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Swimming: Save on Infant and Child Survival Swimming Lessons
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Most adult fitness classes are not recommended for children under age 14. However, there are classes like Zumba-for-kids and Jazzercise Junior that are geared for children as young as 6.
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In addition to the already announced Fujitsu-Toshiba Arrows Z, HTC Evo 3D and Motorola Photon, Japanese carrier KDDI has now also confirmed a trio of new handsets. There's plenty of similarities; they're all Android, all waterproof and are each packing an eight megapixel camera. Kyocera's Digno i
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Santiam Indians. A Kalapooian tribe formerly residing on the river of the same name, an east tributary of the Willamette, in Oregon. They are now on Grande Ronde Reservation, where they numbered 23 in 1906. In 1909 the number officially reported was only 5, the remainder evidently having received patents for their lands and became citizens. In 1877 Gatschet was able to learn of 4 bands, Chamifu, Chanchampeneau, Chanchantu and Chantkaip, which had formerly existed in the tribe.
Santiam Tribe
MLA Source Citation:Hodge, Frederick Webb, Compiler. The Handbook of American Indians North of Mexico. Bureau of American Ethnology, Government Printing Office. 1906. AccessGenealogy.com. Web. 18 December 2014. http://www.accessgenealogy.com/native/santiam-tribe.htm - Last updated on Sep 2nd, 2011
Categories: Native American, Oregon
Topics: Kalapooian, Santiam
Locations: Grande Ronde Reservation
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Saturday, December 20, 2014
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The Senate confirmed Loretta Lynch to a second stint as U.S. attorney for the Eastern District of New York.
Nominated by President Barack Obama in February, Lynch, seen above left, was confirmed along with four other U.S. attorneys.
Lynch's appointment marks her return to the job, which she previously held from 1999 to 2001.
The Eastern District includes Brooklyn, Queens, Staten Island and Long Island.
The Senate also confirmed New York Federal Judge Denny Chin, above right, to the U.S. Court of Appeals. The Chinese immigrant has presided over a long list of notable cases, including Bernard Madoff's trial.
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IPW Meeting Info
Thursday, Sept 18, 2014 Will be a friendly meeting Hosted by Heide Bailey with a sharing of prints. Starts at 7pm.
If you don't hear of a place from Heide, please message me at 208-863-3330. I will be out of town. Cal
This meeting will be a planning meeting to plan fall workshops and photowalks around the State of Idaho.
The IPW meets monthly at 7pm on the Third Thursday at theMK Nature Center. You are welcome to join us!


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Though high-school teacher Jason Knight had an "entrepreneurial spirit" and dreamed of opening a cookie and ice cream parlor, he also didn't know "anything about making ice cream," as he once explained to the Winston-Salem Journal. Intrigued by his friend's dream and eager to support him on this endeavor, Edgar Everett—a chiropractor by trade—joined forces with his college pal, and the two immersed themselves in all things sweet, from ice-cream-making seminars to baking classes; thus Cookies + Cream was born, sating sweet cravings with batches of freshly baked cookies and housemade ice cream.
In the years since handing a freshly minted waffle cone to his first customer, Jason has spent countless hours perfecting the recipes for 45 different flavors of ice cream, including inventive options such as banana macadamia chip, cinnamon stick, and caramel latte. Warm, fragrant clouds of baked cookies and brownies escape the kitchen and flood the shop, and milkshakes and sundaes cool down mouths overheated from fielding crank phone calls from auctioneers. Guests can get their treats to go or snuggle into the seating area as they sip their coffees and plug into the shop's free WiFi. Jason and Edgar also host fundraising events on a regular basis. For example, Doggy Day is a benefit for Stepping Stones Canine Rescue replete with doggy ice cream, face painting, and pet caricature drawings for pups able to laugh at the size of their snouts.
When a fire destroyed the original Dewey's Bakery in 1955, it seemed like that might be the end of the Dewey's legacy. The bakery had been a local landmark since 1930, when Dewey G. Wilkerson lifted spirits during the Great Depression with his Moravian cookies and other treats. But then the Winston-Salem community bonded together to keep Dewey's in business, and soon it moved to Thruway Shopping Center, where its flagship location still stands today.
