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About The daily Astorian. (Astoria, Or.) 1961-current | View Entire Issue (Dec. 8, 2017)
5B THE DAILY ASTORIAN • FRIDAY, DECEMBER 8, 2017 Bitcoin soars then falls back; banks raise risk concerns By KEN SWEET Associated Press NEW YORK — The price of bitcoin swung wildly Thursday, rising to more than $19,000 only to fall sharply within minutes, as both the euphoria and anxiety surrounding the virtual currency escalated just days before trad- ing in bitcoin futures begins on a major U.S. exchange. The concerns about its vola- tility have led some Wall Street banks and trade groups to raise concerns about the potential implications of trading bitcoin. Banks also appear likely to limit customers’ access to the futures when they first start trading. Bitcoin was valued at $17,167 as of 6:00 p.m. EST, according to large bitcoin exchange Coinbase, after briefly surging above $19,000 Thurs- day morning. At the start of the year, one bitcoin was worth less than $1,000. Bitcoin’s wild swings occurred as Wall Street pre- pares for bitcoin futures to start trading on the Chicago Board Options Exchange on Sunday evening and on the Chicago Mercantile Exchange a week later. The futures are designed to reflect the price of bitcoin without an investor having to physically hold the currency, not unlike how oil, gold, copper or cocoa prices are determined by futures contracts. Yet the dawn of futures trad- ing has some parties on Wall Street concerned. A group of banks, brokerages and clear- inghouses came out and com- plained that federal regula- tors approved the futures too quickly and without properly considering the risks inherent in bitcoin. The Futures Industry Asso- ciation, a trade association that represents Wall Street banks, brokerages and clearinghouses, sent a letter to the Commod- ities Futures Trading Com- mission this week, saying the institutions should have been ‘There is no fundamental basis for valuation of Bitcoin and other cryptocurrencies, and they may assume any price from one day to the next.’ Thomas Peterffy, chairman of the broker-dealer Interactive Brokers Group consulted before trading in bit- coin futures was approved. The association’s members expressed concern that they could be on the hook for large sums of money if extreme vol- atility in bitcoin resulted in big losses for some customers. Goldman Sachs, one of the nation biggest investment banks, said it will allow only a limited number of clients to trade the CBOE’s bitcoin futures when they launch next week. Bank of America will not allow clients access to the futures. A person familiar with the matter said JPMorgan Chase will not allow clients access to the futures on the first trading day, and will make an evalua- tion after that based on what it sees in the futures market. This person requested anonymity because the decision hasn’t yet been announced publicly. The Wall Street Journal reported that Citigroup will also not allow clients access to bitcoin futures, although a Citi spokesman declined to com- ment. Morgan Stanley declined to comment. Thomas Peterffy, chairman of the broker-dealer Interac- tive Brokers Group, expressed deep concerns about the trading of bitcoin futures last month, saying “there is no fundamen- tal basis for valuation of Bit- coin and other cryptocurren- cies, and they may assume any price from one day to the next.” Peterffy noted that if bit- coin futures were trading at that time, under the CBOE’s rules those futures likely would experience repeated trading halts because of limits on how high or low the price can move during the trading day. The futures signal more mainstream acceptance of the currency, but also open up bitcoin to additional market forces. Futures allow for the shorting of bitcoin — that is betting that the price of bitcoin will go down — which pres- ently is very difficult to near impossible to do. With the cur- rency’s tremendous run up in price in recent days, it could become a target for those who doubt that it deserves its current lofty value. The frenzy of interest and the rapid rise in the price of bit- coin has put significant strain on the major bitcoin exchanges. Coinbase, the largest bitcoin exchange, at one point tweeted that record-high traffic had caused interruptions to its ser- vice. Bitfinex, which trades sev- eral digital currencies including Bitcoin, tweeted out that it had suffered an unusual surge in traffic the last few days. Bitcoin is the world’s most popular virtual currency. Such currencies are not tied to a bank or government and allow users to spend money anon- ymously. They are basically lines of computer code that are digitally signed each time they are traded. CLASSIFIEDINDEX classifieds NOTICES MARINE RENTALS Special Notices ............................. 