Newspaper Archive of
Hays Free Press
Kyle, Texas
September 25, 2003     Hays Free Press
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September 25, 2003

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September 25, 2003 People & Events Page 7 The Free Press ecently a woman from Dallas contacted News 8 in Austin seeking help in locat- ing the family of a Jimmy Barton of Buda so that a scrapbook could be returned. Natasha Allen of News 8 contacted Free Press Publisher Bob Barton asking for his help. Of course Barton could help since Jimmy Barton was his aunt and he in turn put Allen in contact with Jimmy Barton's daughter Mary Louise Porter Bailey. As it turns out, the scrapbook was made when Jimmy Barton Porter was around the age of 12 and she made it for her mother. The lady from Dallas had purchasedthe scrapbook at a Buda antique shop some 20 years ago. Not sure how the scrapbook came to be in the shop; however, the good thing to come of this is that the lady wanted to return the book. Jimmy Barton Porter passed away in 1999 and now the treasured book is back in Buda with her husband John, daughter Mary Louise and grand daughter Katherine. So very glad to report that Grey White is back home in Buda. White was released from the hospital last week. He is somewhat limited in the food he can eat; but otherwise is doing very good. Pearl Doherty has just returned from a well-deserved vacation with her son Joe and daughter-in-law Barbara. The trio traveled to the mountains of Colorado, stopping in Erie to spend several days with Pearl's niece and her husband. We finish out September with birthday wishes to Jack Dahlstrom, Sept. 27; Kyle Miller, Sept. 28; Katherine Brewer, Dora McGinnis and Maria Wiseman, Sept.29; Jenny Morgan, Sept. 30. First day of October birthday wishes go out to Margaret King and George Harter. Forty-one year anniversary wishes go oqt to Linda and Jim Stavlo on Sept. 29. Flu shots will be given Friday, Sept. 26, from 8 a.m. until 2 p.m. at the Onion Creek Senior Center in Buda, located behind the JP's office at FM 2770 and Barton's Crossing. The first day of autumn - or was it fall? - was this past Tuesday. What is the differ- ence? Why do some people refer to "autumn" and others say "fall" - can some- one explain? :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ............................................................................................. ::::::: ::::':: :'':: : :':':':':" ":" " """"" ' ............ : ================================================================================i iiiiiiiiit.iiii ....................................................................... 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They were joined by Marshall and Diana Fuchs and Cody of Bellaire and Dan and Gladys Sorrells. They enjoyed Kaffee Kuchen, etc. Later they drove to Lockhart and had Bar-B-Que at Kruez's. Vance is a cousin of Caroline and Gladys. On Sunday the family attended the memorial services for Walter Richter, a former State Senator. The services were held in the Senate Chamber at the capital. Walter Richter was the best man in the wedding of A.D. and Caroline, he was also a cousin of A.D. 10816 Crown Colony Drive at Onion Creek Parkway exit 280-2256 Get well wishes go to Hattie Nickel, who has been hospital- ized in Central Texas Medical Center, after suffering a heart attack. On last report she was stable, but was to undergo more tests Monday. Progress for the Memorial windows was reported Sunday morning in St. John United Church. Choices for color of glass was displayed. Also on display were the contributions for the raffle to be held at Harvest Festival, October 11 at Uhland Community Center from 3-7 p.m. Work is continuing on the County Line Water tower on FM 150. According to manager, Daniel Heideman, it should be finished at the end of the year. My apologies to Tony and Kretchen Boyette for mis- spelling of their last name. (It's not Bodette), Hey, I was close! Hope we can camp together again soon. It was a lot of fun. For the entire family... The Goll Family: Parents Lisa & David and daughters Kasey & Heather Hairstyles by Hairstyles by Sheila Wier Sheila Wier FACIALS MASSAGE PEDICURES MANICURES COLOR NAILS WAXING TANNING HAIR HAIR REMOVAL The cat's out of the bag. A realtor s postcard announcing that the Wilbur's house is on the market caused many a person to exclaim, "What?!" It has not been a big secret. Mayor Wilbur mentioned in the City Council meeting two months ago that he is calling it quits in city government and moving on. He has faithfully arldtirelessly served on tiff' Mountain City City Council' since 1984. He reminds us to continue to pray for City Manager Jim Hermann. Jim is home now from the hospital, but not out of the woods. Blood clots con- tinue to be a problem. Financial Focus AMDRO will be out of the bag all across Mountain City on Saturday, October 11." That's the day that each house- hold is asked to broadcast fire ant bait across their lawn and flower beds. Several years a Citywide AMDRO Day made a major dent in the fire act popu- lation. Let's knock 'era back again. A little goes a long way with a "broadcast" application of fire ant bait. It takes a hand- held spreader to disperse just a few granules with each step. For those who want to use an organic product, according to a Texas A&M publication, fire ant baits with the active ingredient spinosad (it men- tions Ortho Fire Ant Killer Bait Granules) have action compa- rable to AMDRO. Have you had wrens all over the place recently? Do you know the difference between our two common wrens, Bewick's (pronounced "Buick's') and Carolina? The Carolina Wren has a buffy breast and is a bit puffy. The Bewick's Wren has a