Wausau Daily Herald from Wausau, Wisconsin • 11

Friday May 5, 1989 Wausau Daily Herald Section 2C Classified ads 4C Crossword puzzle New Medford mart opens Taking Stock with Tim Pirkl icwivv Tehan heads foundation; Big Boy changes name vM? Mpm Jean C. Tehan has been appointed executive director of the Wausau Area Community Foundation Inc. by the 1 1 a organizatio n's board of directors. Tehan has been working for the foundation as its assistant executive director for the past year. She is a C.

if: lzJ I Jean Tehan 'v Jack ReichertWausau Daily Herald Leon Holms, Phillips, and Lucille Bockin, Medford, shop at the new mart. Farm land values still on rebound LA CROSSE (AP) Farm land values have been on the rise over the past two years but have still not recovered from their dramatic drop of the mid 1980s, a farm credit official says. Real estate values for farms "tended to bottom out" about two years ago, "when there were lots of problems in agriculture," said James Cannon, senior vice president of Farm Credit Services, of St. Paul, Minn. He is in charge of appraisal functions in the Seventh Farm Credit District Wisconsin, Minnesota, Michigan and North Dakota.

In the past couple of years, values have been rising in the Farm Credit Services district, although Cannon noted the western Wisconsin region has not seen much of an increase. Throughout the four-state district, land values have risen an average of about 23 percent from their low point in 1986. However, the western Wisconsin portion of that district has gained just 3 percent, according to Cannon's figures. Government contract seminar at Superior May 8 SUPERIOR Seminars for beginners and more experienced business people interested in government contracts and exports will be featured at "Opportunities, 1989 and Beyond," here Monday. U.S.

Reps. Dave Obey, D-Wausau, and James Oberstar, organized the conference. It will include practical information on how to develop an exporting business or sell products and services to state and federal governments. Among speakers will be Richard Judy, president of the Central Wisconsin World Trade Association, and Carla Lenk, formerly of Wisconsin Rapids and now director of the Small Business Development Center at the University of Wisconsin-Whitewater. The conference is open to all northern Wisconsin and Minnesota business people.

A $20 fee will cover costs, materials, coffee and doughnuts and a noon lunch. Registration will begin at 8 a.m. Monday in the Rothwell Student Center on the UW-Superior campus. Export seminars begin at 9 a.m. Procurement seminars start at 1:30 p.m.

Boy, they include Kentucky Fried Chicken, The Captain's Steak Joynt and Pancho O'Malley's restaurants. The South Area Business Association will hold a meeting beginning at noon Tuesday at the Prime Time restaurant, Scho-field. Motivational speaker Thomas L. Bychinski will discuss "Is Motivation of Employees a Key to the Success of Your Business?" Cost is $4.25 per person for the lunch buffet. The day care operators' group C.H.I.L.D.

(Concerned Homes In Legal Day Care) will meet beginning at 7 p.m. Monday at the Social Service Building on Thomas Street in Wausau. This month's meeting is about family day care licensing preparations and procedures. Speaker is Joan S. Dahl, day care consultant for the division of community services, northern regional office.

C.H.I.L.D. is an association for certified and licensed day care providers and others in the field. For information contact Tami, 848-3348; or Cheri, 845-1622; or write to C.H.I.L.D., P.O. Box 1182, Wausau, Wis. 54401.

Dr. William T. Mattingly a Wausau general surgeon, has been elected a member of the Wisconsin Surgical Society at the group's recent annual meeting in Milwaukee. The society is dedicated to the improvement of surgery and surgical care. Members are required to uphold ethical and professional standards.

They meet biannually to present and discuss developments in the field. Thomas Barden, president of Barden Office Machines, Wausau, has achieved 126 percent of his Minolta Corp. sales quota for the fiscal year ending March 31. The company's honor council is sponsoring a trip to Spain to salute its most successful dealers. 0 Interested in getting your business news in this column? Send information to Taking Stock, Wausau Daily Herald, P.O.

