Despite these hopeful indicators, prices for crude oil continued to fall while loans, deposits, assets and equity capital at the nine Odessa bands all decreased during 1984. The improvement mirrored that of the United States, where the economy grew 6.8 percent, the most since 1951. By a 2-1 margin, voters approved a proposal to slash the property tax rate by 1.5 cents. Data also showed that the nation's prison population had doubled, to 454,136, in 10 years. 117 years, the United States restored full diplomatic relations with the Vatican on Jan. 10.
Information is drawn from news accounts, archives and other historical records.
20th Century Countdown. The Odessa American's daily countdown of the last 100 years, from 1900 through 1999, with a short summary of some news and newsmakers affecting residents of Odessa. Copyright 1999 Odessa American. All rights reserved. Refer comments to Webmaster .