The Brazosport Facts from Freeport, Texas on November 30, 1975 · Page 22
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The Brazosport Facts from Freeport, Texas · Page 22

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Location:
Freeport, Texas
Issue Date:
Sunday, November 30, 1975
Page:
Page 22
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tNf FACtS TJXAI, SUNDAY, NOVtMSfift 10. \»i [Lack's Brings You (Great Entertainment ... Affordably Priced! Sonndesign * Stereo Console Here's great entertainment in a magnificent stereo console tram Lack'sf You'll like the big, elegant Mediterranean design In a warm, pecan torn* finish Features Solid State AM/FM/FM-sterco receiver, built-in 8-track tape cartridge player unit with automatic or manual program selection, full-sue BSH record changer with diamond stylus, lightweight tow arm and cue-pause control, two- way tuned port, bass reflex speaker system with 8" duocone speakers and damped enclosure It's tuily enclosed on the back and base to give you trw stereo sound! Hear it today at Lack's.' Sylvania Portable TV 16" Diagonal Enjoy your favorite programs on this Sylvania 16" diagonal black and white television from Lack's' It's completely Solid State with rugged fibre-glass reinforced circuit panels, memory- VHF fine tuning and telescoping dipole VHF antenna, A great value from Lack's! Sylvania Solid State Audio Sound Center *139 *399 .Sanyo Color Here's a big 19" diagonal color picture that's sharp and bright thanks to the in-line gun. slotted mask and black matrix: Sanyo system !«>% Solid Stale chassis saves current and maintenance, too! Ami it features instant- on picture and :>«urar Deluxe walnut colored cabinet See it today at l-ack's and save! Sanyo Stereo System 299 Special Purchase! Regular $369.95 Sylvania Matched Audio with Solid State AM/FM/FM-stereo receiver, built-in matrix circuitry, full-size BSR automatic turntable, built-in »• track stereo player/record tape deck and sealed air suspension speaker system ... now a great buy from Lack's! Have Music Wherever Your Go! '449 New York crisis over 4 but big problems remain Super Stereo Value! Outstanding stereo enjoyment Is yours with the Sanyo Stereo System from l-ack's! Here » the deluxe A.M/FM stereo receiver with automatic record changer, frlrack recording deck and cassette record deck! The turntable features cueing, pause control, calibrated tracking force adjustment and automatic stop. 2 Multiple Speaker Systems 8«Track Car Stereo Fill your car with the thrilling sound of full range Stereo from Lack's! Features individual left and right Slide volume control for each speaker toaliow pin-point adjustment of volume and stereo balance! It's a compact size so you can install it anywhere, even in the glove compartment 1 Convenient terms are available. Finer Furniture • Carpel* Bedding* Hr"^ - . m® Hang'On Deluxe Stereo Speaker* Includes two 3 x 5V speakers with 3 on. magnets/ 1 wo 1 V round speakers/two l-MFIJ coupling capacitors. It's compatible with all 3 to 8 ohm tape players and radios. Come by today for this great soundvalue! f Since 1938! - _ * ' OKIE AT PLANTATION Qute 297-7227 MOM, thro SAT. 9:3^:00 THIIBS, UNTIL 0tOO NEW YORK Although the crisis l» over, the problems haven't been wived New York City still has to balance its budget, enact more layoff* and service cutbacks and complete a massive refinancing operation. Construction programs are being cut back, Congress has to approve the aid program supported by President Ford, lawsuits are pending In opposition to various parts of the city'* restructtog plan and city residents can expect even more tax increases Here are some of the problems that New York Oty still faces now that it has been pulled back from the brink of default r -The city has to balance its budget by June 3D, 1979, which will require US,* billion in cash or savings, much of which is committed under agreements with banks ana pens wo funds -Approximately 40,000 of the mere than ZW.OCO city employees will either be laid off or will retire and their Jobs will go unfilled It has not yet been determined where lh*»* cut* will b« made, -Individuals holding city notes are now deciding whether they will hold onto them or turn them in for Municipal Assistance Corp bonds. The state legislature has approved a plan underwhich the principal on the city notes won't be paid for at 1««U three years, but the exchange of the 11,8 billion In short-term debt has been called one of the most complicated deals in the history of municipal financing. —The city halted work on 46 construction projects this past w««k, wroth the city cwxeedsd would have "a drastic impact" on the construction industry in the area. The city left open the possibility of even more cutbacks in the future. -Congressional approval of the 113 bUlkm a year loan program proposed by President Ford has to come before Dec It, the day ihe city Juan Carlos plans ouster of cabinet MADRID. Spain <AP) -King Juan Carlos Is preparing to oust nearly all members of the Spanish government and replace them with more liberal cabinet