The Marion Star from Marion, Ohio • 2

Th Marion Star Tuewiay May Zi, J9S3 Savings Made In Rate Requests 1 1 1 Counsel Praises New PU C4SOE and Ohio Bell VMM- 1 II life II. "i a -9p. i IMI I I 1 'i A i I I i' i' I procedures related to safety of the plant. The matter of construction costs socalled construction work in prosyess, or CWIP has become a matter of legislative debate, and its exclusion or further restriction is the subject of at least two bills pending in the Ohio General Assembly. The Zimmer plant is being built by Cincinnati Gas and Electric Dayton Power and hat they asked.

Most of the savings made in rate requests this year, he told a news conference Monday, traces to exclusion of construction costs from rate requests made by the three co-owners of the Zinuner nuclear power plant at Moscow, Ohio. Most construction at the Zimmer plant has been stopped by order of the federal Nuclear Regulatory Commission pending an audit of construction COLUMBUS, Ohio AP) Utilities Ohm had a healthy IWfi and in the first (our months ft VW got only 21 percent of the rate increases they wanted, state Consumer' Counsel William SpraOey says. He attributed the latter point to members of the Public Utilities Commission of Ohio appointed by Gov. Richard Celeste since Jan. 10.

SpraUey said PUCO in 1962 granted utilities G3 percent of Light and Columbus and Southern Ohio Electric the latter a subsidiary of American Electric Power Co. Despite getting an average of only 21 percent of what they-sought in 37 different rate ca between Jaa 10 and May 10, SpraUey said the utilities appear to be prosperous. He said none has filed an emergency rate request, which could indicate they had financial problems. Last year, he said, Ohio utilities were healthy In comparison to most other businesses. He said CG4E and Cleveland Electric Illuminating Co.

both reported higher revenues and substantially higher net incomes than 19B1. A review of annual reports given to PUCO. he said, shows that 10 of Ohio's 13 major utilities exceeded the national average "return on equity" of 11 percent as determined by Business Week magazine. He said Columbia Gas, Telephone Co. were the only Ohio utilities falling below that average.

Columbia Gas rwti'd a 5 9 percent return, CASOE 9.4 percent and the phone company 10.2 percent, SpraUey said. "Overall, all of Ohio's major utility companies reported an increase in net incomes of $102.9 million, which is 8.5 percent higher than 1981," he said. SpraUey said CEI and reported the largest gains. "CEI claimed a dollar increase over 1981 of $53.2 million, or 34.2 percent," he said in a prepared statement, "while reported an increase of $28 million, up 27.5 percent over 1981 Spratley said that in 1982 the commission granted $900.7 million in rate increases, 63 percent of the $1.4 billion requested. "4 i I 1 7 I I II StateTo Give Home Buyers More Low-Interest Loans Last year, passage of State Issue 1 created the Ohio Housing Finance Agency, which sells the bonds to raise the mortgage funds.

The first $300 million is being loaned at a 9.98 percent interest rate. In The Army Now HrWm btkrr, 34, Cincinnati, works out on a Din. N.J., to fulfill her dream of serving in toe nnutilus marbine to gH ready for twr stint In military, fthe hat three children. (API basic training. She entered boot camp at Kort means business for Ohio." Celeste told a luncheon meeting of the Cleveland Association Broadcasters.

He said the state also plans to issue $30 million in bonds to finance home renovation and wea therization. "Our goal is to add additional money for single-family home purchases, provide some funding for home improvements and provide funds for target areas, especially Cleveland, where there are a large number of low-income homeowners." Celeste said. "The overall impact is that it will help 8.000 to 10,000 people to own or improve their own home," he said. CLEVELAND (AP) The state will offer more low-interest mortgage loans next month to first-time homebuyers. Gov.

