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MESSENGER-INQUIRER
 Vol. 134, No. 324
OWENSBORO • WEDNESDAY, NOVEMBER 19, 2008 • www.messenger-inquirer.com
75¢
DOWNTOWN MASTER PLAN
County officials support plan
Fiscal Court will decide level of financial assistance
By James Mayse
Messenger-Inquirer
Daviess County officials said Tuesday they like an $80 million plan to renovate downtown Owensboro, and some
said the county should contribute financially to make it a reality.
But Fiscal Court members said they
will need to determine if there is broad
public suppor t for the plan and how
much of a contribution they can afford
to make.
The Gateway Planning Group presented the downtown master plan to the
community Saturday. The plan, which
includes a market square and convention center, would require $79.4 million
in public funding if built in its entirety.
“We cannot afford to go
into it as a 50-50 player
(with the city). We could
borrow $40 million, but we
couldn’t pay it back.”
— Reid Haire
worked with them.
“If we’re ever going to (redevelop)
our community, this might be the plan,”
Riney said.
Judge-Executive Reid Haire said he
supports the plan.
“Now, the challenge is to determine
the extent of the county’s participation,”
Haire said. “We cannot afford to go into
it as a 50-50 player (with the city). We
could bor row $40 million, but we
couldn’t pay it back.”
Haire said he has requested a cost
breakdown of specific items in the plan.
He also plans to meet with Owensboro
City Manager Bill Parrish and Fred
County Commissioner Mike Riney
said he has been involved with downtown initiatives for more than 20 years.
“As far as I can remember, this is the
most achievable plan I’ve seen, the most
realistic,” Riney said. “ ... This is one of
the best (plans) I’ve seen. I want to
compliment this group and those who See County/Page A6
PRESIDENTIAL TRANSITION:
JUSTICE DEPARTMENT
Owensboro mayor-elect is ready
to move on downtown proposal
By Owen Covington
Messenger-Inquirer
“We’re
going to
find a way
to do it.”
— Ron
Payne
Though Owensboro Mayor-elect Ron Payne was out of
the country last weekend, on Tuesday he echoed many of
the sentiments expressed at Saturday’s We the People
meeting for the rollout of the proposed downtown master
plan.
The implementation phase of the plan developed by the
Gateway Planning Group calls for city and county support
through likely tax increases to pay for an $80 million package of projects in downtown Owensboro including a $21 million mixed-use indoor events center.
See Owensboro/Page A6
OWENSBORO-DAVIESS COUNTY CHRISTMAS PARADE
Holder
is Obama’s
top choice
Ex-Clinton official may be
first black attorney general
By Matt Apuzzo and Lara Jakes Jordan
Associated Press
WASHINGTON — President-elect Barack
Obama’s top choice for attorney general is Eric
Holder, a former No. 2 Justice Department official
in the Clinton administration and Obama campaign
aide who would become the first black to serve as
the nation’s chief lawyer.
The Obama transition team
has gone so far as to ask senators
whether they would confirm
Holder, who reviewed Bill Clinton’s controversial pardon of fugitive Marc Rich just leaving office,
an Obama of ficial and people
close to the matter said Tuesday.
But the Obama official said the
decision has not been finalized,
and transition spokesmen said no
Barack
decision has been made.
Obama
Holder did not return messages seeking comment Tuesday.
Asked Monday by The Associated Press whether he expected to
be nominated, he responded in
an e-mail: “Who knows?”
One person involved in the
talks said the Obama team has
received some assurances that,
while the pardon would certainly
come up during hearings, the
nomination likely wouldn’t be
Eric
held up.
Holder
All spoke on condition of anonymity to describe private conversations.
Sen. Arlen Specter of Pennsylvania, the top
Republican on the Senate Judiciary Committee, said
the pardon “would be a factor to consider.”
“I wouldn’t want to articulate it among the top
items, but it’s worthwhile to look at,” Specter said.
Asked if Holder would be a good choice for attorney general, Specter said it was too soon to say.
“I know something of Holder’s work in the Clinton administration, and that’s about it,” he said. “I’d
have to take a much closer look at his record and
talk to him and think about it.”
Senate Judiciar y Committee Chairman Patrick
Leahy, D-Vt., had not been informed about Holder,
his spokeswoman said.
