New Braunfels Herald Zeitung, August 18, 1985, Page 9

New Braunfels Herald Zeitung

August 18, 1985

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Issue date: Sunday, August 18, 1985

Pages available: 103

Previous edition: Friday, August 16, 1985

Next edition: Tuesday, August 20, 1985 - Used by the World's Finest Libraries and Institutions
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Publication name: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

Pages available: 164,099

Years available: 1952 - 2013

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All text in the New Braunfels Herald Zeitung August 18, 1985, Page 9.

New Braunfels Herald-Zeitung (Newspaper) - August 18, 1985, New Braunfels, Texas When times were Saudi Arabias oil sheiks built up a rainy day Now that rainy day has come and stayed and billion has The Saudis dwindling bank accounts are only one sign of the hard times hitting the worlds big oil A worldwide Associated Press survey finds evidence of the oil slump everywhere from the hundreds of thousands of foreign workers being kicked out of the to the gourmet cheese no longer let in from food price increases for peasants to touristclass tickets for oil The downhill skid began in when world wide recession cut sharply into demand for At the same consumer balking at the OPEC oil cartels high managed to reduce oil needs further through World production slid from 63 million barrels of oil a day in 1979 to 54 million barrels last year Prices went from an OPEC average of 50 per barrel in 1981 to on the spot market The recession has but leaner economies now need less oil than And prices stay low because of stiffer competition from such oil producers as Mexico and Britain not members times hit petrostates August SA of the Organization of Petroleum Exporting The backlash catches not just the oil The big construction company Bechtel which cashed in on Saudi Arabias ambitious development has suffered a 39percent drop in revenues as the Saudis scale down those Countries such as Egypt and Jordan that long depended on money sent home by emigrant workers in the Persian Gulf oilfields now find the workers themselves coming But the most dramatic change is in the oil countries Here is a natfonbynation sampling Saudi Arabia Although its sands hold one quarter of the worlds known oil Saudi Arabia today pumps less oil than Britain 22 million barrels a compared with As production plunged from a peak in annual Saudi oil revenues crashed from billion to a projected billion this Kuwait The oil income of 1980 is now barely half Land prices in this once booming oil emirate have fallen by 50 and new office construction by the Central Bank of Kuwait Libya Revenues that reached billion in 1982 are estimated to have slipped to billion last But the impact on Moammar Khadafys north African oil power is not Mexico It has been one of the few oil producers with relatively steady because of rising but Mexico nonetheless is struggling through its worst economic crisis in Venezuela In an oil boom country wnere unemployment was rare just a few years at least one Venezuelan worker in six is now Nigeria The oil slumps human impact is most visible in this teeming African nation of 80 million where production declined from million barrels a day in 1979 to million last In Nigeria expelled 2 million foreign mostly other west This it completed the ordering the last of the illegal aliens Indonesia The poorest of the OPEC Indonesia introduced valueadded and other sales taxes to try to make up for depressed petroleum Some oil states have escaped the harshest ef NBC mulls CNN rival LOS ANGELES AP NBC has considered launching an all news cabletelevision network to compete with Ted Turners Cable News NBC News President Lawrence Grossman The project has been under consideration for the past month or Grossman and a decision is expected before the end of the He described the project as still a long The network began soliciting reaction to its plans earlier this week during a meeting of its television station affiliates board in New Satellite News a joint venture of AmericanBroadcasting and Group W Westinghouse Broadcasting briefly competed with who paid million for the operation and closed it down two years Briefly Hormel strike worries residents AP Fifteen hundred meatpackers struck Honnel on refusing to accept the same wages paid at other Hormel plants in spite of a company threat to move its headquarters out of The mood here is of grave ap prehension and fear about the un certainty of whats Lawrence a psychologist at the Mower Mental Health Center in said Maier said the mental health center has had an increase in cases since the labor dispute began about 10 months ago at which provides one out of four paychecks in this southern Minnesota town of Everybody in town is talking about Maier Theres no question its on everybodys Members of Local P9 of the United Food and Commercial Workers union went on strike at Saturday after overwhelmingly rejecting Hunnels final contract offer earlier in the Hormel offered to pay Austin workers a base an hour starting which matches the wage at nine other Hormel union The industry average is to an the company The union also opposes a company request for concessions on attendance control and plant Reagan says farmers get