Dewey's Moravian morsels have stood the test of time, too. Today, the bakery's regional edibles range from sugar cakes to Lovefeast buns, whose subtle flavors of nutmeg and lemon rind enliven traditional Moravian Lovefeast ceremonies. In addition to those original, homemade recipes, Dewey's highlights other classic sweets, including pumpkin spice cake pops and pink lemonade cheesecake. The critically lauded bakery sends even more goodies?from cheese biscuits to gluten-free cookies ?far and wide.
Like a good book, the frozen-yogurt flavors at Frogurt can transport you to another time and place: there are flavors from exotic locales, such as Hawaiian pineapple and Tahitian vanilla. There?s a hint of summertime in their pink-lemonade sorbet, too, and it?d be easy to imagine celebrating your birthday in a cryogenic chamber with the birthday-cake-flavored frozen yogurt. Every day, 10 of these flavors occupy self-serve machines set against Frogurt's colorfully tiled walls. Many of them are sugar-free, low-fat, nonfat, or dairy-free and provide a healthy boost of probiotics. Feel free to personalize each serving with any of 95 kinds of toppings, such as peanuts, fruit boba, berries, and even breakfast cereals; at the register, you?ll be charged by the ounce.
Café Roche is a locally owned and independently operated coffee shop devoted to delicious café fare and sustainable business practices. The coffee is organic, shade-grown, and direct trade whenever possible, and the ice cream is all-natural and sourced from grass-fed cows at Homeland Creamery in Julian. Wake up sweetly with an espresso-anchored crème brûlée cortado, glazed with raw sugar and caramelized with a blow torch ($2.99), rise simply with a large drip coffee ($2.04), or jolt awake briskly with an iced beverage. Ice cream ($2.99 for one scoop, $3.99 for three) comes in a variety of flavors, such as blueberry, butter pecan, and vanilla, and a java milkshake caffeinates a sweet tooth with a shot of espresso ($4.99–$5.99).
Each Bagel Station bagel is formed by hand from scratch using fresh ingredients, then cooked the authentic Brooklyn way: first boiled, then baked. The original Bagel Station offers 18 varieties, while Bagel Station II stocks 16 flavors. Accompany a cinnamon raisin, poppy seed, or chocolate chip circlebread ($.89 each/$8.81 for a baker's dozen) with sweet and savory toppings such as honey butter ($1.60 including bagel), scallion cream cheese ($2.60), or breakfasty melted cheese ($2.65). Bagelccessories include bagel chips ($1.99 per bag), muffins ($1.50), and scones ($1.69).
Dairy Queen offers a cool, frosty respite from harsh summer heat with a variety of frozen ice-cream delicacies. The signature Blizzard's chunky charms dissolve flavor lockouts with classic candies, cookies, or fruits blended to unmatched thickness with soft serve ($3.59 for a medium) spun in a specialty centrifuge for maximum creaminess. The waffle-bowl sundae delivers vanilla ice cream nestled in a chocolate-bedecked waffle-cone bowl with a choice of tempting toppings ($3.95), and the milkshake ($2.59 for a medium) puts spoons to shame with its refreshing strawability and willingness to fit into cup holders and miniature siege cannons.


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'The Grand Seduction'
When I say you've seen "The Grand Seduction" before, I'm not referring to the 2003 French-language original, but to the familiar elements in its plot.
There's a little "Lone Hero" here, a little "Northern Exposure" there, more than a little "Waking Ned Divine" and bits and pieces from lots of other stories involving eccentric small-town dwellers and alternately charmed and appalled transplanted city slickers. So you can't give "Grand Seduction" points for originality, or even for being dramatically convincing. It features a couple of first-rate performances, though, and it's funny enough, often enough, to make its shortcomings bearable,
Its chief asset is Irish actor Brendan Gleeson ("Mad Eye" Mooney in the "Harry Potter" movies) as Murray, the disgruntled acting mayor of the tiny Canadian harbor town of Tickle Head. ("Grand Seduction" is a Canadian English-language remake of Quebec's "Seducing Dr. Lewis.")
