Indianapolis Recorder, Indianapolis, Marion County, 23 August 1997 — Page 22
PAQE D2
THE INDIANAPOLIS RECORDER
SATURDAY, AUGUST 23,1907
BUSINESS BRIEIS City/S tat* PSM acquires Cincinnati based professional employer In a move to continue its expansion into the Eastern Region of the U.S., Professional Staff Management, Inc. (PSMI)—with offices in Indianapolis — today announced it has acquired Performance Associates, Inc., (PAI) a Cincinnati, Ohio-based professional employer. Terms of the acquisition were not disclosed. Established in 1985, Performance Associates quickly became the premiere staff leasing PEO in the southwest Ohio market. PAI currently serves clients in Ohio, Kentucky, Indiana, Michigan and West Virginia. In 1996 the company generated annualized revenues of $30 million. Indiana executives reveal widespread optimism for economy Indiana executives are overwhelmingly optimistic about the economic outlook for the next six months, according to Bank of America’s Midwest Business Monitor, a semi-annual survey of top executives at mid-sized businesses (annual revenues between $50 and $250 million) in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio, and Wisconsin. In a dramatic rise, 71 percent of executives in Indiana are optimistic about the national economy, compared to just over 50 percent of executives who expressed confidence six months ago. Only six percent of Indiana executives are pessimistic about the national economy for the remainder of 1997. The overwhelming optimism toward the immediate economic future is shadowed by many who expect that this robust economy cannot continue indefinitely, and predict that the economy will be in for some sort of correction in the near future,” said Marcus W. Acheson IV, executive vice president and head of Commercial Banking in the Midwest. Nation Court considers BP challenge to discrimination award BP Oil Co. asked a federal appeals court to throw out a lower court’s $630,000 award to a Nashville, Tenn., businessman who said the company denied him gas station franchises because he is Black. Lawyers for Paul W. Harper countered by asking the 6th U.S. Circuit Court of Appeals to increase the damages to further punish the Cleveland-based oil company. Judges Richard Suhrheinrich, Robert Krupansky and Gerald Rosen heard the arguments Thursday. They did not say when they will rule. Harper’s lawyers did not specify how much they want damages increased. They said the current amount- which included $350,000 in punitive damages - isn’t enough to keep BP Oil from committing similar wrongdoing. BP Oil lawyer Curtis Mack
said the appeals court should throw out U.S. District Judge John Nixon’s 1995 finding that the company discriminated against Harper. Mack said Harper failed to prove his case. State Farm grants $1.2 million to National Urban League State Farm Insurance Companies will team with the National Urban League and the National Newspaper Publisher Association in a program to promote youth achievement in urban communities. State Farm’s $1.2 million, three-year grant in support of the Urban League’s Campaign for African American Achievement program was recently announced at the league’s annual conference in Washington, D.C. The grant will fund Achievement Matters, an informational campaign that will work to increase community awareness of and involvement in youth achievement; to combat antiachievement culture in African American communities; and to stress to adults and community leaders the importance of emphasizing youth achievement. New Tax and Spending Legislation Benefits Investors Congress has passed landmark legislation that provides the biggest tax cuts in 16 years and is projected to balance the budget by the year 2002. There are two portions of the tax cut bill that spell good news for investors according to Bill Marler the investment representative of Edward Jones located at 86th and Ditch. First the top rate for capital gains was reduced
from 28 percent to 20 percent for securities held longer than 18 months. For securities purchased after the year 2001 and held at least 5 years the top rate will be 18 percent. This break for assets held five years rewards investors who adopt a buy-and-hold philosophy. The tax legislation also provides for higher estate tax exemptions and tax credits and savings incentives for college education. The full package is intended to cut taxes more than $150 billion over the next five years. World Rolls wins coals equipment contract JOHANNESBURG, South Africa (AP)- Rolls-Royce said Monday it has won a 37-million-rand (dlrs 8 million) contract to supply materials-handling equipment to the world’s largest coal terminal. Its French-based associate company, Caillard, would supply an 11,000-tons-per-hour continuous ship loader to the Richard’s Bay coal terminal, Rolls-Royce said in a statement. Caillard recently completed the world’s largest port refurbishment contract in Durban for Portnet, and has won a contract from the same company to upgrade cranes in Cape Town and Port Elizabeth harbors. It has also won two more materials handling contracts for Portnet’s Richard’s Bay bulk terminal. A spokesman said Caillard was in the process of setting up an office in South Africa because of the volume of work it was doing here.
