New Braunfels Herald Zeitung, September 8, 1985, Page 5

Publication: New Braunfels Herald Zeitung September 8, 1985

New Braunfels Herald Zeitung (Newspaper) - September 8, 1985, New Braunfels, Texas Producer Price Index In billions of dollars 196311964 Bus H«rald-Zeitun$ mess Sunday, September 8,1985    5A Financial focus First Federal employees, from left, Tonya Waxier, Arthur Darling, president, and Maria Elena Gonzales, CERYL CLARK HFRALD 7EITUNG in one of the new booths at the motor bank. :irst Federal opens new motor bank Monday New Braunfels' lamest home owned financial institution, First Federal Savings and Loan Association of New Braunfels, lias rill opened a new, larger, more Business briefs convenient Motor Bank Monday. I located across the street from the old motor bank, the new First Federal Motor Bank is easy to enter from Mill Street with easy exit on Bridge Street. Eight teller lanes are now in service to better serve the public. All new state of the art computer and teller equipment has been in- STG to execute marketing communications program VoxTron Systems Inc., has named SIX* Marketing Communications, Fairfield, Conn., to plan and execute a full marketing communications program for its line of voice-actuated security systems. The assignment, according to George Bylander, VoxTron president, will include advertising, public relations, direct mail, company literature, and other collateral projects. ‘•We selected SIG because of its demonstrated strength in providing marketing support for high technology products in general and .security systems in particular,” said Bylander. VoxTron is a subsidary of Detox Corporation. Detex Corporation, headquartered in New Braunfels is a major manufacturer of watch clocks and industrial security hardware products marketed throughout the United States and overseas. Allstate invests in Comal County The Allstate Insurance group has invested more than $130,000 in bonds in Comal County, according to Bryant L. Moore, the companies' regional vice president for Texas. Comal County investments are part of more than $824,560,000 in bonds held by Allstate in 126 counties in Texas. The companies investments in Comal County include Hutto Texas Independent School District. Bonds coiiunitted for in the state, but undelivered as of April 30, include Ford Bend County Municipal Utility District No. 28, Texas, Waterworks and Sewer, $2,450,000, Moore said. “It continues to be Allstate policy to support the development of areas in which we do business by investing in local communities,” Moore said. “We are a corporate citizen in each of the communities rn which our offices are located. Uke all citizens, we will share in the prograss of these communities and surrounding areas.” Randolph Chamber salutes Marion The greater Randolph area Chamber of Commerce salutes the Qty of Marion as the member of the week. The City of Marion, a friendly municipality, is located in Guadalupe It is geographically ten minutes from Interstate 35 corridor and twenty-five minutes northeast from the San Antonio Metroplex. Citizens enjoy the country style living and children are able to enjoy a family oriented enviroment. City and school district governments provide excellent services for the citizens and student population. Ureal merchants provide various shopping opportunities. These range from the local grocery store to one of Texas' best nuseries. The city also has excellent hornecooking at fine restaurants. The Heimifest, an annual event, attracts numerous visitors to the one day celebration. Businesses and persons considering relocation are encouraged to visit "Texas’ Best Kept Secret! ” Cates completes well control and blowout prevention course A local resident has recently completed a training course in oil well control and blowout prevention. Cody Cates, of Boute 8 in New Braunfels, will receive certification from the U.S. Minerals Management Service for his work in the company sponsored training. Cates undertook tile course at the Western Oceanic, Inc. Training Center locates in Houma, La-, according to Western’s Manager of Training, Lynn Charles. Cates, a native of Powell, Okla joined Western Oceanic, Inc. in 1382. His current assignment is driller on the jackup drilling rig, Polaris I, operating off the West coast of Africa in the Gulf of Guinea. TEC sponsors employee seminar AUSTIN — Texas Employment Commissioner Mary Scott Nabers has announced the first of a series of half-day seminars to be conducted statewide in the coming months. The seminars, announced last week by Gov. Mark White and Commissioner Nabers, are aimed at helping Texas employers control unemployment tax costs. Con nissioner Nabers, the employer representative at T.E.C., said the project was a result of the numerous employer inquiries she has received since her recent appointment. “As a former employer, I ain well aware of the concern over rising tax costs. There are ways to reduce these costs. Employers have been asking for help and these seminars are our way out of responding to the requests,” she said. Gov. White, who appointed Nabers to the T.E.C. in December 1984, said, "Texas employers are the foundation