The Hereford Brand (Hereford, Tex.), Vol. 80, No. 173, Ed. 1 Friday, February 27, 1981 Page: 1 of 10
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THE HEREFORD BRAND
Serving Hustlin’ Hereford, Deaf Smith County
SINCE 1885
10 Pages
ar
80th Year No. 173
Hereford, Texas Friday, February 27,1981
Panhandle Living Cost
Rises by Four Percent
L ___J
7®
11
‘l
One-Year Tax Cuts
Armed Robber Strikes
Sniper Fires On
Big Foreign Demand
Seen for Texas Corn
Many Would Invest
Tax Cut Money
Split Basing
Jurors
Excused
y
t trf
'I
I
2
Kidney Foundation
Dance Saturday
tion and currently serves a
44-county area.
Police said entry to the
building was gained by tear-
ing the door lock completely
off the east doors of the
building, and apparently the
burglars pried the molding
Carl King of Dimmitt,
president of the Texas Corn
Growers Association receiv-
ed 14 on-the-spot orders from
international buyers for
Hereford High School that
netted burglars money from
two vending machines in the
north hall of the school.
off an office door in an at-
tempt to gain entry.
S’
We contacted buyers from
at least a hundred foreign
countries. They know where
the Panhandle is now and
where the Texas com grow-
ing region is located." King
remarked.
on
Statistics estimates of how
the average family of four
reform and the principle of
holding down spending.
The Democrats also urged:
—A smaller tax cut until in-
flation is controlled. This
year's installment would be
aimed at offsetting the higher
Social Security taxes that
went into effect Jan. 1. This
would allow a worker to sub-
tract from his or her income
taxes 8 percent of the Social
Security tax paid this year.
Any further tax cut would be
delayed.
(See TAX, Page 2)
Donations to the foundation
help provide for research and
urinalysis screening projects.
Hereford public schools will
participate in the screening
project during the month of
April.
Panhandle food and medical costs rose the
least in January, but overall living costs were
up four percent, according to a monthly
economic survey. Chief culprit in the cost rise
Prospective jurors tor the
District Court case scheduled
to be tried Monday. March 2,
will not be required to be pre-
sent according to the District
Court Clerk
I UXJOUUz'UXXAJWJK,
A benefit dance for the Na-
tional Kidney Foundation of
West Texas will be held
Saturday night at the Knights
of Columbus Hall.
Sponsored by St. Anthony's
Women's Organization and
the Knights of Columbus, the
dance will begin at 8 30 p.m
and continue until 12:30 a m.
Dayton Todd will provide
musical entertainment
Tickets are $10 per couple
and are available from Mrs
Tony Urbanczyk at 276-5303
or Mrs Dale Reinart at
364-6736 A limited amount of
tickets will be available at the
door
Proceeds from the dance
will go to the foundation
whicff is one of 52 affiliates of
the National Kidney Founds-
ture window of the home. Of-
ficers said they believed the
shots were fired from a pass-
ing car.
Police said Cockerham was
seated on a couch with his
back to the window and Miss
Kennedy was seated across
from him on a love seat at the
time the sniper opened fire.
Officers were searching to-
day for a late model luxury
automobile sighted in the
area of the Cannon home at
the time of the shooting, but
no arrests had been made by
early today.
A police spokesman said no
motive has been determined
for the shooting, but said it
apparently was not connected
with earlier sniping incidents
at Lubbock. Teddy Glyn
Floyd, 36, was arrested and
jailed in connection with four
earlier sniping incidents at
Lubbock.
Cockerham's father, Bryce
Cockerham Sr., is advertis-
ing director at the Amarillo
Globe-News.
Living Costs Up
reported that he received in-
dications of a ready market
in lands including Colombia.
Costa Rica. Kenya. Japan.
Canada. Sweden and other
countries.
Grower and processor got
together to promote Texas
com during the trade show,
according to King when
representatives of Frito-My.
Inc., a major buyer of food
grade corn in this area and
the TCGA exchanged promo-
tional materials.
