Archer County News (Archer City, Tex.), No. 40, Ed. 1 Thursday, October 2, 2008 Page: 3 of 10
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The Archer County News - Thursday, October 2, 2008 - Page Three
The Woman’s Forum
to hold contests
The Woman's Forum, Wichita Falls, is
promoting the fine arts through three
contests that are presently underway:
Amateur Photography Contest, Elemen-
tary Art Contest, and Poetry Contest. Age
divisions are as follows:
Amateur Photography: Elementary
Students, Junior High Students, High
School Students, and Amateur Adult
Photographers (Photographs may be of
people, nature or scenes of North Texas).
Cash prizes will be awarded to the Best
of Show in each age division and all con-
testants will receive a Certificate of Par-
ticipation.
Poetry: 4th - 6th Grade Students, Jun-
ior High Students, High School Students,
and Adult writers (Subject or theme for
all poems is to be Christmas Extrava-
ganza, about Christmas or the holiday
season using sight, sound, smell, etc.).
All poems must be limited to 28 lines or
less. Cash prizes will be awarded to the
Best of Show and all contestants will re-
ceive a Certificate of Participation.
Elementary Art Contest: 1st - 3rd
Grades and 4th - 6th Grades (First, sec-
ond and third place prizes will be
awarded in Drawing, Painting and Mixed
Media and each contestant will receive
a Certificate of Participation.
The Deadline for all three contests is
November 1, 2008. All entries will be on
display at The Woman's Forum Christ-
mas Extravaganza, Sunday, December
17, 2008, from 12 noon to 5 p.m. Entry
blanks and contest guidelines are avail-
able at The Woman's Forum, 2120
Speedway, or to receive copies by mail
or email call 766-3347.
■FINANCIAL FOCUS;
| by Grady R. Schenk, Jr. |
SHOULD YOU PREP A Y performance does not guarantee \
Berend Bros.
Wichita Falls • Olney
Windthorst • Bowie
Call to find out our
Winter Cube
booking prices!*
*Bag & Bulk both available
Fall seeds available!
Fall field seed varieties include:
Soft/Hard Wheat, Bob Oats,
Ryegrass (Marshall, Gulf Annual,
Jumbo), Triticale (other varieties
available via special order)
Windthorst: 940-423-6223
Bowie: 940-872-5131
Wichita Falls: 940-723-2736
Olney: 940-564-5674
If you' re fortunate enough to
have some disposable income
lying around, you might want to
use it to advance your long-term
financial goals. If so, you can
choose among many different
options. Here's one such
decision: Should you make extra
principal-only mortgage
payments, or should you invest
the money?
There may not be a clear-cut
answer to this question, because
each choice - to prepay or invest
- has some merits. So before
making any decisions, you'll
need to familiarize yourself with
both options.
To begin with, you might try
to calculate whether prepaying
or investing gives you the
greatest financial return. To
come out ahead by investing,
you'd need to find an investment
vehicle that paid more than your
fixed mortgage rate. For
example, if you pay off a fixed-
rate mortgage of 5 percent, you
are in effect "earning" a 5 percent
return, so if you found an
investment that paid 6 percent
or 7 percent annually, you could
say that you'd be better off
making the investment rather
than prepaying your mortgage.
At first glance, you might think
your choice is clear. After all,
you reason, it shouldn't be too
hard to find an investment that
pays 6 percent or 7 percent. Over
the past 80 years, large-company
stocks have returned on average
more than 10 percent annually,
according to Ibbotson
Associates, a leading investment
research firm.
And yet, despite these figures,
you can't necessarily conclude
that investing always beats
prepaying. For one thing, as
you've no doubt heard, "past
impressive long-term stock
market returns are just averages;
though the market has trended
upward over the long term, it
can also go through extended
periods of low returns, or even
sizable losses. But when you
pay down your mortgage balance
each year, you're earning a
regular, low-risk "return" in the
form of interest savings. So you
need to ask yourself if you can
accept taking on greater
investment risk in exchange for
a potentially higher return.
Furthermore, you might find
it psychologically beneficial to
pay off your mortgage as soon
as possible. And the less you
owe on your house, the greater
your profit when you sell it.
But other factors may weigh
against prepayment. You
generally get a tax deduction on
your mortgage interest, and this
deduction, especially in the early
years of your mortgage, can be
considerable. Even more
importantly, though, is the need
to diversify. If you have all your
money tied up in your house,
and the housing market slumps,
as it has recently, your net worth
might suffer more than if you
had spread your money around a
variety of assets, including
stocks, bonds and government
securities. (Keep in mind,
though, that diversification by
itself cannot guarantee a profit
or protect against loss.)
Clearly, you'll need to weigh
all these factors before deciding
whether to prepay your mortgage
or invest. Fortunately, it's not
always an "either-or" question.
One month you could pay more
on your mortgage while the next
month you could invest any
money you have available. It's
your choice - so make the most
of it.