A once-thriving fishing village, Tickle Head has fallen on hard times, with most of its 120 residents unemployed and on the dole. This includes Murray, who has contrived to collect an additional check for a long-deceased pal.
Murray's not averse to a little chicanery, in other words, so, when he learns the petroleum refining plant he's been trying to entice to Tickle Head requires town doctor, he's prepared to do almost anything to secure one.
That means resorting to shameless deception to convince the young plastic surgeon who has been coerced into practicing there for a month that Tickle Head "is the finest place on Earth he could call home." He gets an assist from his equally grizzled and disgruntled best friend Simon (Canadian veteran Gordon Pinsent, also quite good) and other assorted colorful locals.
Murray's plan involves enlisting the entire town to seduce Dr. Lewis (Taylor Kitsch, no doubt enjoying the change of pace from his failed blockbusters "John Carter of Mars" and "Battleship") by morphing according to his tastes, which they discover, in part, by tapping his phone.
So learning that he loves cricket, they build a field and assemble a team, though they don't know the rules. One of them is designated to share the doc's passion for hard-core, ear-bleeding avant-garde jazz. They put money on the town pier for him to find on evening walks.
Murray even offers Dr. Lewis drugs when he arrives because getting busted with a tiny amount by a former mayor is the only reason he's there. "Would you like some cocaine?" he says while showing him around, as if he's asking if the doc likes seafood. "Because we're down with it."
The comedy works just fine, for the most part. There's a problem, though, when the film decides to shift to dramatic mode from time to time. As when we're asked to consider how much the once-proud town is suffering from poverty, or how lonely Dr. Lewis was as an orphan or how little his fiancée back home seems to care for him, setting up a contrived potential relationship with the town's beautiful yet aloof postmistress (Liane Balaban).
The story even ventures into borderline cruelty when Murray manipulates the doctor by coming on fatherly after pretending he's lost a beloved son.
Those contrived shifts of mood, plus the shrieking obviousness of some of the town's deceptions probably would have been enough to scuttle "Grand Seduction" if it weren't for Gleeson, who grounds the film comically and dramatically. The story is artificial through and through, but he'll make you believe in Murray.Tags: movies


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Father sentenced to 50 years in abuse caseUPDATED 4:35 PM CST Mar 08, 2013
A Des Moines father was sentenced to 50 years in prison after pleading guilty to sexually assaulting three of his children.
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Press Releases
Defense Dominates Division II MercyhurstKingsmen open five-game weekend with win
Posted: Thursday, October 04, 2012 05:58 pm PST
Max Zappas played tough at both ends of the pool today against Mercyhurst.
Photo: Tracy Maple
THOUSAND OAKS, Calif. – One day after opening SCIAC play the Cal Lutheran water polo team returned to their home venue to begin a string of non-conference matches. The Kingsmen defeated Division II Mercyhurst 8-6 today.
The teams opened up scoring goal-for-goal. Spencer McGrath got things started and Dejan Novakovic also found the back of the net in the first quarter. CLU capitalized on a fast break by George Hong, which set up Kyle Norheim who pump faked before lobbing the ball into the top right corner of the net to knot things up at 3-3 with four seconds to play in the opening stanza.
CLU controlled the second quarter, scoring a pair while holding the Lancers off the board. The first came from set when Max Zappas, who was being targeted all half, spun and fired off a behind the back shot that gave CLU a 4-3 edge. McGrath fed Zappas the pass and was credited with the assist.
Novakovic added to the lead late in the quarter when he converted a five-meter shot into the fifth Kingsmen goal of the game. CLU led 5-3 at halftime.
After the break the Lancers cut the deficit to a goal, but CLU still had a 7-6 edge entering the final frame.
Carter Baldwin had a pair of steals on back to back Mercyhurst possessions in the third and then drew an ejection to set up the 6-on-5 for CLU with 3:48 to play. Though the Kingsmen were unable to convert it, Baldwin did spark the next Cal Lutheran score. As the shot clock wound down at the 2:00 mark, he fired off a shot that caught the cross bar, but Derrick Graham was there to punch the ball into the back of the net for the goal.
