Ironwood Daily Globe from Ironwood, Michigan on September 4, 1998 · Page 3
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Ironwood Daily Globe from Ironwood, Michigan · Page 3

Ironwood, Michigan
Issue Date:
Friday, September 4, 1998
Page 3
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THE DAILY GLOBE, tronwood, Ml — Interest in Wall Street high pinion Friday. Sept 4.1998 Page 6 What's bad for business works well for CNBC win, lose & DREW By DAVID BAUDER AP Television Wrtter NEW YORK (AP) — It's not like television executives root for the Dow to take a dive, but they generally find that bad news for Wall Street is very good news for networks that cover business. CNBC's business coverage had the most viewers in its nine-year history just after the markets closed on Monday's dramatic plunge of 513 point.. Its previous record came on Oct. 27, 1997, when the bellwether Dow Jones industrial average dropped 554 points. Nielsen Media Research ratings for business New school produces positives It gives one a positive feeling just to look at the new school structure and the area provided by the multiple-township school district for its students. It should also give a positive feeling for the student who moves into a state-of-the-art facility. Letter ' I was seven years old when I transferred from the kindergarten school to the building built in 1915 that housed all other classes in Ewen. I was impressed in 1928 because I had never been on the third floor of any building before. The educational opportunities we had surpassed those of our parents and moved us further along than our parents in acquired skills. The bilingual language we used in our home was not easily translated and could not provide a conduit of support in our learning process. As youths, we looked at many things in a different way than our parents. The same was true for our children. They surpassed us in academy and likewise our grandchildren will surpass their parents. Why should we expect, or even want it different? Without that there would be no progress. To an adult, yMrtfeqfci^Ppr may at times seem iruej^pft or even selfish. That happens because thte mind of youth has no past to dwell on and looks to the future with urgent intensity. It is not born of a desire to be a critic, but a very normal pattern of behavior. What we may have accepted as satisfactory they may not want to accept and will chart their own course. This was/is common in all generations. Only a grandparent has the privilege of looking back at the progress and the benefits it has brought in today's world. We know and understand the sacrifices made toward that end in each generation. If they had to do it all over again they would not change a thing. Core values and family support for education has served us well and we should never sell our system short and let others take over that responsibility. Eli Sironen, Ewen coverage were up for CNBC's competitors, too. "Do I root for the market to go down? No," said Bill Bolster, CNBC president. T feel bad when the market goes down because somebody is getting hurt. But in the old days, I'm not sure they knew why they were getting hurt." CNBC hit a high of 1,027,000 households between 4 and 4:15 p.m. EDT Monday, just after the market closed. The previous business high was 1,006,000 during the October 1997 dive. CNBC telecasts news and talk programming during prime-time hours, which generally draws a larger audience. CNBC had an average of 440,000 households for the full business day coverage on Monday, also a record. For Tuesday's Wall Street rebound, CN- BC's average was 394,000 households. CNBC said it generally has about 40 percent more viewers than Nielsen estimates because people who watch in offices or restaurants are uncounted by researchers. Fox News Channel's special on the opening of the Asian markets at 11 p.m. EDT Monday drew an audience of 175,000 households, up from the typical 28,000 households at that hour, a spokeswoman said. CNN's special "Moneyline" report Monday at 10 p.m. EDT was seen in 930,000 households, or 50 percent above the audience for the newsmagazine that regularly runs in that hour. Ratings for "Moneyline" in its evening time slot were up 75 percent in August over a year earlier, the network said. PBS's "Nightly Business Report" saw viewer- ship increase slightly to 1,067,000 households Monday from its average of 970,000. . Still, some things sell even more than business: CNN's "Larry King Live" with Gennifer Flowers was seen in 1.7 million households Monday night. Watersmeet residents decide school bond issue on Sept. 24 At a special meeting of the Watersmeet Board of Education on Wednesday, Aug. 19, a very important decision was made con- This proposal carried the following conditions: no interest would have to be paid on the initial repayment of $650,000 cerninn the repayment of the awarded in April of 1998, but in • . , - ., -• \' t" \\' - > "Mi fTi'rf^ iiM'^^hfr a ^L^^'^fc*' ^•^•iH * jjBSi A by the Institute^ ciples. B1C v Letters The board decided to reject a proposal made by the Institute and continue the bond proposal scheduled for Thursday, Sept. 24, ,to pay off the approximately $650,000 the school district owes to the Institute. The board declined the Institute proposal which called for the following repayment schedule. On Aug. 31 of 1998, the board would have paid an initial payment of $75,000 with subsequent payments of $100,000, $100,000, $125,000, $125,000 and the balance paid on subsequent dates of Aug. 31. aay» ments, no millage"Increase could be made to be pay off the debt, otherwise all accrued interest would also have to be paid (an amount equal to $107 per day from the beginning of the settlement award.) The Board felt it could possibly have made the first three payments, but could not guarantee the finaj three payments, totaling over $375,000, could be made without an increase in millage, or for sure a drastic decrease in the programs presently available to ita students. The board was unwilling to take the risk of endangering the quality of the educational experience presently being offered to the students. I commend them for making such a responsible decision. The result of the board's decision is that a crucial bond issue voted roby the electorate. >l '• 4"'»TV-i'V < L r '>rt j • <MnU' hursday, Sept. ^4, 1998. ' on inurwaj -._-.