The Salina Journal from Salina, Kansas on April 10, 1985 · Page 2
Get access to this page with a Free Trial
Click to view larger version

The Salina Journal from Salina, Kansas · Page 2

Publication:
Location:
Salina, Kansas
Issue Date:
Wednesday, April 10, 1985
Page:
Page 2
Cancel
Start Free Trial

Page 2 article text (OCR)

People THE WET LOOK — A girl is doused with a bucket of water thrown by a friend Monday on a street in Warsaw, Poland. The day after Easter is known as "Wet Monday" in Poland, where it is customary for young Poles to pour water on friends and unsuspecting parents. Howards won't push show biz NEW YORK (AP) — Actor Ron Howard, once a regular on the "Andy Griffith Show" and "Happy Days" televison series, says he'd discourage his own children from going into show business. "The last thing in the world Cheryl (his wife) and I want to do is make our kids feel they've got to go into the business," said Howard, 31, now a movie director, in an interview in Sunday's Parade magazine. He said he and his wife "have decided to try to make other professions seem as enticing as possible" to their three daughters, 4-year-old Bryce and infant twins Paige and Jocelyn. The family, which now lives in California, plans to move to Connecticut by the time Howard's new movie, 'Cocoon," comes out in June. Howard Two Wallaces may be on ballot MONTGOMERY, Ala. (AP) Alabama's 1986 ballot definitely will list one George Wallace, and it may have two. George Wallace Jr. said he has made up his mind to run for state treasurer, but his father is reportedly still trying to decide whether to seek an unprecedented fifth term as governor. "I went to see dad a couple of days ago at the (governor's) mansion and had a good talk with him. I told him what my George George Jr. thinking was and he was in full agreement," the younger Wallace said. Califomians expecting septuplets ORANGE, Calif. (AP) — A Riverside woman who is carrying seven fetuses has been confined to bed at a high-risk pregnancy center, as doctors try to prolong the pregnancy to give the seven a better chance of surviving. "We never expected this," said Patricia Frustaci, 30. "We thought, possibly, of there being twins, or maybe even triplets. But one baby Would have been just fine. We weren't trying for a record." Samuel Frustaci, 31, an industrial salesman for an Orange County firm, was shocked when he heard the news, said his wife, an English teacher at Rubidoux High School in Riverside. According to the Guinness Book of World Records, the largest multiple birth was nine babies in Sydney, Australia, in 1971. Six of those children survived. Mrs. Frustaci is five months pregnant. She had been taking a fertility drug, the same drug she took before becoming pregnant with her 1-year-old son, Joseph Samuel. Sissy has a close call in Peking PEKING (AP) - Oscar-winning American actress Sissy Spacek visited a Chinese film studio and said she felt right at home. "Even the smells were the same," said the winner of the 1980 Academy award for "Coalminei"s Daughter," one of five movies in an American film festival drawing sellout crowds to Peking cinemas. There was one hair-raising moment when she was taken on set to watch the shooting of a 3-D movie. She inadvertently sat in the line of fire — of a flame- throwing machine — but spotted the danger in time. "I thought, what a way to go," she laughed later. Sissy Spacek He Can sniff OUt T l?? .Salina Journal prehistoric menu CHICAGO (AP) - Boguslaw Kro- toszynski has a highly sensitive nose, so finely tuned he can tell what a tribe of Indians ate 6,400 years ago. "Detecting the quality of odorants is an art," says the Illinois Institute of Technology scientist, who says he can differentiate between the aromas of five varieties of peas, 10 types of apples and more than 20 breads. Krotoszynski attributes his unique skill to "imagination, hard work and a good memory." He recently had the job of sniffing the vapor emitted by dried human dung in order to to analyze the dietary paterns of ancient Indians from Utah. A device called a gas chromatograph helped by first separating the chemical compounds. Krotoszynski found that the Indians 6,400 years ago ate the leaves of wild plants, including a licorice- scented herb. P.O. Boi 779 Zip Cod* 87401 Published seven days a week, 365 days per year at 333 S 4th, Salina, Kansas, by+ Salina Journal, Inc. (DSPS 478-0601 Fred Vandegrift, President and Publisher Han-is Ray!, Editor Second-class postage paid at Salina, Kansas. Additional mailings made from Hays and Colby Kansas. Founded February It, 1(71 Department Heads Eiecutlve Editor: Kay Berenson. Photo Editor: Fritz Mendell. Advertising: Jane Glenn, sales manager. Jim