The Baytown Sun (Baytown, Tex.), Vol. 96, No. 90, Ed. 1 Thursday, May 5, 2016 Page: 7 of 10
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Thursday, May 5, 2016
The Baytown Sun 7
Kasich throws in the towel;
Trump vows to unite GOP
BY STEVE PEOPLES
Associated Press
» w ■
WASHINGTON — Donald
Tramp’s last Republican foe, Ohio
Gov. John Kasich, ended his quix-
otic presidential campaign Wednes-
day, cementing Tramp's remarkable
triumph as his party’s presumptive
nominee and launching him toward
a likely fall battle with Hillary Clin-
ton. Some reluctant Republicans
began to rally around Trump, but
others agonized over their party’s
future.
The billionaire businessman
vowed to unite the splintered GOP,
even as he was bitingly dismissive
of members who have been critical
of his campaign.
“Those people can go away and
maybe come back in eight years af-
ter we served two terms,” he said on
NBC’s "Today" Show. “Honestly,
there are some people I really don’t
want.”
Clinton, in her first remarks since
Trump’s new status was crystaiized,
said she was more than prepared to
handle the kind of deeply personal
attacks that helped defeat Trump’s
Republican rivals.
“To me, this is the classic case
of a blustering, bullying guy,” the
all-but-certain Democratic nominee
told CNN.
The long and chaotic Republican
primary came to an abrupt end after
Trump’s decisive victory Tuesday in
Indiana. His win pushed Texas Sen.
Ted Cruz, his closest rival, out of
the race, with Kasich following on
Wednesday.
“The people of our country
changed me,” Kasich said during an
emotional speech announcing the
end of his campaign. “They changed
me with the stories of their lives.”
Trump’s takeover of the GOP
marks one of the most stunning po-
litical feats in modem political his-
tory. A first-time candidate, he es-
chewed traditional fundraising and
relied more on his own star power
than television advertising to draw
attention. He flouted political deco-
rum with controversial statements
about women and minorities, leav-
ing some Republicans convinced he
won’t be able to cobble together the
diverse coalition needed to win.
“It’s his party between now and
November, but I don’t think it’s go-
ing to be his party after November,"
said Peter Wehner, a former adviser
to President George W. Bush. Weh-
ner is among the Republicans vow-
ing to never vote for Trump, even if
that means essentially handing Clin-
ton the presidency.
Bob Vander Plaats, an influential
evangelical leader who backed Cruz,
withheld his support for Trump
Wednesday, saying the real estate
mogul needs to prove his conserva-
tive credentials with his vice presi-
dential pick and more information
about what kind of judges he would
appoint. “It’s kind of a wait-and-see
moment with Mr. Trump,” he said.
Vander Plaats and a handful of
other Republicans are clinging to
the hope that an alternative option
might yet emerge. Operatives have
floated former Texas Gov. Rick Per-
ry, Nebraska Sen. Ben Sasse and
former Oklahoma Sen. Tom Co-
bum as possible candidates for a
third-party or independent bid. But
that is a long shot at best, with filing
deadlines for getting on state ballots
fast approaching.
There was notable silence from
major Republican leaders Wednes-
day. House Speaker Paul Ryan and
Senate Majority Leader Mitch Mc-
Connell did not comment on Trump.
Still, several GOP governors and
senators said they would support
Trump:
"Our first and foremost goal is to
elect a conservative, pro-business,
strong on national defense, a man
who will stand behind our freedoms
and our rights, and that person is
Donald Trump,” Oklahoma Gov.
Mary Fallin said. “It is not Hillary
Clinton."
Clinton has yet to shake Sen. Ber-
nie Sanders, the democratic socialist
who has energized young people.
TALKS
CONTINUED FROM PAGE 1
schedule.
In response to legisla-
tion being considered at
the state level, firefighters
also asked that the con-
tract guarantee that union
dues can be collected
through payroll deduction
w lien requested by an em-
ployee and consented to
by the union.
That procedure is al-
ready inplace in Baytown,
MUSIC
CONTINUED FROM PAGE 1
Local artists will be
on hand as well for live
paintings of their own “in-
terpretation of the music”
to sell in a silent auction
format to help support the
event.
