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New Braunfels Herald-Zeitung (Newspaper) - October 13, 1985, New Braunfels, Texas 3month Treasury bills w6eKly average interest rate 5 26 2 9 16 23 30 6 13 20 27 July Bu stness October Page 6A Hawaiis grand opening Charlie Anderson of Howell Furniture talks with Bill Warner of the New Braunfels Chamber of Warner was at the LESLIE grand opening of the furniture store Friday along with five other Chamber blue coats to welcome the new Southwestern Bell expands its mobile network SAN ANTONIO Southwestern Bell Mobile Systems SBMS has begun a million expansion program that will enhance the ser vice increase the capacity and enlarge the The ex pansion which calls for six new will bring the total number of cells to On 14 SBMS received per mission from the Federal Com munications Commission to increase the potential coverage area to ap proximately square A week SBMS officially launched the expansion program by turning on a new transmitter midway between Lackland Air Force Base and the town of That transmitter plus three others SBMS plans to construct later this year will enlarge the initial coverage by 46 With these four additional the actual coverage area in San Antonio will serve almost of the potential square Two other transmitters one due to be constructed next montth and one in early 1986 are being built to enhance internal system capacity They will be located within the existing coverage area near the San Antonio airport and in the downtown the six new transmitters will increase the cellular systems potential callhandling capability by almost 55 This expansion is a direct response to the San Antonio said John At president and CEO at In we surveyed cellular users on which locations they would like to see added to the Caslroville became part of the cellular coverage area when the transmitter near lackland Air Force Base was installed in Once the remaining transmitters are turned the San Antonio cellular coverage area also will include the surrounding towns of Cascade Canyon Lake and Cellular service operates by dividing a city into small geographic areas called each served bbby its own lowpowered radio tran As the caller drives across the service each call is automatically passed from one cell to without noticeable in Headquartered in SBMS is a subsidary of Southwestern Bell Corporation of SBMS has built and now operates cellular phone systems in DallasFort Kansas Oklahoma San Antonio and The company also is involved in the reselling of cellular As a the SBMS Retail Division purchases cellular service wholesale from a system then offers both the service and cellular telephone equipment to customers at retail The divisions reseller markets include the six cities where SBMS itself operates cellular net as well as seven markets served by other system operators Los Miami and West Palm Urban New Crescent complex Downtown alternative DALLAS AP of downtown buffering new businesses and rundown towers the a triangular complex its developers say will become a nucleus for a city of The Crescent is personified as said Phillip one of the who describes the complexs design as turnofthe century Texas with French ar chitectural He and the other developers believe cheaper costs and total community planning will make the Crescent a popular alternative to downtown Built on a 10acre site beginning in the Crescent consists of a three tower office a 218room hotel and a threestory retail Shepherd estimated total costs at One of the office towers opens next month and the other two are scheduled to follow by the end of the The hotel opens in late December and the retail center should be ready for shoppers soon The areas split personality ap parently has had little impact on the multiuse which is fast acquiring tenants while other completed offices in Dallas stand The million square feet of office space is 54 percent leased before one desk is moved into Jerry whose leasing firm rents out the office had predicted that about 50 percent of the space would be leased by the time the It is outperforming the Fults This building will out perform any that weve done The office building is next to an elaborate marketing center and Fults has two leasing agents working fulltime on the Crescent the lavish is the single most important eminity to the project because it offers lodging for out food and he Another selling point is the underground parking providing more parking space than generally is available in the heart of downtown Expansion options are available for larger tenants with longer and some tenants will get free rent for a year to offset moving Fults Such extras are designed to make the Crescent attractive in a highly competitive Rental rates range from to a square foot plus which he said is cheaper than rates in the central downtown Although the Crescent sits outside the traditional boundaries of Fults said it is changing the face of the It is pulling the westside of downtown to Triangular in the project overshadows the rest of the neigh borhood northwest of retail and businesses line the surrounding streets and older homes sit near The architecture diverts from the path of glassbox buildings that line the citys downtown Shpeherd described the style as eclectic modern with an eye on the It is graceful and Shepherd Its a nondepleting Its not a building to be The Crescent represents the largest single limestone structure built since the Empire State and its limestone comes from the same quarry in Indiana used to build the Manhattan land he All three complex divisions have slate mansard roofs shipped from a quarry in and the buildings are trimmed with intricate metal We tried to get personality in the so people would accept Shepherd What we wanted to do was bring that feeling of a historical root to the said Robert architect and partner with Shepherds The project was developed by Shepherd and Rosewood Properties a division of Rosewood Shepherd and the Rosewood cor poration are developers of the Mansion in Dallas and the Remington in Shepherd and Philip Johnson of New York were the main architects of the Traub said the offices buildings were designed to face the others away from The two outside towers are 18 stories high and the center one has 19 The project is scaled down as it stretches away from The hotel sits in the middle with an avenue dividing it from the office Fults and Shepherd believe the coupled with careful planning for the rest