New Mexico Fire Update

 

Date Started: 1 p.m., 6/26/2011 Number of Personnel:  Approximately 341 personnel including three hotshot crews and nine handcrews .
Location: Approximately 12 miles southwest of Los Alamos off NM 4 at mile marker 35  Fuels: Mixed Conifer, Ponderosa Pine. Fuel moisture is extremely low.
Cause: Unknown – under investigation Equipment: Four dozers and 12 engines 
Size: 60,741 acres based on 06/28 0300 infrared data Aircraft: Five helicopters
Percent Contained: 3%  Residences Destroyed: 12

 Media should call (505) 428-7739 to coordinate interviews.

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Santa Fe Las Campanas Market Update

This morning’s news from NAR indicated that national May Existing Home Sales slipped 3.8% on a month-over-month basis, but the soft Existing Home Sales number was already priced into the market, so mortgage rates remain relatively unaffected by this news. 

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Santa Fe Las Campanas Market Update

Monday’s bond market has opened flat, reversing pre-market opening gains. The stock markets looked like they were going to open in negative territory in reaction to news from Greece about a delay in their financial bailout. But the Dow is currently up 8 points while the Nasdaq has slipped 2 points.

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Santa Fe Las Campanas Market Update

Friday’s bond market has opened in negative territory due to stock gains and mixed economic data. The stock markets are reacting favorably to words of confidence out of Greece, pushing the Dow back above 12,000.

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