The Panola Watchman (Carthage, Tex.), Vol. 121, No. 79, Ed. 1 Wednesday, September 21, 1994 Page: 3 of 18
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The Panola Watchman
Carthage, Texas A
Wednesday, September 21, 19943
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BHS homecoming duchesses
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Special Racks
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Old Dad"
Jennifer
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al chapter will be
iber 27. 1994 at
e Golden Conal
creases 3.5 percent, and total return
decreases to 2.9 percent Total re-
turn measures total earnings in a
full year based on change in the net
asset value of the shares.
A 1 percent rise in interest rates
would affect a municipal bond fund
differently. On an average muni
fund paying 4.7 percent, market
value of the shares would decrease
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I omecoming
Apparel
Headquarters
As you can see, interest rate
changes affect the immediate mar-
ket value as well as total return of
the entire fund, regardless of credit
quality or guarantees of individual
bonds in the fund. If interest rates
rise, however, bond funds typically
replace maturing bonds in their
portfolio with higher-yielding is-
sues. Eventually, the investor's in-
come will rise accordingly.
Bond funds can be an important
part of a balanced portfolio, in-
vestors must be willing to accept
some fluctuations in market value
in exchange for the higher income.
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We have been taking the little
magazine, "Reader's Digest", for
over 50 years.
It includes
just about
any type of
reading you
might like,
it has ad .
longer you iatend to hold an in-
vestment. the less important market
fluctuations may be. However, if
you're unwilling to tolerate changes
in share prices due to market fluc-
tuation, these ratings can be im-
portant.
When interest rates rise, bond
fund owners typically notice the
market value of their shares de-
cline. They often ask, "How would
a 1 percent rise in interest rates af-
fect my bond mutual fund?" The
and a lot of jokes.
Even I, a slow reader, can read
most of it before the next issue ar-
interest rates on GNMAs rise 1 IC
percent, the market value of the I
shares in the GNMA fund de- r
Answers to last week:
Fourth grade: (1) A rug. (2)
Mustard, chili and horseradish. (3)
A fence. (4) A star. (5) Hunger
pangs.
Fifth grade: The missing letters
spell "FIREFLY."
Sixth grade: Proscuitto comes
from Italy.
AYNE
name
loving
laim —
es!
50!
irthday
se who
e you!
111 X. St. Mary - on the square
693-2871
answer depends on the underlying 9 percent, and total return would be
securities in the fund and the rate a loss for the year, of -4.3 percent.
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First Things First
BY TULA BIGGS
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Jason Bynum; and freshman duchess Christina McGuire and Landon Holland.
fpencieogoco
yF by Tom Goodson, CFP
the fund is paying.
For example, consider a typical
GNMA fund paying 6.4 percent. If
9
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Science activities
Fourthgrade
Why does a male bird have
brighter feathers than a female
bird?
Fifth trade
Carefully place a dry paper clip
on the surface of water. The paper
clip will float Add a drop of liquid
detergent to the water. What hap-
pened and why?
Sixth grade
Claire is interested in measuring
the magnitude of earthquakes.
What instrument would she use?
Homecoming duchesses and their escorts are, from left: junior duchess Kasie Morris and Landon Dixon; jn- venture
nior duchess Paula Coleman and Chance Courtney; sophomore duchess Kelli Briggs and Chad Courtney; stories, down home stories of the
sophomore duchess Jackie Anderson and senior Quentin Anthony; freshman duchess Leslie Buchanan and work place, stories of military life.
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and White for
acceleration
It'S Homcoming Week,
It's Victory We Seek!
Our Dogs Are Tough,
Their Bites Are Rough!
Dragons Watoh Out,
We're Winning - NO DOUBT!
HE k HEBS BEAUTY SHOP
kTANNAG SALON
Offers
Special Prices With Student ID
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2
Johnny Laine Ebey, 31, of by Baisden
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.ordy
ho’s
rives. This month, one little sen- Him each day what we ought to be
tence at the bottom of a page doing. If we follow through, great
caught my eye and my mind. It is promises will began to come true in
an Italian proverb It says, "Once our lives. These promises are not
the game is over, the king and the about wealth or fame. They are
pawn go back into the same box." about peace of mind, even when we
Let that sink in for a while. feel the rest of the world around us
That assures me that we use a is rocking unsteadily. It mean,
lot of time seeking things that are knowing in our own hearts that we
not the most important. Maybe we can handle whatever comes m-day
can rise to great success. That's with the help of God. To-morrow
good, and I think everyone should we can start over.