On the last day of Clinton’s term, Holder, then
the deputy attorney general, was asked whether
Clinton should pardon Rich, a wealthy commodities
dealer who had spent years running from tax charges. Holder said he was “neutral, leaning toward
Jenny Sevcik, Messenger-Inquirer/[email protected], 926-0123
Bob Russell, from bottom left, Billy Tyler and Tom Hall, all with Owens- employees, and the end result is a “culmination of everybody’s input.” The
boro’s street department, secure lit reindeer to the department’s Christmas float will be finished by Thursday, so employees can spend Friday preparparade float Tuesday inside a street department garage. Hall, a crew leader, ing downtown for the Saturday parade.
said ideas for the float were “tossed around” by various street department
Preparations are under way
Parade will be
on Saturday
By Beth Wilberding
Messenger-Inquirer
A timer on the OwensboroDaviess County Christmas
Parade’s Web site is counting
down — to the second — the
start of the 72nd annual Christmas Parade.
And with Saturday’s parade
quickly approaching, participants have just a few days left
to get their floats ready for the
event. This year’s theme is
“Oh Let Your Light Shine.”
“It’s kind of a guide for
everybody to use to come up
with their float designs,” Kevin
See Way/Page A2
See Holder/Page A2
Critics: Zigzagging on bailout rattles markets
The Treasur y Department’s
frequent, scattershot revisions to
WASHINGTON — Financial the $700 billion financial bailout
markets hate uncer tainty, but have badly shaken investor conthat’s what they’re getting from fidence, and experts say the conWashington.
fusion could delay the lending
By Daniel Wagner
Associated Press
revival necessary for an economic recovery.
Treasur y Secretar y Henr y
Paulson has repeatedly surprised
lawmakers and financiers with
reversals of earlier statements in
the six weeks since Congress
passed the package.
Last week, Paulson officially
abandoned the initial centerpiece
See Markets/Page A2
INDEX
Astrology/B6
Classified/C4-8
Comics/D5
Crossword/C7
Dear Abby/B6
Markets/A6
Movies/B4
Opinion/A7
Records/B2, B5
Television/D6
Printed
with
soy ink
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A6 MESSENGER-INQUIRER, Wednesday, November 19, 2008
Markets
s
l
t
From the Front Page
STOCK PRICES
Prices of stocks of local interest
and widely held stocks at the 3 p.m.
close Tuesday.
Stock name
Adv. Auto Parts .........
Aegon .......................
Aetna ........................
AK Steel....................
Alcatel Lucent...........
Alcoa ........................
Allstate .....................
Altria.........................
Amazon.com.............
Amer. Elec. Power .....
American Express .....
American General .....
Apple ........................
Ashland Oil ...............
AT&T ........................
Atmos Energy ...........
Avon .........................
Baidu ........................
Bank of America .......
BB&T Corp. ...............
BCE Inc.....................
Best Buy ...................
Big Lots ....................
Boardwalk Pipeline ...
Boeing ......................
BP-Amoco ................
Bristol Myers ............
Brown-Forman .........
Burger King ..............
Capital One ...............
Century Aluminum ....
ChevronTexaco .........
Cisco ........................
CitiGroup ..................
Coca-Cola .................
ConocoPhillips ..........
Constellation .............
Cracker Barrel ..........
CSX ..........................
Dana Corp. ...............
Deere .......................
Dell Computers .........
Dillard’s ....................
DineEquity ................
DirecTV.....................
Disney ......................
Domtar .....................
Dow Chemical ..........
Duff and Phelps ........
DuPont .....................
Eastman Kodak.........
eBay .........................
EchoStar Comm. .......
EMC Corp. ................
Ericsson Co...............
ExxonMobil ...............
Fannie Mae...............
FedEx .......................
Fifth Third Banc.. ......
Ford Motor ................
Fortune Brands .........
Freddie Mac .............
General Dynamics ....
General Electric ........
General Motors .........
Goldman Sachs ........
Goodyear ..................
Google ......................
W.R. Grace ................
Halliburton Co. ..........
Healthsouth ..............
Hewlett-Packard .......
Home Depot .............
Honeywell .................
Hon Industries ..........
Humana ....................
IBM...........................
Intel ..........................
J.C. Penney ..............
Johns. & Johns. ........
J.P. Morgan Chase ....
