The Mail-Journal, Volume 16, Number 17, Milford, Kosciusko County, 16 May 1979 — Page 3
Fi 01 { i 4kJ: ** Jr. 4| I Jr HHFaEK uflk» jT »*$ vB ANNUAL ARTIST-OF-THE-YEAR TRIP — Mr. and Mrs. Tim Ringler accompanied three students from Syracuse Elementary School to the Indianapolis annual artist-of-the-year trip May 5. The students, pictured above from left to right are Ann Alford. Amy Kammerdiener and David Kistler, earned points throughout the school year for cooperation, clean-up and extra-credit art projects done outside of class. All of the students in the fifth grade participate and the top three individuals are awarded a trip to either Chicago or Indianapolis. Sites visited by students this year were the Indianapolis Art Museum, the Indianapolis 500 track and museum, the Children’s Museum, the Scottish Shrine and various other historical sites in downtown Indianapolis. Projects completed by these students and other fifth graders will be displayed at the Fine Arts Festival held at Syracuse Elementary and Junior High Schools, May-22, 6:30 to8:30.
Lawn publications from Purdue
Purdue publications are available free of charge to Indiana residents to help with yard and garden questions and problems. Most publications are available to Indiana residents at county offices of the cooperative extension service. Persons may order in person, by phone or mail If the county extension office does not have the publication requested, send an order to: Agricultural information Agricultural Administrative Building Purdue University West Lafayette, Ind 47907 Publications should be
Let's Talk About Capital Costs, Energy Supplies and Earnings What do utility capital costs and earnings have to do with adequate energy supplies? Actually, quite a lot. Let s look at the facts.
Utility Capital Requirements Electric utilities are more capital-intensive than any other industry, including steel and oil. They require between $3.50 and $4.00 of investment for each dollar of revenue received. Other industries require only about 75 cents of capital investment for each SI.OO of revenue. As a regulated industry, utilities are only allowed to earn a return on their investment sufficient to pay for their cost of money. This rate of return is a ceiling and not a floor. About 60 per cent of the money needed to add plant and equipment each year must be obtained from the money ' market through the sale of securities—stocks, bonds, debentures, etc. To meet the energy needs of consumers, utilities cannot postpone construction and replacement just because the cost of money is high. Most of the $1.9 billion NIPSCO has budgeted for new facilities in the next five years will have to be raised in the money market. And NIPSCO must pay whatever the money rates are. Our success in obtaining this money depends upon earnings since earnings determine our ability to pay our debts. If a utility’s earnings are inadequate in the eyes of the lender, money becomes hard to obtain and interest rates go up. When money is not available to build facilities, the bottom line is an inadequate supply of energy and deteriorating service. WHERE EACH NIPSCO DOLLAR CAME FROM Industrial 585® / Ji. n Li / - 11 ii Ji w /J y W —Z-. Commercial 89C Other 3.3® UT7amings" or net income-is the amount of money ILremaining after all the expenses, interest, taxes and other costs have been deducted from the total amount received from the sale of services. The above charts show where each SI.OO of NIPSCO's revenue came from in 1978 and how each was spent. Here in the “Workshop of America,” where heavy industry produces the jobs for a growing economy, industrial customers provided almost 60 cents of every dollar NIPSCO received in 1978. while residential customers provided 30 cents.
