Index Rise Hopeful but Not Conclusive
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J -■‘-J’- ■ 24 - MANCHESTER HERALD. Thurs., May 27, 1982 Pope seeks peace Reports say battles Obstacles to and church unity in Falklands 'fierce' 1-84 are noted ^OUDU^SAIE! . page 18 DAY SAVINGS SPECTACULAR, NOW THRU MONDAY . page 7 . page 8 Rain, drizzle, fog Manchester, Conn. tonight and Saturday Friday, May 28, 1982 lamaflc — See page 2 Single copy 25(P 1 . Oaldor tow prle« PLUS a i t t o i i ^ t o for to kaopf f ... n i p > I comptoUOft Of Intofin , ' 5 i " “ ‘ fjjfeiiijjft couitotia.from Koilak Wi i A Mi’'aW 1 t l M l i t i l i J Index rise hopeful 2 _ _ purcliaaa ol Kodamatte Wl^ ' v^. npiplai Calctor Cli|Hi~$ato Sonoa;Ootipoii«..*^^^^^^^^^^^ •*1' * J ' f ''K > r but not conclusive WASHINGTON (UPI) - The percent drop in the 1973-75 recession Since mid-1975 there have been 8 Government’s index of leadinG and 14 percent in 1980. three broad chanGes in direction of O economic indicators increased 0.8 Five of 10 separate indicators that the economy, but the leadinG In percent in April — the first upturn in made up the April index contributed dicators have briefly chanGed direc Mfrwity..>4Mn a year — the Commerce Depart to the upturn. These w ere the tion 27 times. ^ ment reported today. averaGe workweek, buildinG per Nor does an upturn in the in m The report was a hopeful but far mits, stock prices, chanGe in total dicators say anythinG about how fast from conclusive siGn the recession liquid assets and the money supply the pace of recovery will be once it beGins. Most economists expect a . .^J. BONUS OFFER/ that beGan last summer is workinG in 1972 dollars. Liq\iid assets con recovery to beGin fairly soon if it $10ln Money-Saver CouponsToward Diac its way toward an end. tributed the most. Rim Developing with your Purchase of The index, desiGned as a Four components declined: new has not already done so. •: any Disc Camera! See Clerk (or details. barometer of what is ahead for the business orders in 1972 dollars, the The economic debate is over lUAMAHC *9 KOOAMATIC *ChampkV economy, had been reported fallinG speed of business deliveries, plant whether it w ill be a fairly robust F each month since May 1981 — and equipment contracts and crude recovery, as the administration mt Camara inatoiH cMaia although sliGhtly revised fiGures materials prices. hopes, or — because of continued 0 v ; to^pk''' S^wStte'''^' VWPQf Ww » released today recorded a standstill One indicator, initial claims for high interest rates — a very weak .^pfapair'ip^|ia^^p * • # • * • ^v* * in November instead of a decline state unemployment insurance, was one as many critics forecast. rtri&tr-y CiaiCM'bMlI^ that month. unchanged. Economists aGree the answer will ^#^|v':: The April index level was 125.2, An upturn in the economic in depend much on how successful ^ i i l representinG an 8.8 percent dicators is Generally reGarded as a ConGress .is in reducinG budGet cumulative decline since the reces hopeful siGn for an end to a reces deficits and on Federal Reserve i M W t e ^ n l^oi^ Mt<»»Miw-lHta'ti»«a now M ' X*- % sion began. That compares with a 20 sion — but by no nr-'ans conclusive. money policy. Koito «iw i 2 onift color or at) (MUtMRltOf Holiday forecast Better pack umbrella Better pack a rain umbrella in Stephen T. Penny w ill also speak. State officials predicted overflow your picnic basket this Memorial In other events around town this crowds of up to 140,000 people at Day weekend. weekend, there will also be a state parks and the state’s three A Predictions are for mostly cloudy memorial service Sunday at 10:45 public beaches. Some 30,000 people skies today and throuGhout the a.m. at South United Methodist were expected. The National holiday weekend, with morninG driz Church. Weather itervice at Windsor Locks, zle. Saturday. And temperatures are Meanwhile, state police braced however, forecast a chance of rain GoinG to be in the mid 70s, with for the holiday rush and park of or drizzle through Sunday with part Generally muGGy conditions all ficials prepared for thousand of sun- ly cloudy skies and a chance of weekend. bathers and picnic Goers who will showers Monday. Manchester’s Memorial Day kick off summer this Memorial Day Monday is a national holiday When holiday weekend. most businesses, banks, schools and Y parade w ill start at 9:30 a.m. Mon day in front of the Army Sc Navy The state’s beaches and parks state and federal offices-will be Club, 1090 Main St. were set to officially open Saturday closed. Led by Capt. Robert