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El Paso Herald-Post from El Paso, Texas • 11

Location:
El Paso, Texas
Issue Date:
Page:
11
Extracted Article Text (OCR)

PASO HERAIP-TOST doy May 24 1988 GOLDlBSILVER MARKE QOU COW fCIIIAfO UPON MMWOI IMSUV MNU MMUMICiaOU 471 MMt IMIOMAIMIOLOfllD f4Mlf AMAK MdOXS4VU M4I MkVUCOMNKiiMUOUrONIUlPHOL hit an mu IMAM IC77lt WUI 1 0S SHIM MO IMS! I47UC IMMt TCIHWcTICMyMAilY ndjicH rii iitwNna ss a swi pssnai HAWKS ASSOCIATES INC 41S MESA S44-SISS sy flop New York executive to take over in November seller notes loss By Keith DuBay Hgnldftxl business edtor 0 UYJ Mulderrig will live in El Paso and operate the station along with his wife Scott Robb and Don Caparis who will likely be advertising manager The DeRance Foundation of Milwaukee took a loss on the sale because it had invested more than the $5 million sale price in the station since the foundation took over in 1982 Munoz said was a very timely purchase The station has turned the corner" Munoz said adding that he will no longer be needed to run the station KCIK earned an 18 share in the 3 pm to 7 pm prime-time spot That means 18 percent of all televisions in use in El Paso were tuned in to Channel 14 The station changed from a religion format to entertainment and situation comedy in 1986 Munoz and the other 32 station employees will keep their jobs until end when the new owners will evaluate the staff KC1K Channel 14 has been sold to a New York television executive far $5 million station officials said Monday John Muldenig along with his wife Betty Ann agreed to purchase the television station and should take over operations in November said general mahager Robert Munoz Decline of dollar beneficial to Texas economy iverage" Rosenblum said The two-year study Federal Reserve Bank coincides with a DALLAS (AP) The continued decline in the value bodes well for theTexas economy according to a study released by the Federal Reserve Bank of Dallas Since March 1985 the dollar has dropped an average 23 percent against and the decline oene- currencies If you have a desire to personally operate your own business but tack the tremendous financial Investment usuaty required this opportunity seems almost too good to be true ihe chance to get into business tor yourself but not by yourself Chicfc-ffl-A is a national restaurant chain with locations In 31 states This Is how our program worts First Chick-fil-A selects a mal location based on growth plans market research and financial analysis of the restaurant site Then In return for the new fid commitment of time and talent we provide a Chick-fll-A restaurant fully equipped ready to operate WO then sublease to the Operator for $5000 who would receive a monthly base income flam the operation remit 15 of the grass sales to Chick-ffi-A then after al expenses are paid split the restaurant's profit 5050 with Chick-fil-A Chick-fil-A currently has over 363 units in operation and is expanding In prime shopping locations across the nation Candidates should have colege or equivalent wok experience in retaking or supervisory management (rwtauranf or food service experience not required) Ybu wll receive a four-week formal training program at the corporate headquarters In Atlanta We are currently seeking an Operator for our Chick-fil-A restaurant at Ciek) Vista MaD In Paso Texas If you are -interested in this location send your resume or Jt cal: year ongoing recovery in Texas gives strong testimony to the benefits of an open international economy" the SMU study said more realistic exchange rate for the dollar has helped to revive the basic industries and recover some of the jobs lost during the first two-thirds of the decade" he told the Fort Worth Star-Telegram From: 1985 -a rates cue dollar increased an average 37 percent against foreign currencies a esman said 37 percent Federal Re similar study recently prepared for Sen Lloyd Bentsen D-Texas by economists at Southern Methodist University "Their conclusions are verymuch in line with ours" said Bernard Weinstein director of the Center for Enterprising at Cox Business School Weinstein said SMU researchers tried to quantify job gains that could be attributed to the lower dollar and concluded that at least half of the 79000 non-agricultural jobs that accrued in Texas since January 1987 were a result of the lower dollar and increasing American competitiveness One in seven manufacturing jobs in Texas is tied to exports Weinstein said SMlTs study found that while tremors from the oil and real estate collapse are still being felt and probably will be for some time bedrock industries have been recovering during the past fits OS manufacturers of electronic and transportation equipment nonelectrical' machinery leather goods wriantific instruments said the study Since Texas figures prominently in those industries good news for the state and for the Dallas-Fort Worth area in particular Harvey Rosenblum senior vice president and director of research at the Federal Reserve Bank said Monday we look upon the lower dollar what we see is that it will benefit manufacturing (employment) and durable goods the Rosenblum said probably will prove to be the most significant factor in the economic upturn in this part of the country Dallas-Fort Worth with its diversified economy will perform 18 percent above the national The Federal Reserve Dank study said the benefits of the lower dollar will not be distributed evenly across individual in-ana states dustries states the Federal Reserve Bank said Chick-fll-A Inc Human Resources Dept 5200 Buffington Road Atlanta 6A 30340-2908 (404) 765-8050 