Fed vote to ease money told a month later
The Federal Reserve’s policy makers split 8-4 to raise M1 growth to 5 percent in the July-September quarter, aiming to spur growth while preserving a slow money policy to fight inflation. Rates fell after the decision as the discount rate moved to a two-year low and M1 rose to 454.9 billion.
MENTIONED IN THIS ARTICLE
Fed
Owen Ullmann
Associated Press
Washington
Federal Reserve
Federal Open Market Committee
Former cashier pleads innocent in embezzlement case
COLUMBUS Ohio AP-Elizabeth Jane Boerger 49 head cashier for state treasurer pleads innocent to embezzling 1.15 million in state funds claiming amnesia. She released on own recognizance pending trial. charged with theft in office and tampering with public records covering 1977 to 1980.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Elizabeth Jane Boerger
Bonanno Associates
Odessa American notices fragment describes postal changes and dates
Fragment from Odessa American shows garbled postal notices and street addresses. It references a post office matter, changes of P0 box and mailing details, and faded publication timings. The text is unclear but indicates handling of address updates and publication details.
MENTIONED IN THIS ARTICLE
Fourth Street
Odessa
Texas
Osessa
Odessa Weekend Forecast Calls For Hot, Fair Weather
Weather outlook for Odessa in the weekend calls for highs in the mid to upper 90s and southeast winds 10 to 15 mph. A weak low-pressure system brought scattered thunderstorms Friday, while Wichita Falls hit 106 degrees as hotter air persisted across the state.
MENTIONED IN THIS ARTICLE
Odessa
West Texas
Wichita Falls
Panhandle
Odessa Inn of the Golden West to close after decline
The Inn of the Golden West, once a premier Odessa lodging and dining site, faces closure after sharp decline since June when Maloney took over. A planned $6 million interior renovation was halted as ownership changed hands from James Baggao to Maloney and partners.
MENTIONED IN THIS ARTICLE
Inn of the Golden West
Maloney
Odessa
Pinky Roden
James Baggao
Baggao
Golden West Enterprises
Demise of a Hotel Under Maloney Group Ownership
The purchase by Maloney's group shifts ownership from Baggao's to a debt-backed stake involving Pinkie's Inc Interfirst Bank of Odessa and Investment Ideas of Calif The cash payment totals 200000 with a 350000 ten year note The new owners plan to keep banquet facilities open for civic groups while lodging and most food services close The group will continue debt service and has no bankruptcy plans
MENTIONED IN THIS ARTICLE
U.S
Maloney’s Group
Baggao
Pinkie’s Inc
Interfirst Bank of Odessa
Investment Ideas of
Calif
Maloney
Fed reports money supply rise may pause rate slide
The Federal Reserve said M1 money supply increased by 1.4 billion in mid August, sparking analysts to forecast a temporary halt to the summer decline in interest rates. Economists noted rates had fallen to their lowest since 1980 as M1 climbed to 454.9 billion, a rise anticipated by markets.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Fed
Maury Harris
of Paine, Webber, Jackson & Curtis Inc
Former congress page denies sexual misconduct claims
Leroy Williams, 18, a former congressional page, told a news conference that allegations of homosexual relations with three congressmen were lies. The ethics committee probes, a taped interview was subpoenaed, and Williams previously failed an FBI lie detector test while admitting he stood by his story. He was also charged with public intoxication after a theater incident.
MENTIONED IN THIS ARTICLE
Little Rock
Ark
Leroy Williams
Williams
Page Service
FBI
Committee On Standards of Official Conduct
Ethics Committee
Bob Scott
Midland oil fortunes and market forecasts echo in 1982 report
The piece outlines trader Leibovit and A.G. Becker observer Hahn forecasting a stock rally and possible retracement. It notes Williams and Scharbauer wealth in Midland, with Forbes detailing their oil fortunes, assets, debts, and public profile remarks amid broader economic concerns and political investigations.
Also Mentioned on This Page
Paul A. Volcker
Joseph Bonanno
Manhattan
Foley Square
Robert Sweet
Dover
England
English
Channel Swimming Association
Rudolf Isenschmid
Kloten
Switzerland
Santa Barbara, Calif
Reagan
Murray L. Weidenbaum
The
White
White House
Larry Speakes
Weidenbaum
Pentagon
National Weather Service
Midland Regional
Abilene
Alice
Alpine
Amarillo
Austin
Beaumont/Pt Art
Brownsville
Childress
College Station
Corpus Christi
Darhart Dallas
del Rio
el Paso Fort Worth
Longview
Lubbock
Lufkin
Marta
McAllen
Midlang
Palacios
San
San Antonio
Senenee
Victoria
Waco
Falls
42Nd Street
Dixie Boulevard
Natonal Weather Service
NOAA
US Dept. of Commerce
Golden West
Lied
Leibovit
Don Hahn
Reseach Markets
A.G. Becker
Chicago
Hahn
Steen
Oan Ate Ae
Mexico
Poland
Scharbauers
Forbes
Clarence Sr
Scharbauer
Midland
Permian Basin
John Hendrix
John Hendrix Corp
Hendrix
Clayton Williams Jr
Texas A&m
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