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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Dec 29, 1957
Page
2
Odessa bankers realtors and officials forecast 1958 will bring steady growth with a little easing in money markets. Leaders like Perry Simmons Morton and Harroun cite stronger Christmas business, expanded banks, new buildings, and continued oil and petrochemical driven development across Odessa and the Permian Basin.
Odessa planners predict a 1958 surge with more than 10 million dollars in new general construction. Projects include Town and Country Shopping Center expansion, a 2.3 million Permian High School, a 2.5 million annex to Medical Center Hospital, a new filtration plant, Peterson and Crescent Park developments, and major school additions. Local developers forecast hundreds of homes, new churches, shopping centers, drive to finish existing centers, and a push for a four year college future. The city aims to add 72 classrooms to accommodate about 1,800 more students next year.
Odessa owners Helen and C. D. Busby of 2205 East Eighth Avenue announce a half million dollar expansion for their new 25 lane bowling alley built last fall. They plan a IS-alley addition to handle business with construction expected to start in January. Nearby United Motels Corp faces a similar need as it bids for a limit addition to the Desert Sands Motel at East Second Street and Dale Avenue.
TEC office in Texas noted a quiet week due to holidays with 65 new applications, down from 146 the prior week. Job placements fell about 25 percent to 127, with gains versus last year’s Christmas week when none were placed. unemployment claims totaled 183, down from 219 the prior week.
The Soviet Union, Red China and allied states including East Germany Poland Hungary Czechoslovakia Romania Outer Mongolia Albania North Korea North Vietnam and Bulgaria signed a pact urging Communist journalists to strengthen ties with colleagues from capitalist countries to bolster the Soviet campaign for peace and existence.
A municipal health bulletin lists 24 diarrheal cases and 12 respiratory infections during Christmas week. Included are six each for meningitis and pneumonia, five influenza cases, one strep throat, and numerous sore throats.
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