Skip to main content
The largest online newspaper archive
A Publisher Extra® Newspaper

Palladium-Item from Richmond, Indiana • 9

Publication:
Palladium-Itemi
Location:
Richmond, Indiana
Issue Date:
Page:
9
Extracted Article Text (OCR)

A8 Business PAUAPIUMITEM, Wednesdoy, Aug. 24, 1994 Wednetdoy, Aug. 24. 1994, PALLADIUM-ITEM World A9 Couple looking to retire at age 62 Police seize 2 1 pounds of stolen uranium-238 SUMMER CLEARANCE Elkhart Co. businesses in need of workers BHnann Russia.

Pakistan denies it Your money ALAN STAMPER annunities, mutual funds, or individual common stocks. These in-veitments will give us the opportunity to accumulate as much in investment dollars as possible while trying to pay as little as possible in current income taxes on our investment dollars. There are several different avenues to look at depending on individual circumstances when considering your retirement investments. 20 OFF Big Sizes Available Slack Alterations Done While You Wait ELKHART, Ind. (AP) In many parts of the country, an $8 "We have made a sovereign decision not to produce nuclear weapons," Munir Akram, a spokesman for the Foreign Ministry, told a news conference.

Foreign Minister Sardar Aseff Ali told The Muslim newspaper: "We are a very responsible country and we do not believe in the proliferation of nuclear weapons." Ex-prime minister Nawaz Sharif, who now heads the main opposition party, touched off the latest controversy Tuesday when he said: "I confirm that Pakistan possesses the atomic bomb." According to U.S. officials and others with a knowledge of Pakistan's program, the country has all the necessary components for a bomb and could assemble one in a matter of days or even hours. Typhoon death toll rises to over 700 BEIJING The death toll rose to more than 700 Tuesday from a typhoon that battered China's eastern Zhejiang province, the official China News Agency reported. The official Xinhua News Agency in a separate report said the damage from Typhoon Fred on Sunday was unprecedented. More than 560,000 were forced to flee from their homes as Typhoon Fred cut through the province, packing winds up to 118 mph and causing flooding that affected more than 11 million people in 184 towns and villages.

Compiled from Palladium-Item wire reports. has nuclear bomb ISLAMABAD, Pakistan The government today strongly denied a statement by the ex-prime minister that Pakistan has a nuclear bomb. Several government officials reiterated the country's longstanding position that it has the capability to make an atomic weapon but has not done so. isotope of the element, is not used in nuclear wepons, but it is the material from which plutonium is derived. Plutonium is the fissile material in many forms of nuclear weapons and is one of the most toxic substances known.

German authorities have seized four shipments of contraband plutonium since May, and have suggested that the material came from an-hour job with benefits and a sign-on bonus would bring a flood of applicants. Not in Elkhart County. Although there are scores of This week's profile is of a husband and wife, both age 50 that have just finished with some other family obligations and now would like to start saving as much as possible for their retirement. They plan to retire at age 62 so they are longer term investors. They are currently in the 28 percent tax bracket and are investing for growth with a moderate amount of risk.

They have no current need for income from their portfolio. Our first consideration we have to make is how to divide the assets they have to invest to get the growth they need to meet their goals with the least amount of risk. Our current asset allocation model would suggest that these clients should have approximately 60 percent of their investments in high quality common stock with the other 40 percent in fixed income securities such as investment grade municipal, high quality corporate or government bonds. This couple should look to invest a those positions available, there MEN'S SHOP itown Promenade are not enough people to fill them KING'S If you would like to be confidentially profiled in a future column, please send a description of your family and information about your assets, liabilities and future financial needs to: The Palladium-Hem, co Your Money, 1175 N. A Richmond, IN 47374.

Nearly everyone who wants a job has one, and the local newspaper is helping businesses lure new portion of their income (the maximum allowed by the plan) in their current company sponsored retirement plan or an IRA account if they qualify for the deduction. These contributions would be made on a before tax basis and then grow on a tax deferred basis until the time comes to take income at retirement. The stock portion of the portfolio should be concentrated more in this area to maximize the effects of the tax deferral and because this money is the last money the couple would want to touch in the event of an emergency. Once the couple has exhausted this possible avenue to contribute and get a tax break they should look to other investments such as tax free Municipal Bonds, tax deferred workers from other parts of the United States. The Elkhart Truth is advertis ing in selected metropolitan areas this week, and the response has kept the paper classified de partment busy.

Oh my goodness, apparently Texas has just announced it on their local news in Dallas, and we've been getting calls like mad in the last 10 minutes, ad saleswoman Barb Jabs said CLEARANCE I SAVE 40 to 50! shortly after noon Tuesday. And Dallas wasn even among revco is proud To Have hook's as part Of Our Family. MOSCOW Authorities arrested two unemployed men and seized 21 pounds of uranium-238 that had been stolen from a secret nuclear center, a news agency reported today. It was the latest in a series of cases involving the theft of nuclear materials from Russian plants and research facilities. Russian authorities have conceded that security is often lax, but deny that any weapons-grade materials have been stolen.

