Matagorda Island future in question as DoD considers closure
The island near Port Lavaca with 20 000 acres of wind blasted land and the bombing range at Target Mike faces a potential closure by summer 1975. Officials Lt Col Laffitte and Col Newsome note no final plan exists while Interior Department seeks control and Wynne family holdings complicate ownership.
MENTIONED IN THIS ARTICLE
Port O'Connor
Matagorda Island
United States Air Force
Barrier Island
Gulf of Mexico
Calhoun County
Department of Defense
U.S. Air Force
Morgan B. Laffitte
Matagorda Island Air Force Base
Winford
Ted Newsome
Col. Laffitte
Air Force
U.S. Department of the Interior
Department of Interior
Hawes
State of Texas
Haes
Interior Department
Wynne
Andrew H. Sansom
Secretary of the Interior
Sid J. Ward
Port Lavaca-Calhoun County
Cottonwood Bayou
Wynne Ranch
Sansom
Laffitte
Col. Newsome
Washington
William Proxmire
D-Wis
Ma Schlesinger
The
Audubon Society
Bing Range
Associated Press
Vietnam
Matagorda
Schlesinger
Corpus Christi
Aransas National Wildlife Refuge
Austwell
Schelsinger
Mike
D.E. Wood
Wood
Calhoun County Commissioners Court
Defense Department
Associated Pres
Calhoun County Sees Optimism In Business Outlook
Calhoun County banks report a sound economy as 1975 opens with gains in deposits and loans. Local business leaders note mixed sales but an overall upward trend, while shrimping and agricultural incomes face price pressures. Expansion plans include Bottom Dollar Discount Store and Brook Hollow Village Apartments, with Alcoa reducing a small number of local jobs. Despite diversification, outlook remains favorable.
MENTIONED IN THIS ARTICLE
Calhoun County
Joseph Lebow
Houston
Port Lavaca
Lebow
Brook Hollow Village Apartments
Washburn & Associates
Dallas
Alcoa
Vets Benefit From Lower Home Loan Rates And Expanded VA Purchases
Washington reports two federal agencies cut mortgage rates for buyers. HUD reduced government backed rate from 8 to 8 percent on Emergency Home Purchase Act mortgages, saving about six dollars monthly on a 35000 dollar 30 year loan. Fannie Mae further lowered yields to 9.471 percent on 31.8 million dollars in insured mortgages. The FA also expands VA condo purchases.
MENTIONED IN THIS ARTICLE
Washington
Ford
Department of Housing and Urban Development
Federal National Mortgage Association
Association
Fannie Mae
Year Ends With Tragedy and Hope Across the Globe
AP reports a mix of hardship and celebration as 1975 arrives. In Darwin a lone bugler marks New Year amid rubble and recovery work. in Pakistan and Cyprus disaster leaves thousands homeless. meanwhile Japan, Spain, France, and Argentina show varied rituals and revelry as the year begins.
MENTIONED IN THIS ARTICLE
Associated Press
Darwin
Australia
Schools Reopen After Christmas Break in Calhoun County
Calhoun County district announces schools will resume at regular times with normal bus schedules. All elementary, junior high, and high schools end Christmas vacation and return on the scheduled school day following December 20.
MENTIONED IN THIS ARTICLE
Calhoun County
Weather with small craft advisory and coastal winds
Small craft advisory in effect with northerly winds 18 to 25 knots today gradually easing tonight and Thursday. Intermittent rain and seas four to six feet expected to diminish by Thursday. Sunset at 5:42 p.m. Sunrise 7:22 a.m. low tide 12:25 p.m. high 7:50 p.m. Tonight’s low 1:39 a.m. and high 6:34 a.m. tomorrow. Pressure 30.32 inches and steady.
First baby of the year born in Calhoun County
A son born to Mr. and Mrs Esmael Vasquez of Seadrift at 3 10 a m weighing six pounds three and one quarter ounces. He is the first baby born in Calhoun County for 1975 according to Champ Traylor Memorial Hospital officials.
MENTIONED IN THIS ARTICLE
Esmael Vasquez
Seadrift v
Calhoun County
Champ Traylor Memorial Hospital
Calhoun County banks report deposits loans gains for 1974
Four banks in Calhoun County show growth in deposits loans and total assets for 1974 led by First State Bank & Trust Co Port Lavaca and Bank of Commerce Point Comfort Seaport Bank and First National Bank Port Lavaca. Deposits rose from 56.74 million to 61.85 million and loans from 29.86 million to 31.03 million. Total assets increased from 65.05 million to 70.90 million with all banks posting higher figures.
MENTIONED IN THIS ARTICLE
Calhoun County
First State Bank & Trust Co
Port Lavaca
First National Bank
Bank of Commerce
Point Comfort
Seaport Bank
Seadrift
No gold in these hills survey finds no gold yet
Bankers in Port Lavaca and Calhoun County report no gold on sale and no anticipation of handling gold. John J Faubian, president of First State Bank and Trust Co in Victoria, comments on market conditions noting a cautious stance amid limited supply and uncertain demand.
MENTIONED IN THIS ARTICLE
Port Lavaca
Calhoun County
John J. Faubian
First State Bank & Trust Co
Vaca
Also Mentioned on This Page
Lt. Col. Laffitte
Lt. Col. Newsome
W.B. Mickle
Mickels
Pattan
Pakistan
Nicosia
Cyprus
Madrid
Paris
Italy
Buenos Aires
Mickie
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