Banner Graphic, Volume 10, Number 117, Greencastle, Putnam County, 21 January 1980 — Page 1

A Boyhood Refuge near Fillmore stands cold and lonely against the mid-winter sky, waiting for spring and the return of its part-time residents. There are a lot of things winter prevents a kid from doing, like spending a hot In-

Lugarto speak at Lincoln Day fete

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RICHARD LUGAR Lincoln Day speaker

North Putnam board to review principal's contract

By BECKYIGO Banner-Graphic Area News Editor BAINBRIDGE - The North Putnam School Corporation’s contract with high school Principal Richard Schelsky is expected to be viewed publicly at a special meeting of the school board at 7:30 p.m. Thursday at the Superintendent’s Office at Bainbridge. The announcement of the meeting was made last week by North Putnam Supt. Larry Williams who also confirmed the

Light white A 70 per cent chance of light snow through Tuesday. Becoming windy and turning colder Tuesday. Low in the mid 30s. High Tuesday in the mid to upper 30s. Indiana Extended Outlook A chance for light snow in the north on Thursday. Otherwise mostly cloudy and cold. Highs in the 20s to low 30s. Lows in the 20s on Wednesday and in the teens to mid 20s Thursday and Friday. Index Abby A 3 Bridge A 4 Calendar A 3 Classified AB.A9 Comics A 4 Crossword ’ A 8 Editorials A 5 Family Living A 3 Heloise A 3 Horoscope A 9 Letters A 5 Obituaries AlO Sports A6,A7,A8 Worry Clinic A 9

Banner Graphic

Putnam County, Monday, January 21,1980, Vol. 10 No. 117 20 Cents

Putnam County Republican Chairman Albert Solomon announced today that Sen. Richard Lugar will be the main speaker at the annual Lincoln Day Dinner scheduled for 6:30 p.m. Feb. 12 at the DePauw Student Union Building. SOLOMON SAID SINCE this will be the first U.S. Republican senator to speak in Greencastle in more than 25 years, an overflow crowd is expected. Also in attendance will be Congressman John Myers, State Senator Joe Harrison and State Representative John Thomas, as well as several candidates seeking state offices. Tom Mont, DePauw athletic director, will be master of ceremonies. SOLOMON SAID HE has received several ticket requests from outside Putnam County as the senator will only be speaking at about four Lincoln Day Dinners statewide. Tickets may be purchased from any Republican precinct committeeman or office holder, or by calling 653-4312,653-5809 or 522-6740.

agenda Monday morning via phone. WILLIAMS EXPRESSED that he is unsure what the outcome of the special meeting will be by saving, “To be very honest with you, I don’t know how it will turn out.” Williams did add the contract situation was discussed by the board and Schlesky at an executive session held on Jan. 16 at the North Putnam High School. Schelsky began serving as principal of the North Putnam High School ap-

Sentenced in court

Two more guilty in DPU thefts

By G. PATRICK GRIMES and ANNWOOLMAN Banner-Graphic Staff Writers Two Greencastle youths were found guilty and sentenced to terms at the Indiana State Farm in Putnamville and a Montgomery County woman pleaded guilty to two theft charges Monday in Putnam Circuit Court. Mathew Wayne McDonald, 20, Greencastle was sentenced to six months at the State Farm for his part in the Sept. 21 break-in at the DePauw University Union Building. McDonald pleaded guilty to criminal conversion and admitted to acting as a “look out” to those breaking into the building by warning them of an approaching DPU student. MCDONALD’S ATTORNEY, Keith Kauble, pointed out to Judge Francis N. Hamilton that his client had “cooperated fully,” and was “totally honest in telling his story several times.” Prosecutor Delbert Brewer pointed out in rebuttle that McDonald wasn’t clear about some things. Judge Hamilton agreed, and asked McDonald to take the

diana day in the tree house or swinging on the old tire swing. As the saying goes, if winter is here, can spring be too far behind? (Banner-Graphic photo by G. Patrick Grimes).