Producers of lumber and wood pulp and paper textiles and processed foods are among the manufactur-expected to respond less significantly ecent declines in the dollar recent ci968CNck-HA Inc era to State's Jobless rate falls 13 in a year not all that significant" because they merely reflect seasonal fluctuations Here are the April unemployment rates in the urban areas of Texas compared with revised March figures (in pa- AUSTIN (AP) It seems fairly certain that the Texas economy has turned around although urban unemployment rates remain high according to the Texas Employment Commission 0 0 Psychiatric And Chemical Dependency Programs Aren A rentheses): Abilene 63 (76) Amarillo 54 (65V Austin 5 A (68) Beaumont-Fort Arthur 103 (116V Brazoria 81 (93) Brownsville-Harlingen 131 (151) Bryan-College Station 42 (50) Corpus Christi 94 (107) Dallas 56 (63) Fort Worth-Arlington 61 (70) Gal-vestom-Texas City 89 (103) Houston 67 (78) Laredo 137 (173) Lubbock 51 (60) McAl-len-Edinburg-Mission ISA (198) Midland 61 (71) Odessa 71 (84) San Angelo 55 (63) San Antonio 71 (82) Sherman-Denison 60 (75X Tyler 70 (82) Victoria 66 (77) Waco 6A (80) Wichita Falls 59 (7 AX Terrence Travland assis--tant chief of economic research for the TEC said Tuesday there has been a significant change in the Texas economy during the past year The the statewide unemployment rate dropped from 83 percent in Apru 1987 to 70 this April El average unemployment for April was 115 percent compand with 100 percent in March according to TEC figure released today ravland said that although he' is encouraged by the moist recent monthly unemploy- ment figures comparing 1 March with April an rn re JNJBRIE Leading indicators (1967 100) Until You Need Them! When the need does occur Valley View Hospital is there to help with: 215 205 195 185 175 AUJ JASONDJ II Source: US Dept of Commerce GrepNcsOhe Meyers Report TUEMlCAiJDEPEXDESQY WMOmrKOBLEMsmam Si i I VA conviction on charges of price-fixing while working for 'another company has -resulted in the resignation of the president of Seven-Up Holding Co a spokesman for the new Dr PepperSeven-Up Cos Inc says Spokesman Jhomas Bayer said James Harford resigned late last eek effective immediately and the news was relayed to company bottlers Sunday the same day a merger was between Seven-Up and Dr Pepper Bayer said John Albers chief executive officer of Dr PepperSeven-Up Cos Inc will be chief executive officer and chief operating officer for both subsidiaries 1 4 i Most people have emotional problems at some time in their lives When problems become severe they can interfere with a a person's ability to function Usually people try to deal with the problems on their own at first then seek professional help if efforts at self-help prove unsuccessful Treatment for emotional problems in many cases may be done on an outpatient basis However sometimes treatment in a hospital might be more effective This is particularly true when patients become dangerous to themselves or to others or when they behave in ways that people around them do not tolerate When hospitalization is necessary Valley View Hospital and its team of medical professionals are there to help and lend support JC AHO Accndtud People with chemical dependency problems are chronically ill Whether they are dependent upon alcohol or other addictive drugs they suffer from a primary progressive disease There is hope however for these individuals Valley View Hospital has specially designed recovery programs that provides physician consultation physical emotional and spiritual support to the patients and assists them in overcoming their chemical dependencies The opportunity for recovery is ever present and a sustained chemical-free productive life is the goal The most important thing you can do for-your chemically dependent loved one is to pick up the phone and call HelpLine We can advise you and your family members of what steps to take next We will be glad to answer any further questions Our assistance is available 24-hours a day 1 TEXACO STILL nQHTINQ OFF PROXY The management of Texaco Inc said Monday that it still hoped to avoid a proxy fight with Carl Icahn the company's shareholder But people familiar with the Texaco-I-cann talks seemed less optimistic about a truce than they 'were during the weekend Texaco stock was 'most-active issue It fell S1A0 to $46125 amid reports that Icahn might be hesitating about going ahead with his effort £to elect five members to Texaco 14-member board at its meeting next month James Kinnear Texaco's president and chid executive and Alfred DeCrane its chairman discussed file Icahn negotiations in a meeting with about 200 analysts at the Pierre Hotel in Manhattan TLB FARM SALES TO SOVIETS HIT HIGH -This IMMUMIIM4IIIIC MMMM iHl iM MMUIlfo MlA CmnW I InSAII id CALL VALLEY VIEW HOSPITAL HELPLINE 522-4407 1-800-826-66511-800-453-1113 i i I 4 VALLEY VIEW HOSPITAL New Premiere Psychiatric And Substance Abuse Facility 3751 Del Rey Blvd Las Cruces NM 88005 Toll Free in NM 1-600426-6651 expected to climb 50 percent to a three-year high of $14 billion according to Agriculture Department economists the gain will be much larger wheat shipments at higher prices and much bigger soybean and soybean meal -sales" the department's Economic Research Service said Monday Farm product sales to the Soviets exceeded $19 billion in 1985 but plummeted to a 13-year low of $658 million in 1986 before rebounding to $938 million in 1987 Compiled by Michael Apm.

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About El Paso Herald-Post Archive

Pages Available:
770,311
Years Available:
1931-1997