26 Dec 1986
Page 1
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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Dec 26, 1986
Page
1
City Manager John Harrison warned of a slow recovery through late 1987 as the city trims openings to save money. With 45 vacancies across departments, the 849 full time staff earn about 20.6 million annually. Fire and Police seek 13 and 18 posts, while sales tax rebates and Odessa’s exodus contribute to tight finances.
An OPEC oil production cut aimed at raising prices may alter USDA 1987 farm income projections. Gary Lucier of USDA ERS warned higher prices could reduce farm production costs further and could push earnings lower if price gains come late or are small. The impact hinges on how much and when prices rise.
British owned tanker Syneta hit Skrudur rock at the Falkrudsfjordur mouth on Iceland’s east coast. Nine crewmen died, three are missing, one survivor died. Rescuers recovered six bodies as near freezing waters hindered search. The crew included six Britons and six Cape Verdians.
Iran rejected involvement in the hijacking of an Iraqi jet that crashed at a remote airstrip killing at least 62. A passenger reported cockpit explosions and gunfire. anonymous Beirut calls claimed various group responsibilities, with Iraqi officials alleging Iranian involvement. Iran’s Islamic News Agency condemned actions endangering passengers.
An IRNA report monitored from Nicosia Cyprus cites 62 dead after a crash at Arar desert airstrip northwest of Riyadh while Jordan lists 65 dead. The hijacking detail remains unaddressed with conflicting aboard passenger counts as authorities differ on the total aboard.
Retailers opened doors for the post holiday rush as bargain hunters flocked to major stores. Chicago police expected large crowds and a potential record day while Bloomingdale's in New York and Filene's in Boston reported steady lines and growing traffic. Washington area stores also anticipated busy shifts with suburban outlets already busy.
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