Banner Graphic, Volume 13, Number 120, Greencastle, Putnam County, 27 January 1983 — Page 2

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The Putnam County Banner-Graphic, January 27,1983

Surveying the surroundings through his new skylight, Arthur Carr has a window on the world, courtesy a passing airliner. The hole was

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made by a large chunk of ice, which apparently fell from a plane that passed over the Van-

Biggest-ever quarterly loss

Bethlehem Steel loses sl.l billion

c. 1983 N.Y. Times NEW YORK - The Bethlehem Steel Corp. Wednesday reported a fourthquarter loss of $1.15 billion, reportedly the biggest quar terly loss ever for a United States company, resulting primarily from the shutdown of its basic steelmaking operations at Lackawanna, N.Y., For the year, Bethlehem, the nation’s second-largest steel producer after the United States Steel Corp., reported a loss of $1.47 billion, believed to be the fourth-worst in the history of United States business. Bethlehem’s quarterly and year-end losses, of $1.15 billion and $1.47 billion, came on quarterly and year-end revenues of $1.03 billion and $5.3 billion, respectively. For the 1981 fourth quarter and full-year, the company had profits of $31.1

Banner-Graphic "It Waves For All" USPS 142-020) Consolidation of The Daily Banner Established 1850 The Herald The Daily Graphic Established 1883 Telephone 653-5151 Published daily except Sundays and holidays by LuMar Newspapers, Inc. at 100 North Jackson St., Greencastle, Indiana 46135. Entered in the Post Office at Greencastle, Indiana, as 2nd class mail matter under Act of March 7,1878. Subscription Rates Per Week, by carrier »1.00 Per Month, by motor route *4.55 Mail Subscription Rates R.R. in Rest of Rest of Putnam County Indiana U.S.A. 3 Months ‘13.80 *14.15 *17.25 6 Months *27.60 *28.30 *34.50 1 Year ‘55.20 *56.60 ‘69.00 Mail subscriptions payable in advance . . . not accepted in town and where motor route service is available. Member of the Associated Press The Associated Press is entitled exclusively to the use for repubtication of all the local news printed in this newspaper.

million and $210.9 million, on sales of $1.6 billion and $7.3 billion. Bethlehem, along with others in the industry, is suffering from a severe drop in demand for steel to record low levels. As a result, Bethlehem last year was operating at 48 percent of capacity, down from 76 percent for 1981. Bethlehem’s steel shipments dropped3o percent last year, to 8.15 million tons from 11.57 million tons for the previous year. In announcing its 1982 earnings Wednesday, Bethlehem’s chairman, Donald H. Trautlein, said that “the economic recovery that we thought would materialize by late 1982 has not occurred.” And “1983 will almost certainly not be a good year,” he added. Bethlehem's 1982 loss was the highest ever for the company, more than doubling the

Stay the course? College classes try to help the jobless

By LEEMITGANG AP Education Writer Colleges and universities, responding to the troubled economy, are starting to provide direct help to at least some of the nation’s 12 million jobless, offering tuition-free courses, job counseling and retraining. Economists generally agree that many of the jobs lost by America's unemployed especially in heavy industries like autos and steel are gone forever. Such workers desperately need retraining for jobs in growing new fields such as microelectronics. Some schools have formed partnerships with state governments, private foundations and industry to provide the new skills unemployed workers need to get back to work, as well as career counseling and other services for the jobless. “II you are being laid off in autos or steel mills, it‘s highly unlikely that there'll be new jobs in those areas. We’re saying take time to think about it," says Vilma Allen, director of continuing education at Fairfield University in Fairfield, Conn., which for a S7O fee has been giving career counseling to laid-off teachers from nearby Bridgeport.

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couver home Sunday. Fortunately, there were no injuries. (AP Wirephoto).

previous record loss of $448 million in 1977. according to the company. But Charles Bradford, a vice president and steel analyst with Merrill Lynch, Pierce, Fenner & Smith, found a bright spot in the company’s financial report. He noted that fourth-quarter operating losses “fell significantly” from the third quarter from $lO4 million to $76 million despite a decline in volume of 12 percent. “This shows cost reductions,” he said, “that Bethlehem is beginning to get costs in line.” Moreover, he noted that the bulk of the fourth quarter and full-year losses for 1982 were not from operations The company said they were primarily attributable to the restructuring of its operations, which resulted in the company taking a pre-tax loss of $930 million for the quarter and $1.05 billion for the year.

