University Daily Kansan / Tuesday, October 16. 1990
9
August sales outweigh increase in inventories
The Associated Press
WASHINGTON — Business sales rose 2.1 percent in August, outpacing a 0.5 percent gain in inventories, the government said yesterday.
The Department of Commerce said sales totaled a seasonally adjusted $551.9 billion from $540.4 billion in July. Sales had declined a revised 0.4 percent rather than the 0.5 percent first reported last month.
The activity pushed the ratio of inventories to sales back down to 1.46 from 1.48 in July. The ratio means it would take 1.46 months to exhaust the backlog of goods at the August sales pace.
The department said inventories on shelves and backdrops in August totaled a seasonally adjusted $800.5 billion with $802.2 billion the previous month.
Many economists do not consider a 1.46 ratio to be unusually high. But a larger increase could be worrisome in relation to sales could cause production cutbacks and job layoffs as businesses attempted to sell off the backlog.
Retail sales dropped 0.4 percent to $149.6 billion.
Both manufacturers and wholesalers posted gains in sales. Manufacturing sales were up 3.4 percent to $245.9 billion, while wholesalers listed a 2.6 percent increase to $156.4 billion.
But economists said the two special factors masked an otherwise weak report, which included a large decline in department store sales. Excluding gasoline and autos, sales rose only 0.1 percent last month.
The department reported Friday that retail sales rebounded 1.1 percent in September, driven largely by purchases and surging gasoline prices.
Retail backlogs were up 1.3 percent to $295.5 billion. Manufacturers accounted for 86 percent of the billions while wholesalers registered a 0.3 percent increase to $190.6 billion.
New inquiries into Enquirer won't have effect, editor says
The Associated Press
LOS ANGELES — The Nationa Enquirer has been tattling about celebrities for decades, enticing millions of supermarket shoppers with tantalizing headlines about lustful,ilted or diseased stars.
Now, inquiring minds are witnessing the tabloid under siege.
In recent weeks, CBS TV'S "60 Minutes" did an expose. The magazine uncovered a sources scam and was sued by Roseanne Barr have filed lawsuits.
But National Enquirer Editor Iain Calder said last week that the United States is "largest circulation of any paper in America" — needn't worry.
Readers can expect more juicy headlines on the order of "Princess D Dipregnant. How She Used Food and Techniques to Make Sure It Is A Girl
"You won't see any difference in the way we cover stories." Calder said from his Lantana, Fla. office. "It sort of goes with the territory. Every two years you suddenly get attacked.
"After all these stories are run.
within a few days, the dust will settle."
The current wave of Enquirer-bashing started with the October issue of Los Angeles magazine, which said the tabloid paid sources for stories they had nothing to do with.
The National Enquirer, with a circulation of 4.1 million, maintains it scrupulously investigates stories before publication.
"Basically, what your lawyers tell you is, 'Do you believe it and have checked it?' " Calder said.
Rod Lurie, who wrote the magazine article, said he obtained a 10-page list of Enquirer payments and sources. Many of the sources insisted they never supplied the information they were credited with, according to Lurie. Calder said the document was stolen.
The Enquirer maintains its accuracy has been unfairly questioned.
Just last month, Taylor filed a $20 million libel suit against the National Enquirer. The suit said Taylor was wrongly accused of stealing money when a front page headline June 12 screamed: "Liz Docs Furious. She's Booing It in the Hospital."
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Wherever I'm in CoCapehannah I am into American college students enjuing myself in a form in Denmark, studying with DS. We stand in the street and talk about Dances about cultural differences, about how much we may pound butter and wind up our pies, about small homecaves society with a locomotive culture, and a good place for an American to as to find out what it means to be Ds.
Garrison Kelllor Garner Service
To live the events while you study them is incredibly stimulating
Paula Godwin, KU, Spring 1989, Business Major. This is the best thing I have ever done! When can I go back?
Ashley Cockrum, KU, Fall 1988, Architect
Major. The program I taught in helped me fulfill all
the goals of the program.
Scot Diesel, KU, Spring 1989, Business Major.
The DIS expansion program gave me with a very different type of education than I could have received in the State. The material was much more current and useful.
SPRING 1991 PLACES STILL AVAILABLE!
DIS, Denmark's International Study Program, is one of Europe's oldest, largest and most highly esteemed study abroad programs recognized and supported by the Danish government.
For further information please contact:
Nancy Mitchell, DIS Coordinator
Office of Study Abroad. University of Kansas
730NEWJERSEY843-4416
730 N.J. We honor 843-4416
Three new ways to survive college.
The Macintosh Classic
With Apple's introduction of three new Macintosh computers, meeting the challenges of college life just got a whole lot easier. Because now, everybody can afford a Macintosh.
The Macintosh Ilsi
The Macintosh Classic is our most affordable model, yet it comes with everything you need—including a hard disk drive. The Macintosh LC combines color capabilities with affordability. And the Macintosh IIS is perfect for students who need a computer with extra power and expandability.
No matter which Macintosh you choose, you'll have a computer that lightens your work load without
giving you another tough subject to learn. Every Macintosh computer is easy to set up and even easier to master. And when you've learned one program, you're well on your way to learning them all. That's because thousands of available programs all work in the same, consistent manner. You can even share information with someone who uses a different type of computer—thanks to Apple's versatile SuperDrive," which reads from and writes to Macintosh, MS-DOS, OS/2, and Apple"II floppy disks.
See the new Macintosh computers for yourself, and find out how surviving college just got a whole lot easier.
See your campus computer store for details.
The power to be your best at KU.
© 1990 Apple Computer, Inc. Apple, the Apple logo, and Macintosh are registered trademarks of Apple Computer, Inc. SuperCrew and "The answer to your question" are trademarks of Apple Computer, Inc. Classes are registered trademarks licensed to Apple Computer, Inc. or registered trademarks of the international business Machines Corporation.