Tuesday, February 1, 2000

New Braunfels Herald Zeitung

Location: New Braunfels, Texas

Page: 5

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Text Content of Page 5 of New Braunfels Herald Zeitung on Tuesday, February 1, 2000

New Braunfels Herald-Zeitung (Newspaper) - February 1, 2000, New Braunfels, Texas Tuesday February 1 2000 HERALDZEITUNO Page 5A State working for accurate head count Dow Jan CLOSE NET CHANGE CHANGE HIGH LOW 64 RECORD HIGH Jan 14 2000 iy NOV STOCK MAftKiT INDEXES 52Week High Chg Chg Chg Industrials Dow Transportation DowUtililies NYSE Composite Amex Market Value Nasdaq Composite Russell 2000 Wilshire 5000 STOCK EXCHANGE A NYSE NASDAQ GAINERS OR OR OR MORE Name Last Chg Last Chg Last Chg Chg OreSII 5Vie 26Vi6 BritSky 143 10 TelNrdeC BakrHu 3 Bio CascdeCp 10Vo 3 93A Avista pfL 21 3 13Vi6 CarrSrv 5Vie 7Va Enron s 67 Hershey 41 CocaCE 25A 6 LOSERS S2 OR OR OR MORE Name Last Chg Last Chg Last Chg Chg Meditrust 3 2 2 WldFuel 6 2 3Vi6 OmegHIt 7 4 Sothbys 20V2 OptiCS 11 Vie RylCarpI 2V2 Provntgen 73A V2 1Vs AdvCmG 12 1 3A Chyron 1 IvexPkg 1Vi6 4Vffi 14Ve Aviation 2 Vie 4 1V4 MOST ACTIVE S1 OR ACTIVE S1 OR ACTIVE S1 OR MORE Name Vol 00 Last Vol 00 Last Vol 00 Last Chg AmOnlne S304868 56 S394895 127 Compaq 217935 27 107687 350752 97 Lucent s 151452 55 Cell 22503 67 s 330997 124774 52 22502 29 s 325756 98Vi6 PhilMor 115252 21 21744 s 320321 109V2 SBC Com 11 1626 42 13123 318143 Citigrps 102036 57 9966 109V2 287 129 45Vie Pfizer s 100897 9408 29V8 176724 Tycolntls 98890 43V16 8829 Uni s 161589203Vi6 BkofAm 84116 8293 3 121939 631Vi6 Advanced 1 declined Jnchanged 834 Total issues issues issues Highs Highs Highs 44 New Lows Lows Lows 108 Volume Stocks OP LOCAL YTD Name Ex Div Yld PE Last Name Ex Div Yld PE Last ATSTs NY 88 30 52 s Nasd 12 1 47 98Vi6 AXAFns NY 10 3 15 Vie NY 48 4 27 112A Albertsn NY 72 26 30Vz Nasd 203Vi6 Amazon Nasd NY 17A AmOnlne s NY 2 NY 34 86Vi6 Amqens Nasd 62 s NY 08 1 57 55 AppleC Nasd 28 103 Nasd 34 45Vi6 ApldMal Nasd 73 137A NY 20 5 27 37 BMC Sit Nasd 38 Nasd BkofAm NY 11 NY 32 BellAll NY 23 Nasd 60 to BellSouth NY 76 25 NY 22 Biogens Nasd 62 86V 53A NY 48 4 136V2 BrMySq NY 98 32 66 Amex 179Vs BroadVis s Nasd 127Vi6 NY 15 2 CMGIs Nasd 72 Nasd 61 NY 70 63A CentBusn Nasd 6 ChaseM NY 13 Cisco s Nasd Citigrps NY 64 20 57 CocaCI NY 64 46 ColgPals NY 63 41 59A A Compaq NY 10 4 48 27 Compuwrs Nasd 19 Vie Conexnls Nasd 84V2 2 CnEplA NY 58 DellCpirs Nasd 64 Disney NY 21 6 58 36Ya Nasd PagingN Nasd to PepsiCo NY 54 27 34Va Pfizer s NY 36 44 PhmRes NY 4 PhilMor NY 7 21 ProctG NY 39 Qualcoms Nasd NY ReliantEn NY 6 t SBC Com NY 98 24 SPDR Amex ETrade s Nasd 21Vi6 Nasd 41 EMCs NY Nasd 55 32 EnlerPT NY 9 14 Nasd 84 EricTel Nasd 05 1 Nasd 39 54 ExodusCs Nasd 4 NY 30 6 12 ExxonMob NY 37 NY 11 35 GST Tele Nasd Nasd 37 503A GTE NY 18 NY 18 2 GenElec NY 41 133 1 NY 05 1 28 43M GlblCrsss Nasd 50 NY 23 A 56 HomeDps NY 16 3 61 NY 20 4 47 to Inlormx Nasd 12Vz A NY 80 18 40 InloSpces Nasd 140Va11 Nasd MONEY Week Prime Discount Federal Funds Day Britain Canada France Germany Italy Japan Mexico 1 4430 British pound expressed in dollars dollar in foreign others show idelity Invest Magelln Vanguard Idx Fds 500 American Funds ICA p American Funds Wsh p idelity Invest Grolnc idelily Invest Contra Amer Century Inv Ultra Janus Fund American Funds Eupac p Janus WrldW American Funds N Per p Vanguard Idx Fds Instldx Fidelity Invest BluCh American Funds Gwth p Vanguard Fds Wndsll Vanguard Fds Wellln Fidelity Invest Puriln Putnarh Funds A VoyA p Fidelity Invest GroCo Fidelity Advisor T GrOppT PIMCO Funds Insll TotRt Fidelity Invest Eq Inc Putnam Funds A GrlnA p American Funds Inco p Fidelity Spartan Eqldx Vanguard Fds USGio Vanguard Idx Fds TotStk Total Assets Total Pet Mln Init SMIns NAV 4wk 12mo 5year Load Invt LC SP LV LV LC XG LG LG LG IL GL GL SP LG XG LV BL BL XG XG LV IB El LV El SP LG XC NL NL NL NL NL NL 250 250 250 250 NL NL 500 NL NL NL NL NL NL 500 NL