TO SERVE WE MUST BjJILD; TO BUILD, WE MUST BORROW; TO BORROW, WE MUST HAVE ADEQUATE EARNINGS. Nortshenn Indiana Public Service Company Paid for by the Stockholders of Northern Indiana Public Service Company
requested in a letter or post card Order by publication number and be sure to print name and address clearly on the request. Indiana residents may order single copies of up to 10 different publications free of charge The following landscaping publications are available: Landscaping — Landscaping at home I HOI 11. landscaping at home II HO-112 * .a landscaping at home 111 HO-113 Lawns — Ten steps to a good lawn AY-1, lawn care programs AY-2, starting a lawn AY-3, fertilizing lawns AY-4, varieties and mixtures for lawns AY-5,
Donald Sloan is sentenced Circuit Court Judge Gene B Lee sentenced David Eugene Sloan, 22, SR 15 Milford, to a twoyear term, Tuesday, May 8, to the Indiana Department of Corrections. He pleaded guilty to the charge of theft, a class D felony, after a plea bargain with his attorney and the prosecuting attorney. The burglary charge, class C felony, will be dismissed. On November 29, 1978, Sloan was charged after allegedly breaking into Louie’s Bar and Grill, Syracuse. While on the witness stand the Milford man stated that he knew he had committed a crime and that he would probably be sentenced The defense attorney suggested the sentence could be arranged so that Sloan could be home during the week to provide for his family. The judge held with the two-year sentence and remarked that the defendant had extremely good breaks in the reduction of the charge, and dismissal of the burglary charge which could have been an eight year sentence.
zoysia and bermudagrass for midwestern lawns AY-6, watering lawns AY-7, mowing, thatching and aerifying turf AY8. broadleaf and viney weed control AY-9, crabgrass and annual grass control AY-10. control of creeping weedy grasses AY-11, tall fescue and bunch grass control in lawns AY--12, sodding and renovation of lawns AY-13, improving lawns in shade AY-14, maintenance of bentgrass AY-15 Lawn diseases — Rust of merion bluegrass BP-7-2, lawn diseases in the midwest NC-12. lawn weeds and their control (50 cent charge) NC-26
Energy Supplies and Service Here in northern Indiana, the need for electric energy both in peak demand and kilowatt-hours-is expected to grow at a rate of about six per cent per year between now and 1985. To meet present load and this growth. NIPSCO must modernize. replace and build new’ generating and transmission facilities. Any delay will seriously affect its ability to meet the energy needs of customers. TOTAL COMPANY MONTHLY MAXIMUM DEMAND 2600 | I j ... z— —r —™ — . —jrrrffi' ■2O) . “ ’ ~~~~~ I i ’«» 1006 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 YEAR NIPSCO believes that a shortage of electrical energy in this highly industrialized area would seriously disrupt the economic well-being of all of the people living and working here. To prevent this from happening, we must plan and build now to be ready to serve whenever and wherever required. To do this we must have sufficient earnings to attract the money necessary to enable us to build. WHERE EACH NIPSCO DOLLAR WENT Taxes B.B® Dividends 6.3® ! I '-O if ll Operations and -tl s la Maintenance7l® L :: /i Interest and .Other Deductions 3.5® I Depreciation 5.3® s auw*' Fuel an( j X i Purchased Energy 60.0® Payroll 88® „ / k Retained in the Business 02® As for expenses, fuel and purchased energy take the zVbiggest share of NIPSCO's revenue dollar. The next two largest items of expense are labor and taxes, with other expenditures making up the balance. 1 From the chart showing “Where Each NIPSCO Dollar Went.” you can see why we must rely so heavily upon borrowed money for new plant and equipment. r Last year only two tenths of a cent from each dollar was left for reinvestment in the business.
B. J. Crowley's HOROSCOPE
Week of May 20,1979 GEMINI-Tbe fun loving Gemini is almost always popular with peers. Variety is the spice of life for him. Most possess a quick mind. His greatest weakness Iles in the fact that he is often a nonconformist. GEMINI - May 21 to June 20--Responsibility is suddenly thrust upon you. Although the going may seem a little rough in the beginning, you will adjust quickly, getting down to the serious business of improving your lifestyle. CANCER - June 21 to July 22-Someone from the past shows up. You extend an invitation to lunch, which he (or she) readily accepts. Too much water has passed under the bridge for you to have much in common. LEO - July 23 to Aug. 22-Show, a loved one you care with a special gift. An inexpensive item chosen with some thought to the recipiinterests will be greatly appreciated. VIRGO - Aug. 23 to Sept. 22 -A telephone call brings good news. Expect invitations to weddings, graduations, and showers. You may feel as though you are getting more of these than your fair share. LIBRA - Sept. 23 to Oct. 22—If you can, give to a fund that is feeding the world’s hungry. If you are in good health, you might cut out a meal or two each week and give the money you would \ spend.
