The Mail-Journal, Volume 29, Number 32, Milford, Kosciusko County, 19 September 1990 — Page 12

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THE MAIL-JOURNAL—Wed., September 19,1990

I r * A < hit 3bJ ~~~>- J 4h > K ■R JJftfi'W 5 ' E fl ' F fl BH fl Bi iBK' V Bl j Efw’ B x ”. W < i 1 <,*... >■',M * 1 iß> W< \Bf w s J i .♦» | . w* I ♦•••'■ ’ Bh r Jf ’*' w* j»' K I ■« ALZHEIMER'S DISEASE — At the Tuesday noon meeting of the Syracuse-Wawasee Rotary Club, Sept. 18, Sandy Roehm, resident services counselor at Miller’s Merry Manor, was guest speaker. Roehm spoke about Alzheimer's disease, describing the symptoms, explaining the progression of the disease, and giving background and history. Pictured are David Cates, president of Rotary; Roehm; and Chad Smyth, program chairman for the day. (Photo by Lewis Immel)

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Ice cliff; The Voyager 2 spacecraft recorded close-ups of ice cliffs on Uranus’s moon Miranda that are higher than the walls of the Grand Canyon, says National Geographic.

It’s our business —

The estimate of the economic health of the nation given

By R. L. KOHLS I Agriculture Economics Dept. Purdue University Concern over the future of the American economy has lead economic crystal ball gazers to keep a close watch on the Gross National Product (GNP). The GNP is a statistical estimate, issued quarterly by the government, that measures the current dollar value of the output of the nation’s goods and services. At mid-1990, the GNP was running at an annual rate of about $5.6 trillion. This total represents an annual output of goods and services of about $22,300 for each of the 251 million people living in this country. Change in the GNP has two major sources: change in the actual amount of goods and services produced and any inflation in prices that may have occurred. Inflation effects usually are removed and the real GNP is presented in constant dollar terms. For example, the second quarter 1990 GNP was 7.6 percent higher than a year ago. However, after the inflation rate was removed, the adjusted real GNP increased only 1.2 percent. The GNP has four major components. The largest component is the amount of goods and services consumed by each of us — personal consumption expenditures. In the early 1990 data, this component was 67 percent of the total. These expenditures can be further divided: durable goods (automobiles, furniture, TVs, etc.) accounted for 14 percent of the total; nondurable goods (food, clothing, gasoline, etc.) contributed 32 percent; and ser-

Boat accessories missing

Syracuse Police investigated the following reports this past week: An unknown amount of accessories for boats being sent to Valley, Neb., were reported missing by officials at Sea Nymph, Syracuse John Gordon, with Sea Nymph, notified police Wednesday, Sept. 12, of the missing items. Gordon stated on two separate occasions the company had trailers loaded with boats that had stereo equipment in them, that were being sent to Valley. Sometime after the boats were placed out in front of the business on loaded trailers the stereo equipment came up missing. Gordon noted it is not known if the thefts occurred in Syracuse or while the boats were enroute to Nebraska. The thefts took place between July 26 and August 13 and between August 30 and September 4. Radar Detector Stolen A radar detector was stolen from a locked vehicle on Tuesday, Sept. 11. Stephen Honeycutt, North Manchester, reported the theft. He stated the rear hatch on his 1987 Chevrolet Sprint was unlocked but both doors were locked. When he went to the vehicle at lunch, both doors were unlocked and a window was left open. The radar detector is valued at $73. Items Taken Billy Hunley, Syracuse, found someone had broken into his 1983 Chevrolet truck while it was in a parking lot and took a radar detector, CB radio and color television. The theft occurred between 7:45-8:15 p.m., Thursday, Sept. 13. Hunley told police when he came out from shopping he discovered someone had broken out the sliding window on the back of his truck, causing $l5O damage. The items taken are

vices (doctor bills, education, movies, repair costs, etc.) used the remaining 54 percent, Another major component of the GNP consists of the expenditures for goods and services made by all levels of government. Such activity accounts for about 20 percent of the total GNP Os this total, the federal government spent about 38 percent and the state and local governments the remaining 62 percent. Caution is in order here. Since the GNP includes only expenditures for goods and services, this is not a measure of the total government involvement in our economic life. Goods and services expenditures take about one-third of the total federal budget. Social Security, Medicare, Medicaid, and other welfare and subsidy payments make up the rest. Most of this transfer income shows up in our personal consumption activity. Part of economic activity of the country is not used immediately by individual consumers. Rather, it is invested in building houses, factories and equipment, which in turn support further production activity. This investment expenditure is the third component of the GNP. GNP investment totals also include changes in inventory levels held in the channels of business. If inventories are increasing more rapidly than goods are being sold, this buildup is added to the current estimate of the GNP. On the other hand, if sales increase more than inventories, this decline is subtracted from the investment included in the GNP. This addition or subtraction concept also applies to the fourth major component of the GNP which deals with our foreign