strive to be all that they can be. Just Izmi, tlwre wy a for of people
don’t count on it getting you any out there that are hurting to-day.
higher stakes when the game is We know you love them aU. Direct
over. I think we should just dedi- us all in the way we should go and
cateour lives to the Lord, as com- give us the strength and courage to
plete as we know how, and ask doit. °
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Standard & Poor's (S&P) is the
latest of several research organiza-
tions to rate the market risk of bond
mutual funds. These ratings iden-
tify how sensitive a fund's market
value is to changing market condi-
tions. The ratings range from "aaa,"
indicating very low market
sensitivity, to highly speculative
"ccc" ratings. S&P ratings are
updated monthly to reflect changes
in interest rates, credit risk,
liquidity risk, currently
fluctuations, hedging techniques
and more.
Bond funds should be selected
to meet individual needs-not just
because they may offer low sensi-
tivity to market fluctuation. The
Available
laun
3/569-1933
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Taylor driver of the month
Taylor Service Company has recognized Jimmy Hinton as Driver of
the Month for August. Above, Hinton is pictured left with driving su-
pervisor Luther Conway, who presented the award. Hinton has been a
driver for Taylor for four years. He and his wife, Charlene, live in
Marshall with their daughter, Shana. The award is presented to
drivers with good safety records and positive attitudes.
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Veletha R. Ross, 19, of
423 Cook Street, Carthage, was
arrested by Baisden and White for
grand jury indictment for
aggravated assault with a deadly
weapon.
James Autry Pierce, 24, of
102 S. Gaston. Carthage, was
arrested by Baisden for
CPF/speeding; CPF/no insurance
Arrest report-------
Arrested Friday, Sept. 16 were: white and Panola County Sheriffs
Ezar Jabbar Barnes, 22, of deputy Kevin Lake for obstruction,
DeBerry, by Panola County reckless driving while license
Sheriffs deputy David Grary for suspended, no seat belt, no liability
: CPF/driver consuming alcoholic insurance and public intoxication,
beverage; CPF/no liablility Keenon J. Blackhire, 20.
insurance; CPF/no drivers license; of 607 S. Adams, was arrested by
CPF/assaull; and CPF/failure to use Panola County Sheriffs deputies
safety restraint. Darren Baisden and White for
Joe John Viasana, 27, of CPF/no drivers license and CPF/no
513 N. Daniels, was arrested by MVI.
Carthage Police officers Duncan „
. and Benkowski for assault. - Richard James Brown, 22,
... Marion Orlando Mules, of Marshall was arrested by
30, of DeBerry, was arrested by Baisden and White pursuant to
Panola County Sheriffs deputies warrant for speeding.
Gray and Keith Edgemon for ... James D. Foster, 20, of
assault. 606 Comer, Carthage, was arrested
County Sheriffs deputies Gray and and CPF/speeding.
Chris White for assault. ... Ray Lloyd Bidleman, 39,
Arrested Sunday, Sept. IX, of Beckville, was arrested by
were: Panola County Sheriffs deputies
Clifford DeMone Golden, Bryan Murff and David Jeter for
32, of DeBerry, by Panola County deadly conduct.
Sheriffs deputy Gray pursuant to Arrested Monday, September
Harrison County warrants for 19, 1994 was:
speeding, ride not secured and Floyd Odell Bumett, 57, of 1615
failure to appear. S. Market, Carthage by Mims
Larrry Darnell Thomas, pursuant to warrant for indency
40, of DeBerry, was arrested by with a child.
Terrell, Texas was arrested by
Carthage Police officer Faulkner
for DWI.
Arrested Saturday, Sept. 17,
were:
Danric O'Neal Hudson,
22, of Clevelend, Texas by DPS
Trooper Ronnie Porter for failure to
display valid drivers license, failure
to identify.
Ellis Roy Brown, 33, of
Beckville. was arrested by Panola
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Leach, Ted. The Panola Watchman (Carthage, Tex.), Vol. 121, No. 79, Ed. 1 Wednesday, September 21, 1994, newspaper, September 21, 1994; Carthage, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1541502/m1/3/?q=Lamar+University: accessed June 20, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Sammy Brown Library.