Close
Change
26.55
4.38
23.29
7.90
2.33
9.48
25.00
16.96
38.44
30.46
19.38
1.95
89.91
15.61
26.57
23.81
22.31
128.76
15.19
26.55
31.17
20.97
15.69
20.90
39.56
45.51
20.49
48.10
19.81
29.25
8.74
73.40
16.45
8.36
43.49
49.89
12.19
14.08
36.00
0.71
33.72
10.60
3.23
9.90
20.37
20.67
1.57
20.85
7.04
26.92
7.81
12.30
10.53
10.20
6.52
76.33
0.47
64.79
9.32
1.68
36.41
0.62
53.24
16.06
3.09
62.03
5.23
297.42
3.47
17.66
11.19
33.59
20.71
26.38
11.71
30.19
80.08
13.11
16.46
60.89
32.14
+0.74
+0.08
+0.49
-0.25
+0.08
-0.19
-0.14
+0.76
-1.25
-0.22
+0.01
+0.04
+1.77
-1.07
-0.20
-0.02
+0.30
-5.33
+0.16
-0.05
+0.66
+0.20
+0.56
-0.84
-1.62
+1.72
+0.79
+1.32
-0.40
-0.62
-0.91
+2.62
+0.24
-0.53
-0.48
+3.13
+0.88
+0.15
-1.58
-0.18
+0.98
+0.08
-0.08
-1.75
-0.07
+0.93
-0.03
+0.19
-0.18
-0.04
+0.51
+0.09
-0.38
+0.34
+0.01
+2.95
+0.02
+2.03
+0.18
-0.04
+0.93
+0.09
-0.27
-0.05
-0.09
-0.46
-0.11
-2.70
-0.43
+0.14
+0.02
+4.25
+0.71
+0.35
+0.07
+0.97
+2.60
+0.11
-0.26
+1.62
-0.63
Ventas ......................
Verizon .....................
Viacom .....................
Wachovia ..................
Walgreen ..................
Wal-Mart ..................
Waste Mgt. ...............
Wellpoint ..................
Wendy’s Int’l .............
Weyerhaeuser...........
Whirlpool Corp. .........
Williams Co ...............
Xerox ........................
Yahoo .......................
Yum Brands ..............
������������
Nov. 18, 2008
DOW JONES AVERAGES
30 Industrials +157.17
20 Transportation Cos. -10.15
15 Utilities +0.67
+151.17
���������
�����������
8,424.75
+1.22
������
���������
1,483.27
NEW YORK – Sales, closing price and net change
of the 15 most active New York Stock Exchange
issues, trading nationally.
Name
Volume
Last
Chg.
SPDR Fncl
214,275,196
11.75
– .17
Citigroup
209,500,402
8.36
– .53
Bank of Am 146,599,113
15.19 + .16
ProUltFin
143,199,783
5.93
– .12
GenlElec
133,535,664
16.06
– .05
ProUltraS&P 120,438,933
24.63 + .18
iShEMkt s
110,657,844
21.53
– .32
Wachovia
94,159,974
5.26
– .01
iShRus2K
89,794,406
45.03
– .22
ProUltShS&P 85,628,325 101.55 – 1.74
WellsFargo
79,784,313
27.20
– .63
MerrillLynch 67,947,847
11.40
– .38
JPMorgChse 66,350,024
32.14
– .63
ProUltraQQQ 64,743,390
25.32
– .23
HewlettPk
63,364,721
33.59 + 4.25
859.12
-3.79
�������
����
447.51
����������
Advanced:
Declined:
Unchanged:
Volume:
1,156
AMEX leaders
1,981
NEW YORK – Sales, closing price and net change
of the 10 most active American Stock Exchange
issues, trading nationally.
Name
Volume
Last
Chg.
SPDR
486,541,272
87.08 + 1.61
SP MidCap
12,278,479
91.00 + 1.70
SemiconHTr 12,236,320
16.45
– .30
OilSvcHT
8,278,800
85.07 + 1.97
US Oil Fd
7,826,059
44.77
– .39
MktVGoldM
6,373,807
19.56
– .10
GreyWolf
5,034,755
6.30 + .14
RetailHT
4,914,900
67.02 + .19
iShsSilver s
4,000,328
9.48 + .30
ElixirGaming
3,360,029
.05
88
6.07 b
������������
Advanced:
Declined:
SOURCE: SunGard
Juniper Networks ..... 14.66
Kimball Intl. .............. 4.81
Kimberly-Clark.......... 58.15
Kinder Morgan Energy 49.70
Kohl’s ...................... 28.13
Kroger ...................... 26.98
Figures
0.90
Level NOTE:
3 .....................