Box 1286, Wausau, 54402-1286. 'mm former program manager and job development coordinator with the Wausau Area Chamber of Commerce and currently volunteers as chairman of the Wausau Festival of the Arts. The Wausau Area Community Foundation is a private organization dedicated to serving the greater Wausau area by encouraging and supporting projects designed to foster growth through economic development, education, arts, culture, community health, social welfare, conservation and the environment. Marc's Big Boy a division of the Milwaukee-based Marcus has changed its name to Marcus Restaurants company officials announced. The change will mean that the Marc's Big Boy in Wausau will be renamed the Marcus Restaurant as part of this summer's remodeling project and that the pudgy hamburger boy trademark will be gone, Wausau officials said.

The remodeling will begin June 1 and is expected to be completed by August. "With all the different types of restaurants we own and the many positive developments taking place in our division, the name Marcus Restaurants better reflects the growing nature of our business," division president Wayne Jones said in a prepared statement. Marcus Restaurants Inc. has more than 100 locations in Wisconsin, Illinois, Minnesota and Iowa. Besides Marc's Big vJL.

.3 Blue light specials: Del Petzke, Medford, (above) tries on sun glasses during one of the new Medford mart's trademark "blue light specials," while Elsie Carbaugh, Medford, (right) uses her teeth to hold a balloon as she searches her purse for money. They were among the first shoppers that crowded the discount department store during Wednesday's grand opening. The foot Medford Plaza store became the 54th mart in the state. It offers apparel, home fashion, home care and improvement and electronics products. A similar-sized mart opened its doors in Antigo on the same day.

Trad! its QS SdO Wall Street Stocks floor of the World Trade Center in lower Manhattan. It isn't yet clear what the government is looking for, but trading abuses seem the most likely target. Nor is it clear how many traders potentially are targets. But the investigation led by the Commodity Futures Trading Commission, the federal watchdog agency over futures trading obviously took many traders by surprise. Gannett News Service NEW YORK The financial industry suffered another black eye Thursday, as search warrants and subpoenas went out at four New York commodity exchanges.

At midmorning, federal investigators descended on the Commodity Exchange, the Mercantile Exchange, the Coffee, Sugar and Cocoa Exchange and the Cotton Exchange. They're the four largest of five commodity exchanges bunched on the 8th Some futures traders immediately suggested the CFTC launched the probe as a face-saving move. The agency has been criticized as an ineffective regulator of the rough-and-tumble futures industry. To most individual investors, the New York futures exchanges are largely unknowns. What the New York exchanges are best known for: oil, gold and silver futures trading.

Thursday, May 4, 1989 Dow Jones Industrials Volume: 1 53.7 million i Close: 2384.90 I 2440 1 II I I 2410 fw-" 23ao i gt 2350 I j- 4 2320 -i-F- 1 2290 i azeo N' AprtWi FMTWT Dow suffers another loss NEW YORK (AP) The stock market recorded another small decline Thursday, continuing its week-long pullback as traders awaited the government's monthly employment report. The Dow Jones average of 30 industrials, down 25.10 points from Monday through Wednesday, dropped 8.80 to 2,384.90. Declining issues slightly outnumbered advances in nationwide trading of New York Stock Exchange-listed stocks, with 667 up, 728 down and 555 unchanged. State senator wants tax on advertising March adjusted unemployment rates Wisconsin's unemployment rate rose to a seasonally adjusted 4.5 percent tor March according to preliminary statistics. The most recent rate is up from the 4.2 percent reported in January and February.

Most ol the state's major metropolitan areas showed an improvement in 1989 compared to 1988. Red represents 1988, blue 1989. Thur. dose 40 34 46 78 23 58 Wed 23 41 fe 2334 Change 14 18 1fl Th Detroit New WBUSau ii-i- in iiti i i eJ S-3 Sheboygan Racine Tr Milwaukee 4-1 Madison UCWM 11 "1 I 4 Kenosha 6.7 Janesvllle-Beloit nriiimi yt) 51 Green Bay 1 4 7 Eau Claire 4 4 a Appleton-Oshkosh m.i.i........-.....wI i 4-2 1 1 1 11 1 I 4 1 1 1 New York Stock Prices MADISON (AP) A sales tax exemption for advertising should be eliminated rather than expanded as proposed by Gov. Tommy G.

