The Baytown Sun (Baytown, Tex.), Vol. 83, No. 278, Ed. 1 Sunday, September 5, 2004 Page: 10 of 20
twenty pages : ill. ; page 21 x 11 in. Digitized from 35 mm. microfilm.View a full description of this newspaper.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
-.26
'.66
+.36
391
+.09
-.31
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+.16
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+.14
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+.4
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10.03
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-6.7
-2.0
-.67
-.28
+.76
-263 ‘
+.8
+3.7
-4.1
,3.6
+0.6
+0:2
Oracle
Penney
PepsiCo
PerotSys NY
Pfizer
ProctG s
+2.8 +14.2
-0.6
Name_
Landrys
LuMzol
Lucent
Lyondell NY
McDnlds "
Merck
+2.1
+1.4
-.33 -1.7
-.10 -4.1
+.47 +1.6
-3.0 -11.7
"8 +.8
+2.4 -12.5
SunMicra Nasd' ...
TXUCotp NY
TncoAut '
Texlnsf
3MCos
TimeWarn NY
Tycolntl
UnitevNV
UPSB
USSteel
Ventas
VdrizonCm NY
WalMail
Walgm
NY
_______ NY .... ...............
Oualcoms Nasd .28 38,49 +.06 +0.2 +42.7
ReliantEn ““ - -■ •
RoylDut
SBC Com NY
SchergPI NY
Schlmb
Sears
SerniHTr
SrriusS
NY ... ..
NY 152 45.48 +.71
.40 27.76 +.59 +2.2 +11.8
Microsoft Nasd .32 27.11 -.35
MorgStan NY - L00 51.00 ”
Motorola . NY .16 :16.14
V 9.82 +.10 +33.4
2.11 51.52 +1.07 +2.1 -1.7
1,25 26.20 +.36 +1.4 +.5
.22 18.79 -.33 -1.7 +8.1
.75 64.48 +2.40 .+3.9 +17.8
.92 39.84 +.06 +0.2 -12.4
Amex .11
Nasd
SouthnCo NY
SwStAirl
Nasd
NY
NY
Ex
NY" ... .....
NY 1.04 36.38 +.01 ... +11.9
NY 3.05 -.10 -3.2 +7.4
.90 20.06 +.28 +1.4 +18.3
Wk Wk YTD
Div Last Chg %Chg %Chg
.20 27.38 -.06 -0.2. +6.5
...... +.01
-.10
Wk Wk YTD
Ch$%Chg %Chg
+.02 +0.1 -27.1
-.67 -1.4 +9j
+.58 +1.8 +79
-.66 -40 . -30.0
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+.78 -+22 +12.5
-.06' -1.7 -28.7.
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-.72 -37 t22.6
+.12 ' +0.3 ' -3.5
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+.33 +3,4 +11,6
+.70 +07. -16
+.05 +01
-29'1' -1.3
♦ 13 +0.3. +3.0
♦ 11 +0.3 -7.0
+.01
-17
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-1.3 -.9
-.57 -1.1 -11.9
.16 16.14 -.45 -2.7 +15.3
NasdIOOTr Amex .01 34.15 -.41 -1.2 -6.3
NortelNIf NY ... 3.65 -.18 ""
■OcciPet NY 1,10 . 53.34 +2.45
nm+lfl ' : +nM +C
-4.7 -13.7
+4.8 +26.3
-2.5 -24.2
-.32 -0.8 +48.5
.92 50.84 +1.57 +3.2
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... 32.55 -.10 -0.3 -7.9
1.00 56.55 +.57 +1.0 +13.2
m 18+0 xnc an
+.06
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2.33
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■SRDRj Amex 1,72 112.12 .+.67 +0.6
Maaz4 Qj | QCj ^*7 4
.50 42.54 +2.16 +5.3 +79.3'
... .13.51 +.01
.09 19.17 -1.17
1.44 83.94 +2.46 +3.0
... 16.04
05 31.56
2.05 60.53
1.12 73.04
.20
+0.1 +101.9
-5.8 -34.8
-1.3
-4.0 -10.8
-0.9 +19.1
+1.3
+27 +0.4
38.11 +1.79 +49 . +8.8
16.55 -1.31, -7.3 -55.3
1.54 40.06 +1.10
.52 53.25
3776 +1.12 +3.1
WellsFrgo NY ■: 1.92 59:27 +.61 +1.0
Yahoos Nasd ... 29.46 +.16 +0.5 +30.8
+0.3 ...
