St. Lucie News Tribune from Fort Pierce, Florida • 24

BIO The Tribune Friday October 13 1989 Financial foolishness? Parents: We trust teens with credit Sandy Shore THl ASSOCIATED HIM DENVER Would you give Credit card to a teen-ager? Linda Fingersh would felt that it would be to hia advantage to learn about credit now in a small controlled said Mrs Fingersh who helped her 13-year-old son Adam get a credit cud from the Young Americans Bank very very responsible and that's why we cosigned" More than 300 teen-agers have applied for credit cards since they were offered Aug 8 said Leanne Cadman a loan officer at the bank The bank's premise is simple: Credit is a fret of life and every Adam Fingersh 13 left signs his credit card receipt The cud has a $100 limit and is available to people who are at least old who 1 youngster needs to team how to use it responsibly weVe trying to do is to teach them 1 have had a sav make sure what bqying is worth Cadman said ings account with a minimum $10 balance for at least six months After alar: Growers getting out Michelle Locke THl ASSOCIATES MESS 000 to continue" said Frank Carlson co-owner of Orchards Inc a 150-acre concern in Harvard Growers are marketing a greener McIntosh apple and trying to convert bruised fruit into apple juice sauce and cider said Agriculture Commissioner August Schumacher Jr A new trend may be the brewing of alcoholic hard cider he said The McIntosh crop was down this year except in Vermont with the yield estimated at 71 million bushels instead of the projected million according to figures from the regional apple institute The growth-retardant Alar keeps apples on the tree longer producing redder fruit with a longer shelf life It voluntarily was taken off the market earlier this year after a private consumer group arid eating apples treated with the chemical increased cancer risk in children The apple industry and federal Environmental Protection Agency and the Food and Drug Administration disputed the report as an exaggeration of the risk and the EPA has proposed new standards for use of the chemical Alar was just one of the factors in the reduced New England McIntosh crop and the problem of apples dropping before they could be picked was not as bad as had been expected said Wesley Autio assistant professor of pomology the study of fruit-growing at the University of Massachusetts But the loss of Alar is hard on McIntosh apples because they are a tender variety 32 SPRINGFIELD Mass A season without Alar has taken fra toll on McIntosh apples the crisp and tangy mainstay of New England's fall crop forcing some growers to begin the lengthy process of switching to hardier varieties Agriculture officials say some growers are being forced out because they cant afford to wait the five to seven years it can trite for new trees to produce cant just change over said John marketing director of the New 1 York New England Apple Institute know some growers that have tossed their hands up in the air and -said they're done not going Rate i I f-t i S' Junk From B6 vich Inc bonds have declined four points this week as investors were discouraged by a lower-than-expected sale price for its Sea World theme parks Supermarkets General Corp which Path mark grocery stores also has been under selling pressure in recent days apparently no reason" Baid a a trader at a i longer-term US Treasury bonds gained about 0 A percent debt That could crimp plans for junk-financed expansions acquisitions or restructurings Traders said the junk bond weakness has extended in recent days to include securities of some companies normally seen as stable' I Bond prices of DuraceD Inc lost about lit points Wednesday and Thursday Harcourt Brace Jovano- A sustained decline in junk I i bonds which offer high yields to investors to compensate for compap' poor credit ratings could discourage use of the high-cost not to be major firm who named Sun From B6 solar research program director most of the money went into research It helped in promoting this type of technology To develop an energy source takes from 50 to 100 The solar village contains a sophisticated solar laboratory where environmental effects on the efficiency of solar energy can be simulated and measured Tire original purpose was to use a concentrated photovoltaic system to convert the rays into 350 kilowatts of direct current electricity a day The beneficiaries are the 4000 residents of three nearby villages They received solar-generated electricity for five years their first source of reliable power The villages are now hooked into main power grid which is also suppled by the solar village But officials at King Abdul-Aziz Center for Science and Technology a quasi-govemmental organization that spearheads solar research are not discouraged knew it would be expensive at said Fahad Hurrib the mmm mB mur iFUR DAY MURRAY Computer From B6 But others feel the threat is real from the so-called Columbus Day virus programmed to activate after internal clocks hit 12:01 am Friday and begin doing its dirty work when an operator begins using an infected program talking about a communicable disease that is absolutely said Winn Schwar-tau president of American Compu-ter Security Industries in Nashville Tenn not going to be Armageddon today or tomorrow But if you ignore it and infected the risk is high for getting your data Schwartau said By coincidence more than 2000 of the nation's top computer security experts convened their annual meeting Thursday in Baltimore Md Organizers said few if any opted to stay on the job because of the vims threat Institute of Standards and Technology should make a backup copy of their files and call me in the morning: virtually no way it can spread around and cause any significant damage at News From B6 vided by community donations All public television stations thrive off of such donations heard is that a news operation is the most expensive part of a station" Rhea said be lean and mean and do what we can with Brightly said he believes the station can easily raise the $15 million per year expected to maintain the level of quality he wants on WTCB To cut news costs Brightly said he is considering offering moonlighting jobs to correspondents with the regions newspapers and radio stations Beyond that little about news department is known or is being made known Peterson said she wants to keeps lid on most of the station particulars until Oct 28 when a press conference will be held to release further details The location of the press conference is pending The Treasure Coast has been without its own source of local news since August when Fort Pierce-based WTVX-Channel 84 discontinued televised news programs after 23 years The station once a CBS affiliate dropped news to pursue an independent broadcasting format Peterson is no stranger to news gathering Prior to coming to Jensen Beach as a freelance writer in 1987 she was a writer and producer for CBS News and NBC News in Washington DC and was an associate editor of the South Florida Business Journal Besides news Brightly wants to include televised college courses in association with Indian River Community College and some program- ming produced at Palmetto two other stations WPPB programming will target senior citizens while WKEB will cater to Hispanic viewers Edwin Massey president of Indian River Community College said talked with Channel organizers on an basis for the past two months but no decision on the role with the station has been determined While the Corporation for Public Broadcasting hi Washington DC still must approve WTCB as a public television affiliate Brightly is certain the approval will come He said he worked in public television at least three years and know how the approval process that end hoping we can fully become part of PBS by January" he said Brightly said broadcasting license applications for all three stations were submitted to the Federal Communications Commission nearly six years ago The approval process takes at least five years Beach Brightly believes the Treasure Coast has grown enough to deserve its own public television programming instead of relying on Palm Beach County-oriented shows places in the country have two PBS stations and fewer people than the Treasure he arid fact this is about the only area in Florida not effectively covered by public Part of improving that effectiveness includes providing local news reports and avenue for public opinions from this Brightly said be really good we need high-quality local news coverage so we plan to have a foil-time news gathering he explained But viewers are not likely to confiise news programs with those broadcast by network affiliates in Palm Beach County said Lynne Peterson the acting general manager do not intend to lie competitive with the other she said our goal is to compliment their Rhea agreed and said the news-gathering must work within the operational fonding pro Peace of Mind Banking $1000 minimum deposit required The annual yield assumes reinvestment of principal and interest at the same rate and tenn Substantial penalty for early withdrawal Rates available in Indian Rivet SL Lucie and Martin counties only Member FDICC 1 989 SunBanlu Inc A SunThut Bank "Itae or MM i wM 4 0 5 0 i --V i 1.