Oregon bonds rated AAA by Moody's as cost savings cited
State Treasurer Jim Redden announced Oregon’s $125 million bond issue received Moody’s AAA rating, estimating interest costs would fall by about 2.25 million compared to an AA rating. He noted market uncertainty due to New York City's finances and urged market confidence while opposing bailouts. Redden pushed for action from federal officials and warned against guarantees altering tax-exempt status.
MENTIONED IN THIS ARTICLE
Jim Reden
Oregon
Moody’s Investors Service
Moody ’S
Redden
New York City
Bonn
New York
Senate
Hubert Humphrey
Treasury
William Simon
BLM timber sale nets 1.7 million at Sept auction
The Bureau of Land Management sold three parcels totaling 10,007,000 board feet for 1,682,127.90 dollars in an oral auction on September 26. The Brownson Creek sale near Myrtle Point went to Moore Mill and Lumber Co. with bids boosting the Douglas Fir price to 237.50 per MBF and overall bid increases of 59 percent. Written bids came from four other firms, with next sale set for October 31 in Coos Bay.
MENTIONED IN THIS ARTICLE
Bureau of Land Management
John W. Warner
Myrtlewood
Brownson Creek
Myrtle Point
Moore Mill and Lumber Co
Bandon
Cool Head Timber Company
Murphy Company
Coos Pay
South Fourth Street
Climate mapping project predicts warmer world in future
Oregon researchers involved in the CLIMAP project say climate maps from 18 000 years ago show dramatic sea surface and land changes. The five universities including OSU plan to reconstruct past climates over the last million years to improve future predictions with ocean sediment cores and geology data.
MENTIONED IN THIS ARTICLE
U.S
Thiede
OSU
Mediterranean Sea
Thieds
OGU Cosanography
Mediterasean Acon
Pacific power outlook under strain amid growth and drought
Dungan notes plans risk straining utilities if regional whisttles fail to meet demand and a restart of construction needed. He cites Pacific reservoirs full for six to seven months with Unit two at Jim Bridger near supply and Centralia plant near capacity, but warns against complacency as energy growth slowed to one percent in 1973–74 and recession and mild winters reduced use.
MENTIONED IN THIS ARTICLE
von Peny
Dengad
Ogica
Dungon
Pacific
Cempeng
Jim Bridger
Rock Springs
Wyoming
Centralia
Washington
Dungan
Dunn
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