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Show I Pace 20 - UINTAH BASIN STANDARD. August 15. 2ftX) weather for week ending Aug. the five-yeaverage by 10 points. Irrigation water supplies were 30 percent very short, 37 percent short and 33 percent adequate. Stock water supplies were 13 percent very short, 37 percent short, 50 percent adequate. Topsoil moisture was 34 percent very short, 39 percent short and 27 percent adequate. Subsoil moisture was 34 percent very short, 36 percent short, and 30 percent adequate. Range and pastures were 13 percent very poor, 39 percent poor, 33 percent fair, and 15 percent good. Crop i ,VTfy,f s.,1- ; ; .- - , 6 Major farm and ranch activities condition was 1 percent very poor, 19 included harvesting wheat, barky. percent poor, 40 percent fair, and 40 oats, and hay, according to the Utah percent good. Oats harvested for grain Agricultur Statistics Service. AI- - were 25 percent, 17 percent 1999, 18 falfa 2nd cutting almost done; some percent avg. Oats harvested for hay or starting 3 cutting. Finishing up silage were 82 percent compared with harvesting tart cherries and begin- 80 percent in 1999 and 75 percent for five-yening to pick peaches. Onion crop suf- the average. Corn height waa 73 inches, 4 fering heat stress as weather continues to be very hot and dry. Due to inches taller than 1999, and 9 inches water shortage, irrigation for crops is ahead of the five- limited. Many fanners are out of year average. Corn teaseled (silked) and some ranchers are was 58 percent, ahead of 1999 by 2 puonwi water to livestock in the percentage points, and hauling mountains. Hay yields may be down the five-yeaverage by 14. Corn in due to lack ofwater. Many fires burn- dough stage waa 4 percent Alfalfa ing rangelands due to extreme heat hay second cutting waa 89 percent complete, 11 percentage and lack of rain. Winter wheat was 70 percent har- points ahead of 1999. Alfalfa hay vested, ahead of 1999 by 18 percent- - third cutting was 17 percent ahead average by 13 points. age points. Winter wheat condition ofthe five-ye91 percent as com-parwas Other cut was 29 percent poor,-4hay fair, percent and 28 percent good. Spring wheat harvested waa 42 percent, ahead of with 83 percent in 1999, and 78 1999 by 1 point with 35 percent for percent average. five-yeTart cherries were 86 percent haraverage. Spring wheat condition was 3 percent very poor, 17 vested, 5 points ahead of 1999 and average by 4 percent poor, 4 1 percent fair, and 39 ahead of die five-yepercent good. Barley was 66 percent percentage points. Peaches picked harvested, ahead of 1999 by 21 points were 19 percent ahead of 1999 by 13 .Barky points and 4' ,? Permits still available for Buck deer hunt ar Archers who haven't bought a permit still have a chance to participate in Utahs 2000 general archery buck deer hunt, which opens Aug. 19. As of Aug. 11, resident permits for the Northern and Northeastern re- ' ms remained available. Nonresi-n- t permits for the Northern, Central and Northeastern regions also remained available. To purchase a permit before Aug. 19, archers must visit Division of Wildlife Resources offices in Ogden, Salt Lake City, Springvilk, Vernal, Price or Cedar City. To prevent buck deer permits from overselling this year, they aren't available from license agents. ar ed ' TAKING FORM-- A wall takes shape at the Uintah Basin Telephone Association building, which is being built in Roosevelt at the old Teuco Station location. ';V" ' - ar Financial Focus How will capital gains distributions affect you Vi-, -' i' L - ' Aj a mutual fund investorwith a ' in mind: perspective, you might not pay much attention to your funds activities. And its a good idea to overlook daily price fluctua- tions especially wheayour invest- ment horizon is 10.20 or more years in the future. Nonetheless, there's one aspect of yourmutual hmds that warrants your regular attention capital gains distributions.. .. . Like most mutual fund owners, you may automatically reinvest dividends and capital gains distributions to buy more shares. When a fund, makes these distributions, the net asset value (NAV) the share price declines. Does this mean you're losing money? No. If you reinvest