inergy 60.0®
SCORPIO - Oct. 23 to Nov. 22-Good buys in clothing are everywhere this week. Beware that you don’t buy items impulsively. Make a list of your needs. A few colorful accessories put new life in an old wardrobe. SAGITTARIUS- Nov 23 to Dec. 21-You need more comfort in your home. Look for a comfortable chair and make sure your mattress is comfortable. Re-arranging the furniture could make your surroundings more comfortable. CAPRICORN - Dec. 22 to Jan. 19-Avoid troublesome people. A quiet to life is needed now . Get dow n to the serious business of planning your future. You can succeed AQUARIUS - Jan. 20 to Feb. 18-Plant a small garden of flowers or/and vegetables. You will derive great satisfaction from growing plants. You can brighten up the interior of your house with plants that b'oom. PISCES - Feb. 19 to March 20--A telephone call from 41 member of your family brings good news. Out-of-town guests could give vou a pleasant surprise. - March 21 to April 20-A creative project forces you to become less involved in civic affairs. You enjoy immensely the time you spend on the endeavor, which will prove to be extremelv lucrative later on. TAURUS - April 21 to May 20-A close friend shows loyalty. You can show your appreciation by giving them a small gift. A book on a subject in which they are interested will be well received.
Lakeland school activities Thursday. May 17 Wawasee Golf — NLC meet at Concord Boys track sectional at Plymouth 4:30 p.m. — Junior High county track meet at Tippe Valley 4:30 p.m. — Wawasee varsity baseball vs Bremen at Wawasee 4:30 p.m — Wawasee JV baseball at Northfield 6:30 p.m. — Adult education at Wawasee Friday. May IN 1:30 p.m. — Honors Awards Program at Wawasee Sunday, May 20 3 p.m. — Commencement at Wawasee Monday . May 21 4:30 p.m. — Wawasee baseball vs Concord at Wawasee 4:30 p.m. — Wawasee JV baseball vs Concord at Wawasee 7:30 p.m. — Track recognition program at Wawasee Tuesday . May 22 3:30 p.m. — Lakeland Corporation sixth grade track meet at Syracuse 4:30 p.m. — Wawasee baseball vs Central Noble at Wawasee 6:30-8:30 p.m. - Syracuse Fine Arts Festival 7:00 p.m. — Family Night Swim at Wawasee f Wednesday. May 23 Girls track regional at Concordia
QUIET! a BOLENS AT ; WORK. • powerful 17 hp Kohler cast iron twin Bolens cylinder engine • patented engine QTI7 Tractor mounting absorbs vibration, cuts engine noise for quiet operation • hydro- 48 „ ant) 54 „ static drive with single pedal forwardreverse • hydraulic lift system puts muscle in tractor attachments H & H Repair Shop, Inc. 1 Mile South *% Mile East Os Nappanee
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NO USE FOR THESE NO MORE — Excuse the play on words, but now that their minds are filled with vast amounts of intellectual tid bits. Wawasee High School seniors Greg Wyant and Brenda Simmons seem to have no further use of their high school textbooks. “ I Graduation exercises on Sunday . May 20, mark the accomplishments of seniors throughout the countv.
