Star Tribune from Minneapolis, Minnesota • Page 24

Minneapolis Star and Tribuna Aug. 26, 1633 10B Research group survey shows strong economic upturn for U.S., Canada Compusource Continued from page SB But Ronning predicted that dealers will agree to take the product because of the computer's price, its portability and software library, and Compusource's Inventory arrangements. Dealers eventually will be required to buy about $7,000 worth of inventory to carry the machine, he said. Twin Cities dealers have reported they typically pay $20,000 Index for Japan was down 4 percent The indexes, designed to anticipate Changes In economic output and em ployment were developed by the Center for International Business Cycle Research at Columbia New York, N.Y. -The U.S.

and Canadian economies are recovering strongly from recession, and the other major Industrialized countries except Japan are headed for recovery, a survey said 'Thursday. The Conference Board, a business-sponsored research group, said Its leading economic indexes rose at a 16 percent annual rate for the United States; 15 percent for Canada; 14 percent for France; 7 percent for Italy and West Germany, and 3 percent for the United Kingdom. The he said. That may be a tall order as the small firm Is entering a market overcrowded with more than 130 er manufacturing companies. But Ronnlng said he isn't worried.

"We think we are going to put some of the others to shame," he said, citing what he said will be the 28-pound portable computer's dual appeal: the growing popularity of portable personal computers and the large library of Apple and IBM microcomputer software that the Abacus will use. The $1,995 Abacus can use all programs written for the Apple and for the CPM operating system used by several computer brands, Ronning said. For another $400 the machine can be adapted to use a limited number of IBM business-related comput- for enough inventory to sell a new computer. Compusource Is trying to raise $300,000 from private investors to pay for manufacturing the Abacus through early next year, Ronning said. The company plans to manufacture 75 computers initially and to build 6,000 units by late next year, he added.

Despite the Customs seizure of Orange Peel computers shipped from Canada, the privately owned Compusource did sell $76,000 worth of the computers that were shippped to Minnesota from Orange Computers' Buffalo, N.Y., manufacturing plant, he said. er programs, he added. If Compusource were even modestly successful, the size of Its market would be huge. About 250,000 portable computers that use floppy disk drive storage devices will be sold in the United States this year, generating nearly $600,000,000 in sales, said Harold Klnne of Future Computing, a Richardson, market research firm specializing In personal computers. By 1988 Americans will buy about 800,000 portable computers of that type annually, generating $1.75 billion in sales.

One barrier the. company must overcome, Ronning conceded, will be the reluctance of retail computer store dealers to offer another computer model when there are so many to choose from. So far only 15 dealers nationally have agreed to accept the Abacus for test-marketing. AN fEVER-BEFORE, NOWflEKE-ELSEi ONCE-FOR-A-LII RETIME mCATION BN FPOKTUMTY. Continued from page SB At Causeway on Gull Village and Marina, you can combine luxurious lakeshore living and an unbelievable array or sports equipment into a vacation 11 you've never dreamed of.

It's a combination you can't find anywhere else, at a price you'd never dream of. railroad. Zivarts said the El Paso acquisition is a long-term affair. "At some point in the distant future (seven to 10 years), It will look like BN acquired EI Paso's energy holdings at a relatively low price." El Paso has at least 16.7 trillion cubic feet of natural gas dedicated to its Texas-to-California pipeline system a 12.2 year supply at projected rates. One drawback, Zivarts said, is El Paso's $1.6 billion of long-term debt which BN inherited.

Interest on about half of that floats at the prime rate. measures are likely to be repeated at El Paso. In the first six months of 1983, BN earned $159.3 million, or $4.16 per share, on total revenues of $2,164 billion. This compares with 1982 earnings for the corresponding period of $203 million, or $2.50 a share, although that figure includes the one-time $102 million sale of Burlington Northern Air Freight The bulk of Burlington Northern operating income, however, continues to come from rail revenues. In the first six months of this year, $314 million of the $328 million in operating revenues came from the El Paso officals declined to com ment yesterday on the merger proposal.

When BN chairman and chief executive officer Richard Bressler took over in 1980, he vowed to diversify the company acquisition of El Paso Is the first major step toward that goal. Zigurds Zivarts, an analyst with Piper, Jaff ray Hopwood in Seattle, said he was not surprised by the merger proposal. He said BN's management has successfully shown it can run a profitable, efficient operation and, in light of that, it could be expected that similar cost control Near the Bar Harbor area, in the heart of Brainerd and Nisswa, right between Upper and Lower Gull Lakes, Causeway on Gull is 24 impeccable vacation homes in a perfect setting. 1300 square feet of beautifully designed space with lots of wood, glass and stone. Cedar decks.

