First Quarter Sales Tax Payments Rise Citywide
State comptroller disbursed 109.2 million in local sales tax to 1003 cities for the first quarter. Garden Ridge earned 934, Seguin 140,365, Schertz 36,529, Marion 4,768, and San Marcos 209,716. Comal County 1984 gross sales totaled 547,459,367 with 151,644,173 in Q4 and 118,507,068 in Q1.
MENTIONED IN THIS ARTICLE
State Comptroller’s Office
Bob Bullock
Garden Ridge
Seguin
Schertz
Marion
San Marcos
Bullock
Comal County
Rochette Reinarz Earns CPIA Life Membership Honors
CT G Rochette Reinarz a life member of the certified professional insurance agents society after meeting CPIA standards in property casualty sales and ongoing professional growth. Reinarz leads Comaltex Insurance Agency Inc and serves in CPIA and NASIA networks including PIA of Texas. Vacation plans WestPoint Pepperell plants and
MENTIONED IN THIS ARTICLE
G. Rochette Reinarz
CIC
Certified Professional Insurance Agents Society
Reinarz
CPIA
Comaltex Insurance Agency Inc
The
National Association of Professional Insurance Agents
PIA of Texas
Reinarz life member facilities shut for vacation week
Reinarz life member of society facilities will shut down for a vacation week June 30 July 7. Employees will be informed about details of work schedules at various plants and facilities. Vacation pay to West Point Pepperell employees who qualify will be distributed with paychecks to be issued during the week before the shutdown period. John Lovett named master dealer in Texas for Heritage Log Homes based in Gatlinburg Tenn. He will operate as Heritage Log Homes of Texas with River City Log Homes as a subsidiary. He has three years with Heritage as a division dealer and becomes a top volume producer. Holmes and Shaw Inc real estate information services adds Comal and Guadalupe counties to Bexar County Metro Reports. Metro Reports compile San Antonio Austin Corridor real estate transactions monthly. Metrobase software provides daily updates, 16 hours daily, six days a week.
MENTIONED IN THIS ARTICLE
West Point Pepperell
John Lovett
New Braunfels
Texas
Heritage Log Homes
Gatlinburg
Tenn
Lovett
Heritge
River City Log Homes
Heritage Log Homes of
Holmes and Shaw, Inc
Comal
Guadalupe
Bexar County
Metro
Metro Reports
San Antonio-Austin
Holmes and Shaw
Metrobase
Financial focus Investment yield a key barometer
STAN CUNNINGHAM explains income investing terms and how yield is calculated. The piece contrasts dividends and interest, shows examples with stock and bond yields, and notes prices affect current yield. It emphasizes income needs for retirees and opportunities when price moves boost or reduce yields.
MENTIONED IN THIS ARTICLE
Board of
Central Bank freezes Argentine dollar deposits for 120 days
Argentina’s Central Bank froze all dollar and other foreign currency deposits for 120 days to curb a bank run affecting about 800 million dollars across private and state banks. The move follows the May 10 closure and liquidation of Banco de Italia y Rio de la Plata, cited as due to grave solvency and liquidity concerns.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Banco de Italia Y Rio de la Plata
Central Bank
Alfredo Concepcion
Concepcion
Stocks Near Record Highs With Dow Lagging Behind
New York stocks drift toward record highs as the NYSE composite and S&P 500 crest new peaks while the Dow Jones industrial average remains slightly under its March record. The Federal Reserve cut the discount rate to 7.5 percent, signaling a potential rally. Dow utilities hit a historic high as banks and pharma lift the market. weekly volume averages around 110 million shares.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Stock Exchange
Standard & Poor
Federal Reserve Board
Dow
Dow Jones
NYSE
Amex
Fed action sparks banks cut prime rates to 10 percent
The Fed move prompted major banks Citibank and Chase Manhattan to cut prime lending rates to 10 percent, the lowest in six years, with Bankers Trust also at 10 percent. Economists foresee further rate cuts and a stock market rally, while growth for Q1 runs at 1.3 percent. Powell-era market watchers expect rates including mortgages to ease in coming weeks.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
U.S
Citibank
New York
Chase Manhattan
Bankers Trust Co
Allen Sinai
Shearson Lehman Brothers
Michael Evans
Evans Economics
Washington
Fed
Also Mentioned on This Page
WestPoint
WestPoint Pepperell Plants
Rochette Reinarz
Stan Cunningham
Edward D. Jones & Co
Rudd
Freienertligeg SF
Dick Koegle
Walnut
State Farm
Insurance Companies
Bloomington
Illinois
Herald-Zeitung
Landa
Cash & Carry
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