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Odessa American in Odessa, Texas

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Oct 10, 1981

Page

1

Bell Raises Texas Residential Rates Ahead of PUC Ruling

Southwestern Bell announced a $2.80 monthly rise for one party residential service in Texas effective Oct 20, despite no PUC decision yet on its request for a $469.8 million hike. Bonded rates total $246.9 million, mirroring staff recommendations, while long distance increases were avoided.

Austin Southwestern Bell Texas Public Utility Commission PUC Bell Commission PAC J. Carlin Brandt Paul Roth

mournful Cairo funeral joins Sadat peace vow

In a somber Cairo, the United States and Israel pledged to work with Egypt’s new leadership to advance Sadat’s peace process. Egypt tightened security as world leaders gathered for Sadat’s funeral, with events unfolding over the weekend in the capital.

Cairo United States Israel Egypt Anwar Sadat Sadat

Inflation slows at wholesale level to 2.2 percent yearly pace

The government reports a 0.2 percent September rise in the Producer Price Index for finished goods, marking the lowest annual inflation in over three years. Energy costs rose 0.6 percent, while food prices at early production stages hint at further relief for shoppers, and analysts see no imminent surge in prices before year end.

Washington White House James A. Baker III Labor

Federal fraud costs government millions

A GAO study covering Oct 1 1976 to Mar 31 1979 found 77 211 fraud cases in 21 federal agencies with an estimated 150 million to 220 million in losses where monetary figures exist. Defense and Social Security agencies bore most cases. 29 percent by federal employees, 18 percent by recipients, 12 percent by corporate entities, and 3 percent by state locals or grant recipients.

Washington General Accounting Office GAO Department of Defense Social Security Administration U.S. Postal Service Department of Agriculture Defense Department Postal Service New York Uncle Sam Laventhal & Horwath

HUD to cut FHA VA mortgage rate ceilings on Monday

HUD chief Samuel Pierce says government will lower ceilings on single family level payment loans to 16.5 percent and 17 percent for graduated payment programs, signaling potential easing of historically high rates. Lenders call the move welcome as private rates still trend upward.

Washington Reagan Administration Federal Housing Administration Veterans Administration HUD Mark J. Riedy Mortgage Bankers Association of America The Federal Home Loan Bank Board

Also Mentioned on This Page

Kenherman Associated Press Goren BA Entertainment Eae Donald Ratajczak Richard Irwin Kirk Young Irwin Steel Erectors Inc Ondjfmam Jjas Dept.of Labor Samuel R. Pierce Jr Secretary of Housing and Urban Development Chet Carrier
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