Pickett, production manager. Circulation: Mike Alfers, manager. Norbert Laue, mail foreman. Production: Kenneth Ottley, composing foreman. Howard Gruber, press foreman. Business: lUionda Kelley. Area Code 913 Dial 8234363 SlngU copy ratti Daily 25< Sunday 75« By Carrier + Monthly rate 18.00 including sales lai. By Motor Route -f Monthly rate 18.50 including sales tax. City Motor Route same as 'By Carrier' rate. Mail subscriptions available in areas not serviced by carrier or motor routes. Send change of address to The Salina Journal, P. 0. Box 779, Salina, Kansas 67402-0779. If your Salina Journal is not delivered by 7:00 a.m., please call your carrier or the Circulation Department at 823436] (1-800-132.7606, out of town subscribers). Same day delivery will only be made in response to calls received prior to 10:00 a.m. in Salina. For other service calls, our Circulation Dept. is open 5 a.m. to 5 p.m. Monday through Friday; i a.m. to 12 p.m. Saturday and Sunday. The Advertising and Business office will close on Saturdays at 12 noon. T The Salina Journal Wednesday, April 10,1985 Page 2 /Assets (Continued from Page 1) estimated it owes at least $140 million to customers. U:S. District Judge Dickinson Debevoise on Monday had frozen the assets of Asset Management and did the same Tuesday for BBS Government Securities Group Inc., Bevill Bresier & Schulman Govern- ment Securities Inc. and BBS Securities Group Inc. The SEC on Tuesday did not ask that any action be taken against the fourth affiliate, the brokerage firm of Bevill Bresier & Schulman Inc. The SEC also asked the judge to take away the officers' control of three of the companies to protect customers. The judge named New York attorney Saul S. Cohen as a trustee for Asset Management and Depositors needn't worry, Security president says From Staff and Wire Reports Depositors at Security Savings and Loan Association are in no danger because of the association's dealings with a securities firm that has filed for bankruptcy, said Security's President Bob Begnoche. Security Savings, with assets of more than $105 millon, is listed as a $2.8 million unsecured creditor of Bevill, Bresier & Schulman Asset Management Corp., a Livingston, N.J. firm that has filed for Chapter 11 bankruptcy. Another Kansas S&L, First Federal Savings Bank of Newton, also is listed as a creditor. "It's one of those unfortunate things," Security Saving's Begnoche said. "We don't have anything to hide. We want to be up front with this. We were strong before this, and we'll be strong after this." Begnoche said the company has a net worth of more than $5 million. The company is publicly held, with about 200 stockholders. It would be the stockholders who would absorb any loss. But, Randy Graham, Security's senior vice president said, "we don't anticipate a $2.8 million loss. If they're filing for reorganization (in the bankruptcy court), there are assets there." Indeed, Begnoche said an unaudited balance sheet of Asset Management shows a positive net worth. Security Savings had done business with Bevill Bresier & Schulman for about four years, Begnoche said. "When we started, we checked them out thoroughly. There was no reason to believe there was any problem. Their reputation was good." Begnoche said Security Savings officials thought they were dealing with Bevill, Bresier & Schulman Inc., a regulated company, instead of its subsidiary Bevill Bresier & Schulman Asset Management Corp., which is not regulated. "We felt we had a secured transaction," Begnoche said. "We're in the position of ascertaining if it was a secured transaction." Security's attorneys in Salina and Washington are investigating. Begnoche said he does not anticipate that depositors will become nervous. "We've been in Salina since 1898," he said. "We've been a conservatively run firm." He said the Chicago-based U.S. League of Savings Institute ranked Security Savings among the nation's top 200 S&Ls for the three year period of 1981-1983, a difficult period for the industry. That ranking was based on profitability. At First Federal Savings Bank of Newton, president David Hanna said, "We're concerned, but we're not alarmed. It's business as usual for us. "Compared to some of the people, we are fortunate in that our net exposure was small." Hanna said that Asset Management "had securities of ours, and we had loans to us based on those securities. The difference between the market value of the securities and the loans was $312,000." Hanna said his company expects "some recovery out of this," describing the situation as "very fluid right now." "We're monitoring the situation," he said. "You don't like to lose money, but it could have been so much worse. Our