Frito officials borrowed
bags of white com to explain
to trade show visitors the raw
product from which corn
chips and other products are
manufactured.
The TCGA borrowed bags
of Frito-I jy corn products to
explain the same process to
prospects.
Gil Moody of the Texas
Department of Agriculture
coordinated Texas exhibits at
the international show.
BEAVER, Utah (AP) — A resolution opposing split basing
of the MX missile system has been approved by the Four-
County MX Policy Board, which said the proposed plan
would give Utah nuclear missiles, but without compensating
economic benefits.
In passing the resolution Wednesday night, the regional
gro''? made clear its desire to have all 200 missiles in the pro-
posed MX system based in Utah and Nevada, not spread to
other states.
The policy board consists of elected officials from Iron,
Beaver, Millard and Juab counties, areas the Air Force has
said it favors placing some of the missiles.
One of the options being considered by the Air Force is to
split basing of the missiles, placing part of them in Utah and
Nevada and the others in western Texas or eastern New Mex-
ico.
The policy board expressed concern that while split basing
would keep some missiles in Utah, the area would receive
none of the long-term economic impacts of an MX supply
base.
With spht basing, the huge operating bases would likely be
located at Coyote Srings Valley, Nev., and Clovis Air Force
Base in New Mexico.
In another matter. Alex Mansour, regional director of the
state Department of Transportation briefed the board on a
study he is preparing on area roads and the MX.
Mansour said he feels major improvements would be
necessary on every road in the MX-impacted area except In-
terstate 15 to handle traffic produced by the missile system.
While on the surface, they (the roads > look adequate, they
are really lacking in structural strength. If we get a lot of
trucks on these roads, we'll be in trouble." he said.
Mansour estimated that 60 percent of the county roads in
the four counties would be affected by the MX. The UDOT of-
ficial said his department feels a study of county roads in the
region is necessary.
A similar study, including a detailed photographic inven-
tory. already has been conducted on state highways.
This inventory will enable us to-keep track of damage
done to local roads by MX activities, and the obligation the
Department of Defense has to local governments for road
funding." Mansour said
those of us living in the
Panhandle. That is why
Security Federal Savings
decided to sponsor a monthly
survey of cost-of-living
changes in the area we
serve.”
Security Federal Savings
has hired Leach Research,
Inc., a company based in San-
ta Fe, N.M., to conduct
research each month for the
economic survey. Leach
Research has been involved
in similar research projects
in Santa Fe and El Paso for
several years.
* 1
. i
Demos Want Smaller,
they would pay off bills, 20
percent using the money to
pay day-to-day expenses and
7 percent buying something
with the cash.
But 42 percent said they
would put the money away
for a rainy day — with the
figure split equally between
those who would save it and
those who would invest the
money.
Four percent of the 1,597
adults interviewed by
telephone across the country
Monday and Tuesday were
not sure.
Just what people would do
with the money from a tax cut
varied greatly depending on
their incomes.
Those making up to $15,000
a year favored spending the
cash over putting it away by a
65-31 edge. For those making
more than $35,000 the reverse
was true Fifty-seven percent
said they would save or invest
the money, while 39 percent
said they would spend it.
Those in the middle, with
incomes from $15,000 to
$35,000, split. Fifty-three per-
cent said they would spend
the money and 44 percent
said they would invest it.
Of course, under the
Reagan plan, the reduced
taxes for higher income
families would be a larger
dollar amount than those with
lower incomes
Four out of five Americans
said they had heard or read
about Reagan's speech on
Feb 18
The TCGA promotes Texas
corn on behalf of producers in
Castro and Deaf Smith Coun-
ties. as well as a number of
other counties in the
Panhandle-South Plains
region.
The cost of living in the
Texas Panhandle rose more
than four percent in January,
primarily because of federal
tax boosts, according to the
monthly Security Federal
Savings Economic Survey.