Richard Celeste says. Around the state on Monday. hundreds of would-be homebuyers stood in lines at banks, which began to lend from the $300 million raised by a slate bond sale for low-interest mortgage loans. Celeste said Monday that another $100 million in low-interest mortgage money will be made available. "Most first -time homebuyers for the first time in five years can walk in (to banks and savings and loans) and get a loan for under 10 percent.

That One of Our Best! He recently returned from Modern Woodmen of America's 1983 National Agency Sales Conference at the Princess Kaiulani in Honolulu, Hawaii. His thorough knowledge of life insurance and dedication to the principle of service through fraternalism earned his attendance at the conference. MiefeaW F. Znekar 441 Far tti'Jtratt Karioa, 01 43302 Qxley, Kasich Hail Reagan Move Grain Offer Good News For Farmers Modern Woodmen of America a fraternal life insurance society HOME OFFICE POCK ISLAND, ILLINOIS ex nort markets." Oxlev said. Oxley also said the arrangement would benefit more than just farmers.

"Most notably, it would help offset what we spend on oil imports, providing capital for investment here in the United States and stimulating the creation of jobs for American lingering effects of the embargo cost this country $3 billion," he added. Oxley said Reagan's decision recognizes that the future for American agriculture rests with increased exports. "A long-term sales deal with the Soviet Union would go a long way toward fulfilling our commitment to expanding U.S. million tons from American suppliers. "What's happened is obvious.

The because of the embargo, went out and found other more reliable sources for grain," Kasich said. "In the end, the embargo didn't hurt the Soviets, it only hurt the American farmer. It's estimated that in 1982 alone, the Buckeye Briefs workers, he said. WASHINGTON AP) Presiifc-nt Reagan's offer to negotiate a new, long term grain cart with the Soviet Union and the Soviet' agreement to talk it over are good news for Ohio farmers, two Republican congressmen say. Reps Michael Oxley of Fiwllay and John Kasich of Columbus Siiid Monday the president's announcement last week should be a big step lward recovery from the ti-fef'ts of the embargo on Soviet gram sales imposed by President Carter in 1980.

"A long term agreement would benefit both the United Stales and the Soviet Union We can help meet each other's needs by restoring a sound trading relationship between our two countries," Oxley said. "A new grain salt pact may allow us to finally recover from the effects of President Cart it's ill conceived 1980 grain sales embargo," added Kasich. The Ohio congressmen noted that although President Reagan canceled Carter's embargo more than two years ago, grain sales to the Soviet have remained far below pre-embargo levels. S. grain sales to the Soviet Union reached a high of more than 15 million metric tons in 1979 So far this year, the Soviets have bought about 6 Cleanup Pact In Court Aviator Plans Flight Museum WASHINGTON (AP) A lawyer for a firm wanting the government to revoke a contract to clean up the Hamilton, Ohio, Chem-Dyne hazardous waste site and give it to his company says the government could cancel the contract with no problem, but a government lawyer disagrees.

Scott T. Kragie, representing the Army Corps of Engineers, said Monday it appeared likely that H. Materials of Findlay would sue if the court ordered the Army to cancel the cleanup contract and give it to Aqua-Tech Inc. Aqua-Tech has sued the Engineers, saying they were wrong in giving the contract to H. Materials.

One of the arguments by Daniel J. Piliero, representing Aqua-Tech, wasthat it wouldn't cost the government anything because a clause in the contract permits the Engineers to cancel the agreement at any time. Even if the government had to pay H. Materials $400,000 for work done since May 2, it would still come out even because Aqua-Tech's bid was $400,000 less, Piliero said. Kragie disputed that argument.

Merger Attacked CINCINNATI (AP) The second phase of the U.S. Steel Corp. takeover of Marathon Oil Co. is under attack in U.S. District Court by dissident shareholders, who say they're not getting enough money for their stock.