ministers. Informed political sources said Saturday. But Jose Antonio Giron. head of an estimated 200,000 veterans who fought for Gen. Francisco Franco in the Spanish Civil War, plans to attack changes in the regime. The king, entering his second week of rule and pushing to liberalize the nation after 36 years of ironfisled rule under Franco, probably will keep conservative Premier Carlos Arias Navarro, at least temporarily, as a sign of continuity to go along with the cabinet shakeup, the sources said. Arias met privately for two hours with the king Friday in their first formal meeting. A high government source later denied published reports the premier had resigned. Arias, who will be 67 next month, is said by aides to want to resign although his term has three years to go. He will stay on, however, they added, if Juan Carlo* asks him to do so. The sources said the 37- year-old monarch, Spain's new head of state following Franco's death Nov. 30, wants a minimum of IS ol the 19 members of the present cabinet replaced. No posts were specified. Government informants described replacement* as "new liberal political elements." facet default on Its obligations without outside fund!. House leaders have said the Ford bill should pass easily there, but Senate leaders are ex- pectlng some opposition. —Lawsuits have been filed against some of the k«y parts of the refinancing plan, particularly the moratorium on redemption of city notes and use of pension fund money. -New York City residents hut had their Income taxis and other levies Increased and city real estate taxes are also likely to go up, Ad ititlonally, New York State still has its own problems to work out and this will probably mean higher state taxes for the nation's highest taxed residents New York Gov Hugh Carey said that the President's loan program "does not mark the end of our difficulties Painful burdens remain ahead for us all." Carey described the future probtems as "the work of rebuilding and restoring confidence in New York CHy," This is indeed a critical problem AO of the aid programs put together nave been aimed at having the city's houw in order art July 1. l«rra At that tune, if the city is to avoid a new round of brinkmanship it must be aMe to resume operations in th« municipal bond market and other normal channels of obtaining money, ford told his nationally televised press conference that he decided to offer aid to New York City because, "New York has balled Itself out." He said that the cutbacks, layoffs, higher taxea, note moratorium and other efforts had convinced him that Ihe city did not need the supervision of a bankruptcy Judge to straighten out Its affairs, But Ford also *aW that these steps would enable the city to balance its budget tn the present fiscal year ending June 30, lv7« This is not the case, however The prof rams were not designed to completely eliminate deficit spending thw year Even the «it« of this year's deficit remains unclear Oty Comptrolkr Hirrisoa J GoJdin has *atd it will come to WOO million Bui this still includes K>m« of the budget gunrnKkurry that breusjhi the city to tb# brink, of insolvency and It ts wiinuUwJ that more conservative accounting method* wtwki thaw a delkit ck*er to 13 bulkw Th« main problem* ahead for tfc* city then are impt«rn«cun*j (he elan that h*s been drawn up That plan it * highly complicated one with many parts ccnJin$«a on anotMr part b*in* MX,. For example, the unions representing municipal employees have agrefdVo Invent tas billion frSm their pension funds in new city and Municipal Assistance Corp, bomfct, but this is contingent on the passage of the federal loans The Wl billion plan U> balance the city's budget it also based on thr«« other assumptions: D • -That the dty'i «pe«j. ding will be reduced by mt) million tn each of the next two ft*cal years on top of the tiOO million r«hKlfc*» this year Tb* budget started «« at IJ2 ' billion before tto ruiji ~Ther« wttl b* no IB crease* In salary neak* municipal workers tame worker* *ttU agrev lo a pofttpcwnMwt of wage increase* already sehedukd tfemwer, (he slate hav ffji»s*<i legislation (hat will mandate tiw for worker* who don I lh#tn t« tier* the court* — The «rJty'» *•*• pwwiilufM for *-df are and m*<Jie»i4 will frm*;ft e«*»»*a«» far tr*e rearm iM ihe foe rw *rt by law m pertoft* ctvJiUnJ vary. Th«f that she city to it be cut HONEYWELL PHOTOGRAPHY PHONE 165-4431 PRESENTS. IN THE KROGER .CENTER THE BICENTENNIAL V^SENIOR PORTRAIT FOR THE PRICE OF 2! WALLET SPECIAL WITH MCMMt MORDKH 24 WAUJTS 48 WAUETS «30* '96 WALUTS , f45°* t'HAMKS FRAMES FRAMES OFf KCQHOfUXK T. 0. HARPiSTY HAS GRIAT PUNS FOR OUR RESIDENTS. T 0. Ha/desiy is one of many line builder* at Columbia Lakes Providing homes with tasteful design and quality construction, iri an etoganl country club enwonment. Like this home, featuring I '/, stories 2 batfw. 2-caf aaf^je, fireplace, game room, and sundeck oveflookmn ihe QO!< course. Visit Columbia Lakes this week And see Ihe beautiful plans T 0 Hardesty has In store (or you

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