Thompson, a co-chairman of the Legislature's Joint Finance Committee says. "I am serious about taxing advertising," Sen. Gary George, D-Mil-waukee, told the budget-writing com-mitte's tax subcommittee Thursday during discussion of a tax break for the newspaper industry. The idea of applying the sales tax to advertising took the subcommittee by surprise. Budget analysts said it would raise $61 million annually, $28 million from newspaper advertising.

"I did not get up this morning planning to raise $61 million," said Sen. David Helbach, D-Stevens Point, the subcommittee chairman. He said eliminating the existing tax exemption would make sense only if the money it would raise were earmarked for a specific use, such as property tax relief. A plan to finance a $1 billion property tax cut by eliminating a wide variety of property tax exemptions was drafted by a study committee last session, but went nowhere. About the same time, Florida lawmakers enacted a sales tax on advertising, but they soon repealed it after being stung by a business backlash.

The finance subcommittee was discussing a plan by Thompson to exempt all newspaper advertising supplements from the sales tax, not just those printed by the newspaper itself. Prices from Thursday's closing Change is from Wednesday closing price Change even Mc Don Dug STOCK AVERAGES Ind. 2384 90 8 80 Rails 113050 Util. 192.27 Volume 124,150,000 2 STOCKS OT 3 4 5 6 7 Source: Wisconsin Dept. ol Industry, Labor and Human Rataliom Medalist Merck 3M MS, I Minn.

Pwr Mobil Oil Montana Dak. Navistar NCR Corp. NIC. Ins. NICOR Inc.

States Pr. Nthwst Air Occid. Pet. Owen Corn. Penney Pepsico, Inc.

Philip Morris Chg '4 1 -IV4 1 11 -v V4 even Bid Ask 15' 15 37V4 37' 13' 14 34 35' 15 14 19' 20' 3'4 3 11 11' -'4 Nation's jobless rate hits 5.3 even Apogee Con Paper MOIN Mdsn Marcus Mos. Paper NVCOR 5TKLY VERSA Ten ViPont Labs Wau. Paper even 17' 17 Non-farm business productivity, percent change from previous 9' 9 even Phillips Pet Po aroid quarter, seasonally i ml A r. I ml. BO 14 47 72 30 50 18' 5 59''4 11 33 32 104 2714 29' 57 49 124'4 23' 39 20' 20' 54' 22 45' 23' 4314 52 53 40 124 30' 70' 25' 25 34' 35 87 57' 29' 24 22' 21' 19 1 1 V4 even even even '4 '4 even 3'4 '4 even .14 I 14 even .14 1 -1 '4 '4 '4 even 1 14 even cjujuaiou annum IvTlr WW Mutual funds Primer ica Rexworks Reyn.

Metals Rockwell Int'l. Sears "3.7 vm Closing 55' 67 Ui 91 7V1 76V4 4''i 19 IVl 193 IB' 44 23 J9 54 49' 34 19 65 18 "4 19'i 97 10iXi 43'. 43H 17H 15 3" 46'f 43 4' 17 to1 19 13' 49 49 40' 9' 38' 4 74 llO' 59 38 7Vi 44 94 al'i 38' 54V 80 Bid Ask Am. Can Pace 24 84 27 17 Abbot Labs American Air. All Richfield Bethlehem Stl Boeing Co.

Bristol Myrs Brunswick Burlgton No. CBS Inc. Central SW CNW Chrysler Citicorp Coca Cola Colgate Com. Edison Control Data Delta Air. Drq Light Detroit Ed.