your distribution, there will be no cumulative effect on your account value. Your fund'sNAV may be lower, but you will own more shares. Suppose you own 100 shares of Fund XYZ, which has an NAV of $20, giving you $2,000 worth of shares. Now, it s Distribution Day, and Fund XYZ distributes $00 per share. Your funds NAV will have dropped to 119.80, barring change in value caused by market fiuctuatidna. You will receive a $20 distribution (100 shares multiplied by $0.20 per share). When you reinvest this $20 at the new, lower NAV of $19.80, you will receive 1.01 new shares ($20 distribution dividend by $19.80 NAV). Younowown 101.01shares,at$19A0 a share, for a total of $2,000 the same amount you had before the distribution. And now you own more shares, so youll come out ahead if your hind's NAV rises. Keep in mind that you will owe capital gains taxes on these distribu- long-ter- Delays can be costly. For if you wait to purchase ad-example, dition&l shares of a fund because you want to avoid a 2 percent capital gain, m day-to-d- i - andthefundgoesuplOpercentinthe meantime, you will have lost an op portunity for growth. In the final anahrsia,c . gains distributions are less important to your mutual fund strategy than other key factors, such as suitable and diversification. But don't just ignore distributions theyre worth looking at EMCEES Continued from page 13 Asurvivor ofcancer herself, Jamie serves asaspokesperaon forthe h Foundation ofAmerica and is a delegate to the National March for Cancer in Washington, DC. Because of her success in overcoming cancer. 'Jamie h been sought as a guest speaker for over 200 events in twelve ILS. states where audiences ranged from 5 - 2000 people, including me- -' dia features of videos and television specials for cancer awareness. Jamie will represent Utah in the MissAmericaPageantinOctober.Her ' service platform specifically focuses on Pediatric Cancer Awareness. Her personality is as lovely and soothing as thee lassies! piano solos she performs. 01 vV Make-a-Wi&- w it f&i ILIL o o o ii . BIKER Continued from page 13 borne the second weekof makes its distribution before you you capital gains, even have held the additic the short time; in essence, youre , being taxed for gains that you didnt really earn, However, if taxes are not a nugor consideration, or if you are investing for your qualified retirement account from which income is not taxed s until you make then you may welcome your mutual fund distributions, because they amount to more shares. Ifyoure going to sell mutual fund shares, it may make sense to do so before your fund makes its distributions, although your own tax situation will again be a consideration. When you "time the purchase of mutual fund shares with capital gains distributions, keep one mm factor f national research program. If you would like to contribute to the fight against canceryoumaydo so by sending your donation to Unde Sonny's American Cancer Society. 6725 Lyons Street, P.O. Box 7,East Syracuse, New York 13057. Checks should be made payable to the . American Cancer Society. Candy Paper Products Soups Soap Coffee Jerky Pop Laundry Soap Bird food Cleaning Supplies Toothpaste Crackers frozen foods Chill Macaroni & Cheese ' Cereal Vegetables Ketchup Shampoo Spices Shaving Cream Dog food Pictures flour Sugar Trash Cans Diapers Toilet Paper Medicine Wedding Items Make-u- p . . Picture frames Napkins Brooms Mops Cookies Hair Colorin Peanuts Beans Juices Chips Salad Dressing Noodles Rice Plastic Bags Salsa Trash Pinatas with-drawl- 1 Uintah Basin STANDARD) CLASSIFIED .vADSlX caiCTdatw'i I Wants to . -8- 00-427r8679? or 722-S- I or ceries 16th! Jello Water Cake Mixes Popcorn Socks Stove Top Stuffing Tomato Sauce Mayonnaise Syrup Christmas Wrap Holiday Items ' Plus Much, Much more, Bags I " AIR CONDITIONING REPAIR JIFFY GROCERY OUTLET Don't lose your cool over a malfunctioning air conditioning unit call us instead! - 630 West Main. 789-43ROOSEVELT - 869 East Hwj 40, 728-04VERNAL AIR CONDITIONING HEATING SPECIALISTS SalesServiceInstallation Financing Available Window & Central Units For immediate service, call: Reinhardt Refrigeration . Sine 1904 94 04 Wa Accept.. S-jlO-TO; 'Kami r vx i 0 |