..... I +7.5
-16 -18.1
♦ 1.60 + 7.7 +60.6
♦162 +3.6 +14.8
-11.2
+6.0
♦1.9 -20.4
+.50 +1.2 +16.1
+.36 +1.1 +8.4
+1.30 +4.5 +158
-.56 -3.1 -22.9
♦ 98 +2.7
-.08 -0.2
-1.97 -8.9 -37.4
-.55 -0.6 -8.9
+.26 +0.5 +12.0
-.06 -1.9 -16.2
' ■ +0.2 +12.0
+1.3 -7.9
Name
AT&T
Allstate
AEP
ApIdMatl
Ashland
Almel
BPPLC
Bkof Am s
BellSouth
Blk2008
Boeing
BurINSF
Calpine
CampSp
CenterPnt
ClwnTex
Cisco
Citigrp
CocaCI
ConAgra
ConocPhil
CrownHok!
DJIA Diam
Dellinc
Disney
DowChm
DuPont
DukeEgy
EMCCp
EnPro
ExxonMbl
FordM
GenElec
GnMotr
Gillette
Goodrich
Hallibtn
HewlettP
HomeDp
Honwlllntl
ntel
IBM
IntntHTr
JDS Uniph
JohnJn
Kroger
NYSE
6,510.44 +54.92
Diary_
Diary
Diary
Amex
1,243.17 +13.67
21 Cc... ,,v
EFII
OpenT J
SM&A
PortlStt rs
Cohu
Ca-reker-
+.70
-.20
+1.40
.... +.18
2,94 +.63
32.84 +1.27
633
399
52
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1.085
53
7.153.092.^00
1,835
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190
139
6,219.168.734
Name
CmptrAc
Sterr-1--
AdvF i lun. d
Abatix
. 8x8 Inc
Tweeler
BioanlyS
Merisel
Zonagen
USAirwys i
Advanced
Declined
New Highs
New Lows
Total issues
Unchanged
Volume
Advanced
Declined
New Highs
New Lows
Total issues
Unchanged
Volume
Intel 4274798
Microsoft2242876
Cis® 21
Oracle 17...
SunMicro 16787
ApIdMatl 13376
SiriusS 120757
JOSUniph941,
Yahoos 7067
~----- 558C
-.58 -15.8
-.60 -11.7
-.36 -11.4
-.60 -10.5
-35 -9.9
-.23 -9.4
-.25 -9.3
-.91 -8.9
-8.8
-8.7
2.393
1 068
, 318
. 40
3.552
♦ 91
6 595.095.052
Name
AdvMrktg
Heartlnd s
Scheib
Transpro
IntstGC
Belas.
Dryclean
B&HO
Apogees
AlldHIdg
■ Nasdaq
W 1,844.48 -17.61
Advanced
Declined
New Highs
New Lows
Total issues
.Unchanged
IVolume
Losers i$2 on morel_
Last Chg %Chg
310
4.55
2.80
5.10
3.20
2.22
2.45
9.28
4.24 > -.41
2.85 -.27
Name
IntslBaklf
IConvermS
UtdRentl
WinDix .
