Bad loan data to be released by regulators later this year
U S banks must report delinquent real estate commercial and industrial consumer and farm loans for the three months ending today with 30 days to file. Regulators expect public disclosure by late summer or early fall after processing. The data will cover 90 day delinquencies and renegotiated loans with reductions and exclude confidential loan details.
MENTIONED IN THIS ARTICLE
Washington
James Benda
Independent Bankers Association of America
Mark Serepca
American Bankers Association
Benda
Society of American Business and Economic Writers
George Bush
World's largest satellite readied for shuttle flight in September
Greenbelt Maryland AP reports the Tracking and Data Relay Satellite, after months in space, was finally pushed into a 22 234 mile orbit two miles short of its goal but deemed acceptable. Engineers test the $100 million device in preparation for a September shuttle flight.
MENTIONED IN THIS ARTICLE
Greenbelt
House votes to curb Watt on selling mining rights
Washington AP reports a House action to restrict Interior Secretary James Watt from selling mining rights may be vetoed by the president amid a separate political dispute.
MENTIONED IN THIS ARTICLE
Washington
James G. Watt
American Odes Mail Subscriptions and Delivery Notice
Subscriptions for American Odes offered at 6 months 3 months and daily Sunday options with prices listed. Delivery problems contact number 337 7314. orders require second class postage and specify cutoff times for daily and weekend delivery.
Weather outlook for Texas turns hot with scattered storms
Fair and hot tonight with low near 70 and southwest winds 10 to 15 mph. Friday hot with highs around 103 and southwest winds 10 to 15 mph. An area of showers and thunderstorms crossed eastern Central Texas after a night of strong storms in North Texas, with reports of tornadoes and funnel clouds in some areas. Coastal Bend activity and light showers near Abilene noted. Pre-dawn temps in the 70s and 80s. winds mostly south 5 to 15 mph, gusts to 20 mph in West Texas. Afternoon highs expected in the 90s statewide, some over 100 in Panhandle and West Texas. Readings show no precipitation at Midland airport. June total 19 inches, year-to-date 2.36 inches. Extended forecast calls for mostly fair nights in West Texas, partly cloudy days in North Texas, and hot, partly cloudy nights in South Texas with 90s to 100s near the Rio Grande.
MENTIONED IN THIS ARTICLE
Texas
National Weather Service
Abilene
South
Rio Grande
Tornadoes batter Iowa towns cause injuries and damage
A Burlington resident tried to clear a tree dumped on his parked car after a Wednesday tornado. High winds and a tornado damaged area businesses injuring 25, with glass injuries at a local restaurant. Cedar Rapids also suffered store damage from a separate tornado.
MENTIONED IN THIS ARTICLE
Burlington
Iowa
Cedar Rapids
Braniff Unions Strike Deal With Hyatt Amid Plan to Restart
Three of Braniff International's four unions the pilots flight attendants and Teamsters have signed labor agreements with Hyatt Corp as the carrier seeks court and creditor approval for a 70 million rescue. The Teamsters say the pact includes about a 30 percent wage cut from pre shutdown levels and a profit sharing plan, with recall of up to 1100 to handle ground services. ALPA cites salaries roughly 60 percent below Braniff pay prior to the May 1982 shutdown.
MENTIONED IN THIS ARTICLE
Dallas
Braniff International
Hyatt Corp
Hyatt
Braniff
Joe Baranowski
Air Line Pilots Association
City housing chief outlines HUD policy disputes
Dillard said until now his salary was paid from Community Development Block Grant funds while he also runs housing programs. HUD urged prorating salaries, but the city favors 50 percent from Community Development and 50 percent from Housing Authority programs. Retroactive to June 1, 40 percent of the Housing Authority share would come from the housing assistance budget, 30 percent from La Promesa and 30 percent from The Landmark projects. A travel policy was adopted to satisfy HUD. The Girls Club bids for playground equipment were questioned, and Johnson is gathering purchase data. Double rent subsidies to two landlords remain unresolved.
MENTIONED IN THIS ARTICLE
Dillard
HUD
Housing Authority
Housing Assistance Program
la Promesa
Landmark
Barbara Johnson
South Grant Avenue
Johnson
Utilities plan raises spark debate on street lighting and rates
Officials from Stamford Rising Star and Monday cities urged restraint as the Western Texas Authority proposed a 10.97 percent hike in street lighting and public authority rates. Stamford taps Lake Stamford for municipal water, and leaders warn higher costs will ripple to consumers and elderly communities. WTA says much of the 26.5 million request funds construction financing including a 550 million coal plant in Oklainton. Abilene seeks PUC clarity on recovering financing costs before completion. Formal arguments set for Austin on Aug 22.
MENTIONED IN THIS ARTICLE
Stamford
Mark Watson
James New
Rising Star City Council
Walter Hertel
Monday City Ad
WTA
Oklainton
Abilene
Harvey Cargill
PUC
Austin
Also Mentioned on This Page
Ness
William Isaac
Federal Deposit Insurance Corp
Florida
Cape Canaveral
Fla
Kennedy Space Center
Kilauea
Volcano, Hawaii
U.S. Geological Survey
Hawaii Volcano Observatory
Observatory
John Dvorak
Royal Gardens
Miami
Florida Power & Light Co
Mexico City
Pemex
Congress
Jorge Diaz Serrano
Sonora
Institutional Revolutionary Party
PRI
Diaz Serrano
Jose Lopez Portillo
Chicago
Marine Corps Center
FBI
William Morales
FALN
Mexico
U.S
Dan K. Webb
Panhandle
West Texas
Midland Regional
Service of Commerce
National Weather Noaa
US Dept
Hi Lo Prec
Otik
Atlanta
Billings
Denver
Los Angeles
Mopls
St.Paul
New York
Phoenix
Richmond
St.Louis
Salt Lake
San Francisco
Seattie
Teamsters
Marvin Schlinke
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