are elected is area defense INDIANAPOLIS AP The Indianapolis area will keep defense finance jobs were threatened by a consolidation of the militarys accounting opera a spokesman for Dan said Evansville also was vying for a similar but Fred Evan Bayhs press said he thought the city had been out of consideration for some time because it did not have an existing Defense Secretary William Perry was to announce later today that Indianapolis was among five to 15 locations nationwide where the Pentagon will consolidate the operations handling payroll and other financial said Tim Goeglein of The Indianapolis jobs were threatened by the pending closure of Fort Benjamin Harrison as part of the Pentagons military base Indianapolis selection and its proximity to Evansville did not preclude the southern Indiana city from also being Goeglein But Nation said he thought Evansville had been As far as I Evansville has not been under serious con sideration for some time because the Clinton administration was looking primarily at existing facil not new Nation The state Legislature approved a million incentive last year to help Indianapolfc and Evansville compete for the finance centers under rules established by President George Bushs adiifiinis j V But Clinton officials threw out the saying it was not fair jto use local or state money to attract j A Haverfield Helicopter crew replaces spacers on a line in Howard County Monday Tribune photo by Tim Bath Just another day on the job What appeared to be a lifethreatening situation in southeastern Howard County Monday was just another day on the job for a helicopter team from A cjew from Haverfield Helicopters Inc was involved in a repair project for Power that involved replacing defective spacers on a The line runs for miles through a seven state according to Bill Dille transmission manager for the power Dillehay said the spacers can be replaced in a matter of minutes by me helicopter Utilizing the the company can avoid property damage that would be caused by bringing in a truck to do the the company can avoid shutting the power which would be nec essary if repair crews used a conductor cart to service the Dillehay said the repair team avoids electrocution ecause the helicopter is energized to the same potential as the David was strapped to a platform as he replaced the spac Jim Hattan was the The team was spotted near 3921 Road 1100 East after authorities received an initial report that a helicopter was trapped in the Dillehay said the team should complete work near Early voter turnout Voting in the primary this morning was described as very light and according to precinct For only 80 people of the nearly 800 people registered to vote jn precinct 121 cast their votes as of 9l5 They voted at the Good Shepherd Lutheran 121 Sante Fe Were not expecting any big Its I dont said Diana Republican inspector at precinct The same was reported this morning at following according to the inspectors 13 at Patrick 1230 Armstrong 32 at Carver Community 42 43 and 45 at United Autowork ers Local on East Hoffer A lot of people dont vote in the pri mary and wait to vote in the I dont know People are said John an inspector at precinct Inspectors expect voting to pick up during the lunch hour ana after when employees get off Polls will be open today until 6 Janelle Shallenbergertasts her primary vote at Precinct 33 early this morning tribune photo by Brian Reynolds Inside Local Primary antics around the Page Style Use your wpk to create low fat Page Sports Pacers enjoy first NBA play off series Page Also inside markets B34 Classified B58 Comics B9 Pear Loca news News of record Obituaries A1P Opinion A6 Sports   

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