Hi-yo silver... and gold

Metal markets taking their effect on Putnam scene, too

By AGNES KING Banner-Graphic Staff Writer With the fluctuation of the gold and silver market during the last few months it seems worth investigating just how the precious metal trading will affect Putnam County. Vernon Elmore of Elmore Jewelers, 13 S. Indiana St., Greencastle, reports that in the last few months gold jewelry has been selling more than usual. “I think people recognize from the market that gold is a good investment, but I really can’t predict what the market is going to do at this point. Temporarily we have quit buying various pieces until the market does stabilize somewhat. “WE’VE AIvSO HAD a great many inquiries about old pieces of jewelry and their worth. This morning (Thursday) I had two gentlement bring in old watches to find out their worth. It seems to me that right now though I would recommend holding onto old gold jewelery instead of panicking and turning it into cash. I think it will always be a good investment, and I’ve had several salesmen tell me that it was going to stay up,” Elmore noted. Annette Pickel, also of Elmore’s added. “We really have seen more people wanting good gold jewelry. Wedding bands over the

proximately 2M> years ago, according to Williams. The special meeting is open to the public. AN EXECUTIVE SESSION is also scheduled to be held following the special meeting on Thursday. The session is to deal with the reinterviewing of the architectural firm to conduct a feasibility study for the corporation. At an earlier meeting, the school board selected The Interdesign Group Inc. of In-

stand again to answer some questions. McDonald told almost an identifical story to the one he related when he appeared in court last Friday, except that this time he admitted to acting as the ‘ ‘look out” for Darren Deßoy and Donnie York who have pleaded guilty to breaking into the Union Building that evening. “WHY DIDN’T YOU tell the court this before?” Judge Hamilton asked. “Because I didn’t think of it, your honor. Things happened so fast it’s hard for me to remember every little detail,” McDonald testified. McDonald was also asked about the break-in at the Conrail work train shortly after the DPU incidents at East College and the Union Building in September. He testified that he only ate the food stolen from the work train and had no part of the break-in. He admitted to knowing that the food was stolen before consuming it with Deßoy and York at Jaycee Park. MCDONALD WILL PROBABLY serve about I x k months for his part in the crime. He was given 97 days credit for time spent in the Putnam County jail awaiting court

Big Walnut bill due for full House vote soon

By ERIC BERNSEE Banner-Graphic Managing Editor Another big step toward formal state deauthorization of the proposed Big Walnut Reservoir may come as early as the middle of this week, State Representative John Thomas (R-Brazil) said. The District 48 representative, cosponsor of the deauthorization bill with Donald I-ash of Parke County, expects a vote on the measure by the full House this week. The bill passed the Natural Resources Committee unanimously (11-0) last week and was considered on second reading Friday. THAT REPRESENTS exactly the same progress a similar bill made in 1977. However, the Marilyn Schultz (DBloomington) - authored bill never made it to the floor of the House for a vote that year. Even though the Legislature is working a short session this time, Rep. Thomas envisions a much better fate. Of course, if and when the full House acts favorably toward the Big Walnut deauthorization bill, the cycle must be

last four years have really gone up. Four years ago a plain gold wedding band was selling from $25 to $65 and today the same rings costs between S2OO-$269 Also a 14carat gold ID bracelet a couple of years ago cost S4OO and today the same bracelet sells for SBOO. “I personally think the market is still going to climb some and the silver market is also fluctuating rapidly now. We haven’t even been able to get silver the last few months from our manufacturer in Indianapolis since he can’t get it from the manufacturer in Philadelphia. Of course, our prices have gone up some as well, but we’ve just all been affected by the changes,” she said. GOLD CLOSED THURSDAY at more than SBOO an ounce, while silver on Thursday was $47 an ounce. Harold Mason of Mason’s Jewelers, 18 W. Washington St., Greencastle, also reported that he has noticed a definite increase in business as a result of the changing market. “I was reading recently in one of the trade journals where they were predicting that by the year 1990 that gold might be selling at $2,000 an ounce.” he said. “Of course, this has affected our prices in the last few months. Wedding

dianapolis to conduct the study. The firm specializes in architecture, urban design and engineering. Williams said the board will have the firm present during the executive session and will have the company “detail their services” they can offer the corporation. “WE WILL TAKE THE firm we have selected and have them go into detail what they can provide and discuss what personnel they have,” Williams added.

action, whittling his time to just about three months. Under the Indiana penal code, he will have one day taken off his sentence for every day he serves on “good time.” Also sentenced to six months Monday was Brent Jeffries, 20, Greencastle. Jeffries confessed to keeping a stolen calculator given him allegedly by Rick Reeves after Deßoy and Reeves allegedly broke into the Miller School in early October. Jeffries testified that he left the scene of the break-in when he realized what Deßoy planned to do, but kept the calculator when it was handed to him a short time later. He was given approximately five days credit for his time in the Putnam County jail and was sentenced to the State Farm. SHIRLEY A. BRIDWELL, 36, currently of Cloverdale and formerly of Montgomery County, was arraigned on charges of theft. The charges stem from a series of “bad checks” Bridwell is said to Col. 6, back page, this section