Zappas added his second behind the back goal in the quarter as well. Mercyhurst countered with a goal in similar fashion.
CLU, however, clung to that one-goal advantage after the first 24 minutes of action.
The final period saw just one more score, which came by way of Novakovic, who recorded a hat-trick to lead all players.
Zappas was the only other player with multiple goals today. Hong handed out a pair of assists while Novakovic and McGrath also each dished one out.
Zappas and Hunter Hamaker each drew a pair of ejections for the Kingsmen. CLU finished with eight as a team.
Defensively, the Kingsmen stepped up.
"Any time you can hold a team to six goals, with three in the first quarter, it is a good day," head coach Craig Rond said after the game.
Baldwin finished with four steals to lead the squad, while McGrath added three. Novakovic and Nathan Ortega came away with two steals apiece as well. Additionally, CLU had a pair of field blocks with both Ortega and Kyle Norheim recording one.
In front of the cage, Danny Mock made 13 saves and also grabbed a loose ball for a steal.
The victory pushes the CLU win-streak to five.
Cal Lutheran (7-6) travels to the Claremont Convergence Tournament, which has been renamed the Gary Troyer Tournament, this weekend. CLU will play Penn State Behrend and Iona at 11:00 a.m. and 5:40 p.m., respectively. Both games on Friday will be played at the Axelrood Pool on the campus of Claremont-Mudd-Scripps.
More Releases
- 7 Chinese artists featured in exhibit
- Cal Lutheran faculty receive project funds
- 6 join Cal Lutheran Board of Regents
- New faculty members join Cal Lutheran
- Men's volleyball program to be added
- Kwanzaa to be celebrated at Cal Lutheran
- Cal Lutheran to re-enact Christmas story
- Cal Lutheran presents holiday concerts
- 1,000 golden figures featured in exhibit
- Cal Lutheran to hold Sankta Lucia service


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With Thanksgiving just a few weeks away, it's time to start planning that big Turkey Day feast. Whether you're a novice cook or a semiprofessional chef, CNET's Kara Tsuboi has some app and tech recommendations to ensure a seamless -- and delicious -- holiday dinner.
Thanks to very stable flight and easy-to-learn controls, this mobile-device-controlled quad is a blast, but the fun might not last long enough for some.
Crave writer Rusty Blazenhoff enlisted in drone "flight school" this week and nervously piloted her first flying camera this week. See how it went.
Six women and four men -- few of whom have technical backgrounds -- will decide what infringement occurred and how much money is owed in damages.
Self-printed guns aren't the only firearms altering the weapons landscape. Also out there: Precision rifles with high-tech scopes and auto-firing triggers, and iPhone adapters and apps that offer custom crosshairs.
With a format tailor-made for one-liners, Twitter has become the world's biggest stand-up comedy club. TV comedy writers and an original "SNL" cast member tell Crave why the tweet's the thing.
The upcoming OS will add new trackpad swiping features, including a three-finger swipe that can minimize or maximize all open windows.
Ready to take Windows 10 for a spin? All you need is an available PC, a flash drive and a free utility.
That's your post-rebate price, but it's also one of the best deals to date on a massive solid-state drive.
Shopping for your home network? This buying guide will keep you connected with the best options.


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Harwood Feffer LLP Announces Investigation Of Inhibitex, Inc.
Harwood Feffer LLP ( www.hfesq.com) is investigating potential claims against the board of directors of Inhibitex, Inc. ("Inhibitex" or the "Company") (NASDAQ: INHX) concerning the proposed acquisition of the Company by Bristol-Myers Squib Co. ("Bristol-Myers") in a transaction valued at approximately $2.5 billion.
On January 7, 2012, Inhibitex announced that it had entered into a definitive agreement pursuant to which the Company will be acquired by Bristol-Myers. Under the terms of the agreement, Bristol-Myers will commence a tender offer that would pay holders of Inhibitex shares $26.00 per share in cash.
