Eastern Kentucky University Encompass Eastern Progress 1992-1993 Eastern Progress 1-28-1993 Eastern Progress - 28 Jan 1993 Eastern Kentucky University Follow this and additional works at: http://encompass.eku.edu/progress_1992-93 Recommended Citation Eastern Kentucky University, "Eastern Progress - 28 Jan 1993" (1993). Eastern Progress 1992-1993. Paper 18. http://encompass.eku.edu/progress_1992-93/18 This News Article is brought to you for free and open access by the Eastern Progress at Encompass. It has been accepted for inclusion in Eastern Progress 1992-1993 by an authorized administrator of Encompass. For more information, please contact [email protected]. ACCENT WEEKEND FORECAST FRIDAY: Partly cloudy, A presidential party Kentucky's best New confidence N*hlnthe40s SATURDAY: Dry a miw, America unites to welcome New CD features Lady Colonels win Ntfi In the 40. the new first family to D.C. Commonwealth bands at SEMO 66-60 SUNDAY: Partly cloudy, Page B-l Page B-3 Page B-6 Nth In th«40« THE EASTERN PROGRESS Vol. 71 /No. 18 14 pages January 28,1993 Student publication of Eastern Kentucky University, Richmond, Ky. 40475 ©The Eastern Progress, 1993 BOOK PROFIT BREAKDOWN High prices lead to profits state or university in the form of bonds. by the publisher. For the bookstore, ■ Bookstore profit People buy die bonds and then the the price we sell a new book for is the This graph shows how the profits from each textbook are helps pay for money goes back to those people," list price minus a 20 percent discount," divided between costs for manufacturing, marketing and said Doug Whidock, executive assis- Meade said. distribution and income for the author, publisher and bookstore. university loans tant to the president. "Basically our buy-back price, if The net operating profit from the the book is being used on campus By Mark White residence halls, the bookstore and food again, is SO percent of what we paid for News editor service facilities goes toward paying it," Meade said. The book would then off such bonds and is used to make the be resold for 75 percent of the original High prices and long lines always annual payments on the bonds. price. mark the beginning of the semester as "The best way to describe what we For instance, a book bought new Store income students wait to buy textbooks. But are talking about is to say it is the for $10 would be bought back for $5 where do these textbook dollars go equivalent of a home mortgage," and then resold next semester for $7.50. (3.9%) and how are the prices set? Whidock said. "More or less, it is an industry According to the 1991-92 Fiscal Overall, the bookstore made trend," Meade said. 'To be honest 1 report, the campus bookstore netted $4,043,698 in total revenues for the don't know of any bookstore in die $376,549 in income after expenses, '92 fiscal year excluding expenses. United States that does it any differ- resulting in a 9.4 percent profit. "The goal here is to meet expenses ently. Everyone does it the same." The excess revenue made by the and service the university," Meade Mike Bendey, owner of Univer- campus bookstore goes toward the said. sity Book and Supply, said that he Manufacturing Marketing cost* Publisher income Store operations Shipping retirement of building revenue bonds He added that the bookstore usu- buys books at similar rates. (37.3%) (12.9%) (7.6%) (5.5%) (1.7%) at the university, said Rodger Meade, ally only makes about a 5 or 6 percent Bentley said that other factors director of die campus bookstore. profit. To make this profit, die store which might affect the purchase of Source: College Store Journal "Most of the buildings on campus has to charge a markup on textbooks. Progress graphic by JOE CASTLE are built with money borrowed by the "Generally, the selling price is set SEE BOOKSTORE, PAGE A6 All In the groove REGENT NOMINEES University Party Name Sex/Race Occupation Affiliation increases Dr. William DeVrles W/M Heart Surgeon D security at Marcla Mllby Ridings W/F Lawyer R Arlington Malvin Earl Moore Jr. B/M Retired Professor D IV By DeVone Holt Asst. news editor 3 nominated As a result of several recent inci- dents of vandalism at Arlington Golf Course, the university has decided to add to the night security. for board seat Security at the golf course has increased from an hourly night patrol lations last year with board appoint- by a single watchman to a dusk-to- ■ Heart surgeon, ments in compliance with legislation dawn patrol by two newly trained se- retired professor which swept the state's boards clean. curity officers. The legislation stemmed from former The new security officers, Darla and lawyer vie Gov. Wallace Wilkinson's self-ap- demons and William Roberts, were