Loft bedrooms. Skylighted hot tubs. Fieldstone fireplaces. Every amenity, and all first-class. Ajid.tauseway on Gull is also Lund, Sea Ray, CresfJiner, Ranger and Skeeter boats.

Yamaha snowmobiles and three-wheelers. Hobie Cat sailboats. Kawasaki Jet Skis. Eipper Quicksilver Ultralights. These top-flight names, and note, reserved for you to use and enjoy.

And with our Interval Use Plan, your personal selection is guaranteed available at a remarkably low price. Plus there's volleyball, indoor and outdoor pools, jogging and snowmobile trails, golf and racquet sports-all arranged exclusively for you. With the interval ownership concept at Causeway on Gull, you select and pay only for the weeks you choose. You pay far less per year than you would for a comparable vacation rental, and you buy it once-at today's prices-and own it and enjoy it forever. In the Twin Cities, call 835-3700 to arrange for Rates tontinued from page 5B an exclusive presentation.

Elsewhere caBl-800-322-7634. cations. It is not uniform. In some of the locations, our people are very close to agreement "I was optimistic in that I didn't think that the Issues to be dealt with at the local level were the kind of issues that would prolong the strike," he said. "After we got back to the bargaining table in place after place around the country, the company introduced issues that had not been there before." Watts would not elaborate, but he said the CWA will not release any workers to return to their jobs until all local agreements are finished.

"We came out (struck) together. We're going back together," he said. (Staff writer Anthony Carideo con tiibuted to this article.) the Bell System manufacturing subsidiary, Western Electric Co. Those workers install central office equipment around the country. Chesapeake Potomac covers Virginia, Maryland, West Virginia and the District of Columbia.

At least six contracts were cleared up yesterday Southwestern Bell Telephone Co. in St Louis, Mountain Bell in Denver, Indiana Bell Telephone Co. in Indianapolis, New England Telephone Telegraph Co. in Boston, Illinois Bell Telephone Co. in Chicago and the manufacturing employees at several plants of Western Electric No details of the agreements were disclosed.

Southwestern Bell serves customers in Arkansas, Kansas, Missouri, Oklahoma and Texas; Mountain Bell covers Colorado, Wyoming, Montana, Idaho, New Mexico and Arizona, and New England Telephone CAUSEWAy-on VILLAGE 6 11 A I ft A Route 7, Box 20D, Brainerd, MN 56401 Phone Hours: Monday-Friday 9:00 PM. PM Continued from page SB day. Dealers and salesmen said that most of the selling yesterday was by speculators but added that there was a significant amount of selling earlier the week by investors who wanted to lock in profits earned on Treasury notes and bonds bought in earjy August Prices of short and long-term Treasury securities began declining immediately after the central bank's action. In the bond market the 12 percent bonds due in 2013 were traded as high as 104 19-32 to yield 11.44 percent but closed at about the lowest level of the day with an offered price of 103 6-32 to yield 11.60 percent In the corporate market, prices were high enough to encourage two modest-sized financings by utilities that had already filed shelf registrations with' the Securities and Exchange Commission and 'Could quickly accept bids from securities dealers who were willing to underwrite the bonds. A $65 million issue of A-l-A-rated Public Service Company of New Mexico 12 percent bonds due in 2013 was offered at a price of 100 1 through underwriters led by Kidder, Peabody Co.

A $50 million Issue of Baa-l-rated Atlanta Gas Light Co. 12 percent bonds due in 1993 was offered at a price of 100 through underwriters led by Salomon Brothers. According to underwriters, the issue was almost completely sold by late in the day. i Air India reports profit record Air India marked its 50th year of operations Thursday by reporting its largest net profit ever, $38.04 million for fiscal 1982-83. The state-owned airline's profit for the year just ended was 267.2 percent higher than its profit the previous year of $10.36 minion.

HOW TO BUY A GREAT PACK OR ROLL BAG AM) SAVE MONEY TOO! covers the New England states except Connecticut Dynes' announcement implied that Pacific Telephone Telegraph covering California and northern Nevada, had reached agreement but there was no Immediate announcement of that in California. Such major issues as wage scales, benefit plans and job security provisions were resolved in national bargaining, which was completed last Sunday when the leaders of all three unions approved the tentative three-year settlement The local bargaining with such subsidiaries as Chesapeake Potomac Telephone Co. and Southwestern Bell has been limited to discussions of specific working conditions, work rules, shift work and employee safety. Watts said he had not foreseen the local bargaining snap. He said that "the managements are attempting to take away benefits that have been gained over the, years in various lo i i on.

i 11' fTl hmmw 1 11 1 'til Mwm Hill 1 1 I I We only have one big back packroll bag -sale per year. So when we have one, we make it a gigantic one. We have already sold enormous quantities at regular price, so at our incredihlv low sale price WE WII.I. SELL THOl'SANDS! But our fantastic- buy won't last forever; (fiantities will nin out soon at this price. So hurry in for the best selection.

