Citizens Journal (Atlanta, Tex.), Vol. 113, No. 51, Ed. 1 Sunday, December 1, 1991 Page: 4 of 10
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4 A Sunday, December 1,1091 Citizens Journal
ommerce Trends
'
m
u: e$
IP supervisor enters
25-year society
Teacher's Credit Union expands
Local officials of both the Atlanta branch of Teacher's Credit Union and the Atlanta
Area Chamber of Commerce recently joined home office personnel of the local thrift
in Texarkana as they celebrated a move into their new offices. TCU made the move
from their Kennedy Lane facility into the former American National Bank building on
Richmond Rd. Additional improvements are also planned for the Atlanta office in the
near future.
Policymakers believe economy won't recover
without intervention by Congress, President
President Bush, Federal
Reserve Chairman Alan
Greenspan, members of
Congress, and various other
economic policymakers
apparently have given up hope
that the economy can recover
without strenuous government
intervention. The result has
been a headlong rush into
monetary and fiscal stimulus,
both actual and promised.
There's no denying the fact
that the economy has suffered a
setback in recent months.
Employment slipped in October,
led by a tumble in
manufacturing, construction
payrolls and retail trade. The
recovery in industrial production
has stalled. Consumer spending
is subdued, too.
Yet, it's important to remember
that such indicators say very little
about the future direction of the
economy. Yes, Ihe economic
recovery seen lo dale is the
weakest on record - exactly what
we had expected. The reasons
for that weak recovery - a
troubled banking system, over -
indebted businesses and
households, strained finances
at all levels of government, etc. -
It's your money
By Scott Bryan
Manager, Capitol Investment service }
are still with us.
But there are changes afoot.
First, banks' finances have
begun to stabilize, and efforts
are being made to provide
regulatory relief. Second, the
explosion in securities prices
earlier this year has provided
nonfinancial companies with the
opportunity to reduce debt and
substitute equity. Third,
households have taken
advantage of the lowest
mortgage rates since the mid-
1970s to refinance their existing
mortgages.
Thus, it's my opinion that the
pendulum may be swinging too
far to the side of pessimism.
Although we're still
uncomfortable with the year and
a rebound in corporate profits
should lower the risks of a nasty
market break. As such, we are
beginning to alter our asset
allocation. Our new asset
allocation will not be: 10 percent
stocks, 85 percent bonds and 5
percent cash.
If you have CDs coming due
now and are discouraged by the
less than 5 percent interest
banks now offer, you really
should consider some of your
alternatives. Many of us are
reluctant to make changes in the
way we invest our money. Have
the confidence in yourself to
choose one of several solid
income opportunities available
now. U. S. Government agency
bonds are still over 8 percent,
utility stocks pay 7 percent or
better and tax-exempt bonds
paying well over 6 percent are
available. Many analysists feel
rates on CDs will be low for two
or three more years. If you
depend on your investments for
income now is the time to give
yourself a rise. Happy
Thanksgiving!
Byron Musgrove, supervisor
data processing, at International
Paper's Texarkana mill, has
been recently inducted into the
company's Quarter Century
Society, an organization for
employees who have served
International Paper for 25 years.
Musgrove began his career
with International Paper in 1966
at the company's former
Springhill mill in Louisiana. In
1978, he transferred to the
Texarkana mill and began
working in data processing as a
technician. In 1981 he was
promoted to supervisor data
processing. Today, Musgrove is
responsible for overseeing all
aspects of the business and
production computers
throughout the mill.
Musgrove and his family
reside in the Wake Village, Tx.
area.
Art league
to hold party
The annual Christmas party for
the Atlanta Art League will be
held at the Art League building,
306 North Louise, on Monday,
Dec. 2 at 6:30 p.m. Everyone is
urged to bring a guest. The
members should bring a
covered dish for the dinner and
a toy or non-perishable food to
be given to the needy. There
will be no gift exchange. Please
do not gift wrap toys.
The cleanup and set-up for
the party starts at 10 a.m. on
Dec. 2. All members are
welcome to assist and are asked
to bring Christmas decorations
to be used at the party.
MENU
AHS to host performance
The Atlanta High School Theatre Arts Class invites the public to
their production of "Roomers," a one act comedy.
The play will be Dec. 3 at 7 p.m. at the Atlanta High School
Auditorium. The cost is $3 for adults and $2 for students. Desserts
will be served after this performance.
Another production will be held on Dec. 10 at 7 p.m. The cost will
be $1 lor everyone.
Call St. Michael
TEL-MED
for a
"Message From
Santa"
773-0210
or 1-800-456-8589
Select tape #395
Santa himself educates children about general
health and safety. And, of course, there's a bit
of "HO-HO-Ho"ing in it, too.
