Logansport Pharos-Tribune from Logansport, Indiana • Page 22

PAGE 22 PHAROS-TRIBUNE OCTOBER 25,1989 BUSINESS Business Briefs Compiled from Pharos-Tribune reports Kitchen Make-Over Clinic Slated Partridge's Home Furnishings, 2120 E. Market will sponsor a Kitchen Make-Over Clinic Wednesday, Nov. 1, from 6:30 to 8 Clinic topics will include lighting, budgeting, floorcovering, cabinets and color coordination. Guest speakers will include Ciridy senior marketing representative for Armstrong World Tom Brooks, of Zinn Cabinets. Participants will receive a free kitchen make-over kit, decorating brochures, and a sample of Once Done cleaner.

There will be a question and answer period and refreshments will be served. Reservations for the clinic must be made by Saturday by calling 7534937. Cass Surveyor At Seminar Cass Surveyor Lionel Billman joined other surveyors from throughout the country at a New Jersey seminar last month. The three-day Madson Land Surveyor's seminar was held in Absecon, NJ. Surveying techniques, computer technology, corner marker perpetuation and drainage management were among seminar topics.

Dr. Brewer Recertified As Specialist Robert A. Brewer, M.D., 831 E. Broadway, has been recerti- fied as a diplomate of the American Board of Family Practice (ABFP) as a result of passing a recertification examination offered by the ABFP. Dr.

Brewer thus maintains a specialist status in the medical speciality of family practice. ABFP diplomates must continue to show proof of competence in the field of comprehensive, continuing care of the family by being recerti- fied every six years. The written examination is designed to prove the candidate's competence in the basic components of family practice internal medicine, surgery, obstetrics and gynecology, pediatrics, psychiatry and neurology, and community medicine. KFC Restaurant Wins Quality Award The Kentucky Fried Chicken restaurant, 3424 U.S. 24 East, has won KFC's prestigious Triple Crown Award for excellence in quality, service and cleanliness.

The restaurant is owned by franchisee Darell Gillam of Gillam 7 Associates, Kokomo, and managed by Tami Lane. The Triple Crown Award is earned by restaurants whose employees score a perfect 103 on three consecutive evaluations for quality, service and cleanliness. The evaluations, conducted by "mystery shoppers" who do not identify themselves to employees, are done once a month or more. The shoppers secretly measure how long it takes to have their orders filled, the temperatures of the chicken and other menu items, as well as the overall quality of the products and service. Clary Heads PIC Chairs Association James B.

Clary, chair of the North Central Indiana Private Industry Council and general manager of Modern Graphics, Peru, was elected chair of the Indiana Private Industry Council Chairs Association at the group's recent meeting in Indianapolis. As a result of his being elected chair of the PIC Chairs Association, Clary will be appointed by Gov. Evan Bayh to the Indiana Job Training Coordinating Council representing the PIC Chairs Association. Clary has been a member of the North Central PIC for six years. He has served as chairman of the PIC for the past two years.

The association is made up of the 17 PIC chairs in the state. Private industry councils in Indiana plan and oversee the Job Training Partnership Act programs, Wagner-Peyser (labor exchange) programs, Indiana Manpower Placement and Comprehensive Training, and single parent and dislocated homemaker programs. The North Central PIC, doing business as Career Resources, has a full-service employment and training office in Logan Square in Logansport. Drs. Price, Shepler Attend Seminar Dr.

Herb Price and Dr. Kathleen Shepler attended the annual fall seminar of the Indiana Optometric Association held recently at Indiana University. The seminar offered courses on the utilization of new techniques and automated equipment in modern optometry. Winchester Appoints Local Dealer Dick's Sporting Goods, U.S. 24 West, has been appointed one of the new Winchester Ammunition Advisory Centers, according to Brett Flaugher, manager of dealer services at Winchester Ammunition Company.

In order for a dealer to become a Winchester Ammunition Advisory Center he must meet stringent Winchester guidelines in the areas of service and product knowledge. LINCOLN AUCTION GALLERY Every Fri. Evening consignments 'wanted bring most everything, one item or houselull, estates, business, moving, clean-ups otc. 219-699-6443 WE SELL EVERYTHING! nil ISIIMAW BEN DENNY Heating Cooling 753-6718 PSI To Offer Voluntary Severance PLAINFIELD, Ind. (AP) Public Service Indiana, the state's largest utility, announced a voluntary job severance package which would be available to almost half its employees.