repeated in the State Senate and then signed into law by Gov. Otis Bowen. The bill would remove the designation of Big Walnut as one of the possible federal reservoir sites with which the state would cooperate on in the future, Thomas said, adding that such a decision “effectively stops” the project unless the federal government wants to go it alone. THAT IS “HIGHLY unlikely,” Thomas added since the federal government “would have to come in and condemn all the property and then worry about access as well. I don’t know of any projects that have ever been done that way. “This has been a cloud hanging over the heads of the people of Putnam County since we authorized several projects 13 years ago,” Thomas said. “Without taking sides as to the merits of the reservoir, I feel that after all this length of time it is best to remove that cloud by deauthorization. The people of that area don’t know whether they were safe in remodeling their homes or redoing the kitchen or making any future plans for the use of their property.”

bands have increased between 25 to 30 per cent: “I am now buying scrap such as old class rings and old jewelry, but I can’t predict what’s going to happen. “I KNOW THE PRICE is higher than it’s ever been and in some ways there appears to be a correlation between precious metals and gasoline. It appears the Arab countries are wanting gold, silver, platinum in exchange for the oil rather than paper currency. Silver, however, has proportionately increased even more than gold and platinum prices are also affected. I might continue to speculate that the buying and trading of diamonds will also noticeably increase.” Mason said he can’t tell for sure just what will occur, but believes the price will stay up. “But some will add that ‘what goes up must go down.’ We just don’t know at this point,” he concluded. C.B. Hammond of Hammond Jewelers, 607 S. Locust, Greencastle, said the amount of inquiries have definitely increased and the sale of gold-related items is up at his business. “PEOPLE HAVE BECOME aware of the value of gold and want to own gold jewelery,” he said. “The trend now is toward yellow gold, although white gold is

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JOE FERGUSON Senior vice president

First Citizens promotes Ferguson, Tzouanakis

Daniel T. Smith, president of First Citizens Bank and Trust Co., Greencastle, has announced the promotions of Suzanne Tzouanakis and Joe Ferguson. MRS. TZOUANAKIS. formerly with the bookkeeping staff, is now acting as assistant cashier and is responsible for the operations of the bank’s bookkeeping department. She has been with the bank since 1974 and was born and raised in Greencastle. She has three children, Michael, Stephanie Gardner, and John Her husband, Michael, is a

The last dollar estimate on the 12,000acre recreation area project, which was scheduled to come within a quarter mile of Greencastle’s northeastern door step, was more than $lO million. With inflation everincreasing, that, no doubt, is a few million shy of the current figure. “It became evident,” Thomas added, “that if the project went in with state cooperation, then the state was going to have to come up with a $45 million share. There’s no sum like that available in the foreseeable future. We can’t even keep our roads in shape and provide adequate funding for education.” REP. THOMAS. WHO expressed doubt over the merits of such a deauthorization bill in 1977, said he decided to sponsor the legislation this time because “the spoken opinion has been very anti-Big Walnut project. By sponsoring this bill, I feel I am fulfilling the wishes of my constituents. Of course, there may still be some people who favor the project, but they are the unspoken opinion. None of them have expressed that viewpoint to me.”

the same price. But the customer preference is toward yellow in the last few years. I’m also getting numerous calls for appraisals as a result of the awareness of the value of precious metals. “Silver, however, has made the biggest jump of the two metals. Gold has increased about five times over the last three or four years, but silver has increased 12 times in value. We’re talking of gold going from $l4O an ounce to $722. while silver has gone from $8 to $50.” Hammond commented Thursday before gold topped SBOO. “I look for sterling to continue to increase and there are predictions that it will go to SIOO an ounce, but I think gold may come down. I would recommend that if people have old mountings, old silver flatwear or scrap gold that they don’t want or that doesn’t have sentimental value that they might cash it in. But they should be aware that gold is not always pure and neither is silver and the price is based on carat weight of gold and pure sterling silver. “IT MAKES SENSE that a scrap sugar or creamer set that is pure sterling will be worth considerable just on weight of the Col. 6, back page, this section

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SUZANNE TZOUANAKIS Assistant cashier

principal at Northeast Elementary School. After serving in various management posititions since 1962, Ferguson, Route 4, Greencastle, has been promoted to senior vice president and trust officer. HE HAS COMPLETED several AIB courses, attended the National Trust School, at Evanston University, and will graduate this year from the School for Bank Administration at the University of Wisconsin.