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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jul 03, 1981
Page
1
Odessans celebrate fireworks sales with a red glare theme as stands along U.S. 80 report profits from 3000 to 15000 dollars per location this Fourth of July season, indicating strong consumer demand and festive business activity.
Wimbledon tennis returns to the court with the women's final set between two-time champion Chris Evert Lloyd and Hana Mandlikova. In the men's semifinals on Thursday John McEnroe defeated Rod Laver and Bjorn Borg edged Jimmy Connors to reach the final.
Odessa marks Independence Day with a five week schedule centered on a Saturday parade featuring dozens of floats themed Odessa 100 to honor the Texas and Pacific Railroad centennial. The celebration includes a 100-foot birthday cake, a courthouse grounds party, games, booths, tours, and various contests amid food stalls and historical displays. Local officials will speak on the courthouse steps, and volunteers from Optimists and Scout troops will award prizes.
The Associated Press reports a rare pre holiday price cut by major refiners with savings up to 3 cents a gallon as a glut and fierce competition trim costs nationwide. Exxon and Chevron lead reductions while Mobil raises prices in the west. overall national prices dip from March peaks aided by Saudi oil output.
Washington analysis from Walter R. Mears outlines the Gross National Spirit index by the American Enterprise Institute. It measures public attitudes on six questions and uses the Washington Monument as its symbol, noting a current optimistic trend and potential link to Reagan’s economic program.
AP Report: lawyers from cities, water authorities and airlines join the Public Utility Commission hearing on Southwestern Bell's 469.8 million rate request. Hearing examiner Carolyn Shellman presides as 17 intervenors, including American Airlines, MCI, U S Telephone, GTE, and numerous Texas groups, argue over rate structures and long distance charges ahead of hearings starting August 24.
In Dallas AP report, lawyers say the 1980s US Iran asset transfer ruling does not apply to Electronic Data Systems’ roughly $20 million damages award. EDS argues funds are attached in New York and will not go overseas, despite a separate $1 billion asset transfer to a tribunal under Carter era accords.
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