Tri-City Herald from Pasco, Washington • 17

WEDNESDAY JULY 31 IMS TMCITY HERALD Wine grape growers suggest price boost and spring frost damage The 1985 crop will oe worth about $10 milium Gordon said with a total yield of 15500 tons expected down from 18000 tons last year Hus is the second year the association has recommended By RICK LARSON has to get to make a he said Suggested prices were com-puteaby a committee which considered estimated yields rieties would increase more The suggested prices per ton followed by the average 1984 price in parentheses are: Cabernet sauvignon $650 ($492) a 32 percent increase Merlot $600 (457) up 31 percent Pinot noir $650 ($455) up 42 percent Chardonnay $825 ($634) up 30 percent Chenin blanc $600 ($494) up 21 percent Gewurztraminer $450 ($357) up 26 percent Muscat blanc $750 ($552) up 35 percent Sauvignon blanc $800 ($641) up 24 percent Semilion $600 ($489) up 22 White reisling $525 ($424) up 23 percent Lemberger $575 (not available) All prices are FOB the vineyard with a minimum of 20 percent sugar a maximum of 3 percent material other than grapes and a maximum of 5 percent mold or rot Gordon said YAKIMA I( Prices of 1985 vintage Washington wines would increase an average of 17 cents a bottle if winery capacity increased wine 1 the average wholesale sales and I prices of wine varieties Gordon said wine grape growers sell their crops for the prices suggested by the Washington Association of prices to growers Gordon said the association represents growers with about half of the THE LONG AND THE SHORT OF IT Gordon estimated the price inline price of an average bottle of wine by 17 Wine Grape Growers Jeff Gordon a Pasco grower who is president of the association said Tuesday the price increase is largely due to an expected 13 percent drop in yields this year caused by winter 10000 acres of wine grapes and he said he expects more growers to use the price list this year be-' cause erf the known crop losses guy has to look at his own vineyard and decide what he CURRENT RATES cents He said that estimate is based on an increase of 13 cents for every $100 increase per ton of grapes However prices for some va INTEREST COMPOUNDED DAILY 5 YEARS TO 10 YEARS 9998 940 Autoworker salaries ANNUAL RATE EFFECTIVE ANNUAL YIELD Oregon company introduces wand-shaped bar code reader SUMW0 MINIMUM DEPOSIT 5 YEARS TO 10 YEARS In I960 the average hourly pay rata for American autoworkers was mors than ton times as high as that of similar autoworkers In Japan By 1964 the Japanese had closed the gap considerably but were still paid less than half the amount earned by their American equivalents 9831 925 CORVALLIS Ore AP) The newest product from Videx Inc is smaller than a deck of cards AUTOWORKERS' PAY IN UA AND JAPAN In US dollars: his wand into a unit that would simultaneously charge its built-in battery and transfer his patrol record to a computer Once in a computer managers can use the in ANNUAL RATE EFFECTIVE ANNUAL YIELD 1500 MINIMUM DEPOSIT formation to compute wages and monitor job -lthe performance The wand would do away with i but its designers say it packs more computer power than the early personal computers introduced just a few years ago The com month Chicago Designers about 50 Apple Comi Videx plantin Corvallis Called the Time Wand the tool is capable of 3(4 YEARS TO 5 YEARS need for time cards said Videx software engineer Jack Trowbridge system offers daily accountability" said Davis no waiting a week for a report the information is there as soon as the wand is unloaded" 9664 910 EFFECTIVE ANNUAL ANNUAL YIELD RATE reading bar codes like those used on products in ina lead ei supermarkets But Videx founder an SlOjOOO MINIMUM DEPOSIT The wand has enough memory to scan and the information in 1 1400 bar codes It also neer Paul Davis has carried the idea many steps further 3Vb YEARS TO 5 YEARS The wand which weighs a few ounces and fits jr shirt pocket has gener strong interest among people who mustkeep pre- easily into a purse or i 9498 895 has the battery power to work for at least three days on a charge Its compactness means it can be used for a variety of things from checking out library books to tracking samples through a laboratory to recording time spent on various office tasks Anywhere someone must track details the Time Wand can save effort and money Davis said EFFECTIVE ANNUAL ANNUAL YIELD RATE