Converm ’ 9.23
CypSem 8 85
Mastec 5.07 -.76
IntICer 6 00 -.85
UtdMicro 3.51 -48
KrspKrm 12.38 -162
Last Chg %Chg
....... 5.81 +1.83 +46.0
treotxsn 11.40 +3.55 +-45.2
vFnBcs 25.70 +7.62 +42.1
3.31 +.90 +37.3
2.50 +.57 +29:5
6.81 +1.50 +28.2
5.70 +1,24. +27.8
3.45 +.75 +27.8
... 4.29 +.92 +27.3
vys n 2.35 +.50 +27.0
.J-PSERS($2ormohe)
Last Chg %Chg
5.451-2.45 -31.0
132 18.72 -6.98 -27.2
I 15 03 -5.36' -26.3
4 35 -1 20 -21.6
-1.86 -16.8
-1.38 -13.5
-13.0
-12.4
-12.0
-11.6
Most Active (st on mors)
Name Vol (DO) Last Chg
Nasd100Tr410237434.15 -.41
SPDR 1952594 112.12 +.67
SerniHTr 804261 28.30 -1.94
iShRs2000376350110.90 +1.14
DJIA Diam241991 102.86
iShJapan 142835 9.76
, RelailHT 118177 91 00
SP Fnd 99020 29.08
AvanirPh 97694
SPEngy 89662
576
15.74
4.86
Baim® ■ . 10.05 +1.44
8.39 +1.16
. . 140.75+18.93 . ...
DrilQuip 21.50 +2.72 +14 5
Melrogas 4.00.
GpoTMMA 2.73 +.34 +142
TorraNitro 17.98 +2.23 +14 2
Losers ($2 on more)
Name Last Chg %Chg
CoppMntn 4.00 -2.31 -36.6
SierraWr 16.49 -6.56 -28.5
NMSCm 4,06 -1.43 -26.0
21CenHld 14.35 -3.97 -21.7
EFII 16.22 -435 -21.1
Opentxt gs 17.43 -4.32 -19:9
6.68 -1.61 -19.4
2.71 -.65 -19.3
14.22 -3.21-18.4
8.52 -1.91 -18.3
_GaiHERSJ$2ormore£„
Name Last Chg %Chg
SixFIags 5 76 +1.04 +22.0
TrammllC 15.74 +246 +18.5
Maxtor 4.86 +:70 +16.8
Bairn® 10 05 +1.44 +16 7
Terra 8.39 +1.16 +16 0
MobileTel 140.75+18.93 +15.5
DrilQuip
11
Gainers {$2 on mobej _J __ Gainers (»2 or mqhe)
Name___ Last Chg %Chg
ASpectRrs 6.87 +1.87 +37.4
AvanirPh 2.94 +.63 +27.3
ASciE 24:85 +4.96 +24.9
Ablest 6.80 +1.32 +24.1
GeoGlobln 2.08 +.38 +22.4
HallwdGrp 63.25+11.35 +21.9
, . AccessITn 4.94 +.88 +21.7
Togas 4.00, +.50 +14.3 Cheniere 20.84 +3.65 +21.2
>TMMA 2.73 +.34 ., +14.2 Arhyth 1585 +2.65 +20.1
VaalcoEn 3.90 + 65 +20.0
Most Active ($1 or more)
Name Vol (00) Last Chg
Intel 4274798 20.05 -1.97
Microsoft 2242876 27.11 -.35
Cisco 2189930 18.75 -.72
I73927O 10.03 -.26
...........'C’3794 3.91 +.09
ApIdMatl 1337859 15.70 -.66
.~)7573 2 33 _)0
11421 3.05 -.06
______ ..'5702 29.46 +.16
CienaCp 558055 1.80 -.05
Most Active (Si or more)
Name Vol (00) Last Chg
Lucent 1159328 3.05 - 10
NorlelNII 765792 365 - 18
j Pfizer 699986 32.55 - 10
Texlnst 676691 19.17 -1.17
GenElec 633427 3284 +.07
; ExxonMbl 530220 47 06 +1.62
IBkotAms 488290 4361 - 44
iNokiaCp 478474 12.41 +.55
TmeWam452748 16.04 -.67
HewlettP 424452 17.70 -.56
I I I I I I I I I I I I T
ONDJFMAMJJASO
t meet continued-li
Stock Footnotot: g = Dividends and earnings m Canadian dollars, h = Does r-'
n « New in past 52 weeks, pf x Preferred rs=Stock I
.to buy security at a specified price, s e Stock h„
ship wd « When distributed wi = When issued ----------
Moat AcUvaa must be worth at least Jt. Volume in hundreds of shares. Source:
js m Canadian dollars, h - Does not meet confinued-listirig standards. If = Late filing with SEC.
i Stock has undergone a reverse stor* split O least 50 percent within the past year, rt=Right
: has split by at least 20 percent witfwt the last year un = Units. In bankruptcy or receiver-
ed wt = Warrants Gainers and Losbrs must be worth at least $2 to be feted in tabes at left
ime m hundreds of shares Source: The Associated Press Sates figures are unofficial.
