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Bedford Gazette Newspaper Archives Jan 10 1998, Page 1

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Bedford Gazette (Newspaper) - January 10, 1998, Bedford, Pennsylvania Bedford Bedford county own Dally newspaper published continuously since 1805 193 90 traffic will change monday on South Richard the Block in front of the coach j room restaurant Between Pitt 1 and Penn will be closed from 10 to noon monday for safety according to Ted Chwa Tek of first american National owner of the an i service Day has been switched for the Everett area school the which gives Stu dents a Day originally scheduled for has been rescheduled for students and staff also Are scheduled to be off on in recognition of Martin Luther Kings state police have a few leads in thursdays Saxton store trooper David the investigating officer in thursdays robbery of the Martin general store in said police were working on a few leads Friday but had Little new information to at about 6 a suspect described As a White male in his Early 20s held up the Martin Gen eral store at the suspect is said to be Between 5 feet and 5 feet 5 inches tall and weighs Between 120 and 140 he was last seen fleeing from the store wearing Blue jeans and a flannel police the amount of Money stolen and the gun used in the Holdup Are not being disclosed at this police Are not sure if the suspect had a getaway he very Well could Sny Der anyone with information about the robbery should Contact the Bedford state police at 6236133 or chief Dennis Hardy of the sax ton police department at 635 its farm show Tom Ridge is scheduled to formally open the annual Penn Sylvania farm show at today at sheep and Swine judging will be the top animal attractions for opening the Blue ribbon Apple pie contest and the great est Cocoa cake and cookie con test Are on the along with the High school Rodeo a schedule of the weeks events appears on Page deaths obituaries on Page 14 John of Buffalo weather regional weather today a mix of Clouds and High near wind South West 10 to 20 tonight partly Low in the lower tomorrow partly High in the upper the Outlook monday Chance of Snow lows in the highs in the tues Day Chance of Snow Chance of rain lows 25 to highs 35 to wednesday Chance of lows 25 to highs in the january 1998 saturday fresh Start for Springs project new developers Hope to Complete hotel work in 43 months Gazette Maust Judith Kessler and Mark partners in showers run development talk with Tom Cunningham chairman of the Bedford county redevelop ment after it was announced Friday that Shober Srun is taking Over the Bedford Springs hotel restoration by Sharyn Maust Gazette associate editor the Bedford Springs hotel has a new Developer and the lawsuit by the old devel oper against the Bedford county redevelop ment authority has been in a flurry of announcements and actions the authority and the Bedford county commissioners signed a new redevelop ment contract with showers run develop ment a new company with partners in new York and they Are in the investment and real estate see related Page 3 lawyers for the Bedford Springs development in turn signed documents to terminate the lawsuit with prejudice meaning it cant be the two sides also terminated the redevelopment the contract signing Doest Complete the because the new company wants to acquire the Bedford Springs Golf course from the Dauphin county general authority before the contract see related Story below it wants to accomplish that closing before March under the new showers run brought to with part of that earmarked to pay off debts of the redevelopment authority and the the new Developer also will attempt to meet the state office of budget require ments for the remaining million in Grant including the condition that financing to Complete the project is in place before More Money is Mark Langdale and Judith the two principals of showers run who attended fridays said the total investment in the property int but could be in the neighbourhood of the million that was mentioned when the plan to restore the hotel began in the state and the million in Federal Intel modal surface transportation efficiency act Grant set aside for the pro Are essential to the Accord on Page 3 Norb rules against set on company says it will Appeal unfair labor practice decision by Casey Farrell Gazette staff writer a Union has won a Battle in its attempt to organize the Seton Plant in a National labor relations Board judge ruled that the company had committed unfair labor Law administrative Law judge Wallace nations upheld 12 charges of unfair labor practices and dismissed five other allegations against the headquartered which processes leather upholstery for automobile makers at the company announced Fri Day it plans to Appeal the Deci Sion to the National labor rela standing complaints Are tons Board in the company maintains its position that it has not violated the National labor relations act and is convinced that it will be vindicated through its labors according to prepared statement released by Seton remains convinced that the unions filing of the unfair labor practice charges in late 1994 to Early 1995 was solely to avoid a resounding defeat in the the scheduled representation the statement went on to the Norb has blocked an elec Tion at the Plant until the out and the Union has chosen not to waive the both parties have 28 Days from the Day of the ruling to Appeal any part of nations said Stanley Region Al attorney for the ruling More or less con firms whats been our position for three said Richard Trinclisti of the United mine workers of this company systemically engaged in serious Vio