A PSI spokesman said the offer was intended to cut personnel costs, although it likely will reduce earnings this year, when the one-time offer is in effect. "It is not a retirement plan," PSI's Mike Goss said. "It's a voluntary workforce reduction plan that is open to all of our non-union employees." The company employs about 4,300 workers, of which about 2,100 would be eligible. Goss said he already has had a "relatively small number" indicate interest in.the plan. "All of those can voluntarily elect to participate, and all are eligible for one type of benefit, which is severance pay equal to one week's pay for every year of service with the company, up to a maximum of 26 years.

"There's a smaller group of employees, about; 300, who are also eligible for a monthly benefit' that will offset the reduction in their pension benefit for retiring early. In order to qualify for that benefit, the 300 have to meet certain age and service requirements." Union employees are not affected by the plan. Greenspan Opposes Congressional Effort For More Control Of Fed WASHINGTON (AP) Federal Reserve Chairman Alan Greenspan said today he opposes a bill that would subject the 'central bank to more supervision from Congress and the administration. However, congressional supporters of the measure said it was needed to make the central bank more accountable for its actions, which can have enormous impact on the $5 trillion U.S. "The Federal Reserve must take actions that, while 'sometimes unpopular in the short run, are in the long-run'best interests'of the country," Greenspan said, adding that "the independence of-the Federal 'Reserve has, in practice, served the country well." Greenspan was the lead-off as a House Banking subcommittee opened hearings to examine how theAcentral bank and often called the second most powerful man In America, reach'decisions on setting interest rates.

A Widow Who Needs Cash Every Month I have more thin $50,000 in Series U.S. Savings Bonds, and a total of about $150,000 in a bank. money market deposit account and a money market mutual fund. I am a widow who needs cash every month. Should I obtain that money by redeeming bonds or by making withdrawals from the money market accounts? I must pay income tax on the money market interest.

That hurts. As It's likely your best move would be to make withdrawals from the bank money market deposit account. But before doing that, check the interest on that account and compare it to the dividends on your money market mutual fund. Yields vary from bank to bank on money market deposit accounts and from money market mutual fund to money market mutual fund. On average, however, those bank accounts have been paying about one-third less than those funds lately.

You won't get hit with additional tax on withdrawals from your bank account. You'll be taking your own money out. You pay income tax on the account's interest, whether you Bill Doyle Investors' Guide withdraw it or leave it in. Chances are, your bonds are accumulating interest at a rate higher than your bank account but lower than your money market mutual fund. Until you are really strapped for cash, my advice is to leave those bonds intact.

Depending oh when they were issued, bonds accrue interest at a guaranteed rate of anywhere from 6 to 8.5 percent or the variable "market-based" rate, whichever is higher. For the current six-month period, from May 1 through 0ctober 31, the variable rate is 7.81 percent. Like most people, you obviously have chosen to defer federal income tax on your bond interest until the bonds are redeemed. I recommend you continue to do that until you are in dire need of cash. When you do redeem those bonds, you will be required to report all the interest that has built up on them and pay whatever tax applies.

Assuming you don't cash any of the bonds until you have depleted your money market accounts, you'll then have less taxable income and the tax bite on the bond interest might not be too severe. Sale Calendar Oct. 26-Marvln Miller Carl Johnson Oct. 27-WilmerT. Sims Estate Hughes Oct.

27-Lincoln Auction Ralph Rockey Oct. 28--Layman Peters Hughes Oct. 28--Barbara Zadesty Don Hahn Oct. 28--Philip Heavilon Doug Davies PUBLIC AUCTION FRIDAY, OCTOBER 27,3:00 PM LOCATED IN PERU, IN. GO WEST ON BUS.

24 TO GRANT ST. TURN NORTH TO 163 N. GRANT ST. WATCH FOR AUCTION SIGNS. AUTOMOBILE 1980 Ford Thundcrbird 2 door, Air Conditioner.

