Abilene Reporter-News from Abilene, Texas • 61

Your Office Furniture Sai A Lot About You ViOur Showroom 290 Cypieu Street Abilene Tta fft 325-673-6422 office sum iff r- Sbilrae ftrportrr-i7eto statioES KTXS KTES to be sold By Thaddeus DeJesut toe contract could be signed within two buying them because small markets throughout the nation Galaxy Media Partners Inc and be based Reporter-News Staff Writer weeks very successful and (we) want them to including KTXE-TV the ABC affiliate in in Las Vegas Wilson said he will serve as If the (teal for its 10 television stations stay that way" Wilson said Wednesday San Angela the company1 chairman and president Attorneys are drafting the contract is approved it would mark during a brief telephone interview Lamco Communications is a sixthgen- In June Abilene NBC affiliate KRBC- outlining the terms of the sale cf ABC return to broadcasting after a one-year a viewing standpoint we eration family-owned media company TV was sold by LIN Broadcasting to affiliate KTXS-TV and Telemundo affilk mhhatiml Tii 4984 he founded Citadel anticipate any changes" that began as a newspaper in the 1890s Mission Broadcasting ateKTES-TV Communications a radio broadcasting The purchase price has yet to be dis- The sale still must pass muster with the The Abilene station and NBC affiliate The parent company company he sold for $2 billionin 2001 dosed but Mediaweekxora an industry Federal Communications Commission KACB-TV in San Angelo were reportedly Pennsylvania-based Lamco Communi- Wilson is touring the LamcoKxwned Webzine reports the deal at $145 million and Lamco stockholders most of whom sold for $10 million cations Inc has agreed in principle to a stations which are scattered throughout The Abilene stations employ 54 fhll- aredescendantsof theLamadefomilythe stock buyout spearheaded by former the nation He met with KTXSKTES time and 14 part-time employees founders Contact worWr writer Thaddeut DeJesus at media executive Larry Wilson who said department heads Tuesday Lamco owns television stations in The new company would be named or 6766744 Files Lost in Flames Salt cedars deserve to die federal expert says By Matt Phtaney San Angelo Standard-Times Jay IMtafTIa bcnraito Bn (i 8HNS Wayne Staring seated owner of New Home Building Supply completes an order form for Coe Clark right a longtime customer at the temporary office of the lumber and hardware supply company The main building was destroyed In a muttlmlllioivdollar fire recently Clark discusses the fire with employee Matt Smith center Clark's partner Rob Helmcamp is at left SAN ANGELO -Salt cedars need to go the way of the boll weevil in Texas Renne Lohoefener said that like the cotton crop pest salt cedars should be eradicated and can be if state agencies land owners and researchers work together to fight the tree Lohoefena from the US Fish and JVlldlife Service was one of 15 speakers Wednesday during the Saltcedar and Water Resource in the West symposium at the San Angelo Convention Center Salt cedar is widely regarded as a heavy water user along some Texas waterways such as the Pecos and Colorado rivers Exactly how much water salt cedar uses can be difficult to measure because usage depends on several onsite factors including plant density salinity of water and depth of underground water table said Larry White Texas Cooperative Extension range specialist salt cedar does not use 200 gallons every he said might use 500 gallons one day and 70 gallons a different Salt cedar was introduced to the United States in 1823 as an ornamental plant said Homer Sanchez of the US Department of Agriculture's Natural Resource Conservation Service He said the USDA began planting salt cedars along waterways for erosion control in 1968 The trees then quickly spread out cf control One adult salt cedar plant can produce 500000 seeds that can float downstream or be spread by wind and insects According to a NRCS study done in 1982 there were 563400 acres of salt cedar in Texas and about 95000 acres on the Lower Colorado River Basin alone Sanchez said there is much more salt cedar along the river now Eliminating salt cedar could help native plants such as the endangered Texas poppy mallow re-establish itself in Texas said Charmaine Delmatier from the US Fish and Wildlife Servica Texas poppy mallow is a purplish-red flower that grows naturally along the terraces above the Colorado River in Mitchell Coke and Runnels counties Firms By CatMeen Ferraro Sacramento Bee In a 2002 study the research firm Gartner reported that 40 percent of small and midsized companies that experience a sudden misfortune go out of business within five years calamity But that can be dicey Insurers typically want receipts and other records to verify the loss So what if the business produce the documents because they were destroyed? insurance claim payout will probably be delayed denied or said Van Carlisle chief executive of Fire King International The Indiana manufacturer produces fire-resistant files and safes for protecting paper or electronic documents Of course some small businesses protect their vital records with offsite electronic copies updated daily tell all my customers there are only two kinds of people those who have lost data and those who are going to lose said Thom Finks owner of Sundance Computers in Auburn SACRAMENTO Calif After a huge fire last year five managers cf New Home Building Supply huddled in one of the spared buildings a concrete storage shed with three and struggled to reconstruct the business Records had gone up in flames and store leaders had to rely on their collective ntemory to recreate a customer list that dated back to 1949 was an arduous skid Rob Laurrance spokesman for the lumber yard and hardware store that also lost employee flies accounts payable and receivable documents legal contracts credit applications tax returns and the entire hardware store Like this Sacramento building supply store many small businesses protecting core documents the spinal cad of every company despite the threat of terrorist attacks ex- disasters such as tornadoes hurricanes earthquakes and fires This oversight can be a fatal mistake In a 2002 study the research firm Gartner reported that 40 percent of small ami midsized companies that experience a sudden misfortune go out cf business within five years Small and midsize' businesses often use relying on their experience rather than an outside assessment in formulating a disaster recovery plan if they have one at all according to a recent study titled Preparing Jbr Organizational Disasters by Gartner which is based in Stamford Conn The primary reason IT managers say their budgets are too small to hire an expert Instead firms expect their Insur ance policies to carry them after a Contact StandanOTmes staff writer Matt PNrmey at mphimeyVsastandanftlmesoam or 6593253 First Financial reports increase in earnings First Financial second-quarter earnings (in thousands of US dollars except per share data) ASSETS Loans: Total assets: LIABILITIES Total deposits: Shareholders' equity: Total liabilities INCOME STATEMENTS Net Income: Net incomecommon share: Cash dividendcommon share: Reporter-News Staff Report and an increased premium on $114 per common share 54 San Angelo National Bank student loans boosted the percent and 56 percent Texas National Bank in First Financial Bankshares incoma respectively Southlake Stephenville Bank Inc holding company of 10 For the three months that During this past quartet Trust Co First National Texas banks including First ended June 30 First Financial the bank also achieved a mile- Bank in Sweetwater and National Bank of Abilene Bankshares earned $92 mil- stone: It surpassed the $2 bil- Weatherford National Bank I reported Wednesday an in- lion compared to $8J million lion mark in total assets The Company's stock is crease of 82 percent in its for the same period last year In addition to the bank in -traded on the Nasdaq exearnings during the second Per-share earnings were up 5 Abilene the company also change under the symbol quarter cents to 60 cents a 91 percent owns City National Bank of FFTN In a news release the com- increase Mineral Wells First Financial It closed Wednesday at $3435 'pany noted that increases in Six-month earnings rose to Cleburne Eastland National up 30 cents from Tuesday's real estate mortgage loan fees $177 million in net income or Bank Hereford State Bank close 1 11 rrefriMHim.