of the will help create a new center for will be the first true urban society in the Fults He said the Crescent and additional restaurants and retail shops planned will make it feasible to live in Dallas without having to commute to work by Shepherd said he believes the various shops and galleries in the complex also will appeal to suburb It will be a neighborhood he We trying to bring back the nucleus that the city We trying to get the urbanism you dont find in many With good it will be a place you can go It will have a street It represents a 24hour place to be in Traub Until this we felt the city was in need of Graham promoted Detex manager Lee Graham has been promoted to manager of quality control for the Detex according to an announcement by vice In his new position Graham will be responsible for accomplishing the companys objectives of improving and maintaining the reliability and performance of its Graham joined Detex in 1981 with a bachelors degree in business ad In a related Jim who joined Detex in will assume additional responsibilities as supervisor of the machine This is in addition to bis present role as supervisor of the watchlock and print Detex is headquartered in New Braunfels and is a major manufacturer of watchlocks and industrial security hardware Westpoint announces fourth quarter earnings WEST Sales of million for the fourth quarter ended were down about two percent from million of a year Lanier Chairman of WestPoint Pepperell Net income for the period was million 88 cents per share com pared to million per or about 16 percent below last Twelvemonth sales were down percent from the previous and net income was million per share compared to million per share last for a decline of 49 More than 80 percent of the sales decline for the year was in the ap parel fabrics segment of our Lanier 4th Quarter Compared to last fourth quarter operating profits improved in all major product lines except in woven apparel Lanier Sharply increased sales in car pets led the household fabrics segment to a 24 percent earnings increase for the Although bed and bath sales were down slightly from a year operating rpofits increased reflecting further manufacturing efficiencies and lower raw materials Selling very competitive in all houehold lines and show little change from year ago Lanier Industrial fabrics were at breakeven in the fourth quarter compared with a small loss a year Sluggish markets persist for the fabrics sold to the manufacturers of abrasive and rubber products and to many other industrial Lanier The outlook in the apparel segment is a mixture of improving trends and margins in the knit line but with a very weak demand for many woven While steps taken to reduce woven capacity in 1985 should substantially reduce or eliminate losses in we do not expect profits soon to be at a satisfactory level because of the import Our outlook for fiscal year 1986 is naturally tempered by the tremendous dislocation caused by these excessive imports and the poor market conditions experienced during most of fiscal Never the stronger trends in our household fabrics lines should produce improved profits in the first fiscal quarter of 1986 fending 30 as compared with the earned in the same quarter of last These increases should be even more significant for the first half giver the severely depressed level of profits last year for this Texas Instruments develop speech verfication DALLAS A speech technology development program was announced recently by VoxTron and Texas In struments at the American Society for Industrial Security annual con ference in The joint announcement discussed the incorporation of TIs voice verification technology in VoxTrons Veritron Series a voice activated access control The Veritron Series 1000 is a biometric system based on the technology of verifying an in dividuals identity using the unique is one of the surest available since only the verified voice can activate the The voice is the key which cannot be stolen or according to George president of a subsidary of the Texasbased Detex which has been making security system products for over 60 Detrex headquar tered in New is a major manufacturer of Watchlocks and Industrial Security Hardware marketed throughout the and We chose to work with TI on developing the speech technology portion of our system because of TIs leading edge research and expertise in voice said TIs recently announced BusinessPro computer is ideally suited for application because of its expandibility and he We believe the features of TIs speech technology as a part of VoxTrons unique application soft ware will serve an important func tion in todays market where security is a major said The Veritron Series 1000 uses either the TI Business Pro or the TI Professional Computer as the systems central processing depending on capacity Sophisticated applications soft ware developed by VoxTron provides the access control and reporting features of the BusinessPro is a trademark of Texas Instruments VoxTron and Veritron Series 1000 are trademarks of VoxTron In Sesquicentennial calendar developed Southwestern Bell Telephone has developed a sesquincentennial calendar to help Texas celebrate its 150th The company is selling 1986 calendars which feature sketches of historic Texas landmarks and some of the states most notable The detailed drawings were done by Texas artist Norman who for years illustrated many of Bells Yellow Pages directory All proceeds from the calendar sales will benefit the Texas In dependence an antique touring train which will be a major activity during the states sesquin centennial The calendars are available in desk and wall The desk calendar features 51 Baxter drawings which represent more than three decades of the Houston artists Included are such landmarks as the State the the San Jacinto LBJs birthplace and The desk version sells for plus for postage and The wall calendar includes 12 Baxter Each drawing is accompanied by a caption pastand presentday history of Price of the wall calendar is plus for postage and Customers can purchase a calendar by sending check or money order no please to Texas Box Texas Customers are asked not to include calendar orders with their phone bill Funds raised by calendar sales will be used by the Texas Independence Express organization to complete restoration of the antique engine and rail cars and to help pay for operating costs in
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