COLLECTIBLES HOUSEHOLD 10,000 BTU aSr conditioner; Whirlpool refrigerator; Apt. sz. Kenmore microwave; Kenmore elec. range; Magic Chef gas range; Whirlpool washer dryer; RCA color TV; record player; desk; Oak secretary desk; book shelves (1 glass door); 3 pc. sectional; sofa chair; swivel rocker; occ.

chair; end, coffee lamp tables; mag. racks; hospital bed; 3 pc. 6 pc. bedroom suites; half sz. bed; cot; chest drawers; port, sewing machine; breakfast set; kitchen table chairs; metal table; dbl.

dr. cabinet; shelves; mirror; pictures; books, telephones; lamps; kerosene lamp; khick knacks; afghan; bed bath Slnen; luggage; clothes rack; Christmas items; lawn chairs; card table; Superior triple tub comm. coffee maker; GE food processor; pans; dishes; Grlswald skillet; silverware; Tools incld. bug light; hand harden tools; step ladder; push mower. OWNER: WILMER T.

SIMS ESTATE TERMS: Cash or Check with proper ID, Not responsible for accidents or Items after sold. NOTE: This is a partial ad with many items not listed so come and look around. HUGHES AUCTION SERVICE, PERU, IN AUCTIONEERS: Terry D.Hughes 317-473-4739 Ted J. Nichols 219-982-6830 Clerk: Becky Brewer 317-472-1770 Snacks Available PUBLIC AUCTION Located 5 miles North of Galveston, Indiana on U.S. Highway 35 to Cass County Road 800S.

then East miles to 900E. then South mile. SATURDAY, NOVEMBER 4,1989 11:00 AM TRACTOR FARM ITEMS 1750 Oliver Gas Tractor with Hydra-Power Drive, frt. weights, W.F., 15-34 rubber (good condition); White semi-mtd. 5-16 plow; 12' wheel disc; 7' cultimulcher; Gravity wagon ply tires; flat bed wagon 40' Kewanee elevator; running gear gal.

water tank; New Holland Hayliner PTO baler; 2-ton PTO Farm Hand grinder; Set of 15-34 duals; hay rake; gas tank pump for pick up; 3 pt. log splitter wood stock rack for pick up; few small pig feeders; cylinders; 3 pt. 2-14 plow; garden roto-tiller; few other small misc. items. Auctioneers' note: Sale will not take over an hour so please be on time.

Terms: Cash or check Not responsible for accidents or goods after sold. DONALD C. GARBERT, OWNER 219-626-2338 Johnson Auctions lions Auctioneer: Carl Johnson Galveston 219-699-6756 1st National Bank Merger Finalized At Merchants Merchants National Corporation (NASDAQjMCHN) Tuesday completed its merger with First National Bankshares Inc. of Logansport and its subsidiaries, The First National Bank of Logansport and the First National Bank of Indiana. The announcement was made by Patrick E.

McNarny, president of First National Bankshares, Inc. As of Tuesday, First National Bankshares, had total assets of approximately $220 million. The First National Bank of Logansport was chartered as a national banking association in 1931. The First National Bank of, Logansport has six banking locations in Cass County and one in, Monticello in White County. Merchants National Corporation, tfie second largest publicly held CARD OF THANKS The family of Beverly Ream would like to thank relatives, friends, neighbors, Dr.

Richard Glendenlng, staff of V.A. Hospital in Indianapolis, staff of Memorial Hospital, Fisher Funeral Home Rev. Holt for all your support during the loss of our loved one. Ream Family CARD OF THANKS The family of Robert "Dick" Ranee wish to thank all the relatives, friends and neighbors for their visits, food, flowers, cards and prayers. A special thank you to Pastor Pendl and Hillcrest Baptist church, Pastor Neil and Faynell.

Also, Ben and Pat Denny, friends of Calvary Baptist Church, Lake Cicott Methodist Church, Bob and Jan Carter, Steve and Linda Carter and all employees of Carter concrete Block. Mooresville Block 4-D Block Frankfort Block Pioneer elementary School, Dr. Charles Montgomery and office staff, Rockwell International, Joe Hicks and employees of Fluidrive Inc. A heartfelt thank you to all the people, too numerous to mention, who have supported us and made our grief a little easier to Dick's loving family, LAND AUCTION 400 ACRES CARROLL COUNTY, IN FRIDAY, NOVEMBER 17, 10:00 AM LOCATED: 3 miles W. of St.

