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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Jun 14, 1977
Page
11
An editorial cites Lawrence Berkeley Laboratory findings that indoor air can be more polluted than outdoor air. Common pollutants include carbon monoxide from stoves and cig smoke, nitrogen oxides from furnaces, vinyl chloride from aerosols, and solvents from cleaning and cooking.
Panama's IPAT reports 1977 marks the seventh year of rising U S visitor numbers with nearly nine percent more travelers than 1976 and an expected total of about 100,000. A returned visitor cites the unabashed friendliness of Panamanians as the key factor keeping tourism strong despite canal politics.
The piece reports fading inflation and rate fears boosting stock prospects while housing remains bewildering. Mortgage rates edged up slightly in May to 8.96 percent, with strong new home sales and booming existing home prices underscoring a conflicting housing outlook.
Column discusses home resale activity April data from the National Association of Realtors. California speculation noted as shifting pricing and midman role in purchases for quick profit. April resale transactions 310000 with value over 14 billion, 3.3 million annual rate, 17.4 percent above year ago. Over one third of resales above 50000, up from 10 percent four years earlier.
June 14 marks notable past events including 1775 U S Army founded by Continental Congress in Philadelphia authorizing ten rifle companies for one year. 1777 Stars and Stripes named national flag and 1846 Sonoma settlers proclaim California Republic.
Fragmented trivia item lists Grover Cleveland and Alfred E. Smith as historical figures while interwoven with garbled text about Rwanda a USSR length measure and a 1927 show tune. The passage ends with unreadable characters, suggesting OCR errors in a world almanac page.
In a Washington turmoil, sources allege the Yugoslav UDB covertly controlled the Serbian Orthodox Church in the United States. They claim 1958 selection of Bishop German, bribery of Father Makarije, and a 1963 plan to discredit Bishop Dionisije, with U.S. intelligence confirming ongoing pressure and a Supreme Court ruling favoring the Communist-backed church.
A small group of high level federal officials has started an informal, issue oriented coalition beyond normal bureaucratic lines. The Carter era group aims to reverse an OMB stance and includes F. Ray Marshall, Sam W Brown Jr, Esther Peterson, Carol Tucker Foreman, and Msgr Gene Baroni. Their first aim is a National Consumer Cooperative Bank to aid self help initiatives.
A contentious bill would create a new federal financial institution under Treasury and OMB to back loans for consumer cooperatives spanning food health care housing and services. White House support faces opposition from OMB and Treasury officials who doubt the agency's feasibility.
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