New Braunfels Herald Zeitung, December 12, 1985, Page 3

New Braunfels Herald Zeitung

December 12, 1985

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Issue date: Thursday, December 12, 1985

Pages available: 22 - 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: 312,053

Years available: 1952 - 2013

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All text in the New Braunfels Herald Zeitung December 12, 1985, Page 3.

New Braunfels Herald-Zeitung (Newspaper) - December 12, 1985, New Braunfels, Texas New Bfaunfelsjexas December 1 I agrees to buy RCA NEW YORK AP GE and two of Americas best known are planning one of the nations biggest cor porate a billion cash deal that would be the most expensive nonoil acquisition in The announced Wednesday night by General Electric would end months of speculation that RCA parent of the NBC television net might be the target of a hostile It also would bring together two companies known to millions of consumers for home appliances and create the nations seventhlargest industrial com pany based on combined 1984 revenues of nearly That would be the biggest acquisition in history outside the oil topping the billion pur chase of General Foods last month by Philip Morris Reagan to sign debt limit WASHINGTON AP President Reagan was set today to sign landmark legislation setting the national debt limit at more than trillion while mandating an end federal budget deficits by fiscal A White House statement said the president would sign the measure first thing in the morning as a battleweary Congress struggled to finish work for the year on needed money In the legislators considered whether to revive Reagans battered plan to overhaul the federal tax laws after it suffered a stinging 223202 setback on teacher settle over video AP A gym teacher fired for show ing classes a videotape of scantily clad male dancers for a lesson on aerobics has dropped her fight to be reinstated in exchGanle for in back pay and her lawyer In in back pay and retirement benefits and in medical disability Alice Zook wil stop clenging her 1984 dismissal and attorney Michael Radzilowsky said Limestone High School in just south of also agreed to drop an appeal of a courts order that it reinstate The 20year teacher was fired in April 1984 for show ing a Muscles in to more than 100high school The male dancers are clad in tight shorts or blue no shirts and bow Texas loses acres of state land annually AUSTIN AP The Texas Parks and Wildlife Department says space satellites indicate the state may be losing acres of open space each mostly to urban Considering the minimum average of acres annual loss from the cities studied and given there are 25 metropolitan it is possible that some acres of open space are being converted to urban development each said Craig director of planning program for the Parks and Wildlife He said portions of Travis and Hays counties west and south of Austin showed a 44 percent increase in ur ban building between 1973 and Northern Bexar Texas County and northwest portions of San Antonio had a 70 percent increase in urban the Dallas Fort Worth area expanded 21 percent between 1973 and Northern parts of Houston showed a growth of 50 said it also studied the conversion of high quality wildlife habitat from mlxedhardwood plne stands in East in a squaremile area near Lake Livingston the amount of clearcut acre clearance increased from acres to or 41 Neighbors description leads to arrest in killing Texas AP A neighbors description of a redandwhlte pickup truck seen in front of a murder victims house led to the arrest of two men and the recovery of several items stolen from the Investigators Clifton Eugene of the AthensCorslcana area and Earnest Ray of were charg ed Wednesday with capital murder in the slaying Tuesday morning of Melodie Lundgren wife of a prominent car Following their arrest in Belyeu and Moore were transferred to the McLennan County Jail Wednesday Justice of the Peace David Pareya ordered them held without United ticket is said to help Marcos foes Philippines AP Corazon Aquino today said her lastminute unified ticket with Salvador Laurel boosts opposi tion chances of defeating Presi dent Ferdinand Marcos in special and I see All of the antiMarcos votes will be consolidated now because there is just one Aquino told a news conference at Laurels hours after he registered as her vice presiden tial running The team we have forged offers not only but a realistic and powerful op portunity to But at the presidential Marcos I do riot of course expect them to win in the coming elec There is not one single survey out of about 100 surveys that have been conducted where they are projected to win in the Mexico gets millions in earthquake relief aid MEXICO CITY AP The National Fund for Reconstruction from the devastating September ear thquakes has received million in the government newspaper El Nacional reported Wednes It said the donations include billion pesos the equivalent of million at the current freemarket exchange rate plus million in I Damage from the 19 quake measuring on the Richter scale and a slightly less powerful quake the next day has been estimated at At least people El Nacional said the report was presented during a meeting of the Financial Affairs Committee of the Na tional Commission for The panel is headed by Treasury Secretary Jesus Silva jit said that 6 billion pesos about million already had been committed to repairs or replacements of schools and The committee also announced that economic incen tives would be provided to companies affected by the earthquake that maintain their work force at the same level as before the Three Texas cities make the top 10 AUSTIN AP Three Texas cities were among the top 10 national ly in total construction activity dur ing the first half of according to the Dun Bradstreet Dallas ranked while Houston was sixth and Austin ac cording to figures compiled by the During the Dun Bradstreet permits were issued in Houston for million in con an increase of percent from the first half of For million in permits were an percent But Dallas showed a sharp down percent to Ac cording to