of this state’s economic vitality.” He urged employers to take advantage of the seminars designed to cut the cost of doing business in Texas saying, "We can create an even more desirable business climate in this great state.” During the half-day seminars, Employment Commission representatives will discuss the laws and procedures concerning unemployment compensation taxes, ideas for immediate cost reduction. By STAN CUNNINGHAM Edward Jones Co. An old Wall Street broker once told me, "It’s a market of stocks, not a stock market.” It took some years and a little experience to understand that important distinction. Although the market as a whole may be up or down, any particular stock is valued on its own merit. Indirectly, however, all stocks are influenced by-market action. The daily stock market reflects the overall mood of the investment world. There are several yardsticks used to measure stock market activity. One widely-used index is Standard and Poor’s 500 Stock Index. The research firm of Standard and Poor’s assembled 500 stocks that represent all major industries in proportion to their representation on The New York Stock Exchange. At the end of each trading session, the market action of these 500 stocks is recorded and averaged. The results indicate the direction of the index. Another popular index is The New York Stock Exchange Common Stock Index. This is a composite index covering price movements of all common stocks listed on the "Big Board.” It is best explained by the NYSE: The Common Stock Index is based on the close of the market Dec. 31, 1965 as 50.00 and is weighted according to the number of shares listed for each issue. The index is computed continuously by the exchange’s market data system and printed on the ticker tape each half hour. Point changes in the index are converted to dollars and cents to provide a meaningful measure of changes in the average price of a listed stock " The third, and probably the most popular, is the Dow Jones Industrial Average, commonly referred to as "The Dow.” Years ago Dow Jones and Company, which publishes the Wall Street Journal, selected 30 blue-chip industrial stocks representing virtually every major industry in the U.S. These stocks became the standard of the market Through the years, stocks have been deleted from the original 30 replaced by others which better represent our changing from the original. stalled to help provide faster service. Two of the new teller lanes have large heavy duty capacity needed for commercial customers and for people handling large amounts of coins. First Federal’s Motor Bank is open Monday through Friday from 7 a in to 6 p.m and Saturdays from 9 a m. to I p.m. President and Chairman of the Board, Arthur L. Darling said, "The opening of our new motor bank has been a long time in the planning and building stage. We are proud of it and the opportunity it provides to help us serve our customers better.” Darling also said that the former motor bank will be closed for the time being with its equipment kept ready, should it be needed in the future. First Federal, with its home office at 199 Main Plaza in downtown New Braunfels has branch offices in Sattler, downtown San Marcos and Wimberly. Founded in 1934, First Federal has grown with the greater New Braunfels area, now having assets of over $260,000,000. Marusch is honored Stephen Marusch of New Braunfels, area representative of the Newton Manufacturing Company of Newton,Iowa, was honored recently as a member of his company’s 1985 National Bookie All-Star Sales Club. Marusch has been associated with the Iowa-base firm since May and serves the New Braunfels business community, as well as firms in several surrounding communities and counties. The Newton Manufacturing Company is the nation’s largest exclusive distributor of advertising specialties, calendars, wearables and promotional business gifts. Items include shirts, caps, jackets and specialty items such as ashtrays, pens, banners and pennants, decals and signs, desk sets, lighters and lucite embedments Marusch is active in community life in New Braunfels, serving as an umpire for the American Softball Association, He is currently an umpire for the City league of New Braunfels He resides at 384 W Bridge in New Braunfels. Stephen Marusch DERYLCLARK HE RACO ZEITUNG Pete's Gym held its grand opening last Saturday. Pictured, from left, Pete Rivas and Mike Reimer, co-owners, watch as instructor Tammy Renken tries out some of the gym s equipment. Other owners include (not pictured) Bret Hadlock, Looney Hadlock and Spud' George The gym is located at 747 Texas Highway 46 South 'It's a market of stocks, nota stock market' ;

  • Arthur Darling
  • Arthur L. Darling
  • Bret Hadlock
  • Bryant L. Moore
  • Cody Cates
  • George Bylander
  • Looney Hadlock
  • Lynn Charles
  • Maria Elena Gonzales
  • Mark White
  • Mary Scott Nabers
  • Mike Reimer
  • Pete Rivas
  • Stephen Marusch
  • Tammy Renken
  • Tonya Waxier

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Publication: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

Issue Date: September 8, 1985

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