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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Dec 06, 1984
Page
9
Mexico's finance ministry announced an immediate peso devaluation, increasing the daily rate from 13 to 17 centavos and lifting annual devaluation from 23 percent to just over 30 percent. Officials cited the move to boost exports and reflect economic needs.
A pair of winter storms threaten the Northeast as arctic air drives temperatures down to 14 below and heavy snowfall spreads from Arkansas to New York. The weather system, merging over West Virginia and Delaware, prompts winter storm warnings while authorities warn of dangerous slush and possible blizzard conditions extending into Vermont, Massachusetts, Connecticut and Maine. Meanwhile elsewhere, the peso devaluation and Mexico’s sliding exchange rate remain under government management as inflation climbs and tourism shifts.
Five broadcasting companies apply for a Baytown UHF Channel 57 franchise. Baytown Communications Broadcasting Inc. Leonora Reys Nell J. Sanders Pleasant Spring Broadcasting Co. Villa Reeve Ltd. seek the permit. A pre hearing conference is set for Feb 1 1985 with a March hearing to follow. FCC Judge Walter Miller will issue a decision within six months, then go to an FCC review board for final approval.
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