Eli Lilly
......................
after
close; 33.34
may
Loews....................... 26.18
Lowe’s ...................... 19.10
LSI ............................ 2.82
Macy’s ...................... 6.09
MainSource Finan. .... 13.83
Marathon Oil ............. 25.30
McDonald’s............... 56.51
Merck & Co .............. 26.13
Merrill Lynch............. 11.40
MetLife ..................... 20.72
Microsoft .................. 19.62
3-M .......................... 62.17
Morgan Stanley ........ 12.03
Motorola ................... 3.90
National City Corp. .... 2.10
New York Stock Exch. 22.59
Nike .......................... 46.64
O’Charley’s ............... 2.92
Office Depot ............. 1.93
Old National Bank ..... 16.25
Oracle ....................... 17.02
Panera Bread ............ 39.77
Peabody Energy ........ 24.51
Pepsico..................... 53.14
Pfizer ........................ 16.29
Pier 1 Imports ........... 0.71
PNC Bank ................. 55.45
-0.06
980
1,501
Nasdaq leaders
NEW YORK – Most active Nasdaq issues.
Name
Volume
Last
Chg.
PwShs QQQ 235,763,999
28.34
– .03
Microsoft
104,207,095
19.62 + .43
Intel
93,378,249
13.11 + .11
Cisco
66,253,532
16.45 + .24
Oracle
53,587,581
17.02 + .61
Yahoo
48,152,620
11.55 + .92
Apple Inc
41,903,821
89.91 + 1.77
AP
RschMotn
40,858,590
47.25 + 5.01
Dell Inc
26,558,861
10.60 + .08
25,352,070
9.50
– .50
+1.74 ApldMatl
Procter & Gamble ..... 64.25
Unchanged:
Volume:
-0.48
-0.74
-0.64
-0.01
+1.10
+0.91
+1.36
-0.08
+0.17
+0.44
-0.01
+0.01
+0.04
+0.92
-0.13
NYSE leaders
+8.37
�����������
����������
23.09
28.50
16.46
5.26
23.75
52.72
31.39
33.98
3.71
32.32
37.53
16.70
6.06
11.55
25.37
72
1.88 b
-0.17 figures
Prudential .................
Editors: All
as19.91
of:
+1.34 Qwest ....................... 2.86
+0.49 Radio
Shack
............. 9.19
5:47:56
PM
EST
+0.68 Regency Comm. ....... 0.139
-0.98
-0.03
-0.18
-0.071
+0.53
+0.14 Regions Financial ..... 9.59
reflect
market fluctuations
+0.25
0.00 Rent-A-Center
.......... 13.13
-0.19
+1.21match
Republicother
Bancorp AP
..... 20.92
not
content
+5.01
+0.20 Research In Motion ... 47.25
+0.07
+0.11 Rite Aid ..................... 0.39
+0.79
-0.19 RJR Nabisco ............. 44.95
+0.08
-0.92 Ruby Tuesday ........... 1.39
+0.21
0.00 Sara Lee ................... 9.43
-3.63
+0.47 Sears Holdings ......... 30.19
+1.18
+0.90 Sherwin Williams ...... 54.47
0.00
+0.14 Shoe Carnival ........... 9.93
-0.03
-0.38 Sirius ........................ 0.20
-0.02
-1.51 Sonic ........................ 7.82
-0.48
+0.43 Southern Co.............. 35.00
-0.03
+1.37 Sprint Nextel ............. 2.15
+0.46
+0.81 Staples ..................... 16.94
-0.26
-0.08 Starbucks ................. 8.38
-0.04
-0.10 Steak ’n Shake ......... 3.43
+0.10
-0.53 Sun Microsystems. ... 3.71
+0.33 Target Corp ............... 30.06
-1.46
+0.04 Texas Roadhouse ...... 5.46
-0.19
+0.09 Time Warner ............. 8.40
-0.28
+0.04 Toyota Motor Corp. ... 63.25
+0.39
+0.61 Tyco ......................... 19.09
-0.04
+1.19 Tyson Foods ............. 5.01
+0.21
-1.63 UniFirst ..................... 26.47
+0.28
+0.17 Unilever .................... 23.46
+0.83
+0.37 UPS .......................... 54.31
+1.03
-0.16 U.S. Bancorp............. 25.73
-0.07
-3.74 U.S. Steel.................. 29.10
+0.46
MARKET BRIEF 111808: Chart shows
daily market figures for Dow, S&P,
Russell 2000 and Nasdaq, along with
NYSE and Nasdaq diary; stand-alone;
1c x 4 1/2 inches; 47mm x 114 mm;
staff
Gold prices
Selected world gold prices Tuesday:
London morning fixing: $736.50 up $2.50.
London afternoon fixing: $738.00 up $4.00.
NY Handy & Harman: $738.00 up $4.00.
NY Handy & Harman fabricated: $797.04 up
$4.32.
NY Engelhard: $739.90 up $4.00.
NY Engelhard fabricated: $795.40 up $4.31.
NY Merc. gold Nov Tue. $732.60 off $9.30.