confused signals SANTA i API President Keagan criticized Americas farm programs on Saturday for sending confusing signals to farmers and distorting the In his weekly radio address delivered from his mountaintop ranch near Reagan also called for increasing farm exports to ease the burden on American Reagan is spending a 23day vacation Discussing the plight of the far Reagan said a major con tributor to the problem is the federal program designed to help For years now federal farm programs have distorted the and sent confusing signals to far Interventionist commodity programs have encouraged farmers to produce more than the market will Reagan reiterated his ad ministrations position to work to boost farm The world market holds the potential for increasing opportunities for our he But we must have a farm policy that maintains our Through our trade we must ensure that farmers have full and fair access to all foreign That is one of the federal govern ments greatest First Dorothy returns to Oz SOUTH AP Like Dorothy returning to the Emerald the silver screens first Oz heroine led a parade of 500 children Saturday as Mount Holyoke College Summer Theater kicked off its annual adaptation of the fantasy Riding in a convertible in a white sequined Romola Remus waved at the cheering crowd lining the quartermile parade Each the college theater adapts one of Frank Baums 14 Oz This years third annual which opens is based on The Patchwork Girl of now a church organist and music teacher in had faded into obscurity like the 1908 silent film Fairylogue and Radio Plays that she made under Baums She never portrayed the character of Dorothy Since that Dorothy has not returned to and wed like to welcome her back to the Emerald said theater director Tom handing Dunlap a green wooden key to South which town fathers have renamed the Emerald City for the plays Adult Oz buffs applauded and young some dressed as characters from the stared Dunlap thanked McCabe and said she was too moved to make any prepared McCabe said he chose to adapt Baums Oz books for Mount Holyokes childrens plays because he was enchanted with them as a I think its the most magical of all adventures Ive he He wrote them so the last half of the book could be performed on Leak shatters image AP The leak of toxic gas from Union Car bides plant here that sickened 135 people has raised new questions about the safety of an industry whose image was shattered by a deadly leak in and has undermined claims that it cant happen The leak a week ago also has polarized public opinion in an area dubbed Chemical a 25mile stretch along the Kanawha River around Charleston that is dotted by at least 13 major chemical But by weeks local officials who initially criticized Carbides slow response to the leak already were talking about riskbenefit ratios and Union Carbide importance to the local About 500 to 600 marchers paraded through nearby South Charleston on Saturday in a show of support for Union They included several city council members who said they think the jobs Carbide out of the valleys chemical far outweigh threats posed by the The leak released a cloud of the pesticide ingredient aldicarb an and methylene a suspected Six workers RAPID ROOF II HAIL RESISTANT FIRE RESISTANT FOR MOBILE HOMES ULAPPROVED SEAMLESS EFFICIENTReflects 85 ultraviolet heat rays VERSITILITYMay be applied to Asphalt Shingles Roofs GARY KORNDORFFER 8994269 KEENE WILSON 8479132 Rusty Brandts Problem Heavytraffic carpet to IN 350 ROOMS Brandt manages the wellknown CAMP WARNECKE His Solution Im glad I called the professionalTerry His regular carpet cleaning and care keep Camp Warneckes carpets much We need his protection of our big carpet investment CALL TERRY FOR FREE ESTIMATE 6291322 i 1630 Highway 81 West Schlitterbahn Pizza Parlor Open to Public 8 12 PM I North Libery and Garza Giant Hot Tub and Arcade PiflM1 Md Wadin Pool Live Music Nightly Video I Buy any Get Smaller Size For f Miwt Hive Same Number of Ingredients Does not Apply to Mini Valid thru and 129 residents were hospitalized for throat and lung A smaller leak at Car bides South Charleston plant two days later caused a brief scare but no serious An estimated people died in Decembers methyl isocyanate leak at Union Carbides plant at During a February visit to West company Chairman Warren Anderson said a similar incident could never happen where MIC also is Following last weeks many residents arent so Theyre getting a little bit said Hilda of I know better than to sleep with the window Ive lived in Charleston near the South Charleston plant and Ive lived knowing that Carbide could be detrimental to my health but Bhopal made us more said Freda who lives about 75 yards from the Institute plants eastern In addition to providing chemicals used at Union Carbides Institute and South Charleston plants intermediates later turned into such household and farm goods save FREE INSTALLATION Decorator Colors To Choose From 1st Quality 1 Mini Blinds Made To Fit Your Windows Manufactured Warranty to 3 Week Delivery CALL NOW FOR FREE ESTIMATESALE ENDS 15th 6296100 Open 91 659 Landa New Braunfels Measure Your Entertainment Budget Then Calculate Your Entertainment Savings With New Cable TV 0 SMI FREE To new subscribers with at least one premium service or 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