Our investigation concerns whether the board of directors is fulfilling its fiduciary duties, maximizing the value of Inhibitex, disclosing all material benefits and costs and obtaining full and fair consideration for Inhibitex shareholders.
If you own Inhibitex shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Peter W. Overs, Jr., Esq.
Benjamin Sachs-Michaels
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
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(212) 935-7400
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PartnerRe Ltd. Announces Publication Of The Company's 2011 Life Value In-Force Disclosure
Regulatory News:
PartnerRe Ltd. (NYSE, Euronext: PRE) announced that it will publish the Company's 2011 Life Value In-Force disclosure after 4 p.m. Eastern today, Tuesday October 9, 2012. This document will be available on the Company's website at www.partnerre.com in the Investor Relations section on the Financial Reports page under Supplementary Financial Data.
PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance to insurance companies. The Company, through its wholly owned subsidiaries, also offers capital markets products that include weather and credit protection to financial, industrial and service companies. Risks reinsured include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity and health, and alternative risk products. For the year ended December 31, 2010, total revenues were $5.9 billion. At June 30, 2011, total assets were $24.6 billion, total capital was $7.4 billion and total shareholders' equity was $6.6 billion.
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RALEIGH North Carolina discriminates against drivers with disabilities by subjecting them to unnecessary road tests and medical exams and arbitrarily restricting their driving, according to a federal lawsuit filed this week.
Disability Rights North Carolina, a nonprofit that advocates for the rights of people with disabilities, filed the case Tuesday on behalf of six individuals with disabilities. The nonprofit agency is named as a plaintiff on behalf of other disabled drivers it says are subject to discrimination by the state Department of Motor Vehicles.
The complaint said DMV improperly applies its Medical Evaluation Program meant to identify drivers with medical problems that might cause them to crash to drivers who are capable and safe, but have a physical disability. The complaint said the practice is based on stereotypes about people with disabilities, and it serves as a surcharge on those drivers, who must spend extra time and money proving they dont pose a risk.
Such treatment is a violation of the federal Americans with Disabilities Act and the Rehabilitation Act, the suit said.
We cant sit by and allow the DMV to stereotype and demean North Carolina drivers with disabilities, said Vicki Smith, executive director of Disability Rights NC. We are taking this action to protect and promote the dignity of these individuals and all individuals with disabilities, and to enforce the right to be free from discrimination on account of their disability.
Marge Howell, DMV spokeswoman, said agency attorneys are currently reviewing these claims, and we will work to resolve the matter as quickly as possible. We are disappointed that the organization decided to take legal action. NCDMV remains committed to providing the highest level of service to all customers in the state of North Carolina.
Advocates: Longtime practice
Smith said her organization has heard from many disabled people over the years that DMV had treated them capriciously, but most have been afraid to complain for fear that the agency would restrict or revoke their licenses.
It does so, the suit said, by placing individuals in its Medical Evaluation Program, which DMVs says is administered by the Division of Motor Vehicles, with medical counsel and individual case recommendations provided by physicians and physician extenders within the Highway Safety Scientific Services Section of the N.C. Department of Health and Human Services. Drivers can be referred to the program by physicians, family members, drivers license examiners and law enforcement officers.
Being in the program is not a punishment, nor is it meant to be unfair, the DMV website says. Driving in North Carolina is a privilege, and in order to protect that privilege for other North Carolina drivers, DMV has the authority to determine if you are medically fit for the privilege of driving.
The state cites medical conditions affecting a persons ability to drive as the cause of about half of all crashes that result in serious injury or death. But Disability Rights NC said there is no evidence that drivers with orthopedic impairments or who use hand controls present an increased accident risk.
Conditions placed
Once a driver is placed into the medical review program, he or she remains there until removed from it by DMV. While in the program, drivers can be required to undergo medical testing and provide documentation from doctors and therapists. They may have a range of conditions placed on their licenses, including limits on their speed, how far from home they can travel and being restricted to daytime driving and told not to drive on interstates.
Drivers can be required to add special equipment to their vehicles, such as wheel knobs and hand controls for braking and accelerating. One plaintiff in the suit was told by DMV only to drive a vehicle equipped with a wheelchair lift, though the device would have no effect on the ability to drive, the suit said.
