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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

May 06, 1970

Page

1

Allies seize major Red staging areas in Cambodia offensive

Allied and South Vietnamese forces report capturing two major Communist staging areas in Cambodia as part of a broad offensive aimed at disrupting the Ho Chi Minh trail. The push, involving about 15,000 troops, seeks to finish before the monsoon rains.

Saigon Spiy-Us Cambodia Phnom Penh Nixon Phmom Penh Ba Thu 10Th Armored Cavalry Regiment Snoul

Fed lowers margin requirements to spur stock buying

The Federal Reserve Board cut stock purchase margins to 65 percent and convertible bond margins to 50 percent effective today. The move follows reduced credit use for stock buying and comes amid NYSE requests. Margin accounts and bank credit for securities show notable declines since prior guidance.

Washington Fedoura Reserve Board New York Stock Exchange

West Texas State seeks admission to Missouri Valley Conference

Des Moines Iowa West Texas State University faces a formal review by the Missouri Valley Conference eight member schools in a bid for membership. A three man committee will visit the Canyon campus to examine academics and the WT scholarship program before a final vote.

Des Moines Iowa West Texas State University Missouri Valley Athletic Conference West Texas Tulsa Gleon Dobbs Bradley Orville Nothdurst Drake Leland Johnson Canyon WTSU

Nixon Report Fails to End Critics War Doubts

President Nixon told Senate and House Armed Services panels an optimistic Cambodia operation would last six to eight weeks, but critics doubt the gains. Gen Wheeler cited captured weapons and 600 000 man days of rice, while lawmakers questioned motive and a 30 day Cambodia end date proposal drew bipartisan opposition.

Washington Nixon Senate House Armed Services Committees Cambodia House Gerald R. Ford Michigan Earle G. Wheeler Joint Chiefs of Staff White House Administration Stuart Symington Charles Whalen Ohio U.S South Vietnam Laos Vietnam Congress Robert Y Griffin

Youths Storm Capitol in Austin Protest

Riot-helmeted police used tear gas to break up a 2000 strong crowd of youths protesting U.S. troop involvement in Cambodia and other issues. Several officers were wounded by rocks and bricks, four students were arrested, and windows were shattered as the crowd moved from the University of Texas campus toward the capitol.

University of Texas Capitol U.S Cambodia Austin Tex UPI State Capitol U. S New Haven Capitol Rotunda 11Th Street Capitol Grounds Capitol Campus Congress Avenue University Campus Preston Smith

Southwestern Investment Co. fills board posts and promotes officers

The board announces three Amarillo men to fill vacancies and promotes three officers to manage subsidiaries. New members are Neil G. Yows and officers Warren J. Kincaid and Crighton B. Lynch. Nubro Corp. of Lubbock and Deaf Smith Feedyards are recent acquisitions of Southwestern. R Earl O'Keefe also promotes E Jay O'Keefe to executive vice.

Southwestern Investment Co Amarillo Neil G. Yows Nubro Corp Lubbock Deaf Smith Feedyards, Inc Warren J. Kincaid Crighton B. Lynch Nubro Deaf Smith Feedyards Southwestern R. Earl O'Keefe E Jay O'Keefe

Drug Seller Gets LO Years

Wilbur Bo Reese, 36, was sentenced in 81st District Court to 10 years in the state pen after a 11 minute jury deliberation. He was accused in a February 27 roundup tied to two months of undercover work by rookie officer Mike Norris who testified Reese sold LSD to him around February 16. Amarillo chemist Dunn said the tablets contained LSD. defense argued testing residue could skew results.

81St Wilbur Bo" Reese Reese Mike Norris Norris Dunn Amarillo David Foster

Amarillo Banks Report 7 Million Deposits Rise

Nine banks in Amarillo and Canyon filed April 30 deposits totaling 328.7 million, a 7 million year over year increase. Tascosa National Bank and West Texas State Bank of Canyon posted record figures, with Tascosa surpassing its 1969 year end by 132 thousand and West Texas exceeding its 1969 October sum by 46 thousand.

Amarillo Canyon Tascosa National Bank West Texas State Bank of Canyon Tascosa West Texas

Bid for Dam Is Opposed

AUSTIN Amarillo City At ty Bruce Aycock urged the Texas Water Rights Commission to deny J R Hickman of Hereford an application to build a Palo Dura Creek dam north of Hereford. The dam would trap about 890 acre feet for irrigation on 1500 acres while depleting water to Bivins Lake downstream. The panel took the case under advisement after a day of arguments. Aycock argued no surplus water exists for Hickman to claim.

Austin Amarillo Bruce Aycock Texas Water Rights Commission J. R. Hickman Hereford Palo Dura Creek Aycock Bivins Lake Hickman Amd Hickman Water Rights Commission Avecock Palo Duro Creek

Kent State shootings spark FBI guard cordon and questions

Adv General Del Corso said no evidence supported claims of a rooftop sniper. He noted 32 to 38 rounds fired by National Guardsmen after rocks and concrete shattered the scene. FBI and Guard investigators sealed the Kent campus as they probe the deaths of four students and 10 wounded.

S.T. del Corso National del Corso Jon Troops Guard State Highway Patrol Adjutant General FBI Guard Kent Air Force Cleveland National Guard

Social Security Bill Proposes Prepaid Health Care Path

The House Ways and Means Committee backs a plan to add prepaid comprehensive care organizations as an alternative to Medicare. Eligible seniors could join these groups with government covering up to 95 percent of hospital and doctor costs. The bill also defines reasonable charges, tightens payment controls, and would raise Social Security benefits by 5 percent with higher payroll taxes.

Washington Medicare House Ways and Means Committee Gible

Also Mentioned on This Page

Austin Police Gas San Hiver Carlton Stowers MWC Bill Miller North Texas State Astro Guide Ann Landers Sylvia Porter Tyler Vance Pinky Mullins Lipscomb Mullins Jeff Holladay Foster Bureau of Kent, Qohlo Adv
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