Cork Grinders and The
but there is a move in the
state legislature to prohib-
it such an arrangement.
A survey of firefighter
compensation that was
scheduled to be presented
had not yet been complet-
ed.
Some of the issues left
for further negotiation
involved holiday com-
pensation, some overtime
issues, an alternative re-
tirement program and the
use of terminal leave.
Talks will continue.
Dirty Bay Beer Company
will be open with drinks
and outdoor seating for
the show and will host
after parties immediately
following the event, where
fans will get the opportu-
nity to meet the bands.
For information, vis-
it the Facebook page at
www.facebook.com.
SUSPECT
CONTINUED FROM PAGE 1
“At least this could be coming to a close,” Ybarra said.
“They will meet their maker. I try not to be negative, be-
cause we were put on this Earth for a reason. But they
deserve what they will get.”
Sharon Bernard, mother of Jarvis Morgan, said she is
happy as well to hear of Flores’ arrest.
“I didn’t think that this would happen,” Bernard said.
“I prayed every day. But hopefully this will answer some
questions and put some things to rest. It is a step toward
closure.”
Chambers County Sheriff Brian Hawthorne is remain-
ing cautious about the news and says he does not wish
to get hopes of the teen's families up only to disappoint
them.
“We were told he was arrested in Mexico and I believe
the information is good,” Hawthorne said. “But, 1 take it
with a grain of salt until he is in handcuffs and in my jail.”
Hawthorne said no information on which city in Mex-
ico or the circumstances of Flores’ arrest have been re-
leased yet. U.S. Deputy Marshal Alfredo Perez said their
office could not comment at this time, but are expected to
make a statement later this week.
“My office and the (Chambers County District Attor-
ney’s) office are doing everything we can to bring him
back here,” Perez said. “We need the wheels of justice to
work in Mexico and in the Washington, D.C.”
MEET
CONTINUED FROM RAGE 1
“1 think we need to get as
many people here as possi-
ble. The more people, the
stronger you are,” said Joe
Matthieu, a Highlands res-
ident for the last 20 years.
“You either got a Boy
Scout group or an army, an
army is going to do better.
And if enough people are
raising hay about it, they’re
not just going to sit on their
butts.”
As of now, the EPA has
scheduled an open house
meeting from 4:30 p.m.
to 8:30 p.m. May 25 at
the Highlands Communi-
ty Center, 604 Highland
Woods Drive.
But residents signed a
petition to change the for-
mat of the meeting at Tues-
day night’s San Jacinto
River Coalition meeting.
“The petition basically
says that we want a formal
question and answer ses-
sion and that we feel that’s
the best way to go,” said
Young.
Young plans on send-
ing the petition to the EPA
today, but encourages
anyone with questions or
comments to contact EPA
officials directly. Site con-
tacts include Donn Wal-
ters, community involve-
ment coordinator, who
can be reached by calling
214-665-6483; and Reme-
dial Project Manager Gary
Miller who can be emailed
at miller.garyg@epa.gov
or he can be reached by
calling him at 214-665-
8318.
If the scheduled meeting
remains an open house, the
meeting will be in cooper-
ation with the EPA, Texas
Commission on Environ-
mental Quality and Harris
County along with state
and local officials.
The informal availability
session will give attendees
the opportunity to talk to
EPA and other agency offi-
cials one-on-one regarding
concerns and current site
activities. Local agencies
will provide information
on their respective roles
and participation in site
and related community is-
sues.
“We utilize a variety of
formats in holding commu-
nity discussions about our
work and have had several
meetings in the commu-
nity. Our goal is to make
information available and
answer questions," said
David Gray, EPA spokes-
man. “There are a variety
of topics of interest and
this format lets individu-
als engage experts without
having to wait through a
long meeting to talk with
folks.”
However, if the EPA re-
fuses to change to format
of the meeting, Young and
the coalition are asking res-
idents to come to the meet-
ing as one unified group.
“But if they say no we’re
not doing it, we’re do-
ing four hours of an open
house, then I want every-
one to show up at the same
time,” said Young. “1 want
everyone to show up at
6:30 p.m. and grab a seat
and sit down. And we will
demand that they address
us as a group.”