In addition, drivers placed into the program may be issued licenses that expire after one year, rather than the five to eight years for other drivers. They may have to undergo annual driving tests and behind-the-wheel assessments by occupational therapists, even if they have not been in an accident or issued a citation, and, the suit said, even if they have a letter from their physician saying their disability does not affect their driving, is not degenerative and has not changed.
The suit said restrictions are added, and sometimes removed, without explanation.
Suit: Drivers not given info
Drivers who feel they have been unfairly treated by DMV because of a disability, the suit said, are sometimes erroneously told there is no appeal process, and the only way to keep their license is to comply with requests for evaluation and documentation.
The lawsuit includes the case of a 60-year-old Raleigh woman who has physical impairments as a result of being in a car accident as a child, but needs no special equipment to drive. Last fall, when she went to renew her license, she took and passed a driving test. Afterward she was told by a DMV examiner that a restriction would be added requiring that she use a wheel knob, though she wasnt using one in the test, it hasnt been recommended by her physician and she doesnt want one.
The woman returned to DMV a few days later to protest the restriction, and was road-tested again. She passed again, without a wheel knob, but was told the restriction would not be removed.
She was further told that, if she continued to challenge the wheel knob restriction, the DMV may add more restrictions to her license, the suit says.
Other plaintiffs in the case are drivers who have cerebral palsy, muscular dystrophy, spina bifida, a spinal cord injury and multiple sclerosis. They are aged from 18 to 60. All have valid drivers licenses.
DMV, Thomas, Tata named
The suit names the state Department of Transportation and its commissioner, Kelly J. Thomas, along with the Division of Motor Vehicles and its secretary, Anthony Tata, as defendants. It asks that the court find the defendants in violation of the Americans with Disabilities Act and the Rehabilitation Act, and to order them to stop discriminating against drivers with disabilities based on speculation, stereotypes and generalizations. It asks that the defendants pay the cost of bringing the lawsuit.
Smith, of Disability Rights NC, said the group would like for the state to better train DMV staff, develop a clearer policy relating to drivers with disabilities and a more transparent appeal process.
This demonstrates that there are still misperceptions about what a person with a disability can and cannot do, she said.
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Edge of the City: Two New York City longshoremen Axel Nordmann (John Cassavetes), an Army deserter and Tommy Tyler (Sidney Poitier), an easy-going freight car loader who's growing friendship is threatened by Charles Malik (Jack Warden), a notably repellent punk.
Something of Value: Peter McKenzie and native boy Kimani are raised as brothers in the British colony of Kenya. But cruelty and intolerance drive them apart. Kimani becomes the leader of his people, the Mau Mau. After the slaughter of whites, Peter becomes vengeful but he relents and searches for his childhood friend with hopes of ending the killing. Peace proves elusive after Kimani's wife is killed and the Mau Mau leader runs away. Peter sets out after him for a final confrontation, only to find tragedy and redemption.
A Warm December: Dr. Matt Younger (Poitier) and his daughter (Curtis) arrive for a month- long visit to London for dirt-bike racing and unexpectedly, a new romance for the widowed Dr. Younger. His new love interest is the beautiful and playful Catherine (Anderson) who seems to enjoy eluding Dr. Younger as much as she enjoys eluding the mysterious men who are following her. Their romance develops gradually as does the viewers' understanding of what is going on with this charming woman and the complications she brings with her.
A Patch of Blue: Accidentally blinded by her prostitute mother Rose-Ann (Oscar winner Shelley Winters) at the age of five, Selena D'Arcy spends the next 13 years confined in the tiny Los Angeles apartment that they share with "Ole Pa" (Wallace Ford), Selena's grandfather. One afternoon at the local park, Selena meets Gordon Ralfe (Sidney Poitier), a thoughtful young office worker whose kind-hearted treatment of her results in her falling in love with him, unaware that he is black. They continue to meet in the park every afternoon and he teaches her how to get along in the city. But when the cruel, domineering Rose-Ann learns of their relationship, she forbids her to have anything more to do with him because he is black. Selena continues to meet Gordon despite Rose-Ann's fury, who is determined to end the relationship for good.