NL NL CP Cap Apprec El Equity Inc Gl Growth Inc GL Global GM Gen Muni GR Growth HM HiYld Muni IB Interm InvGrd Corp IL Internal LG Long Govt MC Midcap MG Mortg MP Stock Bd SS SinglSt Muni Total Rain Chng in NAV wilh dividends reinvested Rank How lund performed vs others with sm objective A is in top E in bottom Min Inil Invt Minimum needed to invest in fund NA Not avail NE Data in ques tion NS Fund not in existence Source Upper Inc Preferred s StaPk 9 or ww in Cdn stock in New In past K waeks sleek div of 9 pel or nwre in past 52 wwks PC a PE war 99 a loss In 1 v f Trading halted on primary market vj tenkruptcy or receivership wd vyt Warrants ww a With warrants Mutual Fwjtl EX NL No upfiwt sates gum P Ptwi uwrt to pay dietntaiion wots r Rsdsmptiwi or coniinrjent deterred sato may apply 1 ftoth p and r I wiS When Issued AUSTIN AP The state will do every thing it can to make certain that all Texans especially those in the inner cities and along the Rio Grande are counted in the upcom ing census Secretary of State Elton Bomer said Monday Bomer designated by Gov George W Bush to head up the states push said people living in those areas were undercounted in the 1990 census Were working for a noble cause That is to ensure the federal government knows how many Texas residents its going to have to reck on with in the coming Bomer said The states efforts will include local commit tees working to encourage full participation and to ease any fears residents may have about completing the census surveys We will get the word out that filling out the census questionnaire is vital to the future of our state And more important that filling out the census questionnaire is safe and confiden Bomer said addressing concerns that some noncitizens have about answering cen sus questions Texas has grown more in population than any other state except California and the cen sus should show a total of more than 20 million people Bomer said The new census could result in the state getting two more members of Congress and population is the basis for the amount of federal aid that states receive for many programs Bush who was campaigning for president in New Hampshire on Monday issued a written statement saying he wants all state government agencies to cooperate All Texans count and we are embarking on the most aggressive effort in our states history to ensure that we find and count every single Bush said Bomer said 32 census offices are being opened inltexas and employees will be needed for the job That could be a problem in areas where unemployment is at record lows he said With average unemployment in Texas around 4 percent filling these new positions is going to be difficult in some areas of the Bomer said He encouraged state employees and others to think about working part time for the Census Bureau State Sen Gonzalo Barrientos DAustin said about Texans were missed in the 1990 census costing the state an estimated billion in federal assistance Although the Supreme Court has ruled that a technique called statistical sampling cant be used to determine population for con gressional reapportionment Barrientos said the technique might be OK for other purposes including legislative redistricting and deter mining federal aid goal Shelby said St Judes had no debt on the campus buildings so the money would be used to fill the childrens needs Shelby said the funds would be used for operating expenses including food We are taking on more kids which means we need additional home parents and additional she said The St Judes Bulverde cam pus opened in 1983 as a non profit home for abused aban doned or neglected children or children who for whatever rea son cannot live at home Previously St Judes was licensed to serve up to 24 chil dren St Judes now is home to 20 youth but the ranch increased its capacity to serve up to 38 chil dren St Judes gets funding from Child Protective Services county agencies and