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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jul 01, 1983
Page
1
Texas jail standards inspector said the Ector County jail shows good faith improvements but requires more tuning. He noted overcrowding at about 80 percent of capacity with 171 beds and an average population near 160. Lighting and plumbing in the old section also lag behind the new wing.
Economists in and out of government welcome lower initial unemployment claims at 400,000, the best level since July 1981, hinting at a possible drop in the national jobless rate. Analysts urge caution, noting they want several weeks of data before declaring a sustained improvement.
MGF Oil Corp of Midland faces involuntary Chapter 7 bankruptcy after three New York debt holders, Stanford N. Phelps Kathryn Cimmino and Megan Mahoney, filed liquidation motions. Debentures totaling 75 million principal due May 1 1983 are unsecured. Trading paused, then resumed with shares near 15/16 to 15/8.
A 27 county region in West Texas endures an 18 month drought with only two inches of rain since last summer, threatening a half billion dollar agricultural economy. Officials seek federal disaster designation and emergency feed aid as ranchers warn of a coming shakeout and land sales escalate.
Traci Moore Missy Jacobs Raymond Granado Ken Manning Amy Harper and David Weaver Jr star in Whenever It Rains a celebration of Odessa's early years. The dramatization plays at 8 p.m. today Saturday and July 8 9 with a 2 30 p.m. matinee July 10 at the Globe of the
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