Career planning centers like the University of Fairfield’s are perhaps the most common form of help higher education is offering the unemployed. Most, such as New York University and Kansas State University, provide help with job seeking skills like writing resumes and interviewing. Massachusetts announced last week it was putting up $1 million to provide free tuition this semester at campuses around the state to help retrain as many as 3.000 unemployed. The state came up with the money after Greenfield Community College made a tuitionfree offer to the unemployed earlier in the month and was overwhelmed with applicants. Also last week, Bradford College in Haverhill. Mass., announced it was offering five full scholarships to children of the unemployed starting next September. Pennsylvania, where tens of thousands of steel workers have been laid off, plans this year to establish "Ben Franklin High Tech Centers" that will use $1 million in state grants to help universities retrain workers for jobs in emerging industries such as microelectronics and biotechnology. Lehigh University, Carnegie-Mel lon Univer-

A company spokesman explained that the primary restructuring was the closing of the basic steelmaking operations at Lackawanna. In addition, he said that the company had a $l2O million nonrecurring loss from the closing of the electric furnaces and rolling mills at a small steel plant in Los Angeles. At Lackawanna, the company closed its fourth-largest plant, which had been operating since 1900 During the 19605, the plant employed 22.000 steelworkers, but as the demand for steel declined, the workforce shrunk to 8,600. With the closing last December, 7.300 workers lost their jobs. The company has said that it will continue to operate its galvanizing line, a bar mill at Lackawanna that supplies materials for the construction industry.

Report links troops to mass murders

WASHINGTON (AP) - The Reagan administration, in its report on El Salvador’s human rights progress, says Salvadoran military forces were implicated in two mass murders late last year. The State Department cited evidence of military involvement in the two incidents in a report to Congress last week, which concluded that despite continued problems, the Salvadoran government “is making a concerted and

Pacific storm blamed in seven deaths, mudslides

By The Associated Press A bruising Pacific storm slammed inland today after destroying seaside buildings with barn-sized waves, forcing dozens of coastal residents to evacuate, darkening 100,000 California homes and closing two highways with heavy rain that sent rivers overflowing. The string of coastal storms which began Sunday is already

Reagan serious in tax remarks?

WASHINGTON (AP) - Surprised White House aides say they’re “not seriously considering” President Reagan’s suggestion that corporate income taxes be abolished, describing it as “just something he threw out. ” Reagan, in a meeting with businessmen in Boston Wednesday, remarked off-the-cuff that the corporate tax is unfair to American business and “there really isn’t any justification for it.” His aides seemed taken aback. “We’re not seriously considering it,” said David R. Gergen, the president’s assistant for communications. “There’s no study, there’s no plan. It’s just something he threw out,” said Larry Speakes, the deputy press secretary. “It was nothing that had ever been discussed at the White House.” Reagan told reporters he did not plan to submit legislation to abolish the tax, but added: “I said it was something to study and look at.” Speakes said none of the White House staff who accompanied Reagan to Boston heard him make the suggestion during a public meeting with the Massachusetts High Tech Council, a group of high technology businesses. Reagan’s comments came at the end of a four-hour trip that began with stops at a minority job training center, computer factory and an Irish pub, where he took one sip of beer. Reagan wound up at the Millipore Corp., in Bedford, Mass., for a meeting with the High Tech Council. He dropped his surprise suggestion at the end of the long session in a crowded room with an inadequate sound system. Seated at a table with about 15 businessmen, the president said: “I realize that there will be a great stirring and I’ll probably kick myself for having said this, but when are we all going to have the courage to point out that in our tax structure the corporate tax is very hard to justify its existence?” Instead, he said, corporate profits should be distributed to stockholders in the form of

world

sity, Pennsylvania State University and the University of Pittsburgh are among the schools that have submitted proposals to set up Ben Franklin centers. Michigan State University has begun a program to teach that state’s jobless how to start home businesses such as baking and clothing alteration. MSU has also started a “stress management program" for unemployed farmers to help prevent them from becoming alcoholics or committing suicide. Several colleges are offering tuition-free courses to the unemployed. Since November. Mount Aloysius Junior College, in Cresson, Pa., has offered free career development courses and a general studies course to the poor and unemployed in Cambria County, an area of high coal and steel unemployment. “Teachers have volunteered extra hours to do this,” said Sister Kathleen Mary Smith, dean of student services. A semester of tuition-free college courses is being offered by Sacred Heart College, a tiny liberal arts school in Belmont. N.C., where nearby textile mills have fallen on hard times.