cise track of their hours or products Davis said Bar codes are a series of stripes which can be arranged in any number of patterns For example me pattern could signify a name and another a location Bar codes are like Morse code in 3500 MINIMUM DEPpSIT 2(4 YEARS TO 3(4 YEARS 78fo There are other products on the market that tasks but tl do similar tasks but the Videx product is that they can be arranged to say anything be used by Davis says the device could 9276 875 rity companies that have night watchmen pa trolling various buildings Each building checkpoint could be assigned a different bar code will cheaper and more convenient to use for most tasks Davis said Each wand will be priced at less than $100 A charging unit to hold eight wands will cost $289 and the software to manage the data will cost $499 EFFECTIVE ANNUAL ANNUAL YIELD RATE SlOjOOO MINIMUM DEPOSIT As the guard passed a checkpoint he could KmeWi lpatn At the end of his shift the patrolman would plug pass his time location and The product will be ready to ship in quantity by September 2(4 YEARS TO 3 YEARS Kmmropnm (E) Newe America Syndicate IMS Eflllifg laMMMa mi I SiaiUlka OwWniiSi SWSM WS MMIMIS9 9110 8 EFFECTIVE ANNUAL ANNUAL YIELD RATE' US trade deficit hits $134 billion in June 1500 MINIMUM DEPOSIT 1(4 YEARS TO 2(4 YEARS competition is cited for the Jasinowski chief economist for the National Association of By The Awociwed Prato aimed at saving American jobs In an effort to ward off those ef still too strong compared with other currencies for American industry to be able to compete in world markets 9165 8 gish the overall economy has turned in this year The gross national product has forts the Japanese on Tuesday announced a three-year trade WASHINGTON The United States suffered a $134 billion trade deficit last month the sec- Jasinowski said growth in the current quarter will be ANNUAL RATE EFFECTIVE ANNUAL YIELD advanced at a barely discernible tal rate in the first 1 percent annual six months of 1985 ond highest on record as a big ip in demand for program to open up more Japanese markets to foreign goods by streamlining the import procedures S10JM0 MINIMUM DEPOSIT weaker than the administration expects because of the continuing drag of the trade deficit and the unwillingness of businessmen to build up inventories because of what has been going A strong dollar hurts export sales and opens the country to a flood of cheaper imports While the dollar has declined by about 12 percent from its record highs in February it is still 40 percent above its 1980 average 1(4 YEARS TO 2(4 YEARS Mrs and foreign oil aefiled to the trading woes the government said Tuesday The Commerce Department Said the merchandise trade deficit climbed 56 percent in June Because of the weak growth the Reagan administration on Monday was forced to lower its forecast for growth for the whole year to 3 percent However 8999 850 For the first six months of the year the US trade deficit the difference between what America imports and what it sells abroad totaled $707 billion as the country seemed assured of far surpassing last record deficit of $1233 billion EFFECTIVE ANNUAL ANNUAL YIELD RATE many private analysts say this ate is still too optimistic from the May level of $127 billion The red ink included a re In other disappointing economic news the government also said sales of new single-fam- 3600 MINIMUM DEPOSIT much larger drop (in the dollar) is necessary to improve our competitiveness in the world Baldrige said in a statement dollar has not declined 13 THROUGH 17 MONTHS ily homes edged down a slight 01 percent in June to a seasonally cord $457 billion monthly deficit with Japan The deteriorating trade performance has led to a growing push in Congress for trade barriers enough to get us out of the competitive hole we have gotten our- Commerce Secretary Malcolm Baldrige assessing the latest bad news said the dollar was adjusted annual rate of 669000 units 8668 820 The battering US manufacturers have taken from foreign selves said Jerry EFFECTIVE ANNUAL ANNUAL YIELD RATE 510000 MINIMUM DEPOSIT Survey finds many farms make debt payments 13 THROUGH 17 MONTHS By Thu Associated Pratt VVU IV EFFECTIVE ANNUAL ANNUAL YIELD RATE 1500 MINIMUM DEPOSIT 7 THROUGH 12 MONTHS potentially at risk because of nigh debt load even though they broke even or better in 1964 development is especially critical