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Friday, May 9, 1986/The Battalion/Page 5
by ScottMcCullar
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Ag commissioner declares
Texas wines coming of age
1 AUSTIN (AP) — Out in the
Texas countryside among the cot
ton, cows and cactus is something
new and exciting — wine grapes,
says state Agriculture Commissioner
Jim Hightower.
H The wine industry in Texas has
advanced to the point where the ag
riculture department Thursday re
leased the “Texas Wine Country
Guide,” which describes 16 Texas
wineries.
■ “An increasing number of small,
pr emium wineries are beginning to
pfoduce the next big thing from
Dexas: superb wines,” Hightower
says.
■ “These are not novelty bottlings
of‘Chateau Bubba,’ but fine vintages
from the hands of a new breed of
Texas winemakers who are intent on
achieving the highest world stan
dards of wine production.”
In 1975, Hightower says, Texas
had only one winery. A decade later
16 were producing wane, and others
have entered into production just
this year since the guide was printed.
“When it’s fully ‘uncorked,’ the
Texas wine industry will mean $3
billion a year to our state’s econ
omy,” Hightower says.
The department guide says wine
making in Texas probably was intro
duced in the state by Spanish mis
sionaries in 1662, 100 years before
California got grapes. Texas had 25
wineries by 1900, but then along
came Prohibition. By the time it was
repealed, only one winery — Val
Verde at Del Rio — remained.
A total of 50,000 gallons of Texas
wine was bottled in 1982, 160,000 in
1983, 340,000 in 1984 and about
500,000 in 1985.
“Already, Texas vintages are re
ceiving laurels and awards from con
noisseurs and competitions through
out the world,” Hightower says.
“These grape growers and winemak
ers are bringing the most modern vi-
ticultural practices and top enolog-
ists to their enterprise, blending
world winemaking expertise with
the rich natural resources and entre
preneurial spirit of Texas,” he says.
Hermann Estate trial
jury still deliberating
HOUSTON (AP) — A jury en
tered its second day of deliber
ations Thursday in the trial of a
former Hermann Hospital Estate
trustee accused of selling stock to
a charitable hospital foundation
at inflated prices.
Jurors must decide 44 special
issues in the complex case that
concerns about 40 sthck trans
actions.
The estate is seeking $2.8 mil
lion from former trustee John
Coffee; his wife, Dorothy; and
Neill Amsler Jr., a former estate
executive, alleging that they con
spired to sell stock from two cor
porations affiliated with Coffee.
The estate claims the stocks were
bought without the full knowl
edge and consent of trustees.
Coffee testified he made
money on some of the trans
actions.
However, Coffee’s attorney
James Leahy said Coffee was be
ing used as a scapegoat “to take
the heat off’ the estate, which
had been under investigation af
ter allegations of self-dealing and
theft among employees and trust
ees.
Leahy said Coffee attempted to
repay the estate $351,940, but
trustees refused to accept the
money.
Estate attorney Tom Alexan
der said Coffee had offered the
money in exchange for a “full re
lease on what he might have
clone, but he wouldn’t specify
what was done.”
Texas-based
bank to cut
energy loans
HOUSTON (AP) — First City
Bancorporation of Texas will no
longer loan a high percentage of its
money to the energy industry, bank
officials vowed at their annual stock
holders meeting Thursday.
The Houston-based holding com
pany lost $232.4 million, or $7.27
per share, in net income in the first
quarter.The company lost $58.1 mil
lion in energy loan write-offs in the
first quarter.
But much of the substantial first
quarter’s loss was accounted for by
First City moving $275 million into a
reserve for potential loan defaults,
said Daniel Arnold, board chairman
and president.
By the end of March, energy loans
accounted for 17.8 percent of all
loans compared to a high of 26 per
cent three years ago, Arnold said.
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