NY HSBC Bank USA 4 p.m. Tue. $736.00 off
$4.00.
Silver prices
NEW YORK — Handy & Harman silver Tuesday
$9.740 up $0.230.
H&H fabricated $11.688 up $0.276.
The morning bullion price for silver in London
$9.380 off $0.120.
Engelhard $9.560 up $0.150.
Engelhard fabricated $11.472 up $0.180.
NY Merc silver spot month Tuesday $9.550 up
$0.220.
Nonferrous metals
NEW YORK — Spot nonferrous metal prices
Tuesday:
Aluminum -$0.8710 per lb., N.Y. Merc spot Tue.
Copper -$1.7070 Cathode full plate, U.S. destinations.
Copper $1.6550 N.Y. Merc spot Tue.
Lead - $1278.00 metric ton, London Metal Exch.
Zinc - $0.5404 per lb., delivered.
Gold - $738.00 Handy & Harman (only daily
quote).
Gold - $732.60 troy oz., NY Merc spot Tue.
Silver - $9.740 Handy & Harman (only daily
quote).
Silver - $9.550 troy oz., N.Y. Merc spot Tue.
Mercury - $650.00 per 76 lb. flask, N.Y.
Platinum -$820.00 troy oz., N.Y. (contract).
Platinum -$837.00 troy oz., N.Y. Merc spot Tue.
Oil prices fall again as demand for fuel withers
By Mark Williams
Associated Press
NEW YORK — Oil prices
continued to fall Tuesday as a
government report showed that
gasoline prices in October
plunged further than they ever
have and home heating oil, natural gas and liquefied petroleum
gas fell substantially.
Light, sweet crude for December delivery fell 56 cents to settle
at $54.39 a barrel on the New
York Mercantile Exchange.
But there were signs that
plummeting gas prices have
begun to bring American motorists back to the pump.
MasterCard SpendingPulse
repor ted T uesday that even
though consumption of gas for
the weekend ended Friday was
down 2.8 percent from a year
ago, it was the smallest yearover-year decline in more than
two months. Americans used
about 100,000 more barrels per
day of gas for the week than they
did the previous week.
The Labor Department reported Tuesday that wholesale energy
prices dropped by 12.8 percent in
October, the biggest one-month
fall since 1986. All types of fuel
declined, with gasoline falling by
a record 24.9 percent, surpassing
the old mark set in 1986.
Home heating oil prices fell
9.6 percent, natural gas intended
for home uses fell by 5.9 percent,
and liquefied petroleum gas
dropped by 27.6 percent, the biggest decline in more than three
decades.
Analysts noted that this is the
time of year when energy prices
bottom out. “The first cold blast is
a reminder that even if the economy is slow, we still have to heat
our house,” said Phil Flynn, an
analyst at Alaron Trading Corp.
Energy investors trade in
technical ranges, however, and
Flynn said if crude prices do fall
below $50, oil could be in for
another round of selling that
could drop the price to $40 per
barrel.
�����������
�����������������������������������������
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��������������������������
������������������������������
“We’re going to have to invest
in ourselves, and we’re going to
have to invest in the future generation,” Payne told members of the
Daviess County Rotary Club. “I’m
confident we’re going to do it.
We’re going to find a way to do it.”
The refined plan is expected
to be completed by the end of
the year, and its more than 200
pages will fall to the new
Owensboro City Commission
taking office the first of the year
for action.
Payne will be one of three new
members on the five-person panel,
and he said Tuesday that he will
be looking to adopt the plan and
approve a recommended financing
plan for the plan within several
months of taking office.
“I would hope shor tly after
we take office, within months,
that we can finalize implementation of this first component,”
Payne said.
The plan presented Saturday
is the result of months of public
meetings and a week of design
workshops in September to
establish what elements the
community wants in its downtown and potential ways to
finance their construction.
Along with the indoor events
center, the package of projects
includes $15 million to complete
Smothers Park on the riverfront,
$5 million for a new “market
square plaza” and $13 million for
downtown street improvements.
The entire package carries an
estimated cost of $79.4 million,
which the staf f with Gateway
Planning Group has said could be
funded by increases in the occupational or insurance premium tax
rates in the city or county.
Owensboro City Manager Bill
Parrish said the next step for the
city will be to adopt the downtown master plan early next year.
That will be followed by financing recommendations for the
commission members to consider, he said.
“I think we can adopt the plan
and say this is the direction we
want to go and then figure out
the financing,” Parrish said.