2,500
2,500
ONLY IH THE SUN
Read your favorite columns every day
in The Baytown Sun.
+.64
+1.06
+2.00
+.85
+1.11
-.95
+.53
+.83
+.61
+.06
36.97
23.66
922
Subscribe.
CaN 281-422-8048.
292.25
6,510.44
1,243.17
1,844.48
1.113.63
556.24
10.820.88
2,468.92
2,500
25,000
25,000
Last
10,260.20
High
10,753.63
3,21245
293.52
6,798.12
I, 278.81
2,153.83
1,16323
606.42
II, 371.14
2,728.05
12-mo
♦15.5IA
+11.8ID
+13.8B
+11.6/A
+6.8/C
+4.6/B
+3.3/C
+15.2/A
♦3SE
♦14.3/A
-0.3/D
-1.85 +7.96
+4.48 +14.36
+9.50 +20.01
+1.09 +13.27
+5.93 +25.46
-7.93
+.15.
-.12
< " i: . I ........•
52-Week Wk Wk YTD 12-mo
Low Name___________
9.230.47 Dow Jones Industrials
2,660.66 Dow Jones Transportation 3,141.85
238.78 Dow Jones Utilities
5.614.48 NYSE Composite
970.89 AMEX Index
1.750.82 Nasdaq Composite
990.36 S&P 500
482.13 Russell 2000
9,595.20 Wilshire 5000
2,290.09 Lipper Growth Index
36,074
59,409
57,822
37,528
62,421
4,641
2,388
8,704
7,946
208
819
. -Intematonal Stock,
J. SS-Single-State k
Name______________■
American F’~*• ‘ rJ‘ -
AmerkanF...............r..
American Funds A: WshMutA p
Fidelity Invest: Contra n
Fidelity Invest: Magellan n
Janus: Mercury n
Janus: Olympus n
Janus: Twenty n .
Janus:WrWWn
Rydex Investor: Nova
Ryder Investor: OTC n
BL-Balanced, GL-Global I
SB -Short-T. 7. ' “
Chng in NAV with dr
Init Invt: Minimum S i
§5>un
Chg %Chg %Chg %Chg
+65.19
+33.05
+5.74
+54.92
+13.67
-17.61
+5.86
+4.57
+65.86
+1.49
Total ReturrVRank Pct Minlnlt
NAV 4-wk 12-mo 5-year Load
17.41 +3.0
28.83 +3.9
29.55 +5.2
50.47 +5.1
96.95 +4.9
18.80 +3.9
25.09 +5.3
38.34 +8.4
--- +13
+7.1
+4.2
-.74
+9.03
+9.31
+.20 +9.23
-3.28 +4.34
Invt
+41.7/A 5.75 250
♦14.96 5.75 250
+17.8/A 5.75 250
+10.4/A NL 2,500
-15.7IC NL 2.500
-28.7/C NL 2,500
-26.1® NL 2,500
-32.7/D NL 2,500
-21.4/E NL
-36.2/E NL
-50.3® NL
_______________Mutual Funds
Total Assets
__________________Obj ($Mlns)
i Funds A: IncoFdA p MP
i Funds A: JnvCoAAjlx LV
Fi®liiy’inveM':'Corilra'n""~'i> XG
Fidelity Invest: Magellan n LC
I
£
____._______I Slock, Il -International Stock. LC -Large-Cap Cora. LG -LargeCap Growth. LV -Large-Cap Vai., MT -Mortgage.
:■ Term Bond SP -SAP 500. SS -Single-State Muni. XC -M<*+Cap Cora, XG -Mutt+Cap Growth. XV -Mult+Cap Vai Total Return:
-“I dwiderxts reinvested. Rank: How fund paiomed vs. others same ctyectw A is it lop 20%, 6 in txklom 20% Mn
.—,. S needed to nwst it fund NA = Not Ml. NE » Data in question. NS = Fund not In existence Sourw: lipper. Inc.
