Newspaper Archive of
Hells Canyon Journal
Halfway, Oregon
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August 8, 1990     Hells Canyon Journal
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August 8, 1990
 

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Page 10 Hells Canyon Journal August 8, 1990 Reported by Chuck Thomas of Edward D. Jones & Company Regardless of what secu- rity we select, it should meet our goals. One of the basic tenets of investing is that it should not be done on impulse. Know what you want before you buy. Then, determine if your selection will do for you what you want -- in short, flit will meet your needs. If, for example you want your investment to give you income, then you must ex- pect your choice to provide suitable dividends (stocks or equity investments provide dividends) or interest (bonds or debt securities produce interest). In addition, you must be reasonably convinced that this income will be paid to you regularly and on time. Whether or not you get your income will depend on the ability of that particular cor- poration to meet its obliga- tions. It is also generally true that the higher your yields, the more risk you assume. A U.S. government-guar- anteed bond probably will not provide as much income as an unsecured note of some small corporation. On the other hand, the government bond will afford you more safety and peace of mind. So, ffyou're aiming for maximum income on your investment, chances are you're going to have to sacrifice a bit of safety. To put it another way, ' "nere's no such thing as a free lunch." If, on the other hand, in- come is secondary and you're after capital appreciation, then you probably shouId invest in securities you think you may sell for more than you paid for them. One thing you can be cer- tain otis that no stock or bend can simultaneously offer you minimum risk, attractive income and tremendous growth potential. If a secu- rity features one of these attributes, the others will be secondary or practically non- existent. At certain times, however, it may be possible to obtain securities which offer some modest combination of these features. Term of the Week Bond- Basically an IOU of a corporation, usually issued in multiples of $1,000 or $5,000. In every case, a bond represents debt. A bondholder is a creditor of the corpora- tion. In most cases, bonds are secured by a mortgage. New Fire Law in Effect The 1989 Oregon Legisla- In the past 10 years for ture adopted a new law (ORS example, 22,000 acres of for- 478.960) requiring agriculture est land have been burned by machinery operated withinmore than 100 fires resulting one-eighth mile of forest land from agricultural equipment. be outfitted with fire extin- Agricultural operators work- guishers and other appropri- ing near forest land should ate fire tools. The reason for contact their local rural fire the law is to reduce forest fire district for information on losses due to agricultural required fire control equip- equipment, ment. PUBLIC NOTICE It is summer again and doors and windows are open to allow cool evening air into homes This cools, but if your neighbors burn their trash then or have just burned, it is also very unpleasant The Halfway City Council requests citizens oooperarwn by asking that all burning be done between the hours of 7:00 a m and 11:00 a m Please refrain from burning food garbage or plastics Both ar~ particularly smelly and plastic is also toxic. With the weather being so dry, the Council would also like to remind citizens to follow laws regarding placement and use of burn barrels: Burn barrels must be 50' from buildings, placed so that there is a 10' clear area around the barrel, covered with a screen of not more than 1/4" If everyone will follow these rules and requests the Council will not be required to adopt a special burning ordinance with penalties. Your cooperation is necessary so our town will be a pleasant place for all. Mayor & City Council Halfway WEISER LIVESTOCK COMMISSION CO. Residents of the Hallway and Richfa"nd areas who have small lots, please contact: Jim Myers or George Gover 893-6171 742-2803 for trucking arrangements for your cattle to Weiser, please ca//by noon Monday. For Market Informa~on call: Dave Owen Bill Nauman Don Withers (208)549-0564 (208)549-2479 (208)549-0564 August 2, 1990 624 IIead 7 Mixed Hefferettes ............................................. $58.25.76.50 4 Slaughter Bulls ..................................................... 64.00 - 71.50 10 Mixed Slaughter Cows ..................................... 48.25 - 59.50 4 Holstein Steers .................................................... 571# - $83.75 3 Holstein Steers ...................................................... 718# - 70.00 5 Mixed Steers ............................................................. 928#. 83.00 63 Mixed Steers ...................................................... .841# - 8~00 8 Mixed Stem ........................................................ 894# - 82.75 6 Mixed Stem ........................................................ 871# - 85.00 19 Black Steers .................................................. .849#. 84.75 5 Mixed Heifers .................................................. .599# - 84.75 12 Mixed Heifers ..................................................... 728# - 80.50 5 Mixed Heifers ................................................... 717# - 82.50 7 Holstein Steers .................................................. .564# - 81.25 Comments: Today again showed that the auction way is the way to sell cattle. Buyers set in strong and feeder cattle were $2 - $3 higher than any quotes early in the week. They needed the cattle and the market was extremely good. We Can Take All Your Cull Cows For 25 Head or More We Will Haul Free From the Halfway & Richland Area "We Appreciate the Local Support' Baker Valley Packing Co. 523-3697 e e e our day film service. 20 Resort St., Baker City 523-7227 L~ : for the whole family~ ---1431 Adams LaGrande Producers Livestock : Marketing Association Vale, Oregon Dick Pickett or Darrell Cochran 473 - 3136 in Halfway call Bub Whfteley 742-4211 Sale Report - July 25 & August 1 . Head Count: 479 Steer calves 300# to 600# ........................ $92.00 to 111.00 Heifer calves 300# to 600# .......................... 84.00 to 102.50 Yearling steers 600 # to 900 #+ ...... . ............. 78.00 to 93.50 Yearling heifers 600# to 900#+ .................... 70.00 to 85.00 Holstein steers 400# to 800#+ ...................... 64.00 to 86.00 Cows (C&C, Boners, Util., Feeders) ............ 45.00 to 59.00 Bulls (Bolo, Feeders) .................................... 60.00 to 71.75 Bred Heifers ............................................................ No Test Bred Cows .............................................................. No Test Pairs ........................................................................ No Test Trend: Bulk of cows were $52 to $57. Good demand on year- lings. Don't forget our special feeder sale, August 15, 1990.