Bankers see bright future despite oil price threat in Midland
Executives of Republic Bank Corp in Midland voiced long term confidence in the local economy amid oil price concerns. Chairman James D. Berry touted Midland and the Permian Basin as a prime, long life field with two banks in place. Bank president Thomas Wageman said the institution remains Midland’s major depositor and aims to expand lending, with $300 million available.
MENTIONED IN THIS ARTICLE
Midland
James D. Berry
Republic Bank Corp
Permian
Berry
Republic Bank
First National Midland
First National Bank of Midland
Federal Deposit Insurance Corp
Midland Bank
U.S. Comptroller of the Currency
RepublicBank
FDIC
Texas
RepublicBank Corp
Texas National Bank of Midland
Thomas Wageman
RepublicBank First National Midland
Wageman
Odessa construction activity dips in June but remains higher year to date
In Odessa, June construction values slipped from May and from June 1984, with May at 2.92 million and June 1984 at 3.23 million. First-half 1985 totals reach 21.83 million, up 13 percent from last year, aided by anticipated demand from Texas Tech University medical branch and its new medical school. Jimmy Moore of J L Moore Construction says activity is steady but not booming, with slim margins and lingering pain in the market. White House Lumber salesman Bret Coffee notes continued drop in building material sales, though the number of potential buyers appears to rise. New commercial projects totaling 1.31 million in June mark the month’s only uptick.
MENTIONED IN THIS ARTICLE
Odessa
Texas Tech University Medical Branch
Texas Tech Medical School
Jimmy Moore
J.L. Moore Construction
Moore
Bret Coffee
White House Lumber Co
Coffee
Finalists chosen for space mission
Ten teachers compete for one seat on a space shuttle flight amid unknown selection criteria. NASA will conduct a 45 minute final interview after physicals and training at Johnson Space Center, with candidates from Parkersburg West Virginia and Friendswood Texas among them.
MENTIONED IN THIS ARTICLE
Friendswood
Tex
Johnson Space Center
Washington
Crane trustees propose 21 percent property tax hike
Crane Independent School District supt Jack Gothard says the 21 percent hike, approved to cover April salary raises, will be finalized after a July 25 public hearing. A 2 percent city tax cut was urged by Crane City Council amid rate details and home value impact projections.
MENTIONED IN THIS ARTICLE
CRANE
Jack Gothard
Crane Independent School District
Texas Supreme Court upholds no pass no play rule
The Texas Supreme Court unanimously affirmed a Houston district judge ruling, backing the no pass no play policy that bars students from sports and activities if failing courses. The opinion says the rule incentivizes academic performance and aligns with a quality education goal for about 1,100 districts. Education Commissioner W N Kirby welcomed the decision.
MENTIONED IN THIS ARTICLE
High Court
Austin
Texas Supreme Court
Houston
Supreme Court
Texas
Also Mentioned on This Page
Bankers
Fronterhouse
Standing
Lathlaen
W.N. Kirby
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