Rd. 29 on Co. Rd. 6QON 400E, Sec. 6, Washington Carroll County, 10 miles S.

of Logansport. AUCTION SITE: Holiday Inn, St. Rd. 24 Logansport, IN This farm is located In one of the strongest most productive agricultural areas in the Midwest Corn Belt. The farm lays in one unit, all tillable except for bldgs.

Farmstead includes a beautiful, 5 bedrm. older home with natural Oak woodwork open staircase. Other bldgs. include large barn, cattle shed with concrete feed lot, 11,000 bushel dryingjbin, 6,000 bushel granary. PROCEDURE: the land will be offered in separate tracts as 1 unit.

It will be sold subject to confirmation of bwner. POSSESSION: Will be transferred at closing subject to tenants rights as outlined in cash farm lease. TERMS: cash down payment day of sale, balance at closing. Refundable only in the event seller is unable to convey merchantable title. The property shall be conveyed by Warranty Deed with marketable abstracts or title insurance.

Buyer will assume and agree to pay all taxes assessments on real estate beginning with the installment due and payable in May 1990. Any announcements made on the day of sale take precedence over printed material advertising. The auctioneers owner assume the bidders have inspected the property prior to the auction and are selling these properties without any expressed or implied warranties. OWNER: MADONNA GUCKIEN WRIGHT JAMES D.BLYTHE; II, LAWYER FLORA OFFICE 219-967-4195 BRETRINEHART 219-967-3085 MARTIN RINEHART bank holding company headquar-; tered in Indiana, has now completed .16 merger agreements. Merchants' total assets, with the addition of First National Bankshares Inc.

of Logansport, stand at approximately $5.5 billion. James D. Massey, president and chief operating officer of Merchants National Corporation, said, "We are pleased to welcome The- First National Bank of Logansport and the First National Bank of Indiana to the growing Merchants National Corporation family. This merger enhanced Merchants' commitment to provide quality products and service to its customers by adding these seven north central Indiana offices to our growing banking network." CARD OF THANKS The family of Harold Musal). Thanks for all the prayers flowers cards and food sent due to the loss of our loved one.

Thanks for Memorial Contributions to Muscular Dystrophy. God be with you all. Mabel Musall Mr. Mrs. Darrell Johnson'- Mr.

Mrs. Bill RozzK Mr. Mrs. Tony Rozzf: Mr. Mrs.

Dale Springer! Mr. Mrs. Troy Susan Rice John Kleckner Chris Jennifer TroyPentz;" Carrier Air Conditioning WILKINSON Heating Company 753-2208 2101 Erie Ayo. 753-8704 Emer. rime PERSlT FAYS 722-7867 (STOP) Outside Logansport Area: Call Collect VALLEY RIDERS ANNUAL STAG Oct.

28, Logansport Armory Prizes, Refreshments, Entertainment. Tickets at the door. GADDIS' HEALTH FOOD DELI 1728 E. Broadway, Logansport 9:30 6:00 Mon. Sat.

WE NOW HAVE TURKEY VEGETABLE SOUP AND BEEF STROGANOFF ija Addition To Our Regular Sandwich Menu Join In An Old Italian Tradition THURSDAY NIGHT IS "SPAGHETTI NIGHT" Meatballs And All The Spaghetti You Can Eat ITALIAN AMERICAN CLUB P.M. Public Invited Delaware Rd. Adults 5 4.00 Children Order ROYAL CENTER LOCKER ALWAYS LOGANLAND FRESH- 104 N.CHICAGO (219)643-3275 All livestock Is bought locally and grain fed! 17 Years of Meat Smoking Curing Experience -THIS WEEK'S SPECIAL-Spare QQ0 Pork $1 19 Steak 1 LB. Boneless Swiss Steak LB Sirloin $069 Steak LB. Ground Beef 49 Bulk or Patties 1 LB.

Our Own Award Ribbon Summer $929 Sausage LB. America's Grand Champion Boneless Ham. LB. We Now Carry Canned Boneless Chicken 28 oz. 15 oz.

Sizes Quality Meats At Country FREEZER BEEF 1 19 ib. 1 39 ib. Hinds 1 69 iu. Prices Include: Curing, Cutt ng, Wrapping Freezing Whole or Half Hogs 09 ib. Beef Bundles Available!.