A blind white girl (ELizabeth Hartman) falls in love with a black man (Sidney Poitier) in A Patch of Blue (1965).
Selina (Academy Award-nominated Elizabeth Hartman) left alone at the park with her beads, has no idea the passer-by she meets, Gordon (Sidney Poitier), is African-American, early in probably the best known film by English director and cinematographer Guy Green, A Patch Of Blue, 1965.
Blind Selina (Elizabeth Hartman) and new friend Gordon (Sidney Poitier) at the grocery, getting to know each other in director Guy Green's A Patch of Blue, 1965.
A Patch of Blue -- Trailer for this drama starring Sidney Poitier
A Patch of Blue -- A black man's burgeoning love affair with a blind white girl is complicated by her racist, controlling mother.
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Treasury 30-year bonds fell as speculation increased that the Federal Reserve will provide more monetary stimulus after manufacturing and unemployment-claims reports added evidence the economy is slowing.
The U.S. sold 10-year inflation-indexed securities at a record negative yield for a fourth consecutive auction of the securities as investors sought a hedge against the risk of rising consumer prices. Fed Chairman Ben S. Bernanke said yesterday during a second day of testimony in Washington that central bankers are ready to act if needed.
"The market is projecting at some point in the near future that the Fed does act," said Justin Lederer, an interest-rate strategist in New York at Cantor Fitzgerald LP, one of 21 primary dealers that trade with the central bank. "I don't think it happens in the next meeting, but the signs are pointing to further stimulus."
The yield on the 30-year bond rose two basis points, or 0.02 percentage points, to 2.61 percent at 5 p.m. in New York, according to Bloomberg Bond Trader prices. The 3 percent note due in May 2042 fell 11/32, or $3.44 per $1,000 face value, to 107 31/32. Benchmark 10-year yields rose one basis point to 1.51 percent.
The Treasury sold $15 billion in 10-year Treasury Inflation Protected Securities at a so-called high yield of negative 0.637 percent, the fourth auction of the securities where investors were willing to pay the U.S. to hold their principal. Five-year TIPS have also been sold at negative yields at the past five auctions of the securities.
Leading Indicators
Treasury trading volume reported by ICAP Plc, the largest inter-dealer broker of U.S. government debt, rose to $246 billion, the highest since July 11. Trading averaged $242 billion this year.
Purchases of existing homes decreased 5.4 percent to a 4.37 million annual rate last month from a revised 4.62 million in May, figures from the National Association of Realtors showed today in Washington. The median forecast of economists surveyed by Bloomberg News called for a 4.62 million pace.
The Conferences Board's gauge of the outlook for the next three to six months decreased 0.3 percent after a revised 0.4 percent increase in May, the New York-based group said today. Economists projected the gauge would drop by 0.1 percent, according to the median estimate in a Bloomberg News survey.
"Leading indicators rolled over -- this isn't a particularly optimistic period," said Dan Greenhaus, chief global strategist at the broker-dealer BTIG LLC in New York. "There's a bit of a higher probability that the U.S. is in a recession right now. It's a slightly higher probability than some believe."
'Quantitative Easing'
Applications for jobless benefits increased by 34,000 to 386,000 in the week ended July 14, Labor Department figures showed. Economists forecast 365,000 claims, according to the median estimate in a Bloomberg News survey. The volatility in the numbers was due to a change in the timing of annual automobile plant layoffs, a Labor Department spokesman said as the data were released.
"The Fed is going to put on some type of quantitative easing as we go forward," said Larry Milstein, managing director in New York of government- and agency-debt trading at R.W. Pressprich & Co., a fixed-income broker and dealer for institutional investors. Bernanke "did not address the timing and the details, so we have some softness because of that."
The Fed has purchased $2.3 billion of mortgage and Treasury debt in two separate rounds of asset purchases intended to stimulate the economy, known as quantitative easing. While policy makers refrained from introducing a third round of purchases last month, Bernanke indicated this week in two days of Washington testimony that it remains an option.
