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The Courier from Waterloo, Iowa • 1

Publication:
The Courieri
Location:
Waterloo, Iowa
Issue Date:
Page:
1
Extracted Article Text (OCR)

IOWA: Big-namo acts to appear at state fairA5 FARM: Farmers make planting headwayB4 METRO: Administrative assistant plan killedA6 ii.iMjy imjiii.iiiui.nw i WATERLOO O. CEDAR FALLS vr 48 pages 8 sections 50 Cents Loose-meat meal Arnolds' Big Food Diner has small-town flavorC1 Team changes Davis looking to revamp basketball teamB1 'Deem reports decline in earnings 1992. The profit for the second quarter more than balanced out a loss of $27.6 million in the first quarter this year. 4" and our financial services subsidiaries' performance remained strong," Becherer said. Deere's worldwide sales and revenues totaled $2.1 billion for the second quarter of 1993, a jump of 13 percent compared with the $1.85 billion total in the same period last year.

Net income for the company's credit business totaled $29.2 million in the second quarter, a 13 percent increase compared with the same period last year. Net income from health-care operations was down 2 percent, for a total of $10.7 million. For the first six months of the year, the company earned $2.6 million, or 3 cents per share, compared with $24.1 million, or 32 cents per share, in the first half of ment in the tractor manufacturer's European operations, according to the company. Without the charge, earnings for the second quarter would have been $110.2 million, or $1.44 per share, according to the company. "Excluding the restructuring charges, results for the quarter were significantly better than last year as a result of substantially improved North American operations," said Hans Becherer, Deere chairman and chief executive offi-' cer, in a prepared statement.

Becherer said response has been positive to the company's new tractor line, which was introduced last fall. The company now predicts production will be 8 percent higher in 1993 than last year, up from the 5 percent increase pre- Increase in North American factory production projected. By BILL SLAKEY Courier Staff Writer Deere Co. today reported reduced second-quarter earnings, caused primarily by restructuring costs in its European operations. The company reported net earnings of $30.2 million, or 39 cents a share, for the second quarter of fiscal year 1993.

That is 31 percent less than the second quarter of 1992, when the company earned $44 million, or 58 cents a share. The. earnings drop was caused by an $80 million charge during the quarter for shrinking employ Without the restructuring charges, the company would have earned $82.6 million, or $1.08 per share in the first half. Operating profits for the North American agricultural equipment division were significantly higher for the second quarter and also for the first half of the year compared with the same periods in 1992. Becherer said he looks for changing farming conditions in Europe to continue to hurt sales there.

However, an expanding U.S. economy should boost industrial, lawn and garden and agricultural equipment sales. dieted in February. The company also now calls for production to be 13 percent higher in the second half of the year than it was in the last six months of 1992. "Sales and production volume were higher this year in response to increased retail demand, productivity continued to improve Urban whites abandoning public schools By MARY JORDAN The Washington Post TLANTA In this affluent comer of the wnere 'unc'1 cafes serve Chardonnay and ArS grand oaks shade antebellum mansions, Volvos and Saabs line up every afternoon outside the Paideia private school to pick up a stream of students, nearly all of whom are white.

Not far away at Inman Middle School, a public school serving the same district, four yellow school buses lurch out of the driveway carrying hundreds of black children home, some to a housing project Atlanta is 67 percent black, but its public schools are 92 percent black. And at private schools like Paideia, noted for attracting more minorities than most, nearly nine of 10 students are white. Linda Milfred last year pulled her son, Nicholas, 14, out of Inman and enrolled him at Paideia. Initially, Milfred, a corporate lawyer who is white, abhorred the idea of a private school; The last thing she wanted was her son to be with a nest of children "whose idea of the real world is thinking that if someone made less than $100,000, they were on the way to the soup kitchen." But, increasingly, she was unsettled by her local Divided school board OKs all but one of Kimmet's cuts public school. At be able to defend it." Thorpe, Lyle Schmitt and Elaine Jaquith voted no, wanting to delay the most sensitive cuts until a board work session.