104 Boats for Sale................................. 251 Public Notices ............................... 107 Boating Parts & Accessories ..... 254 Announcements .......................... 110 Boats Wanted ................................ 257 Boat Trailers ................................... 260 PERSONALS Marine Supplies & Equip. .......... 266 Lots & Found ................................. 181 Boat/RV Storage ........................... 269 Personals ........................................ 184 Fund-raisers ................................... 188 RVs & Trailers RVs & Travel Trailers ............ 301-307 AUTOMOTIVE Campers, Utility Trailers .... 310-313 Antiques/Classic Vehicles ......... 201 Automobiles .................................. 204 REAL ESTATE SUVs/Trucks .......................... 207-210 Open Houses ................................. 501 4WD .................................................. 213 For Sale ................................... 504-513 Vans .................................................. 216 Lots & Acreage .............................. 516 ATVs/Motorcycles ........................ 219 Income Property .......................... 519 Truck/Auto Parts .......................... 222 Manufactured Homes ................ 522 Detailing ......................................... 225 Commercial Property ................. 525 Tires & Wheels ............................... 228 Real Estate Wanted ..................... 531 104 Special Notices Treasure Alley 20% off entire store Black Friday through Christmas Eve Vintage, collectibles, art, clothing and more! Wednesday-Sunday 11am-5pm 77 11th St, Astoria Pier 11 Building 107 Public Notices 207 7th St. Astoria, Oregon (Formerly Coast Rehabilitation Services) It is that time of year to clean out the house before the holidays. Here is a perfect solution-Our Thrift Store will take saleable items Monday-Saturday 9:30am-5:00pm We are downtown Astoria at 207 7th St (503)325-1011 We provide pickup service. Delivery is also available for a nominal fee. Suggestions: Rugs, furniture, technology, musical, pictures, lamps, exercise & sports equipment, baby items, toys, clothes, crafts, holiday items, jewelry, shoes, pots & pans. Weekly Sales! Fax:503-861-3476 or 503-674-5100 ~www.nwcall.org~ We are a 501(C)(3) public charity Serving our community for over 43 years. Go. Do. coastweekend.com dining • the arts • music shopping • museums • classes • movies gardening • news • blogs • more The Miles Crossing Sewer district will be meeting Tuesday Dec 12th, at 12:00 PM at District office 34583 Hwy 101 Bus in Astoria, this meeting is open to the public. 110 Announcements Dr. Stephanie White is inviting you to her practice to receive the highest quality care for your dental needs. Mention this Ad and receive a Free Electric Toothbrush! Special applies to new patients that receive a comprehensive exam. We also offer our own in-house insurance plan (featured under Ilumitrac, on our website) Schedule Today!! 503-738-9273 3965 HWY 101 N. Gearhart, OR 97138 www.gearhartdentistry.com Email: frontdesk@gearhartdentistry.com Special expires 12/31/17 160 Christmas Trees Oja’s U-Cut Trees Nobles, Grands All Trees $30 Handmade Wreaths! 4 miles from Miles Crossing 90198 Youngs River Rd Astoria Daily:10am-4pm 163 Holiday Bazaars Rust-N-Ruffles Holiday Bazaar December 9th & 10th, 10-3. A special visit from Santa on 12/10 from noon-2. 