the it was the only city in the top 10 where construction activity Dallas had ranked second in the na tion for the first half of while Houston had ranked Austin also ranked seventh last New Yorkbased Dun Bradstreet issues quarterly reports on construc tion volume in the nations 200 largest those cities saw a percent increase in construction volume for the first half of The other top 10 cities and their rankings were Los first New second San fourth fifth eighth and The city showing the largest percentage change was where construction volume dur ing the first half of the year increased Austin has been among the top con struction markets in the country for the past 10 Gearhart Since when Austin ranked It has gradually climbed in the In Austin cracked the top ranking It slipped to 10th in then moved back to seventh in Austin was the na tions 72nd largest city in population Gearhart said Austins record of strong activity bodes well for the ci tys future despite fears of HvpaldZeltung USPS If you have not received your paper by Tuesday through Friday or by call 6259144 or 6581900 by 7 and 11 Published Sunday morning and Thursday and Friday afternoon by New Braunfels Herald Publishing 186 Castell New TX Second class postage paid at New Braunfels Herald Publishing 186 Castell New TX Dave Kramer Susan Editor Claude Shirlene Thornton Office Manager Sandi Hutter Cheryl Don Avery Circulation Manager Carol Avery Photocomp Foreman Gus Foreman Patricia YznagaKing City Editor Wanda Lasater Kaleidoscope Editor David Editor Subscription Rates Includes applicable sales tax Carrier delivery in Blanco and Kendall Counties 3 6 one Mail delivery outside Comal In Texas 3 months 6 one year Mail outside Texas 6 one year Postmaster Send address changes to Drawer New TX Government Guaranteed Guaranteed n to Insured Certificates 01 Deposit Effective 121085 Insured federal Income TaxFree Municipal may be suDjecHo slate or mcai taxes Ma and KEMH HetlreiMit Nam lated on anled lends Cur rent name is available thtouih your local Edward Jones m Federal regulations require a substantial Interest penalty for early Still Cvnninfham 1000 Walnut luitiF Ntw 71130 Federal probe exposes massive drug ring Page 3 A HOUSTON AP A federal grand Jury Indicted 44 a McAllen bank and two companies for their alleged roles in what authorities say is one of the coun trys largest narcotics and money laundering Two of the indicted are uncles of a man accused in the slaying of a federal drug agent last and authorities say the drug ring arid the agents killing may be This is probably one of the biggest narcotics trafficking rings uncovered in this Henry On assistant attorney in said Wednes If its not the biggest it aint far from The indictments returned Monday in San Antonio and unsealed Wednesday resulted from a twoyear probe spearheaded by the Houstonbased federal Organized Crime Drug Enforcement Task created in 1983 to uncover major narcotics rings break up drug money laundering Twentysix people were arrested In the case Wednes authorities The arrests included 21 people in South three from one in New Braunfels and one in The indictment was returned five days before At torney General Edwin Meese is scheduled to meet in San Antonio with Attorney General Sergio Garcia Ramirez Mexico to discuss drug imports from Mexico and snags in the Mexican prosecution of the man charged with the murder of an American federal agent in Members of the alleged drug ring devised a scheme to make extensive use of about 40 banks in Califor New York and the Cayman to launder millions of dollars in drug according to the 109 page The racketeering and drug trafficking conspiracy began in 1980 and involved the distribution of marijuana and methaqualone a hypnotic sedative in Quaaludes imported from Authorities say the ring imported more than a quarter million pounds of marijuana into the United and the indictments cited one shipment that contained methaqualone Profits from the ring were invested in real jewelry and a marijuana processing authorities Federal officials already have seized more than million in cash and other assets that allegedly were pro fits of the and Oncken said the word we have is that there is some million more than that still out Drug Enforcement Enrique Camarena Salazar was tortured and murdered In Rafael CaroQuintero has been indicted for the assassina tion and awaits prosecution in Mexico The first two of 44 individuals named in the Juan Jose QuinteroPayan and Emilio are uncles of the murder Oncken Federal authorities say they believe the drug ring may somehow be connected with Salazars We think there has been a relationship Its something were still looking said Marion special agent in charge of the DEA in Juan Jose and Emilio Quintero both of allegedly made large cash deposits in according to the The bank named as a defendant in the indictment is the Metropolitan National Bank of Two companies established in the Cayman Islands also were They were identified as European Com and Continental Alleged conspirators in the narcotics ring bought huge amounts of real estate and formed the companies to launder drug the indictment Also named in the indictment was Juan Frank who allegedly bought a home in Humble for about in cash in 1983 and had transferred the title to Ig nacia the mother of Juan Jose QuinteroPayan and Emilio a former elementary school teacher in Edin burg who authorities say is a and Jose Muniz of were primary American marijuana distributors for the according to the indict Garcia and Muniz are accused of operating a continu ing criminal which carries a maximum penalty of life in prison without possibility of Christmasl pt iff MENS WEAR Vflli Specials SLACKS All slacks are first quality from SANSABELT and HIGGINS SIZES 31 to 50 long Rise Off The Regular price of any slack in our stock TREE ALTERATIONS OUR ENTIRE STOCK Mens Felt DRESS HATS 25 Off OUR ENTIRE STOCK ISPORT SHIRTS Long Sleeve I Y ff IFRE SAVE Size SMLXL All Name Brands Off I The Regular price on any shirt in Wrap On Any Purchase RememberAt Ray Allens You Always Get the Finest in Price and Friendly MENS WEAR 6253241 204 San Antonio New Braunfels ;