significant” effort to protect human rights. That certification, required by Congress every six months, cleared the way for at least $26 million in military aid to the Salvadoran government in its war against leftist guerrillas. The department’s report cited evidence that members of a Salvadoran civil defense unit kidnapped 11 peasants from the “La Florida" farm cooperative in Santa Ana province on Nov. 20.

blamed for seven deaths. Wednesday’s violent weather was only the vanguard of a still worse storm expected to hit today. In unusually forceful language, the Weather Service warned people who lived near creeks and rivers in Northern California that they might have to “act quickly to save yourself and those who depend on you. You may only have seconds.”

dividends. The stockholders then would pay tax on the income. Some business leaders have raised that suggestion in the past, contending the current system of levying a 46 percent tax on corporate profits and taxing dividends as well amounts to double taxation of corporations. The Office of Management and Budget estimated last July that corporate income taxes would yield $58.3 billion in the current fiscal year, ending next Sept. 30, and will account for 9 percent of all federal tax revenues. The corporate share of federal tax receipts has been declining in recent years The president said abolishing the corporate income tax would be “a net gain to the government all the way around if we would look at that instead of sticking with what is literally a myth about corporations and what the taxing policy should be.” Dee d’Arbeloff, president of Millipore, a health technology firm, told Reagan the issue was under serious study by members of the American Business Council. On his trip, Reagan touched several political bases by visiting a predominantly black neighborhood and a blue-collar neighborhood. At the Opportunities Industrialization Center, Reagan said high technology industries were the “vast frontier of opportunity” at a time when smokestack factories are closing and workers are becoming displaced. The federally funded center trains minorities for jobs. “This is the future, and you're part of it,” the president said after a tour of a Digital Equipment Corp. computer plant. Reagan’s motorcade made a seven-mile detour for the unscheduled visit to Eire Pub in the white, working class Dorchester section. Asked the reason for the surprise stop, Speakes said, “He wanted a drink. ” However, the president took just one sip irom a mug of beer after shaking hands with men sitting on barstools. He offered the bartender $2, but it was refused. “He'd like to do more of that,” Speakes said.

The college received a SIOO,OOO grant from a local yarn mill, R.L. Stowe Mills Inc,, and $50,000 from the Joseph M. Bryan Foundation in Greensboro. N.C. Thirty-five jobless people took free courses in October, when the program began. About 80 are enrolled in the second session that started this month, taking courses like "Introduction to Business Management" and "Career and Life Planning.” Texas A&M University is operating an “Oil Rig School” in the Abilene area that is training unemployed workers for jobs as roughnecks paying $30,000 or more. A group of oil and exploration companies donated the rigs, equipment and land for the program. “A lot of folks from Michigan and other depressed states who migrated into Texas looking for job opportunities are taking advantage of this program." says Milton Radke. who heads the school’s program. He says the waiting list to get into the Oil Rig School, which graduated its first group a year ago December, has reached 3,000 despite a S6OO tuition fee. But the cost seems worth it, since all 200 rig school graduates now have oil field jobs.

Four of the peasants escaped, but the other seven were tortured and killed, the report said. Eyewitnesses to the kidnappings have claimed that the raid was carried out by 150 army soldiers and that the bodies were found mutilated. The 69-page report also recounted “allegations of military misconduct by the regular army” in Usulatan province on Nov. 22. The report said Salvadoran soldiers lined up residents of Santa Elena in

The storm whipped down the Pacific Coast and was expected to cross the Rockies today, reaching western Wyoming and Montana. In the Midwest, meanwhile, heavy snow made driving hazardous and two traffic fatalities were reported in Missouri. Near Redding, Calif., a mudslide W'ednesday shoved two pickups, a bulldozer and a bus

the town plaza “and through an informer selected between 12 to 15 young men. “These young men were taken away in two olive-drab colored vehicles. Their bodies were found along the adjacent highway the next day.” The report described the two incidents as “smaller scale abuse” compared to “substantiated reports of more widespread abuses” that resulted from Salvadoran military operations

carrying Shasta County prisoners down a 60-yard ravine and into a creek, killing a county employee, public works crewman David Waterman. The prisoners had been trying to clear a flooded road choked with mud. To the east, up to half a foot of snow fell in Kansas, causing scores of rush-hour accidents in Kansas City and St. Joseph, Mo.