Digital Equip. Du Pont Eastmn Kod. Exxon Corp. Fin. Service First Financial Firstar Ford Banner! Co.

Gen. Electric Gen. Host Gen. Motors Genentech GV Medical GTE Goodyear G. N.

Nekoosa Gull St. Util. Holiday Inn Honeywell IBM ITT Iowa III gs elc James River Johnson Contr. Jhnsn-Jhnsn Kim. Clark mart Lilly Co.

Litton Lockheed Criterion US Govt 8.18 8.59 Orevtm Fund 11 27 12 32 3.2 p-r Preliminary i o.5 2.o 2 0.9 1-0 i I I Fidelity Eq Inc 27.14 27 49 Fidelity Fund 17 05 17 05 Fidelity Mag 55 84 57 28 Franklin US Govt 4 75 7 03 Hartland Value 15 49 14 43 Inv. Port. Gov. Plus ..7 34 7.34 Kemper Total 7 74 8 44 Kemper Int 9'4 even Kemper Muni Bond. ..9.

54 10.01 Kemper U.S. Sec 8.74 9.17 Kemper Dlv. Inc 7.93 8.47 and net income, the Green Bay-based electric utility reported. Earning for the period ending March 31 were down slightly in 1989, to 80 cents per average share of common stock, compared to the 84 cents per share reported during the same period of 1988. Net income for the 1989 period was $19.35 million, compared to $20.46 million in 1988.

But operating revenues for the quarter totaled $184.15 million, up slightly compared to the $183.80 million reported for the same period in 1988. U.S. households shrink WASHINGTON (AP) The typical American household, nearly six members strong when the nation was new, is down statistically to just over IVi people, a record low, the Census Bureau said. The decline reflects "changes in the age structure of the American population," said Census Bureau demographer Campbell Gibson in a telephone interview WASHINGTON (AP) The nation's unemployment rate shot up 0.3 percent last month to 5.3 percent as job growth in the economy slowed to its lowest level in nearly three years, the Labor Department reported today. The April jobless rate was the highest since January and moved civilian unemployment off the 15-year low of 5.0 percent posted in March.

The report was likely to be greeted by financial markets because analysts have said a rise in unemployment is the quickest way to ease wage inflation that has been pushing up overall inflation. The department's survey of business found the addition of 117,000 non-farm payroll jobs in April, the lowest number since the government reported a drop of 92,000 positions in June 1986, The department also revised March payroll growth to 171,000, down from 180,000, in yet another sign of a slowing economy. WPS quarterly earnings dip Warmer-than-normal winter weather caused a dip in Wisconsin Public Service first quarter earnings II I I II I even Southern Co. Std. Oil Ind.

Tenneco Texaco Texas Insfr. UAL Corp. Union Car. 1 Union Pac. ven Unisys I United III.

I1 U.S. Steel WalMart van Warner Lamb. 1 Westlnghouse -1 Weyerhaeuser 'n WiscEn Wis. Lite even Wis. Pub.

Serv. Zenith Interest Money market even 4 month CD 1 year CD 3 year CD even Gov. Funds Mckmie Ind. Fund ....7.41 7.74 McknjieOpt. 7.14 Mckmie Ind.

Am 12 75 13.93 Mass. Fin. HI Inc 5.81 4.24 Mass. Inv. Growth 9 42 10.37 Mass.

Inv. Trust 12.58 13.54 NieholasFund 37.10 37.10 Pioneer I 22.35 24.43 Pioneer II 19.44 21.27 Putnam HI Yield 14.12 15.14 Putnam Int 9.00 Putnam Investors 7.75 8.47 Templeton 15.03 14.43 Temoieton 15.54 17.01 rates 0 1 '3 1 1987 1988 89 9.19 Pet. 9 55 Pet. 9 55 Pet. 9 35 Pet.

10.50 Pet. Van Windsor 1 1 14.20 14.20 Prices furnished by Dain Bosworth-The Milwaukee Wausau AP Source: U.S. Dept. ot Labor.