While all areas of the
survey showed some increase
over December figures, taxes
accounted for the bulk of the
4.19 percent cost-of-living in-
crease. "Since about two-
thirds of January's increase
was related to federal taxes,
we are expecting the
February survey to show a
somewhat less dramatic cost-
of-living rise," said Aubrey
Steele, Security Federal Sav-
ings president.
With taxes excluded, the
rate of increase was 1.4 per-
cent, or 16.8 percent annualiz-
ed. That figure is well above
the 12.6 percent national cost-
of-living increase in 1980.
The tax increase recorded
in January included a change
in the Social Security rate
from 6.13 percent to 6.65 per-
cent. Although overall in-
come tax rates remained the
same, the new year and a
resulting higher annual base
income for an average family
of four caused the actual in-
come tax expenses to jump
more than 11 percent.
Other anas surveyed in-
cluded:
Transportation, up 4.9
percent due to higher
gasoline prices.
Utility costs, increased by
3.12 percent because of a 5.4
percent increase in electric
rates. Both gas and water
rates were stable in January.
Clothing costs, up by 2.7
percent.
Food and Medical costs,
both up by 0.4 percent. In the
food category, fresh tomatoes
and peanut-based products
were up by more than 25 per-
cent. Meat prices were
generally stable. Lettuce
prices decreased substantial-
ly-
Sb
( X?
WASHINGTON (AP) -
Democrats on the Joint
Economic Committee, offer-
ing the party's first alter-
native to President Reagan's
program, are urging a one-
year tax cut just large enough
to offset higher Social Securi-
ty taxes and immediate
reductions in interest rates.
The Democrats maintain
that a big, three-year, across-
the-board tax cut like Reagan
wants probably would spark
another round of inflation.
Republicans on the con-
gressional study panel accus-
ed Democrats of turning their
backs on new ideas and ad-
vocating shopworn policies
that got the nation's economy
into its present state.
The positions were spelled
out Thursday when the com-
mittee issued its annual
report on the economy. In
contrast to 1979 and 1980,
when the panel unanimously
agreed on a report built
around stimulating invest-
ment and saving, the commit-
tee was so split that the 10
Republicans issued one
NEW YORK (AP) — A ma-
jority of Americans say they
would spend the cash from
Ronald Reagan's proposed
tax cut, but a substantial
number, particularly
wealthier people, would save
the money or invest it, the
latest Associated Press-NBC
News poll says.
That’s good news for Presi-
dent Reagan, whose pro-
posals for “economic
renewal” depend in part on a
substantial portion of any tax
cut monies going into savings
or investments to spur the
economy.
Americans do favor the
president's proposals, but
they are pessimistic about
whether the plan will succeed
in slowing inflation or in turn-
ing the nation's economy
around. And they have
substantial doubts as to
whether the complex pro-
posals will make it through
Congress.
Reagan has proposed cut-
ting federal income tax rales
by 10 percent a year over the
next three years. The Reagan
administration estimates
that by the end of 1982 a fami-
ly of four making $20,000 a
year would find its taxes
reduced $300 overall or about
$25 a month.
Fifty-four percent of those
interviewed Monday and
Tuesday said they would
spend the money from a tax
cut like the one Reagan has
proposed That figure broke
down to 27 percent saying
report and the 10 Democrats
another.
The GOP members’
prescription for curing infla-
tion and economic stagnation
was essentially Reagan's: a
reduction in the growth of
federal spending, a 30 percent
across-the-board cut in in-
dividual tax rates, faster tax
write-offs for business, less
government regulation, and
tighter monetary controls for
the time being.
As they had last year, the
Democrats agreed on
business tax cuts, regulatory
was a federal tax boost. Because of the tax in-
crease, February's cost of living figures are
not expected to be as dramatic. (Photo by
Denise Smith)
dow of TG&Y was shot out by
a pellet gun or sling shot last
night. Officers discovered the
broken window at 1:10 am/
Police officers arrested a
man for driving while intox-
icated < DWI l after the vehi-
cle he was driving was seen
weaving from side to side.
Officers issued 7 traffic
citations yesterday.