lations of the labor nations did not uphold five other charges against including a 1995 employee Dis allegations regarding Security guards in the Plant parking lot interfering with protected employee and other cases of implied managerial threats to employees regarding Union activities inside the Zawatski while Zawatski said they might Appeal on any of the allegations not upheld by the discharge of Dana Endres in March 1995 is the most significant from our nations ruled that Endres termination was justified by a decision on whether to Appeal will be made by Early next he on Page 14 contract surprises Dauphin by Sharyn Maust Gazette association editor a Dauphin county general authority consultant expressed Surprise Friday that the new bed Ford Springs hotel redevelopment contract May hinge on acquisition of the Golf Dauphin acquired the Golf course in after entering into a redevelopment contract in 1995 at the same time that the Bedford Springs development signed its Dauphin floated a Bond Issue to provide on Page 3 asian fears trigger 222point Market dive Rescue party Heads for Indonesia Washington a High ranking Clinton administration and if officials Are heading to Indonesia with a pointed message for president Suharto get your financial House in but they also Market decline a look at the indonesian Market Over the past year Points indonesian Stock Index 750 close 9 300 a Hope to give the indonesian Economy a boost before the asian crisis becomes even Stock prices plunged on Wall Street Friday amid investors concern that asias problems will spread to economies around the the immediate objective of the Indonesia Mission that begins saturday is to get the 76yearold Suharto to Speed upbeat tightening requirements demanded by the International monetary if he then the lending Organiza Tion and the United states May accelerate payments in a billion Rescue As they did two weeks ago with South the if has made billion of the Aid available so far and the next billion is supposed to be disbursed March these payments Are the Only leverage the if and its member governments have to get the indonesian authorities to keep their Janet chairwoman of the White House Council of economic advis said the administration believes it is in Page 14 Dows fall How the Dow Jones Industrial average has performed so far this year new York a the Dow Jones Industrial average tumbled 222 Points Friday As a third straight Day of Steep declines in Asia made it Clear the economic crisis there is far from the which has fallen More than 4 per cent in the first six ses Sions of 1998 after log Ging an impressive percent gain in fell As much As 275 Points during the heavily traded session before closing with a loss of at it was the worst one Day Point drop for the Dow since when it fell a record 554 Points in the fourth biggest decline in the history of the barometer of 30 big whats so aggravating is that it Doest seem that the financial crisis in Asia has said Hugh chief invest ment officer at first Albany last for one fleeting it started to seem As though we were turning the 1997 we had meaningful ral lies in just about every country in the Pacific the damage Friday was heaviest among technology the sector deemed most vulnerable to the overseas technology heavy Nash a Stock Market suffered its Sec on worst Point drop it was the fourth Busi est Day Ever on the new York Stock with million shares changing the Panicky Selloff came after investors woke up again to Steep Market declines in Southeast this time v in the where stocks plunged per and where the main mar Ket Index Sank Mexico peso also closed sharply weaker Friday As local and foreign Stock markets the peso closed at to the Dol sharply weaker from its open of on Page 14 1998 a it was a record year for jobs Washington a unemployment inched up to percent in but 1997 nevertheless entered the record books As a terrific american joblessness Hast been lower in peacetime since but with asian turmoil Ham Mering the Stock Market and starting to spill Over to the Ameri can president Clinton chief economic adviser acknowledged 1998 May not be quite As Janet Yellen told reporters a further drop in unemployment is but a slight increase is More this has been an exceptional year in every and conserva Tive forecasters forecast a repeat of something As exceptional As weve had this she of More immediate concern to Wall Street traders than asias Impact on employment is its threat to the profits of companies exporting to the fears that Indonesia crisis is deepening battered stocks the Dow Jones average of Indus trial stocks Sank 222 Points to close at bringing the decline for the week to 385 fridays report under scored the Economys fundamental average monthly unemployment last year percent matched rates of 1973 and it Hast been lower since when production for the Vietnam War pushed the rate to and it Hast been lower in peace time in four our nation is on a Clinton speaking before thou Sands at a High school stadium in decembers seasonally adjusted annual rate of though up slightly from percent in marked a substantial improvement Over the rate at the Start of the employers added a robust jobs in bring ing payrolls to on Page 14 in this weeks Gazette Gazette Brown Stacey Robinette Pic tured has played a role in helping to find a vaccine to combat a leading Illner in Gazette staff writer Jim Brown introduces to Robinette and his daily work with deadly and Gazette staff writer Elizabeth Courle details local efforts of animal own ers who Are in Hansburg this week to take part in the 82nd annual Pennsyl Vania farm under Way through thursday at the farm show

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