10,260.20
Record high: 11,722.98
Jan. 14,2000
Dow Jones
industrials
For the week ending
Friday, Sept. 3
Your Better Choice
For All Your Investing Needs
401 (k) rollovers
made easy.
Start Earning Today!
Drop-in, call us at 281.422.3611 or
visit our web site at www.crcu.org
for more defails.
• Bavrown Tnas t ►me238.W28
1120 kingwood Onve. Swtp 600 • Kingwood. Texas • 281 312.1236
Tuesday. September 28
6:00-8:00 p.m. Call for details
j./3F~~~[Jennifer
Marcontell
■ Rolhngbrook. Stc ( ■
£ v4^EB3V,oun- I X 77521
^^■281-838-3100
■■^ww edvk.irtl|t>tKM%Hii ■
Edward Jones
S-rku lodMAral l»M>n S.«x VUp
__________________ MemWSiPC
Stephen V. Takach
2223 N. Alexander Dr.
Baytown, TX 77520 I
281-428-1952
www.edwardjones.com i
Member SIPC
Edwardjones
Swmj Indindual inveftor* Siaee 1871 j
cc
COMMUNITY
RESOURCE
Tour Beltrr Choict
Shareholders
Meeting
1
JQA
Sunday. Sentemhet 5. 2O&.
1 J-
Welcome To
Building permits
Construction,
The Baytown Sun
for the week of Aug. 27 through
■ Construction trailer, 8015
Trophy
Homes,
tractor:
A < ,
Stocks of Local Interest
■ Certificate
occupancy/restaurant,
reversing two years of massive
cutbacks.
Those gains were reaffirmed
adjustments and image sharpen-
ing, blurring, transforming and
rescaling.
Class will be Mondays and
Wednesdays, Sept. 13-29, from
PbBAY TOWN
fltb OF COMMERCE
Langniappe
Investments LLC, $52. Issued
TraceyS.
Wheeler
Martinez
CHAMBER
TODAY
■
■
*■
ating on a year-over-year basis, begins Tuesday, Sept. 14.
according to data from- the
Commerce Department.
Shipment of these goods have
also softened.
could hold buying down.
Lehman Bros, chief U.S. econ-
omist Ethan Harris worries that
there are some indications that Computer help desk
certification available
Lee College Continuing
Education and the Small
Business Development Center
have teamed up to bring the
Garth Road, owner: Maxicorp tractor: Rosa Mancillas, $52.
Properties, contractor: Golden Issued Sept. 1.
Crescent Construction, Permits issued for new resi- z
dential construction were val-
ued at $159,500.
■ New residence, 938 Chad,
Online real estate
courses available
Lee College is offering online
real estate courses through the
Continuing Education department.
The first course, Real Estate
Principles I, begins Sept. 13.
The online course is offered
through the Virtual College of
Texas. The cost to enroll in Real
Estate Principles I is $150.
Additional classes will be offered
during the fall semester.
To be eligible to apply for a real
estate license, individuals must
complete 60 classroom hours of
principles of real estate, 30 hours
of law of agency, 30 hours of law
of contracts and 60 classroom
hours either in core courses or in
related courses acceptable to the
Texas Real Estate Commission.
To register, call 281-425^311.
Is business spending
really on the increase?
By RACHEL BECK
The Associated Press
NEW YORK -All the reasons
are there for companies to ramp
up spending, but that doesn’t
mean commitment-phobic execu-
The Lee College Small
Business Development Center
is set for its monthly business
breakfast and networking work-
shop on Wednesday at the
} Backdraft Bar-Be-Que in
Highlands. Michelle Larson, a
local CPA will be the featured
speaker. Larson’s presentation
will focus on taxes.
The event is open to the pub-
lic. Sign-in begins at 7 a.m. and
breakfast begin? at 7:30 a.m.
