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December 06, 1979 - Image 10

Resource type:
Text
Publication:
The Michigan Daily, 1979-12-06

Disclaimer: Computer generated plain text may have errors. Read more about this.

age 10-Thursday, December 6, 1979-The Michigan Daily

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What makes Tech Hifi the best place to buy stereo?
It's our unique combination of
knowledgeable salespeople, sound-
rooms you can play in, a great selec- :
tion of quality brands, and important
extra guarantees, like our90-Day Full
Credit Trade, 60-Day Defective Ex-
change, and 7-Day Moneyback Guar-
antee. This is a combination you won't
find in any appliance or department
store.
Best of all, thanks to the
buying power of the 72
Tech Hifi stores, we can
guarantee you the low-
est price. You'll get our
30-Day Price Protec- 11.

tion Guarantee in writing, right on your sales slip.
On this page is just a small sample
of our special Christmas "packages".
Each is selected for optimum per-
formance and value.
This week, come play any of the
many special Christmas packages on
display in our soundrooms. And listen
to what your money can buy at Tech Hifi.
While you're at Tech Hifi, ask for
your free copy of The 1980
HifiBook. It has 128 pages
in full color filled with in-
formation you should
know about the latest
in stereo.

Chicago
teachers
may miss
paychecks
CHICAGO (AP)-Already hit this
week with a second drop in its bond
rating and the defection of two more
top-level officials, the Chicago school
district grappled yesterday with the
prospect of a payless payday for its
nearly 50,000 employees.
The new school board president,
Catherine Rohter, told reporters she
might try to raise at least part of the
$41.5 million monthly payroll due
tomorrow, but only if teachers and
other employees would accept such a
plan in advance.
SHE SAID SHE had discussed the
partial payment idea with Robert
Healey, president of the Chicago
Teachers union, on Tuesday night and
that he said he would think about it.
Healey had no comment on the
suggestion yesterday, but he said his
union's 23,000 members would not
strikeif they went unpaid tomorrow. He
said, however, that they would hold an
emergency meeting tomorrow night to
discuss future moves.
A payless payday was averted for the
system's 48,600 employees last month
after the state freed an advance
payment of $55 million in the district's
December stateaid allotment.
THE TEACHERS, Healy said, "don't
know from payday to payday whether
they'll get paid. That raises their
anxiety level. You can't really do a job
well when you're wondering if you'll
have any kind of Christmas for your
family."
He refused to speculate how long they
would work without being paid.
City and state leaders said they would
not make any decision on bailing the
school system out again until their
financial officers went over the books
today or tomorrow.
Mayor Jayne Byrne charged yester-
day that school leaders had "covered
up" the financial crisis, which she said
had been building for a decade.
"WE'RE DEALING with problems 10
years old that were covered up and
changed, and the schools were por-
trayed to be strong when in fact they
weren't," she said.
"The sehool board had its facts given
to it and it just wanted to sleep," she
said. "Now everybody's awake."
The financial crunch hit Nov. 14 when
Moody's Investors Service lowered the
district's short-term note ratings and
school officials were unable to borrow
$124.6 million to meet expenses. On
Monday, Moody's dropped the bond
rating again because the board missed
a $13.8 million lease payment to the
city.
IN ADDITION to payroll problems,
Mrs. Rohter said that "we are dread-
fully behind in payment to all our ven-
dors and suppliers." However, she
would not comment on reports the
board was $20 million behind in those
accounts.
The schools are in "a very dee. . .
fiscal problem evidenced by everyone
leaving the ship," Healey said.
Deputy Superintendent Eugene
Guiterrez and chief finance officer
Robert Stickles submitted their
resignations on Tuesday. Superinten-
dent Joseph Hannon and then-board
president John Carey quit last week.
Goldman Sachs & Co., part of a
special committee of accountants,
lawyers and budget analysts, said last

week that the system needed $475
million to get back on firm financial
footing.
U UM

$599.

WKEN WOOD

Here's a beautifully-matched, high-performance Kenwood component sys-
tem. And Tech Hifi's $599 Christmas package price includes the handsome
walnut vinyl rack pictured! This system has a Kenwood KA5700 amplifier
with 40 watts perchannel (8 ohms, 20-20kHz.) at only 0.04% distortion. This
amplifier has dual power meters, dual tape monitors, and a subsonic filter.
The tuner is a fine-performing Kenwood KT5500, while the turntable is a
Kenwood KD1500, with automatic shutoff and a Pckering cartridge. The
loudspeakers are accurate, wide-range Kenwood LS-300's.

*19 9T D C 4 KENW D Philips
Tech Hifi's $199 package is your best introduction to component
stereo. You'll get better sound than the similarly-priced "compact"
systems you find in department stores. And you'll get all of Tech
Hifi's great guarantees. This system has a TDC 1500 am/fm stereo
receiver, Kenwood LS-100 speakers, and a fully-equipped Collaro
1251 automatic turntable by Philips.

299 Technics PiONEER D I
Our $299 system combines great-sounding components at a
budget-pleasing price. The receiver is Technics' popular SA80. It
drives a pair of Pioneer XD6 loudspeakers. Thanks to modern,
vented design, XD6's deliver both deep bass and high efficiency.
Finally, you get a brand-new BSR Mark Va automatic turntable with
belt drive. It comes complete with an ADC cartridge.

~~399-- =- = 000U.~ PICKERING
*399 ~ 2= =.= ce --
Tech Hifi's $399 system gives you more power, better reception
of weak FM stations, and an even more precise turntable. It teams
a Kenwood KR3090 stereo receiver (delivering 27 watts per
channel FTC) with elegant KLH Classic Jr. loudspeakers and a
fully-equipped B*I*C 20Z turntable (complete with a Pickering
cartridge).

$659 Philips PIONEER, ' audio-technica,
This $659 package gives you "high-end" sound at a middle-of-the-
road price! It features rave-reviewed Ohm Lloudspeakers. They're
driven by Pioneer's best-selling SX680 stereo receiver., with 30
watts per channel (FTC). For your records, there's a fully-automatic
Philips GA406 all-electronic turntable, complete with a light-
tracking Audio-Technica AT100E cartridge.

Pamper
Some
! Ione
Ulrich's carries
a complete selection of

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