Subscribe Today
Citizens
Journal
796-7133
The senior citizen menu was
recently released for the
upcoming week. Milk, coffee
and tea are served with all meals.
The Senior Citizen Center is
located at the Atlanta
Elementary School on Wade
Street.
Monday: Pork cutlet, sweet
potatoes, green beans,
cornbread, margarine and
applesauce.
Tuesday: Scalloped chicken,
parsley potatoes, green peas,
cornbread, margarine and ice
cream or fruit Jell-O.
Wednesday: Spaghetti with
meat sauce, mixed vegetables,
tossed salad with dressing,
garlic toast, margarine and fruit
cobbler.
Thursday: Stuffed weiners,
coleslaw, copper pennies
carrots, cornbread, margarine
and cake squares.
Friday: Smothered steak,
mashed potatoes, broccoli,
cornbread, margarine and mixed
fruit.
St. Michael TEL-MED is a
health information source
available by telephone at no
charge to the public.
u
D
TELtMED
If you would like a complete listing of the TEL-
MED tape library, just call St. Michael Prime
Time at 779-3104 or 1-800-777-2171, ext. 3104,
and ask for a free TEL-MED directory.
^3^ St. Michael Hospital
A
8.40%
FNMA U.S. GOVERNMENT
AGENCY GUARANTEED
PAYMENTS OF
INTEREST & PRINCIPAL
Monthly Checks You Can Depend On
*FNMA is an agency of the Federal Government and
carries an implied AAA rating.
*May be sold at anytime with no interest penalty at
current market value
*Your high interest is locked in - no more chasing Short
Term Interest rates
Call Captlal Investment Services today for more Information. Series 69-J Subject to
prior sale or price change. Changes In the prepayment rate of the underlying mortgages
wiil affect the actual yield received by Investor! FNMA rates arc based on a mortgage
ylcid assuming an Byear average life. Yield and market value will fluctuate If bonds are
sold prior to maturity. Coupon of 8.40% priced at 99 - 1/8 as of 11-29-91 with Bond
Equfrak-nt Yield oflTSO.
Capital Investment Services
Serving lite Conservative Onveslor
1004 N. Louise SCOTT BRYAN p.o.Box 549
1-800-735-0852 Atlanta,Tx 796-7948
Securities offered through Kavanaugh Securities, Inc.
5949 Sherry Lane, Suite 1200
Dallas, Tx 75225
MEMBER NASD/SIPC
BYRON MUSGROVE
if we don't
write your
insurance.
maybe its
time for a
second
opinion.
Auto • Home • Business
KING INSURANCE
203 North Louise • Atlanta, Tx 75551
796-7982
t<
HANDBAG BAZAAR!
'GIFTCERTIFICATES #7 Town W. Shopping Center
(next to Target) Texarkana,Tx 832-1898
LAY-A-WAY - FREE GIFT WRAPPING^
CAPEZIO BAGS
ZO%
LARGE GROUP BAG!
SO%
OFF
OFF
ISOTONER GLOVES]
& SETS
JQ££.
WALLETS & BELTS
20% OFF „
I
C£
CJ
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S€
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'iTie CMevi6ers of the
WEST SIDE BAPTIST CHURCH
proudfy presents their
al
il
irj
hi
ol
hi
*—
5t£ rftma
i, jHt# .
*1 |
*—-
JlitMttf Hat
Celebrating the birth of Jesus Christ.
It is our desire that each one of you may see this stirring
visual portrayal. Fill your cars up with you family,
friends, and neighbors to come and drive through and
then go bring others so that all of our community may
experience this glorious blessing.
Dec. 4, 5 & (>
7 - 8:30 j).in. nightly
712 W. Main St
Atlanta
Christmas Sale!'
Mon., Dec 2- Sat., Dec. 7
TAKE
Parade 2:30
Santa 3:30
Lights 530
Sat. Dec 7*
fill Merchandise In
the Store 11
(Excluding "Jean Room", Colognes, and
Red Wing WorV Boots)
Jrtt Cjijt
'Wrapping
&
Alterations
Take advantage
of these
Gifr *mstorewide savings
for the
entire family!!
1 OPEN 1
til
6:30 Sal
Doc.7*
■ Register Here for 2
i *100 Gift Certificates
■ to be given away Sat.
■ Dec.7
® No purchaas nnc<iasa/y, you n«*d not b
■ pf*8«rit to win
flff!
ALLEN BROS.
CLOTHING - SHOES
Linden, Texas
756-750S
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Coleman, John. Citizens Journal (Atlanta, Tex.), Vol. 113, No. 51, Ed. 1 Sunday, December 1, 1991, newspaper, December 1, 1991; Atlanta, Texas. (https://texashistory.unt.edu/ark:/67531/metapth348154/m1/4/: accessed July 11, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Atlanta Public Library.