private donations Local residents interested in donating money to help the chil dren at St Judes can make dona tions to St Judes Ranch for Children 14000 Ridge Creek Lane Bulverde TX 78163 or call St Judes at 830 8857494 The campus is licensed by the Texas Department of Protective and Regulatory Services to care for children ages 5 to 17 But Shelby said the ranch focused on the 1217 age group for its basic residential care pro gram and offered a transitional living program for youth ages 16 to 21 Children are referred to St Judes from private families Child Protective Services and county juvenile agencies To help with the ongoing needs of the campus St Judes will benefit from the Chi Chi Rodriguez Charity ProAm golf tournament at the Oak Hills Country Club in San Antonio this summer The tournament is scheduled June 1819 and will feature sev eral senior professionals from the Senior PGA Tour and PGA pro fessionals from San Antonio and the South Texas area Johnson Johnson Co is underwriting the tournament with all proceeds benefiting the children at St Judes For information contact tour nament coordinator Jack Vaaler executive vice president of Alamo Golf Association at 210 6626639 or Oak Hills Country Club pro shop at 210 3847700 From 1A on June 15 in San Antonio on the charge of indecency with a child Officials said they found McReynolds silver 1988 Toyota Camry at the arrest site near New Braunfels Avenue and Arthur Street in San Antonio The vehi cle had been missing since the incident Journeay is in custody at Comal County Jail in lieu of a bond on the capital murder charge and a bond on the inde cency with a child charge If convicted of the indecency with a child charge Journeay could face two to 20 years in prison and a fine not to exceed Unauthorized use of a vehicle carries a jail term up to 2 years in a tate jail facility and a fine not to exceed 1A comes from taxes Neuse said The tobacco money we received allowed us to keep more of a level tax rate for the year After the lump sum mil lion of the tobacco settlement funds were set aside to be allo cated during the next three years based on the annual indigent and other health care expendi tures of each county Comal County is projected to get between and in tobacco funding for 2000 which is about 10 percent of the estimated the county will spend on health care in 2000 We do not know how we will stack up with the rest of the county said We will be competing with metropolitan areas like Houston and San An additional billion of the settlement was put into a per manent fund which will distrib ute interest to all of the counties in years to come Anyone interested in applying for the position of Comal County health educator can con tact Mapston at the Uvalde District of the Texas Agricultural Extension Service at 830 2789151 CONVENTION 1A The city will collect more than enough bed tax revenue to cover expenses associated with a con vention center he said But what if it doesnt If the city doesnt have enough sales tax revenue to fund the library Meek said it could dig into the general fund Thats exactly what people like Dunkin are worried about Im personally fearful that this proposed convention center will become our responsibility unless we have good solid evidence that people will come to New she said The PKF consultants are con vinced a convention center in New Braunfels could be success ful The firm which has performed 65 similar studies estimated a convention center here would be used at least 228 days a year and attract more than persons a year Out of 18 Texas associations interview by PKF 14 indicated an interest in meeting in New Braunfels if the right facility was built In a presentation to council Jan 20 consultant David Parker explained many state associations couldnt find open dates in San Antonio or affordable prices San Antonio is growing more into the national convention he said This is an oppor tunity for