Uranium-238, the most common Rwandan refugees killed for stealing GOMA, Zaire (AP) Rwandan refugees attacked a group of their who were attempting return home today, taking five I hostages and forcing the United Nations to halt the planned repatriation, officials said. The incident followed one Tuesday in which five refugees were hacked to death for stealing in a refugee camp, Ray Wilkinson, spokesman for the U.N. High Commissioner for Refugees, said today. About 300 Rwandans including game scouts and trackers for the I country's famed mountain gorilla I reserve in the north had set out the Goma-area refugee camps this morning but never -made it out of Zaire. "One man was badly beaten and was hospitalized, and we under-I stand the thugs have taken five ref- ugees as prisoners," Wilkinson told The Associated Press.

"This was to be the biggest organized repatriation, but the incident is indeed a big blow." Details were still sketchy, and it was unknown how many attackers there were or exactly how the events unfolded. the 10 cities the campaign tar geted. The Truth paid $2,000 for ads in Indiana, Illinois, Michigan, Texas, Pennsylvania, Virginia, Georgia and Massachusetts. The campaign, which began Sunday, mm VI ft 1 I Fjjm Mi i i 1 I focused on areas with high unemployment and job markets similar to Elkhart County's manufacturing sector. Learn a NEW SKILL! I Increase your tax KNOWLEDGE! I CONVENIENT times locations! II The campaign features a toll-free number.

Callers are sent a recent copy of the newspaper's classified section with more than 500 help-wanted ads a general application and information about the area. CALL NOW! KvSb" 1 Hi CORRECTION The Edward D. Jones Co. ad carried in Sunday's Palladium-Item for tax-free investments at 8.20 was incorrect. The correct rate is 6.4.

We apologize for any inconvenience this may have caused. BLOCK For more information, call: 962-3809 or 1-800-TAX-2000 It's For Your Own Good IBM hi 550 JEANS You deserve a new home and I can help you find it. I can also find a buyer for your present home. Call me lor Super Service! LOR I A. WISE 9357500 (office) or 966041 4 (home) NOW ie(issiiiertab jeans I I Warn Lunate NOW au flam a swm 3000 Nail fid W.

Richmond, IN 47374 TAKE $5 OFF! "7 miDkNornvf denim stttm NOW In the Army Now(PG) 15:30, 7 30 9 30 1 15,7:15,9:15 Little Rascals (PG) 5: AD HOC RIBBED HENIETDPS SALE MAN AUVE BRAND DENIM SALE 2 FOR $45! WW Blankman (PG13) 4:45, 7.15, 930 Color of Night (R) 4:30, 7:30, 10:10 Clear Present Danger (PG13) 3:45,6:45, 9:45 The Mask (PG13) 5:00. 7:30, 9:45 Forrest Gump IPG13) 4:00. 7:00. 10:00 The Lion King (G) 4:15. 6:30, 8:45 Mary Lou Retton for Revco Drug Stores.

Hook's has been part of your community for a long time. Now, Revco Drug Stores is happy to have Hook's as part of our family. And that's good news for you. Because you can still enjoy the best Hook's has always offered you. You can rely on your friendly pharmacist and the same convenient locations.

But now you can count on more. Like our low prices every day throughout the store. And members of our FREE Senior Shoppers VIP Club save 10 on everything every Wednesday. We'll also match any competitor's pharmacy coupon, plus give you $1.00. And there's lots more in store for you, too.

You'll like having us in the neighborhood. Excludes alcohol, tobacco products and Third Party Prescriptions. 3 SDKDAU COTTON T-SHIRTS SALE 2 FOR $20! WESS DENIM JEANS 59.99 TO $95.99 Maverick (PG) 7:00, 9:30 LAYAWAY SPECIAL, 10 DOWN Flintstones (PG) 7:15, 9:15 AND NO SERVICE FEE! AND Mm, Mm MDREI Mflntpml SALE ENDS 9594 ii2l I I New Showing! mm MAI "In-stock items only in Richmond City Limits 6s "Let Bullerdlck Furniture help make being COLUMBIA mm mp ai nome tne Dest pan 01 your day iti nnmr inr rif hi nan ni vnnr rtav III I t7Revco AFtiendFbrLife: DULLERDICK MALL CASTLETON SQUARE MALL III RICHMOND SQUARE MALL WASHINGTON SQUARE INDIANAPOLIS RICHMOND. IN ffPNAS mmmmmmm wmmmmmw Monday-Thursday 9 30-6. Friday 9 30-6.

Saturday 9 30-5. Sunday 12-5 CX.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

Publisher Extra® Newspapers

  • Exclusive licensed content from premium publishers like the Palladium-Item
  • Archives through last month
  • Continually updated

About Palladium-Item Archive

Pages Available:
1,512,019
Years Available:
1876-2024