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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Aug 05, 1987
Page
1
U S benchmark crude drops 19 cents to 21 97 a barrel in a narrow trading range after a 79 cent rise on Monday. light trading dominated by speculators taking profits amid plans to protect Kuwaiti oil tankers in the gulf.
The Texas Alcoholic Beverage Commission recommended canceling the Doll's House liquor license following a May Austin hearing. The club faces a 20 day window to file an exception while defense witnesses argued for keeping it open, citing retaliation in the probe of local gambling and alleged drug dealing.
Odessa officials scrapped a proposed 2 cent property tax increase after City Manager John Harrison said revenue from other sources will be higher than expected. The 43.23 million dollar budget avoids layoffs but will eliminate 12 positions if adopted later this month. The current tax rate of 48.65 cents per $100 remains likely. Harrison cited a larger certified tax roll by the Ector County Appraisal District and a $200 thousand expected rise from a state sales tax expansion.
Saudi officials say thousands of Iranians in Mecca for the hajj plotted to seize the Grand Mosque and compel pilgrims to name Ayatollah Khomeini as their religious leader. First planeload of Iranian pilgrims wounded arrived in Tehran as Iranians claim Saudi blame for the deadly clashes.
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