Red Bluff Daily News

November 13, 2010

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8A – Daily News – Saturday, November 13, 2010 MON.-FRI. 9:00-5:30 • SAT. 9:00 -5:00 • CLOSED SUNDAYS FURNITURE DEPOT MATTRESS NORTH VALLEY facts & FICTIONS Book Store STORE CLOSING SALE After 28 Years In Business Look at what’s available for the Holidays RED BLUFF Kevin Smith and Phillip Smith 570 South Main St.., Red Bluff CA 96080 • 527-6640 Mon.-Fri. 9:00am to 7:00pm, Sat. 9:00am to 6:00pm, Sun. 11:00am to 4:00pm EVERYTHING M-F 11-4, SAT. 10-2 409 Walnut St. 527-1449 THANK YOU to the Bikers of Nor-Cal!! 20% OFF NEW YORK (AP) — The stock market recorded its biggest weekly drop in three months as a feeling of malaise took over after the U.S. failed to rally world leaders to come up with plans to strengthen global growth. ‘‘The G-20 wasn’t much of a success for the U.S.,’’ said Kim Caughey Forrest, equity research analyst at Fort Pitt Capital Group. ‘‘There’s a sense that nobody really has the ideas on how to get us out of here.’’ On Friday, stocks and commodities took another nosedive on worries that China might put the brakes on its surging economy. Any cooling of China’s 22755 Antelope Blvd. Red Bluff, CA 96080 (530) 527-9166 Open Mon. thru Sat. 10am – 6pm November is get your room on! Come check out our new addition! Variety of • Ballasts • Reflectors • Bulbs Wide LASSEN STEAK HOUSE Full Bar • 9 Beers On Tap Big Screen TVs • Pool Room ANGUS STEAK Call 530 839-2838 Corner of Hwy 99E & Vina Come join us for the 2010 Downtown Red Bluff President Larry Mikkelsen and members Jim Smith, Jerry Smith, David “Cooky” Oliver, Darren McDonald, and Rick Kincannon collected turkeys & hundreds of can goods for the Salvation Army Food Bank. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Now, we need to collect Turkeys/Hams, Stuffing, and Cranberry sauce as our “Thanksgiving Give Out Days” are 11/18, 11/22, and 11/23/10. Thank you for your support!! Contributions may be sent to: The Salvation Army, P.O. Box 935, Red Bluff, CA. 96080 www.redbluffsalarmy.org “I’ll Be Home For Christmas” Christmas Parade Saturday, November 27, 2010 5:30 p.m. Theme: • Vehicle Entries - Vehicle entries must be of 1985 vintage or older. Vehicles must be Christmas decorated • $100 - First Place Float • $50 - Second Place Float 1st & 2nd place plaques for all categories Parade Information WHEN: Saturday, November 27, 5:30 p.m. WHERE: Assembly: Madison Street (Between Oak & Walnut Street) CHECK-IN: N.E. Corner of Library on Madison Street TIME: Check-in is at 4:30 p.m. Parade starts promptly (rain or shine) at 5:30 p.m. ENTRY FEE: $10 CATEGORIES: • Marching Units • Individual Equestrian • Group Equestrian • Floats • Bands • Vehicle Units Note: BLACK Worst week in three months Wall Street ending Aug. 13. The Standard & Poor’s economy would slow down demand for raw materials, and that sent prices of oil, metals and grains tumbling. The Dow Jones industri- al average fell 90.52, or 0.80 to 11,192.58, led by sharp losses in energy and materials stocks. Construc- tion giant Caterpillar Inc., which has huge operations in China, fell 1.40 percent to $81.04 and oil company ExxonMobil Corp. fell 0.84 percent to $70.99. For the week, the Dow was off 2.2 percent, its sev- enth-largest weekly drop this year and its biggest weekly fall since the week 500 index fell 14.43, or 1.2 percent, to 1,199.21, while the Nasdaq composite index fell 37.31, or 1.5 per- cent, to 2,518.21. The Chinese govern- ment said that the pace of inflation hit a more than two-year high in October. The markets took that as a signal that the China would hike rates to tamp down inflation. It led to a sell off in global markets, from China to the U.S. The Shanghai composite index plummeted 5.2 percent, while Hong Kong’s Hang Seng fell 1.9 percent. Gold fell $37.80, or 2.7 percent, to $1,365.50 an ounce. Crude oil fell $2.93, or 3.3 percent, to $84.88 a barrel, while soybeans plummeted 70 cents, or 5.2 percent, to $12.69 a bushel. China’s robust economy has helped offset sluggish- ness in developed markets like the U.S. and Europe. Many companies, like Caterpillar and McDon- ald’s Corp. have credited international sales, particu- larly in China, as a reason earnings have been strong. Bond prices fell, sending interest rates higher. The yield on the benchmark 10- year Treasury note, which moves opposite its price, rose to 2.78 percent from 2.65 percent the previous day. Intel Corp. was among the few gainers Friday, ris- ing 1.51 percent to $21.53 after the chip maker said it will raise its dividend 15 percent. Falling shares outnum- bered gaining ones five to one on the New York Stock Exchange, where consoli- dated volume came to 4.2 billion shares. • Animal Drawn Vehicles ENTRY DEADLINE: Friday, November 19, 2010 ENTRY FORMS AVAILABLE AT CHAMBER OFFICE, 100 MAIN STREET. All entries must be turned in at the Chamber office at 100 Main Street or mailed to PO Box 850, Red Bluff, CA 96080 no later than Friday, November 19. Any entry turned in after November will not be judged!! by The Downtown Red Bluff Business Association For further information call (530) 527-6220 Sponsored and coordinated Barber Shop $ Cheers 600 Open 6 days 570-2304 259 S. Main St. Tractor Supply Center Senior Cuts MON.-THURS. 9:00-6:00 • FRI. 9:00-7:00 • SAT. 9:00-5:00 • SUN. 11:00-5:00 235 So. Main St., Red Bluff 527-1657 632 Main St., Red Bluff 527-5837 The most highly recommended bed in America: NOW OPEN oh yeah

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