Weather at a Glance Odessa Texas Sees Heavy Rain Debut
Heavy storms drenched northeast Odessa and surrounding regions with up to 1.35 inches at home readings and 0.39 inches at Midland Regional Airport. Forecaster Mallory notes a 20 percent chance of storms tonight and Wednesday, with highs in the mid 90s and light to variable winds. Thunderstorms caused flooding in Midland Odessa, with reports of up to 4.25 inches in Thorndale and scattered showers across West Texas, the Red River area, and Southeast Texas.
MENTIONED IN THIS ARTICLE
Odessa
Central Fire Station
Roger Mallory
National Weather Service
Midland
Mallory
Northside
West Chess
Texas
San Antonio
Austin
West Texas
Thorndale
Midland-Odessa
White blasts Block drought relief denial in Texas
Gov Mark White urged U S Agriculture Secretary John Block to reconsider denying federal drought relief for West Texas counties. He said a nod of the head could grant relief to devastated farmers and ranchers, calling the decision arbitrary and changeable.
MENTIONED IN THIS ARTICLE
Austin
Mark White
U.S
John Block
West Texas
White
Block
Black
Odessa Amatican Daily Mail Subscriptions and Delivery Notice
Subscriptions to the Odessa Amatican Daily require second class postage costs. Delivery problems line shows a contact number 337 7314 and timing for inquiries. Prices listed include 81.00 and 54.00 though the fragmentary text is unclear on full details.
Interim rate approval eyed for Southwestern Bell
Phone Oct 11 briefing notes indicate if Southwestern Bell meets its filing schedule, it will probably be able to bond rates into effect by late January. The commission could authorize interim rates on Jan 1, a rare emergency move permitting higher charges pending final action.
MENTIONED IN THIS ARTICLE
Southwestern Bell
Commission
Bell hews to appeal ruling on rate case loss
Bell spokesman Dale Johnson said the company would decide by week’s end whether to appeal the ruling to the full three member PUC. The case hinges on a court order forcing Bell away from AT T by January 1, surrendering long distance revenue. Southwestern Bell has failed to justify divestiture related expenses to PUC examiners.
MENTIONED IN THIS ARTICLE
Bell
Dale Johnson
Holmes
At&t
Southwestern Bell
PUC
Firefighters battle two dwelling blazes in Los Angeles
In Los Angeles Monday evening, city firefighters fought two blazes at adjacent houses. Crews arrived as flames gutted structures, with no injuries reported. Authorities investigated the cause as crews controlled the situation by nightfall.
MENTIONED IN THIS ARTICLE
Los Angeles
Odessa banks report second-quarter asset and loan shifts
Odess a set of banks show mixed second-quarter changes with InterFirst and Bank of the Southwest posting asset declines while Bank of the West and Odessa Industrial Bank report gains in equity and assets. Loans, deposits and loan loss reserves varied across institutions, with several firms noting modest reductions in lending and deposits alongside small increases in reserves and equity.
MENTIONED IN THIS ARTICLE
NBC
Odessa
InterFirst Bank
InterFirst
Bank of the Southwest
State National Bank
Eoch of the Southwest
Texas Commerce Bank
WNB
Bank of the West
Equity
Odessa Industrial Bank
OIB
Odessa Banks Face Continued Struggles Amid Oil Downturn
Bank leaders warn of ongoing pressure from Permian Basin slump with deposits, equity, and loan totals down in 1982 second quarter. Metro Bank of Midland closure sparks FDIC actions and a new Mid Cities National Bank, while officials urge diversification and cautious lending to weather a fragile economy.
MENTIONED IN THIS ARTICLE
Fancher
Odessa
Permian Basin
Metro Bank of Midland
Robert Stewart
Stewart
Metro Bank
Metro
FDIC
Mid- Cities National Bank
Mid-Cities National Bank
FBI
Williams
Tapp
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