But other members said they knew enough and weren't going to change their minds. "If you look at this list and start picking it apart, we're all going to find our loves in here that we don't want to give up," said Jim rhf-JfitfiAM "Ua Aais tn omt masrimm i II ,5 TV if V-V There increasingly are two tiers of schools in major American cities: free schools for the low-income and schools costing $1,000 to $10,000 a year for everybody else. orientation, parents were lectured on "Keeping Our. Children in School." That, she said, was the first sign that the school was preoccupied with "the lowest common denominator." Many people share Milfred's concerns. Except for recognized islands of excellence in the public Across the district, the board cut the full-time equivalents of 12.8 custodians, 11.8 secretaries, 2.7 librarians, two home-school workers and one nurse.

And they cut one of West High School's two band instructors to half-time. The board agreed, in concept, to contract with an outside agency, such as the YMCA, to provide seventh-grade track. And it eliminated all bus routes specifically for private-school students; instead, those students will ride regular bus routes or their parents will be reimbursed for mileage. The cuts will save $900,000 to $1 million from next year's $61.1 million budget. With each proposed cut, Kim-met provided the board rough dollar estimates.

But several members still said they lacked a final and clear overview of the budget. "I want to see how much progress we're going to make toward deficit reduction," board member Stephen Thorpe said. "We need to know more so we'll Board rejects Elk Run-. Jewett principal sharing plan, delays action on central administration reorganization. By JIM STANTON Courier Staff Writer Waterloo school leaders Monday killed one plank of Superintendent James Kimmet's belt-tightening package, but narrowly approved the rest.

The Board of Education unanimously rejected splitting a principal between Elk Run and Jewett elementary schools in Evansdale for fear it could severely harm the educational climate of the schools. However, board members were divided over whether they had enough information to approve the other cuts. On a 4-3 vote, the superintendent won approval of a wide variety of changes. down to the task of cutting our deficit spending." Christensen, Bill Kammeyer, Tom Wells and Russ Lowe voted in favor of the cuts. Last week, Kimmet proposed a reorganization plan for the staffing of the central administration building.

Several board members said they were uneasy approving the plan without closer study. The board voted 5-2 to discuss it at a work session next week. See CUTS page A2 Disturbance near East Side pool hall leads to 9 arrests DAN NIERUNGCourler photo editor This Is a view of construction work on what will be the Highway 63 four-lane bypass around Denver. It Is a box culvert over which the new southbound lanes of the widened Highway 63 would pass. The culvert Is being constructed In the event a bicycle trail is developed as a separate project, which would pass through the culvert under the highway and head east to Readlyn.

Highway 63 bypass work gets under way schools, there increasingly are two tiers of schools in major American cities: free schools for the low-income and schools costing $1,000 to $10,000 a year for everybody else. According to a new survey of the 47 largest cities, only one of four children in public schools is white. Thousands of white parents have abandoned neighborhood schools, citing a perception of violence, a reluctance to place their children in overwhelmingly black classrooms and a feeling that teachers spend too much time with the slow and troublesome. In the District of Columbia, the population is 66 percent black, but the publicschools are 90 percent black. In nearly all of the 47 largest urban school systems, the percentage of minorities has been soaring while total enrollment has been shrinking.

"The significance behind the numbers is that they show the increased concentration of need in the big city schools," said Michael Casserly, executive director of the Council of the Great City Schools, which represents the largest urban public school systems and conducted the study. "It is more economic flight than white flight." To a large degree, the black middle and upper classes also have abandoned urban schools. Black parents with the option increasingly choose to pay tuition in the city or leave for the suburbs. In Atlanta, hike in the District of Columbia, the majority of black students in the metropolitan area now live in the suburbs, according to studies by Gary Orfield, a Harvard University professor who has written widely on school segregation. "Minorities are sorting themselves out by class," Orfield said.