L. Kenniff, to an expected thronG who can But several department stores Herald photo by Tarquinlo the parade will proceed on Main expect to pay more for their outinGs. had employees workinG overtime to Street to Elast Center Street, alonG ParkinG fees at state beaches Get ready for Monday sales and Steady, boy East Center Street to Munro Park have doubled to $2 weekdays and f4 specials. and back to Center Park. weekends and holidays. Fees at State veteran Groups planned a Workers from the Annulll Construction Co. Savings Bank of Manchester Main Street After the parade, a proGram in state parks remain ft weekdas but number of activities, includinG volunteered Thursday to move the Lutz iobby. See page 3. Center Park w ill have attorney John have been raised to $2 weekends and D. LaBelle as key speaker. Mayor holidays. Please turn to paGe 8 Children’s Museum’s Kodiak bear to the Repairs set for 17 streets By Alex Qlrelll seal treatment. Emulsion and will be patched permanently by Here are the streets that will Get Herald City Editor chipped stone w ill be spread on their various utility companies. Workers new blacktop surfaces. surfaces and rolled down. will diG out the temporary patch and Pitkin Street from East Center Four thousand tons of bituminous Three injtersections will be replace it with permanent material. Street to Porter Street. concrete will be spread this summer reconstructed. Meanwhile the town will be com Stephen Street from Parker Street — two inches th i^ compacted to a About 50 spots on town streets pletinG its installation of water lines to East Center Street. inch and a half ridinG surface — over where the pavement has sunk at the and at least one of the state roads, Parker Street from Jensen Street 17 Manchester streets that have site of excavations or where the Main Street north of the Center, will to Jordt Street. been bumpinG local drivers alonG. road base has broken will be be resurfaced by the state when the Starkweather from Green Road to But that is just part of the road repaired by the town. water work is done. WoodbridGe Street. work that w ill be evident around The repair involves diGGinG out That road came out a clear first in WoodbridGe Street for 300 feet on 2 town durinG this construction the pavement and rebuildinG the unpopularity with drivers during a each side of its intersection with season. offendinG section of road. recent informal survey by the Lydall Street. Six other streets will Get a chip About 50 other excavation sites Manchester Herald. Russell and Alpine streets from Memorial Street to Haynes Street. Windemere Street from Board Street for 150 feet to the east. Broad Street from Windemere Lynch donates antique truck, Street to a point 100 feet north of Chambers Street. 8 Arch Sf^eet from West Center Street to RidGe Street. now hero to L.l. firefighters RidGe Street from Pine Street to Cedar Street. Chestnut Street from Park Street Because Michael B. Lynch of 99 ’The waGon was purchased by that wouldn't listen to us. He didn’t want Hartford Road and Lynch TOyote small fire department brand new in to know anythinG,” says Beintema. PleaHP turn to paGe 8 '’'had a chanGe of heart, the West 1891. In 1955 the old waGon was Given But Lynch took the fire waGon Sayville, LonG Island Eire Depart to a man who eventually donated it back to Manchester and then ment is GoinG to be pullinG Its own to the Danbury Fair. chanGed his mind. waGoii in the Memorial Day parade When the fair closed In October, What miGht have helped is an this weekend. members of the West Sayville Fire anonymous note that accompanied a inside Today Department decided , to Get back newspaper clippinG from the Dan It’u'be the flrrt time in more thaq their old waGon. bury News-Times, detailinG the sad 24 paGes, 4 sections 29 years. » At the April 2 auction, they came pliGht of the fire department that Advice ........... with ^,500 to bid on it. ’They even had lost its waGon. Lynch, who couldn’t be reached Area towns ... went a iW id the day of the auction, Lynch wrote the fire department today for comment, bought the 1891 Business......... convincinG fire depqrfment musetim and offered to sell them back the hand-pulled ladder w a ^ n a t an auc- C lassified........ Hanld photo by Thontpoon curators not to bid on the waGon. waGon for $2,750. At the tim e he said Uon of Danbui7 Fair^ounds equip C o m ic s ........... he didn’t know how much the waGon ment April 2. ’Trouble is, they hadn’t bet on Entertainment meant to the department. Littlest ‘graduate’ (’The fairGrounds have gone out of Michael Lynch.