From Missouri Digital News: https://mdn.org
MDN Menu

MDN Home

Journalist's Creed

Print

MDN Help

MDN.ORG: Missouri Digital News
MDN Menu

MDN Home

Journalist's Creed

Print

MDN Help

MDN.ORG Mo. Digital News Missouri Digital News MDN.ORG: Mo. Digital News MDN.ORG: Missouri Digital News
Lobbyist Money Help  

Missouri Financially Ahead

September 1, 1998
By: Lee McGuire
State Capital Bureau

A rise in bond values has been good news for the state's investments. Lee McGuire has more from Jefferson City.

Monday's free-fall on Wall Street closed the books on a roller-coaster month for investors, and although stocks took a beating, bonds gained strength.

Missouri's director of investments, Craig Husting (HEE-sting), said the rise in bond value has helped the state's investments.

Actuality:hust01.wav
RunTime: 4 secs
OutCue: "...we performed very well."
Contents: Director of investments Craig Husting (HEE-sting) said August has been a good month, and that the state's investments performed well.

Husting (HEE-sting) says the state of Missouri has about three billion dollars invested in the bond market. At the close of trading Monday, Treasury department officials counted an unrealized gain of about five million dollars for the month of August. At the state capital, Lee McGuire, KMOX News.