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Kokomo Tribune: Tuesday, October 4, 1994 - Page 1

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   Kokomo Tribune (Newspaper) - October 4, 1994, Kokomo, Indiana                                Vol 144 No 31 Kokomo Ind Tuesday Oct SO cents Kids helpinq other kids WWKIs Dave Broman adjusts the sound as Nbrthwesterns Terry Lehman directs the Northwestern High School Chorus performing for We Tribune photo by Tim Bath Young singers raising voices funds are getting into the spirit of helping JXother kids by performing in The We Care Joy of Singing taping which will funds not only for WWKIs We Care b for the choirs raise but also Monday We Care volunteers visited Northwestern School where four groups performed Christmas songs for a tape and compact disc We Care will be taping at Western Taylor Eastern and KokomoCenter School Corp during the rest of the week We Care through a variety of fundraising events raises money to help the needy at Christmas In 1993 We Care raised which was divided among the Salvation Army the Kbkomo Tribunesponsored Goodfellows and the Kokomo Rescue Mis sion The three groups provided food clothing and toys to the needy More than 300 students will be performing for the project Tapes for and CDs for will be available from the individual vocal music departments and the We Care store at the WWKI studios after production is com pleted The tapeCD jacket will list complete song titles the vocal groups and the student names and directors The performances feature 74 minutes of vocal Christmas music with a mix of secular and religious songs Leading economic indicators up Rising rates fail to weaken economic expansion Espy quits Ag Seasonally adjusted index SON DJ FMA M J J A 1993 1994 Soutw Dtpartnwnt ol Comnwn WASHINGTON AP The governments chief forecasting gauge of future economic activity climbed percent in August its largest gain in five months the government said today Analysts said in advance of the report that a gain of that magni tude is further evidence the eco nomic expansion still has consid erable vigor despite rising interest rates The Index of Leading Economic Indictors has risen 11 of the past 13 months and remained steady in the other two It was unchanged in July after small increases the previous two months The last time it rose more was in March when it jumped percent The Commerce Department said the gauge now stands at its allrime high since the govern ment initiated the measurement in 1948 The August advance was broad based Nine of the 11 components of the index made positive contri butions led by increased factory orders for consumer goods slow er business delivery times that usually are a sign of rising orders and fewer weekly initial claims for unemployment insurance Also advancing were stock prices raw material prices con sumer expectations the average work week business orders for plant and equipment and building permits The only components that pulled the index downward were a lower money supply and fewer unfilled orders for durable goods Todays report was in line with analysts expectations and comes on the heels of other reports that suggest the economic expansion in its fourth years continues at a moderate rate Analysts expect the Federal Reserve to boost interest rates for the sixth time this year soon prob ably Nov 15 when its policy making Federal Open Market Committee next meets But many economists say they believe Federal Reserve Chairman Alan Greenspan was authorized by the committee last month to move sooner if conditions war rant The timing of the next Fed move will be dependent on the strength in upcoming said Marilyn Schaja of Donaldson Lufkin Jenrette Securities Corp in New York City in advance of todays report But she said the Fed has tried very hard to avoid being seen as reacting to any one piece of Attorney strikes Madison County off civil suit list TIPTON Ind A civil suit filed by the attorneys for the par ents of two girls who claim Tri Central Elementary teacher Don ald W Garner made sexual advances toward them during the 19921993 school year will not be settled in Madison County On Monday Mark McCann one of the attorneys for Michael E and Penny L Williams and Steven R and Julie A Flick struck Madison County from a list of five counties chosen during a change of venue hearing Sept 29 Tipton Circuit Judge Dane P Nash granted McCanns request for a change of venue of county during the near ing According to court docu ments McCann asked for the change of venue because he did not think his clients could receive a fair trial in Tipton County due to newspaper reports about the suit Nash told McCann and the attorneys for Garner and North ern Community School of which TriCentral Elementary is a part to take turns striking or deciding which counties they did not want the case tried in Gar ners attorney and Northerns attorney share one strike It is now Garners and North erns turn to strike a county They can choose between Howard Grant Clinton and Hamilton counties Then both sides each get one more strike until only one county is left post Investigation may expand WASHINGTON AP The criminal investigation of Agricul ture Secretary Mike Espy will not be slowed by his resignation and may expand to include a scholarship given his girlfriend the independent counselconduct ing the probe says Our plate keeps getting bigger with afl revelations that keep coming Donald C Smaltz the courtappoint ed independent counsel said in an interview Monday after Espy Espy announced hes quitting Dec 31 Espy said hes become distract ed from his job by the investiga tion into gifts he received from individuals and firms doing busi ness with his agency I must personally overcome the challenge to my good Espy 40 told a news conference He was the first black and the youngest person to serve as agri culture secretary Regardless of the legal outcome for Espy his resignation under a cloud presents another headache for President Clinton The president is contending with the ongoing probe of his Arkansas business dealings a sex ual harassment suit by a former Arkansas state worker and recalci trant Republicans who have bot tled up key parts of his legislative program He becomes the second Clinton Cabinet member to resign follow ing former Defense Secretary Les Aspin Smaltz appointed to investigate Espy on Sept 9 already has a half dozen FBI agents working for him and is hiring a staff of attorneys Asked if the resignation would affect his investigation he replied Not in the A senior administration official speaking on condition of anonymity said an internal White House probe uncovered a new issue in the case the awarding of a scholarship by a Tyson Foods Inc foundation to Espys girlfriend Patricia Dempsey The official said Dempsey has returned the money Smaltz said in the interview that he was not previously aware of the scholarship but added Were very interested in Bubbling over with enthusiasm In a firstever underwater unveiling ceremony the Postal Service today released four 29cent stamps depicting the Wonders of the Seas on a sunken ship in 80 feet of water off Hawaiis Waikiki Beach Two divers the Postal Services Honolulu District Manager Ed Broglio and the Professional Association of Diving Instructors vice presi dent Al Hornsby pulled a can vas off an enlargement of the stamps The stamps show butterfly fish dolphins sea birds divers a sunken ship and many other underwater creatures and will go on sale Oct 4 at post offices across the country AP photo Inside todays Tribune Business Holiday Inn is bringing its fastgrowing hotel format to Kokomo Page B3 Style Take your dog for a walk and fight cancer Page Bl Sports Sectional football pairings released Page A7 Also Inside Business markets Classified Dear Local News of   

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