The frustration of the
community and the San
Jacinto River Coalition is
not unwarranted, because
the EPA has promised, for
several years now, to an-
nounce a long-term rem-
edy for the 14-acre site
toxic site, to which they
have unfailingly delayed
each year.
For more than 50 years
the waste pits have sat on
the west bank of the San
Jacinto River, just north of
the Intestate 10 bridge.
The site was used in
the mid-1960s to dispose
of paper mill waste from
a Pasadena-based paper
mill owned by Champion
Paper, which was then ac-
quired by International Pa-
per in 2000 when the two
companies merged.
The abandoned pits, like
the rest of the surrounding
area, subsided, and the di-
oxin-laden wastes have
been exposed to the waters
and sediments of the San
Jacinto River for decades.
The pits are now partial-
ly submerged in the river
and are often completely
inundated by high river
flows or high tide events.
But EPA officials have
said that they plan to an-
nounce a long-term reme-
dy in December.
For more information
visit https://cumulis.epa.
gov/supercpad/cursites/
csitinfo.cftn?id=0606611.
Money&Markets
A click of the wilt k
gets you mom at wwwJwytowntufl.com *
LocatStocks
NAME 0(V PE
LAST
ATATInc
1.92
16
38.88
Allstate
1.32
12
65.28
AEP
2.24
23
65.39
Ashland
1.56
20
111.04
BP PIC
2.40
31,42
BkofAm
.20
11
1413
Booing
4.36
17
130.89
CampSp
125
27
62.37
CenterPnt
1.06
21.68
Chevron
4.28
100.59
Cisco
1.04
13
26.44
Citigroup
20
11
44.66
CocaCda
1.40
26
44,98
ConAgra
1.00
26
44.78
ConocoPh#
1.00
43.41
ConEd
2.88
19
7823
CfwnHokl
16
53.54
Disney
142
19
103.67
DowChm
184
17
51.39
DuPont
152
21
04.26
OukeEngy
3.30
19
8002
EMCCp
.78
20
2619
EnPro
84
56.28
EntProdPt
1.56
20
25.53
ExxonMbl
3.00
28
87.94
FordM
.80
6
13.31
GenEtec
92
38
30,07
HP Inc
.50
11
11.58
HaUbrtn
.72
52
39.86
HomeOp
2.78
25
135.16
HonwWnt!
2.38
18
112.99
Intel
1.04
13
29.85
IBM
580
10
14425
JohnJn
320
18
11222
Krogers
42
17
35.00
McOnWs
3.56
25
129.33
Mock
184
26
54.81
Microsoft
1.44
35
49.87
MorgStart
.60
12
2828
NRGEgy
12
14.62
OcdPet
3.00
56
73.96
Oracle
.60
19
3929
9.03
PepsiCo
3.01
29
104X12
Pto
120
17
33.40
ProciGam
288
27
8160
Qualcom
212
16
50.49
RoyOSWiA
3.78
76
5022
SpdriWtA
3.88
17632
SAP500ETF
4.13
208.01
ScMft&g
200
28
75.73
14.72
SoulhnCo
224
18
51.36
SwstAtr!
,30
11
41.66
Tennecc
11
51.59
3MCo
4,44
21
16716
TimeWarn
1.81
18
7430
UnHevNV
132
4338
3.12
18
10311
USSteei
20
It
1390
50.84
Nasdaq composite
Clota; 4,725.64
Change: -37.58 (-0.8%)
StocksRecap
NYSE NASO
Vol. (in mil.) 3.966 1,691
Pvs. Volume 4,089 1,918
Advanced 1215 922
Mined 1851 1858
New Highs 147 42
NewLows 27 78
DOW
DOW Trans.
DOW US.
NYSE Comp.
NASDAQ
SAP 500
SAP 400
WtaHmSOGO
Russel MOO
M "'’‘"A
4,200 N-
HIGH
LOW
CLOSE
1773306
17809.01
1786126
783394
774121
7756.14
87138
657.37
66764
1033721
1025775
10286.24
475164
471331
4725.64
2059.07
2045.55
2051.12
145798
1443,81
1448.13
21294.11
21136.81
2119727
1123.68
1110.39
1113.13
MO QTR YTO
V A tW
A *3.30%
A +15.54%
A +1.41%
A -5.63%
A +0.35%
A +3.54%
A +0.14%
A -2.00%
Muni bonds hold steady
Despite recent worries over Puerto
Rico's bonds, municipal bond funds
have held steady or even
performed better than other
investments.