Where can senior citizens get helpful information?
We have often been asked for information and literature about services available to our community’s senior citizens. We have had to seek out material about Social Security, old age and survivor’s benefits. Veterans Administration claims, insurance-pro-cessing, wills and retirement-plan-ning. We have become a kind of information center from which senior citizens (or anyone else for that matter) may receive pamphlets. Obituaries Mrs. Lillian Williams Mrs. Lillian (Wood) Williams, 94, Indianapolis, died July 24 at North Capitol Nursing & Rehab Center. She was a seamstress. Mrs. Williams was a member of Jones Tabernacle African Methodist Episcopal Zion Church, where she served as Sunday School Teacher, and one of the Charter members of the Lighthouse Keepers and the John W. Wood/Henrietta Davis Missionary Society of Jones Tabernacle A.M.E. Zion Church. She is survived by her niece, Lillian B. Rowe; 2 great-nieces, Constance B. Palmer and Sharon O. Brooks; 2 great nephews. Attorney John W. Brooks and R. Brian Rowe; nephews, Marie, John Charles and Dr. Arthur K. Spears; 4 great nieces, Ethel J. Hilliard, Marianne Foster, Lillian Hilliard and Ellen Randle.
MONEY Continued from Page D1
which you worked, but you don’t want all your holdings in that one field. Bad news can be an investment signal as well. Some highly touted products have initially been overrated by the investments community, so if you buy such an item and found it disappointing, you may want to consider selling the company’s stock short—betting that sluggish sales of the product will drive down the stock price. But that is a technique only appropriate to those with a strong tolerance for risk—and even then, only for a small part of your total portfolio. Warning: It’s illegal to base your trading decision on insider information about a company.
And it is not at all clear what insider information is. Obviously, if you are consulting with a company, you cannot use what you find out about unannounced new product developments. But even if you have no ties to the company, it is against the law to trade on such information if it was indiscreetly told you during a golf game with a corporate CEO—or even with a friend of the CEO who is passing on what the executive told him. If you are not sure whether something you are told, first-hand or secondhand, from a company official is publicly known, the safest course is simply not to trade on it. Until next week, remember it’s your money, invest it wisely.
Funeral Directors Association
STUART MORTUARY 220! N. Illinois 925-3000 Call about our Pra-Airangad Funaral Plan Cramatlan AvaHabta
WILLIS MORTUARY 632 Martin Lutht-r King
634-5100
1
CRAIG^^
FUNERAL HOME
3447 N. College Ave.
923-1359
PRINTING
Keith Rand Joyce Rand Owners 5410 Emerson Way Suite 3 Indianapolis, IN 46226 Phone 255-2748 9:00 a.m. - 5:00 p.m. Monday - Friday
REMODELING
Aek for William RoomMSoa, WMgm, CiqM Nktai* ind Ma. CmnbSdbg.MlXCa^BaMIl^MillMns. /tffbnm dtaew miEMkRnw or tanoiMhi NO JOB TO BIG OR SMALL CREDIT TEMBAVALABLE ¥ NEEDED
JANITORIAL
J&AlfJhoeS Commardal MuttW SwvicM Ganaral MaintBnanoa—floor, carpen S«vUng:AI Muion County and SunoundbgArw Bonded • Insured • FREE ESTIMATES (317)549-9173
HEATING & COOLING
ButMt* Heating ft Cooing
RETAL CREDIT - BANK TERMS
ana Sales • Service • Instalation • Heating • Cooing • Air Clearors & HumidHiers 322-1250* 4420 E.21«t Street
For Advertising Rates Call 924-5143
CONTRACTORS
Designers View RomodnOng ft Construction Co., Inc. ‘Tbermel Windows A Utettme Vinyl Skfing 'AaoodnmekbMatlhmBtodoMotolm&nt 9 EGcia6mlB*7’A Room Additions Rooflna Kitchens nadwoonia Comoteta Bactricai Service e^weeeeee a^a^epeeweee^e, isassaiueeep , v^sMMU^asa^a, apwessssasasev^vs TiMl Tie flwtiizim New Tinatin biia IrmnnrenemsQsnspsfcsd • Bonded • taued • 100K Financing
1*546-2067
Virgl J. Beamon •
Complete. Dentistry Yon Can TVust Leonards. Scott, P.P.S. Deatlstry for all ages
Teatk Whitening 3532IV. Kayataaa Ave.