The Archer Public Library was
used by six hundred seventy-
one patrons during the week of
August 4-8. Six hundred twenty-
nine books and two hundred
sixty-three videos were checked
out during that time.
Thank you to Barry & Trecie
Morrison for their donation in
memory of Thurman Mahler, to
Bill & Bobbie Meyer for their
donations in memory Margaret
Wilson and Thurman Mahler
and to Ricky, Melissa, Alicia,
Erin and Sarah Graves for their
donations in memory of
Thurman Mahler and Margaret
Wilson.
wtwtiinuummttttttttttttmmtmmwttwtttttmti.
Although generations of
reader of the Little House books
are familiar with Laura Ingalls
Wilder's early life up through
her first years of marriage to
Almanzo Wilder, few know
about her adult years. Going
beyond previous studies,
Becoming Laura Ingalls Wilder
focuses uponWilder's years in
Missouri from 1894-1957.
Utilizing her unpublished
autobiography, letters, and other
evidence, John E. Miller fills
the gaps and describes her sixty-
three years of living in
Mansfield, Missouri. As a result,
the process of personal
development that culminated in
Wilder's writing of the novels
that secured her reputation as
one of America's most popular
children's authors becomes
evident.
Miller places Wilder's life
firmly within its historical
context. Building upon his
analysis of her activities and
writings and mining
documentary sources, including
various drafts of Wilder's novels,
he shows not only the extent to
which her writings emerge
own
directly out of her
experiences as a girl and young
woman, but also how they were
shaped and embellished by
artistic intent. Wilder depended
heavily upon her daughter, Rose
Wilder Lane-an established
novelist, biographer, and
magazine writer in her own right-
for editing and polishing her
manuscripts. Without Lane's
encouragement, publishing
connections, and example, the
novels never would have been
written.
In addition to describing
Wilder's apprenticeship as a farm
newspaper columnist and
occasional magazine writer
before she began the production
of her novels, Miller discusses
Wilder's activities on her
family's Rocky Ridge farm and
as a vital citizen in Mansfield,
Missouri. Playing out her many
roles as wife, mother chicken
farmer, churchgoer, bridge
player, seamstress, farm loan
officer, and political candidate,
Wilder led an active life for
ninety years.
By showing how Wilder honed
her authorial skills for more than
two decades before she turned
to fiction writing, Miller
convincingly demonstrates that
Wilder's entire life was a process
of becoming the woman we
know as the beloved children's
author.
Check out Becoming Laura
Ingalls Wilde: The Woman
Behind the Legend by John E.
Miller at the Archer Public
Library.
■mwimttitmimnmiiimiromtmtttttimwwttiHi
Do you know how to prepare
for the DTV transition deadline
on February 17, 2009? Julie
Pruett with KFDX will be
presenting a program on the.
transition at the Archer Public
Library on October 9 at 6:30.
Archer County residents need to
call 574-4954 to reserve a spot
at the program.
GROCERIES
Happy Caramel
Apples
994
Customer servicesisi™ 4/$5
Large Green Bell
Peppers a/$l
Large Red Bell
Peppers
1 Money Orders
Gift Certificates
■Western Union
Full Service Grocery Store
■Postage Stamps | (Quality Meats & Produce
99 9 IChMksCa^ed
[ATM
Cream
Cello Pack Whole 8
Mushrooms «a/$3
Shurfine Sliced i6oz
Strawberries^/$ 4
Shursavings
Pizza ash.6.5., 3/SR
Shursavings
Bleach
Whole
Fryers
1
19
lb
Yogurt
rShurfine 1
Buttermilk
1/2 Gal
>5
128 oz
994
Shursavings
Cat
Litter
29
rShurfine
Stack Pak
Baco" w
l Shurfine
Chocolate
Milk
Beef Cube
Steak
Reg/Lo Fat
Hall Gallons
fS
rShurfine 2/^^
Jumbo 1
Biscuits
8 ent
4»
—
Shurfine Chopped
Broccoli
16 oz
/'Shurfine 1
Vegetable^Oil
Margarine
4. - 2^4.
rShursaving Vanilla ^
Wafers..
«/5
16 oz
bag
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FOR YOUR CONVENIENCE
WE ACCEPT THESE QUALITY CARDS
V
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> A
4 A.M.-IO P.M. - Mon. thru Fri.
Open 5 A.M. weekends
WE ACCEPT FOOD STAMPS & WIC
^ ^ PRICES EFFECTIVE 10/02/08 -10/08/08
V
NO SALES TO DEALERS • QUANTITY RIGHTS RESERVED
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Lewis, Shelley. Archer County News (Archer City, Tex.), No. 40, Ed. 1 Thursday, October 2, 2008, newspaper, October 2, 2008; Archer City, Texas. (https://texashistory.unt.edu/ark:/67531/metapth841033/m1/3/?q=technical+manual: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Archer Public Library.