light breast and it a bit more slender. The difference between the Black-crested Titmouse and the Tufted Titmouse is (imag- ine this) that the Black-crested has a black crest. The Tufted Titmouse has a gray crest. We live in a very small strip where one can see the two species side-by-side at a feeder. Watch them with black oil sunflower seeds. Both will take a single seed to a limb to crack it open and eat the heart. The heart of Montage is tidbits. Please keep this heart beating. Phone 268-5678 or .email []. Thanks! Homecoming is + October Srd! Gel gour Homecoming Mums Gurlers How! at Sue Ellen's 122 Main Street Downtown Buda, TX @ signal light, across from City Hall S12-29S-00O08 Texans to Pay $2.7 Billion More Under New State Laws New laws that went into effect on September 1st will impose almost $2.7 billion in new amd higher fees, charges and out of pocket expenses on Texans for the 2004-05 biennium. Some of the new fees, charges and out of pocket expenses for the biennium include: Teachers and School Employees -- $1.08 billion; including $1000 less per teacher for insurance premiums; Health Care -- $596 million; including $4.8 million in fees on rural doctors; For more information about new and higher fees, charges and out of pocket expenses Texans pay as of September 1, go to http:llwww.window, state,tx.usltaxbudlnewfeesl SOURCES: Texas Comptroller Carole Keeton Strayhom ( GOLD'n'CRISP FRIED CHICKEN Voted best in Hays eight years in a row/. NOW OPEN! 101 Hall Professional Center in Kyle (across from the Plum Creek Subdivision) 268-1357 What Do Rising Interest Rates Mean to Investors? ong-term interest rates shot up significantly this past summer. If you're an investor, what do these higher rates mean for you? There's no one simple answer. How you respond to various economic events, such as a higher-rate environment, depends, to a certain extent, on your investment preferences, risk tolerance and financial objectives. Also, in looking ahead, you'd like to know if long-term rates will continue to climb --and that's notoriously hard to predict. But it's interesting to note that the Federal Reserve seems committed, for the near future at least, to keeping short-term rates low -- a stance that could also help restrain increas- es in long-term rates. In any case, you'll want to know how a change in rates would affect your investments. Let's begin with stocks. Rising interest rates are frequently accompa- nied by a strong economy, which generally translates irlto greater profits for companies -- and potentially higher stock prices. On the other hand, higher rates mean that compa- nies' borrowing costs will increase -- so it becomes more expensive for them to expand their operations. This added cost could affect stock prices. In short, it's impossible to say, unequivocally, that rising interest rates are always good or always bad for stocks. Of course, the best thing to do is hold onto high-quality companies for the long term, regardless of interest rate changes. This is how you create the opportunity to build wealth. Now, let's consider the impact of rising interest rates on bonds. Unlike the case with stocks, the effect of higher rates on bond prices is clear: when rates go up, bond prices drop. If you have a bond that pays four percent but market rates go up to six percent, nobody will want to pay full price for your bond. So, if you want to sell it before it matures, you'll have to offer it at a price that is less than you paid. If you plan on holding your bonds until maturity, you might not care about rising interest rates and falling prices. No matter what market rates are doing, you can expect to receive regular interest payments. And, as long as your bond is of good quality, and has earned an investment grade credit rating by an inde- pendent rating agency, you can expect to receive the face value back when the bond matures. Additionally, insured bonds can increase the credit quatit even more. (Keep in mind, however, that insuraJ does not eliminate market risk.) But even if you do hold your bonds until they mature, you can take steps to blunt the impact of higher interest rates. How? By building a "bond lad- der" -- a portfolio of bonds with different maturities. When your short-term bonds come due, you'll be able to reinvest them at a higher rate. And if rates start to fall, you'll still have your longer-term, high- er-yielding bonds working for you. Rising interest rates can clearly affect your investments. And yet, by following some tried-and- true strategies -- such as diversifying your assets, investing in quality and taking a long-term perspec- tive -- you don't have to be overly concerned with where rates are going. After all, you can't do any- thing about interest-rate movements -- so you're bet- ter off concentrating on those things you can control. Janet Ross Investment Representative 251 N. FM 1626 Buda, TX 78610 Bus: 512-312-2840 or Toll Free 888-312-2840 Member. SIPC Edward Jones serving individual investors since 1871 America can depend on Farmers' DEBBIE THAMES Agent Thames Insurance Agency is now serving your area. I would like to serve all of your insurance needs: AUTO * HOME LIFE * BOAT * IRA's TAX DEFERRED ANNUITIES Come by our office at: 251 N. FM 1626, Bldg 2, Suite C Buda, Texas 78610 or Call Business: (512) 312-1917 Fax: (512) 312-0688 Office Hours M, T, W, & F 9:00 a.m. to 5:00 p.m. Thursdays 9:00 a.m. to 7:00 p.m. Your Business & Referrals Are Appreciated Don't Miss Out on "Life"!!! What a great way to start out a new "life" by obtaining The Farmers' Juvenile Premier 'Whole Life policy which has some significant advantages you should know about. It's amazing what a few dollars a month can do for your child's future.