The Charlotte Observer from Charlotte, North Carolina • 52

60 THE CHARLOTTE OBSERVER Saturday June 11 1994 Prices fail Charlotte in running for 2 new TV stations Family Continued from page 1 on energy and food Wholesale Continued from page ID i We did approach them months ago about (carrying) a 10 news produced by WBTV They were not interested in just a 1 0 news They wanted to LM A more air John Hutchinson WBTV general manager news produced by WBTV" said WBTV general manager John Hutchinson were not interested in just a 10 news They wanted to LMA more air time" Last month WBTV reached an agreement with WJZY to lease its 10 pm time period for a newscast WSOC is expected to follow soon with a 10 pm newscast on Fox affiliate WCCB (channel 18) WFVT which is expected to go on the air in the fall would be the sixth commercial station in Charlotte's 22-county market Its antennae will occupy space on WJZY's tower audience "It'll be a station similar to WJZY except that be softer" said Conrad Though much of the programming hasn't yet been lined up Conrad said it will likely include kids shows reruns of sitcoms hourlong action-adventure shows like family movies and light comedies starnng the likes of Abbott and Costello Will Channel 55 be carried on cable? likely that the station will have to be available on cable under federal "must carry" rules that require certain local broad- Family Fifty Five will move from Indianapolis to Charlotte to become general manager of the new station WJZY general manager Mark Conrad said Capitol will try to program the new station to appeal to families and women WJZY with a heavy schedule of action movies arid Charlotte Hornets games attracts a mostly male panies that approached Family Fifty-Five about leasing air time One of them was Jefferson-Pilot owner of WBTV (channel 3) "We did approach them months ago aboujt (carrying) a 10 cast stations to be picked up certainly likely that fall into the said Cablevision of Charlotte spokeswoman Pam Youngblood Capitol Broadcasting was only one of several broadcasting com Make It A Quick Sale 377-5555 Obseiver Business fchr Charlotte Insightful i'uitmSepic(n touch 'SECTION i rs Vs i' I 1 1 i4 7 I I I 1 i A 1 I 1 4 I 4 I after the wholesale price report was released but then recovered Stock prices rallied Some analysts said the Federal Reserve which has boosted shortterm interest rates four times this year to squelch inflation and slow economic growth likely will find the rising core rate disturbing and may send rates higher in August the surface inflationary pressure is subdued But beneath the surface commodity pnees are rising faster for the last six to 10 said Wall Street economist Eugene Sherman of A Schapiro Co is emerging scarcity in the labor market and among producers in terms of capacity availability Normally all of these things precede price inflation" Others disagreed vehemently "There is no compelling reason for the Fed to do anything Things are settling down" said Donald Ratajczak who heads an economic forecasting project at Georgia State University in Atlanta Analysts and investors now are awaiting Consumer Price Index report for May which is expected to show a small increase Meanwhile a consensus forecast of 52 prominent analysts surveyed in early June by Blue Chip Economic Indicators predicted consumer price rises of just 27 this year unchanged from the 1993 inflation rate The group said it foresees improved productivity because of pressures of foreign competition corporate restructuring and modernizing It also predicted that prices will be restrained by the interest-rate increases Inflation has been mild for more than three years the best stretch in three decades Last 27 rise followed a 29 advance in 1992 and a 31 increase in 1991 i rx H' i I 9 for 12 Months Minimum Payments Required A LEADING EDGE Power At An Affordable Price i 4 After $75 Rebate 'AV' color monitor support Complete Baseball On CD-ROM For Windows Baseball fans looking for yesterday's facts today's statistics or schedules will find it all in Microsoft Complete Baseball-the ultimate baseball multimedia reference Microsoft Complete Baseball provides the authoritative edge on baseball statistics and articles It is the definitive guide to Major League Baseball-from the game's first pitch to today's hottest action So whether you are a baseball fan player or stats fanatic Microsoft Complete Baseball covers all the bases WinPro 486 DLC40 and 14" Color Monitor 40 MHz DLC processor 2 10MB hard drive 4MB RAM One year on-site warranty Two 32-bit VESA slots Four 16-bit ISA slots 512K VRAM 14" 39dpi SVGA Toll-free telephone Software includes Windows 31 Windows MS Productivity MS Entertainment MSDOS 62 MS Works for MS-Money Pack and Pack 12-80022 11 ffljMPljPiyWIlili i CITIZEN JkoW-wwfcte-u (ML pi 7 tn At? 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