91157 Pathfinder Road, Astoria. Take 202 to Walluski, Walluski to Labiske, & Labiske to Pathfinder. Classified Ads work hard for you! 107 Public Notices Occasionally other companies make telemarketing calls off classified ads. These companies are not affiliated with The Daily Astorian and customers are under no obligation to participate. If you would like to contact the attorney general or be put on the do not call list, here are the links to both of them Complaint form link: http://www.doj.state.or.us/ finfraud/ PETS/LIVESTOCK 204 Automobiles 2004 Dodge Intrepid Runs great, drive anywhere! $1850/OBO 503-738-6144 301 RVs & Travel Trailers 2017 Jayco Jay Flight 25-ft Travel Trailer in Ilwaco. Literally brand new and never used. $19,500. Call 360-642-7116. WE GETRESULTS Animal Boarding .......................... 701 Feed-Hay-Grain ............................ 704 Pets & Supplies ............................. 710 Horses & Tack ................................ 713 DANIELLE MISCELLANEOUS CALL TODAY TO PLACE YOUR AD Fuel, Heating & Firewood ......... 807 Furniture & HH Goods ................ 810 BUSINESS OPPORTUNITIES TV & Electronics ........................... 811 Business Opportunities ............. 643 Antiques & Collectibles ............. 813 Business for Sale .......................... 644 Jewelry ............................................ 814 Arts & Crafts ................................... 816 503-325-3211 or 800-781-3211 x231 Email: classifieds@dailyastorian.com Web: www.dailyastorian.com HELP WANTED Help Wanted .................................. 651 APPLIANCES & EQUIP. Work Wanted ................................. 652 Tools & Heavy Equipment ........ 851 Lawn & Garden Equipment ...... 854 SERVICES Appliances ..................................... 860 Childcare/Adult Care .................. 661 Medical Equip. & Supply ........... 866 Services ........................................... 664 Farm Equipment .......................... 923 504 Homes for Sale Public Hearing New Patient Special Thrift Store Properties for Rent ............. 601-613 Rooms & Roommates................. 616 Commercial Rental ...................... 619 Vacation Rentals .......................... 622 Storage Space ............................... 628 Wanted to Rent ............................ 634 RV/Mobile Home Space ............ 637 PUBLISHER’S NOTICE All real estate advertising in this newspaper is subject to the Fair Housing Act which makes it illegal to advertise “Any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status, or national origin, or an intention to make any such preference, limitation or discrimination.” Familial status includes children under the age of 18 living with parents or legal custodians; pregnant women and people securing custody of children under 18. This newspaper will not knowingly accept any advertising for real estate which is in violation of the law. Our readers are hereby informed that all dwellings advertised in this newspaper are available on an equal opportunity basis. To complain of discrimination call HUD at 1(800)669-9777. The toll free telephone number for the hearing impaired is 1(800)927-9275. 604 Apartments Apartment:Large 1,007sf, riverview 2BD/1BA, ADA, possible combo live and work zoned CMU. $1370/MO harborview@gmail.com 541-953-8383 Seaside: Riverview, 2 bedroom, 1 bath Washer/dryer, carport. $875 per month+deposit. No pets DNC Rental Properties (503)791-2855 Astoria, 222 Alameda. 1 bedroom $650-$700+deposit. Hot water included. No pets/smoking. References. 503-680-4210 613 Houses Seaside Cottage Close to town and beach, 1 bedroom+, W/D, fresh interior, fenced yard, no smoking, no pets. $800/month 503-738-2499 Have an item that you would like to sell for under $1,000? List it in our Budget Ads! $9 for 3 days in print and online. Call 503-325-3211 House for Rent in Seaside 2bd/1ba w/laundry room hookups,fenced yard $1200/mo no pets/smoking First month+deposit 503-690-2840 503-312-9960 THE DEADLINE FOR CLASSIFIED ADS is 1 p.m. the day before your ad is scheduled to run 631 For Rent Cannon Beach Ocean Peak. Versatile 1 bedroom/2 bathroom. Fireplace, deck. No pets, 1100 sq. ft., 1-year lease, $1,149/month. 