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Odessa American in Odessa, Texas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Aug 28, 1982

Page

1

Downtown Odessa Inn of the Golden West Closes

Inn of the Golden West in Odessa shuts down after failing to pass a civic center bond issue. Owners say they poured about 30000 from personal funds over four months and faced a collapsing oil economy and low occupancy. Four partners include W O Henry Bill Hutchins and James Freeman.

Golden West Odessa Civic Center William Maloney Maloney W.O. Henry Bill Hutchins James Freeman Midland

Midland mega rich listed by Forbes stresses oil wealth

Forbes ranks America's 400 wealthiest with 67 Texans and eight Midland addresses. Notables Wagner and Brown Oil Properties show assets at 1.1 billion, with cash flow and debt. Others like Fred M. Allison Jr., Carlton Beal, John L. Cox, and the Scharbauer family refuse comment, citing privacy and misfigured estimates.

America Texas Midland Forbes Jack Brown Cyril Wagner, Jr Wagner and Brown Brown Fred M. Allison Jr Allison Carlton Beal BTA Alision

Stock rally prompts mixed forecasts for Dow Jones future

The Chicago Sun Times reports a two week Dow Jones rally driven mainly by institutions, with analysts split on the market’s direction. Some see a two year surge, others warn of a big September plunge, citing volatility, bears, and shifting money supply as key factors.

Jerome Kdaszak Chicago Sun-Times Dow Jones Dow Mark Leibovit Chicago Freehling & Co DJIA William LeFevre Purcell, Graham & Co LeFevre Leibovit Granville

Sharon Rejects Palestinian State In West Bank Gaza

Ariel Sharon, Israel's defense minister, vowed that Israel will never agree to a separate Palestinian state in the occupied West Bank and Gaza Strip. The stance widens U.S.-Israel tensions after Israel's Lebanon invasion and notes a shift in Washington policy as Secretary Shultz signals room for negotiation.

R. Gregory Nokes Associated Press Washington Israel Lebanon Ariel Sharon West Bank Gaza Strip Tel Aviv George P. Shultz Sharon Jordan United Nations

Also Mentioned on This Page

Stadler Shearer Courts County Max Wilson Dean Whley Golden Rooster Club Rex Henderson Says Magazine Forbes Magazine John L. Cox Clarence Scharbauer Jr Rich Beemien Reagan New York Stock Exchange U.S. Mideast Shultz United States Middle East Camp David
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