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Odessa American in Odessa, Texas

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Oct 23, 1982

Page

2

Durable goods orders edge up in September

New factory orders for durable goods rose 0.2 percent in September, below expectations, according to the Commerce Department. The department also revised downward August orders, while chief economist Robert Ortner noted a small but positive September gain after a revised 4.4 percent drop in August.

Department Robert Ortner Commerce Department The Federal Reserve

Wall Street Grows Creaking Demand Amid Fed Signals

In the week to Oct 13 public climbed 3.2 billion, beating analyst estimates. Fed to hold reserves steady, rate outlook dampened by New York loan demand drop. National Steel’s Howard Love warns of fourth quarter losses despite a small rate decline aiding consumer spending. Dollar fluctuated globally while gold held near 426 per ounce.

Wall Street Federal Reserve Federal Reserve Bank of New York National Steel Corp National Love Japan Europe U.S

Audit findings prompt probe of executive perks at DOE contractor

An audit released Friday, requested by Rep. Dingell and Rep. Marks, highlights luxury benefits for Petroleum Operations and Support Services Inc. executives. Public official Guy King says he has not seen the report, and the company has not paid executive bonuses. DOE spokesman Bob White says the matter is being resolved and compensation levels set. The audit accuses mismanagement and taxpayer waste, noting country club memberships private school tuition for executives children furnished apartments and high living costs in New Orleans with salaries up to 48 percent above prior levels.

Guy King Petroleum Operations and Support Services Inc John Dingell D-Mich House Energy and Commerce Committee Marc Marks Rpa Mittee Energy Department Bob White DOE

Banks seek tax change for bank stock taxation

Texas bankers urged a legislative change to tax bank stock and align taxation with savings and loan associations. Spokesmen said current taxes are excessive and inequitable and asked that banks be taxed under the franchise tax like other corporations.

Austin Texas Travis G. Howard Texas Commerce Bank Houston House Howard

Sunny Weekend Near Odessa with Warm Temperatures Ahead

The Odessa area expects sunny skies and warmer weekend weather with highs near 70 today and mid 70s Sunday. NWS notes clearing skies across Texas, with Saturday highs mainly 60s to 70s, and upper 70s to 80s in extreme South Texas and the Big Bend. Readings from Midland show Friday high 67, low 37, no precipitation, and October rainfall 1.01 inches.

Odessa Texas National Weather Service South Big Bend Weather Service East West South Texas West Texas Panhandle

Five indicted in Gulf Oil extortion plot case in Houston

U S attorney says a woman promised immunity for information on a bomb extortion attempt against Gulf Oil Chemicals Co is among five Durango Colorado suspects indicted. Jill Renee Bird and John Marvin McBride lead the scheme with Theodore Duane McKinney Timothy K Justice and Michael Allen Worth. Judge Gabriel McDonald denied a protective order to preserve Bird immunity as grand jury proceedings continue. Government says Bird immunity was withdrawn after McBride failed to meet his bargain terms.

Gabrielle McDonald Ms. Bird McBride

Miners union takes 2.5 million line of credit

The United Mine Workers obtained a 2.5 million credit line from National Savings & Trust Co with a union parking lot worth 10 million in Washington as collateral to cover administrative costs amid a dues-based layoffs surge. The move accompanies a bitter presidential campaign between Sam Church and Richard Trumka.

Washington United Mine Workers Sam Church Gary Callen Church

Odessa American masthead and mailing notice

Publication details for The Odessa American include address in Odessa Texas, daily and Sunday publication, mailing class and subscription rates, and post office information. Includes postmaster address, delivery hours, and contact for delivery problems.

Fourth Street Odessa Texas Odessa American P.O

Also Mentioned on This Page

Howard Love Al-Ind-Esk-A Everett Harbor Wash Midland Regional North Inoaa U.S. Dept. of Commerce Abilene Alice Alpine Amarillo Beaumont Brownsville Childress College Station Corpus Christi Dalhart Dallas del Rio el Paso Fort Worth Galveston Longview Lubbock Lufkin Marfa McAllen Midland Palacios Presidio San Angelo San Antonio Stephenville Texarkana Victoria Waco Wichita Falls Wink Jill Renee Bird Miners Union Las Vegas Nev Harvey’s Lake Tahoe John Birges Sr Clovis Calif Terry Lee Hall Fresno Burleson Chester Smith Bob Green Huguley Memorial Hospital Jerry Ullrich Connie Stockwell Ben Webb Michael Webster Reagan Korea Vietnam Laos Thailand Cambodia United States O'Neill Bedford Hills N.Y Jennifer O’neill Northern Westchester Hospital Medical Center Bedford Town Anthony Costanzo Westchester Armando Galella Baltimore Philadelphia Norman Ramsey Walter S. Orlinsky Brigham City Utah Morton Thiokol Corp. A.L. Savoca Thiokol Morton Thiokol Here Odessa Y Imo
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