CALLTODAY 923-3343
IfrwPmUmmU
•** (fi'i'iil ffr.'ivoii s io Cull Yttivv \<‘l
1. VOICE MAIL - Voice One voice mail is easy to use. It can receive messages while you are on the phone, allow private retrieval of messages, eliminate errors, artd is accessible 24 hours a day. 2. PAGERS - Voice One offers quality pagers at competitive rates Monthly aiitime is only $ 8.95 for state-wide coverage, with the purchase of a pager. 3. PRIVATE FAX NUMBERS - You can have your own private fax number as an option to your voice mailbox for only S 3.00 per month. This • includes 30 fax activities per month.
Call Today! Voice Net 317 297-6655
reading lists and even free advice on “where to find it” for all.manner of important data. , We sometimes speak before adult and school groups on these subjects and others pertaining to funerals. We would be glad to speak to your group. If you have questions on some of these topics, we will try to help you get the answers. There is a wide range of source material, some of which we have and others we can help you locate. This column is published as a
service of Williams A Bluitt Funeral Home, 2451 Dr. Andrew J. Brown Ave., Indianapolis, IN 46205; (317)923-2381.
PROFESSIONAL SERVICES
ATTORNEYS
SANDY LEVITICUS BRYANT 1403 N. Mawara St (317) 464-1463 Fax (317) 632-1671 •Aulo-TUrok-Motorcyd# Acddants •SIpAFtf Acddanta -Wrongful Death Actiona
FINANCIAL
PRDMER FUNDING ASSOCIATES 6809 Adamson Court (317)326-6367 1-600-7BM207 OMAMUICBfcidMfMIMiRNlErtfc
KILPATRICK KILPATRICK
Ona North Rannayluania. SuMa 900 (317) 236-6060 • Raraond and buainaaa lagai aervices • Providing lagal sarvicaa to tamiies and bu si nest tinea 1948 ATTORNEY BERNARD MUFF 2S11 Eaat 46th Steel • Suite R-1 (ndtanapoNa, IN 46206
542-6540
Accidents, WMs, Guardianship, Raai Estate, Divorces, Contacts, Business Mallera and MedMon
A ^ *» - *» — re rMinay nwDBOD
EtMbMwdin 1S71
(« SMptwn L KtpakUu
A OUDEMAN Aton^aiM)
Stephan L KM patriot Also Hetnssti In Roftds
Staph an la KNpatHck Gudaman
Jay M. Gudaman
General Practice concentrating
in Personal Injury
634-2000
The Gold Building 151 N. Delaware Suite 2010 CRIMINAL CASES JUVENILE CASES ATTORNEY GOTKIN 259-4409 over 10 years experience. EDGAR B. SEARCY Injuries from Automobile Accidents (317) 756-7825
HOME HEALTH SLPVICE
NEW HOPE HOME HEALTH SERVICE, INC. CartHied Home Health IkttNiBMtwaaiaaMBiantfMkGNissbar •RNV Physical Thanpat •OnptrinalThtapal • Social Workers • Home Heatti Aids MEW—“BATH mi SEAL SPECIAL’ 3231N. MarMan SL-SuMa 400 (317) 921-4836 (FAX) 921-8975 *A Wear Haaflh Cara AOemsrthe* EEOC
INSURANCE
DERRICK L SENTRY AMERICAN FAMLY INSURANCE 4M* Mmm AMMaMHlA Uh 5555 N. ISBoma Asa, 9a. 101 tndana)alis.M 45225 OFF. (317) 286-6322 RES. (317) 299-4883
ERRY HUTCHMSONl
AMERICAN FANSLY INSURANCE AUTO. MOMS, use, tutsan, HSAATM asts HOLLISTER DRIVE INDIANAPOLIS. 0t 4S2M OFF 317-2SS7502 RES: t17-St7-atSS -Vsa I MAKE HOU8ECAUS*
n
BANKRUPTCY
DEBT FREEDOM YOU HAVE RIGHTS!