One example is the
Vanguard High-Yield
Tax-Exempt Fund, one of the
larger muni bond funds
available to investors. The
total return on the Vanguard
fund is 2,8 percent over the last
year, compared to a Standard &
Poor 's 500 index exchange-traded
fund like SPY. which is down 02
percent over the last year including
dividends. Another tund, the American Funds
percent in the past year.
Municipal bond fund managers
have been aware of Puerto Rico's
financial problems for at least
two years, said Mark Taylor, a
portfolio manager at Alpine
Funds That's Awed them to
se# their holdings.
Investors continue to move
money into muni bond funds.
Research firm Upper, which
tracks fund inflows and
outflows, said municipal bond
fund inflows rose to $1.1 bWion last
week despite worries over Puerto Rico.
Muni bond funds have seen 30 straight
weeks of inflows, puing to $28 DWton to new
High-Income Municipal Bond Fund, has relumed 6.3 Investments since September, Upper said.
1-year total return: Vanguard High-Yield Tax-Exempt Fund
Interestrates
m
The yield on the
10-year Treasury
fell to 178 per-
cent Wednesday.
Yields affect
rates on mort-
gages and other
consumer loans.
PRIME FED
RATE FUNDS
TEST 3.50 .38
6 MO AGO 3 .25 13
1YRAGO 3.25 ,13
NET 1YR
CH0 AGO
3-mortth TO*
.19 20
■0.01
.01
6-month Tb#
.38 38
-0.01
.07
52-wkT-M
50 .52
-0.02
23
2-year Tnoli
.75 .78
■0.01
.03
5-year T-note
123 1X55
•0.02
185
10-year T-nole
1.78 180
-0.02
2,18
30-year T-bond
2.83 288
■083
291
NIT
1YR
BONDI
1
1
cm
AGO
Barclays LongT-fldkfc 2.41 2.43
•0.02
37B
Bond Buyer Muni Idx
3.93 3.93
...
4.38
Barclay* USAggmgaie 315 220
-0.06
220
Barclay* US HighYrekt 7.49 7.38
+0.11
5.94
Moodys AAA Cotp kt* 3.85 388
-0.93
3.85
Barclays CompT-Bdkl* 128 129
4X01
1.68
Barclays US Corp
3.07 3.11
-0.04
3.07
Commodities
The price of oft
rose on
Wednesday.
Natural gas also
rose, while
wholesale gaso-
line and heating
oB edged lower.
In metals trad-
ing, gold, silver
and copper tel.
FUELS
CLOSE
PVS.
%CH.
%YTD
Crude Oif(ttii)
43.78
43.66
+0.30
+182
Ethanol (gal)
1.50
1,51
-0.79
+69
Heating Oil{ga()
193
1.33
•0.39
+20,7
Natural Gat (mm Mu) 2.14
209
+2.64
•8,4
UntoadadGat(gal)
1.49
181
•1.65
+17.3
METALS
CLOSE
PVS.
%CH.
%YTD
Sold (or!
1273.30
1290.70
•135
+20.1
Silver (oi)
1728
1747
•1.13
+25.4
Pte&«jrn{0z)
1055.80
107160
-149
+16.4
Copper (6)
218
221
-142
£
PaBadkjm (oi)
586.70
609.10
2.04
AGRICULTURE
CLOSE
PVS.
%CH.
%YTP
Cause®)
1,17
1.18
+0.93
-138
Co*aa®)
1.18
Lit
•6.0
Cam(bu)
3.73
3,7*
♦4,0
Codon®)
0.62
0.63
•140
-18
Lumber (1,000 bd*!
291.00
28890
+0.78
♦1J.0
Orange Juk*®!
140
134
3
Soybeans (bu)
1025
1022
vWiwfi ftou)
4.81
4.60
—
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Bloom, David. The Baytown Sun (Baytown, Tex.), Vol. 96, No. 90, Ed. 1 Thursday, May 5, 2016, newspaper, May 5, 2016; Baytown, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1066215/m1/7/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Sterling Municipal Library.