Charlie Castlen, who will
return to the commission for a
fifth term next year after a twoyear break from the board, said
Tuesday that he is still working
through the details of the downtown master plan but is hesitant
about raising taxes at a time
when the economy is struggling.
“My initial reaction is that
now is not the time to be raising
taxes,” Castlen said. “We’re in
the middle of an economic slowdown. I personally think things
are going to get worse before
they get better.”
John Kazlauskas was elected
Nov. 4 to the commission for the
first time, and he said Tuesday
he is excited about the plans that
have been laid out.
But when asked about whether he would support increasing
tax rates to pay for the package
of projects, Kazlauskas said he
still has some questions that
need to be answered regarding
private sector involvement.
“I’m not ready to go there
yet,” Kazlauskas said. “I think
the biggest thing right now is
how is this going to be financed
and how is the business sector
going to come in.”
The presentation of the downtown master plan has Payne
rethinking some priorities that
he named during his successful
campaign for mayor this year.
Payne said Tuesday that it is
no longer a top priority for the
city and county governments to
acquire the closed Executive Inn
Rivermont proper ty along the
riverfront.
The downtown planning
showing the proposed location
of the new indoor events center
on the site currently occupied by
the state office building makes
the hotel property less crucial to
downtown plans, Payne said.
“The idea of utilizing the state
office building (property) I think
is a great thing for us to do,”
Payne said.
Payne also said the countywide
referendum to identify top projects
and gauge public support for funding them is still a priority but is
secondar y to making sure this
first phase of the downtown master plan comes to pass.
In order to get a sense of public
support, Payne wants public meetings on whatever financing plan
city and county leaders come up
with to pay for the projects.
“I do want to hear what the
community has to say about
this,” Payne said. “I sense that
there is a significant amount of
support in our community.”
Owen Covington, 691-7334,
[email protected]
County: Fiscal Court will study proposal
From the Front Page
Reeves, the city’s downtown
development director, to discuss
parts of the plan, such as acquiring the state office building at
Second and Frederica streets.
The county, however, will not
take action until the new City
Commission takes office in January, Haire said.
“After Jan. 1, there will be a
new administration, and they
might come in with different priorities,” Haire said.
County Commissioner Jim
Lambert said: “I think we’ll look
to the city to state their position,
what their intentions are and
how they are going to proceed.”
The county will need to take
its direction from the City Commission, Lambert said.
“I think (the new commission
needs) to come to their position
and declare their intentions, and
I’m sure they will,” Lamber t
said. “I have no reason to believe
they won’t. It’s sor t of their
home game. ... I don’t think we
need to jump out and tell the city
what to do, or take the lead.
“It’s a good plan. ... I think
ever ybody agrees it’s a doable
plan,” Lambert said. “But it will
take some commitment.”
County Commissioner Bruce
Kunze said he was involved in
the public process that resulted
in the master plan and supports
the proposal.
“I think we’ll see a lot of private dollars flowing to downtown
once we start on the public projects,” Kunze said.
But Kunze said officials will
have to study the project in
order to get a concrete cost.
“We’re going to have to look
at the total amount,” Kunze said.
The cost of the individual
components of the project could
be adjusted, which might bring
down the total cost, Kunze said.
“The first decision we have to
make is ... are we prepared to do
the whole package?” Kunze said.
“The answer should be ‘yes.’
This is not about making downtown look pretty ... this is really
about the future of Owensboro
and creating a downtown” that is
attractive for residential living
and activities, he said.
Riney said public meetings
should be held to gauge community interest and approval of the
plan. “We just have to figure out
how we can get the total community support to do this,” Riney
said. “Eighty million dollars is a
lot of money.”
The Gateway Planning Group
did not make a recommendation
as to how the city and county
should pay for the plan. But Gateway officials did include information about how much could be
raised if the city and county raise
their occupational taxes and insurance premium taxes.
If county officials consider a
tax increase, meetings should be
held throughout the county to
explain the decision and receive
comments, both Haire and
Kunze said.
“I want the people who live in
the county to understand what
the plan is,” Kunze said. “I think
it’s also going to be very important to get their input on the tax
options.”
James Mayse, 691-7303,
[email protected]
Job-hunting man dons suit, tie, sandwich board
By David B. Caruso
Associated Press
NEW YORK — After nine
fruitless months of looking for
work, Paul Nawrocki turned to a
Depression-era tactic to find a job.
Over the past few days, the
59-year-old businessman has
been walking the sidewalks of
midtown Manhattan wearing a
suit, a tie and a large signs that
reads, “Almost homeless.”
“My unemployment benefits
are going to run out in less than
a month. I was getting a little
panicked, and I didn’t know what
to do,” said Nawrocki, who was
laid off from his job at a toy company last February.
