Written by Hillsboro Free Press Tuesday, 29 May 2012 15:14MB Foundation is reporting that its assets grew by 6.7 percent, with a year-end balance of just over $126 million, despite several forces that should have resulted in a declining asset base in 2011.
First, the market was basically flat in 2011, according to Jon Wiebe, president and chief executive officer of the Hillsboro-based charitable organization.
The standard asset allocation used for the majority of MBF investment pools returned a meager 1.44 percent.
“This was slightly higher...
Written by Patty Decker Tuesday, 29 May 2012 15:13An anonymous person recently bought hundreds of dollars worth of books at Thee Bookstore and donated them to Hillsboro Public Library.
Brenda Hamm, owner of Thee Bookstore, said the person told her she appreciated the book store and wanted to do something to help before it closed permanently.
“The idea was that the donor knew it would be a benefit to us and to the library,” Hamm said.
For Cathy Fish, library director, the monetary gift equates to about 20 new books in the Christian-based, inspirational fiction section of the library.
“I was overwhelmed by the donor’s generosity,” Fish said.
Prior to ordering the books from Thee Bookstore, the donor approached Fish and asked her if she had any books on her library “wish...
Written by Don Ratzlaff Tuesday, 22 May 2012 15:32The Hillsboro City Council decided at its May 15 meeting to solicit bids for razing the red-brick building at 128 S. Main in case the city judge rules the structure poses a danger to the public.
City Administrator Larry Paine said a hearing was held April 23 to determine whether the owner of the building should be ordered to repair or remove the structure.
The owner was present at the hearing and asked the judge to delay his decision one month so he could determine whether the city’s estimate of the cost of improvements was excessive.
The owner also asked that he be given the opportunity to make improvements to the building that would remove the conditions that spurred the complaint.
Paine said the property owner asked during the...
Written by John Schlageck Tuesday, 22 May 2012 15:31As Congress writes the upcoming farm bill, Kansas farmers and their contemporaries across our country will tell you that maintaining an efficient, effective and affordable crop insurance system is their number one priority.
You’ll hear the same story throughout the Midwest and much of the country where agricultural producers believe federal crop insurance provides them with an effective risk management tool – especially when they are facing losses beyond their control.
Federal crop insurance also reduces taxpayer risk, makes hedging possible to help relieve market volatility and it provides lenders with greater certainty that loans made to producers will be repaid.
Farmer/stockman like Keith Miller, Barton County, recently...
Written by John Schlageck Tuesday, 15 May 2012 15:00Looking at Kansas wheat across the state during the first few days of May, members of the Wheat Quality Council labeled the crop in “pretty good shape.”
While the wheat in the western third to half of the state needs a drink, the 100 participants of the 55th annual tour agreed the crop is two to three weeks ahead of schedule and combines will begin rolling into the fields in May, which is unheard of.
After three days on the road, 63 participants of the WQC tour estimated the 2012 wheat crop to yield 403.8 million bushels. This figures out to be roughly 45 bushels per acre on the 9.5 million acres planted in Kansas.
The tour began April 30 in Manhattan and traveled west to Colby on the first day. Twenty-two vehicles following six...
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