The Hereford Brand (Hereford, Tex.), Vol. 83, No. 63, Ed. 1 Thursday, September 29, 1983 Page: 3 of 16
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Butineu Mirror
Return of money
could double assets
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That performance is claim- NAIC precepts, they were be-
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Dividends are merely
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Economics bad
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in El Salvador
A Fall Fashion Preview
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W.T. Chamber
seeks industry
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Coming Sunday
October 9th
cent was just average. Some that you should invest small
of the clubs earned con- amounts regularly over long
r: aawrano
ed by amateurs — members
of clubs that report to the Na-
tional Association of Invest-
ment Clubs. And the 28 per
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siderably more.
The real beauty of it.”
says Tom O'Hara, associa-
tion chairman, "is that it's
coming from individuals
throughout the nation who
Happy Birthday
Sandra ..
I Love You!
From B.W.R.
Your Sweetheart
periods of time in order to
take yourself out of the posi-
tion of having to guess the
market.
ing presented with invest-
ment opportunities
The NAIC believes in
regularity. One rule states
challenge. But U.S. officials
also recognise a long-range
challenge - lifting Central
America out of its poverty, a
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Presented By
The Hereford Brand
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And the dismal life of
Ozatlan, a mud-wall town in
the green uplands of eastern
El Salvador, is multiplied
hundreds and thousands of
times in similar "pueblos”
across Central America.
"Things are worse now
than when I was a boy,”
Ozatlan’s 43-year-old mayor
tells a visitor. "At least then
people had work.”
The leftist uprisings that
unsettle Central America are
viewed in Washington as an
West Coast industrial
representatives indicated a
great deal of interest in West
Texas for expansion and loca-
tion purposes during the Sept.
20-22 Economic Development
Tour sponsored by the West
Texas Chamber.
Company representatives
met with West Texas com-
munity leaders during lun-
cheons in Los Angeles, Santa
Clara and San Francisco. The
prospect received materials
on individual West Texas
communities
Industries interested in
West Texas ranged from
amined — has been able to
beat the market soundly in
both the long term and short
In the same nine-year
period, for example, the Stan-
dard & Poor's 400-stock index
rose just 17 percent And over
the period from May 1, 1962
through April 30, 1963. club
performance topped the SAP
400 by 44 percent to 36 per-
cent.
The clubs have have had
their share of disasters too,
as you might expect. In viola-
tion of the basic principles
that should have guided
them, many clubs lost heart
during the days of depressed
paces in the 1970s.
Faced at their monthly
meetings with continued
losses, hundreds of clubs
disbanded, unfortunately at
the very time, according to
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Featuring Coverage of the Women's Division (Chamber of Commerce) STYLE SHOW
October 4th, The Newest Nationwide Fall Fashion Trends, As Well As New Lines
. Offered By Local Merchants.
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patients.
Hums for
rance in-
12 percent
tsemxetestvety
MM MM.
alleged in
prisoners
ly in a ma-
attempting
1 stoppage
ter showed
numerous
ons on the
he report
concern,
e fact that
cidents of
the par-
s with the
above,
yexcepaMee
A new tour attendance
record of 211 was set by West
Coast business leaders as
they listened to reasons why
they should locate new in-
dustry in West Texas during
the 1983 Economic Develop-
ment Tour of the West Texas
Chamber of Commerce
be done?
ies Hreen
College of
iynecology
an do is to
by state,
ards which
alpractice
can go to
out those
picuously
> to court-
" which are
out meat.
OZATLAN, El Salvador
I API — A short jet hop from
Miami, babies die daily from
simple, curable ailments.
People live lives without
work, without clean water,
without electricity or
latrines. Families who sur-
vive on rice, beans and corn
are learning to do without the
com.
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iri • aral
cent of all
and
backing
caseloads,
obstetrics
ate who
ely beaten
ho caught
concluded
r officers
ate threw
them, the
□died and
officers re-
have had very little formal something to be reinvested —
training or experience in in- never to be spent. And the
vesting." decision should be as
According to O'Hara's automatic as the regular
calculations, the average monthly investments. which
club in the survey — 240 averaged out in the latest
clubs, or about 5 percent of survey to 834.36 a person and
NAIC membership, were ex- $447.17 a club.
By JOHN CUNNIFF AP
Business Analyst
NEW YORK (AP) - A
return on your money of 28
percent a year is more than
enough to double your assets
in three years — if you’re
able to maintain the pace that
long.
Wall Streeters will tell you,
however, that it isn't that
easy, an opinion easily
documented by a quick look
at the professional investor
performance charts, which
often show yesterday's leader
is today s also-ran.
But a survey of one group
shows that its members have
been able to maintain the 28
percent rate for nine years,
or long enough to turn a 81,000
investment into more than
88,000 — before the tax ter-
mites do their job.
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knowledge and high
technology to metal and air-
craft manufacturers.
"The industrial prospects
outnumbered the West Tex-
ans at each of the three lun-
cheons, and their interest
seemed to be quite high” con-
cluded Gary L. Bowling, tour
chairman and vice president
for Industrial Development of
Texas American Bank. Fort
Worth
This year's prospect count
was almost double the 1979
WTCC Economic Tour to
California.
West Texas communities
represented on the tour were
Abilene. Amarillo, Arlington.
Big Spring, Borger. Burleson,
Cleburne, Dalhart, Dumas,
El Paso, Fort Worth, Haltom-
Richland, Killeen, Lubbock,
Midland, Odessa, Perryton,
Plainview, San Angelo,
Sunray, Tulia and Wichita
Falls.
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misery that seems to deepen
each year.
"Killing G's isn't going to
win this war,” said a senior
U.S. military adviser in El
Salvador, using the
Americans' shorthand for
"guerrillas."
"But economic develop-
ment may do it."
President Reagan has
pointed out that 77 cents of
every U.S. aid dollar to El
Salvador is economic
assistance. But most of that
assistance — which totals
8290 million this year — is
funneled into the Salvadoran
central bank to keep this
country from drowning in its
debt, or is spent on repairing
war damage. Only about 85
million goes toward health
and education development
projects.
El Salvador has had to fight
a civil war while grappling
with a disastrous depression
— the gross national product
has shrunk by one-third over
the past five years, leaving
tens of thousands
unemployed.
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Nigh, Bob. The Hereford Brand (Hereford, Tex.), Vol. 83, No. 63, Ed. 1 Thursday, September 29, 1983, newspaper, September 29, 1983; Hereford, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1477674/m1/3/: accessed June 24, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Deaf Smith County Library.