The cost of the breakfast is $5
with a reservation and $8 with-
out. Advanced reservations will
be accepted until 5 p.m. Monday.
In addition to the monthly
business breakfast, SBDC will
offer workshops in Excel 2002,
Access 2002, business start-
up, Quick Books basics and
customer satisfaction and
esteem-building.
To reserve a seat for this
caj
He points to core capital goods
orders, the best leading indicator
of equipment spending. They
rose 0.6 percent in July but were ______________
roughly flat over the last three computer help desk certification.
months and have stopped acceler- program to the college. Class •
The course will give students
advanced help desk skills to pro-
vide computer support and cus-
tomer care.
Classes will meet Tuesdays
SBDC breakfast to feature local CPA
dential and commercial build-
ing permits valued at $233,444 $25,000. Issued Aug. 30.
Sept. 2.
*'
■R+-
Weekly Stock Exchange Highlights
Homes Ltd., $159,500. Issued
Sept. 1.
Permits issued for residential
add-ons or remodeling were
valued at $500.
■ Storage building, 2206
Rosille Street, owners and con-
tractors: Theresa and Joe Rice,
$500. Issued Aug. 31.
third monthly increase in a row.
Good news? It certainly was.
But can that run continue? We
will believe it when we see it.
Should capital spending take
off. it would be a welcome devel-
opment. Consumers, who have
mostly fueled the economic
recovery with the excessive buy-
ing, are showing some signs of
pulling back.
That isn’t to say that they have
called it quits, but with debts
mounting, gas prices rising and
jobs still hard to find, they are
starting to feel pinched. A report
issued by The Conference Board
this week reflected just that, with
consumer confidence tumbling
last month for the first time since
February. New retail sales data
also shows some softening in
their spending, with Wal-Mart
Stores Inc. — the industry bell-
wether — having its weakest per-
formance last month since
December 2000.
For the economy, this is bad
news because consumer spend-
ing makes up two-thirds of its
activity. Businesses, therefore,
need to pick up the slack.
There are plenty of reasons
why they should be ready to buy
again. To start, many companies
haveh’t made significant pur-
chases since the booming days of |
the late 1990s, so it’s time to
replace or repair their older
equipment and facilities.
And they have ample cash on
hand to cover costs. The financ-
ing gap—the difference between
capital spending and corporate
cash flows — turned negative last
year and continues to go that
bill. But they have to make their
purchases by year-end.
With such factors in mind, rat-
ings-agency Standard & Poor’s is
forecasting that capital expendi-
tures for companies jnj its S&P
500 stock index will Ifo up 5.53
■•••••- Contributed photo
bought, thus reducing their tax Welcome, Texas Computer Guru
”” " The Baytown Chamber of Commerce recently welcomed Texas
Computer Guru to the Chamber with ft ribbon-cutting ceremony.
Pictured from left are Chamber ambassadors Mike Wilson, owner
Aaron Barbee and ambassadors Daniel Waits and Chad Meding.
The new store can be reached at 281-628-5099.
Make your vote count
Whether you run a large
corporation or work in a
small business, it is critical
that you make your vote*
count. You have a right. You
have a voice. And, you can
make a difference.
Business owners across the
state agree that government
cannot make your company a
success, but government can
surely hurt your business with
excessive regulations and
increased taxes. Government
regulations directly and indi-
rectly determine salaries, pay
raises and benefits.
According to a study by
Northwestern University’s
Medill School of Journalism,
23 million Americans contact-
ed an elected official over a
two-year period, but didn’t
bother to go vote! Together we
can change that.
The Baytown Chamber of
Commerce has teamed up with
the Texas Association of
Business to bring you easily
accessible tools that bring you
all the resources you need to
register or vote in the 2004
elections.
Through www.tabvotes.com,
a free voter-education Web site,
a click of a button will allow
you or anyone in your compa-
ny to:
■ Request voter registration
and absentee ballots request
forms,
Bl Receive candidate infor-
mation and scorecards,
Bl Obtain the status of races
and
■ Search for polling places
in your area.