503-260-9700 or hmpropertygroup@ comcast.net. 651 Help Wanted Front/Night Auditor Permanent Full-time Applications at Gearhart By The Sea 1157 N. Marion D.O.E. Drug Test Required. Crab Shakers and General Laborers needed at Chinook Bell Buoy Crab Company. Apply in Person ARE YOU HARDWORKING, HONEST, AND LOOKING FOR A GREAT OPPORTUNITY? If you have some knowledge of cars and desire to learn, we are looking for potential techs/trainees. Call TJ’s Auto Repair 503-861-2886 Call Tim 503-440-8282 PT Receptionist, 20-30HRS a week. Send resume by mail or Email 2120 Exchange St. Ste 111 Astoria, OR ROA@urgentcarenwastoria. com Custodial/Maintenance Assistant: Full-time position with excellent benefits. View job description/qualifications and apply on-line at our web site www.clatsopcc.edu. Applications must be submitted by 5 PM on December 18, 2017. Call the Office of Human Resources at Clatsop Community College 503 338-2406 if application assistance is needed. ODOT is seeking a Sign Maintenance Specialist to join our crew in Warrenton. This position performs any required manual labor or equipment operation necessary for the installation and maintenance of highway signs. To learn more, visit www.odotjobs.com and search job posting ODOT17-1644oc. This recruitment closes 12/13/17. Apply Today! ODOT is an EEO/AA employer committed to a diverse workforce! All classifieds require pre-payment 651 Help Wanted 651 Help Wanted Tyack Dental Group seeks full time business office assistant/data entry. Housekeepers Flexible schedule, knowledge of hotel housekeeping preferred but not required. EOE. Apply in person at the Cannery Pier Hotel & Spa to schedule an interview. The City of Astoria is now accepting applications for the full-time position of Police Officer. Salary Range 29, $4284.00-5207.23 monthly with excellent benefits. To apply and obtain further information, please go to the City’s application website at https://astoria.applicantpool. com/jobs/. If you need assistance, please contact Human Resources at 503-298-2434 or hr@astoria.or.us. APPLICATION DEADLINE: December 15, 2017. LOOKING FOR VACATION HOME CLEANERS! Experience preferred, but we will train the right person. Must be detail oriented, able to work on your own and have your own vehicle. Please provide a resume to Kathy at 164 Sunset Blvd Cannon Beach. We will not be accepting phone inquiries. Required skills include excellent multi-tasking, basic secretarial skills, familiarity with computer and multi-line phone, professional demeanor and great people skills. Starting pay $15/hour with merit raises thereafter. We offer Medical, HSA, dental, vacation, holiday, and retirement plan. Tyack Dental Group 433 30th St. Astoria, Or 97103 (503)338-6000 tyackdental1@gmail.com Classic Bodywerks has openings for qualified staff. We are a family-owned business that has been operating more than 25 years. Immediate openings are for the following: •Journeymen-level Body tech $20 flat rate DOE. Up to 400+ hrs. available. •Mid Tech with experience $12-$17/hr to start. •Paint Prep Helper pay DOE. •Detailer/shop helper pay DOE. •Experience in collision repair industry helpful. •Full-Time position. Please reply with resume/references. •Someone willing to follow oral and written operating procedures and instructions. •Team player •Dependable and reliable Pay: Dependent upon experience and certifications Please apply in person at 34747 Hwy. 101 Business, Astoria Mailroom Local manufacturing company is seeking full time: Administrative Assistant Position will provide clerical support to sales and engineering departments. Ideal candidate will have 2 years of college and/or 2 years experience, strong MS Office skills with particular proficiency in Excel, be a quick learner, versatile and detail oriented. Candidates must have valid driver’s license and pass a pre-employment drug screen and background check. Competitive wage rate DOE. Apply online lektro.com/about/careers or send resume to: lektro@lektro.com No Phone Calls Please Opportunity to work one day per week in our packaging and distributing department at The Daily Astorian. Duties include using machines to place inserts into the news- paper, labeling newspapers and moving the papers from the press. Must be able to regularly lift 40 lbs. in a fast paced environment. Mechan- ical aptitude helpful and the ability to work well with others is required. Pre-employment drug test required. Pick up an application at The Daily Astorian 949 Exchange Street or send resume and letter of interest to EO Media Group PO Box 2048 Salem, OR 97308-2048 or e-mail hr@eomediagroup.com.