Tuvliv Colors! Omni tbvm! ROLL BAGS 9.99-10.99 The roll bag by East-Pak is perfect for the gym or school, birge enough for any number of items, this bag features extra large handles that allow you to swing it over your shoulders and wear it like a back pack. Other features include: a double slide zipper that allows closure from both sides, heavy' waterproof poluirethane coated nvlon and a LIFETIME WARRANTY. The roll bag is available in the following colore; PIJ LAVENDER MAI VE AQl'A RED ROYAL BLl'E and BLACK. BACK PACKS 11.99-13.99 CHOOSE FROM TWELVE COLORS! Hit teardrop pack leauiiw a LIFETIME WARRANTY and is available in the following colore; NAVY 'ROYAL BLl'E FOREST GREEN INT. ORANGE REI) SILVER BUCK IW1.E AQl'A (IMOIFIAGF.

and MAIM Priced at 1 1.99 for the junior sie and 13.99 for the regular size, it's a great way to save money and get a great pack too! Heavy duty poiyurethane coated nylon vftvf (urge sirups. You am uvar it like a back pack. The teardrop shaped back pack by East-Pak is ideal for carrying books, a tennis racket, day hiking, or bicycling. Made of heavy duty waterproof poiyurethane coated nyion, this pack is constructed with a one piece body leaving no major seams to tear. Other features include: a double slide zipper that allows closure from both sides, wide padded shoulder straps, large front pocket and a quick release waist strap.

-rri FX Double slide zipper with closure from both sides Wide padded shoulder straps 1 i 1 i 1 Tho Rocyclomobile pays cash for: Steel Soft Drmt I Beer Containers 10It Aluminum Soft Ormk Beer Conuineri 2 7JID Piattic Soft Onrw Conturwrs 5io IDMMntKMMI omr. opw ran or nnnii wuona tt m. tttvcnmaoiit.) nil CCU.JTTiY STORE Store location nete end Ttme UHIUUM White Bear like very Tuesday. 10J0-U0pm SHY MuOMe) Rose) Sunrav Snopptng Ctr St Paul. Every Tuesday, 5 50 6 30 4ii uxiitftoti mwy St.

Paul Thurs 8 4 22. fcSO-tSO 0 1700 van oyma Mwttwood Every Thursday. 10 50-1 JO cm NHHMMI Bumsvtiie Septemoer 14 1 29. 10 SO-1 pm 1771 Tort Ml MMieaooM Wed. September 14 1 28 JO -6 50 em, MMLUtttt Minneapolis fn September 2.

16 1 SO. 10 SO -1 SO pm ofoo etete mwv 101 7-Hi Shopping CtrMtU Fri. septemoer 2. 16 1 SO, 5 50-6 50 pm 161MWMC0M valley west. Sioomington wed septemoer 1 21, 1O J0-150 m.

3Mi coon RipMt IM. oxneapcas fn Septemoer 94 2 J. 50-8 50 RiOOUJL MOOUMIIMI inver Crave Heights Every Saturday. 1000-1 SO pm. Check your store for details or can 484-5J7S 1 Our res.

One piece body constructon Large front pocket i 1 loir price 12.001395 comp. retail elsewhere 17.95 So stop by any one of our fine stores and choose a back pack or roll bag from the largest selection of colors available In the Twin Cities and save yourself some money. Fashion zipper OUR REG. LOW PRICE 17.95-19.95 comp. retail elsewhere 2100 and great gifts! 3.

flBD WgU SS47 Kenwood St Louis Pert MN (Donma howxti sm snoot Open Tun Sx e-s 1S rror (Mm tten ef unvemcvl Ooen won set. f-t Ridgedale Rosadale Burnsville Ctr. 542-9809 636-9033 435-7901 Eden Prairie Ctr. Mapiewood Mall 944-6464 770-0925 Available in our regular size and the new Fashion roll bag size 'Fashion roll bag colors available. Available in our regular size (12" tapered to and the new junior size.

'Junior size colors ailable. iconwnM tne mnnewtt Ion? Of tut mo me rnmmo toot tenMm.