securities were in our own name, so we had an element of protection." as receiver for two affiliates — BBS Government Securities Group Inc. and Bevill Bresier & Schulman Government Securities Inc. The filing by Asset Management comes in the wake of the failure of a Florida government securities dealer that triggered a banking crisis in Ohio. Most of Asset Management's customers are small savings and loans and banks, but officials at several of the institutions said the loss would be minimal. John Moffatt, vice president at Fort Lee Savings & Loan in Fort Lee, N.J., which is owed $19.3 million, reported a "slight run" at his thrift Tuesday. He said it was difficult to sort out nervous customers from those withdrawing money to pay taxes. But he said the accounts are federally insured and that there would be "no adverse affect on customers." John Domeier, chairman of Great American Savings and Loan, a federally insured institution in Oak Park, 111., listed as a $30 million creditor, said his thrift probably would suffer no losses. Like executives at other thrifts, he said the securities were being held at a bank for safekeeping. Dennis E. Finnegan, senior vice president at Merritt Commercial Savings & Loan in Baltimore, said his institution's potential $2.2 million loss is only a fraction of its assets of more than $300 million. A Maryland official said Merritt has insurance coverage through the privately run Maryland Savings Share Insurance Corp. SEC regional administrator Ira Sorkin declined to comment on whether any of the assets of the fourth affiliate, the brokerage firm, were involved in Asset Manage : ment's operations. But he said some Asset Management creditors thought they were dealing with the brokerage firm, which is federally regulated, but actually were dealing with Asset Management, which is not. He said the principals in the br(H kerage firm were the same as those in Asset Management and that the SEC is investigating. Sorkin also alleged that Asset Management failed to disclose that its inability to meet obligations to customers was impaired by a $65 million loan to an affiliate, which was not named. Frank Vecchione, the firm's attorney, declined to comment on how the company's problems originated. "On an average, one person out of every four families will be affected by mental health problems." Newman Memorial County Hospital's Psychiatric Unit serves the needs of the east central Kansas area and is in response to the need for effective mental health care, at the local community level. The program at Newman Memorial County Hospital is supervised by a professional staff consisting of psychiatrist, psychologist, social workers, activities therapist, occupational therapist, psychiatric nurses, and program manager. The treatment program is designed to help patients work through their emotional problems in a supportive, homelike atmosphere. Since the program is locally based, it provides the opportunity for people to obtain psychiatric treatment, within their community, in a private, confidential setting. For Further Information Contact: Linda Shoults Psychiatric Program Manager (316) 343-6800, Ext. 421 12th and Chestnut, Emporia, Kansas 66801 SPEAKERS BUREAU AVAILABLE , 901 W. Crawford 827-3601 2nd We Assorted PQRK CHOPS Grade A WHOLE FRYERS u m , Chub GROUND BEEF Boneless Arm Steak CHARCOAL STEAK Armour Star WIE N E RS 12 Oz. Pkg. Ohse Sliced $ 4 29 SLAB BACON P. mUyP x Lb . 1 USDA Choice $ 4 39 HINDQUARTERS Cut,wrapped,frozen Lb. I 605 E. Crawford 827-3608 : Anniversa Big Saving Sale prices good through April 16, 1985 .Lb. Lb . Head LETTUCE 00 BANANAS 3 u. 99« Thompson or Red Seedle°ss »RAl 79* Lb. Snoboy Crispy CARROTS Jf$4 00 1 Lb. Bag "*! I New Crope Texas Yellow ONIONS 5 $4 00 Lbs. I Kraft Shredded MOZZARELLA CHEESE $449 8Oz. I Ore-Ida TATER TOTS Rag., W/Onlon, W/Bacon mm 2 Lb. $ Hj 29 Shedd's CLASSIC QUARTERS Citrus HUM 00% Pure ORANGE JUICE Frozen $429 12 Oz. • Reg. or Butter Flavor $499 C RIS C O Unit 1 with .$15 purclnst 3 Lb. I Folger's $fi<* tt COFFEE Asst. Grinds 3 Lb. V Pillsbury f*Alf C IIIV ilniil3will| 515pnrcto vAIVt MIA »s$l. Flavors Box Tide &41QG LIQUID DETERGENT * 4 o z . Z Ivory DISH LIQUID (25* Off Label) 22 Oz. Soft 'n Pretty f*f**. BATH TISSUE A..t 4pk . QQ * Mr. Jumbo PAPER TOWELS B.ORO.. 99 99 49' Del Monte 4* 4* FRUIT COCKTAIL 3 oo z . 99 Dole I MANDARIN ORANGES n 0z . INSTANT TEA 4 Oz. Bonus Pack COKE, DT. COKE, *u,., 89° SPRITE $099 49* $ 4 99 1 12 Pack Van Camp's PORK'N BEANS 2 i 0z . z Reg. or Light W Lay's POTATO CHIPS Limited Items - Tobacco or Alcoholic Products Do Not Qualify For Purchase Requirements'

Get full access with a Free Trial

Start Free Trial

What members have found on this page