William Price INSTANT PEACE OF HINDI! 'tadblscMaiadlblioae PI*rt-LaMtoyo»rMnrtai peaMjbNdeihdrt'kap rtM (Mm Caa)aN0BUS FASTI WfcsaidaiadfcNpaaqNeni 11 US. Co*. FOR FREE INFORMATION CALL 2694970 -A. Sms aitV.
CHIROPRACTOR
CONTRACTING SERVICES
DR. PAULA SUNDARD
M19Dr.MalinUtarKingJr.flL AMRdg Me Ratal HytaflagpipidreaMaa
DONALD L. OLDHAM, JR., LUTCF Allstate inauranca Company 7455 W.IOIh Street Indianapolis, IN 46214 Bus. (317) 271-1844
INVESTIGATIONS
ALLEN NH00E3 i A6S0CUTES, MC. 8500 Keystone Creasing Suita 160
Indiana pels, Indiana 46240
Offlce (317) 252-3092 Fax (317)2594674
Badigmund Checks-CivVCriminel Surveillance • CMd Custody A Mom
LAW OFFICE
BENEDICT L. SAMAI RACIAL DISCRIMINATION EMPLOYMENT DISCRIMINATION ACCIDENT / INJURIES CRIMINAL DEFENSE 317 927-0002 1-800-LAW-9789
LAWN CARE
KNIGHTS LAWN SERVICE
Payment Plant Amiable 926-5670 Serving Mmw Since leeo
COMMUNICATION
C WILLIAMS 545-9990 ’Dependable Service Al A Great Price.’
PHOTOGRAPHY
flat feflMaddMrife Mar* NkSMaAIMpBatai
n
APjam-cam
FREE 2( axpoi
9 CamCwdhgChi RMiFBfca,VM9*,Efc
I ENTERPRISES 1 (317) 545-6961
124 FREE 24 RxpMUfM wfth di occMioni
'catvConfingChUantAdiA,
PNctmil: (317)4794919
or 1400-791-1247 24-Hour Sarvlea
Offlot: (317) 291-5002 Fax: (317)211-5992 Uod® Itoeto
MponaJWsedWMg-Madams, Conyutoi "Over 25 yeere experience" JON LASWELL (317)621-6146 FAX (317) 6I1-3I60
COUNSELING
JACQUALYN R GREEN
Counseflng.ConsuMng A Training 4755 Kingaway Drive Suite 300 Hours By Appointment (317)257-6773
DENTISTS
tM9|R6*t*Mkp(t YOU Nli.BEHAPPY
PHYSICIANS
PAUL TERRY BATTIES, M.D. Cardiovascular Diseases 1633 N. Capitol Ave. 0610 •24-1001 Answered 24 Hours Office Hours By Appointment VICTON N. EOWU, M.D. (Mtapadb Surgery 3266 N. MorkSan, Suita 506 (317) 920-0204 24-Hour Answering Service 240-8518 ■ETTYE-JO RAWLS LLOYD, IUI Eye Phyaidan & Surgeon Methodist P roles tionai Center 1801 North Sonata Btvd. 4620 Indwnapois, IN 46202 317-926-6699
Unbgr-Kday-BUia (NiaaaF0AapptDwdmtdtaiQit-NaaNiai4bla| 3737 North MarMan Stoat By Appointment *923-4642
PODIATRISTS
2414 ILCapNel Avenue 423.3614 926-7073
IToMstiii ol tie Tool and Aitds 3231 N. MarMan, Suita 700 Most Inauranca Aocoplad
btaurawea Aeoapted
MORTGAGE
EMPLOYMENT
(317)833-6241
AjMAKEPROGMMJ PURCHASE IRBIIINCNG | •mUMJC-MMA | ■'JMSCr IWVESW
BUN