“Finally I said, ‘I’m going to
put out a sandwich board and try
to sell myself in the city,’ ” he
said. “I had to do something dramatic, because I was getting
really discouraged sending my
résumé out ever y day and not
getting anywhere.”
The sight of a middle-class
businessman down on his luck
seems to have struck a chord
with some New Yorkers.
Nawrocki said he’s already
landed inter views with recruiters who saw him passing out his
résumé on the street.
A business news blogger posted an item about him, which led to
more coverage on BusinessWeek.
com and an inter view with the
BBC. He’s gotten encouragement
from regular New Yorkers too.
“People here can be ver y
warm here when they see that
someone is genuinely vulnerable,” Nawrocki said.
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TILL THE WORK IS COMPLETE AND
YOUR SATISFIED.
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LIVESTOCK/GRAIN
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Owensboro: New commission is coming
Area Grain Prices
Area grain prices quoted by Grain Market
News, Department of Agriculture, Louisville, at
the close of Tuesday’s markets:
LOUISVILLE
No. 2 yellow corn, $3.54; No. 1 yellow soybeans, $8.89; Wheat, $4.15.
OHIO VALLEY
No. 2 yellow corn, $3.20; White corn, $4.05;
No. 1 yellow soybeans, $8.97; Wheat, $4.30;
Sorghum, $3.00.
PENNYRILE
No. 2 yellow corn, $3.62-$3.70; White corn,
$3.95; No. 1 yellow soybeans, $8.47-$8.67;
Wheat, $4.10-$4.29.
Chicago Board of Trade
CHICAGO – Futures trading Tuesday on the
Chicago Board of Trade:
Open High Low Settle Chg.
WHEAT
5,000 bu minimum; cents per bushel
Dec 5341⁄2 5481⁄2 5263⁄4 5293⁄4 –4
5491⁄2 –41⁄2
Mar 5543⁄4 5681⁄2 547
May 5681⁄2 582
562
564 –41⁄4
Jul 581
596
5771⁄4 5771⁄2 –5
Sep 6041⁄2 6181⁄2 5973⁄4 5993⁄4 –51⁄2
Dec 626
6391⁄2 618
621 –61⁄2
Mar 642
645
6351⁄2 6351⁄2 –7
632 –9
Jul 6461⁄2 6491⁄4 631
657 –101⁄2
Dec 661
6741⁄4 657
1⁄
1⁄
Jul 661 2 –9 2
Est. sales 82,276. Mon.’s sales 77,240
Mon.’s open int 304,894, up 2,144
CORN
5,000 bu minimum; cents per bushel
Dec 381
3863⁄4 3781⁄2 380 –53⁄4
Mar 398
4031⁄2 395
3961⁄2 –61⁄2
May 4093⁄4 415
407
4073⁄4 –7
1⁄
418
419 –7
Jul 421 4 426
4291⁄2 4291⁄2 –61⁄2
Sep 4311⁄2 436
Dec 445
450
4423⁄4 4431⁄2 –6
458
458 –51⁄2
Mar 4601⁄2 464
May 467
–5
Jul 471
4733⁄4 4693⁄4 4693⁄4 –53⁄4
Dec 4431⁄2 447
4421⁄2 4421⁄2 –31⁄2
Jul 460
–1
Dec 459
459
4531⁄2 4531⁄2 –51⁄2
Est. sales 175,073. Mon.’s sales 196,666
Mon.’s open int 990,092
OATS
5,000 bu minimum; cents per bushel
Dec 215
218
213
2151⁄2
Mar 2311⁄2 233
229
231
May 242
Jul 253
253
2521⁄2 2521⁄2
Sep 2631⁄2
Dec 282
282
2801⁄2 2801⁄2
Mar 2921⁄2
May 3021⁄2
Jul 3111⁄2
Sep 3211⁄2
Dec 3361⁄2
Jul 3591⁄2
Sep 3701⁄2
Est. sales 1,605. Mon.’s sales 1,435
Mon.’s open int 14,830, up 73
SOYBEANS
5,000 bu minimum; cents per bushel
8921⁄2 902 –41⁄2
Jan 8981⁄2 913
Mar 9071⁄4 9221⁄2 902
9101⁄4 –51⁄4
May 917
9333⁄4 913
9203⁄4 –51⁄2
3
Jul 930 ⁄4 942
923
9293⁄4 –51⁄4
Aug 9351⁄4 9351⁄4 9321⁄2 9321⁄2 –5
Sep 930
–41⁄2
Nov 9251⁄4 940
9181⁄2 926 –51⁄2
Jan 933
–5
Mar 937
–6
May 940
–6
Jul 942
–5
Aug 942
–5
Sep 942
–5
931 –51⁄2
Nov 930
9423⁄4 930
Jan 936
–51⁄2
Mar 941
–51⁄2
Jul 941
–51⁄2
Nov 9581⁄2 960
941
941 –51⁄2
Est. sales 106,307. Mon.’s sales 100,404
Mon.’s open int 311,844, up 1,358
SOYBEAN OIL
60,000 lbs.; cents per lb.