Inflation, Deflation
The central bank purchased $1.8 billion of bonds due from February 2036 to May 2042 today as part of another program known as Operation Twist. The Fed is swapping short-term Treasuries in its holdings for longer maturities to put downward pressure on long-term borrowing costs.
"The fear of the Fed is not of inflation, it's of deflation," said Charles Comiskey, head of Treasury trading at primary dealer Bank of Nova Scotia (BNS) in New York. "There's a better chance of falling into deflation."
TIPS have handed investors a 5.8 percent return this year, compared with a 2.7 percent gain for conventional Treasuries, according to indexes compiled by Bank of America Merrill Lynch.
U.S. inflation-protected notes pay interest on a principal amount that increases at the same rate as the Labor Department's consumer price index.
Consumer Prices
The five-year, five-year forward break-even rate, a measure of inflation expectations that the Fed uses to help guide monetary policy, was 2.4. The figure compares with 2012's high of 2.78 percentage points and the average of 2.75 percent for the past decade.
U.S. consumer prices rose 1.7 percent in June from the year before, the Labor Department reported on July 17. A Bloomberg survey of economists projected 1.6 percent, which would have been the lowest level in 17 months.
The U.S. will sell $35 billion of two-year notes, the same amount of five-year securities and $29 billion of seven-year debt over three days starting July 24, the Treasury announced today.
To contact the reporter on this story: Susanne Walker in New York at firstname.lastname@example.com
To contact the editor responsible for this story: Dave Liedtka at email@example.com


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Comment: I hope /. at least got paid for this... (Score 1) 127
by ErikRed1488 (#36874398) Attached to: Suggesting Innovative Uses For Retired Space Shuttles
It's clearly an advertisement submission by Michael Cooney, Online New Editor for Network World, Inc. I hope
/. at least got paid for posting this drivel.
In over 10 years of reading /., this has to be the lamest story I've ever seen.


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The Peruvian And Uruguayan HV Transformer Market
NEW YORK, April 3, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: The Peruvian and Uruguayan HV Transformer Market
This research service provides an analysis of the high-voltage (HV) transformer market in Peru and Uruguay. The HV transformer market is likely to experience steady growth due to the expected capacity addition in the Peruvian and Uruguayan power sectors in the near future. In fact, utility expansion plans reveal a genuine and ongoing need for HV transformers to deal with supplementary nodes, supporting infrastructure and replacement of the exhausted installed base. Power utilities, mostly transmission and distribution firms, as well as mining and industrial consumers are serviced by international companies and local manufacturers.
Executive Summary•The total high-voltage (HV) transformer market in Peru and Uruguay was worth $ x x million in revenue terms, which represented x x units sold in 2011.•Peru accounted for $ x xmillion, with a CAGR of x x per cent; Uruguay accounted for $ x x million and a base year sales decrease of x x per cent.•The HV transformer market is likely to experience steady growth due to the expected capacity addition in the Peruvian and Uruguayan power sectors in the near future.•In fact, utility expansion plans reveal a genuine and ongoing need for HV transformers to deal with supplementary nodes, supporting infrastructure, and replacement of the exhausted installed base.•Both Peru and Uruguay offer attractive investment opportunities, albeit small markets.•However, stiff competition arises in price-sensitive markets where international competition for local companies is strong from China, Brazil, and Korea.•The top three participants together had x xper cent of the total revenue share.•In 2011, Siemens was the leader in the HV transformer market both in revenue and units sold, followed by ABB Company and Delcrosa.TABLE OF CONTENTS Executive Summary 4Market Overview 9Total HV Transformer Market —•External Challenges: Drivers and Restraints 18•Forecast and Trends 29•Demand Analysis 43•Market Share and Competitive Analysis 45Country Breakdown — Peru 51 Uruguay 63The Last Word 75Appendix 78 To order this report: The Peruvian and Uruguayan HV Transformer Market Contact Clare: firstname.lastname@example.com:(339) 368 6001Intl:+1 339 368 6001 SOURCE Reportlinker
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