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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Dec 15, 1981
Page
1
Utilities Director Bob Derrington says 40 percent of Odessa firms answered a survey to identify firms discharging toxic wastes into sewers. The city surveyed local businesses to trace pollution in the sewer system.
Global tensions push gold prices higher as trading opens in the Far East. The Dow Jones average falls 15.03 points to 871.48, marking its steepest daily drop since last September. Commerce data show rising unsold goods and a sluggish October, signaling a developing recession.
AP Analysis notes Israel rushed the Golan Heights annexation bill through as Begin, recently hospitalised with a broken hip, directed the move from a wheelchair. Analysts link the act to broader Cold War distractions, drawing reactions from Egypt, the United States, and Syria and raising fears of reprisals and U N sanctions.
U S intelligence officials report difficulty informing President Reagan about Poland due to martial law weather and other obstacles. Unconfirmed reports say 3 000 Solidarity leaders reportedly arrested in Warsaw, complicating judgments on Jaruzelski and Soviet plans as airports telex and press are restricted. The ambassador to Poland Frank Meehan is involved, page 2A.
Midland regional airport will gain two commuter airlines soon with Emerald Airlines and Trans-Central Airlines already operating. By year end, three more commuters and two major carriers are anticipated, boosting annual passengers beyond 521,381 while 1981 figures set an all-time high. Trans-Central serves Oklahoma City and Tulsa with 19-seat Metroliner III jets, Emerald flies Fairchild F-27s and will add DC-9s, and Continental acts as ground handler.
St Louis based psychologist Leonard Green a 34 year old behavioral scientist at Washington University studies rats and pigeons to test economic theory. He varies need income and leisure to see how animals respond to price changes in a lab work like setting using a button as the work task and food water or soda as income.
A study for Tax Analysts based on SEC filings found Chase Manhattan Bank Squibb Monsanto and Exxon reported large domestic earnings yet paid little or no U.S. taxes. Exxon disputes its 1.3 percent rate while AT&T and oil and steel firms also posted low tax rates according to University of Illinois law professor Richard Kaplan.
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