Dec 32.08 32.51 31.75 32.28 –.04
Jan 32.48 32.85 32.13 32.66 –.04
Mar 32.88 33.28 32.57 33.09 –.04
May 33.29 33.63 33.00 33.51 –.04
Jul 33.81 33.93 33.34 33.86 –.01
Aug 33.90 34.05 33.56 34.05
Sep 34.27 34.27 33.85 34.24
Oct 34.39 34.39 34.00 34.39
Dec 34.40 34.79 34.08 34.64
Jan 34.85 +.01
Mar 35.00 35.06 35.00 35.06 +.02
May 35.28 +.04
Jul 35.50 35.50 35.50 35.50 +.06
Aug 35.65 +.06
Sep 35.80 +.06
Oct 35.95 +.06
Dec 36.19 +.05
Jan 36.19 +.05
Mar 36.19 +.05
Jul 36.19 +.05
Oct 36.19 +.05
Est. sales 58,721. Mon.’s sales 53,784
Mon.’s open int 258,229
SOYBEAN MEAL
100 tons; dollars per ton
Dec 267.70 271.70 266.90 267.40 –3.90
Jan 269.40 273.60 268.60 269.20 –3.60
Mar 272.20 276.70 271.50 272.00 –3.60
May 274.70 279.90 274.50 274.50 –3.90
Jul 279.70 282.50 277.40 277.40 –4.00
Aug 282.00 283.60 278.90 278.90 –4.00
Sep 281.60 283.00 278.40 278.40 –3.90
Oct 276.00 –3.30
Dec 277.80 282.40 276.90 277.00 –3.30
Jan 277.00 –3.30
Mar 276.00 –3.30
May 276.00 –3.30
Jul 276.00 –3.30
Aug 276.00 –3.30
Sep 276.00 –3.30
Oct 276.00 –3.30
Dec 276.00 –3.30
Jan 276.00 –3.30
Mar 276.00 –3.30
Jul 276.00 –3.30
Oct 276.00 –3.30
Est. sales 39,826. Mon.’s sales 36,478
Mon.’s open int 138,351, up 751
Chicago Mercantile Exchange
CHICAGO – Futures trading Tuesday on the
Chicago Mercantile Exchange:
Open High Low Settle Chg.
CATTLE
40,000 lbs.; cents per lb.
Dec 87.07 88.90 86.80 87.15 –1.15
Feb 87.60 89.57 87.30 87.60 –1.42
Apr 88.95 90.85 88.77 89.07 –1.30
Jun 85.82 87.50 85.50 85.95 –.95
Aug 86.12 87.82 85.95 86.30 –.92
Oct 89.25 90.50 89.10 89.10 –1.22
Dec 91.30 91.60 90.10 90.10 –1.30
Feb 93.00 93.00 92.00 92.00 –1.00
Apr 94.00
Est. sales 2,265. Mon.’s sales 43,125
Mon.’s open int 215,624
FEEDER CATTLE
50,000 lbs.; cents per lb.
Nov 95.92 96.87 95.67 95.75 –.27
Jan 91.45 94.60 91.10 91.25 –2.65
Mar 91.70 95.00 91.30 92.10 –2.20
Apr 95.10 95.40 92.25 92.25 –2.25
May 92.50 95.80 92.50 92.80 –2.55
Aug 95.42 98.30 95.42 95.55 –2.20
Sep 98.30 100.00 97.90 97.90 –1.10
Oct 97.60 97.70 96.70 96.70 –1.30
Est. sales 238. Mon.’s sales 3,753
Mon.’s open int 19,768, up 623
HOGS, LEAN
40,000 lbs.; cents per lb.
Dec 55.35 55.75 55.05 55.45 +.15
Feb 61.90 62.45 61.77 62.20 +.15
Apr 69.50 69.92 69.32 69.52 –.38
May 77.07 77.30 76.85 77.07 –.10
Jun 79.45 79.65 79.15 79.35 –.30
Jul 78.75 78.92 78.25 78.80 +.10
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