Years Ago

20 years ago

Circle DE Pacific Corp. defaulted on a $5.4 million loan from National Bank of Alaska. The timber company ran the chip operation on the Homer Spit. NBA foreclosed on its loan, causing Circle DE to shut down the operation and lay off 100 workers.

— From the issue of Nov. 11, 1999

30 years ago

City Manager Phil Shealy put a request of $4,000 ($8,100 adjusted for inflation) in the draft city budget for eight new chairs in the city council chambers that would seat council members and others. One council member said the seats become uncomfortable after prolonged sitting. The current chairs were purchased in 1981.

Other items in the budget include a $30,000 harbor boat, a $22,000 four-wheel-drive police car and a $19,000 sedan for the police chief.

— From the issue of Nov. 16, 1989

50 years ago

ACS Telephone Company announced it would be dropping rates for telephone calls and telegraph messages on Dec. 1, 1969. Long distance calls for a three-minute daytime call to the Lower 48 dropped from $3.50 to $2 and from $2.70 to $1.35 for a nighttime call. The new rates for a 15-word telegram dropped from $2.60 to $1.50.

— From the issue of Nov. 13, 1969

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