Reagan to jawboning bankers aim to cut interest rates
President Reagan plans direct appeals to bankers and financial managers in White House meetings to press for lower rates. He insists high rates cannot be justified by inflation and cites private sector confidence in continued inflation control as key. He urges Congress to pass the budget as agreed to boost confidence, while engaging with black students at Providence St. Mel High School and declining to make MLK Day a national holiday.
MENTIONED IN THIS ARTICLE
Baltimore Sun
Chicago
Reagan
White House
James A. Baker III
Midwest
Baker
Congress
Senate
Providence St. Mel High School
Overcrowded Texas jails strain state rule changes
The Ector County Jail will not finish renovation until November reducing bunks from 125 to 102 while 137 prisoners are housed. County officials report peak overcrowding at 160. some inmates sleep on floors. Similar strain hits Midland, Harris, and Nueces counties as Texas jail standards board moves to speed up releases and limit admissions.
MENTIONED IN THIS ARTICLE
Ector County
Carnes
Carns
Huntsville
Ellis
Midland County
Dallas Smith
Ector
Smith
TDC
Midland
Odessa
Rick Hartley
Nueces County
J.M. Escobar
Galveston County
Charles Wiley
Texas
Jack Crump
Texas Commission On Jail Standards
Oil income drops may affect homestead exemptions in Ector County
Ector County appraisal district officials warn falling oil prices could force revisions to homestead exemptions as mineral revenue declines for the first time in years. The board, which includes city, county, and school representatives, plans a meeting on May 19 to discuss tax rates and relief.
MENTIONED IN THIS ARTICLE
Jones
Ector County Appraisal District Board of Directors
Gurkha Regiment to Sail With Queen Elizabeth 2
British force to Falklands includes 650 Gurkhas from Nepal's 7th Duke of Edinburgh's Own Gurkha Rifles. The unit, famed for height averaging 5 feet 3 inches and wielding kukri knives, makes up part of the 5th Infantry Brigade aboard the Queen Elizabeth 2 for a two week deployment amid the Falklands conflict.
MENTIONED IN THIS ARTICLE
London
Falkland Islands
Britain
Nepal
7Th Duke of Edinburgh
Gurkha Rifles
5Th Infantry Brigade
U.S
Falklands
Argentina
Neal Murder Tied to Job Changes and Suspected Attacks
Mrs. Neal says no conflicts with Skelton beyond Joe quitting his job. Friends note Neal and Fowler left Husky Steam Cleaners for American Sales and Service Steam Cleaner, taking oilfield customers. A Molotov cocktail was tossed at American Steam Cleaners. no charges filed. Police and federal agents, plus the Texas DPS, led the probe.
MENTIONED IN THIS ARTICLE
Neal
Husky Steam Cleaners
Fowler
American Sales
Skelton
Husky’s
Joe
Midland
John
Sheriff’s Office
Mine collapse traps two in two thirds mile underground
Rescuers worked to reach two men trapped 3400 feet below in the Magma Copper mine after a Monday collapse. Authorities said one miner was killed and hopeful crews would reach the remaining men today amid ongoing rescue efforts.
MENTIONED IN THIS ARTICLE
Superior, Ariz
Pinal County
David Warren
Magma Copper Co
Odessa American Classifieds Notice Line
The Odessa American provides daily publication, with subscription rates listed and a mailing address for address changes. This segment notes pricing in dollars and a post office filing detail for second class matter.
MENTIONED IN THIS ARTICLE
Odessa American
Odessa
Texas
P.O
Radiation cover up charged in Utah sheep deaths trial
Harold A. Knapp testified that a deliberate conspiracy hid results from radiation tests on sheep. The Utah ranchers' lawsuit argues fallout from Nevada atomic tests caused 4,390 sheep deaths in 1953.
MENTIONED IN THIS ARTICLE
Salt Lake City
Utah
Harold A. Knapp
Defense Secretary
Joint Program Office
Knapp
U.S. District Court
Nevada
Thunderstorms forecast for Odessa and Texas area
Forecasters predict wind and thunderstorms for Odessa on Wednesday with a 20 percent rain chance, gusts up to 30 mph, and highs in the low 80s. Texaswide, scattered thundershowers expected, with highs mainly in the 80s and Big Bend reaching the 90s.
MENTIONED IN THIS ARTICLE
Odessa
Texas
Big Bend
National Weather Service
Midland
West Texas
Panhandle
Hi Lo Pep Abilene
Alice
Alpine
Amarillo
Austin
Beaumont
Brownsville
Childress
College Station
Corpus Christi
Darhart
Dallas
del Rio
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Fred Barnes
Martin Luther King Jr
Michigan Avenue
Hicago
John Skelton
Bob Fowler
Michigan
Lansing
Mich
Michigan Senate
William Milliken
Wall Street
Washington
American Heart Association
Columbia
Fourth Street
NOAA
US Dept of Commerce
el Paso
Fort Worth
Galveston
Houston
Longview
Lubbock
Lufkin
Marfa
McAllen
Palacios
San Angelo
San Antonio
Shreveport,La
Stephenville
Texarkana
Tyler
Victoria
Waco
Wichita Falls
Wink