Stockman heads to Wall Street as Budget Office reshapes
President Reagan will see David A. Stockman depart the budget helm to join Wall Street. Acting director Joe Wright will take over until a successor is named, with Stockman remaining until August 1 to help break the budget deadlock on Capitol Hill. Possible replacements include Malcolm Baldrige, John Spahn, and Drew Lewis.
MENTIONED IN THIS ARTICLE
Washington
David A. Stockman
Reagan
Congress
Wall Street
Stockman
White House
Joe Wright
Capitol Hill
David Stockman
Office of Management and Budget
Edwin L. Dale Jr
Commerce
Malcolm Baldrige
B. Jay Cooper
Baldrige
John A. Spahn
Social Security Administration
Drew Lewis
Construction Permits Surge in June 1984 City Activity
In June 1984 construction activity included a $1.16 million total with new permits such as a $690,000 Goodyear Truck Tire Center at 1515 EF Pool Road. Commercial and residential renovations fell to $1.05 million from $1.34 million in May and $1.32 million a year ago. A $511,000 Albertson’s facelift at 1350 E Eighth St. was listed, Moore reported a $47,009 remodel of a medical office at 500 N Adams Ave, and a $400,000 downtown doctor’s complex is noted alongside a $67,000 alteration permit for Dr J D Cone at the third location.
MENTIONED IN THIS ARTICLE
Goodyear Truck Tire Center
Pool Road
Albertson’s
Eighth St
Moore
N. Adams Ave
J.D. Cone
Odessa Clinic Expansion Fills 40,000-Square-Foot Facility
Ronald E. Veatch, clinic business manager, said the Odessa Medical Surgical Diagnostic Clinic at 318 N Alleghaney Ave is full after adding a doctor to the third floor and two more to the fourth. In June, four single family homes were permitted for 184000, down from 14 homes for 1.21 million in May, and down from five homes for 336000 in June 1984. Mobile home permits last month totaled 372285, down from 428400 the prior month and under the year age total of 421641.
MENTIONED IN THIS ARTICLE
Odessa Medical Surgical Diagnostic Clinic
N. Alleghaney Ave
Ronald E. Veatch
Reversal of voting rights decision sought
The Reagan administration argues Congress did not intend the Voting Rights Act to guarantee black electoral victory in proportion to their population share. A 1982 amendment aims to ensure access to the electoral process, not guaranteed wins, in a North Carolina redistricting case before the Supreme Court.
MENTIONED IN THIS ARTICLE
Washington
Congress
Justice Department
Charles Fried
Supreme Court
North Carolina
High Court
William Bradford Reynolds
Civil Rights Division
Department
Bankers pledge more business in Midland after reception
Bank executives led by Gerald W. Fronterhouse, RepublicBank president, said Midland lacks sufficient business but hosts a Tuesday reception for about 300 bank customers and community leaders to signal plans for expansion. Gene Fiedorek, energy group head, foresaw oil price declines but stayed more optimistic than some analysts about crude from $20 a barrel in the next two years.
MENTIONED IN THIS ARTICLE
Gerald W. Fronterhouse
RepublicBank
Midland
E.C
Gene’’ Fiedorek
Fiedorek
Holding firm weighs oil price drops and profits
The group analyzes a potential $1 per barrel drop in year two and even a $5 drop when evaluating assets. Frederek notes ramifications while Charles Pistor, chair of the management committee, criticizes East Coast coverage. The second quarter shows net income of $35.5 million, up 10 percent from 1984, with shareholder equity at $1.2 billion, up 8 percent.
MENTIONED IN THIS ARTICLE
RepublicBank
Frederek
Charles Pistor
Crane district to raise taxes for 1985-86
Gothard announced a $2,500 tax increase for the 1985-86 budget. Hourly employees will receive a 50 cent pay raise. A Crane district beginning teacher earns $20,600 annually, about $5,400 above the state minimum. General operating expenses rose 3 to 5 percent over last year as the council prepared to vote on related measures.
MENTIONED IN THIS ARTICLE
Gothard
Crane
Crane City
City proposes 2 percent property tax cut in 1A vote
Crane Mayor Jack Atkinson said annexations and city improvements raised the tax base by 5.1 million dollars, enabling a proposed drop from 52.06 to 50.99 cents per $100 of valuation. Council set a July 18 public hearing on the plan.
MENTIONED IN THIS ARTICLE
Crane
Jack Atkinson
Weather update forecasts heat with scattered storms
The National Weather Service reports a 20 percent chance of thunderstorms tonight with partly cloudy skies and upper 60s temperatures. Thursday will be partly cloudy with highs in the mid 90s and light variable winds. Across the Texas Panhandle this morning showers and thundershowers occurred with fog in McAllen and low clouds elsewhere in the Rio Grande Valley and South Central Texas.
MENTIONED IN THIS ARTICLE
NWS
Texas Panhandle
McAllen
Rio Grande Valley
Texas
National Service
Panhandle
South Plains
Trans Pecos
North
West Texas
Big Bend
South Texas
Space agency to pick Challenger ride candidate from 10 finalists
NASA will select a prime candidate and back-up for a six day space shuttle Challenger mission next January from 10 finalists named after a national pool. The ten, survivors from 42,000 applicants reduced to 118 by state and territorial panels, prepared for interviews. final decision remains a mystery to them. Robert S. Foerster, 34, a West Lafayette teacher, said he cannot improve his chances now though he worked hard to prep for the first two rounds.
MENTIONED IN THIS ARTICLE
National Aeronautics and Space Administration
NASA
Robert S. Foerster
West Lafayette
Ind
Foerster
Space contest shapes ten hopefuls for NASA role
Foerster and ten participants discuss joining a space team with questions shaping NASA interview readiness. Sharon McAuliffe, a Concord teacher, wants to de mystify space flight and connect astronauts to students while Kathleen Beres, a Baltimore high school teacher, cites her adventurous life as an edge in the selection.
MENTIONED IN THIS ARTICLE
Foerster
NASA
Sharon McAuliffe
Concord, N. H
Kathleen Anne Beres
Kenwood High School
Baltimore
Also Mentioned on This Page
Austin
Energy Group
Boom
Marfa
Davis Mountains
Dallas
National Weather Service
Midland Regional
Odessa American
Fourth Street
Odessa
Odesse
Tess
Post Ena
Postaasven Seng
P.O. Bow
Home Delivery
Thu
New York
Hi Lo
Phoenix
Amarillo
Richmond
Ody
Sunda
Yale
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