The News Tribune from Tacoma, Washington • 31

rvv'rrf ir' --a wwww-Vwww MaritlmoBUGlnOGG Newi Tribune Tacoma Thura March 10 1983 C-7 Boeing 7 because -7 may be nearer of new jet engine rvrn irririrliiriiT FtP-'H Irt-wswiinviH HU4aUUllllili I wiluiM UtiUWMMiUn ah -ff liiliiiiiiilmrHItn Duiinuiaainra firHan nniminniiiiwictnimfl rcnnniinimiuiiu tmuin pimrzn: tfcjgijiiiinina CiiSlliJ Err SEATTLE (AP) A plan by kvh UJh European and Jap- peat companies to product a now McDonnell Douglas Is developing Its D-3300 said spokesman Dave Eastman with introduction planned for the late 1980a or early jet engine may fill ona ol tba mlaa Ing Unk for Tba Boeine Co to TOwrannira VSPp: fl ft --u from scratch Their schedule calls for delivering the first of a family of enginea by December 1M7 with commercial deliveries to aircraft maker InlMO The plan would allow Boeing to bring out a 150-oeat plane in IMS or 1M9 Each aircraft which would be designed for flights in the MO- to 2000-mJla range would carry two engines Boeing's new 717 carries 180-111 passengers depending on seating arrangements The company's other new aircraft the 717 carries about 111 passengers or about SM in a version Airbus Industrie a group has announced plana for a possible 1MC introduction of its AMO but has yet to sign up customers The aircraft would be a smaller updated version of the A310 a competitor of Boeing's 717 Boeing has said that an early introduction by either company could force it Into the IM-aeat market sooner than it wants Officials have mentioned bringing out an extended version of its 7S7-M0 to meet the Airbus challenge and keep customers happy until a 7-7 cornea out Proposed layout for new TOTE trailership terminal along Blair Waterway Low interest helped Port TOTE move eased by sub-7 trailer terminal financing McDonnell Douglas Corp and Airbus Industrie also a i are working By BRUCE JOHNSON build a IM-aest Jetliner Boeing has said It requires a new engine not a derivative of an older model to launch a so-called T-T program which would produce an aircraft smaller than most commercial Jetliners Boeing spokesman Tom Cole said a new engine Is needed because an all-new product would include advanced technology with better improvements in fuel efficiency than a derivative Boeing still plans to take Its time in making a 7-7 decision despite the engine makers' announcement Wednesday "We have at least until next year to make up our Cole said The engine makers are led by United Technology Corp1 Pratt Whitney division Pratt Whitney and two European partners wifi produce the comhuster and turbine portions of the engine Rolls-Royce Ltd will lead a team of three Japanese firms to make the "cold" fan and compressor Robert Cartoon United Technology executive vice president said the seven companies hope to on versions of IM-seaters that it intended to move to Tacoma On Fob SI a terminal lease was signed by the Port and Sea-Land which will move here from Seattle by the end of IMS During the negotiations TOTE could have taken advantage of a An unusually Inaspanalvo source of money allowed tba Port of Tacoma to negotiate a least between the Port and Alaska trailer ship operator TOTE according to John Watkins tba Port official who put together the TOTE and Sea-Land Soviet container terminal deals Interest rata la aubetan Broadcasting files for Chapter 11 bankruptcy provision in the old lease stating that only TOTE not the Port fiThey were very interested in accommodating the Port's need to relocate them 9 the company generally not SEATTLE (AP) Pat O'Day managing and controlling part- of or ner of O'Day Broadcasting of paying Its debts Including trade debts a i and compensation to em UaUjHbelow the present-daybond said Watkins the Port's He said the partnership found Itself "something over a million Itself John Watkins Port official assistant director of trade development "It's substantially lea than percent Watkins refused to divulge the dollars in trouble11 He said papers to be filed by Seattle bis filed for reorganisation of the partnership operation under Chapter 11 of the federal bankruptcy code O'Day said Wednesday he his sent a letter to all clients "explaining that wo were doing this why wo were doing it and what our situation The petition filed with the federal bankruptcy court said finish the deal by July I the Jmnt4 Cartoon said the Joint the company will show assets of illlion and debts of about IIS mil exact interest rate or to explain to obtain how the Port was able "It (the TOTE lease) provides the Port with a return on Invest effort will allow the companies to produce an ment that's mote than acceptable by today's Watkins engine for a IM-seat plane at con-siderably less than the estimated million O'Day Broadcasting owns and operates XXA-AM and KYYX-FM in Seattle 13 billion cost of developing one the right to cancel that lease Involving the Alaska carrier's present terminal on Sitcum Waterway However because of the low-cost financing the Port was able to negotiate a good deal for TOTE Watkins Mid And from the outset TOTE officials were cooperative he said were very interested in accommodating the Port's need to relocate them7 Watkins said The new TOTE facility will be at the southern end of the Port Industrial Yard on Blair Waterway TOTE wu cooperative because prefers to be positive rather than a Everett trout TOTE'S vice president of