"There are more and more kids with more devastat-See URBAN page A2 'M I i I 1 -I -J 4 I I I By LARRY BALLARD and TIM JAMISON Courier Staff Writers Police say they are looking into filing criminal charges against the proprietors of an East Side pool hall where nine people were taken into custody Monday night following a disturbance in which a squad car window was shattered and a homeowner's windows were broken. Police Chief Bernal Koehrsen said police went to the Eastside Pool Hall and Arcade, 1428 E. Fourth to warn patrons and management that the City Council intends to deny pool-table permits for the facility, which neighbors want shut down because of loitering and alleged drug dealing. When officers arrived about 9:30 p.m., they were met by hostile patrons and a hail of bottles and rocks, police said. "They (police) came in (and) said to shut the tables down," said Catherine Thurmond, a manager of the halL "When they came back with the dogs, bricks and bottles started flying everywhere.

I was terrified." According to reports, the rear window of Officer Joe Leibold's patrol car was shattered. There were several reports of gunshots in the area during the disturbance, and a small-caliber bullet hole was later discovered on the passenger side of the car. At the same time, an angry group had descended on the home of Russ and Joy Lowe, 130 Webster St Joy Lowe has been outspoken in her opposition to the pool hall. fc-im r- 1T- ma rN rT- the Iowa Department of Transportation in Waterloo. A "diamond" interchange near Denver will be built on the 63 bypass at Fayette Street, with the highway -bypass overpassing that street, Lund said.

The DOT also will resurface ex'isting Highway 63 through Denver in a related project, Lund said. That work is expected to be completed by the end of 1994, after which that stretch of road will be turned over to the city's jurisdiction. Motorists will be driving on some new portions of the widened 63 project from Highway 3 to just north of Denver by the end of the year, Lund said. Traffic most likely will be traveling on two lanes of new pavement between Denver and Highway 3 while the existing surface of Highway 63 is being reconstructed. The entire Denver bypass and widening north to Highway 3 is expected to be completed by 1995.

While the highway bypass may draw traffic away from the city's central business district, the improved roads and Den-See HIGHWAY page A2 Project also will include widening the highway to four lanes from Denver to Highway 3 near Waverly. By PAT KINNEY Courier Assistant City Editor DENVER A Highway 63 widening and bypass near Denver will be done over the next two years, but improving the entire road from Waterloo north to Minnesota may take longer. Grading work began last week on the bypass west of the city, which will begin and end one mile south and one mile north of the city on Highway 63. Currently, the highway is four lanes from Waterloo to just south of Denver. Also, Highway 63 is being widened to four lanes from Denver north to Iowa Highway 3 east of Waverly.

Grading work on that portion of the project is expected to start in early June. The overall project also includes culvert and bridge work, said Gerald Lund, resident construction engineer with DAN NIERLINGCourier photo editor This window at the home of Russ and Joy Lowe, 130 Webster was broken Monday night when people Involved In a disturbance concerning a nearby controversial pool hall threw chunks of concrete at the house, police said. D2 Business B4 Cipher D5 Classified D1-6 Comics C6 Crossword D5 Daily Record A7 Horoscopes D2 Iowa A5 Lifestyles C1-10 Markets B5 Metro A6-10, B8 NationWorld A3 Obituaries Opinion A4 Sports B1-3 Theaters C5 TV C6 Eastside Pool Hall A ebster St. Wednesday Sunny High 75 low 40s o. 1993 Watertoo (Iowa) Couriar Police said the mob threw chunks of concrete through the home's front window before fleeing on foot.

"You should see my house, it's just a mess," Lowe said late Monday. "They broke a big picture window and a lamp by throwing stuff at the house." Koehrsen said he will turn over to County Attorney Tom Ferguson evidence that the hall's man-Sec DISTURBANCE I pageAl CO ul- Sullivan Park 4 Coming Wednesday: A request for you to send us your best pothole stories COURIEH graphio.

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Pages Available:
1,452,591
Years Available:
1859-2024