The Mail-Journal, Volume 27, Number 11, Milford, Kosciusko County, 27 April 1988 — Page 19

**"' ii ™‘»'”" 1 •" 9 H Mi IHMMMVa’|H|MBM| ~ mhv ■ JBBUB RS !r W f Ol : BBs l\’ •? s t?e<'/'.>f^ : x'- MB - * x.- x v MUSIC PROGRAM — The Syracuse-Wawasee Rotarians met Tuesday at the Beacon to listen to Varner Chance. Chance gave a lesson on the basics of Music Education. He featured demonstrations of rhythm, harmony and variations. Bob Westfall, area coordinator for Polio-Plus presented Logan Love, the club Polio-Plus chairman, with a certification of completion of the clufts quota for this drive. Pictured in the top photo are Varner Chance and Jerry Riffle, program chairman* In the bottom photo Bob Westfall, right, is presenting the certificate to Logan Love. (Photos by Lewis Immel.)

Plans are finalized for police camps

Indiana State Police, Larry D. Furnas has announced that plans for the 1988 Respect for Law and Career Camps have been finalized and applications are being accepted from students statewide. Although the three to six day camps are held at selected university campuses during June, July and August, students should get their applications in as rooms available are limited. “Those teens wishing to attend this summer’s camp program need to get their application in soon,” Furnas said. “We encourage students to take advantage of this opportunity to learn about law enforcement in Indiana.” The programs teach students to discipline and demonstrate the rewards of hard work and dedication. Campers have the opportunity to learn about criminal justice and law enforcement in general and are able to interact with police officers one-on-one. “The camps are not only set up

ANSWERS ACROSS: 1 Sid 35 fjun 4 Slop 35 Dem 8 Scar 37 Alda 12 Ego 38 Qdds 13 Wino 39 Samba 14 Mole 41 Slav 15 Competes 43 A i ms 17 Amps 45 p ares 18 Tread 49 Dana 19 Tarp 51 Complete 21 Real 54 olds 24 Stole 55 Abel 27 Lick 56 Ate 30 Wash 57 Gist 32 UAR 58 Tine 33 Ido 59 Dam 34 Money DOWN: 1 Sect 27 Lids 2 Igor 28 Idea 3 Dome 29 Commands 4 Swede 31 Seal 5 Lit 34 Maam 6 One 38 Oval 7 Post 40 Blast 8 Smart 42 Apple 9 Compound 44 Scat 10 Alp 46 Read 11 Res 47 Etta 16 Park 48 Seem 20 Ashy 49 Dog 22 AWOL 50 Ali 23 Lands 52 Obi 25 Laud 53 Men 26 Eras

to provide a valuable learning experience but to also promote comradery and recreation,” said Ernie Alder, Youth Services director. “The students are encouraged to participate in team sports or swimming during freetime from the classroom,” added Alder. The camps are held at five major universities in Indiana which for many teens, provide their firet contact with higher education. “There is a strong emphasis on education and many times, those few days at camp will help the kids decide to go on to college after high school,” Alder said. Some campers go on to become law enforcement officers, attorneys or some facet of criminal justice. If you or your child would like more information about the Indiana State Police Youth Services Programs, contact a school guidance counselor or write to ISP Youth Services, P.O. Box 89, Cambridge City, 47327.