-._-- iTii/> bond issue calls for an increase in millage of 2.36 mills for a period of five years, which will eliminate the debt. Passing the bond issue will require paying $88,000 in interest charges, but will ensure the quality of education offered is not compromised. It may seem to some to be a high price to pay, but how can you attach a price tag to something as important as the future of our students? As an example, the bond issue will cost a homestead with an assessed value of $100,000 (a taxable value of $50,000) $118 per year, or only $9.83 per month. Paul Kemppainen, Watersmeet Law says dogs can't run loose Almanac & Datebook Sept. 4, 1998 Today is the 247th day of J99S and the 76th day of summer. TODAY'S HISTORY: On this day in 1781, the city of Los Angeles was founded by Felipe De Neve. On this day in 1951, in the first nationwide live television broadcast, President Harry Truman spoke to the nation from the Japanese Peace Treaty Conference in San Francisco. TODAY'S WEATHER: On this day in 1941, an F2 tornado moved northeast across Minneapolis, Minn., blowing over 200 railroad cars, some weighing 40 tons including coal. Doonesbury Being a taxpayer and citizen of this city, I wish to inform you that I have the right and will exercise the right to have the dog leash law enforced. There is no excuse for my having to clean up the mess these loose dogs create. I have asked and pleaded with the .law enforcement authorities to see that the law is enforced, to no avail. It is to the point that my family and friends cannot sit in my yard without some dog growling and jumping around, not to mention having to step in their manure. I have a small dog which we keep tied at all times and I can't let him out into the yard without some huge dog trying to kill him. If you people are not going to enforce the law, then I will have to take it upon myself to protect my family and pet. There is no reason why these dogs have to run loose. If I don't get action, I will file a suit against the city officials for dere- liction of duty and failure -to protect citizens from these dogs. The law is clear that no dogs shall be allowed to run loose without being tied up. This includes all dogs. I await your response. I expect this to be taken care of. I'm tired of excuses, I want action. Ronald J. Heffner, Mary L. Heffner, Bessemer City to regulate stays in hotels, motels STERLING HEIGHTS, Mich. (AP) — This Detroit suburb is considering regulating long-term stays in hotels and motels, including requiring inspections of rooms occupied for more than 90 days. "Kids are living in hotels that were never designed for long- term stays," City Manager Steve Duchane told The Detroit News for a story Thursday. "In many cases, there are no places for children to exercise. And there are no places to congregate. People are living on top of one another." The measure has a final vote later this month. Other provisions deal with un- BY GARRY TRUDEAU CUP. CNUfHOPe OFACTUAUY FUUJNS THAT OFF MAY iJ£ POPPA ? I 7HAT5O&Y, COUU?S&KT UCAKJNG sanitary conditions, drug sales, prostitution, loitering and unsupervised children. Kathy Kropf, a homeless advocate, said the proposal is harsh and intrusive to people who need hotels for shelter because of credit or other financial problems. DAILY WtSCOMSMtCWSWERASSK. MCMOM fffSt ASSOOATIO* Gary Lamberg Andy Hill Editor/General Manager Managing Editor Ralph Ansami News Editor —In Our Opinion — — Let us know what you think Reader surveys won't tell us everything we need to know to make The Daily Globe a better newspaper, but they can be an important tool in listening to what you would like to see in your daily newspaper. Every day, people call us with suggestions, criticisms and, yes, even occasional compliments on the content of the newspaper. The idea that someone would take the time to pick up the phone or stop in with a suggestion is encouraging because it shows readers care enough about the paper to try to help us make it better; Sometimes we get some pretty bizarre commentary, but in most cases, the things people suggest, are worth considering. As newspapers go, ours is -SH^!}.-.There are inherent ' strengths and weaknesses associated with our diminutive size. On the downside, we sometimes don't have the financial resources to provide the coverage of community events we would like to. Too often, we don't have the manpower or space in the paper to accomo- date the many things happening around us. On the plus side, unlike our bigger cousins, this newspaper welcomes most contributions from the community. Some of the best things that find their way into the paper come directly from folks walking in the door with an item or an idea. Newspapers are about the names and faces of the community, they cover. We like submitted items because it allows us to get more of you and the things you are doing in the pages of The Daily Globe. Qur larger relations are sometimes less flexible and welcoming. We're asking for your help. Please fill out the reader survey on the opposite page and mail it to us or drop it off at our office in downtown Ironwood. Feel free to attach additional sheets or any other information that might be useful. We will share your comments as soon as we can tabulate the results. To sweeten the deal, we're offering a chance to win B few bucks in a drawing. Surveys won't tell us everything we need to know about making the paper a better read, but they are a start. Berry's World SHOOK uf 01BMbyNCA,lnc.

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