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New Braunfels Herald-Zeitung (Newspaper) - March 24, 1985, New Braunfels, Texas Bond Buyer index Dow Jones average Money supply M1 Commodity futures index 3month Treasury index of 20 municipal bonds 20 year Index o weekly closing prices various rating 30 Infhmtrlnlfl m Ninons of Hollars key commodities weekly R 270 I I 565 pf 250 H 95 HT 560 240 IMM Illllllllllll 80 i i 1118251815221815 1160 1118251 815221 815 555 16233071421287142128 230 111825181522181522 28 4 11 18 25 1 8 15 Zl 1 b lb March March March March March Tribune Charts Source Commod ty ResearCh Producer Price Index TCM Money supply IM1 billions of dollars 198311984 Bu siness tteraldZtitung March 5A ABC takeover causes broadcast stocks to soar NEW YORK AP Takeover common to the oil has moved into broadcast Trading in the group went into a frenzy this past week after American Broadcasting said it had agreed to be acquired by Capital Cities Communications in a friendly deal valued at billion in cash and If the deal obtains regulatory and shareholder it will be the first time a network has changed and some investors think it will open the way for other networks to be taken Wall Street analysts say it would be ex traordinarily difficult for an unfriendly suitor to take over CBS or RCA which owns the NBC television But the analysts say a change in the Federal Communications Commissions rules on local station ownership has gotten broadcasting companies thinking about friendly acquisitions and and that has fueled investor The FCC rules were recently changed to allow a single entity to own up to 12 TV 12 AM and 12 FM radio The rule had been seven of The increase for radios stations is already in The higher TV station count will go into effect April Broadcast stocks have been so hot that Standard Poors radioTV broadcast index soared points to in the week ended The Dow Jones average of 30 industrials rose points to while the New York Stock Exchange composite index rose points to and the American Stock Exchange market value index rose points to Big Board volume averaged million shares a day against million the week CBS took center and rose during the Capital RCA and Storer Communications spent a good part of the week on the New York Stock Exchanges list of most actively traded Business briefs Boarnet attend conference Two New Braunfels realtors were among 80 participants of the Spring Regional Texas Association of Realtors meeting held in Del Rio Doyle Krueger and Bernard president of the New Braunfels Board of at tended the which featured speaker who spoke on new contracts being promulgated by the Texas Association of TAR executive vice president Jim Sawyer presented a program on Whats New for 1985 and included an update of new and TAR committee news of A legislative update was given by Bob 1985 TAR The realtors also enjoyed an evening of dinner and dancing in Ciudad Goff appointed to committee New Braunfels ISO tax collector Glyn Goff has been appointed to the Texas School Auditors Associations bulletins committee for The chaired by David Robinson of the Andrews County appraisal includes three other tax collectors from around the Dorrance attends Diet Center seminar Local Diet Center counselor Linda Dorrance recently attended a two day counselor training seminar in which featered leading ex perts from the fields of weight business public At the speaker and Diet Center founder Sybil Ferguson in troduced the Centers new Image One nutritional education and behavior modification She stated that Image One is the most comprehensive program ot this nature Also featured was Goldman of who is the owner of a public relations firm in Houston that has worked with Diet Centers throughout the These counselor training sessions are conducted as part of the Diet Centers continuing education The Diet Center approach to weight loss combines private daily behavior and nutrition Dorrance is among counselors in more than locations in the United States and Edward D Jones opens 800th office Stan local Edward Jones Company has announced the opening of his companys 800th This event marks an important milestone in the continued growth of our Cunningham As Edward Jones continues to we will be able to maintain the high conservative in vestment products which we offer to serious I consider it a privilege to serve the people of New Braunfels as a representative of one of the fastest growing firms in the securities According to John managing partner of Edward Jones the opening of its 800th office underscores the continuing growth of the firm and its success in serving individual In April of our firm ranked 2nd in number of 22nd in number of employees and 17th in number of registered represen With the opening of our 800th office and many more in we believe our growth will continue to outpace that of most all other firms in the financial services i Return Preparation Reasonable Rates Dalrymple Schuler Elley CPAS 6258897 PLACE 4 APRIL EAGLES HALL VOTE FOR CANDIDATE RICHARD SEIDEL CONTROLLED GROWTH TAXATION WITH CITY SERVICES BEAUTIFY NEW BRAUNFELS WITH REGULATION NOT ELIMINATION LUXURIES IN BOND ISSUE NO SPECIAL INTERESTS WILLING TO LISTEN TO YOU AND ACT FOR NEED A RIDE CALL 6292554 for by Richard Seidel 617 New TX 78130 Bachmann Edward Jones was founded in and opened its first branch office in Offices soon followed in small towns accross the Since that the firm has successfully evolved the concept of serving small towns across America with populations of people or This firm was originally located in downtown but its home office today is in Maryland approximately 25 miles outside of Since it Edward Jones has sought to provide lowrisk securities to meet the needs of conservative RICHARD VEGLIA PODIATRIST FOOT SPECIALIST HOUSECALLS BY APPOINTMENT EVENING APPOINTMENTS AVAILABLE 1000 WALNUT Suite D Next to New Braunfels National Bank 6293101 Politics in the Herald Ztitung At saving money for retire ment can be a very lucrative Youll get a deduction on your your investment will continue to grow taxdeferred until 18MONTH VARIABLE RATE From now until April 1985 youll earn a special rate of on this IRA After April the rate will never be less than the 26week Treas ury Bill Discount rate plus The minimum opening balance is S100 and you can make additional deposits S25 So youll earn a high return now and have flexibility 18MONTH FIXED RATE IRA EFFECTIVE ANNUAL YIELD This IRA plan offers you the secui ity of a fixed rate plus continuous com you must open the account before April 1985 minimum opening balance is You can make additional deposits S25 minimum and still get the same fixed rate until maturity in 18 months 24MONTH FIXED RATE IRA EFFECTIVE ANNUAL YIELD With this IRA you get secui ity and continuous compounding foi two full You must open your account before April and the minimum opening balance isSlOO noadditional deposits can be made to this The plans featured here are some of the many IRA accounts SASA Pick the one thats best for you And see why a SASA IRA is one of the best investments 501 New Texas San Antonio Savings Association Bo McAlliitei Chan man An Equal lunily Employer F
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