U.S. District Judge Carl Rubin said the civil trial will be delayed for six weeks after Thursday's session. Jacob Stein, representing minority shareholders, told the jury in opening arguments Monday that his clients believe the Marathon board of directors violated the Securities Exchange Commission Act and breached its fiduciary duty to protect all investors when it accepted the tender offer and merger. The Findlay, Ohio-based oil company accepted the $8.2 billion merger with U.S. Steel last year while fighting off a takeover attempt by Mobil Oil Co.

U.S. Steel promised not to move the oil company from Findlay and saidMarathon's management would continue to conduct Marathon's affairs. Resales Increasing WASHINGTON (AP) Sales of existing homes in Ohio, including single-family homes, condominiums ana cooperatives, should increase more than 40 percent this year, according to a national real estate group. The National Association of Realtors predicted Monday that resale of homes in Ohio should reach 1 17,400 units this year. The association predicted that sales in 1984 would grow another 25.6 percent, to 147,500 units.

Construction starts for new houses also should grow, by 35.2 percent to 25,000 units this year and by 10.9 percent to 27,700 units next year, said Jack Carlson, chief economist and executive vice president of the group. Carlson said falling mortgage rates in recent months are the big reason for the higher sales activity. Li his forecast, Carlson predicted that prices of new houses in Ohio would rise 8.2 percent this year, to an average of $77,400. i65 directors of Ohio History of Flight Inc. On Sunday, more than 50 other aviation pioneers from across Ohio had a chance to marvel at the simplicity of the one-of-a-kind Curtiss as part of one of the twice-yearly meetings of OX5 Aviation Pioneers.

The pioneers are former pilots and mechanics who had flown or worked on planes with Curtiss OX5 engines, used in many planes from the 1910s to the early 1940s. OX5 member Lloyd Washburn, of Port Clinton, Ohio, donated the Curtiss to the museum. "Wilber put the plane together himself, borrowed a four -cylinder engine to put in it and then taught himself to fly in 45 minutes," he told OX5 members, most of whom are in Iheir70sand80s. "Finally he sold theairframe for $25 to a guy in Sandusky, who was about 15 years old, who taught himself to fly, too." COLUMBUS, Ohio (AP Paul Wilber was just 19 when he ot in a peek of trouble by Liking his girlfriend for a spin in his biplane around 1912 at Nurwalk, Ohio He sat in the plane's one seat and perched her on the wing The girl's unforgiving mother, the story goes, wouldn't speak to the adventurous Wilber for a year. That's just one of the tales about the early days of flying that aviation pioneer Foster l-ane hopes ui bring alive at the Ohio History of Flight Museum he plans to begin building late this year near Port Columbus airport The rhief attraction of that particular story, the original Curtiss biplane, is being restored at Lane Aviation Systems as the first of the museum's acquisitions.

Ijine, 80, runs Lane Aviation and is president of the board of Ko Coupon Keedt For Wednesday Family Special Water Is 'Ace Card Save on Family Day with our Famous three-piece chicken dinner! Three pieces of delicious golden Famous Recipe Fried Chicken, mashed potatoes and gravy, creamy cole slaw, and two biscuits. complete meal! Everyday Special CHICKEN SKACK PACK 2 Pc. Chicken FIRST SAVINGS CLEVELAND (AP) -Governors from Hie six Great likes slates hold an ace card for luring federal money hack into the region, says Ohio Gov. Richard Celeste. The states ring a unique water resource, Celeste said Monday.

"In the years to come, people will be talking about the competition between the Sun Bell and the Water Belt," he said The Council of Great Lakes Governors representing Ohio, Indiana, Illinois, Minnesota, Wisconsin and Michigan began a two-day meeting today in Cleveland. Five governors and a lieutenant governor intend to devise ways to attract federal dollars. Years ago, when the Great Lakes region was a thriving manufacturing hub, it didn't matter that most of the federal government's money was going to the South and the West. But now, the flagging- economy of Die Great Lakes area needs Uncle Sam's help. Rather than philosophize, council representatives hope to come up with practical proposals to improve the region's financial picture, and with good reason.

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