because commercial farms although only 34 percent of all farms account for 90 percent of all farm the report stated Certain types of farms in certain regions were hardest hit the report noted Cash grain general livestock and dairy farms accounted for more than three-fourths of the farms under stress Sixty percent of the financially ailing operations were in the Corn Belt Lake States and Northern Plains the study found Those are the regions where drops in farmland values have been steepest declining by Xto 25 percent in 1964 alone le the national average was a 12 percent drop The flip side of the figures is that most farms remain financially sound Four out of five farms had adequate debt-to-asset ratios and positive cash flow the survey found ample off-farm income from a second job which many farmers use to make their loan payments Of the 214000 farmers unable to make ends meet more than half 129000 were in the $40000 and over sales class Some 38000 or 2 percent of the total were technically insolvent with debts greater than the value of their assets About 20 percent of farms in the $40000-and-over class showed both high debt load and negative cash flow while another 10 percent were considered among so-called commercial size farms those selling at least $40000 or more in farm products These farms form the heart of the food production system Among those farmers (me in three is suffering financial problems either because of too heavy a debt load inadequate cash flow or both the study said The latest study adds cashflow data to the mix to get a more complete picture of how well farmers can cope with debt The new report includes for ex 8119 770 WASHINGTON In its most comprehensive look yet at the financial pinch on American farmers the Agriculture Department says 214000 producers are so deeply in debt they make their payments Compiled as part of a detailed survey of farms this spring the figure represents just over 12 percent of the 17 million farms covered tv the study But even more telling is the news that the stress is greater EFFECTIVE ANNUAL ANNUAL YIELD RATE SlOjOOO MINIMUM DEPOSIT 7 THROUGH 12 MONTHS 7955 755 EFFECTIVE ANNUAL ANNUAL YIELD RATE 1500 MINTMUrf DEPOSIT Lear bids to acquire Detroit News NOTICE TO CURRENT OR FORMER PUBLIC ASSISTANCE RECIPIENTS 2 THROUGH 6 MONTHS 7518 715 EFFECTIVE ANNUAL ANNUAL YIELD RATE By The Lot Angeles Times If you or a member of your household had your Public Assistance benefits reduced or terminated or were assessed an overpayment because of receipt of a one-time nonrecurring compensatory award from: 3UMM0 MINIMUM DEPOSIT LOS ANGELES Los Angeles esNor- entertainment executives 2 THROUGH 6 MONTHS 7354 7j man Lear and A Jerrold Peren-chio launched an unfriendly $453 million offer Monday to acquire Detroit-based Evening News Association publisher of the Detroit News and owner of several television stations Personal Injury Wrongful Death Victims of Crime Compensation Disability benefit from Labor and Industries (not time-loss benefits) Other worker compensatory award EFFECTIVE ANNUAL ANNUAL YIELD RATE 3500 MINIMUM DEPOSIT YOU MAY BE ELIGIBLE FOR REPAYMENT REINSTATEMENT OR WAIVER OF AN OVERPAYMENT YIELD ASSUMES THE REINVESTMENT OF PRINCIPAL AND INTEREST ATORIGINAL RATE FORONEYEAR Analysts viewed the offer which was quickly rejected by t)ie company as the opening salvo in what may become the latest media takeover war As a result of a court order in the White Rohm court case non-recurring compensatory awards are to be considered as resources rather than income and the department must allow affected individuals to file a claim for benefits back to October 11981 OTHER TERMS AND RATES ARE ALSO AVAILABLE SUBSTANTIAL PENALTY FOR EARLY WITHDRAWAL UNITED TO UOjOOOuOO DEPOSIT Lear and Perenchio would not detail plans tor the company but their prospectus suggested that if successful they might sell several of the company's assets including the financially troubled Detroit News If you feel you may be affected by this action you should contact the nearest community services office to file a claim and have your casa reviewed You must file the claim before December 31 1985 The Department of Social and Health Services is appealing the decision of the court and will hold all claim applications pending final resolution of the appeal An Evening News Association spokesman said the company is not for sale.