Arturo Rubio. 209 Fuller,
told police he was awakened
by his dogs about 4:35 a m. to-
day and discovered a 20
gauge shotgun missing from
his pickup. The shotgun was
valued at $45.
Police said the front win-
Ins ide Today
Ann lenders .............3
Classifieds .............8,9
Newspaper Bible 5
Society .................. 3
Sports ................6.7
Television 4
Comics 4
. « 'Y*''
SLuA'. -'s'’, '
f !
A-J Employees
LUBBOCK, Texas (AP) -
Two employees of the Lub-
bock Avalanche-Journal
were wounded when a sniper
opened fire on a home where
a party was being held in this
West Texas city late Thurs-
day, police said.
Wounded were Bryce
Cockerham Jr., 23, and Shan-
non Kennedy, 19, both
employees of the
newspaper’s advertising
department. Cockerham was
shot twice in the back and
Miss Kennedy was shot in the
throat.
Cockerham was listed in
serious condition at a Lub-
bock hospital early today and
no condition report was im-
mediately available on Miss
Kennedy.
Officers said tlje two were
among 16 persons attending a
party at the home of Carl
Cannon, the newspaper's
advertising director when so-
meone apparently fired two
or more shots from a high-
powered rifle through a pic-
Another armed robber
struck a Hereford business
last night and escaped with
an undertermined amount of
cash from Allsup's conve-
nience store on North
Highway 385.
A knife-wielding man
dressed in blue jeans and a
sweatshirt escaped on foot
after demanding and receiv-
ing all the cash in the register
from the clerk on duty at
about 1:12 a.m.
Police are still in-
vestigating the case and have
no suspects.
Burglars broke into two
units at the Hereford Mini
Storage, 915 W. Park. Police
said the renters of the sheds
will determine if anything is
missing sometime today.
Police officers are also in-
vestigating a burglary at
Group Opposes
jUlM’
Texas-produced white and
yellow corn for the 1981 crop
year while attending the In-
ternational Food and
Agriculture Trade Show in
New Orleans last week.
King, who made the trip to
New Orleans in hopes of lin-
ing up new contracts in the
first such venture by the
TCGA, was stunned to
receive immediate orders for
more than 110,000 metric tons
of com.
Through interpreters. King
had to convince prospective
buyers from Greece. China,
Japan, Africa, South
America and a number of
othefccountries that he was at
the session merely as an am-
bassador on behalf of Texas
com. He did put prospective
customers in touch with grain
dealers equipped to export
the yellow and white grain,
however.
According to King, a
number of international
buyers at the New Orleans
trade show voiced intentions
to send trade teams to the
Panhandle area later this
year to open negotiations for
purchase of white and yellow
corn produced in this region.
The TCGA booth at the
trade show registered more
visitors than any of the other
150 booths at the show. accor-
ding to King.
While many booths
featured exotic food items.
King commented, "It turned
out buyers weren’t as in-
terested in the delicacies as
they were in com They saw
com samples we had in
plastic bags and it looked
good to them They had never
seen white and yellow com
packaged in the manner we
had it and it really looked
good to them ''
King, a corn farmer
himself in Castro County,
The Security Federal Sav- spends its income.
ings Economic Survey is "We feel it is important
prepared each month using that consumers know what
303 consumer price items, areas of expenditure are in-
Prices are compiled creasing and at what rates,”
throughout the Panhandle Steele said. "The information
and are compared to prices of collected in our economic
the same items the previous survey is vital to us as we
month to determine cost-of deal with our customers, and
living changes in each vital to the general public as
category and overall. To well.
determine the overall “There are plenty of
change, each category is reports on the national cost-
given a weighted value based of-living and how it is
U.S. Department of I-abor skyrocketing,” Steele said.
"But the national averages
are not that important to
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Steiert, Jim. The Hereford Brand (Hereford, Tex.), Vol. 80, No. 173, Ed. 1 Friday, February 27, 1981, newspaper, February 27, 1981; Hereford, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1348321/m1/1/: accessed July 9, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Deaf Smith County Library.