We have all witnessed close
elections firsthand that illus-
trate one vote can make the
difference. None of us can for-
get the presidential election in
2000. In New Mexico alone,
366 votes separated President
George W. Bush and Al Gore.
And, many of us still remem-
ber that JFK received 49.7 per-
cent of the popular vote and
Nixon received 49.6 percent.
Did you also know that
Texas received its statehood
because of a single vote?
As employers in our com-
munity, the Chamber encour-
ages you to share voter educa-
tion information such as
www.tabvotes.com with your
employees. According to the
U.S. Chamber of Commerce,
nearly 80 percent of employees
say that they want to hear from
their employers about candi-
dates running for office and
the issues at stake in the
elections.
This election Web site isn’t
about any specific party or
candidate, but attempts to raise
awareness that voting is our
most important business.
Remember the last day to
register to vote is fast
approaching. Oct. 4 is the
deadline.
Tracey S. Wheeler-Martinez
is president and CEO of the
Baytown Chamber of
Commerce. For more informa-
tion, visit www.baytown cham-
ber.com, or send e-mail to
bccl@gte.net.
Continuing Ed offers
Photoshop course
Learn the basics of Adobe
PhotoShop 7.0 at a course begin-
ning Monday, Sept. 13.
Students will learn Web design,
their buying budgets just yet.
For almost two years, there
have been expectations for an
imminent upswing in capital
expenditures. Then came the war
in Iraq, volatility in the stock mar-
ket and a slow economic recov-
ery, all of which rattled corporate
confidence enough to hold down
spending.
And now there is again big talk
about a likely spending surge.
Take the Commerce Department
report this week that showed fac-
or^er!j ir's'n8 ’n •’uly f°r ^ie by a new survey by The Business
......... ’ Roundtable, an advocacy group
of chief executives from some of
the nation’s biggest companies.
It found that 49 percent expect animation and multimedia produc-
capital spending to rise over the tion, image modes and resolu-
next six months, up from 44 per- tions, basic color and contrast
cent in June.
But even though there are
expectations for spending to soar,
that doesn’t mean it will. For
instance, should higher oil and 5:3o to 8:30 p.rn. in the McNulty
commodity prices remain, it Haddick building, Room W09. The
could hold buying down. cost to enroll is $109.
To register, call 281-4256311.
The City of Baytown
Inspection Division issued resi-
route. It was a whopping negative
$62.8 billion in the first quarter,
the most recent data available
from the Federal Reserve.
In addition, there are incentives
for corporations to spend. Under
, - , a use-it-or-lose it provision in
Bush’s 2003 cut Plan’ comPa-
nies can write off 50 percent of a
capital investment when it’s
1 ■ Certificate of
. occupancy/grocery store, 5027
Permits issued for commer- East Freeway, owner and con- ^'^conta^r Bri^
cial add-ons or remodeling tractor: T
were valued at $73,444. Invest™.
■ Certificate of Aug. 30.
occupancy/remodeling, 5051 —
Garth Road, owner: Oakridge Berkley Court, owner and con-
Plaza Partners, contractor: ~
breakfast, or to find out more Brazos Contractors & $27,000. Issued" Aug. 31.
about the workshops, call 281- - - - — - —
425-6309.
siock inuex win up o.oo ~ ~ ~ _
percent in 2004 from a year ago, LGG COllSgO 01*161 S
from Sept. 14 to March 22,
from 6:30 to 8:30 p.m. on the
Lee College campus in the
Advanced Technology Center,
room 320. The cost to enroll in
this course is $189.
Call 281-425-6311 to register.
Contractors
Developers Inc., $21,340. ■ Certificate of
Issued Aug. 30. occupancy/restaurant, 6809
■ Remodel interior, 6919 Bayway Drive, owner and con-
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Reference the current page of this Newspaper.
Cash, Wanda Garner. The Baytown Sun (Baytown, Tex.), Vol. 83, No. 278, Ed. 1 Sunday, September 5, 2004, newspaper, September 5, 2004; Baytown, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1185502/m1/10/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Sterling Municipal Library.