valued at S7OO. Purse Taken Police were called to the home of Elenor Moore, Syracuse, at 3:27 a.m., Saturday, Sept. 15, after an intruder was seen in her home and her purse was found missing. Moore stated she heard her dogs barking round 2:57 a.m. and she yelled at them to stop barking. She noted she had a light on in the back of the residence and observed the light go off and she saw a male figure go past the door in the kitchen and leave her home. She found several doors were left open and her purse taken from a chair. Post Hit Jan Schieler, Syracuse, notified police Wednesday, Sept. 12, that someone had driven over a light post at the entrance to Greenhaus Apartments and left the scene. Schieler stated the post was destroyed and its value is up to $l5O. Hit And Run A tree, bushes and a yard were damaged when someone failed to make a turn at the property of Bill Pipp, Syracuse. Pipp notified police at 11:46 p.m., Friday, Sept. 14, shortly after he heard the accident. The driver of the vehicle left the scene. Damage was estimated over SSO. Wallet Missing Jerica Johnson, Syracuse, notified police Saturday, Sept. 15, that her wallet was taken from a vehicle, while it was in a garage, two to three weeks, for repairs. Also taken were some pennies that were in the vehicle. Sign Damaged John Moore of Kentucky Fried Chicken reported Monday, Sept. 17, that someone had broken the sign in front of the business. It is believed that rocks were thrown at the sign. Damage was estimated up to $1,500.

trade. If we are selling more abroad than we are buying (an export surplus), this difference is added to the GNP since it represents our production activity not appearing elsewhere. However, if we are buying more than we are selling abroad (an import surplus), this must be subtracted since these purchases are not our production but that of some other nation. The release of new quarterly GNP estimates is anxiously awaited business news. With a continued growth in population, the real GNP must increase if our individual standards of living are to improve. On the other hand, back-to-back quarters of decline in the real GNP is the official indicator that a business recession is upon us. Though the economy is performing at a weak level, it has not yet fallen into an actual decline. Only Maine Maine is the only state in the United States whose name has one syllable.

Legislature needs to meet needs

The drought of 1988 may be the furthest thing from the minds of many Hoosiers, but preparation is underway to ensure that ample water sources remain available under such circumstances in the future, according to State Senator Robert Meeks (RLaGrange). Meeks and other members of the Water Resources Study Committee, which meet Tuesday afternoon at the State House, are looking at ways to handle water withdrawal from streams and reservoirs, and water allotment during periods such as the 1988 drought. “Before we create new legislation, however,” Meeks cautioned, “we need to make sure we address the problems we have, not create new ones. “The approach I feel we need to stick with is how to manage during times of emergency, not arbitrarily create new laws to prioritize consumers of water,” Meeks added. The committee is examining the Maryland state water appropriation permit system currently in practice there, as one means of conserving surface water and ground water in times of water shortages.

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1 BA Q gW ggWßj I _ ‘ j JBI lObb O ■! W fw it MH llv y S A Jfl BB M wHHb fl CROP WALK — Committee members of the 1990 Northeast Area of Kosciusko County Crop Walk are shown at the Lakeside Chapel. Pictured, from left, are Cam Boyer (registration), Rachel Stiffler (rest stops and human markers) and Bob Kennedy (clean-up). Not pictured are Kris Welker (route designer), Mike Magid (supplies) and Judy Reddin (refreshments). The Crop Walk is a nationally conducted series of walks to raise funds to feed the needy locally and abroad. There will be two walks in the area on October 7. The Crop Walk in Warsaw begins at 1:30 p.m. and the Crop Walk in Syracuse begins at 1:45 p.m. at Grace Lutheran Church at 200 East Main. The route will be 3.1 miles long and will be circled twice. A-JL/ 5 ' / ~ x.Z f C WAJHINOTO’KT. L. — -| I—- / f.® I l •/ /Xu 3 * ~~ B rtARL»T.__ 1 ——s;ca ß all4 / > \ X\\ MT r '♦o»u / /cQ > I \\\ ?"S T\ Sr-Startlng point ?»!/ jT\ -fl, \ N m >■ 4> | \ Grace Lutheran f/\ 3 HENRY ST. ."T- —ir\ «. Z \ -<„ ’ \ point X // *»,. si;. f - Ch “ ch \\ * BrethtQn \l\k\ c? \ \ t R2—Rest stop ,-v \ \ f Henr y Ward Park '• \ \ 3 " V 1 \ \ °t R 3—Rest Stop \ \ o I Filadelfia /// J \ \ * ? • \ Spanish Assembly /// \ HH\ God x. /// * \ /VCx. u// k.TdZ) K * I •••crossing guards x/7/ Ar”) I see back of map //\\ / \ NORTHEAST AREA // Z<X V>\ ON MEDUSA STREET CROP WALK ROUTE //>k THERE WILL BE A North H \ R DOUBLING BACK. West East Z/ South \ K WALKERSWILL x. TRAVEL TO THE ** TURNAROUND. WALK ROUTE — The Syracuse version of the 1990 Northeast Area of Kosciusko County Crop Walk will get underway at 1:30 p.m. on October 7. Beginning at Grace Lutheran Church on 200 East Main, this map shows the 3.1-mile race route. Interested people can contact Harold Bitner, Jr. at 856-2693 or Larry Haney at 658-4090.

Maryland’s program allows the state to assume control of the use of water “so far as feasible,” and is intended to supplement existing state laws. “The Maryland program requires people to obtain permits from the department of natural resources in order to use the water,” Meeks said. “This permit program is one way to ensure that proper use of water resources is maintained.” The committee is also considering adopting a section of a 1982 report from the state Water Rights and Management Commission that addresses water use during emergencies. “The particular section of the report that we are considering requires the development of a plan for implementation during periods of water shortage,” Meeks explained. “It addresses procedures to take in the event a water shortage is declared, and is similar to the Maryland program in some ways.” The Water Resources Study Committee will meet again at 1:30 p.m. September 18, at which time it will begin working with drafts of possible legislation for the 1991 General Assembly session.

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