operations said Wednesday Besides operating ships between Seattle and Aria Sea-Land operates ships to and from Anchorage TOTE'S Alaska port of calL made a decision to move from Seattle to Trout said "Certainly it was a decision we could relate to based on our experience in TOTE decided nearly seven years ago to move to Tacoma because of longshore difficulties la Seattle TOTE officials have re- Shipping such financing for the new 111 million TOTE terminal where TOTE will move from its present space earmarked for Sea-Land But he said it was this ingredient that made it possible tor the Port to negotiate a lease that made money for the Port and was acceptable to the Federal Maritime Commission The FMC recently approved the TOTE lease clearing the way for work to begin on the TOTE terminal design project Labor rift costs new Seattle Sheraton national convention in The Port Commission still must take action on financing the TOTE terminal Watkins said Currently Port of fidala are meeting with investment bankers to determine proper timing for financing the Sea-Land project as well as the TOTE terminal be said Watkins began serious negotiations for a new TOTE lease last fall after Sea-Land announced MN4T1MMV CbNMP IklMridh) CgwHiMirtMl hMOMIVlMi Sefftt ILMlfiM) OhMcM gg pgp fl BMC WlftlW NfW BBlCMIlIBi MPk pOM M8 gBRCFd (BfB Ilf IbbM AMIflli 1 (Pumugugj TcffMiMl A lifi aiCFlgdS (PlBBIMBiBBl RImIF TlflBlBB ICBC dCF jgggg win Mar llimil Mm ClMty Tr dBgB dBF CfkMkM cation Association voted Instead to bold the convention in Washington DCh said NBA'S communications manager Lyle Hamilton from the association's headquarters In Washington DC It is estimated the convention would have brought 13000 people to Seattle who would need 9000 hotel rooms and pump million into the economy BELLEVUE (AP) The nation's largest teacher's union his decided not to bold Us 1983 convention in Seattle because of a labor dispute at a major hotel the new downtown Sheraton The move could cost the Seattle area up to million in business officials said The board of directors of the 17-miUlon member National Edu ttmncntffMHram fiiifiraw Autos' mileage figures DETROIT (AP) FOr the first time in nine years the average fuel economy of cars sold In the United States will not improve in IMS the government says A8M lUScrtnl (L 0F8M not set to improve higher than IMS's 271 mlles-per-gallon average Environmental Protection Agency engineer Ed LeBaron said Wednesday Mileage this year for all Imported cars including those from Europe and Japan win average about mpg according to an EPA study OdBCgS gglpB (NBfVBdSBl VSBSMOflbBd Ml MMMO Sim LmS (Anarlcaal mn Tinalaai peatodly said their move wu Justified by better cargo handling Because of lower gas prices and renewed popularity of Mg cars this year's fuel economy will be no i-i production nt Tacoma smewi stmt mm 1000 wiiksmw ahttuu Keep mom of what you asm wMi Murphay Compose Ta EMmpV DOnO rUnOL IraC pUCMCQ CWCClmCni VI flRnCNi UUIIU1 WWI currently high returns end Ihc government docent lex the Intereel you flOt Cdh usual time mnimmHImi Ktoaomo in mnM Inuna Bsmmmim sii iMr yowo spwnmuo puss wo viwwwii wmoww ewwMimo kLJua aaiM VWau nigner nneeo inere ere no ioicc tat dstaln cal Miapbsy Faws chergaa You nay vShSaa 1-O0O-572-5S2S ToN-froo S4 houra In WaWOngtan Staia AHPiRt I Mi1 CmeeNo TwHfitflci Bend Fmh Inc eponecfcd by Merplicy Fans Ine 000 SsaUral FiMuciai Caulor Spokaiw WA SKOI 0M aaawiViWliaWUItlWaiiliMHtiaaWnat WMlHHaiiamiaiiiiaaWia immmt wptUaaaa ai OMOtaaUWaiiaTa waauaiia inniiiiiaawamaaaiaaaawaapat tsna k-Firsfc RAbsfcre April 15 If you worked in 1982 it was a taxing year for you Because like everyone who worked you paid taxes No way around that But that mean its too late to ease your 1982 tax burden aum awub money in your account as well as the interest it earns is not taxable until you withdraw it anytime after age Seattle-First offers a number of Individual Retirement Account Ians both variable and rate You can open a variable rate IRA for as little as one dollar Fixed Rate IRAs require a minimum deposit of $500 And unlike some IRAs all Seafirsts IRAs are insured up to $100000 by the EDIG So see your Seattle-First Radio JbaeK SALES LEASING SERVICE TRAINING iV SAVE 137! COMPLETE TRS-80 ELECTRONIC RUNG SYSTEM i i a ividual Retirement Account before April 15 1983 you can still 1 1 1 Rag Soparate Rams 913200 Dsalgn your own database In-otently rotriovo namao accounts Modal 12 Computer (284009) BMP 900 Printer (29-1292) cuatomor rueordo and moro toon And CMto (29-4401) pclntaraport MocM 12'atwo FlroMa Pkm Software Built-In disk dt SmmBI oonwww mason characters reduce last years taxable income IRA Expert today to $2000 on a single return and up And make last year ana the years to to $4000 fcr a joint return fcr come less taxing than they have to be Four fesr Fixed Rate 1060 ybMInslim i3 i Rat gpod from FAruary 15th through March 14th 1983 you to tuck money away for the VjL future and get a sizeable tax break at Cl 1 SEATTLE-FIRST the same time Furthermore the NATIONAL BANK To make banking easier see Seafirst first YieU based on daily compounding and $500 minimum depotit Substantial tax and mterat paudtxs for tarfy withdrawals I wd fwpOir Clm tS) mt iyH CwyiSw UwBteiH liras Tw I TNNw70308a8pragua (EMM off 72nd 8L) 479-7333 TwMuTaooma Mai 474-3249 0hwptO06NWSMn 760111 A BWaiON OS TANOV COSSOMirKM OHM IMS On.