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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Jan 15, 1973
Page
2
Premier Golda Meir and Pope Paul VI met amid hopes the audience signals a potential Vatican Israel diplomatic link. Vatican sources said talks would focus on the Middle East and Jerusalem and may involve mediating an Arab-Israeli settlement.
Balmorhea City Council approved a six percent general rate increase for West Texas Utilities in residential commercial and industrial electric rates and a fuel adjustment clause for water pumping. The move excludes minimum bills fuel adjustments municipal rates and power interchanges. WTA manager Kenneth Schloemer said total company revenue growth will be limited.
The Stock Market Report notes a five percent rise will add about 2 2/3 cents daily to the average residential bill, per Schloemer. Since 1952, residential cost fell from 3.64 to 2.59 cents per kilowatt hour, a 29 percent decrease, while average residential usage rose over three and a half times. WTU, though initiating its first general rate increase, has voluntarily reduced rates 14 times previously.
In Fort Worth AP dispatch the Western Texas Utility, facing higher equipment service and labor costs, seeks rate adjustments effective March 1 1973. WTU estimates 7 million dollars spend for new facilities over five years as it stresses the need to cover interest costs and input price hikes. The piece also notes cattle market activity in Fort Worth and a line about Chinese civilization basics.
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