34th annual festival set at North Webster
The Lions Club from North Webster, is very busy these days as they begin finalizing the schedule of events for the 34th Annual Mermaid Festival. The dates for this year's festival are June 23rd thrugh the 30th Festival secretary Barb Eastlund has announced this year's festival will be kicked off by the busiest first day in the festival's history Events the first day include the annual Mermaid Ball, a Disco dance, softball tournament, tractor pull, chicken barbecue, motorcycle races and a 5.000 meter run. The slate of events will continue on all with upwards of 40 events having been planned for the enjoyment of all ages. The Mermaid Festival has always been a favorite for the visitors of this resort community. During the week of activities upwards of 100.000 persons will become- involved in what has been referred to as one of Indiana’s most colorful festivals. Helping to preside over this year’s activities will be 1978 “Queen of Lakes’’ Ann Porter. She will also ride through the twohour Mermaid Festival Parade on June 30th on the largest Queen's ■ Conveyance in the Midwest. The "Queen of Lakes ” Beauty Pageant will take place throughout the week including Dewart Lake Association to meet June 3 The Dewart Lake Protective Association’s annual meeting will be held Sunday. June 3. at 2 p.m . at the Dewart Lake Marina Election of officers will be held at this time. The current president of the association is Robert Busch. If unable to attend send dues or contact Betty A Busch, r 5 box 259 Syracuse. Ind. 46567.
Wed., May 16, 1979 —THE MAIL-JOURNAL
informal interviews, bathing suit competition, and of course, the final judging Saturday evening at the North Webster School gymnasium after the festival parade. The contestant must be unmarried and between the ages of 16 and 26 and must be sponsored by a school, band, class organization, community club, chamber of commerce or merchant. Thethe schedule of events during the week also includes a baseball tournament, basketball tournament, frisbee contest, frisbee throw, the Cutie King and Queen Contest, strawberry festival. Tournament of Knights, and of course, the midway of ndes and excitement More information and entry forms may be obtained from the Mermaid Festival Headquarters. P.O Box 11 North Webster. Ind 46555. Festival committee chairmen have been named as follows: Directors — Gary Eastlund. Phil Rinker, Tai Smith and Arden Walgamuth Treasurer — Arden Walgamuth Secretary - Barb Eastlund Publicity — Tim Moser Mermaid Ball — Jim Hemminger and Jim Miller
Rayßuhrt GENERAL CONTRACTOR Residential & Commercial Building Phone: 457-3431 Road 13, Syracuse f Super jx T Flea! / — Super Big Flea Market — \ • Antiques • Arts & Crafts ■ • Collectables • New Merchandise \ Memorial / I Day I 1 Week End L Sat., Sun., Mon. — May 26, 27, 28 V f FLEAMARKET - FREE TO ALL! 1 J FREE PARKING! 1 A Special Reduced Price for . . . s "PRE-CIVIL WAR HOMESTEAD FARM TOUR" . SIOO S Only I Jk Demonstrations: Candle Dripping • Spinning • Weaving MR/ x ,oToD ’“ |t CLARKSVILLE Log Cabin Village Highway 13S "The Indiana Os The 1830 s North Webster Call 134-4111
Amateur Talent Contest — Phil and Karolyn Metcalf Queen's Pageant — Rose Willits and John Harwood Band Contest- — Arden Walgamuth and Don Mort Mermaid Parade — Thurman Rinker Cutie Parade — Phil Payne Merchant's Building — Gary Eastlund Softball and Basketball Tourney — Tim Moser 5.006 Meter Run — Tim Moser AAA AA A 5A 4A 3A sJ^ > $ C 0 AA B C E 2E 3E DE « 3f slt 516 5>6 > _Al3 B- 323 01 JJX i 4E 5E 6E Bus'.' Brown Kids 515 513 611 Shoes A thru EEEE • Boss • Dexter • Hush Puppies • Adidas • Red Wing • Porto Ped • Wnght • Converse • Red Cross • Cobblers • Trotters • Tretorn • Child l-te • Wolverine • Grosshoppers • Nurse Motes • Sebogo .Top Siders • Pedwm • Flee* Air • Pro Keds • Evons • Nunn Bush . Roblee • Herbst • Mossogic • tico» • Doc s • Mellow Motes • Viner • Bear Traps • Frye • Stocy Adorns • Bostonions • Nettleton • Penal io • Dunham • Cobbies • Morgan Mutter Chary « Viw » Amwic— lipmu Doug Pilcher Shoa Store 119/457 3662 - Open 6 D«y», 9T»6 106 S. Huntington St. (SR 13) Syracuso, IN 46567
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