pointment to the University of Ken- trained by university field training for regent spot tucky Board of Regents. officers and designated specifically to Neither minority nor party repre- the golf course. By DeVone Holt sentation suffered an imbalance due Budget cuts in 1986 forced cam- Asst. news editor to Gross' death. pus security to stop patrol ling the area. Gross was a black Republican, but But Bob Reynolds, Arlington's su- The Higher Education Nominat- Ron Harrell, director of public infor- perintendent, said the increased pa- ing Committee selected three candi- mation, said that Gross' replacement trols were a necessary addition. dates for the university' s vacant Board would not have to mirror these quali- "Our night watchman (Duyle of Regents position. fications. Fryar) did a good job," Reynolds said. The chosen nominee will replace "Gross wasn't the only black on "But he's one man and he can't see Dr. Rodney T. Gross, an 11-year die board," Harrell said. "Cynthia everything." member of the board, who died Dec. Elliott (a black female) was sworn in Reynolds said mat it would be 22 of lung cancer. on the board in early fall." almost impossible to see someone on Gross was vice chairman of die The Republican representation die course in the middle of die night Board of Regents and a Carter County also remained consistent with state unless a light was flashed directly on veterinarian. regulations after the departure of them. "Kids cut the fence and come Michael Mammons, boards and Gross. onto the course late at night," he said. commission director at die governor's Democrats have the majority with "The lights around the building allow office, said Gov. Brercton Jones is a 2-1 standing over Republicans in die vandals to see you but you can't huJI a. ^-^ .... : i- expected to select one of the three the state, meaning the governor-ap- see them." nominees within the next two weeks. pointed board of eight must include at —131 ;^: i ! ±l_i < ■ •* j i The nominating committee se- least two Republicans. The new security officers are ex- ; pected to patrol die grounds twice as IT5 = " • '' ! - \ \ \ lected Dr. William DeVries, a Lou- The board now has two Republi- much as the night watchman did. isville heart surgeon; Malvin Earl cans, maintaining the required num- Reynolds believes that they will be -; -eT ^-^ a Moore Jr., a retired professor who ber to meet state regulations. successful in minimizing the recent resides in Louisville and Marcia Milby All of Gov. Jones' Board of Re- attacks on the golf course. - *» SSS. m Ridings, a London attorney. gents quotas arc filled, leaving him Wynn Walker, assistant director Progress photo by BOBBI JO SHIELDS State regulations now require that the open opportunity to select Dc Vries, of police services, said the officers university boards represent minori- who isn't affected, by die quotas or Jeff Lee of the band Southern Wind gets Into the groove during a performance Tuesday ties and political registration equally Riding or Moore, both of whom have may be temporary because of possible night In Brock Auditorium. Lee, a Memphis native, plays bass and sings back up vocals. changes made in security at die end of proportional to that of die state. qualities that meet the board's require- the university's fiscal year. Gov. Jones implemented die regu- ments. INSIDE Few register for elections Students elect 15 senators a Tickets for the Centerboard _ M»nv ineumhpnts sponsored Alabama concert ■ ^any incumoenis The city commission By Mark White student senate, said. go on sale this weekend. Stand Uncontested in The faces little competition as News editor A total of 43 people ran for the positions, well. Of the five people who 15 on the ballot and 28 write ins. The 15 Pafle B2 1993 have filed for positions, Fifteen new student senators were winners were candidates on the ballot. This week's •" November election only one is a non-incum- elected Tuesday to fill 20 vacancies left Voter turnout for the election was higher class pattern: TRF By DeVone Holt bent. open after last semester. than most other January vacancy elections Accent B1 A38'- new •dter The mayor and the The positions were left open due to held in the past, Etcn said. city commission will not senators graduating, resigning or leaving A total of 322 voted in this year's va- Activities B5 Richmond Mayor Ann Durham, along with run in the May 25 primaries because they lack for other reasons, said Connie Etcn, elec- cancy election. Arts/Entertainment B3 other incumbent officials, will face no opposi- major competition. tions chair for student senate. 'The turnout for the winter vacancy elec- Classifieds A4 lion in this year's November elections.