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Dana reports record sales

Dana Corporation reported record sales oj $1.23 billion for the first quartefof 1988, a 23 percent increase over first quarter 1987 sales of >sl billion. Dana’s previous high sales for any threemonth period occurred in the fourth quarter of 1987 when the company reported sales of SI.OB billion. Net income for the first quarter 1988 was $35.1 million compared to s3l million reported for the first quarter 1987. Earnings per share for the first quarter 1988 were 86 cents, up 25 percent from the 69 cents originally reported for the same period in 1987. Dana Corporation, during the fourth quarter of 1987, adopted the Financial Accounting Standards Board Opinion 96 which deals with deferred income taxes. This adoption required the company to restate the financial results of the first three quarters of 1987. The company also adopted FAS 94 in 1988, which requires consolidation of all majority-owned subsidiaries. The results for the first quarter of 1987, restated for both changes, were: sales, sl.Ol billion; net income, $46.1 million; and earnings per share, $1.03. The restated net income and earnings per share include the cumulative effect on all prior years of the change in accounting for taxes. Dana reported increased sales in all of its markets. Sales of vehicular components to the original equipment manufacturers were 21 percent higher than a year ago, led by a 40 percent increase in medium and heavy truck components. Aftermarket sales rose 25 percent in Three arrested at Syracuse One person was charged with operating a motor vehicle while intoxicated last week while two others were arrested for public intoxication in Syracuse. Charles A. Powers, 32, Warsaw, and Donald E. Ditton, 26, Warsaw, were both arrested after police found them in a public place in an intoxicated state at 12:37 a.m. Saturday, April 23. Randall A. Cook, 40, was arrested for OWI at 11:30 p.m. Thursday, April 21, after Syracuse Police observed him failing to yield the right-of-way at Huntington Street and Bowser Road.

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the automotive distribution market and 28 percent in the truck parts distribution market. Sales in the company’s mobile off-highway markets increased 26 percent from a year ago, while sales to Dana’s industrial equipment customers increased by 16 percent. International sales recorded the largest percentage gains during the first quarter of 1988. These sales, led by highway vehicle components and automotive and truck distribution, were 43 percent greater than last year, including the effect of changes in foreign exchange rates, and accounted for 24 percent of Dana’s consolidated sales for the quarter ending March 31. Gerald B. Mitchell, chairman and chief executive officer, said, “One year ago we reported the first billion-dollar quarter for Dana Corporation. We now have had five .consecutive billiondollar quarters, and it appears at this point that our second quarter sales this year will be comparable to this record first quarter. Our customers’ schedules for original equipment and replacement parts in the vehicular, industrial and mobile Seminars set on log homes Wilderness Log Homes will hold a series of seminars for individuals interested in log home building on May 7, May 21 and June 11. The seminars which are open to the public will be held at the firm’s offices and mill in Plymouth, Wis., and will run from 10 a.m. to 3 p.m. Featured will be a presentation by professional log home builder, Dale Clark of Madison, Wis., question and answer sessions, an in-depth look at a model log home, an actual construction demonstration, and a tour of the firm’s mill.

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off-highway markets are strong through the second quarter; and we don’t see any softening during this period in our international markets. This high level of sales activity in all our markets is making it possible for us to proceed rapidly with our restructuring programs aimed at margin improvement.” Robert E. Byrket, executive vice president and chief financial officer, said, “Our financial reports this year will reflect the consolidation of Dana’s financial services subsidiary, Diamond Financial Holdings, Inc., whose

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business includes leasing operations, property development operations, and a savings and loan company. Since this is a change from prior years, during 1988 we will also provide our shareholders and the public with comparative financial statements that exclude Diamond Financial Holdings, Inc. In addition, we will compare this year’s results with both the 1987 results as they were originally reported and those results as restated to reflect the changes from the adoption of FAS 94 and FAS 96.”

Wed., April 27,1988 —THE MAIL-JOURNAL

Phil Hahn And Associates 773-4184 1651 E. MARKET (U.S. 6), NAPPANEE, IN 46550 BEAUTIFUL EXECUTIVE HOME ONE OF MILFORD'S FINEST THIS CAPE COD STYLE HOME HAS IT ALLI CEDAR SIDED ON A 120' X 220' LOT 4 BR, FR with Slate Floor, 2 Baths, Full Basement, 2 Car Garage For more details, Call about No. 0017 ★ ★★★★★★ ★★★★★★★★★★★ INVESTMENT PROPERTY 116 S. Main, Milford REMODELED IN 'BS Lower level office space with 2 BR. apartment on upper level. COULD BE RENTING FOR OVER SSOO A MONTH AND PRICED UNDER $40?000 No. 0015

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