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San Angelo Standard-Times from San Angelo, Texas • 1

Location:
San Angelo, Texas
Issue Date:
Page:
1
Extracted Article Text (OCR)

i3-5 z' A Christmas nearing at Fort Concho Pago 12A LA overtakes San Diego PagelB Purina takes over Brownwood plant Page 8B i November 23 1982 24 pages 25 Cents Vje GOOD Morning Paper for the GOLDEN West of Texas eim San Angtto Standard Inc rlghta raaanad CLOSELY SPACED BASING DESCRIPTION I proposes MX sites arms reductions powers begin that process with a concerted attempt to preclude the possibility of accidental conflict On that score he proposed they tell each other in advance of plans to test intercontinental missiles or launch major military exercises and suggested "a broad-ranging exchange of bask data about our nuclear In his nationally televised speech Reagan aid he hoped to "remove surprise and uncertainty at the sudden appearance of such missiles mi the warning screens of the two countries" And in support of his proposal to exchange Information about nuclear forces Reagan aid "The more one side knows about what the other tide is doing the less room there is for surprise and Speaking on the eve of his departure for a Thanksgiving vacation at his ranch in California Reagan used color graphics developed by the White House to illustrate his talk by showing relative strengths and weapons expenditures of the United States Please See Reagan Page 4A WASHINGTON (AP) Wielding both tick and carrot President Reagan proposed Monday to deploy the huge MX missile In a string of Wyoming silos then invited the Soviet Union to take several Joint steps to abate fears of an accidental nuclear war "It still takes weapons to prevent Reagan said of his option for the so-called dense-pack deployment of the MX a missile he rechristened "the Peacekeeper" But he declared "The United States wants deep cuts in the arsenal of weapons" The president proposed that the super This is an artist's conception of the "dense pack" basing for the MX missile proposed by President Reagan during his Monday night Lone Star Gas rate hike wins TRC approval I I the base city gate rate from 3208 per thousand cubic feet to $402 per thousand cubic feet Residential customers using 6000 cubic feet of Lone Star gas during a given month can expect their monthly bills to increase about $182 according to a com mission spokesman Commercial customers using 37000 cubic feet a month will find their bills rising about 71 percent or $12 the spokesman said Prior to municipal league intervention the company had outfit to boost its gate rate prices a total of about $90 million annually: The San Angelo city council one of about 95 Texas cities represented by the municipal league in the Lone Star case earlier balked at supporting the compromise City representatives recently toned down their criticism of the agreement and decided not to fight it hearing examiner Michael George said' Part of the compromise atfee-ment worked out between the cities and Lone Star called for a 100 percent pass-through of fuel costs incurred by the company Please See Lone Star Page 4A By JAY ROSSER Harte-Hanks Austin Bureau The Texas Railroad Commission mi Monday granted Lone Star Gas Co a $429 million annual rate hike and approved an agreement enabling the company automatically to pan on 100 per-' cent of its fuel production costs to customers The rate hike which amounts to a 9 percent increase for residential customers will be felt beginning Dec 1 in about 535 predominantly North and Central Texas cities and communities I served by Lone Star including San Angelo The company by filing a surety bood last week will be able to make the new rates retroactive to Nov 1 The three-member commission in its unanimous approval of the rate hike ratified an extensive compromise agreement between Lone Star and the Texas Municipal League The increase covers the "gate charges or the wholesale cost of gas to cities when it enters their municipal distribution systems Any increase ultimately is borne by the residential and commercial users The agreement will increase APHurphoto 1 1 The MX strategic nuclear missile shown above will be deployed in made Monday night by President Reagan is accepted by members of closely-packed super-hardened silos in Wyoming if the proposal congress i Depositors in failed bank repaid ywBiain I1 JL- I £AN ANGELO UNEMPLOYMENT JANt11S2jSira hausted examiners report which brought about its insolvency and closing Depositors began lining up at 8:30 am and about two dozen were ready to walk in when FDIC officials opened the bank's doors at 9 am but guards allowed only two people to enter at a time Long-time Melvin resident Jose Paredes was the first in line Please See Bank Page 4A possible fraudulent activities The Melvin bank is the first McCulloch County bank to dose its doors since 1930 when the Lohn State Bank went broke More than 600 depositors had approximately $41 million in the bank when it closed Federal officials including FBI agents are continuing to investigate the dealings More than $160000 of the equity capital had been ex day night Depositors waiting Monday to be reimbursed expressed mixed feelings about the transactions some planning to move their bank business elsewhere and others voicing hope a bank could be reestablished in the community The 75-year-old Ranchlander bank was declared Insolvent by federal bank examiners last Friday after a week-long audit uncovered serious loan losses and ByROSSMcSWAIN Regional Editor MELVIN Federal officials monday paid approximately $1 million to 124 depositors who filed claims on insured accounts in the now defunct Ranchlander National Bank "I was surprised at the number of claims handled We did better than first Federal Deposit Insurance dorp claim agent Elaine Hughes said Mon TJ 71 LBJ Lady Bird: Whirlwind courtship i KfrUsULgh 1ELWLWJ Jh Her best friend Gene Boehringer had been telling her for years about this fellow Lyndon Johnson but they had never met One day while Bird was visiting Gene at work Lyndon came in to see Gene coincidence perhaps arranged by Please See LBJ Page 5A Part three of five Ijrndon Woos and Wins ffls Lady Bird By RONNIE DUGGER In 1934 Lyndon Johnson met a woman he wanted to marry and proposed to her within 24 hours Claudia Bird" Taylor was a lovely woman in the Southern sense: feminine li- LBJ: the Politician telligent well-educated and she had an unfailing personal courtesy 1 Standard Graphic by Ban GarDaon Jobless figures for San Angelo complied from Texas Employment Commission sources show a slight drop in the percentage of unemployed during October Statewide unemployment down to 76 percent San Angelo rate declines to 5 percent El unemployment while higher than the rest of the state was down to 120 percent from figure of 126 percent The Jobless rate in October for the Dallas-Fort Worth area was 59 percent down from 64 In Houston unemployment figures drop-pped from 83 percent to 80 However Ms Dobie said she expected the high unemployment on the border to continue indicates that aome of the people who showed iv in September's unemployment statistics dropped out of the labor force he said "It look like many of them found Ms Dobie Mid The lowest unemployment in the state was in Austin with 40 percent of the labor force out of work Laredo claimed Texas' highest rate of unemployment 235 percent up slightly from last month's 232 percent down The Jobless rate in Odessa was 64 percent down from high of 12 percent while the figure for Midland decreased to 46 percent from the previous 47 percent State unemployment statistics are based on the number of unemployment claims filed during a month TEC spokesman Diane Dobie said While the number of claims filed in San Angelo declined in October so did the number of employed Ms Dobie Mid This By ANNETTE LAMOREAUX Business Writer Unemployment continued to soar as high as 23 percent in Texas border cities during October while statewide unemployment -dropped to 76 percent from last record high of 80 percent and in San Angelo the seasonally adjusted unemployment rate hit 50 percent down from figure of 64 according to the Texas Employment Commission In Midland-Odessa which has been hurt by oil-related layoffs figures also were Jj.

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About San Angelo Standard-Times Archive

Pages Available:
1,340,522
Years Available:
1928-2024