New The study says While New Braunfels has not been known for hosting large association meet ings the Holiday Inn has hosted board meetings for them which means that association decision makers are aware of New Braunfels and approve of it as a meeting This awareness in addition to the increased cost and difficulty of planning a meeting in San Antonio make New Braunfels an ideal overflow the study said But New Braunfels is no San Antonio Dunkin said We do not have a 24hour river walk or an Alamo that are open year she said And New Braunfels doesnt have a major airport she said Consultant John Keeling said most convention center attendees would come by car And New Braunfels is an attrac tive spot because of its German heritage and the Comal and Guadalupe rivers the study said Additionally the convention center could be used for exhibi tion events such as consumer shows or trade shows In its study PKF found an unsatisfied demand for spaces for these types of events Despite interest from various groups a convention center wont be successful here unless its in the right location consultant John Keeling said Dont build this unless its next to a he said PKF Consulting said it was rec ommending a site on the north east corner of Gruene Road and the notyetbuilt Hanz Drive extension first as a possible site for the facility If built here the facility would be part of the notyetbuilt Cotton Crossing a 101acre neotradi tional neighborhood develop But Meek said the chamber was completely open about location A spot near the Lower Colorado River Authoritys Comal Power Plant which might be renovated into a hotel could be a possibility he said Developer Morgan Hill who recently signed a predevelopment agreement with LCRA said he was open to the idea of a conven tion center sitting near his future hotel Part of my interest is revitaliz ing he said It could be a benefit to downtown to have a convention center close to it But the convention centers location is not critical to us We can survive without Before deciding on a location council still must answer more fundamental questions The issue is pretty basic Shands said Do you want to put money aside for a down payment Do you want to pursue this fur ther Meek said council shouldnt get hung up on location right now but rather focus on the potential benefits a convention center could offer to the community He said a convention center could boast in sales tax revenue and in bed tax revenue a year to the city with an estimated visitors a year And it could offer the city a more steady source of sales tax revenue which funds street drainage and various other infra structure projects Currently the city relies on a robust summer season for sales and bed tax revenue Meek said Right now we have all our eggs in the seasonal Mother Nature basket he said But conventions typically occur in the fall and spring a time when hotel occupancy and visitor numbers drop in New Braunfels A convention center could make New Braunfels a destination place yearround increasing revenue for the city Meek said The he said is not What if we build it and they dont but rather What if we dont do this CD maturing APY 1yr FDIC insured Noncallable Rates current as of 12500 Offer subject to availability and rates are subject to change HIGHEST RATES IN THE NATION TERMS AVAILABLE FROM 3 MONTHS TO 20 YEARS CALL TOPAY FOR QUOTES vp w JOHN Mete CSA EXECUTIVE PiAZABwG 78130 I Issued by major depository Institutions I Due 115 Year Final Maturity I Interest paid semiannually I Callable beginning at I FOICinsured up to Percentaje Yield APY Interest cannot remain on deposit periodic payout ot Interest Is required Effective Market value will fluctuate If sold prior to maturity This deposit not is callable at the option of the Issuer not the investor Call or stop by today Stan Cunningham 650 Landa New Braunfels TX 78130 j Bus 830 6290055 EdwardJones Serving Individual Investors Since 1871